Nonprofit · EIN 95-1068549
EAGLE COMMUNITY CREDIT UNION
Tax-exempt · LAKE FOREST, CA 92609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,059,143 | $26,333,188 | $1,725,955 | $356,941,911 | $319,860,879 | $37,081,032 |
| December 31, 2023 | 990 | $26,775,928 | $24,543,831 | $2,232,097 | $352,378,562 | $317,245,134 | $35,133,428 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $24,805,273
- Investment income
- $2,890,870
- Net gain from sales of assets
- $23,419
- Other revenue
- $363,000
Expenses
- Grants and similar amounts paid
- $27,950
- Compensation of officers, directors and key employees
- $2,211,644
- Other salaries and wages
- $5,630,095
- Salaries, compensation and benefits (total)
- $10,211,798
- Professional fundraising fees
- $0
- Legal fees
- $51,047
- Accounting fees
- $128,364
- Occupancy
- $1,283,156
- Travel
- $231,410
- Depreciation
- $291,612
Balance sheet and other
- Total assets, start of year
- $352,378,562
- Total assets, end of year
- $356,941,911
- Total liabilities, end of year
- $319,860,879
- Net assets, end of year
- $37,081,032
- Land, buildings and equipment
- $3,821,441
- Publicly traded securities
- $9,291,809
- Gross unrelated business income
- $32,514
- Gross receipts
- $28,110,724
- Employees
- 123
- Volunteers
- 11
- Year formed
- 1937
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT C THOMPSON | CLO Officer | 40 | $288,598 | $60,652 |
| ANDREW SCOTT RAINS FORMER | PRESIDENT/CEO Officer | 40 | $270,904 | $12,545 |
| ERIC JOSEPH BRADY | CIO Officer | 40 | $207,270 | $19,714 |
| CAROL M ROSAS | COO Officer | 40 | $197,521 | $26,665 |
| JEFFREY DAVID MADLAND | CHRO Officer | 40 | $198,304 | $13,728 |
| DAVID R WARD | CMO Officer | 40 | $148,937 | $17,431 |
| SHANE LLINAS | ASSISTANT VP OF LENDING Highest-paid employee | 40 | $110,490 | $43,642 |
| MICHAEL K KIM | PRESIDENT/CEO Officer | 40 | $118,413 | $31,184 |
| MARY DIANE ROBERTS FORMER | CFO Officer | 40 | $135,193 | $12,498 |
| RAMZI KOURY | IT MANAGER Highest-paid employee | 40 | $130,196 | $14,895 |
| ANTONIO RAMA | SENIOR SYSTEM ADMINISTRATOR Highest-paid employee | 40 | $111,966 | $30,731 |
| CHRISTINE M CAMPBELL | MANUFACTURED HOME LOAN MANAGER Highest-paid employee | 40 | $107,504 | $32,324 |
| VALERIE HENDRICKS | ASSISTANT VP OF COLLECTIONS Highest-paid employee | 40 | $115,246 | $7,675 |
| LISA CHAN | CFO Officer | 40 | $67,203 | $5,908 |
| LOUIE FLORES | BOARD SECRETARY Trustee or director | 4 | $3,899 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD FLORES | BOARD CHAIRMAN Trustee or director | 4 | $0 |
| PHILIP SOULANILLE II | BOARD VICE CHAIR Trustee or director | 2 | $0 |
| JACKIE DETER | BOARD TREASURER Trustee or director | 2 | $0 |
| MILES FRIEDMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| JUSTIN ROMERO | BOARD MEMBER Trustee or director | 2 | $0 |
| DOMINIC BETRO | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL OCASIO | BOARD MEMBER Trustee or director | 2 | $0 |
| PATRICIA DIDONATO | SUPV CMTE CHAIRPERSON Trustee or director | 2 | $0 |
| STEVE NASMAN | SUPV CMTE MEMBER Trustee or director | 2 | $0 |
| BERTHA GASCON | SUPV CMTE MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW SCOTT RAINS | CEO Officer | 40 | $300,054 | $22,595 |
| MARY ROBERTS | CFO Officer | 40 | $228,880 | $18,906 |
| ROBERT THOMPSON | CLO Key employee | 40 | $207,802 | $35,536 |
| CAROL ROSAS | COO Key employee | 40 | $177,020 | $22,442 |
| JEFF MADLAND | CHRO Key employee | 40 | $173,756 | $11,681 |
| ERIC BRADY | CIO Highest-paid employee | 40 | $148,546 | $11,679 |
| DAVID WARD | CMO Highest-paid employee | 40 | $130,046 | $14,963 |
| SHANE LLINAS | AVL Highest-paid employee | 40 | $109,875 | $30,447 |
| RAMZI KOURY | ITM Highest-paid employee | 40 | $119,403 | $13,988 |
| VALERIE HENDRICKS | AVOC Highest-paid employee | 40 | $109,204 | $5,892 |
| LOUIE FLORES | BOARD CHAIRPERSON Trustee or director | 4 | $0 | $0 |
| MILES FRIEDMAN | BOARD VICE CHAIRPERSON Trustee or director | 2 | $0 | $0 |
| JACKIE DETER | BOARD TREASURER Trustee or director | 2 | $0 | $0 |
| DIANE LEINWEBER | BOARD SECRETARY Trustee or director | 2 | $0 | $0 |
| PHILIP SOULANILLE II | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BERTHA GASCON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ED FLORES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JUSTIN ROMERO | SUPV CMTE Trustee or director | 2 | $0 | $0 |
| PATRICIA DIDONATO | SUPV CMTE Trustee or director | 2 | $0 | $0 |
| PAULA FISHER | SUPV CMTE Trustee or director | 2 | $0 | $0 |
| STEVE NASMAN | SUPV CMTE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5196, LAKE FOREST, CA 92609-8696
- Principal officer (990 for 2024)
- MICHAEL K KIM, PO BOX 5196, LAKE FOREST, CA 92609
- Signed the 990
- LISA CHAN, CFO
- Phone
- (949) 588-9400
- Website
- WWW.EAGLECU.ORG
- Return prepared by
- TURNER WARREN HWANG & CONRAD ACCTCY
California records
California keeps its own records of charities and corporations. Search them by EIN 95-1068549 or by the name EAGLE COMMUNITY CREDIT UNION.
- 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
SEE SCHEDULE OEAGLE COMMUNITY 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, EAGLE COMMUNITY 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.
Program accomplishments
- PROVIDED DEPOSIT AND LOAN ACCOUNTS TO 22,702 MEMBERS. PROVIDED LOW COST SOURCE OF CREDIT AND LOW COST FINANCIAL SERVICES TO OUR MEMBERS. PROVIDED SOURCE FOR MEMBER SAVINGS AND CHECKING ACCOUNT NEEDS.
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 | Not 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
- 95-1068549
- 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)
- $356,941,911
- Income (IRS master file)
- $28,110,724
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,059,143 | $26,333,188 | $356,941,911 | XML |
| 990 | December 2023 | $26,775,928 | $24,543,831 | $352,378,562 | XML |
| 990 | December 2022 | $21,896,968 | $18,439,711 | $359,509,563 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 95-1068549).
Questions about EAGLE COMMUNITY CREDIT UNION
- What is the EIN of EAGLE COMMUNITY CREDIT UNION?
- The employer identification number (EIN) of EAGLE COMMUNITY CREDIT UNION is 95-1068549.
- Is EAGLE COMMUNITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to EAGLE COMMUNITY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EAGLE COMMUNITY 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 EAGLE COMMUNITY 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 EAGLE COMMUNITY 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 EAGLE COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 names MICHAEL K KIM.
- Who are the officers and directors of EAGLE COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 25 people; 15 received compensation from the organization, the highest $288,598 (ROBERT C THOMPSON, CLO).
- How much revenue does EAGLE COMMUNITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,059,143, expenses of $26,333,188 and total assets of $356,941,911 at year end.
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