First Entertainment Credit Union
FIRST ENTERTAINMENT CREDIT UNION IS 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, FIRST ENTERTAINMENT CREDIT UNION CONDUCTS ITS 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.
Key facts about First Entertainment Credit Union
- EIN
- 95-2513485
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $2,105,153,292
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with First Entertainment Credit Union
- How to evaluate First Entertainment Credit Union as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to First Entertainment Credit Union with AI
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1B
-4.7% YoY
Revenue
$109.2M
+8.9% YoY
Net Investment Income
$12.4M
-7.3% YoY
Expenses
$102.8M
+17.2% YoY
About First Entertainment Credit Union
Based on IRS filings
First Entertainment Credit Union is a nonprofit organization, based in Hollywood, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1B in total assets. Net investment income was $12.4M.
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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 | $2,105,153,292 | $2,209,711,281 | $2,110,364,195 |
| Revenue | $109,183,254 | $100,298,881 | $79,392,811 |
| Expenses | $102,752,796 | $87,655,388 | $61,630,121 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,387,056 | $13,369,422 | $10,311,587 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patrick Walters | Board Chair | 1 | — |
| Stephen Raynes | Board Vice-Chair | 1 | — |
| Laura Valan | Secretary | 1 | — |
| Irwin Jacobson | Treasurer | 1 | — |
| Howard Welinsky | Board Member | 1 | — |
| Elena Campbell-Martinez | Board Member | 1 | — |
| Sakae Manning | Board Member | 1 | — |
| Jeff Mirkin | Board Member | 1 | — |
| Michael Edwards | Board Member | 1 | — |
| Ted Schilowitz | Board Member | 1 | — |
| James Herr | Board Member | 1 | — |
| Stephen Owen | President/CEO | 40 | $885,785 |
| Kenneth Kramer Former | SVP/CFO | 40 | $494,996 |
| Jonathan Partridge | EVP/Chief Strategy Officer | 40 | $427,676 |
| Jennifer Jordan Former | SVP/Chief Risk Officer | 40 | $407,895 |
| Adriana Allison | SVP/Chief Experience Officer | 40 | $362,691 |
| Janet Kwon-Gaspard | SVP/Chief People Officer | 40 | $332,719 |
| Jeffrey J Platt | SVP/Chief Information Officer | 40 | $269,098 |
| Molly Holcomb Former | SVP/Chief Marketing Officer | 40 | $199,767 |
| Shannon Leitch | VP Commercial & Real Estate Lending | 40 | $278,875 |
| Lisa Rauda-Cook | VP Member Experience | 40 | $269,833 |
| Daniel Arita | VP Strategy | 40 | $261,105 |
| Irina Abramova | VP Information Technology | 40 | $244,932 |
| Paul Partida | VP Engineering | 40 | $234,607 |
Frequently Asked Questions
How large is First Entertainment Credit Union?
As of 2024, First Entertainment Credit Union holds $2.1B in total assets with $109.2M in annual revenue.
Where does First Entertainment Credit Union operate?
First Entertainment Credit Union has awarded grants in California.
What is First Entertainment Credit Union's EIN?
First Entertainment Credit Union's EIN (Employer Identification Number) is 95-2513485. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Entertainment Credit Union's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.