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Nonprofiteer
← CREDIT UNIONS IN THE STATE OF WASHINGTON

Form 990 for tax year 2023

Filed by CREDIT UNIONS IN THE STATE OF WASHINGTON.

Totals

Total revenue
$56,003,115
Total expenses
$52,190,799
Contributions and grants received
$0
Grants paid
$98,739
Program service revenue
$49,178,208
Investment income
$4,733,776
Other revenue
$2,091,131
Total assets, end of year
$1,160,865,790
Total liabilities, end of year
$1,040,373,507
Net assets or fund balances, end of year
$120,492,283
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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: Interest on Loans

    total $38,562,499 · related or exempt $38,562,499 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Fee Income

    total $10,615,709 · related or exempt $10,615,709 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $4,777,931 · related or exempt $4,777,931 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities -$44,155 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities -$44,155 · other assets $0

  • 7d · Net gain or loss

    total -$44,155 · related or exempt -$44,155 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: MISC INCOME

    total $2,091,131 · related or exempt $2,091,131 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,091,131

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $69,439

  • 2 · Grants to domestic individuals

    total $29,300

  • 5 · Compensation of officers, directors and key employees

    total $3,044,836

  • 7 · Other salaries and wages

    total $15,015,771

  • 8 · Pension plan contributions

    total $1,431,736

  • 9 · Other employee benefits

    total $2,244,643

  • 10 · Payroll taxes

    total $1,439,754

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $28,833

  • 11c · Fees: accounting

    total $2,240,243

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $880,871

  • 12 · Advertising and promotion

    total $762,347

  • 13 · Office expenses

    total $1,243,646

  • 14 · Information technology

    total $3,475,763

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,479,475

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $489,676

  • 20 · Interest

    total $8,560,916

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,917,720

  • 23 · Insurance

    total $250,694

  • 24a · Other expenses: Dues

    total $574,606

  • 24b · Other expenses: Loan Servicing

    total $5,012,490

  • 24e · All other expenses

    total $1,998,040

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,840,124 · end of year $8,389,433

  • 2 · Savings and temporary cash investments

    beginning of year $54,804,305 · end of year $42,897,022

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $756,743,337 · end of year $839,616,534

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,917,624 · end of year $5,779,796

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

    $78,919,471

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

    $36,062,145

  • 10c · Land, buildings and equipment, net

    beginning of year $43,402,844 · end of year $42,857,326

  • 11 · Investments: publicly traded securities

    beginning of year $266,474,589 · end of year $207,523,288

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $33,264,503 · end of year $13,802,391

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,219,704 · end of year $16,247,842

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $25,000,000

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,048,997,148 · end of year $999,125,665

  • 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 $108,230,474 · end of year $120,492,283

Mission and programs · 2023

Mission

The purpose of this Credit Union is to cooperatively provide service and benefits to our members through the principle of mutual self-help.

Activities or mission (Part I)

STATE CHARTERED CREDIT UNION

  • State chartered credit union

As filed on the 2023 return.

Listed in Part VII

  • David Spaulding

    President/CEO

    Total calculated
    $1,295,678
    From this org
    $1,231,057
    From related orgs
    $0
    Other
    $64,621
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $662,840
    Bonus
    $113,393
    Other
    $500,000
    Deferred
    $0
    Nontaxable benefits
    $19,445
    Filer's total
    $1,295,678

  • Rich Wilson

    CFO

    Total calculated
    $452,516
    From this org
    $384,375
    From related orgs
    $0
    Other
    $68,141
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $399,741
    Bonus
    $34,107
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,668
    Filer's total
    $452,516

  • Tim Amato

    CLO

    Total calculated
    $373,028
    From this org
    $316,639
    From related orgs
    $0
    Other
    $56,389
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $328,908
    Bonus
    $29,704
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,416
    Filer's total
    $373,028

  • Deidra Miner

    COO

    Total calculated
    $366,488
    From this org
    $334,919
    From related orgs
    $0
    Other
    $31,569
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $320,680
    Bonus
    $29,031
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,777
    Filer's total
    $366,488

  • Amy Davis

    CMO

    Total calculated
    $309,996
    From this org
    $260,714
    From related orgs
    $0
    Other
    $49,282
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $274,973
    Bonus
    $20,813
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,211
    Filer's total
    $309,997

  • Kim Divine

    CHRO

    Total calculated
    $305,928
    From this org
    $260,290
    From related orgs
    $0
    Other
    $45,638
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $268,697
    Bonus
    $24,831
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,400
    Filer's total
    $305,928

  • Elkan Wollenberg

    CIO

    Total calculated
    $280,778
    From this org
    $256,841
    From related orgs
    $0
    Other
    $23,937
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $340,057
    Bonus
    $20,999
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,972
    Filer's total
    $373,028

  • Brett Nielsen

    Vice President of Business Lending

    Total calculated
    $244,000
    From this org
    $221,360
    From related orgs
    $0
    Other
    $22,640
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $231,573
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,427
    Filer's total
    $244,000

  • Rod Snyder

    Vice President of Sales & Branch Operations

    Total calculated
    $237,409
    From this org
    $207,793
    From related orgs
    $0
    Other
    $29,616
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $235,999
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $1,410
    Filer's total
    $237,409

  • Kelly Richter

    Vice President of Deposit Operations

    Total calculated
    $217,677
    From this org
    $180,709
    From related orgs
    $0
    Other
    $36,968
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $199,989
    Bonus
    $6,306
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,383
    Filer's total
    $217,678

  • Mindy Tanner

    Vice President of Internal Audit

    Total calculated
    $202,684
    From this org
    $179,027
    From related orgs
    $0
    Other
    $23,657
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $181,579
    Bonus
    $5,917
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,188
    Filer's total
    $202,684

  • Andrew Bellah

    Vice President of Home Lending

    Total calculated
    $197,713
    From this org
    $176,093
    From related orgs
    $0
    Other
    $21,620
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $184,209
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,504
    Filer's total
    $197,713

  • Meredith Ellis

    IT Operations Manager

    Total calculated
    $186,271
    From this org
    $148,897
    From related orgs
    $0
    Other
    $37,374
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $164,853
    Bonus
    $4,816
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,602
    Filer's total
    $186,271

  • Patty Greer

    Regional Manager

    Total calculated
    $177,917
    From this org
    $146,356
    From related orgs
    $0
    Other
    $31,561
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $166,381
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,536
    Filer's total
    $177,917

  • Jack Little

    Information Security Manager

    Total calculated
    $173,421
    From this org
    $136,661
    From related orgs
    $0
    Other
    $36,760
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $155,057
    Bonus
    $4,816
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,548
    Filer's total
    $173,421

  • Amanda Erickson

    Regional Manager

    Total calculated
    $165,485
    From this org
    $135,001
    From related orgs
    $0
    Other
    $30,484
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $153,426
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,058
    Filer's total
    $165,484

  • Russ Peters

    B.I. Development Manager

    Total calculated
    $162,725
    From this org
    $131,448
    From related orgs
    $0
    Other
    $31,277
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $145,582
    Bonus
    $4,371
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,772
    Filer's total
    $162,725

  • Theresa Beisse

    Home Loan Underwriting Manger

    Total calculated
    $156,029
    From this org
    $126,486
    From related orgs
    $0
    Other
    $29,543
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $144,590
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,439
    Filer's total
    $156,029

  • Kathy Miller

    Branch Manager V

    Total calculated
    $156,015
    From this org
    $121,388
    From related orgs
    $0
    Other
    $34,627
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $138,317
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,698
    Filer's total
    $156,015

  • James Fraley

    Vice President of Consumer Lending

    Total calculated
    $153,123
    From this org
    $131,545
    From related orgs
    $0
    Other
    $21,578
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $136,877
    Bonus
    $4,558
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,689
    Filer's total
    $153,124

  • Hamilton McJunkin

    Compliance Manager

    Total calculated
    $149,750
    From this org
    $129,212
    From related orgs
    $0
    Other
    $20,538
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $134,700
    Bonus
    $4,222
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,827
    Filer's total
    $149,749

  • Michelle Trekas

    Director of Employee Engagement

    Total calculated
    $144,460
    From this org
    $117,247
    From related orgs
    $0
    Other
    $27,213
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $129,721
    Bonus
    $4,091
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,647
    Filer's total
    $144,459

  • Kathy Dibblee

    Branch Manager IV

    Total calculated
    $144,153
    From this org
    $113,144
    From related orgs
    $0
    Other
    $31,009
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $128,998
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,155
    Filer's total
    $144,153

  • Tina Halsey

    Branch Manager IV

    Total calculated
    $143,596
    From this org
    $115,483
    From related orgs
    $0
    Other
    $28,113
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $131,722
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,875
    Filer's total
    $143,597

  • Jarod Wallace

    Home Loan Production Manager

    Total calculated
    $142,823
    From this org
    $127,319
    From related orgs
    $0
    Other
    $15,504
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $133,113
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,710
    Filer's total
    $142,823

  • Jim Jesska

    Senior Database Administrator

    Total calculated
    $141,769
    From this org
    $114,897
    From related orgs
    $0
    Other
    $26,872
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $128,496
    Bonus
    $2,699
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,574
    Filer's total
    $141,769

  • Steve Tupper

    IT Enterprise Application Manager

    Total calculated
    $141,728
    From this org
    $122,611
    From related orgs
    $0
    Other
    $19,117
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,196
    Bonus
    $4,415
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,117
    Filer's total
    $141,728

  • Vanessa Wagoner

    Branch Development Manager

    Total calculated
    $136,807
    From this org
    $115,510
    From related orgs
    $0
    Other
    $21,297
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,215
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,593
    Filer's total
    $136,808

  • Ryan Kane

    Accounting Manager

    Total calculated
    $134,354
    From this org
    $108,565
    From related orgs
    $0
    Other
    $25,789
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $120,299
    Bonus
    $3,588
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,466
    Filer's total
    $134,353

  • Angie Stempson

    Marketing Manager

    Total calculated
    $132,990
    From this org
    $101,529
    From related orgs
    $0
    Other
    $31,461
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $112,433
    Bonus
    $3,318
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,239
    Filer's total
    $132,990

  • Jennifer Baker

    Home Loan Support/Compliance Manager

    Total calculated
    $127,679
    From this org
    $107,731
    From related orgs
    $0
    Other
    $19,948
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $112,826
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,853
    Filer's total
    $127,679

  • Jessica Rutledge

    Collection Manager

    Total calculated
    $127,405
    From this org
    $100,932
    From related orgs
    $0
    Other
    $26,473
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $111,676
    Bonus
    $3,318
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,411
    Filer's total
    $127,405

  • Brooke Lolnitz

    Branch Manager IV

    Total calculated
    $124,106
    From this org
    $105,449
    From related orgs
    $0
    Other
    $18,657
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $113,285
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,822
    Filer's total
    $124,107

  • Alicia Wingren

    Systems Adminstrator

    Total calculated
    $123,217
    From this org
    $100,952
    From related orgs
    $0
    Other
    $22,265
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $106,219
    Bonus
    $2,447
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,551
    Filer's total
    $123,217

  • Oliver Scott

    Business Loan Officer

    Total calculated
    $122,256
    From this org
    $100,594
    From related orgs
    $0
    Other
    $21,662
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $105,375
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,881
    Filer's total
    $122,256

  • Shawna Maher

    Branch Development Manager

    Total calculated
    $121,922
    From this org
    $103,809
    From related orgs
    $0
    Other
    $18,113
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $111,428
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,494
    Filer's total
    $121,922

  • Kris Randall

    Director of Contact Center

    Total calculated
    $120,141
    From this org
    $102,791
    From related orgs
    $0
    Other
    $17,350
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $110,494
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,648
    Filer's total
    $120,142

  • Kimberly Gallagher

    Policy & Procedure Program Manager

    Total calculated
    $118,778
    From this org
    $100,478
    From related orgs
    $0
    Other
    $18,300
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $104,452
    Bonus
    $3,444
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,882
    Filer's total
    $118,778

  • Anthony Curtis

    Director of Project Management

    Total calculated
    $118,326
    From this org
    $103,562
    From related orgs
    $0
    Other
    $14,764
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $103,487
    Bonus
    $3,998
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,841
    Filer's total
    $118,326

  • Kevin Edwards

    Network Administrator

    Total calculated
    $112,490
    From this org
    $101,188
    From related orgs
    $0
    Other
    $11,302
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $99,584
    Bonus
    $2,599
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,308
    Filer's total
    $112,491

  • Wendy Hall

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Kurt Sacha

    Board Chairman

    Total calculated
    $0
    Hours/week
    1

  • Erin Hart

    Board Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Tamra Ghilchrist

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Cindy Brado

    Board Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Vasiliy Pisarchuk

    Board Secretary

    Total calculated
    $0
    Hours/week
    1

  • Malia AU

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mark Hottowe

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mike Claxton

    Board Member

    Total calculated
    $0
    Hours/week
    1

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

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 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)

Schedule J, Part I, Line 1a
The Credit Union pays for officers', key employees', and highest compensated employees' spouses when accompanying on business trips.
Schedule J, Part I, Line 3
The CEO's compensation is determined by the Board of Directors.
Schedule J, Part I, Line 4
David Spaulding, President/CEO, received a payout of $500,000 from his 457(f).

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.

  • CU Concepts

    C · Financial Management · WA · 100% owned · controlled entity

    Directly controlled by Red Canoe Credit Union

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202441359349309449

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

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