Credit Unions In The State Of California

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 941219581 ✦ Salinas, CA ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions In The State Of California?

allUS Credit Union, located in Salinas, California, serves as a nonprofit financial cooperative for its members. The primary objective of this credit union is to offer competitive savings and loan services. They strive to keep interest rates on loans at a minimum and offer high yields on deposits, ensuring financial benefits for their membership. Based on the provided information, allUS Credit Union appears to be dedicated to providing financial support and fostering economic growth for its members within the state of California.


Official website here: www.alluscu.com

Is Credit Unions In The State Of California legitimate?

Credit Unions In The State Of California is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of California submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $171,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,181

For more financial information, click here


Official website here: www.alluscu.com

What is the mission statement of Credit Unions In The State Of California?

The mission of this credit union, based in California, is centered around serving its membership by offering competitive financial services. Specifically, it aims to charge the least amount of interest on loans and provide the highest returns on deposits for its members. This non-profit financial cooperative is dedicated to prioritizing the financial well-being of its members.


Official website here: www.alluscu.com

Who is the CEO of Credit Unions In The State Of California?

Patrick Redo is the Ceo of Credit Unions In The State Of California. The CEO's salary of Credit Unions In The State Of California is $177,435 and their total compensation is $177,435.


Official website here: www.alluscu.com

What is the revenue of Credit Unions In The State Of California?

Credit Unions In The State Of California's revenue in 2021 was $1,776,453.


Official website here: www.alluscu.com

Who are the executives of Credit Unions In The State Of California and what are their salaries?

There 7 volunteers at Credit Unions In The State Of California.


Here are 8 key members and their salaries (Credit Unions In The State Of California's CEO's salary is $177,435 and their total compensation is $177,435):


Patrick Redo (Ceo)
  • Compensation: $177,435
  • Related: $0
  • Other: $0
Robert Vanderslice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Giboney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Pakish (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Mccall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Plascencia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bussard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alluscu.com

Where can I find the form 990 for Credit Unions In The State Of California?

Credit Unions In The State Of California's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.alluscu.com

Learn more at the official website: www.alluscu.com

Mission Statement of Credit Unions In The State Of California

AllUS Credit Union, a non-profit financial cooperative, is committed to serving its members by offering savings and loan services. The organization's mission is uniquely focused on ensuring its members benefit from the lowest interest rates on loans and the highest returns on their deposits. By prioritizing its members' financial well-being, AllUS Credit Union distinguishes itself as a financial institution that puts its members' interests first.

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Impact




October, 2024

Credit Unions in the State of California play a significant role in supporting local communities by providing accessible financial services, promoting economic stability, and fostering financial literacy among their members. Their focus on charging lower interest rates on loans and offering higher yields on deposits enhances financial well-being for individuals and families.

In cities like Salinas, credit unions serve as vital resources for residents, helping them manage their savings and debts more effectively. By catering to the unique financial needs of their members, they contribute to local economic growth, enabling communities to thrive. Furthermore, credit unions often engage in efforts to educate their members about financial management, empowering them to make informed decisions about their financial futures.

Overall, the impact of credit unions in California goes beyond traditional banking services; they strengthen community ties, provide financial support to underserved populations, and promote a culture of cooperation and mutual benefit among members.




This information is meant to be a general summary of Credit Unions In The State Of California. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,776,453 (2021)
Expenses
$1,540,572 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,354,530
  • Gross Receipts: $1,776,453

Assets and Liabilities:

  • Total Assets: $51,890,689
  • Total Liabilities: $44,896,176
  • Net Assets: $6,994,513

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Organization Details

Founding Year

1950

Principal Officer

Patrick Redo

Main Address

1410 North Main Street, Salinas, CA, 93906

NTEE Category

Code: W60 - Public benefit

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