NonprofitsHuntington Beach Credit Union

Public & Societal Benefit

Huntington Beach Credit Union

HUNTINGTON BEACH, CA

Total revenue

$2.4M

Total expenses

$2.1M

Net assets

$6.7M

Grants received

EIN

951821708

Tax year

2024

Mission

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

Programs

3 programs

Provided checking and savings accounts as well as investment instruments in an effort to safeguard members' assets, control risk and contribute to capital growth and financial stability.

Provided share certificates of deposit in 6 months to 5 year increments allowing members the opportunity to earn higher rates of interest than typically earned in a savings account. The credit union also offers money market accounts.

An additional line of credit of $2.5 million was obtained with corporate america credit union for liquidity purposes.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.2M
Investment income$1.1M
Other revenue
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits$622K
Fundraising
Other expenses$1.5M
Total expenses$2.1M
Total assets$54.9M
Net assets$6.7M

People

12 listed

NameRoleCompensation

ANGELA K CLITHEROW

PRESIDENT/CEO

Board

$178K

55 hrs/wk

MELVIN M BOWMAN

BOARD SECRETARY

Board

2 hrs/wk

GARY MEZA

BOARD MEMBER

Board

2 hrs/wk

KAREN A PETERSON

BOARD MEMBER

Board

2 hrs/wk

SARAH WHITECOTTON

SUPV CMTE CHAIRPERSON

Board

2 hrs/wk

PAUL D'ALESSANDRO

BOARD CHAIRPERSON

Board

2 hrs/wk

VERONICA NAVARRO-MARTINEZ

SUPV CMTE MEMBER

Board

2 hrs/wk

LILIA GUERRERO

SUPV CMTE MEMBER

Board

2 hrs/wk

BONNIE TO

SUPV CMTE MEMBER

Board

2 hrs/wk

DAVID DERESZYNSKI

SUPV CMTE MEMBER

Board

2 hrs/wk

HOWARD ZELEFSKY

BOARD VICE CHAIRPERSON

Board

2 hrs/wk

DONNA ZIKE

ACCOUNTING MANAGER

Staff

$104K

40 hrs/wk

Details

EIN951821708
NTEE codeW61
Subsection14
Ruling date2013-08
Formed1953
Employees7
Volunteers10
HUNTINGTON BEACH CREDIT UNION — Mission, Financials & Grants Received | Grantivo