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Credit Unions in the State of California

501(c)
DBA: % SOUTH BAY CREDIT UNION
Research & Policy · REDONDO BEACH, CA · EIN 95-1914215

About

See schedule osouth BAY credit union is 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, south BAY 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 being distributed to its members as patrons.

In care of South BAY Credit Union

Donations are NOT tax-deductible
Category
Research & Policy
Employees
25
Volunteers
12

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.9M
Expenses
$9.7M
Assets
$158.0M
Liabilities
$144.7M

Financial history

$9.7M$4.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $8.9M · Avg: $6.3M
CREDIT UNIONS IN THE STATE OF CALIFORNIA
Your actions

Address

312 N Pacific Coast HWY
Redondo Beach, CA, 90277-283

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.