Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1954.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
21 people listed on the 990; $2.9M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Tonita Webb | $579,850 | $585,855 | — | $380,134 | — |
| Webb Tonita | — | — | $551,167 | — | — |
| John Zmolek | — | — | — | $230,752 | $444,253 |
| Brad Tanberg | $316,281 | $330,565 | — | $217,529 | $220,788 |
| Ken Butler | $274,167 | $232,076 | — | $199,613 | $169,726 |
| Tanberg Brad | — | — | $273,440 | — | — |
| Alma Granic | $267,774 | $232,846 | — | — | — |
| Tina Narron | $264,612 | $249,419 | — | $202,618 | $207,045 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II2 listed
Programs and updates
Promotes thrift and savings among its members through cooperation.
Know this organization? Claim it to add your story
Verity credit union is a washington state chartered credit union that serves 36,530 member owners. Verity's primary field of membership includes all individuals that reside, work, worship, or attend school in any washington state school district.
Verity credit union offers a full-service investment program with three registered investment representatives and a support representative. As of december 31, 2024, verity's investment services program had 1,071 members who have 2,203 accounts, and $257,296,828 in assets under management.
Verity credit union offers free financial counseling to its members. Specific services include financial planning, debt modification on loans from verity and other creditors, and direct assistance in utilizing the government sponsored mortgage relief programs.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $59.9M | $112.6M |
| InvestmentsLn 11–13 | $27.1M | $16.8M |
| Land, buildings, equipmentLn 10c | $6.9M | $5.3M |
| Total assetsLn 16 | $829.4M | $771.4M |
| LiabilitiesLn 26 | $759.0M | $699.5M |
| Net assetsLn 32 | $70.5M | $71.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $185K | |||
| Pay of current officers, directors and key staffLn 5 | $2.0M | |||
| Other salaries and wagesLn 7 | $9.7M | |||
| Pension plan contributionsLn 8 | $508K | |||
| Other employee benefitsLn 9 | $1.2M | |||
| Payroll taxesLn 10 | $538K | |||
| Legal feesLn 11b | $437K | |||
| Accounting feesLn 11c | $345K | |||
| Other fees for servicesLn 11g | $4.6M | |||
| Advertising and promotionLn 12 | $1.1M | |||
| Office expensesLn 13 | $2.0M | |||
| Information technologyLn 14 | $4.5M | |||
| OccupancyLn 16 | $1.4M | |||
| TravelLn 17 | $51K | |||
| Conferences, conventions and meetingsLn 19 | $201K | |||
| InterestLn 20 | $8.3M | |||
| Depreciation, depletion and amortizationLn 22 | $746K | |||
| InsuranceLn 23 | $242K | |||
| Other expenses (24a–d)Ln 24 | $7.8M | |||
| All other expensesLn 24e | $1.4M | |||
| Total functional expensesLn 25 | $47.2M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $48.2M | $47.2M | $1.0M | $71.9M | 990 PDF |
| FY2023 | $45.3M | $45.0M | $286K | $78.6M | 990 PDF |
| FY2022 | $38.3M | $30.6M | $7.7M | $71.6M | 990 PDF |
| FY2021 | $35.8M | $28.1M | $7.7M | $66.2M | 990 PDF |
| FY2020 | $32.9M | $31.3M | $1.6M | $59.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $48,232,886 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $48,232,886 across 5 lines filed
Part IX · Statement of functional expenses $47,200,102 across 20 lines filed
Part X · Balance sheet $771,402,594 assets, 15 lines filed
Part XI · Reconciliation of net assets $71,856,799 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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