Educational Employees Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Educational Employees Credit Union is a 501(c)(14) organization based in Fresno, California, registered in 1961, with $239,311,810 in FY2024 revenue. CharityIndex grades it A.
2222 W Shaw Ave, Fresno, CA, 93711 EIN 94-1031345 Since 1961
Revenue (FY2024)
$239.3M
▲ 18.2% vs prior year
Expenses (FY2024)
$176.4M
Net assets
$520.2M
Employees
662
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 Educational Employees Credit Union— 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 rating35 mo reserves · +26% 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 Educational Employees Credit Union: 35 mo reserves · +26% 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 Educational Employees Credit Union: 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 Educational Employees Credit Union: 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
Achieved satisfactory results in providing members with mortgage loans, including first trust deeds, second trust deeds and home equity lines of credit.
Achieved satisfactory results in providing members with a broad array of deposit product offerings, including a high-yield checking account product and a premium-rate tiered savings product.
Contact & location
- Address
- 2222 W Shaw Ave, Fresno, CA, 93711
- City
- Fresno
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $93.8M (FY2013) to $239.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.2BNet assets $520.2M
Operating margin
26.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$4.2B
Net assets
$520.2M
Salaries & benefits
$53.3M
30% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $239,311,810▲18.2% | $176,440,535▲27.6% | $520,200,546▲20.2% | $4,711,208,087▲1.4% | 990 |
| 2023 | $202,431,940▲21.1% | $138,316,226▲13.3% | $432,942,278▲33.0% | $4,647,760,922▲1.2% | 990 |
| 2022 | $167,213,088▲19.4% | $122,071,053▲10.2% | $325,428,713▼31.9% | $4,593,284,886▼1.9% | 990 |
| 2021 | $140,033,802▲3.7% | $110,798,867▼1.0% | $477,731,167▼1.6% | $4,681,848,243▲14.7% | 990 |
| 2020 | $135,085,182▼6.1% | $111,950,138▲3.8% | $485,554,812▲11.7% | $4,082,351,869▲27.0% | 990 |
| 2019 | $143,847,329▲11.4% | $107,874,056▲12.0% | $434,669,314▲17.0% | $3,213,871,503▲6.3% | 990 |
| 2018 | $129,080,535▲11.7% | $96,292,375▲5.7% | $371,427,322▲7.3% | $3,024,628,749▲3.7% | 990 |
| 2017 | $115,524,796▲9.4% | $91,106,497▲8.9% | $346,098,604▲6.5% | $2,916,276,654▲6.1% | 990 |
| 2016 | $105,630,581▲7.3% | $83,682,994▲16.4% | $324,965,431▲6.2% | $2,748,522,101▲9.9% | 990 |
| 2015 | $98,470,889▲3.5% | $71,868,058▲10.6% | $306,035,170▲8.8% | $2,500,850,924▲9.4% | 990 |
| 2014 | $95,150,912▲1.4% | $64,971,438▲1.4% | $281,382,362▲27.6% | $2,285,438,102▲8.8% | 990 |
| 2013 | $93,825,840 | $64,061,424▼0.3% | $220,476,962▼5.5% | $2,100,151,953▲3.2% | 990 |
| 2012 | — | $64,266,284▼16.7% | $233,332,258▲14.3% | $2,034,650,857▲6.9% | 990 |
| 2011 | — | $77,145,269▼10.8% | $204,193,991▲18.9% | $1,902,934,649▲2.7% | 990 |
| 2010 | — | $86,480,775 | $171,737,801 | $1,852,384,835 | 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: Elizabeth Dooley — $1,130,767 (0.64% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Dooley | Ceo | 60 | $1,130,767 |
| Beverly Ryan | Cfo | 50 | $484,598 |
| Mark Perez | Clo | 50 | $469,895 |
| Dick Ashjian | Svp Risk Mgmt | 50 | $416,518 |
| Thomas Gray | Svp Hr & Facilities | 50 | $415,540 |
| Bradley Towers | Financial Rep | 50 | $379,244 |
| Eric Hovda | Svp It | 50 | $306,286 |
| Natalie Tomajan | Coo | 40 | $290,501 |
| Elena Martin | Controller | 50 | $286,199 |
| Walter Franzell | Chair | 4 | $3,631 |
| Derek Scharton | Board Member | 2 | $2,548 |
| Nikolaus Dejong | Supr Cmte Secretary | 2 | $2,221 |
| Rick Browning | Board Member (emeritus) | 2 | $1,657 |
| William Clark | Supr Cmte Chair | 2 | $1,580 |
| Mike Snell | Secretary | 2 | $1,409 |
| Ali Nekumanesh | Vice Chair | 4 | $1,284 |
| Brad Stevens | Board Member | 2 | $1,083 |
| Dave Roberts | Board Member | 2 | $667 |
| Laurie Madden | Supr Cmte Member | 2 | $431 |
| Philip Neufeld | Board Member | 2 | $339 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ncr Corporation | Online Banking Services | $4,693,478 |
| Diebold Inc | Atm Purchasing and Servicing | $3,899,634 |
| Looking Point Inc | It Services and Equipment | $2,958,725 |
| Jeffrey Scott Agency | Marketing | $2,015,402 |
| Lereta LLC | Consulting Service | $1,577,942 |
Grants made · $490K in FY2024
31 grants totaling $490K in FY2024 — showing the 15 largest. All grants made by Educational Employees Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| The Foundation At Fcoe | To support the students of fresno county with exemplary educational programs and services through a shared community responsibility. | $114,000 |
| Fresno Grizzlies | To provide 2024 sponsorship. | $35,000 |
| San Luis Obispo County Office of Education | Employee appreciation sponsorship 3 events and slo teacher of the year 2024 | $30,000 |
| State Center Community College Foundation | To help enhance the access to and quality of community education for the students and faculty of the state center community college district. | $24,500 |
| White Ash Broadcasting Inc | To help expand your word through voices and sounds that inform and inspire. | $24,000 |
| Big Fresno Fair | To help showcase agriculture, providing a link between urban and rural california. | $20,000 |
| Valley Childrens Hospital | To help generate funds to support the goals of valley children's healthcare and its affiliated entities. | $15,000 |
| College of the Sequoias Foundation | To assist in providing student scholarships. | $14,100 |
| Foundation For Central Schools | Central usd scholarship sponsorship | $12,500 |
| The Salvation Army | Backpack event sponsorship | $12,500 |
| United Way of Merced County Inc | Backpack sponsorship - esmeralda soria | $12,500 |
| Fresno Compact | 27th annual shareholders luncheon 4/25/24 | $10,000 |
| Paso Robles Joint Usd | Employee of the year retirement brunch sponsorship | $10,000 |
| Forward Fresno Foundation Inc | Yoville community garden project lf class 38 | $10,000 |
| San Luis Obispo County Sheriffs Advisory Foundation | To help in preparing all children and youth for responsible citizenship, meaningful work, and lifelong learning. | $10,000 |
Frequently asked questions
- Is Educational Employees Credit Union a legitimate nonprofit?
- Yes. Educational Employees Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 94-1031345, based in Fresno, California.
- What is Educational Employees Credit Union's EIN?
- Educational Employees Credit Union's Employer Identification Number (EIN) is 94-1031345.
- How much revenue does Educational Employees Credit Union report?
- Educational Employees Credit Union reported $239,311,810 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Educational Employees Credit Union have?
- CharityIndex grades Educational Employees Credit Union A, based on financial health (reserves and operating margin).
- How much does Educational Employees Credit Union's highest-paid employee make?
- The highest reported compensation on Educational Employees Credit Union's latest Form 990 is $1,130,767, paid to Elizabeth Dooley (Ceo).
More nonprofits in Fresno
Explore more
Data for Educational Employees Credit Union (EIN 94-1031345) 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.