Usc Credit Union

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

EIN: 954110181 ✦ Los angeles, CA ✦ Designated as a 501(c)(14)

Overview

What is Usc Credit Union?

Usc Credit Union, based in Los Angeles, California, is a nonprofit financial institution serving the University of Southern California community. As of June 30, 2022, they catered to 75,734 members, providing them with essential financial services. The mission of Usc Credit Union is to offer financial assistance to faculty, staff, students, and alumni of USC.


Official website here: www.usccreditunion.org

Is Usc Credit Union legitimate?

Usc Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Usc 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: $1,386,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,438,495

For more financial information, click here


Official website here: www.usccreditunion.org

What is the mission statement of Usc Credit Union?

The Usc Credit Union is dedicated to offering financial services to its core membership, which comprises the faculty, staff, students, and alumni of the University of Southern California. The mission of the credit union is to cater to this specific group of individuals. As of June 30, 2022, the credit union had served 75,734 members. The organization takes pride in providing essential financial services to its membership base.


Official website here: www.usccreditunion.org

Who is the CEO of Usc Credit Union?

Gary Perez is the Chief Executive Officer of Usc Credit Union. The CEO's salary of Usc Credit Union is $319,284 and their total compensation is $368,322.


Official website here: www.usccreditunion.org

What is the revenue of Usc Credit Union?

Usc Credit Union's revenue in 2022 was $21,672,643.


Official website here: www.usccreditunion.org

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

Here are 18 key members and their salaries (Usc Credit Union's CEO's salary is $319,284 and their total compensation is $368,322):

    Gary Perez (Chief Executive Officer)
  • Compensation: $319,284
  • Related: $0
  • Other: $49,038

    • David Schauer-West (Chief Information Officer)
  • Compensation: $171,416
  • Related: $0
  • Other: $33,619

    • Michael Rogers (Chief Financial Officer)
  • Compensation: $179,554
  • Related: $0
  • Other: $21,569

    • Jeff Gallery (Chief Lending Officer)
  • Compensation: $158,863
  • Related: $0
  • Other: $18,750

    • Tere Denison (Chief Experience Officer)
  • Compensation: $123,784
  • Related: $0
  • Other: $36,736

    • Daniel Paris (Vp, Human Resources)
  • Compensation: $141,108
  • Related: $0
  • Other: $18,189

    • Valerie Ives (Vp, Consumer Lending)
  • Compensation: $130,577
  • Related: $0
  • Other: $25,145

    • Christina Schwarz (Vp, Real Estate)
  • Compensation: $116,126
  • Related: $0
  • Other: $36,978

    • Irene Rodriguez (Vp, Business Development)
  • Compensation: $128,195
  • Related: $0
  • Other: $24,618

    • Sandra Gonzalez (Vp, Retail Experience)
  • Compensation: $114,101
  • Related: $0
  • Other: $35,090

    • Gavin Galimi (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Broughton (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Ho (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Escobar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peer Fiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerald Jellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Smyth-Paxson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.usccreditunion.org

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

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


    Official website here: www.usccreditunion.org

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

    Mission Statement of Usc Credit Union

    Usc Credit Union, a financial institution dedicated to serving the University of Southern California community, strives to provide essential financial services to its core membership. Comprised of faculty, staff, students, and alumni, this diverse group is at the heart of Usc Credit Union's mission. The financial cooperative is committed to catering to the monetary needs of its members, fostering financial stability and security.

    As of June 30, 2022, Usc Credit Union had successfully served 75,734 members. By offering a comprehensive suite of financial products and services, the union enables its members to manage their finances effectively and secure their financial future. Members can access various services, from savings and checking accounts to loans and credit cards, all tailored to their unique requirements.

    Usc Credit Union's unwavering dedication to its members sets it apart. By focusing on serving the University of Southern California community, it fosters a strong sense of belonging and connection among its members. The financial institution's mission is more than just providing financial services; it's about building relationships and creating a supportive network for its members. In essence, Usc Credit Union empowers its members to thrive financially, enabling them to focus on their personal and professional growth.

    Impact

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




    Thursday, August 15, 2024

    Usc Credit Union's impact lies in providing essential financial services to its core membership, including faculty, staff, students, and alumni of the University of Southern California. With a significant membership base of 75,734 individuals as of June 30, 2022, the credit union plays a vital role in supporting the financial well-being of its community in Los Angeles, California. By offering a range of financial products and services tailored to the needs of its members, Usc Credit Union contributes to their financial stability and security. Its mission to provide accessible financial services underscores its commitment to serving the USC community and delivering public benefit through its operations.





    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: $1,622,537
  • Program Service Revenue: $19,662,485
  • Gross Receipts: $22,103,299

    • Assets and Liabilities:
  • Total Assets: $754,273,547
  • Total Liabilities: $710,521,770
  • Net Assets: $43,751,777
  • Programs

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

    INTEREST ON LOANS TO MEMBERS

    Revenue

    $14,818,366

    FEES AND CHARGES

    Revenue

    $3,973,484

    GAIN ON SALE OF LOANS

    Revenue

    $524,737

    COMMISSION INCOME

    Revenue

    $334,796

    PATRONAGE REFERRAL INCOME

    Revenue

    $11,102

    Organization Details

    Founding Year

    1973

    Principal Officer

    Gary Perez

    Main Address

    3720 S FLOWER ST 4TH FLOOR, LOS ANGELES, CA, 90089

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Usc 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.