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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 2022. Filed on November 14, 2023.

3740 Bardstown Road
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 2022 IRS Form 990 filing, Transcend Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 79 total employees. Among the employees shown here, the average compensation is $421,108. The highest compensated employee at Transcend Credit Union is Richard Reese with fiscal year 2022 compensation of $2,300,737. Transcend Credit Union changed its name from Transcend Credit Union fka Kentucky Telco Credit Union in 2018.

Revenue, expenses, and employee compensation

Revenue

$19,810,311

Expenses

$16,778,299

Employee compensation

$7,537,395
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Reese
President and Chief Executive Officer
$2,300,737
$1,766,719 No related comp$534,018
Vickie Shellenberg
Executive Vice President
$466,376
$377,358 No related comp$89,018
Branden Bledsoe
Senior Vice President, Operations
$267,097
$224,904 No related comp$42,193
Phillip Dysinger
Chief Experience Officer
$202,759
$166,233 No related comp$36,526
Matthew Holbrook
Chief Lending Officer
$196,329
$169,350 No related comp$26,979
Matthew Lancaster
Vp/Finance and Controller
$167,145
$138,883 No related comp$28,262
James Stopher
Chief Retail Banking Officer
$163,839
$138,202 No related comp$25,637
Donna Workman
Svp/Cfo (Until March 2022)
$161,111
$153,919 No related comp$7,192
Charles Newman
Information Technology Director
$155,768
$132,634 No related comp$23,134
Paula Jackson
Human Resources Director
$129,921
$114,929 No related comp$14,992

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Hall
Board Member
Cora Brown
Board Member
Doug O'Connell
Board Member
Jackie White
Secretary
Kevin Roberts
Board Member
Mark Booker
Chair
Richard Dowdell
Vice Chair
Sheryl Distler
Treasurer
Vanessa Haulk
Board Member

Contractors

Jack Henry & Associates
Software Core Processor
$442,199
Matrix Integration LLC
Computer Network Maintenance
$339,499
Level 3 Communications
Communications Provider
$147,768
Matly Digital Solutions LLC
Print Marketing
$115,400
Qsi Inc.
Cash Recyclers and ATM
$110,221

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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