CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0219435)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-15
- IRS object ID
- 201442279349304979
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-08-15T15:14:52-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910219435 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREDIT UNIONS IN THE STATE OF WASHINGTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRED | BusinessNameControlTxt |
| Phone | 2064395700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 97050 | AddressLine1 |
| City | Seattle | City |
| State | WA | State |
| ZIP Code | 98124 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Shawn Mulqueeney | PersonNm |
| Person Title | Controller | PersonTitleTxt |
| Phone | 2064395068 | PhoneNum |
| Signature | 2014-08-15 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Boeing Employees' Credit Union | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Katherine Elser | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12770 Gateway Dr | AddressLine1 |
| City | Tukwila | City |
| State | WA | State |
| ZIP Code | 98168 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $529,295,862 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.becu.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1935 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | 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. BECU is dedicated to the philosophy of "people helping people" and will strive to serve its members by providing superior financial products and services. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 1455 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $1,520,213 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $887,420 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $516,261,333 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $496,415,637 | CYProgramServiceRevenueAmt |
| PY Investment Income | $30,203,713 | PYInvestmentIncomeAmt |
| CY Investment Income | $32,366,772 | CYInvestmentIncomeAmt |
| PY Other Revenue | $119,015 | PYOtherRevenueAmt |
| CY Other Revenue | $229,908 | CYOtherRevenueAmt |
| PY Total Revenue | $546,584,061 | PYTotalRevenueAmt |
| CY Total Revenue | $529,012,317 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,684,849 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,471,791 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $92,762,235 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $98,525,907 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $310,793,611 | PYOtherExpensesAmt |
| CY Other Expenses | $219,579,515 | CYOtherExpensesAmt |
| PY Total Expenses | $405,240,695 | PYTotalExpensesAmt |
| CY Total Expenses | $319,577,213 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $141,343,366 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $209,435,104 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,094,203,476 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,933,480,219 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,175,253,253 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,793,499,358 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $918,950,223 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,139,980,861 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. BECU is dedicated to the philosophy of "people helping people" and will strive to serve its members by providing superior financial products and services. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Total 843,440 members; 83,153 new members for 2013; 103,255 loans originated totaling $5,014,638,000 | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 178 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1455 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | 0 | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Katherine Elser | PersonNm |
| Phone | 2064395700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12770 Gateway Drive | AddressLine1 |
| City | Tukwila | City |
| State | WA | State |
| ZIP Code | 98168 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Desiree Serr | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Sweeney | ||||||||||
| Board of Directors Chairperson | 7 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Brian Abeel | ||||||||||
| Board of Directors & Chair of Supervisory Committee Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michelle Eten | ||||||||||
| Board of Directors & Supervisory Committee Member | 6.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Porsche Everson | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Denis Farmer | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Robin Krueger | ||||||||||
| Board of Directors & Supervisory Committee Member | 6.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Roger Mauldin | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jim Wadhwani | ||||||||||
| Board of Directors Member & Supervisory Committee Member | 6.5 | Yes (X) | $0 | $0 | $0 | |||||
| David Yonce | ||||||||||
| Board of Directors Vice Chairperson | 6.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Parker Cann | ||||||||||
| SVP/General Counsel/Corporate Secretary | 40 | 0 | Yes (X) | $461,870 | $0 | $21,471 | Yes (X) | |||
| Katherine Elser | ||||||||||
| CFO/SVP Finance & Admin/Corporate Treasurer | 40 | 0 | Yes (X) | $399,103 | $0 | $20,601 | Yes (X) | |||
| John Porter | ||||||||||
| CEO/President | 40 | 0 | $803,166 | $0 | $26,505 | Yes (X) | ||||
| Weldon Leonardson | ||||||||||
| CIO/SVP of Information Technology | 40 | 0 | $419,136 | $0 | $20,273 | Yes (X) | ||||
| Michael Strand | ||||||||||
| SVP of Member Operations | 40 | 0 | $399,004 | $0 | $17,142 | Yes (X) | ||||
| Tom Berquist | ||||||||||
| SVP of Member Strategies | 40 | 0 | $371,251 | $0 | $20,482 | Yes (X) | ||||
| Grace Semingsen | ||||||||||
| SVP of Member Solutions | 40 | 0 | $663,850 | $0 | $22,992 | Yes (X) | ||||
| Anne Shannon | ||||||||||
| SVP Human Resources | 40 | 0 | $352,286 | $0 | $22,068 | Yes (X) | ||||
| Michael Quamma | ||||||||||
| VP Treasury | 40 | 0 | $265,362 | $0 | $20,051 | Yes (X) | ||||
| Jesse Douglas | ||||||||||
| VP Program Management | 40 | 0 | $238,027 | $0 | $15,204 | Yes (X) | ||||
| Carolyn Cereghino | ||||||||||
| VP BECU Investment Services | 40 | 0 | $233,234 | $0 | $17,553 | Yes (X) | ||||
| Stephen Black | ||||||||||
| VP of Marketing & Community Affairs | 40 | 0 | $232,121 | $0 | $16,161 | Yes (X) | ||||
| Gregg Kats | ||||||||||
| VP of Facilities & Risk Management | 40 | 0 | $221,385 | $0 | $20,187 | Yes (X) | ||||
| Kyle Welsh | ||||||||||
| VP Technology Services | 40 | 0 | $221,186 | $0 | $18,118 | Yes (X) | ||||
| Anastasia Wyss-Schoenborn | ||||||||||
| VP Member Solutions | 40 | 0 | $223,885 | $0 | $19,903 | Yes (X) | ||||
| Melanie Walsh | ||||||||||
| VP Member Care | 40 | 0 | $225,916 | $0 | $15,161 | Yes (X) | ||||
| Susan Kydd | ||||||||||
| VP/Chief Audit Executive | 40 | 0 | $215,683 | $0 | $15,340 | Yes (X) | ||||
| Shawn Mulqueeney | ||||||||||
| VP/Controller | 40 | 0 | $226,557 | $0 | $29,129 | Yes (X) | ||||
| Howard Wu | ||||||||||
| VP Virtual Banking | 40 | 0 | $200,930 | $0 | $21,852 | Yes (X) | ||||
| Carol Friend | ||||||||||
| VP Portfolio Management | 40 | 0 | $221,108 | $0 | $14,453 | Yes (X) | ||||
| Angela Ursino | ||||||||||
| VP Talent Management | 40 | 0 | $205,666 | $0 | $21,918 | Yes (X) | ||||
| Robert Stroup | ||||||||||
| VP Member Strategies | 40 | 0 | $187,120 | $0 | $15,625 | Yes (X) | ||||
| William Taylor | ||||||||||
| Director/Associate General Counsel | 40 | 0 | $234,871 | $0 | $19,253 | Yes (X) | ||||
| Brian Locke | ||||||||||
| Financial Advisor | 40 | 0 | $202,379 | $0 | $16,083 | Yes (X) | ||||
| Todd Crawford | ||||||||||
| Financial Advisor | 40 | 0 | $190,124 | $0 | $13,861 | Yes (X) | ||||
| Gary Oakland | ||||||||||
| Former President/CEO | 0 | 0 | $306,360 | $0 | $0 | Yes (X) | ||||
| Debra Somberg | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bill Longbrake | ||||||||||
| Board of Directors Member | 6 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Douglas Marshall | ||||||||||
| SVP Digital Product Management | 40 | 0 | $296,526 | $0 | $6,537 | Yes (X) | ||||
| Mark Thompson | ||||||||||
| VP Compliance | 40 | 0 | $228,480 | $0 | $18,707 | Yes (X) | ||||
| Pamela O'Conner | ||||||||||
| VP Total Rewards | 40 | 0 | $210,515 | $0 | $17,879 | Yes (X) | ||||
| Boyd Vanderleest | ||||||||||
| VP Lending | 40 | 0 | $206,298 | $0 | $14,672 | Yes (X) | ||||
| Michael Rackner | ||||||||||
| Director/Investment Services Sales | 40 | 0 | $193,755 | $0 | $19,798 | Yes (X) | ||||
| Dana Gray | ||||||||||
| VP Business Services | 40 | 0 | $181,353 | $0 | $14,822 | Yes (X) | ||||
| Jaime Suarez | ||||||||||
| Financial Advisor | 40 | 0 | $176,773 | $0 | $15,162 | Yes (X) | ||||
| Linda Davenport | ||||||||||
| VP Trust Services | 40 | 0 | $86,068 | $130,683 | $18,450 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,501,348 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $130,683 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $607,413 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 194 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | Address Line2ContractorAddress/USAddress/AddressLine2 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| DNA Brand Mechanics | ||||||
| 1932 1st Avenue | Suite 711 | Seattle | WA | 98101 | Branding & Advertising | $6,109,651 |
| Prime Valuation Services LLC | ||||||
| PO Box 190 | Hopkins | MN | 55343 | Residential Property Evaluations | $1,282,221 | |
| K&L Gates LLP | ||||||
| 925 Fourth Avenue | Suite 2900 | Seattle | WA | 98104 | Legal services | $862,733 |
| Toolcase LLC | ||||||
| 5300 DTC Pkwy | Suite 450 | Greenwood Village | CO | 80111 | Fraud Monitoring & Detection and BSA Compliance | $608,588 |
| IMG College LLC | ||||||
| 540 N Trade St | Winston Salem | NC | 27101 | Sponsorship Marketing | $561,540 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Loan Interest Income | 522130 | $326,299,864 | $326,299,864 | $0 | $0 |
| Fee Income | 522130 | $108,723,540 | $107,584,379 | $1,139,161 | $0 |
| Broker Income | 523000 | $5,152,460 | $5,152,460 | $0 | $0 |
| Credit Life Insurance & AD&D Insurance | 524298 | $1,926,205 | $1,926,205 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,313,568 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,190,803 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $122,765 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $496,415,637 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,366,772 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $32,366,772 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $203,408 | RealAmt |
| Personal | $33,946 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $231,787 | RealAmt |
| Personal | $51,758 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$28,379 | RealAmt |
| Personal | -$17,812 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$46,191 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$28,379 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$17,812 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CUSO Investments | Desc |
| Business | 900003 | BusinessCd |
| Total Revenue Column | $276,099 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $276,099 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $276,099 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $529,012,317 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $495,125,332 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,520,213 | UnrelatedBusinessRevenueAmt |
| Exclusion | $32,366,772 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,471,791 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,098,364 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,122,145 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,652,818 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,688,060 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,964,520 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $926,223 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,047,555 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,823,883 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,457,571 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,359,757 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,581,821 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,313,471 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $987,170 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,712 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,994,717 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,509,193 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,214 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Provision for Loan Loss | $6,533,959 |
| Product Cost & Servicing | $58,782,701 |
| TCCUSF Assessment | $7,982,493 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,847,075 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,577,213 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,777,542 | BOYAmt |
| EOY | $177,684,706 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $586,602,737 | BOYAmt |
| EOY | $1,023,277,075 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,002,225,150 | BOYAmt |
| EOY | $7,374,730,621 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,797,025 | BOYAmt |
| EOY | $12,578,419 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $208,168,675 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $152,376,068 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,500,534 | BOYAmt |
| EOY | $55,792,607 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,013,715,994 | BOYAmt |
| EOY | $2,788,814,271 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,048,758 | BOYAmt |
| EOY | $25,978,790 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,535,736 | BOYAmt |
| EOY | $474,623,730 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,094,203,476 | BOYAmt |
| EOY | $11,933,480,219 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,592,453 | BOYAmt |
| EOY | $116,212,311 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $25,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,062,660,800 | BOYAmt |
| EOY | $10,652,287,047 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,175,253,253 | BOYAmt |
| EOY | $10,793,499,358 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $918,950,223 | BOYAmt |
| EOY | $1,139,980,861 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $918,950,223 | BOYAmt |
| EOY | $1,139,980,861 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,094,203,476 | BOYAmt |
| EOY | $11,933,480,219 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $209,435,104 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$19,634,042 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $31,229,576 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $10,200 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Expended527 Activities | $10,200 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $0 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $10,200 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (25 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Paid Internal FundsPaidInternalFundsAmt | Contributions Rcvd DlvrContributionsRcvdDlvrAmt | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| People for Zach Hudgins | |||||||
| 13725 56th S | Tukwila | WA | 98138 | 810555017 | $350 | $0 | |
| Friends of Santos | |||||||
| 9806 61st Ave S | Seattle | WA | 98118 | 911913482 | $350 | $0 | |
| Citizens for Pam Roach | |||||||
| 531 Wetmore Ave | Everett | WA | 98201 | 263590667 | $450 | $0 | |
| Committee to Re-Elect Tracie Eide | |||||||
| 34618 11th Pl S | Federal Way | WA | 98003 | 030430031 | $500 | $0 | Suite 100 |
| Steve Kirby Campaign | |||||||
| 9415 Tacoma Ave S | Tacoma | WA | 98444 | 711000906 | $500 | $0 | |
| Committee to Elect Steve Hobbs | |||||||
| 3309 114th Dr NE | Lake Stevens | WA | 98258 | 204733784 | $750 | $0 | |
| Citizens for Christopher Hurst | |||||||
| 62504 Indian Summer Way | Enumclaw | WA | 98022 | 010841227 | $500 | $0 | |
| Committee to Elect Jim Honeyford | |||||||
| PO Box 844 | Sunnyside | WA | 98944 | 911561953 | $450 | $0 | |
| Committee to Elect Cary Condotta | |||||||
| PO Box 3001 | Wenatchee | WA | 98807 | 710896890 | $300 | $0 | |
| Friends of Larry Springer | |||||||
| 700 20th Ave W | Kirkland | WA | 98033 | 830382872 | $500 | $0 | |
| Committee to Re-Elect Ed Orcutt | |||||||
| PO Box 1280 | Kalama | WA | 98625 | 900038949 | $300 | $0 | |
| Friends for Cindy Ryu | |||||||
| PO Box 33548 | Seattle | WA | 98133 | 202771557 | $500 | $0 | |
| Committee to Re-Elect Brian Blake | |||||||
| PO Box 1541 | Longview | WA | 98632 | 870699800 | $250 | $0 | |
| Committee to Elect Kevin Parker | |||||||
| Po Box 198 | Spokane | WA | 99210 | 260348064 | $350 | $0 | |
| Friends of David Sawyer | |||||||
| 1002 S 94th St | Tacoma | WA | 98444 | 453660584 | $500 | $0 | |
| Friends of Cyrus | |||||||
| 929 109th Ave NE | Bellevue | WA | 98004 | 900791775 | $350 | $0 | |
| Friends of Joe Fain | |||||||
| PO Box 7809 | Covington | WA | 98042 | 271654871 | $750 | $0 | |
| Citizens for Andy Hill | |||||||
| 23515 NE Novelty Hill Rd | Redmond | WA | 98053 | 272057163 | $450 | $0 | Suite B221 170 |
| Friends of Rueven Carlyle | |||||||
| PO Box 9100 | Seattle | WA | 98109 | 261852908 | $350 | $0 | |
| tharinger for State Reporesentative | |||||||
| PO Box 834 | Sequim | WA | 98382 | 272555702 | $300 | $0 | |
| Friends of Chris Reykdal | |||||||
| 855 Trosper Rd | Tumwater | WA | 98512 | 271751460 | $300 | $0 | Suite 108-117 |
| Citizens for Kochmar | |||||||
| PO Box 3676 | Federal Way | WA | 98063 | 911826508 | $250 | $0 | |
| Bruce Chandler Campaign | |||||||
| PO Box 1108 | Zillah | WA | 98953 | 912066326 | $250 | $0 | |
| Committee to Re-Elect Terry Nealey | |||||||
| PO Box 7 | Dayton | WA | 99328 | 262195116 | $300 | $0 | |
| Committee to Re-Elect JT Wilcox | |||||||
| PO Box 78606 | Seattle | WA | 98178 | 270758934 | $350 | $0 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part I-A, Line 1 | FormAndLineReferenceDesc |
| Explanation | During 2013, BECU contributed primarily to the election campaigns of various individuals running for Washington State elected positions. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $9,277,392 | OtherCostOrOtherBasisAmt |
| Book Value | $9,277,392 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $46,347,406 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,253,730 | DepreciationAmt |
| Book Value | $19,093,676 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $24,893,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,739,313 | DepreciationAmt |
| Book Value | $7,154,298 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $122,290,083 | OtherCostOrOtherBasisAmt |
| Depreciation | $106,579,651 | DepreciationAmt |
| Book Value | $15,710,432 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $5,360,183 | OtherCostOrOtherBasisAmt |
| Depreciation | $803,374 | DepreciationAmt |
| Book Value | $4,556,809 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $55,792,607 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Shares & Deposits | Desc |
| Amt | $10,652,287,047 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,652,287,047 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 | FormAndLineReferenceDesc |
| Explanation | The Credit Union is exempt by statute from federal income taxes under the provisions of Section 501 of the Internal Revenue Code of 1954; however, the Credit Union's unrelated business income and subsidiaries are subject to federal income taxes. There were no significant income taxes for the years ended December 31, 2013 or 2012. Accounting principles 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 Credit Union had no unrecognized tax positions at December 31, 2013 or 2012. It is the Credit Union's policy to record any penalties or interest arising from federal or state taxes as a component of non interest expense. The Credit Union files exempt organization and unrelated business income tax returns with the federal jurisdiction. The Credit Union is no longer subject to United States federal income tax examination by tax authorities for the years ended before December 31, 2010. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (39 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Newrizons Federal Credit Union | |||||||||||
| 120 Firman St | Hoquiam | WA | 98550 | 910814137 | 501c1 | $40,000 | $0 | Financial Support | |||
| Express Credit Union | |||||||||||
| PO Box 94286 | Seattle | WA | 98124 | 910573334 | 501c14 | $168,500 | $0 | Financial Support | |||
| Tulip Co-op Credit Union | |||||||||||
| PO box 1243 | Olympia | WA | 98507 | 421607163 | 501c14 | $30,000 | $0 | Financial Support | |||
| Antioch University | |||||||||||
| 2326 6th Avenue | Seattle | WA | 98121 | 310536640 | 501c3 | $13,000 | $0 | Donation/Employee Gift Match | |||
| BECU Foundation | |||||||||||
| 12770 Gateway Dr | Tukwila | WA | 98168 | 911703337 | 501c3 | $20,308 | $42,971 | Cash contributions are in support of BECU Foundation scholarships and non-cash consulting services donated provide administrative operations for the BECU Foundation. | Actual Cost | Donation of consulting services | |
| Capitol Hill Housing | |||||||||||
| 1402 3rd Ave | Seattle | WA | 98101 | 271682190 | 501c3 | $20,000 | $0 | Housing Grant | Suite 200 | ||
| Community Frameworks | |||||||||||
| 409 Pacific Ave | Bremerton | WA | 98337 | 910933023 | 501c3 | $20,000 | $0 | Housing Grant | Suite 105 | ||
| Community Schools Collaboration | |||||||||||
| 137 SW 154th St | Burien | WA | 98166 | 200139255 | 501c3 | $10,567 | $0 | Donation and Employee Gift Match | |||
| Express Advantage | |||||||||||
| 1741 4th Ave S | Seattle | WA | 98134 | 611575044 | 501c3 | $32,325 | $0 | Donation & Employee Gift Match | |||
| Forterra | |||||||||||
| 901 5th Ave | Seattle | WA | 98164 | 943112461 | 501c3 | $30,425 | $0 | Donation & Employee Gift Match | Suite 2200 | ||
| Friends of the Children | |||||||||||
| PO box 22801 | Seattle | WA | 98122 | 912047030 | 501c3 | $10,000 | $0 | Donation | |||
| Habitat for Humanity Seattle-King County | |||||||||||
| 560 Naches Ave SW | Renton | WA | 98057 | 911342397 | 501c3 | $51,405 | $0 | Donation & Employee Gift Match | |||
| Homesight | |||||||||||
| 5117 Rainier Ave S | Seattle | WA | 98118 | 943117253 | 501c3 | $10,000 | $0 | Donation | |||
| Housing Hope | |||||||||||
| 5830 Evergreen Way | Everett | WA | 98203 | 943060709 | 501c3 | $41,575 | $0 | Donation & Employee Gift Match | |||
| Impact Capital | |||||||||||
| 401 2nd Ave | Seattle | WA | 98104 | 943196958 | 501c3 | $50,000 | $0 | Community Development Grant - Housing initiatives | Suite 301 | ||
| Interim Community Development Association | |||||||||||
| 310 Maynard Ave S | Seattle | WA | 98104 | 911071277 | 501c3 | $10,675 | $0 | Donation & Employee Gift Match | |||
| iQ for Kids | |||||||||||
| PO Box 1739 | Vancouver | WA | 98668 | 203988310 | 501c3 | $5,820 | $0 | Donation | |||
| Junior Achievement | |||||||||||
| 1700 Westlake Ave N | Seattle | WA | 98109 | 910604913 | 501c3 | $55,825 | $0 | Donation & Employee Gift Match | Suite 400 | ||
| King County Explorer Search & Rescue | |||||||||||
| PO Box 1266 | North Bend | WA | 98045 | 911433442 | 501c3 | $10,000 | $0 | Donation | |||
| Lifelong AIDS Alliance | |||||||||||
| 1002 E Seneca St | Seattle | WA | 98122 | 911215715 | 501c3 | $31,465 | $0 | Housing Grant & Employee Gift Match | |||
| Magnuson Community Garden | |||||||||||
| 6344 NE 74th St | Seattle | WA | 98115 | 912168172 | 501c3 | $10,000 | $0 | Donation | Suite 104 | ||
| Mercy Housing Northwest | |||||||||||
| 2505 3rd Ave | Seattle | WA | 98121 | 911546525 | 501c3 | $20,000 | $0 | Housing Grant | Suite 204 | ||
| Museum of Flight | |||||||||||
| 9404 East Marginal Way S | Seattle | WA | 98108 | 910785826 | 501c3 | $10,850 | $0 | Donation & Employee Gift Match | |||
| National Institute for State Credit Union Examination | |||||||||||
| 1655 N Ft Meyer Dr | Arlington | VA | 22209 | 541205520 | 501c3 | $10,000 | $0 | Donation | Suite 650 | ||
| National Federaton of the Blind of Washington | |||||||||||
| PO box 2516 | Seattle | WA | 98111 | 911155110 | 501c3 | $10,000 | $0 | Donation | |||
| Northwest Credit Union Association | |||||||||||
| 18000 International Blvd | SeaTac | WA | 98188 | 910460483 | 501c3 | $90,000 | $0 | Donation | Suite 350 | ||
| Outdoors for All Foundation | |||||||||||
| 6344 NE 74th St | Seattle | WA | 98115 | 911085999 | 501c3 | $10,000 | $0 | Donation | Suite 102 | ||
| Plymouth Housing Group | |||||||||||
| 2113 3rd Ave | Seattle | WA | 98121 | 911122621 | 501c3 | $14,100 | $0 | Donation & Employee Gift Match | |||
| Real Escape from the Sex Trade | |||||||||||
| 24 Roy St | Seattle | WA | 98109 | 453531020 | 501c3 | $15,000 | $0 | Donation | Box 256 | ||
| Rebuilding Together South Sound | |||||||||||
| 1423 East 29th St | Tacoma | WA | 98404 | 912147601 | 501c3 | $20,855 | $0 | Donation & Employee Gift Match | |||
| Seattle University | |||||||||||
| PO Box 222000 | Seattle | WA | 98122 | 910565006 | 501c3 | $85,000 | $0 | Donaton | |||
| Seattle's Union Gospel Mission | |||||||||||
| PO Box 202 | Seattle | WA | 98111 | 910595029 | 501c3 | $7,410 | $0 | Employee Gift Match | |||
| Sibling House | |||||||||||
| 10454 NE 112th St | Kirkland | WA | 98033 | 911867732 | 501c3 | $10,000 | $0 | Donation | |||
| Standup for Kids | |||||||||||
| PO Box 22146 | Seattle | WA | 98122 | 330414855 | 501c3 | $10,000 | $0 | Donation | |||
| The Goodtimes Project | |||||||||||
| 24439 NE 19th St | Sammamish | WA | 98074 | 462489916 | 501c3 | $15,000 | $0 | Donation | |||
| The Seattle Foundation | |||||||||||
| 1200 5th Ave | Seattle | WA | 98101 | 916013536 | 501c3 | $25,000 | $0 | Donation | Suite 1300 | ||
| Washington Business Week | |||||||||||
| 33305 1st Ave S | Federal Way | WA | 98003 | 911048245 | 501c3 | $11,100 | $0 | Donation | Suite 5-212 | ||
| Wellspring Family Services | |||||||||||
| 1900 Rainier Ave S | Seattle | WA | 98144 | 910567261 | 501c3 | $20,000 | $0 | Housing Grant | |||
| Worldwide Foundation for Credit Unions | |||||||||||
| 5710 Mineral Point Rd | Madison | WI | 53705 | 391383650 | 501c3 | $15,000 | $0 | Donation Disaster Relief | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 36 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | BECU generally asks each of our non-profit grant or donation recipients to provide a brief report. Periodically, BECU will conduct on site visits of grant recipients as well. BECU's gift matching guidelines require the donee organization to provide proof of receipt of funds and their tax identification number. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (34 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Porter | ||||||||||||||
| CEO/President | $548,077 | $0 | $241,739 | $0 | $13,350 | $0 | $8,750 | $0 | $17,755 | $0 | $829,671 | $0 | $0 | $0 |
| Grace Semingsen | ||||||||||||||
| SVP of Member Solutions | $249,731 | $0 | $104,927 | $0 | $309,192 | $0 | $7,646 | $0 | $15,346 | $0 | $686,842 | $0 | $0 | $0 |
| Parker Cann | ||||||||||||||
| SVP/General Counsel/Corporate Secretary | $324,231 | $0 | $131,699 | $0 | $5,940 | $0 | $9,792 | $0 | $11,679 | $0 | $483,341 | $0 | $0 | $0 |
| Weldon Leonardson | ||||||||||||||
| CIO/SVP of Information Technology | $274,769 | $0 | $116,154 | $0 | $28,213 | $0 | $8,368 | $0 | $11,905 | $0 | $439,409 | $0 | $0 | $0 |
| Katherine Elser | ||||||||||||||
| CFO/SVP Finance & Admin/Corporate Treasurer | $281,500 | $0 | $116,154 | $0 | $1,449 | $0 | $8,575 | $0 | $12,026 | $0 | $419,704 | $0 | $0 | $0 |
| Michael Strand | ||||||||||||||
| SVP of Member Operations | $281,500 | $0 | $116,154 | $0 | $1,350 | $0 | $6,684 | $0 | $10,458 | $0 | $416,146 | $0 | $0 | $0 |
| Tom Berquist | ||||||||||||||
| SVP of Member Strategies | $260,692 | $0 | $109,245 | $0 | $1,313 | $0 | $7,867 | $0 | $12,615 | $0 | $391,732 | $0 | $0 | $0 |
| Anne Shannon | ||||||||||||||
| SVP Human Resources | $247,615 | $0 | $102,768 | $0 | $1,903 | $0 | $7,585 | $0 | $14,484 | $0 | $374,355 | $0 | $0 | $0 |
| Gary Oakland | ||||||||||||||
| Former President/CEO | $0 | $0 | $306,360 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $306,360 | $0 | $0 | $0 |
| Douglas Marshall | ||||||||||||||
| SVP Digital Product Management | $177,885 | $0 | $116,149 | $0 | $2,493 | $0 | $0 | $0 | $6,537 | $0 | $303,064 | $0 | $0 | $0 |
| Michael Quamma | ||||||||||||||
| VP Treasury | $214,356 | $0 | $49,742 | $0 | $1,264 | $0 | $3,551 | $0 | $16,500 | $0 | $285,413 | $0 | $0 | $0 |
| Jesse Douglas | ||||||||||||||
| VP Program Management | $188,328 | $0 | $45,533 | $0 | $4,166 | $0 | $5,875 | $0 | $9,329 | $0 | $253,231 | $0 | $0 | $0 |
| William Taylor | ||||||||||||||
| Director/Associate General Counsel | $197,380 | $0 | $34,722 | $0 | $2,769 | $0 | $6,141 | $0 | $13,112 | $0 | $254,124 | $0 | $0 | $0 |
| Carolyn Cereghino | ||||||||||||||
| VP BECU Investment Services | $185,019 | $0 | $46,575 | $0 | $1,640 | $0 | $5,763 | $0 | $11,789 | $0 | $250,786 | $0 | $0 | $0 |
| Stephen Black | ||||||||||||||
| VP of Marketing & Community Affairs | $184,752 | $0 | $46,464 | $0 | $905 | $0 | $4,375 | $0 | $11,786 | $0 | $248,282 | $0 | $0 | $0 |
| Mark Thompson | ||||||||||||||
| VP Compliance | $197,157 | $0 | $28,537 | $0 | $2,786 | $0 | $6,771 | $0 | $11,936 | $0 | $247,187 | $0 | $0 | $0 |
| Shawn Mulqueeney | ||||||||||||||
| VP/Controller | $182,252 | $0 | $43,470 | $0 | $835 | $0 | $17,500 | $0 | $11,629 | $0 | $255,686 | $0 | $0 | $0 |
| Melanie Walsh | ||||||||||||||
| VP Member Care | $180,048 | $0 | $45,281 | $0 | $586 | $0 | $6,760 | $0 | $8,402 | $0 | $241,077 | $0 | $0 | $0 |
| Anastasia Wyss-Schoenborn | ||||||||||||||
| VP Member Solutions | $178,726 | $0 | $44,066 | $0 | $1,093 | $0 | $6,684 | $0 | $13,219 | $0 | $243,788 | $0 | $0 | $0 |
| Gregg Kats | ||||||||||||||
| VP of Facilities & Risk Management | $177,094 | $0 | $42,817 | $0 | $1,474 | $0 | $7,392 | $0 | $12,796 | $0 | $241,573 | $0 | $0 | $0 |
| Kyle Welsh | ||||||||||||||
| VP Technology Services | $177,592 | $0 | $43,018 | $0 | $577 | $0 | $5,652 | $0 | $12,466 | $0 | $239,305 | $0 | $0 | $0 |
| Carol Friend | ||||||||||||||
| VP Portfolio Management | $175,839 | $0 | $42,713 | $0 | $2,556 | $0 | $5,275 | $0 | $9,178 | $0 | $235,561 | $0 | $0 | $0 |
| Susan Kydd | ||||||||||||||
| VP/Chief Audit Executive | $171,800 | $0 | $41,491 | $0 | $2,392 | $0 | $5,398 | $0 | $9,942 | $0 | $231,023 | $0 | $0 | $0 |
| Pamela O'Conner | ||||||||||||||
| VP Total Rewards | $188,254 | $0 | $19,890 | $0 | $2,371 | $0 | $4,502 | $0 | $13,377 | $0 | $228,394 | $0 | $0 | $0 |
| Boyd Vanderleest | ||||||||||||||
| VP Lending | $179,543 | $0 | $25,783 | $0 | $972 | $0 | $6,160 | $0 | $8,512 | $0 | $220,970 | $0 | $0 | $0 |
| Angela Ursino | ||||||||||||||
| VP Talent Management | $165,023 | $0 | $39,750 | $0 | $893 | $0 | $6,143 | $0 | $15,775 | $0 | $227,584 | $0 | $0 | $0 |
| Brian Locke | ||||||||||||||
| Financial Advisor | $87,825 | $0 | $113,657 | $0 | $897 | $0 | $6,044 | $0 | $10,039 | $0 | $218,462 | $0 | $0 | $0 |
| Howard Wu | ||||||||||||||
| VP Virtual Banking | $161,121 | $0 | $39,345 | $0 | $463 | $0 | $5,157 | $0 | $16,695 | $0 | $222,781 | $0 | $0 | $0 |
| Michael Rackner | ||||||||||||||
| Director/Investment Services Sales | $127,783 | $0 | $65,153 | $0 | $819 | $0 | $4,351 | $0 | $15,447 | $0 | $213,553 | $0 | $0 | $0 |
| Todd Crawford | ||||||||||||||
| Financial Advisor | $94,278 | $0 | $95,299 | $0 | $548 | $0 | $5,679 | $0 | $8,181 | $0 | $203,985 | $0 | $0 | $0 |
| Robert Stroup | ||||||||||||||
| VP Member Strategies | $151,916 | $0 | $34,090 | $0 | $1,114 | $0 | $3,474 | $0 | $12,151 | $0 | $202,745 | $0 | $0 | $0 |
| Dana Gray | ||||||||||||||
| VP Business Services | $180,000 | $0 | $0 | $0 | $1,353 | $0 | $4,569 | $0 | $10,252 | $0 | $196,174 | $0 | $0 | $0 |
| Jaime Suarez | ||||||||||||||
| Financial Advisor | $59,879 | $0 | $116,713 | $0 | $181 | $0 | $5,290 | $0 | $9,872 | $0 | $191,935 | $0 | $0 | $0 |
| Linda Davenport | ||||||||||||||
| VP Trust Services | $73,613 | $85,709 | $12,000 | $44,563 | $455 | $411 | $1,852 | $2,871 | $6,201 | $7,526 | $94,121 | $141,080 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | Travel for companions was paid in certain pre-approved circumstances for the CEO and SVPs. Membership fees for Michael Strand to Rainier Golf & Country Club, membership fees for Weldon Leonardson to Columbia Tower Club and membership fees for Linda Davenport to Harbor Club. |
| Schedule J, Part I, Line 3 | Market compensation data will be gathered for the President's position and the other executive positions by the Senior Vice President of Human Resources as part of the annual compensation analysis. The compensation data for the President's position will be provided to the Compensation Committee for developing a recommendation to the Board of Directors regarding any compensation adjustment. The Compensation Committee may engage third party consultants to assist with the CEO compensation review and recommendations. The executive compensation data will be provided to the President for determining adjustments for the other executive positions. The market data will also be used to determine any changes or adjustments for the executive compensation package. The compensation data will be gathered using a variety of industry survey sources and data segments which are then validated by a third party. BECU's compensation program is administered by the Human Resources Department and is audited by BECU's Audit Services Department. |
| Schedule J, Part I, Line 4 | The following individuals participated in a non-qualified supllemental retirement plan "SERP" in 2013: John Porter, Parker Cann, Weldon Leonardson, Michael Strand, Katherine Elser, Tom Berquist, Grace Semingsen, Anne Shannon, and Doug Marshall. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| CO-OP Financial Services | |||
| BECU CEO Porter Benson is Board Member | $5,667,506 | ATM Remote Services Fees | 0 |
| Member Loyalty Group | |||
| BECU Officer Grace Semingsen is Board Chairperson | $178,290 | Customer Loyalty Metrics | 0 |
| Credit Union Student Choice | |||
| BECU Officer Tom Berquist is Board Member | $466,835 | Student loan origination & management | 0 |
| Northwest Credit UnionAlliance | |||
| BECU Officer Grace Semingsen is Board Member | $173,399 | Net ATM interchange expense | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 3b | BECU has filed IRS Form 8868 requesting an automatic 6 month extension to file the 2013 990-T. The extended due date to file the 2013 990-T is November 15, 2014. |
| Form 990, Part VI, Section A, Line 6 | BECU is a cooperative society organized under Washington law as a nonprofit corporation for the purposes of promoting thrift amoung 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. At all meetings each member with one or more fully paid shares will have one vote subject to certain conditions. |
| Form 990, Part VI, Section A, Line 7a | BECU is a cooperative society organized under Washington law as a nonprofit corporation for the purposes of promoting thrift amoung 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. At all meetings each member with one or more fully paid shares will have one vote subject to certain conditions. |
| Form 990, Part VI, Section B, Line 11b | CFO and Controller review Form 990 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. |
| Form 990, Part VI, Section B, Line 12c | The Board along with all employees affirms their adherence to BECU's conflict of interest requirements in writing on a yearly basis (called "Annual Code of Ethics Affirmation" form). Audit Services and Security Risk monitor for ethics violations through anonymous hot lines and emails. The Audit Committee issues a yearly "whistleblower" letter to all employees encouraging them to report any fraud or abuse by employees or Board Members. Also, along with the yearly re-affirmation of our Code of Ethics, there is a required ethics refresher course. The Code of Ethics policy outlines who and how conflicts are determined and requirements for disclosure and recusal if there is an actual or perceived conflict. |
| Form 990, Part VI, Section B, Line 15 | BECU's executive compensation process includes the following: Annual market analysis which benchmarks each executive position with similar positions in national and regional surveys. The data for the President/CEO position is provided to the Compensation Committee of the Board of Directors for adjustment recommendation and approval to the Board of Directors. The data for the senior executive positions is provided to the President/CEO for any recommended adjustments. The President/CEO determines annual salary adjustments for each executive by considering responsibilities of the position, individual's experience, performance, career progress and development within the executive salary range. market analysis is performed each year in the fall. BECU's compensation program is administered by the Human Resources Department and is audited by BECU's Audit Services Department. |
| Form 990, Part VI, Section C, Line 19 | BECU's Bylaws, Corporate Governance Overview and financial reports are posted and available to the public on the becu.org website. BECU's financial data is also available to the public via the NCUA website. |
| Form 990, Part XI, Line 9 | Other Comprehensive Income Pension & SERP benefit plans |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BECU Foundation | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12770 Gateway Drive | AddressLine1 |
| City | Tukwila | City |
| State | WA | State |
| ZIP Code | 98168 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911703337 | EIN |
| Primary Activities | Scholarships | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 9 PF | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BECU Trust Company | ||||||||||||
| 12770 Gateway Drive | Tukwila | WA | 98168 | 161653592 | Trust Services | WA | Boeing Employees' Credit Union | C | $869,336 | $0 | 1 | Yes (1) |
| Charitable Lead Unitrust | ||||||||||||
| 12770 Gateway Drive | Tukwila | WA | 98168 | Charitable to NCUF | WA | Boeing Employees' Credit Union | T | Yes (1) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BECU Foundation | ||
| b | $63,279 | Actual amount |
| BECU Trust Company | ||
| a-iv | $33,937 | Actual amount per contractual agreement |
| BECU Trust Company | ||
| q | $292,756 | Total of actual amount of vendor payments processed |