Civic Intelligence

Credit Unions in the State of Washington

990 • Fiscal year 2022 • EIN 91-0760837

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 26, 2023

Organization ProfileWWW.TLCU23.COM

View Organization Page

3602 Alexander AveTacoma, WA 98424

(253) 272-2161

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.89x

Higher debt load relative to assets than 32% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

42.95x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Net Margin

29th percentile

11%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$247,700

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Asset Growth

32nd percentile

0.1%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-7.2%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$129,700,274

Up $114,830 (+0.1%) from 2021

Net Assets

Up

$14,261,120

Up $240,380 (+1.7%) from 2021

Liabilities

Down

$115,439,154

Down $125,550 (-0.1%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin29th percentile

Revenue

Down

$2,687,551

Down $206,999 (-7.2%) from 2021

Expenses

Up

$2,395,201

Up $403,635 (+20%) from 2021

Net Income

Down

$292,350

Down $610,634 (-68%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $66,132,614Liabilities 2010: $58,460,362Net Assets 2010: $7,672,2522010Assets 2011: $69,674,336Liabilities 2011: $61,887,840Net Assets 2011: $7,786,4962011Assets 2012: $75,519,357Liabilities 2012: $67,699,856Net Assets 2012: $7,819,5012012Assets 2013: $74,855,388Liabilities 2013: $66,600,232Net Assets 2013: $8,255,1562013Assets 2014: $77,879,086Liabilities 2014: $68,884,570Net Assets 2014: $8,994,5162014Assets 2015: $83,145,556Liabilities 2015: $73,693,750Net Assets 2015: $9,451,8062015Assets 2016: $88,349,547Liabilities 2016: $78,352,474Net Assets 2016: $9,997,0732016Assets 2017: $94,516,133Liabilities 2017: $84,020,450Net Assets 2017: $10,495,6832017Assets 2018: $97,599,136Liabilities 2018: $86,482,928Net Assets 2018: $11,116,2082018Assets 2019: $102,370,096Liabilities 2019: $90,304,330Net Assets 2019: $12,065,7662019Assets 2020: $114,100,619Liabilities 2020: $100,994,574Net Assets 2020: $13,106,0452020Assets 2021: $129,585,444Liabilities 2021: $115,564,704Net Assets 2021: $14,020,7402021Assets 2022: $129,700,274Liabilities 2022: $115,439,154Net Assets 2022: $14,261,1202022Assets 2023: $120,774,414Liabilities 2023: $106,381,485Net Assets 2023: $14,392,9292023Assets 2024: $115,709,311Liabilities 2024: $101,045,538Net Assets 2024: $14,663,7732024

Highlighted filing

2022

Assets$129,700,274
Liabilities$115,439,154
Net Assets$14,261,120
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $2,053,1102010Expenses 2011: $2,142,5962011Expenses 2012: $2,064,7012012Revenue 2013: $1,915,890Expenses 2013: $1,409,857Net Income 2013: $506,0332013Revenue 2014: $1,984,708Expenses 2014: $1,187,927Net Income 2014: $796,7812014Revenue 2015: $2,011,378Expenses 2015: $1,407,748Net Income 2015: $603,6302015Revenue 2016: $2,116,983Expenses 2016: $1,520,786Net Income 2016: $596,1972016Revenue 2017: $2,256,543Expenses 2017: $1,733,666Net Income 2017: $522,8772017Revenue 2018: $2,717,548Expenses 2018: $2,023,356Net Income 2018: $694,1922018Revenue 2019: $2,912,559Expenses 2019: $2,250,076Net Income 2019: $662,4832019Revenue 2020: $3,060,947Expenses 2020: $2,000,581Net Income 2020: $1,060,3662020Revenue 2021: $2,894,550Expenses 2021: $1,991,566Net Income 2021: $902,9842021Revenue 2022: $2,687,551Expenses 2022: $2,395,201Net Income 2022: $292,3502022Revenue 2023: $3,165,141Expenses 2023: $3,040,988Net Income 2023: $124,1532023Revenue 2024: $3,733,033Expenses 2024: $3,460,207Net Income 2024: $272,8262024

Highlighted filing

2022

Revenue$2,687,551
Expenses$2,395,201
Net Income$292,350
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$2,687,551
Mission and Program Overview

Mission

Tlcu is a member-owned financial institution whose purpose is to meet its members' financial needs and promote the financial wellbeing of its members by providing them with financial services in a friendly and considerate manner.

Credit union cooperative promoting thrift and offering financial services to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$93,083,000$93,742,000▲ $659,000
Other Notes and Loans Receivable, Net$22,664,563$25,856,524▲ $3,191,961
Rtn Earn Endowment Incm Other Fnds$14,020,740$14,261,120▲ $240,380
Savings and Temporary Cash Investments$7,882,339$4,200,141▼ $3,682,198
Land, Buildings, and Equipment, Net$970,832$939,334▼ $31,498
Cash and Non-Interest-Bearing Accounts$979,769$751,118▼ $228,651
Prepaid Expenses and Deferred Charges$59,118$57,953▼ $1,165
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$129,585,444$129,700,274▲ $114,830
Other Assets Total$3,945,823$4,153,204▲ $207,381
Liabilities
Other Liabilities$115,523,482$115,090,040▼ $433,442
Accounts Payable and Accrued Expenses$41,222$349,114▲ $307,892
Total Liabilities$115,564,704$115,439,154▼ $125,550
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,020,740$14,261,120▲ $240,380
Total Liabilities and Net Assets / Fund Balance$129,585,444$129,700,274▲ $114,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$599,855$630,768$1,230,623
Land$295,583-$295,583
Equipment$43,896$174,243$218,139
Other Securities$93,742,000--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark MerrimanCEOFT$170,535$77,165$247,700

Board Members and Trustees

NameTitle
Craig CurranSupervisory Chair
Marland Guinn JrPresident
Robert Deyoung JrVice President
Bill SyrovatkaDirector
Lance AndersonDirector
Theresa SammalistoDirector
Tim FakerDirector
Aaron SkiffingtonSecretary
Brandon DicksSupervisory Member
Douglas HaskinsSupervisory Member
Robert McgheeSupervisory Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,067,083
Investment Income
$1,589,285
Other Revenue
$31,183
Change in Net Assets
$292,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,611,466
Salaries, Compensation, and Employee Benefits$783,735
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$364,962
Current Officers, Directors, Trustees, and Key Employees---$183,307
Other Employee Benefits---$148,954
Fees for Services Other---$126,217
Occupancy---$67,894
Depreciation Depletion---$51,650
Pension Plan Contributions---$51,122
Office Expenses---$37,589
Payroll Taxes---$35,390
Insurance---$33,837
Fees for Services Accounting---$31,286
Other Expenses---$24,755
All Other Expenses---$22,403
Advertising---$20,581
Conferences and Meetings---$15,784
Fees for Services Legal---$1,505
Total Functional Expenses$0$0$0$2,395,201
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Deposits$115,090,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has 3,237 members.”

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

“Board of directors and supervisory committee members are voted on by the membership.”

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

“Management reviews form 990 with the board of directors.”

Form 990, Part VI, Section B, Line 15

“A committee of board members reviews a purchased salary survey and makes recommendations to the board. The entire board then determines compensation for the ceo and key employees. Other officers are not compensated at this time.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Tacoma Longshoremen Credit Union
EIN
91-0760837
Phone
2532722161
Address
3602 ALEXANDER AVE, TACOMA, WA 98424

Signing Officer

Name
Mark Merriman
Title
CEO
Phone
2532722161
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Merriman
Formed
1963
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
7
Employees
8
Volunteers
11

Preparer

Firm
Hauser Jones & Sas Pllc
Address
10940 NE 33RD PLACE SUITE 100, BELLEVUE, WA 98004
Preparer
Michelle C Hanks
Phone
4258891778
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in pension -51,970.”

Raw XML AppendixShowing 400 of 415 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/BOYAmt041222
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0349114
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREDIT UNION COOPERATIVE PROMOTING THRIFT AND OFFERING FINANCIAL SERVICES TO MEMBERS.
IRS990/AdvertisingGrp/TotalAmt020581
IRS990/AllOtherExpensesGrp/TotalAmt022403
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MARK MERRIMAN
IRS990/BooksInCareOfDetail/PhoneNum02532722161
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03062 ALEXANDER AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0TACOMA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098424
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0979769
IRS990/CashNonInterestBearingGrp/EOYAmt0751118
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0183307
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt015784
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01589285
IRS990/CYOtherExpensesAmt01611466
IRS990/CYOtherRevenueAmt031183
IRS990/CYProgramServiceRevenueAmt01067083
IRS990/CYRevenuesLessExpensesAmt0292350
IRS990/CYSalariesCompEmpBnftPaidAmt0783735
IRS990/CYTotalExpensesAmt02395201
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02687551
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt051650
IRS990/Desc0MUTUAL, MEMBERSHIP BENEFIT PROGRAMS, GENERAL/OTHER. PROVIDE 3,237 MEMBERS THE OPPORTUNITY FOR SAVINGS, DEPOSITS, LOANS, AND OTHER FINANCIAL SERVICES. GRANTED 423 LOANS TOTALING $13,116,354.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt031286
IRS990/FeesForServicesLegalGrp/TotalAmt01505
IRS990/FeesForServicesOtherGrp/TotalAmt0126217
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/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1145.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1164393
IRS990/Form990PartVIISectionAGrp/PersonNm0MARLAND GUINN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT DEYOUNG JR
IRS990/Form990PartVIISectionAGrp/PersonNm2THERESA SAMMALISTO
IRS990/Form990PartVIISectionAGrp/PersonNm3LANCE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM FAKER
IRS990/Form990PartVIISectionAGrp/PersonNm5BILL SYROVATKA
IRS990/Form990PartVIISectionAGrp/PersonNm6AARON SKIFFINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm7CRAIG CURRAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT MCGHEE
IRS990/Form990PartVIISectionAGrp/PersonNm9DOUGLAS HASKINS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRANDON DICKS
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK MERRIMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11183307
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7SUPERVISORY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SUPERVISORY MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SUPERVISORY MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SUPERVISORY MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02687551
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt033837
IRS990/InvestmentIncomeGrp/ExclusionAmt01589285
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01589285
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt093083000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt093742000
IRS990/IRPDocumentCnt02293
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0805011
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0970832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0939334
IRS990/LandBldgEquipCostOrOtherBssAmt01744345
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TLCU IS A MEMBER-OWNED FINANCIAL INSTITUTION WHOSE PURPOSE IS TO MEET ITS MEMBERS' FINANCIAL NEEDS AND PROMOTE THE FINANCIAL WELL-BEING OF ITS MEMBERS BY PROVIDING THEM WITH FINANCIAL SERVICES IN A FRIENDLY AND CONSIDERATE MANNER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014020740
IRS990/NetAssetsOrFundBalancesEOYAmt014261120
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt067894
IRS990/OfficeExpensesGrp/TotalAmt037589
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03945823
IRS990/OtherAssetsTotalGrp/EOYAmt04153204
IRS990/OtherChangesInNetAssetsAmt0-51970
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0148954
IRS990/OtherExpensesGrp/Desc0DIVIDENDS
IRS990/OtherExpensesGrp/Desc1EXAMINATION FEE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3ASSOCIATION FEES
IRS990/OtherExpensesGrp/TotalAmt01094965
IRS990/OtherExpensesGrp/TotalAmt148000
IRS990/OtherExpensesGrp/TotalAmt235000
IRS990/OtherExpensesGrp/TotalAmt324755
IRS990/OtherLiabilitiesGrp/BOYAmt0115523482
IRS990/OtherLiabilitiesGrp/EOYAmt0115090040
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031183
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031183
IRS990/OtherRevenueTotalAmt031183
IRS990/OtherSalariesAndWagesGrp/TotalAmt0364962
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022664563
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt025856524
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt035390
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt051122
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059118
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057953
IRS990/PrincipalOfficerNm0MARK MERRIMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/BusinessCd2900000
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4900000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST - MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEBT PROTECTION
IRS990/ProgramServiceRevenueGrp/Desc3FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc4AD&D INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0962483
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt157900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219418
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317478
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt49804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0962483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt157900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317478
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt49804
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01557155
IRS990/PYOtherExpensesAmt01253005
IRS990/PYOtherRevenueAmt0308588
IRS990/PYProgramServiceRevenueAmt01028807
IRS990/PYRevenuesLessExpensesAmt0902984
IRS990/PYSalariesCompEmpBnftPaidAmt0738561
IRS990/PYTotalExpensesAmt01991566
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02894550
IRS990/ReconcilationRevenueExpnssAmt0292350
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014020740
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014261120
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07882339
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04200141
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0599855
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0630768
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01230623
IRS990ScheduleD/EquipmentGrp/BookValueAmt043896
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174243
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0218139
IRS990ScheduleD/LandGrp/BookValueAmt0295583
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0295583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115090040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES AND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt093742000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0NON NEGOTIABLE CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0939334
IRS990ScheduleD/TotalBookValueSecuritiesAmt093742000
IRS990ScheduleD/TotalLiabilityAmt0115090040
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0170535
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount04901
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt038467
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt07871
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK MERRIMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0247700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS 3,237 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS ARE VOTED ON BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEWS FORM 990 WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMMITTEE OF BOARD MEMBERS REVIEWS A PURCHASED SALARY SURVEY AND MAKES RECOMMENDATIONS TO THE BOARD. THE ENTIRE BOARD THEN DETERMINES COMPENSATION FOR THE CEO AND KEY EMPLOYEES. OTHER OFFICERS ARE NOT COMPENSATED AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN PENSION -51,970.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0129585444
IRS990/TotalAssetsEOYAmt0129700274
IRS990/TotalAssetsGrp/BOYAmt0129585444
IRS990/TotalAssetsGrp/EOYAmt0129700274
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt02395201
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0115564704
IRS990/TotalLiabilitiesEOYAmt0115439154
IRS990/TotalLiabilitiesGrp/BOYAmt0115564704
IRS990/TotalLiabilitiesGrp/EOYAmt0115439154
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014020740
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014261120
IRS990/TotalOtherCompensationAmt064393
IRS990/TotalProgramServiceRevenueAmt01067083
IRS990/TotalReportableCompFromOrgAmt0183307
IRS990/TotalRevenueGrp/ExclusionAmt01589285
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01098266
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02687551
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0129585444
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0129700274
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03602 ALEXANDER AVE
IRS990/USAddress/CityNm0TACOMA
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098424
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.TLCU23.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK MERRIMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02532722161
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TACOMA LONGSHOREMEN CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0TACO
ReturnHeader/Filer/EIN0910760837
ReturnHeader/Filer/PhoneNum02532722161
ReturnHeader/Filer/USAddress/AddressLine1Txt03602 ALEXANDER AVE
ReturnHeader/Filer/USAddress/CityNm0TACOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098424
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810987947

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,700,274
Liabilities
$115,439,154
Net assets
$14,261,120
Revenue
$2,687,551
Expenses
$2,395,201
Net income
$292,350
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$116$101$14.7$3.73$3.46$0.27
2023Detailed filing. Detailed filing data is available for this year.$121$106$14.4$3.17$3.04$0.12
2022Detailed filing. Detailed filing data is available for this year.$130$115$14.3$2.69$2.40$0.29
2021Detailed filing. Detailed filing data is available for this year.$130$116$14.0$2.89$1.99$0.90
2020Detailed filing. Detailed filing data is available for this year.$114$101$13.1$3.06$2.00$1.06
2019Detailed filing. Detailed filing data is available for this year.$102$90.3$12.1$2.91$2.25$0.66
2018Detailed filing. Detailed filing data is available for this year.$97.6$86.5$11.1$2.72$2.02$0.69
2017Detailed filing. Detailed filing data is available for this year.$94.5$84.0$10.5$2.26$1.73$0.52
2016Detailed filing. Detailed filing data is available for this year.$88.3$78.4$10.00$2.12$1.52$0.60
2015Detailed filing. Detailed filing data is available for this year.$83.1$73.7$9.45$2.01$1.41$0.60
2014Detailed filing. Detailed filing data is available for this year.$77.9$68.9$8.99$1.98$1.19$0.80
2013Detailed filing. Detailed filing data is available for this year.$74.9$66.6$8.26$1.92$1.41$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.5$67.7$7.82$2.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.7$61.9$7.79$2.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.1$58.5$7.67$2.05