Latino Community Credit Union
Durham, NC · EIN 56-2180770 · Rank 6,351 by total revenue
Latino community credit union's (lccu) mission is to provide ethical financial products and education to empower communities.
Money, Form 990 for tax year 2024
- Total revenue
- $82,531,419
- Total expenses
- $70,582,981
- Total assets
- $1,053,161,674
- Salary base (all salaries and wages)
- $16,510,827
- Salaries, other pay and benefits
- $22,032,501
- Employees
- 405
- Salary base per employee
- $40,767
"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 (15)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Maria Victoria Garcia | CEO | Officer | 40 | $464,489 |
| Rodrigo Iniguez | CHIEF FINANCIAL OFFICER | Officer | 40 | $294,351 |
| Terry Phelps | CHIEF OPERATIONS OFFICER | Key employee | 40 | $258,701 |
| Irving Bustillo | CHIEF LENDING OFFICER | Key employee | 40 | $220,846 |
| Edgar Omar Lopez | CHIEF PEOPLE OFFICER | Key employee | 40 | $218,380 |
| Roger Montes | CHIEF RETAIL OFFICER | Key employee | 40 | $218,067 |
| Alison Yonas | CHIEF DEVELOPMENT & IMPACT | Key employee | 40 | $211,140 |
| Steve Herrell | CHIEF RISK OFFICER | Key employee | 40 | $210,660 |
| Maria Scanga | BOARD CHAIR | Board | 5 | None reported |
| David Brehmer | BOARD VICE CHAIR | Board | 5 | None reported |
| Farad Ali | BOARD SECRETARY | Board | 1 | None reported |
| Lorena Patterson | BOARD DIRECTOR | Board | 1 | None reported |
| Erika Bell | BOARD DIRECTOR | Board | 1 | None reported |
| Jerry Harmon | BOARD DIRECTOR | Board | 1 | None reported |
| Jorge Archila | BOARD TREASURER | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $2,451,711, which is 14.8% of the $16,510,827 salary base shared by 405 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Maria Victoria Garcia | CEO | Officer | 40 | $436,658 | $0 | $27,831 | $464,489 |
| Rodrigo Iniguez | CHIEF FINANCIAL OFFICER | Officer | 40 | $264,876 | $0 | $29,475 | $294,351 |
| Terry Phelps | CHIEF OPERATIONS OFFICER | Key employee | 40 | $248,078 | $0 | $10,623 | $258,701 |
| Irving Bustillo | CHIEF LENDING OFFICER | Key employee | 40 | $192,268 | $0 | $28,578 | $220,846 |
| Edgar Omar Lopez | CHIEF PEOPLE OFFICER | Key employee | 40 | $199,200 | $0 | $19,180 | $218,380 |
| Roger Montes | CHIEF RETAIL OFFICER | Key employee | 40 | $192,072 | $0 | $25,995 | $218,067 |
| Alison Yonas | CHIEF DEVELOPMENT & IMPACT | Key employee | 40 | $199,200 | $0 | $11,940 | $211,140 |
| Steve Herrell | CHIEF RISK OFFICER | Key employee | 40 | $198,290 | $0 | $12,370 | $210,660 |
| James Waddell | VP, INFORMATION TECHNOLOGY | Highly paid employee | 40 | $181,229 | $0 | $25,774 | $207,003 |
| Etna Claro | VP, FACILITIES | Highly paid employee | 40 | $127,375 | $0 | $20,699 | $148,074 |
Sources
- IRS e-file return 202533099349302793 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 56-2180770
- Organization website (as filed): www.latinoccu.org