Glendale Area Schools Credit Union

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

EIN: 951652351 ✦ Glendale, CA ✦ Designated as a 501(c)(14)

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Overview

What is Glendale Area Schools Credit Union?

Glendale Area Schools Credit Union is a California-state chartered, non-profit credit union with a membership base of over 11,000 individuals. Based at 1800 Broadview Dr in Glendale, CA (91208), the union offers deposit and loan accounts, serving as a competitive and affordable financial services provider for its members. With a team of 42 employees, the credit union aims to accommodate the savings and checking account needs of its members, providing them with a reliable source of credit and various financial services.


Official website here: www.gascu.org

Is Glendale Area Schools Credit Union legitimate?

Glendale Area Schools Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Glendale Area Schools 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: $557,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,629,535

For more financial information, click here


Official website here: www.gascu.org

What is the mission statement of Glendale Area Schools Credit Union?

Glendale Area Schools Credit Union is a non-profit, state-chartered credit union dedicated to serving its members. Its mission is to provide competitive financial services, offering a range of deposit and loan accounts to over 11,000 individuals. By acting as a low-cost source of credit and financial services, the credit union caters to its members' savings and checking account needs. The institution aims to enhance the financial well-being of its community, enabling them to access essential financial products and services.


Official website here: www.gascu.org

Who is the CEO of Glendale Area Schools Credit Union?

Wesley Walton is the Ceo of Glendale Area Schools Credit Union. The CEO's salary of Glendale Area Schools Credit Union is $279,375 and their total compensation is $306,375.


Official website here: www.gascu.org

What is the revenue of Glendale Area Schools Credit Union?

Glendale Area Schools Credit Union's revenue in 2022 was $13,019,399.


Official website here: www.gascu.org

Who are the executives of Glendale Area Schools Credit Union and what are their salaries?

The average compensation at Glendale Area Schools Credit Union during 2022 was $52,074. There are 42 employees and 12 volunteers at Glendale Area Schools Credit Union.


Here are 15 key members and their salaries (Glendale Area Schools Credit Union's CEO's salary is $279,375 and their total compensation is $306,375):


Wesley Walton (Ceo)
  • Compensation: $279,375
  • Related: $0
  • Other: $27,000
Doria Hilleary (Coo)
  • Compensation: $115,972
  • Related: $0
  • Other: $12,173
Christine Cruz (Cfo)
  • Compensation: $115,075
  • Related: $0
  • Other: $7,968
Jade Dhatchayangkul (Sc Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Trulik (Board Mbr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Freemon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Dinger (Supervisory Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Virgallito (Sc Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mirch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Goldsworthy (Supervisory Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pehar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ross (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Stephen Justice (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Risse (Supervisory Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bates (Vice Chairperso)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gascu.org

Where can I find the form 990 for Glendale Area Schools Credit Union?

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


Official website here: www.gascu.org

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

Mission Statement of Glendale Area Schools Credit Union

Glendale Area Schools Credit Union, a non-profit, state-chartered credit union, is dedicated to offering competitive financial services to its members. The organization's primary mission is to provide an affordable source of credit and low-cost financial services to its 11,317 members. By doing so, it serves as a valuable resource for meeting the savings and checking account needs of its community.

Glendale Area Schools Credit Union operates on a not-for-profit basis, with the focus on supporting its members. It prides itself on delivering financial solutions that cater to the unique requirements of its community. The credit union's services are designed to ensure that members have access to essential banking products that help them manage their finances effectively. In providing these services, the credit union plays a crucial role in enhancing the financial well-being of its members.

In summary, Glendale Area Schools Credit Union is a non-profit financial institution that is committed to offering competitive financial services to its members. By providing a low-cost source of credit and other financial services, it aims to meet the diverse banking needs of its growing membership base. The credit union's mission is to empower its members by offering them the tools they need to effectively manage their finances, ensuring they have access to essential services that contribute to their financial security and stability.

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Impact




October, 2024

Glendale Area Schools Credit Union plays a vital role in its community by offering competitive financial services to its members, which number over 11,300. It provides essential deposit and loan accounts that cater to both savings and checking needs, ensuring that members have access to safe and reliable financial options. By offering low-cost sources of credit and affordable financial services, the credit union helps enhance financial wellness among its members, supporting their individual and communal economic stability. Its commitment to serving the financial needs of the Glendale area schools community fosters a sense of belonging and support, ultimately contributing to the broader public benefit in the local area.




This information is meant to be a general summary of Glendale Area Schools 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
$13,019,399 (2022)
Expenses
$7,734,619 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,155,916
  • Program Service Revenue: $3,705,392
  • Gross Receipts: $13,044,668

Assets and Liabilities:

  • Total Assets: $441,925,246
  • Total Liabilities: $399,778,108
  • Net Assets: $42,147,138

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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

$3,705,392

Organization Details

Founding Year

2016

Principal Officer

Wesley Walton

Main Address

1800 BROADVIEW DR, GLENDALE, CA, 91208

NTEE Category

Code: W60 - Public benefit

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