Form 990 for tax year 2024
Filed by EDUCATIONAL EMPLOYEES CREDIT UNION.
Totals
- Total revenue
- $239,311,810
- Total expenses
- $176,440,535
- Contributions and grants received
- $0
- Grants paid
- $698,625
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Listed in Part VII
-
WALTER FRANZELL
CHAIR
- Total calculated
- $3,631
- From this org
- $3,631
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
ALI NEKUMANESH
VICE CHAIR
- Total calculated
- $1,284
- From this org
- $1,284
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
LISA CUTTS
TREASURER
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
MIKE SNELL
SECRETARY
- Total calculated
- $1,409
- From this org
- $1,409
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
DEREK SCHARTON
BOARD MEMBER
- Total calculated
- $2,548
- From this org
- $2,548
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
PHILIP NEUFELD
BOARD MEMBER
- Total calculated
- $339
- From this org
- $339
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
DAVE ROBERTS
BOARD MEMBER
- Total calculated
- $667
- From this org
- $667
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
BRAD STEVENS
BOARD MEMBER
- Total calculated
- $1,083
- From this org
- $1,083
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
DARCY WILLIAMS
BOARD MEMBER
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
THOMAS BORCHARDT
BOARD MEMBER (EMERITUS)
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
RICK BROWNING
BOARD MEMBER (EMERITUS)
- Total calculated
- $1,657
- From this org
- $1,657
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
BARBARA THOMAS
BOARD MEMBER (EMERITUS)
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
WILLIAM CLARK
SUPR CMTE CHAIR
- Total calculated
- $1,580
- From this org
- $1,580
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
NIKOLAUS DEJONG
SUPR CMTE SECRETARY
- Total calculated
- $2,221
- From this org
- $2,221
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
LAURIE MADDEN
SUPR CMTE MEMBER
- Total calculated
- $431
- From this org
- $431
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
KATHRYN ORTEGA-JONES
SUPR CMTE MEMBER
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
SAENG BUNSY
SUPR CMTE MEMBER
- Total calculated
- $159
- From this org
- $159
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
ELIZABETH DOOLEY
CEO
- Total calculated
- $1,546,653
- From this org
- $1,130,767
- From related orgs
- $0
- Other
- $415,886
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $925,113
- Bonus
- $202,980
- Other
- $2,674
- Deferred
- $371,521
- Nontaxable benefits
- $44,365
- Filer's total
- $1,546,653
-
BEVERLY RYAN
CFO
- Total calculated
- $529,071
- From this org
- $484,598
- From related orgs
- $0
- Other
- $44,473
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $468,790
- Bonus
- $15,000
- Other
- $808
- Deferred
- $43,700
- Nontaxable benefits
- $773
- Filer's total
- $529,071
-
MARK PEREZ
CLO
- Total calculated
- $561,231
- From this org
- $469,895
- From related orgs
- $0
- Other
- $91,336
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $453,637
- Bonus
- $15,450
- Other
- $808
- Deferred
- $43,700
- Nontaxable benefits
- $47,636
- Filer's total
- $561,231
-
NATALIE TOMAJAN
COO
- Total calculated
- $343,760
- From this org
- $290,501
- From related orgs
- $0
- Other
- $53,259
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $274,243
- Bonus
- $15,450
- Other
- $808
- Deferred
- $39,214
- Nontaxable benefits
- $14,045
- Filer's total
- $343,760
-
DICK ASHJIAN
SVP RISK MGMT
- Total calculated
- $488,523
- From this org
- $416,518
- From related orgs
- $0
- Other
- $72,005
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $400,710
- Bonus
- $15,000
- Other
- $808
- Deferred
- $43,700
- Nontaxable benefits
- $28,305
- Filer's total
- $488,523
-
THOMAS GRAY
SVP HR & FACILITIES
- Total calculated
- $481,679
- From this org
- $415,540
- From related orgs
- $0
- Other
- $66,139
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $399,732
- Bonus
- $15,000
- Other
- $808
- Deferred
- $43,700
- Nontaxable benefits
- $22,439
- Filer's total
- $481,679
-
BRADLEY TOWERS
FINANCIAL REP
- Total calculated
- $414,141
- From this org
- $379,244
- From related orgs
- $0
- Other
- $34,897
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $65,116
- Bonus
- $313,757
- Other
- $371
- Deferred
- $20,700
- Nontaxable benefits
- $14,197
- Filer's total
- $414,141
-
ERIC HOVDA
SVP IT
- Total calculated
- $377,330
- From this org
- $306,286
- From related orgs
- $0
- Other
- $71,044
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $290,478
- Bonus
- $15,000
- Other
- $808
- Deferred
- $40,141
- Nontaxable benefits
- $30,903
- Filer's total
- $377,330
-
ELENA MARTIN
CONTROLLER
- Total calculated
- $329,708
- From this org
- $286,199
- From related orgs
- $0
- Other
- $43,509
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $270,391
- Bonus
- $15,000
- Other
- $808
- Deferred
- $17,715
- Nontaxable benefits
- $25,794
- Filer's total
- $329,708
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 4B
- THE CREDIT UNION OFFERS A 457B RETIREMENT PLAN THAT ALLOWS EXECUTIVES TO DEFER A SPECIFIED AMOUNT OF THEIR PRE-TAX INCOME FOR INVESTMENT. EMPLOYEES MAY MAKE DISCRETIONARY CONTRIBUTIONS TO THE PLAN BUT ARE NOT REQUIRED. EMPLOYEES ARE 100% VESTED AT THE TIME OF CONTRIBUTION. THE 457B FUNDS ARE INVESTED IN MUTUAL FUNDS AND OTHER INVESTMENT OPTIONS ALSO OFFERED IN THE CREDIT UNION'S 401K PLAN. CURRENTLY, THE FOLLOWING EXECUTIVES ARE ACTIVELY PARTICIPATING IN THE 457B PLAN: ELIZABETH DOOLEY, BEVERLY RYAN, MARK PEREZ, NATALIE TOMAJAN, DICK ASHJIAN, THOMAS GRAY AND ERIC HOVDA. IN 2024, $23,000 HAS BEEN CONTRIBUTED TO THE FOLLOWING EMPLOYEES PARTICIPATING IN THE 457B PLAN: ELIZABETH DOOLEY, BEVERLY RYAN, MARK PEREZ, NATALIE TOMAJAN, DICK ASHJIAN, THOMAS GRAY AND ERIC HOVDA. THE CREDIT UNION ALSO OFFERS A 457F WHICH IS FUNDED SOLELY BY A LIFE INSURANCE POLICY OWNED BY THE CREDIT UNION. CURRENTLY, ELIZABETH DOOLEY IS THE ONLY PARTICIPANT. INFORMATION OF THE LIFE INSURANCE IS BEING REPORTED ON FORM 8925.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$114,000
TO SUPPORT THE STUDENTS OF FRESNO COUNTY WITH EXEMPLARY EDUCATIONAL PROGRAMS AND SERVICES THROUGH A SHARED COMMUNITY RESPONSIBILITY.
-
$35,000
TO PROVIDE 2024 SPONSORSHIP.
-
EMPLOYEE APPRECIATION SPONSORSHIP 3 EVENTS AND SLO TEACHER OF THE YEAR 2024
-
TO HELP ENHANCE THE ACCESS TO AND QUALITY OF COMMUNITY EDUCATION FOR THE STUDENTS AND FACULTY OF THE STATE CENTER COMMUNITY COLLEGE DISTRICT.
-
$24,000
TO HELP EXPAND YOUR WORD THROUGH VOICES AND SOUNDS THAT INFORM AND INSPIRE.
-
$20,000
TO HELP SHOWCASE AGRICULTURE, PROVIDING A LINK BETWEEN URBAN AND RURAL CALIFORNIA.
-
$15,000
TO HELP GENERATE FUNDS TO SUPPORT THE GOALS OF VALLEY CHILDREN'S HEALTHCARE AND ITS AFFILIATED ENTITIES.
-
TO ASSIST IN PROVIDING STUDENT SCHOLARSHIPS.
-
FOUNDATION FOR CENTRAL SCHOOLS
$12,500
CENTRAL USD SCHOLARSHIP SPONSORSHIP
-
$12,500
BACKPACK EVENT SPONSORSHIP
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503109349304605
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.