Overview
What is Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union?
Wheelhouse Credit Union, formerly known as San Diego Metropolitan Credit Union, is a cooperative financial institution based in San Diego, California. Established with the purpose of encouraging savings and lending among its members, Wheelhouse Credit Union offers various product lines tailored to its account holders. One of its most significant member bases, outside of membership savings, consists of checking account holders, whose average balance hovers around $11,000. The credit union provides two popular checking account options: a no-dividend, no-monthly-fee account for those meeting specific criteria, and a dividend-bearing account that requires maintaining an average daily balance. All checking account holders additionally have a basic savings account, while the second most common account combination includes a savings and consumer loan. In 2018, the credit union underwent a name change and introduced a new home banking platform and money moving service. In 2019, Wheelhouse Credit Union converted its core processor from Fiserv XP2 to Keystone. With a staff of 123 employees, the credit union operates as a democratic cooperative, distributing earnings, savings, benefits, or services to its members for their mutual benefit and general welfare.
Official website here: www.wheelhousecu.com
Is Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union legitimate?
Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wheelhouse Credit Union Fka San Diego Metropolitan 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: $1,358,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,150,558
For more financial information, click here
Official website here: www.wheelhousecu.com
What is the mission statement of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union?
Wheelhouse Credit Union, formerly known as San Diego Metropolitan Credit Union, is a cooperative established to encourage savings among its members and provide them with affordable credit on mutually beneficial terms. The credit union operates with the earnings, savings, benefits, or services distributed back to its members as patronage. Its primary objective is to help members manage and control their money democratically, improving their economic and social conditions. As a cooperative, Wheelhouse Credit Union conducts business with the overall benefit and general welfare of its members in mind.
Official website here: www.wheelhousecu.com
Who is the CEO of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union?
Lisa Paul-Hill is the Chairperson of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union. The CEO's salary of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union is $270,965 and their total compensation is $305,693.
Official website here: www.wheelhousecu.com
What is the revenue of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union?
Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union's revenue in 2022 was $17,871,184.
Official website here: www.wheelhousecu.com
Who are the executives of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union and what are their salaries?
The average compensation at Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union during 2022 was $52,921. There are 123 employees and 14 volunteers at Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union.
Here are 22 key members and their salaries (Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union's CEO's salary is $270,965 and their total compensation is $305,693):
- Lisa Paul-Hill (Ceo)
- John Frazza (Clo)
- Curt Yasuhara (Vp Business Intelligence)
- Rebecca Ramos-Arzola (Vp Human Resources)
- Jill Faucher (Vp Marketing)
- Bret Johnson (Vp Operations)
- Lisa Chan (Cfo)
- Doug Lafave (Vp Information Technology)
- Sharon Floyd (Chairperson) [Trustee/Director]
- Stephanie Rose (Vice Chairperson) [Trustee/Director]
- Robert Wilson (Board Secretary/Treasurer) [Trustee/Director]
- Melissa Russo (Board Member) [Trustee/Director]
- Michael Ahlering (Board Member) [Trustee/Director]
- Robert Lawrence (Board Member) [Trustee/Director]
- Marcia Mclatchy (Board Member) [Trustee/Director]
- Mario Modiano (Board Member) [Trustee/Director]
- Dan Sobel (Board Member) [Trustee/Director]
- Tony Calabrese (Supv Cmte Chairperson) [Trustee/Director]
- George Thomas (Supv Cmte Member) [Trustee/Director]
- Gail Glutting (Supv Cmte Member) [Trustee/Director]
- Scott Wahl (Supv Cmte Member) [Trustee/Director]
- Edward Prendell (Supv Cmte Member) [Trustee/Director]
Official website here: www.wheelhousecu.com
Where can I find the form 990 for Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union?
The Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wheelhousecu.com
Learn more at the official website: www.wheelhousecu.com
Mission Statement of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union
Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union is a cooperative, organized with the primary objective of encouraging thrift and savings among its members. Established as a democratic financial institution, the credit union aims to provide its members with affordable credit, setting interest rates based on collective decisions made by the Board of Directors. The organization offers its members the unique opportunity to manage and control their financial resources to enhance their economic and social conditions.
As a cooperative, Wheelhouse Credit Union conducts its business for the mutual benefit and overall welfare of its members. The credit union manages its earnings, savings, benefits, or services, distributing them back to its members as patronage. By emphasizing the principles of cooperation, the financial institution fosters a sense of community among its members, creating a supportive financial ecosystem. The mission of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union is to empower its members through financial inclusion, democratically controlled financial services, and the collective pursuit of economic advancement.
Impact
This information is meant to be a general summary of Wheelhouse Credit Union Fka San Diego Metropolitan Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Wheelhouse Credit Union, formerly known as San Diego Metropolitan Credit Union, plays a significant role in promoting thrift and savings among its members. With a focus on providing various product lines tailored to meet the financial needs of its members, Wheelhouse Credit Union has a substantial impact on fostering financial stability and security within its community. Through offering checking accounts with different features and benefits, as well as additional services such as savings accounts, consumer loans, and savings certificates, the credit union empowers its members to manage and control their finances effectively.
Furthermore, by operating as a cooperative, Wheelhouse Credit Union ensures that its business is conducted for the mutual benefit and general welfare of its members. This democratic approach allows members to have a say in the decision-making process and promotes economic and social empowerment within the community. The credit union's mission of improving the economic and social conditions of its members aligns with its core values of promoting financial well-being and providing a source of credit at reasonable rates of interest.
Overall, Wheelhouse Credit Union's impact extends beyond just financial services; it is dedicated to supporting its members in achieving their financial goals and enhancing their overall quality of life.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$13,159,319
OTHER OPERATING INCOME
Revenue
$1,713,862
FEE INCOME
Revenue
$763,192
Organization Details
Founding Year
1934
Phone
(619) 297-4835
Principal Officer
Lisa Paul-Hill
Main Address
PO BOX 719099, SAN DIEGO, CA, 92171
Website
www.wheelhousecu.com
NTEE Category
Code: W60 - Public benefit
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