2023-11-14T13:03:56-08:00 2022-12-31 RICHARDS & ASSOCIATES 21520 YORBA LINDA BLVD G-516 YORBA LINDA CA 92887 990 2022-01-01 956064840 El Monte Community Credit Union ELMO 6264440501 11718 Ramona Blvd El Monte CA 91732 Sandra Rosas President/CEO 2023-11-14 true Sandra Rosas 999009999 true Richards Associates CPAs P01070543 7142876713 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Sandra Rosas 11718 Ramona Blvd El Monte CA 91732 1224087 false X http://www.emcecu.org X 1956 CA El Monte Community Credit Union is a non-profit financial cooperative that provides services for their members including savings and loans. The mission of the Credit Union is to charge the least in their loans and pay the most for deposits to its members. 7 7 6 10 0 0 473072 534535 155258 201247 338352 488305 966682 1224087 0 19341 10070 424868 402725 0 0 576608 666467 1020817 1079262 -54135 144825 35310822 32839949 32795476 30179778 2515346 2660171 El Monte Community Credit Union is a non-profit financial cooperative that provides services for their members including savings and loans. The mission of the Credit Union is to charge the least in their loans and pay the most for deposits to its members. false false Provided deposit and loan accounts to members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs. false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 300 0 true 6 true false false false false false false false false false false false X 7 7 false false false false true true true true true false true true true true true false true true true true false X Cristina Munoz 6264440501 11718 Ramona Blvd El Monte CA 91732 X Rebecca Aguirre Board Member 0.00 0.00 X 0 0 0 David Paredes Board Treasurer 0.50 0.00 X 0 0 0 Angel R Nunez Board ViceChair 0.50 0.00 X 0 0 0 Robert Velasquez Board Member 0.50 0.00 X 0 0 0 James Mussenden Board Chairman 0.50 0.00 X 0 0 0 Michael McClure Board Member 0.50 0.00 X 0 0 0 William Larry Fry Board Secretary 0.50 0.00 X 0 0 0 Maria C Caballero SC Member 0.50 0.00 X 0 0 0 Sheila S Crippen Thomas SC member 0.50 0.00 X 0 0 0 Amparo Becerra SC member 0.50 0.00 X 0 0 0 Sandra Rosas CEO 40.00 0.00 X 0 0 0 0 false false false 0 0 Interest on Loans 534535 534535 534535 201247 201247 0 0 0 0 0 0 0 Fee Income 363117 363117 Other Non-Operating Income 125188 125188 488305 1224087 1224087 0 0 0 10070 0 0 402725 0 0 0 0 0 0 0 0 0 42268 25576 420864 0 0 68402 52 0 0 0 0 0 13242 Loan servicing expense 29618 Provision for Loan Losses(cr) 28757 Miscellaneous Expense 18124 Operating Fees 12460 7104 1079262 0 0 0 248784 326404 9005730 1756096 0 0 119730 677367 0 6999142 10877337 0 0 577645 435782 177956 141863 0 0 17778902 17605816 0 980578 1455066 35310822 32839949 147301 418866 32648175 29760912 32795476 30179778 X 2515346 2660171 2515346 2660171 35310822 32839949 144825 X false true X true false 66000 66000 150071 120018 30053 225584 202243 23341 119386 96919 22467 16604 16602 2 141863 17605816 Other Deposits 3494462 Regular Shares 18577415 Share Drafts 7689035 29760912 Angel R Nunez Vice Chair Real Estate X 500000 497351 false false true Angel R Nunez BOARD VICE Visa Credit X 1240 false false true David G Paredes Treasurer Auto Loan X 24279 4719 false false true James W Mussenden BOARDCHAIR Auto Loan X 85407 46005 false true true Michael McClure BOARD MEMB SIGNATURE X 5000 2208 false false true Robert Velasquez BOARD MEMB Auto Loan X 16138 5582 false false true William Larry Fry BOARD SECR Auto Loan X 24424 10160 false false true Shelia Crippen Thomas SC Chair SIGNATURE X 10000 7970 false false true 575235 Form 990, Part VI, Section A, Line 6 The Credit Union is organized with members, most of whom are employees or former employees of the City of El Monte, businesses (including their employees) belonging to the Chamber of Commerce of El Monte, South El Monte, and Baldwin Park, and their qualifying family members. Form 990, Part VI, Section A, Line 7a The members elect the board of directors. Form 990, Part VI, Section A, Line 7b Certain decisions require membership approval as provided in the corporate bylaws. Form 990, Part VI, Section B, Line 11b THE RETURN PREPARER E-MAILS A DRAFT OF THE FORM 990 TO THE CEO FOR REVIEW.THE AUDITOR AND DESIGNATED INDIVIDUAL(S) REVIEW THE DRAFT AND PRESENT ANYQUESTIONS, COMMENTS, OR CORRECTIONS TO THE RETURN PREPARER. UPON SATISFACTORYCOMPLETION OF THE FORM 990, THE ORGANIZATION'S AUTHORIZED INDIVIDUAL SIGNS THEAPPROPRIATE SIGNATURE FORM(S) TO AUTHORIZE THE ELECTRONIC FILING OF THE RETURN. ACOPY OF THE FORM 990, AS FILED, IS PROVIDED BY THE RETURN PREPARER TO THEORGANIZATION'S CEO OR OTHER DESIGNATED INDIVIDUAL(S). Form 990, Part VI, Section B, Line 15a Yes, reviewed peer data and reviewed work performance is used to determine compensation. Form 990, Part VI, Section B, Line 15b Yes, reviewed peer data and reviewed work performance is used to determine compensation. Form 990, Part VI, Section C, Line 19 Financial statements are posted in the lobby.