Credit Union Of Southern California

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

EIN: 951818041 ✦ Anaheim, CA ✦ Designated as a 501(c)(14)

Overview

What is Credit Union Of Southern California?

Credit Union of Southern California is a cooperative based in Anaheim, California, with a workforce of 375 employees. Established with the mission to promote thrift and savings among its members, it offers competitive dividends on savings accounts and serves as a source of credit with interest rates determined by the board of directors. Members have the opportunity to use and control their own money democratically, aiming to enhance their economic and social conditions. The credit union conducts its business for the mutual benefit and general welfare of its members, distributing earnings, savings, benefits, or services to them as patronage.


Official website here: www.cusocal.org

Is Credit Union Of Southern California legitimate?

Credit Union Of Southern California is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Of Southern California 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: $9,016,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,825,834

For more financial information, click here


Official website here: www.cusocal.org

What is the mission statement of Credit Union Of Southern California?

The Credit Union of Southern California is a cooperative, established with the primary goal of encouraging thrift and savings among its members. It operates as a financial institution, providing affordable credit to its members based on interest rates decided by its board of directors. The cooperative offers its members the opportunity to control their own money and make democratic decisions to enhance their economic and social conditions. As a cooperative, the Credit Union of Southern California conducts business with the mutual benefit and general welfare of its members in mind, distributing earnings, savings, benefits, or services back to them.


Official website here: www.cusocal.org

Who is the CEO of Credit Union Of Southern California?

Dave Gunderson is the President/Ceo of Credit Union Of Southern California. The CEO's salary of Credit Union Of Southern California is $3,186,545 and their total compensation is $3,237,390.


Official website here: www.cusocal.org

What is the revenue of Credit Union Of Southern California?

Credit Union Of Southern California's revenue in 2022 was $120,210,205.


Official website here: www.cusocal.org

Who are the executives of Credit Union Of Southern California and what are their salaries?

The average compensation at Credit Union Of Southern California during 2022 was $84,913. There are 375 employees and 16 volunteers at Credit Union Of Southern California.

Here are 35 key members and their salaries (Credit Union Of Southern California's CEO's salary is $3,186,545 and their total compensation is $3,237,390):

    Dave Gunderson (President/Ceo)
  • Compensation: $3,186,545
  • Related: $0
  • Other: $50,845

    • Suzanne Kisslan (Coo)
  • Compensation: $496,450
  • Related: $0
  • Other: $28,098

    • Kevin Pendergraft (Advisory)
  • Compensation: $505,772
  • Related: $0
  • Other: $11,600

    • Michelle Hunter (Ccxo)
  • Compensation: $375,243
  • Related: $0
  • Other: $65,847

    • Orlando Cepeida (Commercial Loan Officer)
  • Compensation: $429,328
  • Related: $0
  • Other: $11,600

    • Alissa Guerrero (Cao)
  • Compensation: $385,707
  • Related: $0
  • Other: $42,295

    • Michael Gennawey (Producing Program Manager)
  • Compensation: $381,923
  • Related: $0
  • Other: $21,491

    • Katsu Durst (Cfo)
  • Compensation: $379,832
  • Related: $0
  • Other: $22,698

    • Kenneth Downs (Cio)
  • Compensation: $344,184
  • Related: $0
  • Other: $39,464

    • Peter Putnam (Svp Treasury)
  • Compensation: $350,803
  • Related: $0
  • Other: $31,738

    • Ryan Gallo (Producing Program Manager)
  • Compensation: $340,317
  • Related: $0
  • Other: $40,301

    • Sevan Yakinian (Svp Mbr Svs & Pymt Systems)
  • Compensation: $259,157
  • Related: $0
  • Other: $17,210

    • Aaron Young (Svp Branch Operations)
  • Compensation: $250,120
  • Related: $0
  • Other: $23,786

    • Katie Marie Smith (Svp Human Resources)
  • Compensation: $254,320
  • Related: $0
  • Other: $13,849

    • Paul Jariabek (Vp Engineering & Ciso)
  • Compensation: $239,098
  • Related: $0
  • Other: $27,197

    • Patricia Holcomb (Vp Information Technology)
  • Compensation: $227,894
  • Related: $0
  • Other: $19,085

    • Michael Cruz (Svp Risk Management)
  • Compensation: $221,622
  • Related: $0
  • Other: $9,401

    • Daren Linhares (Svp Lending)
  • Compensation: $200,642
  • Related: $0
  • Other: $17,417

    • Eric Day (Svp Board Advocacy & Strategic Initiative)
  • Compensation: $160,980
  • Related: $0
  • Other: $6,465

    • Chris Stone (Director)
  • Compensation: $4,460
  • Related: $0
  • Other: $0

    • Paul Moore (Director)
  • Compensation: $4,088
  • Related: $0
  • Other: $0

    • John Rosenberger (Secretary) [Trustee/Director]
  • Compensation: $2,622
  • Related: $0
  • Other: $0

    • Chris George (Vice Chairperson) [Trustee/Director]
  • Compensation: $1,848
  • Related: $0
  • Other: $0

    • Greg Kelley (Supv Cmte Member) [Trustee/Director]
  • Compensation: $1,821
  • Related: $0
  • Other: $0

    • Elizabeth Camp (Treasurer) [Trustee/Director]
  • Compensation: $1,662
  • Related: $0
  • Other: $0

    • Robyn Bjorklund (Chairperson) [Trustee/Director]
  • Compensation: $1,657
  • Related: $0
  • Other: $0

    • Dawnna Lawrence (Director)
  • Compensation: $1,652
  • Related: $0
  • Other: $0

    • Gil Rodriguez (Director)
  • Compensation: $1,560
  • Related: $0
  • Other: $0

    • Dave Yamashita (Supv Cmte Member) [Trustee/Director]
  • Compensation: $1,486
  • Related: $0
  • Other: $0

    • Rosie Robinson (Supv Cmte Member) [Trustee/Director]
  • Compensation: $1,483
  • Related: $0
  • Other: $0

    • Dona Moseley (Director)
  • Compensation: $959
  • Related: $0
  • Other: $0

    • Ed Paul (Supv Cmte Member) [Trustee/Director]
  • Compensation: $758
  • Related: $0
  • Other: $0

    • Connie Zappone (Director)
  • Compensation: $624
  • Related: $0
  • Other: $0

    • Judy Miller (Supv Cmte Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Toohey (Supv Cmte Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cusocal.org

    Where can I find the form 990 for Credit Union Of Southern California?

    The Credit Union Of Southern California’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cusocal.org

    Learn more at the official website: www.cusocal.org

    Mission Statement of Credit Union Of Southern California

    Credit Union of Southern California, a cooperative with a noble purpose, is organized to foster savings among its members and create a credit source for them at rates determined by the board of directors. This member-owned financial institution offers its patrons an opportunity to control and use their own money democratically, with the ultimate goal of improving their economic and social conditions. As a cooperative, Credit Union of Southern California operates for the mutual benefit and general welfare of its members. The earnings, savings, benefits, and services of the credit union are distributed back to its members, acting as a vital financial resource for them.

    Impact

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




    Thursday, August 15, 2024

    Credit Union Of Southern California's impact lies in its mission to promote thrift, savings, and access to credit among its members. By operating as a cooperative, it empowers its members to use and control their own finances on a democratic basis. This approach not only helps improve the economic and social conditions of its members but also fosters a sense of community and mutual benefit. Through competitive dividends on savings accounts and setting interest rates based on member needs, the Credit Union Of Southern California plays a vital role in enhancing financial well-being and promoting financial inclusion in Anaheim, CA, and beyond.





    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: $19,526,275
  • Program Service Revenue: $100,530,016
  • Gross Receipts: $138,258,216

    • Assets and Liabilities:
  • Total Assets: $2,582,085,802
  • Total Liabilities: $2,477,074,891
  • Net Assets: $105,010,911
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $59,812,114

    OTHER OPERATING INCOME

    Revenue

    $28,342,467

    FEE INCOME

    Revenue

    $12,375,435

    Organization Details

    Founding Year

    1954

    Principal Officer

    Dave Gunderson

    Main Address

    8101 EAST KAISER BLVD 300, ANAHEIM, CA, 92808

    NTEE Category

    Code: W60 - Public benefit

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