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
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 |
|---|---|---|---|
| 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 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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