CREDIT UNIONS IN THE STATE OF WASHI NGTON

As filed

Subsection

14

Classification

1000

Street

24000 35TH AVE SE 200

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-6055937). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• INTEREST EXPENSE IN THE AMOUNT OF $16,652,650 WAS PAID TO MEMBERS FOR MONEY ON DEPOSIT AT THE CREDIT UNION. DEPOSIT ACCOUNTS EARNING INTEREST INCLUDE CHECKING, SAVINGS, MONEY MARKET, IRA, AND CERTIFICATE OF DEPOSIT ACCOUNTS. THE CREDIT UNION HAS ABOUT 67,000 DEPOSIT ACCOUNTS THAT CAN EARN INTEREST.

• THE CREDIT UNION EXPENSED $7,506,406 IN PROVISION FOR LOAN LOSS COSTS FOR THE YEAR. THE EXPENSE WAS TO FUND THE ACCRUAL FOR DOUBTFUL LOANS ON THE BALANCE SHEET. THE CREDIT UNION HAS ABOUT 36,000 OPEN LOAN ACCOUNTS.

• THE CREDIT UNION EXPENSED $1,357,431 DURING THE YEAR FOR LOAN SERVICING COSTS. THESE COSTS WERE PAID TO ORIGINATE AND SERVICE LOANS TO MEMBERS. THE CREDIT UNION HAS ABOUT 36,000 OPEN LOAN ACCOUNTS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $58,863,677

  Expenses

  $49,819,511

  Contributions

  $0

  Grants paid

  $25,000

• 2023

  Revenue

  $52,455,108

  Expenses

  $45,480,230

  Contributions

  $0

  Grants paid

  $25,913

• 2022

  Revenue

  $35,866,616

  Expenses

  $25,023,764

  Contributions

  $0

  Grants paid

  $31,250

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $39,989,518

  Expenses

  $25,471,364

  Assets (EOY)

  $811,506,750

• 2020 · 990

  Revenue

  $38,241,768

  Expenses

  $30,025,249

  Assets (EOY)

  $733,482,561

• 2019 · 990

  Revenue

  $38,501,994

  Expenses

  $28,865,374

  Assets (EOY)

  $630,180,342

• 2018 · 990

  Revenue

  $32,561,678

  Expenses

  $25,719,992

  Assets (EOY)

  $589,208,613

• 2017 · 990

  Revenue

  $26,761,156

  Expenses

  $22,481,490

  Assets (EOY)

  $594,269,954

• 2016 · 990

  Revenue

  $22,780,500

  Expenses

  $18,385,129

  Assets (EOY)

  $471,645,991

• 2015 · 990

  Revenue

  $20,754,667

  Expenses

  $16,507,908

  Assets (EOY)

  $413,167,721

• 2014 · 990

  Revenue

  $18,933,876

  Expenses

  $14,761,547

  Assets (EOY)

  $373,370,188

• 2013 · 990

  Revenue

  $19,335,710

  Expenses

  $15,311,078

  Assets (EOY)

  $345,713,438

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $17,637,695

  Assets (EOY)

  $327,726,412

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• BOYS AND GIRLS CLUB

  $31,250

  2022 · TO ENRICH LIVES OF KIDS AND THEIR FAMILIES IN THE COMMUNITY.

• BOYS AND GIRLS CLUB

  $25,000

  2024 · TO ENRICH LIVES OF KIDS AND THEIR FAMILIES IN THE COMMUNITY.

• BOYS AND GIRLS CLUB

  $25,000

  2023 · TO ENRICH LIVES OF KIDS AND THEIR FAMILIES IN THE COMMUNITY.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files