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Credit Unions In The State Of Washington

Lighthouse Community Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its May 2021 tax filing, this nonprofit:

Reported a significant diversion of assets
Organizations must report any significant unauthorized use of assets upon discovery. A diversion of assets is significant if it exceeds 5% of the organization's gross receipts or assets or $250,000, whichever is lower. Details must be reported on Schedule O.

Summary charts: organization finances over time

Revenue
$112k (2021)

Expenses
$358k (2021)

Total Assets
$0 (2021)

Total Liabilities
$0 (2021)

Years with missing data
Years with multiple filings
Source: Form 990 tax filings from 2012 to 2021

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$112,421
Expenses
$357,657
Net Income
-$245,236
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $195,626
> 100%
Investment Income $14,595
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$97,800
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,163
26.6%
Professional Fundraising Fees $0
Other Salaries and Wages $16,367
4.6%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Other
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Steve Bernhoft (Board Vice Chair, Presiden) $45,833 $0 $0
Jennifer Small (Board Member, Svp Branch) $31,250 $0 $0
Christine Close (Senior Loan Officer) $18,080 $0 $0
David Bristol (Board Chair) $0 $0 $0
Alan Hamilton (Board Member) $0 $0 $0
Cristhian Canseco (Board Treasurer And Secret) $0 $0 $0
Brett Bryant (Associate Board Memeber) $0 $0 $0
Sherri Falkner (Associate Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$953,372
Expenses
$880,385
Net Income
$72,987
Net Assets
$997,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,089
16.5%
Program Services $727,317
76.3%
Investment Income $48,191
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,775
2.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $193,992
22.0%
Professional Fundraising Fees $0
Other Salaries and Wages $44,127
5.0%
Assets/Debt
Total Assets $13,884,372
Total Liabilities $12,887,331
Net Assets $997,041
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Small (Board Member, Svp Branch) $67,303 $0 $0
Steve Bernhoft (Board Vice Chair, President) $63,828 $0 $0
Christine Close (Senior Loan Officer) $43,391 $0 $0
Chantelle Castle (Director Of Operations) $19,470 $0 $0
David Bristol (Board Chair) $0 $0 $0
Alan Hamilton (Board Member) $0 $0 $0
Cristhian Canseco (Board Treasurer And Secretary) $0 $0 $0
Brett Bryant (Associate Board Memeber) $0 $0 $0
Sherri Falkner (Associate Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,205,325
Expenses
$1,408,932
Net Income
-$203,607
Net Assets
$1,123,762
Notable Sources of Revenue Percent of Total Revenue
Contributions $487,269
40.4%
Program Services $683,062
56.7%
Investment Income $60,862
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,868
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $253,573
18.0%
Professional Fundraising Fees $0
Other Salaries and Wages $191,313
13.6%
Assets/Debt
Total Assets $13,596,665
Total Liabilities $12,472,903
Net Assets $1,123,762

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,150,736
Expenses
$844,678
Net Income
$306,058
Net Assets
$1,364,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
2.6%
Program Services $660,647
57.4%
Investment Income $26,033
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $434,056
37.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,863
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $205,241
24.3%
Assets/Debt
Total Assets $12,397,471
Total Liabilities $11,033,032
Net Assets $1,364,439

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$577,362
Expenses
$551,863
Net Income
$25,499
Net Assets
$1,021,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $551,910
95.6%
Investment Income $14,047
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $525
0.1%
Net Fundraising $0
Sales of Assets $4,000
0.7%
Net Inventory Sales $0
Other Revenue $6,880
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,372
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $158,815
28.8%
Assets/Debt
Total Assets $11,445,451
Total Liabilities $10,424,140
Net Assets $1,021,311

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$836,275
Expenses
$1,014,348
Net Income
-$178,073
Net Assets
$995,812
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $681,230
81.5%
Investment Income $8,875
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $960
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $145,210
17.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,163
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $216,438
21.3%
Assets/Debt
Total Assets $11,186,245
Total Liabilities $10,190,433
Net Assets $995,812
Compensation
Key Employees and Officers Compensation Related Other
Lori Olsen (President) $75,163 $0 $0
Cheryl Brown (Board Chairman) $0 $0 $0
Tony Brown (Board Member) $0 $0 $0
Cristhian Conseco (Board Member) $0 $0 $0
Jerry Claflin (Treasurer) $0 $0 $0
Al Mick (Secratary) $0 $0 $0
John Perkins (Board Member) $0 $0 $0
Toni Waser (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$859,888
Expenses
$730,768
Net Income
$129,120
Net Assets
$1,173,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $687,762
80.0%
Investment Income $6,352
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $960
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $164,814
19.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $76,614
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $195,452
26.7%
Assets/Debt
Total Assets $11,346,313
Total Liabilities $10,172,430
Net Assets $1,173,883
Compensation
Key Employees and Officers Compensation Related Other
Lori Olsen (President) $76,474 $0 $0
Tony Brown (Board Member) $0 $0 $0
Toni Waser (Board Member) $0 $0 $0
Jerry Claflin (Treasurer) $0 $0 $0
Al Mick (Secretary) $0 $0 $0
Cheryl Brown (Board Chairman) $0 $0 $0
Scott Butterfield (Board Member) $0 $0 $0
John Perkins (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$880,930
Expenses
$717,576
Net Income
$163,354
Net Assets
$1,044,763
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $626,855
71.2%
Investment Income $8,534
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $960
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $244,581
27.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,883
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $189,593
26.4%
Assets/Debt
Total Assets $11,015,611
Total Liabilities $9,970,848
Net Assets $1,044,763
Compensation
Key Employees and Officers Compensation Related Other
Lori Olsen (President) $64,883 $0 $0
Tony Brown (Board Member) $0 $0 $0
Toni Waser (Board Member) $0 $0 $0
Jerry Claflin (Secretary/Treasurer) $0 $0 $0
Al Mick (Board Member) $0 $0 $0
Cheryl Brown (Board Chairman) $0 $0 $0
Scott Butterfield (Board Member) $0 $0 $0
John Perkins (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$799,187
Expenses
$858,971
Net Income
-$59,784
Net Assets
$881,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $645,867
80.8%
Investment Income $7,772
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $145,548
18.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $59,541
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $156,634
18.2%
Assets/Debt
Total Assets $10,676,657
Total Liabilities $9,795,248
Net Assets $881,409

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$732,249
Expenses
$675,387
Net Income
$56,862
Net Assets
$941,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $567,783
77.5%
Investment Income $20,582
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,920
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $138,964
19.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $165,509
24.5%
Assets/Debt
Total Assets $11,043,733
Total Liabilities $10,102,540
Net Assets $941,193

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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