EIN 91-0219435

Credit Unions in the State of Washington Boeing Employees Credit Union (BECU)

IRS 501(c) type
501(c)(14)
Num. employees
3,629
Year formed
1935
Most recent tax filings
2023-12-01
Description
BECU is a cooperative society organized under Washington law as a nonprofit corporation for the purposes of promoting thrift among its members and creating a source of credit for them at fair and reasonable rates of interest.
Related structure
BECU is child organization, under the parent exemption from Credit Unions in the State of Washington / Division of Credit Unions.
Also known as...
Boeing Employees' Credit Union Becu; Snohomish County Pamona Number 12; Boeing Employees Credit Union; White Knuckle 4x4
Total revenues
$1,537,981,153
2023
Total expenses
$1,358,881,191
2023
Total assets
$29,871,889,353
2023
Num. employees
3,629
2023

Program areas at BECU

Total 1,457,207 members including 131,000 new members for 2023; 170,309 loans originated totalling $6,600,000,000.

Grants made by BECU

GranteeGrant descriptionAmount
BECU FoundationOperations for the Becu Foundation$2,283,772
American Online Giving FoundationDonation$960,900
Expresss Credit UnionSupport$592,818
...and 159 more grants made totalling $8,759,703

Personnel at BECU

NameTitleCompensation
Beverly AndersonPresident and Chief Executive Officer , Becu Board$1,495,789
Drew WolffExecutive Vice President and Chief Financial Officer$285,000
Nathan RamachandranExecutive Vice President and Chief Technology Officer
Rick EielExecutive Vice President and Chief Data and Analytics Officer
Raquel KarlsExecutive Vice President and Chief People Officer$260,875
...and 39 more key personnel

Financials for BECU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,115,615,728
Investment income and dividends$403,288,600
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-1,211,944
Net gain from sale of non-inventory assets$19,776,640
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$512,129
Total revenues$1,537,981,153

Form 990s for BECU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122023-05-15990View PDF
2020-122021-11-15990View PDF
...and 13 more Form 990s
Data update history
January 24, 2025
Updated personnel
Identified 1 new personnel
October 3, 2024
Updated personnel
Identified 8 new personnel
August 12, 2024
Updated personnel
Identified 1 new personnel
August 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
12770 Gateway Dr S
Tukwila, WA 98168
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
becu.org/ 
Phone
(800) 233-2328
Twitter profile
@becu 
IRS details
EIN
91-0219435
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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