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Truwest Credit Union

Public charity · Grantmaker Tempe, AZ EIN: 86-6050959 Website

Truwest Credit Union is a cooperative providing trusted financial solutions and services, so members can achieve their goals.

Key facts about Truwest Credit Union

In short: Truwest Credit Union gave $168K across 6 grants in 2024 (avg $28K), mostly in Arizona. Source: 2024 IRS Form 990.

EIN
86-6050959
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$168,259
Grants made (2024)
6
Average grant
$28,043
Median grant
$18,000
Total assets
$1,607,001,608
Primary geography
Arizona (83% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.6B

-11.2% YoY

Annual Giving

$168K

-17.0% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$28K

-3.2% YoY

How Truwest Credit Union gives

  • Giving held roughly steady from 2021 to 2024 (−4%). Method

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

About Truwest Credit Union

Based on IRS filings

Truwest Credit Union is a public charity, based in Tempe, AZ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.6B in total assets. In 2024, it awarded 6 grants totaling $168K. Net investment income was $13.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

PhoenixAustinTempeAnchorageManchacaSeatacBoulderDallasLone Tree

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2019 6 grants2020 5 grants2021 8 grants2022 7 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $141K (2020) to $205K (2022). In 2024 it made 6 grants totaling $168K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Phoenix Children's Hospital: $68KPhoenix Children's Hospital$68KAmerican Lung Association: $46KAmerican Lung Association$46KMaricopa Community Colleges Foundation: $25KMaricopa Community CollegesFoundation$25KMarbridge Foundation: $11KMarbridge Foundation$11KDell Children's Medical Center Foundation: $10KDell Children's Medical CenterFoundation$10KGowest Credit Union Association: $8KGowest Credit UnionAssociation$8K

The largest 2024 recipient was Phoenix Children's Hospital ($68K). Together the top 6 received $168K.

Grant Size Distribution

32 grants across all recorded years

25<$50K7$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 32 (78%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Phoenix Children's Hospital Phoenix, AZOperational Support$68,075
American Lung Association Phoenix, AZOperational Support$45,960
Maricopa Community Colleges Foundation Tempe, AZOperational Support$25,000
Marbridge Foundation Manchaca, TXOperational Support$11,000
Dell Children's Medical Center Foundation Austin, TXOperational Support$9,810
Gowest Credit Union Association Seatac, WADefense Fund Contribution$8,414

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,607,001,608$1,810,234,989$1,514,781,756
Revenue$110,461,542$92,658,143$72,242,165
Expenses$100,822,855$76,945,341$60,300,911
Net Investment Income$12,998,959$10,502,528$9,035,128

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS April 29, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS July 28, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS September 26, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS September 19, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 14, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Truwest Credit Union is led by Alan Althouse, President & CEO on every filing since 2019; all 24 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Alan Althouse

    President & CEO

    On filings since 2019

    40 hrs/week

    $677K (2019) → $927K (2024)

  • Mike Moulton

    Chairman

    Director → Vice Chairman, 2021

    Vice Chairman → Chairman, 2024

    On filings since 2019

    5 hrs/week

    $12K (2019) → $19K (2024)

  • Dave Holody

    Director

    On filings since 2019

    1.5 hrs/week

    $8K (2019) → $18K (2024)

  • Mike Vasko

    Director

    On filings since 2019

    1 hr/week

    $10K (2019) → $5K (2024)

  • Scott Johs

    Director

    Treasurer → Secretary, 2023

    Secretary → Director, 2024

    On filings since 2019

    1 hr/week

    $11K (2019) → $14K (2024)

  • Thomas Cummiskey

    Director

    Vice Chairman → Director, 2021

    On filings since 2019

    1 hr/week

    $12K (2019) → $10K (2024)

  • Tim Niesz

    Director

    Secretary → Director, 2021

    On filings since 2019

    1 hr/week

    $10K (2019) → $14K (2024)

  • Caitlin Davison

    Director

    New on the 2024 filing

    1 hr/week

    $11K (2024)

  • Steve Benton

    Director

    New on the 2024 filing

    1 hr/week

    $15K (2024)

  • Brent Cattani

    Financial Advisor II

    On filings since 2019

    40 hrs/week

    $350K (2019) → $604K (2024)

  • Chris Kearney

    Senior Vice President & Chief Information Officer

    Senior Vice President Chief Information Officer → Senior Vice President & Chief Information Officer, 2023

    On filings since 2019

    40 hrs/week

    $248K (2019) → $477K (2024)

  • Darren Kennon

    Mortgage Loan Officer

    Mortgage Loan Officer → Financial Advisor II, 2023

    Financial Advisor II → Mortgage Loan Officer, 2024

    On filings since 2019

    40 hrs/week

    $209K (2019) → $333K (2024)

  • Fred Farbod

    Senior Vice President & Chief Lending Officer

    Senior Vice President Chief Lending Officer → Senior Vice President & Chief Lending Officer, 2023

    On filings since 2019

    40 hrs/week

    $285K (2019) → $779K (2024)

  • Gary Bernard

    Executive Vice President Chief Operations Officer

    On filings since 2019

    40 hrs/week

    $1.1M (2019) → $450K (2024)

  • Jeff Homer

    Secretary

    Director → Secretary, 2024

    On filings since 2019

    1 hr/week

    $8K (2019) → $13K (2024)

  • Katherine Sciascia

    Mortgage Loan Originator

    On filings since 2019

    40 hrs/week

    $425K (2019) → $433K (2024)

  • Kathleen Hoffman

    Mortgage Loan Originator

    On filings since 2019

    40 hrs/week

    $296K (2019) → $235K (2024)

  • Kelly Argall

    Mortgage Loan Officer

    On filings since 2019

    40 hrs/week

    $266K (2019) → $261K (2024)

  • Michael Ward

    Senior Vice President & Chief Financial Officer

    Senior Vice President Chief Financial Officer → Senior Vice President & Chief Financial Officer, 2023

    On filings since 2019

    40 hrs/week

    $229K (2019) → $355K (2024)

  • Rick O'Connor

    Vice Chairmain

    Chairman → Vice Chairmain, 2024

    On filings since 2019

    2 hrs/week

    $15K (2019) → $16K (2024)

  • Susanna Defranco

    Treasurer

    Director → Secretary, 2021

    Secretary → Treasurer, 2023

    On filings since 2019

    1.5 hrs/week

    $13K (2019) → $15K (2024)

  • Alysse Medina

    Senior Vice President & Chief Legal Officer

    On filings since 2020

    40 hrs/week

    $202K (2020) → $262K (2024)

  • Jennifer Kimmell

    Senior Vice President & Chief Experience Officer

    Senior Vice President Chief Marketing Officer → Senior Vice President & Chief Marketing Officer, 2023

    Senior Vice President & Chief Marketing Officer → Senior Vice President & Chief Experience Officer, 2024

    On filings since 2021

    40 hrs/week

    $215K (2021) → $325K (2024)

  • Nikki Badje

    Senior Vice President & Chief People Officer

    Senior Vice President Chief Human Resources Officer → Senior Vice President & Chief Human Resources Officer, 2023

    Senior Vice President & Chief Human Resources Officer → Senior Vice President & Chief People Officer, 2024

    On filings since 2022

    40 hrs/week

    $209K (2022) → $248K (2024)

Former officers (4)
  • Former: Guy Austin (2023) — Financial Advisor II
  • Former: Jeff Peabody (2019–2021) — Senior Vice President Chief Marketing Officer
  • Former: Jesus Perez (2020–2021) — Mortgage Loan Officer
  • Former: David Prechtel (2019) — Director -

Data from IRS Form 990 filings, 2019–2024. "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

Alan Althouse — President & CEO: $927KAlan AlthousePresident & CEO$927KFred Farbod — SVP & Chief Lending Officer: $779KFred FarbodSVP & Chief Lending Officer$779KBrent Cattani — Financial Advisor II: $604KBrent CattaniFinancial Advisor II$604KChris Kearney — SVP & Chief Information Officer: $477KChris KearneySVP & Chief Information Officer$477KGary Bernard — EVP Chief Operations Officer: $450KGary BernardEVP Chief Operations Officer$450KKatherine Sciascia — Mortgage Loan Originator: $433KKatherine SciasciaMortgage Loan Originator$433KMichael Ward — SVP & Chief Financial Officer: $355KMichael WardSVP & Chief Financial Officer$355KDarren Kennon — Mortgage Loan Officer: $333KDarren KennonMortgage Loan Officer$333KJennifer Kimmell — SVP & Chief Experience Officer: $325KJennifer KimmellSVP & Chief Experience Officer$325KAlysse Medina — SVP & Chief Legal Officer: $262KAlysse MedinaSVP & Chief Legal Officer$262KKelly Argall — Mortgage Loan Officer: $261KKelly ArgallMortgage Loan Officer$261KNikki Badje — SVP & Chief People Officer: $248KNikki BadjeSVP & Chief People Officer$248KKathleen Hoffman — Mortgage Loan Originator: $235KKathleen HoffmanMortgage Loan Originator$235KMike Moulton — Chairman: $19KMike MoultonChairman$19KDave Holody — Director: $18KDave HolodyDirector$18KRick O'Connor — Vice Chairmain: $16KRick O'ConnorVice Chairmain$16KSusanna Defranco — Treasurer: $15KSusanna DefrancoTreasurer$15KSteve Benton — Director: $15KSteve BentonDirector$15KScott Johs — Director: $14KScott JohsDirector$14KTim Niesz — Director: $14KTim NieszDirector$14KJeff Homer — Secretary: $13KJeff HomerSecretary$13KCaitlin Davison — Director: $11KCaitlin DavisonDirector$11KThomas Cummiskey — Director (Thru 4/23/24): $10KThomas CummiskeyDirector (Thru 4/23/24)$10KMike Vasko — Director (Thru 4/23/24): $5KMike VaskoDirector (Thru 4/23/24)$5K

The highest reported compensation on the 2024 filing was $927K, to Alan Althouse (President & CEO). 24 officers or directors reported compensation on that filing.

Frequently asked questions about Truwest Credit Union

How much does Truwest Credit Union give each year?

Truwest Credit Union gave $168K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $203K across 7 grants.

What is Truwest Credit Union's typical grant size?

Truwest Credit Union's median grant in 2024 was $18,000, and its average grant was $28,043, across 6 grants on its 2024 IRS Form 990.

Where does Truwest Credit Union give grants?

Truwest Credit Union gives mostly in Arizona: 83% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Texas (12%) and Washington (5%). The most frequent recipient cities were Phoenix, AZ (2 grants).

Does Truwest Credit Union give general operating support?

Yes: 83% of Truwest Credit Union's 2024 grants with a stated purpose (5 of 6) were for general or operating support, per its 2024 IRS Form 990.

Who are Truwest Credit Union's largest grantees?

Truwest Credit Union's largest 2024 grantees include Phoenix Children's Hospital ($68,075), American Lung Association ($45,960) and Maricopa Community Colleges Foundation ($25,000), according to its 2024 IRS Form 990. Together they received 83% of its itemized 2024 grant dollars.

How large is Truwest Credit Union?

Truwest Credit Union reported $1.6B in total assets on its 2024 IRS Form 990. Its revenue that year was $110.5M.

What is Truwest Credit Union's EIN?

Truwest Credit Union's EIN (Employer Identification Number) is 86-6050959. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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