Form 990 for tax year 2023
Filed by ALTURA CREDIT UNION FKA RIVERSIDE COUNTY'S CREDIT UNION.
Totals
- Total revenue
- $142,842,923
- Total expenses
- $127,984,580
- Contributions and grants received
- $0
- Grants paid
- $192,406
- 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
-
JERRY RIVERA
CHAIRMAN
- Total calculated
- $1,147
- From this org
- $1,147
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
JOSEPH CALDERON
VICE CHAIRMAN
- Total calculated
- $738
- From this org
- $738
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
GLORIA PEREZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
EUGENE KIM
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
PERRY REED
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA PURVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
NORMAN PERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JACQUELINE HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARK BALYS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
KEITH D DOWNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
NINFA DELGADO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER BINKLEY
CEO
- Total calculated
- $996,061
- From this org
- $955,137
- From related orgs
- $0
- Other
- $40,924
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $767,418
- Bonus
- $176,059
- Other
- $11,660
- Deferred
- $13,330
- Nontaxable benefits
- $27,594
- Filer's total
- $996,061
-
KEVIN SHERRELL
EVP/CSO
- Total calculated
- $533,397
- From this org
- $513,597
- From related orgs
- $0
- Other
- $19,800
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $409,545
- Bonus
- $97,529
- Other
- $6,523
- Deferred
- $19,800
- Nontaxable benefits
- $0
- Filer's total
- $533,397
-
KATHLEEN THAYER
SVP/CFO
- Total calculated
- $464,214
- From this org
- $430,866
- From related orgs
- $0
- Other
- $33,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $346,798
- Bonus
- $76,009
- Other
- $8,059
- Deferred
- $17,001
- Nontaxable benefits
- $16,347
- Filer's total
- $464,214
-
CHIN H PYUN
SVP/CLO
- Total calculated
- $370,733
- From this org
- $345,521
- From related orgs
- $0
- Other
- $25,212
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $271,513
- Bonus
- $68,008
- Other
- $6,000
- Deferred
- $16,524
- Nontaxable benefits
- $8,688
- Filer's total
- $370,733
-
CHRIS ANDRUS
SVP/CMO
- Total calculated
- $391,096
- From this org
- $343,640
- From related orgs
- $0
- Other
- $47,456
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,098
- Bonus
- $72,912
- Other
- $630
- Deferred
- $19,800
- Nontaxable benefits
- $27,656
- Filer's total
- $391,096
-
ROBERT WHITTON FORMER
SVP/CXO
- Total calculated
- $353,941
- From this org
- $332,401
- From related orgs
- $0
- Other
- $21,540
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $257,945
- Bonus
- $74,304
- Other
- $152
- Deferred
- $11,988
- Nontaxable benefits
- $9,552
- Filer's total
- $353,941
-
SCOTT MURRAY
SVP/CIO
- Total calculated
- $352,791
- From this org
- $331,056
- From related orgs
- $0
- Other
- $21,735
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,361
- Bonus
- $59,361
- Other
- $6,334
- Deferred
- $19,357
- Nontaxable benefits
- $2,378
- Filer's total
- $352,791
-
NATALIE BROWN
SVP/LENDING
- Total calculated
- $291,906
- From this org
- $257,857
- From related orgs
- $0
- Other
- $34,049
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,150
- Bonus
- $34,427
- Other
- $6,280
- Deferred
- $15,952
- Nontaxable benefits
- $18,097
- Filer's total
- $291,906
-
JULIE BJORNSTAD
SVP/HR
- Total calculated
- $278,582
- From this org
- $240,785
- From related orgs
- $0
- Other
- $37,797
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,289
- Bonus
- $47,265
- Other
- $231
- Deferred
- $14,105
- Nontaxable benefits
- $23,692
- Filer's total
- $278,582
-
GREG REXROAD
MORTGAGE LOAN OFFICER
- Total calculated
- $401,500
- From this org
- $358,955
- From related orgs
- $0
- Other
- $42,545
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $348,370
- Bonus
- $10,473
- Other
- $112
- Deferred
- $19,800
- Nontaxable benefits
- $22,745
- Filer's total
- $401,500
-
GREG CHANTLER
VP, CORPORATE REAL ESTATE
- Total calculated
- $270,442
- From this org
- $228,848
- From related orgs
- $0
- Other
- $41,594
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,207
- Bonus
- $35,641
- Other
- $0
- Deferred
- $14,255
- Nontaxable benefits
- $27,339
- Filer's total
- $270,442
-
LUIS BARRIOS
COMMERCIAL BUS DEVELOPMENT OFFICER
- Total calculated
- $260,389
- From this org
- $227,568
- From related orgs
- $0
- Other
- $32,821
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,303
- Bonus
- $26,078
- Other
- $187
- Deferred
- $9,025
- Nontaxable benefits
- $23,796
- Filer's total
- $260,389
-
SOHEILA NICKMANESH
MORTGAGE LOAN OFFICER
- Total calculated
- $236,045
- From this org
- $215,388
- From related orgs
- $0
- Other
- $20,657
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,610
- Bonus
- $8,778
- Other
- $0
- Deferred
- $13,004
- Nontaxable benefits
- $7,653
- Filer's total
- $236,045
-
TURHAN HUNT
VP, MEMBER SERVICES
- Total calculated
- $246,778
- From this org
- $213,335
- From related orgs
- $0
- Other
- $33,443
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,326
- Bonus
- $36,009
- Other
- $6,000
- Deferred
- $8,992
- Nontaxable benefits
- $24,451
- Filer's total
- $246,778
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
- 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 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 1A
- THE CHIEF EXECUTIVE OFFICER WAS REIMBURSED FOR SOCIAL CLUB DUES. THE AMOUNT IS INCLUDED IN COMPENSATION ON SCHEDULE J, PART II, COLUMN B(III). THE DUES REPRESENT AMOUNTS PAID TO THE VICTORIA CLUB, AND ARE A TAXABLE ITEM FOR THE CEO AS IT IS CONSIDERED A BENEFIT. THE REIMBURSEMENT FOR COMPANION TRAVEL EXPENSES MUST BE APPROVED IN ADVANCE OF TRAVEL BY THE BOARD OF DIRECTORS. FOR TRAVEL BENEFITS RECEIVED IN EXCESS OF $600 DURING ANY TAX YEAR, THE CREDIT UNION WILL ISSUE A FORM 1099 TO THE RECIPIENT.
- PART I, LINE 4B
- THE CREDIT UNION ENTERED INTO A SPLIT-DOLLAR AGREEMENT WITH THE CEO IN 2018. THE CREDIT UNION ENTERED INTO A SPLIT-DOLLAR AGREEMENT WITH THE EVP/CSO IN 2019.
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
-
ALTURA CREDIT UNION FOUNDATION
$192,406
TO ASSIST HIGH SCHOOL SENIORS IN REACHING THEIR HIGHER EDUCATION GOALS.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ALTURA CREDIT UNION FOUNDATION
501(C)(3) · SCHOLARSHIPS · CA · controlled entity
Directly controlled by ALTURA CU
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422759349301767
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