Monterra Credit Union
Redwood City, CA · EIN 94-1231186 · Public and societal benefit · Rank 5,654 by total revenue
Provide a range of financial products and services to improve the financial lives of our members.
Money, Form 990 for tax year 2024
- Total revenue
- $94,782,581
- Total expenses
- $75,381,520
- Total assets
- $1,763,442,270
- Salary base (all salaries and wages)
- $22,922,052
- Salaries, other pay and benefits
- $28,472,632
- Employees
- 249
- Salary base per employee
- $92,056
"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 (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Wade Painter | CEO/PRESIDENT | Officer | 40 | $872,583 |
| David Diamond | VP, CHIEF FINANCIAL OFFICER | Officer | 40 | $403,743 |
| Steve Divney | BOARD DIRECTOR | Board, Officer | 1 | None reported |
| John Beiers | BOARD CHAIR | Board, Officer | 1 | None reported |
| Kate Harr | BOARD VICE CHAIR | Board, Officer | 1 | None reported |
| Magda Gonzalez | BOARD SECRETARY | Board, Officer | 1 | None reported |
| Valerie Alsip | EVP/COO | Key employee | 40 | $448,767 |
| Patricia Ellingson | EVP, CHIEF LENDING OFFICER | Key employee | 40 | $363,993 |
| Rebecca Nixon | SVP, CHIEF PEOPLE OFFICER | Key employee | 40 | $323,728 |
| William Andrews | VP INFORMATION SERVICES | Key employee | 40 | $288,820 |
| Richard Kinzie | VP RISK & COMPLIANCE | Key employee | 40 | $249,369 |
| Ignasio Medrano | VP DIGITAL SERVICES | Key employee | 40 | $248,814 |
| Suzanne Knowlton | VP MARKETING & COMMUNITY RELATIONS | Key employee | 40 | $245,047 |
| Cheryl Rayo | VP REAL ESTATE LENDING | Key employee | 40 | $244,826 |
| Doreen Szymankski | VP MEMBER EXPERIENCE | Key employee | 40 | $243,410 |
| Robert Carter | VP ADMINISTRATIVE SERVICES | Key employee | 40 | $221,848 |
| Dani Robinson | VP CREDIT RISK | Key employee | 40 | $207,419 |
| Michael Claire | BOARD DIRECTOR | Board | 1 | None reported |
| Paul Okada | BOARD DIRECTOR | Board | 1 | None reported |
| Brian Ponty | BOARD TREASURER | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,867,680, which is 16.9% of the $22,922,052 salary base shared by 249 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Wade Painter | CEO/PRESIDENT | Officer | 40 | $835,111 | $0 | $37,472 | $872,583 |
| Valerie Alsip | EVP/COO | Key employee | 40 | $420,688 | $0 | $28,079 | $448,767 |
| David Diamond | VP, CHIEF FINANCIAL OFFICER | Officer | 40 | $366,095 | $0 | $37,648 | $403,743 |
| Patricia Ellingson | EVP, CHIEF LENDING OFFICER | Key employee | 40 | $323,933 | $0 | $40,060 | $363,993 |
| Anatoly Vilderman | EXECUTIVE WEALTH ADVISOR | Highly paid employee | 40 | $304,653 | $0 | $30,117 | $334,770 |
| Emilio Johansen | EXECUTIVE WEALTH ADVISOR | Highly paid employee | 40 | $278,899 | $0 | $54,194 | $333,093 |
| Rebecca Nixon | SVP, CHIEF PEOPLE OFFICER | Key employee | 40 | $272,768 | $0 | $50,960 | $323,728 |
| William Andrews | VP INFORMATION SERVICES | Key employee | 40 | $247,634 | $0 | $41,186 | $288,820 |
| Richard Kinzie | VP RISK & COMPLIANCE | Key employee | 40 | $210,854 | $0 | $38,515 | $249,369 |
| Ignasio Medrano | VP DIGITAL SERVICES | Key employee | 40 | $212,725 | $0 | $36,089 | $248,814 |
Sources
- IRS e-file return 202523149349306452 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 94-1231186
- Organization website (as filed): www.monterra.org