Nonprofit · EIN 95-1679662
FIRST CITY CREDIT UNION
Tax-exempt · ALTADENA, CA 91001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $44,588,286 | $41,314,625 | $3,273,661 | $937,393,420 | $852,903,426 | $84,489,994 |
| December 31, 2024 | 990 | $41,363,905 | $37,175,695 | $4,188,210 | $887,999,902 | $821,819,609 | $66,180,293 |
| December 31, 2023 | 990 | $38,120,641 | $30,541,292 | $7,579,349 | $906,616,422 | $851,598,869 | $55,017,553 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $32,873,709
- Investment income
- $11,714,577
- Net gain from sales of assets
- -$54,520
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,276,409
- Other salaries and wages
- $8,609,452
- Salaries, compensation and benefits (total)
- $12,799,116
- Professional fundraising fees
- $0
- Legal fees
- $122,723
- Accounting fees
- $152,474
- Occupancy
- $1,566,314
- Depreciation
- $964,073
Balance sheet and other
- Total assets, start of year
- $887,999,902
- Total assets, end of year
- $937,393,420
- Total liabilities, end of year
- $852,903,426
- Net assets, end of year
- $84,489,994
- Land, buildings and equipment
- $15,512,524
- Gross unrelated business income
- $265,110
- Gross receipts
- $44,642,806
- Employees
- 152
- Volunteers
- 10
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NAVNEET KHANNA | CEO Officer | 40 | $515,669 | $60,439 |
| LOURDES RUANO | SVP/CFO Officer | 40 | $330,400 | $55,079 |
| SAMANTHIKA TATE | SVP/COO Key employee | 40 | $285,730 | $29,083 |
| LIXA ANDERSON | SVP/CIO Key employee | 40 | $232,328 | $50,723 |
| ALFREDO PEREZ | SVP/CLO Key employee | 40 | $227,101 | $38,144 |
| ROYCE NGIAM | SVP/CMO Key employee | 40 | $207,089 | $46,664 |
| OSCAR TOLEDO | VP, ECOMMERCE & PAYMENTS Highest-paid employee | 40 | $157,699 | $44,616 |
| MARY RUBIO | SVP/CHRO Key employee | 40 | $177,198 | $20,762 |
| DEBORAH MINERO | AVP, PROJECT MANAGEMENT Highest-paid employee | 40 | $141,747 | $27,727 |
| ABDUL NABI QANI | PROGRAMMER II Highest-paid employee | 40 | $119,700 | $41,096 |
| ROBERT HERRERA | FORMER SR SYSTEM ADMIN Highest-paid employee | 40 | $130,946 | $8,623 |
| MARY BOLOSE | FORMER VP, MEMBER SERVICES Highest-paid employee | 40 | $117,591 | $6,607 |
| CHRISTOPHER ANDERSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BENEDICT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN BERNARDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLA GLOVER | FORMER VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ANABEL LUNA GIRON | DIRECTOR Trustee or director | 1 | $0 |
| MARISA LOPEZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| GRACE REYES | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL STEINBERGER | CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NAVNEET KHANNA | CEO Officer | 40 | $601,824 | $55,236 |
| LOURDES RUANO | EVP/CFO Officer | 40 | $359,041 | $53,854 |
| LIXA ANDERSON | SVP/CIO Key employee | 40 | $236,821 | $46,996 |
| ALFREDO PEREZ | SVP/CLO Key employee | 40 | $232,220 | $36,292 |
| ROYCE NGIAM | SVP/CMO Key employee | 40 | $176,488 | $41,860 |
| DAVID TRAN | VP, TECHNOLOGY Highest-paid employee | 40 | $177,976 | $28,595 |
| MARY BOLOSE | VP, MEMBER SERVICES Highest-paid employee | 40 | $170,263 | $33,557 |
| OSCAR TOLEDO | VP, ECOMMERCE & PAYMENTS Highest-paid employee | 40 | $151,535 | $40,067 |
| MARY RUBIO | SVP/CHRO Key employee | 40 | $168,548 | $19,774 |
| DEBORAH MINERO | AVP, PROJECT MANAGEMENT Highest-paid employee | 40 | $141,671 | $31,902 |
| ROBERT HERRERA | SR SYSTEM ADMIN Highest-paid employee | 40 | $150,106 | $15,942 |
| CHRISTOPHER ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BENEDICT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN BERNARDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLA GLOVER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARISA LOPEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL STEINBERGER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NAVNEET KHANNA | CEO Officer | 40 | $559,442 | $70,514 |
| LOURDES RUANO | EVP/CFO Officer | 40 | $323,293 | $53,574 |
| MICHAEL WILKINS | SVP/COO Key employee | 40 | $264,567 | $43,481 |
| ALFREDO PEREZ | SVP/CLO Highest-paid employee | 40 | $217,081 | $37,605 |
| QAMAR NOORY | VP/CIO Highest-paid employee | 40 | $214,297 | $22,503 |
| MARY BOLOSE | VP Highest-paid employee | 40 | $160,867 | $34,468 |
| MARY RUBIO | VP OF HUMAN RESOURCES Highest-paid employee | 40 | $164,519 | $19,768 |
| CURTIS RUTHER | VP OF CONSUMER LENDING Highest-paid employee | 40 | $161,808 | $10,665 |
| CHRISTOPHER ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BENEDICT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN BERNARDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLA GLOVER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARISA LOPEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA OLIVER | FORMER TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL STEINBERGER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 W WOODBURY RD, ALTADENA, CA 91001-5410
- Principal officer (990 for 2025)
- NAVNEET KHANNA, 500 W WOODBURY RD, ALTADENA, CA 91001
- Signed the 990
- LOURDES RUANO, EVP/CFO
- Phone
- (213) 481-4690
- Website
- WWW.FIRSTCITYCU.ORG
- Return prepared by
- RSM US LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-1679662 or by the name FIRST CITY 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
FIRST CITY CREDIT UNION (THE CREDIT UNION) EXISTS TO SERVE ITS MEMBERS. THE CREDIT UNION IS COMMITTED TO OFFER A BROAD RANGE OF QUALITY FINANCIAL SERVICES, DELIVERED AND PRICED TO PROVIDE GOOD VALUE. THE CREDIT UNION SHALL MAINTAIN FINANCIALLY SOUND AND ETHICAL PRACTICES TO MERIT CONFIDENCE AND TRUST.
Program accomplishments
- RETAIL LENDING: FIRST CITY CREDIT UNION PROVIDES A FULL RANGE OF RETAIL LENDING PRODUCTS TO ITS MEMBERS, INCLUDING NEW AND USED AUTO FINANCING, REAL ESTATE MORTGAGES, UNSECURED LOANS, HOME EQUITY LINES OF CREDIT AND OTHER RETAIL CREDIT. WE ARE AMONG THE LEADING CREDIT UNIONS IN THE COUNTRY IN TERMS OF OUR RELATIVE CONCENTRATION OF SUCCESSFUL AUTO LENDING PRODUCTS, WHICH REPRESENT 30% OF OUR TOTAL LOANS. WE CONTINUE TO DEVELOP OUR LENDING CAPABILITIES AS A RELIABLE SOURCE OF CREDIT IN THE CHALLENGING ECONOMIC CONDITIONS OF THE PAST YEAR. AT 12/31/2025, FIRST CITY CREDIT UNION HAD 57,404 MEMBER LOANS OUTSTANDING WITH A TOTAL BALANCE OF $445,103,946.
- DEPOSITS: FIRST CITY CREDIT UNION PROVIDES A FULL RANGE OF RETAIL DEPOSIT PRODUCTS TO ITS MEMBERS TO PROVIDE A SAFE AND INSURED INVESTMENT VEHICLE TO HELP FINANCIAL MANAGEMENT. THIS INCLUDES BOTH FIXED TERM CERTIFICATES OF DEPOSIT AND NON-MATURING DEPOSITS, SUCH AS MONEY MARKET ACCOUNTS. WE ALSO PROVIDE A FULL RANGE OF CHECKING ACCOUNT PRODUCTS THAT ALLOW OUR MEMBERS TO MANAGE THEIR DAY-TO-DAY FINANCES EFFECTIVELY THROUGH SERVICES SUCH AS DIRECT DEPOSIT OF PAYROLL AND ON-LINE BILL PAYMENT. OUR NETWORK OF 7 BRANCHES PROVIDE EASY ACCESS TO OUR DEPOSIT AS WELL AS OTHERS PRODUCTS. AT 12/31/2025, FIRST CITY CREDIT UNION HAD A TOTAL DEPOSIT BALANCE OF $805,161,868.
- CARD SERVICES: FIRST CITY CREDIT UNION PROVIDES CREDIT CARDS AND DEBIT CARDS TO ITS MEMBERS. THESE CARDS PROVIDE MEMBERS WITH THE CASH MANAGEMENT TOOLS NECESSARY FOR MUCH OF THEIR ONGOING PURCHASES AND BILL PAYMENTS ON A DAILY BASIS. THEY ALSO PROVIDE MEMBERS WITH THE ABILITY TO MANAGE FINANCES WITH A VARIETY OF OPTIONS, E.G., DEFERRING PAYMENTS UNTIL CASH IS AVAILABLE TO PAY OR MAKING PURCHASES WITH A DIRECT DEBIT WHEN PHYSICAL CHECKS ARE NOT ACCEPTED BY A MERCHANT.
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
- 95-1679662
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1526: CREDIT UNIONS IN THE STATE OF CALIFORNIA
- Assets (IRS master file)
- $937,393,420
- Income (IRS master file)
- $44,642,806
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $44,588,286 | $41,314,625 | $937,393,420 | XML |
| 990 | December 2024 | $41,363,905 | $37,175,695 | $887,999,902 | XML |
| 990 | December 2023 | $38,120,641 | $30,541,292 | $906,616,422 | XML |
| 990 | December 2022 | $29,074,210 | $22,924,054 | $886,615,777 | IRS |
| 990 | December 2021 | – | – | – | 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 95-1679662).
Questions about FIRST CITY CREDIT UNION
- What is the EIN of FIRST CITY CREDIT UNION?
- The employer identification number (EIN) of FIRST CITY CREDIT UNION is 95-1679662.
- Is FIRST CITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1979.
- Are donations to FIRST CITY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FIRST CITY 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 FIRST CITY 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 FIRST CITY 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 FIRST CITY CREDIT UNION?
- The 990 for the year ended December 31, 2025 names NAVNEET KHANNA.
- Who are the officers and directors of FIRST CITY CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 20 people; 12 received compensation from the organization, the highest $515,669 (NAVNEET KHANNA, CEO).
- How much revenue does FIRST CITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $44,588,286, expenses of $41,314,625 and total assets of $937,393,420 at year end.
Other nonprofits in ALTADENA
- EPISCOPAL COMMUNITIES & SERVICES FOR SENIORS EIN 95-1642373 · last filed 990 for 2025
- ODYSSEY CHARTER SCHOOLS EIN 95-4753574 · last filed 990 for 2025
- PASADENA WALDORF SCHOOL EIN 95-3308553 · last filed 990 for 2025
- LINCOLN AVENUE WATER COMPANY INCORPORATED EIN 95-0937105 · last filed 990 for 2024
- RUBIO CANON LAND & WATER ASSOCIATION EIN 95-1169223 · last filed 990 for 2024
- BOURNE INC EIN 04-3634062 · last filed 990-PF for 2024
- BUNNY MUSEUM EIN 47-1555043 · last filed 990 for 2025
- AMIGOS DE LOS RIOS EIN 84-1628453 · last filed 990 for 2024