Civic Intelligence

Wescom Central Credit Union DBA Wescom Credit Union

990 • Fiscal year 2010 • EIN 95-1288265

Jan 01, 2010 to Dec 31, 2010 • Filed on Nov 08, 2011

123 South Marengo Avenue91101-2428
Siviq Scores

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

Liabilities / Assets

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

2010 filings • $1B+ nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,617,295,204

No earlier filing loaded for comparison.

Net Assets

$112,524,222

No earlier filing loaded for comparison.

Liabilities

$2,504,770,982

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$202,142,063

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0B$6.0B$4.0B$2.0B$0Assets 2010: $2,617,295,204Liabilities 2010: $2,504,770,982Net Assets 2010: $112,524,2222010Assets 2011: $2,426,677,980Liabilities 2011: $2,282,464,617Net Assets 2011: $144,213,3632011Assets 2012: $2,410,481,368Liabilities 2012: $2,241,381,596Net Assets 2012: $169,099,7722012Assets 2013: $2,476,046,595Liabilities 2013: $2,323,906,896Net Assets 2013: $152,139,6992013Assets 2014: $2,784,423,694Liabilities 2014: $2,606,986,144Net Assets 2014: $177,437,5502014Assets 2015: $2,993,531,165Liabilities 2015: $2,800,204,339Net Assets 2015: $193,326,8262015Assets 2016: $3,179,343,177Liabilities 2016: $2,947,528,309Net Assets 2016: $231,814,8682016Assets 2017: $3,363,529,588Liabilities 2017: $3,095,295,778Net Assets 2017: $268,233,8102017Assets 2018: $3,478,388,201Liabilities 2018: $3,188,131,098Net Assets 2018: $290,257,1032018Assets 2019: $3,690,408,153Liabilities 2019: $3,350,849,774Net Assets 2019: $339,558,3792019Assets 2020: $4,502,286,439Liabilities 2020: $4,133,799,667Net Assets 2020: $368,486,7722020Assets 2021: $5,170,841,754Liabilities 2021: $4,806,526,762Net Assets 2021: $364,314,9922021Assets 2022: $5,648,909,213Liabilities 2022: $5,431,653,118Net Assets 2022: $217,256,0952022Assets 2023: $5,820,504,418Liabilities 2023: $5,569,859,052Net Assets 2023: $250,645,3662023Assets 2024: $6,275,057,953Liabilities 2024: $5,995,147,899Net Assets 2024: $279,910,0542024

Highlighted filing

2010

Assets$2,617,295,204
Liabilities$2,504,770,982
Net Assets$112,524,222

Operations Trend

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

$400M$300M$200M$100M$0Expenses 2010: $202,142,0632010Revenue 2011: $171,543,777Expenses 2011: $146,657,367Net Income 2011: $24,886,4102011Expenses 2012: $132,677,9892012Revenue 2013: $145,756,271Expenses 2013: $128,505,852Net Income 2013: $17,250,4192013Revenue 2014: $164,159,276Expenses 2014: $130,806,319Net Income 2014: $33,352,9572014Revenue 2015: $167,082,598Expenses 2015: $144,804,768Net Income 2015: $22,277,8302015Revenue 2016: $169,998,692Expenses 2016: $148,580,025Net Income 2016: $21,418,6672016Revenue 2017: $176,704,764Expenses 2017: $152,495,298Net Income 2017: $24,209,4662017Revenue 2018: $200,967,857Expenses 2018: $179,852,006Net Income 2018: $21,115,8512018Revenue 2019: $217,920,461Expenses 2019: $189,482,828Net Income 2019: $28,437,6332019Revenue 2020: $201,120,703Expenses 2020: $185,228,950Net Income 2020: $15,891,7532020Revenue 2021: $207,665,347Expenses 2021: $180,157,190Net Income 2021: $27,508,1572021Revenue 2022: $290,994,983Expenses 2022: $224,798,968Net Income 2022: $66,196,0152022Revenue 2023: $323,535,060Expenses 2023: $299,665,086Net Income 2023: $23,869,9742023Revenue 2024: $364,119,242Expenses 2024: $350,538,558Net Income 2024: $13,580,6842024

Highlighted filing

2010

Revenue-
Expenses$202,142,063
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Nov 8, 2011
Return Version
2010v3.4
Gross Receipts
$504,949,462
Mission and Program Overview

Mission

The general mission of the credit union is to promote thrift, honesty, integrity and a spirit of service among its members. In addition, the organization makes loans to its members at reasonable rates, invests excess liquidity prudently and within limits as permitted by california law, and engages in any other lawful activity not prohibited by applicable laws and regulations.

Major Activities

Activity 2
The credit union's 2010 initiatives included redefining its signature membership program, launching a new partnership with autonation direct for one stop car buying experience, enhancing its mobile banking offerings with apps for both the iphone and android platforms, and offering free financial educational events to its members.
Activity 3
The credit union through its wecare foundation donated nearly $160,000 and thousands of volunteer hours to help worthy causes throughout southern california. The credit union was a diamond sponsor for the susan g. Komen race for the cure. The credit union also raised $30,000 for children's hospital los angeles through employee donations and a matching contribution from co-op financial services.
Filing and Contact Details

Filer

EIN
95-1288265
Raw XML AppendixShowing 400 of 1,462 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/Activity2/Description0THE CREDIT UNION'S 2010 INITIATIVES INCLUDED REDEFINING ITS SIGNATURE MEMBERSHIP PROGRAM, LAUNCHING A NEW PARTNERSHIP WITH AUTONATION DIRECT FOR ONE STOP CAR BUYING EXPERIENCE, ENHANCING ITS MOBILE BANKING OFFERINGS WITH APPS FOR BOTH THE IPHONE AND ANDROID PLATFORMS, AND OFFERING FREE FINANCIAL EDUCATIONAL EVENTS TO ITS MEMBERS.
IRS990/Activity3/Description0THE CREDIT UNION THROUGH ITS WECARE FOUNDATION DONATED NEARLY $160,000 AND THOUSANDS OF VOLUNTEER HOURS TO HELP WORTHY CAUSES THROUGHOUT SOUTHERN CALIFORNIA. THE CREDIT UNION WAS A DIAMOND SPONSOR FOR THE SUSAN G. KOMEN RACE FOR THE CURE. THE CREDIT UNION ALSO RAISED $30,000 FOR CHILDREN'S HOSPITAL LOS ANGELES THROUGH EMPLOYEE DONATIONS AND A MATCHING CONTRIBUTION FROM CO-OP FINANCIAL SERVICES.
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IRS990/Description0THE CREDIT UNION HAD $2.6 BILLION IN ASSETS, $1.6 BILLION IN LOANS AND $2.0 BILLION IN MEMBER DEPOSITS AS OF DECEMBER 31, 2010. THE CREDIT UNION FUNDED 10,260 MEMBER LOANS WITH A TOTAL BALANCE OF $306 MILLION.
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization13504821
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization14299333
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization16264258
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization17226116
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization18219112
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization19203677
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20218618
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization21202111
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization22161940
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization23168695
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization24171462
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization25153694
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization26161722
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization27138325
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization28135777
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization29140138
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30171172
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization32107226
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization33117271
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization35141542
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization36125537
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs180
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs190
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs200
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs210
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs220
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs230
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs240
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs250
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs260
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs270
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs280
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs290
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs300
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs310
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs320
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs330
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs340
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs350
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs360
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs370
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs390
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs410
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs420
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs430
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs440
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs450
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs460
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs470
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs480
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs490
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6,275$5,995$280$364$351$13.6
2023Detailed filing. Detailed filing data is available for this year.$5,821$5,570$251$324$300$23.9
2022Detailed filing. Detailed filing data is available for this year.$5,649$5,432$217$291$225$66.2
2021Detailed filing. Detailed filing data is available for this year.$5,171$4,807$364$208$180$27.5
2020Detailed filing. Detailed filing data is available for this year.$4,502$4,134$368$201$185$15.9
2019Detailed filing. Detailed filing data is available for this year.$3,690$3,351$340$218$189$28.4
2018Detailed filing. Detailed filing data is available for this year.$3,478$3,188$290$201$180$21.1
2017Detailed filing. Detailed filing data is available for this year.$3,364$3,095$268$177$152$24.2
2016Detailed filing. Detailed filing data is available for this year.$3,179$2,948$232$170$149$21.4
2015Detailed filing. Detailed filing data is available for this year.$2,994$2,800$193$167$145$22.3
2014Detailed filing. Detailed filing data is available for this year.$2,784$2,607$177$164$131$33.4
2013Detailed filing. Detailed filing data is available for this year.$2,476$2,324$152$146$129$17.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,410$2,241$169$133
2011Summary only. Only limited summary data is available for this year.$2,427$2,282$144$172$147$24.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,617$2,505$113$202