Technology Credit Union
Nonprofit profile at a glance
- EIN
- 941651781
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- San Jose, CA, USA
- Phone
- (800) 553-0880
- Rating confidence
- Limited
Reported finances
- Revenue
- $239,450,752
- Expenses
- $238,575,988
- Assets
- $4,768,851,732
- Liabilities
- $4,349,076,726
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
37 people listed
Executive titles in this filing
- TODD HARRIS (PRESIDENT/CEO, SECRETARY/TREASURER)
Highest reported compensation
- TODD HARRIS (PRESIDENT/CEO, SECRETARY/TREASURER): $1,001,927 total reported compensation
- SUNDER SRINIVASAN (EVP, CHIEF INFORMATION OFFICER): $557,283 total reported compensation
- FRED D ABAJELO (SR. FINANCIAL ADVISOR): $557,045 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide exceptional financial services and support to our members and communities.
What it reported doing in 2024
Technology credit union private banking is a personalized service program designed specifically for their most financially successful members. Private banking members are assigned to a private banking manager, an experienced credit union professional, who serves as personal resource and point of contact for all their financial services needs. The private banking managers provide personal, responsive, professional, and friendly service while ensuring the security and confidentiality of every financial transaction. They also act as liaisons, connecting their members with the best financial experts in investing, real estate lending and consumer lending. In addition, private banking members are entitled to a wealth of benefits including estate planning and trust services at a specially discounted rate, tax planning and preparation, loan rate discounts and priority processing of all loans, special private banking seminars and events, exclusive private banking newsletter, and preferred rate membership to the silicon valley capital club. Technology credit union has also moved from cetera to lpl financial services to provide better investment options for its members.
Operating model
- Revenue model
- Earned-program. 78% 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: 76
- Accountability: 95
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 39th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.4%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 19.99; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 3.6%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 12% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 67th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $1M · 37 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.5M reported
- Consistency: 10 of 10 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 46 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.