Nonprofit · EIN 95-6062634
SLO CREDIT UNION
Tax-exempt · SN LUIS OBISP, CA 93401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,343,991 | $1,622,641 | -$278,650 | $33,135,951 | $28,778,456 | $4,357,495 |
| December 31, 2023 | 990 | $1,183,395 | $1,165,704 | $17,691 | $35,135,863 | $30,896,770 | $4,239,093 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $986,438
- Investment income
- $308,678
- Other revenue
- $48,875
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $303,341
- Compensation of officers, directors and key employees
- $235,810
- Other salaries and wages
- $325,680
- Salaries, compensation and benefits (total)
- $561,490
- Professional fundraising fees
- $0
- Occupancy
- $60,666
- Travel
- $6,029
Balance sheet and other
- Total assets, start of year
- $35,135,863
- Total assets, end of year
- $33,135,951
- Total liabilities, end of year
- $28,778,456
- Net assets, end of year
- $4,357,495
- Land, buildings and equipment
- $557,744
- Gross receipts
- $1,343,991
- Employees
- 8
- Volunteers
- 10
- Year formed
- 1953
- 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 |
|---|---|---|---|
| Ora Sue Fellows | Board Member Trustee or director | 0.5 | $0 |
| Caryn Maddalena | Board Member Trustee or director | 0.5 | $0 |
| Ann Hall | Chairperson Trustee or director | 0.5 | $0 |
| James Gater | Vice Chair Pers Trustee or director | 0.5 | $0 |
| Matt Jansen | Board Member Trustee or director | 0.5 | $0 |
| Steve Senet | Secretary/Treas Trustee or director | 0.5 | $0 |
| Carl Nelson | Board Member Trustee or director | 0.5 | $0 |
| Ken Finney | SC Chairman Trustee or director | 0.5 | $0 |
| Rachel Gerber | SC Member Trustee or director | 0.5 | $0 |
| Vince Morici | SC Member Trustee or director | 0.5 | $0 |
| Dane Smith | CFO Officer | 40 | $0 |
| Donna Severs | CEO Officer | 40 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donna Severs | CEO Officer | 40 | $130,000 |
| Dane Smith | CFO Officer | 40 | $91,083 |
| Ora Sue Fellows | Board Member Trustee or director | 1 | $0 |
| Caryn Maddalena | Board Member Trustee or director | 1 | $0 |
| Ann Hall | Chairperson Trustee or director | 1 | $0 |
| James Gater | Vice Chair Pers Trustee or director | 1 | $0 |
| Matt Janssen | Board Member Trustee or director | 1 | $0 |
| Steve Senet | Secretary/Treas Trustee or director | 1 | $0 |
| Carl Nelson | Board Member Trustee or director | 1 | $0 |
| Ken Finney | SC Chairman Trustee or director | 1 | $0 |
| Duane Leib | SC Member Trustee or director | 1 | $0 |
| Vince Morici | SC Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1220 OSOS ST, SN LUIS OBISP, CA 93401-3620
- In care of
- % SLO CREDIT UNION
- Principal officer (990 for 2024)
- Donna Severs, 1220 Osos Street, San Luis Obispo, CA 93401
- Signed the 990
- Donna Severs, CEO
- Phone
- (805) 543-5839
- Website
- www.slocu.com
- Return prepared by
- RICHARDS & ASSOCIATES
California records
California keeps its own records of charities and corporations. Search them by EIN 95-6062634 or by the name SLO 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
Non-profit, State-Chartered, Natural Person Credit Union. Provide competitive financial services to the members of SLO Credit Union.
Program accomplishments
- Provided deposit and loan accounts to 1,565 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
- 95-6062634
- 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)
- $33,135,951
- Income (IRS master file)
- $1,343,991
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,343,991 | $1,622,641 | $33,135,951 | XML |
| 990 | December 2023 | $1,183,395 | $1,165,704 | $35,135,863 | XML |
| 990 | December 2022 | $990,671 | $865,350 | $37,323,013 | 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 95-6062634).
Questions about SLO CREDIT UNION
- What is the EIN of SLO CREDIT UNION?
- The employer identification number (EIN) of SLO CREDIT UNION is 95-6062634.
- Is SLO CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1961.
- Are donations to SLO CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SLO 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 SLO 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 SLO 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 SLO CREDIT UNION?
- The 990 for the year ended December 31, 2024 names Donna Severs.
- Who are the officers and directors of SLO CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does SLO CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,343,991, expenses of $1,622,641 and total assets of $33,135,951 at year end.
Other nonprofits in SN LUIS OBISP
- COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY INC EIN 95-2410253 · last filed 990 for 2025
- PEOPLES SELF-HELP HOUSING CORPORATION EIN 95-2750154 · last filed 990 for 2025
- TRANSITIONS - MENTAL HEALTH ASSOCIATION EIN 95-3509040 · last filed 990 for 2025
- FAMILY CARE NETWORK INC EIN 77-0159090 · last filed 990 for 2025
- FOOD BANK COALITION OF SAN LUIS OBISPO COUNTY EIN 77-0210727 · last filed 990 for 2025
- SAN LUIS OBISPO CLASSICAL ACADEMY EIN 20-3131883 · last filed 990 for 2025
- COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY EIN 77-0496500 · last filed 990 for 2025
- OPTIONS FAMILY OF SERVICES EIN 77-0109107 · last filed 990 for 2025