NonprofitsE-Central Credit Union

E-Central Credit Union

PASADENA, CA

Total revenue

$10.6M

Total expenses

$8.7M

Net assets

$38.4M

Grants received

EIN

951442156

Tax year

2024

Mission

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

Programs

2 programs

Offering a vast array of dynamic online services is central to e-central's strategic plan to allow members to access their account anytime, anywhere. This is an important initiative to remain competitive, improve operational efficiencies, and to retain members. Our suite of free e-services includes online banking, mobile banking, bill pay, personal financial management tools, account-to-account transfers, remote check deposit and a number of other services.

E-central offers a suite of affordable checking accounts that include a number of free services, such as debit cards and a suite of online services. The credit union continues to see checking account penetration increase, checking overall balances increase and debit card transactions increase each year. Members value our low-cost solution as they look to save money every day.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$8.3M
Investment income$1.5M
Other revenue$789K
Total revenue$10.6M

Expenses

Grants paid
Salaries & benefits$3.8M
Fundraising
Other expenses$4.9M
Total expenses$8.7M
Total assets$169.2M
Net assets$38.4M

People

17 listed

NameRoleCompensation

MICHAEL THEODORE

PRESIDENT/CEO

Board

$631K

40 hrs/wk

LOH JEN SY

SVP/CCO

Board

$195K

40 hrs/wk

SILVIO JORGE

VP/CFO

Board

$160K

40 hrs/wk

DENNIS MAGALDI

SECRETARY/TREASURER

Board

$2K

2 hrs/wk

JAMES GREENBAUM

SUPV CMTE MEMBER

Board

2 hrs/wk

CORBET WILCOX

SUPV CMTE MEMBER

Board

2 hrs/wk

DOMINICK EDWARDS

BOARD VICE CHAIRPERSON

Board

2 hrs/wk

STEPHEN HENSON

DIRECTOR

Board

2 hrs/wk

GLENDA GILES-LUICK

DIRECTOR

Board

2 hrs/wk

RICHARD HONORE

DIRECTOR

Board

2 hrs/wk

TREVOR KALE

DIRECTOR

Board

2 hrs/wk

JON OLIVER

SUPV CMTE CHAIR

Board

2 hrs/wk

MARK GARMUS

BOARD CHAIRPERSON

Board

5 hrs/wk

EVAN HITCHCOCK

VP OPS

Staff

$158K

40 hrs/wk

SUSAN BROWN

EXEC. ASST.

Staff

$137K

40 hrs/wk

JOSE DAVILA

VP OF IT

Staff

$136K

40 hrs/wk

JENNIFER GIN

VP OF CL

Staff

$122K

40 hrs/wk

Details

EIN951442156
Subsection14
Ruling date1961-06
Formed1943
Employees43
Volunteers10
E-CENTRAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo