Public Charity

VERITY CREDIT UNION

VERITY CREDIT UNION, of SEATTLE, WA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $48.2M in revenue, $47.2M in expenses, $771.4M in total assets. IRS filings disclose 28 grants awarded by this foundation, totaling roughly $370K.

EIN: 910219005 SEATTLE, WA Latest filing: 2024
Total Revenue$48.2M
Total Expenses$47.2M
Total Assets$771.4M
Grants Given28
Grant Total$370K
Filing Years2019–2024

Mission

SEE SCHEDULE OA COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, VERITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Officers & Directors

BOARD MEMBER Alex Johnson
CHIEF RISK OFFICER Alma Granic
CHIEF FINANCIAL OFFICER (THRU 12/24) Brad Tanberg
VICE PRESIDENT OF OPERATIONS Brent Richins
BOARD MEMBER Chad Klemme
VICE PRESIDENT OF RETAIL OPERATIONS Dale Morris

Officer compensation and complete director data available with membership.

Top Grant Purposes

FINANCIAL HEALTH COLLABORATION AND SUPPORT.
$50,000 2 grants
FINANCIAL EDUCATION FOR YOUTH SUMMER PROGRAM.
$40,000 2 grants
TSM EXECUTIVE SPONSORSHIP
$30,000 1 grant
ECONOMIC AND EDUCATIONAL EQUITY FOR DISADVANTAGED SMALL BUSINESSES AND NONPROFITS.
$30,000 2 grants
LEADERSHIP MATCHING FUND, READY FOR BUSINESS ADMINISTRATION SUPPORT, AND READY FOR BUSINESS CAMPAIGN INVESTING
$27,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $48.2M $47.2M $771.4M
2023 $45.9M $45.6M $829.4M
2022 $38.3M $30.6M $865.2M
2020 $32.9M $31.3M $692.4M
2019 $35.3M $31.4M $632.8M

Between 2019 and 2024, reported annual revenue grew from $35.3M to $48.2M (+36%), with total assets most recently reported at $771.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in WA, WI.

WAWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for VERITY CREDIT UNION

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