Credit Unions In The State Of Washington

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

EIN: 916072220 ✦ Olympia, WA ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions In The State Of Washington?

Credit Unions in the State of Washington is a dedicated nonprofit organization situated in Olympia, Washington. Their primary mission is to offer affordable financial services to their 3,731 members, which includes various types of loans, savings accounts, debit cards, credit cards, and additional services. In 2022 alone, they granted 3,968 loans totalling $26,999,025 to their members. With a team of 20 employees, their mission is to provide exceptional financial services to all family members within the community.


Official website here: www.olycu.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: $331,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,666

For more financial information, click here


Official website here: www.olycu.org

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

Credit Unions In The State of Washington's mission is centered around providing exceptional financial services. They strive to cater to the needs of all family members by granting various financial services. In 2022, they approved 3,968 loans totalling $26,999,025 to their members. Their services extend beyond loans, offering low-cost financial solutions such as savings accounts, debit cards, credit cards, and other related services to a significant number of members, specifically 3,731 individuals. The credit union's mission is to deliver these financial services in an outstanding manner, aiming to benefit as many family members as possible.


Official website here: www.olycu.org

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

Tammy Doles-Roberts 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 $128,162 and their total compensation is $133,036.


Official website here: www.olycu.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 $2,247,464.


Official website here: www.olycu.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 $46,690. There are 20 employees and 10 volunteers at Credit Unions In The State Of Washington.


Here are 9 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $128,162 and their total compensation is $133,036):


Tammy Doles-Roberts (President & Ceo)
  • Compensation: $128,162
  • Related: $0
  • Other: $4,874
Jana Ayres (Cfo)
  • Compensation: $90,077
  • Related: $0
  • Other: $10,785
Paula Vaughn (Vp Lending)
  • Compensation: $93,418
  • Related: $0
  • Other: $3,818
Larry Lufkin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Boos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Petersen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Vessey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Legg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shana Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.olycu.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.olycu.org

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

Mission Statement of Credit Unions In The State Of Washington

Credit Unions In The State Of Washington, as a mission-driven organization, is committed to delivering exceptional financial services to all its family members. Their primary objective is to provide a wide array of affordable financial solutions, including loans, savings accounts, debit cards, credit cards, and other related services. The credit union's activities in 2022 reflected this mission, as they extended 3,968 loans worth a total of $26,999,025 to their members. This indicates their dedication to making financial services accessible and beneficial for their members.

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Impact




October, 2024

Credit Unions in the State of Washington had a significant impact in 2022, granting 3,968 loans totaling $26,999,025. This direct provision of financial support helped 3,731 members access essential services, including low-cost loans, savings accounts, debit cards, and credit cards. Based in Olympia, Washington, their mission focuses on delivering outstanding financial services to families, emphasizing accessibility and community benefit. The range of financial services offered underscores their commitment to supporting individuals and families in achieving their financial goals.




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.

Revenue
$2,247,464 (2022)
Expenses
$1,999,528 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74,136
  • Program Service Revenue: $2,036,134
  • Gross Receipts: $2,247,464

Assets and Liabilities:

  • Total Assets: $53,803,002
  • Total Liabilities: $49,528,705
  • Net Assets: $4,274,297

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Programs

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

FEES AND CHARGES

Revenue

$302,071

INTERCHANGE INCOME

Revenue

$330,227

LOAN INTEREST

Revenue

$1,403,836

Organization Details

Founding Year

1965

Principal Officer

Tammy Doles-Roberts

Main Address

PO BOX 7549, OLYMPIA, WA, 98507

NTEE Category

Code: W60 - Public benefit

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