Credit Unions In the State of California
Only null% goes to programs Strong reserves Growing revenue
Credit Unions In the State of California is a 501(c)(14) organization based in Westminster, California, registered in 1979, with $91,952,473 in FY2024 revenue. CharityIndex grades it A.
5505 Garden Grove Blvd, Westminster, CA, 92683 EIN 95-1644568 Since 1979
Revenue (FY2024)
$92.0M
▲ 15.8% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$83.2M
Net assets
$272.3M
Employees
300
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 Unions In the State of 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 rating39 mo reserves · +9% 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 Unions In the State of California: 39 mo reserves · +9% 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 Unions In the State of 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 Unions In the State of California: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
A cooperative, organized for the purpose of promoting thrift and savings among its members.
What they do
Providing deposit services for our member-owners with lower fees and attractive rates. the deposit services include: checking accounts, share savings, money market accounts, share certificates of deposit, iras, special occasion club accounts, and summer savings plans.
Contact & location
- Address
- 5505 Garden Grove Blvd, Westminster, CA, 92683
- City
- Westminster
- State
- California
- Category
- Public & Societal Benefit
- Subcategory
- Financial Institutions
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $46.2M (FY2013) to $92.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.8BNet assets $272.3M
Operating margin
9.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0B
Total liabilities
$1.8B
Net assets
$272.3M
Salaries & benefits
$24.3M
29% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $91,952,473▲15.8% | $83,243,687▲28.0% | $272,338,685▲4.0% | $2,043,255,241▲3.7% | 990 |
| 2023 | $79,427,970▲23.6% | $65,021,225▲39.4% | $261,941,357▲5.8% | $1,969,993,549▼2.1% | 990 |
| 2022 | $64,266,960▲12.4% | $46,656,926▲4.5% | $247,555,073▲10.6% | $2,012,780,174▲1.7% | 990 |
| 2021 | $57,183,235▼4.0% | $44,657,416▼10.7% | $223,831,300▲10.0% | $1,978,868,694▲11.0% | 990 |
| 2020 | $59,537,252▼3.0% | $50,028,799▼1.2% | $203,544,788▲1.1% | $1,782,896,401▲16.2% | 990 |
| 2019 | $61,359,719▲7.2% | $50,627,836▲12.8% | $201,349,659▲3.3% | $1,534,622,789▲7.1% | 990 |
| 2018 | $57,230,819▲11.5% | $44,885,230▲8.1% | $194,950,297▲8.8% | $1,433,506,717▲3.8% | 990 |
| 2017 | $51,334,390▲6.1% | $41,503,382▲2.8% | $179,210,208▲8.2% | $1,380,674,459▲4.4% | 990 |
| 2016 | $48,373,063▲5.2% | $40,363,141▲13.0% | $165,661,608▲1.5% | $1,322,308,462▲8.5% | 990 |
| 2015 | $45,980,572▼1.2% | $35,725,861▲1.0% | $163,260,813▲7.0% | $1,218,616,387▲6.9% | 990 |
| 2014 | $46,534,498▲0.8% | $35,385,650▼3.4% | $152,614,902▲6.5% | $1,139,713,424▲3.7% | 990 |
| 2013 | $46,150,401 | $36,612,367▲4.8% | $143,280,614▲9.1% | $1,099,209,909▲3.6% | 990 |
| 2012 | — | $34,919,457▼3.8% | $131,381,230▲5.6% | $1,061,350,877▲3.7% | 990 |
| 2011 | — | $36,281,114▼18.8% | $124,389,313▲14.4% | $1,023,883,117▲3.6% | 990 |
| 2010 | — | $44,658,682 | $108,707,886 | $988,244,857 | 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: Sean Hardeman — $709,885 (0.85% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sean Hardeman | President/ceo | 40 | $709,885 |
| Susan Wight | S.v.p./cfo | 40 | $360,138 |
| Kevin Reed | S.v.p./information Systems | 40 | $331,066 |
| Jeffrey William Niedenthal | S.v.p./chief Experience & Engagement Officer | 40 | $301,674 |
| Heather Summers | S.v.p./marketing | 40 | $295,592 |
| Jill Marie Deniro | S.v.p./human Resources | 40 | $269,847 |
| Thomas E Orman | S.v.p./chief Lending Officer | 40 | $248,400 |
| Alfred Parent | V.p./collections | 40 | $227,236 |
| Christine Wu-lin Bass | S.v.p./member Services | 40 | $196,468 |
| Zung-shang Liang | V.p./internal Audit | 40 | $193,929 |
| Jeffrey Allen Napper | President/ceo | 0 | $165,021 |
| Courtney Higuchi | V.p./loan Administration | 40 | $161,022 |
| Alva Sargeant | V.p./residential Lending | 40 | $158,808 |
| Thomas Christopher Doublet | Information Systems Support Manager | 40 | $156,063 |
| Alan Ray | Supv Cmte Member | 1 | $1,857 |
| David Conrad | Supv Cmte Chair | 1 | — |
| Jay Camerino | Board Chair | 1 | — |
| John Fylpaa | Secretary/treasurer | 1 | — |
| Larry Natividad | Vice Chair | 1 | — |
| Luther Williams | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Prenovost Normandin Dawe & Rocha Apc | Legal Services | $877,003 |
| Paramount Recovery Service | Financial Services | $111,439 |
| Alacriti Payments LLC | Financial Services | $110,800 |
Grants made · $28K in FY2024
4 grants totaling $28K in FY2024. All grants made by Credit Unions In the State of California →
| Recipient | Purpose | Amount |
|---|---|---|
| Childrens Miracle Network | Provide financial support for medical care for children. | $9,500 |
| Long Beach City College Foundation | To raise funds to support the college's outstanding and evolving learning environment. | $6,547 |
| California State University Long Beach Research Foundation | To support the educational mission of csulb by engaging in research, community service and sponsored programs. | $6,350 |
| Abc Unified School District Education Foundation | To help provide high quality educational opportunities for children. | $5,600 |
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Frequently asked questions
- Is Credit Unions In the State of California a legitimate nonprofit?
- Yes. Credit Unions In the State of California is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 95-1644568, based in Westminster, California.
- What is Credit Unions In the State of California's EIN?
- Credit Unions In the State of California's Employer Identification Number (EIN) is 95-1644568.
- How much revenue does Credit Unions In the State of California report?
- Credit Unions In the State of California reported $91,952,473 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Credit Unions In the State of California have?
- CharityIndex grades Credit Unions In the State of California A, based on financial health (reserves and operating margin).
- How much does Credit Unions In the State of California's highest-paid employee make?
- The highest reported compensation on Credit Unions In the State of California's latest Form 990 is $709,885, paid to Sean Hardeman (President/ceo).
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Data for Credit Unions In the State of California (EIN 95-1644568) 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.