NonprofitsCredit Unions In The State Of California

Credit Unions In The State Of California

PASADENA, CA

Total revenue

$2.3M

Total expenses

$2.0M

Net assets

$8.3M

Grants received

EIN

951847819

Tax year

2024

Mission

Our vision is to be the primary, trusted financial partner for ibew local 11 members and affiliates. We offer innovative solutions and resources that support their families and futures, fostering long-term financial well-being and growth throughout their lives.

Programs

1 program

L a electrical workers credit union provides a variety of secured and unsecured consumer loan products for their members. The loans are at competitive rates to help the member save money. As of december 31, 2024, the total number of loans was 750 with share secured loans of $51,360.74, unsecured signature loans of $1,919,782.90, new vehicle loans of $2,926,945.49, used vehicles of $4,667,738.58, personal lines of credit of $489,635.57, home equity lines of credit of $1,741,316.15, and all other loans of $328,195.26, for a total of $12,124,974.69.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income$1.1M
Other revenue$24K
Total revenue$2.3M

Expenses

Grants paid
Salaries & benefits$812K
Fundraising
Other expenses$1.2M
Total expenses$2.0M
Total assets$51.1M
Net assets$8.3M

People

10 listed

NameRoleCompensation

SHAWN MCDONALD

CEO/TREASURER

Board

$162K

40 hrs/wk

STACY JURADO

EXECUTIVE VICE PRESIDENT

Board

$121K

40 hrs/wk

ROBERT CORONA

FORMER PRESIDENT/CHAIR

Board

1 hrs/wk

SHOMARI DAVIS

FORMER SECRETARY

Board

1 hrs/wk

MARC GREENFIELD

ASSISTANT TREASURER

Board

1 hrs/wk

GEORGE LOPEZ

DIRECTOR

Board

1 hrs/wk

RUBEN MENDOZA

DIRECTOR

Board

1 hrs/wk

LADISLAO ORTIZ

VICE PRESIDENT

Board

1 hrs/wk

GARY TOMLIN

PRESIDENT/CHAIRMAN

Board

1 hrs/wk

CITLALI CASTILLO

SECRETARY

Board

1 hrs/wk

Details

EIN951847819
Subsection14
Ruling date1961-09
Formed1953
Employees7
Volunteers9
CREDIT UNIONS IN THE STATE OF CALIFORNIA — Mission, Financials & Grants Received | Grantivo