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Filing year 2024

SANTA CRUZ COMMUNITY CREDIT UNION

Santa Cruz, California·EIN 94-2407726·501(c)(14)
Total revenue
$15.2M
Total assets
$186.2M
Total expenses
$14.2M
Reported officers
21
Mission

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, SANTA CRUZ COMMUNITY 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. SANTA CRUZ COMMUNITY CREDIT UNION SERVES THE COMMUNITY AS A CERTIFIED CDFI AND LOW INCOME CREDIT UNION, ENSURING THAT THROUGH ECONOMIC JUSTICE MEASURES, ALL PEOPLE RECEIVE ASSISTANCE TO IMPROVE THEIR LIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$526k
$560k
Base
$302k
Bonus
Other
$12k
Benefits
$26k
Clo
Officer (Unspecified)
$225k
$239k
Base
$186k
Bonus
Other
$10k
Benefits
$22k
Cao
Officer (Unspecified)
$211k
$224k
Base
$197k
Bonus
Other
$6k
Benefits
CTO
Officer (Unspecified)
$192k
$204k
Base
$171k
Bonus
Other
$6k
Benefits
$7k
Dir of Consumer Real Estate
Highest Compensated Employee
Median to 75th percentile
$180k
$191k
Base
$138k
Bonus
Other
$3k
Benefits
$34k
CIO
Chief Information Officer
25th percentile to median
$162k
$172k
Base
$154k
Bonus
$2k
Other
$6k
Benefits
Dir of Comm. Outreach Learn
Highest Compensated Employee
25th percentile to median
$134k
$142k
Dir of E Services
Highest Compensated Employee
25th percentile to median
$130k
$138k
CFO
Median to 75th percentile
$120k
$128k
Bsa / Compliance Manager
Highest Compensated Employee
10th to 25th percentile
$114k
$121k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Down 51%
from 2023

From $1.1M in 2023 to $526k in 2024.

$1.1M
2023
$526k
2024
In today's dollarsEst.
Down 52% in real terms$1.2M to $560k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 51% from 2023 to 2024, while revenue rose 13%.

$1.1M in 2023 to $526k in 2024.
  • Highest Compensated Employee pay rose 18% from 2023 to 2024.
  • Chief Financial Officer pay rose 11% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SANTA CRUZ COMMUNITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.4M
$12.4M
2023
$15.2M
$14.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SANTA CRUZ COMMUNITY CREDIT UNION

What does the Chief Executive Officer of SANTA CRUZ COMMUNITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of SANTA CRUZ COMMUNITY CREDIT UNION received $525,554 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 SANTA CRUZ COMMUNITY CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SANTA CRUZ COMMUNITY CREDIT UNION falls in the top 10%.

What are SANTA CRUZ COMMUNITY CREDIT UNION's revenue and expenses?

In 2024, SANTA CRUZ COMMUNITY CREDIT UNION reported $15.2M in total revenue and $14.2M in total expenses on its IRS Form 990.

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