Public Charity

LBS FINANCIAL CREDIT UNION

LBS FINANCIAL CREDIT UNION is a private foundation categorized as Public Charity based in WESTMINSTER, CA. Its most recent IRS filing (2024) reports revenue of $92.0M, expenses of $83.2M, total assets of $2.0B. Imperigo tracks 10 reported grants from this foundation totaling approximately $86K.

EIN: 951644568 WESTMINSTER, CA Latest filing: 2024
Total Revenue$92.0M
Total Expenses$83.2M
Total Assets$2.0B
Grants Given10
Grant Total$86K
Filing Years2019–2024

Mission

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.

Sample Grants Given

SALT LAKE CITY, UT · 2024
PROVIDE FINANCIAL SUPPORT FOR MEDICAL CARE FOR CHILDREN.
$9,500
LONG BEACH, CA · 2024
TO RAISE FUNDS TO SUPPORT THE COLLEGE'S OUTSTANDING AND EVOLVING LEARNING ENVIRONMENT.
$6,547
LONG BEACH, CA · 2024
TO SUPPORT THE EDUCATIONAL MISSION OF CSULB BY ENGAGING IN RESEARCH, COMMUNITY SERVICE AND SPONSORED PROGRAMS.
$6,350
CERRITOS, CA · 2024
TO HELP PROVIDE HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR CHILDREN.
$5,600
LONG BEACH, CA · 2023
TO RAISE FUNDS TO SUPPORT THE COLLEGE'S OUTSTANDING AND EVOLVING LEARNING ENVIRONMENT.
$8,500

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

SUPV CMTE MEMBER Alan Ray
V.P./COLLECTIONS Alfred Parent
V.P./RESIDENTIAL LENDING Alva Sargeant
S.V.P./MEMBER SERVICES Christine Wu-Lin Bass
V.P./LOAN ADMINISTRATION Courtney Higuchi
SUPV CMTE CHAIR David Conrad

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROVIDE FINANCIAL SUPPORT FOR MEDICAL CARE FOR CHILDREN
$41,550 4 grants
TO RAISE FUNDS TO SUPPORT THE COLLEGE'S OUTSTANDING AND EVOLVING LEARNING ENVIRONMENT.
$23,447 3 grants
PROVIDE FINANCIAL SUPPORT FOR MEDICAL CARE FOR CHILDREN.
$9,500 1 grant
TO SUPPORT THE EDUCATIONAL MISSION OF CSULB BY ENGAGING IN RESEARCH, COMMUNITY SERVICE AND SPONSORED PROGRAMS.
$6,350 1 grant
TO HELP PROVIDE HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR CHILDREN.
$5,600 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $92.0M $83.2M $2.0B
2023 $79.4M $65.0M $2.0B
2022 $64.3M $46.7M $2.0B
2020 $59.5M $50.0M $1.8B
2019 $61.4M $50.6M $1.5B

Between 2019 and 2024, reported annual revenue grew from $61.4M to $92.0M (+50%), with total assets most recently reported at $2.0B.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, UT.

CAUT

Full geographic grant map with state-by-state breakdown available with membership.

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