EIN 91-0659059

Harborstone Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
359
City
Year formed
1955
Most recent tax filings
2022-12-01
Description
Harborstone Credit Union operates as a member-owned, not-for-profit cooperative focused on providing needed financial services. Its programs include maintaining deposits on over 84,000 members and businesses accounts totaling $1.6 billion and providing loans for more than 37,000 members, totaling over $1 billion. The credit union exists to maintain trust and provide necessary financial services to its members.
Related structure
Harborstone Credit Union is child organization, under the parent exemption from Credit Unions in the State of Washington / Division of Credit Unions.
Also known as...
Credit Unions in the State of Washington Harborstone Credit Union
Total revenues
$76,742,957
2022
Total expenses
$62,794,019
2022
Total assets
$1,861,434,553
2022
Num. employees
359
2022

Program areas at Harborstone Credit Union

Providing consumer and mortgage loans for 39,446 members totaling $1,099,400,957.
Maintaining deposits on 86,432 members and business accounts totaling $1,664,063,308.
Providing business loans to 270 members totaling $219,079,566.

Grants made by Harborstone Credit Union

GranteeGrant descriptionAmount
Junior Achievement of WashingtonCreating A Storefront To Support and Educate Youth on Financial Services$60,650
Seattle Economic Development Fund Business Impact NWSupport Small Business and Wa State Graduates Starting Their Own Business$50,000
South Sound Outreach ServicesHelp Low Income Communities Through Financial Coaching, Services and Job Training$31,000
...and 10 more grants made

Personnel at Harborstone Credit Union

NameTitleCompensation
Geoff BullockPresident and Chief Executive Officer$263,388
Mark FairbanksSenior Vice President Chief Financial Officer$127,149
Theresa WalyorVice President It Systems$160,483
Jay OlsonVice President Business Banking$196,213
James GrecoVice President Consumer Lending / Vice President Credit Collections$179,392
...and 7 more key personnel

Financials for Harborstone Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$67,873,186
Investment income and dividends$7,856,444
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$111,896
Net gain from sale of non-inventory assets$-265,014
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,166,445
Total revenues$76,742,957

Form 990s for Harborstone Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-10-27990View PDF
2020-122021-11-08990View PDF
2019-122021-06-08990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
February 16, 2024
Updated personnel
Identified 5 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 4207
Tacoma, WA 98438
Metro area
Seattle-Tacoma-Bellevue, WA
County
Pierce County, WA
Website URL
harborstone.com/home/home 
Phone
(253) 589-8009
Facebook page
Harborstone 
Twitter profile
@harborstone 
IRS details
EIN
91-0659059
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
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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