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.
Verity Credit Union at a glance
In short: Verity Credit Union gave $75K across 5 grants in 2024 (avg $15K), mostly in Washington. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $74,750
- Grants made (2024)
- 5
- Average grant
- $14,950
- Median grant
- $9,750
- Total assets
- $771,402,594
- -8.2% vs 2023
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
Who Verity Credit Union funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Acts on Stage Theater Inc ($30K). Together the top 5 received $75K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 5 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Acts on Stage Theater Inc Seattle, WA | TSM Executive Sponsorship | $30,000 |
| Gowest Foundation Seatac, WA | Charitable Donation | $20,000 |
| The Housing Development Consortium Seattle, WA | Sponsorship for Various Initiatives | $9,750 |
| Third Stone Seattle, WA | Bumbershoot Music Festival | $7,500 |
| Peace Peloton Seattle, WA | Peace Peloton Harmony Hustle Sponshorship | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $771,402,594 | $48,232,886 | $47,200,102 | $74,750 | 5 | $7,597,599 |
| 2023 | $840,507,603 | $45,304,618 | $45,018,854 | — | — | $1,663,524 |
| 2022 | $865,179,017 | $38,343,946 | $30,623,047 | — | — | $1,395,970 |
| 2021 | $786,265,441 | $35,849,734 | $28,147,812 | — | — | $999,427 |
| 2020 | $692,415,165 | $32,916,475 | $31,338,323 | — | — | $1,015,108 |
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.
Leadership & Key People
Officers and directors from IRS filings
Verity Credit Union is led by Tonita Webb, President - CEO since 2023 (on filings since 2021); 11 of 21 officers listed in 2024 are compensated.
Officers on the 2024 filing
Tonita Webb
President - CEO
Chief Executive Officer → President - CEO, 2023
On filings since 2021
40 hrs/week
$380K (2021) → $580K (2024)
Will Collins
Chair Person
Board Member → Chair Person, 2024
On filings since 2023
5 hrs/week
No compensation reported
Ken Butler
Director of Investment Services
On filings since 2020
40 hrs/week
$170K (2020) → $274K (2024)
Pierjea Lyon
Director of Hr
New on the 2024 filing
40 hrs/week
$171K (2024)
Brad Tanberg
Chief Financial Officer
On filings since 2020
40 hrs/week
$221K (2020) → $316K (2024)
Tina Narron
Chief Lending Officer
On filings since 2020
40 hrs/week
$207K (2020) → $265K (2024)
Alma Granic
Chief Risk Officer
On filings since 2023
40 hrs/week
$233K (2023) → $268K (2024)
Javier D'agustini
Controller
On filings since 2023
40 hrs/week
$164K (2023) → $182K (2024)
Josh Sidell
Chief Experience Officer
On filings since 2023
40 hrs/week
$213K (2023) → $225K (2024)
Ziquora Banks
Chief Impact Strategy Officer
On filings since 2023
40 hrs/week
$213K (2023) → $226K (2024)
Brent Richins
Vice President of Operations
New on the 2024 filing
40 hrs/week
$192K (2024)
Dale Morris
Vice President of Retail Operations
New on the 2024 filing
40 hrs/week
$179K (2024)
Michelle Pham
Vice Chairperson
Board Member → Vice Chairperson, 2021
On filings since 2020
5 hrs/week
No compensation reported
Nancy Woodland
Board Member
Board Member → Chairperson, 2021
Chairperson → Board Member, 2023
On filings since 2020
5 hrs/week
No compensation reported
Nicholas Etscheid
Board Secretary
Board Member → Board Secretary, 2021
On filings since 2020
5 hrs/week
No compensation reported
Chad Klemme
Board Member
On filings since 2021
5 hrs/week
No compensation reported
Vikash Chhagan
Board Member
On filings since 2021
5 hrs/week
No compensation reported
Alex Johnson
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Darius Chehrzad
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Tom Holz
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Weley Nguyen
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Former officers (33)
- Former: Angela Lowe (2020–2023) — Chief Human Resource
- Former: Jason Hirl (2020–2023) — Chief Technology Officer
- Former: John Benner (2020–2023) — Director of Small Business
- Former: Pelin Muharremoglu (2021–2023) — Board Member
- Former: Greg Vermilion (2023) — Director of It
- Former: Paul McJannet (2023) — Director of E-Commerce
- Former: Michael Grenetz (2020–2022) — Board Member
- Former: Benner John (2022) — Director of Small Business
- Former: Butler Ken (2022) — Director of Investment Services
- Former: Hirl Jason (2022) — Chief Technology Officer
- Former: Lee Jae Ho (2022) — Director of Research
- Former: Lowe Angela (2022) — Chief Human Resource Officer
- Former: Martin Justin W. (2022) — Executive Vice President
- Former: McJannet Paul (2022) — Director of E-Commerce
- Former: Narron Tina (2022) — Chief Lending Officer
- Former: Sidell Josh (2022) — Chief Experience Officer
- Former: Tanberg Brad (2022) — Chief Financial Officer
- Former: Vermilion Greg (2022) — Director of It
- Former: Webb Tonita (2022) — President - CEO
- Former: Benjamin Lundell (2020–2021) — Vice Chairperson
- Former: Chris D'abreau (2020–2021) — Board Member
- Former: Eric Esteban (2020–2021) — Board Member
- Former: Evan Gay (2020–2021) — Board Secretary
- Former: Gregory Vermillion (2020–2021) — Director of Information Technology
- Former: Heidi Wesley-Cleveland (2020–2021) — Chief Marketing Officer
- Former: John Zmolek (2020–2021) — Chief Executive Officer
- Former: Joshua Sidell (2020–2021) — Director of Member Experience
- Former: Justin Martin (2020–2021) — Executive Vice President
- Former: Zachary Gose (2020–2021) — Chairperson
- Former: Dan Strandy (2020) — Board Member
- Former: Dan Young (2020) — Board Member
- Former: Jae Lee (2020) — Director of Research & Analysis
- Former: Karen Hunt (2020) — Board Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $580K, to Tonita Webb (President - CEO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Verity Credit Union
How much does Verity Credit Union give each year?
Verity Credit Union gave $75K across 5 grants in 2024, according to its 2024 IRS Form 990 filing.
What is Verity Credit Union's typical grant size?
Verity Credit Union's median grant in 2024 was $9,750, and its average grant was $14,950, across 5 grants on its 2024 IRS Form 990 filing.
Where does Verity Credit Union give grants?
Verity Credit Union gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Seattle, WA (4 grants).
Does Verity Credit Union give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Verity Credit Union's 2024 IRS Form 990 filing were described as general or operating support.
Who are Verity Credit Union's largest grantees?
Verity Credit Union's largest 2024 grantees include Acts on Stage Theater Inc ($30,000), Gowest Foundation ($20,000) and The Housing Development Consortium ($9,750), according to its 2024 IRS Form 990 filing. Together they received 80% of its itemized 2024 grant dollars.
How large is Verity Credit Union?
Verity Credit Union reported $771.4M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $48.2M.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Verity Credit Union's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Washington
Credit Unions in the State of Washington
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BECU supports financial literacy and education, college access, workforce development, entrepreneurship, and housing stability and homeownership, with most reported grant dollars going to Washington recipients. In 2024, grants ranged from $5,000 to $2,595,467, with a median of $15,000. Its website offers a philanthropy application, but does not say whether unsolicited requests are accepted.
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Rogue Credit Union
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Rogue Credit Union supports local programs focused on youth, families, education, and community sustainability, with most giving directed to Oregon communities. Its 2024 grants ranged from $5,190 to $278,165, with a median of $13,945. It accepts donation and sponsorship requests through its Giving Local form each year from September 1 to November 15.
Assets
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Total Given
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Potlatch NO1 Financial Credit Union
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Potlatch No1 Financial Credit Union supports community organizations working in education, youth development, health care, social welfare, food assistance, and community services. In 2024, its 20 grants ranged from $5,055 to $200,000, with a median of $16,066, and went to organizations in Idaho and Washington; it serves communities across Idaho, Oregon, and Washington. It invites community giving requests from nonprofits, but the available information does not specify a general application process.
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Unitus Community Credit Union
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Unitus Community Credit Union funds education and financial knowledge, economic development, and relief and recovery, with grants also supporting needs such as housing, food access, and environmental conservation. Its 2024 grants were typically $25,000 (median), ranging from $9,749 to $85,000, and went mostly to Oregon organizations; it also serves Washington. No policy on unsolicited requests is stated.
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Grousemont Foundation
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The Grousemont Foundation funds community-led work in social justice, community needs, civic engagement, and climate and environmental justice, including arts, education, health, and human services. Its grants generally focus on the Puget Sound region; in 2024, the median grant was $25,000, though awards ranged from $500 to $1.25 million. It does not accept unsolicited requests and awards grants by invitation only.
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Dean Foundation Inc
Colorado Springs, CO
The Dean Foundation supports preselected charitable organizations across education, health, arts, environmental protection, human services, and related areas, with grants reported across multiple states, especially Delaware, Washington, and Colorado. Its 2025 grants ranged from $200 to $17,500, with a median of $1,000. It does not accept unsolicited requests.
Assets
$1.8M
Grants
61
Total Given
$135K
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
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Verity Credit Union down — hundreds of funders to go?