Overview
What is Credit Unions In The State Of Washington?
Credit Unions in the State of Washington, specifically Progressions Credit Union, is a nonprofit organization located at 2919 E Mission, Spokane, WA 99202. With a membership of 5,537 individuals, this credit union manages a total of 11,070 share/deposit accounts. Progressions Credit Union extends loans to its members, amounting to $66,359,685, which were granted to 1,947 individuals in 2021. The organization, operated without profit for mutual purposes, is committed to assisting its members in various banking and financial needs. As of December 31, 2022, Progressions Credit Union had 19 employees dedicated to serving its members.
Official website here: www.progressionscu.org
Is Credit Unions In The State Of Washington legitimate?
Credit Unions In The State Of Washington is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Washington 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $451,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $684,719
For more financial information, click here
Official website here: www.progressionscu.org
What is the mission statement of Credit Unions In The State Of Washington?
Credit Unions In The State Of Washington, as an organization, operates on a non-profit basis with the primary goal of serving its members' banking and financial needs. Its mission is to assist members in various financial aspects, including lending. The credit union aims to provide its members with the necessary resources to manage their finances effectively. As of December 31, 2022, Progressions Credit Union, one such credit union in the state, had over 5,500 members and had provided loans worth over $66 million to nearly 2,000 members. In the previous year, Progressions Credit Union granted around 1,665 new loans with an initial value of over $37 million.
Official website here: www.progressionscu.org
Who is the CEO of Credit Unions In The State Of Washington?
Susan Vuong is the President/Ceo of Credit Unions In The State Of Washington. The CEO's salary of Credit Unions In The State Of Washington is $164,035 and their total compensation is $164,035.
Official website here: www.progressionscu.org
What is the revenue of Credit Unions In The State Of Washington?
Credit Unions In The State Of Washington's revenue in 2022 was $3,477,085.
Official website here: www.progressionscu.org
Who are the executives of Credit Unions In The State Of Washington and what are their salaries?
The average compensation at Credit Unions In The State Of Washington during 2022 was $59,789. There are 19 employees and 9 volunteers at Credit Unions In The State Of Washington.
Here are 10 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $164,035 and their total compensation is $164,035):
- Compensation: $164,035
- Related: $0
- Other: $0
- Compensation: $109,881
- Related: $0
- Other: $0
- Compensation: $107,198
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.progressionscu.org
Where can I find the form 990 for Credit Unions In The State Of Washington?
Credit Unions In The State Of Washington's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.progressionscu.org
Learn more at the official website: www.progressionscu.org
Mission Statement of Credit Unions In The State Of Washington
Credit Unions in the State of Washington, identified as Progressions Credit Union (PCU), is a non-profit organization dedicated to serving its members' banking, lending, and financial needs. The Credit Union operates with the shared purpose of assisting its members, ensuring that each individual can manage their financial affairs effectively. With a membership count of 5,537 as of December 31, 2022, and a total of 11,070 share/deposit accounts, PCU demonstrates its commitment to its members' financial well-being. Furthermore, the Credit Union has extended loans worth $66,359,685 to 1,947 members, showcasing its role as a reliable lending institution. In the year 2021, PCU granted 1,665 new loans with an initial value of $37,188,882, underscoring its continued support for its members' financial needs.
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Impact
October, 2024
Credit Unions in the State of Washington play a vital role in supporting local communities through accessible banking and lending services. Progressions Credit Union (PCU) exemplifies this impact, serving over 5,500 members and managing more than 11,000 share and deposit accounts. With a loan portfolio exceeding $66 million, PCU has provided vital financial support to nearly 2,000 members, facilitating growth and stability within the community.
In 2021 alone, the credit union granted 1,665 new loans totaling over $37 million, empowering members to meet a variety of financial needs. By focusing on the interests of its members, PCU helps to foster economic growth and provide essential services that benefit individuals and families in Spokane and beyond, ultimately enhancing the overall well-being of the community.
This information is meant to be a general summary of Credit Unions In The State Of Washington. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $116,795
- Program Service Revenue: $2,944,089
- Gross Receipts: $3,490,548
Assets and Liabilities:
- Total Assets: $83,344,024
- Total Liabilities: $75,773,389
- Net Assets: $7,570,635
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan interest
Revenue
$2,648,461
Fee income
Revenue
$295,628
Organization Details
Founding Year
1933
Phone
(509) 535-0191Principal Officer
Susan Vuong
Main Address
2919 E Mission, Spokane, WA, 992023691
Website
www.progressionscu.orgNTEE Category
Code: W60 - Public benefit
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