2025-10-29T10:05:47-05:00 2024-12-31 921372905 OPSAHL DAWSON 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2024-01-01 910573334 CREDIT UNIONS IN THE STATE OF WASHINGTON EXPRESS CREDIT UNION CRED 2066221850 PO BOX 94286 SEATTLE WA 98124 HELEN GIBSON CHIEF EXECUTIVE OFFICER 2066221850 2025-10-28 1 0 LINDSEY SAS CPA P01620141 4258891778 2025-10-28 2024 2025-03-06 01:10:19Z HELEN GIBSON PO BOX 94286 SEATTLE WA 98124 3689190 0 X WWW.EXPRESSCU.ORG X 1934 WA OUR MISSION IS TO COLLABORATE WITH COMMUNITY TO CREATE ACCESS TO FINANCIAL OPPORTUNITIES. 6 6 17 15 0 0 1114276 1887456 1156132 1332019 101737 192262 321589 276399 2693734 3688136 0 0 0 0 1115291 1463021 0 0 0 1544886 2170843 2660177 3633864 33557 54272 22124185 27245272 1232654 23868917 20891531 3376355 OUR MISSION IS TO PROVIDE AFFORDABLE CREDIT UNION FINANCIAL SERVICES TO LOW AND MODERATE INCOME PEOPLE IN WASHINGTON AND IN DOING SO, HELP THEM BUILD ASSETS AND ACHIEVE FINANCIAL STABILITY. 0 0 OPERATIONAL SERVICES FOR CREDIT UNION MEMBERS. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 967 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X EXPRESS CREDIT UNION 2066221850 1930 6TH AVE S SUITE 104 SEATTLE WA 98134 SARAH SLONSKY BOARD CHAIRMAN 4.00 X X 0 0 0 AARON BRESKO VICE CHAIRMAN 2.00 X X 0 0 0 ANGELA LOWE SECRETARY 2.00 X X 0 0 0 MATTHEW DRAPER DIRECTOR 2.00 X 0 0 0 JOAN GERAGHTY DIRECTOR 2.00 X 0 0 0 VAUGHNETTA BARTON DIRECTOR 2.00 X 0 0 0 HELEN GIBSON PRESIDENT/CEO 48.00 X 84683 0 8726 ELIZABETH ESCOBAR CHIEF BUSINESS OFFICER 45.00 X 109084 0 12355 PAUL BAUDIN PRESIDENT/CEO (FORMER) 48.00 X 175189 0 2231 368956 0 23312 2 1 1 0 0 292818 1594638 1887456 LOAN INTEREST INCOME 523000 1332019 1332019 1332019 193316 193316 1054 -1054 -1054 -1054 SERVICES CHARGES 523000 141329 141329 INTERCHANGE SERVICE CH 523000 135070 135070 276399 3688136 1607364 0 193316 368956 805774 186325 101966 15132 6093 67168 2926 84387 193066 159870 257432 111004 9803 9827 484826 52167 25350 PROVISION FOR LOAN LOSS 354525 LOAN SERVICING 283270 MISCELLANEOUS OPERATING 51771 REGULATORY FEES 2226 3633864 135542 229856 2321919 5062220 18880114 17476403 286089 432454 661175 538231 207837 122944 0 3494423 292684 426972 22124185 27245272 174217 314808 808437 0 250000 0 0 23554109 1232654 23868917 X 17569447 0 0 0 3322084 3376355 20891531 3376355 22124185 27245272 X 54272 -17569448 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127384 116523 10861 533791 421708 112083 122944 CATALYST MEMBER CAPITAL 4423 F SAVING LOAN 3490000 F 3494423 MEMBER SHARES 23554109 23554109 3688136 0 3688136 0 3688136 3632810 0 3632810 1054 1054 3633864 PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET X X X 0 0 0 PAUL BAUDIN PRESIDENT/CEO (FORMER) 163568 0 10730 0 891 0 0 0 2231 0 177420 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION IS A MEMBER OWNED CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS CONVENE AN ANNUAL BUSINESS MEETING TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CEO FOR ACCURACY ONCE IT IS PREPARED. THE MEMBER OF THE BOARD OF DIRECTORS AND THE SUPERVISORY COMMITTEE ARE INFORMED WHEN THE 990 IS COMPLETED. IT IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. ALL EMPLOYEES ALSO REVIEW THE POLICY AND SIGN OFF ON IT. AN ANONYMOUS PORTAL IS AVAILABLE FOR ANYONE TO USE TO REPORT POTENTIAL VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE CEO HAS AN ANNUAL PERFORMANCE REVIEW, AND THE BOARD MAKE DECISIONS ON COMPENSATION BASED ON PERFORMANCE, THE EMPLOYMENT MARKET, INTERNAL EQUITY, AND STRATEGIC GOALS. ALL EMPLOYEES, INCLUDING THE CHIEF BUSINESS OFFICER AND CHIEF OPERATIONS OFFICER, HAVE THEIR COMPENSATION DETERMINED THROUGH A REVIEW OF THE MARKET AND THE RESPONSIBILITIES OF THE ROLE TO DETERMINE THE APPROPRIATE COMPENSATION. PRIOR YEAR PERFORMANCE IS ALSO CONSIDERED WHEN DETERMINING ANY INCREASE IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND AT THE ANNUAL MEMBERSHIP MEETINGS. FORM 990, PART XII, LINE 2C: THE CREDIT UNION'S SUPERVISORY COMMITTEE IS ALL VOLUNTEERS. THEY REVIEW OPERATIONAL DOCUMENTS TO ENSURE COMPLIANCE WITH RULES AND REGULATIONS. THEY ALSO ORDER AUDITS OR OPERATIONAL REVIEWS OF OPERATIONS FROM THIRD-PARTIES TO ENSURE PROCESSES ARE COMPLETE. FORM 990, PART XI, LINE 8 IN THE PRIOR YEAR, THE ORGANIZATION'S SHARE BALANCE WAS INCORRECTLY REPORTED ON FORM 990 AS CAPITAL STOCK (PART X, LINE 29). HOWEVER, AS A CREDIT UNION, MEMBER SHARES REPRESENT A LIABILITY AND SHOULD PROPERLY RECORDED AS SUCH IN THE ORGANIZATION'S FINANCIAL STATEMENTS. IN THE CURRENT YEAR, THE FORM 990 PRESENTATION HAS BEEN CORRECTED TO ALIGN WITH THE ORGANIZATION'S ACCOUNTING RECORDS, RESULTING IN AN PRIOR PERIOD ADJUSTMENT TO THE RETAINED EARNINGS. THIS CORRECTION IS FOR REPORTING PURPOSES ONLY AND DOES NOT REFLECT ANY CHANGE IN THE ORGANIZATION'S ACTUAL FINANCIAL POSITION, OPERATIONS, OR EXEMPT STATUS.