Kitsap Credit Union

BREMERTON, WA EIN: 91-0333066 Website

TO OFFER CHECKING, SAVINGS, AND LENDING PROGRAMS TO MEMBERS WHO PRIMARILY LIVE, WORK, AND WORSHIP IN THE STATE OF WASHINGTON. KCU ALSO PROVIDES FINANCIAL LITERACY PROGRAMS AND IS ACTIVELY INVOLVED IN COMMUNITY OUTREACH PROGRAMS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.3B

-2.0% YoY

Annual Giving

$354K

-24.0% YoY

Grant Count

8

-20.0% YoY

Avg Grant Size

$44K

-5.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$42M$85M$127M$169M20202021202220232024
Metric202420232022
Total Assets$2,320,371,924$2,368,604,375$2,255,075,377
Revenue$153,721,471$135,974,513$104,047,497
Expenses$148,184,524$127,345,815$82,914,598
Qualifying Distributions
Net Investment Income$10,653,653$10,336,516$11,583,487
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$116K$233K$349K$466K16 grants202029 grants202134 grants202210 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

KCU CARES FOUNDATION$251KHARBOR SOCCER CLUB$29KGREATER KITSAP CHAMBER$18KKITSAP BUILDING ASSOCIAT…$14KBLACKBERRY FESTIVAL$12KGIG HARBOR CHAMBER OF CO…$11KKITSAP FAIR & STAMPEDE A…$10KWWU FOUNDATION$10K

Grant Size Distribution

97 grants across all recorded years

91<$50K1$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Kitsap Credit Union fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SHAWN GILFEDDERPRESIDENT/CEO$960KKELLIE D LETEXIERSVP COO$405KTREVOR STUARTSVP CFO$391KSIMON POWLEYCHIEF REVENUE OFFICER$380KANTHONY G BULLERISVP CLO$368KSCOTT LINDLEYSVP CIO$366KPAULA C EDELSTEINSVP CPO$339KSEAN CUMMINGSVP, SALES (THRU 11/24)$328KERIC CRABTREECHIEF DIGITAL STRATEGIST$228KJASON ELLIOTTVP FINANCE$218KANDREW E VOORHIESVP INFO. TECHNOLOGY (THRU 12…$200KMARK GAULTVP STRATEGIC PLANNING$199KLAURA J ENQUISTVP MEMBER EXPERIENCE$196KMIKE GOONEWARDENEVICE CHAIR$30KSUSAN BAKERCHAIR$24KWENDY JOHNSONVICE CHAIR$20KJIM ROWSONTREASURER$20KVICKI GAMBRELLDIRECTOR$20KSUSAN SIOBHAN CANTYDIRECTOR$18KKAREN HOLMESSECRETARY$15KVASUMA SARGENTDIRECTOR$8KMATTHEW ELLSWORTHDIRECTOR$8K

From 2024 filing

NameTitleHoursCompensation
SHAWN GILFEDDERPRESIDENT/CEO40$959,929
KELLIE D LETEXIERSVP COO40$405,436
TREVOR STUARTSVP CFO40$390,960
SIMON POWLEYCHIEF REVENUE OFFICER40$379,785
SCOTT LINDLEYSVP CIO40$365,835
ANTHONY G BULLERISVP CLO40$368,373
PAULA C EDELSTEINSVP CPO40$338,671
SEAN CUMMINGSVP, SALES (THRU 11/24)40$328,132
ERIC CRABTREECHIEF DIGITAL STRATEGIST40$228,453
JASON ELLIOTTVP FINANCE40$218,323
ANDREW E VOORHIESVP INFO. TECHNOLOGY (THRU 12/24)40$199,878
MARK GAULTVP STRATEGIC PLANNING40$199,012
LAURA J ENQUISTVP MEMBER EXPERIENCE40$195,965
MIKE GOONEWARDENEVICE CHAIR8$30,000
SUSAN BAKERCHAIR8$23,645
WENDY JOHNSONVICE CHAIR8$20,000
JIM ROWSONTREASURER8$20,000
VICKI GAMBRELLDIRECTOR8$20,000
SUSAN SIOBHAN CANTYDIRECTOR5$17,500
KAREN HOLMESSECRETARY5$15,000
VASUMA SARGENTDIRECTOR8$8,339
MATTHEW ELLSWORTHDIRECTOR8$8,114

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

Bainbridge IslandBelfairBellinghamBremertonChimacumGig HarborKingstonPort HadlockPort OrchardPort TownsendPoulsboPuyallupSeattleSilverdaleSpanawayTacomaTallahasseeWashington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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