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WATER AND POWER COMMUNITY CREDIT UNION

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Public IRS 990 nonprofit record

WATER AND POWER COMMUNITY CREDIT UNION

EIN 95-0952237 · Mutual & Membership Benefit (Y)

What they do

A COOPERATIVE, ORGANIZED for THE PURPOSE of PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE of CREDIT for THEM AT RATES of INTEREST SET BY THE BOARD of DIRECTORS, and PROVIDING AN OPPORTUNITY for THEM to USE and CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER to IMPROVE THEIR ECONOMIC and SOCIAL CONDITIONS. AS A COOPERATIVE, WATER & POWER COMMUNITY CREDIT UNION CONDUCTS ITS BUSINESS for THE MUTUAL BENEFIT and GENERAL WELFARE of ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, or SERVICES of THE CREDIT UNION BEING DISTRIBUTED to ITS MEMBERS AS PATRONS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

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 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 leaders22 people are listed in the latest report.

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

Money made simple

$97.33spent for every $100 of revenueRevenue covered expenses this year.
$20.57in assets for every $1 spent this yearSome assets cannot be spent right away.

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.

Pay context: The highest compensation shown in this filing is $562,376 for MIKE TUFEGDZICH (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 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$47,148,530
Expenses$45,891,011
Annual surplus $1,257,519 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$47,148,530
Expenses$45,891,011
Assets$943,994,213
Income$47,148,530
Grants given$64,600
Average grant$12,920
Accounting fees$257,256
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
MIKE TUFEGDZICHCEO · 44 hrs/week $562,376Base $533,057 · Other $29,319
PATRICE MUSTAFACOO EVP · 43 hrs/week $365,059Base $327,268 · Other $37,791
FELIPE CASTANEDACFO · 44 hrs/week $359,837Base $325,780 · Other $34,057
DAVID COVELLCIO · 40 hrs/week $279,032Base $235,095 · Other $43,937
LUIS ROBLESTREASURER · 43 hrs/week $224,799Base $199,157 · Other $25,642
KENNETH MICHAEL GROSSMANSENIOR MANAGER NETWORK SECURITY · 41 hrs/week $214,495Base $179,222 · Other $35,273
JESSICA ORTIZSENIOR DIRECTOR OF COMPLIANCE · 42 hrs/week $212,324Base $183,180 · Other $29,144
CHARLES JEROME WOOLEN FORMERSENIOR MANAGER PEOPLE OPERATIONS · 22 hrs/week $192,459Base $180,268 · Other $12,191
BRUCE ALAN WEST FORMERCPO · 22 hrs/week $188,007Base $177,560 · Other $10,447
FADWA KNOXDIRECTOR LENDING · 42 hrs/week $185,355Base $163,842 · Other $21,513
ITALO ALVARADORE LOAN OFFICER · 41 hrs/week $156,031Base $153,920 · Other $2,111

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 (22)

MIKE TUFEGDZICHCEO

PATRICE MUSTAFACOO EVP

FELIPE CASTANEDACFO

DAVID COVELLCIO

LUIS ROBLESTREASURER

KENNETH MICHAEL GROSSMANSENIOR MANAGER NETWORK SECURITY

JESSICA ORTIZSENIOR DIRECTOR OF COMPLIANCE

CHARLES JEROME WOOLEN FORMERSENIOR MANAGER PEOPLE OPERATIONS

BRUCE ALAN WEST FORMERCPO

FADWA KNOXDIRECTOR LENDING

ITALO ALVARADORE LOAN OFFICER

WING WONGSUPV CMTE MEMBER

BELINDA WALKERBOARD TREASURER

VENEST HENRY-EVANSBOARD 1ST VICE CHAIR

THERON RUCKERSUPV CMTE CHAIRPERSON

SALVADOR MANCILLASUPV CMTE SECRETARY

NORA YUSABOARD CHAIRPERSON

GLADYS BERRYBOARD SECRETARY

GERARD WATSONASSISTANT SECRETARY

EMMAJACKY MAGARINSUPV CMTE VICE CHAIRPERSON

CYNTHIA MEEKINSASSISTANT TREASURER

BRIAN LAMBOARD 2ND VICE CHAIR

About this charity

Recognized since
January 1961
Location
1053 W SUNSET BLVD, LOS ANGELES, CA 90012-2134
County
Los Angeles
In care of
FELIPE CASTANEDA
Primary officer
FELIPE CASTANEDA, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
TURNER WARREN HWANG & CONRAD ACCTCY
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
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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