CALIFORNIA CREDIT UNION

EIN: 950951410

GLENDALE, CA

Total Revenue
$243,554,300
Total Expenses
$223,294,545
Total Assets
$5,046,381,674
Net Assets
$314,411,240
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
CA
Principal Officer
STEVEN O'CONNELL
Phone
8182915522
Tax Period
2024-01-01 to 2024-12-31

CALIFORNIA CREDIT UNION, founded in 1939, is a major nonprofit that reported $243.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $223.3M left a modest 8% surplus.

Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, CALIFORNIA CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Program Service Accomplishments

Program 1

WE CONCLUDED ANOTHER SUCCESSFUL YEAR SERVING OUR MEMBERS IN 2024.

Program 2

AT CALIFORNIA CREDIT UNION, WE WERE PROUD TO CONTINUE SUPPORTING OUR MEMBERS AND COMMUNITIES BY HELPING THEM ACHIEVE THEIR FINANCIAL GOALS. ADDING NEW MEMBER VALUE HAS ALWAYS BEEN A KEY PRIORITY AND...

Read more

AT CALIFORNIA CREDIT UNION, WE WERE PROUD TO CONTINUE SUPPORTING OUR MEMBERS AND COMMUNITIES BY HELPING THEM ACHIEVE THEIR FINANCIAL GOALS. ADDING NEW MEMBER VALUE HAS ALWAYS BEEN A KEY PRIORITY AND WE CONTINUED TO DELIVER AS WE WERE ONCE AGAIN CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), A DESIGNATION ONLY GIVEN TO ORGANIZATIONS PROVEN TO PROVIDE FINANCIAL SERVICES IN COMMUNITIES THAT HAVE HISTORICALLY LACKED ACCESS TO TRADITIONAL BANKING SERVICES. IN ADDITION, WE LAUNCHED OUR BANK ON CHECKING ACCOUNT WHICH IS A SAFE BANKING SOLUTION DESIGNED FOR PROSPECTIVE MEMBERS WHO MAY NOT QUALIFY FOR OTHER CHECKING ACCOUNT TYPES DUE TO THEIR PAST BANKING HISTORY AT OTHER FINANCIAL INSTITUTIONS. THIS PRODUCT IS FEATURED ON THE NATIONAL BANK ON WEBSITE, WHICH PROVIDES A DIRECT LINK TO OUR WEBSITE. IN 2024, OUR FINANCIAL LITERACY PROGRAMS REACHED 32,000 PROVIDING 40 FINANCIAL EDUCATION MODULES TO ALL MEMBERS AND WEBSITE VISITORS FOR FREE AS WELL AS OFFERING FINANCIAL LITERACY PROGRAMS IN PARTNERSHIP WITH GREENPATH FINANCIAL WELLNESS AND A BITE OF REALITY.

Program 3

CALIFORNIA CREDIT UNION REMAINED COMMITTED TO SUPPORTING OUR COMMUNITIES BY INVESTING OVER $720,000 INTO NEW PARTNERSHIPS, EMPLOYEE VOLUNTEERISM, AND INDUSTRY ADVOCACY OPPORTUNITIES. WE ALSO...

Read more

CALIFORNIA CREDIT UNION REMAINED COMMITTED TO SUPPORTING OUR COMMUNITIES BY INVESTING OVER $720,000 INTO NEW PARTNERSHIPS, EMPLOYEE VOLUNTEERISM, AND INDUSTRY ADVOCACY OPPORTUNITIES. WE ALSO CONTINUED OUR PARTNERSHIP WITH THE LOS ANGELES ZOO WHOSE FOCUS ON FAMILIES AND EDUCATION DIRECTLY ALIGNS WITH OUR GOALS AND PURPOSE IN THE LA MARKET. THIS PARTNERSHIP PROVIDES GREAT EXPOSURE TO THE ZOO'S NEARLY 1.8 MILLION ANNUAL VISITORS, AS WELL AS ALLOW FOR ONSITE ACTIVATIONS FOR NEW MEMBERSHIPS, EDUCATIONAL SUPPORT FOR UNDERSERVED SCHOOLS, COMMUNITY GIVING AND VOLUNTEER OPPORTUNITIES. IN 2024, OUR EMPLOYEES SERVED AS VOLUNTEERS ON 21 EDUCATION AND COMMUNITY FOUNDATION BOARDS ACROSS SOUTHERN CALIFORNIA. OUR STAFF CAME TOGETHER TO SUPPORT OPERATION HOMEFRONT PUTTING TOGETHER CARE PACKAGES TO SUPPORT OUR TROOPS, BUILD HOMES FOR HABITAT FOR HUMANITY, MARCH IN THE SAN DIEGO PRIDE FESTIVAL, DISTRIBUTE SCHOOL SUPPLIES, AND MUCH MORE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $175,044,055
Investment Income $54,513,308
Other Revenue $13,996,937
TOTAL REVENUE $243,554,300

Expense Breakdown

Grants Paid $123,409
Salaries & Benefits $64,331,687
Fundraising Expenses $0
Other Expenses $158,839,449
TOTAL EXPENSES $223,294,545

Year-over-Year Comparison

2024 2023 Change
Revenue $243,554,300 $204,850,638 +0.2%
Expenses $223,294,545 $184,990,439 +0.2%
Net Income $20,259,755 $19,860,199 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
629
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$4,633,619
Total Directors
16
$6,218
Key Employees
9
$3,972,936
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTON GREENE CHAIRMAN 1.00
Director
$0 $0 $0
PAMELA FEES VICE CHAIRPERSON 1.00
Director
$0 $0 $0
REBECCA COLLIER BOARD SECRETARY 1.00
Director
$0 $0 $0
JEFF STONE BOARD TREASURER 1.00
Director
$0 $0 $0
JAMES DOYLE FORMER BOARD MEMBER 1.00
Director
$0 $0 $0
VICTOR HANSON BOARD MEMBER 1.00
Director
$2,144 $0 $2,144
TED FUJIMOTO BOARD MEMBER 1.00
Director
$0 $0 $0
SURVIVA MENDOZA FORMER BOARD MEMBER 1.00
Director
$0 $0 $0
FREDRIC NIGRO FORMER BOARD MEMBER 1.00
Director
$0 $0 $0
EMMANUEL OLAES BOARD MEMBER 1.00
Director
$731 $0 $731
MARCIA WADE BOARD MEMBER 1.00
Director
$0 $0 $0
JANALYN GLYMPH SUPERVISORY COMMITTEE CHAIR 1.00
Director
$838 $0 $838
WILLIAM KALEY SUPERVISORY COMMITTEE SECRETARY 1.00
Director
$0 $0 $0
GUILBERT HENTSCHKE SUPERVISORY COMMITTEE MEMBER 1.00
Director
$0 $0 $0
ROGER MCTIGHE SUPERVISORY COMMITTEE MEMBER 1.00
Director
$0 $0 $0
SCOTT J SVONKIN SUPERVISORY COMMITTEE MEMBER 1.00
Director
$2,505 $0 $2,505
STEVEN O'CONNELL PRESIDENT, CEO 40.00
Officer
$1,130,594 $60,821 $1,191,415
MARK LOVEWELL EVP, CFO AND PRESIDENT OF CUSO OPS 40.00
Officer
$658,064 $82,745 $740,809
ROBERT O'GRADY EVP, CHIEF OPERATING OFFICER 40.00
Officer
$812,969 $48,127 $861,096
HUDSON LEE EVP, CHIEF RISK OFFICER 40.00
Officer
$568,463 $52,127 $620,590
JOHN BRETTHAUER EVP, CHIEF ADMINISTRATIVE OFFICER 40.00
Officer
$556,775 $60,821 $617,596
RICHARD HUBENY EVP, CHIEF LENDING OFFICER 40.00
Officer
$521,962 $80,151 $602,113
DIANE MADISON-JAMMAL SVP, CHIEF INNOVATION OFFICER 40.00
Key Emp
$1,050,617 $43,700 $1,094,317
PATRICK ZARIFIAN SVP, CHIEF EXPERIENCE OFFICER 40.00
Key Emp
$437,357 $60,821 $498,178
JILL VASANT SVP, CHIEF MARKETING OFFICER 40.00
Key Emp
$385,033 $55,893 $440,926
CHARLES LACUESTA SVP, CHIEF INFORMATION OFFICER 40.00
Key Emp
$373,778 $30,750 $404,528
MARVEL FORD SVP, CHIEF ADVOCACY OFFICER 40.00
Key Emp
$328,785 $31,966 $360,751
JASON PUGH SVP, REAL ESTATE LENDING 40.00
Key Emp
$287,959 $46,370 $334,329
KIMBERLY SMITH SVP, CONSUMER LENDING 40.00
Key Emp
$264,959 $10,227 $275,186
BLANCA DONAHUE SVP, OPERATIONS 40.00
Key Emp
$241,218 $43,882 $285,100
AMADA MORALES SVP, HUMAN RESOURCES 40.00
Key Emp
$239,031 $40,590 $279,621
IRMA A JIMENEZ VP, MORTGAGE LOAN OFFICER 40.00
Highest
$946,115 $55,895 $1,002,010
KEVIN ANDREW WITOWICH FINANCIAL ADVISOR 40.00
Highest
$668,265 $54,555 $722,820
CARLO ALBERT BOTON FINANCIAL ADVISOR 40.00
Highest
$490,888 $18,862 $509,750
SAM NOP VP, CONTROLLER 40.00
Highest
$388,226 $43,579 $431,805
BRIAN JAMES VENN VP, PROGRAM MANAGER 40.00
Highest
$371,748 $60,836 $432,584
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $243,554,300 $223,294,545 $5,046,381,674 $20,259,755
2023 $204,850,638 $184,990,439 $4,876,733,268 $19,860,199
2022 $152,708,557 $129,286,444 $4,561,740,327 $23,422,113
2021 $164,391,792 $124,229,218 $4,290,889,688 $40,162,574
2020 $144,885,317 $140,425,127 $3,815,429,375 $4,460,190
2019 $155,942,457 $124,317,978 $3,190,811,816 $31,624,479
2018 $142,976,572 $120,627,874 $3,086,714,883 $22,348,698
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CALIFORNIA CREDIT UNION with other nonprofits in California and across the country.