Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 91-6049071

SOLARITY CREDIT UNION

Tax-exempt · YAKIMA, WA 98902

Financials

$42.9M$37.8M2023$45.9M$42.1M2024
Revenue Expenses · by fiscal year end
Financials of SOLARITY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$45,897,339$42,140,734$3,756,605$813,766,927$685,842,302$127,924,625
December 31, 2023990$42,914,902$37,764,818$5,150,084$866,571,663$742,724,286$123,847,377
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$40,939,094
Investment income
$4,935,887
Net rental income
$22,358
Other revenue
$22,358

Expenses

Grants and similar amounts paid
$289,152
Benefits paid to members
$9,299,761
Compensation of officers, directors and key employees
$2,998,036
Other salaries and wages
$8,650,475
Salaries, compensation and benefits (total)
$15,591,893
Professional fundraising fees
$0
Legal fees
$170,500
Accounting fees
$91,072
Occupancy
$726,165
Travel
$332,755
Depreciation
$1,317,104

Balance sheet and other

Total assets, start of year
$866,571,663
Total assets, end of year
$813,766,927
Total liabilities, end of year
$685,842,302
Net assets, end of year
$127,924,625
Land, buildings and equipment
$12,417,460
Publicly traded securities
$53,785,574
Gross unrelated business income
$60,570
Gross receipts
$45,901,114
Employees
208
Volunteers
10
Year formed
1951
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
MINA WORTHINGTONCHIEF EXECUTIVE OFFICER
Officer
40$768,049$55,095
CARRIE MOORECHIEF OPERATING OFFICER
Officer
40$328,918$52,811
STEVEN BROWNCHIEF LENDING OFFICER
Officer
40$323,603$42,496
DAVID ELDREDCHIEF EXPERIENCE OFFICER
Officer
40$312,618$39,160
RALPH CUMBEECHIEF COMMUNICATIONS OFFIC
Officer
40$295,532$41,588
LISA ADAMIAKCHIEF FINANCIAL OFFICER
Officer
40$269,715$36,280
STEVE SHEADCHIEF INFORMATION OFFICER (RESIGNED 06/27/24)
Officer
40$243,194$20,980
MICHELLE HATTONVP BUSINESS SOLUTIONS
Highest-paid employee
40$207,711$25,720
SARA WALLBAUMVP MEMBER SERVICES
Highest-paid employee
40$204,462$14,794
TINA TORRESVP RISK MANAGEMENT
Highest-paid employee
40$186,057$14,814
MANDY OLSONVP CUSTOMER EXPERIENCE
Highest-paid employee
40$142,516$12,782
JAMES WISEBUSINESS SOLUTIONS MANAGER
Highest-paid employee
40$145,584$9,497
MERRILOU HARRISONVICE CHAIR
Trustee or director, Officer
1$19,500$0
TERRY MORGANCHAIRMAN
Trustee or director, Officer
1$18,500$0
RYAN SMITHDIRECTOR
Trustee or director
1$17,500$0
7 more people on this return
NameTitleHours / weekCompensation
JAMES HURLEYDIRECTOR
Trustee or director
1$16,500
REGAN MYERSSECRETARY
Trustee or director, Officer
1$16,000
MICHAEL MEYERDIRECTOR
Trustee or director
1$16,000
DOUG NICHOLSONDIRECTOR
Trustee or director
1$16,000
VICKI LARIOSDIRECTOR
Trustee or director
1$16,000
ANGIE VON ESSENDIRECTOR
Trustee or director
1$16,000
ANGELA GONZALEZDIRECTOR
Trustee or director
1$16,000
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
MINA WORTHINGTONCHIEF EXECUTIVE OFFICER
Officer
40$670,327$51,171
RALPH CUMBEECHIEF COMMUNICATIONS OFFICER
Officer
40$328,714$38,193
STEVE SHEADCHIEF INFORMATION OFFICER
Officer
40$313,079$35,738
STEVEN BROWNCHIEF LENDING OFFICER
Officer
40$281,824$49,918
DAVID ELDREDCHIEF EXPERIENCE OFFICER
Officer
40$261,471$36,818
CARRIE GABBARDCHIEF OPERATING OFFICER
Officer
40$247,777$46,402
LISA ADAMIAKCHIEF FINANCIAL OFFICER
Officer
40$248,414$32,452
MICHELLE HATTONVP BUSINESS SOLUTIONS
Highest-paid employee
40$180,070$22,619
SARA WALLBAUMVP MEMBER SERVICES
Highest-paid employee
40$170,207$13,786
TINA TORRESVP RISK MANAGEMENT
Highest-paid employee
40$153,440$13,164
DEBBIE INGLEVP HOME LOAN PRODUCTION (THRU 1/3/23)
Highest-paid employee
40$152,064$2,517
SARAH WELCHVP LOAN SERVICING (THRU 6/30/23)
Highest-paid employee
40$131,111$11,533
TERRY MORGANCHAIRMAN
Trustee or director, Officer
1$20,000$0
MERRILOU HARRISONVICE CHAIR
Trustee or director, Officer
1$18,000$0
JAMES HURLEYDIRECTOR
Trustee or director
1$18,000$0
REGAN MYERSSECRETARY
Trustee or director, Officer
1$16,000$0
MICHAEL MEYERDIRECTOR
Trustee or director
1$16,000$0
DOUG NICHOLSONDIRECTOR
Trustee or director
1$16,000$0
VICKI LARIOSDIRECTOR
Trustee or director
1$16,000$0
ANGIE VON ESSENDIRECTOR
Trustee or director
1$16,000$0
ANGELA GONZALEZDIRECTOR
Trustee or director
1$16,000$0
RYAN SMITHDIRECTOR
Trustee or director
1$16,000$0

Address and contacts

Address (IRS master file)
110 N 5TH AVE, YAKIMA, WA 98902-2642
In care of
% COLETTE STEWART
Principal officer (990 for 2024)
MINA WORTHINGTON, PO BOX 2922, YAKIMA, WA 98907
Signed the 990
MINA WORTHINGTON, PRESIDENT/CEO
Phone
(509) 248-1720
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

A RELATIONSHIP WITH SOLARITY PROVIDES THE BEST POSSIBLE VALUE FOR ENGAGED MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • WE PROVIDE FINANCIAL SERVICES TO OVER 55,000 CONSUMER AND BUSINESS MEMBERS. OUR OFFERINGS ENCOMPASS REAL ESTATE LOANS, BOTH SECURED AND UNSECURED CONSUMER LAONS, CHECKING AND SAVINGS ACCOUNTS, AND CREDIT CARD SERVICES. ADDITIONALLY, THROUGH COMMUNITY BUSINESS BANKING, WE OFFER SECURED AND UNSECURED BUSINESS LOANS, AS WELL AS CHECKING, SAVINGS, AND MERCHANT SERVICES DESIGNED TO HELP BUSINESSES THRIVE.

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
91-6049071
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)
$813,766,927
Income (IRS master file)
$45,901,114

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$45,897,339$42,140,734$813,766,927XML
990December 2023$42,914,902$37,764,818$866,571,663XML
990December 2022$37,492,619$31,117,103$821,287,129IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 91-6049071).

Questions about SOLARITY CREDIT UNION

What is the EIN of SOLARITY CREDIT UNION?
The employer identification number (EIN) of SOLARITY CREDIT UNION is 91-6049071.
Is SOLARITY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1954.
Are donations to SOLARITY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOLARITY CREDIT UNION 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 SOLARITY CREDIT UNION 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 SOLARITY CREDIT UNION 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 SOLARITY CREDIT UNION?
The 990 for the year ended December 31, 2024 names MINA WORTHINGTON.
Who are the officers and directors of SOLARITY CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 22 people; 22 received compensation from the organization, the highest $768,049 (MINA WORTHINGTON, CHIEF EXECUTIVE OFFICER).
How much revenue does SOLARITY CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $45,897,339, expenses of $42,140,734 and total assets of $813,766,927 at year end.

Other nonprofits in YAKIMA

All nonprofits in YAKIMA · Washington