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Monterey Credit Union

501(c)
DBA: % JAMES E PENPRASE
Other · MONTEREY, CA · EIN 94-6198351

About

A financial cooperative, organized to provide a complete selection of financial products to our members, creating a source of credit at a rate of interest SET by the board of directors, and providing an opportunity for the members to use and control their money on a democratic basis in order to improve their economic and social conditions. As a cooperative, monterey credit union conducts its business for the mutual benefit of its members.

In care of James E Penprase

Donations are NOT tax-deductible
Category
Other
Employees
83
Volunteers
13

Financial Snapshot

FY ending 2023-12-31
Revenue
$13.4M
Expenses
$14.5M
Assets
$290.8M
Liabilities
$264.1M

Financial history

$14.5M$7.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $13.4M · Avg: $12.8M
MONTEREY CREDIT UNION
Your actions

Address

PO BOX 3288
Monterey, CA, 93942-328

Governance

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

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
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.