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 91-0440744)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202413209349307321
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T10:07:48-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 EAST THOMAS ROAD SUITE 2300 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910440744 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREDIT UNIONS IN THE STATE OF WASHINGTON | BusinessNameLine1Txt |
| Business Name Line2 | TWINSTAR CREDIT UNION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRED | BusinessNameControlTxt |
| Phone | 8002583115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1Txt |
| City | OLYMPIA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98507 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY STEEPY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8002583115 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELISSA HANGSLEBEN | PreparerPersonNm |
| PTIN | P02087031 | PTIN |
| Phone | 6022662248 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFF KENNEDY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1Txt |
| City | OLYMPIA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98507 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $407,673,571 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TWINSTARCU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | TO INVEST IN PEOPLE AND EMPOWER SUCCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 923 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $440,073 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,119,422 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $216,211,648 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,396,035 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,407,516 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$3,464 | PYOtherRevenueAmt |
| CY Other Revenue | $31,825 | CYOtherRevenueAmt |
| PY Total Revenue | $119,511,993 | PYTotalRevenueAmt |
| CY Total Revenue | $237,650,989 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $839,085 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,152,325 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,210,449 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $38,251,035 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,833,120 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $69,692,412 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $42,882,782 | PYOtherExpensesAmt |
| CY Other Expenses | $96,265,424 | CYOtherExpensesAmt |
| PY Total Expenses | $93,765,436 | PYTotalExpensesAmt |
| CY Total Expenses | $205,361,196 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $25,746,557 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $32,289,793 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,252,123,510 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,200,889,028 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,091,928,078 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,814,489,065 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $160,195,432 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $386,399,963 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INVEST IN PEOPLE, CHAMPION SUCCESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | IN 2023, WITH THE COMBINED STRENGTH OF TWINSTAR CREDIT UNION AND NORTHWEST CREDIT UNION, OUR MISSION IS TO INVEST IN PEOPLE AND CHAMPION SUCCESS. WE LOOK TO HELPING OUR MEMBERS AND THE COMMUNITIES WE SERVE TO ACHIEVE FINANCIAL SECURITY AND PROVIDE AVENUES THROUGH FINANCIAL SERVICES AND EDUCATION TO EMPOWER OUR MEMBERS TO REACH THEIR DREAMS.SHARE ACCOUNTS: TWINSTAR SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. TWINSTAR HAD 256,254 MEMBERS ON DECEMBER 31, 2023. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE, MOBILE BANKING AND VIA ATMS WORLDWIDE. SPECIAL SAVINGS ACCOUNTS ARE DESIGNED FOR CHILDREN AND TEENAGERS TO ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHECKING ACCOUNTS: TWINSTAR PROVIDES CHECKING ACCOUNTS FOR CONSUMERS WITH VARIOUS FEATURES, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, TWINSTAR EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS, MOBILE BANKING AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONSUMER LOANS: TWINSTAR CREDIT UNION HAS PROVIDED VEHICLE LOANS SINCE ITS EARLY YEARS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES, BOATS AND MOTORCYCLES. TWINSTAR ALSO OFFERS VISA CREDIT CARDS TO MEMBERS. THIS PRODUCT LINE SATISFIES MEMBERS DIVERSE BORROWING NEEDS, FROM A SHARE SECURED CARD TO A CREDIT LINE FOR YOUNG BORROWERS TO A CARD WITH LARGER CREDIT LINES AND LOW INTEREST RATES. TWINSTAR ALSO OFFERS HOME EQUITY/REAL ESTATE LOANS, BUSINESS LOANS AND STUDENT LOAN REFINANCE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WE OFFER AND ACTIVELY SELL TO OUR MEMBERS DIFFERENT KINDS OF INSURANCE, HOMEOWNERS, CONDO, RENTERS TRAVEL TRAILERS, RV'S, AUTO, MOTORCYCLE, WATERCRAFT, MOBILE/MANUFACTURED HOMES, ATV'S, UMBRELLA, PERSONAL EXCESS POLICIES, EARTHQUAKE, FLOOD, COMMERCIAL AUTO, AND SMALL BUSINESS LOANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 98375 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 923 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIMBERLY STEEPY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8002583115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1Txt |
| City | OLYMPIA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98507 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| BRAD ANDERSON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $11,667 | $0 | $0 | |||
| BARB BLACKMORE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $11,667 | $0 | $0 | |||
| DONNA FELICIANO | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $26,320 | $0 | $0 | |||
| GAYLA GJERTSEN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $17,917 | $0 | $0 | |||
| RONALD HASTIE | |||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | $24,695 | $0 | $0 | Yes (X) | ||
| BRIAN HURLEY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $19,765 | $0 | $0 | |||
| RICHARD LEUNG | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $11,667 | $0 | $0 | |||
| KIM MARTIN | |||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | $22,701 | $0 | $0 | Yes (X) | ||
| JENA MILLER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $17,917 | $0 | $0 | |||
| MARK NEARY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $22,292 | $0 | $0 | |||
| THOMAS PETTUS-CZAR | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $14,583 | $0 | $0 | |||
| DAVID RAINWATER | |||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | $20,417 | $0 | $0 | Yes (X) | ||
| JON RUIZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $14,583 | $0 | $0 | |||
| JEFF KENNEDY | |||||||||
| CEO/TREASURER | 40.00 | 0.30 | $1,121,876 | $0 | $869,466 | Yes (X) | |||
| JOHN IGLESIAS | |||||||||
| PRESIDENT | 40.00 | 0.00 | $546,420 | $0 | $193,495 | Yes (X) | |||
| KIMBERLY STEEPY | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.30 | $350,743 | $0 | $44,477 | Yes (X) | |||
| JERROD KELLER | |||||||||
| CHIEF OPERATIONS OFFICER (THRU 7/23) | 40.00 | 0.00 | $230,330 | $0 | $29,654 | Yes (X) | |||
| AARON PALMER | |||||||||
| CHIEF REVENUE OFFICER | 40.00 | 0.00 | $337,453 | $0 | $135,764 | Yes (X) | |||
| TAMMY TEETER | |||||||||
| CHIEF ADMINISTRATIVE OFFICER | 40.00 | 0.00 | $299,329 | $0 | $45,836 | Yes (X) | |||
| CHERYL CROW | |||||||||
| CHIEF CREDIT OFFICER | 40.00 | 0.00 | $167,264 | $0 | $31,149 | Yes (X) | |||
| ALAN PITCHER | |||||||||
| CHIEF INFORMATION OFFICER | 40.00 | 0.00 | $172,603 | $0 | $28,826 | Yes (X) | |||
| KENNETH MYHRA | |||||||||
| CHIEF PAYMENTS OFFICER | 40.00 | 0.00 | $165,506 | $0 | $24,400 | Yes (X) | |||
| JEFFREY YODER | |||||||||
| CHIEF ACCOUNTING OFFICER | 40.00 | 0.00 | $150,524 | $0 | $25,304 | Yes (X) | |||
| PATRICE KRUGER | |||||||||
| VP CHANNEL SERVICES | 40.00 | 0.00 | $218,411 | $0 | $34,979 | Yes (X) | |||
| DIANE SOKOLIK | |||||||||
| VP CONSUMER LENDING | 40.00 | 0.00 | $208,776 | $0 | $43,018 | Yes (X) | |||
| DEBRA GILDNER | |||||||||
| VP ACCOUNTING & FINANCE | 40.00 | 0.00 | $213,846 | $0 | $32,184 | Yes (X) | |||
| RACARDO MCLAUGHLIN | |||||||||
| VP MORTGAGE LENDING | 40.00 | 0.00 | $213,946 | $0 | $31,155 | Yes (X) | |||
| LAURIE KRESL | |||||||||
| VP MARKETING | 40.00 | 1.00 | $207,925 | $0 | $27,960 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,841,143 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,597,667 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 95 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FISERV | |||||
| PO BOX 208457 | DALLAS | TX | 75320 | FINANCIAL TECHNOLOGY SERVICES | $3,107,631 |
| NARMI INC | |||||
| PO BOX 231517 | NEW YORK | NY | 10023 | ONLINE BANKING SERVICES | $2,319,425 |
| JACK HENRY & ASSOCIATES INC | |||||
| PO BOX 609 | MONETT | MO | 65708 | SOFTWARE MAINTENANCE/CONSULTING | $1,035,742 |
| Q2 SOFTWARE INC | |||||
| PO BOX 678272 | DALLAS | TX | 75267 | ELECTRONIC BANKING SERVICES | $795,180 |
| ALM FIRST GROUP LLC | |||||
| 3800 MAPLE AVE STE 600 | DALLAS | TX | 75219 | ASSET AND LIABILITY MANAGEMENT SERVICES | $739,429 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 81 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $163,823,409 | $163,823,409 | |
| SERVICE CHARGES AND FEES | 522100 | $25,705,271 | $25,697,505 | $7,766 |
| VISA/INTERCHANGE INCOME | 522100 | $20,555,680 | $20,407,598 | $148,082 |
| OTHER NONINTEREST INCOME | 522100 | $3,619,175 | $3,334,950 | $284,225 |
| LOAN SALES AND SERVICING INCOME | 522100 | $2,508,113 | $2,508,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $216,211,648 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,850,664 | TotalRevenueColumnAmt |
| Exclusion | $20,850,664 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $48,361 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $16,536 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $31,825 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,825 | TotalRevenueColumnAmt |
| Exclusion | $31,825 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $170,490,870 | SecuritiesAmt |
| Other | $72,028 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $169,983,318 | SecuritiesAmt |
| Other | $22,728 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $507,552 | SecuritiesAmt |
| Other | $49,300 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $556,852 | TotalRevenueColumnAmt |
| Exclusion | $556,852 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $237,650,989 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $215,771,575 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $440,073 | UnrelatedBusinessRevenueAmt |
| Exclusion | $21,439,341 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,099,375 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,950 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,251,035 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,206,610 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,253,113 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,412,742 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,338,233 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,481,714 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,512,812 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,626 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,019,923 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,644,220 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,397,024 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,697,471 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,341,711 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $973,747 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $690,995 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,630,773 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $557,187 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,247,006 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $541,185 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $27,668,733 |
| MEMBER SERVICES | $13,105,472 |
| LOAN SERVICING EXPENSES | $4,969,710 |
| OTHER EXPENSES | $4,839,340 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,489 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,361,196 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,531,081 | BOYAmt |
| EOY | $146,100,369 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,376,098 | BOYAmt |
| EOY | $94,692,598 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,575,919 | BOYAmt |
| EOY | $4,678,190 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,644,894,203 | BOYAmt |
| EOY | $3,218,683,505 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,122,855 | BOYAmt |
| EOY | $9,313,819 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $133,021,773 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,135,983 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,280,287 | BOYAmt |
| EOY | $74,885,790 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $398,585,319 | BOYAmt |
| EOY | $385,604,937 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,989,412 | BOYAmt |
| EOY | $23,594,189 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $131,420,142 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,768,336 | BOYAmt |
| EOY | $111,915,489 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,252,123,510 | BOYAmt |
| EOY | $4,200,889,028 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,147,170 | BOYAmt |
| EOY | $48,039,358 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,176,679 | BOYAmt |
| EOY | $3,906,464 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,000,000 | BOYAmt |
| EOY | $305,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,980,604,229 | BOYAmt |
| EOY | $3,457,543,243 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,091,928,078 | BOYAmt |
| EOY | $3,814,489,065 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,195,432 | BOYAmt |
| EOY | $386,399,963 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,195,432 | BOYAmt |
| EOY | $386,399,963 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,252,123,510 | BOYAmt |
| EOY | $4,200,889,028 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $32,289,793 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,489,440 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $187,425,298 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $10,000 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Expended527 Activities | $0 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $10,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $10,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOWEST CREDIT UNION ASSOCIATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18000 INTERNATIONAL BLVD STE 350 | AddressLine1Txt |
| City | SEATAC | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98188 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910460483 | EIN |
| Paid Internal Funds | $10,000 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | CONTRIBUTION TO POLITICAL ORGANIZATION | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,265,481 | OtherCostOrOtherBasisAmt |
| Book Value | $18,265,481 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $75,798,224 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,598,492 | DepreciationAmt |
| Book Value | $45,199,732 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,493,214 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,220,448 | DepreciationAmt |
| Book Value | $2,272,766 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,238,628 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,514,281 | DepreciationAmt |
| Book Value | $8,724,347 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,226,226 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,802,762 | DepreciationAmt |
| Book Value | $423,464 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $74,885,790 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| MEMBERS' SHARE AND SAVINGS ACCOUNTS | $3,447,116,422 |
| DEFERRED COMPENSATION LIABILITIES | $5,642,987 |
| LEASE LIABILITY | $4,783,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,457,543,243 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | CUSTODIAL ESCROW BALANCES MAINTAINED IN CONNECTION WITH LOAN SERVICING. |
| PART X, LINE 2: | THE CREDIT UNION IS STATE CHARTERED AND FEDERALLY TAX-EXEMPT UNDER INTERNAL REVENUE CODE 501(C)(14), EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2023. THE CREDIT UNION RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A NONINTEREST EXPENSE. DURING THE YEAR ENDED DECEMBER 31, 2023, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (32 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| TWINSTAR COMMUNITY FOUNDATION | ||||||||
| 4501 INTELCO LP SE | LACEY | WA | 98503 | 371768613 | 501(C)(3) | $338,113 | $0 | COLLEGE/HIGHER ED SCHOLARSHIPS/CLASSROOM ASSISTANCE |
| MULTICARE FOUNDATIONS | ||||||||
| PO BOX 5296 | TACOMA | WA | 98415 | 911514257 | 501(C)(3) | $75,000 | $0 | HELPING HANDS SPONSORSHIP |
| NORTH THURSTON PUBLIC SCHOOLS | ||||||||
| 305 COLLEGE ST NE | LACEY | WA | 985165390 | 916017626 | CITY OF LACEY | $41,500 | $0 | ONE SCHOOL/ONE BOOK SPONSORSHIP |
| SPSCC FOUNDATION | ||||||||
| 2011 MOTTMAN RD SW | OLYMPIA | WA | 98512 | 911174940 | 501(C)(3) | $38,500 | $0 | EVENT SPONSORSHIP; SCHOLARS FUND |
| SAINT MARTIN'S UNIVERSITY | ||||||||
| 5300 PACIFIC AVE SE | LACEY | WA | 98503 | 910564993 | CITY OF LACEY | $36,202 | $0 | ATHLETICS SPONSORSHIP |
| GOWEST CREDIT UNION FOUNDATION | ||||||||
| 18000 INTERNATIONAL BLVD STE 1102 | SEATAC | WA | 98188 | 911649328 | 501(C)(3) | $28,250 | $0 | CU FOR KIDS DONATION |
| EVERGREEN SCHOOL DISTRICT FOUNDATION | ||||||||
| 13215 C-8 MILL PLAIN BLVD | VANCOUVER | WA | 98684 | 911714854 | CITY OF VANCOUVER | $17,500 | $0 | GENERAL OPERATIONS |
| ASIA PACIFIC CULTURAL CENTER | ||||||||
| 3513 EAST PORTLAND AVE | TACOMA | WA | 98404 | 911854410 | 501(C)(3) | $15,500 | $0 | GENERAL OPERATIONS |
| CITY OF LACEY | ||||||||
| 420 COLLEGE ST SE | LACEY | WA | 985031238 | 910819427 | CITY OF LACEY | $15,000 | $0 | 4TH OF JULY CULTURAL/SPONSORSHIP |
| THURSTON COUNTY CHAMBER OF COMMERCE | ||||||||
| 809 LEGION WAY SE | OLYMPIA | WA | 98501 | 910346205 | 501(C)(6) | $15,000 | $0 | GENERAL OPERATIONS |
| FRANKLIN PIERCE HIGH SCHOOL | ||||||||
| 315 129TH ST S | TACOMA | WA | 984455044 | 916014726 | CITY OF TACOMA | $13,500 | $0 | STUDENT EVENTS SPONSORSHIPS |
| UNITED WAY OF LEWIS COUNTY | ||||||||
| 450 NW PACIFIC AVE | CHEHALIS | WA | 985322019 | 910715071 | 501(C)(3) | $12,493 | $0 | DEI DONATION; GOLF FUNDRAISER SPONSORSHIP |
| SEATTLE CHILDREN'S FOUNDATION | ||||||||
| PO BOX 5371 | SEATTLE | WA | 981455005 | 911156519 | 501(C)(3) | $12,125 | $0 | FOUNDATION SUPPORT |
| GOWEST CREDIT UNION ASSOCIATION | ||||||||
| 18000 INTERNATIONAL BLVD STE 1102 | SEATAC | WA | 98188 | 910460483 | 501(C)(6) | $12,000 | $0 | EVENT SPONSORSHIP |
| CITY OF ABERDEEN | ||||||||
| 200 E MARKET ST | ABERDEEN | WA | 98520 | 916001226 | CITY OF ABERDEEN | $10,000 | $0 | EVENT SPONSORSHIP/CULTURAL |
| THE ARC OF SW WASHINGTON | ||||||||
| PO BOX 2608 | VANCOUVER | WA | 98668 | 910759016 | 501(C)(3) | $10,000 | $0 | GENERAL OPERATIONS |
| COMMUNITY FOUNDATION OF SO PUGET SOUND | ||||||||
| 212 UNION AVE SE STE 102 | OLYMPIA | WA | 985011302 | 943121390 | 501(C)(3) | $10,000 | $0 | GIVE LOCAL/SPONSORSHIP |
| UNITED WAY OF THURSTON COUNTY | ||||||||
| 3525 7TH AVE SW STE 201 | OLYMPIA | WA | 98502 | 910713462 | 501(C)(3) | $10,000 | $0 | CORNERSTONE SPONSORSHIP |
| A STEP AHEAD IN PIERCE COUNTY | ||||||||
| 10324 CANYON RD E STE 203 | PUYALLUP | WA | 98373 | 912145470 | 501(C)(3) | $10,000 | $0 | EVENT SPONSORSHIP |
| OFFICE OF THE SECRETARY OF STATE | ||||||||
| PO BOX 40224 | OLYMPIA | WA | 985040224 | 916001106 | CITY OF OLYMPIA | $8,000 | $0 | COMBINED FUND DRIVE |
| SOUTH SOUND YMCA | ||||||||
| 2102 CARRIAGE DRIVE | OLYMPIA | WA | 98502 | 910586473 | 501(C)(3) | $7,500 | $0 | ANNUAL CAMPAIGN DONATION; BREAKFAST SPONSORSHIP |
| EMERGENCY FOOD NETWORK | ||||||||
| 3318 92ND ST S | LAKEWOOD | WA | 98499 | 943131776 | 501(C)(3) | $7,500 | $0 | ABUANDANCE SPONSORSHIP |
| CENTRAL WILLAMETTE CREDIT UNION | ||||||||
| PO BOX D | ALBANY | OR | 973210437 | 930496543 | 501(C)(14) | $7,500 | $0 | CU 4 KIDS DONATION |
| TUMWATER PARKS AND RECREATION | ||||||||
| 555 ISRAEL RD SW | TUMWATER | WA | 98501 | 916001520 | CITY OF TUMWATER | $7,000 | $0 | EVENTS/PROGRAMS SPONSORSHIPS |
| HOPE ALLIANCE | ||||||||
| PO BOX 857 | CENTRALIA | WA | 98531 | 910937147 | 501(C)(3) | $7,000 | $0 | EVENT SPONSORSHIP |
| ONALASKA ALLIANCE | ||||||||
| PO BOX 634 | ONALASKA | WA | 98570 | 264577681 | 501(C)(3) | $6,692 | $0 | BACKPACK PROGRAM/EVENTS/SPONSORSHIPS |
| BIG BROTHERS BIG SISTERS | ||||||||
| 2424 HERITAGE CT SW STE 302 | OLYMPIA | WA | 98502 | 910673185 | 501(C)(3) | $6,500 | $0 | FUNDRAISING/AUCTION SPONSORSHIP |
| FAMILY EDUCATION & SUPPORT SERVICES | ||||||||
| PO BOX 14907 | TUMWATER | WA | 98511 | 912003717 | 501(C)(3) | $6,375 | $0 | PROGRAM SPONSORSHIPS |
| COLUMBIA RIVER MENTAL HEALTH SERVICES | ||||||||
| PO BOX 1337 | VANCOUVER | WA | 98666 | 910609138 | 501(C)(3) | $6,000 | $0 | GALA SPONSORSHIPS/DONATION |
| CITY OF OLYMPIA | ||||||||
| PO BOX 7966 | OLYMPIA | WA | 985077966 | 916001261 | CITY OF OLYMPIA | $6,000 | $0 | OLY ON ICE EVENT SPONSORSHIP |
| NORTH THURSTON EDUCATION FOUNDATION | ||||||||
| PO BOX 3312 | LACEY | WA | 985093312 | 911433235 | 501(C)(3) | $6,000 | $0 | FOUNDATION SUPPORT/FUNDRAISING |
| CIELO | ||||||||
| 1601 NORTH STREET SE | OLYMPIA | WA | 98501 | 911728671 | 501(C)(3) | $5,100 | $0 | LAS POSADAS SPONSORSHIP |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 29 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| VOICE OF CHILDREN CONTEST | 10 | $1,000 |
| SCHOLARSHIP AWARD | 26 | $51,950 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ANNUALLY, TWINSTAR CREDIT UNION THROUGH THE TWINSTAR COMMUNITY FOUNDATION, AWARDS SCHOLARSHIPS TO ELIGIBLE MEMBERS VIA TWO SEPARATE PROGRAMS: INCOMING FRESHMEN PROGRAM AND HIGHER EDUCATION/OR CURRENT COLLEGE ENROLLERS PROGRAM. AWARDEES ARE DETERMINED BY THE SCHOLARSHIP COMMITTEE WHO GRADES EACH APPLICATION. THE FUNDS ARE DIRECTLY MADE PAYABLE TO THE EDUCATIONAL INSTITUTION ON BEHALF OF THE AWARDEE. IF NOT USED, THE FUNDS REVERT BACK TO THE CREDIT UNION. TWINSTAR SPONSORS COMMUNITY EVENTS THAT MEET THREE CATEGORIES (EDUCATION, ECONOMIC DEVELOPMENT AND SPONSORSHIP) IN ALL ITS MARKET AREAS. EMPLOYEES USUALLY ACTIVELY PARTICIPATE IN THESE EVENTS UPON REQUEST OF THE ORGANIZATION OR AS PART OF TWINSTAR'S CONTINUOUS SUPPORT TO THE COMMUNITIES IT SERVES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFF KENNEDY | ||||||||||||||
| CEO/TREASURER | $754,184 | $0 | $336,699 | $0 | $30,993 | $0 | $853,020 | $0 | $16,446 | $0 | $1,991,342 | $0 | $0 | $0 |
| JOHN IGLESIAS | ||||||||||||||
| PRESIDENT | $346,726 | $0 | $1,368 | $0 | $198,326 | $0 | $174,622 | $0 | $18,873 | $0 | $739,915 | $0 | $0 | $0 |
| AARON PALMER | ||||||||||||||
| CHIEF REVENUE OFFICER | $264,771 | $0 | $66,877 | $0 | $5,805 | $0 | $107,170 | $0 | $28,594 | $0 | $473,217 | $0 | $0 | $0 |
| KIMBERLY STEEPY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $285,634 | $0 | $59,030 | $0 | $6,079 | $0 | $33,128 | $0 | $11,349 | $0 | $395,220 | $0 | $0 | $0 |
| TAMMY TEETER | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $235,279 | $0 | $56,359 | $0 | $7,691 | $0 | $25,204 | $0 | $20,632 | $0 | $345,165 | $0 | $0 | $0 |
| JERROD KELLER | ||||||||||||||
| CHIEF OPERATIONS OFFICER (THRU 7/23) | $143,558 | $0 | $60,933 | $0 | $25,839 | $0 | $23,248 | $0 | $6,406 | $0 | $259,984 | $0 | $0 | $0 |
| PATRICE KRUGER | ||||||||||||||
| VP CHANNEL SERVICES | $186,639 | $0 | $30,223 | $0 | $1,549 | $0 | $22,001 | $0 | $12,978 | $0 | $253,390 | $0 | $0 | $0 |
| DIANE SOKOLIK | ||||||||||||||
| VP CONSUMER LENDING | $178,129 | $0 | $29,098 | $0 | $1,549 | $0 | $22,070 | $0 | $20,948 | $0 | $251,794 | $0 | $0 | $0 |
| DEBRA GILDNER | ||||||||||||||
| VP ACCOUNTING & FINANCE | $185,060 | $0 | $27,237 | $0 | $1,549 | $0 | $21,374 | $0 | $10,810 | $0 | $246,030 | $0 | $0 | $0 |
| RACARDO MCLAUGHLIN | ||||||||||||||
| VP MORTGAGE LENDING | $183,079 | $0 | $28,220 | $0 | $2,647 | $0 | $21,605 | $0 | $9,550 | $0 | $245,101 | $0 | $0 | $0 |
| LAURIE KRESL | ||||||||||||||
| VP MARKETING | $158,656 | $0 | $27,181 | $0 | $22,088 | $0 | $18,410 | $0 | $9,550 | $0 | $235,885 | $0 | $0 | $0 |
| ALAN PITCHER | ||||||||||||||
| CHIEF INFORMATION OFFICER | $170,512 | $0 | $1,397 | $0 | $694 | $0 | $4,264 | $0 | $24,562 | $0 | $201,429 | $0 | $0 | $0 |
| CHERYL CROW | ||||||||||||||
| CHIEF CREDIT OFFICER | $165,285 | $0 | $1,484 | $0 | $495 | $0 | $12,594 | $0 | $18,555 | $0 | $198,413 | $0 | $0 | $0 |
| KENNETH MYHRA | ||||||||||||||
| CHIEF PAYMENTS OFFICER | $163,808 | $0 | $1,326 | $0 | $372 | $0 | $4,999 | $0 | $19,401 | $0 | $189,906 | $0 | $0 | $0 |
| JEFFREY YODER | ||||||||||||||
| CHIEF ACCOUNTING OFFICER | $148,518 | $0 | $1,484 | $0 | $522 | $0 | $12,081 | $0 | $13,223 | $0 | $175,828 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL EXPENSES FOR GUESTS OF OFFICERS, DIRECTORS AND KEY EMPLOYEES WILL BE PAID BY THE CREDIT UNION AND ARE INCLUDED IN THE BUDGET. A 1099-MISC FORM IS ISSUED TO ELECTED OFFICIALS (BOARD MEMBERS AND SUPERVISORY COMMITTEE MEMBERS) PROVIDED THE REPORTING THRESHOLD IS MET. |
| PART I, LINE 4B | DEFERRED COMPENSATION PLAN [SECTION 457(F)] - THE CREDIT UNION HAS ENTERED INTO 457(F) DEFERRED COMPENSATION AGREEMENTS WITH CERTAIN SENIOR EXECUTIVES. THE FOLLOWING WERE THE CONTRIBUTIONS TO THE PLAN DURING 2023. THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING 2023. JEFF KENNEDY - $816,070 AARON PALMER - $81,117 JOHN IGLESIAS - $83,333 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | UNLESS OTHERWISE CHANGED BY THE BOARD BY RESOLUTION, THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR, VICE CHAIR, SECRETARY, TWO (2) AT-LARGE OFFICERS AND THE CHIEF EXECUTIVE OFFICER (CEO). THE CEO SHALL SERVE AS THE TREASURER, A NON-VOTING MEMBER. THE PRESIDENT SHALL ATTEND EXECUTIVE COMMITTEE MEETINGS. A BOARD MEMBER HAVING SERVED AS A PAST BOARD CHAIR MAY BE APPOINTED AS AN EX OFFICIO, NON-VOTING MEMBER. THE EXECUTIVE COMMITTEE SHALL MEET AS OFTEN AS NECESSARY AS CALLED BY THE CHAIR. AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE, EACH DIRECTOR PRESENT SHALL HAVE ONE VOTE ON ANY MATTER AND EXCEPT AS OTHERWISE PROVIDED BY THE ACT OR THESE BYLAWS, THE ACTION OF A MAJORITY OF EXECUTIVE COMMITTEE MEMBERS AT A MEETING SHALL BE THE ACT OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE WILL HAVE THE AUTHORITY TO EXERCISE ALL OF THE POWERS OF THE BOARD, EXCEPT THE EXECUTIVE COMMITTEE WILL NOT HAVE THE AUTHORITY OF THE BOARD IN REFERENCE TO: A. AMENDING THE BYLAWS OR THE CREDIT UNION'S ARTICLES OF INCORPORATION; B. EXERCISING THE NON-DELEGABLE POWERS UNDER THE ACT; C. REMOVING OR SUSPENDING OFFICERS FROM THEIR OFFICE OR COMMITTEE MEMBERS FROM THEIR COMMITTEES; D. APPOINTING INTERIM DIRECTORS; E. SUSPENDING BOARD OR SUPERVISORY COMMITTEE MEMBERS; OR F. ADOPTING A PLAN OF MERGER OR LIQUIDATION, OR CHANGING THE CHARTER OF THE CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 4 | SUBJECT TO THE CONSUMMATION OF THE MERGER BY AND BETWEEN TWINSTAR CREDIT UNION AND NORTHWEST COMMUNITY CREDIT UNION, EFFECTIVE JUNE 12, 2023, THE BOARD OF DIRECTORS APPROVE THE FOLLOWING AMENDMENTS TO THE BYLAWS OF TWINSTAR CREDIT UNION. ARTICLE XIII MERGER TRANSITION GOVERNANCE - SECTION 1 - BOARD & SUPERVISORY COMMITTEE TRANSITION. SUBJECT TO THE CONSUMMATION OF THE MERGER BY AND BETWEEN TWINSTAR CREDIT UNION AND NORTHWEST COMMUNITY CREDIT UNION, EFFECTIVE JUNE 12, 2023 THROUGH THE 2024 ANNUAL MEETING OF THE CREDIT UNION (THE "TRANSITION PERIOD"), THE FOLLOWING PROVISIONS (SECTIONS 2-7) FOR THE COMPOSITION OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WILL APPLY. SECTION 2 - BOARD TERMS OF OFFICE DURING THE TRANSITION PERIOD. ARTICLE VI, SECTION 3 TERM. ON JUNE 12, 2023, THE FOLLOWING PROVISION IS ADDED: DIRECTORS SHALL SERVE A ONE (1), TWO (2) OR THREE (3) YEAR TERM AS DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN BEGINNING JUNE 30, 2022 AND ENDING ON THE FIRST, SECOND, OR THIRD ANNUAL MEETING CONDUCTED BY THE CREDIT UNION AFTER JUNE 12, 2023. SECTION 3 - ELIGIBILITY OF DIRECTORS DURING THE TRANSITION PERIOD. ARTICLE VI, SECTION 2 ELIGIBILITY OF DIRECTORS, ON JUNE 12, 2023, THE FOLLOWING PROVISION IS ADDED: FOR THE DIRECTORS DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN AND APPOINTED TO FILL BOARD OF DIRECTOR POSITIONS BEGINNING WITH THE TRANSITION PERIOD SHALL BE DEEMED TO BE ELIGIBLE TO SERVE AS DIRECTORS AND BULLET ITEMS A.1, B.4, AND B.7 WILL NOT APPLY. SECTION 4 - NOMINATING COMMITTEE. DURING 2023 THROUGH THE CONSUMMATION OF THE MERGER, ARTICLE V, SECTION 1 NOMINATIONS SHALL NOT BE APPLICABLE. SECTION 5 - ELECTIONS DURING THE TRANSITION PERIOD. ARTICLE V, SECTION 3 ELECTIONS SHALL BE SUPERSEDED DURING THE TRANSITION PERIOD BY THE FOLLOWING PROVISIONS: (I) THE BOARD OF DIRECTORS OF THE CREDIT UNION, DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN, SHALL BE DEEMED ELECTED TO THE BOARD AND SHALL SERVE A ONE (1), TWO (2), OR THREE (3) YEAR TERM, AS DESIGNATED, BEGINNING JUNE 12, 2023. (II) THE SUPERVISORY COMMITTEE MEMBERS OF THE CREDIT UNION, DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN, SHALL BE DEEMED ELECTED TO THE SUPERVISORY COMMITTEE AND SHALL SERVE A ONE (1), TWO (2), OR THREE (3) YEAR TERM, AS DESIGNATED, BEGINNING JUNE 12, 2023. SECTION 6 - SUPERVISORY COMMITTEE TERMS OF OFFICE DURING THE TRANSITION PERIOD. ARTICLE VIII, SECTION 1 COMPOSITION & TERM. ON JUNE 12, 2023 THE FOLLOWING PROVISION: SUPERVISORY COMMITTEE MEMBERS SHALL SERVE A ONE (1), TWO (2) OR THREE (3) YEAR TERM AS DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN BEGINNING JUNE 12, 2023 AND ENDING ON THE FIRST, SECOND, OR THIRD ANNUAL MEETING CONDUCTED BY THE CREDIT UNION AFTER JUNE 12, 2023. SECTION 7 - QUALIFICATION TO SERVE DURING THE TRANSITION PERIOD. ARTICLE VIII, SECTION 3 QUALIFICATIONS TO SERVE, ON JUNE 12, 2023, THE FOLLOWING PROVISION IS ADDED: FOR THE SUPERVISORY COMMITTEE MEMBERS DESIGNATED IN THE BOARD & SUPERVISORY COMMITTEE TRANSITION PLAN AND APPOINTED TO FILL SUPERVISORY COMMITTEE MEMBER POSITIONS BEGINNING WITH THE TRANSITION PERIOD SHALL BE DEEMED TO BE ELIGIBLE TO SERVE AS DIRECTORS AND BULLET ITEMS A.1 AND B.4 WILL NOT APPLY. |
| FORM 990, PART VI, SECTION A, LINE 6 | PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF INDIVIDUALS WHO RESIDE IN OR ARE EMPLOYED IN THE STATE OF WASHINGTON AND IN BENTON, CLACKAMAS, COOS, CROOK, DESCHUTES, DOUGLAS, JACKSON, JEFFERSON, JOSEPHINE, KLAMATH, LANE, LINN, MARION, MULTNOMAH, OR WASHINGTON COUNTIES IN OREGON, AND SELECT EMPLOYEE GROUPS WITHIN THE REGION. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM, AND THEIR SPOUSES MAY BE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. A COPY WILL BE PRESENTED TO THE BOARD OF DIRECTORS AFTER FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ELECTED OFFICIALS, VOLUNTEERS AND ALL CREDIT UNION EMPLOYEES ARE BOUND BY THE CREDIT UNION'S POLICIES/PROCEDURES ON CODE OF ETHICS AND STANDARDS OF BUSINESS CONDUCT. ALL REASONABLE STEPS MUST BE TAKEN TO AVOID CONFLICTS OF INTERESTS OR THE APPEARANCE OF IMPROPRIETY OR A CONFLICT BY CEASING THE ACTIVITY OR TERMINATING THE RELATIONSHIP CREATING THE CONFLICT. CONDUCT NOT IN ACCORDANCE WITH THESE POLICIES CONSTITUTES GROUNDS FOR DISQUALIFICATION TO SERVE, DISCIPLINARY ACTION, SUSPENSIONS OR REMOVAL AS PERMITTED BY LAW FOR ELECTED OFFICIALS/VOLUNTEERS. DISCIPLINARY MEASURES FOR EMPLOYEES MAY BE INVOKED BY THE CEO THAT INCLUDE BUT NOT LIMITED TO, COUNSELLING, WARNINGS, ORAL OR WRITTEN REPRIMANDS, SUSPENSION OR TERMINATION CONSISTENT WITH THE CREDIT UNION'S "EMPLOYMENT AT WILL" POLICY. DISCLOSURE RESPONSIBILITY RESTS ON EACH ELECTED OFFICIAL, VOLUNTEER AND EMPLOYEE. AN ACKNOWLEDGEMENT AND AGREEMENT IS SIGNED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD MEETS IN EXECUTIVE SESSION AND DETERMINES COMPENSATION FOR THE CEO BY REVIEWING 1) COMPARABILITY DATA 2) THE RESULTS OF MANAGEMENT'S GOALS FOR THE YEAR, AND 3) THE RESULTS OF THE CEO EVALUATION AND SCORING SHEET COMPLETED BY EACH BOARD DIRECTOR. THE COMPENSATION IS THEN DOCUMENTED IN THE PERSONNEL FILE. COMPENSATION FOR THE VICE PRESIDENTS/OFFICERS IS DETERMINED BY THE CEO AFTER REVIEWING COMPARABILITY DATA PROVIDED BY HUMAN RESOURCES VENDOR AND REVIEW OF THE PROGRESS AND RESULTS OF MANAGEMENT'S GOALS. THE COMPENSATION IS THEN DOCUMENTED IN THE PERSONNEL FILE. THESE PROCESSES NOTED ABOVE WERE PERFORMED IN CALENDAR 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | EQUITY ACQUIRED THROUGH MERGER OF NORTHWEST CREDIT UNION 194,369,037. ADOPTION OF CECL -6,943,739. |
| PART XII, LINE 2C | THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PARAGON CONSULTING GROUP FKA FULCRUM CONSULTING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7518 | AddressLine1Txt |
| City | OLYMPIA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 985077518 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260473592 | EIN |
| Primary Activities | CONSULTING | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Total Income | $162,391 | TotalIncomeAmt |
| End Of Year Assets | $1,960,116 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR CREDIT UNION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR COMMUNITY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4501 INTELCO LOOP SE | AddressLine1Txt |
| City | LACEY | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371768613 | EIN |
| Primary Activities | FOUNDATION | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR COMMUNITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $338,113 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |