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SCHOOLS FINANCIAL CREDIT UNION

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Public IRS 990 nonprofit record

SCHOOLS FINANCIAL CREDIT UNION

EIN 94-1189841

What they do

to PROMOTE THRIFT and SAVINGS AMONG MEMBERS, to CREATE A SOURCE of CREDIT for MEMBERS AT INTEREST RATES SET BY THE BOARD of DIRECTORS, and to PROVIDE MEMBERS WITH AN OPPORTUNITY to USE and CONTROL THEIR MONEY ON A DEMOCRATIC BASIS IN ORDER to IMPROVE THEIR ECONOMIC and SOCIAL CONDITIONS.

Before you give

Should I give to this charity?

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We do not have enough spending detail

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

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

They name their leaders16 people are listed in the latest report.

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

Money made simple

$68.39spent for every $100 of revenueRevenue covered expenses this year.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $1,675,200 for TIMOTHY MARRIOTT (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2019

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$101,261,825
Expenses$69,254,863
Annual surplus $32,006,962 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$101,261,825
Expenses$69,254,863
Grants given$22,133
Average grant$5,533
Stocks and bonds$288,084,062
Accounting fees$80,842
People

Leadership and board

Tax year 2019

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

People reported as paid

Person and titleCompensation
TIMOTHY MARRIOTTPRESIDENT/CEO · 45 hrs/week $1,675,200Base $826,080 · Other $849,120
TODD DEVOOGDSVP FINANCE/CFO · 45 hrs/week $314,809Base $279,664 · Other $35,145
STEVE LANGLEYSVP MEMBER SERVICES/CHIEF RETAIL OFFICER · 40 hrs/week $280,380Base $248,270 · Other $32,110
TOM KUANGSVP INFORMATION SERVICES/CIO · 40 hrs/week $264,873Base $232,551 · Other $32,322
JASON STILESVP REAL ESTATE LENDING · 40 hrs/week $240,005Base $210,630 · Other $29,375
LISA MACKAYVP HUMAN RESOURCES AND COM · 40 hrs/week $230,568Base $208,652 · Other $21,916
CATHY GRIMESVP MARKETING · 40 hrs/week $224,586Base $202,192 · Other $22,394
ERIK SORDAHLVP CONSUMER LENDING · 40 hrs/week $220,878Base $200,491 · Other $20,387
ERIN FRITZVP PAYMENT SYSTEMS · 40 hrs/week $204,549Base $177,352 · Other $27,197
GREG SMITHDIRECTOR THROUGH 9/19 · 1 hrs/week $2,338

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 (16)

TIMOTHY MARRIOTTPRESIDENT/CEO

TODD DEVOOGDSVP FINANCE/CFO

STEVE LANGLEYSVP MEMBER SERVICES/CHIEF RETAIL OFFICER

TOM KUANGSVP INFORMATION SERVICES/CIO

JASON STILESVP REAL ESTATE LENDING

LISA MACKAYVP HUMAN RESOURCES AND COM

CATHY GRIMESVP MARKETING

ERIK SORDAHLVP CONSUMER LENDING

ERIN FRITZVP PAYMENT SYSTEMS

GREG SMITHDIRECTOR THROUGH 9/19

LUTHER NOLENDIRECTOR

MARIE B SMITHCHAIR

EMILIO MARTINEZDIRECTOR

TERESA MATISTAVICE CHAIR

DOUGLAS SATOTREASURER

DOLORES BLEEKMANSECRETARY

About this charity

Location
1485 RESPONSE ROAD NO 126, SACRAMENTO, CA 95815
County
Sacramento
In care of
TIMOTHY MARRIOTT
Primary officer
TIMOTHY MARRIOTT, CEO

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
MOSS ADAMS LLP
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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