NonprofitsCalifornia Federal Credit Union

California Federal Credit Union

GLENDALE, CA

Total revenue

$243.6M

Total expenses

$223.3M

Net assets

$314.4M

Grants received

EIN

950951410

Tax year

2024

Mission

A cooperative organized for the purpose of promoting thrift and savings among its members.

Programs

2 programs

At california credit union, we were proud to continue supporting our members and communities by helping them achieve their financial goals. Adding new member value has always been a key priority and we continued to deliver as we were once again certified as a community development financial institution (cdfi), a designation only given to organizations proven to provide financial services in communities that have historically lacked access to traditional banking services. In addition, we launched our bank on checking account which is a safe banking solution designed for prospective members who may not qualify for other checking account types due to their past banking history at other financial institutions. This product is featured on the national bank on website, which provides a direct link to our website. In 2024, our financial literacy programs reached 32,000 providing 40 financial education modules to all members and website visitors for free as well as offering financial literacy programs in partnership with greenpath financial wellness and a bite of reality.

California credit union remained committed to supporting our communities by investing over $720,000 into new partnerships, employee volunteerism, and industry advocacy opportunities. We also continued our partnership with the los angeles zoo whose focus on families and education directly aligns with our goals and purpose in the la market. This partnership provides great exposure to the zoo's nearly 1.8 million annual visitors, as well as allow for onsite activations for new memberships, educational support for underserved schools, community giving and volunteer opportunities. In 2024, our employees served as volunteers on 21 education and community foundation boards across southern california. Our staff came together to support operation homefront putting together care packages to support our troops, build homes for habitat for humanity, march in the san diego pride festival, distribute school supplies, and much more.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$175.0M
Investment income$54.5M
Other revenue$14.0M
Total revenue$243.6M

Expenses

Grants paid$123K
Salaries & benefits$64.3M
Fundraising
Other expenses$158.8M
Total expenses$223.3M
Total assets$5.0B
Net assets$314.4M

People

36 listed

NameRoleCompensation

STEVEN O'CONNELL

PRESIDENT, CEO

Board

$1.1M

40 hrs/wk

ROBERT O'GRADY

EVP, CHIEF OPERATING OFFICER

Board

$813K

40 hrs/wk

MARK LOVEWELL

EVP, CFO AND PRESIDENT OF CUSO OPS

Board

$658K

40 hrs/wk

HUDSON LEE

EVP, CHIEF RISK OFFICER

Board

$568K

40 hrs/wk

JOHN BRETTHAUER

EVP, CHIEF ADMINISTRATIVE OFFICER

Board

$557K

40 hrs/wk

RICHARD HUBENY

EVP, CHIEF LENDING OFFICER

Board

$522K

40 hrs/wk

SCOTT J SVONKIN

SUPERVISORY COMMITTEE MEMBER

Board

$3K

1 hrs/wk

VICTOR HANSON

BOARD MEMBER

Board

$2K

1 hrs/wk

JANALYN GLYMPH

SUPERVISORY COMMITTEE CHAIR

Board

$838

1 hrs/wk

EMMANUEL OLAES

BOARD MEMBER

Board

$731

1 hrs/wk

TED FUJIMOTO

BOARD MEMBER

Board

1 hrs/wk

MARCIA WADE

BOARD MEMBER

Board

1 hrs/wk

WILLIAM KALEY

SUPERVISORY COMMITTEE SECRETARY

Board

1 hrs/wk

GUILBERT HENTSCHKE

SUPERVISORY COMMITTEE MEMBER

Board

1 hrs/wk

ROGER MCTIGHE

SUPERVISORY COMMITTEE MEMBER

Board

1 hrs/wk

JAMES DOYLE FORMER

BOARD MEMBER

Board

1 hrs/wk

JEFF STONE

BOARD TREASURER

Board

1 hrs/wk

REBECCA COLLIER

BOARD SECRETARY

Board

1 hrs/wk

PAMELA FEES

VICE CHAIRPERSON

Board

1 hrs/wk

FREDRIC NIGRO FORMER

BOARD MEMBER

Board

1 hrs/wk

WALTON GREENE

CHAIRMAN

Board

1 hrs/wk

SURVIVA MENDOZA FORMER

BOARD MEMBER

Board

1 hrs/wk

DIANE MADISON-JAMMAL

SVP, CHIEF INNOVATION OFFICER

Staff

$1.1M

40 hrs/wk

IRMA A JIMENEZ

VP, MORTGAGE LOAN OFFICER

Staff

$946K

40 hrs/wk

KEVIN ANDREW WITOWICH

FINANCIAL ADVISOR

Staff

$668K

40 hrs/wk

CARLO ALBERT BOTON

FINANCIAL ADVISOR

Staff

$491K

40 hrs/wk

PATRICK ZARIFIAN

SVP, CHIEF EXPERIENCE OFFICER

Staff

$437K

40 hrs/wk

SAM NOP

VP, CONTROLLER

Staff

$388K

40 hrs/wk

JILL VASANT

SVP, CHIEF MARKETING OFFICER

Staff

$385K

40 hrs/wk

CHARLES LACUESTA

SVP, CHIEF INFORMATION OFFICER

Staff

$374K

40 hrs/wk

BRIAN JAMES VENN

VP, PROGRAM MANAGER

Staff

$372K

40 hrs/wk

MARVEL FORD

SVP, CHIEF ADVOCACY OFFICER

Staff

$329K

40 hrs/wk

JASON PUGH

SVP, REAL ESTATE LENDING

Staff

$288K

40 hrs/wk

KIMBERLY SMITH

SVP, CONSUMER LENDING

Staff

$265K

40 hrs/wk

BLANCA DONAHUE

SVP, OPERATIONS

Staff

$241K

40 hrs/wk

AMADA MORALES

SVP, HUMAN RESOURCES

Staff

$239K

40 hrs/wk

Details

EIN950951410
Subsection14
Ruling date1961-09
Formed1939
Employees629
Volunteers16
CALIFORNIA FEDERAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo