USC Credit Union
Nonprofit profile at a glance
- EIN
- 954110181
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, United States
- Phone
- 1-877-670-5860
- Rating confidence
- Limited
Reported finances
- Revenue
- $37,287,033
- Expenses
- $32,919,788
- Assets
- $704,480,994
- Liabilities
- $656,142,710
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- GARY PEREZ (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- GARY PEREZ (CHIEF EXECUTIVE OFFICER): $498,256 total reported compensation
- MICHAEL ROGERS (CHIEF FINANCIAL OFFICER): $266,256 total reported compensation
- DAVID SCHAUER-WEST - CHIEF (INFORMATION OFFICER (LEFT 12/24)): $262,407 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide affordable products and services, financial guidance, and the resources to support our communities’ economic well-being and generational wealth building.
What it reported doing in 2024
Usc credit union is a not-for-profit cooperative founded to fuel members' financial dreams and enhance the quality of life in the communities we serve. Our mission is to provide affordable products and services, financial guidance, and the resources to support our communities' economic well-being and generational wealth building.in fiscal 2024, our social impact department accomplished the following. - 3000+ participated in financial education workshops, online classes, and financial coaching sessions - 50+ collaborative partnerships bringing financial wellness programming, events, and access to beneficial financial services and products to the communities we serve - 1,600+ growth in community memberships, bringing access to affordable and wealth-building products and services directly to families - $16,000+ in community sponsorships supporting meaningful purpose-driven organizationsas of june 30, 2024, we provided financial services for 80,237 members.
Operating model
- Revenue model
- Earned-program. 87% 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: 72
- Accountability: 95
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 4th 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: 73.3%; rating input score 73; 15th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.7%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 21.4; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 79; 79th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $498K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $13.5M reported
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 5 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.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 8/100.