American First Credit Union
A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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, AMERICAN FIRST CREDIT UNION CONDUCTSITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0B
+0.1% YoY
Annual Giving
$23K
Grant Count
3
Avg Grant Size
$8K
About American First Credit Union
Based on IRS filings
American First Credit Union is a nonprofit organization, based in BREA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0B in total assets. In 2024, it awarded 3 grants totaling $23K. Net investment income was $6.3M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,001,654,896 | $1,000,374,146 | $978,621,575 |
| Revenue | $54,783,936 | $50,130,393 | $38,362,006 |
| Expenses | $52,857,171 | $47,320,136 | $31,819,977 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,343,331 | $4,328,810 | $1,759,770 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fmbc Helping Hands Community Services ($7,500), Farrs Best ($7,500), Boys & Girls Club ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| FMBC HELPING HANDS COMMUNITY SERVICES LOS ANGELES, CA | TO PROVIDE SUPPORT AND SERVICES TO INDIVIDUALS AND FAMILIES IN NEED, WITH A FOCUS ON ADDRESSING VARIOUS CHALLENGES LIKE DEVELOPMENTAL DISABILITIES, ADDICTION, AND HOMELESSNESS. | $7,500 |
| FARRS BEST BURBANK, CA | TO HELP SERVE AND EMPOWER MINORITY YOUTH FROM UNDERSERVED COMMUNITIES TO IMPROVE THEIR LIVES THROUGH EMPLOYMENT AND BUSINESS LEADERSHIP. | $7,500 |
| BOYS & GIRLS CLUB FULLERTON, CA | TO HELP ALL YOUNG PEOPLE REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOM COOK | CHAIRPERSON | 1 | — |
| ROGER VANDER WENDE | VICE CHAIRPERSON | 1 | — |
| JASON PHILIBERT | BOARD TREASURER | 1 | $1,307 |
| AMANDA SECOLA | BOARD SECRETARY | 1 | — |
| ERIC LEDESMA | BOARD MEMBER | 1 | — |
| PATTI MALOTT | BOARD MEMBER | 1 | — |
| DONNA BROOKS | BOARD MEMBER | 1 | — |
| GIZI CLEMMER | SUPV CMTE CHAIRPERSON | 1 | — |
| DAVID WEED | SUPV CMTE MEMBER | 1 | — |
| ROBERT WARKENTON | SUPV CMTE MEMBER | 1 | — |
| DOLORES MEDINA | SUPV CMTE MEMBER | 1 | — |
| JAMES HABBEN | SUPV CMTE MEMBER | 1 | — |
| JON SHIGEMATSU | CEO/PRESIDENT | 40 | $1,062,239 |
| FRANK BORAWSKI | CFO | 40 | $299,956 |
| THERESA DAVY | COO | 40 | $426,708 |
| PAUL WELCH | SVP OF RISK MANAGEMENT | 40 | $346,926 |
| ROBERT FARRINGTON | SR VP COMMERCIAL REAL ESTA | 40 | $297,108 |
| MICHAEL WILLIAMS | VP OF CONSUMER LENDING | 40 | $238,257 |
| JEREMY JORGENSEN | COMMERCIAL RE LOAN OFFICER | 40 | $256,181 |
| VICTOR GALLEGO | COMMERCIAL RE LOAN OFFICER | 40 | $189,784 |
| MICHAEL PEPIN | VP DELIVERY & TECHNOLOGY | 40 | $173,586 |
| WILLIAM HUFF | SUPERVISOR DELIVERY & TECHNOLOGY OPERATIONS | 40 | $160,117 |
| RUBY HUGGLER | DIRECTOR PROJECT MANAGEMENT | 40 | $160,081 |
Frequently Asked Questions
How large is American First Credit Union?
As of 2024, American First Credit Union holds $1.0B in total assets with $54.8M in annual revenue. It awarded 3 grants totaling $23K in 2024.
Where does American First Credit Union operate?
American First Credit Union has awarded grants in California.
What size grants does American First Credit Union award?
In 2024, American First Credit Union awarded 3 grants totaling $23K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is American First Credit Union's EIN?
American First Credit Union's EIN (Employer Identification Number) is 33-0358683. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in American First Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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