Credit Unions In The State Of Washington, Prevail Credit Union in Seattle, Washington (WA)

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Table of contents:

• Overview
• Detailed Reports
  • Statements Regarding Other IRS Filings and Tax Compliance
  • Statement of Revenue
  • Statement of Functional Expenses
  • Balance Sheet
  • Reason for Public Charity Status
• Other organizations in Washington
• Affiliated organizations

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Credit Unions In The State Of Washington, Prevail Credit Union
Employer Identification Number (EIN)	910556703
Name of Organization	Credit Unions In The State Of Washington
Secondary Name	Prevail Credit Union
Address	801 2nd Ave Ste 100, Seattle, WA 98104-1503
Activities	Endowment fund or financial services, Loans or credit reporting
Subsection	Credit Union
Ruling Date	07/1954
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2011
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$235,345,548
Amount of Income	$63,422,824
Form 990 Revenue Amount	$12,347,985

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
Gross income from members or shareholders	$0
Gross income from other sources	$0

Statement of Revenue (for 2011)
Total revenue	$12,347,985
Contributions, Gifts, Grants and Other Similar Amounts	$0
Program Service Revenue	$10,925,428
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$1,266,954
Income from investment of tax-exempt bond proceeds	$0
Royalties	$0
Net rental income	$0
Net gain from sales of assets other than inventory	$155,603
Gross amount from sales of assets other than inventory (Securities / Other)	$35,982,582 / $15,247,860
Less: cost or other basis and sales expenses (Securities / Other)	$35,923,888 / $15,150,951
Gain or (loss) (Securities / Other)	$58,694 / $96,909
Net income from fundraising events	$0
Net income from gaming activities	$0
Net income from sales of inventory	$0
Miscellaneous Revenue	$0

Statement of Functional Expenses (for 2011)
Total functional expenses	$11,396,977
Compensation of current officers, directors, trustees, and key employees	$418,447
Other salaries and wages	$2,459,404
Payroll taxes	$237,727
Professional fundraising services	$0
Other	$8,281,399

Balance Sheet (for 2011)
Total assets	$235,345,548
Total liabilities	$215,908,624
Tax-exempt bond liabilities	$0
Secured mortgages and notes payable to unrelated third parties	$0
Unsecured notes and loans payable to unrelated third parties	$0
Other	$215,908,624
Total net assets or fund balances	$19,436,924
Retained earnings, endowment, accumulated income, or other funds	$19,436,924

Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:	Not provided

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Other organizations in Washington
Id	Name	Address	State	Established	Total Income
1	Credit Unions In The State Of Washington, Mill Town Credit Union	3102 Broadway, Everett, WA 98201-4421	WA	1954-07	$1,689,139
2	Credit Unions In The State Of Washington, Mountaincrest Credit Union	3710 168th St Ne Ste A108, Arlington, WA 98223-8462	WA	1954-07	$8,977,417
3	Credit Unions In The State Of Washington, Nalc Aux 202	3502 Pacific Ave, Tacoma, WA 98408-4150	WA	1954-07	$5,842,082
4	Credit Unions In The State Of Washington, North Coast Credit Union	1100 Dupont St, Bellingham, WA 98225-3113	WA	1954-07	$26,779,169
5	Credit Unions In The State Of Washington, Northland Credit Union	9625 N Newport Hwy Ste 1, Spokane, WA 99218-1531	WA	1954-07	$664,275
6	Credit Unions In The State Of Washington, Northwest Plus Credit Union	2821 Hewitt Ave, Everett, WA 98201-3819	WA	1954-07	$13,053,336
7	Credit Unions In The State Of Washington, O Bee Credit Union	3900 Cleveland Ave Se, Tumwater, WA 98501-4023	WA	1954-07	$11,124,816
8	Credit Unions In The State Of Washington, Olympia Credit Union	PO BOX 7549, Olympia, WA 98507-7549	WA	1954-07	$1,502,512
9	Credit Unions In The State Of Washington, Pacific Credit Union	Post Office 84188, Seattle, WA 98124-5488	WA	1954-07	$235,652
10	Pacific Northwest Credit Union	3250 Northwest Ave, Bellingham, WA 98225-1318	WA	1954-07	$724,154
11	Credit Unions In The State Of Washington, Prevail Credit Union	801 2nd Ave Ste 100, Seattle, WA 98104-1503	WA	1954-07	$63,422,824
12	Credit Unions In The State Of Washington, Primesource Credit Union	9707 N Nevada St, Spokane, WA 99218-3412	WA	1954-07	$2,751,062
13	Credit Unions In The State Of Washington, Progressions Credit Union	2919 E Mission Ave, Spokane, WA 99202-3624	WA	1954-07	$2,608,485
14	Puget Sound Credit Union	2815 2nd Ave Ste 100, Seattle, WA 98121-1262	WA	1954-07	$1,445,346
15	Credit Unions In The State Of Washington, Puget Sound Cooperative Credit Unio	600 108th Ave Ne Ste 1035, Bellevue, WA 98004-5129	WA	1954-07	$3,629,932
16	Credit Unions In The State Of Washington, Red Canoe Credit Union	PO BOX 3020, Longview, WA 98632-0320	WA	1954-07	$31,112,083
17	Credit Unions In The State Of Washington, School Employees Credit Union	325 Eastlake Ave E, Seattle, WA 98109-5407	WA	1954-07	$33,476,689
18	Credit Unions In The State Of Washington	Po Box 9061, Seattle, WA 98111	WA	1954-07	$30,081,739
19	Credit Unions In The State Of Washington, Sno Falls Credit Union	9025 Meadowbrook Way Se, Snoqualmie, WA 98065	WA	1954-07	$3,011,868
20	Credit Unions In The State Of Washington, Sound Credit Union	1331 Broadway, Tacoma, WA 98402-3410	WA	1954-07	$61,533,107

20 biggest affiliated organizations
Affiliation	Name	Address	State	Established	Total Income
Subordinate	Credit Unions In The State Of Washington, Hapo Community Credit Union	601 Williams Blvd, Richland, WA 99354-3258	WA	1954-07	$69,814,726
Central	Credit Unions In The State Of Washington, Division Of Credit Unions	PO BOX 41200, Olympia, WA 98504-1200	WA	1954-07	$0
Subordinate	Credit Unions In The State Of Washington, Community Group Of Discovery School	12801 84th Ave Ne, Kirkland, WA 98034-2600	WA	1972-12	$529,295,862
Subordinate	Credit Unions In The State Of Washington, Eastern Washington Lodge Of Research No 310	1108 W Riverside Avenue, Spokane, WA 99201-1106	WA	1954-07	$346,929,825
Subordinate	Credit Unions In The State Of Washington, Washington State Employees Credit U	330 Union Ave Se, Olympia, WA 98501-1324	WA	1954-07	$158,976,468
Subordinate	Credit Unions In The State Of Washington, Harborstone Credit Union	9611 Gravelly Lake Dr Sw, Lakewood, WA 98499-1515	WA	1954-07	$135,148,643
Subordinate	Credit Unions In The State Of Washington, Twinstar Credit Union	4525 Intelco Loop Se, Lacey, WA 98503-5941	WA	1954-07	$121,357,754
Subordinate	Kitsap Credit Union	PO BOX 990, Bremerton, WA 98337-0215	WA	1954-07	$106,309,396
Subordinate	Solarity Credit Union	PO BOX 2922, Yakima, WA 98907-2922	WA	1954-07	$83,983,547
Subordinate	Credit Unions In The State Of Washington, Spokane County 4-H Budget & Fund Raising Committee	222 N Havana, Spokane, WA 99202	WA	1954-07	$78,661,638
Subordinate	Credit Unions In The State Of Washington, Gesa Credit Union	PO BOX 500, Richland, WA 99352-0500	WA	1954-07	$77,236,094
Subordinate	Credit Unions In The State Of Washington, Lacamas Community Credit Union	236 Ne 4th Ave, Camas, WA 98607-2124	WA	1954-07	$74,173,137
Subordinate	Columbia Community Credit Union	PO BOX 324, Vancouver, WA 98666-0324	WA	1954-07	$65,391,604
Subordinate	Credit Unions In The State Of Washington, Prevail Credit Union	801 2nd Ave Ste 100, Seattle, WA 98104-1503	WA	1954-07	$63,422,824
Subordinate	Credit Unions In The State Of Washington, Sound Credit Union	1331 Broadway, Tacoma, WA 98402-3410	WA	1954-07	$61,533,107
Subordinate	Credit Unions In The State Of Washington, Squalicum Orchestra Boosters	3773 E Mcleod, Bellingham, WA 98226	WA	1954-07	$51,530,859
Subordinate	Credit Unions In The State Of Washington, Verity Credit Union	11027 Meridian Ave N Ste 200, Seattle, WA 98133-1705	WA	1954-07	$38,490,668
Subordinate	Credit Unions In The State Of Washington, Watermark Credit Union	808 Howell Street, Seattle, WA 98101-1384	WA	1954-07	$35,035,930
Subordinate	Credit Unions In The State Of Washington, School Employees Credit Union	325 Eastlake Ave E, Seattle, WA 98109-5407	WA	1954-07	$33,476,689
Subordinate	Credit Unions In The State Of Washington, Horizon Credit Union	PO BOX 15128, Spokane Vly, WA 99215-5128	WA	1954-07	$33,188,409

Number of affiliated organizations
Alaska 1 Washington 79	International 1
Total	81

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