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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Lbs Financial Credit Union

Lbs Financial Credit Union

Fiscal year ending 2016. Filed on November 15, 2017.

5505 Garden Grove Blvd
Ste 332
Westminster, California 92683

Lbs Financial Credit Union (EIN: 95-1644568) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Lbs Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 300 total employees. Among the employees shown here, the average compensation is $257,501. The highest compensated employee at Lbs Financial Credit Union is Jeffrey Napper with fiscal year 2016 compensation of $830,614.

Revenue, expenses, and employee compensation

Revenue

$48,373,063

Expenses

$40,363,141

Employee compensation

$15,997,375
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey Napper
President and Chief Executive Officer
$830,614
$811,599 No related comp$19,015
Sean Hardeman
E.V.P/Clo
$331,529
$305,951 No related comp$25,578
Susan Wight
Senior Vice President and Chief Financial Officer
$236,627
$218,836 No related comp$17,791
Kevin Reed
S.V.P./Information Systems
$233,424
$207,955 No related comp$25,469
Diane Jarecki
Senior Vice President, Human Resources
$220,581
$207,988 No related comp$12,593
Heather Summers
Senior Vice President, Marketing
$205,704
$191,239 No related comp$14,465
Alfred Parent Jr
V.P/Collections
$177,810
$160,785 No related comp$17,025
Jeffrey William Niedenthal
S.V.P./ Member Services
$155,817
$141,865 No related comp$13,952
Elizabeth Conrado
V.P/Residential Lending
$149,838
$142,165 No related comp$7,673
Zung-Shang Liang
V.P./Internal Audit
$149,231
$125,274 No related comp$23,957
Elizabeth Peters
Senior Financial Analyst
$141,341
$127,042 No related comp$14,299

Benchmark Employee Compensation

Non-Employee Board Members

John Fylpaa
Secretary and Treasurer
$2,000
$2,000 No related compNo other comp
Gene Allen
Board Member
$1,995
$1,995 No related compNo other comp
Luther Williams
Vice Chair
$1,156
$1,156 No related compNo other comp
Russell Young
Supervisory Committee Member
$1,083
$1,083 No related compNo other comp
Lionel Gatley
Board Member
$709
$709 No related compNo other comp
Satinder Hawkins
Board Member
No compensation reported
Joseph Apfel
Supervisory Committee Member
No compensation reported
Jean Davis
Board Member
No compensation reported
Douglas Wood
Board Member
No compensation reported
David Conrad
Supervisory Committee Chair
No compensation reported
Eric David
Board Chair
No compensation reported
Pamela Fellman
Board Member
No compensation reported

Contractors

Prenovost Normandin Bergh & Dawe
Legal
$584,685
With Out Pink Slip
Repossession
$109,269

Mission Statement

LBS FINANCIAL 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, LBS FINANCIAL 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.

Revisions to this organization profile

November 15, 2025:
2024 Lbs Financial Credit Union 990 filed
November 15, 2024:
2023 Lbs Financial Credit Union 990 filed
November 8, 2023:
2022 Lbs Financial Credit Union 990 filed

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