Credit Unions in the State of Washington
Credit Unions in the State of Washington is a 501(c)(14) public charity and parent organization serving as an umbrella entity for credit unions operating throughout Washington State. The organization is based in Olympia, Washington and operates as a not-for-profit cooperative structure. It serves as the parent exemption organization for 62 child credit union organizations across the state.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3B
+1.6% YoY
Annual Giving
$622K
-22.9% YoY
Grant Count
21
-34.4% YoY
Avg Grant Size
$30K
+17.4% YoY
Mission & Focus Areas
The organization's stated purpose is to promote thrift among its members and to create a source of credit for them at legitimate rates of interest for provident, productive and educational purposes.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The organization prioritizes funding in Washington and Oregon.
Grantmaking
Credit Unions in the State of Washington engages in grantmaking activities with typical award ranges of $5,100 to $341,075.
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Geographic Focus
Where this funder awards grants
The organization's grantmaking priorities focus primarily on Washington and Oregon.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total Assets: $4,269,782,992
- Total Revenues: $237,650,989 (2023)
- Total Expenses: $205,361,196 (2023)
- Net Income: $32,289,793 (2023)
- Net Assets: $386,399,963 (2023)
- Total Giving: $1,657,467
Revenue Composition (2023):
- Program Services: $216,211,648 (91.0% of total revenue)
- Investment Income: $20,850,664 (8.8% of total revenue)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,269,782,992 | $4,200,889,028 | $2,252,123,510 |
| Revenue | $318,637,000 | $237,650,989 | $119,511,993 |
| Expenses | $292,369,538 | $205,361,196 | $93,765,436 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,246,134 | $21,407,516 | $8,396,035 |
| 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 10 recipients in 2024
Grant Size Distribution
94 grants across all recorded years
Open Grants
1 open opportunity from Credit Unions in the State of Washington
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID RAINWATER | CHAIR (UNTIL 3/27/2024) | 1 | $14,088 |
| THOMAS PETTUS-CZAR | CHAIR (EFFECTIVE 3/27/2024) | 1 | $15,015 |
| RON HASTIE | VICE CHAIR (UNTIL 3/27/2024) | 1 | $13,658 |
| KIM MARTIN | VICE CHAIR (EFFECTIVE 3/27/2024) | 1 | $13,183 |
| MARK NEARY | SECRETARY (EFFECTIVE 3/27/2024) | 1 | $12,598 |
| JON RUIZ | AT LARGE | 1 | $14,053 |
| BRAD ANDERSON | DIRECTOR | 1 | $10,255 |
| BARBARA BLACKMORE | DIRECTOR | 1 | $10,302 |
| DONNA FELICIANO | DIRECTOR | 1 | $12,873 |
| BRIAN HURLEY | DIRECTOR | 1 | $12,261 |
| JENA MILLER | DIRECTOR | 1 | $16,871 |
| DARCY PHILLIPS | DIRECTOR (EFFECTIVE 6/26/2024) | 1 | $7,500 |
| GAYLA GJERTSEN | DIRECTOR | 1 | $5,468 |
| RICHARD LEUNG | DIRECTOR | 1 | $5,931 |
| JEFF KENNEDY | CEO/TREASURER | 40 | $5,897,502 |
| JOHN IGLESIAS | PRESIDENT | 40 | $3,225,161 |
| KIMBERLY STEEPY | CHIEF FINANCIAL OFFICER | 40 | $437,430 |
| KYNDAL HARRIS | CHIEF EXPERIENCE OFFICER | 40 | $332,728 |
| TAMMY TEETER | CHIEF ADMINISTRATIVE OFFICER | 40 | $366,994 |
| CHERYL CROW | CHIEF REVENUE OFFICER | 40 | $418,611 |
| KENNETH MYHRA | CHIEF DIGITAL & PAYMENTS OFFICER | 40 | $395,075 |
| ALAN PITCHER | CHIEF INFORMATION OFFICER | 40 | $403,282 |
| KENNETH KENDO SANTOS | CHIEF RISK OFFICER | 40 | $364,325 |
| JEFFREY YODER | CHIEF ACCOUNTING OFFICER | 40 | $366,759 |
| DEBRA GILDNER | VP OF ACCOUNTING & FINANCE | 40 | $288,047 |
| PATRICE KRUGER | VP OF CHANNEL SERVICES | 40 | $288,009 |
| RACARDO MCLAUGHLIN | VP OF MORTGAGE LENDING | 40 | $300,361 |
| JAMIE MULLENIX | VP OF ORGANIZATIONAL DEVELOPMENT | 40 | $244,900 |
| CASEY RIES | VP OF INTERNAL AUDIT | 40 | $284,426 |
| DIANE SOKOLIK | VP OF CONSUMER LENDING | 40 | $244,399 |
| SHERWIN WRAY | VP OF INVESTMENT SERVICES | 40 | $261,903 |
| JENNIFER ADAMS | VP OF PEOPLE & CULTURE | 40 | $265,949 |
| TERRY HAGIO | VP OF TECHNOLOGY SERVICES & SOLUTIONS | 40 | $292,740 |
| MATTHEW WADE | VP OF RESIDENTIAL LENDING | 40 | $280,534 |
| GEORGE WILLIAMS | VP OF TECH OPERATIONS & INFORMATION SECURITY | 40 | $276,865 |
| AARON PALMER | CHIEF REVENUE OFFICER | 40 | $609,568 |
| LAURIE KRESL | VP OF MARKETING | 40 | $261,715 |
| KATE LANGE | SENIOR INVESTMENT SERVICES ADVISOR | 40 | $289,792 |
| TODD DIETMEYER | SENIOR INVESTMENT SERVICES ADVISOR | 40 | $283,520 |
| CANDICE INSKEEP | DIRECTOR OF BUSINESS SERVICES | 40 | $260,953 |
| LOREN CAMP | FINANCIAL ADVISOR | 40 | $249,362 |
| MICHELLE LYNN | VP OF RISK MANAGEMENT | 40 | $253,417 |
Contact Information
- Address: PO Box 207, Olympia, WA 98507-0207
- Phone: 360-352-5033
- Website: loggerscu.com
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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