State Employees Credit Union of
SECU'S MISSION IS TO CREATE EXPERIENCES AND CONNECTIONS THAT EMPOWER MEMBERS TO ELEVATE THEIR FINANCIAL WELLNESS. WE WILL DO THIS IN A COOPERATIVE WAY WHERE OUR MEMBERS ARE THE OWNERS AND OUR COMMUNITIES ARE AT THE CENTER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.5B
+3.7% YoY
Annual Giving
$473K
+928.3% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$59K
+414.1% YoY
About State Employees Credit Union of
Based on IRS filings
State Employees Credit Union of is a nonprofit organization, based in LINTHICUM, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5B in total assets. In 2024, it awarded 8 grants totaling $473K. Net investment income was $57.5M.
Ready to take the next step with State Employees Credit Union of?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,471,069,735 | $5,276,282,946 | $5,313,600,650 |
| Revenue | $333,079,288 | $285,494,724 | $216,273,782 |
| Expenses | $288,514,797 | $232,565,770 | $174,014,189 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $57,494,252 | $34,562,074 | $20,743,728 |
| 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 8 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Secu Md Foundation ($345,000), Special Olympics Maryland ($40,000), Kennedy Krieger Foundation Inc ($24,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SECU MD FOUNDATION LINTHICUM, MD | OPERATING AND SCHOLARSHIP PROGRAM SUPPORT | $345,000 |
| SPECIAL OLYMPICS MARYLAND BALTIMORE, MD | GENERAL SUPPORT | $40,000 |
| KENNEDY KRIEGER FOUNDATION INC BALTIMORE, MD | GENERAL SUPPORT | $24,500 |
| ULMAN FOUNDATION BALTIMORE, MD | GENERAL SUPPORT | $21,000 |
| CREDIT UNION FOUNDATION OF MD & DC COLUMBIA, MD | GENERAL SUPPORT | $15,000 |
| MARYLAND COUNCIL ON ECONOMIC EDUCATION TOWSON, MD | GENERAL SUPPORT | $10,000 |
| THE BEST IS AHEAD FOUNDATION EL PASO, TX | GENERAL SUPPORT | $10,000 |
| BALTIMORE COMMUNITY FOUNDATION INC BALTIMORE, MD | GENERAL SUPPORT | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK REGER | DIRECTOR THRU 03/24 | 1 | $52,893 |
| SHARONNE BONARDI | DIRECTOR | 1 | $47,536 |
| GAYLE SEWARD | CHAIR/DIRECTOR | 1 | $43,820 |
| JUANCHO BAINO | DIRECTOR | 1 | $39,958 |
| TIMOTHY LA VALLE | VICE CHAIR/DIRECTOR | 1 | $39,447 |
| ELLEN GARDNER | SECRETARY/DIRECTOR | 1 | $38,968 |
| JOHN KENNEY | TREASURER/DIRECTOR | 1 | $35,581 |
| JANET BACON | DIRECTOR | 1 | $31,835 |
| GINA MCKNIGHT-SMITH | DIRECTOR | 1 | $22,575 |
| DYLAN BAKER | DIRECTOR | 1 | $4,575 |
| DAVID SWEIDERK | CEO/PRESIDENT | 40 | $1,481,399 |
| STEVEN ARBAUGH | CFO/EVP | 40 | $883,829 |
| KEVIN KESECKER | CHIEF CREDIT OFFICER/EVP | 40 | $632,231 |
| REBECCA SMITH | CHIEF GROWTH/ENGAGEMENT OFFICER/EVP | 40 | $699,537 |
| RODERIC FLOWERS | CHIEF DEI & HR OFFICER/SVP | 40 | $543,079 |
| JANELLE BURGOYNE | CGO & GENERAL COUNSEL/SVP | 40 | $517,800 |
| JAMES SMITH | CHIEF BANKING OFFICER/GSVP | 40 | $412,508 |
| KEVIN STEHL | CHIEF PRODUCT OFFICER/SVP | 40 | $375,068 |
| STEVEN MCKONE | CHIEF SERVICE OPERATIONS OFFICER/SVP | 40 | $393,140 |
| JASON REIMER | CHIEF INFRA & EXPERIENCE OFFICER/EV | 40 | $324,916 |
| JOHN ENA JR | SVP, FINANCE & CONTROLLER | 40 | $405,443 |
| MARK DEITZ | MD, ENTERPRISE SALES | 40 | $397,679 |
| KELLEY HARWOOD | VP, MORTGAGE PROG & STRAT | 40 | $389,188 |
| JAMES MELLENDICK | MD, WEALTH MANAGEMENT | 40 | $349,673 |
| TESHIA DAVIS | VP, PEOPLE | 40 | $298,683 |
| AMY BASTA | CHIEF MARKETING OFFICER/SVP | 40 | $296,079 |
| VICTOR HAZAN | VP, COMMERCIAL LENDING | 40 | $283,744 |
| ADRIENNE ALLGIRE | VP, OPERATIONS | 40 | $290,641 |
| DALE SKINNER | MD, COMMERCIAL LENDING | 40 | $278,913 |
| HARRY FLORIO JR | VP, ORG DEVELOPMENT THRU 05/24 | 40 | $285,321 |
| KELLY MAKAREHCHI | SVP, TRANSFORMATION & OPTIMIZATION | 40 | $242,562 |
| MARK CONSIDINE | MORTGAGE LOAN OFFICER | 40 | $358,570 |
| WILLIAM HARPER | MORTGAGE LOAN OFFICER | 40 | $360,866 |
| JONATHAN WASEY | FINANCIAL ADVISOR | 40 | $301,560 |
| GEORGE GIRLING | CHIEF OF STAFF | 40 | $260,526 |
| JOHN TODD III | MD, TECHNOLOGY SOLUTIONS | 40 | $238,397 |
Frequently Asked Questions
How large is State Employees Credit Union of?
As of 2024, State Employees Credit Union of holds $5.5B in total assets with $333.1M in annual revenue. It awarded 8 grants totaling $473K in 2024.
Where does State Employees Credit Union of operate?
State Employees Credit Union of has awarded grants in Georgia, Maryland, Texas.
What size grants does State Employees Credit Union of award?
In 2024, State Employees Credit Union of awarded 8 grants totaling $473K — an average of about $59K per grant, based on its IRS Form 990 filings.
What is State Employees Credit Union of's EIN?
State Employees Credit Union of's EIN (Employer Identification Number) is 52-0627114. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in State Employees Credit Union of'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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