Program areas at PPCU
Pacific Postal Credit Union provides consumer financial services to individuals that reside in santa clara county, California. The Credit Union provides a vast array of loan products to members at competitive market rates and lower than market fees. During 2023 the Credit Union provided a total of $41 million in member and participation loan dollars.
Pacific Postal Credit Union's capital percentage at december 31, 2023 was 16.88%. This is greater than two times the industry requirement.
Pacific Postal Credit Union provides depository services to its members. During 2023, members had a total of $202 million member share deposits at december 31, 2023.
Personnel at PPCU
| Name | Title | Compensation | Date of data |
|---|
| Fardad Khosravi | President and Chief Executive Officer | $332,884 | 2023-12-31 |
| Paul Lindsley | Chief Financial Officer | $160,272 | 2024-05-14 |
| Cyndee Lemon | Operations Manager | $129,675 | 2023-12-31 |
| Elsa Pham | Marketing Manager | $128,530 | 2023-12-31 |
| David Clark | It Manager | $140,664 | 2023-12-31 |
| ...and 6 more key personnel |
Financials for PPCU
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $6,278,499 | $5,563,409 | 12.9% |
| Investment income and dividends | $4,237,695 | $2,070,487 | 104.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $10,516,194 | $7,633,896 | 37.8% |
Organizations like PPCU
| Organization | Type | Location | Revenue |
|---|
| Excite Credit Union | 501(c)(14) | San Jose, CA | $32,546,340 |
| Commonwealth Central Credit Union | 501(c)(14) | San Jose, CA | $26,354,115 |
| First US Community Credit Union | 501(c)(14) | Sacramento, CA | $17,991,070 |
| South Bay Credit Union | 501(c)(14) | Redondo Beach, CA | $6,174,148 |
| Alta Vista Credit Union | 501(c)(14) | Redlands, CA | $9,891,431 |
| First City Credit Union | 501(c)(14) | Altadena, CA | $29,074,210 |
| Monterey Credit Union | 501(c)(14) | Monterey, CA | $12,967,037 |
| Credit Unions in the State of California Pacific Community Credit Union | 501(c)(14) | Fullerton, CA | $8,621,474 |
| Ilwu Credit Union | 501(c)(14) | Long Beach, CA | $16,210,365 |
| Nikkei Credit Union | 501(c)(14) | Gardena, CA | $2,876,355 |
Data update history
July 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 1040 Leigh Ave
- San Jose, CA 95126
- Metro area
- San Jose-Sunnyvale-Santa Clara, CA
- County
- Santa Clara County, CA
- Website URL
- ppcu.org/
- Phone
- (800) 696-6009
IRS details
- EIN
- 94-0760540
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1931
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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