Credit Unions In The State Of Washington

Credit Unions In The State Of Washington Overview

Credit Unions In The State Of Washington is located in Richland, WA. The organization was established in 1954. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2019, Credit Unions In The State Of Washington employed 858 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions In The State Of Washington is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2019, Credit Unions In The State Of Washington generated $158.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $129.6m during the year ending 12/2019. While expenses have increased by 15.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SERVICES TO 164,281 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING AUTO AND OTHER SECURED/UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OFFER COMPREHENSIVE RANGE AND COMPETITIVELY PRICED LOAN PRODUCTS TO MEMBERS. GESA OFFERS A WIDE RANGE OF LOAN PRODUCTS INCLUDING, BUT NOT LIMITED TO, AUTOS, RVS, MARINE EQUIPMENT, FIRST MORTGAGE, HOME EQUITY, CREDIT CARD, COMMERCIAL AND VARIOUS SECURED AND UNSECURED LOANS.


OFFER COMPREHENSIVE AND COMPETITIVELY YIELDING SAVINGS PRODUCTS TO MEMBERS. GESA OFFERS A WIDE VARIETY OF SAVINGS PRODUCTS TO MEMBERS, WHICH INCLUDE, BUT ARE NOT LIMITED TO BASIC SAVINGS, HOLIDAY CLUB, VACATION CLUB, COMMERCIAL SAVINGS, CERTIFICATE ACCOUNTS, IRA CERTIFICATES, IRA SAVINGS AND MONEY MARKET ACCOUNTS. GESA CONTINUES TO BE A LEADER IN OUR AREA ON SAVINGS ACCOUNT RATES.


OFFER LOW COST SERVICES TO MEMBERS WHICH WILL ENABLE THEM TO ACHIEVE THEIR DESIRED FINANCIAL GOALS.


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Credit Unions In The State Of Washington Board, Officers & Key Employees

Credit Unions In The State Of Washington Vendors

Vendor Name (Service)Compensation
Fiserv
Data Processing Provider
$2,966,954
Banlin Construction
Construction
$2,053,105
Diebold
Security Maintenance
$1,273,846
Avtex Solutions Llc
Maintenance Support Services
$702,132
Ps Media
Marketing Services
$662,481
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$149,175,385
Investment income $8,572,230
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $516,607
Net Gain/Loss on Asset Sales -$2,435
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $158,261,787

Credit Unions In The State Of Washington Grants Awarded

Over the last fiscal year, Credit Unions In The State Of Washington has awarded $40,286 in support to 3 organizations.

Grant RecipientAmount

MAKE-A-WISH OF ALASKA & WASHINGTON

Org PageRecipient Profile

Seattle, WA

PURPOSE: GENERAL ASSISTANCE

$20,000

SAFE HARBOR CRISIS NURSERY

Org PageRecipient Profile

Kennewick, WA

PURPOSE: GENERAL ASSISTANCE

$15,000

AMERICAN RED CROSS - APPLE VALLEY

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL ASSISTANCE

$5,286
View Grant Profile

Credit Unions In The State Of Washington Peer Organizations

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