Credit Unions in the State of Washington
Tukwila, WA · EIN 91-0219435 · Rank 357 by total revenue
As a cooperative we bring people together to improve the financial well-being of our members and their communities.
Money, Form 990 for tax year 2024
- Total revenue
- $1,776,584,337
- Total expenses
- $1,536,607,880
- Total assets
- $29,352,686,764
- Salary base (all salaries and wages)
- $393,385,514
- Salaries, other pay and benefits
- $513,441,087
- Employees
- 3,711
- Salary base per employee
- $106,005
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (23)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Beverly Anderson | President CEO | Board, Officer | 40 | $2,708,879 |
| Melba Bartels | EVP Chief Financial Officer | Officer | 40 | $2,142,715 |
| Michael Scott Strand | EVP Chief Operating Officer | Officer | 40 | $1,971,464 |
| Rick Eiel | EVP Chief Data and Analytics Officer | Officer | 40 | $1,154,115 |
| Nathan Ramachandran | EVP Chief Technology Officer | Officer | 40 | $1,039,400 |
| Douglas Marshall | EVP Chief Product Digital Officer | Officer | 40 | $1,007,405 |
| Jason Rudman | EVP Chief Membership Experience Officer | Officer | 40 | $885,486 |
| Beth Hale | EVP Chief Consumer and Business Solutions Officer | Officer | 40 | $841,726 |
| John Stewart | EVP Chief Risk Officer | Officer | 40 | $828,369 |
| Raquel Karls | EVP Chief People Officer | Officer | 40 | $705,140 |
| Drew Wolff | EVP Chief Financial Officer | Officer | 40 | $687,100 |
| Mike Ryan | EVP Chief Legal Officer and General Counsel | Officer | 40 | $634,919 |
| Shawna Thompson | EVP Head of Operations | Officer | 40 | $565,516 |
| Lisa Grove | SVP Chief Audit Executive | Key employee | 40 | $481,487 |
| Debra Somberg | Director Chairperson | Board | 6 | $154,375 |
| John McMurray | Director | Board | 6 | $131,305 |
| Bill Longbrake | Director | Board | 6 | $126,250 |
| Matthew Oppenheimer | Director | Board | 6 | $126,250 |
| Patrick Smith | Director | Board | 6 | $120,261 |
| Denis Farmer | Director | Board | 6 | $113,750 |
| Manolo Sanchez | Director | Board | 6 | $113,750 |
| Vanessa Pegueros | Director | Board | 6 | $113,750 |
| Susan Ehrlich | Director | Board | 6 | $65,481 |
Top 10 paid people listed
These 10 people received $15,551,565, which is 4.0% of the $393,385,514 salary base shared by 3,711 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Beverly Anderson | President CEO | Board, Officer | 40 | $2,617,610 | $0 | $91,269 | $2,708,879 |
| Xiaobo Ni | Sr Mortgage Advisor - Primary Market | Highly paid employee | 40 | $2,152,742 | $0 | $104,236 | $2,256,978 |
| Melba Bartels | EVP Chief Financial Officer | Officer | 40 | $2,121,166 | $0 | $21,549 | $2,142,715 |
| Michael Scott Strand | EVP Chief Operating Officer | Officer | 40 | $1,957,229 | $0 | $14,235 | $1,971,464 |
| Thomas Berquist | Former EVP Chief Marketing Officer | Former | 40 | $1,208,316 | $0 | $0 | $1,208,316 |
| Rick Eiel | EVP Chief Data and Analytics Officer | Officer | 40 | $1,051,060 | $0 | $103,055 | $1,154,115 |
| Bobbi Moody | Sr Mortgage Advisor - Primary Market | Highly paid employee | 40 | $1,037,368 | $0 | $94,270 | $1,131,638 |
| Nathan Ramachandran | EVP Chief Technology Officer | Officer | 40 | $930,493 | $0 | $108,907 | $1,039,400 |
| Douglas Marshall | EVP Chief Product Digital Officer | Officer | 40 | $981,811 | $0 | $25,594 | $1,007,405 |
| John Benson Porter | Former President CEO | Former | 0 | $926,229 | $0 | $4,426 | $930,655 |
Sources
- IRS e-file return 202543189349309639 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 91-0219435
- Organization website (as filed): www.becu.org