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Adelfi 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: 956111723 ✦ Brea, CA ✦ Designated as a 501(c)(14)

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Overview

What is Adelfi Credit Union?

Adelfi Credit Union is a credit union based in Brea, California, with an address at 955 West Imperial Highway Suite 100, ZIP code 92821. The organization caters to a membership of 15,213 individuals as of December 31, 2022. Adelfi's mission is to collaborate with individuals, families, Christ-centered ministries, and businesses to securely manage and expand their financial resources. By banking with Adelfi, members contribute to collective growth and sharing of financial assets, extending the impact beyond their immediate circle. The credit union employs a team of 116 staff members.


Official website here: www.adelfibanking.com

What are the reviews and ratings of this charity?

Adelfi Credit Union is not currently rated by Charity Navigator primarily due to its classification issues. Since it is not a 501(c)(3) nonprofit, Charity Navigator's usual evaluation metrics, such as Accountability & Finance, Impact & Measurement, and Leadership & Adaptability methodologies, aren't applicable. Therefore, the lack of a rating should not be viewed as a positive or negative reflection of the organization.

Without concrete evaluation criteria applicable due to its classification, Charity Navigator does not provide any financial data like total revenue, expenses, or key salary figures for Adelfi Credit Union. This absence of financial data complicates a comprehensive financial efficiency assessment. However, some IRS data indicates the organization's status in terms of taxation and group affiliation.

No user reviews or community insights are available on GreatNonprofits for Adelfi Credit Union. This limits the ability to gauge community perception or member satisfaction, leaving a gap in understanding the organization's impact from a user experience perspective.


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

Is Adelfi Credit Union legitimate?

Adelfi Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Adelfi 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: $2,722,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,244,988

For more financial information, click here


Official website here: www.adelfibanking.com

What is the mission statement of Adelfi Credit Union?

Adelfi Credit Union's mission is to collaborate with individuals, families, ministries, and businesses to safeguard, foster growth, and generously share their financial resources. By joining Adelfi, members contribute to a collective impact, extending a helping hand to many within their faith-based community. The credit union offers various financial services and empowers its members to make a difference in each other's lives. Its membership base, comprising of over 15,000 individuals as of December 2022, continues to grow, enabling more opportunities for financial support and communal advancement.


Official website here: www.adelfibanking.com

Who is the CEO of Adelfi Credit Union?

Abel Luis Pomar is the CEO of Adelfi Credit Union The CEO's salary of Adelfi Credit Union is $824,550 and their total compensation is $874,184.


Official website here: www.adelfibanking.com

What is the revenue of Adelfi Credit Union?

Adelfi Credit Union's revenue in 2023 was $32,611,638.


Official website here: www.adelfibanking.com

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

The average compensation at Adelfi Credit Union during 2023 was $93,154. There are 107 employees and 15 volunteers at Adelfi Credit Union.

Here are 23 key members and their salaries (Adelfi Credit Union's CEO's salary is $824,550 and their total compensation is $874,184):


Abel Luis Pomar (President Ceo)
  • Compensation: $824,550
  • Related: $0
  • Other: $49,634
Nicolette Harms (Svp Cfo)
  • Compensation: $434,688
  • Related: $0
  • Other: $47,865
Bentley Hatcher (Svp Chief Lending Officer)
  • Compensation: $434,524
  • Related: $0
  • Other: $45,504
Charles Kelly (Svp Chief Technology Officer)
  • Compensation: $327,824
  • Related: $0
  • Other: $43,893
Susan Rushing (Svp Chief Risk Officer)
  • Compensation: $317,522
  • Related: $0
  • Other: $25,613
Jimmy Lee (Svp Chief Marketing Officer)
  • Compensation: $299,328
  • Related: $0
  • Other: $41,485
Brian Constable (Vp Enterprise Banking)
  • Compensation: $258,051
  • Related: $0
  • Other: $41,834
David Steven (Director Of Participation Operations)
  • Compensation: $239,764
  • Related: $0
  • Other: $15,659
Heath Burke (Vp Information Technology)
  • Compensation: $202,467
  • Related: $0
  • Other: $41,114
Wilhelmina Salcedo (Vp Accounting)
  • Compensation: $189,547
  • Related: $0
  • Other: $36,543
Dianna Reynolds (Vp Compliance And Internal Controls)
  • Compensation: $195,565
  • Related: $0
  • Other: $19,476
Carey Price (Svp Chief Banking Officer)
  • Compensation: $72,979
  • Related: $0
  • Other: $3,270
Robert Todd Anderson (Treasurer, Director)
  • Compensation: $6,294
  • Related: $0
  • Other: $0
Christopher Montes (Vice-Chair, Director)
  • Compensation: $4,788
  • Related: $0
  • Other: $0
Graham Crain (Chairman, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bastian (Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Guttau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Igreti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Hoxie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilda Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryn Ryan (Secretary, Director (Retired Dec23))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adelfibanking.com

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

Adelfi Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.adelfibanking.com

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

Mission Statement of Adelfi Credit Union

Adelfi Credit Union is a financial institution that collaborates with individuals, families, Christ-centered ministries, and businesses to safeguard, expand, and mutually share their financial assets. By becoming members of Adelfi, people contribute to a collective endeavor that extends far beyond their own financial well-being.

In the heart of its mission, Adelfi Credit Union fosters a sense of unity and shared responsibility among its members. Through the accounts held at Adelfi, each member plays a part in advancing the Kingdom, enabling one person to positively impact numerous others in the community of faith. This unique approach to financial services empowers members to pool their resources and leverage them to create a ripple effect of growth and prosperity.

The membership base of Adelfi Credit Union, which totaled 15,213 as of December 31, 2022, is the driving force behind this collaborative mission. As they manage their finances within this supportive network, members not only benefit from the protection and growth opportunities Adelfi offers but also contribute to the collective success of the institution and the broader Christian community it serves.

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Impact




October, 2024

Adelfi Credit Union plays a significant role in fostering financial well-being within the community of Brea, CA, and beyond. By partnering with individuals, families, Christ-centered ministries, and businesses, Adelfi helps its members protect, grow, and share their financial resources effectively.

With a membership of 15,213 as of December 31, 2022, Adelfi creates a network of support that empowers members to achieve their financial goals while also contributing to the advancement of the Kingdom. Through the credit union's services, members not only secure their financial future but also engage in initiatives that benefit others, reflecting a shared commitment to service and community impact. This collective effort facilitates a cycle of generosity and support that extends far beyond individual accounts, creating a larger ripple effect in the lives of many.




This information is meant to be a general summary of Adelfi 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
$32,611,638 (2023)
Expenses
$31,295,089 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,343,440
  • Program Service Revenue: $28,268,198
  • Gross Receipts: $32,611,638

Assets and Liabilities:

  • Total Assets: $574,129,929
  • Total Liabilities: $484,882,336
  • Net Assets: $89,247,593

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Programs

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

Interest from loans to members

Revenue

$21,497,973

Non-Interest fee income

Revenue

$6,770,225

Organization Details

Founding Year

1964

NTEE Category

Code: W61 - Public benefit

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