- Revenue 2024
- $48,232,886
- Expenses 2024
- $47,200,102
As filed
- Subsection
- 14
- Classification
- 1000
- Street
- 11027 MERIDIAN AVE N STE 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
Mission
SEE SCHEDULE OA COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, VERITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Activities or mission (Part I)
A COOPERATION ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS.
-
VERITY CREDIT UNION IS A WASHINGTON STATE CHARTERED CREDIT UNION THAT SERVES 36,530 MEMBER OWNERS. VERITY'S PRIMARY FIELD OF MEMBERSHIP INCLUDES ALL INDIVIDUALS THAT RESIDE, WORK, WORSHIP, OR ATTEND SCHOOL IN ANY WASHINGTON STATE SCHOOL DISTRICT. VERITY OFFERS A FULL RANGE OF DEPOSIT, LOAN, AND INVESTMENT PRODUCTS AND SERVICES THROUGH SIX FULL BRANCHES, A CALL CENTER, AND ONLINE ACCOUNT SERVICES.
-
VERITY CREDIT UNION OFFERS A FULL-SERVICE INVESTMENT PROGRAM WITH THREE REGISTERED INVESTMENT REPRESENTATIVES AND A SUPPORT REPRESENTATIVE. AS OF DECEMBER 31, 2024, VERITY'S INVESTMENT SERVICES PROGRAM HAD 1,071 MEMBERS WHO HAVE 2,203 ACCOUNTS, AND $257,296,828 IN ASSETS UNDER MANAGEMENT.
-
VERITY CREDIT UNION OFFERS FREE FINANCIAL COUNSELING TO ITS MEMBERS. SPECIFIC SERVICES INCLUDE FINANCIAL PLANNING, DEBT MODIFICATION ON LOANS FROM VERITY AND OTHER CREDITORS, AND DIRECT ASSISTANCE IN UTILIZING THE GOVERNMENT SPONSORED MORTGAGE RELIEF PROGRAMS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
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.
-
TONITA WEBB
PRESIDENT - CEO
- Total calculated
- $613,924
- From this org
- $579,850
- From related orgs
- $0
- Other
- $34,074
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $501,566
- Bonus
- $72,691
- Other
- $5,593
- Deferred
- $16,904
- Nontaxable benefits
- $17,170
- Filer's total
- $613,924
-
BRAD TANBERG
CHIEF FINANCIAL OFFICER (THRU 12/24)
- Total calculated
- $344,725
- From this org
- $316,281
- From related orgs
- $0
- Other
- $28,444
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $283,238
- Bonus
- $32,527
- Other
- $516
- Deferred
- $16,812
- Nontaxable benefits
- $11,632
- Filer's total
- $344,725
-
KEN BUTLER
DIRECTOR OF INVESTMENT SERVICES
- Total calculated
- $297,360
- From this org
- $274,167
- From related orgs
- $0
- Other
- $23,193
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $73,456
- Bonus
- $19,911
- Other
- $180,800
- Deferred
- $14,536
- Nontaxable benefits
- $8,657
- Filer's total
- $297,360
-
ALMA GRANIC
CHIEF RISK OFFICER
- Total calculated
- $294,663
- From this org
- $267,774
- From related orgs
- $0
- Other
- $26,889
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,005
- Bonus
- $27,563
- Other
- $206
- Deferred
- $14,986
- Nontaxable benefits
- $11,903
- Filer's total
- $294,663
-
TINA NARRON
CHIEF LENDING OFFICER (THRU 9/24)
- Total calculated
- $282,790
- From this org
- $264,612
- From related orgs
- $0
- Other
- $18,178
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,572
- Bonus
- $27,326
- Other
- $52,714
- Deferred
- $12,716
- Nontaxable benefits
- $5,462
- Filer's total
- $282,790
-
ZIQUORA BANKS
CHIEF IMPACT STRATEGY OFFICER
- Total calculated
- $245,263
- From this org
- $225,684
- From related orgs
- $0
- Other
- $19,579
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,313
- Bonus
- $23,234
- Other
- $137
- Deferred
- $11,387
- Nontaxable benefits
- $8,192
- Filer's total
- $245,263
-
JOSH SIDELL
CHIEF EXPERIENCE OFFICER
- Total calculated
- $236,148
- From this org
- $224,765
- From related orgs
- $0
- Other
- $11,383
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,384
- Bonus
- $23,234
- Other
- $147
- Deferred
- $10,790
- Nontaxable benefits
- $593
- Filer's total
- $236,148
-
BRENT RICHINS
VICE PRESIDENT OF OPERATIONS
- Total calculated
- $215,257
- From this org
- $192,121
- From related orgs
- $0
- Other
- $23,136
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,422
- Bonus
- $13,265
- Other
- $434
- Deferred
- $11,504
- Nontaxable benefits
- $11,632
- Filer's total
- $215,257
-
JAVIER D'AGUSTINI
CONTROLLER
- Total calculated
- $205,048
- From this org
- $182,498
- From related orgs
- $0
- Other
- $22,550
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,922
- Bonus
- $15,000
- Other
- $576
- Deferred
- $10,918
- Nontaxable benefits
- $11,632
- Filer's total
- $205,048
-
DALE MORRIS
VICE PRESIDENT OF RETAIL OPERATIONS
- Total calculated
- $194,424
- From this org
- $179,150
- From related orgs
- $0
- Other
- $15,274
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,817
- Bonus
- $14,766
- Other
- $567
- Deferred
- $7,082
- Nontaxable benefits
- $8,192
- Filer's total
- $194,424
-
PIERJEA LYON
DIRECTOR OF HR
- Total calculated
- $194,358
- From this org
- $170,777
- From related orgs
- $0
- Other
- $23,581
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,309
- Bonus
- $14,111
- Other
- $357
- Deferred
- $10,127
- Nontaxable benefits
- $13,454
- Filer's total
- $194,358
-
WILL COLLINS
CHAIR PERSON
- Total calculated
- $0
- Hours/week
- 5
-
MICHELLE PHAM
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 5
-
NICHOLAS ETSCHEID
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
DARIUS CHEHRZAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
VIKASH CHHAGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
TOM HOLZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
ALEX JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
CHAD KLEMME
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
WELEY NGUYEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
NANCY WOODLAND
BOARD MEMBER (THRU 2/24)
- Total calculated
- $0
- Hours/week
- 5
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
- $48,232,886
- Expenses
- $47,200,102
- Contributions
- $0
- Grants paid
- $185,486
-
2023
- Revenue
- $45,931,618
- Expenses
- $45,645,854
- Contributions
- $627,000
- Grants paid
- $190,829
-
2023
- Revenue
- $45,304,618
- Expenses
- $45,018,854
- Contributions
- $0
- Grants paid
- $190,829
-
2022
- Revenue
- $38,343,946
- Expenses
- $30,623,047
- Contributions
- $0
- Grants paid
- $99,988
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
- $35,849,734
- Expenses
- $28,147,812
- Assets (EOY)
- $786,265,441
-
2020 · 990
- Revenue
- $32,916,475
- Expenses
- $31,338,323
- Assets (EOY)
- $692,415,165
-
2019 · 990
- Revenue
- $35,340,037
- Expenses
- $31,432,617
- Assets (EOY)
- $632,831,218
-
2018 · 990
- Revenue
- $30,676,718
- Expenses
- $26,867,176
- Assets (EOY)
- $586,322,977
-
2017 · 990
- Revenue
- $26,237,468
- Expenses
- $23,698,398
- Assets (EOY)
- $530,157,055
-
2016 · 990
- Revenue
- $24,864,769
- Expenses
- $23,502,904
- Assets (EOY)
- $505,269,501
-
2015 · 990
- Revenue
- $23,211,269
- Expenses
- $20,252,523
- Assets (EOY)
- $480,799,813
-
2014 · 990
- Revenue
- $22,946,556
- Expenses
- $19,855,502
- Assets (EOY)
- $444,186,282
-
2013 · 990
- Revenue
- $27,535,849
- Expenses
- $22,200,594
- Assets (EOY)
- $427,238,627
-
2012 · 990
- Revenue
- not reported
- Expenses
- $22,811,787
- Assets (EOY)
- $396,732,179
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
-
$30,000
2024 TSM EXECUTIVE SPONSORSHIP
-
NATIONAL CREDIT UNION FOUNDATION
$25,000
2023 FINANCIAL HEALTH COLLABORATION AND SUPPORT.
-
$20,000
2024 CHARITABLE DONATION
-
$20,000
2023 FINANCIAL EDUCATION FOR YOUTH SUMMER PROGRAM.
-
$15,000
2023 ECONOMIC AND EDUCATIONAL EQUITY FOR DISADVANTAGED SMALL BUSINESSES AND NONPROFITS.
-
$15,000
2022 LEADERSHIP MATCHING FUND, READY FOR BUSINESS ADMINISTRATION SUPPORT, AND READY FOR BUSINESS CAMPAIGN INVESTING
-
$13,000
2023 COMMUNITY EQUITY INITIATIVE & SUMMER PROGRAMMING FOR NON-PROFIT CAPACITY BUILDING.
-
$10,000
2022 FUNDING FOR CITY'S WATERFRONT SEATTLE PROJECT: CREATION OF A PARK ALONG THE CENTRAL SHORELINE TO BENEFIT THE PUBLIC
-
$10,000
2023 SUPPORTING THE 100TH YEAR OF COMBATTING HYPERTENSION IN COMMUNITIES AND HEART HEALTH.
-
$10,000
2022 FUNDING TO SUPPORT THE ARTS IN THE PACIFIC NORTHWEST
The 10 largest by cash amount. The API serves every itemized grant.
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.
Declared as related by
-
NORTHWEST FINANCIAL ASSOCIATIONS EBT
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
CU HOME MORTGAGE SOLUTIONS LLC
MORTGAGE PROCESSING AND SERVICING · WA · income -$16,839 · assets $8,061,490
Related corporations and trusts on its 2024 return
-
CHARITABLE LEAD TRUST
T · WA
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.