Credit Unions In The State Of Washington Tapco Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 910176216 ✦ Tacoma, WA ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions In The State Of Washington Tapco Credit Union?

Tapco Credit Union, a nonprofit financial cooperative based in Tacoma, Washington, serves over 32,593 members, including consumers, real estate, and businesses. With 141 employees, they provide various financial products and services, such as loans and deposit accounts, totaling over 53,720 and 17,104 respectively. Tapco Credit Union's offerings include online and mobile banking, branches, ATMs, safe deposit boxes, shared branching, ACH, and wires. Their mission is to improve lives and partner with families to help them reach their goals, underpinned by values of trust, understanding, and respect for all.


Official website here: www.tapcocu.org

Is Credit Unions In The State Of Washington Tapco Credit Union legitimate?

Credit Unions In The State Of Washington Tapco Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Washington Tapco Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,095,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,490,626

For more financial information, click here


Official website here: www.tapcocu.org

What is the mission statement of Credit Unions In The State Of Washington Tapco Credit Union?

Tapco Credit Union is a financial cooperative dedicated to improving lives by partnering with families in achieving their goals. Through their commitment, they aim to help individuals realize their full potential and make a positive impact on their community. Trust, understanding, and respect are the core values that guide their interactions with members. With over 32,593 members and various financial products and services including loans and deposit accounts, Tapco Credit Union offers convenient banking solutions such as online and mobile banking, branches, ATMs, and shared branching, among others.


Official website here: www.tapcocu.org

Who is the CEO of Credit Unions In The State Of Washington Tapco Credit Union?

Justin Martin is the Ceo of Credit Unions In The State Of Washington Tapco Credit Union. The CEO's salary of Credit Unions In The State Of Washington Tapco Credit Union is $365,615 and their total compensation is $392,047.


Official website here: www.tapcocu.org

What is the revenue of Credit Unions In The State Of Washington Tapco Credit Union?

Credit Unions In The State Of Washington Tapco Credit Union's revenue in 2022 was $26,389,919.


Official website here: www.tapcocu.org

Who are the executives of Credit Unions In The State Of Washington Tapco Credit Union and what are their salaries?

The average compensation at Credit Unions In The State Of Washington Tapco Credit Union during 2022 was $53,802. There are 141 employees and 13 volunteers at Credit Unions In The State Of Washington Tapco Credit Union.

Here are 19 key members and their salaries (Credit Unions In The State Of Washington Tapco Credit Union's CEO's salary is $365,615 and their total compensation is $392,047):

    Justin Martin (Ceo)
  • Compensation: $365,615
  • Related: $0
  • Other: $26,432

    • William Peters (Coo)
  • Compensation: $301,507
  • Related: $0
  • Other: $27,755

    • Kathleen Scholes (Cfo)
  • Compensation: $219,077
  • Related: $0
  • Other: $15,245

    • Kerry Keely (Vp Commercial Lending)
  • Compensation: $154,957
  • Related: $0
  • Other: $10,786

    • Lori Stanaway (Vp Operations)
  • Compensation: $151,995
  • Related: $0
  • Other: $12,273

    • Heather Fate (Vp Member Experience)
  • Compensation: $147,123
  • Related: $0
  • Other: $11,427

    • Jason Allen (Cio)
  • Compensation: $115,161
  • Related: $0
  • Other: $2,750

    • Sarah Gray (Cpio)
  • Compensation: $91,309
  • Related: $0
  • Other: $1,172

    • Lindsey Wade (Board Member) [Trustee/Director]
  • Compensation: $1,160
  • Related: $0
  • Other: $0

    • Brent Bomkamp (Supervisory Committee) [Trustee/Director]
  • Compensation: $874
  • Related: $0
  • Other: $0

    • John O'Loughlin (Supervisory Committee) [Trustee/Director]
  • Compensation: $685
  • Related: $0
  • Other: $0

    • Bruce Baurichter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Bosmans (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Cooper Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Masko (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Mcelligot (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clara Nelson (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Wilsie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tapcocu.org

    Where can I find the form 990 for Credit Unions In The State Of Washington Tapco Credit Union?

    The Credit Unions In The State Of Washington Tapco Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tapcocu.org

    Learn more at the official website: www.tapcocu.org

    Mission Statement of Credit Unions In The State Of Washington Tapco Credit Union

    Tapco Credit Union, a financial cooperative based in Washington State, is dedicated to enhancing lives by working hand in hand with families to help them achieve their objectives. The organization's mission goes beyond mere financial services; it strives to make a positive impact on its community by empowering individuals to reach their full potential. Tapco Credit Union values trust, understanding, and mutual respect, fostering an environment where its members feel valued and appreciated.

    With a commitment to improving lives, Tapco Credit Union offers a wide range of financial products and services to over 32,593 members. These include consumer, real estate, and business loans, as well as deposit accounts. The credit union's extensive offerings cater to the diverse financial needs of its members, ensuring they have access to the tools they need to succeed. Some of the services provided by Tapco Credit Union include online and mobile banking with bill pay and remote deposit, branches, ATMs, safe deposit boxes, shared branching, ACH, and wires. These services enable members to manage their finances conveniently and efficiently.

    In summary, Tapco Credit Union is more than just a financial institution. It is a community-focused organization that partners with families to help them reach their goals and maximize their potential. Through its values of trust, understanding, and respect, Tapco Credit Union creates an inclusive environment where every member feels valued and supported. Whether it's through the various financial products and services offered or the sense of belonging fostered within the organization, Tapco Credit Union truly makes a difference in the lives of its members.

    Impact

    This information is meant to be a general summary of Credit Unions In The State Of Washington Tapco Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tapco Credit Union in Washington State plays a significant role in improving the lives of its members by providing a wide range of financial products and services. With a membership base of over 32,593 individuals, including consumers, real estate investors, and business owners, Tapco Credit Union offers essential services such as online and mobile banking, loans, deposit accounts, safe deposit boxes, and more.

    By partnering with families to help them achieve their financial goals, Tapco Credit Union contributes to the overall well-being of its community. Through their commitment to trust, understanding, and respect, Tapco Credit Union aims to empower individuals to realize their full potential and make a positive impact on society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $725,070
  • Program Service Revenue: $25,658,238
  • Gross Receipts: $26,443,311

    • Assets and Liabilities:
  • Total Assets: $646,595,896
  • Total Liabilities: $600,209,613
  • Net Assets: $46,386,283
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS TO MEMBERS

    Revenue

    $18,210,974

    FEE INCOME

    Revenue

    $3,286,988

    OTHER MISCELLANEOUS INCOME

    Revenue

    $2,717,884

    OTHER NON-INTEREST INCOME

    Revenue

    $1,442,392

    Organization Details

    Founding Year

    1934

    Principal Officer

    Justin Martin

    Main Address

    6312 - 19TH STREET WEST, TACOMA, WA, 98466

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Credit Unions In The State Of Washington Tapco Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.