WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

Olympia, WA, US
•
501(c)
•
EIN
91-0683062
•
WWW.WSECU.ORG
•
Subordinate Organization

WASHINGTON STATE EMPLOYEES CREDIT UNION
Pub 78

Olympia, WA, US
•
501(c)
•
EIN
91-0683062
•
WWW.WSECU.ORG
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
Sign up for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$335,996,713

Program Services
91%
Investments
9%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$331,443,360

Salaries & Benefits
30%
Interest
28%
Other
27%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Depreciation
2%
Advertising & Promotion
2%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$269,746,727
$306,327,975
+14%
Membership Dues
$0
$0
-
Investments
$28,027,545
$28,832,852
+3%
Other
$20,099,905
$835,886
-96%
Total Revenues
$317,874,177
$335,996,713
+6%
Expenses
2023
2024
Change
Grants
$100,000
$986,000
+886%
Benefits to Members
$0
$0
-
Salaries & Benefits
$98,166,600
$99,468,717
+1%
Fees to Service Providers
$21,409,517
$12,984,210
-39%
Advertising & Promotion
$6,857,455
$5,763,203
-16%
Offices, Occupancy & IT
$24,375,566
$23,465,963
-4%
Interest
$68,967,245
$92,546,304
+34%
Depreciation
$7,249,381
$7,795,312
+8%
Other
$62,222,696
$88,433,651
+42%
Total Expenses
$289,348,460
$331,443,360
+15%
Net income
2023
2024
Change
Net income
+$28,525,717
+$4,553,353
-84%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$289,348,460
$331,443,360
+15%
Income Statement
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