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Nonprofiteer
← CREDIT UNIONS IN THE STATE OF WASHI NGTON

Form 990 for tax year 2023

Filed by CREDIT UNIONS IN THE STATE OF WASHI NGTON.

Totals

Total revenue
$52,455,108
Total expenses
$45,480,230
Contributions and grants received
$0
Grants paid
$25,913
Program service revenue
$44,049,917
Investment income
$8,298,199
Other revenue
$106,992
Total assets, end of year
$983,585,639
Total liabilities, end of year
$871,789,810
Net assets or fund balances, end of year
$111,795,829
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • MICHAEL G ELFSTROM

    PRESIDENT

    Total calculated
    $446,360
    From this org
    $412,228
    From related orgs
    $0
    Other
    $34,132
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $352,854
    Bonus
    $58,342
    Other
    $1,032
    Deferred
    $10,600
    Nontaxable benefits
    $23,532
    Filer's total
    $446,360

  • ROSHALLE DEARMENT

    SVP OF LENDING

    Total calculated
    $217,357
    From this org
    $194,797
    From related orgs
    $0
    Other
    $22,560
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,078
    Bonus
    $19,687
    Other
    $1,032
    Deferred
    $7,803
    Nontaxable benefits
    $14,757
    Filer's total
    $217,357

  • PATIENCE TENNIS

    VP OF HR

    Total calculated
    $187,159
    From this org
    $172,277
    From related orgs
    $0
    Other
    $14,882
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,537
    Bonus
    $18,500
    Other
    $240
    Deferred
    $6,903
    Nontaxable benefits
    $7,979
    Filer's total
    $187,159

  • LACINDA BLANCHETTE

    VP OF MEMBER ENGAGEMENT

    Total calculated
    $180,796
    From this org
    $166,166
    From related orgs
    $0
    Other
    $14,630
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,136
    Bonus
    $12,478
    Other
    $552
    Deferred
    $6,651
    Nontaxable benefits
    $7,979
    Filer's total
    $180,796

  • BRETT TREAT

    DIRECTOR OF IT

    Total calculated
    $168,692
    From this org
    $155,609
    From related orgs
    $0
    Other
    $13,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,241
    Bonus
    $11,008
    Other
    $360
    Deferred
    $6,268
    Nontaxable benefits
    $6,815
    Filer's total
    $168,692

  • WILLIAM HANAFORD

    INVESTMENT ADVISOR

    Total calculated
    $144,716
    From this org
    $132,495
    From related orgs
    $0
    Other
    $12,221
    Hours/week
    40

  • CARLA PIZARRO

    DIR. BUSINESS SOLUTIONS/AUDIT

    Total calculated
    $142,630
    From this org
    $130,517
    From related orgs
    $0
    Other
    $12,113
    Hours/week
    40

  • MARK PETERSEN

    CFO (THRU 3/23)

    Total calculated
    $94,853
    From this org
    $85,533
    From related orgs
    $0
    Other
    $9,320
    Hours/week
    40

  • KIM BROWN

    BOARD MEMBER

    Total calculated
    $1,447
    From this org
    $1,447
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • LEANNE CALIFANO

    BOARD VICE CHAIR

    Total calculated
    $1,346
    From this org
    $1,346
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • MITCHELL JOHNSON

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    4

  • DOUG SCOTT

    BOARD SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    3

  • ADE' ARIWOOLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • KIM ZIER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • NOEL MCMURTRAY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • RUSS DE WOLFE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • TRACY OSTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
MICHAEL ELFSTROM PARTICIPATES IN A SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENT THAT IS TREATED AS A SPLIT-DOLLAR LOAN UNDER TREASURY REGULATIONS SECTION 1.7872-15.

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349321620

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

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