Credit Unions In The State Of California

Organization Overview

Credit Unions In The State Of California is located in Burlingame, CA. The organization was established in 1961. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Credit Unions In The State Of California employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions In The State Of California 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 12/2023, Credit Unions In The State Of California generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVERTED EFT SERVICE PROVIDER TO CO-OP FINANCIAL SERVICES PROVIDING MORE DIGITAL PAYMENT OPTIONS FOR OUR MEMBERS, SUCH AS DIGITAL WALLETS.


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Board, Officers & Key Employees

Name (title)Compensation
Annie Miller
Chair
$0
Ted Celentino
Vice Chair
$0
Angela Davis
Treasurer
$0
Abby Villavicencio
Secretary
$0
Reed Graham
Director
$0
Kaylyn Dawkins
Director
$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$3,306,635
Investment income $580,610
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 $3,887,245

Peer Organizations

Organization NameAssets
Credit Unions In The State Of California
Sacramento, CA
$21,111,349
Safeamerica Credit Union
Pleasanton, CA
$21,376,777
Wheelhouse Credit Union
San Diego, CA
$17,871,184
1st Northern California Credit Union
Martinez, CA
$16,635,726
Boulder Dam Credit Union
Boulder City, NV
$23,391,791
Credit Unions In The State Of California
Sacramento, CA
$17,991,070
Tucson Old Pueblo Credit Union Arizona
Tucson, AZ
$11,807,934
Weststar Credit Union
Las Vegas, NV
$13,305,618
Credit Unions In The State Of California
Santa Cruz, CA
$14,177,074
Monterey Credit Union
Monterey, CA
$12,967,037
Credit Unions In The State Of California
Rancho Cordova, CA
$12,093,694
Credit Unions In The State Of California
Redlands, CA
$11,695,246
Matadors Community Credit Union
Chatsworth, CA
$13,819,035
Credit Unions In The State Of Arizona
Tempe, AZ
$13,305,523
Credit Unions In The State Of California
Santa Rosa, CA
$10,601,574
Oregonians Credit Union
Milwaukie, OR
$11,837,006
Members 1st Credit Union
Redding, CA
$12,578,808
Ilwu Federal Credit Union
Long Beach, CA
$11,612,140
Financial Horizons Credit Union
Hawthorne, NV
$12,765,860
First Imperial Credit Union
El Centro, CA
$10,509,894
Priority One Credit Union
South Pasadena, CA
$9,483,146
E-Central Credit Union
Pasadena, CA
$11,789,670
Credit Unions In The State Of California
Redondo Beach, CA
$8,170,718
Deer Valley Credit Union
Phoenix, AZ
$8,639,615
Credit Unions In The State Of California
Garberville, CA
$8,162,319

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