Civic Intelligence

Credit Unions in the State of Washi Ngton

990 • Fiscal year 2013 • EIN 91-6035907

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 15, 2014

Organization Profilewww.qualstarcu.com

View Organization Page

PO Box 9673098009-7730

(800) 848-0018

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.87x

Higher debt load relative to assets than 23% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

30th percentile

15.61x

Higher debt load relative to revenue than 30% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

33rd percentile

$303,931

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

63rd percentile

5.5%

Faster asset growth than 63% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$345,713,438

Up $17,987,026 (+5.5%) from 2012

Net Assets

Up

$43,857,779

Up $4,004,951 (+10%) from 2012

Liabilities

Up

$301,855,659

Up $13,982,075 (+4.9%) from 2012

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin77th percentile

Revenue

$19,335,710

No earlier filing loaded for comparison.

Expenses

Down

$15,311,078

Down $2,326,617 (-13%) from 2012

Net Income

$4,024,632

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$1.0B$500M$0Assets 2011: $316,715,485Liabilities 2011: $280,907,787Net Assets 2011: $35,807,6982011Assets 2012: $327,726,412Liabilities 2012: $287,873,584Net Assets 2012: $39,852,8282012Assets 2013: $345,713,438Liabilities 2013: $301,855,659Net Assets 2013: $43,857,7792013Assets 2014: $373,370,188Liabilities 2014: $325,372,011Net Assets 2014: $47,998,1772014Assets 2015: $413,167,721Liabilities 2015: $360,971,536Net Assets 2015: $52,196,1852015Assets 2016: $471,645,991Liabilities 2016: $414,097,651Net Assets 2016: $57,548,3402016Assets 2017: $594,269,954Liabilities 2017: $522,965,231Net Assets 2017: $71,304,7232017Assets 2018: $589,208,613Liabilities 2018: $510,832,393Net Assets 2018: $78,376,2202018Assets 2019: $630,180,342Liabilities 2019: $551,233,460Net Assets 2019: $78,946,8822019Assets 2020: $733,482,561Liabilities 2020: $646,834,042Net Assets 2020: $86,648,5192020Assets 2021: $811,506,750Liabilities 2021: $713,747,924Net Assets 2021: $97,758,8262021Assets 2022: $772,976,496Liabilities 2022: $681,466,632Net Assets 2022: $91,509,8642022Assets 2023: $983,585,639Liabilities 2023: $871,789,810Net Assets 2023: $111,795,8292023Assets 2024: $832,351,744Liabilities 2024: $700,755,324Net Assets 2024: $131,596,4202024

Highlighted filing

2013

Assets$345,713,438
Liabilities$301,855,659
Net Assets$43,857,779
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0Expenses 2011: $19,062,1242011Expenses 2012: $17,637,6952012Revenue 2013: $19,335,710Expenses 2013: $15,311,078Net Income 2013: $4,024,6322013Revenue 2014: $18,933,876Expenses 2014: $14,761,547Net Income 2014: $4,172,3292014Revenue 2015: $20,754,667Expenses 2015: $16,507,908Net Income 2015: $4,246,7592015Revenue 2016: $22,780,500Expenses 2016: $18,385,129Net Income 2016: $4,395,3712016Revenue 2017: $26,761,156Expenses 2017: $22,481,490Net Income 2017: $4,279,6662017Revenue 2018: $32,561,678Expenses 2018: $25,719,992Net Income 2018: $6,841,6862018Revenue 2019: $38,501,994Expenses 2019: $28,865,374Net Income 2019: $9,636,6202019Revenue 2020: $38,241,768Expenses 2020: $30,025,249Net Income 2020: $8,216,5192020Revenue 2021: $39,989,518Expenses 2021: $25,471,364Net Income 2021: $14,518,1542021Revenue 2022: $35,866,616Expenses 2022: $25,023,764Net Income 2022: $10,842,8522022Revenue 2023: $52,455,108Expenses 2023: $45,480,230Net Income 2023: $6,974,8782023Revenue 2024: $58,863,677Expenses 2024: $49,819,511Net Income 2024: $9,044,1662024

Highlighted filing

2013

Revenue$19,335,710
Expenses$15,311,078
Net Income$4,024,632
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 15, 2014
Return Version
2013v3.0
Gross Receipts
$19,335,710
Mission and Program Overview

Mission

Provide financial products & services

We are a credit union providing financial products & services to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$176,688,358$179,417,358▲ $2,729,000
Investments Other Securities$110,265,532$129,238,019▲ $18,972,487
Rtn Earn Endowment Incm Other Fnds$39,852,828$43,857,779▲ $4,004,951
Savings and Temporary Cash Investments$27,253,788$25,616,269▼ $1,637,519
Accounts Receivable$3,316,975$1,768,886▼ $1,548,089
Land, Buildings, and Equipment, Net$1,755,190$1,710,103▼ $45,087
Cash and Non-Interest-Bearing Accounts$1,039,369$1,169,773▲ $130,404
Receivables From Officers Etc$977,001$1,004,995▲ $27,994
Prepaid Expenses and Deferred Charges$838,483$209,466▼ $629,017
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$327,726,412$345,713,438▲ $17,987,026
Other Assets Total$5,591,716$5,578,569▼ $13,147
Liabilities
Other Liabilities$279,048,878$293,839,986▲ $14,791,108
Accounts Payable and Accrued Expenses$8,533,131$7,745,352▼ $787,779
Escrow Account Liability$291,575$270,321▼ $21,254
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$287,873,584$301,855,659▲ $13,982,075
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,852,828$43,857,779▲ $4,004,951
Total Liabilities and Net Assets / Fund Balance$327,726,412$345,713,438▲ $17,987,026

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$220,743$2,731,301$2,952,044
Buildings$1,058,470$1,539,245$2,597,715
Leasehold Improvements$19$2,191,299$2,191,318
Equipment$31,512$1,886,804$1,918,316
Land$399,359-$399,359
Other Securities$25,000--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark R NelsonPresidentFT$223,453$80,478$303,931
Michael G ElfstromCFOFT$129,764$42,738$172,502
Robert ArbuckleCOAFT$117,555$40,933$158,488
Kara TaylorVP of I.s.FT$119,099$10,476$129,575
Laurie BrownVP of OperationsFT$101,204$10,271$111,475
Tracey ElfstromVP of Member RelationsFT$103,232$4,281$107,513
Charlie AndrewsBoard Member-$2,351-$2,351
Mitchell JohnsonBoard Member-$1,363-$1,363

Board Members and Trustees

NameTitle
Lawrence Bindner JrBoard Chairman
Richard UrnessBoard Chairman
Gene ViaVice Chairman
Joel SchmidtBoard Member
Kim BrownBoard Member
Noel McmurtrayBoard Member
Bill RochesterBoard Secretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
JHA Payment Processing SolutionsPayment card and ATM processing-$450,615
Co-op Financial ServicesShared Branching And Atm Network Provider-$411,554
Kaye Smith Business GraphicsPrinting and statement production/mailing-$384,500
Jack Henry & Associates (Symitar)Core processing for credit unions-$318,836
VisaCredit card processor-$271,461
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,290,888
Investment Income
$1,044,822
Other Revenue
$0
Change in Net Assets
$4,024,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,608,813
Salaries, Compensation, and Employee Benefits$6,702,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,114,123
Interest---$2,107,208
Fees for Services Other---$1,797,085
Office Expenses---$1,432,309
Current Officers, Directors, Trustees, and Key Employees---$882,011
Other Employee Benefits---$752,810
Advertising---$621,081
Pension Plan Contributions---$575,328
Occupancy---$555,337
Payroll Taxes---$377,993
Information Technology---$310,697
Insurance---$242,449
Depreciation Depletion---$187,865
Conferences and Meetings---$168,807
Other Expenses---$96,429
Fees for Services Legal---$87,526
Fees for Services Accounting---$74,044
Payment Travel Entrtnmnt Publicly Ofcl---$58,699
Total Functional Expenses$0$0$0$15,311,078
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$977,001$1,004,995▲ $27,994
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member share deposits$293,839,986
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 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
No
Conflict-of-interest policy
Yes
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

“Each person seeking membership must be qualified for membership and must submit an application to the credit union. Each application shall be acted upon by the Board or, if the Board so chooses, membership representatives may be trained and authorized to approve applications. The applicant shall become a member when such application has been approved by the Board, or if applicable, the membership representatives and upon his/her subscription to at least one credit union product, or deposit, or loan account.”

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

“A Nominating Committee, made up of not fewer than three members, nominates at least one member for each Board vacancy. The Board secretary shall notify in writing all members eligible to vote at least 75 days prior to the annual meeting and that nominations for vacancy may also be made by petition signed by one percent of the members with a minimum of 20 and a maximum of 500. The written notice shall indicate that the election will not be conducted by ballot and there will be no nomination from the floor when there is only one nominee for each position to be filled. All elections shall be determined by plurality of vote and shall be by ballot except where there is only one nominee for each position to be filled.”

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

“The Form 990 was prepared by the VP of Finance and reviewed by the CFO prior to submission to the IRS. Both the VP of Finance and CFO are Certified Public Accountants.”

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

“Disclosure is required of all potential conflicts of interest, either business or personal relationships with employees, members, vendors, business associates, or competitors of the credit union. The credit union will also retain on file all written reports of any disclosures made regarding the Credit Union Code of Conduct. Employees, officers, and Directors of the credit union are required to acknowledge that they have read and understand the Code of Conduct and any subsequent modifications, and that they agree to comply with this policy. Employees and officers are required to disclose this information annually.”

Form 990, Part VI, Section B, Line 15

“The organization uses a Compensation Committee to establish CEO compensation. The committee also uses an independent compensation consultant, written employment contract, and compensation survey or study.”

Form 990, Part VI, Section C, Line 19

“This information would be available upon request.”

Filing and Contact Details

Filer

EIN
91-6035907
Phone
8008480018

Signing Officer

Name
Michael Elfstrom
Title
Chief Financial Officer
Phone
8008480018
Signed
2014-08-15

Organization Details

Principal Officer
Mark Nelson
Formed
1952
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
126
Volunteers
9
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“These are related to courier and mailing services, outside services, and ATM, card, and shared branching network expenses.”

Financial Statement Notes

Schedule D, Part IV, Line 2B

“The escrow account is for property taxes and payments collected from members who originated their mortgage loans at Qualstar Credit Union and the loans were sold to FNMA.”

Raw XML AppendixShowing 400 of 634 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/BOYAmt08533131
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07745352
IRS990/AccountsReceivableGrp/BOYAmt03316975
IRS990/AccountsReceivableGrp/EOYAmt01768886
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE ARE A CREDIT UNION PROVIDING FINANCIAL PRODUCTS & SERVICES TO MEMBERS
IRS990/AdvertisingGrp/TotalAmt0621081
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10QUALSTAR CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum08008480018
IRS990/BooksInCareOfDetail/USAddress/AddressLine102121 152nd AVE NE
IRS990/BooksInCareOfDetail/USAddress/City0REDMOND
IRS990/BooksInCareOfDetail/USAddress/State0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode098052
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01039369
IRS990/CashNonInterestBearingGrp/EOYAmt01169773
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0882011
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0168807
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0450615
IRS990/ContractorCompensationGrp/CompensationAmt1384500
IRS990/ContractorCompensationGrp/CompensationAmt2411554
IRS990/ContractorCompensationGrp/CompensationAmt3318836
IRS990/ContractorCompensationGrp/CompensationAmt4271461
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10PO Box 91101
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine114101 Oakdale Ave SW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine129692 HAVEN AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine138985 Balboa Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine14PO Box 8999
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0Seattle
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City1Renton
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City2RANCHO CUCAMONGA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City3San Diego
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City4San Francisco
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State1WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State4CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode098111
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode198057
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode291730
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode392123
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode494128
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10JHA Payment Processing Solutions
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine11Kaye Smith Business Graphics
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine12CO-OP FINANCIAL SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine13Jack Henry & Associates (Symitar)
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine14VISA
IRS990/ContractorCompensationGrp/ServicesDesc0Payment card and ATM processing
IRS990/ContractorCompensationGrp/ServicesDesc1Printing and statement production/mailing
IRS990/ContractorCompensationGrp/ServicesDesc2SHARED BRANCHING AND ATM NETWORK PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc3Core processing for credit unions
IRS990/ContractorCompensationGrp/ServicesDesc4Credit card processor
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01044822
IRS990/CYOtherExpensesAmt08608813
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt018290888
IRS990/CYRevenuesLessExpensesAmt04024632
IRS990/CYSalariesCompEmpBnftPaidAmt06702265
IRS990/CYTotalExpensesAmt015311078
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019335710
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0187865
IRS990/Desc0Interest expense in the amount of $2,107,208 was paid to members for money on deposit at the credit union. Deposit accounts earning interest included checking, savings, money market, IRA, and Certificate of Deposit accounts. The credit union has about 68,000 deposit accounts that can earn interest.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0126
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt0291575
IRS990/EscrowAccountLiabilityGrp/EOYAmt0270321
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt074044
IRS990/FeesForServicesLegalGrp/TotalAmt087526
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt01797085
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt933490
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1021458
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1121498
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1210476
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1310271
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt144281
IRS990/Form990PartVIISectionAGrp/PersonNm0GENE VIA
IRS990/Form990PartVIISectionAGrp/PersonNm1KIM BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2MITCHELL JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLIE ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm4BILL ROCHESTER
IRS990/Form990PartVIISectionAGrp/PersonNm5NOEL MCMURTRAY
IRS990/Form990PartVIISectionAGrp/PersonNm6LAWRENCE BINDNER JR
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD URNESS
IRS990/Form990PartVIISectionAGrp/PersonNm8JOEL SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm9MARK R NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL G ELFSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT ARBUCKLE
IRS990/Form990PartVIISectionAGrp/PersonNm12KARA TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm13LAURIE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm14TRACEY ELFSTROM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21363
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32351
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9270441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10151044
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11136990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12119099
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13101204
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14103232
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11COA
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF I.S.
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF MEMBER RELATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01952
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt058557
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt058557
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt019335710
IRS990/GroupExemptionNum01269
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0310697
IRS990/InsuranceGrp/TotalAmt0242449
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt02107208
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0986265
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0986265
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0110265532
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0129238019
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt036230
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08348649
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01755190
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01710103
IRS990/LandBldgEquipCostOrOtherBssAmt010058752
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE FINANCIAL PRODUCTS & SERVICES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt039852828
IRS990/NetAssetsOrFundBalancesEOYAmt043857779
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt058557
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt058557
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-25700
IRS990/NetUnrlzdGainsLossesInvstAmt0-19681
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0555337
IRS990/OfficeExpensesGrp/TotalAmt01432309
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05591716
IRS990/OtherAssetsTotalGrp/EOYAmt05578569
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0752810
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Member Share Insurance
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/TotalAmt0377391
IRS990/OtherExpensesGrp/TotalAmt1266168
IRS990/OtherExpensesGrp/TotalAmt2225718
IRS990/OtherExpensesGrp/TotalAmt396429
IRS990/OtherLiabilitiesGrp/BOYAmt0279048878
IRS990/OtherLiabilitiesGrp/EOYAmt0293839986
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt04114123
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0176688358
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0179417358
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0377993
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0575328
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0838483
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0209466
IRS990/PrincipalOfficerNm0MARK NELSON
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/Desc2Other Operating Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011016416
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13974447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23172473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011016416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13982943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23291529
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt18496
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt2119056
IRS990/ProgSrvcAccomActy2Grp/Desc0The credit union expenses $266,168 in provision for loan loss costs for the year. The expense was to fund the accrual for doubtful loans on the balance sheet. The credit union has about 20,000 open loan accounts.
IRS990/ProgSrvcAccomActy3Grp/Desc0The credit union paid $225,718 during the year to insure member deposit accounts held at the credit union. Accounts on deposit at the credit union are insured up to $250,000 with the NCUA.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01090208
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt058699
IRS990/PYOtherExpensesAmt011392431
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt020598951
IRS990/PYRevenuesLessExpensesAmt04051464
IRS990/PYSalariesCompEmpBnftPaidAmt06245264
IRS990/PYTotalExpensesAmt017637695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021689159
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0977001
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01004995

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$345,713,438
Liabilities
$301,855,659
Net assets
$43,857,779
Revenue
$19,335,710
Expenses
$15,311,078
Net income
$4,024,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$832$701$132$58.9$49.8$9.04
2023Summary only. Only limited summary data is available for this year.$984$872$112$52.5$45.5$6.97
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$773$681$91.5$35.9$25.0$10.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$812$714$97.8$40.0$25.5$14.5
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$733$647$86.6$38.2$30.0$8.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$630$551$78.9$38.5$28.9$9.64
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$589$511$78.4$32.6$25.7$6.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$594$523$71.3$26.8$22.5$4.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$472$414$57.5$22.8$18.4$4.40
2015Detailed filing. Detailed filing data is available for this year.$413$361$52.2$20.8$16.5$4.25
2014Detailed filing. Detailed filing data is available for this year.$373$325$48.0$18.9$14.8$4.17
2013Detailed filing. Detailed filing data is available for this year.$346$302$43.9$19.3$15.3$4.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$328$288$39.9$17.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$317$281$35.8$19.1
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $250M-$1B nonprofits