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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Transcend Credit Union

Transcend Credit Union

Fiscal year ending 2018. Filed on October 24, 2019.

3740 Bardstown Road
Suite 1400
Louisville, Kentucky 40218

Transcend Credit Union (EIN: 61-0360420) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Transcend Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 102 total employees. Among the employees shown here, the average compensation is $332,823. The highest compensated employee at Transcend Credit Union is Richard Reese with fiscal year 2018 compensation of $1,175,528. Transcend Credit Union changed its name from Transcend Credit Union fka Kentucky Telco Credit Union in 2018.

Revenue, expenses, and employee compensation

Revenue

$20,958,735

Expenses

$17,848,003

Employee compensation

$6,944,022
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Reese
President and Chief Executive Officer
$1,175,528
$519,606 No related comp$655,922
Vickie Shellenberg
Executive Vice President
$354,330
$275,737 No related comp$78,593
Donna Workman
Senior Vice President and Chief Financial Officer
$212,219
$164,696 No related comp$47,523
Branden Bledsoe
Vice President, Operations
$182,793
$147,882 No related comp$34,911
Terri Berg
Regional Branch Manager
$142,913
$128,290 No related comp$14,623
Adam Reynolds
Director of Consumer Lending
$136,006
$119,446 No related comp$16,560
Charles Newman
Director of IT (AS of April 2018)
$125,972
$106,222 No related comp$19,750

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Hall
Board Member
Cora Brown
Board Member
Jackie White
Secretary
Kevin Roberts
Board Member
Mark Booker
Chair
Naomi Christian
VICE Chair (Until September 2018)
Richard Dowdell
Treasurer
Sheryl Distler
Board Member
Tom Mueller
VICE Chair (AS of October 2018)
Vanessa Haulk
Board Member (AS of October 2018)

Contractors

Jack Henry & Associates Inc.
Software Core Processor
$395,559
William M Welch Architects
Architect
$219,920
Matly Digital Solutions LLC
Marketing
$191,840
Lending Solutions Inc.
Indirect Loan Underwriting
$174,172
Scoppechio
Marketing
$153,109

Mission Statement

THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.

Revisions to this organization profile

October 7, 2025:
2024 Transcend Credit Union 990 filed
November 11, 2024:
2023 Transcend Credit Union 990 filed
November 14, 2023:
2022 Transcend Credit Union 990 filed

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