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State Chartered Credit Unions In North Carolina

Latino Community Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Summary charts: organization finances over time

Revenue
$73.4M (2023)

Expenses
$52.6M (2023)

Total Assets
$1.03B (2023)

Total Liabilities
$902M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,382,404
Expenses
$52,597,358
Net Income
$20,785,046
Net Assets
$129,425,762
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,395,258
6.0%
Program Services $64,175,913
87.5%
Investment Income $4,811,233
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,789,923
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $10,634,184
20.2%
Assets/Debt
Total Assets $1,031,841,907
Total Liabilities $902,416,145
Net Assets $129,425,762
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $447,346 $0 $17,195
Maria Victoria Garcia (Ceo) $291,013 $0 $24,618
Alison Yonas (Chief Development & Impact Officer) $187,117 $0 $10,675
Steve Herrell (Chief Risk Officer) $179,336 $0 $11,664
Roger Montes (Chief Retail Officer) $177,267 $0 $19,807
Terry Phelps (Chief Operations Officer) $173,479 $0 $5,333
Irving Bustillo (Chief Lending Officer) $170,447 $0 $28,512
Camilo Moncayo (Vp Deposits & Operations) $109,919 $0 $13,895
Timothy Brophy (Vp Accounting) $103,030 $0 $20,124
Agustin Sanchez (Vp Triangle Region) $100,594 $0 $13,560
Hernan Sedda (Vp Triad Region) $100,552 $0 $16,292
Rodrigo Iniguez (Chief Financial Officer) $46,114 $0 $0
David Brehmer (Board Chair) $0 $0 $0
Lorena Patterson (Board Vice Chair) $0 $0 $0
Maria Scanga (Board Treasurer & Asst. Secretary) $0 $0 $0
Farad Ali (Board Secretary) $0 $0 $0
Erika Bell (Board Director) $0 $0 $0
Jerry Harmon (Board Director) $0 $0 $0
Jorge Archila (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,822,762
Expenses
$34,036,462
Net Income
$23,786,300
Net Assets
$108,640,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $694,400
1.2%
Program Services $55,108,107
95.3%
Investment Income $2,020,255
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $486,889
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $8,818,966
25.9%
Assets/Debt
Total Assets $910,105,673
Total Liabilities $801,464,957
Net Assets $108,640,716
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $445,120 $0 $42,915
Roger Montes (Senior Vice President, Branch Coordination) $164,412 $0 $38,582
Alison Yonas (Senior Vice President, Finance And Strategic Investment) $156,450 $0 $9,375
Silvia Rincon (Senior Vice President, Member Experience) $151,682 $0 $24,622
Irving Bustillo (Svp, Branch Support) $140,393 $0 $26,712
Vicky Garcia (Senior Vice President, Product And Risk Management) $140,200 $0 $35,114
David Brehmer (Chair) $0 $0 $0
Maria Scanga (Treasurer) $0 $0 $0
Lorena Patterson (Vice Chair) $0 $0 $0
Farad Ali (Secretary) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
John Herrera (Director) $0 $0 $0
Jorge Archila (Director) $0 $0 $0
Erika Bell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,882,386
Expenses
$28,488,931
Net Income
$19,393,455
Net Assets
$84,854,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,078,342
4.3%
Program Services $45,658,466
95.4%
Investment Income $145,578
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $455,862
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $6,932,036
24.3%
Assets/Debt
Total Assets $720,522,330
Total Liabilities $635,667,914
Net Assets $84,854,416
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $424,312 $0 $41,502
Roger Montes (Senior Vice President, Branch Coordination) $165,112 $0 $38,479
Vicky Garcia (Senior Vice President, Product And Risk Management) $140,900 $0 $35,011
Alison Yonas (Senior Vice President, Finance And Strategic Investment) $140,900 $0 $8,445
Silvia Rincon (Senior Vice President, Member Experience) $139,136 $0 $23,647
Irving Bustillo (Svp, Branch Support) $101,455 $0 $24,090
David Brehmer (Chair) $0 $0 $0
Maria Scanga (Vice Chair) $0 $0 $0
Lorena Patterson (Treasurer) $0 $0 $0
Farad Ali (Secretary) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
John Herrera (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,210,133
Expenses
$27,188,689
Net Income
$19,021,444
Net Assets
$65,460,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,057,357
23.9%
Program Services $34,672,512
75.0%
Investment Income $480,264
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $415,150
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,962,880
21.9%
Assets/Debt
Total Assets $594,710,945
Total Liabilities $529,249,984
Net Assets $65,460,961
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $380,033 $0 $35,593
Roger Montes (Senior Vice President, Branch Coordination) $155,000 $0 $45,636
Vicky Garcia (Senior Vice President, Product And Risk Management) $125,700 $0 $14,382
Alison Yonas (Senior Vice President, Finance And Strategic Investment) $119,033 $0 $7,145
Juan Carlos Canal (Vice President, Financial Management) $114,362 $0 $26,285
Silvia Rincon (Senior Vice President, Member Experience) $109,836 $0 $19,364
David Brehmer (Chair) $0 $0 $0
Maria Scanga (Vice Chair) $0 $0 $0
Lorena Patterson (Treasurer) $0 $0 $0
John Herrera (Secretary) $0 $0 $0
Farad Ali (Director) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Sebastian Fengler (Director) $0 $0 $0
Jorge Phillips (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,343,569
Expenses
$23,031,163
Net Income
$7,312,406
Net Assets
$46,439,517
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,000
0.0%
Program Services $29,191,040
96.2%
Investment Income $1,143,529
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $382,503
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,179,602
22.5%
Assets/Debt
Total Assets $491,046,563
Total Liabilities $444,607,046
Net Assets $46,439,517
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $358,138 $0 $43,744
Roger Montes (Senior Vice President, Branch Coordination) $136,906 $0 $27,036
Vicky Garcia (Senior Vice President, Product And Risk Management) $114,218 $0 $13,603
Alison Yonas (Senior Vice President, Development And Strategic Investment) $110,200 $0 $6,645
Juan Carlos Canal (Senior Vice President, Finance) $108,068 $0 $17,275
John Herrera (Chair) $0 $0 $0
Farad Ali (Vice Chair) $0 $0 $0
Sebastian Fengler (Treasurer) $0 $0 $0
Maria Scanga (Secretary) $0 $0 $0
David Brehmer (Director) $0 $0 $0
Jorge Phillips (Director) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Lorena (Patterson) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,899,231
Expenses
$18,033,938
Net Income
$6,865,293
Net Assets
$39,127,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $966,905
3.9%
Program Services $23,578,564
94.7%
Investment Income $353,762
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $367,773
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,531,705
25.1%
Assets/Debt
Total Assets $339,723,304
Total Liabilities $300,596,193
Net Assets $39,127,111
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $339,369 $0 $28,404
Roger Montes (Senior Vice President, Branch Coordination) $130,839 $0 $22,209
Vicky Garcia (Senior Vice President, Product And Risk Management) $109,208 $0 $13,029
Alison Yonas (Senior Vice President, Development And Strategic Investment) $104,200 $0 $6,285
Juan Carlos Canal (Senior Vice President, Finance) $102,122 $0 $16,820
John Herrera (Chair) $0 $0 $0
Farad Ali (Vice Chair) $0 $0 $0
Sebastian Fengler (Treasurer) $0 $0 $0
Maria Scanga (Secretary) $0 $0 $0
David Brehmer (Director) $0 $0 $0
Jorge Phillips (Director) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,500,214
Expenses
$14,719,818
Net Income
$4,780,396
Net Assets
$32,261,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,000
0.4%
Program Services $19,191,281
98.4%
Investment Income $233,933
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $357,624
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $4,023,718
27.3%
Assets/Debt
Total Assets $276,798,268
Total Liabilities $244,536,450
Net Assets $32,261,818
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $329,710 $0 $27,914
Roger Montes (Senior Vice President, Branch Coordination) $128,498 $0 $21,721
Vicky Garcia (Senior Vice President, Product And Risk Management) $107,362 $0 $12,643
Alison Yonas (Vice President, Development And Strategic Investment) $102,252 $0 $6,047
Maria Scanga (Chair) $0 $0 $0
John Herrera (Vice Chair) $0 $0 $0
David Brehmer (Secretary) $0 $0 $0
Jorge Phillips (Treasurer) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Farad Ali (Director) $0 $0 $0
Sebastian Fengler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,759,207
Expenses
$12,260,033
Net Income
$5,499,174
Net Assets
$27,481,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,795,000
10.1%
Program Services $15,629,542
88.0%
Investment Income $334,665
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $228,735
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,354,367
27.4%
Assets/Debt
Total Assets $242,315,733
Total Liabilities $214,834,311
Net Assets $27,481,422
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $201,227 $0 $26,509
Roger Montes (Senior Vice President, Branch Coordination) $102,144 $0 $16,459
Vicky Garcia (Senior Vice President, Product And Risk Management) $100,266 $0 $7,566
Maria Scanga (Chair) $0 $0 $0
John Herrera (Vice Chair) $0 $0 $0
David Brehmer (Secretary) $0 $0 $0
Jorge Phillips (Treasurer) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Farad Ali (Director) $0 $0 $0
Sebastian Fengler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,636,561
Expenses
$10,300,031
Net Income
$6,336,530
Net Assets
$21,982,248
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,212,206
25.3%
Program Services $12,119,769
72.9%
Investment Income $304,586
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $209,974
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,880,804
28.0%
Assets/Debt
Total Assets $198,187,409
Total Liabilities $176,205,161
Net Assets $21,982,248
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $187,996 $0 $25,978
John Herrera (Chair) $0 $0 $0
David Brehmer (Vice Chair) $0 $0 $0
Miguel Rubiera (Treasurer) $0 $0 $0
Maria Scanga (Secretary) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Jorge Phillips (Director) $0 $0 $0
Farad Ali (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,114,552
Expenses
$8,575,875
Net Income
$3,538,677
Net Assets
$15,645,718
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,821,600
15.0%
Program Services $10,103,433
83.4%
Investment Income $189,519
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $202,693
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,598,083
30.3%
Assets/Debt
Total Assets $151,199,398
Total Liabilities $135,553,680
Net Assets $15,645,718
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $182,764 $0 $24,369
John Herrera (Chair) $0 $0 $0
David Brehmer (Vice Chair) $0 $0 $0
Miguel Rubiera (Treasurer) $0 $0 $0
Maria Scanga (Secretary) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0
Leonor Clavijo (Director) $0 $0 $0
Jorge Phillips (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,284,825
Expenses
$7,565,959
Net Income
$1,718,866
Net Assets
$12,107,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,660,021
17.9%
Program Services $7,435,595
80.1%
Investment Income $189,209
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $185,539
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,352,564
31.1%
Assets/Debt
Total Assets $126,076,847
Total Liabilities $113,969,806
Net Assets $12,107,041
Compensation
Key Employees and Officers Compensation Related Other
Luis Pastor (Ceo) $168,390 $0 $23,112
Maria Scanga (Director) $0 $0 $0
David Brehmer (Treasurer) $0 $0 $0
John Herrera (Vice Chair) $0 $0 $0
Miguel Rubiera (Chair) $0 $0 $0
Cynthia Brown (Secretary) $0 $0 $0
Jerry Harmon (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,062,889
Expenses
$6,951,783
Net Income
$1,111,106
Net Assets
$10,388,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,773,751
22.0%
Program Services $6,053,067
75.1%
Investment Income $236,071
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $169,867
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,057,079
29.6%
Assets/Debt
Total Assets $114,615,587
Total Liabilities $104,227,412
Net Assets $10,388,175

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,806,775
Expenses
$6,918,358
Net Income
$888,417
Net Assets
$9,277,069
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,055,248
26.3%
Program Services $5,432,610
69.6%
Investment Income $318,917
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $160,126
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,979,401
28.6%
Assets/Debt
Total Assets $106,109,498
Total Liabilities $96,832,429
Net Assets $9,277,069

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

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