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MONTERRA CREDIT UNION

EIN 94-1231186 REDWOOD CITY, CA

Revenue 2024
$94,782,581
Expenses 2024
$75,381,520

As filed

Subsection
14
NTEE code
W61
Classification
1000
Street
350 CONVENTION WAY 3RD FLOOR

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

Mission

PASSIONATELY DELIVER RELEVANT PRODUCTS, SERVICES, AND EDUCATION TAILORED TO HELP OUR MEMBERS, EMPLOYEES, AND COMMUNITIES ACHIEVE THEIR FINANCIAL GOALS.

Activities or mission (Part I)

PROVIDE A RANGE OF FINANCIAL PRODUCTS AND SERVICES TO IMPROVE THE FINANCIAL LIVES OF OUR MEMBERS.

  • MONTERRA CREDIT UNION IS A FINANCIAL COOPERATIVE SERVING THE COMMUNITIES WITHIN SAN MATEO COUNTY, CITY OF PALO ALTO AND SELECT NEIGHBORHOODS IN SAN FRANCISCO. WE HAVE SEVEN BRANCHES THROUGHOUT THESE GEOGRAPHICAL AREAS AND A HEADQUARTERS OFFICE LOCATED IN REDWOOD CITY, CALIFORNIA. AS OF YEAR-END 2024, WE HAD 96,616 MEMBER-OWNERS. WE OFFER OUR MEMBERS A WIDE ARRAY OF RETAIL FINANCIAL PRODUCTS AND SERVICES, AND WE PROVIDE FINANCIAL EDUCATION TO YOUTH AND ADULTS THROUGHOUT THE COMMUNITIES WE SERVE. MONTERRA CREDIT UNION OFFERS AN ARRAY OF CONSUMER FINANCIAL PRODUCTS, INCLUDING RESIDENTIAL REAL ESTATE LOANS, AUTOMOBILE LOANS, SECURED AND UNSECURED LOANS, CREDIT CARDS, SMALL BUSINESS LOANS, AS WELL AS CHECKING, SAVINGS AND CERTIFICATE OF DEPOSIT ACCOUNTS.

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.

  • STEVE DIVNEY

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN BEIERS

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KATE HARR

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MAGDA GONZALEZ

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL CLAIRE

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL OKADA

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN PONTY

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • WADE PAINTER

    CEO/PRESIDENT

    Total calculated
    $872,583
    From this org
    $835,111
    From related orgs
    $0
    Other
    $37,472
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $681,119
    Bonus
    $143,191
    Other
    $10,801
    Deferred
    $20,700
    Nontaxable benefits
    $16,772
    Filer's total
    $872,583

  • DAVID DIAMOND

    VP, CHIEF FINANCIAL OFFICER

    Total calculated
    $403,743
    From this org
    $366,095
    From related orgs
    $0
    Other
    $37,648
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $337,284
    Bonus
    $28,811
    Other
    $0
    Deferred
    $11,570
    Nontaxable benefits
    $26,078
    Filer's total
    $403,743

  • VALERIE ALSIP

    EVP/COO

    Total calculated
    $448,767
    From this org
    $420,688
    From related orgs
    $0
    Other
    $28,079
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $384,287
    Bonus
    $36,401
    Other
    $0
    Deferred
    $16,560
    Nontaxable benefits
    $11,519
    Filer's total
    $448,767

  • PATRICIA ELLINGSON

    EVP, CHIEF LENDING OFFICER

    Total calculated
    $363,993
    From this org
    $323,933
    From related orgs
    $0
    Other
    $40,060
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $296,176
    Bonus
    $27,757
    Other
    $0
    Deferred
    $19,075
    Nontaxable benefits
    $20,985
    Filer's total
    $363,993

  • REBECCA NIXON

    SVP, CHIEF PEOPLE OFFICER

    Total calculated
    $323,728
    From this org
    $272,768
    From related orgs
    $0
    Other
    $50,960
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,164
    Bonus
    $22,604
    Other
    $0
    Deferred
    $15,657
    Nontaxable benefits
    $35,303
    Filer's total
    $323,728

  • WILLIAM ANDREWS

    VP INFORMATION SERVICES

    Total calculated
    $288,820
    From this org
    $247,634
    From related orgs
    $0
    Other
    $41,186
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,505
    Bonus
    $20,129
    Other
    $0
    Deferred
    $14,088
    Nontaxable benefits
    $27,098
    Filer's total
    $288,820

  • DOREEN SZYMANKSKI

    VP MEMBER EXPERIENCE

    Total calculated
    $243,410
    From this org
    $205,956
    From related orgs
    $0
    Other
    $37,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,028
    Bonus
    $19,069
    Other
    $2,859
    Deferred
    $13,256
    Nontaxable benefits
    $24,198
    Filer's total
    $243,410

  • IGNASIO MEDRANO

    VP DIGITAL SERVICES

    Total calculated
    $248,814
    From this org
    $212,725
    From related orgs
    $0
    Other
    $36,089
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,211
    Bonus
    $18,514
    Other
    $0
    Deferred
    $13,601
    Nontaxable benefits
    $22,488
    Filer's total
    $248,814

  • ROBERT CARTER

    VP ADMINISTRATIVE SERVICES

    Total calculated
    $221,848
    From this org
    $200,629
    From related orgs
    $0
    Other
    $21,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,605
    Bonus
    $19,024
    Other
    $0
    Deferred
    $12,970
    Nontaxable benefits
    $8,249
    Filer's total
    $221,848

  • RICHARD KINZIE

    VP RISK & COMPLIANCE

    Total calculated
    $249,369
    From this org
    $210,854
    From related orgs
    $0
    Other
    $38,515
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,256
    Bonus
    $18,598
    Other
    $0
    Deferred
    $12,589
    Nontaxable benefits
    $25,926
    Filer's total
    $249,369

  • DANI ROBINSON

    VP CREDIT RISK

    Total calculated
    $207,419
    From this org
    $182,235
    From related orgs
    $0
    Other
    $25,184
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,924
    Bonus
    $15,311
    Other
    $0
    Deferred
    $11,176
    Nontaxable benefits
    $14,008
    Filer's total
    $207,419

  • SUZANNE KNOWLTON

    VP MARKETING & COMMUNITY RELATIONS

    Total calculated
    $245,047
    From this org
    $209,010
    From related orgs
    $0
    Other
    $36,037
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,639
    Bonus
    $18,371
    Other
    $0
    Deferred
    $13,578
    Nontaxable benefits
    $22,459
    Filer's total
    $245,047

  • CHERYL RAYO

    VP REAL ESTATE LENDING

    Total calculated
    $244,826
    From this org
    $222,647
    From related orgs
    $0
    Other
    $22,179
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,957
    Bonus
    $17,690
    Other
    $0
    Deferred
    $9,903
    Nontaxable benefits
    $12,276
    Filer's total
    $244,826

  • EMILIO JOHANSEN

    EXECUTIVE WEALTH ADVISOR

    Total calculated
    $333,093
    From this org
    $278,899
    From related orgs
    $0
    Other
    $54,194
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $60,820
    Bonus
    $216,649
    Other
    $1,430
    Deferred
    $15,246
    Nontaxable benefits
    $38,948
    Filer's total
    $333,093

  • ANATOLY VILDERMAN

    EXECUTIVE WEALTH ADVISOR

    Total calculated
    $334,770
    From this org
    $304,653
    From related orgs
    $0
    Other
    $30,117
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $72,035
    Bonus
    $230,017
    Other
    $2,601
    Deferred
    $18,861
    Nontaxable benefits
    $11,256
    Filer's total
    $334,770

  • JOHNNY ESCALANTE

    DIRECTOR OF INFORMATION SERVICES

    Total calculated
    $211,792
    From this org
    $185,273
    From related orgs
    $0
    Other
    $26,519
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,855
    Bonus
    $16,418
    Other
    $0
    Deferred
    $10,859
    Nontaxable benefits
    $15,660
    Filer's total
    $211,792

  • YOMI ANTHONIO

    SBA COMMERCIAL LENDING OFFICER

    Total calculated
    $234,372
    From this org
    $209,703
    From related orgs
    $0
    Other
    $24,669
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,153
    Bonus
    $66,350
    Other
    $5,200
    Deferred
    $6,900
    Nontaxable benefits
    $17,769
    Filer's total
    $234,372

  • JANELLE ESCALANTE

    DIRECTOR OF EMPLOYEE RELATIONS

    Total calculated
    $206,343
    From this org
    $181,974
    From related orgs
    $0
    Other
    $24,369
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,040
    Bonus
    $13,934
    Other
    $0
    Deferred
    $5,226
    Nontaxable benefits
    $19,143
    Filer's total
    $206,343

The first 25 listed. 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
    $94,782,581
    Expenses
    $75,381,520
    Contributions
    $0
    Grants paid
    $125,660
  • 2023
    Revenue
    $88,263,104
    Expenses
    $63,730,186
    Contributions
    $0
    Grants paid
    $116,856
  • 2022
    Revenue
    $70,068,460
    Expenses
    $51,836,419
    Contributions
    $0
    Grants paid
    $184,130

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
    $59,342,431
    Expenses
    $46,583,108
    Assets (EOY)
    $1,651,880,221

  • 2020 · 990

    Revenue
    $64,270,513
    Expenses
    $50,133,413
    Assets (EOY)
    $1,435,484,397

  • 2019 · 990

    Revenue
    $62,264,732
    Expenses
    $46,496,514
    Assets (EOY)
    $1,161,663,520

  • 2018 · 990

    Revenue
    $55,562,052
    Expenses
    $40,673,896
    Assets (EOY)
    $1,070,921,854

  • 2017 · 990

    Revenue
    $49,217,703
    Expenses
    $37,456,481
    Assets (EOY)
    $1,008,514,781

  • 2016 · 990

    Revenue
    $44,636,286
    Expenses
    $35,826,050
    Assets (EOY)
    $936,616,252

  • 2015 · 990

    Revenue
    $40,871,517
    Expenses
    $34,250,703
    Assets (EOY)
    $868,068,508

  • 2014 · 990

    Revenue
    $52,112,302
    Expenses
    $33,280,609
    Assets (EOY)
    $802,760,617

  • 2013 · 990

    Revenue
    $36,311,841
    Expenses
    $33,050,539
    Assets (EOY)
    $748,071,264

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $30,270,293
    Assets (EOY)
    $712,678,350

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

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

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.