American First Credit Union
Brea, CA · EIN 33-0358683 · Rank 8,045 by total revenue
A cooperative, organized for the purpose of promoting thrift and savings among its members.
Money, Form 990 for tax year 2025
- Total revenue
- $62,518,082
- Total expenses
- $57,711,196
- Total assets
- $1,240,869,363
- Salary base (all salaries and wages)
- $11,855,039
- Salaries, other pay and benefits
- $14,810,549
- Employees
- 154
- Salary base per employee
- $76,981
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (18)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Jon Shigematsu | CEO/PRESIDENT | Officer | 40 | $712,288 |
| Theresa Davy | COO | Officer | 40 | $373,195 |
| Robert Farrington | SVP COMMERCIAL REAL ESTATE | Officer | 40 | $372,081 |
| Frank Borawski | CFO | Officer | 40 | $323,714 |
| Paul Welch | SVP OF RISK MANAGEMENT | Officer | 40 | $287,245 |
| Michael Williams | VP OF CONSUMER LENDING | Officer | 40 | $279,868 |
| Jason Philibert | BOARD TREASURER | Board | 1 | $889 |
| Tom Cook | CHAIRPERSON | Board | 1 | None reported |
| Eric Ledesma | VICE CHAIRPERSON | Board | 1 | None reported |
| Amanda Secola | BOARD SECRETARY | Board | 1 | None reported |
| David De Leon | BOARD MEMBER | Board | 1 | None reported |
| David Weed | BOARD MEMBER | Board | 1 | None reported |
| Donna Brooks | BOARD MEMBER | Board | 1 | None reported |
| Gizi Clemmer | SUPV CMTE CHAIRPERSON | Board | 1 | None reported |
| Dolores Medina | SUPV CMTE VICE CHAIR | Board | 1 | None reported |
| James Habben | SUPV CMTE SECRETARY | Board | 1 | None reported |
| Robert Warkenton | SUPV CMTE MEMBER | Board | 1 | None reported |
| Andrei Roudenko | SUPV CMTE MEMBER | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,335,675, which is 28.1% of the $11,855,039 salary base shared by 154 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jon Shigematsu | CEO/PRESIDENT | Officer | 40 | $648,264 | $0 | $64,024 | $712,288 |
| Theresa Davy | COO | Officer | 40 | $335,326 | $0 | $37,869 | $373,195 |
| Robert Farrington | SVP COMMERCIAL REAL ESTATE | Officer | 40 | $309,121 | $0 | $62,960 | $372,081 |
| Frank Borawski | CFO | Officer | 40 | $312,969 | $0 | $10,745 | $323,714 |
| Victor Gallego | COMMERCIAL RE LOAN OFFICER | Highly paid employee | 40 | $264,987 | $0 | $54,296 | $319,283 |
| Paul Welch | SVP OF RISK MANAGEMENT | Officer | 40 | $277,196 | $0 | $10,049 | $287,245 |
| Michael Williams | VP OF CONSUMER LENDING | Officer | 40 | $250,189 | $0 | $29,679 | $279,868 |
| Jeremy Jorgensen | COMMERCIAL RE LOAN OFFICER | Highly paid employee | 40 | $239,742 | $0 | $24,576 | $264,318 |
| Francisco Casas | SR LOSS MIT RECOVERY OFFICER | Highly paid employee | 40 | $191,308 | $0 | $14,657 | $205,965 |
| Michael Pepin | VP DELIVERY & TECHNOLOGY | Highly paid employee | 40 | $180,379 | $0 | $17,339 | $197,718 |
Sources
- IRS e-file return 202642099349300934 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 33-0358683
- Organization website (as filed): www.amerfirst.org