2024-11-15T15:36:34-05:00 2023-12-31 990 2023-01-01 910219435 CREDIT UNIONS IN THE STATE OF WASHINGTON % TINA WALLACE CRED 2064395700 12770 GATEWAY DR S TUKWILA WA 981683309 TINA WALLACE SVP ACCOUNTING CONTROLLER 2024-11-15 2023 2024-10-15 13:58:12Z BOEING EMPLOYEES CREDIT UNION TINA WALLACE 12770 GATEWAY DR S TUKWILA WA 98168 2139771238 false X www.BECU.ORG X 1935 WA AS A COOPERATIVE WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. 9 9 3629 0 1869264 750892 0 0 836112490 1115615728 240509207 423065240 -505514 -699815 1076116183 1537981153 8928955 9008439 0 0 386847758 455893105 0 0 0 483869355 893979647 879646068 1358881191 196470115 179099962 28780643575 29871889353 26832951916 27579166183 1947691659 2292723170 AS A COOPERATIVE WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. false false 0 0 0 TOTAL 1,457,207 MEMBERS INCLUDING 131,000 NEW MEMBERS FOR 2023; 170,309 LOANS ORIGINATED TOTALLING $6,600,000,000. 0 0 0 0 0 0 0 0 0 0 false false true false false false false false false true true false false true true true false false false false false false false false false false true false true false false false false false false false false false false true true false false true 0 0 true 3629 true true true false false false false false true false X 9 9 false false false false true true true true true false false true true true true true true true true true false CA X TINA WALLACE 2064395700 12770 GATEWAY DR S TUKWILA WA 981683309 X Debra Somberg Director Chairperson 6.00 0.00 X 95358 0 0 Bill Longbrake Director 6.00 0.00 X 85000 0 0 Denis Farmer Director 6.00 0.00 X 80000 0 0 John McMurray Director 6.00 0.00 X 87858 0 0 Manolo Sanchez Director 6.00 0.00 X 77143 0 0 Matthew Oppenheimer Director 6.00 0.00 X 85000 0 0 Patrick Smith Director 6.00 0.00 X 77143 0 0 Susan Ehrlich Director 6.00 0.00 X 82143 0 0 Vanessa Pegueros Director 6.00 0.00 X 73393 0 0 Will Daugherty Director 6.00 0.00 X 42863 0 0 John Benson Porter Former President CEO 0.00 0.00 X 2354131 0 4426 Beverly Anderson President CEO 40.00 0.00 X 1495789 0 173149 Melba Bartels EVP Chief Financial Officer 40.00 0.00 X 1664708 0 97282 Drew Wolff EVP Chief Financial Officer 40.00 0.00 X 285000 0 0 Mike Ryan EVP Chief Legal Officer and General Counsel 40.00 0.00 X 572956 0 71191 Shawna Thompson EVP Head of Operations 40.00 0.00 X 359969 0 72274 Michael Scott Strand EVP Chief Operating Officer 40.00 0.00 X 1455332 0 74318 John Stewart EVP Chief Risk Officer 40.00 0.00 X 839988 0 123001 Nathan Ramachandran EVP Chief Technology Officer 40.00 0.00 X 414232 0 12637 Douglas Marshall EVP Chief Product Digital Officer 40.00 0.00 X 756586 0 73065 Jason Rudman EVP Chief Membership Experience Officer 40.00 0.00 X 89728 0 2695 Raquel Karls EVP Chief People Officer 40.00 0.00 X 260875 0 6445 Beth Hale EVP Chief Consumer and Business Solutions Officer 40.00 0.00 X 232194 0 1798 Rick Eiel EVP Chief Data and Analytics Officer 40.00 0.00 X 857477 0 34009 Thomas Berquist EVP Chief Marketing Officer 40.00 0.00 X 2322847 0 33078 Melanie Walsh EVP Chief Administrative Officer 40.00 0.00 X 2434284 0 36133 Fumbi Chima EVP Chief Technology Transformation Officer 40.00 0.00 X 4511727 0 37122 Dana Gray SVP Commercial and Business Services 40.00 0.00 X 642696 0 88155 Lisa Grove SVP Chief Audit Executive 40.00 0.00 X 436501 0 89539 Paul Hutchison SVP Tech Business Solutions 40.00 0.00 X 574251 0 114304 Sean Murphy SVP Chief Information Security Officer 40.00 0.00 X 664155 0 70329 Lisa Holley Sr Mortgage Advisor - Primary Market 40.00 0.00 X 1326429 0 20827 Linnea Wexler Sr Commercial Relationship Manager II 40.00 0.00 X 695135 0 69758 26032891 0 1305535 1255 true true false DELOITTE CONSULTING LLP 650 SOUTH TRYON STREET CHARLOTTE NC 28202 CONSULTING SERVICES 20143500 DNA BRAND MECHANICS 1301 FITH AVE SUITE 2600 SEATTLE WA 98101 BRANDING & ADVERTISING 16504668 MASTERCARD INTERNATIONAL INC 2000 PURCHASE STREET PURCHASE NY 10577 FINANCIAL SERVICES 15975677 PSCU INCORPORATED 560 CARILON PKWY ST PETERSBURG FL 33716 ONLINE BANKING 15867119 FISERV INC 5325 S MOORLAND RD NEW BERLIN WI 53151 FINANCIAL SERVICES 13546918 1255 0 0 0 0 0 0 0 0 LOAN INTEREST INCOME 522291 912457234 912457234 0 0 FEE INCOME 522100 165968348 164892785 1075563 0 BROKER INCOME 525990 13737320 13737320 0 0 CONTRACT INCENTIVE INCOME 525990 12912225 12912225 0 0 OTHER PROGRAM REVENUE 523000 8573836 8323111 250725 0 1966765 1935918 30847 0 1115615728 403288600 0 0 403288600 0 0 0 0 0 0 0 0 340875 0 1552819 0 -1211944 0 -1211944 0 0 -1211944 609622775 10391131 588338137 11899129 21284638 -1507998 19776640 0 0 19776640 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CUSO INVESTMENTS 525990 512129 0 512129 0 0 0 0 0 0 0 0 0 0 0 0 0 512129 1537981153 1114258593 1869264 421853296 9008439 0 0 0 0 0 0 0 37893682 0 0 0 0 0 0 0 315203476 0 0 0 26312344 0 0 0 49213555 0 0 0 27270048 0 0 0 0 0 0 0 3458429 0 0 0 1904754 0 0 0 48000 0 0 0 0 0 1004896 0 0 0 52089268 0 0 0 38086652 0 0 0 25661873 0 0 0 68827398 0 0 0 0 0 0 0 22358287 0 0 0 3094082 0 0 0 0 0 0 0 1614819 0 0 0 342978347 0 0 0 0 0 0 0 34296776 0 0 0 1556085 0 0 0 PRODUCT COST & SERVICING 138477774 0 0 0 UBI TAX EXPENSE 1234623 0 0 0 PROVISION FOR LOAN LOSS 151765674 0 0 0 DUES & SUBSCRIPTIONS 894116 0 0 0 4627794 0 0 0 1358881191 0 0 0 0 0 0 0 148202592 129418738 2114581220 1942292047 0 0 231134 200909 4840615 4516586 0 0 16293510743 18405177945 0 0 31354244 35157320 319660619 179726010 164576182 139934609 62197880 716890295 8806305639 7860527759 15979159 16385877 0 0 1138864167 621387268 28780643575 29871889353 164645091 158683129 0 0 8529745 4895353 0 0 0 0 0 0 663650220 2486515878 0 0 25996126860 24929071823 26832951916 27579166183 X 0 0 0 0 1947691659 2292723170 1947691659 2292723170 28780643575 29871889353 179099962 198562183 0 0 0 -32630634 X false true X true false 36600 0 0 0 36600 0 36600 true AMY WALEN FOR STATE HOUSE PO BOX 853 REDMOND WA 98073 824989832 1200 0 APRIL FOR WASHINGTON 3911 W 27th Ave Ste 101 PMB 101 KENNEWICK WA 99337 874046423 600 0 BRYAN SANDLIN CAMPAIGN COMMITTEE PO BOX 1770 ZILLAH WA 98953 931498694 600 0 CAMPAIGN TO ELECT PAUL HARRIS 1916 SE 130TH AVE VANCOUVER WA 98683 272531536 600 0 CITIZENS FOR FRANK CHOPP 4209 SUNNYSIDE AVE NORTH SEATTLE WA 98103 320020852 600 0 CITIZENS FOR JUNE ROBINSON 616 WETMORE AVE EVERETT WA 98201 455346884 1200 0 CITIZENS FOR STEVE BERGQUIST PO BOX 2050 RENTON WA 98056 454489263 1200 0 COMMITTEE TO ELECT JACQUELIN MAYCUMBER PO BOX 945 REPUBLIC WA 99166 821133084 1200 0 COMMITTEE TO ELECT MATT BOEHNKE 6855 W CLEARWATER AVE SUITE 101 PMB KENNEWICK WA 99336 474567892 600 0 COMMITTEE TO ELECT STEPHANIE MCCLINTOCK 10013 NE Hazel Dell Ave PMB 276 VANCOUVER WA 98685 462908931 600 0 COMMITTEE TO RE-ELECT ED ORCUTT PO Box 1280 KALAMA WA 98625 900038949 600 0 ELECT MONICA STONIER 7817 NE 69TH ST VANCOUVER WA 98662 271504430 1200 0 FRIENDS FOR CINDY RYU PO BOX 33540 SEATTLE WA 98133 202771557 600 0 FRIENDS OF ANDY BILLIG PO Box 145 SPOKANE WA 99210 271127517 1200 0 FRIENDS OF APRIL BERG PO BOX 14893 MILL CREEK WA 98082 850659766 1200 0 FRIENDS OF BRANDY DONAGHY PO Box 12572 MILL CREEK WA 98082 834511285 600 0 FRIENDS OF CHIPALO STREET PO Box 9100 SEATTLE WA 98109 881942133 600 0 FRIENDS OF CHRIS CORRY PO BOX 1051 YAKIMA WA 98907 825239321 1200 0 FRIENDS OF CHRIS GILDON PO Box 71 PUYALLUP WA 98371 825179579 600 0 FRIENDS OF DEREK STANFORD PO Box 2041 BOTHELL WA 98041 272317624 1200 0 FRIENDS OF DREW STOKESBARY PO BOX 92 AUBURN WA 98071 465287065 1200 0 FRIENDS OF ERIC ROBERTSON PO Box 1561 SUMNER WA 98390 851080772 1200 0 FRIENDS OF JOE FITZGIBBON PO BOX 66235 BURIEN WA 98166 272265718 1200 0 FRIENDS OF LARRY SPRINGER 10536 NE 122ND ST KIRKLAND WA 98034 830382872 600 0 FRIENDS OF LAURIE JINKINS PO BOX 2032 TACOMA WA 98401 272214467 1200 0 FRIENDS OF LILLIAN ORTIZ-SELF PO BOX 581 MUKILTEO WA 98275 463819721 600 0 FRIENDS OF NICOLE MACRI PO BOX 9100 SEATTLE WA 98109 811159785 600 0 FRIENDS TO ELECT GREG CHENEY PO Box 981 BRUSH PRAIRIE WA 98606 881915527 600 0 FRIENDS TO ELECT KRISTINE REEVES PO Box 24153 FEDERAL WAY WA 98093 812277473 1200 0 FRIENDS TO ELECT LYNDA WILSON PO Box 820568 VANCOUVER WA 98682 464097009 1200 0 HACKNEY FOR THE 11TH PO BOX 10266 SEATTLE WA 98102 844680106 1200 0 HOUSE DEMOCRATIC CAMPAIGN COMMITTEE 4103 1ST AVE S STE D SEATTLE WA 98134 916178946 1200 0 HOUSE REPUBLICAN ORGANIZATIONAL COMMITTEE PO BOX 7222 OLYMPIA WA 98507 916177625 1200 0 MARK MULLET FOR GOVERNOR PO Box 2072 ISSAQUAH WA 98027 931498694 1200 0 PEOPLE FOR JOE NGUYEN PO BOX 23037 SEATTLE WA 98102 825037835 600 0 PERRY DOZIER FOR SENATE PO Box 3042 WALLA WALLA WA 99362 301211223 1200 0 SENATE REPUBLICAN CAMPAIGN COMMITTEE PO BOX 11025 OLYMPIA WA 98508 910987396 1200 0 VOTE BILL RAMOS 1420 NW Gilman Blvd 2268 ISSAQUAH WA 98027 823984405 600 0 WASHINGTON SENATE DEMOCRATIC CAMPAIGN 5628 AIRPORT WAY S STE 108 SEATTLE WA 98108 462614068 1200 0 Part I | PartandLinenumber:,Explanation:| Part1ALine1,IN 2023 BECU CONTRIBUTED PRIMARILY TO THE ELECTION CAMPAIGNS OF VARIOUS INDIVIDUALS RUNNING FOR WASHINGTON STATE-ELECTED POSITIONS.| 16222858 16222858 78830922 38239435 40591487 45095842 31614389 13481454 56811523 41994605 14816919 122699473 87877582 54821891 139934609 15828695 F INVESTMENT IN STOCK 121893300 C HELD TO MATURITY & AFS INVESTMENTS 7722805764 F 7860527759 SHARES AND DEPOSITS 24791963628 DIVIDENDS PAYABLE 15573270 OTHER LIABILITIES 70535096 OUTSTANDING CHECKS 50999829 24929071823 X 1571736271 32714427 1552819 34267246 1537469025 512128 512128 1537981153 1360434010 1552819 1552819 1358881191 0 1358881191 Part X, line 2 THE CREDIT UNION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1986; HOWEVER THE CREDIT UNIONS UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAX. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31 2023 OR 2022. ACCOUNTING PRICIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31 2023 OR 2022. Part XI, line 2d RENTAL EXPENSES: $1,552,819 Part XI, line 4b CUSO INVESTMENT INCOME: $512,129 Part XII, line 2d RENTAL EXPENSES: $1,552,819 true BECU FOUNDATION 12770 GATEWAY DRIVE SRSITY WAY NE TUKWILA WA 98168 911703337 501(c)(3) 2283772 330128 N A SHARED ADMINSTRATIVE SERVICES OPERATIONS FOR THE BECU FOUNDATION ADEFUA CULTURAL EDUCATION WORKSHOP 6716 RAINIER AVENUE S SEATTLE WA 98118 911641230 501(c)(3) 10000 0 N A N A DONATION ADVOCATES FOR IMMIGRANTS IN DETENTION NW 6445 S MONTGOMERY ST TACOMA WA 98405 271031009 501(c)(3) 15000 0 N A N A DONATION AFRICAN AMERICAN CREDIT UNION COALITION 6705 SUGARLOAF PARKWAY DULUTH GA 30097 571091138 501(c)(3) 140000 0 N A N A DONATION ALIMENTANDO al PUEBLO 15003 14TH AVENUE SW BURIEN WA 98166 863983808 501(c)(3) 5000 0 N A N A DONATION ALLIANCE FOR EDUCATION 509 OLIVE WAY 500 SEATTLE WA 98101 911508191 501(c)(3) 45000 0 N A N A DONATION AMERICAN ONLINE GIVING FOUNDATION INC 40 EAST MAIN ST STE 887 NEWARK DE 19711 810739440 501(c)(3) 960900 0 N A N A DONATION AMERICAS CREDIT UNION MUSEUM FOUNDATION 420 NOTRE DAME AVENUE MANCHESTER NH 03102 020472576 501(c)(3) 5000 0 N A N A DONATION ANEDEN GIVES 2828 27TH AVENUE W SEATTLE WA 98199 832624014 501(c)(3) 21427 0 N A N A DONATION ARCH Community Housing Trust Inc 160 2nd Street East Suite 217 Ketchum ID 83340 753167069 501(c)(3) 5000 0 N A N A DONATION ARLINGTON COMMUNITY FOOD BANK 19118 63rd Avenue NE ARLINGTON WA 98223 911445025 501(c)(3) 5000 0 N A N A DONATION ASSET FUNDERS NETWORK 2045 W GRAND AVE STE B50387 CHICAGO IL 60612 831215288 501(c)(3) 6000 0 N A N A DONATION ASSOCIATION OF WASHINGTON BUSINESS PO BOX 658 OLYMPIA WA 98507 910496803 501(c)(3) 5000 0 N A N A DONATION BALLARD FOOD BANK 1400 NW LEARY WAY SEATTLE WA 98107 911428805 501(c)(3) 5000 0 N A N A DONATION BELLEVUE COLLEGE FOUNDATION 3000 LANDERHOLM CIRCLE SE A101 BELLEVUE WA 98007 911051671 501(c)(3) 10000 0 N A N A DONATION BELLINGHAM FOOD BANK 1824 ELLIS STREET BELLINGHAM WA 98225 910918619 501(c)(3) 5000 0 N A N A DONATION BELLWETHER HOUSING 433 MINOR AVE N SEATTLE WA 98109 911116960 501(c)(3) 5000 0 N A N A DONATION BigBrothers BigSisters of the Lowcountry 3324 RIVERS AVENUE STE 101 NORTH CHARLESTON SC 29405 833554712 501(c)(3) 50000 0 N A N A DONATION BLACK COFFEE NORTHWEST GROUNDED 20068 15TH AVENUE SE SHORELINE WA 98155 853310755 501(c)(3) 20000 0 N A N A DONATION BONNEY LAKE FOOD BANK PO BOX 7521 BONNEY LAKE WA 98391 270270499 501(c)(3) 7500 0 N A N A DONATION BOYS AND GIRLS CLUB OF BELLEVUE 209 100TH AVE NE BELLEVUE WA 98004 910776451 501(c)(3) 5000 0 N A N A DONATION BREMERTON FOOD LINE 1600 12TH STREET BREMERTON WA 98337 911111086 501(c)(3) 5000 0 N A N A DONATION BRIDGE DISABILITY MINISTRIES 12356 NORTHRUP WAY STE 120 BELLEVUE WA 98005 911383241 501(c)(3) 15000 0 N A N A DONATION BUSINESS IMPACT NW 12720 GATEWAY DR S STE 207 TUKWILA WA 98168 911764008 501(c)(3) 233000 0 N A N A DONATION BUSINESSES ENDING SLAVERY & TRAFFICKING 1201 1ST AVENUE S STE 321 SEATTLE WA 98134 455046786 501(c)(3) 5000 0 N A N A DONATION CALLAHAN & ASSOCIATES INC 1001 Connecticut Avenue NW Ste 1001 WASHINGTON DC 20036 521401942 501(c)(3) 50000 0 N A N A DONATION CAMP READ-A-RAMA 12239 PALATINE AVENUE N SEATTLE WA 98133 830623728 501(c)(3) 21427 0 N A N A DONATION CARES OF WASHINGTON 1833 N 105TH STREET STE 202 SEATTLE WA 98133 134237286 501(c)(3) 30000 0 N A N A DONATION CARL MAXEY CENTER 3114 EAST 5TH AVENUE SPOKANE WA 99202 824396555 501(c)(3) 28527 0 N A N A DONATION CHRIST KITCHEN 2410 N MONROE SPOKANE WA 99205 473161138 501(c)(3) 10000 0 N A N A DONATION CLIFF AVRIL FAMILY FOUNDATION INC 2144 AUTUMN COVE CIRCLE FLEMING ISLAND FL 32003 465074297 501(c)(3) 5000 0 N A N A DONATION COCOON HOUSE 3530 COLBY AVENUE EVERETT WA 98201 911497667 501(c)(3) 10000 0 N A N A DONATION COLLEGE POSSIBLE 755 PRIOR AVENUE N STE 210 ST PAUL MN 55104 411968798 501(c)(3) 50000 0 N A N A DONATION COLLEGE SUCCESS FOUNDATION 15500 SE 30TH PLACE STE 200 BELLEVUE WA 98007 912036088 501(c)(3) 170000 0 N A N A DONATION Community Colleges of Spokane Foundation 501 N RIVERPOINT BLVD STE 203 SPOKANE WA 99202 910886962 501(c)(3) 10000 0 N A N A DONATION COMMUNITY ROOTS HOUSING FOUNDATION 1620 12TH AVENUE STE 205 SEATTLE WA 98122 271682190 501(c)(3) 6000 0 N A N A DONATION CWU FOUNDATION 400 E UNIVERSITY WAY ELLENSBURG WA 98926 237017467 501(c)(3) 10000 0 N A N A DONATION DELTA PSI SIGMA FOUNDATION PO BOX 88749 TUKWILA WA 98188 852862955 501(c)(3) 21427 0 N A N A DONATION DENKYEM SPC 241 WILLIAMS AVENUE S 2 RENTON WA 98057 833111620 501(c)(3) 100000 0 N A N A DONATION DOWNTON BELLINGHAM PARTNERSHIP 114 W MAGNOLIA ST STE 504 BELLINGHAM WA 98225 311762690 501(c)(3) 25000 0 N A N A DONATION DOWNTOWN SPOKANE PARTNERSHIP 818 W RIVERSIDE STE 120 SPOKANE WA 99201 911669474 501(c)(3) 30000 0 N A N A DONATION DUWAMISH RIVER COMMUNITY COALTION 7400 3RD AVENUE SOUTH SEATTLE WA 98108 204629856 501(c)(3) 5000 0 N A N A DONATION EASTERN WASHINGTON UNIVERSITY FOUNDATION 102 HARGREAVES HALL CHENEY WA 99004 911019819 501(c)(3) 25000 0 N A N A DONATION Edmonds College Foundation 20000 68TH AVENUE W LYNNWOOD WA 98036 911186554 501(c)(3) 5000 0 N A N A DONATION EL CENTRO DE LA RAZA 2524 16TH AVE SOUTH SEATTLE WA 98144 910899927 501(c)(3) 5000 0 N A N A DONATION EMMAS EXCEPTIONAL EQUIPMENT EXCHANGE 918 SW 360TH STREET FEDERAL WAY WA 98023 882040322 501(c)(3) 40000 0 N A N A DONATION EMPOWER YOUTH NETWORK PO BOX 910 31951 E BIRD ST CARNATION WA 98014 464274413 501(c)(3) 15000 0 N A N A DONATION ENTRE HERMANOS 1621 S JACKSON ST STE 202 SEATTLE WA 98144 311775429 501(c)(3) 10000 0 N A N A DONATION FAMILY FIRST COMMUNITY CENTER FOUNDATION 16200 116TH AVENUE SE RENTON WA 98058 831031937 501(c)(3) 100000 0 N A N A DONATION FAMILY PROMISE OF SPOKANE 2002 E MISSION AVENUE SPOKANE WA 99202 911707988 501(c)(3) 6000 0 N A N A DONATION FARESTART 700 VIRGINIA STREET SEATTLE WA 98101 911546757 501(c)(3) 75000 0 N A N A DONATION FEAST COLLECTIVE 1321 W 3RD AVENUE SPOKANE WA 99201 842487545 501(c)(3) 10000 0 N A N A DONATION FEEDING FEASIBLE FEASTS 1509 97TH AVENUE CT E EDGEWOOD WA 98371 853289326 501(c)(3) 75000 0 N A N A DONATION FILIPINO COMMUNITY OF SEATTLE 5740 ML KING JR WAY SOUTH SEATTLE WA 98118 916055858 501(c)(3) 30000 0 N A N A DONATION FINANCIAL BEGINNINGS WASHINGTON PO BOX 58032 TUKWILA WA 98138 814631680 501(c)(3) 10000 0 N A N A DONATION FINANCIAL EMPOWERMENT NETWORK 12819 SE 38TH ST 304 BELLEVUE WA 98006 822691437 501(c)(3) 5000 0 N A N A DONATION FOOD LIFELINE 815 S 96TH STREET SEATTLE WA 98108 911090450 501(c)(3) 25000 0 N A N A DONATION FOR THE PEOPLE 300 QUEEN ANNE AVE N 708 SEATTLE WA 98109 371897766 501(c)(3) 15000 0 N A N A DONATION FREEDOM CHURCH OF SEATTLE 7817 S 125TH STREET SEATTLE WA 98178 911819218 501(c)(3) 100000 0 N A N A DONATION FRIENDS OF KEXP 472 1ST AVENUE N SEATTLE WA 98109 912061474 501(c)(3) 463386 0 N A N A DONATION GENDER JUSTICE LEAGUE 1122 E PIKE STREET 969 SEATTLE WA 98122 473399375 501(c)(3) 10000 0 N A N A DONATION GENERATION ALIVE 418 W SHARP AVENUE SPOKANE WA 99201 562598004 501(c)(3) 15000 0 N A N A DONATION GIRL SCOUTS OF WESTERN WASHINGTON 5601 6TH AVE S STE 150 SEATTLE WA 98108 916060940 501(c)(3) 5000 0 N A N A DONATION GIVING BACK PACKS SPOKANE 5428 S REGAL ST UNIT 30321 SPOKANE WA 99223 832160752 501(c)(3) 10000 0 N A N A DONATION GLACIER PEAK INSTITUTE 1405 EMENS AVENUE N DARRINGTON WA 98241 812374247 501(c)(3) 5000 0 N A N A DONATION GOWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 910460483 501(c)(3) 6000 0 N A N A DONATION GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 911649328 501(c)(3) 62418 0 N A N A DONATION GSBA SCHOLARSHIP FUND 400 E PINE STREET 322 SEATTLE WA 98122 943138514 501(c)(3) 10000 0 N A N A DONATION HABITAT FOR HUMANITY SEATTLE-KING COUNTY 500 NACHES AVE SW STE 200 RENTON WA 98057 911342397 501(c)(3) 50000 0 N A N A DONATION HEDGEBROOK FOUNDATION 2197 MILLMAN ROAD LANGLEY WA 98260 800012629 501(c)(3) 5000 0 N A N A DONATION HELPING HANDS FOOD BANK 9836 FRUITDALE ROAD SEDRO WOOLLEY WA 98284 911203572 501(c)(3) 5000 0 N A N A DONATION HIGHLINE COLLEGE FOUNDATION 2400 S 240TH ST MS CV3 DES MOINES WA 98198 237428279 501(c)(3) 10000 0 N A N A DONATION HIGHLINE HIGH SCHOOL ALUMNI FOUNDATION PO BOX 66647 BURIEN WA 98166 911667582 501(c)(3) 6000 0 N A N A DONATION Hispanic Business & Professional Assoc 1214 E SPRAGUE SPOKANE WA 99202 743200153 501(c)(3) 10000 0 N A N A DONATION HOPESOURCE 606 W 3RD AVENUE ELLENSBURG WA 98926 910814544 501(c)(3) 10000 0 N A N A DONATION HOUSING CONNECTOR 1301 5TH AVENUE STE 1500 SEATTLE WA 98101 842100263 501(c)(3) 10000 0 N A N A DONATION Housing Dev Consortium of Seattle-King 1326 FIFTH AVENUE STE 230 SEATTLE WA 98101 943073588 501(c)(3) 10000 0 N A N A DONATION HOUSING HOPE 5830 EVERGREEN WAY EVERETT WA 98203 943060709 501(c)(3) 67500 0 N A N A DONATION INTERIM CDA 310 MAYNARD AVENUE S SEATTLE WA 98104 911071277 501(c)(3) 5000 0 N A N A DONATION ISSAQUAH FOOD & CLOTHING BANK 179 1ST AVENUE 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50000 0 N A N A DONATION OPERATION HOMEFRONT INC 17319 SAN PEDRO AVE STE 505 SAN ANTONIO TX 78232 320033325 501(c)(3) 10000 0 N A N A DONATION OSPI-FEPPP PO BOX 47200 OLYMPIA WA 98504 916001112 501(c)(3) 5000 0 N A N A DONATION PFLAG SKAGIT 1777 S BURLINGTON BLVD 200 BURLINGTON WA 98233 912124744 501(c)(3) 30000 0 N A N A DONATION PLYMOUTH HOUSING GROUP 2113 THIRD AVENUE SEATTLE WA 98121 911122621 501(c)(3) 40000 0 N A N A DONATION PONGO POETRY PROJECT 130 2ND AVENUE N 3068 EDMONDS WA 98020 912114772 501(c)(3) 15000 0 N A N A DONATION RAINBOW CENTER 2215 PACIFIC AVENUE TACOMA WA 98402 911859897 501(c)(3) 12500 0 N A N A DONATION REAL CHANGE HOMELESS EMPOWERMENT PROJECT 219 1ST AVENUE S STE 220 SEATTLE WA 98104 911817387 501(c)(3) 15000 0 N A N A DONATION RECLAIM 3815 S OTHELLO ST STE 100 SEATTLE WA 98118 203469787 501(c)(3) 15000 0 N A N A DONATION REFUGEE ARTISAN INITIATIVE 12337 LAKE CITY WAY NE SEATTLE WA 98125 820961407 501(c)(3) 5000 0 N A N A DONATION RENTON REGIONAL COMMUNITY FOUNDATION PO BOX 820 RENTON WA 98057 237069988 501(c)(3) 47500 0 N A N A DONATION RIVERTON PARK UNITED METHODIST CHURCH 3118 S 140TH STREET TUKWILA WA 98168 910845808 501(c)(3) 5000 0 N A N A DONATION SCORE GREATER SEATTLE 2401 4TH AVENUE STE 450 SEATTLE WA 98121 521067290 501(c)(3) 15000 0 N A N A DONATION SEATTLE COLLEGES FOUNDATION 1500 HARVARD AVENUE SEATTLE WA 98122 830551671 501(c)(3) 175000 0 N A N A DONATION SEATTLE FOUNDATION 1601 FIFTH AVE STE 1900 SEATTLE WA 98101 916013536 501(c)(3) 300000 0 N A N A DONATION SEATTLE GOOD BUSINESS NETWORK 1143 MARTIN LUTHER KING JR WAY 77 SEATTLE WA 98122 272172486 501(c)(3) 55000 0 N A N A DONATION SEATTLE UNIVERSAL MATH MUSEUM 5912 83RD PLACE SE MERCER ISLAND WA 98040 842800368 501(c)(3) 15000 0 N A N A DONATION SEATTLE UNIVERSITY PO BOX 222000 SEATTLE WA 98122 910565006 501(c)(3) 5000 0 N A N A DONATION SECOND HARVEST INLAND NORTHWEST 1234 E FRONT AVENUE SPOKANE WA 99202 237173826 501(c)(3) 10000 0 N A N A DONATION SHADES OF DIVINITY 1712 6TH AVENUE STE 100 TACOMA WA 98405 921698988 501(c)(3) 21427 0 N A N A DONATION SHUNPIKE 815 SEATTLE BLVD S STE 215 SEATTLE WA 98134 912138554 501(c)(3) 21427 0 N A N A DONATION SKAGIT VALLEY COLLEGE FOUNDATION 2405 EAST COLLEGE WAY MOUNT VERNON WA 98273 911012915 501(c)(3) 5000 0 N A N A DONATION SOUTH SOUND OUTREACH SERVICES 1106 MARTIN LUTHER KING JR WAY TACOMA WA 98405 911741624 501(c)(3) 15000 0 N A N A DONATION SPOKANE NEIGHBORHOOD ACTION PARTNERS 3102 W WHISTALKS WAY SPOKANE WA 99224 911311127 501(c)(3) 129434 0 N A N A DONATION STANWOOD CAMANO FOOD BANK SERVICES 27030 102ND AVE NW PO BOX 1285 STANWOOD WA 98292 911155426 501(c)(3) 15000 0 N A N A DONATION STEP BY STEP FAMILY SUPPORT CENTER PO BOX 488 MILTON WA 98354 911871945 501(c)(3) 10000 0 N A N A DONATION Susan Evelyn Mitchell Foundation 1256 Denver Street BOULDER CITY NV 89005 880241420 501(c)(3) 25000 0 N A N A DONATION SUSTAINABLE CONNECTIONS 1701 ELLIS STREET STE 221 BELLINGHAM WA 98225 753041952 501(c)(3) 5000 0 N A N A DONATION TACOMA COMMUNITY COLLEGE FOUNDATION 6501 S 19TH STREET BLDG 6 TACOMA WA 98466 916073780 501(c)(3) 5000 0 N A N A DONATION TACOMA OPERA ASSOCIATION 1720 S 7TH STREET STE 104 105 TACOMA WA 98405 911237511 501(c)(3) 10000 0 N A N A DONATION TACOMA URBAN LEAGUE 2550 S YAKIMA AVENUE UNIT A TACOMA WA 98405 910826302 501(c)(3) 10000 0 N A N A DONATION TARRANT AREA FOOD BANK 2525 CULLEN STREET FORT WORTH TX 76107 751822473 501(c)(3) 11071 0 N A N A DONATION TASVEER 1826 247TH PLACE NE REDMOND WA 98074 200886886 501(c)(3) 10000 0 N A N A DONATION THE 234 PROJECT FOUNDATION 914 COPPER LAKE ROAD CEDAR PARK TX 78613 823840573 501(c)(3) 5000 0 N A N A DONATION THE BE PROJECT 5218 S BRIGHTON STREET SEATTLE WA 98118 870840474 501(c)(3) 5000 0 N A N A DONATION THE BRIDGE MUSIC PROJECT 120 STATE AVENUE 1417 OLYMPIA WA 98501 821633999 501(c)(3) 15000 0 N A N A DONATION THE EVERGREEN STATE COLLEGE FOUNDATION 2700 EVERGREEN PKWY NW OLYMPIA WA 98505 910981488 501(c)(3) 10000 0 N A N A DONATION UMOJA PEACE CENTER PO BOX 22328 SEATTLE WA 98122 463934123 501(c)(3) 5000 0 N A N A DONATION UNEMPLOYMENT LAW PROJECT 1904 3RD AVENUE STE 604 SEATTLE WA 98101 911505747 501(c)(3) 15000 0 N A N A DONATION UNITED WAY OF PIERCE COUNTY 1501 PACIFIC AVENUE 4TH FLR TACOMA WA 98402 910650669 501(c)(3) 20000 0 N A N A DONATION University of Washington 1410 NE CAMPUS PKWY SEATTLE WA 98195 916001537 501(c)(3) 95000 0 N A N A DONATION UPLIFT NORTHWEST 2515 WESTERN AVENUE SEATTLE WA 98121 910607513 501(c)(3) 5000 0 N A N A DONATION URBAN ARTWORKS 815 SEATTLE BLVD S STE B7 SEATTLE WA 98134 911939910 501(c)(3) 15000 0 N A N A DONATION URBAN LEAGUE OF METROPOLITAN SEATTLE 105 14TH AVENUE STE 200 SEATTLE WA 98122 910575954 501(c)(3) 7500 0 N A N A DONATION VENTURES 2100 24TH AVE S 380 SEATTLE WA 98144 911704028 501(c)(3) 7500 0 N A N A DONATION WASHINGTON HOME BUILDERS FOUNDATION 300 DESCHUTES WAY SW STE 300 TUMWATER WA 98501 460667648 501(c)(3) 5000 0 N A N A DONATION WASHINGTON WEST AFRICAN CENTER 3909 164TH ST SW STE 201 LYNNWOOD WA 98087 815319066 501(c)(3) 5000 0 N A N A DONATION WASHINGTON WOMEN IN NEED 232 5TH AVENUE S STE 201 KIRKLAND WA 98033 911559848 501(c)(3) 10000 0 N A N A DONATION WHATCOM CENTER FOR EARLY LEARNING 2001 H STREET BELLINGHAM WA 98225 911526226 501(c)(3) 15000 0 N A N A DONATION WHITE CENTER FOOD BANK 126 SW 148TH ST STE C100 BOX 97 SEATTLE WA 98166 911167830 501(c)(3) 20000 0 N A N A DONATION WILLAMETTE UNIVERSITY 900 STATE STREET SALEM OR 97301 930386972 501(c)(3) 5000 0 N A N A DONATION Worldwide Foundation for Credit Unions 5710 Mineral Point Road MADISON WI 53705 396093210 501(c)(3) 25000 0 N A N A DONATION WSU FOUNDATION 411 E Spokane Falls Blvd SPOKANE WA 99202 911075542 501(c)(3) 325000 0 N A N A DONATION YEAR UP INC 45 MILK STREET 9TH FLR BOSTON MA 02109 043534407 501(c)(3) 20000 0 N A N A DONATION YOUNG WOMEN EMPOWERED 5623 RAINIER AVENUE S SEATTLE WA 98118 472230647 501(c)(3) 10000 0 N A N A DONATION YOUR MONEY MATTERS 12113 SE 304TH CT AUBURN WA 98092 823618832 501(c)(3) 50000 0 N A N A DONATION YOUTHCARE 2500 NE 54TH STREET SEATTLE WA 98105 910917079 501(c)(3) 20000 0 N A N A DONATION ZEBRAS UNITE 4207 SE WOODSTOCK BLVD 486 PORTLAND OR 97206 830996530 501(c)(3) 10000 0 N A N A DONATION ZIA LARSONS RAY OF LIGHT FOUNDATION 1425 BROADWAY UNIT 225 SEATTLE WA 98122 820892804 501(c)(3) 21427 0 N A N A DONATION 350 SEATTLE 5031 UNIVERSITY WAY NE SEATTLE WA 98105 464201865 501(c)(3) 15000 0 N A N A DONATION EXPRESS CREDIT UNION 1930 6TH AVE S SEATTLE WA 98134 910573334 501(c)(14) 592818 0 N A N A SUPPORT 166 1 Part I Line 2 BECU MONITORS THE USE OF GRANTS IN THE U.S. BY ASKING EACH OF OUR NON-PROFIT GRANT OR DONATION RECIPIENTS TO PROVIDE PERIODIC UPDATES AND RANDOMLY CONDUCT ON-SITE VISITS OF GRANT RECIPIENTS. BECU GIFT MATCHING GUIDELINES REQUIRE THE DONEE ORGANIZATION OT PROVIDE PROOF OF RECEIPT OF FUNDS AND THEIR FEDERAL TAX IDENTIFICATION NUMBER. X X true true X X X X X true true false John Benson Porter Former President CEO 755050 0 861148 0 737932 0 4215 0 213 0 2358558 0 0 0 Beverly Anderson President CEO 747111 0 500000 0 248678 0 159234 0 13915 0 1668938 0 0 0 Melba Bartels EVP Chief Financial Officer 576910 0 845481 0 242316 0 72182 0 25100 0 1761989 0 0 0 Drew Wolff EVP Chief Financial Officer 85000 0 200000 0 0 0 0 0 0 0 285000 0 0 0 Mike Ryan EVP Chief Legal Officer and General Counsel 362495 0 208988 0 1473 0 47541 0 23650 0 644147 0 0 0 Shawna Thompson EVP Head of Operations 247668 0 95968 0 16333 0 42183 0 30092 0 432244 0 0 0 Michael Scott Strand EVP Chief Operating Officer 541268 0 792552 0 121513 0 48604 0 25713 0 1529650 0 0 0 John Stewart EVP Chief Risk Officer 421728 0 400559 0 17702 0 98114 0 24887 0 962990 0 0 0 Nathan Ramachandran EVP Chief Technology Officer 211422 0 200000 0 2810 0 5458 0 7179 0 426869 0 0 0 Douglas Marshall EVP Chief Product & Digital Officer 373465 0 363608 0 19513 0 51288 0 21777 0 829651 0 0 0 Jason Rudman EVP Chief Membership Experience Officer 59957 0 0 0 29771 0 505 0 2190 0 92423 0 0 0 Raquel Karls EVP Chief People Officer 60507 0 200000 0 368 0 1592 0 4852 0 267319 0 0 0 Beth Hale EVP Chief Consumer and Business Solutions Officer 31850 0 200000 0 344 0 0 0 1798 0 233992 0 0 0 Rick Eiel EVP Chief Data and Analytics Officer 414853 0 350000 0 92624 0 12058 0 21951 0 891486 0 0 0 Thomas Berquist EVP Chief Marketing Officer 348091 0 344198 0 1630558 0 10129 0 22949 0 2355925 0 0 0 Melanie Walsh EVP Chief Administrative Officer 359920 0 372879 0 1701486 0 11457 0 24675 0 2470417 0 0 0 Fumbi Chima EVP Chief Technology & Transformation Officer 654011 0 634671 0 3223044 0 9221 0 27902 0 4548849 0 246844 0 Dana Gray SVP Commercial and Business Services 357104 0 276616 0 8976 0 63505 0 24650 0 730851 0 0 0 Lisa Grove SVP Chief Audit Executive 289604 0 140422 0 6475 0 60675 0 28864 0 526040 0 0 0 Paul Hutchison SVP Tech Business Solutions 384683 0 185361 0 4207 0 84405 0 29899 0 688555 0 0 0 Sean Murphy SVP Chief Information Security Officer 447537 0 211681 0 4937 0 66181 0 4148 0 734484 0 0 0 Lisa Holley Sr Mortgage Advisor - Primary Market 71261 0 1255096 0 72 0 11250 0 9577 0 1347256 0 0 0 Linnea Wexler Sr Commercial Relationship Manager II 154751 0 539198 0 1186 0 34134 0 35624 0 764893 0 0 0 Part II Line 1 | Name :, Title:, Item Selected:, Description:| ALL, Compensation expenses have increased due to recent changes in leadership which included several retirements with exit packages and deferred compensation benefits as well as the overlapping transition period for incoming new leaders.| Part I Line 4a | Name :, Amount:| Severance compensation, 1701753| Part I Line 4b | Name :, Title:, Item Selected:, Amount:| Executive retirement compensation, 5857652| Part VI, Line 6 BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATE OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS. AT ALL MEETINGS EACH MEMBER WITH ONE OR MORE FULLY PAID SHARES WILL HAVE ONE VOTE SUBJECT TO CERTAIN CONDITIONS. Part VI, Line 7a BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS AND WHO MAINTAIN A SHARE ACCOUNT WITH A MINIMUM BALANCE AS SET BY BECU. AT ALL MEETINGS EACH MEMBER HAS ONE VOTE SUBJECT TO CERTAIN CONDITIONS. Part VI, Line 7b BOARD APPROVAL OF A MERGER IS SUBJECT TO APPROVAL BY OUR MEMBERS. Part VI, Line 11b DIRECTOR OF FINANICAL REPORTING POLICY & TAX; SENIOR VICE PRESIDENT OF ACCOUNTING; EXECUTIVE VICE PRESIDENT GENERAL COUNSEL; VICE PRESIDENT OF HUMAN RESOURCES; AND VICE PRESIDENT OF GOVERNMENT RELATIONS REVIEW FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER BEFORE IT IS FILED FOR INFORMATIONAL PURPOSES. Part VI, Line 12c ALL DIRECTORS AUDIT COMMITTEE MEMBERS OFFICERS AND KEY EMPLOYEES ARE SUBJECT TO THE BOARD-APPROVED CONFLICTS OF INTEREST TRANSACTIONS POLICY WHICH REQUIRES ANNUAL CERTIFICATION THAT EACH INDIVIDUAL HAS REVIEWED THE POLICY AND HAS MADE ALL REQUIRED DISCLOSURES. THE LEGAL DEPARTMENT TRACKS COMPLIANCE WITH THE ANNUAL CERTIFICATION REQUIREMENT. Part VI, Line 15 In establishing President CEO and Executive Vice President EVP compensation BECU considers the competitive landscape including without limitation the financial services industry credit union peers and relevant regional markets. Recognizing BECUs size scope talent marketplace and cooperative nature BECU targets market competitive EVP compensation that emphasizes pay-for-performance. Annually and subject to BECU Board approval the BECU Compensation Committee approves President CEO compensation and benefits. Annually and under delegated authority from the BECU Board the BECU Compensation Committee approves EVPs compensation and benefits. These approvals reflect as needed the advice of an independent compensation consultant and use a variety of industry survey sources. The last compensation review was conducted in 2023. Part VI, Line 19 BECUS BYLAWS CORPORATE GOVERNANCE OVERVIEW AND FINANCIAL DATA ARE POSTED AND AVAILABLE TO THE PUBLIC ON THE BECU.ORG WEBSITE. BECUS FINANCIAL DATA IS ALSO AVAILABLE TO THE PUBLIC VIA THE NCUA WEBSITE. Part XI, Line 9 | Description:, Explanation:, Amount:| OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS, OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS, $8434384| ASSET IMPAIRMENT, ASSET IMPAIRMENT, $-3784546| ADOPTION OF CECL ACCOUNTING STANDARD, ADOPTION OF CECL ACCOUNTING STANDARD, $-36768343| ELIMINATION OF CUSO INVESTMENT FROM NET ASSET, ELIMINATION OF CUSO INVESTMENT FROM NET ASSET, $-512129| Part VII General | Explanation:| Compensation expenses have increased due to recent changes in leadership which included several retirements with exit packages and deferred compensation benefits as well as the overlapping transition period for incoming new leaders. EMPLOYEE BENEFIT FUNDING TRUST 14025 Riveredge Drive Suite 280 Tampa FL 33637 470924028 EMPLOYEE MEDICAL & PAID TIME-OFF BENEFIT OBLIGATIONS WA 30537637 546402927 BECU BECU Foundation 12770 Gateway Dr S Tukwila WA 98168 911703337 SCHOLARSHIPS & COMMUNITY GIVING WA 501(C)(3) PF N/A false false true false false false false false false false false false true false true true false false false false N A