Compensation 990

Sound Credit Union

Fiscal year ending 2024. Filed on October 31, 2025.

PO Box 1595
Tacoma, Washington 98401

Sound Credit Union (EIN: 91-0557925) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Sound Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 487 total employees. Among the employees shown here, the average compensation is $497,789. The highest compensated employee at Sound Credit Union is Donald Clark Jr with fiscal year 2024 compensation of $2,397,268.

Revenue, expenses, and employee compensation

Revenue

$178,242,646

Expenses

$163,923,839

Employee compensation

$48,051,469
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Donald Clark Jr
President and Chief Executive Officer
$2,397,268
$2,174,396 from orgNo related comp$222,872 other
Wendy Cleveland Thru 224
Evp/Chief Operations Officer
$492,600
$438,818 from orgNo related comp$53,782 other
Robyn Lachance
Evp/Chief Strategy Officer
$431,544
$406,854 from orgNo related comp$24,690 other
Charlene Henson
Svp/Chief Retail Officer
$399,252
$367,445 from orgNo related comp$31,807 other
Lyman Williams
Svp/Chief Lending and Business Officer
$396,869
$361,458 from orgNo related comp$35,411 other
Nancy Sternitzky
Senior Vice President and Chief Information Officer
$352,081
$321,678 from orgNo related comp$30,403 other
Kimberly Mapes
Svp/Chief Employee Engagement Officer
$339,265
$313,340 from orgNo related comp$25,925 other
Ryan Zilker
Svp/Chief Growth Officer
$332,367
$305,809 from orgNo related comp$26,558 other
Stacey Wilkerson
Evp/Chief Financial and RISK Officer
$314,724
$298,067 from orgNo related comp$16,657 other
Anthony Phillips
Vice President Business LOAN Officer
$267,952
$246,001 from orgNo related comp$21,951 other
Curtis Anderson Thru 524
Vp/Business Lending
$254,235
$225,899 from orgNo related comp$28,336 other
Uwe Goeker
Vp/Change Management and Enterprise Projects
$248,795
$219,720 from orgNo related comp$29,075 other

Non-Employee Board Members

Shelley Coleman
Director
$45,250
$45,250 from orgNo related compNo other comp
John Bauder
Chair
$41,750
$41,750 from orgNo related compNo other comp
James Griggs
Director
$41,000
$41,000 from orgNo related compNo other comp
David Wasson
Director
$40,000
$40,000 from orgNo related compNo other comp
Haluk Demirkan
Director
$40,000
$40,000 from orgNo related compNo other comp
Barry Wallis
Vice Chair
$40,000
$40,000 from orgNo related compNo other comp
Terry Pentimonti
Director
$39,000
$39,000 from orgNo related compNo other comp
Brenda Goodson-Moore
Director
$35,000
$35,000 from orgNo related compNo other comp
Altaf Merchant
Secretary and Treasurer
$35,000
$35,000 from orgNo related compNo other comp

Contractors

Visa Inc.
Card Services/Processing Fees
$4,224,550
Lockton
Credit Insurance
$3,051,738
NCR
Digital Banking
$2,651,812
Southwest Business Corporation
Financial and Insurance
$1,360,704
Jack Henry & Associates
IT System
$884,920

Mission Statement

A MEMBER OWNED COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS.

Revisions to this organization profile

October 31, 2025:
2024 Sound Credit Union 990 filed
November 15, 2024:
2023 Sound Credit Union 990 filed
October 27, 2023:
2022 Sound Credit Union 990 filed

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