Nonprofit · EIN 95-1968774
CABRILLO CREDIT UNION
Tax-exempt (reinstated) · SAN DIEGO, CA 92123
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $27,350,587 | $22,358,878 | $4,991,709 | $403,210,717 | $367,948,483 | $35,262,234 |
| December 31, 2023 | 990 | $19,750,188 | $18,246,752 | $1,503,436 | $397,739,431 | $370,017,508 | $27,721,923 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,006,019
- Investment income
- $7,344,568
- Net gain from sales of assets
- $3,823,864
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $76,767
- Compensation of officers, directors and key employees
- $1,619,116
- Other salaries and wages
- $5,061,451
- Salaries, compensation and benefits (total)
- $7,929,359
- Professional fundraising fees
- $0
- Legal fees
- $258,310
- Accounting fees
- $150,657
- Occupancy
- $802,017
- Travel
- $496,152
- Depreciation
- $578,334
Balance sheet and other
- Total assets, start of year
- $397,739,431
- Total assets, end of year
- $403,210,717
- Total liabilities, end of year
- $367,948,483
- Net assets, end of year
- $35,262,234
- Land, buildings and equipment
- $11,504,345
- Publicly traded securities
- $97,978,972
- Gross unrelated business income
- $48,678
- Gross receipts
- $28,026,723
- Employees
- 91
- Volunteers
- 10
- Year formed
- 1955
- 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 |
|---|---|---|---|---|
| KEVIN POSEY | PRESIDENT/CEO Officer | 40 | $362,543 | $33,622 |
| FRANKIE DUENAS | CTO Officer | 40 | $260,373 | $35,281 |
| ALLEN ARVIZU | CFO Officer | 40 | $182,312 | $18,981 |
| JUSTIN BURNS | VP, INFORMATION TECHNOLOGY Highest-paid employee | 40 | $179,948 | $6,873 |
| JEREMY PREIMESBERGER | VP, MARKETING Highest-paid employee | 40 | $139,955 | $14,257 |
| BRET HODA | CRO Officer | 40 | $138,329 | $11,264 |
| MICHELLE GARDNER | VP, BRANCHES Highest-paid employee | 40 | $126,667 | $12,251 |
| KELLI DAVIS | AVP, RISK & COMPLIANCE Highest-paid employee | 40 | $116,831 | $18,525 |
| JULIA FREITAS | AVP, MEMBER EXPERIENCE Highest-paid employee | 40 | $110,836 | $22,246 |
| RANDI LARSSON | CHAIR Trustee or director | 4 | $1,322 | $0 |
| FRANK MIRANDA | VICE CHAIR Trustee or director | 4 | $0 | $0 |
| DAVE C RODRIGUEZ | SECRETARY Trustee or director | 4 | $0 | $0 |
| KRISTOPHER WHITWORTH | TREASURER Trustee or director | 4 | $0 | $0 |
| RICHARD AMEZCUA | BOARD MEMBER Trustee or director | 4 | $0 | $0 |
| MARCELLA SERRANO-GOMEZ | BOARD MEMBER Trustee or director | 4 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MANUEL BAYON | BOARD MEMBER Trustee or director | 4 | $0 |
| MICHAEL BARANIC | SUPV CMTE CHAIR Trustee or director | 4 | $0 |
| TINA PAISLEY | SUPV CMTE MEMBER Trustee or director | 4 | $0 |
| JOEL LARA | SUPV CMTE MEMBER Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN POSEY | PRESIDENT/CEO Officer | 40 | $368,286 | $28,132 |
| FRANKIE DUENAS | CTO Officer | 40 | $255,978 | $30,807 |
| GREGORY BROWN | CLO Officer | 40 | $249,998 | $20,408 |
| JOHN STEVENSON | CFO Officer | 40 | $231,820 | $13,361 |
| JUSTIN BURNS | VP IT Highest-paid employee | 40 | $144,609 | $6,455 |
| KELLI DAVIS | AVP RISK & COMPLIANCE Highest-paid employee | 40 | $118,550 | $16,882 |
| JULIA FREITAS | AVP MEMBER EXPERIENCE Highest-paid employee | 40 | $114,191 | $20,648 |
| ZHANNA SAUCIER | SENIOR ANALYST Highest-paid employee | 40 | $124,623 | $4,638 |
| LIZBETH BIALECKI | AVP BUSINESS DEVELOPMENT Highest-paid employee | 40 | $113,808 | $10,673 |
| RANDI LARSSON | CHAIR Trustee or director | 2 | $1,206 | $0 |
| MANUEL BAYON | BOARD MEMBER Trustee or director | 1 | $1,060 | $0 |
| MARCELLA SERRANO-GOMEZ | BOARD MEMBER Trustee or director | 1 | $954 | $0 |
| JOEL LARA | SUPV CMTE MEMBER Trustee or director | 1 | $905 | $0 |
| RICHARD AMEZCUA | VICE CHAIR Trustee or director | 2 | $899 | $0 |
| DAVE C RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $884 | $0 |
| TINA PAISLEY | SUPV CMTE MEMBER Trustee or director | 1 | $883 | $0 |
| KRISTOPHER WHITWORTH | TREASURER Trustee or director | 2 | $868 | $0 |
| MICHAEL BARANIC | SUPV CMTE CHAIR Trustee or director | 2 | $867 | $0 |
| FRANK MIRANDA | SECRETARY Trustee or director | 2 | $859 | $0 |
Address and contacts
- Address (IRS master file)
- 3710 RUFFIN RD, SAN DIEGO, CA 92123-1812
- Principal officer (990 for 2024)
- KEVIN POSEY, 3710 RUFFIN ROAD, SAN DIEGO, CA 92123
- Signed the 990
- ALLEN ARVIZU, CFO
- Phone
- (858) 547-7400
- Return prepared by
- TURNER WARREN HWANG & CONRAD ACCTCY
Mission
SEE SCHEDULE OCABRILLO 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, CABRILLO 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 24,719 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
- 95-1968774
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W61)
- Assets (IRS master file)
- $403,210,717
- Income (IRS master file)
- $28,026,723
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- June 11, 2019
- Reinstated
- Effective May 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $19,750,188 | $18,246,752 | $397,739,431 | IRS |
| 990 | December 2022 | $17,265,058 | $14,914,266 | $404,914,151 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 CABRILLO CREDIT UNION
- What is the EIN of CABRILLO CREDIT UNION?
- The employer identification number (EIN) of CABRILLO CREDIT UNION is 95-1968774.
- Is CABRILLO CREDIT UNION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to CABRILLO CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CABRILLO 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 CABRILLO 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 CABRILLO 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 CABRILLO CREDIT UNION?
- The 990 for the year ended December 31, 2024 names KEVIN POSEY.
- Who are the officers and directors of CABRILLO CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 19 people; 10 received compensation from the organization, the highest $362,543 (KEVIN POSEY, PRESIDENT/CEO).
- How much revenue does CABRILLO CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $27,350,587, expenses of $22,358,878 and total assets of $403,210,717 at year end.
Other nonprofits in SAN DIEGO
- SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION EIN 33-0927692 · last filed 990 for 2025
- VIETNAM VETERANS OF SAN DIEGO EIN 95-3649525 · last filed 990 for 2025
- SUPPORT THE ENLISTED PROJECT INC EIN 20-3051279 · last filed 990 for 2025
- UNITED THROUGH READING EIN 33-0373000 · last filed 990 for 2025
- GOOD FOR OTHERS FOUNDATION EIN 87-3067324 · last filed 990 for 2024
- 365 CONNECT INC EIN 87-1718325 · last filed 990 for 2025
- AMERICAN CONSUMER COUNCIL EIN 33-0718596 · last filed 990 for 2025
- VETERANS IN BUSINESS NETWORK EIN 81-4522153 · last filed 990 for 2024
All nonprofits in SAN DIEGO · California · Public and societal benefit