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SESLOC CREDIT UNION

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Public IRS 990 nonprofit record

SESLOC CREDIT UNION

EIN 95-1722855

What they do

SESLOC is A NOT-FOR-PROFIT FINANCIAL INSTITUTION ON CALIFORNIAS CENTRAL COAST SINCE 1942, NOW OPERATING WITH SIX BRANCHES IN SAN LUIS OBISPO, PASO ROBLES, ATASCADERO, CAL POLY, ARROYO GRANDE and SANTA MARIA. OUR EMPLOYEES PROVIDE VALUABLE FINANCIAL and EDUCATIONAL SERVICES to NEARLY 55,000 MEMBERS. OUR MEMBERS ARE LOCAL, SO MONEY STAYS LOCAL, and SESLOC STAYS COMMUNITY-FOCUSED.

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 leaders21 people are listed in the latest report.

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

Money made simple

$90.30spent for every $100 of revenueRevenue covered expenses this year.
$28.01in assets for every $1 spent this yearSome assets cannot be spent right away.

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  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 $1,053,961 for GERIANNE LACHANCE (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 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$45,228,242
Expenses$40,841,143
Annual surplus $4,387,099 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$45,228,242
Expenses$40,841,143
Assets$1,143,863,296
Grants given$97,750
Average grant$10,861
Stocks and bonds$145,829,766
Accounting fees$164,285
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
GERIANNE LACHANCEPRESIDENT/CEO · 40 hrs/week $1,053,961Base $1,040,740 · Other $13,221
MICHAEL QUAMMAPRESIDENT/CEO · 40 hrs/week $508,990Base $354,070 · Other $154,920
KELLI BRIGGSEVP, CHIEF OPERATING OFFICER · 40 hrs/week $307,101Base $262,000 · Other $45,101
KENNETH LONGSVP, CHIEF RISK OFFICER · 40 hrs/week $236,451Base $189,720 · Other $46,731
SHAWN MULQUEENEYSVP, CHIEF INFORMATION OFFICER · 40 hrs/week $235,950Base $194,139 · Other $41,811
JOSE MANUEL CERVANTESSVP CONSUMER/MTG. LENDING · 40 hrs/week $223,097Base $176,799 · Other $46,298
CHERISE LONGMORTGAGE LOAN OFFICER · 40 hrs/week $207,455Base $185,609 · Other $21,846
CLARENCE CABREROSVP, MEMBER BUSINESS LOANS · 40 hrs/week $207,060Base $165,455 · Other $41,605
DEVON GOETZSVP, HUMAN RESOURCES/TALENT DEVELOPMENT · 40 hrs/week $200,801Base $147,780 · Other $53,021
SHERRI PARKINSONSVP, CHIEF FINANCIAL OFFICER · 40 hrs/week $191,629Base $170,096 · Other $21,533
HELEN SHIPPEEVP, COMPLIANCE · 40 hrs/week $159,797Base $140,220 · Other $19,577
BARBARA HUGIEVP, MORTGAGE OPERATIONS · 40 hrs/week $157,828Base $130,749 · Other $27,079

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 (21)

GERIANNE LACHANCEPRESIDENT/CEO

MICHAEL QUAMMAPRESIDENT/CEO

KELLI BRIGGSEVP, CHIEF OPERATING OFFICER

KENNETH LONGSVP, CHIEF RISK OFFICER

SHAWN MULQUEENEYSVP, CHIEF INFORMATION OFFICER

JOSE MANUEL CERVANTESSVP CONSUMER/MTG. LENDING

CHERISE LONGMORTGAGE LOAN OFFICER

CLARENCE CABREROSVP, MEMBER BUSINESS LOANS

DEVON GOETZSVP, HUMAN RESOURCES/TALENT DEVELOPMENT

SHERRI PARKINSONSVP, CHIEF FINANCIAL OFFICER

HELEN SHIPPEEVP, COMPLIANCE

BARBARA HUGIEVP, MORTGAGE OPERATIONS

HOLLY BROWNSVP, MEMBER EXPERIENCE

JASON FRANCIADIRECTOR

DR GARY HOSKINSVICE CHAIRPERSON

DR ALDEN SHIERSDIRECTOR

DEREK JOHNSONSECRETARY

CHARLENE ROSALESDIRECTOR

BARBARA MELVINDIRECTOR (RETIRED 5/24)

ANTHONY CANGELOSIBOARD FINANCIAL OFFICER

THOMAS LEBENSCHAIRPERSON

About this charity

Location
3855 BROAD STREET, SAN LUIS OBISPO, CA 93401
County
San Luis Obispo
In care of
SHERRI PARKINSON
Primary officer
SHERRI PARKINSON, SVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
March 29, 2024
Return type
990
Tax preparer
DOEREN MAYHEW
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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