Monterra Credit Union
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Key facts about Monterra Credit Union
In short: Monterra Credit Union gave $74K across 8 grants in 2024 (avg $9K), mostly in California. Source: 2024 IRS Form 990.
- EIN
- 94-1231186
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $73,890
- Grants made (2024)
- 8
- Average grant
- $9,236
- Median grant
- $7,500
- Total assets
- $1,763,442,270
- Primary geography
- California (83% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$1.8B
+5.3% YoY
Annual Giving
$74K
+30.5% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$9K
+14.2% YoY
How Monterra Credit Union gives
- Giving grew 23% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Monterra Credit Union
Based on IRS filings
Monterra Credit Union is a public charity focused on public and societal benefit, based in Redwood City, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8B in total assets. In 2024, it awarded 8 grants totaling $74K. Net investment income was $11.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $57K (2023) to $140K (2022). In 2024 it made 8 grants totaling $74K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was San Mateo County Historical Association ($21K). Together the top 8 received $74K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 33 grants of 34 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| San Mateo County Historical Association Redwood City, CA | Educational Programming | $20,640 |
| Children's Miracle Network Hospitals Salt Lake City, UT | Fundraising Event | $12,500 |
| Chamber San Mateo County Redwood City, CA | Sponsorship | $8,000 |
| Redwood City Parks and Arts Foundation Redwood City, CA | Annual Giving | $8,000 |
| Samceda San Mateo, CA | Annual Giving | $7,000 |
| Redwood City Sequoia Awards Inc Redwood City, CA | Scholarships | $6,750 |
| Kainos Home & Training Center Redwood City, CA | Sponsorship | $5,500 |
| Hip Housing San Mateo, CA | Annual Giving | $5,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,763,442,270 | $1,674,734,928 | $1,661,497,926 |
| Revenue | $94,782,581 | $88,263,104 | $70,068,460 |
| Expenses | $75,381,520 | $63,730,186 | $51,836,419 |
| Net Investment Income | $11,877,920 | $18,012,611 | $8,905,205 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Monterra Credit Union is led by Wade Painter, CEO & President on every filing since 2020; 18 of 25 officers listed in 2024 are compensated.
Officers on the 2024 filing
Wade Painter
CEO & President
On filings since 2020
40 hrs/week
$690K (2020) → $835K (2024)
John Beiers
Board Chair
Secretary → Vice Chair, 2023
Vice Chair → Board Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Johnny Escalante
Director of Information Services
Is Manager → Director of Information Services, 2022
On filings since 2020
40 hrs/week
$133K (2020) → $185K (2024)
Janelle Eaton Escalante
Director of Employee Relations
On filings since 2021
40 hrs/week
$138K (2021) → $182K (2024)
Michael Claire
Board Director
Chair → Director, 2023
Director → Board Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Steve Divney
Board Director
Vice Chair → Chair, 2023
Chair → Board Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Paul Okada
Board Director
Director → Board Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Anatoly Vilderman
Executive Wealth Advisor
Wealth Advisor → Executive Wealth Advisor, 2022
On filings since 2020
40 hrs/week
$166K (2020) → $305K (2024)
Cheryl Rayo
Vice President Real Estate Lending
Assistant Vice President Real Estate → Vice President Real Estate Lending, 2022
On filings since 2020
40 hrs/week
$171K (2020) → $223K (2024)
Dani Robinson
Vice President Credit Risk
On filings since 2020
40 hrs/week
$157K (2020) → $182K (2024)
David Diamond
Vice President & Chief Financial Officer
Vice President & CFO → Vice President & Chief Financial Officer, 2022
On filings since 2020
40 hrs/week
$302K (2020) → $366K (2024)
Doreen Szymankski
Vice President Member Experience
On filings since 2020
40 hrs/week
$159K (2020) → $206K (2024)
Emilio Johansen
Executive Wealth Advisor
Wealth Advisor → Executive Wealth Advisor, 2022
On filings since 2020
40 hrs/week
$229K (2020) → $279K (2024)
Ignasio Medrano
Vice President Digital Services
On filings since 2020
40 hrs/week
$178K (2020) → $213K (2024)
Patricia Ellingson
Executive Vice President & Chief Lending Officer
Vice President Real Estate Lending → Senior Vice President & Chief Lending Officer, 2022
Senior Vice President & Chief Lending Officer → Executive Vice President & Chief Lending Officer, 2024
On filings since 2020
40 hrs/week
$254K (2020) → $324K (2024)
Rebecca Nixon
Senior Vice President & Chief People Officer
Vice President Hr → Vice President Employee Relations, 2022
Vice President Employee Relations → Senior Vice President & Chief People Officer, 2024
On filings since 2020
40 hrs/week
$182K (2020) → $273K (2024)
Richard Kinzie
Vice President Risk & Compliance
Vice President Risk → Vice President Risk & Compliance, 2022
On filings since 2020
40 hrs/week
$204K (2020) → $211K (2024)
Robert Carter
Vice President Administrative Services
On filings since 2020
40 hrs/week
$196K (2020) → $201K (2024)
Suzanne Knowlton
Vice President Marketing & Community Relations
Vice President Marketing → Vice President Marketing & Community Relations, 2022
On filings since 2020
40 hrs/week
$179K (2020) → $209K (2024)
Valerie Alsip
Executive Vice President & COO
On filings since 2020
40 hrs/week
$349K (2020) → $421K (2024)
William Andrews
Vice President Information Services
On filings since 2020
40 hrs/week
$180K (2020) → $248K (2024)
Yomi Anthonio
Sba Commercial Lending Officer
New on the 2024 filing
40 hrs/week
$210K (2024)
Brian Ponty
Board Treasurer
Chair → Director, 2022
Director → Board Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Kate Harr
Board Vice Chair
Treasurer → Secretary, 2023
Secretary → Board Vice Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Magda Gonzalez
Board Secretary
Director → Treasurer, 2023
Treasurer → Board Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (6)
- Former: Fangzhou Liu (2023) — Is Programming Lead
- Former: Janelle Eaton-Escalante (2023) — Director of Employee Relations
- Former: Donna Vaillancourt (2020–2022) — Director
- Former: Jon Galle (2020–2022) — Lead Enterprise Applications Analyst
- Former: Jennifer Wilkinson (2020–2021) — Senior Vice President & Clo
- Former: Silvio Gomez (2020–2021) — Real Estate Sales Manager
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $835K, to Wade Painter (CEO/President). 18 officers or directors reported compensation on that filing.
Frequently asked questions about Monterra Credit Union
How much does Monterra Credit Union give each year?
Monterra Credit Union gave $74K across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $57K across 7 grants.
What is Monterra Credit Union's typical grant size?
Monterra Credit Union's median grant in 2024 was $7,500, and its average grant was $9,236, across 8 grants on its 2024 IRS Form 990.
Where does Monterra Credit Union give grants?
Monterra Credit Union gives mostly in California: 83% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Utah (17%). The most frequent recipient cities were Redwood City, CA (5 grants) and San Mateo, CA (2 grants).
Does Monterra Credit Union give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Monterra Credit Union's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Annual Giving" (3 grants).
Who are Monterra Credit Union's largest grantees?
Monterra Credit Union's largest 2024 grantees include San Mateo County Historical Association ($20,640), Children's Miracle Network Hospitals ($12,500) and Chamber San Mateo County ($8,000), according to its 2024 IRS Form 990. Together they received 56% of its itemized 2024 grant dollars.
How large is Monterra Credit Union?
Monterra Credit Union reported $1.8B in total assets on its 2024 IRS Form 990. Its revenue that year was $94.8M.
What is Monterra Credit Union?
Monterra Credit Union is a public charity focused on public and societal benefit, based in Redwood City, CA. It holds $1.8B in total assets as of 2024.
What is Monterra Credit Union's EIN?
Monterra Credit Union's EIN (Employer Identification Number) is 94-1231186. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Monterra Credit Union by hand.
Explore Open Grants
Browse active grant opportunities in Monterra Credit Union's focus areas in our free grants database
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