BELLINGHAM, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CREDIT UNIONS IN THE STATE OF WASHINGTON, founded in 1939, is a mid-sized nonprofit that reported $19.5M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.6M, a strong 29% operating margin.
Setting the standards in the financial products we offer the personal services we provide and our support for the communities we serve.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $19,478,425 | $16,324,451 | +0.2% |
| Expenses | $13,866,159 | $11,279,160 | +0.2% |
| Net Income | $5,612,266 | $5,045,291 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marilyn Brink | President CEO | 40.00 |
Officer
|
$283,897 | $41,793 | $325,690 |
| Julia Parker | VP Member Business Loans | 40.00 |
Officer
|
$120,554 | $25,633 | $146,187 |
| Mark Favro | VP of IT | 40.00 |
Key Emp
|
$168,677 | $22,177 | $190,854 |
| Dale Holt | VP - CLO Business Lending | 40.00 |
Officer
|
$136,488 | $45,606 | $182,094 |
| Rhonda Purdy | VP of HR | 40.00 |
Key Emp
|
$129,472 | $22,659 | $152,131 |
| Christian Janguard | VP - CLO RE Consumer Loans | 40.00 |
Officer
|
$147,712 | $27,343 | $175,055 |
| AC Griffith | CFO | 40.00 |
Officer
|
$145,319 | $20,892 | $166,211 |
| Jill Babbit | VP Ops Member Services | 40.00 |
Key Emp
|
$112,563 | $24,832 | $137,395 |
| Rachael Sylte | VP of Marketing | 40.00 |
Key Emp
|
$114,204 | $22,349 | $136,553 |
| Philip Serka | Board Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Jair Furnas | Vice Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Derek Barnes | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Richard Succee | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Randy Watts | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Gregory Lagestee | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Gerzon Marin | Secretary | 5.00 |
Director
|
$0 | $0 | $0 |
| Shelley Acero | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $19,478,425 | $13,866,159 | $353,845,891 | $5,612,266 |
| 2022 | $16,324,451 | $11,279,160 | $373,068,056 | $5,045,291 |
| 2021 | $12,197,352 | $10,225,592 | $379,769,731 | $1,971,760 |
| 2020 | $12,495,765 | $10,838,161 | $322,628,616 | $1,657,604 |
| 2019 | $13,539,163 | $10,139,238 | $269,355,626 | $3,399,925 |
| 2018 | $12,193,923 | $9,030,674 | $255,364,165 | $3,163,249 |
Compare CREDIT UNIONS IN THE STATE OF WASHINGTON with other nonprofits in Washington and across the country.