NonprofitsWheelhouse Credit Union

Wheelhouse Credit Union

SAN DIEGO, CA

Total revenue

$23.5M

Total expenses

$23.0M

Net assets

$30.3M

Grants received

EIN

951593663

Tax year

2024

Mission

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

Programs

2 programs

The service garnering large enrollment is internet banking enrollment, which allows members to manage their financial accounts 24 hours a day. Features of this service are the ability to view account balances and histories at any time, view check images, and perform transfers from one of the member's accounts to another. The breadth of transactions provided to the member via this platform provides an efficiency and convenience to the member and is less costly than a branch transaction; included are features to internet banking now allow members to make and/or schedule transfers and loan payments from internal and/or external sources.

Energy efficient/solar loans make up 48% of the loan portfolio with a portfolio balance of $165m and an average loan balance of $30,000. These loans are granted to members for structural improvements to their homes which make them more energy efficient. Improvements include solar panels, windows, roofing and air conditioning. By performing such improvements to their home, members see a significant reduction in energy efficient costs as well as receiving a tax credit from the irs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$20.6M
Investment income$2.4M
Other revenue$556K
Total revenue$23.5M

Expenses

Grants paid$10K
Salaries & benefits$7.9M
Fundraising
Other expenses$15.0M
Total expenses$23.0M
Total assets$441.6M
Net assets$30.3M

People

22 listed

NameRoleCompensation

LISA PAUL-HILL

PRESIDENT/CEO

Board

$329K

50 hrs/wk

JOHN FRAZZA

CLO

Board

$216K

50 hrs/wk

LISA CHAN FORMER

CFO

Board

$172K

50 hrs/wk

DAN SOBEL

BOARD MEMBER

Board

1 hrs/wk

GEORGE THOMAS

SUPV CMTE VICE CHAIR

Board

1 hrs/wk

EDWARD PRENDELL

SUPV CMTE SECRETARY

Board

1 hrs/wk

SHARON FLOYD

CHAIRPERSON

Board

1 hrs/wk

MCRAY MURDOCK

SUPV CMTE MEMBER

Board

1 hrs/wk

SCOTT WAHL

SUPV CMTE MEMBER

Board

1 hrs/wk

GAIL GLUTTING

SUPV CMTE MEMBER

Board

1 hrs/wk

STEPHANIE ROSE

VICE CHAIRPERSON

Board

1 hrs/wk

ROBERT WILSON

BOARD SECRETARY/TREASURER

Board

1 hrs/wk

MELISSA RUSSO

BOARD MEMBER

Board

1 hrs/wk

LAURA YOUNG

BOARD MEMBER

Board

1 hrs/wk

ROBERT LAWRENCE

BOARD MEMBER

Board

1 hrs/wk

MARCIA MCLATCHY

BOARD MEMBER

Board

1 hrs/wk

MARIO MODIANO

BOARD MEMBER

Board

1 hrs/wk

REBECCA RAMOS-ARZOLA

VP HUMAN RESOURCES

Staff

$192K

50 hrs/wk

CURT YASUHARA

VP BUSINESS INTELLIGENCE

Staff

$187K

50 hrs/wk

BRET JOHNSON

VP OPERATIONS

Staff

$179K

50 hrs/wk

DOUG LAFAVE

VP INFORMATION TECHNOLOGY

Staff

$170K

50 hrs/wk

JILL FAUCHER

VP MARKETING

Staff

$168K

50 hrs/wk

Details

EIN951593663
Subsection14
Ruling date1961-09
Formed1934
Employees109
Volunteers14
WHEELHOUSE CREDIT UNION — Mission, Financials & Grants Received | Grantivo