Nonprofit · EIN 91-0614877
INDEPENDENT COLLEGES OF WASHINGTON
Tax-exempt · SEATTLE, WA 98101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,873,827 | $2,858,091 | $15,736 | $4,366,897 | $1,614,363 | $2,752,534 |
| June 30, 2024 | 990 | $2,371,830 | $2,470,657 | -$98,827 | $3,827,869 | $1,102,161 | $2,725,708 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,629,999
- Membership dues
- $1,306,412
- Program service revenue
- $0
- Investment income
- $216,447
- Net gain from sales of assets
- $98,241
- Other revenue
- $27,381
Expenses
- Grants and similar amounts paid
- $1,220,227
- Compensation of officers, directors and key employees
- $391,821
- Other salaries and wages
- $430,695
- Salaries, compensation and benefits (total)
- $979,633
- Professional fundraising fees
- $0
- Legal fees
- $22,206
- Accounting fees
- $18,500
- Occupancy
- $89,594
- Travel
- $43,811
- Program services (functional)
- $2,402,032
- Management and general (functional)
- $384,143
- Fundraising (functional)
- $71,916
Balance sheet and other
- Total assets, start of year
- $3,827,869
- Total assets, end of year
- $4,366,897
- Total liabilities, end of year
- $1,614,363
- Net assets, end of year
- $2,752,534
- Publicly traded securities
- $1,121,398
- Net assets without donor restrictions
- $1,276,898
- Net assets with donor restrictions
- $1,475,636
- Gross receipts
- $2,873,827
- Employees
- 19
- Volunteers
- 37
- Year formed
- 1953
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRI STANDISH-KUON | PRESIDENT & CEO Trustee or director, Officer | 40 | $339,332 | $42,386 |
| ISIAAH CRAWFORD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN KELLY | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| THAYNE M MCCULLOH | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW PRATHER | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS BUFUMO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLAN BELTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH BOLTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM BROWNSBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAT CALLANS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GORDON CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER DIVINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BERNADINE GRIFFIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
22 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTOFER JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE KAAI | DIRECTOR Trustee or director | 1 | $0 |
| JILL MACKIE | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT MCQUILKIN | DIRECTOR Trustee or director | 1 | $0 |
| JOELLE SKAGA NAUSIN | DIRECTOR Trustee or director | 1 | $0 |
| DEANA PORTERFIELD | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE PARKER | DIRECTOR Trustee or director | 1 | $0 |
| EDUARDO M PENALVER | DIRECTOR Trustee or director | 1 | $0 |
| PARKER PHEND | DIRECTOR Trustee or director | 1 | $0 |
| SUSANA REYES | DIRECTOR Trustee or director | 1 | $0 |
| BEN SMALL | DIRECTOR Trustee or director | 1 | $0 |
| STEVE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| STEFAN AGYEMANG | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW C SUND | DIRECTOR Trustee or director | 1 | $0 |
| JASON THACKSTON | DIRECTOR Trustee or director | 1 | $0 |
| TOM THOEN | DIRECTOR Trustee or director | 1 | $0 |
| DIANE MARIE TIMBERLAKE | DIRECTOR Trustee or director | 1 | $0 |
| RANDY TINSETH | DIRECTOR Trustee or director | 1 | $0 |
| JIM YEARBY | DIRECTOR Trustee or director | 1 | $0 |
| SANDY ZIMMERMANN | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD E BANGERT II | EMERITUS Trustee or director | 1 | $0 |
| KENNETH J GOODCHILD | EMERITUS Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRI STANDISH-KUON | PRESIDENT & CEO Trustee or director, Officer | 40 | $322,524 | $43,040 |
| ISIAAH CRAWFORD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN KELLY | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| THAYNE M MCCULLOH | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW PRATHER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEFAN AGYEMANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS BUFUMO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLAN BELTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH BOLTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAT CALLANS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GORDON CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTOFER JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE KAAI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT MCQUILKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEANA POTERFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN OUELLETTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDUARDO M PEALVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PARKER PHEND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSANA REYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NIKISHA REYES-GRANGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIMERLY RORSCHACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN SMALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW C SUND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON THACKSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM THOEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE MARIE TIMBERLAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDY TINSETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM YEARBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDY ZIMMERMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD E BANGERT II | EMERITUS Trustee or director | 1 | $0 | $0 |
| KENNETH J GOODCHILD | EMERITUS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 STEWART ST STE 600, SEATTLE, WA 98101-1268
- Principal officer (990 for 2024)
- THERESA A STANDISH-KUON, 600 STEWART ST 600, SEATTLE, WA 98101
- Signed the 990
- THERESA A STANDISH-KUON, PRESIDENT/CEO
- Phone
- (206) 623-4494
- Website
- WWW.ICWASHINGTON.ORG
- Return prepared by
- GREENWOOD OHLUND PS
Mission
INDEPENDENT COLLEGES OF WASHINGTON IS THE LEADING ADVOCATE FOR NOT-FOR-PROFIT, PRIVATE CAMPUSES IN WASHINGTON STATE.
Program accomplishments
- INDEPENDENT COLLEGES OF WASHINGTON (ICW) ENABLES STUDENTS TO PURSUE THEIR COLLEGE ASPIRATIONS, AND WASHINGTON STATE TO ACHIEVE ITS POST-SECONDARY ATTAINMENT GOAL. IN ACHIEVING ITS VISION AND PURPOSE, ICW BELIEVES IT WILL CONTRIBUTE TO THE LONG-TERM HEALTH AND VITALITY OF AN ECONOMICALLY ROBUST AND SOCIALLY JUST WASHINGTON. THE WORK OF THE ASSOCIATION REINFORCES THE IMPORTANCE OF HIGHER EDUCATION IN WASHINGTON TO ENSURE THE PUBLIC COMMITMENT REMAINS STRONG.Expenses $2,402,032 · grants $1,220,227
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 91-0614877
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B40)
- Assets (IRS master file)
- $4,366,897
- Income (IRS master file)
- $2,873,827
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,873,827 | $2,858,091 | $4,366,897 | IRS |
| 990 | June 2024 | $2,371,830 | $2,470,657 | $3,827,869 | XML |
| 990 | June 2023 | $2,074,892 | $2,313,975 | $3,972,193 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 91-0614877).
Questions about INDEPENDENT COLLEGES OF WASHINGTON
- What is the EIN of INDEPENDENT COLLEGES OF WASHINGTON?
- The employer identification number (EIN) of INDEPENDENT COLLEGES OF WASHINGTON is 91-0614877.
- Is INDEPENDENT COLLEGES OF WASHINGTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to INDEPENDENT COLLEGES OF WASHINGTON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDEPENDENT COLLEGES 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 INDEPENDENT COLLEGES OF WASHINGTON due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT COLLEGES OF WASHINGTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INDEPENDENT COLLEGES OF WASHINGTON?
- The 990 for the year ended June 30, 2025 names THERESA A STANDISH-KUON.
- Who are the officers and directors of INDEPENDENT COLLEGES OF WASHINGTON?
- The 990 for the year ended June 30, 2025 lists 37 people; 1 received compensation from the organization, the highest $339,332 (TERRI STANDISH-KUON, PRESIDENT & CEO).
- How much revenue does INDEPENDENT COLLEGES OF WASHINGTON have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,873,827, expenses of $2,858,091 and total assets of $4,366,897 at year end.
Other nonprofits in SEATTLE
- ASSOCIATION OF UNIVERSITY PHYSICIANS EIN 91-1220843 · last filed 990 for 2025
- UNIVERSITY OF WASHINGTON FOUNDATION EIN 94-3079432 · last filed 990 for 2025
- SEATTLE PACIFIC UNIVERSITY EIN 91-0565553 · last filed 990 for 2025
- LAKESIDE SCHOOL EIN 91-0564971 · last filed 990 for 2025
- UW PHYSICIANS NETWORK EIN 91-1715882 · last filed 990 for 2025
- THE SEATTLE ACADEMY OF ARTS AND SCIENCES EIN 91-1223580 · last filed 990 for 2025
- CITY UNIVERSITY OF SEATTLE EIN 23-7421224 · last filed 990 for 2025
- SCHOLAR FUND EIN 81-3153433 · last filed 990 for 2023