Sound Credit Union
A MEMBER OWNED COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1B
+5.5% YoY
Annual Giving
$90K
+200.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$90K
+200.0% YoY
About Sound Credit Union
Based on IRS filings
Sound Credit Union is a nonprofit organization, based in TACOMA, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1B in total assets. In 2024, it awarded 1 grants totaling $90K. Net investment income was $16.6M.
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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 | $3,072,228,160 | $2,910,727,295 | $2,699,695,858 |
| Revenue | $178,242,646 | $151,525,047 | $118,091,214 |
| Expenses | $163,923,839 | $130,382,270 | $96,088,860 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,649,127 | $12,587,588 | $6,310,652 |
| 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
43 grants across all recorded years
Open Grants
1 open opportunity from Sound Credit Union
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Food Lifeline ($90,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD LIFELINE SEATTLE, WA | MATCH GRANT FROM FHLB | $90,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD CLARK JR | PRESIDENT/CEO | 40 | $2,174,396 |
| WENDY CLEVELAND THRU 224 | EVP/CHIEF OPERATIONS OFFICER | 40 | $438,818 |
| ROBYN LACHANCE | EVP/CHIEF STRATEGY OFFICER | 40 | $406,854 |
| CHARLENE HENSON | SVP/CHIEF RETAIL OFFICER | 40 | $367,445 |
| LYMAN WILLIAMS | SVP/CHIEF LENDING & BUSINESS OFFICER | 40 | $361,458 |
| NANCY STERNITZKY | SVP/CHIEF INFORMATION OFFICER | 40 | $321,678 |
| KIMBERLY MAPES | SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER | 40 | $313,340 |
| RYAN ZILKER | SVP/CHIEF GROWTH OFFICER | 40 | $305,809 |
| STACEY WILKERSON | EVP/CHIEF FINANCIAL & RISK OFFICER | 40 | $298,067 |
| ANTHONY PHILLIPS | VP BUSINESS LOAN OFFICER | 40 | $246,001 |
| CURTIS ANDERSON THRU 524 | VP/BUSINESS LENDING | 40 | $225,899 |
| UWE GOEKER | VP/CHANGE MANAGEMENT & ENTERPRISE PROJECTS | 40 | $219,720 |
| BENJAMIN REED | VP BUSINESS LOAN OFFICER | 40 | $228,624 |
| SHELLEY COLEMAN | DIRECTOR | 1 | $45,250 |
| JOHN BAUDER | CHAIR | 1 | $41,750 |
| JAMES GRIGGS | DIRECTOR | 1 | $41,000 |
| BARRY WALLIS | VICE CHAIR | 1 | $40,000 |
| HALUK DEMIRKAN | DIRECTOR | 1 | $40,000 |
| DAVID WASSON | DIRECTOR | 1 | $40,000 |
| TERRY PENTIMONTI | DIRECTOR | 1 | $39,000 |
| ALTAF MERCHANT | SECRETARY/TREASURER | 1 | $35,000 |
| BRENDA GOODSON-MOORE | DIRECTOR | 1 | $35,000 |
Frequently Asked Questions
How large is Sound Credit Union?
As of 2024, Sound Credit Union holds $3.1B in total assets with $178.2M in annual revenue. It awarded 1 grants totaling $90K in 2024.
Where does Sound Credit Union operate?
Sound Credit Union has awarded grants in New York, Washington, Wisconsin.
What size grants does Sound Credit Union award?
In 2024, Sound Credit Union awarded 1 grants totaling $90K — an average of about $90K per grant, based on its IRS Form 990 filings.
What is Sound Credit Union's EIN?
Sound Credit Union's EIN (Employer Identification Number) is 91-0557925. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sound 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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