Nonprofit · EIN 95-1858171
CREDIT UNIONS IN THE STATE OF CALIFORNIA
Also known as JACOM CREDIT UNION
Tax-exempt · LOS ANGELES, CA 90018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,457,709 | $1,965,809 | -$508,100 | $55,314,107 | $48,259,271 | $7,054,836 |
| December 31, 2023 | 990 | $1,456,203 | $1,945,405 | -$489,202 | $60,590,185 | $54,369,270 | $6,220,915 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,457,709
- Net gain from sales of assets
- $515
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $143,621
- Other salaries and wages
- $310,247
- Salaries, compensation and benefits (total)
- $657,487
- Professional fundraising fees
- $0
- Accounting fees
- $57,794
- Depreciation
- $68,574
Balance sheet and other
- Total assets, start of year
- $60,590,185
- Total assets, end of year
- $55,314,107
- Total liabilities, end of year
- $48,259,271
- Net assets, end of year
- $7,054,836
- Land, buildings and equipment
- $578,396
- Gross receipts
- $1,459,644
- Employees
- 7
- Year formed
- 1951
- 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 |
|---|---|---|---|
| SCOTT UMEMOTO | CEO Officer | 40 | $143,621 |
| MILTON NOJI | BOARD MEMBER Trustee or director | 0 | $0 |
| RON SHINTANI | VICE CHAIRMAN Trustee or director | 0 | $0 |
| MIKA MATSUI | Secretary Trustee or director | 0 | $0 |
| LOREN PETROWSKI | Director Trustee or director | 0 | $0 |
| KEVIN KITASHIMA | Supervisor Comm Trustee or director | 0 | $0 |
| WALTER RODRIGUEZ | Chairman Trustee or director | 0 | $0 |
| RAJESH GUPTA | Supervisor Comm Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT UMEMOTO | CEO Officer | 40 | $143,621 |
| MILTON NOJI | BOARD MEMBER Trustee or director | 0 | $0 |
| RON SHINTANI | VICE CHAIRMAN Trustee or director | 0 | $0 |
| MIKA MATSUI | Secretary Trustee or director | 0 | $0 |
| LOREN PETROWSKI | Director Trustee or director | 0 | $0 |
| KEVIN KITASHIMA | Supervisor Comm Trustee or director | 0 | $0 |
| WALTER RODRIGUEZ | Chairman Trustee or director | 0 | $0 |
| RAJESH GUPTA | Supervisor Comm Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3037 W JEFFERSON BLVD, LOS ANGELES, CA 90018-3342
- Principal officer (990 for 2024)
- SCOTT UMEMOTO, 3037 W JEFFERSON BLVD, LOS ANGELES, CA 90018
- Signed the 990
- SCOTT UMEMOTO, CEO
- Phone
- (323) 731-9358
- Website
- www.jacomcu.org
- Return prepared by
- TOMA & COMPANY ACCOUNTANCY CORPORATION
California records
California keeps its own records of charities and corporations. Search them by EIN 95-1858171 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
To provide financial/banking services for members of the credit union.
Program accomplishments
- To provide financial/banking services for members of the credit union.
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
- 95-1858171
- 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)
- $55,314,107
- Income (IRS master file)
- $1,459,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,457,709 | $1,965,809 | $55,314,107 | XML |
| 990 | December 2023 | $1,456,203 | $1,945,405 | $60,590,185 | XML |
| 990 | December 2022 | $1,611,425 | $1,884,574 | $65,310,787 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 95-1858171).
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 95-1858171.
- 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 SCOTT UMEMOTO.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $143,621 (SCOTT UMEMOTO, 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 $1,457,709, expenses of $1,965,809 and total assets of $55,314,107 at year end.
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