EIN 91-0333066

Kitsap Credit Union (KCU)

IRS 501(c) type
501(c)(14)
Num. employees
394
Year formed
1934
Most recent tax filings
2022-12-01
Description
Kitsap Credit Union (KCU) is a not-for-profit, member-owned financial cooperative. With more than 300 employees and 15 branches throughout Western Washington, their passion is helping others.
Related structure
KCU is child organization, under the parent exemption from Credit Unions in the State of Washington / Division of Credit Unions.
Total revenues
$104,047,497
2022
Total expenses
$82,914,598
2022
Total assets
$2,255,075,377
2022
Num. employees
394
2022

Program areas at KCU

Secured and unsecured loans issued to Credit Union members, as related to the exempt purpose of kcu. The types of loans issued include direct and indirect vehicle loans, visa's, home equity loans, solar loans, and mortgage loans.
Community involvement including donation of money and staff time in the community. Kcu also offers many financial literacy classes for children and adults.
Savings programs that are provided to Credit Union members, as related to the exempt purpose of kcu. The types of accounts offered are checking, money market accounts, ira accounts, regular savings, and certificates.

Grants made by KCU

GranteeGrant descriptionAmount
Western Washington University FoundationSmall Business Development Center Donation$20,000
United Way of Kitsap CountyPremier Sponsorship$16,550
United Way of Pierce County (UWPC)Center for Strong Families Donation, Back Pack Feeding Donation$16,000
...and 29 more grants made totalling $283,300

Personnel at KCU

NameTitleCompensation
Shawn GilfedderPresident and Chief Executive Officer$984,689
Trevor StuartSenior Vice President and Chief Financial Officer$296,131
Regina WoodVice President , Finance$197,318
Elizabeth P AdcockVice President , Information Services$186,710
Andrea LuckyVice President , Human Resources$178,287
...and 17 more key personnel

Financials for KCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$92,464,010
Investment income and dividends$8,474,686
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,108,801
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$104,047,497

Form 990s for KCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-10-19990View PDF
2020-122021-09-29990View PDF
2019-122021-06-08990View PDF
2018-122020-01-03990View PDF
...and 9 more Form 990s

Organizations like KCU

OrganizationLocationRevenue
Verity Credit UnionSeattle, WA$38,343,946
Gesa Credit UnionRichland, WA$219,180,132
Numerica Credit UnionSpokane Valley, WA$175,521,623
Global Credit UnionSpokane, WA$30,633,137
Sound Credit UnionTacoma, WA$118,091,214
Spokane Teachers Credit UnionLiberty Lake, WA$238,014,215
Horizon Credit Union (HZCU)Spokane Valley, WA$83,502,229
Qualstar Credit UnionBothell, WA$35,866,616
Columbia Community Credit UnionVancouver, WA$91,416,897
Salal Credit UnionSeattle, WA$63,361,594
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Political advocacyState / local level
General information
Address
PO Box 990
Bremerton, WA 98337
Metro area
Bremerton-Silverdale-Port Orchard, WA
County
Kitsap County, WA
Website URL
kitsapcu.org/ 
Phone
(360) 662-2000
Facebook page
kitsapcreditunion 
Twitter profile
@kitsapcu 
IRS details
EIN
91-0333066
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1934
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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