Civic Intelligence

California Center Credit Union C/O Credit Union of Southern California

EIN 95-6151756 • 501(c)14 • Anaheim Hills, CA

Profile

A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, california center credit union conducts its business for the mutual benefit and general welfare of its members with the earnings, savings, benefits, or services of the credit union being distributed to its members as patrons.

2777 E Guasti Road No 6Anaheim Hills, CA 91761

calcentercu.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.90x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

10.38x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2014

Net Margin

45th percentile

1.4%

Higher net margin than 45% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

79th percentile

$90,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

501(c)14 • $5M-$10M nonprofits • Source year 2014

Asset Growth

17th percentile

-8.1%

Faster asset growth than 17% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-1.0%

Faster revenue growth than 33% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$7,761,157

Down $683,368 (-8.1%) from 2013

Liabilities

Down

$7,010,332

Down $693,055 (-9.0%) from 2013

Net Assets

Up

$750,825

Up $9,687 (+1.3%) from 2013

Revenue

Down

$675,673

Down $6,665 (-1.0%) from 2013

Expenses

Down

$665,986

Down $9,654 (-1.4%) from 2013

Net Income

Up

$9,687

Up $2,989 (+45%) from 2013

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,093,044Liabilities 2010: $7,394,892Net Assets 2010: $698,1522010Assets 2011: $8,281,802Liabilities 2011: $7,567,249Net Assets 2011: $714,5532011Assets 2012: $8,236,758Liabilities 2012: $7,502,318Net Assets 2012: $734,4402012Assets 2013: $8,444,525Liabilities 2013: $7,703,387Net Assets 2013: $741,1382013Assets 2014: $7,761,157Liabilities 2014: $7,010,332Net Assets 2014: $750,8252014

Highlighted filing

2014

Assets$7,761,157
Liabilities$7,010,332
Net Assets$750,825

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2010: $754,9742010Expenses 2011: $692,4092011Expenses 2012: $665,3062012Revenue 2013: $682,338Expenses 2013: $675,640Net Income 2013: $6,6982013Revenue 2014: $675,673Expenses 2014: $665,986Net Income 2014: $9,6872014

Highlighted filing

2014

Revenue$675,673
Expenses$665,986
Net Income$9,687

Filings

Latest Detailed Filing

The latest 2014 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2013 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 24, 2014
Return Version
2013v3.0
Gross Receipts
$682,338
Mission and Program Overview

Mission

A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, california center credit union conducts its business for the mutual benefit and general welfare of its members with the earnings, savings, benefits, or services of the credit union being distributed to its members as patrons.

A cooperative, organized for the purpose of promoting thrift and savings among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$7,624,493$7,703,211▲ $78,718
Rtn Earn Endowment Incm Other Fnds$734,440$741,138▲ $6,698
Savings and Temporary Cash Investments$347,113$504,711▲ $157,598
Cash and Non-Interest-Bearing Accounts$92,885$91,922▼ $963
Land, Buildings, and Equipment, Net$94,634$79,705▼ $14,929
Prepaid Expenses and Deferred Charges$20,143$28,953▲ $8,810
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$8,236,758$8,444,525▲ $207,767
Other Assets Total$57,490$36,023▼ $21,467
Liabilities
Other Liabilities$7,421,215$7,669,246▲ $248,031
Accounts Payable and Accrued Expenses$81,103$34,141▼ $46,962
Total Liabilities$7,502,318$7,703,387▲ $201,069
Net Assets / Fund Balance
Total Net Assets Fund Balance$734,440$741,138▲ $6,698
Total Liabilities and Net Assets / Fund Balance$8,236,758$8,444,525▲ $207,767

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,705$203,562$283,267
Investment Program Related Org$3,275--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda PettitCEO (former)FT$79,038$12,851$91,889
Don GenslerCEO/board MemberFT$12,115-$12,115

Board Members and Trustees

NameTitle
Andrea BlaisChairman
Arnold RamirezSuperv Committee-chairman
Kimberly HesterVice Chairman
Sal MendozaBoard Member
Tony KittBoard Member
Lucy ItoSecretary
Anthony SandersSuperv Committee Member
Traci OlszowySuperv Committee-member
Kari WilfongSuperv Committee-secretary
Craig MontesantiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$527,604
Investment Income
$32,320
Other Revenue
$122,414
Change in Net Assets
$6,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,571
Salaries, Compensation, and Employee Benefits$278,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$136,373
Other Salaries and Wages---$121,140
Current Officers, Directors, Trustees, and Key Employees---$91,153
Occupancy---$54,289
Information Technology---$49,712
Other Employee Benefits---$46,473
Fees for Services Other---$20,377
Payroll Taxes---$19,303
Depreciation Depletion---$15,573
Advertising---$6,478
Insurance---$6,101
Interest---$4,396
Other Expenses---$2,857
Travel---$2,422
Payments to Affiliates---$1,950
Fees for Services Accounting---$885
Total Functional Expenses$0$0$0$675,640
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Total Shares & Deposits$7,266,086
Promissory Notes$402,000
Accrued Dividend & Interest Payables$1,160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

California center credit union is a cooperative financial institution that is owned and controlled by its members, and operated for the purpose of promoting thrift and savings to its members. California center credit union does not have stockholders.

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

The governing board of california center credit union is comprised of volunteer members who are directly elected by its members. Each member of the governing board serves for a period as prescribed by our by-laws.

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

At the end of each term of the board members, elections are held and board members are voted by the members of the credit union pursuant to its by-laws. Member votes are also required to ratify decisions dealing with reorganizations as in the case of merger or dissolution.

Form 990, Part VI, Section B, Line 11

Monthly board meeting packets contain financials and other pertinent documentation. Also, a copy of form 990 is provided to the board for approval prior to submission to the irs.

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

The board and management reviews the conflict of interest policy on an annual basis and address issues where appropriate.

Form 990, Part VI, Section B, Line 15

The compensation is audited and reviewed by an independent service provider and further reviewed and approved by the board and management.

Form 990, Part VI, Section C, Line 19

Financial statements and policies are available upon request to review.

Filing and Contact Details

Filer

EIN
95-6151756
Phone
9094768018

Signing Officer

Name
Don Gensler
Title
CEO
Phone
9094768018
Signed
2014-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Gensler
Formed
1967
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
5
Volunteers
10

Preparer

Preparer
Valentino Creus CPA
Phone
8189549700
Raw XML AppendixShowing 400 of 409 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/ProgSrvcAccomActy2Grp/Desc0PROVISION OF SATISFACTORY SERVICES IN CONNECTION WITH REAL ESTATE/MORTGAGE LOANS TO MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVISION OF SATISFACTORY SERVICES IN CONNECTION WITH PERSONAL LINES OF CREDIT TO MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt045970
IRS990/PYOtherExpensesAmt0375970
IRS990/PYOtherRevenueAmt0101721
IRS990/PYProgramServiceRevenueAmt0537502
IRS990/PYRevenuesLessExpensesAmt019887
IRS990/PYSalariesCompEmpBnftPaidAmt0289336
IRS990/PYTotalExpensesAmt0665306
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0685193
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06698
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0734440
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0741138
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0347113
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0504711
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt079705
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0203562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283267
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04673750
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12752000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt274186
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3200000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt43275
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NET LOANS & LEASES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1DEPOSITS IN SAVINGS INSTITUTIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2NCUA DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3LOANS TO AND INVESTMENTS IN NATURAL PERSONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4MEMBERSHIP CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07266086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2402000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TOTAL SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED DIVIDEND & INTEREST PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PROMISSORY NOTES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt079705
IRS990ScheduleD/TotalBookValueProgramRltdAmt07703211
IRS990ScheduleD/TotalLiabilityAmt07669246
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CALIFORNIA CENTER CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. CALIFORNIA CENTER CREDIT UNION DOES NOT HAVE STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD OF CALIFORNIA CENTER CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY OUR BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MONTHLY BOARD MEETING PACKETS CONTAIN FINANCIALS AND OTHER PERTINENT DOCUMENTATION. ALSO, A COPY OF FORM 990 IS PROVIDED TO THE BOARD FOR APPROVAL PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD AND MANAGEMENT REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND ADDRESS ISSUES WHERE APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION IS AUDITED AND REVIEWED BY AN INDEPENDENT SERVICE PROVIDER AND FURTHER REVIEWED AND APPROVED BY THE BOARD AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS AND POLICIES ARE AVAILABLE UPON REQUEST TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08236758
IRS990/TotalAssetsEOYAmt08444525
IRS990/TotalAssetsGrp/BOYAmt08236758
IRS990/TotalAssetsGrp/EOYAmt08444525
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0675640
IRS990/TotalGrossUBIAmt017414
IRS990/TotalLiabilitiesBOYAmt07502318
IRS990/TotalLiabilitiesEOYAmt07703387
IRS990/TotalLiabilitiesGrp/BOYAmt07502318
IRS990/TotalLiabilitiesGrp/EOYAmt07703387
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0734440
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0741138
IRS990/TotalOtherCompensationAmt012851
IRS990/TotalProgramServiceRevenueAmt0527604
IRS990/TotalReportableCompFromOrgAmt091153
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0664924
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0682338
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt017414
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08236758
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08444525
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02422
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102777 E GUASTI ROAD NO 6
IRS990/USAddress/City0ONTARIO
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode091761
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0CALCENTERCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DON GENSLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09094768018
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10CALIFORNIA CENTER CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0CALI
ReturnHeader/Filer/EIN0956151756
ReturnHeader/Filer/PhoneNum09094768018
ReturnHeader/Filer/USAddress/AddressLine102777 E GUASTI ROAD NO 6
ReturnHeader/Filer/USAddress/City0ONTARIO
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode091761
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954083485
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10TURNER WARREN HWANG & CONRAD ACCTCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10100 NORTH FIRST ST STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BURBANK

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