Credit Union of Southern California
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Credit Union of Southern California is a 501(c)(14) organization based in Anaheim, California, registered in 1961, with $204,857,864 in FY2024 revenue. CharityIndex grades it A.
8101 E Kaiser Blvd Ste 300, Anaheim, CA, 92808 EIN 95-1818041 Since 1961
Revenue (FY2024)
$204.9M
▲ 14.1% vs prior year
Expenses (FY2024)
$171.2M
Net assets
$189.0M
Employees
414
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Credit Union of Southern California— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Credit Union of Southern California: 13 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Credit Union of Southern California: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Credit Union of Southern California: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
A cooperative, organized for the purpose of promoting thrift and savings among its members.
What they do
Achievement of satisfactory services provided to members in connection with the granting of first and second trust deed real estate loans.
Achievement of satisfactory services provided to members in connection with managing their finances including checking accounts, debit, credit and atm cards, home banking and bill payment services, and overdraft protection and payment.
Contact & location
- Address
- 8101 E Kaiser Blvd Ste 300, Anaheim, CA, 92808
- City
- Anaheim
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.9M (FY2013) to $204.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.7BNet assets $189.0M
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9B
Total liabilities
$2.7B
Net assets
$189.0M
Salaries & benefits
$49.6M
29% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $204,857,864▲14.1% | $171,198,095▲13.2% | $189,036,122▲18.9% | $2,894,345,402▼2.2% | 990 |
| 2023 | $179,480,392▲49.3% | $151,267,296▲60.4% | $158,971,955▲51.4% | $2,958,463,252▲14.6% | 990 |
| 2022 | $120,210,205▲32.7% | $94,299,060▲38.3% | $105,010,911▼50.6% | $2,582,085,802▲14.9% | 990 |
| 2021 | $90,560,812▼3.7% | $68,173,898▼9.5% | $212,749,662▼1.1% | $2,246,765,154▲11.2% | 990 |
| 2020 | $94,039,451▲9.1% | $75,326,832▲12.0% | $215,120,075▲10.6% | $2,020,459,917▲20.3% | 990 |
| 2019 | $86,215,255▲17.6% | $67,238,766▲11.4% | $194,459,261▲21.9% | $1,680,021,724▲13.1% | 990 |
| 2018 | $73,332,209▲10.1% | $60,359,120▲11.9% | $159,554,553▲6.4% | $1,485,094,224▲5.5% | 990 |
| 2017 | $66,609,511▲8.4% | $53,927,360▲12.6% | $150,016,985▲29.3% | $1,408,135,586▲20.0% | 990 |
| 2016 | $61,428,228▲33.8% | $47,882,239▲26.1% | $116,008,703▲3.8% | $1,173,870,077▲17.3% | 990 |
| 2015 | $45,925,118▲6.2% | $37,981,543▲23.5% | $111,729,127▲8.0% | $1,000,879,692▲7.9% | 990 |
| 2014 | $43,245,922▲39.9% | $30,765,929▲17.1% | $103,471,240▲42.8% | $927,723,301▲30.5% | 990 |
| 2013 | $30,910,585 | $26,266,741▲1.7% | $72,451,077▼14.1% | $710,777,020▲3.4% | 990 |
| 2012 | — | $25,824,163▼14.5% | $84,387,111▲18.5% | $687,483,336▲24.5% | 990 |
| 2011 | — | $30,190,670▼11.0% | $71,187,310▲13.1% | $552,232,568▼6.2% | 990 |
| 2010 | — | $33,906,467 | $62,945,351 | $588,684,242 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dave Gunderson — $1,528,695 (0.89% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dave Gunderson | President/ceo | 40 | $1,528,695 |
| Katsu Durst | Cfo | 40 | $620,985 |
| Suzanne Kisslan | Coo | 40 | $596,478 |
| Alissa Guerrero | Cao | 40 | $477,357 |
| Michael Gennawey | Producing Program Manager | 40 | $431,879 |
| Ryan Gallo | Producing Program Manager | 40 | $416,448 |
| Susan Conjurski | Vp Strategic Initiatives | 40 | $412,831 |
| Peter Putnam | Svp, Treasury | 40 | $395,794 |
| Michelle Hunter | Ccxo | 40 | $374,501 |
| Sevan Yakinian | Cto | 40 | $354,547 |
| Paul Jariabek | Vp Engineering & Ciso | 40 | $336,292 |
| Daren Linhares | Svp, Lending | 40 | $294,849 |
| Katie Marie Smith | Svp, Human Resources | 40 | $281,994 |
| Aaron Young | Svp, Branch Ops/retail Banking | 40 | $278,496 |
| Patricia Holcomb | Vp Information Technology | 40 | $257,790 |
| Eric Day | Svp, Board Advocacy & Strategic Initiative | 40 | $174,908 |
| Chris Stone | Secretary | 1 | $2,981 |
| Dawnna Lawrence | Director | 1 | $1,917 |
| Elizabeth Camp | Vice Chairperson | 1 | $1,450 |
| Dave Yamashita | Supv Cmte Member | 1 | $743 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Styskal Wiese& Melchione LLP | Attorney Services | $359,911 |
| Ttec Digital LLC | Consulting Services | $211,570 |
| Granite Telecommunications | Telecommunications Services | $174,706 |
| Adt (iris Group Holding LLC Everon LLC | Physical Security and Alarm Services | $132,696 |
| Cornerstone Advisors | Consulting Services | $127,607 |
Grants made · $427K in FY2024
21 grants totaling $427K in FY2024 — showing the 15 largest. All grants made by Credit Union of Southern California →
| Recipient | Purpose | Amount |
|---|---|---|
| Cu Socal Helping Hands | Provide support to the poor and families in need. | $149,304 |
| Whittier Area Community Church | Our mission is to create communities where every person is invited to gather in worship, grow in a small group, and to go serve our world. | $28,000 |
| Soroptimist International of the Americas Inc | To improve the lives of women and girls through programs leading to social and economic empowerment. | $25,900 |
| Whittier Lions Foundation | The club's mission is to care for the youth, the hearing impaired, and others in need in the greater whittier area. | $25,700 |
| Childrens Miracle Network | Provides financial support for children's hospitals across north america. | $20,200 |
| California Credit Union League | Provide credit unions with advocacy, education, information, and leadership. | $16,000 |
| Interfaith Food Center | The interfaith food center is a non-faith-based, non-profit 501(c)(3) charity organization dedicated to meeting the needs of our hungry and homeless neighbors in whittier, la mirada and santa fe springs. | $15,000 |
| Whittier Union High School District Educational Foundation | Scholarship donations to currently enrolled students. | $14,500 |
| Shelters Right Hand | To provide support as an auxiliary of the women's and children's crisis shelter. | $14,330 |
| Taras Chance | Promoting the physical, cognitive, and social well-being of at-risk youth and/or those with special needs through equine-assisted activities and therapies. | $14,000 |
| Boys & Girls Club of Whittier Inc | Enable young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. | $13,500 |
| Rio Hondo College Foundation | Assisting the college in meeting its commitment to student success by awarding scholarships. | $12,300 |
| Fullerton Chamber of Commerce | Promote and develop the economic, cultural and civic welfare of the north orange county region by offering our members superior business working events, business development, educational opportunities, marketing assistance, and legislative advocacy. | $11,500 |
| Together We Rise Corporation | Committed to improving the lives of children in foster care. | $11,000 |
| Orange County Rescue Mission Inc | Committed to providing support and education to help people escape homelessness. | $10,200 |
Frequently asked questions
- Is Credit Union of Southern California a legitimate nonprofit?
- Yes. Credit Union of Southern California is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 95-1818041, based in Anaheim, California.
- What is Credit Union of Southern California's EIN?
- Credit Union of Southern California's Employer Identification Number (EIN) is 95-1818041.
- How much revenue does Credit Union of Southern California report?
- Credit Union of Southern California reported $204,857,864 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Credit Union of Southern California have?
- CharityIndex grades Credit Union of Southern California A, based on financial health (reserves and operating margin).
- How much does Credit Union of Southern California's highest-paid employee make?
- The highest reported compensation on Credit Union of Southern California's latest Form 990 is $1,528,695, paid to Dave Gunderson (President/ceo).
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Data for Credit Union of Southern California (EIN 95-1818041) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.