Nonprofit · EIN 95-4110181
CREDIT UNIONS IN THE STATE OF CALIFORNIA
Also known as USC CREDIT UNION
Tax-exempt · LOS ANGELES, CA 90089
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $37,287,033 | $32,919,788 | $4,367,245 | $704,480,994 | $656,142,710 | $48,338,284 |
| June 30, 2024 | 990 | $36,171,112 | $32,793,297 | $3,377,815 | $741,105,315 | $698,539,988 | $42,565,327 |
| June 30, 2023 | 990 | $30,542,999 | $26,026,442 | $4,516,557 | $741,676,675 | $699,186,011 | $42,490,664 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $32,324,658
- Investment income
- $4,565,102
- Net rental income
- $141,044
- Net gain from sales of assets
- $2,839
- Other revenue
- $397,273
Expenses
- Grants and similar amounts paid
- $100,425
- Benefits paid to members
- $8,078,787
- Compensation of officers, directors and key employees
- $1,628,528
- Other salaries and wages
- $6,386,957
- Salaries, compensation and benefits (total)
- $11,251,952
- Professional fundraising fees
- $0
- Legal fees
- $169,531
- Accounting fees
- $82,211
- Occupancy
- $417,986
- Travel
- $98,735
- Depreciation
- $539,414
Balance sheet and other
- Total assets, start of year
- $741,105,315
- Total assets, end of year
- $704,480,994
- Total liabilities, end of year
- $656,142,710
- Net assets, end of year
- $48,338,284
- Land, buildings and equipment
- $13,417,815
- Publicly traded securities
- $102,401,124
- Gross unrelated business income
- $50,866
- Gross receipts
- $37,663,030
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1973
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY PEREZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $0 | $411,001 | $87,255 |
| MICHAEL ROGERS | CHIEF FINANCIAL OFFICER Officer | 40 | $0 | $231,944 | $34,312 |
| DAVID SCHAUER-WEST - CHIEF | INFORMATION OFFICER (LEFT 12/24) Officer | 40 | $0 | $197,697 | $64,710 |
| TONYA PEREZ-WRIGHT | CHIEF EXPERIENCE OFFICER Officer | 40 | $0 | $212,406 | $48,901 |
| DANIEL COHEN | VP, INFORMATION TECHNOLOGY Highest-paid employee | 40 | $0 | $184,207 | $50,385 |
| ROCIO FLORES | CHIEF SOCIAL IMPACT OFFICER Officer | 40 | $0 | $170,513 | $53,001 |
| TERESA DENISON | CHIEF MARKETING OFFICER (LEFT 7/24) Officer | 40 | $0 | $146,477 | $40,331 |
| ALEXANDER JOHNSON | VP, REAL ESTATE LENDING Highest-paid employee | 40 | $0 | $145,939 | $39,374 |
| DANIEL PARIS | VP, HUMAN RESOURCES (LEFT 12/24) Highest-paid employee | 40 | $0 | $149,952 | $29,194 |
| SANDRA ALVIDREZ | CHIEF MARKETING OFFICER Officer | 40 | $0 | $146,126 | $27,352 |
| LUDWIG MUNEVAR | STRATEGIC FINANCE MANAGER Highest-paid employee | 40 | $0 | $119,302 | $51,867 |
| COURTNEY COX | SENIOR PROJECT MANAGER Highest-paid employee | 40 | $0 | $143,920 | $26,904 |
| GAVIN GALIMI | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| MICHAEL BROUGHTON | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| JUSTIN HO | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLINA CASTILLO | SECRETARY Trustee or director, Officer | 1.5 | $0 |
| KELLY BERNAL | DIRECTOR Trustee or director | 1.5 | $0 |
| THEODORE BUDGE | DIRECTOR Trustee or director | 1.5 | $0 |
| PEER FISS | DIRECTOR Trustee or director | 1.5 | $0 |
| RICHARD MCCORMICK | DIRECTOR Trustee or director | 1.5 | $0 |
| SAMANTHA SMYTH-PAXSON | DIRECTOR (LEFT 3/25) Trustee or director | 1.5 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY PEREZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $330,479 | $71,630 |
| TERESA DENISON | CHIEF MARKETING OFFICER Officer | 40 | $180,995 | $62,337 |
| DAVID SCHAUER-WEST | CHIEF INFORMATION OFFICER Officer | 40 | $184,808 | $54,178 |
| MICHAEL ROGERS | CHIEF FINANCIAL OFFICER Officer | 40 | $201,681 | $35,556 |
| JEFF GALLERY | CHIEF LENDING OFFICER Officer | 40 | $189,261 | $41,664 |
| TONYA PEREZ-WRIGHT | CHIEF EXPERIENCE OFFICER Officer | 40 | $162,979 | $42,488 |
| ROCIO FLORES | CHIEF SOCIAL IMPACT OFFICER Officer | 40 | $154,860 | $47,638 |
| DANIEL COHEN | VP, INFORMATION TECHNOLOGY Highest-paid employee | 40 | $154,022 | $34,768 |
| DANIEL PARIS | VP, HUMAN RESOURCES Highest-paid employee | 40 | $157,351 | $22,762 |
| CHRISTINA SCHWARZ | VP, REAL ESTATE LENDING Highest-paid employee | 40 | $137,153 | $37,994 |
| VALERIE IVES | VP, CONSUMER LENDING Highest-paid employee | 40 | $138,629 | $35,357 |
| IRENE RODRIGUEZ | VP, BUSINESS DEVELOPMENT Highest-paid employee | 40 | $111,947 | $27,820 |
| GAVIN GALIMI | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| MICHAEL BROUGHTON | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JUSTIN HO | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| CAROLINA CASTILLO | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| KELLY BERNAL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| PEER FISS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RICHARD MCCORMICK | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SAMANTHA SMYTH-PAXSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| THEODORE BUDGE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY PEREZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $314,325 | $51,708 |
| TERE DENISON | CHIEF MARKETING OFFICER Officer | 40 | $171,772 | $46,739 |
| MICHAEL ROGERS | CHIEF FINANCIAL OFFICER Officer | 40 | $192,617 | $21,136 |
| DAVID SCHAUER-WEST | CHIEF OPERATIONS OFFICER Officer | 40 | $179,480 | $33,983 |
| JEFF GALLERY | CHIEF LENDING OFFICER Officer | 40 | $181,440 | $23,577 |
| CHRISTINA SCHWARZ | VP, REAL ESTATE Highest-paid employee | 40 | $133,436 | $36,606 |
| ROCIO FLORES | CHIEF SOCIAL IMPACT OFFICER Officer | 40 | $135,425 | $31,793 |
| DANIEL PARIS | VP, HUMAN RESOURCES Highest-paid employee | 40 | $145,326 | $16,406 |
| IRENE RODRIGUEZ | VP, BUSINESS DEVELOPMENT Highest-paid employee | 40 | $132,975 | $21,863 |
| VALERIE IVES | VP, CONSUMER LENDING Highest-paid employee | 40 | $132,588 | $21,898 |
| DANIEL COHEN | VP, INFORMATION TECHNOLOGY Highest-paid employee | 40 | $129,306 | $24,998 |
| GAVIN GALIMI | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| MICHAEL BROUGHTON | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JUSTIN HO | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| CAROLINA CASTILLO | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| LISA ESCOBAR | SECRETARY (THRU 6/23) Trustee or director, Officer | 1.5 | $0 | $0 |
| PEER FISS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RICHARD MCCORMICK | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SAMANTHA SMYTH-PAXSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| KELLY BERNAL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JERALD JELLISON | DIRECTOR (THRU 5/23) Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3720 S FLOWER ST 4TH FLOOR, LOS ANGELES, CA 90089-4304
- In care of
- % USC CREDIT UNION
- Principal officer (990 for 2024)
- GARY PEREZ, 3720 S FLOWER ST 4TH FLOOR, LOS ANGELES, CA 90089
- Signed the 990
- MICHAEL ROGERS, CFO
- Phone
- (213) 821-7128
- Website
- WWW.USCCREDITUNION.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4110181 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 SERVICES TO OUR CORE MEMBERSHIP. OUR CORE MEMBERSHIP IS THE FACULTY, STAFF, STUDENTS, AND ALUMNI OF THE UNIVERSITY OF SOUTHERN CALIFORNIA.
Program accomplishments
- USC CREDIT UNION IS A NOT-FOR-PROFIT COOPERATIVE FOUNDED TO FUEL MEMBERS' FINANCIAL DREAMS AND ENHANCE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE. OUR MISSION IS TO PROVIDE AFFORDABLE PRODUCTS AND SERVICES, FINANCIAL GUIDANCE, AND THE RESOURCES TO SUPPORT OUR COMMUNITIES' ECONOMIC WELL-BEING AND GENERATIONAL WEALTH BUILDING.IN FISCAL 2024, OUR SOCIAL IMPACT DEPARTMENT ACCOMPLISHED THE FOLLOWING. - 3000+ PARTICIPATED IN FINANCIAL EDUCATION WORKSHOPS, ONLINE CLASSES, AND FINANCIAL COACHING SESSIONS - 50+ COLLABORATIVE PARTNERSHIPS BRINGING FINANCIAL WELLNESS PROGRAMMING, EVENTS, AND ACCESS TO BENEFICIAL FINANCIAL SERVICES AND PRODUCTS TO THE COMMUNITIES WE SERVE - 1,600+ GROWTH IN COMMUNITY MEMBERSHIPS, BRINGING ACCESS TO AFFORDABLE AND WEALTH-BUILDING PRODUCTS AND SERVICES DIRECTLY TO FAMILIES - $16,000+ IN COMMUNITY SPONSORSHIPS SUPPORTING MEANINGFUL PURPOSE-DRIVEN ORGANIZATIONSAS OF JUNE 30, 2024, WE PROVIDED FINANCIAL SERVICES FOR 80,237 MEMBERS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4110181
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1961
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 1526: CREDIT UNIONS IN THE STATE OF CALIFORNIA
- Assets (IRS master file)
- $704,480,994
- Income (IRS master file)
- $37,663,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $37,287,033 | $32,919,788 | $704,480,994 | IRS |
| 990 | June 2024 | $36,171,112 | $32,793,297 | $741,105,315 | IRS |
| 990 | June 2023 | $30,542,999 | $26,026,442 | $741,676,675 | XML |
| 990 | June 2022 | $21,672,643 | $20,738,848 | $754,273,547 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 95-4110181).
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 95-4110181.
- 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 June 30, 2026) is due November 16, 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 June 2025.
- Who is the principal officer of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The 990 for the year ended June 30, 2025 names GARY PEREZ.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF CALIFORNIA?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does CREDIT UNIONS IN THE STATE OF CALIFORNIA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $37,287,033, expenses of $32,919,788 and total assets of $704,480,994 at year end.
Other nonprofits in LOS ANGELES
- UNIVERSITY OF SOUTHERN CALIFORNIA EIN 95-1642394 · last filed 990 for 2025
- AIDS HEALTHCARE FOUNDATION EIN 95-4112121 · last filed 990 for 2024
- KECK MEDICAL CENTER OF USC EIN 85-1644866 · last filed 990 for 2025
- CHILDRENS HOSPITAL LOS ANGELES EIN 95-1690977 · last filed 990 for 2025
- LOS ANGELES LOMOD CORPORATION EIN 95-3033333 · last filed 990 for 2024
- CEDARS-SINAI MEDICAL CARE FOUNDATION EIN 95-4457756 · last filed 990 for 2025
- PHARMACY4HUMANITY EIN 95-4607931 · last filed 990 for 2024
- LOYOLA MARYMOUNT UNIVERSITY EIN 95-1643334 · last filed 990 for 2025