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Filing year 2024

WATER AND POWER COMMUNITY CREDIT UNION

Los Angeles, California·EIN 95-0952237·14
Total revenue
$47.1M
Total assets
$944M
Total expenses
$45.9M
Reported officers
22
Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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, WATER & POWER COMMUNITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Base
$531k
Bonus
$234
Other
$2k
Benefits
$17k
$365k
$390k
Base
$326k
Bonus
$232
Other
$552
Benefits
$27k
Base
$325k
Bonus
$234
Other
$360
Benefits
$14k
CIO
chief information officer
$279k
$298k
Base
$235k
Bonus
$229
Other
$216
Benefits
$29k
Treasurer
highest compensated employee
$225k
$240k
Base
$197k
Bonus
$246
Other
$2k
Benefits
$14k
Senior Manager Network Security
highest compensated employee
$214k
$229k
Base
$178k
Bonus
$237
Other
$552
Benefits
$24k
Senior Director of Compliance
director (operational)
$212k
$227k
Base
$183k
Bonus
$237
Other
$240
Benefits
$23k
Senior Manager People Operations
highest compensated employee
$192k
$206k
Base
$84k
Bonus
$16
Other
$96k
Benefits
$7k
CPO
officer (unspecified)
$188k
$201k
Base
$145k
Bonus
Other
$33k
Benefits
$2k
Director Lending
highest compensated employee
$185k
$198k
Base
$163k
Bonus
$248
Other
$552
Benefits
$12k
Re Loan Officer
highest compensated employee
$156k
$167k
Base
$65k
Bonus
$89k
Other
$133
Benefits
$2k

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.

Up 14%
from 2023

From $495k in 2023 to $562k in 2024.

$495k
2023
$562k
2024
In today's dollarsEst.
Up 10% in real terms$546k to $602k

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.

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

Revenue and expenses over time

WATER AND POWER COMMUNITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$45.7M
$40.3M
2023
$47.1M
$45.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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