SAFE CREDIT UNION

As filed

Subsection

14

Classification

1000

Street

2295 IRON POINT RD STE 100

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 94-6123880). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• SAFE HAS SERVED THE SACRAMENTO AREA SINCE 1940, AND NOW HAS MEMBERSHIP SPANNING 13 COUNTIES IN NORTHERN CALIFORNIA. SAFE HAS 19 BRANCHES IN THREE OF THESE COUNTIES: SACRAMENTO, PLACER AND YOLO. SAFE SERVES APPROXIMATELY 233,656 MEMBERS. SAFE OFFERS DEPOSITORY, LENDING AND OTHER FINANCIAL PRODUCTS AND SERVICES TO HELP ITS MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING. AS A NOT FOR PROFIT, SAFE IS ABLE TO DELIVER BENEFITS TO ITS MEMBERSHIP THROUGH LOWER LOAN RATES AND HIGHER DEPOSIT RATES. IN ADDITION, SAFE MEMBERS ENJOY THE FOLLOWING BENEFITS: ACCESS TO OVER 30,000 ATMS NATIONWIDE, ACCESS TO 5,600 SHARED BRANCH LOCATIONS NATIONWIDE, ABILITY TO PERFORM POINT-OF-SALE (POS) TRANSACTIONS, FREE ONLINE BANKING AND BILL PAY, FINANCIAL MANAGEMENT TOOLS AND EARLY PAYDAY WITH DIRECT DEPOSIT.

• SAFE OFFERS A VARIETY OF DEPOSIT PRODUCTS INCLUDING SAVINGS, CHECKING, MONEY MARKET, CERTIFICATE, RETIREMENT, BUSINESS, AND YOUTH ACCOUNTS. DEPOSITS ARE FEDERALLY INSURED TO AT LEAST $250,000 AND BACKED BY THE FULL FAITH AND CREDIT OF THE UNITED STATES GOVERNMENT. SAFE'S DEPOSIT RATES ARE VERY COMPETITIVE WITH THE MARKET. SAFE FEATURES BOTH LOW AND NO-COST CHECKING PRODUCTS AS WELL AS THOSE WITH HIGHER DIVIDEND RATES. MEMBERS CAN TRANSFER FUNDS FROM ONE DEPOSIT PRODUCT OR ACCOUNT TO ANOTHER QUICKLY AND SEAMLESSLY THROUGH OUR ONLINE, MOBILE, AND TELEPHONE BANKING SYSTEMS.

• SAFE OFFERS A VARIETY OF LOW-RATE PRODUCTS TO HELP MEMBERS WITH THEIR FINANCING NEEDS. AVAILABLE LOAN PRODUCTS INCLUDE AUTO LOANS, REAL ESTATE MORTGAGE LOANS, HOME EQUITY LINES OF CREDIT, HOME IMPROVEMENT LOANS, VISA CREDIT CARDS, SMALL BUSINESS LOANS, COMMERCIAL REAL ESTATE, AND OTHER SECURED AND UNSECURED LOANS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $254,668,911

  Expenses

  $230,107,484

  Contributions

  $0

  Grants paid

  $249,055

• 2023

  Revenue

  $229,786,087

  Expenses

  $211,556,071

  Contributions

  $0

  Grants paid

  $363,683

• 2022

  Revenue

  $183,102,902

  Expenses

  $149,829,164

  Contributions

  $0

  Grants paid

  $494,708

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $162,136,670

  Expenses

  $128,000,465

  Assets (EOY)

  $4,443,372,826

• 2020 · 990

  Revenue

  $166,534,195

  Expenses

  $148,840,008

  Assets (EOY)

  $3,814,181,101

• 2020 · 990

  Revenue

  $166,534,195

  Expenses

  $148,840,008

  Assets (EOY)

  $3,814,181,101

• 2019 · 990

  Revenue

  $168,382,611

  Expenses

  $135,549,857

  Assets (EOY)

  $3,085,573,424

• 2018 · 990

  Revenue

  $147,810,875

  Expenses

  $118,887,426

  Assets (EOY)

  $2,883,729,558

• 2017 · 990

  Revenue

  $124,805,240

  Expenses

  $104,598,446

  Assets (EOY)

  $2,699,113,126

• 2016 · 990

  Revenue

  $114,392,755

  Expenses

  $102,851,535

  Assets (EOY)

  $2,502,656,736

• 2015 · 990

  Revenue

  $103,351,050

  Expenses

  $93,946,738

  Assets (EOY)

  $2,282,091,875

• 2014 · 990

  Revenue

  $96,192,598

  Expenses

  $85,823,155

  Assets (EOY)

  $2,137,634,239

• 2013 · 990

  Revenue

  $97,111,519

  Expenses

  $83,442,637

  Assets (EOY)

  $2,004,704,102

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• Aerospace Museum of California

  $25,750

  2024 · Sponsorship and support of community-related programs and fundraisers

• Aerospace Museum of California

  $25,000

  2022 · Sponsorship and support of community-related programs and fundraisers

• Project Attain

  $25,000

  2022 · Support of Project Attain

• Saint John's Program for Real Change

  $25,000

  2024 · Q2 Grant Recipient-Saint John's party for change

• Aerospace Museum of California

  $25,000

  2023 · Sponsorship and support of community-related programs and fundraisers

• Project Attain

  $25,000

  2023 · Support of Project Attain

• Sierra College Foundation

  $22,500

  2023 · Q2 Grant recipient and Taste of Excellence

• Children's Miracle Network

  $22,100

  2023 · Support of Children's Miracle Network via SacTown Run and Kids Wine Auction

• Sacramento State Alumni Assoc

  $22,000

  2022 · 2021 Q3 Grant

• Sacramento Food Bank and Family Services

  $21,800

  2022 · No Student left Hungry Q3 2022 Grant and Joy and Kindness campaign

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• GREATER SACRAMENTO AREA ECONOMIC COUNCIL

  $10,000

  2022 · SPONSORSHIP

Other IRS files