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MCCLATCHY EMPLOYEES CREDIT UNION

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Public IRS 990 nonprofit record

MCCLATCHY EMPLOYEES CREDIT UNION

EIN 94-6068439

What they do

MEMBER-OWNED FINANCIAL INSTITUTION SERVING EMPLOYEES of MCCLATCHY COMPANY WITH DEPOSIT and LENDING SERVICES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $96.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 leaders9 people are listed in the latest report.

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

Money made simple

91.98%of revenue went to mission work96.7% of expenses · Program services
$104.39spent for every $100 of revenueSpending was higher than revenue this year.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  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.

Worth asking: Expenses exceeded revenue by $8,144 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $79,891 for STEPHEN SERFOZO (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

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.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$392,991
Mission workProgram services$361,46991.98% of revenue96.7% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$19,2974.91% of revenueShown in gray on the chart
Total expenses$373,69495.09% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2019CurrentExpense mix: 96.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.09% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.02% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.10% of revenue

Money in and money out

Revenue$185,310
Expenses$193,454
Annual shortfall $8,144 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$361,469 · 186.9% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue$185,310
Expenses$193,454
Mission work (program services)$361,469
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
STEPHEN SERFOZOPRESIDENT/CEO · 45 hrs/week $79,891Base $74,851 · Other $5,040

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 (9)

STEPHEN SERFOZOPRESIDENT/CEO

DWIGHT HASTINGSTREASURER

GERARD ROSSVICE CHAIR

JANET VITTSECRETARY

JIM FOTESDIRECTOR

JULIE PENDLEYDIRECTOR

MICHELLE CANTONIDIRECTOR

SANDRA LAWSONDIRECTOR

STEVE YEISLEYCHAIR

About this charity

Location
580 UNIVERSITY AVE, SACRAMENTO, CA 958256512
County
Sacramento
In care of
JEFF CRUMP
Primary officer
JEFF CRUMP, SVP/CHIEF FINANCIAL OFFICER

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
RSM US LLP

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

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