PASSIONATELY DELIVER RELEVANT PRODUCTS, SERVICES, AND EDUCATION TAILORED TO HELP OUR MEMBERS, EMPLOYEES, AND COMMUNITIES ACHIEVE THEIR FINANCIAL GOALS.
Financial Overview
From 2024 IRS Form 990-PF · 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
About Monterra Credit Union
Based on IRS filings
Monterra Credit Union is a nonprofit organization focused on Public, 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
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,877,920 | $18,012,611 | $8,905,205 |
| 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 8 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include San Mateo County Historical Association ($20,640), Children's Miracle Network Hospitals ($12,500), Chamber San Mateo County ($8,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE DIVNEY | BOARD DIRECTOR | 1 | — |
| JOHN BEIERS | BOARD CHAIR | 1 | — |
| KATE HARR | BOARD VICE CHAIR | 1 | — |
| MAGDA GONZALEZ | BOARD SECRETARY | 1 | — |
| MICHAEL CLAIRE | BOARD DIRECTOR | 1 | — |
| PAUL OKADA | BOARD DIRECTOR | 1 | — |
| BRIAN PONTY | BOARD TREASURER | 1 | — |
| WADE PAINTER | CEO/PRESIDENT | 40 | $835,111 |
| DAVID DIAMOND | VP, CHIEF FINANCIAL OFFICER | 40 | $366,095 |
| VALERIE ALSIP | EVP/COO | 40 | $420,688 |
| PATRICIA ELLINGSON | EVP, CHIEF LENDING OFFICER | 40 | $323,933 |
| REBECCA NIXON | SVP, CHIEF PEOPLE OFFICER | 40 | $272,768 |
| WILLIAM ANDREWS | VP INFORMATION SERVICES | 40 | $247,634 |
| DOREEN SZYMANKSKI | VP MEMBER EXPERIENCE | 40 | $205,956 |
| IGNASIO MEDRANO | VP DIGITAL SERVICES | 40 | $212,725 |
| ROBERT CARTER | VP ADMINISTRATIVE SERVICES | 40 | $200,629 |
| RICHARD KINZIE | VP RISK & COMPLIANCE | 40 | $210,854 |
| DANI ROBINSON | VP CREDIT RISK | 40 | $182,235 |
| SUZANNE KNOWLTON | VP MARKETING & COMMUNITY RELATIONS | 40 | $209,010 |
| CHERYL RAYO | VP REAL ESTATE LENDING | 40 | $222,647 |
| EMILIO JOHANSEN | EXECUTIVE WEALTH ADVISOR | 40 | $278,899 |
| ANATOLY VILDERMAN | EXECUTIVE WEALTH ADVISOR | 40 | $304,653 |
| JOHNNY ESCALANTE | DIRECTOR OF INFORMATION SERVICES | 40 | $185,273 |
| YOMI ANTHONIO | SBA COMMERCIAL LENDING OFFICER | 40 | $209,703 |
| JANELLE ESCALANTE | DIRECTOR OF EMPLOYEE RELATIONS | 40 | $181,974 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Monterra Credit Union?
Monterra Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in REDWOOD CITY, CA. It holds $1.8B in total assets as of 2024.
How large is Monterra Credit Union?
As of 2024, Monterra Credit Union holds $1.8B in total assets with $94.8M in annual revenue. It awarded 8 grants totaling $74K in 2024.
Where does Monterra Credit Union operate?
Monterra Credit Union has awarded grants in California, Utah, Wisconsin.
What size grants does Monterra Credit Union award?
In 2024, Monterra Credit Union awarded 8 grants totaling $74K — an average of about $9K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Monterra Credit Union's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
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William & Lillian Schwartz Charitable Foundation
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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