Overview
What is Cabrillo Credit Union?
Cabrillo Credit Union is a non-profit, state-chartered financial institution based in San Diego, California. With a team of 101 employees, they serve 24,522 members by offering competitive and affordable financial services. These services include deposit and loan accounts that cater to the savings and checking account needs of their members. The credit union operates under the mission to provide financial assistance as a low-cost source of credit, benefiting the community it serves.
Official website here: www.cabrillocu.com
Is Cabrillo Credit Union legitimate?
Cabrillo Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cabrillo 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: $1,731,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,373,690
For more financial information, click here
Official website here: www.cabrillocu.com
What is the mission statement of Cabrillo Credit Union?
Cabrillo Credit Union is a non-profit, state-chartered financial institution serving its members. Its mission is to offer competitive and affordable financial services. By providing low-cost credit and financial solutions, the credit union aims to meet the diverse needs of its 24,522 members. It acts as a resource for members' savings and checking account requirements.
Official website here: www.cabrillocu.com
Who is the CEO of Cabrillo Credit Union?
Kevin Posey is the CEO of Cabrillo Credit Union The CEO's salary of Cabrillo Credit Union is $368,286 and their total compensation is $396,418.
Official website here: www.cabrillocu.com
What is the revenue of Cabrillo Credit Union?
Cabrillo Credit Union's revenue in 2023 was $19,750,188.
Official website here: www.cabrillocu.com
Who are the executives of Cabrillo Credit Union and what are their salaries?
The average compensation at Cabrillo Credit Union during 2023 was $65,644. There are 93 employees and 10 volunteers at Cabrillo Credit Union.
Here are 19 key members and their salaries (Cabrillo Credit Union's CEO's salary is $368,286 and their total compensation is $396,418):
- Compensation: $1,206
- Related: $0
- Other: $0
- Compensation: $899
- Related: $0
- Other: $0
- Compensation: $859
- Related: $0
- Other: $0
- Compensation: $868
- Related: $0
- Other: $0
- Compensation: $1,060
- Related: $0
- Other: $0
- Compensation: $884
- Related: $0
- Other: $0
- Compensation: $954
- Related: $0
- Other: $0
- Compensation: $867
- Related: $0
- Other: $0
- Compensation: $905
- Related: $0
- Other: $0
- Compensation: $883
- Related: $0
- Other: $0
- Compensation: $368,286
- Related: $0
- Other: $28,132
- Compensation: $231,820
- Related: $0
- Other: $13,361
- Compensation: $255,978
- Related: $0
- Other: $30,807
- Compensation: $249,998
- Related: $0
- Other: $20,408
- Compensation: $144,609
- Related: $0
- Other: $6,455
- Compensation: $124,623
- Related: $0
- Other: $4,638
- Compensation: $118,550
- Related: $0
- Other: $16,882
- Compensation: $114,191
- Related: $0
- Other: $20,648
- Compensation: $113,808
- Related: $0
- Other: $10,673
Official website here: www.cabrillocu.com
Where can I find the form 990 for Cabrillo Credit Union?
Cabrillo Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cabrillocu.com
Learn more at the official website: www.cabrillocu.com
Mission Statement of Cabrillo Credit Union
Cabrillo Credit Union, a non-profit, state-chartered natural person credit union, is dedicated to offering competitive and affordable financial services to its members. This NON-PROFIT organization prides itself on providing a LOW COST source of credit and financial services to its 24,522 members.
At the core of Cabrillo Credit Union's mission is the commitment to serving its community. The credit union goes beyond just offering deposit and loan accounts; it aims to be a trusted resource for its members when it comes to their savings and checking account needs. By providing these essential services at competitive rates, Cabrillo Credit Union empowers its members to manage their finances effectively and securely.
In essence, Cabrillo Credit Union is more than just a financial institution. It is a community-focused organization that puts its members first. By offering a range of financial products and services at affordable rates, the credit union plays a critical role in enabling its members to reach their financial goals and build a better future for themselves and their families.
Cabrillo Credit Union's mission is not only about providing financial services but also about creating a sense of community among its members. Through its dedication to offering competitive rates and low costs, the credit union fosters a strong bond with its members and helps them navigate the financial landscape with confidence.
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Impact
October, 2024
Cabrillo Credit Union plays a vital role in enhancing the financial well-being of its members in San Diego, California. With a focus on delivering competitive, low-cost financial services, Cabrillo serves 24,522 members by providing essential deposit and loan accounts tailored to meet diverse financial needs.
By offering affordable credit options and financial services, Cabrillo Credit Union empowers its members to achieve their financial goals while promoting savings and responsible spending. This community-focused institution not only fosters financial literacy but also strengthens the local economy by supporting its members' financial stability and growth. Through these efforts, Cabrillo Credit Union significantly contributes to the public benefit, enriching the lives of individuals and families in the region.
This information is meant to be a general summary of Cabrillo 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,774,286
- Program Service Revenue: $16,936,114
- Gross Receipts: $19,750,188
Assets and Liabilities:
- Total Assets: $423,725,270
- Total Liabilities: $391,865,303
- Net Assets: $31,859,967
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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
$12,560,263
OTHER OPERATING INCOME
Revenue
$2,635,244
FEE INCOME
Revenue
$1,740,607
Organization Details
Founding Year
1955
Phone
(858) 547-7400Principal Officer
Kevin Posey
Main Address
3710 RUFFIN ROAD, SAN DIEGO, CA, 92123
Website
www.cabrillocu.comNTEE Category
Code: W61 - Public benefit
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