Credit Unions in the State of California
Public records raise at least one point you should look into before giving.
What it says it does
L.A. ELECTRICAL WORKERS CREDIT UNION IS COMMITTED TO OFFERING OUR MEMBERS UNIQUE FINANCIAL PRODUCTS AND SERVICES TAILORED TO THEIR NEEDS. WE PROMOTE FINANCIAL LITERACY AND PROVIDE THE NECESSARY TOOLS FOR BUILDING WEALTH.
- Income
- $2.5 million
- Spending
- $2.1 million
- Employees
- 11
- Volunteers
- 9
- Highest pay
- $241,461, ceo/treasurer
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- L A ELECTRICAL WORKERS CREDIT UNION RECEIVES MONEY FROM MEMBERS FOR THE PURCHASE OF REGULAR SHARES AND SHARE DRAFTS AND TO RETURN THE HIGHEST DIVIDEND RATE POSSIBLE. AS OF DECEMBER 31, 2025 THE TOTAL NUMBER OF MEMBERS/ACCOUNTS WAS 8,614 WITH SHARES TOTALING $35,843,351.85, SHARE DRAFT ACCOUNTS TOTALING $3,064,880.58, IRA DEPOSIT ACCOUNTS TOTALING $35,745.42, AND IRA CD DEPOSITS TOTALING $1,351,860.82.
- L A ELECTRICAL WORKERS CREDIT UNION PROVIDES A VARIETY OF SECURED AND UNSECURED CONSUMER LOAN PRODUCTS FOR THEIR MEMBERS. THE LOANS ARE AT COMPETITIVE RATES TO HELP THE MEMBER SAVE MONEY. AS OF DECEMBER 31, 2025, THE TOTAL NUMBER OF LOANS WAS 765 WITH SHARE SECURED LOANS OF $76,702.88, UNSECURED SIGNATURE LOANS OF $2,253,882.56, NEW VEHICLE LOANS OF $2,162,208,.70, USED VEHICLES OF $4,380,862.64, PERSONAL LINES OF CREDIT OF $423,215.97, HOME EQUITY LINES OF CREDIT OF $2,198,706.85, AND ALL OTHER LOANS OF $327,329.52, FOR A TOTAL OF $11,822,909.12
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(14) credit union.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(14) credit union as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1961.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.