Salal Credit Union
We eliminate financial obstacles to help everyday visionaries realize their full potential.
Salal Credit Union at a glance
In short: Salal Credit Union gave $60K across 1 grant in 2024 (avg $60K), mostly in Washington. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $60,000
- -72.5% vs 2023
- Grants made (2024)
- 1
- -88.9% vs 2023
- Average grant
- $60,000
- +147.5% vs 2023
- Median grant
- $60,000
- Total assets
- $1,177,190,511
- -3.3% 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.
Who Salal Credit Union funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Salal Foundation ($60K).
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 35 grants of 40 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Salal Credit Union gives
- Giving fell 69% from 2021 to 2024. 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 $60K (2024) to $225K (2020). In 2024 it made 1 grant totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salal Foundation Seattle, WA | General Support | $60,000 |
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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 | $1,177,190,511 | $76,210,438 | $74,738,083 | $60,000 | 1 | $6,637,232 |
| 2023 | $1,217,780,482 | $74,965,948 | $68,206,763 | $218,180 | 9 | $5,660,850 |
| 2022 | $1,278,954,143 | $63,361,594 | $57,114,018 | $224,500 | 11 | $4,893,136 |
| 2021 | $1,076,834,962 | $53,428,759 | $44,265,058 | $192,500 | 9 | $1,585,974 |
| 2020 | $992,751,176 | $52,975,542 | $43,765,501 | $225,000 | 10 | $1,502,121 |
About Salal Credit Union
Based on IRS filings
Salal Credit Union is a public charity, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2B in total assets. In 2024, it awarded 1 grant totaling $60K. Net investment income was $6.6M.
Leadership & Key People
Officers and directors from IRS filings
Salal Credit Union is led by Russell E. Rosendal, President & CEO on every filing since 2020; 21 of 30 officers listed in 2024 are compensated.
Officers on the 2024 filing
Russell E. Rosendal
President & CEO
On filings since 2020
40 hrs/week
$1M (2020) → $1.5M (2024)
Brian Luong
Board Chair
Board Vice Chairman → Board Chair, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Brett Ballman
Vice President - Director of Business
Vice President - Director of Business Banking → Vice President - Director of Business, 2024
On filings since 2020
40 hrs/week
$215K (2020) → $238K (2024)
Christian Grunert
Fvp - Information Technology
Vice President - It → Vice President - Information Technology, 2022
Vice President - Information Technology → Fvp - Information Technology, 2023
On filings since 2020
40 hrs/week
$181K (2020) → $216K (2024)
James A. Millsap
Dealer Direct Account Manager
Dealer Account Manager → Dealer Direct Account Manager, 2022
On filings since 2020
40 hrs/week
$186K (2020) → $173K (2024)
Randy William Cloes
Senior Vice President - CFO
On filings since 2020
40 hrs/week
$302K (2020) → $319K (2024)
Robert W. Schweigert
Senior Vice President - Chief Lending Officer
On filings since 2020
40 hrs/week
$308K (2020) → $324K (2024)
Samantha Harbert
Fvp - Home Lending & Retail
Vice President - Home Lending & Retail Banking → Fvp - Home Lending & Retail Banking, 2023
Fvp - Home Lending & Retail Banking → Fvp - Home Lending & Retail, 2024
On filings since 2020
40 hrs/week
$167K (2020) → $224K (2024)
Troy-Skott Pope
Senior Vice President - Chief Digital & Strategy Officer
Senior Vice President - Chief Digital & Strategy Officer → Senior Vice President - Chief Digital & Stratgey Officer, 2023
Senior Vice President - Chief Digital & Stratgey Officer → Senior Vice President - Chief Digital & Strategy Officer, 2024
On filings since 2020
40 hrs/week
$300K (2020) → $321K (2024)
Judy Loveless-Morris
Senior Vice President - Chief Diversity & People
On filings since 2021
40 hrs/week
$184K (2021) → $310K (2024)
Keith Price
Senior Manager of Data Strategy
Senior Business Intelligence Manager → Senior Manager of Data Strategy & Analytics, 2023
Senior Manager of Data Strategy & Analytics → Senior Manager of Data Strategy, 2024
On filings since 2021
40 hrs/week
$172K (2021) → $188K (2024)
Kevin Knowles
Vice President - Credit Administration
On filings since 2021
40 hrs/week
$160K (2021) → $175K (2024)
Matthew W. Vance
Vice President - Marketing & Prod. Development
On filings since 2021
40 hrs/week
$157K (2021) → $188K (2024)
Megan Desilva
Dealer Direct Sales Manager
On filings since 2021
40 hrs/week
$238K (2021) → $145K (2024)
Sylvia Pope
Vice President - Program Management
On filings since 2021
40 hrs/week
$151K (2021) → $170K (2024)
Angela Raham
Senior Manager of Business Banking
On filings since 2022
40 hrs/week
$147K (2022) → $153K (2024)
Kari Stenslie
Vice President - Controller
On filings since 2022
40 hrs/week
$208K (2022) → $209K (2024)
Matthew Heitland
Vice President - Application Development
It Strategy & Innovation Sm → It Strategy & Innovation Senior Vice President - Application Development, 2023
It Strategy & Innovation Senior Vice President - Application Development → Vice President - Application Development, 2024
On filings since 2022
40 hrs/week
$163K (2022) → $188K (2024)
Munzer J. Sukhun
Vice President - Business Services
On filings since 2023
40 hrs/week
$159K (2023) → $186K (2024)
Eileen Magnusson Vp Dir Of
Human Resources
New on the 2024 filing
40 hrs/week
$103K (2024)
Nanette Courtney Senior
Manager Financial Crimes & Bsa Officer
New on the 2024 filing
40 hrs/week
$162K (2024)
Phillip Falck
Senior Project Manager
New on the 2024 filing
40 hrs/week
$144K (2024)
Alan Lederman
Vice Chair
Board Member → Board Vice Chairman, 2021
Board Vice Chairman → Vice Chair, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Catherine Bailey
Board Secretary
Board Member → Board Secretary, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Nishat Akhter
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Quynh Nguyen
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Sophie Brougham
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Karen Schartman
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Laura McMillan
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Magnus Andersson
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (19)
- Former: Ali Seals (2020–2023) — Board Member
- Former: Dick Woo (2020–2023) — Board Member
- Former: Eileen Magnusson (2020–2023) — Vice President - Director Human Resources
- Former: John Zielonka (2022–2023) — Board Member
- Former: Annette Murphy (2020–2022) — Board Member
- Former: Joe Lepla (2020–2022) — Secretary
- Former: Michael C. Bishop (2020–2022) — Vice President - Retail
- Former: Vincent N. Punteney (2020–2022) — Vice President - Consumer Lending
- Former: Juliette Andoh (2021–2022) — Vice President - Risk & Compliance
- Former: Andrew Scott Haeg (2022) — Vice President - Operations
- Former: Ben Steiner (2020–2021) — Board Member
- Former: Jenny Lyn Fernandez Tran (2020–2021) — Senior Mortgage Advisor
- Former: Sandora Tiburcio (2020–2021) — Senior Mortgage Advisor
- Former: Tara Seever (2020–2021) — Senior Vice President - Chief Human Resources Officer
- Former: Chad Cheney (2020) — Board Member
- Former: Erik Oliner (2020) — Board Member
- Former: Lisa Yohalem (2020) — Board Member
- Former: Robert Starkey (2020) — Business Banking Sales Manager
- Former: Sylvia See (2020) — Senior Business Officer
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 $1.5M, to Russell E Rosendal (President/CEO). 21 officers or directors reported compensation on that filing.
Frequently asked questions about Salal Credit Union
How much does Salal Credit Union give each year?
Salal Credit Union gave $60K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $218K across 9 grants.
How large is Salal Credit Union?
Salal Credit Union reported $1.2B in total assets on its 2024 IRS Form 990. Its revenue that year was $76.2M.
Where does Salal Credit Union operate?
Salal Credit Union has awarded grants in Washington, Wisconsin.
What is Salal Credit Union's EIN?
Salal Credit Union's EIN (Employer Identification Number) is 91-0593941. 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Salal Credit Union's focus areas in our free grants database
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