Nonprofit · EIN 94-1244186
CREDIT UNIONS IN THE STATE OF CALIFORNIA
Also known as REDWOOD CREDIT UNION
Tax-exempt · SANTA ROSA, CA 95403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $503,959,465 | $388,166,858 | $115,792,607 | $9,109,279,837 | $8,004,008,206 | $1,105,271,631 |
| December 31, 2023 | 990 | $423,001,934 | $297,258,008 | $125,743,926 | $8,510,071,050 | $7,525,653,106 | $984,417,944 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $422,197,724
- Investment income
- $81,671,698
- Net rental income
- $90,043
- Net gain from sales of assets
- -$89,012
- Other revenue
- $90,043
Expenses
- Grants and similar amounts paid
- $250,000
- Benefits paid to members
- $146,809,294
- Compensation of officers, directors and key employees
- $11,228,281
- Other salaries and wages
- $78,534,378
- Salaries, compensation and benefits (total)
- $109,930,094
- Professional fundraising fees
- $0
- Legal fees
- $527,359
- Accounting fees
- $264,854
- Occupancy
- $8,203,763
- Depreciation
- $9,623,377
Balance sheet and other
- Total assets, start of year
- $8,510,071,050
- Total assets, end of year
- $9,109,279,837
- Total liabilities, end of year
- $8,004,008,206
- Net assets, end of year
- $1,105,271,631
- Land, buildings and equipment
- $125,517,050
- Publicly traded securities
- $490,066,437
- Gross unrelated business income
- $281,060
- Gross receipts
- $504,075,566
- Employees
- 1,066
- Volunteers
- 11
- Year formed
- 1950
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRETT MARTINEZ | PRESIDENT/CEO Officer | 40 | $1,801,884 | $519,653 |
| ANTHONY HILDESHEIM | EVP/CHIEF ADMIN OFFICER Officer | 40 | $1,016,297 | $369,249 |
| MICHAEL DEFAZIO | WEALTH ADVISOR Highest-paid employee | 40 | $1,053,262 | $20,989 |
| RONALD FELDER | EVP/CHIEF LENDING OFFICER Officer | 40 | $765,745 | $228,469 |
| NICOLE SCHAEFER | EXTERNAL MORTGAGE LOAN OFF Highest-paid employee | 40 | $843,714 | $22,113 |
| MISHEL KAUFMAN | EVP/CHIEF OP & RISK OFFICE Officer | 40 | $595,329 | $216,958 |
| KRISTEN MAHLMANN | EVP/CHIEF FINANCIAL OFFICER Officer | 40 | $572,074 | $155,158 |
| JULIE LYNCH | WEALTH ADVISOR Highest-paid employee | 40 | $677,460 | $22,295 |
| MICHELLE ANDERSON | EVP/CHIEF LENDING OFFICER (THRU 6/24) Key employee | 40 | $638,827 | $53,238 |
| THOMAS HUBERT | SVP/AUTO, INSURANCE & WEALTH (THRU 10/31/24) Key employee | 40 | $473,675 | $144,767 |
| DEIDRE HOLMES THOMPSON | SVP/MEMBER EXPERIENCE Key employee | 40 | $387,518 | $179,464 |
| TODD LINDEMANN | SVP/PAYMENTS Key employee | 40 | $381,010 | $156,824 |
| KRISTINA DERKOS | FORMER SVP/PEOPLE (TERM 02/17/ Former | 40 | $529,039 | $6,640 |
| JENNIFER BOYLE | SVP/CONSUMER LENDING & LEN Key employee | 40 | $373,674 | $129,237 |
| CLARK MATTHIESSEN | WEALTH ADVISOR Highest-paid employee | 40 | $460,723 | $25,761 |
18 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHLEEN CHANG | EXTERNAL MORTGAGE LOAN OFF Highest-paid employee | 40 | $442,199 | $14,210 |
| TIMOTHY BATES | SVP/ENTERPRISE RISK (THRU 10/04/24) Key employee | 40 | $355,467 | $61,118 |
| ESTEBAN ZUNO | SVP/AUTO, INSURANCE & WEALTH Key employee | 40 | $364,033 | $28,781 |
| JOSEPH PEYTON | SVP OF IT Key employee | 40 | $344,277 | $24,966 |
| PRITI CHATWANI | EXTERNAL MORTGAGE LOAN OFF Key employee | 40 | $353,020 | $10,754 |
| STEPHEN WARD | SVP OF BUSINESS SERVICES Key employee | 40 | $327,672 | $25,688 |
| AARON COLLIER | EVP/CHIEF INFO OFFICER (THRU 03/24) Officer | 40 | $163,268 | $10,183 |
| M CHRISTINA RIVERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY HERRERIAS-JAMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM OLMSTED | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JERI HANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG MCGUIRK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERADO MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROB EYLER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEBRA WATTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID GOUIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROD DOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA WITTKE SCHAFFNER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRETT MARTINEZ | PRESIDENT/CEO Officer | 40 | $2,747,409 | $428,124 |
| ANTHONY HILDESHEIM | EVP/CHIEF ADMIN OFFICER Officer | 40 | $1,298,325 | $278,751 |
| RONALD FELDER | CHIEF FINANCIAL OFFICER Officer | 40 | $1,261,182 | $186,191 |
| CYNTHIA NEGRI | CHIEF ADMIN OFFICER Officer | 40 | $985,503 | $137,923 |
| MICHAEL DEFAZIO | WEALTH ADVISOR Highest-paid employee | 40 | $876,317 | $19,644 |
| MISHEL KAUFMAN | EVP/CHIEF OP & RISK OFFICER Officer | 40 | $727,435 | $147,074 |
| DIANNA BERTHINIER | SVP/BUSINESS SERVICES Key employee | 40 | $727,632 | $111,914 |
| KRISTINA DERKOS | SVP/PEOPLE Key employee | 40 | $791,216 | $10,520 |
| AARON COLLIER | EVP/CHIEF INFO OFFICER Officer | 40 | $515,819 | $112,058 |
| JULIE LYNCH | WEALTH ADVISOR Highest-paid employee | 40 | $581,917 | $19,356 |
| MICHELLE ANDERSON | EVP/CHIEF LENDING OFFICER Key employee | 40 | $452,964 | $110,811 |
| DEIDRE HOLMES THOMPSON | SVP/MEMBER EXPERIENCE Key employee | 40 | $372,900 | $161,800 |
| THOMAS HUBERT | SVP/AUTO, INSURANCE & WEALTH SERVICES Key employee | 40 | $412,296 | $89,231 |
| CLARK MATTHIESSEN | WEALTH ADVISOR Highest-paid employee | 40 | $465,032 | $24,035 |
| NICOLE SCHAEFER | EXTERNAL MORTGAGE LOAN OFFICER Highest-paid employee | 40 | $466,339 | $20,372 |
| MATTHEW MARTIN | SVP/COMM & GOV RELATIONS Key employee | 40 | $409,823 | $58,785 |
| TODD LINDEMANN | SVP/PAYMENTS Key employee | 40 | $347,628 | $100,699 |
| KRISTEN MAHLMANN | SVP/PEOPLE Key employee | 40 | $332,293 | $106,279 |
| JENNIFER BOYLE | SVP/CONSUMER LENDING & LENDING OPS Key employee | 40 | $320,883 | $64,621 |
| SCOTT DYKSTRA | SR SBA/COMM LO Highest-paid employee | 40 | $355,537 | $23,314 |
| TIMOTHY BATES | SVP/ENTERPRISE RISK Key employee | 40 | $307,542 | $64,697 |
| BRYAN HAAS | SVP/PRODUCTS, PROJECTS, & CRE Key employee | 40 | $295,012 | $61,558 |
| KIMBERLY WILLIAMS | SVP/ STRATEGY & PROJECT MANAGEMENT Key employee | 40 | $194,225 | $9,661 |
| ROB EYLER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JIM OLMSTED | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEBRA WATTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LISA WITTKE SCHAFFNER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JERI HANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY HERRERIAS-JAMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID GOUIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| M CHRISTINA RIVERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROD DOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3033 CLEVELAND AVE, SANTA ROSA, CA 95403-2126
- In care of
- % PAYROLL DEPARTMENT
- Principal officer (990 for 2024)
- BRETT MARTINEZ, 3033 CLEVELAND AVE 100, SANTA ROSA, CA 95403
- Signed the 990
- KRISTEN MAHLMANN, EVP/CHIEF FINANCIAL OFFICER
- Phone
- (800) 479-7928
- Website
- WWW.REDWOODCU.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1244186 or by the name CREDIT UNIONS IN THE STATE OF CALIFORNIA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PASSIONATELY SERVING THE BEST INTERESTS OF OUR MEMBERS, EMPLOYEES, AND COMMUNITIES. SERVING ALL OF OUR MEMBERS FINANCIAL SERVICE NEEDS.
Program accomplishments
- REDWOOD CREDIT UNION IS ENGAGED IN PROVIDING LOW COST FINANCIAL SERVICES TO OUR MEMBER-OWNERS AS A COOPERATIVE ORGANIZATION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1244186
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1961
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1526: CREDIT UNIONS IN THE STATE OF CALIFORNIA
- Assets (IRS master file)
- $9,109,279,837
- Income (IRS master file)
- $504,075,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $503,959,465 | $388,166,858 | $9,109,279,837 | XML |
| 990 | December 2023 | $423,001,934 | $297,258,008 | $8,510,071,050 | XML |
| 990 | December 2022 | $304,586,101 | $191,508,718 | $7,527,506,599 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-1244186).
Questions about CREDIT UNIONS IN THE STATE OF CALIFORNIA
- What is the EIN of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF CALIFORNIA is 94-1244186.
- Is CREDIT UNIONS IN THE STATE OF CALIFORNIA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to CREDIT UNIONS IN THE STATE OF CALIFORNIA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF CALIFORNIA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS IN THE STATE OF CALIFORNIA due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS IN THE STATE OF CALIFORNIA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The 990 for the year ended December 31, 2024 names BRETT MARTINEZ.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The 990 for the year ended December 31, 2024 lists 33 people; 22 received compensation from the organization, the highest $1,801,884 (BRETT MARTINEZ, PRESIDENT/CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF CALIFORNIA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $503,959,465, expenses of $388,166,858 and total assets of $9,109,279,837 at year end.
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- SANTA ROSA COMMUNITY HEALTH CENTERS EIN 68-0365296 · last filed 990 for 2025
- REDWOOD EMPIRE FOOD BANK EIN 68-0121855 · last filed 990 for 2025
- SONOMA COUNTY INDIAN HEALTH PROJECT INC EIN 94-1741896 · last filed 990 for 2025
- COMMUNITY CHILD CARE COUNCIL OF SONOMA COUNTY INC EIN 94-2274620 · last filed 990 for 2025
- CANINE COMPANIONS FOR INDEPENDENCE EIN 94-2494324 · last filed 990 for 2025
- COMMUNITY FIRST CREDIT UNION EIN 94-1541515 · last filed 990 for 2024
- ST JOSEPH HOME CARE NETWORK EIN 68-0331084 · last filed 990 for 2024
- NATIONS FINEST EIN 94-2699571 · last filed 990 for 2024