Safe 1 Credit Union
Bakersfield, CA · EIN 95-1812302 · Public and societal benefit · Rank 8,450 by total revenue
Provided deposit and loan accounts to 81,521 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs.
Money, Form 990 for tax year 2024
- Total revenue
- $58,951,487
- Total expenses
- $45,235,986
- Total assets
- $1,001,281,015
- Salary base (all salaries and wages)
- $13,009,473
- Salaries, other pay and benefits
- $13,009,473
- Employees
- 152
- Salary base per employee
- $85,589
"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 (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| David King | CEO/President | Officer | 40 | $649,537 |
| Cindy Wonderly | CFO/EVP-Finance | Officer | 40 | $314,823 |
| Richard Ruiz | Vice Chair | Board | 2 | $2,314 |
| Brian Driesen | Treasurer | Board | 2 | $2,179 |
| Tracy Chitwood | Board Member | Board | 2 | $1,743 |
| Serene Storslett | SC Chair | Board | 1 | $1,085 |
| Mike Reed | Board Member | Board | 2 | $849 |
| Ray Voight | Board Member | Board | 2 | None reported |
| Ron Wolfe | Board Member | Board | 2 | None reported |
| Maureen Buscher-Dang | Board Member | Board | 2 | None reported |
| Dawn Cole | Chairman | Board | 2 | None reported |
| Michael Bennett | Secretary | Board | 2 | None reported |
| Woody Morrison | Board Member | Board | 2 | None reported |
| Vernon Powers | Board Member | Board | 2 | None reported |
| Robert Dickson | SC Member | Board | 1 | None reported |
| Doug Kileen | SC Member | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $2,687,707, which is 20.7% of the $13,009,473 salary base shared by 152 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| David King | CEO/President | Officer | 40 | $360,892 | $0 | $288,645 | $649,537 |
| Cindy Wonderly | CFO/EVP-Finance | Officer | 40 | $255,100 | $0 | $59,723 | $314,823 |
| Lorraine Townsend | EVP-Operations | 40 | $243,450 | $0 | $32,648 | $276,098 | |
| Michael George | EVP-Marketing | 40 | $218,364 | $0 | $56,784 | $275,148 | |
| Timothy Spencer | EVP-Lending | 40 | $234,274 | $0 | $31,914 | $266,188 | |
| Mary Higgins | VP Compliance | 40 | $149,575 | $0 | $39,626 | $189,201 | |
| Jeff Simpson | VP Finance | 40 | $138,790 | $0 | $45,057 | $183,847 | |
| Carol Dobbs | EVP Risk | 40 | $156,225 | $0 | $25,670 | $181,895 | |
| Chris Hanson | VP IT | 40 | $165,946 | $0 | $13,276 | $179,222 | |
| Micaela Venegas | IT Supervisor | 40 | $147,404 | $0 | $24,344 | $171,748 |
Sources
- IRS e-file return 202543519349301634 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 95-1812302
- Organization website (as filed): safe1.org