Safeamerica 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: 941664405 ✦ Pleasanton, CA ✦ Designated as a 501(c)(14)

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Overview

What is Safeamerica Credit Union?

Safeamerica Credit Union is a financial institution based in Pleasanton, California, with an address at 6001 Gibraltar Drive, ZIP code 94588. The credit union prioritizes personal service and offers a range of attractive financial products to its members. With a team of 90 employees, they are committed to acting in the best interest of their members, delivering value proportionate to costs, and maintaining ethical and financially sound operations. Safeamerica Credit Union provides share drafts, share accounts, and share certificates to its members.


Official website here: www.safeamerica.com

What are the reviews and ratings of this charity?

Safeamerica Credit Union is not currently rated by Charity Navigator. The lack of a rating is due to the organization not meeting the requirements for an Accountability & Finance beacon or an Impact & Measurement beacon. It's important to note that the absence of a rating on Charity Navigator does not necessarily indicate a positive or negative assessment of the organization.

Historically, Charity Navigator's evaluations primarily focused on an early version of today's Accountability and Finance scores, which are not available for Safeamerica Credit Union. This organization's revenue, expenses, and key person salaries are not reported, further limiting the ability to provide a comprehensive rating. Moreover, their status as a non-501(c)(3) nonprofit excludes them from the standard Charity Navigator evaluations.

While no user reviews are available on GreatNonprofits, this absence means there is no additional community feedback to inform the public about Safeamerica Credit Union's operations or impact. Potential members or stakeholders may need to seek other sources of information when considering engagement with this credit union.


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

Is Safeamerica Credit Union legitimate?

Safeamerica Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Safeamerica 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: $706,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,526,089

For more financial information, click here


Official website here: www.safeamerica.com

What is the mission statement of Safeamerica Credit Union?

Safeamerica Credit Union is committed to delivering superior personal service and offering attractive financial products to its members. The credit union's mission is grounded in putting members' interests first and providing value relative to cost. By operating ethically and in a financially sound manner, Safeamerica Credit Union aims to earn the trust and confidence of its members. The credit union offers various types of accounts, including share draft, share accounts, and share certificates.


Official website here: www.safeamerica.com

Who is the CEO of Safeamerica Credit Union?

Frank Zampella is the Treasurer/Secretary of Safeamerica Credit Union. The CEO's salary of Safeamerica Credit Union is $441,845 and their total compensation is $484,916.


Official website here: www.safeamerica.com

What is the revenue of Safeamerica Credit Union?

Safeamerica Credit Union's revenue in 2022 was $21,376,777.


Official website here: www.safeamerica.com

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

The average compensation at Safeamerica Credit Union during 2022 was $69,253. There are 90 employees and 7 volunteers at Safeamerica Credit Union.


Here are 14 key members and their salaries (Safeamerica Credit Union's CEO's salary is $441,845 and their total compensation is $484,916):


Susan Walls (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Zampella (Chairperson)
  • Compensation: $3,952
  • Related: $0
  • Other: $0
Brian Schultz (Exeutive Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Bailey (Board Member)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Patricia Carlson (Board Member)
  • Compensation: $3,241
  • Related: $0
  • Other: $0
Tracy Thames (Board Member)
  • Compensation: $2,984
  • Related: $0
  • Other: $0
Jason Chang (Board Member)
  • Compensation: $1,815
  • Related: $0
  • Other: $0
Thomas Graves (President/Ceo)
  • Compensation: $441,845
  • Related: $0
  • Other: $43,071
Lynn Luu (Accounting Manager)
  • Compensation: $167,209
  • Related: $0
  • Other: $40,514
Stefany Chadbon-Hooke (Vp & Chief People & Places)
  • Compensation: $334,496
  • Related: $0
  • Other: $27,212
Anthony Rappa (Vp & Chief Retail Officer)
  • Compensation: $242,695
  • Related: $0
  • Other: $10,978
Steven Page (Vp & Chief Marketng, Digital & It Officer)
  • Compensation: $308,163
  • Related: $0
  • Other: $25,272
Amrita Prasad (Vp & Chief Lending & Collections)
  • Compensation: $308,725
  • Related: $0
  • Other: $29,606
Pablo Cornejo (Retail Branch Manager)
  • Compensation: $209,473
  • Related: $0
  • Other: $17,348


Official website here: www.safeamerica.com

Where can I find the form 990 for Safeamerica Credit Union?

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


Official website here: www.safeamerica.com

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

Mission Statement of Safeamerica Credit Union

Safeamerica Credit Union, a financial institution dedicated to its members, is committed to delivering superior personal service and offering appealing financial products. The organization operates with the primary goal of serving the best interests of its members, providing value that justifies the cost, and earning their trust and confidence through ethical and financially sound practices. Safeamerica Credit Union's offerings include Share Draft accounts, Share Accounts, and Share Certificates. As a testament to their dedication, they ensure their practices align with their mission, offering member-focused solutions and maintaining a solid financial footing. By prioritizing the needs of their members and upholding ethical standards, Safeamerica Credit Union has built a reputation for being a trusted financial partner.

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Impact




October, 2024

SafeAmerica Credit Union significantly impacts its community by offering superior personal service coupled with attractive financial products tailored to meet the needs of its members. Located in Pleasanton, CA, it provides various services including share draft accounts, share accounts, and share certificates, all designed to enhance the financial well-being of its members.

The credit union is dedicated to serving the best interests of its members, focusing on delivering value relative to cost. By prioritizing ethical practices and financial soundness, SafeAmerica earns the trust and confidence of its members, fostering a sense of community and financial security. Its commitment to public benefit ensures that it continues to play a vital role in the financial landscape, making a positive difference in the lives of those it serves.




This information is meant to be a general summary of Safeamerica 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
$21,376,777 (2022)
Expenses
$17,645,567 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $955,007
  • Program Service Revenue: $20,421,770
  • Gross Receipts: $21,376,777

Assets and Liabilities:

  • Total Assets: $532,148,907
  • Total Liabilities: $491,107,033
  • Net Assets: $41,041,874

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME

Revenue

$17,955,878

FEES, CHARGES & OTHER

Revenue

$2,387,071

FINANCE & INSURANCE

Revenue

$78,821

Organization Details

Founding Year

1953

Principal Officer

Frank Zampella

Main Address

6001 GIBRALTAR DRIVE, PLEASANTON, CA, 94588

NTEE Category

Code: W60 - Public benefit

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