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.
American First Credit Union at a glance
In short: American First Credit Union gave $35K across 3 grants in 2025 (avg $12K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $35,000
- +55.6% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $11,667
- +55.6% vs 2024
- Median grant
- $12,500
- Total assets
- $1,240,869,363
- +23.9% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who American First Credit Union funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was FMBC Helping Hands Community Services ($13K). Together the top 3 received $35K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $8K (2021) to $42K (2022). In 2025 it made 3 grants totaling $35K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| 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. | $12,500 |
| Boys & Girls Club of Fullerton Fullerton, CA | To help all young people reach their full potential as productive, caring, responsible citizens. | $12,500 |
| Farr's Best North Hollywood, CA | To help serve and empower minority youth from underserved communities to improve their lives through employment and business leadership. | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,240,869,363 | $62,518,082 | $57,711,196 | $35,000 | 3 | $5,058,987 |
| 2024 | $1,001,654,896 | $54,783,936 | $52,857,171 | $22,500 | 3 | $6,343,331 |
| 2023 | $1,000,374,146 | $50,130,393 | $47,320,136 | $31,862 | Total only | $4,328,810 |
| 2022 | $978,621,575 | $38,362,006 | $31,819,977 | $42,375 | Total only | $1,759,770 |
| 2021 | $842,360,435 | $36,268,439 | $28,075,649 | $7,876 | Total only | $3,231,433 |
| 2020 | $817,836,025 | $37,159,710 | $33,585,267 | $15,676 | Total only | $4,557,995 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About American First Credit Union
Based on IRS filings
American First Credit Union is a public charity, based in Brea, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2B in total assets. In 2025, it awarded 3 grants totaling $35K. Net investment income was $5.1M.
Leadership & Key People
Officers and directors from IRS filings
American First Credit Union is led by Jon Shigematsu, CEO & President on every filing since 2020; 12 of 23 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jon Shigematsu
CEO & President
On filings since 2020
40 hrs/week
$488K (2020) → $648K (2025)
Gizi Clemmer
Supv Cmte Chairperson
Supv Cmte Member → Supv Cmte Chairperson, 2021
On filings since 2020
1 hr/week
No compensation reported
Tom Cook
Chairperson
Chairman → Chairperson, 2024
On filings since 2020
1 hr/week
No compensation reported
Jason Philibert
Board Treasurer
Treasurer → Board Treasurer, 2022
On filings since 2020
1 hr/week
$298 (2023) → $889 (2025)
Paul Welch
Senior Vice President of Risk Management
Senior Vice President Risk Management → Senior Vice President of Risk Management, 2021
On filings since 2020
40 hrs/week
$217K (2020) → $277K (2025)
Robert Farrington
Senior Vice President Commercial Real Estate
Senior Vice President Commercial Real Estate → Senior Vice President Commercial Real Esta, 2023
Senior Vice President Commercial Real Esta → Senior Vice President Commercial Real Estate, 2025
On filings since 2020
40 hrs/week
$244K (2020) → $309K (2025)
Theresa Davy
COO
On filings since 2020
40 hrs/week
$282K (2020) → $335K (2025)
Victor Gallego
Commercial Re Loan Officer
On filings since 2020
40 hrs/week
$205K (2020) → $265K (2025)
Jeremy Jorgensen
Commercial Re Loan Officer
On filings since 2021
40 hrs/week
$260K (2021) → $240K (2025)
Frank Borawski
CFO
On filings since 2022
40 hrs/week
$87K (2022) → $313K (2025)
Michael Pepin
Vice President Delivery & Technology
On filings since 2023
40 hrs/week
$165K (2023) → $180K (2025)
Michael Williams
Vice President of Consumer Lending
On filings since 2023
40 hrs/week
$204K (2023) → $250K (2025)
William Huff
Supv Delivery, Tech Ops & Development
Supervisor Delivery & Technology Operations → Supv Delivery, Tech Ops & Development, 2025
On filings since 2024
40 hrs/week
$160K (2024) → $167K (2025)
Francisco Casas
Senior Loss Mit Recovery Officer
New on the 2025 filing
40 hrs/week
$191K (2025)
Amanda Secola
Board Secretary
On filings since 2020
1 hr/week
No compensation reported
David Weed
Board Member
Supv Cmte Vice Chairperson → Supv Cmte Member, 2024
Supv Cmte Member → Board Member, 2025
On filings since 2020
1 hr/week
No compensation reported
Dolores Medina
Supv Cmte Vice Chair
Supv Cmte Member → Supv Cmte Vice Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Donna Brooks
Board Member
Board Member → Director, 2021
Director → Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Eric Ledesma
Vice Chairperson
Director → Board Member, 2024
Board Member → Vice Chairperson, 2025
On filings since 2020
1 hr/week
No compensation reported
James Habben
Supv Cmte Secretary
Supv Cmte Member → Supv Cmte Secretary, 2025
On filings since 2020
1 hr/week
No compensation reported
Robert Warkenton
Supv Cmte Member
Supv Cmte Chairperson → Supv Cmte Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Andrei Roudenko
Supv Cmte Member
New on the 2025 filing
1 hr/week
No compensation reported
David De Leon
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (12)
- Former: Patti Malott (2020–2024) — Board Member
- Former: Roger Vander Wende (2020–2024) — Vice Chairperson
- Former: Ruby Huggler (2024) — Director Project Management
- Former: Cari Medina (2021–2023) — Supv Cmte Member
- Former: Carlos Ramirez (2023) — Assistant Vice President Real Estate
- Former: Dwight McDaniel (2023) — Business Development
- Former: Constance Kelly (2021–2022) — Senior Commercial Re Loan Officer
- Former: Julie M. Given-Glance Former (2022) — CFO
- Former: Teanna Donovan (2022) — Senior Commercial Re Loan Officer
- Former: Julie M. Given-Glance (2020–2021) — CFO
- Former: Arturo Garcia (2020) — Real Estate Loan Consultant
- Former: John Martinez (2020) — Real Estate Loan Consultant
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $648K, to Jon Shigematsu (CEO/President). 12 officers or directors reported compensation on that filing.
Frequently asked questions about American First Credit Union
How much does American First Credit Union give each year?
American First Credit Union gave $35K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $23K across 3 grants.
What is American First Credit Union's typical grant size?
American First Credit Union's median grant in 2025 was $12,500, and its average grant was $11,667, across 3 grants on its 2025 IRS Form 990.
Where does American First Credit Union give grants?
American First Credit Union gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does American First Credit Union give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on American First Credit Union's 2025 IRS Form 990 were described as general or operating support.
How large is American First Credit Union?
American First Credit Union reported $1.2B in total assets on its 2025 IRS Form 990. Its revenue that year was $62.5M.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS July 28, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in American First Credit Union's focus areas in our free grants database
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