Qualstar Credit Union
Bothell, WA · EIN 91-6035907 · Rank 8,458 by total revenue
We are a credit union providing financial products & services to members.
Money, Form 990 for tax year 2024
- Total revenue
- $58,863,677
- Total expenses
- $49,819,511
- Total assets
- $832,351,744
- Salary base (all salaries and wages)
- $9,527,528
- Salaries, other pay and benefits
- $12,126,589
- Employees
- 159
- Salary base per employee
- $59,922
"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 (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Michael G Elfstrom | PRESIDENT | Officer | 40 | $488,951 |
| Brook Hamilton | CFO | Officer | 40 | $71,549 |
| Mitch Johnson | BOARD CHAIRMAN | Board, Officer | 4 | $2,857 |
| Leanne Califano | BOARD VICE CHAIR | Board, Officer | 3 | $1,592 |
| Doug Scott | BOARD SECRETARY/TREASURER | Board, Officer | 3 | $717 |
| Roshalle Dearment | SVP OF LENDING | Key employee | 40 | $250,893 |
| Michael Bishop | SVP OF OPERATIONS | Key employee | 40 | $243,819 |
| Ade' Ariwoola | BOARD MEMBER | Board | 3 | $1,906 |
| Tracy Oster | BOARD MEMBER | Board | 3 | $1,687 |
| Cheryl Silva | BOARD MEMBER | Board | 3 | $1,523 |
| Kim Brown | BOARD MEMBER | Board | 3 | $1,111 |
| Kim Zier | BOARD MEMBER (THRU 4/24) | Board | 3 | None reported |
| Noel McMurtray | BOARD MEMBER | Board | 3 | None reported |
| Russ De Wolfe | BOARD MEMBER | Board | 3 | None reported |
Top 10 paid people listed
These 10 people received $2,005,791, which is 21.1% of the $9,527,528 salary base shared by 159 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Michael G Elfstrom | PRESIDENT | Officer | 40 | $447,622 | $0 | $41,329 | $488,951 |
| Roshalle Dearment | SVP OF LENDING | Key employee | 40 | $226,608 | $0 | $24,285 | $250,893 |
| Michael Bishop | SVP OF OPERATIONS | Key employee | 40 | $210,124 | $0 | $33,695 | $243,819 |
| Jason Ball | VP OF IT | Highly paid employee | 40 | $203,000 | $0 | $26,784 | $229,784 |
| Lacinda Blanchette | VP OF MEMBER ENGAGEMENT | Highly paid employee | 40 | $186,774 | $0 | $23,357 | $210,131 |
| Patience Tennis | VP OF HR | Highly paid employee | 40 | $188,073 | $0 | $15,444 | $203,517 |
| William Hanaford | INVESTMENT ADVISOR | Highly paid employee | 40 | $142,992 | $0 | $13,989 | $156,981 |
| Carla Pizarro | DIR. BUSINESS SOLUTIONS/AUDIT | Highly paid employee | 40 | $133,660 | $0 | $13,649 | $147,309 |
| Brook Hamilton | CFO | Officer | 40 | $68,586 | $0 | $2,963 | $71,549 |
| Mitch Johnson | BOARD CHAIRMAN | Board, Officer | 4 | $2,857 | $0 | $0 | $2,857 |
Sources
- IRS e-file return 202523219349315507 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 91-6035907
- Organization website (as filed): qualstarcu.com