Fiscal year ending 2017. Filed on February 19, 2018.
7800 East Imperial Highway
Downey, California 90242
Financial Benefits Credit Union (EIN: 94-0790807) has filed an IRS Form 990 from fiscal year 2016–2017. In its fiscal year 2017 IRS Form 990 filing, Financial Benefits Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 1 out of 5 total employees. Among the employees shown here, the average compensation is $141,150. The highest compensated employee at Financial Benefits Credit Union is John R Schaffner with fiscal year 2017 compensation of $141,150.
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Employee compensation
FINANCIAL BENEFITS 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, FINANCIAL BENEFITS 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 UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
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