American First Credit Union

BREA, CA EIN: 33-0358683 Website

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

Total Assets

$1.0B

+0.1% YoY

Annual Giving

$23K

Grant Count

3

Avg Grant Size

$8K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$30M$45M$60M20202021202220232024
Metric202420232022
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

$0$6K$11K$17K$23K0 grants20200 grants20210 grants20220 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

FMBC HELPING HANDS COMMU…$8KFARRS BEST$8KBOYS & GIRLS CLUB$8K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JON SHIGEMATSUCEO/PRESIDENT$1.1MTHERESA DAVYCOO$427KPAUL WELCHSVP OF RISK MANAGEMENT$347KFRANK BORAWSKICFO$300KROBERT FARRINGTONSR VP COMMERCIAL REAL ESTA$297KJEREMY JORGENSENCOMMERCIAL RE LOAN OFFICER$256KMICHAEL WILLIAMSVP OF CONSUMER LENDING$238KVICTOR GALLEGOCOMMERCIAL RE LOAN OFFICER$190KMICHAEL PEPINVP DELIVERY & TECHNOLOGY$174KWILLIAM HUFFSUPERVISOR DELIVERY & TECHNO…$160KRUBY HUGGLERDIRECTOR PROJECT MANAGEMENT$160KJASON PHILIBERTBOARD TREASURER$1K

From 2024 filing

NameTitleHoursCompensation
TOM COOKCHAIRPERSON1
ROGER VANDER WENDEVICE CHAIRPERSON1
JASON PHILIBERTBOARD TREASURER1$1,307
AMANDA SECOLABOARD SECRETARY1
ERIC LEDESMABOARD MEMBER1
PATTI MALOTTBOARD MEMBER1
DONNA BROOKSBOARD MEMBER1
GIZI CLEMMERSUPV CMTE CHAIRPERSON1
DAVID WEEDSUPV CMTE MEMBER1
ROBERT WARKENTONSUPV CMTE MEMBER1
DOLORES MEDINASUPV CMTE MEMBER1
JAMES HABBENSUPV CMTE MEMBER1
JON SHIGEMATSUCEO/PRESIDENT40$1,062,239
FRANK BORAWSKICFO40$299,956
THERESA DAVYCOO40$426,708
PAUL WELCHSVP OF RISK MANAGEMENT40$346,926
ROBERT FARRINGTONSR VP COMMERCIAL REAL ESTA40$297,108
MICHAEL WILLIAMSVP OF CONSUMER LENDING40$238,257
JEREMY JORGENSENCOMMERCIAL RE LOAN OFFICER40$256,181
VICTOR GALLEGOCOMMERCIAL RE LOAN OFFICER40$189,784
MICHAEL PEPINVP DELIVERY & TECHNOLOGY40$173,586
WILLIAM HUFFSUPERVISOR DELIVERY & TECHNOLOGY OPERATIONS40$160,117
RUBY HUGGLERDIRECTOR PROJECT MANAGEMENT40$160,081

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

BurbankFullertonLos Angeles

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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