LBS Financial Credit Union
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.
Next steps with LBS Financial Credit Union
- How to evaluate LBS Financial Credit Union as a funder
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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.
Focus Areas
Ready to take the next step with LBS Financial Credit Union?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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 4 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S MIRACLE NETWORK Salt Lake City, UT | PROVIDE FINANCIAL SUPPORT FOR MEDICAL CARE FOR CHILDREN. | $9,500 |
| LONG BEACH CITY COLLEGE FOUNDATION Long Beach, CA | TO RAISE FUNDS TO SUPPORT THE COLLEGE'S OUTSTANDING AND EVOLVING LEARNING ENVIRONMENT. | $6,547 |
| CAL STATE UNIVERSITY LONG BEACH RESEARCH FOUNDATION Long Beach, CA | TO SUPPORT THE EDUCATIONAL MISSION OF CSULB BY ENGAGING IN RESEARCH, COMMUNITY SERVICE AND SPONSORED PROGRAMS. | $6,350 |
| ABC UNIFIED SCHOOL DISTRICT EDUCATION FOUNDATION Cerritos, CA | TO 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
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jay Camerino | Board Chair | 1 | — |
| Larry Natividad | Vice Chair | 1 | — |
| John Fylpaa | Secretary/Treasurer | 1 | — |
| Satinder Hawkins | Board Member | 1 | — |
| Pamela Seki | Board Member | 1 | — |
| Luther Williams | Board Member | 1 | — |
| Narin Khy-Ly | Board Member | 1 | — |
| David Conrad | Supv Cmte Chair | 1 | — |
| Mark Aldrich | Supv Cmte Member | 1 | — |
| Alan Ray | Supv Cmte Member | 1 | $1,857 |
| Sean Hardeman | President/CEO | 40 | $709,885 |
| Jeffrey Allen Napper | President/CEO | — | $165,021 |
| Susan Wight | S.V.P./CFO | 40 | $360,138 |
| Jeffrey William Niedenthal | S.V.P./Chief Experience & Engagement Officer | 40 | $301,674 |
| Thomas E Orman | S.V.P./Chief Lending Officer | 40 | $248,400 |
| Kevin Reed | S.V.P./Information Systems | 40 | $331,066 |
| Heather Summers | S.V.P./Marketing | 40 | $295,592 |
| Jill Marie Deniro | S.V.P./Human Resources | 40 | $269,847 |
| Christine Wu-Lin Bass | S.V.P./Member Services | 40 | $196,468 |
| Alfred Parent | V.P./Collections | 40 | $227,236 |
| Zung-Shang Liang | V.P./Internal Audit | 40 | $193,929 |
| Courtney Higuchi | V.P./Loan Administration | 40 | $161,022 |
| Alva Sargeant | V.P./Residential Lending | 40 | $158,808 |
| Thomas Christopher Doublet | Information Systems Support Manager | 40 | $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.