Credit Unions In the State of Washington
Only null% goes to programs Strong reserves Growing revenue
Credit Unions In the State of Washington is a 501(c)(14) organization based in Richland, Washington, registered in 1954, with $171,173,971 in FY2024 revenue. CharityIndex grades it A.
601 Williams Blvd, Richland, WA, 99354 EIN 91-1792217 Since 1954
Revenue (FY2024)
$171.2M
▲ 10.3% vs prior year
Unknown median: $232K
Expenses (FY2024)
$139.6M
Net assets
$268.7M
Employees
622
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Credit Unions In the State of Washington— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Credit Unions In the State of Washington: 23 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Credit Unions In the State of Washington: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Credit Unions In the State of Washington: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Hapo provides low cost savings vehicles with superior interest return and low interest rate loans to its members, without capital stock, organized and operated for mutual purposes and without profit. net earnings are retained in accordance with the regulatory requirements of the ncua and state law.
Contact & location
- Address
- 601 Williams Blvd, Richland, WA, 99354
- City
- Richland
- State
- Washington
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.5M (FY2013) to $171.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.1BNet assets $268.7M
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4B
Total liabilities
$2.1B
Net assets
$268.7M
Salaries & benefits
$49.6M
36% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $171,173,971▲10.3% | $139,582,450▲14.9% | $268,676,608▲14.8% | $2,370,077,415▲0.1% | 990 |
| 2023 | $155,133,528▲21.5% | $121,509,931▲12.7% | $234,080,060▲18.1% | $2,368,391,971▲1.4% | 990 |
| 2022 | $127,669,996▲7.9% | $107,775,616▲9.4% | $198,145,948▲20.9% | $2,335,412,553▲3.5% | 990 |
| 2021 | $118,353,811▲3.7% | $98,494,614▼5.1% | $163,840,133▲14.0% | $2,255,622,236▲9.9% | 990 |
| 2020 | $114,135,220▲0.1% | $103,750,750▲2.4% | $143,736,505▲2.5% | $2,052,246,961▲14.0% | 990 |
| 2019 | $114,009,744▲14.0% | $101,328,174▲12.4% | $140,212,869▲5.7% | $1,799,616,112▲6.6% | 990 |
| 2018 | $99,975,899▲12.5% | $90,120,451▲12.8% | $132,611,722▲7.7% | $1,688,488,199▲6.0% | 990 |
| 2017 | $88,841,639▲9.2% | $79,917,454▲11.7% | $123,112,944▲7.3% | $1,592,912,078▲7.3% | 990 |
| 2016 | $81,326,201▲12.3% | $71,560,348▲14.9% | $114,763,112▲7.2% | $1,483,857,542▲9.0% | 990 |
| 2015 | $72,437,202▲5.5% | $62,305,455▲3.2% | $107,087,800▲10.3% | $1,361,141,868▲9.9% | 990 |
| 2014 | $68,647,819▼1.2% | $60,386,700▲1.9% | $97,114,256▲8.9% | $1,238,531,651▼0.5% | 990 |
| 2013 | $69,503,992 | $59,265,022▲7.2% | $89,150,490▲14.9% | $1,244,819,667▲11.4% | 990 |
| 2012 | — | $55,287,678▲12.5% | $77,568,663▲11.2% | $1,117,409,291▲10.1% | 990 |
| 2011 | — | $49,146,452▲6.3% | $69,747,608▲23.0% | $1,014,829,008▲20.0% | 990 |
| 2010 | — | $46,212,451 | $56,696,596 | $845,546,493 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dolores Broeske — $1,042,770 (0.75% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dolores Broeske | Sr Vp/ceo (thru 7/24) | 40 | $1,042,770 |
| Scott Mitchell | Sr Vp/ceo | 40 | $900,012 |
| Ruby Campos | Sr Vp/coo | 40 | $626,652 |
| Jessica Gaudreault | Sr Vp/cro | 40 | $602,810 |
| Ashley Ward | Chief Information Officer | 40 | $535,726 |
| Marcus Hall | Chief Lending Officer | 40 | $508,749 |
| Paul Pedersen | Sr Vp/cfo | 40 | $390,537 |
| Jason Lacher | Vp of Information Systems | 40 | $275,150 |
| Monte Drake | Vp of Commercial Services | 40 | $273,903 |
| Jeremy O'niel | Vp of Marketing | 40 | $267,394 |
| Noemy Correa | Vp of Branch Operations | 40 | $225,374 |
| Janel Marino | Vp of Branch Management/member Experience | 40 | $222,809 |
| Nicole Prince | Vp of Human Resources | 40 | $220,111 |
| Eric Fuhriman | Vp of Information Security | 40 | $200,695 |
| Jenifer Gateley | Vp of Card Services | 40 | $195,814 |
| Aaron Fox | Software Engineer Manager | 40 | $194,355 |
| Robert Carter | It Disaster Recovery and Data Center Manager | 40 | $190,636 |
| Iselda Torres | Vp of Asset Recovery | 40 | $180,300 |
| Amber Williams | Vp of Loan Support and Servicing | 40 | $180,096 |
| Robert Stafford | Director of Finance | 40 | $176,695 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Digital First Holdings LLC (ncr) | Online Banking & It Software | $2,496,317 |
| Momentum Inc | Construction | $2,431,224 |
| Strategic Resource Management Inc | Professional | $1,806,642 |
| Corelation Inc | It Software & Support | $1,473,100 |
| Shi International Corp | It Software & Hardware | $1,131,967 |
Grants made · $539K in FY2024
23 grants totaling $539K in FY2024 — showing the 15 largest. All grants made by Credit Unions In the State of Washington →
| Recipient | Purpose | Amount |
|---|---|---|
| Franklin County Hapo Center | Hapo center naming rights | $100,000 |
| Tri-cities Cancer Center Foundation | Annual donation & sponsorship | $77,030 |
| Gowest Foundation | Sponsorship, culaf contribution, advocacy & benefit auction | $71,164 |
| Toyota Center and Arena | Hapo hangout naming righs | $70,000 |
| City of Richland | John dam plaza park stage and various local event sponsorships | $35,000 |
| Smg Tri Cities | Live @ 5 summer concert series sponsor | $27,000 |
| Columbia Basin College Foundation | Learning lobby and event donation | $21,000 |
| Association of Washington Business | Spring meeting sponsorship | $15,000 |
| Greater Vancouver Chamber of Commerce | Conference sponsorship | $11,000 |
| Boys & Girls Clubs of Benton and Franklin Counties | Various event sponsorships | $11,000 |
| Worldwide Foundation For Credit Unions Inc | Annual donation & sponsorship | $10,100 |
| Tri-town Get Down LLC | Event sponsorship | $10,000 |
| State of Wa Supt of Public Instruction | General donation for financial education partnership | $10,000 |
| Soroptimist International of the Americas Inc | Sipk partnership & sponsorships | $8,500 |
| Tri-city Regional Chamber Ofcommerce | Conference sponsorships | $8,430 |
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Compare Credit Unions In the State of Washington
Frequently asked questions
- Is Credit Unions In the State of Washington a legitimate nonprofit?
- Yes. Credit Unions In the State of Washington is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 91-1792217, based in Richland, Washington.
- What is Credit Unions In the State of Washington's EIN?
- Credit Unions In the State of Washington's Employer Identification Number (EIN) is 91-1792217.
- How much revenue does Credit Unions In the State of Washington report?
- Credit Unions In the State of Washington reported $171,173,971 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Credit Unions In the State of Washington have?
- CharityIndex grades Credit Unions In the State of Washington A, based on financial health (reserves and operating margin).
- How much does Credit Unions In the State of Washington's highest-paid employee make?
- The highest reported compensation on Credit Unions In the State of Washington's latest Form 990 is $1,042,770, paid to Dolores Broeske (Sr Vp/ceo (thru 7/24)).
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Data for Credit Unions In the State of Washington (EIN 91-1792217) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.