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Nonprofit · EIN 94-1031345

EDUCATIONAL EMPLOYEES CREDIT UNION

Tax-exempt · FRESNO, CA 93711

Financials

$202.4M$138.3M2023$239.3M$176.4M2024
Revenue Expenses · by fiscal year end
Financials of EDUCATIONAL EMPLOYEES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$239,311,810$176,440,535$62,871,275$4,711,208,087$4,191,007,541$520,200,546
December 31, 2023990$202,431,940$138,316,226$64,115,714$4,647,760,922$4,214,818,644$432,942,278
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$179,155,809
Investment income
$60,156,001
Other revenue
$0

Expenses

Grants and similar amounts paid
$698,625
Compensation of officers, directors and key employees
$4,197,352
Other salaries and wages
$33,609,362
Salaries, compensation and benefits (total)
$53,325,575
Professional fundraising fees
$0
Legal fees
$128,161
Accounting fees
$732,517
Occupancy
$4,468,810
Travel
$849,672
Depreciation
$3,517,102

Balance sheet and other

Total assets, start of year
$4,647,760,922
Total assets, end of year
$4,711,208,087
Total liabilities, end of year
$4,191,007,541
Net assets, end of year
$520,200,546
Land, buildings and equipment
$25,464,166
Publicly traded securities
$1,961,319,980
Gross unrelated business income
$2,042,240
Gross receipts
$239,311,810
Employees
662
Volunteers
20
Year formed
1934
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELIZABETH DOOLEYCEO
Officer
60$1,130,767$415,886
MARK PEREZCLO
Officer
50$469,895$91,336
BEVERLY RYANCFO
Officer
50$484,598$44,473
DICK ASHJIANSVP RISK MGMT
Highest-paid employee
50$416,518$72,005
THOMAS GRAYSVP HR & FACILITIES
Highest-paid employee
50$415,540$66,139
BRADLEY TOWERSFINANCIAL REP
Highest-paid employee
50$379,244$34,897
ERIC HOVDASVP IT
Highest-paid employee
50$306,286$71,044
NATALIE TOMAJANCOO
Officer
40$290,501$53,259
ELENA MARTINCONTROLLER
Highest-paid employee
50$286,199$43,509
WALTER FRANZELLCHAIR
Trustee or director
4$3,631$0
DEREK SCHARTONBOARD MEMBER
Trustee or director
2$2,548$0
NIKOLAUS DEJONGSUPR CMTE SECRETARY
Trustee or director
2$2,221$0
RICK BROWNINGBOARD MEMBER (EMERITUS)
Trustee or director
2$1,657$0
WILLIAM CLARKSUPR CMTE CHAIR
Trustee or director
2$1,580$0
MIKE SNELLSECRETARY
Trustee or director
2$1,409$0
11 more people on this return
NameTitleHours / weekCompensation
ALI NEKUMANESHVICE CHAIR
Trustee or director
4$1,284
BRAD STEVENSBOARD MEMBER
Trustee or director
2$1,083
DAVE ROBERTSBOARD MEMBER
Trustee or director
2$667
LAURIE MADDENSUPR CMTE MEMBER
Trustee or director
2$431
PHILIP NEUFELDBOARD MEMBER
Trustee or director
2$339
LISA CUTTSTREASURER
Trustee or director
2$159
DARCY WILLIAMSBOARD MEMBER
Trustee or director
2$159
THOMAS BORCHARDTBOARD MEMBER (EMERITUS)
Trustee or director
2$159
BARBARA THOMASBOARD MEMBER (EMERITUS)
Trustee or director
2$159
KATHRYN ORTEGA-JONESSUPR CMTE MEMBER
Trustee or director
2$159
SAENG BUNSYSUPR CMTE MEMBER
Trustee or director
2$159
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH DOOLEYCEO
Officer
60$3,304,415$596,262
MARK PEREZCLO
Officer
50$445,499$87,485
BEVERLY RYANCFO
Officer
50$450,218$43,060
DICK ASHJIANSVP RISK MGMT
Highest-paid employee
50$385,702$69,384
THOMAS GRAYSVP HR & FACILITIES
Highest-paid employee
50$384,570$64,556
BRADLEY TOWERSFINANCIAL REP
Highest-paid employee
50$334,455$33,291
ERIC HOVDASVP IT
Highest-paid employee
50$285,947$73,707
NATALIE TOMAJANCOO
Officer
40$266,639$50,743
ELENA MARTINCONTROLLER
Highest-paid employee
50$260,695$40,668
WALTER FRANZELLCHAIR
Trustee or director
4$2,889$0
WILLIAM CLARKSUPR CMTE CHAIR
Trustee or director
2$2,730$0
RICK BROWNINGBOARD MEMBER (EMERITUS)
Trustee or director
2$2,665$0
PHILIP NEUFELDBOARD MEMBER
Trustee or director
2$1,828$0
DEREK SCHARTONBOARD MEMBER
Trustee or director
2$1,769$0
ALI NEKUMANESHVICE CHAIR
Trustee or director
4$1,607$0
DAVE ROBERTSBOARD MEMBER
Trustee or director
2$451$0
MIKE SNELLSECRETARY
Trustee or director
2$297$0
THOMAS BORCHARDTSUPR CMTE MEMBER (EMERITUS)
Trustee or director
2$264$0
SAENG BUNSYSUPR CMTE MEMBER
Trustee or director
2$250$0
NIKOLAUS DEJONGSUPR CMTE MEMBER
Trustee or director
2$241$0
BRAD STEVENSSUPR CMTE SECRETARY
Trustee or director
2$222$0
DARCY WILLIAMSBOARD MEMBER
Trustee or director
2$204$0
LISA CUTTSTREASURER
Trustee or director
2$159$0
BARBARA THOMASBOARD MEMBER (EMERITUS)
Trustee or director
2$159$0
PAUL HOKOKIANBOARD MEMBER (EMERITUS)
Trustee or director
2$159$0
KATHRYN ORTEGA-JONESSUPR CMTE MEMBER
Trustee or director
2$159$0
CLEO BAUERFORMER SECRETARY
Trustee or director
2$13$0

Address and contacts

Address (IRS master file)
2222 W SHAW AVE, FRESNO, CA 93711-3419
Principal officer (990 for 2024)
ELIZABETH DOOLEY, 2222 WEST SHAW AVENUE, FRESNO, CA 93711
Signed the 990
ELIZABETH DOOLEY, PRESIDENT/CEO
Phone
(559) 437-7731
Return prepared by
TURNER WARREN HWANG & CONRAD ACCTCY

California records

California keeps its own records of charities and corporations. Search them by EIN 94-1031345 or by the name EDUCATIONAL EMPLOYEES CREDIT UNION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

EDUCATIONAL EMPLOYEES CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS 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, EDUCATIONAL EMPLOYEES CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFIT, OR SERVICE OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

990 for the year ended December 31, 2024

Program accomplishments

  • ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH CONSUMER LOANS FROM A BROAD ARRAY OF PRODUCT OFFERINGS, INCLUDING VEHICLE LOANS, CREDIT CARDS AND PERSONAL LINES OF CREDIT.
  • ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH MORTGAGE LOANS, INCLUDING FIRST TRUST DEEDS, SECOND TRUST DEEDS AND HOME EQUITY LINES OF CREDIT.
  • ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH A BROAD ARRAY OF DEPOSIT PRODUCT OFFERINGS, INCLUDING A HIGH-YIELD CHECKING ACCOUNT PRODUCT AND A PREMIUM-RATE TIERED SAVINGS PRODUCT.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-1031345
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,711,208,087
Income (IRS master file)
$239,311,810

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$239,311,810$176,440,535$4,711,208,087XML
990December 2023$202,431,940$138,316,226$4,647,760,922XML
990December 2022$167,213,088$122,071,053$4,593,284,886IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-1031345).

Questions about EDUCATIONAL EMPLOYEES CREDIT UNION

What is the EIN of EDUCATIONAL EMPLOYEES CREDIT UNION?
The employer identification number (EIN) of EDUCATIONAL EMPLOYEES CREDIT UNION is 94-1031345.
Is EDUCATIONAL EMPLOYEES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
Are donations to EDUCATIONAL EMPLOYEES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EDUCATIONAL EMPLOYEES CREDIT UNION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EDUCATIONAL EMPLOYEES CREDIT UNION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDUCATIONAL EMPLOYEES CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EDUCATIONAL EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2024 names ELIZABETH DOOLEY.
Who are the officers and directors of EDUCATIONAL EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 26 people; 26 received compensation from the organization, the highest $1,130,767 (ELIZABETH DOOLEY, CEO).
How much revenue does EDUCATIONAL EMPLOYEES CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $239,311,810, expenses of $176,440,535 and total assets of $4,711,208,087 at year end.

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