Premier America Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Premier America Credit Union is a 501(c)(14) organization based in Chatsworth, California, registered in 1961, with $172,505,825 in FY2024 revenue. CharityIndex grades it A.
19867 Prairie St, Chatsworth, CA, 91311 EIN 95-3442691 Since 1961
Revenue (FY2024)
$172.5M
▲ 8.8% vs prior year
Expenses (FY2024)
$181.5M
Net assets
$306.9M
Employees
530
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 Premier America 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 →
B+Financial health25% of the rating20 mo reserves · -5% 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 Premier America Credit Union: 20 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Premier America Credit Union: 5 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 Premier America Credit Union: 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 amongst its members.
What they do
Premier america credit union continued to meet the mortgage needs of first-time home buyers. during the year, the organization granted 362 real estate loans.
Premier america credit union's core values and purpose drive our commitment to serving members and local communities. in 2024 our dedication to giving back was of paramount importance as premier america credit union donated $381,983 to local charities and community organizations and team members invested over 600 hours of service to nonprofit organizations. premier america credit union is focused on providing safe, responsible and affordable financial services to help members reach their dreams.
Contact & location
- Address
- 19867 Prairie St, Chatsworth, CA, 91311
- City
- Chatsworth
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $54.3M (FY2013) to $172.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.1BNet assets $306.9M
Operating margin
-5.2%
Spent more than it raised in the latest fiscal year.
Total assets
$3.4B
Total liabilities
$3.1B
Net assets
$306.9M
Salaries & benefits
$50.8M
28% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $172,505,825▲8.8% | $181,541,379▲20.5% | $306,912,516▼1.0% | $3,396,098,525▼2.2% | 990 |
| 2023 | $158,602,721▲24.8% | $150,631,543▲37.2% | $309,971,928▲4.8% | $3,473,374,773▼7.9% | 990 |
| 2022 | $127,070,331▲18.2% | $109,818,679▲20.0% | $295,822,400▼5.4% | $3,773,072,753▲10.8% | 990 |
| 2021 | $107,505,968▼3.2% | $91,505,540▼12.5% | $312,867,160▲2.4% | $3,406,612,540▲6.1% | 990 |
| 2020 | $111,058,082▼4.8% | $104,615,610▲7.6% | $305,676,339▲2.8% | $3,211,246,372▲13.4% | 990 |
| 2019 | $116,675,456▲15.0% | $97,229,006▲24.9% | $297,294,096▲7.1% | $2,832,715,240▲6.0% | 990 |
| 2018 | $101,444,902▲16.7% | $77,869,057▲18.9% | $277,523,418▲9.4% | $2,673,451,881▲8.4% | 990 |
| 2017 | $86,901,807▲4.6% | $65,497,955▲6.8% | $253,606,291▲9.0% | $2,467,069,812▲7.8% | 990 |
| 2016 | $83,114,661▲13.3% | $61,337,530▲4.8% | $232,578,231▲10.4% | $2,289,454,177▲6.6% | 990 |
| 2015 | $73,378,182▲14.5% | $58,505,135▲33.6% | $210,752,105▲25.5% | $2,147,511,074▲25.0% | 990 |
| 2014 | $64,065,817▲17.9% | $43,804,468▲7.4% | $167,976,386▲17.6% | $1,718,277,920▲13.1% | 990 |
| 2013 | $54,323,593 | $40,775,049▼18.8% | $142,876,844▲10.4% | $1,519,729,084▲3.5% | 990 |
| 2012 | — | $50,230,837▲1.6% | $129,359,027▲8.6% | $1,468,527,192▲11.7% | 990 |
| 2011 | — | $49,450,432▼20.7% | $119,153,940▲5.9% | $1,314,991,753▲1.1% | 990 |
| 2010 | — | $62,376,498▼24.7% | $112,470,217▲1.2% | $1,300,705,890▼10.5% | 990 |
| 2008 | — | $82,853,415 | $111,180,742 | $1,454,057,321 | 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: Rodolfo Pereira — $6,121,092 (3.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rodolfo Pereira | President & Ceo | 40 | $6,121,092 |
| Ie-chen Cheng | Chief Financial Officer | 40 | $581,286 |
| Kelly Karren | Financial Advisor | 40 | $511,165 |
| Ernesto Norona | Chief Operations Officer | 40 | $496,462 |
| Toni Daniels | Chief Risk & Compliance Officer | 40 | $461,750 |
| Marcia Girardi | Chief Experience Officer | 40 | $459,511 |
| David Fitzgerald | Chief Lending Officer | 40 | $432,007 |
| Shelley Tam | Chief People Officer | 40 | $385,552 |
| Anthony Velarde | Financial Advisor | 40 | $346,546 |
| Ye Su | Vp, Wealth Management | 40 | $335,384 |
| Jason Wolkove | Chief Technology Officer | 40 | $310,860 |
| Tamara Scott | Vp, Retail Deliver | 40 | $275,901 |
| Charles Kim | Vp, Commercial Lending | 40 | $271,452 |
| Gary Holmen | Director | 2 | $7,527 |
| Bill Hampel | Secretary/treasurer | 3 | $5,367 |
| Eva Gomez | Vice Chair | 3 | $3,853 |
| Larry Martin | Director | 2 | $3,504 |
| Larry Colson | Director | 2 | $1,478 |
| William Cole | Director | 2 | $1,055 |
| Eric Goldner | Director | 2 | $817 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Q2 Software Inc | Online Banking | $2,045,644 |
| Jack Henry and Associates | Data Processing | $1,294,343 |
| Salesforcecom | Crm | $1,111,525 |
| Virtual Marketing LLC | Advertising/marketing | $1,006,236 |
| Cook Security Group Inc | Advertising/marketing | $769,053 |
Grants made · $325K in FY2024
13 grants totaling $325K in FY2024. All grants made by Premier America Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Premier America Foundation | Program support | $150,000 |
| California State University Channel Islands Foundation | Program support | $36,000 |
| National Credit Union Foundation Inc | Program support | $30,000 |
| California State University Channel Islands Foundation | Philanthropist sponsorship | $20,000 |
| Childrens Miracle Network | Program support | $15,000 |
| Ventura County Community Development Corporation | Program support | $15,000 |
| Greater Conejo Valley Community Foundation | Program support | $10,000 |
| Boys & Girls Clubs of Greater Oxnard & Port Hueneme | Program support | $10,000 |
| Thousand Oaks Alliance For the Arts | Program support | $10,000 |
| Northridge Hospital Foundation | Program support | $8,500 |
| Boy Scouts of America | Program support | $8,000 |
| City of Port Hueneme | Program support | $6,650 |
| Somos Familia Valle | Program support | $6,000 |
Frequently asked questions
- Is Premier America Credit Union a legitimate nonprofit?
- Yes. Premier America Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 95-3442691, based in Chatsworth, California.
- What is Premier America Credit Union's EIN?
- Premier America Credit Union's Employer Identification Number (EIN) is 95-3442691.
- How much revenue does Premier America Credit Union report?
- Premier America Credit Union reported $172,505,825 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Premier America Credit Union have?
- CharityIndex grades Premier America Credit Union A, based on financial health (reserves and operating margin).
- How much does Premier America Credit Union's highest-paid employee make?
- The highest reported compensation on Premier America Credit Union's latest Form 990 is $6,121,092, paid to Rodolfo Pereira (President & Ceo).
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Data for Premier America Credit Union (EIN 95-3442691) 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.