LBS FINANCIAL CREDIT UNION
EIN: 95-1644568Westminster, CAZIP: 92683
W61 - Public & Societal Benefit501(c)(14)
Mission
LBS FINANCIAL 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, LBS FINANCIAL 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 BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $79.4M | $0 | $2B |
Compensation
Similar Organizations
KEYPOINT CREDIT UNION
$75.9M revenueSan Jose, CA
Same sector (W61)Very similar revenue ($75.9M vs $79.4M)Same state (California)Similar median compensation ($253k vs $278k)
PACIFIC SERVICE CREDIT UNION
$63.2M revenueConcord, CA
Same sector (W61)Similar revenue ($63.2M vs $79.4M)Same state (California)Comparable compensation levels
SAN MATEO CREDIT UNION
$88.3M revenueRedwood City, CA
Same sector (W61)Similar revenue ($88.3M vs $79.4M)Same state (California)Comparable compensation levels
BEACON CREDIT UNION
$62.3M revenueWabash, IN
Same sector (W61)Similar revenue ($62.3M vs $79.4M)Similar median compensation ($293k vs $278k)Similar size (21 vs 22 executives)
GULF WINDS CREDIT UNION
$63M revenuePensacola, FL
Same sector (W61)Similar revenue ($63M vs $79.4M)Similar median compensation ($279k vs $278k)
SUNMARK CREDIT UNION
$72.9M revenueLatham, NY
Same sector (W61)Very similar revenue ($72.9M vs $79.4M)
RAVE FINANCIAL CREDIT UNION
$62.2M revenueBeaumont, TX
Same sector (W61)Similar revenue ($62.2M vs $79.4M)Comparable compensation levels
NORTHERN CREDIT UNION
$41.1M revenueWatertown, NY
Same sector (W61)Comparable revenue ($41.1M vs $79.4M)Similar median compensation ($280k vs $278k)Similar size (21 vs 22 executives)
USVETS HOUSING CORPORATION
$72.8M revenueLos Angeles, CA
Similar sector (W)Very similar revenue ($72.8M vs $79.4M)Same state (California)
Frontier Credit Union
$40.4M revenueIdaho Falls, ID
Same sector (W61)Comparable revenue ($40.4M vs $79.4M)Similar median compensation ($247k vs $278k)
Data from IRS Form 990 filings (2023).