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Nonprofit · EIN 91-0683062

CREDIT UNIONS IN THE STATE OF WASHINGTON

Also known as WASHINGTON STATE EMPLOYEES CREDIT U

Tax-exempt · OLYMPIA, WA 98501

Financials

$317.9M$289.3M2023$336M$331.4M2024
Revenue Expenses · by fiscal year end
Financials of CREDIT UNIONS IN THE STATE OF WASHINGTON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$335,996,713$331,443,360$4,553,353$5,165,066,329$4,771,120,080$393,946,249
December 31, 2023990$317,874,177$289,348,460$28,525,717$5,357,264,547$4,972,716,307$384,548,240
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$306,327,975
Investment income
$28,832,852
Net rental income
$835,886
Other revenue
$835,886

Expenses

Grants and similar amounts paid
$986,000
Compensation of officers, directors and key employees
$4,960,405
Other salaries and wages
$67,033,219
Salaries, compensation and benefits (total)
$99,468,717
Professional fundraising fees
$0
Legal fees
$276,956
Accounting fees
$119,949
Occupancy
$7,941,308
Travel
$410,020
Depreciation
$7,795,312

Balance sheet and other

Total assets, start of year
$5,357,264,547
Total assets, end of year
$5,165,066,329
Total liabilities, end of year
$4,771,120,080
Net assets, end of year
$393,946,249
Land, buildings and equipment
$100,775,879
Publicly traded securities
$667,153,797
Gross unrelated business income
$205,559
Gross receipts
$335,996,713
Employees
953
Volunteers
36
Year formed
1957
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GARY SWINDLERPRESIDENT/CEO
Officer
40$2,170,133$266,121
PAUL KIRKBRIDECHIEF OPERATING OFFICER
Key employee
40$635,866$78,464
RANDY GUNDERSONCHIEF FINANCIAL OFFICER
Officer
40$609,789$76,176
EMILY FRIESENCHIEF MARKETING & ANALYTICS OFFICER
Key employee
40$440,784$64,209
JULIE LINDCHIEF LENDING OFFICER
Key employee
40$426,039$63,456
JUDITH HENDERSONCHIEF TECHNOLOGY OFFICER
Key employee
40$404,880$59,956
JEFF REESEFINANCIAL ADVISOR
Highest-paid employee
40$294,974$25,008
RYAN BROOKSCHIEF DIGITAL OFFICER
Key employee
40$272,464$46,373
KIMBERLY DUFFYVP PEOPLE & CULTURE SERVICES
Highest-paid employee
40$296,224$22,096
ANN FLANNIGANVP PUBLIC RELATIONS
Highest-paid employee
40$283,040$21,009
PETAR JELINICVP BUSINESS LENDING
Highest-paid employee
40$281,907$20,729
AARON ROBELVP INFORMATION SECURITY AND FRAUD
Highest-paid employee
40$277,191$20,868
JAMILA THOMASCHIEF ADMINISTRATIVE OFFICER
Key employee
40$287,346$819
TRACY GUERINBOARD MEMBER
Trustee or director
1$2,279$0
CAROLE WASHBURNBOARD MEMBER
Trustee or director
1$2,123$0
7 more people on this return
NameTitleHours / weekCompensation
VIKKI SMITHBOARD SECRETARY
Trustee or director
1$1,867
MARCUS GLASPARBOARD VICE CHAIR
Trustee or director
1$1,750
STEVE LERCHBOARD MEMBER
Trustee or director
1$1,594
JOSEPH PEARSONBOARD MEMBER
Trustee or director
1$1,172
STACIA HOLLARBOARD MEMBER
Trustee or director
1$1,128
VERONICA BRONKEMABOARD CHAIR
Trustee or director
1$736
DOUG MAHBOARD MEMBER
Trustee or director
1$707
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
GARY SWINDLERPRESIDENT - CEO
Officer
40$1,415,924$332,099
SHARON WHITEHEADCHIEF ADMINISTRATIVE OFFICER
Key employee
40$834,255$94,407
PAUL KIRKBRIDECHIEF OPERATING OFFICER
Key employee
40$681,120$110,615
RANDY GUNDERSONCHIEF FINANCIAL OFFICER
Officer
40$550,241$106,956
JULIE LINDCHIEF LENDING OFFICER
Key employee
40$295,079$142,271
JUDITH HENDERSONCHIEF TECH & OPS OFFICER/CEO QCF
Key employee
40$313,304$73,091
EMILY FRIESENCHIEF MARKETING & ANALYTICS OFFICER
Key employee
40$357,545$28,409
JEFF AMIRALENDING OFFICER - SEATTLE AREA
Highest-paid employee
40$326,488$55,223
JEFF REESEFINANCIAL ADVISOR
Highest-paid employee
40$337,237$40,111
RYAN BROOKSCHIEF DIGITAL OFFICER
Key employee
40$215,806$135,273
MARY EVANSLENDING OFFICER - SEATTLE AREA
Highest-paid employee
40$287,302$48,732
KIM DUFFYVP, PEOPLE & CULTURE SERVICES
Highest-paid employee
40$274,993$51,192
CAROLE SULLIVANLENDING OFFICER - SEATTLE AREA
Highest-paid employee
40$266,015$21,631
TRUDY SOUCOUPBOARD MEMBER
Trustee or director
1$4,800$0
VERONICA BRONKEMABOARD VICE CHAIR
Trustee or director, Officer
1$3,641$0
DOUG MAHBOARD CHAIR
Trustee or director, Officer
1$3,006$0
VIKKI SMITHBOARD MEMBER
Trustee or director
1$2,304$0
MIKE VANDERLINDEBOARD MEMBER
Trustee or director
1$2,250$0
CAROLE WASHBURNBOARD PAST CHAIR
Trustee or director, Officer
1$1,967$0
STACIA HOLLARBOARD MEMBER
Trustee or director
1$1,550$0
TRACY GUERINBOARD MEMBER
Trustee or director
1$1,223$0
MARCUS GLASPERBOARD SECRETARY
Trustee or director, Officer
1$0$0
JOSEPH PEARSONBOARD MEMBER
Trustee or director
1$0$0
STEVE LEARCHBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
330 EAST UNION, OLYMPIA, WA 98501-2062
Mailing address (990-N for 2022)
PO BOX 594, Medical Lake WA 99022
Principal officer (990 for 2024)
GARY SWINDLER, PO BOX WSECU, OLYMPIA, WA 985070099
Signed the 990
GARY SWINDLER, CEO
Phone
(360) 943-7911
Return prepared by
DOEREN MAYHEW

Mission

TO PROVIDE SERVICES TO MEMBERS WHICH ARE MANDATED IN THE CREDIT UNION ACT TO CHARTERS AND TO PROVIDE A MEANS WHEREBY MEMBERS CAN PROVIDE EACH OTHER WITH NEEDED FINANCIAL SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • SAVINGS AND CHECKING: WE KNOW DIFFERENT MEMBERS HAVE DIFFERENT NEEDS AND THAT'S WHY WE OFFER A VARIETY OF CHECKING AND SAVINGS ACCOUNTS. WSECU CAN HELP MEMBERS MAKE MANAGING THEIR BUDGETS SIMPLE AS THEY WORK TOWARDS THEIR FINANCIAL GOALS. MEMBERS CAN ACCESS THEIR ACCOUNTS ANY TIME OF THE DAY OR NIGHT WITH THEIR DEBIT OR ATM CARD. WSECU IS A PROUD PARTNER OF THE CO-OP NETWORK, OFFERING MEMBERS FREE ACCESS TO 25,000 ATMS ACROSS THE UNITED STATES.
  • LOANS: FROM THE CARS MEMBERS DRIVE TO THE UNTAPPED EQUITY IN THEIR HOMES, WSECU LOANS ARE DESIGNED TO GIVE MEMBERS THE UTMOST BUYING POWER AND PAYMENT FLEXIBILITY. BACKED WITH OUR OUTSTANDING SERVICE, THERE IS SIMPLY NO BETTER PLACE TO GO FOR MEMBERS' LENDING NEEDS.
  • CREDIT CARDS: WSECU PROVIDES A VARIETY OF CREDIT CARD OPTIONS TO MEET THE VARIED LIFESTYLES OF OUR MEMBERS. EACH OPTION INCLUDES THE VALUE OF A VARIABLE INTEREST RATE, NO ANNUAL FEE, PLUS THE COST-SAVINGS BENEFIT OF A 25-DAY GRACE PERIOD ON NEW PURCHASES, AND THE PURCHASING POWER OF THE MOST RECOGNIZED CREDIT CARD IN THE WORLD. EACH OF OUR CREDIT CARD OPTIONS PROVIDES UNIQUE FEATURES AND BENEFITS. FROM HIGHER SPENDING LIMITS TO REWARDS PROGRAMS TO FIRST-TIME CARDHOLDERS ESTABLISHING CREDIT, WSECU MEMBERS HAVE AN EXCITING RANGE OF CREDIT CARD OPTIONS FROM WHICH TO CHOOSE.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-0683062
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
Assets (IRS master file)
$5,165,066,329
Income (IRS master file)
$335,996,713

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$335,996,713$331,443,360$5,165,066,329XML
990December 2023$317,874,177$289,348,460$5,357,264,547XML
990-N for 2022December 31, 2022≤ $50,000 receipts––e-Postcard
990December 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 91-0683062).

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 91-0683062.
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 2025 (the year ending December 31, 2025) is due May 15, 2026. 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 2024.
Who is the principal officer of CREDIT UNIONS IN THE STATE OF WASHINGTON?
The 990 for the year ended December 31, 2024 names GARY SWINDLER.
Who are the officers and directors of CREDIT UNIONS IN THE STATE OF WASHINGTON?
The 990 for the year ended December 31, 2024 lists 22 people; 22 received compensation from the organization, the highest $2,170,133 (GARY SWINDLER, PRESIDENT/CEO).
How much revenue does CREDIT UNIONS IN THE STATE OF WASHINGTON have?
On its 990 for the year ended December 31, 2024 it reported revenue of $335,996,713, expenses of $331,443,360 and total assets of $5,165,066,329 at year end.

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