Credit Unions In The State Of California
- Assets
- $26.1m
- Revenue
- $909.6k
- Investments
- $9.8m
- Employees
- 6
- Location
- Stockton, CA
- Founding
- Data as of
- 12/2017
- EIN
- 94-1334288
Organization Overview
Credit Unions In The State Of California, operating under the name Allied Credit Union, is located in Stockton, CA. As of 12/2017, Allied Credit Union employed 6 individuals. Allied Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2017, Allied Credit Union generated $909.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $829.1k during the year ending 12/2017. While expenses have increased by 1.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
ALLIED CREDIT UNION DELIVERS FINANCIAL SOLUTIONS TO ITS MEMBERS WITH VALUE, CONVENIENCE, AND AN EXCEPTIONAL SERVICE EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLIED CREDIT UNION OFFERS AN ARRAY OF DEPOSIT PRODUCTS TO OUR MEMBERSHIP, INCLUDING SAVINGS, CHECKING, MONEY MARKET, IRAS AND CERTIFICATES PROVIDING COMPETITIVE DIVIDEND RATES. OUR MEMBERSHIP CAN ACCESS THEIR DEPOSITS THROUGH OUR OFFICE, SHARED BRANCH NETWORK, VIA ATM, ONLINE OR BY CALLING OUR MEMBER SERVICE CENTER. OUR CHECKING ACCOUNTS HAVE ATM ACCESS, DEBIT CARD ACCESS, AS WELL AS ON-LINE BENEFITS, SUCH AS BILL PAYMENT.
ALLIED CREDIT UNION OFFERS AN ARRAY OF COMPETITIVE LOAN OPTIONS TO OUR MEMBERS, INCLUDDING NEW AND USED VEHICLES, FIRST MORTGAGE, HOME EQUITY, CREDIT CARD AND PERSONAL LOANS. ALLIED STRIVES TO MAINTAIN COMPETITIVE PRICING AND A VARIETY OF LOAN PRODUCTS THAT MEET OUR MEMBERS' BORROWING NEEDS. MEMBERS CAN APPLY FOR LOANS AT OUR OFFICE, BY TELEPHONE, OR BY MAIL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Michael President | Officer | 60 | $203,717 |
Earl Richardson Chairman | OfficerTrustee | 3 | $0 |
Roberta Pearce Treasurer | OfficerTrustee | 2 | $0 |
Alice Steele Vice Chairman | OfficerTrustee | 2 | $0 |
William Hull Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $546,106 |
| Investment income | $226,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $909,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $203,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,297 |
| Payroll taxes | $22,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,245 |
| Fees for services: Accounting | $6,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,033 |
| Office expenses | $33,254 |
| Information technology | $174,653 |
| Royalties | $0 |
| Occupancy | $66,892 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,985 |
| Interest | $33 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,252 |
| Insurance | $16,230 |
| All other expenses | $1,048 |
| Total functional expenses | $829,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,989 |
| Savings and temporary cash investments | $8,585,087 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $203 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,367,512 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $496,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,788,691 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $496,403 |
| Total assets | $26,143,959 |
| Accounts payable and accrued expenses | $248,949 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,805,256 |
| Total liabilities | $23,054,205 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $3,089,754 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |