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Filing year 2024

KITSAP CREDIT UNION

Bremerton, Washington·EIN 91-0333066·501(c)(14)
Total revenue
$153.7M
Total assets
$2.3B
Total expenses
$148.2M
Reported officers
22
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$986k
$1M
Base
$681k
Bonus
$262k
Other
$17k
Benefits
$9k
SVP COO
Above 90th percentile
$428k
$456k
Base
$331k
Bonus
$68k
Other
$6k
Benefits
$5k
SVP CFO
Above 90th percentile
$411k
$437k
Base
$324k
Bonus
$64k
Other
$3k
Benefits
$2k
Chief Revenue Officer
Officer (Unspecified)
$398k
$423k
Base
$336k
Bonus
$40k
Other
$4k
Benefits
$3k
SVP CIO
Chief Information Officer
75th to 90th percentile
$392k
$418k
Base
$300k
Bonus
$61k
Other
$5k
Benefits
$9k
SVP Clo
Senior Vice President
75th to 90th percentile
$385k
$409k
Base
$303k
Bonus
$60k
Other
$5k
Benefits
$153
SVP CPO
Senior Vice President
Median to 75th percentile
$365k
$389k
Base
$280k
Bonus
$55k
Other
$4k
Benefits
$9k
Vp, Sales (thru 11/24)
Board Vice President
Above 90th percentile
$349k
$372k
Base
$243k
Bonus
$46k
Other
$39k
Benefits
$8k
Chief Digital Strategist
Officer (Unspecified)
$246k
$262k
Base
$207k
Bonus
$19k
Other
$2k
Benefits
$6k
VP Finance
Board Vice President
75th to 90th percentile
$229k
$244k
Base
$198k
Bonus
$19k
Other
$574
Benefits
VP Info. Technology (thru 12/24)
Board Vice President
75th to 90th percentile
$220k
$234k
Base
$178k
Bonus
$19k
Other
$3k
Benefits
$10k
VP Strategic Planning
Board Vice President
75th to 90th percentile
$215k
$229k
Base
$177k
Bonus
$19k
Other
$4k
Benefits
$6k
VP Member Experience
Board Vice President
Median to 75th percentile
$208k
$221k
Base
$177k
Bonus
$18k
Other
$1k
Benefits
$2k
Vice Chair
Board Vice Chair
Median to 75th percentile
$30k
$32k
Chair
Board Chair
25th percentile to median
$24k
$25k
Vice Chair
Board Vice Chair
Median to 75th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$20k
$21k
Treasurer
Officer (Unspecified)
$20k
$21k
Director
Board Member
Median to 75th percentile
$18k
$19k
Secretary
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 12%
from 2023

From $877k in 2023 to $986k in 2024.

$877k
2023
$986k
2024
In today's dollarsEst.
Up 9% in real terms$960k to $1M

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 13%.

$877k in 2023 to $986k in 2024.
  • Chief Operating Officer pay rose 2% from 2023 to 2024.
  • Chief Financial Officer pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KITSAP CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$136M
$127.3M
2023
$153.7M
$148.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KITSAP CREDIT UNION

What does the Chief Executive Officer of KITSAP CREDIT UNION earn?

In 2024, the Chief Executive Officer of KITSAP CREDIT UNION received $986,092 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KITSAP CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at KITSAP CREDIT UNION falls in the top 10%.

What are KITSAP CREDIT UNION's revenue and expenses?

In 2024, KITSAP CREDIT UNION reported $153.7M in total revenue and $148.2M in total expenses on its IRS Form 990.

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