Stcu
Legal name: Spokane Teachers Credit Union
Nonprofit profile at a glance
- EIN
- 910565128
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Spokane, WA, US
- Phone
- (800) 858.3750
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $343,405,605
- Expenses
- $339,361,008
- Assets
- $5,841,118,982
- Liabilities
- $5,346,175,718
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- Ezra Eckhardt (President and CEO)
- Scott Rabe (Senior Vice President)
- Patricia Kelly (Senior Vice President)
- Joseph Yetter (Senior Vice President)
- Christopher Severin (Senior Vice President)
- Angela Swenseid (Senior Vice President)
Highest reported compensation
- Ezra Eckhardt (President and CEO): $1,534,719 total reported compensation
- Lindsey Myhre (EVP & CFO): $728,910 total reported compensation
- Patricia Baughman (CDO): $495,032 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Not explicitly stated on the homepage, but the site emphasizes 'Here for Good' as a key phrase.
What it reported doing in 2024
STCU provides share and deposit products, including checking, savings, money market, certificates, and IRA/Keogh accounts. At December 31, 2024, STCU had total share and deposit balances of $4,817,596,713 representing 442,509 individual accounts. STCU paid members dividends on their share and deposit accounts $67,721,489 in 2024. STCU earns various fees on transactions, balances or other financial products as outlined in the membership agreement or published fee schedules.
Operating model
- Revenue model
- Earned-program. 92% 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 96
- Accountability: 100
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- 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: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.2%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 17.21; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 10.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $1.5M · 31 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.1M reported
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 89 filed money-flow records
- Related organizations: 41 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.