LATINO COMMUNITY CREDIT UNION Charity Report

Public IRS 990 nonprofit record

LATINO COMMUNITY CREDIT UNION

EIN 56-2180770 · Mutual & Membership Benefit (Y)

What they do

LATINO COMMUNITY CREDIT UNIONS (LCCU) MISSION is to PROVIDE ETHICAL FINANCIAL PRODUCTS and EDUCATION to EMPOWER COMMUNITIES.

Before you give

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$85.52spent for every $100 of revenueRevenue covered expenses this year.

$14.92in assets for every $1 spent this yearSome assets cannot be spent right away.

6.1%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $464,489 for MARIA VICTORIA GARCIA (CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$82,531,419

Expenses$70,582,981

Annual surplus $11,948,438 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$82,531,419

Expenses$70,582,981

Assets$1,053,161,674

Income$82,531,419

Contributions$5,000,000

Stocks and bonds$9,998,503

Accounting fees$30,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARIA VICTORIA GARCIACEO · 40 hrs/week $464,489Base $436,658 · Other $27,831

RODRIGO INIGUEZCHIEF FINANCIAL OFFICER · 40 hrs/week $294,351Base $264,876 · Other $29,475

TERRY PHELPSCHIEF OPERATIONS OFFICER · 40 hrs/week $258,701Base $248,078 · Other $10,623

IRVING BUSTILLOCHIEF LENDING OFFICER · 40 hrs/week $220,846Base $192,268 · Other $28,578

EDGAR OMAR LOPEZCHIEF PEOPLE OFFICER · 40 hrs/week $218,380Base $199,200 · Other $19,180

ROGER MONTESCHIEF RETAIL OFFICER · 40 hrs/week $218,067Base $192,072 · Other $25,995

ALISON YONASCHIEF DEVELOPMENT & IMPACT · 40 hrs/week $211,140Base $199,200 · Other $11,940

STEVE HERRELLCHIEF RISK OFFICER · 40 hrs/week $210,660Base $198,290 · Other $12,370

JAMES WADDELLVP, INFORMATION TECHNOLOGY · 40 hrs/week $207,003Base $181,229 · Other $25,774

ETNA CLAROVP, FACILITIES · 40 hrs/week $148,074Base $127,375 · Other $20,699

SORAYA VERONICA CORDOVAVP, CONSUMER LENDING · 40 hrs/week $148,034Base $124,877 · Other $23,157

CAMILO MONCAYOVP DEPOSITS & OPERATIONS · 40 hrs/week $144,951Base $129,793 · Other $15,158

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

MARIA VICTORIA GARCIACEO

RODRIGO INIGUEZCHIEF FINANCIAL OFFICER

TERRY PHELPSCHIEF OPERATIONS OFFICER

IRVING BUSTILLOCHIEF LENDING OFFICER

EDGAR OMAR LOPEZCHIEF PEOPLE OFFICER

ROGER MONTESCHIEF RETAIL OFFICER

ALISON YONASCHIEF DEVELOPMENT & IMPACT

STEVE HERRELLCHIEF RISK OFFICER

JAMES WADDELLVP, INFORMATION TECHNOLOGY

ETNA CLAROVP, FACILITIES

SORAYA VERONICA CORDOVAVP, CONSUMER LENDING

CAMILO MONCAYOVP DEPOSITS & OPERATIONS

GABRIEL TREVES-KAGANVP, DEVELOPMENT

LORENA PATTERSONBOARD DIRECTOR

MARIA SCANGABOARD CHAIR

JORGE ARCHILABOARD TREASURER

JERRY HARMONBOARD DIRECTOR

FARAD ALIBOARD SECRETARY

ERIKA BELLBOARD DIRECTOR

DAVID BREHMERBOARD VICE CHAIR

About this charity

Recognized since: January 1969
Location: 100 W MORGAN ST, DURHAM, NC 27701-3315
County: Durham
In care of: % MARIA VICTORIA GARCIA
Primary officer: RODRIGO INIGUEZ, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(919) 688-9270 Officer phone(984) 271-1010

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DOEREN MAYHEW
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit