Washington State Employees Credit Union
WASHINGTON STATE EMPLOYEES CREDIT UNION (WSECU) is based in Olympia, Washington, and is listed as a **Form 990 (a public charity)**. Founded in 1957, it describes itself as a member-powered, not-for-profit credit union founded by public employees.
Key facts about Washington State Employees Credit Union
In short: Washington State Employees Credit Union gave $881K across 18 grants in 2024 (avg $49K), mostly in Washington. Source: 2024 IRS Form 990.
- EIN
- 91-0683062
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $881,000
- Grants made (2024)
- 18
- Average grant
- $48,944
- Median grant
- $27,500
- Total assets
- $5,165,066,329
- Primary geography
- Washington (100% 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
$5.2B
-3.6% YoY
Annual Giving
$881K
Grant Count
18
Avg Grant Size
$49K
Mission & Focus Areas
WSECU’s stated mission is “to provide services to members which are mandated in the Credit Union Act to charters and to provide a means whereby members can provide each other with needed financial services.”
The organization’s website describes financial support for education, including partnerships with youth-focused organizations and public higher education, with an emphasis on first-generation college students and students of color. It also identifies support for basic-needs programs, public employees and shared public assets, and equitable access to financial services. The website describes a multiyear partnership with the University of Washington Tacoma and Bothell campuses to support student success.
The 2024 filing lists contributions for purposes including children’s learning experiences, student success, scholarships, financial literacy education, access to parks, educational equity, and civic engagement. The supported organizations describe their own work in varied terms: Seattle Colleges Foundation says it advances Seattle Colleges and works to transform lives, promote equity, and increase access to affordable education; Pacific Lutheran University says it educates students for inquiry, service, leadership, and care; and The Breakfast Group says it works toward economic development and effective leadership in the African American community, emphasizing youth education. Other 2024 recipients include United Way of Thurston County, whose stated mission focuses on health, education, and financial stability in Thurston County; The Evergreen State College Foundation, which says it supports students and the college’s public service; and ROOTS Young Adult Shelter, which says it partners with young adults on their journey to stability.
WSECU also describes member-facing programs: annual scholarships for WSECU members pursuing higher education and a homebuyer grant for eligible borrowers whose home loan funds with WSECU. These are programs for participants, not grants to outside organizations.
Grantmaking
The 2024 filing lists 18 contributions totaling **$881,000**. Amounts ranged from $7,500 to $250,000, with a median of $27,500. The filing states that contributions to organizations are charitable donations, not grants, and that WSECU does not monitor use of the funds after disbursement.
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Geographic Focus
Where this funder awards grants
All grant dollars listed for 2024 went to recipients in Washington. WSECU’s website describes its commitment to strong communities throughout Washington.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 18 grants totaling $881K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hands of Children's Museum ($250K). Together the top 10 received $766K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 13 grants of 18 (72%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hands of Children's Museum Olympia, WA | To provide hands-on, engaging learning experiences for children and aims to foster curiosity and creativity. | $250,000 |
| University of WA Foundation Tacoma, WA | To support student success, especially for first-generation college students and students of color. | $100,000 |
| Seattle Colleges Foundation Seattle, WA | To support student success, especially for first-generation college students and students of color. | $100,000 |
| University of Washington Bothell Bothell, WA | To support student success, especially for first-generation college students and students of color. | $100,000 |
| Eastern Wa University Foundation Cheney, WA | To offer financial resources and education to the university community. | $60,500 |
| Wa State Parks Foundation Seattle, WA | To allow greater access to parks across the state. | $35,000 |
| SPSCC Foundation Olympia, WA | To Provide Scholarships for Students. | $35,000 |
| Pacific Lutheran University Tacoma, WA | Community Involvement. | $30,000 |
| Junior Achievement Auburn, WA | To support financial literacy education for k-12 students in the state. | $30,000 |
| The Breakfast Group Seattle, WA | To heal the educational equity gap and racial divide. | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Contributions listed |
|---|---|---|---|---|
| 2024 | $5,165,066,329 | $335,996,713 | $331,443,360 | $881,000 (18) |
| 2023 | $5,357,264,547 | $317,874,177 | $289,348,460 | $0 (0) |
| 2022 | $4,932,136,053 | $218,232,879 | $200,999,720 | $0 (0) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,165,066,329 | $5,357,264,547 | $4,932,136,053 |
| Revenue | $335,996,713 | $317,874,177 | $218,232,879 |
| Expenses | $331,443,360 | $289,348,460 | $200,999,720 |
| Net Investment Income | $28,832,852 | $47,103,269 | $16,402,549 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Veronica Bronkema as board chair, Marcus Glaspar as board vice chair, Vikki Smith as board secretary, and Doug Mah, Tracy Guerin, Stacia Hollar, Steve Lerch, Joseph Pearson, Carole Washburn, and Gary Swindler as board members. Gary Swindler is also listed as president/CEO.
Washington State Employees Credit Union is led by Gary Swindler, President & CEO since 2024 (on filings since 2020); all 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gary Swindler
President & CEO
President & CEO → President - CEO, 2022
President - CEO → President & CEO, 2024
On filings since 2020
40 hrs/week
$795K (2020) → $2.2M (2024)
Veronica Bronkema
Board Chair
Board Member → Board Vice Chair, 2023
Board Vice Chair → Board Chair, 2024
On filings since 2020
1 hr/week
$2K (2021) → $736 (2024)
Carole Washburn
Board Member
Board Chair → Board Past Chair, 2023
Board Past Chair → Board Member, 2024
On filings since 2020
1 hr/week
$2K (2022) → $2K (2024)
Doug Mah
Board Member
Board Secretary → Board Chair, 2023
Board Chair → Board Member, 2024
On filings since 2020
1 hr/week
$3K (2023) → $707 (2024)
Marcus Glaspar
Board Vice Chair
Board Member → Board Secretary, 2023
Board Secretary → Board Vice Chair, 2024
On filings since 2020
1 hr/week
$2K (2024)
Paul Kirkbride
Chief Operating Officer
On filings since 2020
40 hrs/week
$732K (2020) → $636K (2024)
Randy Gunderson
Chief Financial Officer
On filings since 2020
40 hrs/week
$815K (2020) → $610K (2024)
Tracy Guerin
Board Member
Board Chair → Board Past Chair, 2022
Board Past Chair → Board Member, 2023
On filings since 2020
1 hr/week
$741 (2020) → $2K (2024)
Vikki Smith
Board Secretary
Board Member → Board Secretary, 2024
On filings since 2021
1 hr/week
$2K (2023) → $2K (2024)
Emily Friesen
Chief Marketing & Analytics Officer
On filings since 2022
40 hrs/week
$182K (2022) → $441K (2024)
Jeff Reese
Financial Advisor
On filings since 2022
40 hrs/week
$262K (2022) → $295K (2024)
Stacia Hollar
Board Member
On filings since 2022
1 hr/week
$1K (2022) → $1K (2024)
Joseph Pearson
Board Member
On filings since 2023
1 hr/week
$1K (2024)
Judith Henderson
Chief Technology Officer
Chief Tech, Ops Officer & CEO Qcf → Chief Technology Officer, 2024
On filings since 2023
40 hrs/week
$313K (2023) → $405K (2024)
Julie Lind
Chief Lending Officer
On filings since 2023
40 hrs/week
$295K (2023) → $426K (2024)
Ryan Brooks
Chief Digital Officer
On filings since 2023
40 hrs/week
$216K (2023) → $272K (2024)
Steve Lerch
Board Member
On filings since 2023
1 hr/week
$2K (2024)
Aaron Robel
Vice President Information Security & Fraud
New on the 2024 filing
40 hrs/week
$277K (2024)
Ann Flannigan
Vice President Public Relations
New on the 2024 filing
40 hrs/week
$283K (2024)
Jamila Thomas
Chief Administrative Officer
New on the 2024 filing
40 hrs/week
$287K (2024)
Kimberly Duffy
Vice President People & Culture Services
New on the 2024 filing
40 hrs/week
$296K (2024)
Petar Jelinic
Vice President Business Lending
New on the 2024 filing
40 hrs/week
$282K (2024)
Former officers (20)
- Former: Jeff Amira (2020–2023) — Lending Officer - Seattle Area
- Former: Sharon Whitehead (2020–2023) — Chief Administrative Officer
- Former: Trudy Soucoup (2020–2023) — Board Member
- Former: Mike Vanderlinde (2021–2023) — Board Member
- Former: Mary Evans (2022–2023) — Lending Officer - Seattle Area
- Former: Carole Sullivan (2023) — Lending Officer - Seattle Area
- Former: Kim Duffy (2023) — Vice President, People & Culture Services
- Former: Cameron Brookshire (2020–2022) — Loan Officer
- Former: Tanya Hill (2020–2022) — Loan Officer
- Former: Travis Matheson (2020–2022) — Board Member
- Former: Ben Morales (2022) — Chief Tech, Ops Officer & CEO Qcf
- Former: Benjamin Morales (2020–2021) — Chief Tech, Ops Officer & CEO Qcf
- Former: Cindy Schaumburg (2020–2021) — Loan Officer
- Former: Mike Stevenson (2021) — Prior Board Member
- Former: Patricia Kovolyan (2021) — Loan Officer
- Former: Chris Wise (2020) — Loan Officer
- Former: Jennifer Statham (2020) — Chief Marketing & Analytics Officer
- Former: Kevin Foster-Keddie (2020) — Advisor to the CEO
- Former: Michael Stevenson (2020) — Board Member
- Former: Susan Poch (2020) — Board Secretary
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
The highest reported compensation on the 2024 filing was $2.2M, to Gary Swindler (President/CEO). 22 officers or directors reported compensation on that filing.
Contact
Mailing address: PO Box Wsecu, Olympia, WA 98507-0099
Phone: (360) 943-7911
Website: https://wsecu.org
Frequently asked questions about Washington State Employees Credit Union
How much does Washington State Employees Credit Union give each year?
Washington State Employees Credit Union gave $881K across 18 grants in 2024, according to its 2024 IRS Form 990.
What is Washington State Employees Credit Union's typical grant size?
Washington State Employees Credit Union's median grant in 2024 was $27,500, and its average grant was $48,944, across 18 grants on its 2024 IRS Form 990.
Where does Washington State Employees Credit Union give grants?
Washington State Employees Credit Union gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Olympia, WA (6 grants), Seattle, WA (4 grants) and Tacoma, WA (2 grants).
Does Washington State Employees Credit Union give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Washington State Employees Credit Union's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Involvement." (5 grants).
Who are Washington State Employees Credit Union's largest grantees?
Washington State Employees Credit Union's largest 2024 grantees include Hands of Children's Museum ($250,000), University of WA Foundation ($100,000) and Seattle Colleges Foundation ($100,000), according to its 2024 IRS Form 990. Together they received 51% of its itemized 2024 grant dollars.
How large is Washington State Employees Credit Union?
Washington State Employees Credit Union reported $5.2B in total assets on its 2024 IRS Form 990. Its revenue that year was $336.0M.
What does Washington State Employees Credit Union fund?
WSECU’s stated mission is “to provide services to members which are mandated in the Credit Union Act to charters and to provide a means whereby members can provide each other with needed financial services.” See mission & focus areas ↑
How do I apply for a grant from Washington State Employees Credit Union?
Washington State Employees Credit Union has no public application process in the sources Grantable reviewed. Check wsecu.org for current guidelines, or contact the foundation directly before submitting a request.
What is Washington State Employees Credit Union's EIN?
Washington State Employees Credit Union's EIN (Employer Identification Number) is 91-0683062. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Washington State Employees Credit Union by hand.
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