Numerica Credit Union
Nonprofit profile at a glance
- EIN
- 910863377
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2015
- Location
- Spokane Valley, WA, USA
- Phone
- 800.433.1837
- Rating confidence
- Limited
Reported finances
- Revenue
- $255,238,984
- Expenses
- $222,712,246
- Assets
- $4,000,919,961
- Liabilities
- $3,627,154,406
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- CARLA CICERO (PRESIDENT/CEO)
- NANCY ALMOND (NFS PRESIDENT)
Highest reported compensation
- CARLA CICERO (PRESIDENT/CEO): $1,063,097 total reported compensation
- TRAVIS SIMPSON (CHIEF RETAIL & DIGITAL OFFICER): $616,908 total reported compensation
- KELLEY FERGUSON (CHIEF ADMINISTRATION OFFICER): $565,053 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As a not-for-profit credit union owned by members, Numerica is here for your well-being. The philosophy of “people helping people” unites credit unions. That’s what happened in the late 1930s, when local railroad workers pooled modest savings in support of one another. This birthed the organization known today as Numerica. 1937** : Workers representing the Great Northern Railway and the Spokane, Portland & Seattle Railway form the **Great Northern Employees Credit Union** , serving members from the Hillyard Depot in Spokane. 1941** : 44 workers from numerous railway companies form **Railway Workers Credit Union** by pooling a total of $120.
What it reported doing in 2024
Provide financial services to 174,856 members. These services include, but are not limited to, providing real estate and other secured/unsecured consumer and business loans, checking and savings programs, and credit card services.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 54th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.7%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 17.96; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 10.5% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.1M · 35 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7.7M reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 139 filed money-flow records
- Related organizations: 51 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 21/100.