Coast Central Credit Union

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

EIN: 941287157 ✦ Eureka, CA ✦ Designated as a 501(c)(14)

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Overview

What is Coast Central Credit Union?

Coast Central Credit Union is a financial institution based in Eureka, California, serving approximately 77,000 members. Their offerings include various deposit accounts such as savings, checking, money market, and savings certificates. Members can access these services through 11 branches, online, by phone, or via a vast network of ATMs. Coast Central Credit Union's mission is to serve as the primary financial institution for its members by providing high-quality financial services at competitive rates while maintaining financial strength. They aim to cater to their members' financial needs effectively.


Official website here: www.coastccu.org

What are the reviews and ratings of this charity?

Coast Central Credit Union is not currently rated by Charity Navigator. This nonprofit organization cannot be evaluated using the traditional methodologies applied by Charity Navigator because it is not registered as a 501(c)(3) nonprofit with the IRS. This means that standard analyses including Accountability & Finance, Impact & Measurement, Leadership & Adaptability, or Culture & Community cannot be conducted.

The lack of a rating from Charity Navigator does not imply a negative or positive perspective on Coast Central Credit Union. Instead, it reflects the structural limitations in evaluating certain types of organizations that do not conform to 501(c)(3) criteria, including those with subordinate status under a group ruling. Previously, any historical ratings given would primarily reflect financial accountability without consideration of leadership or community impact.

Despite the absence of available data, this does not inherently suggest ineffectiveness or issues within the credit union. Their designation simply places them outside the criteria of conventional evaluation methods used by Charity Navigator. Since there are no user reviews available on GreatNonprofits, further insight into public perspectives and experiences with Coast Central Credit Union is not obtainable at this time.


This AI summary has been generated from information found on Charity Navigator.

Is Coast Central Credit Union legitimate?

Coast Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Coast Central Credit Union 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: $1,552,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,584,396

For more financial information, click here


Official website here: www.coastccu.org

What is the mission statement of Coast Central Credit Union?

Coast Central Credit Union strives to be the primary financial institution for its members by offering high-quality financial services at competitive rates. This mission is aimed at maintaining financial strength while providing a range of deposit services including savings, checking, money market, and savings certificate accounts. Members can access these services through 11 member services branches, online, by phone, or through a large network of ATMs.


Official website here: www.coastccu.org

Who is the CEO of Coast Central Credit Union?

James Sessa is the President/Ceo of Coast Central Credit Union. The CEO's salary of Coast Central Credit Union is $1,036,206 and their total compensation is $1,108,958.


Official website here: www.coastccu.org

What is the revenue of Coast Central Credit Union?

Coast Central Credit Union's revenue in 2022 was $66,591,892.


Official website here: www.coastccu.org

Who are the executives of Coast Central Credit Union and what are their salaries?

The average compensation at Coast Central Credit Union during 2022 was $48,898. There are 330 employees and 12 volunteers at Coast Central Credit Union.


Here are 16 key members and their salaries (Coast Central Credit Union's CEO's salary is $1,036,206 and their total compensation is $1,108,958):


Ronald Rudebock (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Jones (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gladding (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Bailie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Mckenny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Pennekamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Bucher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klark Swan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sessa (President/Ceo)
  • Compensation: $1,036,206
  • Related: $0
  • Other: $72,752
Fred Moore (Evp/Cfo)
  • Compensation: $382,864
  • Related: $0
  • Other: $60,219
Robert Moore (Vp/Chief Credit Officer)
  • Compensation: $319,468
  • Related: $0
  • Other: $52,864
Colleen Toste (Vp/Marketing)
  • Compensation: $189,193
  • Related: $0
  • Other: $37,373
Ann Jadro-Bettiga (Vp/Human Resources)
  • Compensation: $244,530
  • Related: $0
  • Other: $63,054
Kristin Kuxhausen (Vp/Operations)
  • Compensation: $234,570
  • Related: $0
  • Other: $44,562
John Gracyalny (Vp/Member Digital Services)
  • Compensation: $232,993
  • Related: $0
  • Other: $42,798


Official website here: www.coastccu.org

Where can I find the form 990 for Coast Central Credit Union?

Coast Central Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coastccu.org

Learn more at the official website: www.coastccu.org

Mission Statement of Coast Central Credit Union

Coast Central Credit Union, with its mission to be the primary financial institution for its approximately 77,000 members, strives to provide high-quality financial services at favorable rates. The credit union's commitment to maintaining financial strength is a key part of its mission.

Coast Central Credit Union offers a range of deposit services to its members, including savings, checking, money market, and savings certificate accounts. Members can access these services through the credit union's 11 member services branches, online, by phone, or through a large network of ATMs. The credit union's dedication to delivering financial services to its members is reflected in its diverse access methods.

Coast Central Credit Union's mission is centered around ensuring that its members have access to competitively priced financial products. By focusing on maintaining financial strength, the credit union is able to offer these services while providing value to its members. The credit union's commitment to its members' financial well-being sets it apart as a trusted financial partner.

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Impact




October, 2024

Coast Central Credit Union serves approximately 77,000 members by offering a comprehensive range of financial services. These services include savings, checking, money market, and savings certificate accounts, designed to meet diverse financial needs. With 11 member service branches, as well as online, phone, and ATM access, the credit union ensures that financial services are readily available and convenient.

Its mission focuses on being the primary financial institution for its members, emphasizing high-quality service at competitive rates while maintaining financial stability. Coast Central Credit Union's dedication to providing these essential services fosters financial well-being within the community, ensuring that individuals and families have the resources they need to manage their finances effectively.




This information is meant to be a general summary of Coast Central Credit Union. 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
$66,591,892 (2022)
Expenses
$46,701,692 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,749,424
  • Program Service Revenue: $45,774,369
  • Gross Receipts: $66,667,199

Assets and Liabilities:

  • Total Assets: $2,039,204,894
  • Total Liabilities: $1,909,888,337
  • Net Assets: $129,316,557

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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

$31,083,939

SERVICE INCOME

Revenue

$14,690,430

Organization Details

Founding Year

1950

Principal Officer

James Sessa

Main Address

2650 HARRISON AVENUE, EUREKA, CA, 95501

NTEE Category

Code: W60 - Public benefit

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