Overview
What is Premier America Credit Union?
Premier America Credit Union is a cooperative organization based in Chatsworth, California, with a membership of 117,622 as of December 31, 2022. The credit union's primary mission is to encourage savings and promote thrift among its members. By doing so, it provides them with affordable credit options, determined by the Board of Directors. Members can use their own money democratically to improve their economic and social conditions. In 2022, the credit union welcomed 13,607 new members and saw a $15 million increase in deposit balances. The organization continues to pay favorable dividend rates on savings to its members.
Official website here: www.premieramerica.com
Is Premier America Credit Union legitimate?
Premier America Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Premier America 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: $4,452,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,214,348
For more financial information, click here
Official website here: www.premieramerica.com
What is the mission statement of Premier America Credit Union?
Premier America Credit Union is a cooperative organized with the primary goal of encouraging thrift and savings among its members. The credit union serves as a source of credit for its members, offering loans at interest rates determined by the board of directors. Members have the opportunity to control and use their own money in a democratic manner, aiming to enhance their economic and social conditions. As a cooperative, Premier America Credit Union operates with the mutual benefit and general welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are returned to its members as patronage.
Official website here: www.premieramerica.com
Who is the CEO of Premier America Credit Union?
Rodolfo J Pereira is the Principal Officer of Premier America Credit Union. The CEO's salary of Premier America Credit Union is $995,765 and their total compensation is $1,037,280.
Official website here: www.premieramerica.com
What is the revenue of Premier America Credit Union?
Premier America Credit Union's revenue in 2022 was $127,070,331.
Official website here: www.premieramerica.com
Who are the executives of Premier America Credit Union and what are their salaries?
The average compensation at Premier America Credit Union during 2022 was $74,306. There are 480 employees and 15 volunteers at Premier America Credit Union.
Here are 24 key members and their salaries (Premier America Credit Union's CEO's salary is $995,765 and their total compensation is $1,037,280):
- Toni Daniels (Chief Administrative Officer)
- Rodolfo Pereira (President & Ceo)
- Kelly Karren (Financial Advisor)
- Ernesto Norona (Chief Operations Officer)
- Janakiramana Yandapalli (Chief Technology Officer)
- Marcia Girardi (Chief Experience Officer)
- Orlando Duque (Mortgage Loan Officer)
- Ernie Celaya (Mortgage Loan Officer)
- Anthony Velarde (Financial Advisor)
- W Brad Cunningham (Former Cfo)
- David Fitzgerald (Chief Lending Officer)
- Brindon Gardner (Mortgage Loan Officer)
- Ie-Chen Cheng (Chief Financial Officer)
- Gary Holmen (Vice Chair) [Trustee/Director]
- Bill Hampel (Director)
- Larry Martin (Director)
- Eva Gomez (Director)
- William Cole (Chair) [Trustee/Director]
- Larry Colson (Director)
- Joann Klonowski (Director)
- Mechelle Best (Director)
- John De Vere Jr (Director)
- Kurt Ford (Secretary/Treasurer) [Trustee/Director]
- Eric Goldner (Director)
Official website here: www.premieramerica.com
Where can I find the form 990 for Premier America Credit Union?
The Premier America Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.premieramerica.com
Learn more at the official website: www.premieramerica.com
Mission Statement of Premier America Credit Union
Premier America Credit Union, a cooperative organization, is dedicated to encouraging savings and thrift among its members. By doing so, it serves as a valuable source of credit for its members, offering competitive interest rates set by its Board of Directors. The credit union provides its members with the unique opportunity to manage their own money in a democratic manner, aiming to enhance their economic and social conditions.
As a cooperative, Premier America Credit Union operates with the collective benefit and general welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are distributed back to its members, acting as patronage. In essence, Premier America Credit Union empowers its members to control their financial resources and make informed decisions for their financial future.
Impact
This information is meant to be a general summary of Premier America Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Premier America Credit Union's impact lies in promoting thrift and savings among its members while providing them with a source of credit at favorable interest rates. In 2022, the organization acquired 13,607 new members, bringing the total membership to 117,622 by the end of the year. Deposit balances grew by $15 million compared to the previous year, and members continued to benefit from favorable dividend rates on their savings. Operating as a cooperative, Premier America Credit Union conducts its business for the mutual benefit and general welfare of its members, with earnings, savings, benefits, or services distributed back to members. This approach empowers individuals to manage their finances on a democratic basis, thereby improving their economic and social conditions.
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.
INCOME FROM MEMBER LOANS
Revenue
$103,298,572
INTERCHANGE INCOME
Revenue
$5,801,272
SERVICE CHARGES & OTHER FEES
Revenue
$4,967,995
INVESTMENT BROKERAGE COMMISSIONS
Revenue
$2,673,362
OTHER NON-INTEREST INCOME
Revenue
$2,402,087
Organization Details
Founding Year
1957
Phone
(818) 772-4011
Principal Officer
Rodolfo J Pereira
Main Address
19867 PRAIRIE STREET, CHATSWORTH, CA, 91311
Website
www.premieramerica.com
NTEE Category
Code: W60 - Public benefit
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