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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 91-1649328

Northwest Credit Union Foundation

SEATAC, WANTEE: P00ZFounded 1993Website

mission statement

Powered by a network of credit unions, we are uniquely positioned to harness and deliver resources that strengthen the financial lives of people and communities operating in arizona, colorado, idaho, oregon, washington and wyoming.

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Total Revenue

$13.5M

FY 2024

Program Spending

93.9%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$11.8M

Total Assets

$10.4M net

9.63 mo

Operating Reserves

FY 2024

+519%

Revenue Growth

YoY

Sector

NTEE P00Z

Funding Track Record

Backed by 28 Institutional Funders

$2.2M raised across 71 grants (2019–2024 filings)

Funder Geography

Funders across 8 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Credit Unions IN the State of Washington	TUKWILA, WA	$453,918
The Oregon Community Foundation	Portland, OR	$250,000
Unitus Community Credit Union	PORTLAND, OR	$235,185
Potlatch No 1 Financial Credit Union	LEWISTON, ID	$164,614
Credit Unions IN the State of Washington	RICHLAND, WA	$162,429
Onpoint Community Credit Union	PORTLAND, OR	$138,500
Credit Unions IN the State of Washington	TACOMA, WA	$136,635
Credit Unions IN the State of Washington	OLYMPIA, WA	$114,875
Meyer Memorial Trust	PORTLAND, OR	$74,800
Credit Unions IN the State of Washington	SPOKANE VALLEY, WA	$72,504

Total tracked: $2,220,857 across 71 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$1.1M in expenses

The grants development program and public education program provided funds to credit unions and their staff for programs and education focused on improving the financial lives of people and communities across the region.

$11.0M in expenses

Program grant funds were obtained from the washington state department of commerce, pursuant to the u.s. Department of the treasury's coronavirus state and local fiscal recovery funds (slfrf) program. These funds were utilized to advance inclusive economic development by facilitating access to credit and capital for underserved entrepreneurs. The pilot program was intentionally designed to distribute grant funding in a manner that simultaneously supports credit-building for targeted recipients. By doing so, the initiative aims to strengthen the financial stability of individuals and small businesses in historically marginalized communities, fostering long-term economic resilience and upward mobility.

Financial History