Compensation 990

Harborstone Credit Union

Fiscal year ending 2017. Filed on November 14, 2018.

PO Box 4207
Tacoma, Washington 98438

Harborstone Credit Union (EIN: 91-0659059) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Harborstone Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 287 total employees. Among the employees shown here, the average compensation is $300,085. The highest compensated employee at Harborstone Credit Union is Phil Jones with fiscal year 2017 compensation of $832,302.

Revenue, expenses, and employee compensation

Revenue

$54,023,361

Expenses

$46,757,171

Employee compensation

$18,847,099
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Phil Jones
President and Chief Executive Officer
$832,302
$557,598 from orgNo related comp$274,704 other
Laurie Leno
Senior Vice President and Chief Financial Officer
$499,639
$413,901 from orgNo related comp$85,738 other
Michael Decius
Senior Vice President and Chief Information Officer
$398,512
$343,777 from orgNo related comp$54,735 other
Steve Crosby
Senior Vice President and Chief Operating Officer
$299,114
$204,277 from orgNo related comp$94,837 other
Tom Graves
Executive Vice President (8/17)
$256,063
$220,559 from orgNo related comp$35,504 other
Michael Powell
Senior Vice President and CLO
$236,281
$180,734 from orgNo related comp$55,547 other
Doug Richardson
Vice President Training/Administration
$214,172
$152,475 from orgNo related comp$61,697 other
Forest Hayes
Vice President Chief RISK Officer
$202,229
$166,556 from orgNo related comp$35,673 other
Jeff Ivey
Senior Vice President Strategic Operation (11/17)
$191,684
$164,445 from orgNo related comp$27,239 other
Ralph Kowal
Advisor
$163,744
$137,236 from orgNo related comp$26,508 other
Frank Marzano
Vice President Business Banking
$156,269
$128,255 from orgNo related comp$28,014 other
Stephanie Nicklaus
Vice President Credit Administrator
$151,011
$124,260 from orgNo related comp$26,751 other

Non-Employee Board Members

Bonnie Kern
Board Member
$377
$0 from orgNo related comp$377 other
Ann Anderson
Chair
$377
$0 from orgNo related comp$377 other
Jim Buck
Vice Chair
$377
$0 from orgNo related comp$377 other
Ivan Barron
Board Member
$377
$0 from orgNo related comp$377 other
Shellie Willis
Board Member
$377
$0 from orgNo related comp$377 other
Rick Stevens
Board Member
$377
$0 from orgNo related comp$377 other
Tom Dempsey
Board Member
$377
$0 from orgNo related comp$377 other
Richard Evans
Board Member
$377
$0 from orgNo related comp$377 other
Linda Crane Nelsen
Secretary
$377
$0 from orgNo related comp$377 other
Michael Gedeon
Board Member
$377
$0 from orgNo related comp$377 other

Mission Statement

HARBORSTONE CREDIT UNION IS WORLD-CLASS FINANCIAL INSTITUTION THAT BUILDS TRUST AS IT ASSISTS MEMBERS IN ACHIEVING FINANCIAL WELL-BEING THROUGH INNOVATIVE SOLUTIONS THAT FOSTER THRIVING COMMUNITIES AND ECONOMIC VITALITY.

Revisions to this organization profile

September 16, 2025:
2024 Harborstone Credit Union 990 filed
November 14, 2024:
2023 Harborstone Credit Union 990 filed
November 10, 2023:
2022 Harborstone Credit Union 990 filed

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