90
Whatcom Educational Credit Union
Public Benefit · Bellingham, Washington
21 Bellwether Way Ste 111, Bellingham, WA 98225-2961
EIN: 910712539· Founded: Jul 1954· 72 years active· Filing Year: 2023
Annual Revenue
$138.1M
Total Expenses
$119.3M
Total Assets
$2.8B
Program Spending
94%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$4.4M
3.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$30.8M
Total Payroll
$35.2M
30% of total expenses
Where the Money Goes
94%
Programs: 94%
Payroll: 30%
Other overhead: 6%
Program Revenue$112.5M (81%)
Total Expenses$119.3M (86%)
Payroll$35.2M (30%)
Overhead (non-program)6%
Trust Score Breakdown
Program Spending Ratio
94% of expenses go to programs
Revenue & Stability
$138.1M annual revenue
Executive Compensation
$4.4M total officer comp (3.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.8B in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.