Salal Credit Union
WE ELIMINATE FINANCIAL OBSTACLES TO HELP EVERYDAY VISIONARIES REALIZE THEIR FULL POTENTIAL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2B
-3.3% YoY
Annual Giving
$60K
-72.5% YoY
Grant Count
1
-88.9% YoY
Avg Grant Size
$60K
+147.5% YoY
About Salal Credit Union
Based on IRS filings
Salal 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 $1.2B in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $6.6M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,177,190,511 | $1,217,780,482 | $1,278,954,143 |
| Revenue | $76,210,438 | $74,965,948 | $63,361,594 |
| Expenses | $74,738,083 | $68,206,763 | $57,114,018 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,637,232 | $5,660,850 | $4,893,136 |
| 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 1 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salal Foundation ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SALAL FOUNDATION SEATTLE, WA | GENERAL SUPPORT | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN LUONG | BOARD CHAIR | 0.5 | — |
| ALAN LEDERMAN | VICE CHAIR | 0.5 | — |
| CATHERINE BAILEY | BOARD SECRETARY | 0.5 | — |
| SOPHIE BROUGHAM | BOARD MEMBER | 0.5 | — |
| NISHAT AKHTER | BOARD MEMBER | 0.5 | — |
| QUYNH NGUYEN | BOARD MEMBER | 0.5 | — |
| LAURA MCMILLAN | BOARD MEMBER | 0.5 | — |
| KAREN SCHARTMAN | BOARD MEMBER | 0.5 | — |
| MAGNUS ANDERSSON | BOARD MEMBER | 0.5 | — |
| RUSSELL E ROSENDAL | PRESIDENT/CEO | 40 | $1,541,011 |
| ROBERT W SCHWEIGERT | SVP - CHIEF LENDING OFFICER | 40 | $324,344 |
| RANDY WILLIAM CLOES | SVP - CFO | 40 | $319,358 |
| TROY-SKOTT POPE | SVP - CHIEF DIGITAL/STRATEGY OFFICER | 40 | $321,322 |
| JUDY LOVELESS-MORRIS | SVP - CHIEF DIVERSITY & PEOPLE | 40 | $310,103 |
| BRETT BALLMAN | VP - DIRECTOR OF BUSINESS | 40 | $238,103 |
| KARI STENSLIE | VP - CONTROLLER | 40 | $208,569 |
| CHRISTIAN GRUNERT | FVP - INFORMATION TECHNOLOGY | 40 | $216,238 |
| SAMANTHA HARBERT | FVP - HOME LENDING & RETAIL | 40 | $224,118 |
| MATTHEW W VANCE | VP - MARKETING & PROD. DEVELOPMENT | 40 | $188,204 |
| MUNZER J SUKHUN | VP - BUSINESS SERVICES | 40 | $185,521 |
| SYLVIA POPE | VP - PROGRAM MANAGEMENT | 40 | $169,514 |
| KEVIN KNOWLES | VP - CREDIT ADMINISTRATION | 40 | $174,648 |
| NANETTE COURTNEY SENIOR | MGR FINANCIAL CRIMES & BSA OFFICE | 40 | $162,113 |
| ANGELA RAHAM | SENIOR MANAGER OF BUSINESS BANKING | 40 | $152,908 |
| JAMES A MILLSAP | DEALER DIRECT ACCOUNT MANAGER | 40 | $173,121 |
| MEGAN DESILVA | DEALER DIRECT SALES MANAGER | 40 | $144,692 |
| KEITH PRICE | SENIOR MANAGER OF DATA STRATEGY | 40 | $188,165 |
| MATTHEW HEITLAND | VP - APPLICATION DEVELOPMENT | 40 | $187,878 |
| PHILLIP FALCK | SENIOR PROJECT MANAGER | 40 | $143,951 |
| EILEEN MAGNUSSON VP DIR OF | HUMAN RESOURCES (THRU 07/24) | 40 | $103,359 |
Frequently Asked Questions
How large is Salal Credit Union?
As of 2024, Salal Credit Union holds $1.2B in total assets with $76.2M in annual revenue. It awarded 1 grants totaling $60K in 2024.
Where does Salal Credit Union operate?
Salal Credit Union has awarded grants in Washington, Wisconsin.
What size grants does Salal Credit Union award?
In 2024, Salal Credit Union awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Salal Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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