Form 990 for tax year 2023
Filed by CALIFORNIA CREDIT UNION LEAGUE.
Totals
- Total revenue
- $8,666,025
- Total expenses
- $6,520,032
- Contributions and grants received
- $437,775
- Grants paid
- $106,666
- Program service revenue
- $7,157,946
- Investment income
- $563,834
- Other revenue
- $506,470
- Total assets, end of year
- $33,476,335
- Total liabilities, end of year
- $9,943,821
- Net assets or fund balances, end of year
- $23,532,514
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$437,775
-
2a · Program service revenue: MEMBERSHIP FEES
total $7,110,228 · related or exempt $7,110,228
-
2b · Program service revenue: EDUCATION PROGRAM REVE
total $47,718 · related or exempt $47,718
-
3 · Investment income
total $513,998 · excluded $513,998
-
7a · Gross sales of assets other than inventory
securities $493,315
-
7b · Less cost or other basis and sales expenses
securities $443,479
-
7c · Gain or loss
securities $49,836
-
7d · Net gain or loss
total $49,836 · related or exempt $49,836
-
11a · Other revenue: EQUITY INCOME OF SUBSI
total $208,912 · related or exempt $208,912
-
11b · Other revenue: GAIN ON DEFERRED COMPE
total $158,971 · excluded $158,971
-
11c · Other revenue: OTHER INCOME
total $138,587 · related or exempt $138,587
-
11e · Other revenue, total
$506,470
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $106,666
-
5 · Compensation of officers, directors and key employees
total $2,055,978
-
7 · Other salaries and wages
total $305,866
-
8 · Pension plan contributions
total $66,797
-
9 · Other employee benefits
total $134,167
-
10 · Payroll taxes
total $128,671
-
11b · Fees: legal
total $100,491
-
11c · Fees: accounting
total $14,305
-
11d · Fees: lobbying
total $147,166
-
11g · Fees: other
total $1,769,442
-
13 · Office expenses
total $43,808
-
16 · Occupancy
total $311,995
-
17 · Travel
total $135,958
-
19 · Conferences, conventions and meetings
total $47,056
-
22 · Depreciation, depletion and amortization
total $8,711
-
23 · Insurance
total $21,524
-
24a · Other expenses: MEMBER BENEFITS
total $520,821
-
24b · Other expenses: EDUCATION PROGRAMS AND
total $358,042
-
24c · Other expenses: OTHER EXPENSES
total $131,009
-
24d · Other expenses: PUBLIC ADVOCACY
total $75,000
-
24e · All other expenses
total $36,559
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,439,451 · end of year $8,369,329
-
2 · Savings and temporary cash investments
beginning of year $6,516,056 · end of year $7,786,608
-
4 · Accounts receivable
beginning of year $4,881,817 · end of year $4,651,450
-
7 · Other notes and loans receivable
beginning of year $379,378 · end of year $379,378
-
9 · Prepaid expenses and deferred charges
beginning of year $285,676 · end of year $228,662
-
10a · Land, buildings and equipment: cost or other basis
$107,043
-
10b · Land, buildings and equipment: accumulated depreciation
$87,283
-
10c · Land, buildings and equipment, net
beginning of year $13,045 · end of year $19,760
-
11 · Investments: publicly traded securities
beginning of year $4,875,188 · end of year $5,070,581
-
12 · Investments: other securities
beginning of year -$292,345 · end of year -$64,556
-
15 · Other assets
beginning of year $7,061,156 · end of year $7,035,123
-
17 · Accounts payable and accrued expenses
beginning of year $3,882,726 · end of year $3,794,291
-
19 · Deferred revenue
beginning of year $4,144,274 · end of year $4,315,403
-
25 · Other liabilities
beginning of year $2,012,304 · end of year $1,834,127
-
27 · Net assets without donor restrictions
beginning of year $17,643,556 · end of year $19,893,002
-
28 · Net assets with donor restrictions
beginning of year $3,476,562 · end of year $3,639,512
Mission and programs · 2023
Mission
PROVIDE CREDIT UNIONS WITH ADVOCACY, EDUCATION, INFORMATION AND LEADERSHIP.
-
ADVOCACY: EXECUTE AN AGGRESSIVE, COMPREHENSIVE ADVOCACY PLAN THAT INCREASES AWARENESS AND SUPPORT OF CREDIT UNIONS AMONG CONSUMERS AND POLICY MAKERS, AND ENHANCES THE LEGISLATIVE AND REGULATORY ENVIRONMENT FOR CREDIT UNIONS.
-
INFORMATION: PRODUCE PROACTIVE INFORMATION FOR AND ABOUT CREDIT UNIONS IN A MANNER THAT POSITIONS US AS A PRIMARY RESOURCE FOR CREDIT UNIONS,POLICYMAKERS, MEDIA, CONSUMER GROUPS AND OTHER INTERESTED PARTIES.
-
EDUCATION: DELIVER QUALITY, FINANCIALLY SELF-SUPPORTING EDUCATION PROGRAMS THAT ENABLE CREDIT UNIONS TO EFFECTIVELY AND EFFICIENTLY NAVIGATE THE FINANCIAL SERVICES LANDSCAPE.
-
LEADERSHIP: CHAMPION THE VITALITY OF CREDIT UNIONS BY TAKING A LEADERSHIP ROLE, REGIONALLY AND NATIONALLY, IN PROMOTING COOPERATION BETWEEN CREDIT UNIONS AND RELATED ORGANIZATIONS AND IN CULTIVATING INDUSTRY LEADERS.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
GERI LACHANCE
EXEC. DIRECTOR/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
CAROL GALIZIA
EXEC. DIRECTOR/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SARA KLEIN
AT LARGE EXEC COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DAVE GUNDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DONNA BLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JENNIFER OLIVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ROB GREAFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TERRY CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOSE LARA
DIRECTOR - EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5
-
NADER MOGHADDAM
DIRECTOR - EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5
-
DIANA DYKSTRA
PRESIDENT/CEO
- Total calculated
- $1,229,626
- From this org
- $1,202,079
- From related orgs
- $0
- Other
- $27,547
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $845,862
- Bonus
- $316,720
- Other
- $39,497
- Deferred
- $16,500
- Nontaxable benefits
- $11,047
- Filer's total
- $1,229,626
-
LAWRENCE PALOCHIK
EVP
- Total calculated
- $445,386
- From this org
- $0
- From related orgs
- $395,916
- Other
- $49,470
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $329,862 related
- Bonus
- $0 + $65,088 related
- Other
- $0 + $966 related
- Deferred
- $0 + $16,500 related
- Nontaxable benefits
- $0 + $32,970 related
- Filer's total
- $0 + $445,386 related
-
DAVINA LAW
SECRETARY/EXECUTIVE ASSISTANT
- Total calculated
- $147,290
- From this org
- $110,981
- From related orgs
- $0
- Other
- $36,309
- Hours/week
- 30 + 10 related
-
ROBERT WILSON
SVP STATE GOVT AFFAIRS
- Total calculated
- $284,847
- From this org
- $271,268
- From related orgs
- $0
- Other
- $13,579
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,933
- Bonus
- $42,000
- Other
- $335
- Deferred
- $11,473
- Nontaxable benefits
- $2,106
- Filer's total
- $284,847
-
STEPHANIE CUEVAS
SVP FEDERAL GOVT AFFAIRS
- Total calculated
- $198,436
- From this org
- $196,825
- From related orgs
- $0
- Other
- $1,611
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,482
- Bonus
- $18,159
- Other
- $7,184
- Deferred
- $0
- Nontaxable benefits
- $1,611
- Filer's total
- $198,436
-
LISA DESCHAINE-QUARANTA
VP OF REGULATORY ADVOCACY AND COMPLIANCE
- Total calculated
- $192,893
- From this org
- $163,722
- From related orgs
- $0
- Other
- $29,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,310
- Bonus
- $22,977
- Other
- $435
- Deferred
- $8,424
- Nontaxable benefits
- $20,747
- Filer's total
- $192,893
-
RICHARD STANTON
VP MEDIA RELATIONS & DATA ANALYSIS
- Total calculated
- $174,983
- From this org
- $163,649
- From related orgs
- $0
- Other
- $11,334
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $142,915
- Bonus
- $14,299
- Other
- $6,435
- Deferred
- $8,108
- Nontaxable benefits
- $3,226
- Filer's total
- $174,983
-
ANGELICA RODRIGUEZ
POLITICAL ADVOCACY MANAGER
- Total calculated
- $139,522
- From this org
- $110,490
- From related orgs
- $0
- Other
- $29,032
- Hours/week
- 40
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, and on a Form 990-PF Part VIII's — 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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- DIANA DYKSTRA - TRAVEL FOR COMPANIONS - INCLUDED $4,764 IN TAXABLE INCOME.
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
-
$7,728
TO ASSIST THE CREDIT UNION IN SERVING THEIR MEMBERS AND THE COMMUNITY.
-
$6,895
TO SUPPORT THE CREDIT UNION ACHIEVE THEIR CORE VALUES AND COMMITMENT.
-
$6,500
TO HELP THE CREDIT UNION IN ITS VISION TO EDUCATE THEIR MEMBER REACH FINANCIAL GOALS.
-
$6,000
TO ASSIST THE CREDIT UNION IN HELPING AS MANY PEOPLE AS POSSIBLE THROUGH DONATIONS.
-
TO HELP THE CREDIT UNION IN ITS MISSION TO HELP MEMBERS REACH THEIR FINANCIAL DREAMS.
-
TO ASSIST THE CREDIT UNION IN ITS MISSION TO PROVIDE MEMBERS WITH STONG FINANCIAL BASE .
-
$6,000
TO SUPPORT THE CREDIT UNION IN MAKING A POSITIVE DIFFERENCE IN THE FINANCIAL WELL-BEING OF THEIR MEMBERS.
-
TO SUPPORT CREDIT UNION IN ITS MAIN PRINCIPLE 'PEOPLE HELPING PEOPLE'.
-
TO ASSIST THE CREDIT UNION IN PROVIDING VALUABLE FINANCIAL PRODUCTS AND SERVICES.
-
TO ASSIST THE CREDIT UNION IN ITS MISSION TO ENCOURAGE SAVINGS AND WISE USE OF CREDIT.
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CALIFORNIA LEAGUE SERVICES CORP
C · SUPPORT SERVICES · CA · 100% owned · share of income $6,210,385 · share of assets $5,957,206 · controlled entity
Directly controlled by CALIFORNIA CREDIT UNION LEAGUE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422839349302157
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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