2025-11-14T13:31:29-06:00 2024-12-31 921372905 OPSAHL DAWSON 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2024-01-01 910564948 CREDIT UNIONS IN THE STATE OF WASHINGTON DBA AMERICAN LAKE CREDIT UNION CRED 2535840079 9802 GRAVELLY LAKE DR SW LAKEWOOD WA 98499 KOLIN MCMANN CEO 2535840079 2025-11-13 1 0 LINDSEY SAS CPA P01620141 4258891778 2025-11-13 2024 2025-03-06 01:10:19Z KOLIN MCMANN 9802 GRAVELLY LAKE DR SW LAKEWOOD WA 98499 3200960 0 X WWW.AMERICANLAKE.ORG X 1948 WA AMERICAN LAKE CREDIT UNION IS A FINANCIAL COOPERATIVE DEDICATED TO HELPING MEMBERS IMPROVE THEIR FINANCIAL STATUS. 11 10 19 11 10824 0 2189437 0 995150 1737450 0 1229017 1065 231769 3185652 3198236 0 0 0 0 1264463 1171457 0 0 0 1805752 2497538 3070215 3668995 115437 -470759 64344364 61650906 55150614 52927915 9193750 8722991 AMERICAN LAKE CREDIT UNION IS A PROACTIVE FINANCIAL COOPERATIVE DEDICATED TO HELPING MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING BY PROVIDING QUALITY SERVICES AT LOW COST AND ENCOURAGING THRIFT. 0 0 THE CREDIT UNION PROVIDED LOW-COST RETAIL FINANCIAL SERVICES TO OVER 4,882 MEMBERS/OWNERS THROUGH FOUR BRANCHES LOCATED IN TACOMA AND LAKEWOOD. SERVICES INCLUDE SAVINGS AND DEPOSIT ACCOUNTS, CONSUMER, MORTGAGE, AND CREDIT CARD LOANS. THE CREDIT UNION GRANTED 1,121 LOANS TO MEMBERS, ACCOUNTING FOR $10,056,784 IN 2024. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 491 0 1 19 1 1 1 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X KOLIN MCMANN 2535840079 9802 GRAVELLY LAKE DR SW LAKEWOOD WA 98499 ROBERT DERMANN SECRETARY 1.00 X X 0 0 0 ROGER ERICKSON TREASURER 1.00 X X 0 0 0 BRIAN HAGEL DIRECTOR 1.00 X 0 0 0 DONALD HAM DIRECTOR 1.00 X 0 0 0 DONALD HOFFMAN DIRECTOR 1.00 X 0 0 0 CONNIE HYNDMAN DIRECTOR 1.00 X 0 0 0 DEIDRA MCLAUCHLAN DIRECTOR 1.00 X 0 0 0 GLEN NEAL VICE CHAIR 1.00 X X 0 0 0 WILLIAM DISBROW CHAIRMAN 1.00 X X 0 0 0 MARLENE GRANTHAM DIRECTOR 1.00 X 0 0 0 KOLIN MCMANN CEO 50.00 X 219616 0 17454 JAYDE DELGADO VP MEMBER EXPERIENCE 50.00 X 89808 0 6245 CHERYL BEESON VP ADMINSTRATION 50.00 X 94550 0 19406 403974 0 43105 1 0 1 0 VELERA 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CARD PROCESSING AND REWARD, SHARED BRANC 189046 ENHANCED SOFTWARE PRODUCTS 1811 N HUTCHINSON RD SPOKANE WA 99212 CORE SOFTWARE, STATEMENT PRINT SERVICES, 118442 2 INTEREST ON MEMBER LOANS 522100 1481506 1481506 FEES, CHARGES AND OTHER 522100 255944 255944 1737450 1231741 1231741 10824 0 10824 10824 10824 2724 -2724 -2724 -2724 OTHER OPERATING INCOME 522100 218938 218938 NON-MEMBER ATM FEES 522100 2007 2007 220945 3198236 1953664 10824 1233748 403974 545755 17309 116707 87712 6170 49258 200784 24325 533756 13627 102676 5994 36700 243964 38315 1959 PROVISION FOR LOAN LOSS 1128761 LOAN SERVICING 48571 MISCELLANEOUS 38881 ASSOCIATION DUES 23545 252 3668995 258048 389637 2954300 33706160 188096 30057462 23010238 188797 113087 3416825 1774491 1714767 1642334 584014 26636000 397689 367779 2137301 1649561 64344364 61650906 339564 594676 54811050 52333239 55150614 52927915 X 0 0 0 0 9193750 8722991 9193750 8722991 64344364 61650906 -470759 0 X 0 0 0 392927 392927 1828303 673640 1154663 583316 534233 49083 612279 566618 45661 1642334 MEMBER SHARES 52333239 52333239 X X 0 0 0 KOLIN MCMANN CEO 194616 0 25000 0 0 0 7786 0 9668 0 237070 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A VOLUNTEERS CONSIST OF ELECTED BOARD MEMBERS WITH VOTING RIGHTS AND NON-VOTING SUPERVISORY COMMITTEE MEMBERS WHO ARE APPOINTED BY THE BOARD. THE SUPERVISORY COMMITTEE PROVIDES OVERSIGHT OVER OPERATIONS, ASSURES COMPLIANCE WITH CREDIT UNION POLICIES, AND REPORTS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 AMERICAN LAKE CREDIT UNION IS A MEMBER-OWNED NOT-FOR-PROFIT FINANCIAL COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS ELECT BOARD DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B AFTER COMPLETION, THE PRESIDENT/CEO REVIEWS AND VERIFIES ITS ACCURACY TO THE BEST OF THEIR ABILITY. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND VOLUNTEERS REVIEW AND ATTEST TO THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS BASED ON NATIONAL AND STATEWIDE SURVEYS OF CREDIT UNION CEO COMPENSATION. THE BOARD REVIEWS THESE SURVEYS AND APPROVES CEO COMPENSATION. OTHER OFFICER SALARIES ARE BASED ON SURVEY DATA FOR COMPARABLE CREDIT UNIONS AND INCLUDED IN THE ANNUAL BUDGET. THE BOARD APPROVES THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE ANNUAL MEETING AND UPON REQUEST.