WASHINGTON FEDERATION OF STATE EMPLOYEES

EIN: 910607853

OLYMPIA, WA

Total Revenue
$25,560,104
Total Expenses
$21,867,272
Total Assets
$27,551,306
Net Assets
$23,834,516
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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
1956
Legal Domicile
WA
Principal Officer
KURT SPIEGEL
Phone
3603527603
Tax Period
2024-07-01 to 2025-06-30

WASHINGTON FEDERATION OF STATE EMPLOYEES, founded in 1956, is a mid-sized nonprofit that reported $25.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $21.9M left a modest 14% surplus.

Mission

PROVIDE WELFARE, PROTECTION AND ADVANCEMENT OF WASHINGTON STATE EMPLOYEE LOCAL UNIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $24,477,125
Investment Income $914,439
Other Revenue $18,540
TOTAL REVENUE $25,560,104

Expense Breakdown

Grants Paid $1,263,786
Salaries & Benefits $15,988,764
Fundraising Expenses $0
Other Expenses $4,614,722
TOTAL EXPENSES $21,867,272

Year-over-Year Comparison

2024 2023 Change
Revenue $25,560,104 $23,306,817 +0.1%
Expenses $21,867,272 $20,967,541 +0.0%
Net Income $3,692,832 $2,339,276 +0.6%
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
67
Independent Members
65
Employees
344
Volunteers
100

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
6
$628,716
Total Directors
72
$214,182
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YESTRAMSKI MICHAEL PRESIDENT 40.00
Officer Director
$27,200 $0 $27,200
FUESTON ASHLEY VICE PRESIDENT 40.00
Officer Director
$27,200 $0 $27,200
LUKASZEK PAULA TREASURER 40.00
Officer Director
$18,052 $0 $18,052
STANLEY TRACY SECRETARY 10.00
Officer Director
$29,293 $0 $29,293
ADAMS KYMBERLY EXECUTIVE BOARD MEMBER 2.00
Director
$680 $0 $680
ANDREASON DANIEL EXECUTIVE BOARD MEMBER 2.00
Director
$2,230 $0 $2,230
ANDREASON KIZZY EXECUTIVE BOARD MEMBER 2.00
Director
$2,878 $0 $2,878
APPLETON BOBBIE EXECUTIVE BOARD MEMBER 2.00
Director
$1,300 $0 $1,300
ARNOLD CHRISTINA EXECUTIVE BOARD MEMBER 2.00
Director
$1,343 $0 $1,343
BARBER BRITTANY EXECUTIVE BOARD MEMBER 2.00
Director
$3,831 $0 $3,831
BELL ANJA EXECUTIVE BOARD MEMBER 2.00
Director
$562 $0 $562
BOHLMAN APRIL EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
BOWEN LESLIE EXECUTIVE BOARD MEMBER 2.00
Director
$1,994 $0 $1,994
BOYAN LAUREN EXECUTIVE BOARD MEMBER 2.00
Director
$342 $0 $342
BUCHANAN RHONDA EXECUTIVE BOARD MEMBER 2.00
Director
$302 $0 $302
BURKI ALICIA EXECUTIVE BOARD MEMBER (THRU 07/24) 2.00
Director
$452 $0 $452
BUTLER NICOLE EXECUTIVE BOARD MEMBER 2.00
Director
$2,381 $0 $2,381
CALDWELL STACI EXECUTIVE BOARD MEMBER 2.00
Director
$7,335 $0 $7,335
CASEY HAILEY EXECUTIVE BOARD MEMBER 2.00
Director
$4,556 $0 $4,556
CASTILLO SALVADOR EXECUTIVE BOARD MEMBER 3.00
Director
$278 $0 $278
CLEVENGER MARGARETT EXECUTIVE BOARD MEMBER 2.00
Director
$1,574 $0 $1,574
COGSWELL KIMBERLY EXECUTIVE BOARD MEMBER 2.00
Director
$534 $0 $534
COSDEN SHERRY EXECUTIVE BOARD MEMBER (THRU 12/24) 2.00
Director
$1,007 $0 $1,007
PAUL VICTORIA EXECUTIVE BOARD MEMBER 2.00
Director
$1,240 $0 $1,240
DAVIS JASON EXECUTIVE BOARD MEMBER 2.00
Director
$484 $0 $484
DIAZ DORIAN EXECUTIVE BOARD MEMBER 2.00
Director
$2,303 $0 $2,303
DOREMUS LLYN EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
DOWNING MANDY EXECUTIVE BOARD MEMBER (THRU 08/24) 2.00
Director
$0 $0 $0
DUNCAN TAZIA EXECUTIVE BOARD MEMBER 2.00
Director
$461 $0 $461
EATON JOSHUA EXECUTIVE BOARD MEMBER 2.00
Director
$712 $0 $712
EDWARDS BRIAN EXECUTIVE BOARD MEMBER 2.00
Director
$2,794 $0 $2,794
ELLIS DIANE EXECUTIVE BOARD MEMBER 2.00
Director
$2,762 $0 $2,762
ENNIS JAMES CODY EXECUTIVE BOARD MEMBER 2.00
Director
$759 $0 $759
FRANS CHRISTINA EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
FURCHERT JAMES EXECUTIVE BOARD MEMBER 2.00
Director
$5,017 $0 $5,017
GALOW CHRISTOPHER EXECUTIVE BOARD MEMBER 2.00
Director
$2,584 $0 $2,584
HAMEL KEVIN EXECUTIVE BOARD MEMBER 2.00
Director
$1,474 $0 $1,474
HANCOCK JOSEPH PAUL EXECUTIVE BOARD MEMBER 2.00
Director
$2,116 $0 $2,116
HELTEMES CHERYL EXECUTIVE BOARD MEMBER (THRU 09/24) 2.00
Director
$0 $0 $0
HEMPHILL JOHNATHAN EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
HERTZOG ERIC EXECUTIVE BOARD MEMBER 2.00
Director
$1,869 $0 $1,869
JOHNSON MARRA EXECUTIVE BOARD MEMBER 2.00
Director
$842 $0 $842
KALAS JERRY EXECUTIVE BOARD MEMBER 2.00
Director
$643 $0 $643
KAPLAN WARD EXECUTIVE BOARD MEMBER 2.00
Director
$1,397 $0 $1,397
KAPSANDY JAYMIN EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
MARTIN RACHELLE EXECUTIVE BOARD MEMBER 2.00
Director
$1,069 $0 $1,069
MCNABB WILLIS EXECUTIVE BOARD MEMBER 2.00
Director
$702 $0 $702
MEYENBURG SHELBY EXECUTIVE BOARD MEMBER 2.00
Director
$3,742 $0 $3,742
MITCHELL MICHELE EXECUTIVE BOARD MEMBER 2.00
Director
$715 $0 $715
NICHOLAS MILO EXECUTIVE BOARD MEMBER 2.00
Director
$4,918 $0 $4,918
OBELCZ JEANETTE EXECUTIVE BOARD MEMBER 2.00
Director
$2,776 $0 $2,776
OSBORNE LORA EXECUTIVE BOARD MEMBER 2.00
Director
$1,266 $0 $1,266
PIRTLE CHARLES EXECUTIVE BOARD MEMBER 2.00
Director
$546 $0 $546
RAYBELL SEAN EXECUTIVE BOARD MEMBER 2.00
Director
$3,700 $0 $3,700
REDELL CHARLES EXECUTIVE BOARD MEMBER 2.00
Director
$2,312 $0 $2,312
RIMBAKUSUMO FA'APAIA ADA EXECUTIVE BOARD MEMBER 2.00
Director
$1,141 $0 $1,141
RODRIGUEZ ADELAIDA EXECUTIVE BOARD MEMBER 2.00
Director
$1,549 $0 $1,549
ROS LLIBERTAT EXECUTIVE BOARD MEMBER 2.00
Director
$1,295 $0 $1,295
SALISBURY AMINATA EXECUTIVE BOARD MEMBER 2.00
Director
$2,305 $0 $2,305
SHEEDY KENDRA EXECUTIVE BOARD MEMBER 2.00
Director
$798 $0 $798
SHIVES PATRICIA EXECUTIVE BOARD MEMBER 2.00
Director
$378 $0 $378
SILLS DEBRA EXECUTIVE BOARD MEMBER 2.00
Director
$4,210 $0 $4,210
SMITH NATHAN EXECUTIVE BOARD MEMBER 2.00
Director
$954 $0 $954
SULLIVAN TIMOTHY EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
THAYER MICHAEL EXECUTIVE BOARD MEMBER 2.00
Director
$777 $0 $777
TRAN QUAN EXECUTIVE BOARD MEMBER 2.00
Director
$11,078 $0 $11,078
TURNER SIERRA EXECUTIVE BOARD MEMBER 2.00
Director
$1,203 $0 $1,203
TVERBERG JUSTIN EXECUTIVE BOARD MEMBER 2.00
Director
$765 $0 $765
VANMEER KATHERINE EXECUTIVE BOARD MEMBER 2.00
Director
$0 $0 $0
WALSH SCOTT EXECUTIVE BOARD MEMBER 2.00
Director
$1,255 $0 $1,255
WOMACK DIANNE EXECUTIVE BOARD MEMBER 2.00
Director
$1,665 $0 $1,665
YATES STEVEN EXECUTIVE BOARD MEMBER 2.00
Director
$282 $0 $282
SPIEGEL KURT EXECUTIVE DIRECTOR 40.00
Officer
$196,070 $172,155 $368,225
CHANG JOYCE DIRECTOR OF FINANCE 40.00
Officer
$112,851 $45,895 $158,746
EAGLE DENNIS DIRECTOR OF LEGISLATIVE & POLITICAL ACTIVITY 40.00
Highest
$144,859 $-26,095 $118,764
THARP TIMOTHY DIRECTOR OF EXTERNAL ORGANIZING 40.00
Highest
$146,143 $9,940 $156,083
BROWN TAWNY DIRECTOR OF FIELD SERVICES 40.00
Highest
$143,098 $34,615 $177,713
SPIEGEL AMY DIRECTOR OF ADVOCACY 40.00
Highest
$146,744 $4,760 $151,504
SUGRUE PATRICK DIRECTOR OF COMMUNICATIONS 40.00
Highest
$122,684 $32,267 $154,951
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
2025 $25,560,104 $21,867,272 $27,551,306 $3,692,832
2024 $23,306,817 $20,967,541 $24,098,339 $2,339,276
2023 $20,225,876 $18,857,979 $19,779,915 $1,367,897
2022 $18,329,295 $18,401,968 $19,026,870 $-72,673
2021 $18,467,396 $17,237,248 $18,824,029 $1,230,148
2020 $17,775,420 $16,434,498 $17,362,127 $1,340,922
2019 $17,241,736 $16,381,569 $16,015,818 $860,167
2018 $19,690,602 $18,879,454 $15,669,228 $811,148
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