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