El Monte Community Credit Union

EIN: 956064840

El Monte, CA

Total Revenue
$1,656,495
Total Expenses
$1,394,364
Total Assets
$32,567,671
Net Assets
$3,062,860
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Principal Officer
Sandra Rosas
Phone
6264440501
Tax Period
2024-01-01 to 2024-12-31

El Monte Community Credit Union, founded in 1956, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $262K, a strong 16% operating margin.

Mission

El Monte Community Credit Union is a non-profit financial cooperative that provides services for their members including savings and loans. The mission of the Credit Union is to charge the least in their loans and pay the most for deposits to its members.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $953,575
Investment Income $277,795
Other Revenue $425,125
TOTAL REVENUE $1,656,495

Expense Breakdown

Grants Paid $0
Salaries & Benefits $492,731
Fundraising Expenses $0
Other Expenses $772,625
TOTAL EXPENSES $1,394,364

Year-over-Year Comparison

2024 2023 Change
Revenue $1,656,495 $1,370,651 +0.2%
Expenses $1,394,364 $1,213,666 +0.1%
Net Income $262,131 $156,985 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
Employees
8
Volunteers
10

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
1
$150,541
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sandra Rosas CEO 40.00
Officer
$146,645 $3,896 $150,541
Rebecca Aguirre Treasurer 0.50
Director
$0 $0 $0
David Paredes Board Member 0.50
Director
$0 $0 $0
Angel R Nunez Board Chair 0.50
Director
$0 $0 $0
Robert Velasquez Board ViceChair 0.50
Director
$0 $0 $0
Carolyn Seitz Board Member 0.50
Director
$0 $0 $0
Michael McClure Board Member 0.50
Director
$0 $0 $0
Eric Sanchez Board Secretary 0.50
Director
$0 $0 $0
Maria C Caballero SC Member 0.50
Director
$0 $0 $0
Sheila S Crippen Thomas SC Chair 0.50
Director
$0 $0 $0
Amparo Becerra SC member 0.50
Director
$0 $0 $0
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 $1,656,495 $1,394,364 $32,567,671 $262,131
2023 $1,370,651 $1,213,666 $30,762,021 $156,985
2022 $1,224,087 $1,079,262 $32,839,949 $144,825
2021 $966,682 $1,020,817 $35,310,822 $-54,135
2020 $1,073,786 $1,025,966 $33,848,429 $47,820
2019 $1,257,770 $1,101,477 $29,351,235 $156,293
2018 $1,235,455 $1,213,521 $28,175,156 $21,934
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