Kitsap Credit Union
Kitsap Credit Union is a not-for-profit, member-owned financial cooperative based in Bremerton, Washington. It provides financial services to members and supports community efforts addressing food, shelter, and financial wellbeing.
Kitsap Credit Union at a glance
In short: Kitsap Credit Union gave $354K across 8 grants in 2024 (avg $44K), mostly in Washington. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $354,196
- -24.0% vs 2023
- Grants made (2024)
- 8
- -20.0% vs 2023
- Average grant
- $44,275
- -5.0% vs 2023
- Median grant
- $13,013
- Total assets
- $2,320,371,924
- -2.0% vs 2023
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Kitsap Credit Union
- Contact
Mailing address: 155 Washington Avenue, Bremerton, WA 98337
Phone: (360) 662-2000
Website: https://kitsapcu.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kitsap Credit Union funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was KCU Cares Foundation ($251K). Together the top 8 received $354K.
Grant Size Distribution
97 grants across all recorded years
The most common grant size was under $50K: 91 grants of 97 (94%).
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in Washington. The filing describes the credit union’s members as primarily living, working, and worshipping in Washington and its giving as directed to organizations in its branch service areas.
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Kitsap Credit Union gives
- Giving held roughly steady from 2021 to 2024 (+6%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $202K (2020) to $466K (2023). In 2024 it made 8 grants totaling $354K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| KCU Cares Foundation Bremerton, WA | To fund efforts that provide food, shelter, & the steppingstones to financial wellbeing | $250,988 |
| Harbor Soccer Club Gig Harbor, WA | Sponsorship | $28,633 |
| Greater Kitsap Chamber Silverdale, WA | Sponsorship | $17,750 |
| Kitsap Building Association Bremerton, WA | Sponsorship | $14,025 |
| Blackberry Festival Bremerton, WA | Sponsorship | $12,000 |
| Gig Harbor Chamber of Commerce Gig Harbor, WA | Sponsorship | $10,800 |
| Kitsap Fair & Stampede Association Silverdale, WA | Sponsorship | $10,000 |
| WWU Foundation Bellingham, WA | Sponsorship | $10,000 |
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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 | $2,320,371,924 | $153,721,471 | $148,184,524 | $354,196 | 8 | $10,653,653 |
| 2023 | $2,368,604,375 | $135,974,513 | $127,345,815 | $465,850 | 10 | $10,336,516 |
| 2022 | $2,255,075,377 | $104,047,497 | $82,914,598 | $424,300 | 34 | $11,583,487 |
| 2021 | $2,025,562,127 | $86,231,802 | $66,951,388 | $334,700 | 29 | $5,448,594 |
| 2020 | $1,732,585,883 | $78,052,393 | $76,130,014 | $201,750 | 16 | $4,416,484 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Kitsap Credit Union’s stated mission is to offer checking, savings, and lending programs to members who primarily live, work, and worship in Washington, and to provide financial literacy programs and community outreach. KCUCares Foundation’s mission is to fund efforts that provide food, shelter, and stepping stones to financial wellbeing, and to inspire others to join that work.
The credit union identifies hunger, housing insecurity, and financial wellness as focus areas. Its supported organizations include food banks and food assistance programs, housing and homelessness organizations, and groups involved in financial education. Among its 2024 recipients, Harbor Soccer Club describes its mission as advancing soccer and educating youth and adults about the sport; Kitsap Building Association says it promotes the construction industry, fosters safe affordable housing, and promotes economic development; and Gig Harbor Chamber of Commerce says it serves the small-business community and local development.
Grantmaking
In filing year 2024, Kitsap Credit Union reported 8 grants totaling $354,196. Grant amounts ranged from $10,000 to $250,988, with a median of $13,012. The largest grant was $250,988 to KCU Cares Foundation to fund efforts providing food, shelter, and stepping stones to financial wellbeing. Other notable grants included $28,633 to Harbor Soccer Club, $17,750 to Greater Kitsap Chamber, $14,025 to Kitsap Building Association, and $12,000 to Blackberry Festival; each was listed as a sponsorship except the KCU Cares Foundation grant.
The filing describes donations and sponsorships to U.S. organizations in the credit union’s branch service areas and names housing, homelessness, hunger, food insecurity, education, and financial wellness among its targeted areas. No application process or deadline is stated in the available information.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Shawn Gilfedder as President/CEO. Other listed officers include Kellie D. Letexier, SVP COO; Trevor Stuart, SVP CFO; Simon Powley, Chief Revenue Officer; Scott Lindley, SVP CIO; Anthony G. Bulleri, SVP CLO; Paula C. Edelstein, SVP CPO; Sean Cummings, VP Sales through November 2024; Eric Crabtree, Chief Digital Strategist; and Jason Elliott, VP Finance.
Kitsap Credit Union is led by Shawn Gilfedder, President & CEO on every filing since 2020; all 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Shawn Gilfedder
President & CEO
On filings since 2020
40 hrs/week
$844K (2020) → $960K (2024)
Susan Baker
Chair
Chair → Director, 2022
Director → Chair, 2024
On filings since 2020
8 hrs/week
$25K (2020) → $24K (2024)
Susan Siobhan Canty
Director
On filings since 2020
5 hrs/week
$15K (2020) → $18K (2024)
Vicki Gambrell
Director
Secretary → Director, 2024
On filings since 2020
8 hrs/week
$15K (2020) → $20K (2024)
Matthew Ellsworth
Director
New on the 2024 filing
8 hrs/week
$8K (2024)
Vasuma Sargent
Director
New on the 2024 filing
8 hrs/week
$8K (2024)
Anthony G. Bulleri
Senior Vice President Clo
On filings since 2020
40 hrs/week
$298K (2020) → $368K (2024)
Jim Rowson
Treasurer
Director → Treasurer, 2021
On filings since 2020
8 hrs/week
$20K (2020) → $20K (2024)
Karen Holmes
Secretary
Director → Secretary, 2024
On filings since 2020
5 hrs/week
$3K (2020) → $15K (2024)
Kellie D. Letexier
Senior Vice President COO
On filings since 2020
40 hrs/week
$386K (2020) → $405K (2024)
Laura J. Enquist
Vice President Member Experience
On filings since 2020
40 hrs/week
$179K (2020) → $196K (2024)
Mark Gault
Vice President Strategic Planning
On filings since 2020
40 hrs/week
$200K (2020) → $199K (2024)
Mike Goonewardene
Vice Chair
Director → Vice Chair, 2024
On filings since 2021
8 hrs/week
$8K (2021) → $30K (2024)
Scott Lindley
Senior Vice President CIO
On filings since 2021
40 hrs/week
$170K (2021) → $366K (2024)
Trevor Stuart
Senior Vice President CFO
On filings since 2022
40 hrs/week
$296K (2022) → $391K (2024)
Andrew E. Voorhies
Vice President Info. Technology
Vice President Information Technology → Vice President Info. Technology, 2024
On filings since 2023
40 hrs/week
$185K (2023) → $200K (2024)
Eric Crabtree
Chief Digital Strategist
On filings since 2023
40 hrs/week
$200K (2023) → $228K (2024)
Paula C. Edelstein
Senior Vice President Cpo
On filings since 2023
40 hrs/week
$263K (2023) → $339K (2024)
Sean Cummings
Vice President & Sales
On filings since 2023
40 hrs/week
$236K (2023) → $328K (2024)
Simon Powley
Chief Revenue Officer
On filings since 2023
40 hrs/week
$14K (2023) → $380K (2024)
Wendy Johnson
Vice Chair
On filings since 2023
8 hrs/week
$20K (2023) → $20K (2024)
Jason Elliott
Vice President Finance
New on the 2024 filing
40 hrs/week
$218K (2024)
Former officers (19)
- Former: James W. Pyron (2020–2023) — Senior Vice President CMO
- Former: Tony Bolander (2020–2023) — Chair
- Former: Craig Olson (2021–2023) — Director
- Former: William H. Fogarty (2023) — Vice President & Commercial Lending
- Former: Jeremy Mandery (2020–2022) — Vice President Lending & Credit Administrator
- Former: Wendie Johnson (2020–2022) — Vice Chair
- Former: Carmina Drummer (2022) — Vice President & Indirect Lending
- Former: John P. Barry (2022) — Vice President & Real Estate Lending
- Former: Bob Podrat (2020–2021) — Director
- Former: Bradley Miller (2020–2021) — Senior Vice President CFO
- Former: Colin P. Morrison (2020–2021) — Senior Vice President CIO
- Former: Pete Schlicher (2020–2021) — Director
- Former: Andrea Lucky (2021) — Vice President & Human Resources
- Former: Elizabeth P. Adcock (2021) — Vice President & Information Services
- Former: Regina Wood (2021) — Vice President & Finance
- Former: Cheryl L. Stone (2020) — Senior Vice President CTO
- Former: Doug Lupton (2020) — Director
- Former: Leah A. Olson (2020) — Vice President Marketing
- Former: Michele M. Downey (2020) — Vice President & Support Operations
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 $960K, to Shawn Gilfedder (President/CEO). 22 officers or directors reported compensation on that filing.
Frequently asked questions about Kitsap Credit Union
How much does Kitsap Credit Union give each year?
Kitsap Credit Union gave $354K across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $466K across 10 grants.
What is Kitsap Credit Union's typical grant size?
Kitsap Credit Union's median grant in 2024 was $13,013, and its average grant was $44,275, across 8 grants on its 2024 IRS Form 990.
Where does Kitsap Credit Union give grants?
Kitsap Credit Union gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Bremerton, WA (3 grants), Gig Harbor, WA (2 grants) and Silverdale, WA (2 grants).
Does Kitsap Credit Union give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Kitsap Credit Union's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Sponsorship" (7 grants).
Who are Kitsap Credit Union's largest grantees?
Kitsap Credit Union's largest 2024 grantees include KCU Cares Foundation ($250,988), Harbor Soccer Club ($28,633) and Greater Kitsap Chamber ($17,750), according to its 2024 IRS Form 990. Together they received 84% of its itemized 2024 grant dollars.
How large is Kitsap Credit Union?
Kitsap Credit Union reported $2.3B in total assets on its 2024 IRS Form 990. Its revenue that year was $153.7M.
What does Kitsap Credit Union fund?
Kitsap Credit Union’s stated mission is to offer checking, savings, and lending programs to members who primarily live, work, and worship in Washington, and to provide financial literacy programs and community outreach. See mission & focus areas ↑
How do I apply for a grant from Kitsap Credit Union?
Kitsap Credit Union has no public application process in the sources Grantable reviewed. Check kitsapcu.org for current guidelines, or contact the foundation directly before submitting a request.
What is Kitsap Credit Union's EIN?
Kitsap Credit Union's EIN (Employer Identification Number) is 91-0333066. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 19, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 28, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Kitsap Credit Union's focus areas in our free grants database
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First Fed Foundation
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The foundation supports low- to moderate-income, disadvantaged, and marginalized people and families through grants for areas including housing, food, behavioral health, and community development. Its 2025 grants ranged from $5,000 to $50,000, with a median of $11,250, for communities in Washington where First Fed has full-service branches, including Clallam, Jefferson, Kitsap, and Whatcom Counties. It provides application forms and materials through its grants page and does not limit giving to preselected organizations.
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Puget Sound Energy Foundation
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The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
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Total Given
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