2025-11-17T10:00:31-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-01-01 951184903 SAN DIEGO COUNTY CREDIT UNION SAND 8777322848 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 AARON SATO TERESA CAMPBELL 8777322848 2025-11-11 1 0 LISA N RYSSEL CPA P00643670 7149781300 2025-11-11 2024 2025-03-06 01:10:19Z TERESA CAMPBELL 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 423288083 0 X WWW.SDCCU.COM X 1938 CA STATE-CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO MEMBERS 10 10 1107 13 2268534 0 0 0 268198502 266664068 167821528 142146866 11659649 14221971 447679679 423032905 0 0 0 76515868 100629932 103469690 0 0 0 256769604 177275228 357399536 357260786 90280143 65772119 13480213226 9165817993 11760617452 7948583788 1719595774 1217234205 A NOT-FOR-PROFIT CREDIT UNION WHOLLY OWNED BY ITS MEMBERS 0 0 OFFER LOAN AND DEPOSIT PRODUCTS AND SERVICES TO MEMBERS, AS WELL AS OTHER FINANCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 76455 0 1 1107 1 1 1 0 0 0 0 0 0 0 1 0 X 10 10 0 0 0 0 1 1 1 1 1 0 1 1 0 0 0 1 1 1 0 CA X AARON SATO 8777322848 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 TERESA CAMPBELL CEO & PRESIDENT 60.00 X X 18843588 0 78016 ILAN AWERBUCH DIRECTOR 2.00 X 0 0 0 HEATHER BENJAMIN DIRECTOR 2.00 X 387 0 0 RICHARD COLLINS DIRECTOR 2.00 X 338 0 0 ALFIE GONZAGA DIRECTOR 2.00 X 224 0 0 CHRISTOPHER HART DIRECTOR 2.00 X 1658 0 0 PATRICIA HONEYCUTT DIRECTOR 2.00 X 0 0 0 SHIRLEY JACKSON DIRECTOR 2.00 X 730 0 0 LAURIE LEVENSON DIRECTOR 2.00 X 158 0 0 STEVE REUEL DIRECTOR 2.00 X 6265 0 0 KEN VAN RIPER DIRECTOR 2.00 X 1150 0 0 VANESSA YBARRA DAVIS DIRECTOR 2.00 X 0 0 0 NATHAN SCHMIDT EVP, CHIEF EXPERIENCE OFFI 60.00 X 1593151 0 36852 CAROLYN KISSICK EVP, ERM & CHIEF RISK OFFI 60.00 X 716840 0 36384 MICHAEL BRADSHAW EVP, REAL ESTATE LENDING 60.00 X 799149 0 52625 DAVID PERKINS EVP, INFORMATION TECHNOLOG 60.00 X 889510 0 47469 RYAN LITTLE EVP, CONSUMER LENDING 60.00 X 687357 0 44777 SHEENA PEOPLES EVP, OPERATIONS & CHIEF SA 60.00 X 599729 0 27863 AARON SATO CFO & EXECUTIVE VICE PRESI 60.00 X 739689 0 40868 LAUREN LAPPINGA EVP, HUMAN RESOURCES 60.00 X 573955 0 41320 CINDY LE EVP, RETAIL 60.00 X 649627 0 19075 DONALD JARRETT SVP, REAL ESTATE 40.00 X 357341 0 59885 SCOTT CARROLL CHIEF TECHNOLOGY OFFICER 40.00 X 423386 0 41763 DEJAN TASICH FINANCIAL ADVISOR 40.00 X 411928 0 15138 WILLIAM BURKE ALLRED FINANCIAL ADVISOR 40.00 X 393353 0 15215 BRADLEY BATES SVP, INTERNAL AUDIT 40.00 X 397680 0 36009 MICHELLE PAGNI FORMER EVP, RETAIL 40.00 X 184657 0 0 ASHLEE SCOTT FORMER EVP, CHIEF FINANCIAL OFFICER (05/13/2022) 40.00 X 204656 0 0 28476506 0 593259 216 1 1 0 SHEPPARD MULLIN RICHTER & HAMPTON LLP PO BOX 840728 LOS ANGELES CA 90084 LEGAL SERVICES 2042344 KPMG LLP PO BOX 120922 DALLAS TX 75312 AUDIT SERVICES 1502664 MICROSOFT CORPORATION 1950 N STEMMONS FY DALLAS TX 75207 SOFTWARE 1270978 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001 PASADENA CA 91110 SECURITY SERVICES 1184217 LOOMIS PO BOX 120757 DALLAS TX 75312 CASH HANDLING SERVICES 1109099 29 INTEREST INCOME 522100 218767181 218767181 FEE INCOME 522100 47896887 47488967 407920 266664068 140722602 140722602 278605 0 278605 278605 278605 1574016 105426 255178 0 1318838 105426 1424264 1424264 OTHER INCOME 522100 8122795 6262181 1860614 MEMBER INVESTMENT SERV 522100 5820571 5820571 13943366 423032905 278338900 2268534 142425471 76515868 26528753 56666391 5420352 12717981 2136213 1612982 1873714 18763716 6932476 11220472 12386146 19525499 821675 87066301 2949004 719963 LOAN PROCESSING 9608102 OTHER GENERAL AND ADMIN 2067371 FRAUD LOSS 1185233 ASSOCIATION DUES 542574 357260786 2431780563 524394420 5904227353 5411020769 9488798 10357069 154871185 124069292 32446633 30801893 4805852495 2905540627 296417384 283703215 13480213226 9165817993 144971962 84762074 3325000000 280000000 8290645490 7583821714 11760617452 7948583788 X 0 0 0 0 1719595774 1217234205 1719595774 1217234205 13480213226 9165817993 65772119 -568133688 0 X 0 1 X 0 0 12020901 12020901 39633589 30209920 9423669 19655481 18346268 1309213 82372343 75513104 6859239 1188871 1188871 30801893 GOVERNMENT INVESTMENTS 2888290627 F FHLB OF SAN FRANCISCO 17250000 F 2905540627 MEMBERS' SHARES 7561589718 LEASE LIABILITY 22231996 7583821714 X 423032905 0 423032905 0 423032905 357260786 0 357260786 0 357260786 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER IRC 501(C)(14), FROM MOST FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES, AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S CONSOLIDATED FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2024. THE CREDIT UNION'S 2021 THROUGH 2023 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE INCOME FROM THE CUSO, ORGANIZED AS AN LLC, FLOWS THROUGH TO THE CREDIT UNION, AND THEREFORE IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. X X X X 0 1 0 TERESA CAMPBELL CEO & PRESIDENT 1508051 0 1925000 0 15410537 0 13800 0 64216 0 18921604 0 15354340 0 NATHAN SCHMIDT EVP, CHIEF EXPERIENCE OFFI 675362 0 275000 0 642789 0 13432 0 23420 0 1630003 0 600002 0 DAVID PERKINS EVP, INFORMATION TECHNOLOG 440676 0 150000 0 298834 0 13788 0 33681 0 936979 0 250000 0 MICHAEL BRADSHAW EVP, REAL ESTATE LENDING 525008 0 250000 0 24141 0 13231 0 39394 0 851774 0 0 0 AARON SATO CFO & EXECUTIVE VICE PRESI 537952 0 200000 0 1737 0 13800 0 27068 0 780557 0 0 0 CAROLYN KISSICK EVP, ERM & CHIEF RISK OFFI 495287 0 200000 0 21553 0 13800 0 22584 0 753224 0 0 0 RYAN LITTLE EVP, CONSUMER LENDING 455787 0 200000 0 31570 0 13800 0 30977 0 732134 0 0 0 CINDY LE EVP, RETAIL 448697 0 200000 0 930 0 12181 0 6894 0 668702 0 0 0 SHEENA PEOPLES EVP, OPERATIONS & CHIEF SA 392605 0 165000 0 42124 0 13232 0 14631 0 627592 0 0 0 LAUREN LAPPINGA EVP, HUMAN RESOURCES 408269 0 165000 0 686 0 13800 0 27520 0 615275 0 0 0 SCOTT CARROLL CHIEF TECHNOLOGY OFFICER 369822 0 50000 0 3564 0 12912 0 28851 0 465149 0 0 0 BRADLEY BATES SVP, INTERNAL AUDIT 286084 0 75000 0 36596 0 13487 0 22522 0 433689 0 0 0 DEJAN TASICH FINANCIAL ADVISOR 67808 0 2000 0 342120 0 12152 0 2986 0 427066 0 0 0 DONALD JARRETT SVP, REAL ESTATE 316099 0 40000 0 1242 0 13800 0 46085 0 417226 0 0 0 WILLIAM BURKE ALLRED FINANCIAL ADVISOR 67177 0 2000 0 324176 0 13800 0 1415 0 408568 0 0 0 ASHLEE SCOTT FORMER EVP, CHIEF FINANCIAL OFFICER 0 0 0 0 204656 0 0 0 0 0 204656 0 0 0 MICHELLE PAGNI FORMER EVP, RETAIL 0 0 0 0 184657 0 0 0 0 0 184657 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUAL RECEIVED A DISTRIBUTION FROM THE 457(B) PLAN: MICHELLE PAGNI: $184,657 THE FOLLOWING INDIVIDUAL RECEIVED A POST-EMPLOYMENT SETTLEMENT: ASHLEE SCOTT: $204,656 PART I, LINES 4A-B: FOR THE YEAR ENDING DECEMBER 31, 2024, THE FOLLOWING INDIVIDUALS LISTED IN SCHEDULE J, PART II HAD A DISTRIBUTION AMOUNT RELATING TO THE SERP BENEFITS LISTED AS OTHER COMPENSATION LISTED IN COLUMN B(III): TERESA CAMPBELL: $15,354,340 NATHAN SCHMIDT: $600,002 DAVID PERKINS: $250,000 FORM 990, PART VI, SECTION A, LINE 6 SAN DIEGO COUNTY CREDIT UNION HAS MEMBERS AS SPECIFIED BY ITS BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A SAN DIEGO COUNTY CREDIT UNION MEMBERS HAVE THE POWER TO ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B SAN DIEGO COUNTY CREDIT UNION MEMBERS HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, WHO CONSULTS WITH AN EXTERNAL CPA FIRM AND LEGAL COUNSEL AS NEEDED TO ENSURE THE ACCURACY AND SUFFICIENCY OF ALL RESPONSES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY OBTAINS AN INDEPENDENT PROFESSIONAL ASSESSMENT OF MARKET COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE INDEPENDENT PROFESSIONAL ASSESSMENT OF MARKET COMPENSATION AND RECOMMENDS THE CHIEF EXECUTIVE OFFICER'S COMPENSATION, WHICH IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. THE DECISION IS CONTEMPORANEOUSLY DOCUMENTED IN A MEMO AND KEPT IN THE CHIEF EXECUTIVE OFFICER'S PERSONNEL FILE. AN INDEPENDENT PROFESSIONAL ASSESSMENT OF MARKET COMPENSATION IS ALSO OBTAINED FOR OTHER EXECUTIVE TEAM MEMBERS (EXECUTIVE VICE PRESIDENTS), AS WELL AS THE SENIOR VICE PRESIDENT/DIRECTOR OF INTERNAL AUDIT. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER REVIEWS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE TEAM. THESE DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN A MEMO AND KEPT IN THEIR RESPECTIVE PERSONNEL FILES. THE LAST TIME THE REVIEW AND APPROVAL PROCESS OCCURRED FOR THE CHIEF EXECUTIVE OFFICER WAS IN NOVEMBER 2023. THE LAST TIME THE REVIEW AND APPROVAL PROCESS OCCURRED FOR OTHER KEY EMPLOYEES WAS IN JANUARY 2024. FORM 990, PART VI, SECTION C, LINE 19 SAN DIEGO COUNTY CREDIT UNION (THE CREDIT UNION) MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. THE CREDIT UNION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FRESH START REAL ESTATE LLC 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 452981200 REAL ESTATE CA 0 526426 SAN DIEGO COUNTY CREDIT UNION SD FINANCIAL GROUP LLC 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 452980994 E-COMMERCE-INACTIVE CA 0 0 SAN DIEGO COUNTY CREDIT UNION