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Nonprofiteer
← CREDIT UNIONS IN THE STATE OF WASHI NGTON

Form 990 for tax year 2022

Filed by CREDIT UNIONS IN THE STATE OF WASHI NGTON.

Totals

Total revenue
$35,866,616
Total expenses
$25,023,764
Contributions and grants received
$0
Grants paid
$31,250
Program service revenue
$33,024,262
Investment income
$2,015,689
Other revenue
$826,665
Total assets, end of year
$772,976,496
Total liabilities, end of year
$681,466,632
Net assets or fund balances, end of year
$91,509,864
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

  • KIM BROWN

    BOARD CHAIRMAN

    Total calculated
    $650
    From this org
    $650
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • MITCHELL JOHNSON

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • LEANNE CALIFANO

    BOARD SECRETARY/TREASURER

    Total calculated
    $650
    From this org
    $650
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • ADE' ARIWOOLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • DOUG SCOTT

    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 DEWOLFE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • TRACY OSTER

    BOARD MEMBER

    Total calculated
    $1,251
    From this org
    $1,251
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • MICHAEL G ELFSTROM

    PRESIDENT

    Total calculated
    $428,276
    From this org
    $396,685
    From related orgs
    $0
    Other
    $31,591
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $338,974
    Bonus
    $57,159
    Other
    $552
    Deferred
    $10,600
    Nontaxable benefits
    $20,991
    Filer's total
    $428,276

  • MARK PETERSEN

    CFO

    Total calculated
    $245,853
    From this org
    $216,165
    From related orgs
    $0
    Other
    $29,688
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,881
    Bonus
    $35,700
    Other
    $1,584
    Deferred
    $8,697
    Nontaxable benefits
    $20,991
    Filer's total
    $245,853

  • ROBERT ARBUCKLE

    VP OF ALTERNATIVE LENDING

    Total calculated
    $185,129
    From this org
    $171,191
    From related orgs
    $0
    Other
    $13,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,473
    Bonus
    $17,134
    Other
    $1,584
    Deferred
    $6,824
    Nontaxable benefits
    $7,114
    Filer's total
    $185,129

  • ROSHALLE DEARMENT

    VP OF LENDING

    Total calculated
    $176,039
    From this org
    $156,412
    From related orgs
    $0
    Other
    $19,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,886
    Bonus
    $14,974
    Other
    $552
    Deferred
    $6,465
    Nontaxable benefits
    $13,162
    Filer's total
    $176,039

  • PATIENCE TENNIS

    VP OF HR

    Total calculated
    $159,588
    From this org
    $153,369
    From related orgs
    $0
    Other
    $6,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,048
    Bonus
    $18,081
    Other
    $240
    Deferred
    $6,219
    Nontaxable benefits
    $0
    Filer's total
    $159,588

  • LACINDA BLANCHETTE

    VP OF MEMBER ENGAGEMENT

    Total calculated
    $163,103
    From this org
    $149,940
    From related orgs
    $0
    Other
    $13,163
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,068
    Bonus
    $18,512
    Other
    $360
    Deferred
    $6,049
    Nontaxable benefits
    $7,114
    Filer's total
    $163,103

  • BRETT TREAT

    DIRECTOR OF IT

    Total calculated
    $162,597
    From this org
    $149,467
    From related orgs
    $0
    Other
    $13,130
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,920
    Bonus
    $13,187
    Other
    $360
    Deferred
    $6,016
    Nontaxable benefits
    $7,114
    Filer's total
    $162,597

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
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313199349308346

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