NonprofitsF3 Credit Union

F3 Credit Union

SAN JOSE, CA

Total revenue

$11.9M

Total expenses

$10.7M

Net assets

$34.7M

Grants received

EIN

940760540

Tax year

2024

Mission

F3 credit union builds financial partnerships and provides competitive services.

Programs

2 programs

F3 credit union provides depository services to its members. During 2024, members had a total of $197 million member share deposits at december 31, 2024.

F3 credit union's capital percentage at december 31, 2024 was 17.59%. This is greater than 1.5x the industry requirement.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$7.1M
Investment income$4.7M
Other revenue
Total revenue$11.9M

Expenses

Grants paid
Salaries & benefits$3.7M
Fundraising
Other expenses$7.1M
Total expenses$10.7M
Total assets$233.4M
Net assets$34.7M

People

12 listed

NameRoleCompensation

FARDAD KHOSRAVI

PRESIDENT & CEO

Board

$353K

40 hrs/wk

PAUL LINDSLEY

CFO

Board

$170K

40 hrs/wk

RICHARD SILVERIA

DIRECTOR

Board

0.5 hrs/wk

ROBERT SCALETTA

DIRECTOR

Board

0.5 hrs/wk

ROGER SOMER

CHAIR

Board

0.5 hrs/wk

MICHAEL MEDLIN

SECRETARY, TREASURER

Board

0.5 hrs/wk

MARIE FURTADO

DIRECTOR

Board

0.5 hrs/wk

CAROL CROTEAU

VICE CHAIR

Board

0.5 hrs/wk

DAVID CLARK

VP - IT

Staff

$148K

40 hrs/wk

CYNDEE LEMON

VP - OPERATIONS/HR

Staff

$137K

40 hrs/wk

ELSA PHAM

VP - LENDING

Staff

$136K

40 hrs/wk

MANIE KOHN

VP - MARKETING

Staff

$126K

40 hrs/wk

Independent contractors

FIS

VISA PROCESSING

$410K

FINASTRA

DATA PROCESSING

$367K

454

MARKETING

$120K

TPX

COMMUNICATIONS

$106K

Details

EIN940760540
Subsection14
Ruling date1961-06
Formed1931
Employees41
Volunteers10
F3 CREDIT UNION — Mission, Financials & Grants Received | Grantivo