Overview
What is The Police Credit Union Of California?
The Police Credit Union of California is a cooperative based in San Bruno, California, with an address at 1250 Grundy Lane, ZIP code 94066. Founded to promote thrift and savings among its members, the credit union provides consumer loans and creates a source of credit for them with interest rates determined by the board of directors. Its offerings include vehicle loans, credit cards, and personal lines of credit. The credit union is democratically owned and operated, allowing members to control their own money for their economic and social improvement. The Police Credit Union of California conducts its business for the mutual benefit and general welfare of its members, distributing earnings, savings, benefits, or services back to them as patronage. The cooperative has a workforce of 166 employees.
Official website here: www.thepolicecu.org
What are the reviews and ratings of this charity?
The Police Credit Union of California does not currently have a rating from Charity Navigator. As the organization is not a 501(c)(3) IRS-registered nonprofit, it is ineligible for Charity Navigator's evaluation, which primarily focuses on accountability and finance aspects for eligible nonprofits. Hence, the absence of a rating is not an indication of positive or negative performance.
The organization cannot be evaluated under Charity Navigator's additional beacons, such as Leadership & Adaptability, Culture & Community, or Impact & Measurement due to its foundation status. As a subordinate in a group ruling, certain organizational aspects like revenue, expenses, and key person salaries remain undisclosed in the available data.
No user reviews for The Police Credit Union of California are available on GreatNonprofits, and as a result, there's no insight into general public sentiment or personal experiences with the organization. Without these user reviews, an assessment of the nonprofit's community impact or operational effectiveness from a user perspective remains unspecified.
This AI summary has been generated from information found on Charity Navigator.
Is The Police Credit Union Of California legitimate?
The Police Credit Union Of California is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Police Credit Union 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: $4,119,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,277,260
For more financial information, click here
Official website here: www.thepolicecu.org
What is the mission statement of The Police Credit Union Of California?
The Police Credit Union of California functions as a cooperative, dedicated to fostering savings among its members. Its primary goal is to create a lending source for its members with interest rates determined by the board of directors. Members have the opportunity to manage their own funds in a democratic manner, with the aim of enhancing their economic and social conditions. As a cooperative, the Credit Union conducts its business for the mutual benefit and overall well-being of its members. The earnings, savings, and benefits of the Credit Union are redistributed to its members as patronage.
Official website here: www.thepolicecu.org
Who is the CEO of The Police Credit Union Of California?
Eddie Young is the Chairman of The Police Credit Union Of California. The CEO's salary of The Police Credit Union Of California is $665,973 and their total compensation is $699,490.
Official website here: www.thepolicecu.org
What is the revenue of The Police Credit Union Of California?
The Police Credit Union Of California's revenue in 2022 was $36,091,667.
Official website here: www.thepolicecu.org
Who are the executives of The Police Credit Union Of California and what are their salaries?
The average compensation at The Police Credit Union Of California during 2022 was $86,728. There are 166 employees and 10 volunteers at The Police Credit Union Of California.
Here are 25 key members and their salaries (The Police Credit Union Of California's CEO's salary is $665,973 and their total compensation is $699,490):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $665,973
- Related: $0
- Other: $33,517
- Compensation: $286,093
- Related: $0
- Other: $53,497
- Compensation: $278,146
- Related: $0
- Other: $22,231
- Compensation: $249,756
- Related: $0
- Other: $26,153
- Compensation: $243,386
- Related: $0
- Other: $54,451
- Compensation: $222,509
- Related: $0
- Other: $6,642
- Compensation: $208,928
- Related: $0
- Other: $34,779
- Compensation: $202,397
- Related: $0
- Other: $24,122
- Compensation: $198,886
- Related: $0
- Other: $62,695
- Compensation: $184,685
- Related: $0
- Other: $14,154
- Compensation: $180,170
- Related: $0
- Other: $13,861
- Compensation: $180,148
- Related: $0
- Other: $14,396
- Compensation: $179,442
- Related: $0
- Other: $23,392
- Compensation: $194,397
- Related: $0
- Other: $15,494
- Compensation: $157,117
- Related: $0
- Other: $21,053
- Compensation: $173,294
- Related: $0
- Other: $13,971
- Compensation: $157,576
- Related: $0
- Other: $43,597
- Compensation: $156,762
- Related: $0
- Other: $37,385
Official website here: www.thepolicecu.org
Where can I find the form 990 for The Police Credit Union Of California?
The Police Credit Union Of California's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thepolicecu.org
Learn more at the official website: www.thepolicecu.org
Mission Statement of The Police Credit Union Of California
The Police Credit Union of California, a cooperative established with the primary goal of promoting thrift and savings among its members, exists to create a reliable source of credit for them at board-determined interest rates. This member-owned financial institution offers its members an opportunity to manage their own money democratically, aiming to enhance their economic and social conditions.
As a cooperative, the Police Credit Union of California operates with the mutual benefit and general welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are distributed back to its members, acting as a democratic patronage. The organization's mission is geared towards improving the financial well-being of its members by providing them with the tools to save and access affordable credit.
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Impact
October, 2024
The Police Credit Union of California has a significant impact by promoting thrift and savings among its members, primarily serving law enforcement personnel and their families. It offers a wide array of consumer loans, including vehicle loans, credit cards, and personal lines of credit, making it easier for members to access the financial resources they need.
By providing competitive interest rates and fostering a sense of community, the credit union empowers its members to take control of their finances and make informed decisions. This cooperative model not only enhances the economic well-being of its members but also contributes to their overall social conditions, reinforcing the idea that financial services can be tailored to meet the unique needs of specific communities. With dedicated efforts towards mutual benefit, the Police Credit Union of California plays a crucial role in strengthening the financial health and stability of its members.
This information is meant to be a general summary of The Police Credit Union 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,900,269
- Program Service Revenue: $30,191,398
- Gross Receipts: $36,091,667
Assets and Liabilities:
- Total Assets: $1,093,871,725
- Total Liabilities: $1,007,356,250
- Net Assets: $86,515,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$22,087,726
OTHER OPERATING INCOME
Revenue
$5,668,549
FEE INCOME
Revenue
$2,435,123
Organization Details
Founding Year
1953
Phone
(415) 564-3800Principal Officer
Eddie Young
Main Address
1250 GRUNDY LANE, SAN BRUNO, CA, 94066
Website
www.thepolicecu.orgNTEE Category
Code: W60 - Public benefit
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