Civic Intelligence

Monterra Community Fund

EIN 85-0663372 • 501(c)3 • Redwood City, CA

Profile

Monterra community fund is a 501(c)(3) nonprofit fund created by monterra credit union to support our commitment to financial wellness in our community.

350 Convention WayRedwood City, CA 94063

www.monterracommunityfund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-619%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-49%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

5th percentile

-97%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$411,488

Down $95,041 (-19%) from 2023

Liabilities

Down

$0

Down $30,000 (-100%) from 2023

Net Assets

Down

$411,488

Down $65,041 (-14%) from 2023

Revenue

Down

$10,510

Down $629,763 (-98%) from 2023

Expenses

Down

$75,551

Down $756,143 (-91%) from 2023

Net Income

Up

-$65,041

Up $126,380 (+66%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2020: $1,426,828Liabilities 2020: $1,049,329Net Assets 2020: $377,4992020Assets 2021: $1,513,371Liabilities 2021: $940,000Net Assets 2021: $573,3712021Assets 2022: $1,552,950Liabilities 2022: $885,000Net Assets 2022: $667,9502022Assets 2023: $506,529Liabilities 2023: $30,000Net Assets 2023: $476,5292023Assets 2024: $411,488Liabilities 2024: $0Net Assets 2024: $411,4882024

Highlighted filing

2024

Assets$411,488
Liabilities$0
Net Assets$411,488

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2020: $11,096,778Expenses 2020: $10,719,279Net Income 2020: $377,4992020Revenue 2021: $6,964,137Expenses 2021: $7,768,318Net Income 2021: -$804,1812021Revenue 2022: $12,185,125Expenses 2022: $12,090,546Net Income 2022: $94,5792022Revenue 2023: $640,273Expenses 2023: $831,694Net Income 2023: -$191,4212023Revenue 2024: $10,510Expenses 2024: $75,551Net Income 2024: -$65,0412024

Highlighted filing

2024

Revenue$10,510
Expenses$75,551
Net Income-$65,041

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$10,510
Mission and Program Overview

Mission

The smcu community fund is a 501(c)(3) nonprofit fund created by san mateo credit union to support our commitment to financial wellness in our community.

Monterra community fund is a 501(c)(3) nonprofit fund created by monterra credit union to support our commitment to financial wellness in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$506,529$411,488▼ $95,041
Total Assets$506,529$411,488▼ $95,041
Liabilities
Deferred Revenue$25,000$0▼ $25,000
Grants Payable$5,000$0▼ $5,000
Total Liabilities$30,000$0▼ $30,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$476,529$411,488▼ $65,041
Total Net Assets Fund Balance$476,529$411,488▼ $65,041
Total Liabilities and Net Assets / Fund Balance$506,529$411,488▼ $95,041
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wade PainterPresident
Valerie AlsipDirector
David DiamondCFO & Treasurer
Suzanne KnowltonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$10,228
Program Service Revenue
$0
Investment Income
$282
Other Revenue
$0
All Other Contributions
$10,228
Change in Net Assets
$-65,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$61,968
Other Expenses$13,583
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$36,968--$36,968
Grants to Domestic Individuals$25,000--$25,000
Fees for Services Accounting-$11,865-$11,865
Fees for Services Legal-$1,078-$1,078
All Other Expenses-$540-$540
Other Expenses-$100-$100
Total Functional Expenses$61,968$13,583$0$75,551
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thrive AllianceRedwood City, CA501(c)(3)To Provide Assistance to Nonprofits Located in San Mateo County$17,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent tax preparer in conjunction with the organization's accounting and finance team. A draft form 990 is then reviewed by the cfo & treasurer; adjustments are made, as necessary. A complete copy of the form 990 is provided to all members of the governing body prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All officers and board members are required to sign a conflict of interest disclosure statement, and have an ongoing to disclose any transactions which may present a conflict to monterra community fund. Disclosure of a potential conflict should be made to the president, who shall bring the matter to the attention of the board of directors. The board of directors shall determine when a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to monterra community fund. The decision of the board of directors on these matters will rest in their sole discretion. The individual with the conflict of interest is excluded from the discussion and approval of such transaction.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements, governing documents, and conflict of interest policy available upon request.

Filing and Contact Details

Filer

Filer Name
Monterra Community Fund
EIN
85-0663372
Phone
6503631725
Address
350 CONVENTION WAY, REDWOOD CITY, CA 94063

Signing Officer

Name
David Diamond
Title
CFO & Treasurer
Phone
6503631725
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wade Painter
Formed
2020
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
101 SECOND STREET SUITE 900, SAN FRANCISCO, CA 94105
Preparer
Michael Lumsden
Phone
4159561500
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt116560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt211570
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt313578
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016772
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt111519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt226078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt322459
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt010801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WADE PAINTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VALERIE ALSIP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DAVID DIAMOND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3SUZANNE KNOWLTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO & TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0872583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1448767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2403743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3245047
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PRESIDENT IS COMPENSATED BY MONTERRA CREDIT UNION, A RELATED ORGANIZATION. MONTERRA CREDIT UNION UTILIZES THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION OF THE PRESIDENT: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; COMPENSATION SURVEY OR STUDY; AND APPROVAL BY MONTERRA CREDIT UNION'S BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1MONTERRA CREDIT UNION (A RELATED ORGANIZATION OF MONTERRA COMMUNITY FUND, BY DEFINITION OF THE FORM 990 INSTRUCTIONS) HAS MADE A LOAN FOR LIFE INSURANCE PREMIUM PAYMENTS TO THE PRESIDENT OF MONTERRA COMMUNITY FUND RELATING TO HIS SERVICES AS PRESIDENT/CEO OF MONTERRA CREDIT UNION. THE LOAN IS COLLATERALIZED BY THE ASSIGNMENT OF THE POLICY DEATH BENEFITS AND CASH VALUES OF THE LIFE INSURANCE POLICY, PLUS INCOME ANNUITIES USED TO FUND THE POLICY. THE POLICY IS OWNED BY THE PRESIDENT AND THE PRESIDENT HAS THE RIGHT TO NAME THE BENEFICIARIES FOR AMOUNTS NOT SECURED BY THE ASSIGNMENTS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER IN CONJUNCTION WITH THE ORGANIZATION'S ACCOUNTING AND FINANCE TEAM. A DRAFT FORM 990 IS THEN REVIEWED BY THE CFO & TREASURER; ADJUSTMENTS ARE MADE, AS NECESSARY. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS AND BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT, AND HAVE AN ONGOING TO DISCLOSE ANY TRANSACTIONS WHICH MAY PRESENT A CONFLICT TO MONTERRA COMMUNITY FUND. DISCLOSURE OF A POTENTIAL CONFLICT SHOULD BE MADE TO THE PRESIDENT, WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL DETERMINE WHEN A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO MONTERRA COMMUNITY FUND. THE DECISION OF THE BOARD OF DIRECTORS ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION. THE INDIVIDUAL WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MONTERRA CREDIT UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0941231186
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(14)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CREDIT UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0350 CONVENTION WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0REDWOOD CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094063
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0506529
IRS990/TotalAssetsEOYAmt0411488
IRS990/TotalAssetsGrp/BOYAmt0506529
IRS990/TotalAssetsGrp/EOYAmt0411488
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt010228
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013583
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061968
IRS990/TotalFunctionalExpensesGrp/TotalAmt075551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt030000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0476529
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0411488
IRS990/TotalOtherCompensationAmt0139236
IRS990/TotalProgramServiceExpensesAmt061968
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0282
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010510
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0506529
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0411488
IRS990/TotReportableCompRltdOrgAmt01830904
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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