CREDIT UNIONS IN THE STATE OF WASHINGTON TWINSTAR CREDIT UNION
Pub 78

CREDIT UNIONS IN THE STATE OF WASHINGTON TWINSTAR CREDIT UNION
Pub 78

Olympia, WA, US
501(c)
EIN
91-0440744
Regional Funder
Subordinate Organization

CREDIT UNIONS IN THE STATE OF WASHINGTON TWINSTAR CREDIT UNION
Pub 78

Olympia, WA, US
501(c)
EIN
91-0440744
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$318,637,000

Program Services
93%
Investments
7%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$292,369,538

Salaries & Benefits
36%
Other
25%
Benefits to Members
20%
Offices, Occupancy & IT
8%
Interest
5%
Fees to Service Providers
3%
Depreciation
2%
Grants
<1%
Advertising & Promotion
<1%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$216,211,648
$297,205,766
+37%
Membership Dues
$0
$0
-
Investments
$20,850,664
$21,299,113
+2%
Other
$588,677
$132,121
-78%
Total Revenues
$237,650,989
$318,637,000
+34%
Expenses
2023
2024
Change
Grants
$1,152,325
$1,657,467
+44%
Benefits to Members
$38,251,035
$59,677,766
+56%
Salaries & Benefits
$69,692,412
$106,289,853
+53%
Fees to Service Providers
$4,914,361
$7,785,702
+58%
Advertising & Promotion
$1,644,220
$1,051,352
-36%
Offices, Occupancy & IT
$18,436,206
$22,028,890
+19%
Interest
$12,630,773
$13,241,330
+5%
Depreciation
$5,247,006
$6,880,215
+31%
Other
$53,392,858
$73,756,963
+38%
Total Expenses
$205,361,196
$292,369,538
+42%
Net income
2023
2024
Change
Net income
+$32,289,793
+$26,267,462
-19%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$205,361,196
$292,369,538
+42%
Income Statement
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