Nonprofit · EIN 94-1278209
THE POLICE CREDIT UNION OF CALIFORNIA
Tax-exempt · SAN BRUNO, CA 94066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $51,550,361 | $51,276,300 | $274,061 | $1,049,087,973 | $942,129,345 | $106,958,628 |
| December 31, 2024 | 990 | $46,296,065 | $51,733,387 | -$5,437,322 | $1,052,661,080 | $961,421,244 | $91,239,836 |
| December 31, 2023 | 990 | $41,496,817 | $46,015,464 | -$4,518,647 | $1,077,109,877 | $984,737,624 | $92,372,253 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $38,324,326
- Investment income
- $11,004,381
- Other revenue
- $2,221,654
Expenses
- Grants and similar amounts paid
- $17,000
- Compensation of officers, directors and key employees
- $4,475,300
- Other salaries and wages
- $11,484,948
- Salaries, compensation and benefits (total)
- $19,462,047
- Professional fundraising fees
- $0
- Legal fees
- $31,895
- Accounting fees
- $114,000
- Occupancy
- $1,496,511
- Travel
- $138,387
- Depreciation
- $2,480,172
Balance sheet and other
- Total assets, start of year
- $1,052,661,080
- Total assets, end of year
- $1,049,087,973
- Total liabilities, end of year
- $942,129,345
- Net assets, end of year
- $106,958,628
- Land, buildings and equipment
- $40,402,057
- Publicly traded securities
- $211,178,058
- Gross unrelated business income
- $122,948
- Gross receipts
- $51,550,361
- Employees
- 143
- Volunteers
- 10
- Year formed
- 1953
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDDIE YOUNG | PRESIDENT/CEO Officer | 56 | $727,378 | $37,685 |
| MICHAEL BARE | CFO Officer | 56 | $359,518 | $48,863 |
| DEIRDRE CLOHERTY | COO Key employee | 56 | $342,243 | $26,810 |
| CHRISTOPHER MICHALAK | CLO Key employee | 56 | $326,379 | $34,464 |
| SYED HOSSAIN | VP INFORMATION TECHNOLOGY Key employee | 40 | $283,390 | $10,045 |
| NICOLE POOLE | VP REAL ESTATE Key employee | 40 | $237,665 | $34,732 |
| MICHAEL MASTERS | VP BUSINESS APPLICATION SVC Key employee | 40 | $240,327 | $28,630 |
| KATHLEEN GRAHAM FORMER | SVP MARKETING Key employee | 56 | $225,900 | $28,449 |
| NATALIE SIGNORELLI | VP TALENT & ORGANZATION DEV Key employee | 40 | $212,888 | $35,354 |
| KYMBERLI ROBERTS | VP MEMBER EXPERIENCE Key employee | 40 | $215,993 | $26,950 |
| SUSAN KIRK | VP BUSINESS APPLICATION SVC Key employee | 40 | $219,854 | $17,485 |
| PATRICK CHIN | SR INFRASTRUCTURE MGR Highest-paid employee | 40 | $186,324 | $46,382 |
| THOMAS HUGHES | AVP RISK MANAGEMENT Highest-paid employee | 40 | $180,794 | $25,869 |
| DARLENE HONG | VP MEMBER DEVELOPMENT Key employee | 40 | $194,380 | $11,051 |
| CHUNG WAI TSUI | FINANCE MANAGER Highest-paid employee | 40 | $172,280 | $23,592 |
9 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VICTOR TO | SR SECURITY ARCHITECT Highest-paid employee | 40 | $174,761 | $16,963 |
| SBEEN AJMAL | AVP PROJECT MANAGEMENT SPECIALIST Highest-paid employee | 40 | $175,226 | $13,027 |
| STEVE TACCHINI | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MICHAEL HEBEL | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| GLENN R SYLVESTER | BOARD SECRETARY Trustee or director | 1 | $0 | $0 |
| JOHN GOLDBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CROCE A CASCIATO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MUNA BUSAILAH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOMINIC GAMBOA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDDIE YOUNG | PRESIDENT/CEO Officer | 56 | $711,137 | $36,680 |
| MICHAEL BARE | CFO Officer | 56 | $338,564 | $46,983 |
| DEIRDRE CLOHERTY | COO Key employee | 56 | $318,251 | $25,470 |
| CHRISTOPHER MICHALAK | CLO Key employee | 56 | $296,921 | $32,159 |
| SYED HOSSAIN | VP INFORMATION TECHNOLOGY Key employee | 56 | $275,343 | $8,247 |
| KATHLEEN GRAHAM | SVP/MARKETING Key employee | 56 | $238,280 | $33,340 |
| NICOLE POOLE | VP REAL ESTATE Key employee | 56 | $223,580 | $34,353 |
| MICHAEL MASTERS | VP BUSINESS APPLICATION SE Key employee | 40 | $218,187 | $26,683 |
| PATRICK CHIN | SR INFASTRUCTURE MANAGER Highest-paid employee | 40 | $192,416 | $45,101 |
| NATALIE SIGNORELLI | VP TALENT & ORGANIZATION D Key employee | 40 | $202,135 | $26,388 |
| KYMBERLI ROBERTS | VP MEMBER EXPERIENCE Key employee | 40 | $201,003 | $25,216 |
| SUSAN KIRK | VP BUSINESS APPLICATION SE Key employee | 40 | $204,095 | $16,605 |
| JESSICA NUGENT | RE OPERATIONS MANAGER Highest-paid employee | 40 | $187,134 | $14,925 |
| SIMON LIU | AVP RETAIL Highest-paid employee | 40 | $181,455 | $16,564 |
| THOMAS HUGHES | AVP RISK MANAGEMENT Highest-paid employee | 40 | $170,107 | $24,030 |
| VICTOR TO | SR SECURITY ARCHITECT Highest-paid employee | 40 | $174,922 | $14,215 |
| DARLENE HONG | VP MEMBER DEVELOPMENT Key employee | 40 | $178,503 | $10,471 |
| STEVE TACCHINI | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| JOHN GOLDBERG | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| MICHELLE JEAN | BOARD SECRETARY Trustee or director | 1 | $0 | $0 |
| CROCE A CASCIATO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL HEBEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GLENN R SYLVESTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MUNA BUSAILAH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDDIE YOUNG | PRESIDENT/CEO Officer | 56 | $622,221 | $32,393 |
| MICHAEL BARE | CFO Officer | 56 | $328,965 | $40,681 |
| DEIRDRE CLOHERTY | COO Key employee | 56 | $305,015 | $23,831 |
| CHRISTOPHER MICHALAK | CLO Key employee | 56 | $243,506 | $27,186 |
| KATHLEEN GRAHAM | SVP/MARKETING Key employee | 56 | $227,465 | $29,335 |
| NICOLE POOLE | VP REAL ESTATE Key employee | 56 | $216,658 | $30,257 |
| SYED HOSSAIN | VP INFORMATION TECHNOLOGY Key employee | 56 | $235,458 | $7,107 |
| MICHAEL MASTERS | VP BUSINESS APPLICATION SERVICE Key employee | 40 | $209,591 | $23,249 |
| KYMBERLI ROBERTS | VP MEMBER EXPERIENCE Key employee | 40 | $192,498 | $22,085 |
| NATALIE SIGNORELLI | VP TALENT & ORGANIZATION DEVELOPMENT Key employee | 40 | $194,629 | $15,227 |
| SUSAN KIRK | VP BUSINESS APPLICATION SERVICE Key employee | 40 | $193,189 | $15,726 |
| PATRICK CHIN | SR INFASTRUCTURE MANAGER Highest-paid employee | 40 | $168,991 | $34,327 |
| THOMAS HUGHES | AVP RISK MANAGEMENT Highest-paid employee | 40 | $179,049 | $21,517 |
| JESSICA NUGENT | RE OPERATIONS MANAGER Highest-paid employee | 40 | $180,394 | $14,325 |
| VICTOR TO | SR SECURITY ARCHITECT Highest-paid employee | 40 | $178,411 | $13,807 |
| SIMON LIU | AVP RETAIL Highest-paid employee | 40 | $170,059 | $21,353 |
| DARLENE HONG | VP MEMBER DEVELOPMENT Key employee | 40 | $177,052 | $10,703 |
| JOHN GOLDBERG | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MICHELLE JEAN | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| STEVE TACCHINI | BOARD SECRETARY Trustee or director | 1 | $0 | $0 |
| CROCE A CASCIATO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL HEBEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GLENN R SYLVESTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MUNA BUSAILAH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1250 GRUNDY LN, SAN BRUNO, CA 94066-3032
- Principal officer (990 for 2025)
- EDDIE YOUNG, 1250 GRUNDY LANE, SAN BRUNO, CA 94066
- Signed the 990
- EDDIE YOUNG, CEO
- Phone
- (415) 564-3800
- Website
- WWW.THEPOLICECU.ORG
- Return prepared by
- TURNER WARREN HWANG & CONRAD ACCTCY
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1278209 or by the name THE POLICE CREDIT UNION OF CALIFORNIA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE POLICE CREDIT UNION OF CALIFORNIA 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, THE POLICE CREDIT UNION OF CALIFORNIA 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.
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 PRODUCTS OFFERINGS, INCLUDING A NO FEE CHECKING ACCOUNT PRODUCTS AND HIGH RATE MONEY MARKET.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1278209
- 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
- Group exemption
- 1526: CREDIT UNIONS IN THE STATE OF CALIFORNIA
- Assets (IRS master file)
- $1,049,087,973
- Income (IRS master file)
- $51,550,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $51,550,361 | $51,276,300 | $1,049,087,973 | XML |
| 990 | December 2024 | $46,296,065 | $51,733,387 | $1,052,661,080 | IRS |
| 990 | December 2023 | $41,496,817 | $46,015,464 | $1,077,109,877 | XML |
| 990 | December 2022 | $36,091,667 | $37,401,750 | $1,093,871,725 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 94-1278209).
Questions about THE POLICE CREDIT UNION OF CALIFORNIA
- What is the EIN of THE POLICE CREDIT UNION OF CALIFORNIA?
- The employer identification number (EIN) of THE POLICE CREDIT UNION OF CALIFORNIA is 94-1278209.
- Is THE POLICE CREDIT UNION OF CALIFORNIA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to THE POLICE CREDIT UNION OF CALIFORNIA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE POLICE CREDIT UNION OF CALIFORNIA 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 THE POLICE CREDIT UNION OF CALIFORNIA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE POLICE CREDIT UNION OF CALIFORNIA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE POLICE CREDIT UNION OF CALIFORNIA?
- The 990 for the year ended December 31, 2025 names EDDIE YOUNG.
- Who are the officers and directors of THE POLICE CREDIT UNION OF CALIFORNIA?
- The 990 for the year ended December 31, 2025 lists 24 people; 17 received compensation from the organization, the highest $727,378 (EDDIE YOUNG, PRESIDENT/CEO).
- How much revenue does THE POLICE CREDIT UNION OF CALIFORNIA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $51,550,361, expenses of $51,276,300 and total assets of $1,049,087,973 at year end.
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