Skip to content
Nonprofiteer
← CREDIT UNIONS IN THE STATE OF WASHINGTON

Form 990 for tax year 2025

Filed by CREDIT UNIONS IN THE STATE OF WASHINGTON.

Totals

Total revenue
$2,958,287
Total expenses
$3,038,473
Contributions and grants received
$0
Grants paid
$6,353
Program service revenue
$2,093,175
Investment income
$828,134
Other revenue
$36,978
Total assets, end of year
$71,314,895
Total liabilities, end of year
$58,430,781
Net assets or fund balances, end of year
$12,884,114
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: REAL ESTATE LOAN INTER

    total $883,594 · related or exempt $883,594

  • 2b · Program service revenue: CONSUMER LOAN INTEREST

    total $811,455 · related or exempt $811,455

  • 2c · Program service revenue: HELOC INTEREST

    total $398,126 · related or exempt $398,126

  • 3 · Investment income

    total $828,134 · excluded $828,134

  • 11a · Other revenue: FEES AND SERVICES

    total $36,978 · related or exempt $36,978

  • 11e · Other revenue, total

    $36,978

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,353

  • 5 · Compensation of officers, directors and key employees

    total $188,052

  • 7 · Other salaries and wages

    total $253,419

  • 9 · Other employee benefits

    total $295,908

  • 11b · Fees: legal

    total $21,610

  • 11c · Fees: accounting

    total $6,135

  • 11f · Fees: investment management

    total $16,756

  • 11g · Fees: other

    total $3,006

  • 12 · Advertising and promotion

    total $18,588

  • 13 · Office expenses

    total $19,647

  • 14 · Information technology

    total $144,634

  • 17 · Travel

    total $11,331

  • 19 · Conferences, conventions and meetings

    total $35,902

  • 22 · Depreciation, depletion and amortization

    total $16,859

  • 23 · Insurance

    total $30,465

  • 24a · Other expenses: DIVIDENDS ON SHARES

    total $1,746,914

  • 24b · Other expenses: SERVICE FEES

    total $40,608

  • 24c · Other expenses: CREDIT CARD PROGRAM EXP

    total $36,092

  • 24d · Other expenses: SUPERVISORY EXAM FEES

    total $36,088

  • 24e · All other expenses

    total $110,106

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,035,462 · end of year $4,138,324

  • 2 · Savings and temporary cash investments

    beginning of year $2,934,369 · end of year $2,954,293

  • 4 · Accounts receivable

    beginning of year $1,665 · end of year $1,727

  • 7 · Other notes and loans receivable

    beginning of year $40,513,110 · end of year $42,018,373

  • 9 · Prepaid expenses and deferred charges

    beginning of year $94,559 · end of year $90,292

  • 10a · Land, buildings and equipment: cost or other basis

    $434,444

  • 10b · Land, buildings and equipment: accumulated depreciation

    $425,872

  • 10c · Land, buildings and equipment, net

    beginning of year $21,373 · end of year $8,572

  • 11 · Investments: publicly traded securities

    beginning of year $16,580,052 · end of year $21,284,968

  • 15 · Other assets

    beginning of year $704,721 · end of year $818,346

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,336 · end of year $64,037

  • 25 · Other liabilities

    beginning of year $53,870,675 · end of year $58,366,744

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $12,964,300 · end of year $12,884,114

Mission and programs · 2025

Mission

PROVIDE FINANCIAL SERVICES TO MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/UNSECURED LOANS AND VARIOUS SAVINGS PROGRAMS.

  • PROVIDED FINANCIAL SERVICES TO 3,636 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/UNSECURED CONSUMER LOANS AND VARIOUS SAVINGS PROGRAMS.

As filed on the 2025 return.

Listed in Part VII

  • Chris Jentges

    BOARD SEC/TREAS, MANAGER

    Total calculated
    $188,052
    From this org
    $157,921
    From related orgs
    $0
    Other
    $30,131
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $157,921
    Bonus
    $0
    Other
    $0
    Deferred
    $9,475
    Nontaxable benefits
    $20,656
    Filer's total
    $188,052

  • Marcus Garbarino

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Russ Feist

    BOARD VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Patrick Maher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Janice Gibler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Jillian Caires

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Karrie Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Crissa Fracz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Bryan Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Don Falkner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alicia Gibbs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Amar Dhaliwal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AVISTA CORPORATION

    C · UTILITIES · WA

Provenance

Return type
form_990
Tax year
2025
Filed
19 August 2026
IRS schema version
2025v4.2
Source object
202602439349300630

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.