CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 95-1288265)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202533149349303888
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T13:26:00-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952302617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD SUITE 1100 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951288265 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CENTRAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WESC | BusinessNameControlTxt |
| Phone | 8884937266 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CINDY LAW | PersonNm |
| Person Title | VP/CONTROLLER | PersonTitleTxt |
| Phone | 8884937266 | PhoneNum |
| Signature | 2025-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NANAZ BENYAMINI | PreparerPersonNm |
| PTIN | P00666808 | PTIN |
| Phone | 3104773924 | PhoneNum |
| Preparation | 2025-10-26 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CINDY LAW | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $789,489,630 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WESCOM.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CREDIT UNION | OtherOrganizationDsc |
| Formation | 1934 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 1094 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $7,110,642 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $227,021,524 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $254,320,543 | CYProgramServiceRevenueAmt |
| PY Investment Income | $96,513,536 | PYInvestmentIncomeAmt |
| CY Investment Income | $109,798,699 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $323,535,060 | PYTotalRevenueAmt |
| CY Total Revenue | $364,119,242 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $677,922 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,046,675 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $103,960,953 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $116,117,562 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $195,026,211 | PYOtherExpensesAmt |
| CY Other Expenses | $233,374,321 | CYOtherExpensesAmt |
| PY Total Expenses | $299,665,086 | PYTotalExpensesAmt |
| CY Total Expenses | $350,538,558 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,869,974 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,580,684 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,820,504,418 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,275,057,953 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,569,859,052 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,995,147,899 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $250,645,366 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $279,910,054 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE GENERAL MISSION OF THE CREDIT UNION IS TO PROMOTE THRIFT, HONESTY, INTEGRITY AND A SPIRIT OF SERVICE AMONG ITS MEMBERS. IN ADDITION, THE ORGANIZATION MAKES LOANS TO ITS MEMBERS AT REASONABLE RATES, INVESTS EXCESS LIQUIDITY PRUDENTLY AND WITHIN LIMITS AS PERMITTED BY CALIFORNIA LAW, AND ENGAGES IN ANY OTHER LAWFUL ACTIVITY NOT PROHIBITED BY APPLICABLE LAWS AND REGULATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE CREDIT UNION HAD $6.28 BILLION IN ASSETS, $3.35 BILLION IN LOANS AND $4.50 BILLION IN MEMBER DEPOSITS AS OF DECEMBER 31, 2024. THE CREDIT UNION POSTED NET EARNINGS OF $18 MILLION IN 2024. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE CREDIT UNION'S 2024 INITIATIVES INCLUDED MEMBERSHIP GROWTH, ENHANCING PRODUCTS AND SERVICES, MORE GROWTH WITH MERGER AND PARTNERSHIPS, INCREASED SERVICE IN OUR COMMUNITIES, DEVELOPMENTS IN DELIVERY CHANNELS, AND LOAN GROWTH. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE CREDIT UNION THROUGH ITS EMPLOYEES, MEMBERS, AND WESCOM FOUNDATION SUPPORTED COMMUNITY OUTREACH THROUGHOUT 2024. $1,000,000+ GRANTED TO SUPPORT NON-PROFIT PARTNERS AND NON-PROFIT ORGANIZATION , AND $25,000 DONATED TO NATIONAL MULTIPLE SCLEROSIS SOCIETY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE CREDIT UNION ACQUIRED CENTRAL COAST CREDIT UNION ON APRIL 1, 2024. THE ACQUISITION WAS UNDERTAKEN TO INCREASE EFFICIENCIES TO IMPROVE OVERALL SERVICE TO THE CONSOLIDATED MEMBER BASE. NO CONSIDERATION WAS PAID FOR THE ACQUISITION, YET THE FAIR VALUE OF THE ACQUIRED EQUITY BELOW IS REFLECTIVE OF A HYPOTHETICAL TRANSACTION PRICE. THE CREDIT UNION ASSUMED ALL ASSETS AND LIABILITIES OF THE ACQUIRED INSTITUTION AND ACCOUNTED FOR THE TRANSACTIONS AT FAIR VALUE PURSUANT TO ACQUISITION ACCOUNTING GUIDANCE. THE FAIR VALUE OF THE ACQUIRED ENTITY TOTALED $2,019,038. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 98040 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1094 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY LAW VPCONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8884937266 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 S MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| POURIA ABBASI | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $1,214 | $0 | $0 | |||
| HANI BHIMIJI | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | $11,040 | $0 | $0 | Yes (X) | ||
| RON FISCHER | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $13,796 | $0 | $0 | |||
| GINA FRIEDRICH | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $15,957 | $0 | $0 | |||
| JESSICA GUTIERREZ | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $2,914 | $0 | $0 | |||
| NORMA GARCIA GUILLEN | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $2,218 | $0 | $0 | |||
| DANIEL KRAUS | ||||||||
| SECRETARY | 2.00 | Yes (X) | $18,552 | $0 | $0 | Yes (X) | ||
| JEFF LUONG | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $4,676 | $0 | $0 | |||
| DAVID PEREZ | ||||||||
| TREASURER | 2.00 | Yes (X) | $8,763 | $0 | $0 | Yes (X) | ||
| NOEL ROSS | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | $12,175 | $0 | $0 | Yes (X) | ||
| BRAD SELBY | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $7,285 | $0 | $0 | |||
| WILLIAMS DARREN | ||||||||
| PRESIDENT/CEO | 40.00 | $1,426,925 | $0 | $1,330,561 | Yes (X) | |||
| PIPES KEITH | ||||||||
| EXECUTIVE VP AND COO | 40.00 | $694,360 | $0 | $73,588 | Yes (X) | |||
| YU IRVING | ||||||||
| SENIOR VP FINANCE/CFO | 40.00 | $510,909 | $0 | $137,418 | Yes (X) | |||
| PELLISSERY JOSEPH | ||||||||
| SENIOR VP TECHNOLOGY/CIO | 40.00 | $532,718 | $0 | $145,216 | Yes (X) | |||
| PEDERSON MELISSA | ||||||||
| SENIOR VP ADMINISTRATION | 40.00 | $498,304 | $0 | $102,002 | Yes (X) | |||
| FORRESTER HASHIM | ||||||||
| SENIOR VP REMOTE SERVICE DELIVERY | 40.00 | $476,737 | $0 | $124,385 | Yes (X) | |||
| HOLLIS CARINA | ||||||||
| SENIOR VP & GENERAL COUNSEL | 40.00 | $470,557 | $0 | $81,161 | Yes (X) | |||
| THOMAS CHARLES UNTIL 12024 | ||||||||
| SENIOR VP CHIEF LENDING OFFICER | 40.00 | $464,656 | $0 | $26,493 | Yes (X) | |||
| ALLEN JONATHON | ||||||||
| SENIOR VP FINANCIAL SERVICE | 40.00 | $449,694 | $0 | $129,182 | Yes (X) | |||
| WELCH ADRIANA | ||||||||
| SENIOR VP BRANCH OPERATION | 40.00 | $420,087 | $0 | $105,813 | Yes (X) | |||
| WINKLER STEPHANIE | ||||||||
| VP HUMAN CAPITAL & DEVELOPMENT | 40.00 | $356,027 | $0 | $40,088 | Yes (X) | |||
| WHITE ASHLEY | ||||||||
| SENIOR VP CHIEF MARKETING OFFICER | 40.00 | $349,810 | $0 | $82,861 | Yes (X) | |||
| LAW CINDY CHING-CHING | ||||||||
| VP FINANCE | 40.00 | $337,453 | $0 | $73,138 | Yes (X) | |||
| REDDI DESIGAN | ||||||||
| VP IT OPERATIONS AND ARCHITECTURE | 40.00 | $332,318 | $0 | $67,503 | Yes (X) | |||
| BAUMAN JONATHON | ||||||||
| VP LOAN SERVICING AND DEFAULT MGMT | 40.00 | $329,555 | $0 | $51,593 | Yes (X) | |||
| PACHECO MAGGIE | ||||||||
| VP MORTGAGE LENDING | 40.00 | $320,690 | $0 | $55,713 | Yes (X) | |||
| THOMPSON LISA | ||||||||
| VP ENTERPRISE RISK | 40.00 | $319,757 | $0 | $40,257 | Yes (X) | |||
| LOPEZ VICTOR | ||||||||
| VP BRANCH OPERATIONS | 40.00 | $318,138 | $0 | $33,644 | Yes (X) | |||
| HOSHIDE DARREN | ||||||||
| VP BRANCH OPERATIONS | 40.00 | $304,322 | $0 | $32,085 | Yes (X) | |||
| KOKONYAN GARY | ||||||||
| VP BUSINESS ANALYTICS | 40.00 | $302,411 | $0 | $73,738 | Yes (X) | |||
| SMRCKA JEFF | ||||||||
| VP CONSUMER LENDING | 40.00 | $299,838 | $0 | $73,538 | Yes (X) | |||
| DY-RAGOS MARK | ||||||||
| VP INFORMATION SECURITY | 40.00 | $293,844 | $0 | $73,738 | Yes (X) | |||
| SEDLAK BRIAN | ||||||||
| VP INFORMATION TECHNOLOGY | 40.00 | $292,340 | $0 | $39,898 | Yes (X) | |||
| CERWINSKI DAVID | ||||||||
| VP CORPORATE DEVELOPMENT | 40.00 | $290,670 | $0 | $51,157 | Yes (X) | |||
| THIEU TRUONG | ||||||||
| FINANCIAL ADVISOR | 40.00 | $434,717 | $0 | $33,712 | Yes (X) | |||
| RUBIA PHILIP | ||||||||
| FINANCIAL ADVISOR | 40.00 | $295,698 | $0 | $32,433 | Yes (X) | |||
| GERSTENACKER KARL | ||||||||
| FINANCIAL ADVISOR | 40.00 | $260,078 | $0 | $38,334 | Yes (X) | |||
| FRENCH BARRIE | ||||||||
| DIRECTOR INVESTMENTS | 40.00 | $237,046 | $0 | $51,870 | Yes (X) | |||
| YEE NORMAN | ||||||||
| FINANCIAL ADVISOR | 40.00 | $235,697 | $0 | $46,650 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $11,953,946 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $3,247,769 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 112 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GRAIL BRAND DESIGN LLC | |||||
| 12 CORPORATE PLAZA DRIVE SUITE 200 | NEWPORT BEACH | CA | 92660 | ADVERTISING | $2,974,838 |
| ROPES & GRAY LLP | |||||
| PO BOX 70280 MAIL CODE 11104 | PHILADELPHIA | PA | 19176 | LEGAL SERVICES | $871,995 |
| ACCENTURE | |||||
| 500 W MADISON ST 20TH FL | CHICAGO | IL | 60661 | SOFTWARE SERVICES | $572,949 |
| ORRAVAN MECHANICAL INC | |||||
| 6134 FACULTY AVENUE | LAKEWOOD | CA | 90712 | REPAIRS & MAINTENANCE | $486,730 |
| DISMAN ARCHITECTURE | |||||
| 240 HILL PLACE | COSTA MESA | CA | 92627 | BRANCH DESIGN | $347,261 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST INCOME | 522100 | $183,763,029 | $183,702,983 | $60,046 |
| FEE INCOME | 522100 | $42,140,943 | $41,731,322 | $409,621 |
| OTHER OPERATING INCOME | 522100 | $28,416,571 | $21,775,596 | $6,640,975 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $254,320,543 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $108,702,630 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,702,630 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $426,439,012 | SecuritiesAmt |
| Other | $27,445 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $425,317,493 | SecuritiesAmt |
| Other | $52,895 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,121,519 | SecuritiesAmt |
| Other | -$25,450 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,096,069 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,096,069 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $364,119,242 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $357,008,600 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,110,642 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031,675 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,535,481 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,333,205 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,519,636 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,464,460 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,264,780 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $708,494 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $327,561 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,000 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,420,910 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,745,066 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,794,941 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,030,757 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,834,091 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,084,110 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,722,324 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,963,177 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $719,791 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN SERVICING | $21,317,835 |
| OPERATING EXPENSES | $6,277,971 |
| PROVISION CREDITS | $5,700,000 |
| CCFU FINANCIALS SERVICE | $1,936,127 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,785,166 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,538,558 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,315,288 | BOYAmt |
| EOY | $33,104,539 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,272,150 | BOYAmt |
| EOY | $208,679,244 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,906,696 | BOYAmt |
| EOY | $9,650,332 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,208,429 | BOYAmt |
| EOY | $10,527,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $221,044,434 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $138,488,049 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,559,583 | BOYAmt |
| EOY | $82,556,385 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,031,886,267 | BOYAmt |
| EOY | $2,226,153,929 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,201,479,549 | BOYAmt |
| EOY | $3,374,980,067 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,100,139 | BOYAmt |
| EOY | $14,719,505 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,776,317 | BOYAmt |
| EOY | $314,686,474 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,820,504,418 | BOYAmt |
| EOY | $6,275,057,953 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,828,298 | BOYAmt |
| EOY | $81,520,662 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,476,030,754 | BOYAmt |
| EOY | $5,913,627,237 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,569,859,052 | BOYAmt |
| EOY | $5,995,147,899 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,645,366 | BOYAmt |
| EOY | $279,910,054 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,645,366 | BOYAmt |
| EOY | $279,910,054 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,820,504,418 | BOYAmt |
| EOY | $6,275,057,953 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,580,684 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,186,451 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,497,552 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $6,000 | PoliticalExpendituresAmt |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA CREDIT UNION LEAGUE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 K STREET SUITE 1050 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942329967 | EIN |
| Paid Internal Funds | $6,000 | PaidInternalFundsAmt |
| Contributions Rcvd Dlvr | $0 | ContributionsRcvdDlvrAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,000,000 | OtherCostOrOtherBasisAmt |
| Book Value | $6,000,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,910,345 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,556,686 | DepreciationAmt |
| Book Value | $24,353,659 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,413,145 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,542,960 | DepreciationAmt |
| Book Value | $12,870,185 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $133,817,559 | OtherCostOrOtherBasisAmt |
| Depreciation | $98,388,403 | DepreciationAmt |
| Book Value | $35,429,156 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,903,385 | OtherCostOrOtherBasisAmt |
| Book Value | $3,903,385 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $82,556,385 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LOANS AND INVESTMENTS IN NATURAL PERSON CUS | $3,289,793 | C |
| ALL OTHER INVESTMENTS | $35,506,300 | F |
| LOANS AND LEASES | $3,294,925,274 | F |
| NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT | $41,258,700 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $3,374,980,067 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS | Desc |
| Book Value | $314,686,474 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $314,686,474 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER NOTES AND INTEREST PAYABLE | $1,409,297,387 |
| SHARES AND DEPOSITS | $4,495,153,880 |
| DEFERRED REVENUE | $9,175,970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,913,627,237 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE CREDIT UNION'S WHOLLY OWNED SUBSIDIARIES, WESCOM FINANCIAL SERVICES, LLC AND WESCOM RESOURCES GROUP, LLC ARE SUBJECT TO STATE AND FEDERAL INCOME TAX. OPERATIONS OF THE WHOLLY OWNED SUBSIDIARIES RESULTED IN AN INSIGNIFICANT AMOUNT OF INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE SUBSIDIARIES ARE SUBJECT TO U.S. FEDERAL INCOME TAX AS WELL AS INCOME TAX OF THE STATE OF CALIFORNIA. THE SUBSIDIARIES ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. THE SUBSIDIARIES RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN OTHER EXPENSE. THERE WERE NO INTEREST OR PENALTIES RECORDED IN 2024 OR 2023. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| NEW ZEALAND | 0 | 0 | ATHLETIC GRANT | $7,500 |
| FINLAND | 0 | 0 | ATHLETIC GRANT | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $15,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $15,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|---|
| GRANT TO COLLEGIATE ATHLETICS | EAST ASIA AND THE PACIFIC | 1 | $7,500 | ACH DIRECT DEPOSIT | $0 |
| GRANT TO COLLEGIATE ATHLETICS | EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | $7,500 | ACH DIRECT DEPOSIT | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THESE GRANTS ARE TAXABLE TO THE RECIPIENTS, AND FOREIGN WITHHOLDING FORMS HAVE BEEN FILED ACCORDINGLY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| WESCOM FOUNDATION | ||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 311709115 | 501(C)(3) | $841,404 | $0 | TO PROVIDE FINANCIAL SUPPORT TO SPONSOR COMMUNITY SERVICE OPPORTUNITIES. |
| CHILDREN'S MIRACLE NETWORK | ||||||||
| 1051-A DETROIT AVENUE | CONCORD | CA | 94518 | 870387205 | 501(C)(3) | $109,759 | $0 | TO INCREASE FUNDS AND AWARENESS FOR CHILDREN'S HOSPITAL LOS ANGELES. |
| UCLA WBB | ||||||||
| 10920 WILSHIRE BLVD | LOS ANGELES | CA | 90024 | 956006143 | 501(C)(3) | $30,312 | $0 | GENERAL SUPPORT |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||
| 733 THIRD AVE | NEW YORK | NY | 10017 | 135661935 | 501(C)(3) | $25,000 | $0 | GENERAL SUPPORT |
| FRIENDS IN DEED | ||||||||
| 444 EAST WASHINGTON BLVD | PASADENA | CA | 91104 | 951644608 | 501(C)(3) | $15,000 | $0 | FINANCIAL ASSISTANCE IN ORDER TO PROVIDE SUPPORTIVE SERVICES TO MEET BASIC HUMAN NEEDS. |
| VALLEY ISLE CHAPTER | ||||||||
| 160 PAAHANA STREET | KAHULUI | HI | 96732 | 990210187 | N/A | $5,000 | $0 | GENERAL SUPPORT |
| PASADENA EDUCATIONAL FOUNDATION | ||||||||
| 351 S HUDSON AVE ROOM 153 | PASADENA | CA | 91101 | 237149451 | 501(C)(3) | $5,000 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (29 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAMS DARREN | ||||||||||||||
| PRESIDENT/CEO | $1,027,011 | $0 | $372,357 | $0 | $27,557 | $0 | $1,295,807 | $0 | $34,754 | $0 | $2,757,486 | $0 | $0 | $0 |
| PIPES KEITH | ||||||||||||||
| EXECUTIVE VP AND COO | $501,642 | $0 | $157,614 | $0 | $35,104 | $0 | $23,000 | $0 | $50,588 | $0 | $767,948 | $0 | $0 | $0 |
| PELLISSERY JOSEPH | ||||||||||||||
| SENIOR VP TECHNOLOGY/CIO | $426,169 | $0 | $95,496 | $0 | $11,053 | $0 | $97,678 | $0 | $47,538 | $0 | $677,934 | $0 | $0 | $0 |
| YU IRVING | ||||||||||||||
| SENIOR VP FINANCE/CFO | $394,057 | $0 | $96,463 | $0 | $20,389 | $0 | $86,830 | $0 | $50,588 | $0 | $648,327 | $0 | $0 | $0 |
| FORRESTER HASHIM | ||||||||||||||
| SENIOR VP REMOTE SERVICE DELIVERY | $377,405 | $0 | $82,191 | $0 | $17,141 | $0 | $92,231 | $0 | $32,154 | $0 | $601,122 | $0 | $0 | $0 |
| PEDERSON MELISSA | ||||||||||||||
| SENIOR VP ADMINISTRATION | $388,650 | $0 | $82,553 | $0 | $27,101 | $0 | $83,914 | $0 | $18,088 | $0 | $600,306 | $0 | $0 | $0 |
| ALLEN JONATHON | ||||||||||||||
| SENIOR VP FINANCIAL SERVICE | $358,120 | $0 | $76,484 | $0 | $15,090 | $0 | $96,469 | $0 | $32,713 | $0 | $578,876 | $0 | $0 | $0 |
| HOLLIS CARINA | ||||||||||||||
| SENIOR VP & GENERAL COUNSEL | $381,994 | $0 | $72,180 | $0 | $16,383 | $0 | $79,863 | $0 | $1,298 | $0 | $551,718 | $0 | $0 | $0 |
| WELCH ADRIANA | ||||||||||||||
| SENIOR VP BRANCH OPERATION | $344,033 | $0 | $71,162 | $0 | $4,892 | $0 | $95,500 | $0 | $10,313 | $0 | $525,900 | $0 | $0 | $0 |
| THOMAS CHARLES UNTIL 12024 | ||||||||||||||
| SENIOR VP CHIEF LENDING OFFICER | $354,222 | $0 | $74,932 | $0 | $35,502 | $0 | $23,000 | $0 | $3,493 | $0 | $491,149 | $0 | $0 | $0 |
| THIEU TRUONG | ||||||||||||||
| FINANCIAL ADVISOR | $8,755 | $0 | $425,695 | $0 | $267 | $0 | $23,000 | $0 | $10,712 | $0 | $468,429 | $0 | $0 | $0 |
| WHITE ASHLEY | ||||||||||||||
| SENIOR VP CHIEF MARKETING OFFICER | $299,915 | $0 | $41,209 | $0 | $8,686 | $0 | $65,773 | $0 | $17,088 | $0 | $432,671 | $0 | $0 | $0 |
| LAW CINDY CHING-CHING | ||||||||||||||
| VP FINANCE | $281,924 | $0 | $46,502 | $0 | $9,027 | $0 | $23,000 | $0 | $50,138 | $0 | $410,591 | $0 | $0 | $0 |
| REDDI DESIGAN | ||||||||||||||
| VP IT OPERATIONS AND ARCHITECTURE | $286,509 | $0 | $44,237 | $0 | $1,572 | $0 | $16,915 | $0 | $50,588 | $0 | $399,821 | $0 | $0 | $0 |
| WINKLER STEPHANIE | ||||||||||||||
| VP HUMAN CAPITAL & DEVELOPMENT | $296,692 | $0 | $47,166 | $0 | $12,169 | $0 | $23,000 | $0 | $17,088 | $0 | $396,115 | $0 | $0 | $0 |
| BAUMAN JONATHON | ||||||||||||||
| VP LOAN SERVICING AND DEFAULT MGMT | $276,434 | $0 | $44,097 | $0 | $9,024 | $0 | $23,000 | $0 | $28,593 | $0 | $381,148 | $0 | $0 | $0 |
| PACHECO MAGGIE | ||||||||||||||
| VP MORTGAGE LENDING | $274,700 | $0 | $43,320 | $0 | $2,670 | $0 | $23,000 | $0 | $32,713 | $0 | $376,403 | $0 | $0 | $0 |
| KOKONYAN GARY | ||||||||||||||
| VP BUSINESS ANALYTICS | $257,747 | $0 | $42,050 | $0 | $2,614 | $0 | $23,000 | $0 | $50,738 | $0 | $376,149 | $0 | $0 | $0 |
| SMRCKA JEFF | ||||||||||||||
| VP CONSUMER LENDING | $256,470 | $0 | $41,938 | $0 | $1,430 | $0 | $23,000 | $0 | $50,538 | $0 | $373,376 | $0 | $0 | $0 |
| DY-RAGOS MARK | ||||||||||||||
| VP INFORMATION SECURITY | $246,414 | $0 | $40,488 | $0 | $6,942 | $0 | $23,000 | $0 | $50,738 | $0 | $367,582 | $0 | $0 | $0 |
| THOMPSON LISA | ||||||||||||||
| VP ENTERPRISE RISK | $272,708 | $0 | $42,637 | $0 | $4,412 | $0 | $23,000 | $0 | $17,257 | $0 | $360,014 | $0 | $0 | $0 |
| LOPEZ VICTOR | ||||||||||||||
| VP BRANCH OPERATIONS | $257,008 | $0 | $38,267 | $0 | $22,863 | $0 | $23,000 | $0 | $10,644 | $0 | $351,782 | $0 | $0 | $0 |
| CERWINSKI DAVID | ||||||||||||||
| VP CORPORATE DEVELOPMENT | $243,212 | $0 | $40,175 | $0 | $7,283 | $0 | $23,000 | $0 | $28,157 | $0 | $341,827 | $0 | $0 | $0 |
| HOSHIDE DARREN | ||||||||||||||
| VP BRANCH OPERATIONS | $248,300 | $0 | $37,193 | $0 | $18,829 | $0 | $1,592 | $0 | $30,493 | $0 | $336,407 | $0 | $0 | $0 |
| SEDLAK BRIAN | ||||||||||||||
| VP INFORMATION TECHNOLOGY | $246,111 | $0 | $37,909 | $0 | $8,320 | $0 | $22,810 | $0 | $17,088 | $0 | $332,238 | $0 | $0 | $0 |
| RUBIA PHILIP | ||||||||||||||
| FINANCIAL ADVISOR | $247 | $0 | $295,184 | $0 | $267 | $0 | $23,000 | $0 | $9,433 | $0 | $328,131 | $0 | $0 | $0 |
| GERSTENACKER KARL | ||||||||||||||
| FINANCIAL ADVISOR | $0 | $0 | $259,678 | $0 | $400 | $0 | $20,962 | $0 | $17,372 | $0 | $298,412 | $0 | $0 | $0 |
| FRENCH BARRIE | ||||||||||||||
| DIRECTOR INVESTMENTS | $213,673 | $0 | $17,888 | $0 | $5,485 | $0 | $19,256 | $0 | $32,614 | $0 | $288,916 | $0 | $0 | $0 |
| YEE NORMAN | ||||||||||||||
| FINANCIAL ADVISOR | $0 | $0 | $234,536 | $0 | $1,161 | $0 | $19,154 | $0 | $27,496 | $0 | $282,347 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS: THE PRESIDENT IS AUTHORIZED TO INCUR FIRST CLASS TRAVEL EXPENSES ON BEHALF OF HIS/HER SPOUSE PROVIDED THAT THE PRESIDENT SHALL BE RESPONSIBLE FOR ALL TAXES FOR ANY SUCH EXPENSES, AND THE TRAVEL IS RELATED TO THE CREDIT UNION AND IN THE BEST INTEREST OF THE CREDIT UNION. |
| PART I, LINES 4A-B | PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEVERANCE PACKAGE PAID TO EMPLOYEES ARE NOT OPEN FOR PUBLIC INSPECTION. THE CREDIT UNION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN. FOR TAX YEAR 2024, THE FOLLOWING INDIVIDUALS HAVE EARNED BUT UNPAID INCENTIVE COMPENSATION DEFERRED UNDER A DEFERRED COMPENSATION PLAN. THE APPLICABLE AMOUNTS BELOW ARE INCLUDED AS PART OF THEIR "RETIREMENT AND OTHER DEFERRED COMPENSATION" FIGURES ON PART II COLUMN C: - DARREN WILLIAMS $1,249,807 - KEITH PIPES $0 - IRVING YU $63,830 - JONATHON ALLEN $73,469 - MELISSA PEDERSON $60,914 - JOSEPH PELLISSERY $74,678 - ADRIANA WELCH $72,500 - HASHIM FORRESTER $69,231 - CARINA HOLLIS $56,863 - ASHLEY WHITE $42,773 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (50 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| ADRIANA WELCH | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $799,200 | $534,561 | 0 | Yes (1) | Yes (1) |
| ADRIANA WELCH | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $4,000 | $100 | 0 | Yes (1) | Yes (1) |
| ADRIANA WELCH | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $50,000 | $49,324 | 0 | Yes (1) | Yes (1) |
| CARINA HOLLIS | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $393,750 | $294,523 | 0 | Yes (1) | Yes (1) |
| CINDY CHING-CHING LAW | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $36,578 | $22,877 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $390,000 | $254,167 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $27,855 | $26,202 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $60,000 | $2,341 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $620,000 | $197,840 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | 1ST MORTGAGE | Yes (X) | $800,000 | $721,399 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | HELOC | Yes (X) | $250,000 | $157,000 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $35,000 | $8,220 | 0 | Yes (1) | Yes (1) |
| JONATHON ALLEN | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $65,000 | $52,388 | 0 | Yes (1) | Yes (1) |
| JONATHON ALLEN | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $60,000 | $24,559 | 0 | Yes (1) | Yes (1) |
| JONATHON ALLEN | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $1,000,000 | $750,000 | 0 | Yes (1) | Yes (1) |
| JONATHON BAUMAN | |||||||
| KEY EMPLOYEE | PERSONAL LOC | Yes (X) | $18,000 | $3,727 | 0 | Yes (1) | Yes (1) |
| JONATHON BAUMAN | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $438,500 | $33,495 | 0 | Yes (1) | Yes (1) |
| KEITH PIPES | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $24,500 | $527 | 0 | Yes (1) | Yes (1) |
| MAGGIE PACHECO | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $425,000 | $414,200 | 0 | Yes (1) | Yes (1) |
| MAGGIE PACHECO | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $776,000 | $65,600 | 0 | Yes (1) | Yes (1) |
| MARK DY-RAGOS | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $680,000 | $586,832 | 0 | Yes (1) | Yes (1) |
| MELISSA PEDERSON-DULAY | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $26,500 | $3,438 | 0 | Yes (1) | Yes (1) |
| MELISSA PEDERSON-DULAY | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $70,470 | $20,831 | 0 | Yes (1) | Yes (1) |
| MELISSA PEDERSON-DULAY | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $636,000 | $486,351 | 0 | Yes (1) | Yes (1) |
| MELISSA PEDERSON-DULAY | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $350,000 | $347,174 | 0 | Yes (1) | Yes (1) |
| RUSSELL DOUGLAS | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $438,000 | $333,720 | 0 | Yes (1) | Yes (1) |
| VICTOR LOPEZ | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $362,000 | $212,960 | 0 | Yes (1) | Yes (1) |
| VICTOR LOPEZ | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $41,016 | $31,000 | 0 | Yes (1) | Yes (1) |
| VICTOR LOPEZ | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $30,000 | $975 | 0 | Yes (1) | Yes (1) |
| DARREN HOSHIDE | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $812,000 | $738,599 | 0 | Yes (1) | Yes (1) |
| DARREN HOSHIDE | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $120,000 | $84,209 | 0 | Yes (1) | Yes (1) |
| DARREN HOSHIDE | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $82,799 | $82,407 | 0 | Yes (1) | Yes (1) |
| DARREN HOSHIDE | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $288,000 | $272,178 | 0 | Yes (1) | Yes (1) |
| HELIO MARTINEZ | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $200,000 | $116,215 | 0 | Yes (1) | Yes (1) |
| DANIEL MOORE | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $507,500 | $370,202 | 0 | Yes (1) | Yes (1) |
| DANIEL MOORE | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $350,000 | $340,869 | 0 | Yes (1) | Yes (1) |
| DANIEL MOORE | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $38,811 | $30,824 | 0 | Yes (1) | Yes (1) |
| GARY KOKONYAN | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $56,038 | $54,908 | 0 | Yes (1) | Yes (1) |
| GARY KOKONYAN | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $350,000 | $349,714 | 0 | Yes (1) | Yes (1) |
| GARY KOKONYAN | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $26,500 | $134 | 0 | Yes (1) | Yes (1) |
| ASHLEY WHITE | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $327,700 | $295,213 | 0 | Yes (1) | Yes (1) |
| ASHLEY WHITE | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $13,500 | $1,040 | 0 | Yes (1) | Yes (1) |
| RALPH BAUTISTA | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $376,000 | $209,913 | 0 | Yes (1) | Yes (1) |
| RALPH BAUTISTA | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $100,000 | $16,739 | 0 | Yes (1) | Yes (1) |
| DONALD SABLATURA | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $599,500 | $557,760 | 0 | Yes (1) | Yes (1) |
| DONALD SABLATURA | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $60,000 | $50,384 | 0 | Yes (1) | Yes (1) |
| DONALD SABLATURA | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $35,000 | $30,399 | 0 | Yes (1) | Yes (1) |
| MARISA SUE | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $416,000 | $365,103 | 0 | Yes (1) | Yes (1) |
| MARISA SUE | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $23,583 | $11,648 | 0 | Yes (1) | Yes (1) |
| AUDRA MARTIN | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $35,000 | $35,543 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $9,650,332 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS OWNED BY MEMBERS, MEMBERSHIP IS AVAILABLE TO ANY AND ALL PERSONS WHO LIVE, REGULARLY WORK, CURRENTLY ATTEND SCHOOL, OR CURRENTLY WORSHIP IN THE TWENTY-ONE COUNTIES OF CALIFORNIA. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS MEMBERS WHO MAY ELECT THE GOVERNING BODY. EACH MEMBER HAS ONE VOTE TO ELECT THE MEMBERS FOR THE GOVERNING BODY OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | AT THE END OF EACH TERM OF THE DIRECTORS, ELECTIONS ARE HELD AND BOARD DECISIONS REGARDING ELECTION OR REMOVAL OF DIRECTORS ARE VOTED ON BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE VP CONTROLLER, THE SVP CHIEF FINANCIAL OFFICER, AND THE CEO OF THE ORGANIZATION. THE RETURN THEN GOES THROUGH A FINAL REVIEW BY THE BOARD OF DIRECTORS BEFORE FINAL SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS ENFORCED AND MONITORED THROUGH OUR VARIOUS REPORTING MECHANISMS (ETHICS POINT, OPEN DOOR COMMUNICATION POLICY, WHICH INCLUDES RECOMMENDING THAT EMPLOYEES DISCUSS THE ISSUES WITH THEIR MANAGER, HUMAN RESOURCES, SENIOR MANAGEMENT OR THE CEO), WE ADDRESS THE ISSUE AND USE OUR POLICY FOR GUIDANCE, WHICH PROMOTES CONSISTENCY. |
| FORM 990, PART VI, SECTION B, LINE 15 | CEO'S COMPENSATION: WESCOM CREDIT UNION'S BOARD OF DIRECTORS PARTNERS WITH A THIRD PARTY VENDOR TO PERFORM REGULAR REVIEWS TO ENSURE THAT THE PRESIDENT/CEO'S SALARY AND TARGET INCENTIVE REMAIN IN THE APPROPRIATE RELATIONSHIP TO THE MARKET. OUR THIRD PARTY CONSULTANT EXAMINES THE CURRENT COMPENSATION MARKET THROUGH AN ANALYSIS WHICH INCLUDES A CREDIT UNION PEER GROUP BASED ON ASSET SIZE AND FINANCIAL PERFORMANCE. IN ADDITION, THE PRESIDENT/CEO'S SUPPLEMENTAL RETIREMENT ACCOUNT IS REVIEWED WITH THE BOARD TO EVALUATION INVESTMENT PERFORMANCE AND TO CONSIDER ANY PROGRAM ADJUSTMENTS THAT NEED TO BE MADE TO ENSURE THE PROGRAM REMAINS APPROPRIATE TO THE MARKET. THE BOARD APPROVES ALL CHANGES TO THE PRESIDENT/CEO'S COMPENSATION AND SUPPLEMENTAL RETIREMENT PLANS. FORM 990, PART VI, SECTION B, LINE 15B: OTHER KEY EMPLOYEES' COMPENSATION: WESCOM CREDIT UNION PARTNERS WITH A THIRD PARTY TO PERFORM A PERIODIC REVIEW TO ENSURE THAT THE EXECUTIVE AND STAFF TEAM MEMBERS' SALARY RANGES AND TARGET INCENTIVES REMAIN IN AN APPROPRIATE RELATIONSHIP WITH THE MARKET. OUR THIRD PARTY CONSULTANT EXAMINES THE CURRENT COMPENSATION MARKET THROUGH AN ANALYSIS WHICH INCLUDES A CREDIT UNION PEER GROUP BASED ON ASSET SIZE AND FINANCIALS PERFORMANCE. THE HR COMMITTEE OF THE BOARD REVIEWS THE INFORMATION AND PREPARES A RECOMMENDATION FOR THE BOARD OF DIRECTORS APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 18 | FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. REQUESTS REGARDING GOVERNING DOCUMENTS AND CONFLICT OF INTERESTS CAN BE SUBMITTED TO THE ORGANIZATION AND COPIES WILL BE PROVIDED UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S INFORMATIONAL RETURN IS AVAILABLE UPON REQUEST OR ON A PUBLIC WEBSITE, GUIDESTAR.ORG. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 9,689,835. CHANGE IN FUNDED STATUS OF DEFINED BENEFIT PENSION PLAN 788,679. EQUITY ACQUIRED IN MERGER 2,019,038. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM RESOURCES GROUP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431966875 | EIN |
| Primary Activities | DATA PROCESSING | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $5,805,959 | TotalIncomeAmt |
| End Of Year Assets | $6,979,856 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CREDIT UNION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311709115 | EIN |
| Primary Activities | CHARITY FUND | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CENTER ASSOCIATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5601 E LA PALMA AVE | AddressLine1Txt |
| City | ANAHEIM | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92807 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562628434 | EIN |
| Primary Activities | MANAGEMENT OF REAL PROPERTY | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CENTRAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $1,806 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $41,212 | ShareOfEOYAssetsAmt |
| Ownership | 0.33820 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WESCOM RESOURCES GROUP LLC | ||
| J | $1,747,188 | ACTUAL AMOUNT PAID |
| WESCOM FOUNDATION | ||
| B | $123,649 | EMPLOYEE CONTRIB. PLUS WCCU MATCH |
| WESCOM FOUNDATION | ||
| B | $717,755 | AMOUNT OF CONTRIBUTION |
| WESCOM FOUNDATION | ||
| B | $103,815 | AMOUNT OF MEMBER CONTRIBUTION |