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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 Schools Financial Credit Union

Schools Financial Credit Union

Fiscal year ending 2019. Filed on November 3, 2020.

1485 Response Road No 126
Sacramento, California 95815

Schools Financial Credit Union (EIN: 94-1189841) has filed an IRS Form 990 from fiscal year 2016–2019. In its fiscal year 2019 IRS Form 990 filing, Schools Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 390 total employees. Among the employees shown here, the average compensation is $406,205. The highest compensated employee at Schools Financial Credit Union is Timothy Marriott with fiscal year 2019 compensation of $1,675,200.

Revenue, expenses, and employee compensation

Revenue

$101,261,825

Expenses

$69,254,863

Employee compensation

$27,295,989
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy Marriott
President and Chief Executive Officer
$1,675,200
$826,080 No related comp$849,120
Todd Devoogd
Senior Vice President and Chief Financial Officer
$314,809
$279,664 No related comp$35,145
Steve Langley
Senior Vice President Member Services/Chief Retail Officer
$280,380
$248,270 No related comp$32,110
Tom Kuang
Senior Vice President Information Services/Cio
$264,873
$232,551 No related comp$32,322
Jason Stiles
Vice President, Real Estate Lending
$240,005
$210,630 No related comp$29,375
Lisa MacKay
Vice President Human Resources and COM
$230,568
$208,652 No related comp$21,916
Cathy Grimes
Vice President, Marketing
$224,586
$202,192 No related comp$22,394
Erik Sordahl
Vice President, Consumer Lending
$220,878
$200,491 No related comp$20,387
Erin Fritz
Vice President Payment Systems
$204,549
$177,352 No related comp$27,197

Benchmark Employee Compensation

Non-Employee Board Members

Greg Smith
Director Through 9/19
$2,338
$2,338 No related compNo other comp
Emilio Martinez
Director
No compensation reported
Marie B Smith
Chair
No compensation reported
Luther Nolen
Director
No compensation reported
Douglas Sato
Treasurer
No compensation reported
Teresa Matista
Vice Chair
No compensation reported
Dolores Bleekman
Secretary
No compensation reported

Contractors

Diebold Inc.
ATM Servicing
$487,965
Styskal Wiese & Melchione LLP
Attorneys
$300,083
Dfs Document Fulfillment Services
Statement and Tax Form Printing
$268,214
Clear Channel Outdoor
Advertising
$209,689
Absolute Adjustment Service Inc.
Collection
$179,032

Mission Statement

TO PROMOTE THRIFT AND SAVINGS AMONG MEMBERS, TO CREATE A SOURCE OF CREDIT FOR MEMBERS AT INTEREST RATES SET BY THE BOARD OF DIRECTORS, AND TO PROVIDE MEMBERS WITH AN OPPORTUNITY TO USE AND CONTROL THEIR MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.

Revisions to this organization profile

November 3, 2020:
2019 Schools Financial Credit Union 990 filed
November 9, 2019:
2018 Schools Financial Credit Union 990 filed
November 13, 2018:
2017 Schools Financial Credit Union 990 filed

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