EIN 91-0333066

Kitsap Credit Union (KCU)

IRS 501(c) type
501(c)(14)
Num. employees
330
Year formed
1934
Most recent tax filings
2023-12-01
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
$135,974,513
2023
Total expenses
$127,345,815
2023
Total assets
$2,368,604,375
2023
Num. employees
330
2023

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
Kcucares FoundationTo Fund Efforts That Provide Food, Shelter, & the Steppingstones To Financial Wellbeing$250,000
Harbor Soccer ClubSponsorship$14,800
Bremerton Area Chamber of CommerceSponsorship$12,500
...and 5 more grants made

Personnel at KCU

NameTitleCompensation
Shawn GilfedderPresident and Chief Executive Officer$984,689
Trevor StuartSenior Vice President and Chief Financial Officer$296,131
Mark GaultVice President Strategic Planning$190,976
John P BarryVice President , Real Estate Lending$173,123
Carmina DrummerVice President , Indirect Lending$175,626
...and 14 more key personnel

Financials for KCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$125,637,997
Investment income and dividends$9,932,092
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$404,424
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$135,974,513

Form 990s for KCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-02990View PDF
2021-122022-10-19990View PDF
2020-122021-09-29990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like KCU

OrganizationLocationRevenue
Numerica Credit UnionSpokane Valley, WA$175,521,623
Sound Credit UnionTacoma, WA$118,091,214
Horizon Credit Union (HZCU)Spokane Valley, WA$83,502,229
Columbia Community Credit UnionVancouver, WA$117,918,562
Harborstone Credit UnionTacoma, WA$76,742,957
TwinStar Credit UnionOlympia, WA$119,511,993
Verity Credit UnionSeattle, WA$38,343,946
Spokane Teachers Credit UnionLiberty Lake, WA$238,014,215
Whatcom Educational Credit UnionBellingham, WA$138,092,209
Gesa Credit UnionRichland, WA$219,180,132
Data update history
February 18, 2024
Updated personnel
Identified 2 new personnel
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
Nonprofit Types
Grantmaking organizationsCredit 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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