Southland Credit Union

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

EIN: 951585409 ✦ Los alamitos, CA ✦ Designated as a 501(c)(14)

Overview

What is Southland Credit Union?

Southland Credit Union is a California-based financial institution, specifically located at 10701 Los Alamitos Blvd, Los Alamitos. With a dedicated team of 189 employees, they offer their membership affordable loans and high-yield deposit options, emphasizing financial literacy and security. In the year 2022, the credit union granted 20,025 loans and served 63,010 members. Their mission is to deliver exceptional, comprehensive, and innovative financial solutions with uniquely personal Southland service.


Official website here: www.southlandcu.org

Is Southland Credit Union legitimate?

Southland Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Southland 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,182,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,808,273

For more financial information, click here


Official website here: www.southlandcu.org

What is the mission statement of Southland Credit Union?

Southland Credit Union is committed to offering its members top-tier financial solutions, encompassing a wide range of comprehensive and innovative offerings. Delivered with a uniquely personal touch, the credit union's services aim to exceed members' expectations. Through low-cost loan options and high-yield deposit alternatives, Southland Credit Union empowers its members to make informed financial decisions and ensures their security. In 2022, the credit union granted 20,025 loans and provided services to a membership base of 63,010 individuals.


Official website here: www.southlandcu.org

Who is the CEO of Southland Credit Union?

Thomas Lent is the President/Ceo of Southland Credit Union. The CEO's salary of Southland Credit Union is $482,653 and their total compensation is $540,443.


Official website here: www.southlandcu.org

What is the revenue of Southland Credit Union?

Southland Credit Union's revenue in 2022 was $39,973,545.


Official website here: www.southlandcu.org

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

The average compensation at Southland Credit Union during 2022 was $74,028. There are 189 employees and 12 volunteers at Southland Credit Union.

Here are 18 key members and their salaries (Southland Credit Union's CEO's salary is $482,653 and their total compensation is $540,443):

    Thomas Lent (President/Ceo)
  • Compensation: $482,653
  • Related: $0
  • Other: $57,790

    • Rene Lejay (Evp/Coo)
  • Compensation: $303,658
  • Related: $0
  • Other: $31,503

    • Christopher Burns (Svp/Cfo)
  • Compensation: $280,247
  • Related: $0
  • Other: $27,127

    • Paul Walker (Mortgage Loan Counselor)
  • Compensation: $261,115
  • Related: $0
  • Other: $30,184

    • Matthew Herrick (Svp Marketing & Financial Services)
  • Compensation: $245,950
  • Related: $0
  • Other: $32,395

    • Bertrand Villavert (Vp Controller)
  • Compensation: $208,816
  • Related: $0
  • Other: $28,487

    • Curtis Bannock (Vp/Cio)
  • Compensation: $205,823
  • Related: $0
  • Other: $30,109

    • Patty Jimenez (Vp Lending)
  • Compensation: $209,393
  • Related: $0
  • Other: $22,609

    • Brad Silcox (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Cool (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Willingham (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dolores Arriola (Secretary/Treasurer (Thru 09/20/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Avery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Finnigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Laird (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Hiszpanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Manzano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southlandcu.org

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

    The Southland Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southlandcu.org

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

    Mission Statement of Southland Credit Union

    Southland Credit Union is committed to delivering exceptional, comprehensive, and innovative financial solutions to its members. This dedication is underpinned by a unique personal touch, embodied in the Southland Service that sets the organization apart.

    The mission of Southland Credit Union is twofold. First, they provide a wide range of financial services designed to cater to the diverse needs of their members. From low-cost loans to high-yield deposit options, Southland Credit Union strives to ensure its members have access to the financial tools they require to secure their financial future.

    Second, Southland Credit Union places a strong emphasis on financial literacy and security. By educating its members, the organization empowers them to make informed decisions about their money and build a solid financial foundation. During the year 2022, Southland Credit Union granted 20,025 loans and served over 63,010 members. This underscores the organization's commitment to providing valuable financial services and support to its membership.

    Impact

    This information is meant to be a general summary of Southland Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southland Credit Union's impact can be seen in the financial empowerment of its members through the provision of low-cost loans and high-yield deposit options. In 2022 alone, the credit union granted 20,025 loans and served 63,010 members, highlighting its commitment to supporting the financial well-being of individuals and families. Through its dedication to financial literacy and security, Southland Credit Union plays a significant role in helping its members make informed decisions and achieve their financial goals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $5,271,516
  • Program Service Revenue: $34,683,253
  • Gross Receipts: $120,930,521

    • Assets and Liabilities:
  • Total Assets: $1,085,641,771
  • Total Liabilities: $1,019,139,187
  • Net Assets: $66,502,584
  • Programs

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

    INTEREST INCOME ON LOANS

    Revenue

    $27,076,269

    FEES AND CHARGES

    Revenue

    $4,193,995

    INTERCHANGE INCOME

    Revenue

    $2,233,475

    OTHER OPERATING INCOME

    Revenue

    $1,179,514

    Organization Details

    Founding Year

    1936

    Principal Officer

    Thomas Lent

    Main Address

    10701 LOS ALAMITOS BLVD, LOS ALAMITOS, CA, 90720

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Southland Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.