Sound Credit Union
A member owned cooperative providing financial services, including loans and share deposits to its members.
Sound Credit Union at a glance
In short: Sound Credit Union gave $90K across 1 grant in 2024 (avg $90K), mostly in Washington. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $90,000
- +200.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $90,000
- +200.0% vs 2023
- Median grant
- $90,000
- Total assets
- $3,072,228,160
- +5.5% 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 Sound Credit Union
- Next open deadline
- November 30, 2026 (Sound Credit Union Scholarship Program)
Open Grants
1 open opportunity from Sound Credit Union
Who Sound Credit Union funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Food Lifeline ($90K).
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 41 grants of 43 (95%).
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 Sound Credit Union gives
- Giving fell 51% 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 $30K (2023) to $292K (2020). In 2024 it made 1 grant totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Food Lifeline Seattle, WA | Match Grant from FHLB | $90,000 |
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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 | $3,072,228,160 | $178,242,646 | $163,923,839 | $90,000 | 1 | $16,649,127 |
| 2023 | $2,910,727,295 | $151,525,047 | $130,382,270 | $30,000 | 1 | $12,587,588 |
| 2022 | $2,699,695,858 | $118,091,214 | $96,088,860 | $209,150 | 13 | $6,310,652 |
| 2021 | $2,549,084,611 | $105,611,575 | $80,974,374 | $182,500 | 12 | $3,675,217 |
| 2020 | $2,219,039,629 | $98,399,448 | $79,924,369 | $292,258 | 16 | $2,387,711 |
About Sound Credit Union
Based on IRS filings
Sound Credit Union is a public charity, 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 grant totaling $90K. Net investment income was $16.6M.
Leadership & Key People
Officers and directors from IRS filings
Sound Credit Union is led by Donald Clark Jr., President & CEO since 2022 (on filings since 2020); all 20 officers listed in 2024 are compensated.
Officers on the 2024 filing
Donald Clark Jr.
President & CEO
President & CEO → Presdient & CEO, 2021
Presdient & CEO → President & CEO, 2022
On filings since 2020
40 hrs/week
$1.3M (2020) → $2.2M (2024)
John Bauder
Chair
Secretary & Treasurer → Vice Chair, 2022
Vice Chair → Chair, 2024
On filings since 2020
1 hr/week
$20K (2020) → $42K (2024)
Brenda Goodson-Moore
Director
On filings since 2020
1 hr/week
$19K (2020) → $35K (2024)
David Wasson
Director
Board Chair → Director, 2022
On filings since 2020
1 hr/week
$21K (2020) → $40K (2024)
Haluk Demirkan
Director
On filings since 2020
1 hr/week
$16K (2020) → $40K (2024)
James Griggs
Director
On filings since 2020
1 hr/week
$20K (2020) → $41K (2024)
Shelley Coleman
Director
Vice Chair → Chair, 2022
Chair → Director, 2024
On filings since 2020
1 hr/week
$20K (2020) → $45K (2024)
Terry Pentimonti
Director
On filings since 2022
1 hr/week
$5K (2022) → $39K (2024)
Altaf Merchant
Secretary & Treasurer
Director → Secretary & Treasurer, 2024
On filings since 2020
1 hr/week
$15K (2020) → $35K (2024)
Barry Wallis
Vice Chair
Director → Secretary & Treasurer, 2022
Secretary & Treasurer → Vice Chair, 2024
On filings since 2020
1 hr/week
$20K (2020) → $40K (2024)
Charlene Henson
Senior Vice President & Chief Retail Officer
On filings since 2020
40 hrs/week
$222K (2020) → $367K (2024)
Kimberly Mapes
Senior Vice President & Chief Employee Engagement Officer
On filings since 2020
40 hrs/week
$232K (2020) → $313K (2024)
Lyman Williams
Senior Vice President, Chief Lending & Business Officer
Senior Vice President & Chief Lending Officer → Senior Vice President, Chief Lending & Business Officer, 2024
On filings since 2020
40 hrs/week
$265K (2020) → $361K (2024)
Nancy Sternitzky
Senior Vice President & Chief Information Officer
On filings since 2020
40 hrs/week
$174K (2020) → $322K (2024)
Robyn Lachance
Executive Vice President & Chief Strategy Officer
Executive Vice President & Chief Strategy Officer → Executive Vice President & Chief Administration Officer, 2022
Executive Vice President & Chief Administration Officer → Executive Vice President & Chief Strategy Officer, 2023
On filings since 2020
40 hrs/week
$294K (2020) → $407K (2024)
Ryan Zilker
Senior Vice President & Chief Growth Officer
Senior Vice President, Chief Strategy & Marketing Officer → Senior Vice President & Chief Marketing Officer, 2023
Senior Vice President & Chief Marketing Officer → Senior Vice President & Chief Growth Officer, 2024
On filings since 2021
40 hrs/week
$206K (2021) → $306K (2024)
Uwe Goeker
Vice President, Change Management & Enterprise Projects
On filings since 2022
40 hrs/week
$210K (2022) → $220K (2024)
Anthony Phillips
Vice President Business Loan Officer
New on the 2024 filing
40 hrs/week
$246K (2024)
Benjamin Reed
Vice President Business Loan Officer
New on the 2024 filing
40 hrs/week
$229K (2024)
Stacey Wilkerson
Executive Vice President, Chief Financial & Risk Officer
New on the 2024 filing
40 hrs/week
$298K (2024)
Former officers (13)
- Former: Wendy Cleveland (2020–2024) — Executive Vice President & Chief Operations Officer · Filing note: Thru 224
- Former: Curtis Anderson (2022–2024) — Vice President & Business Lending · Filing note: Thru 524
- Former: Troy Garry (2020–2023) — Executive Vice President & CFO
- Former: Andrew Bloom (2022–2023) — Sba Loan Officer
- Former: Jason McDougal (2023) — Vice President & Business Intelligence
- Former: Keith Mock (2020–2022) — Director
- Former: Kasey Brooks Winkler (2021–2022) — Business Loan Officer
- Former: Jim Griggs (2022) — Director
- Former: J. Bullock (2020–2021) — Mortgage Loan Officer
- Former: Ryan Horan (2020–2021) — Business Loan Officer Manager
- Former: Shelley Cox (2020–2021) — Mortgage Loan Officer
- Former: Jamie Alford (2020) — Mortgage Loan Officer
- Former: Sarah Meikle (2020) — Mortgage Sales Manager
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 $2.2M, to Donald Clark Jr (President/CEO). 22 officers or directors reported compensation on that filing.
Frequently asked questions about Sound Credit Union
How much does Sound Credit Union give each year?
Sound Credit Union gave $90K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $30K across 1 grant.
How large is Sound Credit Union?
Sound Credit Union reported $3.1B in total assets on its 2024 IRS Form 990. Its revenue that year was $178.2M.
Where does Sound Credit Union operate?
Sound Credit Union has awarded grants in New York, Washington, Wisconsin.
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.
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 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 31, 2025)
- IRS filings on file for fiscal years 2020–2024
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