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Sound Credit Union

Foundation · Grantmaker Tacoma, WA EIN: 91-0557925 Website

A member owned cooperative providing financial services, including loans and share deposits to its members.

Key facts about Sound Credit Union

In short: Sound Credit Union gave $90K across 1 grant in 2024 (avg $90K), mostly in Washington. Source: 2024 IRS Form 990 filing.

EIN
91-0557925
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$90,000
Grants made (2024)
1
Average grant
$90,000
Median grant
$90,000
Total assets
$3,072,228,160
Primary geography
Washington (100% of itemized 2024 grant dollars)
Next open deadline
November 30, 2026 (Sound Credit Union Scholarship Program)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · 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

How Sound Credit Union gives

  • Giving fell 51% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

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 grant totaling $90K. Net investment income was $16.6M.

Open Grants

1 open opportunity from Sound Credit Union

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2024 grant dollars.

Cities

TacomaSeattleSeatacMadisonLakewoodNew YorkPuyallupTukwila

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K16 grants202012 grants202113 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Food Lifeline: $90KFood Lifeline$90K

Grant Size Distribution

43 grants across all recorded years

41<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
FOOD LIFELINE Seattle, WAMATCH GRANT FROM FHLB$90,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$100M$150M$200M20202021202220232024
Metric202420232022
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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Donald Clark Jr — President/CEO: $2.2MDonald Clark JrPresident/CEO$2.2MWendy Cleveland Thru 224 — EVP/Chief Operations Officer: $439KWendy Cleveland Thru 224EVP/Chief Operations Officer$439KRobyn Lachance — EVP/Chief Strategy Officer: $407KRobyn LachanceEVP/Chief Strategy Officer$407KCharlene Henson — SVP/Chief Retail Officer: $367KCharlene HensonSVP/Chief Retail Officer$367KLyman Williams — SVP/Chief Lending & Business Officer: $361KLyman WilliamsSVP/Chief Lending & Business…$361KNancy Sternitzky — SVP/Chief Information Officer: $322KNancy SternitzkySVP/Chief Information Officer$322KKimberly Mapes — SVP/Chief Employee Engagement Officer: $313KKimberly MapesSVP/Chief Employee Engagement…$313KRyan Zilker — SVP/Chief Growth Officer: $306KRyan ZilkerSVP/Chief Growth Officer$306KStacey Wilkerson — EVP/Chief Financial & Risk Officer: $298KStacey WilkersonEVP/Chief Financial & Risk…$298KAnthony Phillips — VP Business Loan Officer: $246KAnthony PhillipsVP Business Loan Officer$246KBenjamin Reed — VP Business Loan Officer: $229KBenjamin ReedVP Business Loan Officer$229KCurtis Anderson Thru 524 — VP/Business Lending: $226KCurtis Anderson Thru 524VP/Business Lending$226KUwe Goeker — VP/Change Management & Enterprise Projects: $220KUwe GoekerVP/Change Management &…$220KShelley Coleman — Director: $45KShelley ColemanDirector$45KJohn Bauder — Chair: $42KJohn BauderChair$42KJames Griggs — Director: $41KJames GriggsDirector$41KBarry Wallis — Vice Chair: $40KBarry WallisVice Chair$40KHaluk Demirkan — Director: $40KHaluk DemirkanDirector$40KDavid Wasson — Director: $40KDavid WassonDirector$40KTerry Pentimonti — Director: $39KTerry PentimontiDirector$39KAltaf Merchant — Secretary/Treasurer: $35KAltaf MerchantSecretary/Treasurer$35KBrenda Goodson-Moore — Director: $35KBrenda Goodson-MooreDirector$35K

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 filing. 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 filing. 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.

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