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Nonprofiteer
← CALIFORNIA CREDIT UNION LEAGUE

Form 990 for tax year 2022

Filed by CALIFORNIA CREDIT UNION LEAGUE.

Totals

Total revenue
$7,938,377
Total expenses
$6,736,755
Contributions and grants received
$391,448
Grants paid
$83,219
Program service revenue
$6,957,085
Investment income
$302,992
Other revenue
$286,852
Total assets, end of year
$31,159,422
Total liabilities, end of year
$10,039,304
Net assets or fund balances, end of year
$21,120,118
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

    $391,448

  • 2a · Program service revenue: MEMBERSHIP FEES

    total $6,914,518 · related or exempt $6,914,518

  • 2b · Program service revenue: EDUCATION PROGRAM REVE

    total $42,567 · related or exempt $42,567

  • 3 · Investment income

    total $333,463 · excluded $333,463

  • 7a · Gross sales of assets other than inventory

    securities $721,726

  • 7b · Less cost or other basis and sales expenses

    securities $752,197

  • 7c · Gain or loss

    securities -$30,471

  • 7d · Net gain or loss

    total -$30,471 · related or exempt -$30,471

  • 11a · Other revenue: GAIN ON DEFERRED COMPE

    total $172,482 · excluded $172,482

  • 11b · Other revenue: OTHER INCOME

    total $114,710 · related or exempt $114,710

  • 11c · Other revenue: EQUITY INCOME OF SUBSI

    total -$340 · related or exempt -$340

  • 11e · Other revenue, total

    $286,852

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $83,219

  • 5 · Compensation of officers, directors and key employees

    total $2,139,669

  • 7 · Other salaries and wages

    total $418,380

  • 9 · Other employee benefits

    total $6,033

  • 10 · Payroll taxes

    total $146,377

  • 11b · Fees: legal

    total $104,401

  • 11c · Fees: accounting

    total $24,098

  • 11d · Fees: lobbying

    total $157,993

  • 11g · Fees: other

    total $1,812,609

  • 12 · Advertising and promotion

    total $137

  • 13 · Office expenses

    total $50,496

  • 16 · Occupancy

    total $302,865

  • 17 · Travel

    total $130,377

  • 19 · Conferences, conventions and meetings

    total $28,361

  • 22 · Depreciation, depletion and amortization

    total $5,881

  • 23 · Insurance

    total $26,906

  • 24a · Other expenses: MEMBER BENEFITS

    total $506,402

  • 24b · Other expenses: EDUCATION PROGRAMS AND

    total $348,728

  • 24c · Other expenses: EXCISE AND PROPERTY TAX

    total $236,248

  • 24d · Other expenses: OTHER EXPENSES

    total $132,575

  • 24e · All other expenses

    total $75,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,718,323 · end of year $7,439,451

  • 2 · Savings and temporary cash investments

    beginning of year $5,382,421 · end of year $6,516,056

  • 4 · Accounts receivable

    beginning of year $4,502,772 · end of year $4,881,817

  • 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 $180,854 · end of year $285,676

  • 10a · Land, buildings and equipment: cost or other basis

    $91,616

  • 10b · Land, buildings and equipment: accumulated depreciation

    $78,571

  • 10c · Land, buildings and equipment, net

    beginning of year $20,578 · end of year $13,045

  • 11 · Investments: publicly traded securities

    beginning of year $6,029,516 · end of year $4,875,188

  • 12 · Investments: other securities

    beginning of year $142,270 · end of year -$292,345

  • 15 · Other assets

    beginning of year $5,175,216 · end of year $7,061,156

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,712,251 · end of year $3,882,726

  • 19 · Deferred revenue

    beginning of year $3,102,713 · end of year $4,144,274

  • 25 · Other liabilities

    beginning of year $1,347,015 · end of year $2,012,304

  • 27 · Net assets without donor restrictions

    beginning of year $17,932,130 · end of year $17,643,556

  • 28 · Net assets with donor restrictions

    beginning of year $3,437,219 · end of year $3,476,562

Mission and programs · 2022

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 2022 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 ROUGHTON

    PAST CHAIR; EXEC MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • 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

    EX-OFFICIO, DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • NADER MOGHADDAM

    EX-OFFICIO, DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DIANA DYKSTRA

    PRESIDENT/CEO

    Total calculated
    $2,227,099
    From this org
    $2,201,551
    From related orgs
    $0
    Other
    $25,548
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $774,730
    Bonus
    $1,362,847
    Other
    $63,974
    Deferred
    $15,250
    Nontaxable benefits
    $10,298
    Filer's total
    $2,227,099

  • LAWRENCE PALOCHIK

    CFO/SENIOR VP

    Total calculated
    $374,575
    From this org
    $0
    From related orgs
    $329,974
    Other
    $44,601
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $313,979 related
    Bonus
    $0
    Other
    $0 + $15,995 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $29,351 related
    Filer's total
    $0 + $374,575 related

  • DAVINA LAW

    SECRETARY/EXECUTIVE ASSIST

    Total calculated
    $130,765
    From this org
    $97,291
    From related orgs
    $0
    Other
    $33,474
    Hours/week
    30 + 10 related

  • JEREMY EMPOL

    LOBBYIST & VP FEDERAL GOVT

    Total calculated
    $269,645
    From this org
    $228,563
    From related orgs
    $0
    Other
    $41,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,340
    Bonus
    $0
    Other
    $25,223
    Deferred
    $11,732
    Nontaxable benefits
    $29,350
    Filer's total
    $269,645

  • ROBERT ARNOULD

    SVP ADVOCACY

    Total calculated
    $240,721
    From this org
    $221,651
    From related orgs
    $0
    Other
    $19,070
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $61,373
    Bonus
    $0
    Other
    $160,278
    Deferred
    $3,266
    Nontaxable benefits
    $15,804
    Filer's total
    $240,721

  • ROBERT WILSON

    VP STATE GOVT AFFAIRS

    Total calculated
    $186,287
    From this org
    $175,850
    From related orgs
    $0
    Other
    $10,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,098
    Bonus
    $0
    Other
    $9,752
    Deferred
    $8,331
    Nontaxable benefits
    $2,106
    Filer's total
    $186,287

  • RICHARD STANTON

    VP MEDIA RELATIONS & DATA

    Total calculated
    $167,350
    From this org
    $135,191
    From related orgs
    $0
    Other
    $32,159
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $131,092
    Bonus
    $0
    Other
    $4,099
    Deferred
    $6,973
    Nontaxable benefits
    $25,186
    Filer's total
    $167,350

  • LISA DESCHAINE-QUARANTA

    VP OF REGULATORY ADVOCACY

    Total calculated
    $163,302
    From this org
    $134,418
    From related orgs
    $0
    Other
    $28,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,908
    Bonus
    $0
    Other
    $510
    Deferred
    $9,636
    Nontaxable benefits
    $19,248
    Filer's total
    $163,302

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
  • 4a · Severance or change-of-control payment

Answered no

  • 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 $21,319 IN TAXABLE INCOME.
PART I, LINE 4A
ROBERT ARNOULD, KEY EMPLOYEE, RECEIVED A SEVERANCE PAYMENT IN 2022.

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

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 $5,387,667 · share of assets $5,758,431 · controlled entity

    Directly controlled by CALIFORNIA CREDIT UNION LEAGUE

Provenance

Return type
form_990
Tax year
2022
Filed
2 October 2023
IRS schema version
2022v5.0
Source object
202302809349300800

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