Verity Credit Union
SEE SCHEDULE OA COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, VERITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$771.4M
-8.2% YoY
Annual Giving
$75K
Grant Count
5
Avg Grant Size
$15K
About Verity Credit Union
Based on IRS filings
Verity Credit Union is a nonprofit organization, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $771.4M in total assets. In 2024, it awarded 5 grants totaling $75K. Net investment income was $7.6M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $771,402,594 | $840,507,603 | $865,179,017 |
| Revenue | $48,232,886 | $45,304,618 | $38,343,946 |
| Expenses | $47,200,102 | $45,018,854 | $30,623,047 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,597,599 | $1,663,524 | $1,395,970 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Acts on Stage Theater Inc ($30,000), Gowest Foundation ($20,000), The Housing Development Consortium ($9,750).
| Recipient | Purpose | Amount |
|---|---|---|
| GOWEST FOUNDATION SEATAC, WA | CHARITABLE DONATION | $20,000 |
| THE HOUSING DEVELOPMENT CONSORTIUM SEATTLE, WA | SPONSORSHIP FOR VARIOUS INITIATIVES | $9,750 |
| ACTS ON STAGE THEATER INC SEATTLE, WA | TSM EXECUTIVE SPONSORSHIP | $30,000 |
| THIRD STONE SEATTLE, WA | BUMBERSHOOT MUSIC FESTIVAL | $7,500 |
| PEACE PELOTON SEATTLE, WA | PEACE PELOTON HARMONY HUSTLE SPONSHORSHIP | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TONITA WEBB | PRESIDENT - CEO | 40 | $579,850 |
| BRAD TANBERG | CHIEF FINANCIAL OFFICER (THRU 12/24) | 40 | $316,281 |
| KEN BUTLER | DIRECTOR OF INVESTMENT SERVICES | 40 | $274,167 |
| ALMA GRANIC | CHIEF RISK OFFICER | 40 | $267,774 |
| TINA NARRON | CHIEF LENDING OFFICER (THRU 9/24) | 40 | $264,612 |
| ZIQUORA BANKS | CHIEF IMPACT STRATEGY OFFICER | 40 | $225,684 |
| JOSH SIDELL | CHIEF EXPERIENCE OFFICER | 40 | $224,765 |
| BRENT RICHINS | VICE PRESIDENT OF OPERATIONS | 40 | $192,121 |
| JAVIER D'AGUSTINI | CONTROLLER | 40 | $182,498 |
| DALE MORRIS | VICE PRESIDENT OF RETAIL OPERATIONS | 40 | $179,150 |
| PIERJEA LYON | DIRECTOR OF HR | 40 | $170,777 |
| WILL COLLINS | CHAIR PERSON | 5 | — |
| MICHELLE PHAM | VICE CHAIRPERSON | 5 | — |
| NICHOLAS ETSCHEID | BOARD SECRETARY | 5 | — |
| DARIUS CHEHRZAD | BOARD MEMBER | 5 | — |
| VIKASH CHHAGAN | BOARD MEMBER | 5 | — |
| TOM HOLZ | BOARD MEMBER | 5 | — |
| ALEX JOHNSON | BOARD MEMBER | 5 | — |
| CHAD KLEMME | BOARD MEMBER | 5 | — |
| WELEY NGUYEN | BOARD MEMBER | 5 | — |
| NANCY WOODLAND | BOARD MEMBER (THRU 2/24) | 5 | — |
Frequently Asked Questions
How large is Verity Credit Union?
As of 2024, Verity Credit Union holds $771.4M in total assets with $48.2M in annual revenue. It awarded 5 grants totaling $75K in 2024.
Where does Verity Credit Union operate?
Verity Credit Union has awarded grants in Washington.
What size grants does Verity Credit Union award?
In 2024, Verity Credit Union awarded 5 grants totaling $75K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Verity Credit Union's EIN?
Verity Credit Union's EIN (Employer Identification Number) is 91-0219005. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Verity Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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