Civic Intelligence

San Mateo Credit Union

990 • Fiscal year 2016 • EIN 94-1231186

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

350 Convention WayRedwood City, CA 94063

(650) 363-1716

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.90x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

18.90x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Net Margin

83rd percentile

20%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

71st percentile

$491,311

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Asset Growth

68th percentile

7.9%

Faster asset growth than 68% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

9.2%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Assets

Up

$936,616,252

Up $68,547,744 (+7.9%) from 2015

Net Assets

Up

$92,789,715

Up $8,810,235 (+10%) from 2015

Liabilities

Up

$843,826,537

Up $59,737,509 (+7.6%) from 2015

Revenue

Up

$44,636,286

Up $3,764,769 (+9.2%) from 2015

Expenses

Up

$35,826,050

Up $1,575,347 (+4.6%) from 2015

Net Income

Up

$8,810,236

Up $2,189,422 (+33%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2011: $649,138,031Liabilities 2011: $599,919,005Net Assets 2011: $49,219,0262011Assets 2012: $712,678,350Liabilities 2012: $657,412,680Net Assets 2012: $55,265,6702012Assets 2013: $748,071,264Liabilities 2013: $689,544,292Net Assets 2013: $58,526,9722013Assets 2014: $802,760,617Liabilities 2014: $725,401,952Net Assets 2014: $77,358,6652014Assets 2015: $868,068,508Liabilities 2015: $784,089,028Net Assets 2015: $83,979,4802015Assets 2016: $936,616,252Liabilities 2016: $843,826,537Net Assets 2016: $92,789,7152016Assets 2017: $1,008,514,781Liabilities 2017: $903,963,844Net Assets 2017: $104,550,9372017Assets 2018: $1,070,921,854Liabilities 2018: $951,482,811Net Assets 2018: $119,439,0432018Assets 2019: $1,161,663,520Liabilities 2019: $1,026,456,259Net Assets 2019: $135,207,2612019Assets 2020: $1,435,484,397Liabilities 2020: $1,286,140,036Net Assets 2020: $149,344,3612020Assets 2021: $1,651,880,221Liabilities 2021: $1,488,332,991Net Assets 2021: $163,547,2302021Assets 2022: $1,661,497,926Liabilities 2022: $1,482,369,102Net Assets 2022: $179,128,8242022Assets 2023: $1,674,734,928Liabilities 2023: $1,473,504,715Net Assets 2023: $201,230,2132023Assets 2024: $1,763,442,270Liabilities 2024: $1,542,671,402Net Assets 2024: $220,770,8682024

Highlighted filing

2016

Assets$936,616,252
Liabilities$843,826,537
Net Assets$92,789,715

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0Expenses 2011: $29,703,8282011Expenses 2012: $30,270,2932012Revenue 2013: $36,311,841Expenses 2013: $33,050,539Net Income 2013: $3,261,3022013Revenue 2014: $52,112,302Expenses 2014: $33,280,609Net Income 2014: $18,831,6932014Revenue 2015: $40,871,517Expenses 2015: $34,250,703Net Income 2015: $6,620,8142015Revenue 2016: $44,636,286Expenses 2016: $35,826,050Net Income 2016: $8,810,2362016Revenue 2017: $49,217,703Expenses 2017: $37,456,481Net Income 2017: $11,761,2222017Revenue 2018: $55,562,052Expenses 2018: $40,673,896Net Income 2018: $14,888,1562018Revenue 2019: $62,264,732Expenses 2019: $46,496,514Net Income 2019: $15,768,2182019Revenue 2020: $64,270,513Expenses 2020: $50,133,413Net Income 2020: $14,137,1002020Revenue 2021: $59,342,431Expenses 2021: $46,583,108Net Income 2021: $12,759,3232021Revenue 2022: $70,068,460Expenses 2022: $51,836,419Net Income 2022: $18,232,0412022Revenue 2023: $88,263,104Expenses 2023: $63,730,186Net Income 2023: $24,532,9182023Revenue 2024: $94,782,581Expenses 2024: $75,381,520Net Income 2024: $19,401,0612024

Highlighted filing

2016

Revenue$44,636,286
Expenses$35,826,050
Net Income$8,810,236
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$73,135,799
Mission and Program Overview

Mission

To help improve the financial

While maintaining a sound financial position, san mateo credit union, a financial cooperative, will provide a wide range of valued financial products and services and give member-owners a feeling of personal identity and belonging as an owner. We help improve the financial lives of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$535,027,948$644,153,497▲ $109,125,549
Investments Other Securities$252,297,837$187,253,977▼ $65,043,860
Rtn Earn Endowment Incm Other Fnds$83,979,480$92,789,715▲ $8,810,235
Savings and Temporary Cash Investments$48,670,507$76,213,048▲ $27,542,541
Land, Buildings, and Equipment, Net$12,471,904$16,103,833▲ $3,631,929
Receivables From Officers Etc$4,132,739$0▼ $4,132,739
Accounts Receivable$7,015,453$2,641,270▼ $4,374,183
Prepaid Expenses and Deferred Charges$1,353,320$1,141,261▼ $212,059
Cash and Non-Interest-Bearing Accounts-$1-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$868,068,508$936,616,252▲ $68,547,744
Other Assets Total$7,098,800$9,109,365▲ $2,010,565
Liabilities
Other Liabilities$779,402,988$836,888,097▲ $57,485,109
Accounts Payable and Accrued Expenses$4,686,040$6,938,440▲ $2,252,400
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Total Liabilities$784,089,028$843,826,537▲ $59,737,509
Net Assets / Fund Balance
Total Net Assets Fund Balance$83,979,480$92,789,715▲ $8,810,235
Total Liabilities and Net Assets / Fund Balance$868,068,508$936,616,252▲ $68,547,744

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,053,553$13,582,398$14,635,951
Buildings$10,050,280$2,911,968$12,962,248
Leasehold Improvements$0$5,463,779$5,463,779
Land$5,000,000-$5,000,000
Other Securities$867,250--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wade PainterPresident/CEOFT$409,564$82,858$492,422
Jack ChinnVP FinanceFT$238,061$75,268$313,329
Valerie AlsipSVP/COOFT$195,785$56,186$251,971
Donald KneislerVP Digitial ServicesFT$157,476$57,778$215,254
Robert CarterVP Administative ServicesFT$157,676$43,845$201,521
Rebecca NixonVP HrFT$141,327$44,729$186,056
Holly FraserAvp CusoFT$150,365$33,325$183,690
Dani RobinsonAvp Credit Risk MgmtFT$143,924$39,273$183,197
Doreen SzymankskiVP Member ExperienceFT$137,255$39,139$176,394
Kathleen BehrendtAvp LendingFT$134,108$41,265$175,373
William AndrewsAvp Information ServicesFT$138,032$25,232$163,264
Cynthia HeldMarketing ManagerFT$110,056$32,222$142,278
Cheryl RayoMortgage Orgination ManagerFT$112,797$18,592$131,389
Syliva DinFinance ManagerFT$118,424$9,346$127,770
David CapurroSystem AdministratorFT$109,033$11,744$120,777

Board Members and Trustees

NameTitle
Paul ScannellChair
Brain PontyVice Chair
Bob AdlerDirector
Donna VaillancourtDirector
Patricia WebbDirector
John BeiersSecretary
Magda GonzalezTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cahill ContractorsConstruction Of Redwood City Branch425 CALIFORNIA STREET STE 2200, San Francisco, CA 94104$1,377,766
Fiserv INCCore Processing Computer System255 FISERV DRIVE, Brookfield, WI 53045$1,022,457
PersonixProcessing255 FISERV DRIVE, Brookfield, WI 53045$338,023
FisSoftware601 RIVERSIDE AVE, Jacksonville, FL 32204$317,582
Tower Building MaintenanceBuilding Maitenance45450 INDUSTRIAL PL 13, Freemont, CA 94538$310,467
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$38,036,954
Investment Income
$5,186,118
Other Revenue
$1,413,214
Change in Net Assets
$8,810,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,946,166
Salaries, Compensation, and Employee Benefits$16,428,902
Grants and Similar Amounts Paid$51,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$10,727,401
All Other Expenses---$3,191,019
Current Officers, Directors, Trustees, and Key Employees---$2,367,097
Office Expenses---$2,336,938
Occupancy---$2,324,234
Other Employee Benefits---$1,756,896
Depreciation Depletion---$1,500,089
Benefits to Members---$1,399,482
Payroll Taxes---$1,010,992
Other Expenses---$917,736
Fees for Services Other---$878,742
Advertising---$683,480
Pension Plan Contributions---$566,516
Interest---$474,945
Insurance---$233,115
Conferences and Meetings---$213,418
Fees for Services Accounting---$183,981
Fees for Services Legal---$122,111
Travel---$53,920
Grants to Domestic Orgs---$51,500
Fees for Services Lobbying---$7,500
Total Functional Expenses$0$0$0$35,826,050
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CHILDREN'S MIRACLE NETWORK HOSPITALSOntario, CA501(c)(3)Sponsors of Credit Union Sactown Ten-mile Run & Kids Wine Auction$12,000
San Mateo County Historical AssociationRedwood City, CA501(c)(3)Contribution to the Annual Leadership Council$10,000
Redwood City- San Mateo County Chamber of CommerceRedwood City, CA501(c)(3)Sponsorship of the Progress Seminar$8,000
The Sequoia AwardsRedwood City, CA501(c)(3)Scholarship Donation to Annual Awards$6,500
Kainos Home & Training CenterRedwood City, CA501(c)(3)UNDERWRITE THE ANNUAL ACHIEVEMENT CHALLENGE "A SALUTE TO STARS" GALA$5,000
Peninsula Television IncSan Carlos, CA501(c)(3)Sponsorshipsponsorship$5,000
Redwood City Police Activites LeagueRedwood City, CA501(c)(3)Sponsorship of Blues Festival$5,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$4,132,739$0▼ $4,132,739
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$836,888,097
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.

Form 990, Part VI, Section A, Line 7A

Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.

Form 990, Part VI, Section A, Line 7B

Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.

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

Annually, form 990 and summary are provided to the board of directors, either prior or subsequent to filing in the month form 990 is filed with the irs.

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

Annually employees and the board of directors must review, disclose, and sign the conflict of interest document.

Form 990, Part VI, Section B, Line 15

An independent compensation analysis is conducted and reviewed by the compensation committee.

Form 990, Part VI, Section C, Line 19

Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
San Mateo Credit Union
EIN
94-1231186
Phone
6503631716
Address
350 CONVENTION WAY, REDWOOD CITY, CA 94063

Signing Officer

Name
David Diamond
Title
CFO
Phone
6503631716
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wade Painter
Formed
1952
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
220
Volunteers
13

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL SUITE 1100, MINNEAPOLIS, MN 55402
Preparer
Gerald B Kissell
Phone
6123324300
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The credit union is in the process of completing an unrelated business income calculation and will file form 990-t upon completion.

FORM 990, PART I, LINE 6:

The credit union had seven (7) volunteer members on the board of directors and six (6) volunteer members on the supervisory committee for 2016.

Financial Statement Notes

PART X, LINE 2:

For the years ended december 31, 2016 and 2015, management has determined that there are no material uncertain tax positions.

Raw XML AppendixShowing 400 of 812 raw XML fields

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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IRS990/ActivityOrMissionDesc0WHILE MAINTAINING A SOUND FINANCIAL POSITION, SAN MATEO CREDIT UNION, A FINANCIAL COOPERATIVE, WILL PROVIDE A WIDE RANGE OF VALUED FINANCIAL PRODUCTS AND SERVICES AND GIVE MEMBER-OWNERS A FEELING OF PERSONAL IDENTITY AND BELONGING AS AN OWNER. WE HELP IMPROVE THE FINANCIAL LIVES OF OUR MEMBERS.
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IRS990/Desc0SAN MATEO CREDIT UNION (SMCU) IS A FULL SERVICE CREDIT UNION, A FINANCIAL COOPERATIVE, THAT SERVES PEOPLE WHO RESIDE, WORK OR WORSHIP IN SAN MATEO COUNTY, CITY OF PALO ALTO AND SELECT GEOGRAPHICAL AREAS OF SAN FRANCISCO. WE HAVE SEVEN BRANCHES THROUGHOUT THESE GEOGRAPHICAL AREAS AND A HEADQUARTERS OFFICE LOCATED IN REDWOOD CITY, CALIFORNIA. AS OF YEAR END 2016, WE HAD APPROXIMATELY EIGHTY-FIVE THOUSAND (85,000) MEMBER-OWNERS. WE ASSIST OUR MEMBERS WITH FINANICAL NEEDS OFFERING AN ARRAY OF DEPOSIT AND SAVINGS ACCOUNTS, INVESTMENT SERVICES, AS WELL AS, PERSONAL, AUTO AND RESIDENTIAL REAL ESTATE LOANS.FOR PEOPLE WHO RESIDE, WORK, OR WORSHIP IN SAN MATEO COUNTY, SMCU OFFERS CONSUMER'S THE OPPORTUNITY, THROUGH APPLICATION, TO BECOME A MEMBER AND TO OPEN A SHARE ACCOUNT. A SHARE ACCOUNT IS A SAVINGS ACCOUNT AND ESTABLISHES MEMBERSHIP WITH SMCU. SMCU OFFICERS MEMBERS RESIDENTIAL REAL ESTATE PURCHASE AND REFINANCE LENDING. SMCU OFFERS AN ARRAY OF CONSUMER LOANS INCLUDING AUTOMOBILE, SECURED AND UNSECURED LOANS, CREDIT CARDS. MEMBERS CAN OPEN AN ARRAY OF DEPOSIT ACCOUNTS INCLUDING CHECKING, MONEY MARKET AND CERTIFICATES OF DEPOSIT ACCOUNTS. SMCU OFFERS FINANCIAL ASSISTANCE TO THOSE NEEDING HELP WITH MEMBERSHIP ELIGIBILITY AND CERTAIN MICRO-CREDIT PRODUCTS.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt717290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt845195
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt915812
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1023848
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1122886
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218187
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1322441
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1411683
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1522091
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1617472
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1724638
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt189346
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1932222
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2018592
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2111744
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL SCANNELL
IRS990/Form990PartVIISectionAGrp/PersonNm1BRAIN PONTY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BEIERS
IRS990/Form990PartVIISectionAGrp/PersonNm3MAGDA GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm5DONNA VAILLANCOURT
IRS990/Form990PartVIISectionAGrp/PersonNm6BOB ADLER
IRS990/Form990PartVIISectionAGrp/PersonNm7WADE PAINTER
IRS990/Form990PartVIISectionAGrp/PersonNm8JACK CHINN
IRS990/Form990PartVIISectionAGrp/PersonNm9VALERIE ALSIP
IRS990/Form990PartVIISectionAGrp/PersonNm10REBECCA NIXON
IRS990/Form990PartVIISectionAGrp/PersonNm11DONALD KNEISLER
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm13DOREEN SZYMANKSKI
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm15DANI ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm16HOLLY FRASER
IRS990/Form990PartVIISectionAGrp/PersonNm17KATHLEEN BEHRENDT
IRS990/Form990PartVIISectionAGrp/PersonNm18SYLIVA DIN
IRS990/Form990PartVIISectionAGrp/PersonNm19CYNTHIA HELD
IRS990/Form990PartVIISectionAGrp/PersonNm20CHERYL RAYO
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID CAPURRO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7474021
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8266971
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9235880
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10161169
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11190744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12181644
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13153454
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14151323
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15160040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16166075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17149191
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18118424
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19110056
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20112797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21109033
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP HR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP DIGITIAL SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP ADMINISTATIVE SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP MEMBER EXPERIENCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14AVP INFORMATION SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt15AVP CREDIT RISK MGMT
IRS990/Form990PartVIISectionAGrp/TitleTxt16AVP CUSO
IRS990/Form990PartVIISectionAGrp/TitleTxt17AVP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt18FINANCE MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MARKETING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MORTGAGE ORGINATION MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt21SYSTEM ADMINISTRATOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd00
IRS990/FormationYr01952
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0419850
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt051500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt028919363
IRS990/GrossReceiptsAmt073135799
IRS990/GrossRentsGrp/RealAmt01413214
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt024
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InsuranceGrp/TotalAmt0233115
IRS990/InterestGrp/TotalAmt0474945
IRS990/InvestmentIncomeGrp/ExclusionAmt04766268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04766268
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0252297837
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0187253977
IRS990/IRPDocumentCnt09589
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021958145
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012471904
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016103833
IRS990/LandBldgEquipCostOrOtherBssAmt038061978
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt028499513
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WHILE MAINTAINING A SOUND FINANCIAL POSITION, SAN MATEO CREDIT UNION, A FINANCIAL COOPERATIVE, WILL PROVIDE A WIDE RANGE OF VALUED FINANCIAL PRODUCTS AND SERVICES AND GIVE MEMBER-OWNERS A FEELING OF PERSONAL IDENTITY AND BELONGING AS AN OWNER. WE HELP IMPROVE THE FINANCIAL LIVES OF OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt083979480
IRS990/NetAssetsOrFundBalancesEOYAmt092789715
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0419850
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0419850
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01413214
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01413214
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02324234
IRS990/OfficeExpensesGrp/TotalAmt02336938
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07098800
IRS990/OtherAssetsTotalGrp/EOYAmt09109365
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01756896
IRS990/OtherExpensesGrp/Desc0CREDIT CARD EXPENSES
IRS990/OtherExpensesGrp/Desc1ATM EXPENSES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3LENDING & COLLECTIONS
IRS990/OtherExpensesGrp/TotalAmt01917881
IRS990/OtherExpensesGrp/TotalAmt11602057
IRS990/OtherExpensesGrp/TotalAmt21305000
IRS990/OtherExpensesGrp/TotalAmt3917736
IRS990/OtherLiabilitiesGrp/BOYAmt0779402988
IRS990/OtherLiabilitiesGrp/EOYAmt0836888097
IRS990/OtherSalariesAndWagesGrp/TotalAmt010727401
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0535027948
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0644153497
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01010992
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0566516
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01353320
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01141261
IRS990/PrincipalOfficerNm0WADE PAINTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER NON-INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024677399
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16173573
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25487363
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31698619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024677399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16173573
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25487363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31698619
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04907952
IRS990/PYOtherExpensesAmt017907098
IRS990/PYOtherRevenueAmt0799365
IRS990/PYProgramServiceRevenueAmt035164200
IRS990/PYRevenuesLessExpensesAmt06620814
IRS990/PYSalariesCompEmpBnftPaidAmt016343605
IRS990/PYTotalExpensesAmt034250703
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt040871517
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt04132739
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08810236
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01413214
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,763$1,543$221$94.8$75.4$19.4
2023Summary only. Only limited summary data is available for this year.$1,675$1,474$201$88.3$63.7$24.5
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,661$1,482$179$70.1$51.8$18.2
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,652$1,488$164$59.3$46.6$12.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,435$1,286$149$64.3$50.1$14.1
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,162$1,026$135$62.3$46.5$15.8
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,071$951$119$55.6$40.7$14.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,009$904$105$49.2$37.5$11.8
2016Detailed filing. Detailed filing data is available for this year.$937$844$92.8$44.6$35.8$8.81
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$868$784$84.0$40.9$34.3$6.62
2014Detailed filing. Detailed filing data is available for this year.$803$725$77.4$52.1$33.3$18.8
2013Detailed filing. Detailed filing data is available for this year.$748$690$58.5$36.3$33.1$3.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$713$657$55.3$30.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$649$600$49.2$29.7