Overview
What is Credit Unions In The State Of Washington?
Credit Unions in the State of Washington is a cooperative organization, with a membership base of over 1.3 million people. Based in Tukwila, Washington, they have welcomed 108,000 new members in 2022. The credit union's operations resulted in 141,434 loans amounting to a substantial $7.6 billion in 2022. Their mission revolves around enhancing the financial well-being of their members and their communities. This mission materializes through originating loans, as stated in the information. The organization, known as Boeing Employees Credit Union, employs 3,617 individuals to support its members.
Official website here: www.becu.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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $27,620,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,344,937
For more financial information, click here
Official website here: www.becu.org
What is the mission statement of Credit Unions In The State Of Washington?
Credit Unions in the State of Washington operate as a cooperative, uniting individuals to enhance their financial well-being and that of their communities. Their mission is geared towards fostering financial improvement among their members. By pooling resources together, they aim to make a positive impact on the lives of the people they serve. With a membership base of over 1.3 million, they have welcomed 108,200 new members in 2022 alone. Their lending activities have resulted in 141,434 loans worth approximately $7.6 billion. This cooperative focuses on empowering its members to achieve financial stability and prosperity.
Official website here: www.becu.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 $1,076,116,183.
Official website here: www.becu.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 $81,550. There are 3,617 employees at Credit Unions In The State Of Washington.
Here are 49 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $642,316 and their total compensation is $642,316):
- John Benson Porter (Former President Ceo)
- Melba Bartels (Evp Chief Financial Officer)
- Michael Scott Strand (Evp Chief Operating Officer)
- Linnea Wexler (Sr Commercial Relationship Manager Ii)
- Fumbi Chima (Evp Chief Technology Transformation Officer)
- Melanie Walsh (Evp Chief Administrative Officer)
- John Stewart (Evp Chief Risk Officer)
- Thomas Berquist (Evp Chief Marketing Officer)
- Douglas Marshall (Evp Chief Product Digital Officer)
- Marc Wright (Vp Commercial Credit)
- Sean Murphy (Svp Chief Information Security Officer)
- Beverly Anderson (President Ceo)
- Jaime Suarez (Financial Advisor)
- Dana Gray (Svp Commercial Business Services)
- Karen Potts (Svp Technology)
- Deborah Taglialavore (Vp Commercial And Business Services-Primary Markets)
- Shahzad Kazi (Svp Credit Risk Management Cco)
- Gregg Kats (Svp Administration Servicing)
- Michael Ryan (Svp General Counsel)
- Travis Simpson (Svp Retail Contact Center Wealth)
- Mathew Dailey (Vp Investment Services)
- Gennadiy Henry Darakhovskiy (Svp Treasury Cio)
- Bryan Macdonald (Svp Enterprise Risk Management)
- Michael Zell (Svp Digital)
- Jennifer Fancher (Svp Transformation Officer)
- Lisa Grove (Svp Chief Audit Executive)
- Lorraine Stewart (Svp Mortgage Lending)
- Brian Knollenberg (Svp Marketing)
- Christine Wallace (Svp Accounting Controller)
- Deborah Mcleod (Vp Retail Delivery)
- Balaji Ponnuswamy (Svp Product Development Management)
- Paula Ramirez (Svp Human Resources)
- Debasis Rath (Svp Consumer Lending)
- Anthony Harris (Assistant Corporate Secretary)
- Paul Hutchison (Svp Tech Business Solutions)
- Ken Myhra (Former Svp Credit Card)
- Aaron Bresko (Former Svp Consumer Lending)
- Venetia Espinoza (Svp Credit Card)
- Debra Somberg (Director Chairperson)
- John Mcmurray (Director)
- Bill Longbrake (Director)
- Matthew Oppenheimer (Director)
- Denis Farmer (Director)
- Susan Ehrlich (Director)
- Will Daugherty (Director)
- Manolo Sanchez (Director)
- Jessie Woolley-Wilson (Director)
- David Yonce (Director)
- Patrick Smith (Director)
Official website here: www.becu.org
Where can I find the form 990 for Credit Unions In The State Of Washington?
The 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.becu.org
Learn more at the official website: www.becu.org
Mission Statement of Credit Unions In The State Of Washington
Credit Unions in the State of Washington, as a cooperative, unite individuals to enhance their financial well-being and that of their communities. By pooling resources and collaborating, the organization strives to make a difference in the lives of its members. With a membership base of 1,388,742 people, Credit Unions in the State of Washington welcomed 108,200 new members in 2022 alone. The cooperative's impact extends beyond individual financial growth, as it originated 141,434 loans totaling $7.6 billion in 2022. These loans empowered members to achieve their financial goals and contribute to the overall economic vitality of the organization and the communities it serves. By bringing people together, Credit Unions in the State of Washington harnesses the power of collective action to improve financial well-being and create lasting positive change.
Impact
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.
Thursday, August 15, 2024
Credit Unions in the state of Washington, operating as a cooperative, play a significant role in enhancing the financial well-being of their members and communities. With a total membership of over 1.3 million individuals and originating loans totaling billions of dollars, these credit unions have a considerable impact on the local economy. By bringing people together to provide financial services and support, they contribute to the overall financial stability and prosperity of Washington residents.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$616,304,121
FEE INCOME
Revenue
$175,051,444
BROKER INCOME
Revenue
$13,877,090
CONTRACT INCENTIVE INCOME
Revenue
$15,383,833
OTHER PROGRAM REVENUE
Revenue
$13,369,089
Organization Details
Founding Year
1935
Phone
(206) 439-5700
Main Address
12770 GATEWAY DR S, TUKWILA, WA, 981683309
Website
www.becu.org
NTEE Category
Code: W60 - Public benefit
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