Civic Intelligence

Credit Unions in the State of Washi Ngton

990 • Fiscal year 2016 • EIN 91-6035907

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization Profilewww.qualstarcu.com

View Organization Page

PO Box 96730Bellevue, WA 98009-7730

(800) 848-0018

Siviq Scores

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

Liabilities / Assets

30th percentile

0.88x

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

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

18.18x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Net Margin

80th percentile

19%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

54th percentile

$401,116

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Asset Growth

93rd percentile

14%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

9.8%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$471,645,991

Up $58,478,270 (+14%) from 2015

Net Assets

Up

$57,548,340

Up $5,352,155 (+10%) from 2015

Liabilities

Up

$414,097,651

Up $53,126,115 (+15%) from 2015

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin80th percentile

Revenue

Up

$22,780,500

Up $2,025,833 (+9.8%) from 2015

Expenses

Up

$18,385,129

Up $1,877,221 (+11%) from 2015

Net Income

Up

$4,395,371

Up $148,612 (+3.5%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2016

Assets$471,645,991
Liabilities$414,097,651
Net Assets$57,548,340
Open 2016 Filing

Operations Trend

Revenue Growth67th percentile

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

2016

Revenue$22,780,500
Expenses$18,385,129
Net Income$4,395,371
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$22,780,500
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$214,264,490$257,051,072▲ $42,786,582
Investments Other Securities$149,136,516$169,423,658▲ $20,287,142
Rtn Earn Endowment Incm Other Fnds$52,196,185$57,548,340▲ $5,352,155
Savings and Temporary Cash Investments$33,367,337$26,617,133▼ $6,750,204
Prepaid Expenses and Deferred Charges$4,406,374$3,839,251▼ $567,123
Land, Buildings, and Equipment, Net$2,883,004$3,251,594▲ $368,590
Accounts Receivable$1,518,720$2,422,670▲ $903,950
Receivables From Officers Etc$1,000,000$1,950,000▲ $950,000
Cash and Non-Interest-Bearing Accounts$1,532,094$1,416,574▼ $115,520
Intangible Assets$0$1,833▲ $1,833
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
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Total Assets$413,167,721$471,645,991▲ $58,478,270
Other Assets Total$5,059,186$5,672,206▲ $613,020
Liabilities
Other Liabilities$351,122,472$402,122,020▲ $50,999,548
Accounts Payable and Accrued Expenses$9,533,902$11,653,877▲ $2,119,975
Escrow Account Liability$315,162$321,754▲ $6,592
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$360,971,536$414,097,651▲ $53,126,115
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,196,185$57,548,340▲ $5,352,155
Total Liabilities and Net Assets / Fund Balance$413,167,721$471,645,991▲ $58,478,270

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$591,457$3,130,529$3,721,986
Buildings$1,477,837$1,811,086$3,288,923
Equipment$292,663$1,997,320$2,289,983
Leasehold Improvements$490,278$1,797,621$2,287,899
Land$399,359-$399,359
Other Securities$25,000--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark R NelsonPresidentFT$286,156$114,960$401,116
Michael G ElfstromCFOFT$196,907$77,344$274,251
Robert ArbuckleCOAFT$129,280$48,165$177,445
Kara TaylorVP of I.s.FT$135,046$11,330$146,376
Brett TreatIS ManagerFT$112,441$10,403$122,844
Roshalle DearmentVP of LendingFT$108,821$12,390$121,211
Jon GaugSystems Development ManagerFT$100,451$9,006$109,457
Charlie AndrewsBoard Member-$946-$946
Richard UrnessBoard Secretary/Treasurer-$828-$828
Bill RochesterBoard Chairman-$692-$692

Board Members and Trustees

NameTitle
Kim BrownVice Chairman
Gene ViaBoard Member
Joel SchmidtBoard Member
Lawrence Bindner JrBoard Member
Mike NuebelBoard Member
Mitchell JohnsonBoard Member
Noel McmurtrayBoard Member
Russ DewolfeBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
JHA Card Processing SolutionsPayment card and ATM processingPO Box 91101, Seattle, WA 98111$557,178
Co-op Financial ServicesShared Branching And Atm Network Provider9692 HAVEN AVE, Rancho Cucamonga, CA 91730$476,704
Kaye Smith Business GraphicsPrinting and statement production/mailing4101 Oakdale Ave SW, Renton, WA 98057$451,609
Jack Henry And AssociatesCore banking system663 W Hwy 60, Monett, MO 65708$413,985
VisaCredit card processorPO Box 8999, San Francisco, CA 94128$403,941
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$20,962,443
Investment Income
$1,818,057
Other Revenue
$0
Change in Net Assets
$4,395,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,812,125
Salaries, Compensation, and Employee Benefits$8,573,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,863,212
Fees for Services Other---$2,328,855
Interest---$2,061,450
Office Expenses---$1,437,482
Other Employee Benefits---$920,650
Current Officers, Directors, Trustees, and Key Employees---$765,235
Occupancy---$611,921
Pension Plan Contributions---$555,308
Payroll Taxes---$468,599
Information Technology---$424,885
Depreciation Depletion---$393,573
Advertising---$374,923
Insurance---$291,228
Conferences and Meetings---$170,041
Other Expenses---$102,947
Fees for Services Legal---$89,732
Fees for Services Accounting---$74,748
Payment Travel Entrtnmnt Publicly Ofcl---$48,703
Total Functional Expenses$0$0$0$18,385,129
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$1,000,000$1,950,000▲ $950,000
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member share deposits$402,121,850
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 the 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

Filer Name
Qualstar Credit Union
EIN
91-6035907
Phone
8008480018
Address
PO BOX 96730, BELLEVUE, WA 98009-7730

Signing Officer

Name
Michael Elfstrom
Title
Chief Financial Officer
Phone
8008480018
Signed
2017-05-15

Organization Details

Principal Officer
Mark Nelson
Formed
1952
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
155
Volunteers
15
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional and outside services to support the credit union such as courier and mailing services, card network charges, and shared branching network charges.”

Form 990, Part XI, Line 9

“Equity acquired in merger with Puget Sound Federal Credit Union”

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 666 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/BOYAmt09533902
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011653877
IRS990/AccountsReceivableGrp/BOYAmt01518720
IRS990/AccountsReceivableGrp/EOYAmt02422670
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE ARE A CREDIT UNION PROVIDING FINANCIAL PRODUCTS & SERVICES TO MEMBERS
IRS990/AdvertisingGrp/TotalAmt0374923
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0QUALSTAR CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum08008480018
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02133 152nd AVE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098052
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01532094
IRS990/CashNonInterestBearingGrp/EOYAmt01416574
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt012
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0765235
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0170041
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0557178
IRS990/ContractorCompensationGrp/CompensationAmt1476704
IRS990/ContractorCompensationGrp/CompensationAmt2451609
IRS990/ContractorCompensationGrp/CompensationAmt3413985
IRS990/ContractorCompensationGrp/CompensationAmt4403941
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 91101
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt19692 HAVEN AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt24101 Oakdale Ave SW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3663 W Hwy 60
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO Box 8999
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Seattle
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1RANCHO CUCAMONGA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Renton
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Monett
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4San Francisco
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd098111
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd191730
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd298057
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd365708
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd494128
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0JHA Card Processing Solutions
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CO-OP FINANCIAL SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Kaye Smith Business Graphics
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3JACK HENRY AND ASSOCIATES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4VISA
IRS990/ContractorCompensationGrp/ServicesDesc0Payment card and ATM processing
IRS990/ContractorCompensationGrp/ServicesDesc1SHARED BRANCHING AND ATM NETWORK PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc2Printing and statement production/mailing
IRS990/ContractorCompensationGrp/ServicesDesc3Core banking system
IRS990/ContractorCompensationGrp/ServicesDesc4Credit card processor
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01818057
IRS990/CYOtherExpensesAmt09812125
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt020962443
IRS990/CYRevenuesLessExpensesAmt04395371
IRS990/CYSalariesCompEmpBnftPaidAmt08573004
IRS990/CYTotalExpensesAmt018385129
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt022780500
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0393573
IRS990/Desc0Interest expense in the amount of $2,061,451 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 75,000 deposit accounts that can earn interest.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0155
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt0315162
IRS990/EscrowAccountLiabilityGrp/EOYAmt0321754
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt074748
IRS990/FeesForServicesLegalGrp/TotalAmt089732
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt02328855
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/AverageHoursPerWeekRt03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
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/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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1136888
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1228169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1324987
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1411330
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1512390
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1610403
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt179006
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/PersonNm9MIKE NUEBEL
IRS990/Form990PartVIISectionAGrp/PersonNm10RUSS DEWOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK R NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL G ELFSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT ARBUCKLE
IRS990/Form990PartVIISectionAGrp/PersonNm14KARA TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm15ROSHALLE DEARMENT
IRS990/Form990PartVIISectionAGrp/PersonNm16BRETT TREAT
IRS990/Form990PartVIISectionAGrp/PersonNm17JON GAUG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3946
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4692
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7828
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11364228
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12246083
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13152458
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14135046
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15108821
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16112441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17100451
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13COA
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF I.S.
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt16IS Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt17SYSTEMS DEVELOPMENT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01952
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt012023
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt012023
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt022780500
IRS990/GroupExemptionNum01269
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0424885
IRS990/InsuranceGrp/TotalAmt0291228
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt01833
IRS990/InterestGrp/TotalAmt02061450
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01806034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01806034
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0149136516
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0169423658
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt014137
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08736556
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02883004
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03251594
IRS990/LandBldgEquipCostOrOtherBssAmt011988150
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
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/NetAssetsOrFundBalancesBOYAmt052196185
IRS990/NetAssetsOrFundBalancesEOYAmt057548340
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt012023
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt012023
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-38409
IRS990/NetUnrlzdGainsLossesInvstAmt0-76356
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0611921
IRS990/OfficeExpensesGrp/TotalAmt01437482
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05059186
IRS990/OtherAssetsTotalGrp/EOYAmt05672206
IRS990/OtherChangesInNetAssetsAmt01196087
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0920650
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/TotalAmt0487707
IRS990/OtherExpensesGrp/TotalAmt1913930
IRS990/OtherExpensesGrp/TotalAmt2102947
IRS990/OtherLiabilitiesGrp/BOYAmt0351122472
IRS990/OtherLiabilitiesGrp/EOYAmt0402122020
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt05863212
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0214264490
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0257051072
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0468599
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0555308
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04406374
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03839251
IRS990/PrincipalOfficerNm0MARK NELSON
IRS990/PriorPeriodAdjustmentsAmt0-162947
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/RelatedOrExemptFuncIncomeAmt013041985
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13731501
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24055786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013041985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13740542
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24179916
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt19041
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt2124130
IRS990/ProgSrvcAccomActy2Grp/Desc0The credit union expensed $913,930 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 25,000 open loan accounts.
IRS990/ProgSrvcAccomActy3Grp/Desc0The credit union expensed $487,707 during the year for loan servicing costs. These costs were paid to originate and service loans to members. The credit union has about 25,000 open loan accounts.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$471,645,991
Liabilities
$414,097,651
Net assets
$57,548,340
Revenue
$22,780,500
Expenses
$18,385,129
Net income
$4,395,371
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
2016Detailed filing. Detailed filing data is available for this year.$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