Credit Union Self Insured Group Of California Inc

Credit Union Self Insured Group consistently generates surpluses and grows assets with no reported officer compensation.

EIN: 200406647 · Orangevale, CA · NTEE: W026 · Updated: 2026-03-28

$26.6MRevenue
$2.8MGross Revenue
$32.2MAssets
85/100Mission Score (Excellent)
W026

Is Credit Union Self Insured Group Of California Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Credit Union Self Insured Group Of California Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Credit Union Self Insured Group Of California Inc

Credit Union Self Insured Group Of California Inc (EIN: 200406647) is a nonprofit organization based in Orangevale, CA, classified under NTEE code W026. The organization reported total revenue of $26.6M and total assets of $32.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Credit Union Self Insured Group Of California Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Credit Union Self Insured Group Of California Inc is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.2M
Total Expenses$2.1M
Surplus / Deficit+$1.2M
Total Assets$31.6M
Total Liabilities$5.4M
Net Assets$26.2M
Operating Margin35.9%
Debt-to-Asset Ratio17.2%
Months of Reserves182.3 months

Financial Health Grade: A

In 2023, Credit Union Self Insured Group Of California Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 182.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Credit Union Self Insured Group Of California Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+41.0%+53.7%+4.3%
2022-40.0%-0.4%-10.4%
2021-4.4%-41.3%+7.6%
2020+4.2%+136.0%+5.6%
2019-13.6%+240.6%+10.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Credit Union Self Insured Group Of California Inc (CUSIG) demonstrates a unique financial profile, operating as a self-insured group for credit unions. Its financial health appears robust, with assets consistently growing over the past decade, reaching $31,606,614 in 2023. The organization consistently generates more revenue than expenses, indicating sound financial management and the ability to build reserves. For instance, in 2023, revenue was $3,245,954 against expenses of $2,080,814, resulting in a surplus. Spending efficiency is difficult to assess using standard program/admin/fundraising ratios, as CUSIG's primary function is to provide self-insurance services, meaning a significant portion of its 'expenses' would likely be claims paid or reserves set aside for future claims, which are directly tied to its mission. The absence of reported officer compensation across all filings suggests a lean operational structure at the executive level, or that compensation is handled through a different mechanism not captured in this specific field, which could be a point for further inquiry regarding full transparency. However, the consistent zero officer compensation is a notable financial fact. Transparency is generally good through its consistent IRS 990 filings. The organization's financial statements show a clear picture of its revenue, expenses, assets, and liabilities. The consistent growth in assets and the management of liabilities suggest a well-managed entity. Given its specific NTEE code (W026 - Credit Unions), its financial activities are aligned with its purpose of supporting credit unions through self-insurance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Credit Union Self Insured Group Of California Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Credit Union Self Insured Group Of California Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.2MTotal Revenue
$2.1MTotal Expenses
$31.6MTotal Assets
$5.4MTotal Liabilities
$26.2MNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with assets exceeding $30 million. This suggests either a volunteer executive leadership, or that executive compensation is structured in a way that is not reported under 'Officer Comp' on the 990, warranting further investigation for complete transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Credit Union Self Insured Group Of California Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Credit Union Self Insured Group Of California Inc:

Frequently Asked Questions about Credit Union Self Insured Group Of California Inc

Is Credit Union Self Insured Group Of California Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Credit Union Self Insured Group Of California Inc (EIN: 200406647) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Credit Union Self Insured Group Of California Inc spend its money?

Credit Union Self Insured Group Of California Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Credit Union Self Insured Group Of California Inc tax-deductible?

Credit Union Self Insured Group Of California Inc is registered as a tax-exempt nonprofit (EIN: 200406647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Credit Union Self Insured Group of California Inc. manage executive compensation if it consistently reports 0%?

The consistent reporting of 0% for officer compensation across all filings is unusual for an organization of this size. It suggests either a fully volunteer executive leadership, or that compensation is paid through a related entity or a different reporting mechanism not captured in the 'Officer Comp' field of the 990. Further inquiry into their operational structure and compensation practices would be needed to understand this fully.

What constitutes the majority of Credit Union Self Insured Group of California Inc.'s expenses?

Given its nature as a self-insured group, it is highly probable that the majority of its expenses are related to claims paid to member credit unions, or allocations to reserves for future claims, which are direct costs of its program services. Without a detailed breakdown of expenses from the 990, this is an inference based on its mission.

Is Credit Union Self Insured Group of California Inc. financially stable?

Yes, the organization appears financially stable. It has consistently generated more revenue than expenses, leading to a steady growth in assets from $19,199,536 in 2014 to $31,606,614 in 2023. Its liabilities are also well-managed relative to its assets.

Filing History

IRS 990 filing history for Credit Union Self Insured Group Of California Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Credit Union Self Insured Group Of California Inc's revenue has grown by 5.8%, moving from $3.1M to $3.2M. Total assets increased by 158.4% over the same period, from $12.2M to $31.6M. Total functional expenses fell by 38.4%, from $3.4M to $2.1M. In its most recent filing year (2023), Credit Union Self Insured Group Of California Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $5.4M in liabilities against $31.6M in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $26.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.2M $2.1M $31.6M $5.4M View 990
2022 $2.3M $1.4M $30.3M $7.0M View 990
2021 $3.8M $1.4M $33.8M $6.4M View 990
2020 $4.0M $2.3M $31.4M $7.3M
2019 $3.8M $980K $29.7M $7.5M View 990
2018 $4.5M $288K $27.0M $9.5M View 990
2017 $4.0M $914K $26.2M $11.9M View 990
2016 $5.3M $4.4M $23.8M $13.2M View 990
2015 $4.8M $2.8M $21.3M $11.4M View 990
2014 $4.6M $2.7M $19.2M $11.3M View 990
2013 $4.0M $2.4M $17.2M $11.2M View 990
2012 $3.8M $3.1M $13.7M $9.3M View 990
2011 $3.1M $3.4M $12.2M $8.5M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Credit Union Self Insured Group Of California Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Credit Union Self Insured Group Of California Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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