Nonprofit · EIN 95-1209332
CREDIT UNIONS IN THE STATE OF
Also known as BLUPEAK CREDIT UNION
Tax-exempt · SAN DIEGO, CA 92121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $52,021,404 | $49,658,795 | $2,362,609 | $1,133,257,600 | $1,046,811,167 | $86,446,433 |
| December 31, 2024 | 990 | $63,463,155 | $69,940,609 | -$6,477,454 | $1,207,155,502 | $1,130,756,299 | $76,399,203 |
| December 31, 2023 | 990 | $62,378,718 | $60,114,609 | $2,264,109 | $1,472,619,773 | $1,389,310,887 | $83,308,886 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $41,267,326
- Investment income
- $9,826,855
- Net rental income
- $927,223
- Net gain from sales of assets
- $80,157
- Other revenue
- $927,223
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $2,290,850
- Other salaries and wages
- $10,049,758
- Salaries, compensation and benefits (total)
- $15,182,839
- Professional fundraising fees
- $0
- Legal fees
- $1,016,109
- Accounting fees
- $267,300
- Occupancy
- $1,936,111
- Travel
- $132,416
- Depreciation
- $2,471,421
Balance sheet and other
- Total assets, start of year
- $1,207,155,502
- Total assets, end of year
- $1,133,257,600
- Total liabilities, end of year
- $1,046,811,167
- Net assets, end of year
- $86,446,433
- Land, buildings and equipment
- $25,163,889
- Gross unrelated business income
- $28,486
- Gross receipts
- $60,749,653
- Employees
- 134
- Volunteers
- 10
- Year formed
- 1936
- 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 |
|---|---|---|---|---|
| TODD THARP | PRESIDENT/CEO Officer | 40 | $789,199 | $50,919 |
| JOHN STEVENSON | SVP/CFO/SECRETARY Officer | 40 | $305,537 | $14,129 |
| KAREN SMITH | SVP/CHIEF CREDIT OFFICER Key employee | 40 | $277,502 | $33,917 |
| CHARLES WILLIAMS | SVP/CHIEF RISK OFFICER Key employee | 40 | $257,926 | $44,619 |
| RISHI DAVE | VP ENTERPRISE TECH. & ARCHITECTURE Key employee | 40 | $250,475 | $43,781 |
| GLORIA NUNES | VP/CHIEF PEOPLE OFFICER Key employee | 40 | $199,436 | $23,410 |
| ANDREW JUDGE | VP INTERNAL AUDIT Highest-paid employee | 40 | $185,221 | $19,959 |
| CHRIS DE JESUS | VP CORE APPLICATION EFFICIENCY & EFFECTIVENESS Highest-paid employee | 40 | $170,155 | $18,290 |
| CASEY CHRISTIAN | DIRECTOR INFORMATION SECURITY Highest-paid employee | 40 | $174,283 | $8,667 |
| NARA HARTMANN | VP OF LEGAL/COMPLIANCE/RISK Highest-paid employee | 40 | $167,397 | $9,940 |
| RYAN HARRIS | SOFTWARE ENGINEERING & DEVELOPMENT MANAGER Highest-paid employee | 40 | $155,441 | $18,475 |
| MATT ADAMS | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| MIKE DANIELS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DAVID ELY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| HARRY LE GRANDE | DIRECTOR Trustee or director | 3 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YVONNE MARSH | DIRECTOR Trustee or director | 3 | $0 |
| LES OVERMAN | DIRECTOR Trustee or director | 3 | $0 |
| BEVERLY RANDEZ | VICE CHAIR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD THARP | PRESIDENT/CEO Officer | 40 | $840,268 | $52,512 |
| KAREN SMITH | SVP/CHIEF CREDIT OFFICER Key employee | 40 | $271,363 | $32,255 |
| CHARLES WILLIAMS | SVP/CHIEF RISK OFFICER Key employee | 40 | $266,263 | $37,151 |
| RISHI DAVE | VP ENTERPRISE TECH. & ARCHITECTURE Key employee | 40 | $233,051 | $44,708 |
| MELVINREY DE GUZMAN | FORMER VP REAL ESTATE & CAPITAL MARKETS Highest-paid employee | 40 | $254,067 | $22,076 |
| JOHN STEVENSON | SVP/CFO/SECRETARY Officer | 40 | $239,534 | $4,568 |
| VITO ZERILLI | SVP/CHIEF EXPERIENCE OFFICER Key employee | 40 | $213,351 | $22,979 |
| GLORIA NUNES | VP/CHIEF PEOPLE OFFICER Key employee | 40 | $183,199 | $23,075 |
| ANDREW JUDGE | VP INTERNAL AUDIT Highest-paid employee | 40 | $150,503 | $39,752 |
| JAMES CREED | VP OF OPERATIONS/PAYMENTS Highest-paid employee | 40 | $169,067 | $19,687 |
| MATTHEW LYONS | FORMER EVP/CHIEF OPERATING OFFICER Key employee | 40 | $174,870 | $4,086 |
| CHRIS DE JESUS | VP CORE APPLICATION EFFICIENCY Highest-paid employee | 40 | $156,126 | $19,141 |
| NARA HARTMANN | VP OF LEGAL/COMPLIANCE/RISK Highest-paid employee | 40 | $155,988 | $9,512 |
| MATT ADAMS | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| MIKE DANIELS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DAVID ELY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| HARRY LE GRANDE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOSHUA LAWRENCE | FORMER CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| YVONNE MARSH | DIRECTOR Trustee or director | 3 | $0 | $0 |
| LES OVERMAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| BEVERLY RANDEZ | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD THARP | PRESIDENT/CEO Officer | 40 | $712,968 | $55,132 |
| MATTHEW LYONS | EVP/CHIEF OPERATING OFFICER Key employee | 40 | $492,326 | $28,722 |
| CHARLES WILLIAMS | SVP/CHIEF RISK OFFICER Key employee | 40 | $287,348 | $27,291 |
| KAREN SMITH | VP/CHIEF CREDIT OFFICER Key employee | 40 | $257,555 | $29,395 |
| RISHI DAVE | VP ENTERPRISE TECH. & ARCHITECTURE Key employee | 40 | $213,559 | $43,003 |
| AMBER FIELDER | FORMER SVP/CHIEF MARKETING OFFICER Key employee | 40 | $234,423 | $20,265 |
| MELVINREY DE GUZMAN | VP OF REAL ESTATE & CAPITAL MARKETS Highest-paid employee | 40 | $233,336 | $21,316 |
| CARRIE KNUTSON | VP FINANCE Highest-paid employee | 40 | $171,344 | $38,386 |
| MARGARITA GUERRA | FORMER SVP/CFO/SECRETARY Officer | 40 | $188,922 | $17,607 |
| RYAN HARRIS | SOFTWARE ENGINEER II Highest-paid employee | 40 | $183,964 | $20,019 |
| ANDREW JUDGE | VP INTERNAL AUDIT Highest-paid employee | 40 | $170,962 | $25,059 |
| GLORIA NUNES | VP OF HUMAN RESOURCES Highest-paid employee | 40 | $168,777 | $21,703 |
| MATT ADAMS | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| DAVID ELY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| HARRY LE GRANDE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOSHUA LAWRENCE | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| STEVEN LEI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| YVONNE MARSH | DIRECTOR Trustee or director | 3 | $0 | $0 |
| LES OVERMAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| BEVERLY RANDEZ | DIRECTOR Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10120 PACIFIC HEIGHTS BLVD STE 100, SAN DIEGO, CA 92121-4205
- In care of
- % UNIV
- Principal officer (990 for 2025)
- TODD THARP, 10120 PACIFIC HEIGHTS BLVD 100, SAN DIEGO, CA 92121
- Signed the 990
- JOHN STEVENSON, CHIEF FINANCIAL OFFICER
- Phone
- (858) 795-6000
- Website
- WWW.BLUPEAK.COM
- Return prepared by
- RSM US LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-1209332 or by the name CREDIT UNIONS IN THE STATE OF.
- 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
WE ARE A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE; WE EXIST TO SERVE - TO ENRICH LIVES AND BUILD BETTER FUTURES.
Program accomplishments
- MEMBERSHIP IN BLUPEAK CREDIT UNION ("BLUPEAK") PROVIDES ACCESS TO A ROBUST ARRAY OF QUALITY FINANCIAL SERVICES AND PRODUCTS INCLUDING CHECKING AND SAVINGS ACCOUNTS. UNLIKE BANKS, WHICH RETURN THEIR PROFITS TO SHAREHOLDERS, BLUPEAK CREDIT UNION RETURNS ITS PROFITS TO MEMBERS IN THE FORM OF HIGHER RATES ON DEPOSITS AND A HOST OF FREE AND LOW-COST SERVICES. AS OF DECEMBER 31, 2025, MEMBERS HELD 65,754 DEPOSIT ACCOUNTS TOTALING OVER $1,038 MILLION. THESE ACCOUNTS INCLUDED FREE CHECKING, LOW-BALANCE SAVINGS, IRA'S, HIGH-YIELD SAVINGS, MONEY MARKET AND TERM INVESTMENT ACCOUNTS.
- AS A MEMBER-OWNED, NOT-FOR-PROFIT COOPERATIVE, BLUPEAK CREDIT UNION ("BLUPEAK") IS DEDICATED TO PROVIDING THE FINANCIAL PRODUCTS AND SERVICES MEMBERS NEED AT EVERY STAGE OF LIFE. WHETHER IT'S BUYING A FIRST CAR, FINANCING A NEW HOME, OR SEEKING A HIGHER EDUCATION, BLUPEAK OFFERS MEMBERS LOW-COST HOME, VEHICLE, AND PERSONAL LOANS, AS WELL AS FREE FINANCIAL SEMINARS TO ASSIST THEM IN MAKING SOUND FINANCIAL CHOICES. AS OF DECEMBER 31, 2025, BLUPEAK MEMBERS HELD 15,111 MORTGAGE, HOME EQUITY, VEHICLE, AND VARIOUS OTHER PERSONAL LOANS TOTALING OVER $745 MILLION.
- SINCE 1936, BLUPEAK CREDIT UNION ("BLUPEAK") HAS BEEN HELPING PEOPLE ACHIEVE THEIR MOST IMPORTANT FINANCIAL GOALS. AS ONE OF CALIFORNIA'S LARGEST CREDIT UNIONS, BLUPEAK OFFERS FULL-SERVICE BANKING INCLUDING FREE AND LOW-COST E-SERVICES. MEMBERS CAN MANAGE THEIR PERSONAL FINANCES ANYTIME, ANYWHERE WITH TELEPHONE, ONLINE AND WIRELESS INTERNET BANKING. AS AN ADDITIONAL CONVENIENCE, BLUPEAK OFFERS BILLPAY SERVICES TO MEMBERS WITH QUALIFYING CHECKING ACCOUNTS AT NO COST. EACH MONTH, APPROXIMATELY 30,000 MEMBERS UTILIZE THE E-SERVICES AVAILABLE 24 HOURS PER DAY. IN ADDITION, BLUPEAK HAS PARTNERED WITH OTHER CREDIT UNIONS TO FORM THE CO-OP ATM NETWORK. THIS NETWORK PROVIDES MEMBERS ACCESS TO APPROXIMATELY 30,000 NO-FEE ATM'S THROUGHOUT THE UNITED STATES, INCLUDING LOCATIONS AT POPULAR RETAILERS.
- ADDITIONAL BLUPEAK CREDIT UNION MEMBERSHIP BENEFITS INCLUDE: 1) PROFESSIONAL BROKERAGE AND INVESTMENT SERVICES, 2) MONEY-SAVING AUTO, HOME, HEALTH AND LIFE INSURANCE PROGRAMS, 3) FREE FINANCIAL EDUCATION TOOLS, AND 4) MERCHANT AND RECREATION DISCOUNTS.
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
- 95-1209332
- 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)
- $1,133,257,600
- Income (IRS master file)
- $60,749,653
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $52,021,404 | $49,658,795 | $1,133,257,600 | XML |
| 990 | December 2024 | $63,463,155 | $69,940,609 | $1,207,155,502 | XML |
| 990 | December 2023 | $62,378,718 | $60,114,609 | $1,472,619,773 | XML |
| 990 | December 2022 | $46,015,710 | $42,732,849 | $1,240,251,202 | IRS |
| 990 | December 2021 | $40,598,480 | $40,051,557 | $1,264,438,336 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 95-1209332).
Questions about CREDIT UNIONS IN THE STATE OF
- What is the EIN of CREDIT UNIONS IN THE STATE OF?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF is 95-1209332.
- Is CREDIT UNIONS IN THE STATE OF tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to CREDIT UNIONS IN THE STATE OF tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF 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 CREDIT UNIONS IN THE STATE OF 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 CREDIT UNIONS IN THE STATE OF 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 CREDIT UNIONS IN THE STATE OF?
- The 990 for the year ended December 31, 2025 names TODD THARP.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF?
- The 990 for the year ended December 31, 2025 lists 18 people; 11 received compensation from the organization, the highest $789,199 (TODD THARP, PRESIDENT/CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $52,021,404, expenses of $49,658,795 and total assets of $1,133,257,600 at year end.
Other nonprofits in SAN DIEGO
- SCRIPPS HEALTH EIN 95-1684089 · last filed 990 for 2025
- SHARP HEALTHCARE EIN 95-6077327 · last filed 990 for 2025
- RADY CHILDRENS HOSPITAL SAN DIEGO EIN 95-1691313 · last filed 990 for 2025
- SHARP MEMORIAL HOSPITAL EIN 95-3782169 · last filed 990 for 2025
- SOUTHERN CALIFORNIA SCHOOLS VOLUNTARY EMPLOYEES BENEFITS ASSOC EIN 33-0579503 · last filed 990 for 2025
- SHARP HEALTH PLAN EIN 33-0519730 · last filed 990 for 2025
- GROSSMONT HOSPITAL CORPORATION EIN 33-0449527 · last filed 990 for 2025
- SAN DIEGO IMPERIAL COUNTIES DEVELOPMENTAL SERVICES INC EIN 95-3735517 · last filed 990 for 2025