Members 1st 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, MEMBERS 1ST CREDIT UNIONCONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICESOF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$340.7M
+7.2% YoY
Annual Giving
$33K
Grant Count
3
Avg Grant Size
$11K
About Members 1st Credit Union
Based on IRS filings
Members 1st Credit Union is a nonprofit organization, based in REDDING, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $340.7M in total assets. In 2024, it awarded 3 grants totaling $33K. Net investment income was $2.6M.
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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 | $340,724,621 | $317,741,113 | $328,864,768 |
| Revenue | $17,076,694 | $14,755,196 | $12,578,808 |
| Expenses | $13,695,108 | $11,999,082 | $10,309,174 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,586,979 | $1,011,377 | $737,017 |
| 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 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Banzai ($14,790), Chico Area Recreation & Park District ($10,650), Shasta Regional Soccer Association ($7,150).
| Recipient | Purpose | Amount |
|---|---|---|
| BANZAI DENVER, CO | TO PROVIDE LOCAL SCHOOLS WITH THE RESOURCES THAT BANZAI OFFERS. THIS ASSISTS TEACHERS IN TEACHING FINANCIAL LITERACY TO THEIR STUDENTS. CURRENTLY, WE SERVE 12 SCHOOLS AND 45 TEACHERS IN OUR COMMUNITY. | $14,790 |
| CHICO AREA RECREATION & PARK DISTRICT CHICO, CA | TO HELP ENRICH THE COMMUNITY THROUGH DIVERSE RECREATIONAL OPPORTUNITIES. | $10,650 |
| SHASTA REGIONAL SOCCER ASSOCIATION REDDING, CA | TO ASSIST IN CONNECTING THE REDDING COMMUNITY, HELP ENRICH LIVES AND INSPIRE FAMILIES, THROUGH HIGH QUALITY EXPERIENCES. | $7,150 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH REED | BOARD CHAIR | 1 | — |
| SHARON O'QUIN | BOARD VICE CHAIR | 1 | — |
| KARINA LAPP | BOARD TREASURER & SECRETARY | 1 | — |
| AARON MOORE | BOARD MEMBER | 1 | — |
| GRIFFITH TONKIN | BOARD MEMBER | 1 | — |
| JASON MONTAGUE | BOARD MEMBER | 1 | — |
| RILEY BRESLIN | BOARD MEMBER | 1 | — |
| JAMES WILSON | BOARD MEMBER | 1 | — |
| ERIC WOODSTROM | BOARD MEMBER | 1 | — |
| BRYAN FRASER | SUPERVISORY COMMITTEE CHAIR | 1 | — |
| STEVE CLARK | SUPERVISORY COMMITTEE MEMBER | 1 | — |
| BLAKE WERNER | SUPERVISORY COMMITTEE MEMBER | 1 | — |
| AMANDA DEOCAMPO | SUPERVISORY COMMITTEE MEMBER | 1 | — |
| SCOTT BADGER | SUPERVISORY COMMITTEE MEMBER | 1 | — |
| CAROLINE REDMANN | CEO/PRESIDENT | 40 | $373,672 |
| DEAN BIRGE | CFO | 40 | $270,918 |
| AARON PITROFF | VP OF LENDING | 40 | $219,333 |
| NOEL STRATTON | VP OF IT | 40 | $216,016 |
| JOSHUA MARKLE | VP OF MARKETING/HR | 40 | $211,986 |
| MEGAN LITTLER | VP OF OPERATIIONS | 40 | $135,360 |
| MICHAEL HANICH | INDIRECT LOAN MANAGER | 40 | $124,385 |
| NICOLE EMBURY | REGIONAL MANAGER | 40 | $105,287 |
Frequently Asked Questions
How large is Members 1st Credit Union?
As of 2024, Members 1st Credit Union holds $340.7M in total assets with $17.1M in annual revenue. It awarded 3 grants totaling $33K in 2024.
Where does Members 1st Credit Union operate?
Members 1st Credit Union has awarded grants in California, Colorado.
What size grants does Members 1st Credit Union award?
In 2024, Members 1st Credit Union awarded 3 grants totaling $33K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is Members 1st Credit Union's EIN?
Members 1st Credit Union's EIN (Employer Identification Number) is 94-0362026. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Members 1st Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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