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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 2018. Filed on November 4, 2019.

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 2018 IRS Form 990 filing, Washington State Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 758 total employees. Among the employees shown here, the average compensation is $450,848. The highest compensated employee at Washington State Employees Credit Union is Kevin Foster-Keddie with fiscal year 2018 compensation of $1,159,371.

Revenue, expenses, and employee compensation

Revenue

$186,348,441

Expenses

$149,714,114

Employee compensation

$61,815,251
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Foster-Keddie
President and Chief Executive Officer
$1,159,371
$1,103,409 No related comp$55,962
Gary Swindler
Chief Operating Officer
$540,553
$439,013 No related comp$101,540
Randy Gunderson
Chief Financial Officer
$486,434
$389,720 No related comp$96,714
Benjamin Morales
Chief Technology and Operati
$479,295
$372,553 No related comp$106,742
Jennifer Statham
Chief Brand Technologist
$460,940
$384,673 No related comp$76,267
Sharon Whitehead
Chief Administrative Officer
$460,324
$379,454 No related comp$80,870
Paul Kirkbride
Chief Credit Officer
$410,021
$325,771 No related comp$84,250
Cameron Brookshire
Loan Officer
$327,768
$280,552 No related comp$47,216
Tanya Hill
Loan Officer
$287,287
$249,653 No related comp$37,634
David Luchtel
Vice President, Information Technology
$270,725
$227,009 No related comp$43,716
Cynthia Schaumburg
Loan Officer
$267,531
$227,839 No related comp$39,692
Richard Ladd
Vice President Residential Lending
$259,931
$218,665 No related comp$41,266

Benchmark Employee Compensation

Non-Employee Board Members

Fred Olson
Board Former Chair
$6,627
$6,627 No related compNo other comp
Rita Koontz
Board Former Secretary
$4,200
$4,200 No related compNo other comp
Tracy Guerin
Board Secretary
$1,896
$1,896 No related compNo other comp
Susan Poch
Board Member
$1,751
$1,751 No related compNo other comp
Travis Metheson
Board Member
$1,628
$1,628 No related compNo other comp
Trudy Soucoup
Board Member
$1,042
$1,042 No related compNo other comp
Veronica Bronkema
Board Member
$947
$947 No related compNo other comp
Doug Mah
Board Chair
$809
$809 No related compNo other comp
Mike Stevenson
Board Member
$802
$802 No related compNo other comp
Marcus Glaspar
Board Vice Chair
No compensation reported
Carole Washburn
Board Member
No compensation reported

Contractors

Balfour Beatty Construction
Branch Construction
$15,033,038
Backbase USA Inc.
Digital Banking Consulting/Implementatio
$3,079,701
Kaye Smith
Statement/Forms Printer and Mailer
$2,060,896
Presidio Networked Solutions Group LLC
IT Related/Telephone
$1,208,162
Shi International Corp.
IT Related/Hardware
$976,281

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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