NonprofitsMy Point Credit Union

My Point Credit Union

SAN DIEGO, CA

Total revenue

$30.7M

Total expenses

$29.7M

Net assets

$56.8M

Grants received

EIN

951679450

Tax year

2024

Mission

MyPoint Credit Union provides its members with higher saving dividends, enhanced services, lower loan rates, and reduced service fees.

Programs

2 programs

MyPoint Credit Union provides its membership competitive consumer loan programs including vehicle loans, unsecured loans, and a business loan program to help our local small businesses. The credit union funded 2,370 new loans in the amount of $120,283,399 As of 12/31/2024, the credit union held 15,211 consumer and business loans in the amount of $253,266,938.

MyPoint Credit Union offers a competitive mortgage loan program to make home ownership more affordable to its membership. In 2024, the credit union funded new real estate loans including 1st and 2nd trust deed mortgages and home equity lines of credit, in the amount of $82,830,504. As of 12/31/24, the credit union held the total of 1,773real estate loans in the amount of $262,340,441

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$30.7M
Investment income
Other revenue
Total revenue$30.7M

Expenses

Grants paid
Salaries & benefits$12.5M
Fundraising
Other expenses$17.2M
Total expenses$29.7M
Total assets$650.9M
Net assets$56.8M

People

22 listed

NameRoleCompensation

Matthew Rhead

CEO

Board

$480K

40 hrs/wk

Matthew Mower

SVP/CIO

Board

$354K

40 hrs/wk

Peter Butler

SVP/COO

Board

$345K

40 hrs/wk

Simeon Tabakov

CFO

Board

$51K

40 hrs/wk

Jane M White

Chair

Board

10 hrs/wk

Linda O Stay

Secretary

Board

10 hrs/wk

Jo Anna Lamott

Director

Board

10 hrs/wk

Salvatore J Lupo

Director

Board

10 hrs/wk

Bryan T Hill

Director

Board

10 hrs/wk

Jeffrey M Goecke

Vice Chair

Board

10 hrs/wk

Mark R Moeller

Treasurer

Board

10 hrs/wk

David R Brooke

President/CEO

Staff

$544K

40 hrs/wk

Janet Mainenti

VP/HR

Staff

$255K

40 hrs/wk

Christopher Crockett

VP/Retail Operations

Staff

$249K

40 hrs/wk

Laura Carpanzano

Director of Business Lending

Staff

$236K

40 hrs/wk

Pey-Shiuan Zavala

IT Director

Staff

$199K

40 hrs/wk

Scott Norris

VP/Marketing

Staff

$194K

40 hrs/wk

Nicole Henderson

Controller

Staff

$188K

40 hrs/wk

Stephen Wallis

Director of Internal Audit

Staff

$174K

40 hrs/wk

Deborah Clow

Project Manager

Staff

$158K

40 hrs/wk

Andrea Johnson

Director of Member Support Services

Staff

$157K

40 hrs/wk

Michael Kim

VP/Lending

Staff

$156K

40 hrs/wk

Details

EIN951679450
Subsection14
Ruling date1961-09
Formed1948
Employees125
Volunteers12
MY POINT CREDIT UNION — Mission, Financials & Grants Received | Grantivo