Credit Unions In The State Of California

Organization Overview

Credit Unions In The State Of California is located in Santa Rosa, CA. The organization was established in 1961. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Credit Unions In The State Of California employed 797 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions In The State Of California is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Credit Unions In The State Of California generated $249.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $149.8m during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL PRODUCTS AND SERVICES TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REDWOOD CREDIT UNION IS ENGAGED IN PROVIDING LOW COST FINANCIAL SERVICES TO OUR MEMBER-OWNERS AS A COOPERATIVE ORGANIZATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Western Builders
General Contractors
$20,305,373
Jack Henry & Associates
Atm Services
$1,656,588
Infolmage Inc
Statements Provider
$2,163,783
Quest
It Consulting
$1,947,136
Axia Architects
Architectural & Design Services
$1,764,673
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$244,650,227
Investment income $4,079,002
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $82,608
Net Gain/Loss on Asset Sales $160,853
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $248,972,690

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Credit Unions In The State Of California has recieved totaling $20,000.

Awarding OrganizationAmount
Safe Credit Union

Folsom, CA

PURPOSE: Support for fire victims in Northern California communities

$20,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
The Golden 1 Credit Union
Sacramento, CA
$525,382,897
Patelco Credit Union
Dublin, CA
$276,202,116
Onpoint Community Credit Union
Portland, OR
$300,691,175
San Diego County Credit Union
San Diego, CA
$305,241,036
Credit Unions In The State Of California
Pasadena, CA
$207,665,347
Credit Unions In The State Of California
Santa Rosa, CA
$248,972,690
Travis Credit Union
Vacaville, CA
$194,928,518
Safe Credit Union
Folsom, CA
$162,136,670
California Credit Union
Glendale, CA
$164,391,792
Credit Unions In The State Of California
Sunnyvale, CA
$197,844,755
Educational Employees Credit Union
Fresno, CA
$140,033,802
Oregon Community Credit Union
Eugene, OR
$182,242,816

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