WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

Olympia, WA, US
501(c)
EIN
91-0683062
Subordinate Organization

WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

Olympia, WA, US
501(c)
EIN
91-0683062
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$5,165,066,329

Receivables (Non-Related)
80%
Investments
14%
Other Assets
2%
Property, Plant, & Equipment (net)
2%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$4,771,120,080

Other Liabilities
92%
Notes Payable / Debt (Non-Related)
6%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$75,170,971
$77,127,196
+3%
Receivables (Non-Related)
$4,297,826,052
$4,144,511,825
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$26,099,598
$10,245,795
-61%
Investments
$785,012,835
$712,669,978
-9%
Property, Plant, & Equipment (net)
$104,389,978
$100,775,879
-3%
Other Assets
$68,765,113
$119,735,656
+74%
Total Assets
$5,357,264,547
$5,165,066,329
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$114,300,792
$87,132,101
-24%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$544,000,000
$275,000,000
-49%
Related-Party Payables
-
-
-
Other Liabilities
$4,314,415,515
$4,408,987,979
+2%
Total Liabilities
$4,972,716,307
$4,771,120,080
-4%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$384,548,240
+$393,946,249
+2%
Balance Sheet
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