Civic Intelligence

Credit Unions in the State Of

EIN 91-0722603 • 501(c)14 • Silverdale, WA

Profile

Building financial futures one relationship at a time.

PO Box 3990 10200 Siverdale WaySilverdale, WA 98383-3990

www.connectioncu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.87x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

13.90x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

32nd percentile

3.3%

Higher net margin than 32% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$171,128

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Asset Growth

49th percentile

0.8%

Faster asset growth than 49% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

0.8%

Faster revenue growth than 22% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$40,061,442

Up $311,307 (+0.8%) from 2023

Liabilities

Up

$35,022,770

Up $53,685 (+0.2%) from 2023

Net Assets

Up

$5,038,672

Up $257,622 (+5.4%) from 2023

Revenue

Up

$2,519,663

Up $19,901 (+0.8%) from 2023

Expenses

Up

$2,435,899

Up $228,193 (+10%) from 2023

Net Income

Down

$83,764

Down $208,292 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $23,924,105Liabilities 2010: $19,645,909Net Assets 2010: $4,278,1962010Assets 2011: $23,025,858Liabilities 2011: $18,907,901Net Assets 2011: $4,117,9572011Assets 2012: $24,818,210Liabilities 2012: $20,805,678Net Assets 2012: $4,012,5322012Assets 2013: $25,416,651Liabilities 2013: $21,736,711Net Assets 2013: $3,679,9402013Assets 2014: $26,629,122Liabilities 2014: $22,862,293Net Assets 2014: $3,766,8292014Assets 2015: $28,210,313Liabilities 2015: $24,432,685Net Assets 2015: $3,777,6282015Assets 2016: $30,817,928Liabilities 2016: $26,966,930Net Assets 2016: $3,850,9982016Assets 2017: $29,040,522Liabilities 2017: $25,297,179Net Assets 2017: $3,743,3432017Assets 2018: $29,187,892Liabilities 2018: $25,467,510Net Assets 2018: $3,720,3822018Assets 2019: $30,742,623Liabilities 2019: $27,008,329Net Assets 2019: $3,734,2942019Assets 2020: $35,835,386Liabilities 2020: $31,849,557Net Assets 2020: $3,985,8292020Assets 2021: $41,833,956Liabilities 2021: $37,486,743Net Assets 2021: $4,347,2132021Assets 2022: $40,744,861Liabilities 2022: $35,994,702Net Assets 2022: $4,750,1592022Assets 2023: $39,750,135Liabilities 2023: $34,969,085Net Assets 2023: $4,781,0502023Assets 2024: $40,061,442Liabilities 2024: $35,022,770Net Assets 2024: $5,038,6722024

Highlighted filing

2024

Assets$40,061,442
Liabilities$35,022,770
Net Assets$5,038,672

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,320,4262010Expenses 2011: $1,186,9712011Expenses 2012: $1,231,5902012Revenue 2013: $1,229,383Expenses 2013: $1,561,975Net Income 2013: -$332,5922013Revenue 2014: $1,542,891Expenses 2014: $1,456,002Net Income 2014: $86,8892014Revenue 2015: $1,996,254Expenses 2015: $1,985,455Net Income 2015: $10,7992015Revenue 2016: $2,036,442Expenses 2016: $1,963,072Net Income 2016: $73,3702016Revenue 2017: $1,948,279Expenses 2017: $2,050,934Net Income 2017: -$102,6552017Revenue 2018: $1,821,175Expenses 2018: $1,726,856Net Income 2018: $94,3192018Revenue 2019: $1,856,164Expenses 2019: $1,745,543Net Income 2019: $110,6212019Revenue 2020: $1,843,449Expenses 2020: $1,621,276Net Income 2020: $222,1732020Revenue 2021: $1,891,771Expenses 2021: $1,662,290Net Income 2021: $229,4812021Revenue 2022: $2,205,396Expenses 2022: $1,795,429Net Income 2022: $409,9672022Revenue 2023: $2,499,762Expenses 2023: $2,207,706Net Income 2023: $292,0562023Revenue 2024: $2,519,663Expenses 2024: $2,435,899Net Income 2024: $83,7642024

Highlighted filing

2024

Revenue$2,519,663
Expenses$2,435,899
Net Income$83,764

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$35.0$5.04$2.52$2.44$0.08
2023Summary only. Only limited summary data is available for this year.$39.8$35.0$4.78$2.50$2.21$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.7$36.0$4.75$2.21$1.80$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.8$37.5$4.35$1.89$1.66$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.8$31.8$3.99$1.84$1.62$0.22
2019Summary only. Only limited summary data is available for this year.$30.7$27.0$3.73$1.86$1.75$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$25.5$3.72$1.82$1.73$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.0$25.3$3.74$1.95$2.05$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$27.0$3.85$2.04$1.96$0.07
2015Detailed filing. Detailed filing data is available for this year.$28.2$24.4$3.78$2.00$1.99$0.01
2014Detailed filing. Detailed filing data is available for this year.$26.6$22.9$3.77$1.54$1.46$0.09
2013Summary only. Only limited summary data is available for this year.$25.4$21.7$3.68$1.23$1.56$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$20.8$4.01$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$18.9$4.12$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$19.6$4.28$1.32
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$2,205,396
Mission and Program Overview

Mission

Building financial futures one relationship at a time.

See schedule o connection credit union provides each member of our local cooperative family, including those underserved by larger institutions, with personalized financial and education services, ensuring all our members have the tools for financial success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$27,937,205$32,874,068▲ $4,936,863
Rtn Earn Endowment Incm Other Fnds$4,347,213$4,750,159▲ $402,946
Investments Other Securities$2,490,000$3,234,000▲ $744,000
Receivables From Officers Etc-$1,134,914-
Savings and Temporary Cash Investments$7,988,618$1,063,618▼ $6,925,000
Land, Buildings, and Equipment, Net$1,024,359$1,030,576▲ $6,217
Prepaid Expenses and Deferred Charges$296,563$298,874▲ $2,311
Cash and Non-Interest-Bearing Accounts$-5,011$290,701▲ $295,712
Investments Program Related$200,000$0▼ $200,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$41,833,956$40,744,861▼ $1,089,095
Other Assets Total$1,902,222$818,110▼ $1,084,112
Liabilities
Other Liabilities$37,629,988$35,735,991▼ $1,893,997
Accounts Payable and Accrued Expenses$-143,245$258,711▲ $401,956
Total Liabilities$37,486,743$35,994,702▼ $1,492,041
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,347,213$4,750,159▲ $402,946
Total Liabilities and Net Assets / Fund Balance$41,833,956$40,744,861▼ $1,089,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$690,458$522,638$1,213,096
Equipment$71,518$437,891$509,409
Land$268,600-$268,600
Leasehold Improvements$0$33,829$33,829
Other Securities$3,234,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott PriorPresident & CEOFT$113,132$25,953$139,085

Board Members and Trustees

NameTitle
Allison SatterDirector
Dena SwisherDirector
Douglas BearDirector
Heidi RobnettDirector
John JogerstDirector
Kirsten NiemannDirector
Gerrit TulpDirector (beg. in Nov)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,928,217
Investment Income
$92,387
Other Revenue
$184,792
Change in Net Assets
$409,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$948,457
Salaries, Compensation, and Employee Benefits$846,972
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$595,231
Current Officers, Directors, Trustees, and Key Employees---$113,132
Information Technology---$112,056
Other Employee Benefits---$95,112
Office Expenses---$85,372
Payroll Taxes---$65,892
Fees for Services Other---$49,010
All Other Expenses---$47,537
Occupancy---$35,201
Depreciation Depletion---$35,066
Fees for Services Accounting---$34,171
Conferences and Meetings---$31,721
Insurance---$17,863
Advertising---$8,760
Travel---$8,594
Fees for Service Investment Mgmnt Fees---$2,232
Interest---$265
Fees for Services Legal---$168
Pension Plan Contributions---$-22,395
Other Expenses---$-65,843
Total Functional Expenses$0$0$0$1,795,429
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$1,134,914-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$35,735,991
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union has 3,472 members.

Form 990, Part VI, Section A, Line 7A

The credit union is organized as a cooperative. The individuals who qualify for our field of membership or members in turn elect a volunteer board of directors and supervisory committee. Vote on any bylaw changes at annual meeting.

Form 990, Part VI, Section A, Line 7B

At the credit union's annual meeting the credit union members vote for members of the board of directors and supervisory committee. Members of the credit union's board of directors and/or members of the supervisory committee may be removed from their position by the members of the credit union at a special membership meeting called for that purpose. A special membership meeting may be called by the majority of the credit union's board of directors, a majority vote of the credit union's supervisory committee or upon written applicaiton of the lessor of ten percent or two thousand voting credit union members. Each credit union member will have one vote regardless of shares held in the credit union. In order to be eligible to vote at a membership meeting, the member must have reached eighteen years of age. No votes may be cast by proxy. Membership held by entities other than natural persons will have one vote which will be cast through an agent designated in writing by the entity.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the ceo and vice president for accuracy and completeness.

Form 990, Part VI, Section B, Line 12C

Each volunteer is required annually to sign and/or acknowledge compliance with the credit union's code of conduct policy.

Form 990, Part VI, Section B, Line 15

The board will review performance during the previous year and also consider industry information from the annual salary survey completed by cuna. For all employees, the process is that the ceo will put togther a budget and spreadsheet noting the recommendations and financial impact and reasons and then have a discussion with the exec committee (board chair, secretary and vice chair). Recommendations are approved and denied based on exec committee recommendations.

Form 990, Part VI, Section C, Line 19

Documents are available to the public upon request in accordance with applicable state and federal regulations.

Filing and Contact Details

Filer

Filer Name
Credit Unions in the State of
EIN
91-0722603
Phone
3603076400
Address
PO BOX 3990 10200 SIVERDALE WAY, SILVERDALE, WA 98383-3990
Doing Business As
Connection Credit Union

Signing Officer

Name
Scott Prior
Title
President/CEO
Phone
3603076400
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Prior
Formed
1958
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
21
Volunteers
12

Preparer

Firm
Hauser Jones & Sas Pllc
Address
10940 NE 33RD PLACE SUITE 100, BELLEVUE, WA 98004
Preparer
Roger a Jones CPA
Phone
4258891778
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Volunteers provide cash counts at branches, oversight of board of directors, audit and member verification audit, reviews internal audit function.

Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0-143245
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0258711
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O CONNECTION CREDIT UNION PROVIDES EACH MEMBER OF OUR LOCAL COOPERATIVE FAMILY, INCLUDING THOSE UNDERSERVED BY LARGER INSTITUTIONS, WITH PERSONALIZED FINANCIAL AND EDUCATION SERVICES, ENSURING ALL OUR MEMBERS HAVE THE TOOLS FOR FINANCIAL SUCCESS.
IRS990/AdvertisingGrp/TotalAmt08760
IRS990/AllOtherExpensesGrp/TotalAmt047537
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SCOTT PRIOR
IRS990/BooksInCareOfDetail/PhoneNum03603076400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010200 SIVERDALE WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIVERDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098383
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0-5011
IRS990/CashNonInterestBearingGrp/EOYAmt0290701
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0113132
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt031721
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt092387
IRS990/CYOtherExpensesAmt0948457
IRS990/CYOtherRevenueAmt0184792
IRS990/CYProgramServiceRevenueAmt01928217
IRS990/CYRevenuesLessExpensesAmt0409967
IRS990/CYSalariesCompEmpBnftPaidAmt0846972
IRS990/CYTotalExpensesAmt01795429
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02205396
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt035066
IRS990/Desc0PROVIDED FINANCIAL SERVICES CONSISTING OF 5,595 LOANS AND 5,570 DEPOSIT ACCOUNTS TO THE ORGANIZATION'S 3,472 MEMBERS. GRANTED 683 NEW LOANS TO MEMBERS DURING THE COURSE OF THE YEAR.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0CONNECTION CREDIT UNION
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt034171
IRS990/FeesForServicesLegalGrp/TotalAmt0168
IRS990/FeesForServicesOtherGrp/TotalAmt049010
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02232
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt750.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt725953
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUGLAS BEAR
IRS990/Form990PartVIISectionAGrp/PersonNm1KIRSTEN NIEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2HEIDI ROBNETT
IRS990/Form990PartVIISectionAGrp/PersonNm3ALLISON SATTER
IRS990/Form990PartVIISectionAGrp/PersonNm4DENA SWISHER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN JOGERST
IRS990/Form990PartVIISectionAGrp/PersonNm6GERRIT TULP
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT PRIOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7113132
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (BEG. IN NOV)
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02205396
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0112056
IRS990/InsuranceGrp/TotalAmt017863
IRS990/InterestGrp/TotalAmt0265
IRS990/InvestmentIncomeGrp/ExclusionAmt092387
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt092387
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02490000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03234000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0200000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/IRPDocumentCnt01843
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0994358
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01024359
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01030576
IRS990/LandBldgEquipCostOrOtherBssAmt02024934
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CONNECTION CREDIT UNION PROVIDES EACH MEMBER OF OUR LOCAL COOPERATIVE FAMILY, INCLUDING THOSE UNDERSERVED BY LARGER INSTITUTIONS, WITH PERSONALIZED FINANCIAL AND EDUCATION SERVICES, ENSURING ALL OUR MEMBERS HAVE THE TOOLS FOR FINANCIAL SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04347213
IRS990/NetAssetsOrFundBalancesEOYAmt04750159
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-7021
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt035201
IRS990/OfficeExpensesGrp/TotalAmt085372
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01902222
IRS990/OtherAssetsTotalGrp/EOYAmt0818110
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt095112
IRS990/OtherExpensesGrp/Desc0LOAN SERVICE & COLLECTI
IRS990/OtherExpensesGrp/Desc1DIVIDENDS PAID TO MEMBE
IRS990/OtherExpensesGrp/Desc2BANK SERVICING CHARGES
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0497323
IRS990/OtherExpensesGrp/TotalAmt126981
IRS990/OtherExpensesGrp/TotalAmt221980
IRS990/OtherExpensesGrp/TotalAmt3-65843
IRS990/OtherLiabilitiesGrp/BOYAmt037629988
IRS990/OtherLiabilitiesGrp/EOYAmt035735991
IRS990/OtherOrganizationDsc0FINANCIAL IN
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0184792
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0184792
IRS990/OtherRevenueTotalAmt0184792
IRS990/OtherSalariesAndWagesGrp/TotalAmt0595231
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027937205
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt032874068
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt065892
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0-22395
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0296563
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0298874
IRS990/PrincipalOfficerNm0SCOTT PRIOR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON MEMBER LOA
IRS990/ProgramServiceRevenueGrp/Desc1FEES PAID BY MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3NON MEMBER ATM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01631157
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1143728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2145916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01631157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1146081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2145916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35063
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02353
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt15063
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032760
IRS990/PYOtherExpensesAmt0888623
IRS990/PYOtherRevenueAmt0141761
IRS990/PYProgramServiceRevenueAmt01717250
IRS990/PYRevenuesLessExpensesAmt0229481
IRS990/PYSalariesCompEmpBnftPaidAmt0773667
IRS990/PYTotalExpensesAmt01662290
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01891771
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01134914
IRS990/ReconcilationRevenueExpnssAmt0409967
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04347213
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04750159
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07988618
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01063618
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0690458
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0522638
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01213096
IRS990ScheduleD/EquipmentGrp/BookValueAmt071518
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0437891
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0509409
IRS990ScheduleD/LandGrp/BookValueAmt0268600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0268600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033829
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035735991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03234000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01030576
IRS990ScheduleD/TotalBookValueSecuritiesAmt03234000
IRS990ScheduleD/TotalLiabilityAmt035735991
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01134914
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SPLIT DOLLAR LIFE INSURANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SCOTT PRIOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt01134914
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE CASH COUNTS AT BRANCHES, OVERSIGHT OF BOARD OF DIRECTORS, AUDIT AND MEMBER VERIFICATION AUDIT, REVIEWS INTERNAL AUDIT FUNCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAS 3,472 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION IS ORGANIZED AS A COOPERATIVE. THE INDIVIDUALS WHO QUALIFY FOR OUR FIELD OF MEMBERSHIP OR MEMBERS IN TURN ELECT A VOLUNTEER BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. VOTE ON ANY BYLAW CHANGES AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE CREDIT UNION'S ANNUAL MEETING THE CREDIT UNION MEMBERS VOTE FOR MEMBERS OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. MEMBERS OF THE CREDIT UNION'S BOARD OF DIRECTORS AND/OR MEMBERS OF THE SUPERVISORY COMMITTEE MAY BE REMOVED FROM THEIR POSITION BY THE MEMBERS OF THE CREDIT UNION AT A SPECIAL MEMBERSHIP MEETING CALLED FOR THAT PURPOSE. A SPECIAL MEMBERSHIP MEETING MAY BE CALLED BY THE MAJORITY OF THE CREDIT UNION'S BOARD OF DIRECTORS, A MAJORITY VOTE OF THE CREDIT UNION'S SUPERVISORY COMMITTEE OR UPON WRITTEN APPLICAITON OF THE LESSOR OF TEN PERCENT OR TWO THOUSAND VOTING CREDIT UNION MEMBERS. EACH CREDIT UNION MEMBER WILL HAVE ONE VOTE REGARDLESS OF SHARES HELD IN THE CREDIT UNION. IN ORDER TO BE ELIGIBLE TO VOTE AT A MEMBERSHIP MEETING, THE MEMBER MUST HAVE REACHED EIGHTEEN YEARS OF AGE. NO VOTES MAY BE CAST BY PROXY. MEMBERSHIP HELD BY ENTITIES OTHER THAN NATURAL PERSONS WILL HAVE ONE VOTE WHICH WILL BE CAST THROUGH AN AGENT DESIGNATED IN WRITING BY THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED BY THE CEO AND VICE PRESIDENT FOR ACCURACY AND COMPLETENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH VOLUNTEER IS REQUIRED ANNUALLY TO SIGN AND/OR ACKNOWLEDGE COMPLIANCE WITH THE CREDIT UNION'S CODE OF CONDUCT POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD WILL REVIEW PERFORMANCE DURING THE PREVIOUS YEAR AND ALSO CONSIDER INDUSTRY INFORMATION FROM THE ANNUAL SALARY SURVEY COMPLETED BY CUNA. FOR ALL EMPLOYEES, THE PROCESS IS THAT THE CEO WILL PUT TOGTHER A BUDGET AND SPREADSHEET NOTING THE RECOMMENDATIONS AND FINANCIAL IMPACT AND REASONS AND THEN HAVE A DISCUSSION WITH THE EXEC COMMITTEE (BOARD CHAIR, SECRETARY AND VICE CHAIR). RECOMMENDATIONS ARE APPROVED AND DENIED BASED ON EXEC COMMITTEE RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST IN ACCORDANCE WITH APPLICABLE STATE AND FEDERAL REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt041833956
IRS990/TotalAssetsEOYAmt040744861
IRS990/TotalAssetsGrp/BOYAmt041833956
IRS990/TotalAssetsGrp/EOYAmt040744861
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/TotalAmt01795429
IRS990/TotalGrossUBIAmt07416
IRS990/TotalLiabilitiesBOYAmt037486743
IRS990/TotalLiabilitiesEOYAmt035994702
IRS990/TotalLiabilitiesGrp/BOYAmt037486743
IRS990/TotalLiabilitiesGrp/EOYAmt035994702
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04347213
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04750159
IRS990/TotalOtherCompensationAmt025953
IRS990/TotalProgramServiceRevenueAmt01928217
IRS990/TotalReportableCompFromOrgAmt0113132
IRS990/TotalRevenueGrp/ExclusionAmt092387
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02105593
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02205396
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07416
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt041833956
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040744861
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt08594
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010200 SIVERDALE WAY PO BOX 3990
IRS990/USAddress/CityNm0SILVERDALE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0983833990
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.CONNECTIONCU.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT PRIOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03603076400
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREDIT UNIONS IN THE STATE OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WASHINGTON
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0910722603
ReturnHeader/Filer/PhoneNum03603076400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3990 10200 SIVERDALE WAY
ReturnHeader/Filer/USAddress/CityNm0SILVERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0983833990
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810987947
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAUSER JONES & SAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010940 NE 33RD PLACE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098004
ReturnHeader/PreparerPersonGrp/PhoneNum04258891778
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER A JONES CPA
ReturnHeader/ReturnTs02023-11-15T15:25:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PRIOR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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