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

Nonprofit · EIN 93-0232289

POINT WEST CREDIT UNION

Tax-exempt · PORTLAND, OR 97211

Financials

$6.3M$5.9M2023$7.8M$6.9M2024
Revenue Expenses · by fiscal year end
Financials of POINT WEST CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,778,023$6,933,495$844,528$110,377,484$98,678,447$11,699,037
December 31, 2023990$6,329,547$5,893,585$435,962$109,968,841$99,117,527$10,851,314
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,200,000
of which government grants
$1,200,000
Program service revenue
$5,953,408
Investment income
$624,615
Net gain from sales of assets
-$32,839
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$567,908
Other salaries and wages
$1,679,493
Salaries, compensation and benefits (total)
$2,724,587
Professional fundraising fees
$0
Legal fees
$34,131
Accounting fees
$129,348
Occupancy
$246,332
Depreciation
$133,293

Balance sheet and other

Total assets, start of year
$109,968,841
Total assets, end of year
$110,377,484
Total liabilities, end of year
$98,678,447
Net assets, end of year
$11,699,037
Land, buildings and equipment
$2,263,898
Publicly traded securities
$186,184
Gross unrelated business income
$3,751
Gross receipts
$7,848,868
Employees
26
Volunteers
12
Year formed
1933
State of legal domicile
OR

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
AMY NELSONCEO, TREASURER
Officer
40$206,000$23,594
STEVE PAGENSTECHERCHIEF INNOVATIONS OFFICER
Key employee
40$165,502$7,890
SARAH FERGASONCHIEF FINANCIAL OFFICER
Officer
40$149,882$15,040
PETER HANDCHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
OSCAR PORRASVICE CHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
ROBERTO FLORESVICE CHAIR, BOARD MEMBER (THRU 1/24)
Trustee or director, Officer
1$0$0
SONYA JUDDSECRETARY, BOARD MEMBER
Trustee or director, Officer
1$0$0
KRISTY MAYER-MEJIABOARD MEMBER
Trustee or director
1$0$0
CYNTHIA NOVELOBOARD MEMBER
Trustee or director
1$0$0
FERNANDO VELEZBOARD MEMBER
Trustee or director
1$0$0
ROBIN TOMPKINSBOARD MEMBER (THRU 1/24)
Trustee or director
1$0$0
VITO CORTEZBOARD MEMBER
Trustee or director
1$0$0
KAT KOGANBOARD MEMBER
Trustee or director
1$0$0
MONICA SANTOYOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
AMY NELSONCEO, TREASURER
Officer
40$198,250$15,560
STEVE PAGENSTECHERCHIEF OPERATING OFFICER
Officer
40$155,002$10,776
SARAH FERGASONCHIEF FINANCIAL OFFICER
Officer
40$140,404$11,640
RAY CORNWELLVP LENDING AND OPERATIONS
Highest-paid employee
40$117,301$8,950
PETER HANDCHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
OSCAR PORRASVICE CHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
ROBERTO FLORESVICE CHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
MARK OLIVER THRU 123VICE CHAIR, BOARD MEMBER
Trustee or director, Officer
1$0$0
SONYA JUDDSECRETARY, BOARD MEMBER
Trustee or director, Officer
1$0$0
KRISTY MAYER-MEJIABOARD MEMBER
Trustee or director
1$0$0
CYNTHIA NOVELOBOARD MEMBER
Trustee or director
1$0$0
FERNANDO VELEZBOARD MEMBER
Trustee or director
1$0$0
ROBIN TOMPKINSBOARD MEMBER
Trustee or director
1$0$0
LORI VAN DYKE THRU 123BOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5257 NE M L KING BLVD STE 301, PORTLAND, OR 97211-3283
In care of
% AMY NELSON
Principal officer (990 for 2024)
SARAH FERGASON, 5257 NE MLK JR BLVD SUITE 301, PORTLAND, OR 97211
Signed the 990
SARAH FERGASON, CFO
Phone
(503) 546-5000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO PROMOTE THRIFT AMONG MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.

990 for the year ended December 31, 2024

Program accomplishments

  • NORMAL CREDIT UNION OPERATIONS, INCLUDING LENDING, DEPOSIT PRODUCTS AND FEE SERVICES FOR THE CREDIT UNION'S MEMBERS.

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
93-0232289
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$110,377,484
Income (IRS master file)
$7,848,868

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,778,023$6,933,495$110,377,484IRS
990December 2023$6,329,547$5,893,585$109,968,841XML
990December 2022$5,970,956$4,941,470$107,931,239IRS
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 93-0232289).

Questions about POINT WEST CREDIT UNION

What is the EIN of POINT WEST CREDIT UNION?
The employer identification number (EIN) of POINT WEST CREDIT UNION is 93-0232289.
Is POINT WEST CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
Are donations to POINT WEST CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POINT WEST 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 POINT WEST 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 POINT WEST 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 POINT WEST CREDIT UNION?
The 990 for the year ended December 31, 2024 names SARAH FERGASON.
Who are the officers and directors of POINT WEST CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 14 people; 3 received compensation from the organization, the highest $206,000 (AMY NELSON, CEO, TREASURER).
How much revenue does POINT WEST CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,778,023, expenses of $6,933,495 and total assets of $110,377,484 at year end.

Other nonprofits in PORTLAND

All nonprofits in PORTLAND · Oregon