STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0219435)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202403209349317690
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T15:36:34-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN910219435EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CREDIT UNIONS IN THE STATE OF WASHINGTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% TINA WALLACEInCareOfNm
Business Name ControlCREDBusinessNameControlTxt
Phone2064395700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112770 GATEWAY DR SAddressLine1Txt
CityTUKWILACityNm
State AbbreviationWAStateAbbreviationCd
ZIP981683309ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTINA WALLACEPersonNm
Person TitleSVP ACCOUNTING CONTROLLERPersonTitleTxt
Signature2024-11-15SignatureDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1BOEING EMPLOYEES CREDIT UNIONBusinessNameLine1Txt

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1TINA WALLACEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112770 GATEWAY DR SAddressLine1Txt
CityTUKWILACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98168ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,139,771,238GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.BECU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionAS A COOPERATIVE WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee3629TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$1,869,264TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$750,892NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$836,112,490PYProgramServiceRevenueAmt
CY Program Service Revenue$1,115,615,728CYProgramServiceRevenueAmt
PY Investment Income$240,509,207PYInvestmentIncomeAmt
CY Investment Income$423,065,240CYInvestmentIncomeAmt
PY Other Revenue-$505,514PYOtherRevenueAmt
CY Other Revenue-$699,815CYOtherRevenueAmt
PY Total Revenue$1,076,116,183PYTotalRevenueAmt
CY Total Revenue$1,537,981,153CYTotalRevenueAmt
PY Grants And Similar Paid$8,928,955PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$9,008,439CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$386,847,758PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$455,893,105CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$483,869,355PYOtherExpensesAmt
CY Other Expenses$893,979,647CYOtherExpensesAmt
PY Total Expenses$879,646,068PYTotalExpensesAmt
CY Total Expenses$1,358,881,191CYTotalExpensesAmt
PY Revenues Less Expenses$196,470,115PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$179,099,962CYRevenuesLessExpensesAmt
Total Assets BOY$28,780,643,575TotalAssetsBOYAmt
Total Assets EOY$29,871,889,353TotalAssetsEOYAmt
Total Liabilities BOY$26,832,951,916TotalLiabilitiesBOYAmt
Total Liabilities EOY$27,579,166,183TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,947,691,659NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,292,723,170NetAssetsOrFundBalancesEOYAmt
MissionAS A COOPERATIVE WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$0ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTOTAL 1,457,207 MEMBERS INCLUDING 131,000 NEW MEMBERS FOR 2023; 170,309 LOANS ORIGINATED TOTALLING $6,600,000,000.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$0ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$0ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$0TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyYes (true)PoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3629EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TINA WALLACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2064395700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112770 GATEWAY DR SAddressLine1Txt
CityTUKWILACityNm
State AbbreviationWAStateAbbreviationCd
ZIP981683309ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeInd
Debra Somberg
Director Chairperson6.000.00Yes (X)$95,358$0$0
Bill Longbrake
Director6.000.00Yes (X)$85,000$0$0
Denis Farmer
Director6.000.00Yes (X)$80,000$0$0
John McMurray
Director6.000.00Yes (X)$87,858$0$0
Manolo Sanchez
Director6.000.00Yes (X)$77,143$0$0
Matthew Oppenheimer
Director6.000.00Yes (X)$85,000$0$0
Patrick Smith
Director6.000.00Yes (X)$77,143$0$0
Susan Ehrlich
Director6.000.00Yes (X)$82,143$0$0
Vanessa Pegueros
Director6.000.00Yes (X)$73,393$0$0
Will Daugherty
Director6.000.00Yes (X)$42,863$0$0
John Benson Porter
Former President CEO0.000.00$2,354,131$0$4,426Yes (X)
Beverly Anderson
President CEO40.000.00$1,495,789$0$173,149Yes (X)
Melba Bartels
EVP Chief Financial Officer40.000.00$1,664,708$0$97,282Yes (X)
Drew Wolff
EVP Chief Financial Officer40.000.00$285,000$0$0Yes (X)
Mike Ryan
EVP Chief Legal Officer and General Counsel40.000.00$572,956$0$71,191Yes (X)
Shawna Thompson
EVP Head of Operations40.000.00$359,969$0$72,274Yes (X)
Michael Scott Strand
EVP Chief Operating Officer40.000.00$1,455,332$0$74,318Yes (X)
John Stewart
EVP Chief Risk Officer40.000.00$839,988$0$123,001Yes (X)
Nathan Ramachandran
EVP Chief Technology Officer40.000.00$414,232$0$12,637Yes (X)
Douglas Marshall
EVP Chief Product Digital Officer40.000.00$756,586$0$73,065Yes (X)
Jason Rudman
EVP Chief Membership Experience Officer40.000.00$89,728$0$2,695Yes (X)
Raquel Karls
EVP Chief People Officer40.000.00$260,875$0$6,445Yes (X)
Beth Hale
EVP Chief Consumer and Business Solutions Officer40.000.00$232,194$0$1,798Yes (X)
Rick Eiel
EVP Chief Data and Analytics Officer40.000.00$857,477$0$34,009Yes (X)
Thomas Berquist
EVP Chief Marketing Officer40.000.00$2,322,847$0$33,078Yes (X)
Melanie Walsh
EVP Chief Administrative Officer40.000.00$2,434,284$0$36,133Yes (X)
Fumbi Chima
EVP Chief Technology Transformation Officer40.000.00$4,511,727$0$37,122Yes (X)
Dana Gray
SVP Commercial and Business Services40.000.00$642,696$0$88,155Yes (X)
Lisa Grove
SVP Chief Audit Executive40.000.00$436,501$0$89,539Yes (X)
Paul Hutchison
SVP Tech Business Solutions40.000.00$574,251$0$114,304Yes (X)
Sean Murphy
SVP Chief Information Security Officer40.000.00$664,155$0$70,329Yes (X)
Lisa Holley
Sr Mortgage Advisor - Primary Market40.000.00$1,326,429$0$20,827Yes (X)
Linnea Wexler
Sr Commercial Relationship Manager II40.000.00$695,135$0$69,758Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$26,032,891TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,305,535TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1255IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DELOITTE CONSULTING LLP
650 SOUTH TRYON STREETCHARLOTTENC28202CONSULTING SERVICES$20,143,500
DNA BRAND MECHANICS
1301 FITH AVE SUITE 2600SEATTLEWA98101BRANDING & ADVERTISING$16,504,668
MASTERCARD INTERNATIONAL INC
2000 PURCHASE STREETPURCHASENY10577FINANCIAL SERVICES$15,975,677
PSCU INCORPORATED
560 CARILON PKWYST PETERSBURGFL33716ONLINE BANKING$15,867,119
FISERV INC
5325 S MOORLAND RDNEW BERLINWI53151FINANCIAL SERVICES$13,546,918
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1255CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$0GovernmentGrantsAmt
All Other Contributions$0AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
LOAN INTEREST INCOME522291$912,457,234$912,457,234$0$0
FEE INCOME522100$165,968,348$164,892,785$1,075,563$0
BROKER INCOME525990$13,737,320$13,737,320$0$0
CONTRACT INCENTIVE INCOME525990$12,912,225$12,912,225$0$0
OTHER PROGRAM REVENUE523000$8,573,836$8,323,111$250,725$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,966,765TotalRevenueColumnAmt
Related Or Exempt Func Income$1,935,918RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$30,847UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,115,615,728TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$403,288,600TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$403,288,600ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$340,875RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,552,819RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$1,211,944RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,211,944TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$1,211,944ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$609,622,775SecuritiesAmt
Other$10,391,131OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$588,338,137SecuritiesAmt
Other$11,899,129OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$21,284,638SecuritiesAmt
Other-$1,507,998OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,776,640TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$19,776,640ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$0ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
CUSO INVESTMENTS525990$512,129$0$512,129$0
$0$0$0$0
$0$0$0$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$512,129OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,537,981,153TotalRevenueColumnAmt
Related Or Exempt Func Income$1,114,258,593RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,869,264UnrelatedBusinessRevenueAmt
Exclusion$421,853,296ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$9,008,439TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$37,893,682TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$315,203,476TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$26,312,344TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$49,213,555TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$27,270,048TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,458,429TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,904,754TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$48,000TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,004,896TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,089,268TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,086,652TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,661,873TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$68,827,398TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$22,358,287TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,094,082TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,614,819TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$342,978,347TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$34,296,776TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,556,085TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PRODUCT COST & SERVICING$138,477,774$0$0$0
UBI TAX EXPENSE$1,234,623$0$0$0
PROVISION FOR LOAN LOSS$151,765,674$0$0$0
DUES & SUBSCRIPTIONS$894,116$0$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,627,794TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,358,881,191TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Joint Costs TotalJointCostsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$148,202,592BOYAmt
EOY$129,418,738EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,114,581,220BOYAmt
EOY$1,942,292,047EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$231,134BOYAmt
EOY$200,909EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$4,840,615BOYAmt
EOY$4,516,586EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$16,293,510,743BOYAmt
EOY$18,405,177,945EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,354,244BOYAmt
EOY$35,157,320EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$319,660,619LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$179,726,010LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$164,576,182BOYAmt
EOY$139,934,609EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$62,197,880BOYAmt
EOY$716,890,295EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$8,806,305,639BOYAmt
EOY$7,860,527,759EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$15,979,159BOYAmt
EOY$16,385,877EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,138,864,167BOYAmt
EOY$621,387,268EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,780,643,575BOYAmt
EOY$29,871,889,353EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$164,645,091BOYAmt
EOY$158,683,129EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,529,745BOYAmt
EOY$4,895,353EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$663,650,220BOYAmt
EOY$2,486,515,878EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,996,126,860BOYAmt
EOY$24,929,071,823EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$26,832,951,916BOYAmt
EOY$27,579,166,183EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$1,947,691,659BOYAmt
EOY$2,292,723,170EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,947,691,659BOYAmt
EOY$2,292,723,170EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,780,643,575BOYAmt
EOY$29,871,889,353EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$179,099,962ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$198,562,183NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$32,630,634OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$36,600PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Expended527 Activities$36,600Expended527ActivitiesAmt
Internal Funds Contributed$0InternalFundsContributedAmt
Total Exempt Function Expend$36,600TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (true)Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp (39 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPaid Internal FundsPaidInternalFundsAmtContributions Rcvd DlvrContributionsRcvdDlvrAmt
AMY WALEN FOR STATE HOUSE
PO BOX 853REDMONDWA98073824989832$1,200$0
APRIL FOR WASHINGTON
3911 W 27th Ave Ste 101 PMB 101KENNEWICKWA99337874046423$600$0
BRYAN SANDLIN CAMPAIGN COMMITTEE
PO BOX 1770ZILLAHWA98953931498694$600$0
CAMPAIGN TO ELECT PAUL HARRIS
1916 SE 130TH AVEVANCOUVERWA98683272531536$600$0
CITIZENS FOR FRANK CHOPP
4209 SUNNYSIDE AVE NORTHSEATTLEWA98103320020852$600$0
CITIZENS FOR JUNE ROBINSON
616 WETMORE AVEEVERETTWA98201455346884$1,200$0
CITIZENS FOR STEVE BERGQUIST
PO BOX 2050RENTONWA98056454489263$1,200$0
COMMITTEE TO ELECT JACQUELIN MAYCUMBER
PO BOX 945REPUBLICWA99166821133084$1,200$0
COMMITTEE TO ELECT MATT BOEHNKE
6855 W CLEARWATER AVE SUITE 101 PMBKENNEWICKWA99336474567892$600$0
COMMITTEE TO ELECT STEPHANIE MCCLINTOCK
10013 NE Hazel Dell Ave PMB 276VANCOUVERWA98685462908931$600$0
COMMITTEE TO RE-ELECT ED ORCUTT
PO Box 1280KALAMAWA98625900038949$600$0
ELECT MONICA STONIER
7817 NE 69TH STVANCOUVERWA98662271504430$1,200$0
FRIENDS FOR CINDY RYU
PO BOX 33540SEATTLEWA98133202771557$600$0
FRIENDS OF ANDY BILLIG
PO Box 145SPOKANEWA99210271127517$1,200$0
FRIENDS OF APRIL BERG
PO BOX 14893MILL CREEKWA98082850659766$1,200$0
FRIENDS OF BRANDY DONAGHY
PO Box 12572MILL CREEKWA98082834511285$600$0
FRIENDS OF CHIPALO STREET
PO Box 9100SEATTLEWA98109881942133$600$0
FRIENDS OF CHRIS CORRY
PO BOX 1051YAKIMAWA98907825239321$1,200$0
FRIENDS OF CHRIS GILDON
PO Box 71PUYALLUPWA98371825179579$600$0
FRIENDS OF DEREK STANFORD
PO Box 2041BOTHELLWA98041272317624$1,200$0
FRIENDS OF DREW STOKESBARY
PO BOX 92AUBURNWA98071465287065$1,200$0
FRIENDS OF ERIC ROBERTSON
PO Box 1561SUMNERWA98390851080772$1,200$0
FRIENDS OF JOE FITZGIBBON
PO BOX 66235BURIENWA98166272265718$1,200$0
FRIENDS OF LARRY SPRINGER
10536 NE 122ND STKIRKLANDWA98034830382872$600$0
FRIENDS OF LAURIE JINKINS
PO BOX 2032TACOMAWA98401272214467$1,200$0
FRIENDS OF LILLIAN ORTIZ-SELF
PO BOX 581MUKILTEOWA98275463819721$600$0
FRIENDS OF NICOLE MACRI
PO BOX 9100SEATTLEWA98109811159785$600$0
FRIENDS TO ELECT GREG CHENEY
PO Box 981BRUSH PRAIRIEWA98606881915527$600$0
FRIENDS TO ELECT KRISTINE REEVES
PO Box 24153FEDERAL WAYWA98093812277473$1,200$0
FRIENDS TO ELECT LYNDA WILSON
PO Box 820568VANCOUVERWA98682464097009$1,200$0
HACKNEY FOR THE 11TH
PO BOX 10266SEATTLEWA98102844680106$1,200$0
HOUSE DEMOCRATIC CAMPAIGN COMMITTEE
4103 1ST AVE S STE DSEATTLEWA98134916178946$1,200$0
HOUSE REPUBLICAN ORGANIZATIONAL COMMITTEE
PO BOX 7222OLYMPIAWA98507916177625$1,200$0
MARK MULLET FOR GOVERNOR
PO Box 2072ISSAQUAHWA98027931498694$1,200$0
PEOPLE FOR JOE NGUYEN
PO BOX 23037SEATTLEWA98102825037835$600$0
PERRY DOZIER FOR SENATE
PO Box 3042WALLA WALLAWA99362301211223$1,200$0
SENATE REPUBLICAN CAMPAIGN COMMITTEE
PO BOX 11025OLYMPIAWA98508910987396$1,200$0
VOTE BILL RAMOS
1420 NW Gilman Blvd 2268ISSAQUAHWA98027823984405$600$0
WASHINGTON SENATE DEMOCRATIC CAMPAIGN
5628 AIRPORT WAY S STE 108SEATTLEWA98108462614068$1,200$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart IFormAndLineReferenceDesc
Explanation| PartandLinenumber:,Explanation:| Part1ALine1,IN 2023 BECU CONTRIBUTED PRIMARILY TO THE ELECTION CAMPAIGNS OF VARIOUS INDIVIDUALS RUNNING FOR WASHINGTON STATE-ELECTED POSITIONS.|ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,222,858OtherCostOrOtherBasisAmt
Book Value$16,222,858BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$78,830,922OtherCostOrOtherBasisAmt
Depreciation$38,239,435DepreciationAmt
Book Value$40,591,487BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,095,842OtherCostOrOtherBasisAmt
Depreciation$31,614,389DepreciationAmt
Book Value$13,481,454BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$56,811,523OtherCostOrOtherBasisAmt
Depreciation$41,994,605DepreciationAmt
Book Value$14,816,919BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$122,699,473OtherCostOrOtherBasisAmt
Depreciation$87,877,582DepreciationAmt
Book Value$54,821,891BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$139,934,609TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$15,828,695BookValueAmt
Method ValuationFMethodValuationCd

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN STOCK$121,893,300C
HELD TO MATURITY & AFS INVESTMENTS$7,722,805,764F
FieldValueIRS element (for citing)
Total Book Value Securities$7,860,527,759TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
SHARES AND DEPOSITS$24,791,963,628
DIVIDENDS PAYABLE$15,573,270
OTHER LIABILITIES$70,535,096
OUTSTANDING CHECKS$50,999,829
FieldValueIRS element (for citing)
Total Liability$24,929,071,823TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,571,736,271TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$32,714,427NetUnrealizedGainsInvstAmt
Other Revenue$1,552,819OtherRevenueAmt
Revenue Not Reported$34,267,246RevenueNotReportedAmt
Revenue Subtotal$1,537,469,025RevenueSubtotalAmt
Other Revenues Not Included$512,128OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$512,128RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,537,981,153TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,360,434,010TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,552,819OtherExpensesIncludedAmt
Expenses Not Reported$1,552,819ExpensesNotReportedAmt
Expenses Subtotal$1,358,881,191ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,358,881,191TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, line 2THE CREDIT UNION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1986; HOWEVER THE CREDIT UNIONS UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAX. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31 2023 OR 2022. ACCOUNTING PRICIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31 2023 OR 2022.
Part XI, line 2dRENTAL EXPENSES: $1,552,819
Part XI, line 4bCUSO INVESTMENT INCOME: $512,129
Part XII, line 2dRENTAL EXPENSES: $1,552,819

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (167 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
BECU FOUNDATION
12770 GATEWAY DRIVE SRSITY WAY NETUKWILAWA98168911703337501(c)(3)$2,283,772$330,128N ASHARED ADMINSTRATIVE SERVICESOPERATIONS FOR THE BECU FOUNDATION
ADEFUA CULTURAL EDUCATION WORKSHOP
6716 RAINIER AVENUE SSEATTLEWA98118911641230501(c)(3)$10,000$0N AN ADONATION
ADVOCATES FOR IMMIGRANTS IN DETENTION NW
6445 S MONTGOMERY STTACOMAWA98405271031009501(c)(3)$15,000$0N AN ADONATION
AFRICAN AMERICAN CREDIT UNION COALITION
6705 SUGARLOAF PARKWAYDULUTHGA30097571091138501(c)(3)$140,000$0N AN ADONATION
ALIMENTANDO al PUEBLO
15003 14TH AVENUE SWBURIENWA98166863983808501(c)(3)$5,000$0N AN ADONATION
ALLIANCE FOR EDUCATION
509 OLIVE WAY 500SEATTLEWA98101911508191501(c)(3)$45,000$0N AN ADONATION
AMERICAN ONLINE GIVING FOUNDATION INC
40 EAST MAIN ST STE 887NEWARKDE19711810739440501(c)(3)$960,900$0N AN ADONATION
AMERICAS CREDIT UNION MUSEUM FOUNDATION
420 NOTRE DAME AVENUEMANCHESTERNH03102020472576501(c)(3)$5,000$0N AN ADONATION
ANEDEN GIVES
2828 27TH AVENUE WSEATTLEWA98199832624014501(c)(3)$21,427$0N AN ADONATION
ARCH Community Housing Trust Inc
160 2nd Street East Suite 217KetchumID83340753167069501(c)(3)$5,000$0N AN ADONATION
ARLINGTON COMMUNITY FOOD BANK
19118 63rd Avenue NEARLINGTONWA98223911445025501(c)(3)$5,000$0N AN ADONATION
ASSET FUNDERS NETWORK
2045 W GRAND AVE STE B50387CHICAGOIL60612831215288501(c)(3)$6,000$0N AN ADONATION
ASSOCIATION OF WASHINGTON BUSINESS
PO BOX 658OLYMPIAWA98507910496803501(c)(3)$5,000$0N AN ADONATION
BALLARD FOOD BANK
1400 NW LEARY WAYSEATTLEWA98107911428805501(c)(3)$5,000$0N AN ADONATION
BELLEVUE COLLEGE FOUNDATION
3000 LANDERHOLM CIRCLE SE A101BELLEVUEWA98007911051671501(c)(3)$10,000$0N AN ADONATION
BELLINGHAM FOOD BANK
1824 ELLIS STREETBELLINGHAMWA98225910918619501(c)(3)$5,000$0N AN ADONATION
BELLWETHER HOUSING
433 MINOR AVE NSEATTLEWA98109911116960501(c)(3)$5,000$0N AN ADONATION
BigBrothers BigSisters of the Lowcountry
3324 RIVERS AVENUE STE 101NORTH CHARLESTONSC29405833554712501(c)(3)$50,000$0N AN ADONATION
BLACK COFFEE NORTHWEST GROUNDED
20068 15TH AVENUE SESHORELINEWA98155853310755501(c)(3)$20,000$0N AN ADONATION
BONNEY LAKE FOOD BANK
PO BOX 7521BONNEY LAKEWA98391270270499501(c)(3)$7,500$0N AN ADONATION
BOYS AND GIRLS CLUB OF BELLEVUE
209 100TH AVE NEBELLEVUEWA98004910776451501(c)(3)$5,000$0N AN ADONATION
BREMERTON FOOD LINE
1600 12TH STREETBREMERTONWA98337911111086501(c)(3)$5,000$0N AN ADONATION
BRIDGE DISABILITY MINISTRIES
12356 NORTHRUP WAY STE 120BELLEVUEWA98005911383241501(c)(3)$15,000$0N AN ADONATION
BUSINESS IMPACT NW
12720 GATEWAY DR S STE 207TUKWILAWA98168911764008501(c)(3)$233,000$0N AN ADONATION
BUSINESSES ENDING SLAVERY & TRAFFICKING
1201 1ST AVENUE S STE 321SEATTLEWA98134455046786501(c)(3)$5,000$0N AN ADONATION
CALLAHAN & ASSOCIATES INC
1001 Connecticut Avenue NW Ste 1001WASHINGTONDC20036521401942501(c)(3)$50,000$0N AN ADONATION
CAMP READ-A-RAMA
12239 PALATINE AVENUE NSEATTLEWA98133830623728501(c)(3)$21,427$0N AN ADONATION
CARES OF WASHINGTON
1833 N 105TH STREET STE 202SEATTLEWA98133134237286501(c)(3)$30,000$0N AN ADONATION
CARL MAXEY CENTER
3114 EAST 5TH AVENUESPOKANEWA99202824396555501(c)(3)$28,527$0N AN ADONATION
CHRIST KITCHEN
2410 N MONROESPOKANEWA99205473161138501(c)(3)$10,000$0N AN ADONATION
CLIFF AVRIL FAMILY FOUNDATION INC
2144 AUTUMN COVE CIRCLEFLEMING ISLANDFL32003465074297501(c)(3)$5,000$0N AN ADONATION
COCOON HOUSE
3530 COLBY AVENUEEVERETTWA98201911497667501(c)(3)$10,000$0N AN ADONATION
COLLEGE POSSIBLE
755 PRIOR AVENUE N STE 210ST PAULMN55104411968798501(c)(3)$50,000$0N AN ADONATION
COLLEGE SUCCESS FOUNDATION
15500 SE 30TH PLACE STE 200BELLEVUEWA98007912036088501(c)(3)$170,000$0N AN ADONATION
Community Colleges of Spokane Foundation
501 N RIVERPOINT BLVD STE 203SPOKANEWA99202910886962501(c)(3)$10,000$0N AN ADONATION
COMMUNITY ROOTS HOUSING FOUNDATION
1620 12TH AVENUE STE 205SEATTLEWA98122271682190501(c)(3)$6,000$0N AN ADONATION
CWU FOUNDATION
400 E UNIVERSITY WAYELLENSBURGWA98926237017467501(c)(3)$10,000$0N AN ADONATION
DELTA PSI SIGMA FOUNDATION
PO BOX 88749TUKWILAWA98188852862955501(c)(3)$21,427$0N AN ADONATION
DENKYEM SPC
241 WILLIAMS AVENUE S 2RENTONWA98057833111620501(c)(3)$100,000$0N AN ADONATION
DOWNTON BELLINGHAM PARTNERSHIP
114 W MAGNOLIA ST STE 504BELLINGHAMWA98225311762690501(c)(3)$25,000$0N AN ADONATION
DOWNTOWN SPOKANE PARTNERSHIP
818 W RIVERSIDE STE 120SPOKANEWA99201911669474501(c)(3)$30,000$0N AN ADONATION
DUWAMISH RIVER COMMUNITY COALTION
7400 3RD AVENUE SOUTHSEATTLEWA98108204629856501(c)(3)$5,000$0N AN ADONATION
EASTERN WASHINGTON UNIVERSITY FOUNDATION
102 HARGREAVES HALLCHENEYWA99004911019819501(c)(3)$25,000$0N AN ADONATION
Edmonds College Foundation
20000 68TH AVENUE WLYNNWOODWA98036911186554501(c)(3)$5,000$0N AN ADONATION
EL CENTRO DE LA RAZA
2524 16TH AVE SOUTHSEATTLEWA98144910899927501(c)(3)$5,000$0N AN ADONATION
EMMAS EXCEPTIONAL EQUIPMENT EXCHANGE
918 SW 360TH STREETFEDERAL WAYWA98023882040322501(c)(3)$40,000$0N AN ADONATION
EMPOWER YOUTH NETWORK
PO BOX 910 31951 E BIRD STCARNATIONWA98014464274413501(c)(3)$15,000$0N AN ADONATION
ENTRE HERMANOS
1621 S JACKSON ST STE 202SEATTLEWA98144311775429501(c)(3)$10,000$0N AN ADONATION
FAMILY FIRST COMMUNITY CENTER FOUNDATION
16200 116TH AVENUE SERENTONWA98058831031937501(c)(3)$100,000$0N AN ADONATION
FAMILY PROMISE OF SPOKANE
2002 E MISSION AVENUESPOKANEWA99202911707988501(c)(3)$6,000$0N AN ADONATION
FARESTART
700 VIRGINIA STREETSEATTLEWA98101911546757501(c)(3)$75,000$0N AN ADONATION
FEAST COLLECTIVE
1321 W 3RD AVENUESPOKANEWA99201842487545501(c)(3)$10,000$0N AN ADONATION
FEEDING FEASIBLE FEASTS
1509 97TH AVENUE CT EEDGEWOODWA98371853289326501(c)(3)$75,000$0N AN ADONATION
FILIPINO COMMUNITY OF SEATTLE
5740 ML KING JR WAY SOUTHSEATTLEWA98118916055858501(c)(3)$30,000$0N AN ADONATION
FINANCIAL BEGINNINGS WASHINGTON
PO BOX 58032TUKWILAWA98138814631680501(c)(3)$10,000$0N AN ADONATION
FINANCIAL EMPOWERMENT NETWORK
12819 SE 38TH ST 304BELLEVUEWA98006822691437501(c)(3)$5,000$0N AN ADONATION
FOOD LIFELINE
815 S 96TH STREETSEATTLEWA98108911090450501(c)(3)$25,000$0N AN ADONATION
FOR THE PEOPLE
300 QUEEN ANNE AVE N 708SEATTLEWA98109371897766501(c)(3)$15,000$0N AN ADONATION
FREEDOM CHURCH OF SEATTLE
7817 S 125TH STREETSEATTLEWA98178911819218501(c)(3)$100,000$0N AN ADONATION
FRIENDS OF KEXP
472 1ST AVENUE NSEATTLEWA98109912061474501(c)(3)$463,386$0N AN ADONATION
GENDER JUSTICE LEAGUE
1122 E PIKE STREET 969SEATTLEWA98122473399375501(c)(3)$10,000$0N AN ADONATION
GENERATION ALIVE
418 W SHARP AVENUESPOKANEWA99201562598004501(c)(3)$15,000$0N AN ADONATION
GIRL SCOUTS OF WESTERN WASHINGTON
5601 6TH AVE S STE 150SEATTLEWA98108916060940501(c)(3)$5,000$0N AN ADONATION
GIVING BACK PACKS SPOKANE
5428 S REGAL ST UNIT 30321SPOKANEWA99223832160752501(c)(3)$10,000$0N AN ADONATION
GLACIER PEAK INSTITUTE
1405 EMENS AVENUE NDARRINGTONWA98241812374247501(c)(3)$5,000$0N AN ADONATION
GOWEST CREDIT UNION ASSOCIATION
18000 INTERNATIONAL BLVD STE 1102SEATACWA98188910460483501(c)(3)$6,000$0N AN ADONATION
GOWEST FOUNDATION
18000 INTERNATIONAL BLVD STE 1102SEATACWA98188911649328501(c)(3)$62,418$0N AN ADONATION
GSBA SCHOLARSHIP FUND
400 E PINE STREET 322SEATTLEWA98122943138514501(c)(3)$10,000$0N AN ADONATION
HABITAT FOR HUMANITY SEATTLE-KING COUNTY
500 NACHES AVE SW STE 200RENTONWA98057911342397501(c)(3)$50,000$0N AN ADONATION
HEDGEBROOK FOUNDATION
2197 MILLMAN ROADLANGLEYWA98260800012629501(c)(3)$5,000$0N AN ADONATION
HELPING HANDS FOOD BANK
9836 FRUITDALE ROADSEDRO WOOLLEYWA98284911203572501(c)(3)$5,000$0N AN ADONATION
HIGHLINE COLLEGE FOUNDATION
2400 S 240TH ST MS CV3DES MOINESWA98198237428279501(c)(3)$10,000$0N AN ADONATION
HIGHLINE HIGH SCHOOL ALUMNI FOUNDATION
PO BOX 66647BURIENWA98166911667582501(c)(3)$6,000$0N AN ADONATION
Hispanic Business & Professional Assoc
1214 E SPRAGUESPOKANEWA99202743200153501(c)(3)$10,000$0N AN ADONATION
HOPESOURCE
606 W 3RD AVENUEELLENSBURGWA98926910814544501(c)(3)$10,000$0N AN ADONATION
HOUSING CONNECTOR
1301 5TH AVENUE STE 1500SEATTLEWA98101842100263501(c)(3)$10,000$0N AN ADONATION
Housing Dev Consortium of Seattle-King
1326 FIFTH AVENUE STE 230SEATTLEWA98101943073588501(c)(3)$10,000$0N AN ADONATION
HOUSING HOPE
5830 EVERGREEN WAYEVERETTWA98203943060709501(c)(3)$67,500$0N AN ADONATION
INTERIM CDA
310 MAYNARD AVENUE SSEATTLEWA98104911071277501(c)(3)$5,000$0N AN ADONATION
ISSAQUAH FOOD & CLOTHING BANK
179 1ST AVENUE SEISSAQUAHWA98027911245499501(c)(3)$5,000$0N AN ADONATION
JUBILEE REACH
14200 SE 13TH PLBELLEVUEWA98007204074712501(c)(3)$15,000$0N AN ADONATION
JUNIOR ACHIEVEMENT OF OR AND SW WA INC
7830 SE FOSTER ROADPORTLANDOR97206930384007501(c)(3)$62,500$0N AN ADONATION
JUNIOR ACHIEVEMENT OF WASHINGTON
1610 PERIMETER ROADAUBURNWA98001910604913501(c)(3)$205,000$0N AN ADONATION
KING COUNTY BAR ASSOCIATION
1200 FIFTH AVENUE STE 700SEATTLEWA98101910721603501(c)(3)$5,150$0N AN ADONATION
KITSAP BLACK STUDENT UNION
4344 CHANTING CIRCLEPORT ORCHARDWA98367882982666501(c)(3)$21,427$0N AN ADONATION
LAKE STEVENS COMM FOOD BANK ASSOC
8021 20TH STREET SE 101LAKE STEVENSWA98101911215080501(c)(3)$5,000$0N AN ADONATION
LEADERS COACHING LEADERS
7495 W ATLANTIC AVE STE 200 385DEIRAY BEACHFL33446862878501501(c)(3)$100,000$0N AN ADONATION
LEADERSHIP TOMORROW
1301 5TH AVENUE STE 1500SEATTLEWA98101911196293501(c)(3)$5,000$0N AN ADONATION
LOWCOUNTRY FOOD BANK INC
2864 AZALEA DRIVECHARLESTONSC29405570751835501(c)(3)$5,000$0N AN ADONATION
MARYS PLACE
1830 9TH AVENUESEATTLEWA98101272087950501(c)(3)$5,000$0N AN ADONATION
METROPOLITAN IMPROVEMENT DISTRICT
1809 7TH AVE STE 900SEATTLEWA98101742927336501(c)(3)$10,000$0N AN ADONATION
MUKILTEO SCHOOLS FOUNDATION
PO BOX 753MUKILTEOWA98275911576890501(c)(3)$11,000$0N AN ADONATION
MULTI-SERVICE CENTER
1200 S 336TH STREETFEDERAL WAYWA98003237120815501(c)(3)$500$0N AN ADONATION
MUSEUM OF FLIGHT
9404 E Marginal Way SSEATTLEWA98108910785826501(c)(3)$10,000$0N AN ADONATION
NATIONAL ASSOC OF LATINO CU & PROF
2211 N BEDELL AVENUEDEL RIOTX78840852401744501(c)(3)$50,000$0N AN ADONATION
National Assoc of State CU Supervisors
1655 N Fort Myer Dr Ste 650ARLINGTONVA22209541167527501(c)(3)$10,000$0N AN ADONATION
NATIONAL CREDIT UNION FOUNDATION INC
4703 MADISON YARDS WAY STE 300MADISONWI53705391383650501(c)(3)$210,000$0N AN ADONATION
NCBA CLUSA
1775 EYE STREET NW 8TH FLOORWASHINGTONDC20006362007481501(c)(3)$12,238$0N AN ADONATION
NEW START COMMUNITY GARDEN
24031 26TH AVENUE SDES MOINESWA98198821358507501(c)(3)$15,000$0N AN ADONATION
NORTH HELPLINE
12736 33RD AVE NESEATTLEWA98125911475182501(c)(3)$12,500$0N AN ADONATION
NORTHEAST YOUTH CENTER
3004 E QUEEN AVENUESPOKANEWA99217710886315501(c)(3)$15,000$0N AN ADONATION
NORTHWEST CENTER
1119 SW 7TH STREETRENTONWA98057910786790501(c)(3)$5,000$0N AN ADONATION
NORTHWEST INNOVATION RESOURCE CENTER
2200 RIMLAND DR STE 210BELLINGHAMWA98226273156063501(c)(3)$40,000$0N AN ADONATION
NOURISH PIERCE COUNTY
1702 S 72ND STREET STE ETACOMAWA98408911198391501(c)(3)$5,000$0N AN ADONATION
OLYMPIA COMMUNITY SOLAR
209 5TH AVENUE SEOLYMPIAWA98502832686367501(c)(3)$5,500$0N AN ADONATION
OMF COMMUNITY OUTREACH
19807 80TH PLACE WEDMONDSWA98026454643068501(c)(3)$10,000$0N AN ADONATION
ONE WORLD NOW
PO BOX 3263SEATTLEWA98114752981831501(c)(3)$50,000$0N AN ADONATION
OPERATION HOMEFRONT INC
17319 SAN PEDRO AVE STE 505SAN ANTONIOTX78232320033325501(c)(3)$10,000$0N AN ADONATION
OSPI-FEPPP
PO BOX 47200OLYMPIAWA98504916001112501(c)(3)$5,000$0N AN ADONATION
PFLAG SKAGIT
1777 S BURLINGTON BLVD 200BURLINGTONWA98233912124744501(c)(3)$30,000$0N AN ADONATION
PLYMOUTH HOUSING GROUP
2113 THIRD AVENUESEATTLEWA98121911122621501(c)(3)$40,000$0N AN ADONATION
PONGO POETRY PROJECT
130 2ND AVENUE N 3068EDMONDSWA98020912114772501(c)(3)$15,000$0N AN ADONATION
RAINBOW CENTER
2215 PACIFIC AVENUETACOMAWA98402911859897501(c)(3)$12,500$0N AN ADONATION
REAL CHANGE HOMELESS EMPOWERMENT PROJECT
219 1ST AVENUE S STE 220SEATTLEWA98104911817387501(c)(3)$15,000$0N AN ADONATION
RECLAIM
3815 S OTHELLO ST STE 100SEATTLEWA98118203469787501(c)(3)$15,000$0N AN ADONATION
REFUGEE ARTISAN INITIATIVE
12337 LAKE CITY WAY NESEATTLEWA98125820961407501(c)(3)$5,000$0N AN ADONATION
RENTON REGIONAL COMMUNITY FOUNDATION
PO BOX 820RENTONWA98057237069988501(c)(3)$47,500$0N AN ADONATION
RIVERTON PARK UNITED METHODIST CHURCH
3118 S 140TH STREETTUKWILAWA98168910845808501(c)(3)$5,000$0N AN ADONATION
SCORE GREATER SEATTLE
2401 4TH AVENUE STE 450SEATTLEWA98121521067290501(c)(3)$15,000$0N AN ADONATION
SEATTLE COLLEGES FOUNDATION
1500 HARVARD AVENUESEATTLEWA98122830551671501(c)(3)$175,000$0N AN ADONATION
SEATTLE FOUNDATION
1601 FIFTH AVE STE 1900SEATTLEWA98101916013536501(c)(3)$300,000$0N AN ADONATION
SEATTLE GOOD BUSINESS NETWORK
1143 MARTIN LUTHER KING JR WAY 77SEATTLEWA98122272172486501(c)(3)$55,000$0N AN ADONATION
SEATTLE UNIVERSAL MATH MUSEUM
5912 83RD PLACE SEMERCER ISLANDWA98040842800368501(c)(3)$15,000$0N AN ADONATION
SEATTLE UNIVERSITY
PO BOX 222000SEATTLEWA98122910565006501(c)(3)$5,000$0N AN ADONATION
SECOND HARVEST INLAND NORTHWEST
1234 E FRONT AVENUESPOKANEWA99202237173826501(c)(3)$10,000$0N AN ADONATION
SHADES OF DIVINITY
1712 6TH AVENUE STE 100TACOMAWA98405921698988501(c)(3)$21,427$0N AN ADONATION
SHUNPIKE
815 SEATTLE BLVD S STE 215SEATTLEWA98134912138554501(c)(3)$21,427$0N AN ADONATION
SKAGIT VALLEY COLLEGE FOUNDATION
2405 EAST COLLEGE WAYMOUNT VERNONWA98273911012915501(c)(3)$5,000$0N AN ADONATION
SOUTH SOUND OUTREACH SERVICES
1106 MARTIN LUTHER KING JR WAYTACOMAWA98405911741624501(c)(3)$15,000$0N AN ADONATION
SPOKANE NEIGHBORHOOD ACTION PARTNERS
3102 W WHISTALKS WAYSPOKANEWA99224911311127501(c)(3)$129,434$0N AN ADONATION
STANWOOD CAMANO FOOD BANK SERVICES
27030 102ND AVE NW PO BOX 1285STANWOODWA98292911155426501(c)(3)$15,000$0N AN ADONATION
STEP BY STEP FAMILY SUPPORT CENTER
PO BOX 488MILTONWA98354911871945501(c)(3)$10,000$0N AN ADONATION
Susan Evelyn Mitchell Foundation
1256 Denver StreetBOULDER CITYNV89005880241420501(c)(3)$25,000$0N AN ADONATION
SUSTAINABLE CONNECTIONS
1701 ELLIS STREET STE 221BELLINGHAMWA98225753041952501(c)(3)$5,000$0N AN ADONATION
TACOMA COMMUNITY COLLEGE FOUNDATION
6501 S 19TH STREET BLDG 6TACOMAWA98466916073780501(c)(3)$5,000$0N AN ADONATION
TACOMA OPERA ASSOCIATION
1720 S 7TH STREET STE 104 105TACOMAWA98405911237511501(c)(3)$10,000$0N AN ADONATION
TACOMA URBAN LEAGUE
2550 S YAKIMA AVENUE UNIT ATACOMAWA98405910826302501(c)(3)$10,000$0N AN ADONATION
TARRANT AREA FOOD BANK
2525 CULLEN STREETFORT WORTHTX76107751822473501(c)(3)$11,071$0N AN ADONATION
TASVEER
1826 247TH PLACE NEREDMONDWA98074200886886501(c)(3)$10,000$0N AN ADONATION
THE 234 PROJECT FOUNDATION
914 COPPER LAKE ROADCEDAR PARKTX78613823840573501(c)(3)$5,000$0N AN ADONATION
THE BE PROJECT
5218 S BRIGHTON STREETSEATTLEWA98118870840474501(c)(3)$5,000$0N AN ADONATION
THE BRIDGE MUSIC PROJECT
120 STATE AVENUE 1417OLYMPIAWA98501821633999501(c)(3)$15,000$0N AN ADONATION
THE EVERGREEN STATE COLLEGE FOUNDATION
2700 EVERGREEN PKWY NWOLYMPIAWA98505910981488501(c)(3)$10,000$0N AN ADONATION
UMOJA PEACE CENTER
PO BOX 22328SEATTLEWA98122463934123501(c)(3)$5,000$0N AN ADONATION
UNEMPLOYMENT LAW PROJECT
1904 3RD AVENUE STE 604SEATTLEWA98101911505747501(c)(3)$15,000$0N AN ADONATION
UNITED WAY OF PIERCE COUNTY
1501 PACIFIC AVENUE 4TH FLRTACOMAWA98402910650669501(c)(3)$20,000$0N AN ADONATION
University of Washington
1410 NE CAMPUS PKWYSEATTLEWA98195916001537501(c)(3)$95,000$0N AN ADONATION
UPLIFT NORTHWEST
2515 WESTERN AVENUESEATTLEWA98121910607513501(c)(3)$5,000$0N AN ADONATION
URBAN ARTWORKS
815 SEATTLE BLVD S STE B7SEATTLEWA98134911939910501(c)(3)$15,000$0N AN ADONATION
URBAN LEAGUE OF METROPOLITAN SEATTLE
105 14TH AVENUE STE 200SEATTLEWA98122910575954501(c)(3)$7,500$0N AN ADONATION
VENTURES
2100 24TH AVE S 380SEATTLEWA98144911704028501(c)(3)$7,500$0N AN ADONATION
WASHINGTON HOME BUILDERS FOUNDATION
300 DESCHUTES WAY SW STE 300TUMWATERWA98501460667648501(c)(3)$5,000$0N AN ADONATION
WASHINGTON WEST AFRICAN CENTER
3909 164TH ST SW STE 201LYNNWOODWA98087815319066501(c)(3)$5,000$0N AN ADONATION
WASHINGTON WOMEN IN NEED
232 5TH AVENUE S STE 201KIRKLANDWA98033911559848501(c)(3)$10,000$0N AN ADONATION
WHATCOM CENTER FOR EARLY LEARNING
2001 H STREETBELLINGHAMWA98225911526226501(c)(3)$15,000$0N AN ADONATION
WHITE CENTER FOOD BANK
126 SW 148TH ST STE C100 BOX 97SEATTLEWA98166911167830501(c)(3)$20,000$0N AN ADONATION
WILLAMETTE UNIVERSITY
900 STATE STREETSALEMOR97301930386972501(c)(3)$5,000$0N AN ADONATION
Worldwide Foundation for Credit Unions
5710 Mineral Point RoadMADISONWI53705396093210501(c)(3)$25,000$0N AN ADONATION
WSU FOUNDATION
411 E Spokane Falls BlvdSPOKANEWA99202911075542501(c)(3)$325,000$0N AN ADONATION
YEAR UP INC
45 MILK STREET 9TH FLRBOSTONMA02109043534407501(c)(3)$20,000$0N AN ADONATION
YOUNG WOMEN EMPOWERED
5623 RAINIER AVENUE SSEATTLEWA98118472230647501(c)(3)$10,000$0N AN ADONATION
YOUR MONEY MATTERS
12113 SE 304TH CTAUBURNWA98092823618832501(c)(3)$50,000$0N AN ADONATION
YOUTHCARE
2500 NE 54TH STREETSEATTLEWA98105910917079501(c)(3)$20,000$0N AN ADONATION
ZEBRAS UNITE
4207 SE WOODSTOCK BLVD 486PORTLANDOR97206830996530501(c)(3)$10,000$0N AN ADONATION
ZIA LARSONS RAY OF LIGHT FOUNDATION
1425 BROADWAY UNIT 225SEATTLEWA98122820892804501(c)(3)$21,427$0N AN ADONATION
350 SEATTLE
5031 UNIVERSITY WAY NESEATTLEWA98105464201865501(c)(3)$15,000$0N AN ADONATION
EXPRESS CREDIT UNION
1930 6TH AVE SSEATTLEWA98134910573334501(c)(14)$592,818$0N AN ASUPPORT
FieldValueIRS element (for citing)
Total501c3 Org166Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 2FormAndLineReferenceDesc
ExplanationBECU MONITORS THE USE OF GRANTS IN THE U.S. BY ASKING EACH OF OUR NON-PROFIT GRANT OR DONATION RECIPIENTS TO PROVIDE PERIODIC UPDATES AND RANDOMLY CONDUCT ON-SITE VISITS OF GRANT RECIPIENTS. BECU GIFT MATCHING GUIDELINES REQUIRE THE DONEE ORGANIZATION OT PROVIDE PROOF OF RECEIPT OF FUNDS AND THEIR FEDERAL TAX IDENTIFICATION NUMBER.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (23 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
John Benson Porter
Former President CEO$755,050$0$861,148$0$737,932$0$4,215$0$213$0$2,358,558$0$0$0
Beverly Anderson
President CEO$747,111$0$500,000$0$248,678$0$159,234$0$13,915$0$1,668,938$0$0$0
Melba Bartels
EVP Chief Financial Officer$576,910$0$845,481$0$242,316$0$72,182$0$25,100$0$1,761,989$0$0$0
Drew Wolff
EVP Chief Financial Officer$85,000$0$200,000$0$0$0$0$0$0$0$285,000$0$0$0
Mike Ryan
EVP Chief Legal Officer and General Counsel$362,495$0$208,988$0$1,473$0$47,541$0$23,650$0$644,147$0$0$0
Shawna Thompson
EVP Head of Operations$247,668$0$95,968$0$16,333$0$42,183$0$30,092$0$432,244$0$0$0
Michael Scott Strand
EVP Chief Operating Officer$541,268$0$792,552$0$121,513$0$48,604$0$25,713$0$1,529,650$0$0$0
John Stewart
EVP Chief Risk Officer$421,728$0$400,559$0$17,702$0$98,114$0$24,887$0$962,990$0$0$0
Nathan Ramachandran
EVP Chief Technology Officer$211,422$0$200,000$0$2,810$0$5,458$0$7,179$0$426,869$0$0$0
Douglas Marshall
EVP Chief Product & Digital Officer$373,465$0$363,608$0$19,513$0$51,288$0$21,777$0$829,651$0$0$0
Jason Rudman
EVP Chief Membership Experience Officer$59,957$0$0$0$29,771$0$505$0$2,190$0$92,423$0$0$0
Raquel Karls
EVP Chief People Officer$60,507$0$200,000$0$368$0$1,592$0$4,852$0$267,319$0$0$0
Beth Hale
EVP Chief Consumer and Business Solutions Officer$31,850$0$200,000$0$344$0$0$0$1,798$0$233,992$0$0$0
Rick Eiel
EVP Chief Data and Analytics Officer$414,853$0$350,000$0$92,624$0$12,058$0$21,951$0$891,486$0$0$0
Thomas Berquist
EVP Chief Marketing Officer$348,091$0$344,198$0$1,630,558$0$10,129$0$22,949$0$2,355,925$0$0$0
Melanie Walsh
EVP Chief Administrative Officer$359,920$0$372,879$0$1,701,486$0$11,457$0$24,675$0$2,470,417$0$0$0
Fumbi Chima
EVP Chief Technology & Transformation Officer$654,011$0$634,671$0$3,223,044$0$9,221$0$27,902$0$4,548,849$0$246,844$0
Dana Gray
SVP Commercial and Business Services$357,104$0$276,616$0$8,976$0$63,505$0$24,650$0$730,851$0$0$0
Lisa Grove
SVP Chief Audit Executive$289,604$0$140,422$0$6,475$0$60,675$0$28,864$0$526,040$0$0$0
Paul Hutchison
SVP Tech Business Solutions$384,683$0$185,361$0$4,207$0$84,405$0$29,899$0$688,555$0$0$0
Sean Murphy
SVP Chief Information Security Officer$447,537$0$211,681$0$4,937$0$66,181$0$4,148$0$734,484$0$0$0
Lisa Holley
Sr Mortgage Advisor - Primary Market$71,261$0$1,255,096$0$72$0$11,250$0$9,577$0$1,347,256$0$0$0
Linnea Wexler
Sr Commercial Relationship Manager II$154,751$0$539,198$0$1,186$0$34,134$0$35,624$0$764,893$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II Line 1| Name :, Title:, Item Selected:, Description:| ALL, Compensation expenses have increased due to recent changes in leadership which included several retirements with exit packages and deferred compensation benefits as well as the overlapping transition period for incoming new leaders.|
Part I Line 4a| Name :, Amount:| Severance compensation, 1701753|
Part I Line 4b| Name :, Title:, Item Selected:, Amount:| Executive retirement compensation, 5857652|

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI, Line 6BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATE OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS. AT ALL MEETINGS EACH MEMBER WITH ONE OR MORE FULLY PAID SHARES WILL HAVE ONE VOTE SUBJECT TO CERTAIN CONDITIONS.
Part VI, Line 7aBECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS AND WHO MAINTAIN A SHARE ACCOUNT WITH A MINIMUM BALANCE AS SET BY BECU. AT ALL MEETINGS EACH MEMBER HAS ONE VOTE SUBJECT TO CERTAIN CONDITIONS.
Part VI, Line 7bBOARD APPROVAL OF A MERGER IS SUBJECT TO APPROVAL BY OUR MEMBERS.
Part VI, Line 11bDIRECTOR OF FINANICAL REPORTING POLICY & TAX; SENIOR VICE PRESIDENT OF ACCOUNTING; EXECUTIVE VICE PRESIDENT GENERAL COUNSEL; VICE PRESIDENT OF HUMAN RESOURCES; AND VICE PRESIDENT OF GOVERNMENT RELATIONS REVIEW FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER BEFORE IT IS FILED FOR INFORMATIONAL PURPOSES.
Part VI, Line 12cALL DIRECTORS AUDIT COMMITTEE MEMBERS OFFICERS AND KEY EMPLOYEES ARE SUBJECT TO THE BOARD-APPROVED CONFLICTS OF INTEREST TRANSACTIONS POLICY WHICH REQUIRES ANNUAL CERTIFICATION THAT EACH INDIVIDUAL HAS REVIEWED THE POLICY AND HAS MADE ALL REQUIRED DISCLOSURES. THE LEGAL DEPARTMENT TRACKS COMPLIANCE WITH THE ANNUAL CERTIFICATION REQUIREMENT.
Part VI, Line 15In establishing President CEO and Executive Vice President EVP compensation BECU considers the competitive landscape including without limitation the financial services industry credit union peers and relevant regional markets. Recognizing BECUs size scope talent marketplace and cooperative nature BECU targets market competitive EVP compensation that emphasizes pay-for-performance. Annually and subject to BECU Board approval the BECU Compensation Committee approves President CEO compensation and benefits. Annually and under delegated authority from the BECU Board the BECU Compensation Committee approves EVPs compensation and benefits. These approvals reflect as needed the advice of an independent compensation consultant and use a variety of industry survey sources. The last compensation review was conducted in 2023.
Part VI, Line 19BECUS BYLAWS CORPORATE GOVERNANCE OVERVIEW AND FINANCIAL DATA ARE POSTED AND AVAILABLE TO THE PUBLIC ON THE BECU.ORG WEBSITE. BECUS FINANCIAL DATA IS ALSO AVAILABLE TO THE PUBLIC VIA THE NCUA WEBSITE.
Part XI, Line 9| Description:, Explanation:, Amount:| OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS, OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS, $8434384| ASSET IMPAIRMENT, ASSET IMPAIRMENT, $-3784546| ADOPTION OF CECL ACCOUNTING STANDARD, ADOPTION OF CECL ACCOUNTING STANDARD, $-36768343| ELIMINATION OF CUSO INVESTMENT FROM NET ASSET, ELIMINATION OF CUSO INVESTMENT FROM NET ASSET, $-512129|
Part VII General| Explanation:| Compensation expenses have increased due to recent changes in leadership which included several retirements with exit packages and deferred compensation benefits as well as the overlapping transition period for incoming new leaders.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1EMPLOYEE BENEFIT FUNDING TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line114025 Riveredge Drive Suite 280AddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33637ZIPCd
FieldValueIRS element (for citing)
EIN470924028EIN
Primary ActivitiesEMPLOYEE MEDICAL & PAID TIME-OFF BENEFIT OBLIGATIONSPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd
Total Income$30,537,637TotalIncomeAmt
End Of Year Assets$546,402,927EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BECUBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BECU FoundationBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112770 Gateway Dr SAddressLine1Txt
CityTukwilaCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98168ZIPCd
FieldValueIRS element (for citing)
EIN911703337EIN
Primary ActivitiesSCHOLARSHIPS & COMMUNITY GIVINGPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusPFPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1N ABusinessNameLine1Txt