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1st Northern California Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 941175509 ✦ Martinez, CA ✦ Designated as a 501(c)(14)

Overview

What is 1st Northern California Credit Union?

1st Northern California Credit Union is a member-centric financial cooperative based in Martinez, California, specifically at 1111 Pine Street, 94553. Established with the mission to promote thrift and savings among its members, the credit union offers financial products and services at favorable rates, acting as a not-for-profit organization for the mutual benefit of its members. The credit union, which employs 111 individuals, operates under the guidance of a board of directors and strives to create a source of credit for its members. As a cooperative, the earnings, savings, benefits, or services of the credit union are distributed to its members, enhancing their economic and social conditions.


Official website here: www.1stnorcalcu.org

Is 1st Northern California Credit Union legitimate?

1st Northern California Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1st Northern California Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,279,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,691,416

For more financial information, click here


Official website here: www.1stnorcalcu.org

What is the mission statement of 1st Northern California Credit Union?

The 1st Northern California Credit Union operates as a cooperative, focusing on promoting thrift and savings among its members. Its primary purpose is to provide affordable credit to members, with interest rates set by the board of directors. This credit union offers members an opportunity to control their own money in a democratic manner, aiming to improve their economic and social conditions. As a cooperative, it conducts business with the mutual benefit and general welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are distributed to its members as patronage.


Official website here: www.1stnorcalcu.org

Who is the CEO of 1st Northern California Credit Union?

David M Green is the President/Ceo of 1st Northern California Credit Union. The CEO's salary of 1st Northern California Credit Union is $364,985 and their total compensation is $432,147.


Official website here: www.1stnorcalcu.org

What is the revenue of 1st Northern California Credit Union?

1st Northern California Credit Union's revenue in 2022 was $16,635,726.


Official website here: www.1stnorcalcu.org

Who are the executives of 1st Northern California Credit Union and what are their salaries?

The average compensation at 1st Northern California Credit Union during 2022 was $53,792. There are 111 employees and 6 volunteers at 1st Northern California Credit Union.

Here are 16 key members and their salaries (1st Northern California Credit Union's CEO's salary is $364,985 and their total compensation is $432,147):

    David Green (President/Ceo)
  • Compensation: $364,985
  • Related: $0
  • Other: $67,162

    • Tasha Kostick (Sr. Vice President/Cfo)
  • Compensation: $201,534
  • Related: $0
  • Other: $36,904

    • Diana Malicoat (Sr. Vice President/Coo)
  • Compensation: $184,628
  • Related: $0
  • Other: $40,817

    • Lisa Homes (Sr. Vice President/Clo)
  • Compensation: $168,772
  • Related: $0
  • Other: $29,125

    • Bruce Muraoka (Vp Of It)
  • Compensation: $162,792
  • Related: $0
  • Other: $22,816

    • Gregg Hoffman (Sr. Vice President/Cmo)
  • Compensation: $152,784
  • Related: $0
  • Other: $23,206

    • Kristina Bryan (Vp Of Operations)
  • Compensation: $118,906
  • Related: $0
  • Other: $39,364

    • Reginald Campbell (Vp/Branch Manager)
  • Compensation: $132,023
  • Related: $0
  • Other: $20,936

    • Chris Perez (Vp Of Mortgage Lending)
  • Compensation: $119,118
  • Related: $0
  • Other: $30,076

    • Stacey Smor (Avp/Controller)
  • Compensation: $100,160
  • Related: $0
  • Other: $20,419

    • Stephen Ybarra (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ann Mason (1St Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Campbell (2Nd Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Enea (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Dunn (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Lucas (Director (Until 4/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.1stnorcalcu.org

    Where can I find the form 990 for 1st Northern California Credit Union?

    The 1st Northern California Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.1stnorcalcu.org

    Learn more at the official website: www.1stnorcalcu.org

    Mission Statement of 1st Northern California Credit Union

    1st Northern California Credit Union, a cooperative organization, is dedicated to promoting savings and thrift amongst its members. Established with the purpose of creating a source of credit for its members, this Credit Union sets interest rates based on the Board of Directors' decisions. Members have the unique opportunity to use and control their own money in a democratic fashion, which in turn, aims to improve their economic and social conditions. Operating as a cooperative, 1st Northern California Credit Union conducts its business for the mutual benefit and general welfare of its members. The earnings, savings, benefits, or services of this Credit Union are distributed back to its members as patronage.

    Impact

    This information is meant to be a general summary of 1st Northern California Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    1st Northern California Credit Union's impact is significant in providing access to financial products and services to its members in the state of California. By offering loans at low rates, the credit union enables its members to access affordable credit for various needs. Additionally, as a cooperative, 1st Northern Credit Union promotes thrift and savings among its members, contributing to improving their economic and social conditions. This organization operates for the mutual benefit and general welfare of its members, with earnings, savings, benefits, or services being distributed to its members as patrons.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,991,241
  • Program Service Revenue: $10,644,485
  • Gross Receipts: $16,635,726

    • Assets and Liabilities:
  • Total Assets: $878,372,297
  • Total Liabilities: $794,485,225
  • Net Assets: $83,887,072
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $8,953,791

    INTERCHANGE INCOME

    Revenue

    $1,435,950

    FEES AND CHARGES

    Revenue

    $365,408

    NONMEMBER ATM FEES

    Revenue

    $24,927

    OTHER NON INTEREST INCOME

    Revenue

    $-135,591

    Organization Details

    Founding Year

    1949

    Principal Officer

    David M Green

    Main Address

    1111 PINE STREET, MARTINEZ, CA, 94553

    NTEE Category

    Code: W61 - Public benefit

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