EIN 91-0576399

iQ Credit Union (IQCU)

IRS 501(c) type
501(c)(14)
Num. employees
484
Year formed
1940
Most recent tax filings
2022-12-01
Description
Founded by teachers in 1940, the iQ Credit Union of today stands for financial intelligence and demonstrates their continued commitment to the educational community and community as a whole — a commitment that shows in everything they do.
Related structure
IQCU is child organization, under the parent exemption from Credit Unions in the State of Washington / Division of Credit Unions.
Total revenues
$92,392,104
2022
Total expenses
$68,013,244
2022
Total assets
$2,008,224,369
2022
Num. employees
484
2022

Program areas at IQCU

Provide financial services to 102,478 members. These services include, but are not limited to, providing real estate and other secured/ unsecured consumer loans, checking and savings programs, and Credit card services.

Grants made by IQCU

GranteeGrant descriptionAmount
Greater Vancouver Chamber of CommerceGeneral Support$12,500
The Parks and Recreation Foundation of Vancouver and Clark CountyGeneral Support$8,000

Personnel at IQCU

NameTitleCompensation
Eric PetraccaPresident and Chief Executive Officer / Senior Vice President , Chief Operations Officer / Chief Operations Officer / Senior Vice President of Enterprise Risk Management / Senior Vice President Enterprise Risk Management$726,472
Dan MedakChief Financial Officer$266,200
Jon DavisVice President Investment Services / Financial Investments Manager / Financial Investment Staff$208,624
Jeremy WiersmaVice President Business Services$222,703
Denis MarshVice President of Insurance Services / Vice President Insurance Services$203,738
...and 14 more key personnel

Financials for IQCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$86,126,385
Investment income and dividends$2,762,897
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-15,487
Net gain from sale of non-inventory assets$3,002,538
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$515,771
Total revenues$92,392,104

Form 990s for IQCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-02-10990View PDF
2017-122019-03-15990View PDF
...and 8 more Form 990s

Organizations like IQCU

OrganizationLocationRevenue
Numerica Credit UnionSpokane Valley, WA$175,521,623
Washington State Employees Credit Union (WSECU)Olympia, WA$218,232,879
O Bee Credit UnionLacey, WA$27,675,853
Whatcom Educational Credit UnionBellingham, WA$98,737,059
Gesa Credit UnionRichland, WA$219,180,132
TAPCO Credit UnionTacoma, WA$26,389,919
Sound Credit UnionTacoma, WA$118,091,214
TwinStar Credit UnionOlympia, WA$119,511,993
Qualstar Credit UnionBothell, WA$35,866,616
Harborstone Credit UnionTacoma, WA$76,742,957
Data update history
January 2, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Updated personnel
Identified 7 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
PO Box 1739
Vancouver, WA 98668
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Clark County, WA
Website URL
iqcu.com/ 
Phone
(360) 695-3441
Facebook page
iQCreditUnion 
Twitter profile
@iqcreditunion 
IRS details
EIN
91-0576399
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
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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