Nonprofit · EIN 95-1652773
CORAZO CREDIT UNION
Tax-exempt · EL CENTRO, CA 92243
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $22,186,291 | $15,591,484 | $6,594,807 | $234,609,547 | $201,399,063 | $33,210,484 |
| December 31, 2024 | 990 | $16,277,716 | $13,966,169 | $2,311,547 | $219,267,309 | $192,597,439 | $26,669,870 |
| December 31, 2023 | 990 | $13,356,336 | $10,249,149 | $3,107,187 | $195,673,928 | $171,596,791 | $24,077,137 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,838,616
- Investment income
- $1,215,587
- Net gain from sales of assets
- $20,647
- Other revenue
- $132,088
Expenses
- Grants and similar amounts paid
- $23,672
- Compensation of officers, directors and key employees
- $1,030,162
- Other salaries and wages
- $3,282,519
- Salaries, compensation and benefits (total)
- $5,452,190
- Professional fundraising fees
- $0
- Legal fees
- $18,142
- Accounting fees
- $73,380
- Occupancy
- $473,037
- Travel
- $125,471
- Depreciation
- $453,399
Balance sheet and other
- Total assets, start of year
- $219,267,309
- Total assets, end of year
- $234,609,547
- Total liabilities, end of year
- $201,399,063
- Net assets, end of year
- $33,210,484
- Land, buildings and equipment
- $7,732,709
- Gross unrelated business income
- $47,118
- Gross receipts
- $22,615,644
- Employees
- 74
- Volunteers
- 10
- Year formed
- 1942
- 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 |
|---|---|---|---|---|
| FIDEL GONZALEZ | PRESIDENT/CEO Officer | 40 | $283,843 | $147,370 |
| CUAUHTEMOC DE LA TORRE | EVP/CFO Officer | 40 | $230,311 | $39,897 |
| FRANCISCO ORNELAS | LOAN SERVICING MANAGER Highest-paid employee | 40 | $102,008 | $43,179 |
| MARLENA RENTERIA | CXO Officer | 40 | $131,899 | $13,226 |
| EVANGELINA LOYA | HR/COMPLIANCE MANAGER Highest-paid employee | 40 | $105,549 | $32,716 |
| VERONICA YEE | ACCOUNTING MANAGER Highest-paid employee | 40 | $101,001 | $12,662 |
| JORGE ALCANTAR | COO Officer | 40 | $62,757 | $0 |
| ALEXIS ARAUJO | CHAIRPERSON Trustee or director | 0.75 | $3,173 | $0 |
| VICTOR TORRES | BOARD MEMBER Trustee or director | 0.75 | $3,001 | $0 |
| KATHLEEN LANG | SECRETARY Trustee or director | 0.75 | $2,530 | $0 |
| VICTOR JAIME | BOARD MEMBER Trustee or director | 0.75 | $2,245 | $0 |
| CARLOS FLETES | VICE CHAIRPERSON Trustee or director | 0.75 | $1,845 | $0 |
| CHRISTOPHER PETREE | TREASURER Trustee or director | 0.75 | $0 | $0 |
| SHERRY COWIE | BOARD MEMBER Trustee or director | 0.75 | $0 | $0 |
| STEVE ESCALERA | SUPV CMTE CHAIR Trustee or director | 0.75 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWN CHUN | SUPV CMTE MEMBER Trustee or director | 0.75 | $0 |
| ELIZABETH ESPINOZA | SUPV CMTE MEMBER Trustee or director | 0.75 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FIDEL GONZALEZ | PRESIDENT/CEO Officer | 40 | $282,038 | $95,385 |
| CUAUHTEMOC DE LA TORRE | EVP/CFO Officer | 40 | $210,567 | $24,995 |
| JORGE ALCANTAR | COO Officer | 40 | $132,155 | $7,597 |
| MARLENA RENTERIA | CXO Officer | 40 | $124,905 | $7,719 |
| KATHLEEN LANG | BOARD MEMBER Trustee or director | 0.75 | $2,014 | $0 |
| VICTOR JAIME | BOARD MEMBER Trustee or director | 0.75 | $804 | $0 |
| DAWN CHUN | SUPV CMTE MEMBER Trustee or director | 0.75 | $659 | $0 |
| VICTOR TORRES | CHAIRPERSON Trustee or director | 0.75 | $0 | $0 |
| ALEXIS ARAUJO | VICE CHAIRPERSON Trustee or director | 0.75 | $0 | $0 |
| MICHAEL CAMPBELL | SECRETARY Trustee or director | 0.75 | $0 | $0 |
| CHRISTOPHER H PETREE | TREASURER Trustee or director | 0.75 | $0 | $0 |
| CARLOS FLETES | BOARD MEMBER Trustee or director | 0.75 | $0 | $0 |
| STEVE ESCALERA | SUPV CMTE CHAIR Trustee or director | 0.75 | $0 | $0 |
| KATIE LUNA | SUPV CMTE MEMBER Trustee or director | 0.75 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FIDEL GONZALEZ | PRESIDENT/CEO Officer | 40 | $254,696 | $139,350 |
| CUAUHTEMOC DE LA TORRE | EVP/CFO Officer | 40 | $200,827 | $21,741 |
| JORGE ALCANTAR | COO Officer | 40 | $123,469 | $9,958 |
| MARLENA RENTERIA | CXO Officer | 40 | $112,378 | $7,024 |
| ALEXIS ARAUJO | VICE CHAIRPERSON Trustee or director | 0.75 | $2,339 | $0 |
| CARLOS FLETES | SUPERVISORY COMMITTEE Trustee or director | 0.75 | $623 | $0 |
| STEVE ESCALERA | SUPERVISORY COMMITTEE Trustee or director | 0.75 | $570 | $0 |
| VICTOR TORRES | CHAIRPERSON Trustee or director | 0.75 | $0 | $0 |
| MICHAEL CAMPBELL | SECRETARY Trustee or director | 0.75 | $0 | $0 |
| KATIE LUNA | TREASURER Trustee or director | 0.75 | $0 | $0 |
| VICTOR JAIME | BOARD MEMBER Trustee or director | 0.75 | $0 | $0 |
| KATHLEEN LANG | BOARD MEMBER Trustee or director | 0.75 | $0 | $0 |
| CHRISTOPHER H PETREE | BOARD MEMBER Trustee or director | 0.75 | $0 | $0 |
| DAWN CHUN | SUPERVISORY COMMITTEE Trustee or director | 0.75 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1602 W MAIN ST, EL CENTRO, CA 92243-2232
- Principal officer (990 for 2025)
- FIDEL GONZALEZ, 1602 W MAIN STREET, EL CENTRO, CA 92243
- Signed the 990
- FIDEL GONZALEZ, CEO
- Phone
- (760) 352-1540
- Website
- WWW.CORAZOCU.COM
- Return prepared by
- TURNER WARREN HWANG & CONRAD ACCTCY
Mission
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 APPROVED 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, CORAZO 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.
Program accomplishments
- THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO MEMBERS INCLUDING ACCESS TO SHARE ACCOUNTS, CERTIFICATES OF DEPOSIT AND RETIREMENT SAVINGS ACCOUNTS, WITH ACTIVE PROMOTION OF ATM/DEBIT CARDS, ELECTRONIC BILL PAY AND HOME BANKING. MEMBERS ALSO HAVE ACCESS TO CONSUMER LOANS INCLUDING VEHICLE LOANS, PERSONAL LINES OF CREDIT AND CREDIT CARDS.
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
- 95-1652773
- 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)
- $234,609,547
- Income (IRS master file)
- $22,615,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $22,186,291 | $15,591,484 | $234,609,547 | XML |
| 990 | December 2024 | $16,277,716 | $13,966,169 | $219,267,309 | XML |
| 990 | December 2023 | $13,356,336 | $10,249,149 | $195,673,928 | XML |
| 990 | December 2022 | $10,509,894 | $8,290,550 | $184,124,441 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CORAZO CREDIT UNION
- What is the EIN of CORAZO CREDIT UNION?
- The employer identification number (EIN) of CORAZO CREDIT UNION is 95-1652773.
- Is CORAZO CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to CORAZO CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CORAZO 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 CORAZO CREDIT UNION 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 CORAZO CREDIT UNION 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 CORAZO CREDIT UNION?
- The 990 for the year ended December 31, 2025 names FIDEL GONZALEZ.
- Who are the officers and directors of CORAZO CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 17 people; 12 received compensation from the organization, the highest $283,843 (FIDEL GONZALEZ, PRESIDENT/CEO).
- How much revenue does CORAZO CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $22,186,291, expenses of $15,591,484 and total assets of $234,609,547 at year end.
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