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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 Water and Power Community Credit Union

Water and Power Community Credit Union

Fiscal year ending 2024. Filed on November 4, 2025.

1053 West Sunset Blvd
Los Angeles, California 90012

Water and Power Community Credit Union (EIN: 95-0952237) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Water and Power Community Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 134 total employees. Among the employees shown here, the average compensation is $267,252. The highest compensated employee at Water and Power Community Credit Union is Mike Tufegdzich with fiscal year 2024 compensation of $562,376.

Revenue, expenses, and employee compensation

Revenue

$47,148,530

Expenses

$45,891,011

Employee compensation

$15,223,355
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Tufegdzich
Chief Executive Officer
$562,376
$533,057 No related comp$29,319
Patrice Mustafa
COO Executive Vice President
$365,059
$327,268 No related comp$37,791
Felipe Castaneda
Chief Financial Officer
$359,837
$325,780 No related comp$34,057
David Covell
Chief Information Officer
$279,032
$235,095 No related comp$43,937
Luis Robles
Treasurer
$224,799
$199,157 No related comp$25,642
Kenneth Michael Grossman
Senior Manager Network Security
$214,495
$179,222 No related comp$35,273
Jessica Ortiz
Senior Director of Compliance
$212,324
$183,180 No related comp$29,144
Charles Jerome Woolen Former
Senior Manager People Operations
$192,459
$180,268 No related comp$12,191
Bruce Alan West Former
CPO
$188,007
$177,560 No related comp$10,447
Fadwa Knox
Director Lending
$185,355
$163,842 No related comp$21,513
Italo Alvarado
RE LOAN Officer
$156,031
$153,920 No related comp$2,111

Benchmark Employee Compensation

Non-Employee Board Members

Belinda Walker
Board Treasurer
Brian Lam
Board Second Vice Chair
Cynthia Meekins
Assistant Treasurer
Emmajacky Magarin
SUPV CMTE VICE Chairperson
Gerard Watson
Assistant Secretary
Gladys Berry
Board Secretary
Nora Yusa
Board Chair
Salvador Mancilla
SUPV CMTE Secretary
Theron Rucker
Supervisory Committee Chairperson
Venest Henry-Evans
Board First Vice Chair
Wing Wong
Supervisory Committee Member

Contractors

Jack Henry & Associates
Financial
$1,998,705
Advanced Network Inc.
Full-Services ATM Provider
$1,100,307
Cu Cooperative Systems LLC
Payment Processing
$895,123
Upstart Network Inc.
Cloud
$887,676
Alkami
Cloud
$756,105

Mission Statement

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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, WATER & POWER COMMUNITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Revisions to this organization profile

November 4, 2025:
2024 Water and Power Community Credit Union 990 filed
October 2, 2024:
2023 Water and Power Community Credit Union 990 filed
October 31, 2023:
2022 Water and Power Community Credit Union 990 filed

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