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LBS Financial Credit Union

Foundation · Grantmaker Westminster, CA EIN: 95-1644568 Website

LBS FINANCIAL 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, LBS FINANCIAL 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 BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Key facts about LBS Financial Credit Union

EIN
95-1644568
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$27,997
Grants made (2024)
4
Average grant
$6,999
Median grant
$6,449
Total assets
$2,043,255,241
Primary geography
California (66% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who LBS Financial Credit Union funds

By grant dollars, the top recipient states for LBS Financial Credit Union's 4 itemized 2024 grants were California (66%) and Utah (34%). The most frequent recipient cities were Long Beach, CA (2 grants). None of its 4 grants with a stated purpose were described as general or operating support.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0B

+3.7% YoY

Annual Giving

$28K

+78.3% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$7K

-10.8% YoY

About LBS Financial Credit Union

Based on IRS filings

LBS Financial Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in Westminster, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0B in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $22.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 4 itemized 2024 grant dollars.

Cities

Long BeachSalt Lake CityCerritos

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25M$51M$76M$101M20202021202220232024
Metric202420232022
Total Assets$2,043,255,241$1,969,993,549$2,012,780,174
Revenue$91,952,473$79,427,970$64,266,960
Expenses$83,243,687$65,021,225$46,656,926
Qualifying Distributions———
Net Investment Income$22,790,410$15,476,361$9,006,684
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$15K$22K$29K1 grants20200 grants20212 grants20222 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Children's Miracle Network: $10KChildren's Miracle Network$10KLong Beach City College Foundation: $7KLong Beach City CollegeFoundation$7KCal State University Long Beach Research Foundation: $6KCal State University LongBeach Research Foundation$6KAbc Unified School District Education Foundation: $6KAbc Unified School DistrictEducation Foundation$6K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Children's Miracle Network ($9,500), Long Beach City College Foundation ($6,547), Cal State University Long Beach Research Foundation ($6,350).

RecipientPurposeAmount
CHILDREN'S MIRACLE NETWORK Salt Lake City, UTPROVIDE FINANCIAL SUPPORT FOR MEDICAL CARE FOR CHILDREN.$9,500
LONG BEACH CITY COLLEGE FOUNDATION Long Beach, CATO RAISE FUNDS TO SUPPORT THE COLLEGE'S OUTSTANDING AND EVOLVING LEARNING ENVIRONMENT.$6,547
CAL STATE UNIVERSITY LONG BEACH RESEARCH FOUNDATION Long Beach, CATO SUPPORT THE EDUCATIONAL MISSION OF CSULB BY ENGAGING IN RESEARCH, COMMUNITY SERVICE AND SPONSORED PROGRAMS.$6,350
ABC UNIFIED SCHOOL DISTRICT EDUCATION FOUNDATION Cerritos, CATO HELP PROVIDE HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR CHILDREN.$5,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Sean Hardeman — President/CEO: $710KSean HardemanPresident/CEO$710KSusan Wight — S.V.P./CFO: $360KSusan WightS.V.P./CFO$360KKevin Reed — S.V.P./Information Systems: $331KKevin ReedS.V.P./Information Systems$331KJeffrey William Niedenthal — S.V.P./Chief Experience & Engagement Officer: $302KJeffrey William…S.V.P./Chief Experience &…$302KHeather Summers — S.V.P./Marketing: $296KHeather SummersS.V.P./Marketing$296KJill Marie Deniro — S.V.P./Human Resources: $270KJill Marie DeniroS.V.P./Human Resources$270KThomas E Orman — S.V.P./Chief Lending Officer: $248KThomas E OrmanS.V.P./Chief Lending Officer$248KAlfred Parent — V.P./Collections: $227KAlfred ParentV.P./Collections$227KChristine Wu-Lin Bass — S.V.P./Member Services: $196KChristine Wu-Lin BassS.V.P./Member Services$196KZung-Shang Liang — V.P./Internal Audit: $194KZung-Shang LiangV.P./Internal Audit$194KJeffrey Allen Napper — President/CEO: $165KJeffrey Allen NapperPresident/CEO$165KCourtney Higuchi — V.P./Loan Administration: $161KCourtney HiguchiV.P./Loan Administration$161KAlva Sargeant — V.P./Residential Lending: $159KAlva SargeantV.P./Residential Lending$159KThomas Christopher Doublet — Information Systems Support Manager: $156KThomas Christopher…Information Systems Support…$156KAlan Ray — Supv Cmte Member: $2KAlan RaySupv Cmte Member$2K

From 2024 IRS filing

NameTitleHoursCompensation
Jay CamerinoBoard Chair1—
Larry NatividadVice Chair1—
John FylpaaSecretary/Treasurer1—
Satinder HawkinsBoard Member1—
Pamela SekiBoard Member1—
Luther WilliamsBoard Member1—
Narin Khy-LyBoard Member1—
David ConradSupv Cmte Chair1—
Mark AldrichSupv Cmte Member1—
Alan RaySupv Cmte Member1$1,857
Sean HardemanPresident/CEO40$709,885
Jeffrey Allen NapperPresident/CEO—$165,021
Susan WightS.V.P./CFO40$360,138
Jeffrey William NiedenthalS.V.P./Chief Experience & Engagement Officer40$301,674
Thomas E OrmanS.V.P./Chief Lending Officer40$248,400
Kevin ReedS.V.P./Information Systems40$331,066
Heather SummersS.V.P./Marketing40$295,592
Jill Marie DeniroS.V.P./Human Resources40$269,847
Christine Wu-Lin BassS.V.P./Member Services40$196,468
Alfred ParentV.P./Collections40$227,236
Zung-Shang LiangV.P./Internal Audit40$193,929
Courtney HiguchiV.P./Loan Administration40$161,022
Alva SargeantV.P./Residential Lending40$158,808
Thomas Christopher DoubletInformation Systems Support Manager40$156,063

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is LBS Financial Credit Union?

LBS Financial Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in Westminster, CA. It holds $2.0B in total assets as of 2024.

How large is LBS Financial Credit Union?

As of 2024, LBS Financial Credit Union holds $2.0B in total assets with $92.0M in annual revenue. It awarded 4 grants totaling $28K in 2024.

Where does LBS Financial Credit Union operate?

LBS Financial Credit Union has awarded grants in California, Utah.

What size grants does LBS Financial Credit Union award?

In 2024, LBS Financial Credit Union awarded 4 grants totaling $28K — an average of about $7K per grant, based on its IRS Form 990 filings.

What is LBS Financial Credit Union's EIN?

LBS Financial Credit Union's EIN (Employer Identification Number) is 95-1644568. IRS Form 990 filing data is available on this page for 2020–2024.

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

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