NonprofitsSafe 1 Credit Union

Public & Societal Benefit

Safe 1 Credit Union

BAKERSFIELD, CA

Total revenue

$59.0M

Total expenses

$45.2M

Net assets

$151.6M

Grants received

EIN

951812302

Tax year

2024

Mission

Provided deposit and loan accounts to 81,521 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$39.6M
Investment income$7.4M
Other revenue$11.9M
Total revenue$59.0M

Expenses

Grants paid
Salaries & benefits$13.0M
Fundraising
Other expenses$21.0M
Total expenses$45.2M
Total assets$1.0B
Net assets$151.6M

People

25 listed

NameRoleCompensation

David King

CEO/President

Board

$361K

40 hrs/wk

Cindy Wonderly

CFO/EVP-Finance

Board

$255K

40 hrs/wk

Richard Ruiz

Vice Chair

Board

$2K

2 hrs/wk

Brian Driesen

Treasurer

Board

$2K

2 hrs/wk

Tracy Chitwood

Board Member

Board

$2K

2 hrs/wk

Serene Storslett

SC Chair

Board

$1K

1 hrs/wk

Mike Reed

Board Member

Board

$849

2 hrs/wk

Ray Voight

Board Member

Board

2 hrs/wk

Ron Wolfe

Board Member

Board

2 hrs/wk

Maureen Buscher-Dang

Board Member

Board

2 hrs/wk

Dawn Cole

Chairman

Board

2 hrs/wk

Michael Bennett

Secretary

Board

2 hrs/wk

Woody Morrison

Board Member

Board

2 hrs/wk

Vernon Powers

Board Member

Board

2 hrs/wk

Robert Dickson

SC Member

Board

1 hrs/wk

Doug Kileen

SC Member

Board

1 hrs/wk

Lorraine Townsend

EVP-Operations

Staff

$243K

40 hrs/wk

Timothy Spencer

EVP-Lending

Staff

$234K

40 hrs/wk

Michael George

EVP-Marketing

Staff

$218K

40 hrs/wk

Chris Hanson

VP IT

Staff

$166K

40 hrs/wk

Carol Dobbs

EVP Risk

Staff

$156K

40 hrs/wk

Mary Higgins

VP Compliance

Staff

$150K

40 hrs/wk

Micaela Venegas

IT Supervisor

Staff

$147K

40 hrs/wk

Jeff Simpson

VP Finance

Staff

$139K

40 hrs/wk

Marie Rodriguez

VP Call Center

Staff

$127K

40 hrs/wk

Details

EIN951812302
NTEE codeW61
Subsection14
Ruling date0000-00
Formed1952
Employees152
Volunteers14
SAFE 1 CREDIT UNION — Mission, Financials & Grants Received | Grantivo