Educational Employees Credit Union
eecu type: exa:search title: Educational Employees Credit Union - EECU type: exa:news title: Student Grant Program - EECU type: exa:news title: EECU Student Grant Program Application Period Now Open type: exa:news title: EECU Awards $100K in Grants to Help Students Reach Their Goals ... type: exa:news title: Credit Union Social Good type: exa:news title: Outreach Programs - EECU
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7B
+1.4% YoY
Annual Giving
$490K
-1.7% YoY
Grant Count
31
+3.3% YoY
Avg Grant Size
$16K
-4.8% YoY
Mission & Focus Areas
EECU's mission is to serve as a cooperative organized for the purpose of promoting thrift and savings among its members, creating a source of credit at rates of interest set by the board of directors, and providing an opportunity for members to use and control their own money on a democratic basis to improve their economic and social conditions.
The organization conducts its business for the mutual benefit and general welfare of its members, with earnings, savings, benefits, or services distributed to members as patrons. Primary program areas include:
- Deposit Products: High-yield checking accounts and premium-rate tiered savings products
- Consumer Lending: Vehicle loans, credit cards, and personal lines of credit
- Mortgage Services: First trust deeds, second trust deeds, and home equity lines of credit
- Financial Education: Free financial wellness education programs for people of all ages
- Community Support: Active involvement in community programs, organizations, and events
Grantmaking
EECU engages in grantmaking activities with a focus on education, philanthropy, voluntarism, and human services, primarily in California and Nevada.
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Geographic Focus
Where this funder awards grants
EECU's grantmaking focuses primarily on California and Nevada, with particular emphasis on the communities it serves in the San Joaquin Valley region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $4,711,208,087
- Total Revenue: $239,311,810
- Total Expenses: $176,440,535
- Net Assets/Fund Balances: $325,428,713 (as of 2022)
Employment:
- 552–662 employees (varying counts across sources)
- 17 volunteers
Governance:
- 9 voting members on governing body
- 9 independent voting members
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,711,208,087 | $4,647,760,922 | $4,593,284,886 |
| Revenue | $239,311,810 | $202,431,940 | $167,213,088 |
| Expenses | $176,440,535 | $138,316,226 | $122,071,053 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $60,156,001 | $50,512,529 | $42,446,933 |
| 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 10 recipients in 2024
Grant Size Distribution
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Pao Yang: President and CEO of The Fresno Center (referenced in connection with EECU partnership)
- Elizabeth Dooley: Officer (listed in regulatory filings)
- Beverly Ryan: Chief Financial Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER FRANZELL | CHAIR | 4 | $3,631 |
| ALI NEKUMANESH | VICE CHAIR | 4 | $1,284 |
| LISA CUTTS | TREASURER | 2 | $159 |
| MIKE SNELL | SECRETARY | 2 | $1,409 |
| DEREK SCHARTON | BOARD MEMBER | 2 | $2,548 |
| PHILIP NEUFELD | BOARD MEMBER | 2 | $339 |
| DAVE ROBERTS | BOARD MEMBER | 2 | $667 |
| BRAD STEVENS | BOARD MEMBER | 2 | $1,083 |
| DARCY WILLIAMS | BOARD MEMBER | 2 | $159 |
| THOMAS BORCHARDT | BOARD MEMBER (EMERITUS) | 2 | $159 |
| RICK BROWNING | BOARD MEMBER (EMERITUS) | 2 | $1,657 |
| BARBARA THOMAS | BOARD MEMBER (EMERITUS) | 2 | $159 |
| WILLIAM CLARK | SUPR CMTE CHAIR | 2 | $1,580 |
| NIKOLAUS DEJONG | SUPR CMTE SECRETARY | 2 | $2,221 |
| LAURIE MADDEN | SUPR CMTE MEMBER | 2 | $431 |
| KATHRYN ORTEGA-JONES | SUPR CMTE MEMBER | 2 | $159 |
| SAENG BUNSY | SUPR CMTE MEMBER | 2 | $159 |
| ELIZABETH DOOLEY | CEO | 60 | $1,130,767 |
| BEVERLY RYAN | CFO | 50 | $484,598 |
| MARK PEREZ | CLO | 50 | $469,895 |
| NATALIE TOMAJAN | COO | 40 | $290,501 |
| DICK ASHJIAN | SVP RISK MGMT | 50 | $416,518 |
| THOMAS GRAY | SVP HR & FACILITIES | 50 | $415,540 |
| BRADLEY TOWERS | FINANCIAL REP | 50 | $379,244 |
| ERIC HOVDA | SVP IT | 50 | $306,286 |
| ELENA MARTIN | CONTROLLER | 50 | $286,199 |
Recent News & Activity
Recent developments and announcements
In July 2025, The Fresno Center hosted a special recognition event honoring EECU's long-time commitment to providing financial services and education to area residents. The event highlighted the organization's collaboration in empowering individuals and fostering long-term community wellbeing through financial wellness initiatives.
The event included an award presentation, open house, and launch of EECU's Mobile Branch unit, which allows clients to access essential banking services directly in their neighborhoods.
EECU actively provides financial literacy courses and education to community members and staff, addressing gaps in understanding credit unions versus traditional banks and payday lending alternatives.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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