SOUND CREDIT UNION
PO BOX 1595, TACOMA, WA 98401 www.soundcu.com

Total Revenue
$96,634,060
Total Expenses
$77,693,999
Net Assets
$222,941,788

Organizations Filed Purposes: COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS.

ON THE LIABILITY/EQUITY SIDE OF THE BALANCE SHEET OUR MEMBERS HOLD 235,824 SAVINGS, CHECKING, AND MONEY MARKET DEPOSIT ACCOUNTS WITH COMBINED BALANCES OF $1,299,846,734. MEMBERS HOLD 2,102 IRA SAVINGS ACCOUNTS WITH COMBINED BALANCES OF $21,158,889. THESE FUNDS ARE POOLED AND USED PRIMARILY TO FUND CONSUMER AND REAL ESTATE SECURED LOANS TO OUR MEMBERSHIP.

ALSO ON THE LIABILITY/EQUITY SIDE OF THE BALANCE SHEET, 8,678 OF OUR MEMBERS HOLD CERTIFICATE ACCOUNTS WITH TOTAL BALANCES OF $274,705,116.

ON THE ASSET SIDE, 74,854 OF OUR MEMBERS HOLD CONSUMER LOANS THAT INCLUDE VEHICLE, STUDENT, MORTGAGE, AND VISA LOANS. CONSUMER LOANS THAT INCLUDE VEHICLE SECURED LOANS TOTAL $543,632,825. REAL ESTATE SECURED LOANS TOTAL $716,152,043. THE LOAN PORTFOLIO TOTAL $1,417,697,537.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Donald Clark JrPRESIDENT/CEO50$1,277,519
Troy GarryEVP/CHIEF FINANCIAL OFFICER60$360,278
Wendy ClevelandEVP/CHIEF OPERATIONS OFFICER50$351,600
Robyn LachanceEVP/CHIEF STRATEGY OFFICER50$288,149
Lyman WilliamsSVP/CHIEF LENDING OFFICER50$252,248
Kimberly MapesSVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER50$224,171
Charlene HensonSVP/CHIEF RETAIL OFFICER50$217,637
Ryan HoranBUSINESS LOAN OFFICER50$167,664
Anna AlbertinVP/MORTGAGE LENDING50$161,723
Jason McdougalBUSINESS INTELLIGENCE MANAGER50$147,983
Sandy LopezVP/CONTROLLER50$145,136
Sarah MeikleMORTGAGE LOAN OFFICER PRODUCTION SUPERVISOR50$131,747
Brenda HeinemanBOARD CHAIR1$25,000
John BauderDIRECTOR1$20,000
Barry WallisDIRECTOR1$20,000
Shelley ColemanSECRETARY/TREASURER1$20,000
David WassonVICE CHAIR1$20,000
Keith MockDIRECTOR1$19,625
James GriggsDIRECTOR1$18,875
Haluk DemirkanDIRECTOR1$15,000
Altaf MerchantDIRECTOR1$15,000

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012809349301461_public.xml