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Filing year 2023

FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA

Hollywood, California·EIN 95-2513485·501(c)(14)
Total revenue
$100.3M
Total assets
$2.2B
Total expenses
$87.7M
Reported officers
24
Mission

FIRST ENTERTAINMENT 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, FIRST ENTERTAINMENT 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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$859k
$949k
Base
$671k
Bonus
$137k
Other
$16k
Benefits
$27k
VP Facilities
Board Vice President
Above 90th percentile
$762k
$842k
Base
$185k
Bonus
$41k
Other
$509k
Benefits
$21k
Svp/cfo
Officer (Unspecified)
$469k
$518k
Base
$306k
Bonus
$69k
Other
$49k
Benefits
$37k
Svp/cxo
Key Employee
Above 90th percentile
$449k
$496k
Base
$292k
Bonus
$65k
Other
$33k
Benefits
$53k
Evp/chief Strategy Officer
Key Employee
75th to 90th percentile
$347k
$384k
Base
$303k
Bonus
$20k
Other
$6k
Benefits
$18k
VP Real Estate Lending
Board Vice President
Above 90th percentile
$335k
$371k
Base
$170k
Bonus
$41k
Other
$84k
Benefits
$34k
Svp/chief Marketing Officer
Key Employee
75th to 90th percentile
$328k
$363k
Base
$272k
Bonus
$42k
Other
$4k
Benefits
$3k
Svp/chief People Officer
Key Employee
75th to 90th percentile
$321k
$355k
Base
$258k
Bonus
$14k
Other
$15k
Benefits
$27k
Svp/chief Risk Officer
Key Employee
75th to 90th percentile
$307k
$340k
Base
$250k
Bonus
$37k
Other
$12k
Benefits
Svp/clo
Key Employee
75th to 90th percentile
$289k
$320k
Base
$80k
Bonus
$67k
Other
$128k
Benefits
$9k
VP Information Technology
Board Vice President
75th to 90th percentile
$285k
$315k
Base
$203k
Bonus
$35k
Other
$24k
Benefits
$19k
VP Strategy
Board Vice President
75th to 90th percentile
$277k
$306k
Base
$212k
Bonus
$36k
Other
$3k
Benefits
$18k
VP Commercial & Real Estate Lending
Board Vice President
75th to 90th percentile
$275k
$304k
Base
$227k
Bonus
$39k
Other
$1k
Benefits
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

FAQ

Common questions about FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA

What does the Chief Executive Officer of FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA earn?

In 2023, the Chief Executive Officer of FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA received $858,561 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA falls in the top 10%.

What are FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA's revenue and expenses?

In 2023, FIRST ENTERTAINMENT CREDIT UNION FKA CREDIT UNIONS IN THE STATE OF CA reported $100.3M in total revenue and $87.7M in total expenses on its IRS Form 990.

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