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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 Washington State Employees Credit Union

Washington State Employees Credit Union

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

PO Box Wsecu
Of Advancement
Olympia, Washington 98507

Washington State Employees Credit Union (EIN: 91-0683062) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Washington State Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 747 total employees. Among the employees shown here, the average compensation is $416,165. The highest compensated employee at Washington State Employees Credit Union is Kevin Foster-Keddie with fiscal year 2017 compensation of $900,986.

Revenue, expenses, and employee compensation

Revenue

$162,502,294

Expenses

$143,309,512

Employee compensation

$55,974,511
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Foster-Keddie
President and Chief Executive Officer
$900,986
$863,625 No related comp$37,361
Gary Swindler
Chief Operating Officer
$550,489
$360,048 No related comp$190,441
Benjamin Morales
Chief Technology and Operations Officer
$535,295
$348,106 No related comp$187,189
Randy Gunderson
Chief Financial Officer
$524,328
$354,950 No related comp$169,378
Sharon Whitehead
Chief Administrative Officer
$499,067
$335,978 No related comp$163,089
Jennifer Statham
Chief Brand Technologist
$415,502
$344,771 No related comp$70,731
Mark Allen
Former Chief Credit Officer
$364,680
$364,680 No related compNo other comp
Paul Kirkbride
Chief Credit Officer
$314,402
$290,415 No related comp$23,987
Cynthia Schaumburg
HOME LOAN Consultant
$287,826
$247,165 No related comp$40,661
Tanya Hill
HOME LOAN Consultant
$269,639
$233,840 No related comp$35,799
David Luchtel
Vice President, Information Technology
$265,843
$223,010 No related comp$42,833
Richard Ladd
Vice President Residential Lending
$251,857
$211,756 No related comp$40,101

Benchmark Employee Compensation

Non-Employee Board Members

Randy Hodgins
Board Member
$2,441
$2,441 No related compNo other comp
Trudy Soucoup
Board Member
$1,668
$1,668 No related compNo other comp
Fred Olson
Board Vice Chair
$1,188
$1,188 No related compNo other comp
Doug Mah
Board Secretary
$979
$979 No related compNo other comp
Mike Stevenson
Board Member
$656
$656 No related compNo other comp
Marcus Glaspar
Board Member
No compensation reported
Carole Washburn
Board Chair
No compensation reported
Tracy Guerin
Board Member
No compensation reported
Rita Koontz
Board Member
No compensation reported

Contractors

Balfour Beatty Construction LLC
Branch Construction
$12,423,506
Kidder Mathews Funding Inv Only
Property Management
$2,614,698
Backbase USA Inc.
Digital Banking Consulting/Implementatio
$2,421,572
Kaye Smith
Statement/Forms Printer and Mailer
$2,200,127
Bank of America
Escrow Admin Fees
$1,294,625

Mission Statement

TO PROVIDE SERVICES TO MEMBERS WHICH ARE MANDATED IN THE CREDIT UNION ACT TO CHARTERS AND TO PROVIDE A MEANS WHEREBY MEMBERS CAN PROVIDE EACH OTHER WITH NEEDED FINANCIAL SERVICES.

Revisions to this organization profile

November 5, 2025:
2024 Washington State Employees Credit Union 990 filed
October 16, 2024:
2023 Washington State Employees Credit Union 990 filed
October 31, 2023:
2022 Washington State Employees Credit Union 990 filed

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