Public Charity

CREDIT UNIONS IN THE STATE OF WASHINGTON DBA AMERICAN LAKE CREDIT UNION

Based in LAKEWOOD, WA, CREDIT UNIONS IN THE STATE OF WASHINGTON DBA AMERICAN LAKE CREDIT UNION operates as a Public Charity. The organization reported $3.4M in revenue, $3.4M in expenses, $59.6M in total assets for fiscal year 2025.

EIN: 910564948 LAKEWOOD, WA Latest filing: 2025
Total Revenue$3.4M
Total Expenses$3.4M
Total Assets$59.6M
Grant Records0
Filing Years2021–2025

Mission

AMERICAN LAKE CREDIT UNION PROVIDES A VARIETY OF QUALITY SERVICES TO A DIVERSIFIED MEMBERSHIP WHILE MAINTAINING FINANCIAL SOUNDNESS.

Where $100 goes at Credit Unions in the State of Washington DBA American Lake Credit Union

How Credit Unions in the State of Washington DBA American Lake Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The credit union provided low-cost retail financial services to over 4,594 members/owners through four branches located in tacoma and Lakewood
All program spending · Reported in the filing: 4,594 members; 1,032 loans
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Brian Hagel
SECRETARY Connie Hyndman
DIRECTOR Deidra Mclauchlan
DIRECTOR Donald Ham
DIRECTOR Donald Hoffman
VICE CHAIR Glen Neal

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $3.4M $3.4M $59.6M
2024 $3.2M $3.7M $61.7M
2023 $3.2M $3.1M $64.3M
2022 $2.5M $2.7M $70.1M
2021 $2.8M $2.6M $72.3M

Between 2021 and 2025, reported annual revenue grew from $2.8M to $3.4M (+20%), with total assets most recently reported at $59.6M.

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

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