Sound Credit Union
Tacoma, WA · EIN 91-0557925 · Rank 3,290 by total revenue
Cooperative providing financial services, including loans and share deposits to its members.
Money, Form 990 for tax year 2024
- Total revenue
- $178,242,646
- Total expenses
- $163,923,839
- Total assets
- $3,072,228,160
- Salary base (all salaries and wages)
- $36,216,203
- Salaries, other pay and benefits
- $48,051,469
- Employees
- 487
- Salary base per employee
- $74,366
"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 (17)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Donald Clark Jr | PRESIDENT/CEO | Officer | 40 | $2,397,268 |
| Wendy Cleveland Thru 224 | EVP/CHIEF OPERATIONS OFFICER | Officer | 40 | $492,600 |
| Stacey Wilkerson | EVP/CHIEF FINANCIAL & RISK OFFICER | Officer | 40 | $314,724 |
| John Bauder | CHAIR | Board, Officer | 1 | $41,750 |
| Barry Wallis | VICE CHAIR | Board, Officer | 1 | $40,000 |
| Altaf Merchant | SECRETARY/TREASURER | Board, Officer | 1 | $35,000 |
| Robyn Lachance | EVP/CHIEF STRATEGY OFFICER | Key employee | 40 | $431,544 |
| Charlene Henson | SVP/CHIEF RETAIL OFFICER | Key employee | 40 | $399,252 |
| Lyman Williams | SVP/CHIEF LENDING & BUSINESS OFFICER | Key employee | 40 | $396,869 |
| Nancy Sternitzky | SVP/CHIEF INFORMATION OFFICER | Key employee | 40 | $352,081 |
| Kimberly Mapes | SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER | Key employee | 40 | $339,265 |
| Shelley Coleman | DIRECTOR | Board | 1 | $45,250 |
| James Griggs | DIRECTOR | Board | 1 | $41,000 |
| Haluk Demirkan | DIRECTOR | Board | 1 | $40,000 |
| David Wasson | DIRECTOR | Board | 1 | $40,000 |
| Terry Pentimonti | DIRECTOR | Board | 1 | $39,000 |
| Brenda Goodson-Moore | DIRECTOR | Board | 1 | $35,000 |
Top 10 paid people listed
These 10 people received $5,723,922, which is 15.8% of the $36,216,203 salary base shared by 487 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Donald Clark Jr | PRESIDENT/CEO | Officer | 40 | $2,174,396 | $0 | $222,872 | $2,397,268 |
| Wendy Cleveland Thru 224 | EVP/CHIEF OPERATIONS OFFICER | Officer | 40 | $438,818 | $0 | $53,782 | $492,600 |
| Robyn Lachance | EVP/CHIEF STRATEGY OFFICER | Key employee | 40 | $406,854 | $0 | $24,690 | $431,544 |
| Charlene Henson | SVP/CHIEF RETAIL OFFICER | Key employee | 40 | $367,445 | $0 | $31,807 | $399,252 |
| Lyman Williams | SVP/CHIEF LENDING & BUSINESS OFFICER | Key employee | 40 | $361,458 | $0 | $35,411 | $396,869 |
| Nancy Sternitzky | SVP/CHIEF INFORMATION OFFICER | Key employee | 40 | $321,678 | $0 | $30,403 | $352,081 |
| Kimberly Mapes | SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER | Key employee | 40 | $313,340 | $0 | $25,925 | $339,265 |
| Ryan Zilker | SVP/CHIEF GROWTH OFFICER | Highly paid employee | 40 | $305,809 | $0 | $26,558 | $332,367 |
| Stacey Wilkerson | EVP/CHIEF FINANCIAL & RISK OFFICER | Officer | 40 | $298,067 | $0 | $16,657 | $314,724 |
| Anthony Phillips | VP BUSINESS LOAN OFFICER | Highly paid employee | 40 | $246,001 | $0 | $21,951 | $267,952 |
Sources
- IRS e-file return 202513049349300936 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 91-0557925
- Organization website (as filed): www.soundcu.com