Public Charity

WHATCOM EDUCATIONAL CREDIT UNION

WHATCOM EDUCATIONAL CREDIT UNION is a private foundation categorized as Public Charity based in BELLINGHAM, WA. Its most recent IRS filing (2024) reports revenue of $166.5M, expenses of $154.3M, total assets of $3.0B. Imperigo tracks 49 reported grants from this foundation totaling approximately $934K.

EIN: 910712539 BELLINGHAM, WA Latest filing: 2024
Total Revenue$166.5M
Total Expenses$154.3M
Total Assets$3.0B
Grants Given49
Grant Total$934K
Filing Years2020–2024

Mission

WHATCOM EDUCATIONAL CREDIT UNION (WECU) IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE WHERE MEMBERS ARE ENCOURAGED TO SAVE AND BORROW RESPONSIBLY AT FAIR AND COMPETITIVE RATES, IMPROVING THEIR FINANCIAL WELL-BEING AND STANDARD OF LIVING. THIS STATE-CHARTERED CREDIT UNION IS A MEMBER OF THE NATIONAL CREDIT UNION ADMINISTRATION SHARE INSURANCE FUND, AND IS REGULATED BY THE NATIONAL CREDIT UNION ASSOCIATION, AND THE STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS - DIVISION OF CREDIT UNIONS. WECU'S MAIN PRODUCTS ARE CONSUMER LOANS, REAL ESTATE LOANS AND COMMERCIAL LOANS TO MEMBERS, WHICH ARE PRIMARILY FUNDED BY DEPOSITS FROM MEMBERS. FINANCIAL EDUCATION AND COMMUNITY SERVICE ARE ALSO AN INTEGRAL PART OF WECU'S OPERATIONS AND SPIRIT OF SERVICE.

Officers & Directors

DIRECTOR Ashok Khanna
VICE PRESIDENT, INTERNAL AUDIT Bolortsetseg Smith
SECRETARY Carol Lager
CHIEF HUMAN RESOURCES OFFICER Cynthia Chase Klein
DIRECTOR Dale Zender
DIRECTOR, IT INFRASTRUCTURE David Leroy Dodge

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION GRANT
$670,500 42 grants
SCHOLARSHIPS
$215,050 4 grants
EDUCATION GRANT AND SCHOLARSHIPS
$33,000 2 grants
ANNUAL GIVING DRIVE
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $166.5M $154.3M $3.0B
2023 $138.1M $119.3M $2.8B
2022 $98.7M $68.5M $2.5B
2021 $85.7M $64.1M $2.5B
2020 $85.9M $71.0M $2.1B

Between 2020 and 2024, reported annual revenue grew from $85.9M to $166.5M (+94%), with total assets most recently reported at $3.0B.

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

Grant Geography

Grants from this foundation were reported to recipients in WA.

WA

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

See the full picture for WHATCOM EDUCATIONAL CREDIT UNION

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