OUR COMMUNITY CREDIT UNION

EIN: 910567189

SHELTON, WA

Total Revenue
$32,175,619
Total Expenses
$25,726,599
Total Assets
$594,854,081
Net Assets
$58,037,588
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
WA
Principal Officer
RYAN DRAKE
Phone
8004265657
Tax Period
2023-01-01 to 2023-12-31

OUR COMMUNITY CREDIT UNION, founded in 1941, is a mid-sized nonprofit that reported $32.2M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.4M, a strong 20% operating margin.

Mission

OUR MISSION IS TO SUSTAIN CONSISTENT GROWTH AND A STRONG FINANCIAL POSITION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $749,000
Program Service Revenue $19,244,653
Investment Income $11,873,951
Other Revenue $308,015
TOTAL REVENUE $32,175,619

Expense Breakdown

Grants Paid $65,000
Salaries & Benefits $9,988,569
Fundraising Expenses $0
Other Expenses $15,673,030
TOTAL EXPENSES $25,726,599

Year-over-Year Comparison

2023 2022 Change
Revenue $32,175,619 $25,930,481 +0.2%
Expenses $25,726,599 $20,038,653 +0.3%
Net Income $6,449,020 $5,891,828 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
125
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$2,692,632
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SADIE HAWKINS BOARD MEMBER 2.00
Director
$0 $0 $0
CURTIS STRACKE SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
PAUL WING BOARD MEMBER 2.00
Director
$0 $0 $0
AMY THOMASON BOARD MEMBER 2.00
Director
$0 $0 $0
A ROY DUNN JR BOARD MEMBER 2.00
Director
$0 $0 $0
CLAY GLEB BOARD VICE CHAIR 2.00
Director
$0 $0 $0
MARK MAGER BOARD CHAIR 2.00
Director
$0 $0 $0
JULIE TUSON ASSOCIATE MEMBER 2.00
Director
$0 $0 $0
BERT FISHER PRESIDENT 60.00
Officer
$1,089,463 $770,932 $1,860,395
RYAN DRAKE CEO 60.00
Officer
$174,635 $168,942 $343,577
ROBERT IHDE CIO 60.00
Officer
$112,942 $16,354 $129,296
REID M MILLER CFO 60.00
Officer
$101,852 $17,065 $118,917
STEPHANIE LYNN STEEN COO 60.00
Officer
$120,108 $21,912 $142,020
GREGOR THEIS CLO 60.00
Officer
$98,360 $67 $98,427
KRISTI A TEMPLETON GRAYS HARBOR REGIONAL MANAGER 50.00
Highest
$117,150 $21,409 $138,559
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $32,175,619 $25,726,599 $594,854,081 $6,449,020
2022 $25,930,481 $20,038,653 $590,462,520 $5,891,828
2021 $19,630,012 $17,346,343 $583,251,574 $2,283,669
2020 $19,503,517 $17,271,165 $501,755,520 $2,232,352
2019 $20,271,999 $16,764,314 $419,430,580 $3,507,685
2018 $19,228,008 $14,982,296 $400,102,670 $4,245,712
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