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  4. CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union
EIN 91-0419495

CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

IRS 501(c) type
501(c)(14)
Num. employees
19
City
Spokane
State
Washington
Year formed
1933
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions in the State of Wa operate without profit for mutual purposes. Their mission is to assist members with banking, lending and other financial needs. Progressions Credit Union (PCU), located in Spokane, had 5,234 members who owned a total of 10,759 share/deposit accounts as of 12/31/21. In addition, PCU had $53,357,102 in loans to 1,784 members. In 2021, PCU granted 1,489 new loans with an initial value of $27,369,602.
Related structure
CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union is child organization, under the parent exemption from Credit Unions in the State of Washington / Division of Credit Unions.
Also known as...
Progressions Credit Union
Total revenues
$4,844,566
2023
Total expenses
$3,851,740
2023
Total assets
$87,577,481
2023
Num. employees
19
2023

Program areas at CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

As of 12/31/23 Progressions Credit Union (PCU) had 5,656 members that owned a total of 11,444 share/deposit accounts. In addition, PCU had $68,407,131 in loans to 1,960 members. In 2023 PCU granted 1,257 new loans with an initial value of $24,023,668

Personnel at CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

NameTitleCompensation
Susan VuongPresident and Chief Executive Officer$164,035
Tim ThrockmortonFinance Director
Timothy A ThrockmortonSenior Vice President Chief Financial Officer$107,198
Kevin SpoerlSenior Vice President Clo$109,881
Jay WilliamsonPast President and Chief Executive Officer$115,500
...and 2 more key personnel

Financials for CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$3,887,499
Investment income and dividends$377,629
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$10,091
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$569,347
Total revenues$4,844,566

Form 990s for CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-25990View PDF
2022-122023-08-25990View PDF
2021-122022-08-05990View PDF
2020-122021-09-27990View PDF
2019-122020-10-13990View PDF
...and 14 more Form 990s

Organizations like CREDIT UNIONS IN THE STATE OF WASHINGTON Progressions CREDIT Union

OrganizationLocationRevenue
Community 1st Credit UnionDupont, WA$10,270,112
Sno Falls Credit UnionNorth Bend, WA$5,599,032
WCLA Credit UnionOlympia, WA$6,400,206
Woodstone Credit UnionFederal Way, WA$4,184,944
Tacoma Longshoremen Credit UnionTacoma, WA$2,687,551
Spokane Firefighters Credit UnionSpokane, WA$2,767,585
North Coast Credit UnionBellingham, WA$19,478,425
Strait-View Credit UnionPort Angeles, WA$3,759,977
Puget Sound Cooperative Credit UnionBellevue, WA$11,703,599
Mill Town Credit UnionEverett, WA$3,896,046
Data update history
October 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Updated personnel
Identified 1 new personnel
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 17, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
2919 E Mission
Spokane, WA 99202
Metro area
Spokane-Spokane Valley, WA
County
Spokane County, WA
Website URL
progressionscu.org/ 
Phone
(509) 535-0191
IRS details
EIN
91-0419495
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1933
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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