Nonprofit · EIN 91-0581775
CREDIT UNIONS IN THE STATE OF WASHINGTON
Also known as NORTH COAST CREDIT UNION
Tax-exempt · BELLINGHAM, WA 98225
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $20,382,995 | $16,224,301 | $4,158,694 | $381,377,171 | $2,757,587 | $378,619,584 |
| December 31, 2023 | 990 | $19,478,425 | $13,866,159 | $5,612,266 | $353,845,891 | $3,136,248 | $350,709,643 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $16,173,954
- Investment income
- $4,134,691
- Net gain from sales of assets
- -$51,194
- Other revenue
- $74,350
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $930,652
- Other salaries and wages
- $3,828,174
- Salaries, compensation and benefits (total)
- $6,344,590
- Professional fundraising fees
- $0
- Legal fees
- $74,664
- Accounting fees
- $50,546
- Occupancy
- $379,806
- Travel
- $122,950
- Depreciation
- $448,094
Balance sheet and other
- Total assets, start of year
- $353,845,891
- Total assets, end of year
- $381,377,171
- Total liabilities, end of year
- $2,757,587
- Net assets, end of year
- $378,619,584
- Land, buildings and equipment
- $6,122,318
- Publicly traded securities
- $51,747,355
- Gross unrelated business income
- $23,700
- Gross receipts
- $21,427,837
- Employees
- 66
- Volunteers
- 14
- Year formed
- 1939
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Richard Griffith | President CEO Officer | 40 | $199,625 | $35,519 |
| Mark Favro | VP of IT Key employee | 40 | $169,962 | $30,720 |
| Dale Holt | VP - CLO Business Lending Officer | 40 | $152,007 | $45,937 |
| Christian Janguard | VP - CLO RE Consumer Loans Officer | 40 | $154,481 | $28,961 |
| Veronica Bean | VP of HR Key employee | 40 | $143,582 | $29,111 |
| Thomas Boucher | Chief Financial Officer Officer | 40 | $110,995 | $23,371 |
| Jair Furnas | Board Chair Trustee or director | 5 | $0 | $0 |
| Gerzon Marin | Vice Chair Trustee or director | 5 | $0 | $0 |
| Carol Anderson | Secretary Trustee or director | 5 | $0 | $0 |
| Philip Serka | Board Chair Trustee or director | 5 | $0 | $0 |
| Margaret Hardiman | Director Trustee or director | 5 | $0 | $0 |
| Derek Barnes | Director Trustee or director | 5 | $0 | $0 |
| Richard Succee | Director Trustee or director | 5 | $0 | $0 |
| Randy Watts | Director Trustee or director | 5 | $0 | $0 |
| Gregory Lagestee | Director Trustee or director | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Marilyn Brink | President CEO Officer | 40 | $283,897 | $41,793 |
| Mark Favro | VP of IT Key employee | 40 | $168,677 | $22,177 |
| Dale Holt | VP - CLO Business Lending Officer | 40 | $136,488 | $45,606 |
| Christian Janguard | VP - CLO RE Consumer Loans Officer | 40 | $147,712 | $27,343 |
| AC Griffith | CFO Officer | 40 | $145,319 | $20,892 |
| Rhonda Purdy | VP of HR Key employee, Former | 40 | $129,472 | $22,659 |
| Julia Parker | VP Member Business Loans Officer | 40 | $120,554 | $25,633 |
| Jill Babbit | VP Ops Member Services Key employee | 40 | $112,563 | $24,832 |
| Rachael Sylte | VP of Marketing Key employee | 40 | $114,204 | $22,349 |
| Philip Serka | Board Chair Trustee or director | 5 | $0 | $0 |
| Jair Furnas | Vice Chair Trustee or director | 5 | $0 | $0 |
| Derek Barnes | Director Trustee or director | 5 | $0 | $0 |
| Richard Succee | Director Trustee or director | 5 | $0 | $0 |
| Randy Watts | Director Trustee or director | 5 | $0 | $0 |
| Gregory Lagestee | Director Trustee or director | 5 | $0 | $0 |
| Gerzon Marin | Secretary Trustee or director | 5 | $0 | $0 |
| Shelley Acero | Director Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 DUPONT ST, BELLINGHAM, WA 98225-3113
- In care of
- % RICHARD GRIFFITH CEO
- Principal officer (990 for 2024)
- Richard Griffith CEO, 1100 DUPONT ST, BELLINGHAM, WA 982253113
- Signed the 990
- Richard Griffith, President CEO
- Phone
- (360) 685-4077
- Website
- www.northcoastcu.com
Mission
Mutual membership benefit programs general other provided cooperative financial services
Program accomplishments
- Met members needs for cooperative financial services and community support.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-0581775
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1269: CREDIT UNIONS IN THE STATE OF WASHINGTON
- Assets (IRS master file)
- $381,377,171
- Income (IRS master file)
- $21,427,837
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $20,382,995 | $16,224,301 | $381,377,171 | XML |
| 990 | December 2023 | $19,478,425 | $13,866,159 | $353,845,891 | XML |
| 990 | December 2022 | $16,324,451 | $11,279,160 | $373,068,056 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-0581775).
Questions about CREDIT UNIONS IN THE STATE OF WASHINGTON
- What is the EIN of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF WASHINGTON is 91-0581775.
- Is CREDIT UNIONS IN THE STATE OF WASHINGTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1954.
- Are donations to CREDIT UNIONS IN THE STATE OF WASHINGTON tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF WASHINGTON file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS IN THE STATE OF WASHINGTON due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS IN THE STATE OF WASHINGTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The 990 for the year ended December 31, 2024 names Richard Griffith CEO.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF WASHINGTON?
- The 990 for the year ended December 31, 2024 lists 15 people; 6 received compensation from the organization, the highest $199,625 (Richard Griffith, President CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF WASHINGTON have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $20,382,995, expenses of $16,224,301 and total assets of $381,377,171 at year end.
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