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Employer Identification Number 94-1189841

SCHOOLS FINANCIAL CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SCHOOLS FINANCIAL CREDIT UNION
Employer identification number (EIN):94-1189841
EIN Issuing AuthorityMemphis, TN
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration SCHOOLS FINANCIAL CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationCalifornia, CA

Organization Overview

Mission StatementTO PROVIDE MEMBERS WITH BETTER VALUE AND OUTSTANDING SERVICE.
Number of Employees361
Number of Volunteers22
Year Formed1933

Organization Governance

Legal DomicileCA
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2019-12-31
Total unrelated business incomeUSD $ 482,497
Net unrelated business incomeUSD $ -508,738
Program Service Revenue from prior yearUSD $ 76,673,363
Program Service Revenue from current yearUSD $ 88,033,996
Investment Income from prior yearUSD $ 9,297,427
Investment Income from current yearUSD $ 12,757,155
Other Revenue from prior yearUSD $ 453,586
Other Revenue from current yearUSD $ 470,674
Gross receipts from all sourcesUSD $ 101,993,904
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 229,067,553
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 1,759,012,272
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 1,988,079,825
Revenues less expenses for current yearUSD $ 32,006,962
Revenues less expenses for previous yearUSD $ 27,607,371
Total expenses for current yearUSD $ 69,254,863
Total expenses for previous yearUSD $ 58,817,005
Other expenses in current yearUSD $ 41,915,219
Other expenses in previous yearUSD $ 34,485,982
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 27,295,989
Employee salary and benefits paid in previous yearUSD $ 24,282,636
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 43,655
Grants and similar amounts paid in previous yearUSD $ 48,387
Total revenue in current fiscal yearUSD $ 101,261,825
Total revenue in previous fiscal yearUSD $ 86,424,376
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 385,811
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 64,312,642
Program Service Revenue from current yearUSD $ 76,673,363
Investment Income from prior yearUSD $ 9,646,518
Investment Income from current yearUSD $ 9,297,427
Other Revenue from prior yearUSD $ 464,097
Other Revenue from current yearUSD $ 453,586
Gross receipts from all sourcesUSD $ 87,205,438
Net assets / fund balances at end of fiscal yearUSD $ 229,067,553
Net assets / fund balances at beginning of fiscal yearUSD $ 203,540,661
Total liabilities at end of fiscal yearUSD $ 1,759,012,272
Total liabilities at beginning of fiscal yearUSD $ 1,702,527,920
Total assets at end of fiscal yearUSD $ 1,988,079,825
Total assets at beginning of fiscal yearUSD $ 1,906,068,581
Revenues less expenses for current yearUSD $ 27,607,371
Revenues less expenses for previous yearUSD $ 20,729,416
Total expenses for current yearUSD $ 58,817,005
Total expenses for previous yearUSD $ 53,693,841
Other expenses in current yearUSD $ 34,485,982
Other expenses in previous yearUSD $ 29,957,991
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 24,282,636
Employee salary and benefits paid in previous yearUSD $ 23,707,263
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 48,387
Grants and similar amounts paid in previous yearUSD $ 28,587
Total revenue in current fiscal yearUSD $ 86,424,376
Total revenue in previous fiscal yearUSD $ 74,423,257
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 395,630
Net unrelated business incomeUSD $ -513,161
Program Service Revenue from prior yearUSD $ 54,373,789
Program Service Revenue from current yearUSD $ 64,312,642
Investment Income from prior yearUSD $ 12,172,385
Investment Income from current yearUSD $ 9,646,518
Other Revenue from prior yearUSD $ 438,149
Other Revenue from current yearUSD $ 464,097
Gross receipts from all sourcesUSD $ 75,204,418
Net assets / fund balances at end of fiscal yearUSD $ 203,540,661
Net assets / fund balances at beginning of fiscal yearUSD $ 183,146,289
Total liabilities at end of fiscal yearUSD $ 1,702,527,920
Total liabilities at beginning of fiscal yearUSD $ 1,600,037,027
Total assets at end of fiscal yearUSD $ 1,906,068,581
Total assets at beginning of fiscal yearUSD $ 1,783,183,316
Revenues less expenses for current yearUSD $ 20,729,416
Revenues less expenses for previous yearUSD $ 15,983,643
Total expenses for current yearUSD $ 53,693,841
Total expenses for previous yearUSD $ 51,000,680
Other expenses in current yearUSD $ 29,957,991
Other expenses in previous yearUSD $ 23,470,229
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 23,707,263
Employee salary and benefits paid in previous yearUSD $ 23,764,187
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 3,737,339
Grants and similar amounts paid in current yearUSD $ 28,587
Grants and similar amounts paid in previous yearUSD $ 28,925
Total revenue in current fiscal yearUSD $ 74,423,257
Total revenue in previous fiscal yearUSD $ 66,984,323
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 398,752
Net unrelated business incomeUSD $ -367,773
Program Service Revenue from prior yearUSD $ 47,325,794
Program Service Revenue from current yearUSD $ 54,373,789
Investment Income from prior yearUSD $ 11,856,484
Investment Income from current yearUSD $ 12,172,385
Other Revenue from prior yearUSD $ 498,746
Other Revenue from current yearUSD $ 438,149
Gross receipts from all sourcesUSD $ 133,637,540
Net assets / fund balances at end of fiscal yearUSD $ 183,146,289
Net assets / fund balances at beginning of fiscal yearUSD $ 170,089,456
Total liabilities at end of fiscal yearUSD $ 1,600,037,027
Total liabilities at beginning of fiscal yearUSD $ 1,444,720,374
Total assets at end of fiscal yearUSD $ 1,783,183,316
Total assets at beginning of fiscal yearUSD $ 1,614,809,830
Revenues less expenses for current yearUSD $ 15,983,643
Revenues less expenses for previous yearUSD $ 13,308,577
Total expenses for current yearUSD $ 51,000,680
Total expenses for previous yearUSD $ 46,372,447
Other expenses in current yearUSD $ 23,470,229
Other expenses in previous yearUSD $ 20,758,121
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 23,764,187
Employee salary and benefits paid in previous yearUSD $ 22,312,555
Benefits paid to or for members in current yearUSD $ 3,737,339
Benefits paid to or for members in previous yearUSD $ 3,277,610
Grants and similar amounts paid in current yearUSD $ 28,925
Grants and similar amounts paid in previous yearUSD $ 24,161
Total revenue in current fiscal yearUSD $ 66,984,323
Total revenue in previous fiscal yearUSD $ 59,681,024
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 349,571
Net unrelated business incomeUSD $ -427,365
Program Service Revenue from prior yearUSD $ 44,223,682
Program Service Revenue from current yearUSD $ 47,325,794
Investment Income from prior yearUSD $ 11,908,085
Investment Income from current yearUSD $ 11,856,484
Other Revenue from prior yearUSD $ 349,972
Other Revenue from current yearUSD $ 498,746
Gross receipts from all sourcesUSD $ 95,450,123
Net assets / fund balances at end of fiscal yearUSD $ 170,089,456
Net assets / fund balances at beginning of fiscal yearUSD $ 158,935,927
Total liabilities at end of fiscal yearUSD $ 1,444,720,374
Total liabilities at beginning of fiscal yearUSD $ 1,357,682,627
Total assets at end of fiscal yearUSD $ 1,614,809,830
Total assets at beginning of fiscal yearUSD $ 1,516,618,554
Revenues less expenses for current yearUSD $ 13,308,577
Revenues less expenses for previous yearUSD $ 13,262,207
Total expenses for current yearUSD $ 46,372,447
Total expenses for previous yearUSD $ 43,219,532
Other expenses in current yearUSD $ 20,758,121
Other expenses in previous yearUSD $ 18,600,597
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 22,312,555
Employee salary and benefits paid in previous yearUSD $ 21,561,209
Benefits paid to or for members in current yearUSD $ 3,277,610
Benefits paid to or for members in previous yearUSD $ 3,033,364
Grants and similar amounts paid in current yearUSD $ 24,161
Grants and similar amounts paid in previous yearUSD $ 24,362
Total revenue in current fiscal yearUSD $ 59,681,024
Total revenue in previous fiscal yearUSD $ 56,481,739
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 355,496
Net unrelated business incomeUSD $ -484,450
Program Service Revenue from prior yearUSD $ 45,017,593
Program Service Revenue from current yearUSD $ 44,223,682
Investment Income from prior yearUSD $ 10,287,806
Investment Income from current yearUSD $ 11,908,085
Other Revenue from prior yearUSD $ 343,230
Other Revenue from current yearUSD $ 349,972
Gross receipts from all sourcesUSD $ 133,295,502
Net assets / fund balances at end of fiscal yearUSD $ 158,935,927
Net assets / fund balances at beginning of fiscal yearUSD $ 141,791,719
Total liabilities at end of fiscal yearUSD $ 1,357,682,627
Total liabilities at beginning of fiscal yearUSD $ 1,302,000,762
Total assets at end of fiscal yearUSD $ 1,516,618,554
Total assets at beginning of fiscal yearUSD $ 1,443,792,481
Revenues less expenses for current yearUSD $ 13,262,207
Revenues less expenses for previous yearUSD $ 14,751,090
Total expenses for current yearUSD $ 43,219,532
Total expenses for previous yearUSD $ 40,897,539
Other expenses in current yearUSD $ 18,600,597
Other expenses in previous yearUSD $ 16,968,819
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 21,561,209
Employee salary and benefits paid in previous yearUSD $ 20,854,945
Benefits paid to or for members in current yearUSD $ 3,033,364
Benefits paid to or for members in previous yearUSD $ 3,052,113
Grants and similar amounts paid in current yearUSD $ 24,362
Grants and similar amounts paid in previous yearUSD $ 21,662
Total revenue in current fiscal yearUSD $ 56,481,739
Total revenue in previous fiscal yearUSD $ 55,648,629
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 941189841

USA Mailing Address
1485 RESPONSE ROAD, SUITE 126
SACRAMENTO
CA
958154847
Date first seen: 2010-07-29
Date last seen: 2019-06-26
USA Mailing Address
1485 RESPONSE ROAD NO 126
SACRAMENTO
CA
95815
Date first seen: 2007-01-01
Date last seen: 2024-09-30
USA Mailing Address
9144 Cecile Way
Sacramento
CA
95826
Date first seen: 2007-01-01
Date last seen: 2024-09-30
USA Location Address
1485 RESPONSE ROAD, SUITE 126
SACRAMENTO
CA
958154847
Date first seen: 2021-11-01
Date last seen: 2021-11-01

EIN Events

Event Date Event description
2009-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2009

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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