SANTA CRUZ COMMUNITY CREDIT UNION | CREDIT UNIONS IN THE STATE OF CALIFORNIA

SANTA MARIA, CA | Santa Barbara County
Economic Development

Overview

SANTA CRUZ COMMUNITY CREDIT UNION | CREDIT UNIONS IN THE STATE OF CALIFORNIA
94-2407726
2605 S MILLER ST STE 107
SANTA MARIA, CA 93455
Santa Barbara County
(831) 425-7708

Mission Statement info

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

Founded info
1977
Total Employees info
64
Total Volunteers info
10
CRA Category info
  • Economic Development
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
922
Endowment fund or financial services
921
Loans or credit reporting
279
Other services or benefits to members or employees
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$565,000
CDFI Financial Assistance
2018
$700,000
CDFI Financial Assistance
2017
$686,500
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$13.3M
Revenue
$8M
Assets
$121.5M
Exempt Ruling Date info
1961-09
Deductibility Status info
Not Deductible
Tax Filing Year info
2018
Organization Type info
Association
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Subordinate Organization
States Where Tax Return is Filed info
CA
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
2605 S MILLER ST STE 107
SANTA MARIA, CA 93455
Santa Barbara County
FIPS Geocoded Address info
42200
MSA/CBSA info
06
State info
083
County info
0020.07
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Santa Maria-Santa Barbara, CA
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 43.54%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0020.07 Santa Barbara County
Population
Total Population 10,131 444,829
Total Households 3,717 145,856
Income
Median Family Income (Census*) $81,762 $74,624
Median Family Income (2019 FFIEC) $79,300 N/A
Tract Income Percentage 109.27% N/A
Below Poverty Level 6.2% 13.5%
Unemployment Level 4.8% 5.8%
Housing
Total Housing Units 3,953 157,161
Total Owner-Occupied Units 66.1% 52.1%
Total Renter-Occupied Units 27.9% 47.9%
Total Vacant Units 6.0% 3.4%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Annie Song
CFO
(831) 425-7708
Principal Officer info
Elizabeth Carr
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.