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