BluPeak Credit Union
Nonprofit profile at a glance
- EIN
- 951209332
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- San Diego, CA, USA
- Phone
- 866.873.4968
- Rating confidence
- Limited
Reported finances
- Revenue
- $52,021,404
- Expenses
- $49,658,795
- Assets
- $1,133,257,600
- Liabilities
- $1,046,811,167
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- TODD THARP (PRESIDENT/CEO)
Highest reported compensation
- TODD THARP (PRESIDENT/CEO): $840,118 total reported compensation
- JOHN STEVENSON (SVP/CFO/SECRETARY): $319,666 total reported compensation
- KAREN SMITH (SVP/CHIEF CREDIT OFFICER): $311,419 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
BluPeak Credit Union is a member-owned financial cooperative committed to putting people first.
What it reported doing in 2025
Since 1936, blupeak credit union ("blupeak") has been helping people achieve their most important financial goals. As one of California's largest credit unions, blupeak offers full-service banking including free and low-cost e-services. Members can manage their personal finances anytime, anywhere with telephone, online and wireless internet banking. As an additional convenience, blupeak offers billpay services to members with qualifying checking accounts at no cost. Each month, approximately 30,000 members utilize the e-services available 24 hours per day. In addition, blupeak has partnered with other credit unions to form the co-op atm network. This network provides members access to approximately 30,000 no-fee atm's throughout the united states, including locations at popular retailers.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 87
- Accountability: 91
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.5%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 22.82; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.7% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 5 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $840K · 18 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.3M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Operating margin scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 12/100.