STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0440744)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202333199349325083
Schema version
2022v5.0
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)
Return2023-11-15T18:03:23-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120 EAST THOMAS ROAD SUITE 2300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85012ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN910440744EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CREDIT UNIONS IN THE STATE OF WASHINGTONBusinessNameLine1Txt
Business Name Line2TWINSTAR CREDIT UNIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCREDBusinessNameControlTxt
Phone8002583115PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98507ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIMBERLY STEEPYPersonNm
Person TitleCFOPersonTitleTxt
Phone8002583115PhoneNum
Signature2023-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKIMBERLYPersonFirstNm
Person LastSTEEPYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA HANGSLEBENPreparerPersonNm
PTINP02087031PTIN
Phone6022662248PhoneNum
Preparation2023-11-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJEFF KENNEDYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98507ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$119,639,940GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TWINSTARCU.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1937FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionTO INVEST IN PEOPLE AND EMPOWER SUCCESS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee553TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$167,852TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$96,805,218PYProgramServiceRevenueAmt
CY Program Service Revenue$111,119,422CYProgramServiceRevenueAmt
PY Investment Income$3,659,546PYInvestmentIncomeAmt
CY Investment Income$8,396,035CYInvestmentIncomeAmt
PY Other Revenue$1,776,665PYOtherRevenueAmt
CY Other Revenue-$3,464CYOtherRevenueAmt
PY Total Revenue$102,241,429PYTotalRevenueAmt
CY Total Revenue$119,511,993CYTotalRevenueAmt
PY Grants And Similar Paid$357,608PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$839,085CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$4,473,327PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$5,210,449CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$43,547,487PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$44,833,120CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$35,057,383PYOtherExpensesAmt
CY Other Expenses$42,882,782CYOtherExpensesAmt
PY Total Expenses$83,435,805PYTotalExpensesAmt
CY Total Expenses$93,765,436CYTotalExpensesAmt
PY Revenues Less Expenses$18,805,624PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$25,746,557CYRevenuesLessExpensesAmt
Total Assets BOY$2,172,440,238TotalAssetsBOYAmt
Total Assets EOY$2,252,123,510TotalAssetsEOYAmt
Total Liabilities BOY$1,985,850,287TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,091,928,078TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$186,589,951NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$160,195,432NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionIN 2014, WE ADOPTED OUR BRAND PROMISE: REALIZING FINANCIAL DREAMS TOGETHER. THE SHORT, SIMPLE PHRASE CAPTURES ALL OF OUR STRATEGIC INTENT IN JUST A FEW WORDS. WE HAVE THE PEOPLE, TOOLS AND VALUE SYSTEMS IN PLACE TO HELP OUR MEMBERS NOT ONLY HAVE A GREAT PLACE TO BANK BUT ALSO HAVE A PROSPEROUS FUTURE. THE PROMISE PROVIDES VALUABLE DIFFERENTIATION FOR TWINSTAR AS MANY OTHER BANKING INSTITUTIONS CANNOT PROVIDE THE SAME EXPERIENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescSHARE ACCOUNTS: TWINSTAR SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. TWINSTAR HAD 144,254 MEMBERS ON DECEMBER 31, 2022. 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

FieldValueIRS element (for citing)
DescCHECKING 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

FieldValueIRS element (for citing)
DescCONSUMER 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 MOTORCYLCES. 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

FieldValueIRS element (for citing)
DescTHE CREDIT UNION OFFERS AND ACTIVELY SELLS 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, AND COMMERCIAL AUTO.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document35201IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee553EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIMBERLY STEEPYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8002583115PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98507ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
GAYLA GJERTSEN
DIRECTOR1.000.00Yes (X)$5,000$0$0
BRIAN HURLEY
DIRECTOR1.000.00Yes (X)$7,930$0$0
DONNA FELICIANO
SECRETARY1.000.00Yes (X)$8,447$0$0Yes (X)
DALE TOSLAND
DIRECTOR1.000.00Yes (X)$2,500$0$0
KIMBERLY MARTIN
VICE CHAIR1.000.00Yes (X)$10,053$0$0Yes (X)
RHODETTA SEWARD
DIRECTOR (THRU 08/22)1.000.00Yes (X)$2,441$0$0
RONALD HASTIE
CHAIR1.000.00Yes (X)$10,932$0$0Yes (X)
JENA MILLER
DIRECTOR1.000.00Yes (X)$7,579$0$0
MARK NEARY
DIRECTOR1.000.00Yes (X)$6,167$0$0
JEFF KENNEDY
CEO/PRESIDENT/TREASURER40.000.30$1,086,917$0$844,540Yes (X)
KIMBERLY STEEPY
CHIEF FINANCIAL OFFICER40.000.30$251,409$0$25,530Yes (X)
REBECCA BREEN
CHIEF OPERATIONS OFFICER (THRU 12/22)40.000.00$316,416$0$30,361Yes (X)
SCOTT DAUKAS
CHIEF STRATEGY OFFICER (THRU 08/22)40.000.00$469,140$0$25,681Yes (X)
JERROD KELLER
CHIEF OPERATIONS OFFICER40.000.00$265,817$0$26,298Yes (X)
AARON PALMER
CHIEF REVENUE OFFICER40.000.00$272,476$0$119,730Yes (X)
TAMMY TEETER
CHIEF ADMINISTRATIVE OFFICER40.000.00$232,471$0$28,978Yes (X)
PATRICE KRUGER
VP CHANNEL SERVICES40.000.00$198,800$0$22,586Yes (X)
RACARDO MCLAUGHLIN
VP MORTGAGE LENDING40.000.00$188,818$0$20,044Yes (X)
DIANE SOKOLIK
VP CONSUMER LENDING40.000.00$184,419$0$29,748Yes (X)
LAURIE KRESL
VP MARKETING40.001.00$180,450$0$18,408Yes (X)
DEBRA GILDNER
VP ACCOUNTING & FINANCE40.000.00$177,251$0$19,738Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,885,433TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,211,642TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K76IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NARMI INC
PO BOX 231517NEW YORKNY10023ONLINE BANKING SERVICES$2,865,647
CU DEALER DIRECT
2703 CAPITAL MALL DR SW STE 203OLYMPIAWA98502INDIRECT LENDING SERVICES$668,105
JACK HENRY & ASSOCIATES INC
PO BOX 609MONETTMO65708SOFTWARE MAINTENANCE/CONSULTING$635,532
DIEBOLD
PO BOX 643543PITTSBURGHPA152643543EQUIPMENT REPAIRS/MAINTENANCE$479,134
LENDING SOLUTIONS INCORPORATED
2200 POINT BLVD STE 110ELGINIL60123LENDING/UNDERWRITING SERVICES$440,769
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K47CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$72,473,717$72,473,717
SERVICE CHARGES AND FEES522100$18,017,195$18,007,164$10,031
VISA/INTERCHANGE INCOME522100$15,936,336$15,805,177$131,159
LOAN SALES AND SERVICING INCOME522100$2,347,003$2,347,003
OTHER NONINTEREST INCOME522100$2,345,171$2,318,509$26,662
FieldValueIRS element (for citing)
Total Program Service Revenue$111,119,422TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,407,781TotalRevenueColumnAmt
Exclusion$8,407,781ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$69,080RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$72,544RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$3,464RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,464TotalRevenueColumnAmt
Exclusion-$3,464ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$43,657OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$55,403OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$11,746OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,746TotalRevenueColumnAmt
Exclusion-$11,746ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$119,511,993TotalRevenueColumnAmt
Related Or Exempt Func Income$110,951,570RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$167,852UnrelatedBusinessRevenueAmt
Exclusion$8,392,571ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$818,035TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$21,050TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$5,210,449TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,172,802TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$31,479,783TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,041,950TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,319,707TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,818,878TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$144,415TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$151,863TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$32,152TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,777,866TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$654,594TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,471,071TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,260,442TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,834,020TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$246,934TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$569,925TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,154,985TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$507,655TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,020,789TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$377,034TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
MEMBER SERVICES$10,699,183
PROVISION FOR LOAN LOSS$6,684,500
LOAN SERVICING EXPENSES$4,795,947
OTHER EXPENSES$456,253

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$43,154TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$93,765,436TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,408,793BOYAmt
EOY$13,531,081EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$347,613,901BOYAmt
EOY$57,376,098EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,538,966BOYAmt
EOY$3,575,919EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,319,985,722BOYAmt
EOY$1,644,894,203EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,521,992BOYAmt
EOY$6,122,855EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$72,983,594LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$32,703,307LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$42,444,712BOYAmt
EOY$40,280,287EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$366,191,720BOYAmt
EOY$398,585,319EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$15,947,058BOYAmt
EOY$19,989,412EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$12,129BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$59,775,245BOYAmt
EOY$67,768,336EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,172,440,238BOYAmt
EOY$2,252,123,510EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,165,929BOYAmt
EOY$21,147,170EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$3,166,693BOYAmt
EOY$4,176,679EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$86,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,969,517,665BOYAmt
EOY$1,980,604,229EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,985,850,287BOYAmt
EOY$2,091,928,078EOYAmt
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$186,589,951BOYAmt
EOY$160,195,432EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$186,589,951BOYAmt
EOY$160,195,432EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,172,440,238BOYAmt
EOY$2,252,123,510EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$25,746,557ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$52,141,076NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$32,152PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Expended527 Activities$0Expended527ActivitiesAmt
Internal Funds Contributed$32,152InternalFundsContributedAmt
Total Exempt Function Expend$32,152TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1GOWEST CREDIT UNION ASSOCIATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line118000 INTERNATIONAL BLVD STE 350AddressLine1Txt
CitySEATACCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98188ZIPCd
FieldValueIRS element (for citing)
EIN910460483EIN
Paid Internal Funds$32,152PaidInternalFundsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationCONTRIBUTION TO POLITICAL ORGANIZATION.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,912,981OtherCostOrOtherBasisAmt
Book Value$8,912,981BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$43,585,195OtherCostOrOtherBasisAmt
Depreciation$17,704,629DepreciationAmt
Book Value$25,880,566BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,282,919OtherCostOrOtherBasisAmt
Depreciation$1,746,026DepreciationAmt
Book Value$1,536,893BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,769,832OtherCostOrOtherBasisAmt
Depreciation$12,882,937DepreciationAmt
Book Value$3,886,895BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$432,667OtherCostOrOtherBasisAmt
Depreciation$369,715DepreciationAmt
Book Value$62,952BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,280,287TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
MEMBERS' SHARE AND SAVINGS ACCOUNTS$1,971,765,519
DEFERRED COMPENSATION LIABILITIES$4,641,412
LEASE LIABILITY$4,197,298
FieldValueIRS element (for citing)
Total Liability$1,980,604,229TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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, 2022. THE CREDIT UNION RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A NONINTEREST EXPENSE. DURING THE YEAR ENDED DECEMBER 31, 2022, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (21 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
TWINSTAR COMMUNITY FOUNDATION
4501 INTELCO LP SELACEYWA98503371768613501(C)(3)$302,249$0COLLEGE/HIGHER ED SCHOLARSHIPS/CLASSROOM ASSISTANCE
SPSCC FOUNDATION
2011 MOTTMAN RD SWOLYMPIAWA98512911174940501(C)(3)$38,500$0EVENT SPONSORSHIP; SCHOLARS FUND
NORTH THURSTON PUBLIC SCHOOLS
305 COLLEGE ST NELACEYWA985165390916017626501(C)(3)$30,500$0ONE SCHOOL/ONE BOOK SPONSORSHIP
GRAYS HARBOR COLLEGE FOUNDATION
1620 EDWARD P SMITH DRABERDEENWA98520916052939501(C)(3)$25,000$0FOUNDATION SUPPORT
SECRETARY OF STATE
PO BOX 40224OLYMPIAWA985040224916001106501(C)(4)$20,000$0COMBINED FUND DRIVE
GOWEST CREDIT UNION FOUNDATION
18000 INTERNATIONAL BLVD STE 1102SEATACWA98188911649328501(C)(3)$16,125$0CASH FOR KIDS DONATION
SAINT MARTIN'S UNIVERSITY
5300 PACIFIC AVE SELACEYWA98503910564993501(C)(6)$15,300$0DEI SPONSORSHIP
CITY OF LACEY PARK & REC
420 COLLEGE ST SELACEYWA985034123910819427CITY OF LACEY$15,000$0CULTURAL CELEBRATION; 3RD OF JULY SPONSORSHIPS
THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL
4220 6TH AVE SELACEYWA98503911183169501(C)(3)$11,000$0GALA SPONSORSHIP
UNITED WAY OF THURSTON COUNTY
3525 7TH AVE SWOLYMPIAWA98502910713462501(C)(3)$10,000$0CORNERSTONE SPONSORSHIP
MULTICARE FOUNDATIONS
MS 1313-3-FND PO BOX 5296TACOMAWA98415911514257501(C)(3)$10,000$0HELPING HANDS SPONSORSHIP
SEATTLE CHILDREN'S FOUNDATION
MS818-F PO BOX 5371SEATTLEWA981455005911156519501(C)(3)$10,000$0FOUNDATION SUPPORT
THE ARC OF SW WASHINGTON
PO BOX 2608VANCOUVERWA98668910759016501(C)(3)$10,000$0SPONSORSHIP/DONATION
PIZZA KLATCH
PO BOX 7384OLYMPIAWA98507455534793501(C)(3)$9,000$0SPONSORSHIP/DONATION
FRANKLIN PIERCE SCHOOL DISTRICT
315 129TH ST STACOMAWA994455044916014726CITY OF TACOMA$8,792$0STUDENT EVENTS SPONSORSHIPS
UNITED WAY OF LEWIS COUNTY
450 NW PACIFIC AVECHEHALISWA985322019910715071501(C)(3)$6,500$0FLOOD RELIEF FUND DONATION; GOLF FUNDRAISER SPONSORSHIP
CITY OF LAKEWOOD
6000 MAIN ST SWLAKEWOODWA984995027911698185CITY OF LAKEWOOD$6,000$0EVENT SPONSORSHIP;
SOUTH SOUND YMCA
2102 CARRIAGE DROLYMPIAWA98502910586473501(C)(3)$6,000$0ANNUAL CAMPAIGN DONATION; BREAKFAST SPONSORSHIP
NORTHWEST CREDIT UNION ASSOCIATION
18000 INTERNATIONAL BLVD STE 350SEATACWA98188910460483501(C)(6)$6,000$0CONVENTION/SPONSORSHIP/DONATION
CASCADIA TECH ACADEMY FOUNDATION
12200 NE 28TH STVANCOUVERWA98682911530644501(C)(3)$6,000$0SPONSORSHIP/DONATION
SOUTH SOUND PARENT TO PARENT
2108 CATON WAY SWOLYMPIAWA98502911496512501(C)(3)$5,301$0SPONSORSHIP/DONATION
FieldValueIRS element (for citing)
Total501c3 Org18Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
VOICE OF CHILDREN CONTEST8$800
SCHOLARSHIP AWARD12$20,250

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationANNUALLY, 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

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
JEFF KENNEDY
CEO/PRESIDENT/TREASURER$717,119$0$321,000$0$48,798$0$825,861$0$18,679$0$1,931,457$0$0$0
SCOTT DAUKAS
CHIEF STRATEGY OFFICER (THRU 08/22)$152,736$0$35,431$0$280,973$0$17,850$0$7,831$0$494,821$0$0$0
AARON PALMER
CHIEF REVENUE OFFICER$218,315$0$32,046$0$22,115$0$92,216$0$27,514$0$392,206$0$0$0
REBECCA BREEN
CHIEF OPERATIONS OFFICER (THRU 12/22$0$0$35,930$0$280,486$0$17,850$0$12,511$0$346,777$0$0$0
JERROD KELLER
CHIEF OPERATIONS OFFICER$232,784$0$32,739$0$294$0$15,768$0$10,530$0$292,115$0$0$0
KIMBERLY STEEPY
CHIEF FINANCIAL OFFICER$219,380$0$31,591$0$438$0$12,951$0$12,579$0$276,939$0$0$0
TAMMY TEETER
CHIEF ADMINISTRATIVE OFFICER$199,118$0$24,737$0$8,616$0$12,809$0$16,169$0$261,449$0$0$0
PATRICE KRUGER
VP CHANNEL SERVICES$174,706$0$15,920$0$8,174$0$11,599$0$10,987$0$221,386$0$0$0
DIANE SOKOLIK
VP CONSUMER LENDING$168,528$0$14,688$0$1,203$0$10,926$0$18,822$0$214,167$0$0$0
RACARDO MCLAUGHLIN
VP MORTGAGE LENDING$171,480$0$15,037$0$2,301$0$10,934$0$9,110$0$208,862$0$0$0
LAURIE KRESL
VP MARKETING$150,301$0$14,528$0$15,621$0$9,298$0$9,110$0$198,858$0$0$0
DEBRA GILDNER
VP ACCOUNTING & FINANCE$158,947$0$12,197$0$6,107$0$9,383$0$10,355$0$196,989$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATRAVEL 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, LINES 4A-BDEFERRED COMPENSATION PLAN [SECTION 457(F)] - THE CREDIT UNION HAS A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR MEMBERS OF MANAGEMENT. THE CREDIT UNION CONTRIBUTES 100% OF THE FUNDS TO THIS PLAN INTO VARIOUS LIFE INSURANCE POLICIES WHICH ARE REPORTED AT THEIR CASH SURRENDER VALUES. UNDER THE TERMS OF THIS PLAN, THE PARTICIPANTS ARE ENTITLED TO A SPECIFIED AMOUNT IF THEY REMAIN EMPLOYED BY THE CREDIT UNION UNTIL A PREDETERMINED TIME. IF THESE EMPLOYEES BECOME FULLY DISABLED OR UPON DEATH, AS DEFINED IN THE AGREEMENT, ACCRUED BENEFITS ARE IMMEDIATELY PAYABLE. THE BENEFITS ARE SUBJECT TO FORFEITURE IF EMPLOYMENT IS TERMINATED FOR CAUSE AS DEFINED IN THE AGREEMENTS. THE DEFERRED COMPENSATION ACCOUNTS ARE SHOWN AS BOTH ASSETS AND LIABILITIES ON THE CREDIT UNION'S CONSOLIDATED FINANCIAL STATEMENTS AND ARE AVAILABLE TO CREDITORS IN THE EVENT OF THE CREDIT UNION'S LIQUIDATION. THE FOLLOWING WERE THE CONTRIBUTIONS TO THE PLAN DURING 2022. THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING 2022. JEFF KENNEDY - $808,011 AARON PALMER - $76,000 THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT DURING 2022: REBECCA BREEN - $259,491 SCOTT DAUKAS - $280,793

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1AAT THE ORGANIZATIONAL MEETING, THE BOARD MAY ELECT AN EXECUTIVE COMMITTEE OF NOT FEWER THAN THREE (3) DIRECTORS TO SERVE AT ITS PLEASURE. UNLESS OTHERWISE CHANGED BY THE BOARD BY RESOLUTION, THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD OFFICERS. 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 THESE 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 6PARTICIPATION 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, OR IN MULTNOMAH, CLACKAMAS, MARION, 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 7AMEMBERS 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 7BMEMBERS 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 11BTHE 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 12CELECTED 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 15THE 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.
FORM 990, PART VI, SECTION C, LINE 19THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
PART XII, LINE 2CTHE 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

FieldValueIRS element (for citing)
Business Name Line1THE PARAGON CONSULTING GROUP FKA FULCRUM CONSULTING LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP985077518ZIPCd
FieldValueIRS element (for citing)
EIN260473592EIN
Primary ActivitiesCONSULTINGPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd
Total Income$144,874TotalIncomeAmt
End Of Year Assets$2,089,089EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR CREDIT UNIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR COMMUNITY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98507ZIPCd
FieldValueIRS element (for citing)
EIN371768613EIN
Primary ActivitiesFOUNDATIONPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CREDIT UNION SERVICES THROUGH OPERATIONS MANAGEMENT INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityOLYMPIACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98507ZIPCd
FieldValueIRS element (for citing)
EIN911283584EIN
Primary ActivitiesCOURIER SERVICESPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of EOY Assets$6,123ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TWINSTAR COMMUNITY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$302,249InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt