Skip to content
ProPublica Donate
ProPublica Donate

Nikkei Credit Union

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$3.65M (2023)

Expenses
$3.03M (2023)

Total Assets
$87.7M (2023)

Total Liabilities
$76.8M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings 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.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,654,164
Expenses
$3,033,173
Net Income
$620,991
Net Assets
$10,816,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,801,056
76.7%
Investment Income $608,851
16.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $244,257
6.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $318,219
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $835,664
27.6%
Assets/Debt
Total Assets $87,650,876
Total Liabilities $76,834,542
Net Assets $10,816,334
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $169,128 $0 $9,629
Jay Lee (Vice President) $149,485 $0 $8,520
Gary Nakata (Board Chair) $0 $0 $0
Alyssa Tanaka Phom (Board Vice Chai) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Board Treasurer) $0 $0 $0
Kenneth Matsuno (Board Member) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0
Caryn Sugita Richie (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,876,355
Expenses
$2,275,025
Net Income
$601,330
Net Assets
$10,134,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,104,731
73.2%
Investment Income $411,831
14.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $359,793
12.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $301,010
13.2%
Professional Fundraising Fees $0
Other Salaries and Wages $771,621
33.9%
Assets/Debt
Total Assets $90,027,226
Total Liabilities $79,892,241
Net Assets $10,134,985
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $162,176 $0 $9,150
Jay Lee (Vice President) $138,898 $0 $7,935
Gary Nakata (Board Chair) $0 $0 $0
Ryan Iwamoto (Board Vice Chai) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Board Treasurer) $0 $0 $0
Alyssa Tanaka (Board Member) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0
Kenneth Matsuno (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,441,423
Expenses
$2,089,375
Net Income
$352,048
Net Assets
$9,885,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,605,531
65.8%
Investment Income $487,077
20.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $23,400
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $325,415
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $299,152
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $757,668
36.3%
Assets/Debt
Total Assets $86,038,543
Total Liabilities $76,152,948
Net Assets $9,885,595
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $150,276 $0 $8,498
Jay Lee (Vice President) $132,758 $0 $7,620
Gary Nakata (Board Chair) $0 $0 $0
Ryan Iwamoto (Board Vice Chai) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Board Treasurer) $0 $0 $0
Alyssa Tanaka (Board Member) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0
Kenneth Matsuno (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,503,505
Expenses
$2,302,809
Net Income
$200,696
Net Assets
$9,765,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,473,659
58.9%
Investment Income $746,146
29.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,088
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $259,612
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $306,394
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $731,625
31.8%
Assets/Debt
Total Assets $79,585,488
Total Liabilities $69,819,572
Net Assets $9,765,916
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $156,960 $0 $8,614
Jay Lee (Vice President) $133,352 $0 $7,468
Gary Nakata (Board Chair) $0 $0 $0
Ryan Iwamoto (Board Vice Chai) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Board Treasurer) $0 $0 $0
Alyssa Tanaka (Board Member) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0
Kenneth Matsuno (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,483,405
Expenses
$2,330,214
Net Income
$153,191
Net Assets
$9,388,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,423,204
57.3%
Investment Income $862,008
34.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,576
0.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $176,617
7.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $316,427
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $749,492
32.2%
Assets/Debt
Total Assets $72,210,690
Total Liabilities $62,821,911
Net Assets $9,388,779
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $148,331 $0 $8,181
Jay Lee (Vp Data & Risk) $112,688 $0 $6,579
Conrad Tan (Vp Operations) $34,123 $0 $6,525
Gary Nakata (Board Chair) $0 $0 $0
Ryan Iwamoto (Board Vice Chai) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Board Treasurer) $0 $0 $0
Alyssa Tanaka (Board Member) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0
Kenneth Matsuno (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,207,725
Expenses
$1,868,942
Net Income
$338,783
Net Assets
$8,791,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,350,320
61.2%
Investment Income $706,555
32.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $150,850
6.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $299,241
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $573,506
30.7%
Assets/Debt
Total Assets $70,856,786
Total Liabilities $62,065,429
Net Assets $8,791,357
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $145,486 $0 $0
Conrad Tan (Vp Operations) $103,126 $0 $0
Jay Lee (Vp Data & Risk) $50,629 $0 $0
Gary Nakata (Bd Chair) $0 $0 $0
Alyssa Tanaka (Bd Director) $0 $0 $0
Ryan Suzuki (Secretary) $0 $0 $0
Glenn Matsushima (Treasurer) $0 $0 $0
Kenneth Matsuno (Sc Member) $0 $0 $0
Masahide Nakagawa (Sc Member) $0 $0 $0
Ryan Iwamoto (Vice Chair) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
James Kawashima (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,940,229
Expenses
$1,762,075
Net Income
$178,154
Net Assets
$8,560,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,149,398
59.2%
Investment Income $592,506
30.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,148
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $185,177
9.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $284,564
16.1%
Professional Fundraising Fees $0
Other Salaries and Wages $482,752
27.4%
Assets/Debt
Total Assets $68,301,662
Total Liabilities $59,741,051
Net Assets $8,560,611
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $143,284 $0 $0
Conrad Tan (Vp Operations) $94,321 $0 $0
Jay Lee (Vp Data & Risk) $46,959 $0 $0
Gary Nakata (Bd Chair) $0 $0 $0
Alyssa Tanaka (Bd Director) $0 $0 $0
Ryan Suzuki (Secretary) $0 $0 $0
Glenn Matsushima (Bd Director) $0 $0 $0
Ken Matsuno (Sc Member) $0 $0 $0
Ryan Iwamoto (Vice Chair) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
Jim Kawashima (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,906,191
Expenses
$1,567,894
Net Income
$338,297
Net Assets
$8,108,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,014,402
53.2%
Investment Income $610,977
32.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,207
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $266,605
14.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $264,118
16.8%
Professional Fundraising Fees $0
Other Salaries and Wages $496,243
31.7%
Assets/Debt
Total Assets $66,728,317
Total Liabilities $58,620,186
Net Assets $8,108,131
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Ceo) $131,102 $0 $0
Conrad Tan (Vp Operations) $88,066 $0 $0
Jay Lee (Vp Technology) $44,950 $0 $0
Gary Nakata (Bd Chair) $0 $0 $0
Janyce Imata Blair (Bd Vice Chair) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Bd Treasurer) $0 $0 $0
Ryan Iwamoto (Director) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
Jim Kawashima (Sc Member) $0 $0 $0
Sharon Aratani (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,674,266
Expenses
$1,496,476
Net Income
$177,790
Net Assets
$7,780,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $976,712
58.3%
Investment Income $595,233
35.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $102,321
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $261,142
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $449,114
30.0%
Assets/Debt
Total Assets $65,410,136
Total Liabilities $57,629,323
Net Assets $7,780,813
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jon Hernandez (Interim Ceo) $126,700 $0 $0
Conrad Tan (Vp Operations) $58,125 $0 $0
Bernice White (Vp Operations) $40,467 $0 $0
Jay Lee (Vp Technology) $35,850 $0 $0
Gary Nakata (Bd Chair) $0 $0 $0
Janyce Imata Blair (Bd Vice Chair) $0 $0 $0
Ryan Suzuki (Board Secretary) $0 $0 $0
Glenn Matsushima (Bd Treasurer) $0 $0 $0
Toshio Nakano (Director) $0 $0 $0
Tamaki Okamoto (Director) $0 $0 $0
Ryan Iwamoto (Director) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
Annette Kissinger (Sc Member) $0 $0 $0
Sharon Aratani (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,397,131
Expenses
$1,732,406
Net Income
-$335,275
Net Assets
$7,678,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $835,092
59.8%
Investment Income $459,005
32.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $103,034
7.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $171,359
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $439,217
25.4%
Assets/Debt
Total Assets $68,200,019
Total Liabilities $60,521,883
Net Assets $7,678,136
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bernice Campbell White (Interim Ceo) $88,138 $0 $12,051
Jon Hernandez (Ceo) $46,957 $0 $0
Jovilyn Herrick (Interim Coo) $22,385 $0 $1,828
Gary Nakata (Bd Chair) $0 $0 $0
Janyce Imata Blair (Bd Vice Chair) $0 $0 $0
Ryan Suzuki (Director) $0 $0 $0
Glenn Matsushima (Bd Treasurer) $0 $0 $0
Toshio Nakano (Director) $0 $0 $0
Tamaki Okamoto (Director) $0 $0 $0
Ryan Iwamoto (Director) $0 $0 $0
Karen Yoshimura (Sc Chair) $0 $0 $0
Annette Yoshida Kissinger (Sc Member) $0 $0 $0
Sharon Aratani (Sc Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,459,723
Expenses
$1,630,375
Net Income
-$170,652
Net Assets
$7,685,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $948,085
64.9%
Investment Income $436,930
29.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $74,708
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $179,451
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $402,142
24.7%
Assets/Debt
Total Assets $69,353,107
Total Liabilities $61,668,035
Net Assets $7,685,072
Compensation
Key Employees and Officers Compensation Related Other
Bernice White (Interim Ceo) $86,983 $0 $15,198
Erick Orellana (Chief Executive Officer) $53,585 $0 $4,542
Jovilyn Herrick (Chief Operating Officer) $38,883 $0 $3,466
Gary Nakata (Director/Chair) $0 $0 $0
Janyce Imata Blair (Director/Vice Chair) $0 $0 $0
Ryan Suzuki (Director/Secretary) $0 $0 $0
Glenn Matsushima (Director/Treasurer) $0 $0 $0
Toshio Nakano (Director) $0 $0 $0
Tamaki Okamoto (Director) $0 $0 $0
Ryan Iwamoto (Director) $0 $0 $0
Doug Moromisato (Director) $0 $0 $0
Kris Taoyama (Director) $0 $0 $0
Karen Yoshimura (Supervisory Committee/Chair) $0 $0 $0
Annette Yoshida Kissinger (Supervisory Committee) $0 $0 $0
Sharon Aratani (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,652,359
Expenses
$1,817,281
Net Income
-$164,922
Net Assets
$8,335,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,100,855
66.6%
Investment Income $508,649
30.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,855
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $207,692
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $409,543
22.5%
Assets/Debt
Total Assets $71,318,600
Total Liabilities $62,982,707
Net Assets $8,335,893

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,924,797
Expenses
$2,119,418
Net Income
-$194,621
Net Assets
$8,500,815
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,210,172
62.9%
Investment Income $714,625
37.1%
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 $211,744
10.0%
Professional Fundraising Fees $0
Other Salaries and Wages $413,695
19.5%
Assets/Debt
Total Assets $70,083,491
Total Liabilities $61,582,676
Net Assets $8,500,815

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

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

The data powering this website is available programmatically, via an API. Read the API documentation »