Nonprofit · EIN 91-0564946
CREDIT UNIONS IN THE STATE OF WASHINGTON
Also known as PRIMESOURCE CREDIT UNION
Tax-exempt · SPOKANE, WA 99228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,004,120 | $5,203,529 | -$199,409 | $89,701,590 | $827,795 | $88,873,795 |
| December 31, 2024 | 990 | $5,189,309 | $5,186,527 | $2,782 | $93,727,205 | $981,068 | $92,746,137 |
| December 31, 2023 | 990 | $4,742,592 | $4,585,677 | $156,915 | $93,946,120 | $4,204,241 | $89,741,879 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,951,573
- Investment income
- $789,745
- Other revenue
- $262,802
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,190,944
- Compensation of officers, directors and key employees
- $166,902
- Other salaries and wages
- $890,602
- Salaries, compensation and benefits (total)
- $1,410,378
- Professional fundraising fees
- $0
- Legal fees
- $707
- Accounting fees
- $99,896
- Occupancy
- $249,958
- Depreciation
- $160,941
- Program services (functional)
- $5,203,529
Balance sheet and other
- Total assets, start of year
- $93,727,205
- Total assets, end of year
- $89,701,590
- Total liabilities, end of year
- $827,795
- Net assets, end of year
- $88,873,795
- Land, buildings and equipment
- $4,206,313
- Gross receipts
- $5,004,120
- Employees
- 23
- Volunteers
- 7
- Year formed
- 1935
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Annettee Babb | CEO Officer, Key employee, Highest-paid employee | 40 | $166,902 |
| John McCroskey | Board Member Trustee or director | 0 | $0 |
| Kim Crompton | Board Member Secretary Trustee or director | 0 | $0 |
| Conrad Band | Board Member - Vice Chair Trustee or director | 0 | $0 |
| Karol Price | Supervisory Committee - Chair Trustee or director | 0 | $0 |
| Terry Holbrook | Board Member Trustee or director | 0 | $0 |
| Susan Gordon | Supervisory Committee Member and Secretary Trustee or director | 0 | $0 |
| Clint Price | Board Member - Chair Trustee or director | 0 | $0 |
| Rita Heldenbrand | Board Member Trustee or director | 0 | $0 |
| Josefina Mields | Supervisory Committee Member Trustee or director | 0 | $0 |
| Jay Bellefeuille | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Annettee Babb | CEO Officer, Key employee, Highest-paid employee | 40 | $178,994 |
| John McCroskey | Board Member Trustee or director | 0 | $0 |
| Kim Crompton | Board Member Secretary Trustee or director | 0 | $0 |
| Conrad Band | Board Member - Vice Chair Trustee or director | 0 | $0 |
| Karol Price | Supervisory Committee - Chair Trustee or director | 0 | $0 |
| Terry Holbrook | Board Member Trustee or director | 0 | $0 |
| Susan Gordon | Supervisory Committee Member and Secretary Trustee or director | 0 | $0 |
| Clint Price | Board Member - Chair Trustee or director | 0 | $0 |
| Rita Heldenbrand | Board Member Trustee or director | 0 | $0 |
| Josefina Mields | Supervisory Committee Member Trustee or director | 0 | $0 |
| Jim Dillon | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Annettee Babb | CEO Officer, Key employee, Highest-paid employee | 40 | $167,982 |
| Homer Todd | Board Member Trustee or director | 0 | $0 |
| Kim Crompton | Board Member Secretary Trustee or director | 0 | $0 |
| Conrad Band | Board Member Trustee or director | 0 | $0 |
| Karol Price | Supervisory Committee - Chair Trustee or director | 0 | $0 |
| Terry Holbrook | Supervisory Committee Member and Secretary Trustee or director | 0 | $0 |
| Susan Gordon | Supervisory Committee Member Trustee or director | 0 | $0 |
| Clint Price | Board Member - Chair Trustee or director | 0 | $0 |
| Rita Heldenbranch | Board Member Trustee or director | 0 | $0 |
| Sherman Franklin | Board Member Vice Chair Trustee or director | 0 | $0 |
| Jim Dillon | Board Member Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 48275, SPOKANE, WA 99228-1275
- In care of
- % MARGARET BURKHOLZ
- Principal officer (990 for 2025)
- Annettee Babb, 9707 North Nevada Street, Spokane, WA 992181275
- Signed the 990
- Annettee Babb, CEO
- Phone
- (509) 838-6157
- Website
- primesourcecu.org
Mission
The credit union operated without profit for mutual purposes
Program accomplishments
- Credit Union Programs: Providing financial services to members. These include, but are not limited to, Loans and Savings programs. The services are provided by employees and non-paid volunteers.Expenses $5,203,529 · revenue $5,004,119
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-0564946
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1269: CREDIT UNIONS IN THE STATE OF WASHINGTON
- Assets (IRS master file)
- $89,701,590
- Income (IRS master file)
- $5,004,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,004,120 | $5,203,529 | $89,701,590 | XML |
| 990 | December 2024 | $5,189,309 | $5,186,527 | $93,727,205 | IRS |
| 990 | December 2023 | $4,742,592 | $4,585,677 | $93,946,120 | XML |
| 990 | December 2022 | $4,083,346 | $3,980,870 | $97,663,937 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-0564946).
Questions about CREDIT UNIONS IN THE STATE OF WASHINGTON
- What is the EIN of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF WASHINGTON is 91-0564946.
- Is CREDIT UNIONS IN THE STATE OF WASHINGTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1954.
- Are donations to CREDIT UNIONS IN THE STATE OF WASHINGTON tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF WASHINGTON file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS IN THE STATE OF WASHINGTON due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS IN THE STATE OF WASHINGTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The 990 for the year ended December 31, 2025 names Annettee Babb.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $166,902 (Annettee Babb, CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF WASHINGTON have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,004,120, expenses of $5,203,529 and total assets of $89,701,590 at year end.
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