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True Sky Federal Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2021 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$47.3M (2021)

Expenses
$43.1M (2021)

Total Assets
$831M (2021)

Total Liabilities
$770M (2021)

Source: Form 990 tax filings from 2011 to 2021

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,281,663
Expenses
$43,146,836
Net Income
$4,134,827
Net Assets
$61,673,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $33,905,533
71.7%
Investment Income $2,422,835
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,953,295
23.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $706,342
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $12,021,814
27.9%
Assets/Debt
Total Assets $831,301,668
Total Liabilities $769,628,186
Net Assets $61,673,482
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sean M Cahill (President/Ceo) $544,611 $0 $37,188
Julie Gamblin (Chief Administration Offic) $258,811 $0 $28,311
Toby Ragaini (Chief Information Officer) $190,421 $0 $26,160
Michael Shockley (Vp Of Consumer Lending) $178,642 $0 $18,692
Craig Pavlich (Chief Operations Officer) $152,518 $0 $19,165
Thomas A Michaud (Vp Of It) $147,601 $0 $12,945
Lyle Y Miyamura (Chief Financial Officer) $120,215 $0 $4,328
Tanya R Childress (Director) $0 $0 $0
Judy Richey (Chairperson) $0 $0 $0
Terry Davidson (Treasurer) $0 $0 $0
Linda Lindsey (Secretary) $0 $0 $0
Kevin E Carrel (Director) $0 $0 $0
Greg Hill (Director) $0 $0 $0
Lance Maxwell (Vice Chairperson) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,205,550
Expenses
$32,973,759
Net Income
$1,231,791
Net Assets
$61,902,437
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,378,004
71.3%
Investment Income $2,105,653
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,721,893
22.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $594,316
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $8,646,718
26.2%
Assets/Debt
Total Assets $766,194,191
Total Liabilities $704,291,754
Net Assets $61,902,437
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sean M Cahill (President/Ceo) $378,055 $0 $34,731
Julie Gamblin (Chief Administration Offic) $187,172 $0 $13,250
Sean P Watt (Vp Of Branch Services) $178,738 $0 $20,960
Toby Ragaini (Chief Information Officer) $165,967 $0 $25,753
Kim M Hoang (Chief Financial Officer) $164,393 $0 $17,137
Craig Pavlich (Chief Operations Officer) $151,873 $0 $23,229
Michael Shockley (Vp Of Consumer Lending) $150,951 $0 $25,151
Tanya R Childress (Director) $0 $0 $0
Judy Richey (Director) $0 $0 $0
Terry Davidson (Director) $0 $0 $0
Linda Lindsey (Director) $0 $0 $0
Kevin E Carrel (Director) $0 $0 $0
Virginia Hicks (Director) $0 $0 $0
Greg Hill (Director) $0 $0 $0
Lance Maxwell (Director) $0 $0 $0
Katrina Avers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,459,192
Expenses
$29,132,616
Net Income
$2,326,576
Net Assets
$57,920,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,395,540
68.0%
Investment Income $3,492,607
11.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,292
0.0%
Net Inventory Sales $0
Other Revenue $6,555,753
20.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $512,876
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $7,479,991
25.7%
Assets/Debt
Total Assets $645,797,421
Total Liabilities $587,876,722
Net Assets $57,920,699
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cahill Sean M (President/Ceo) $338,632 $0 $29,373
Glen Fields (Sr Vp Of Fin'l Services) $153,915 $0 $10,252
Julie Gamblin (Chief Administration Officer) $151,231 $0 $25,475
Pam Case (Vp Of Real Estate) $141,086 $0 $24,507
Hoang Kim M (Svp & Chief Financial Officer) $138,400 $0 $6,471
Mike Shockley (Vp Of Consumer Lending) $118,723 $0 $17,834
Kast Sherry (Vp Of Marketing) $115,512 $0 $11,707
Tanya R Childress (Director) $0 $0 $0
Judy Richey (Vice Chairperson) $0 $0 $0
Terry Davidson (Chairperson) $0 $0 $0
Linda Lindsey (Director) $0 $0 $0
Kevin E Carrel (Director) $0 $0 $0
Virginia Hicks (Secretary) $0 $0 $0
Greg Hill (Director) $0 $0 $0
Lance Maxwell (Director) $0 $0 $0
Katrina Avers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,902,591
Expenses
$25,099,761
Net Income
$1,802,830
Net Assets
$51,795,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,445,666
64.8%
Investment Income $3,745,456
13.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,630
Net Inventory Sales $0
Other Revenue $5,714,099
21.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $517,879
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $6,792,870
27.1%
Assets/Debt
Total Assets $587,534,365
Total Liabilities $535,739,133
Net Assets $51,795,232
Compensation
Key Employees and Officers Compensation Related Other
Steve Rasmussen (President/Ceo) $268,319 $0 $25,984
Jef Fialkowski (Sr Vp Of It) $169,075 $0 $26,991
Glen Fields (Sr Vp Of Fin'l Services) $161,005 $0 $14,059
Julie Gamblin (Vp Of Hr) $137,934 $0 $25,352
Natalia Valenzuela (Cfo) $131,490 $0 $23,928
Sean M Cahill (New President/Ceo) $67,250 $0 $908
Tanya R Childress (Treasurer) $0 $0 $0
Judy Richey (Secretary) $0 $0 $0
Terry Davidson (Vice Chairperson) $0 $0 $0
Linda Lindsey (Chairperson) $0 $0 $0
Jessie Mcmullen (Director) $0 $0 $0
Virginia Hicks (Director) $0 $0 $0
Greg Hill (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,292,695
Expenses
$23,952,358
Net Income
$1,340,337
Net Assets
$51,432,213
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,213,047
64.1%
Investment Income $3,417,505
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,662,143
22.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $430,709
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $6,292,720
26.3%
Assets/Debt
Total Assets $579,249,355
Total Liabilities $527,817,142
Net Assets $51,432,213
Compensation
Key Employees and Officers Compensation Related Other
Steve Rasmussen (President/Ceo) $259,193 $0 $25,823
Jef Fialkowski (Sr Vp Of It) $161,342 $0 $26,632
Glen Fields (Sr Vp Of Fin'l Services) $143,225 $0 $13,841
Julie Gamblin (Vp Of Hr) $130,624 $0 $25,039
Natalia Valenzuela (Cfo) $125,472 $0 $20,221
Tanya R Childress (Director) $0 $0 $0
Judy Richey (Treasurer) $0 $0 $0
Terry Davidson (Director) $0 $0 $0
Linda Lindsey (Chairperson) $0 $0 $0
Jessie Mcmullen (Vice Chairperson) $0 $0 $0
Virginia Hicks (Secretary) $0 $0 $0
Greg Hill (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,927,521
Expenses
$24,734,729
Net Income
$1,192,792
Net Assets
$50,490,298
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,645,227
87.3%
Investment Income $2,980,427
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $301,867
1.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $444,074
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,906,751
23.9%
Assets/Debt
Total Assets $574,631,161
Total Liabilities $524,140,863
Net Assets $50,490,298

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,138,676
Expenses
$21,861,045
Net Income
$2,277,631
Net Assets
$50,815,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,003,373
62.2%
Investment Income $3,540,999
14.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $111,812
0.5%
Net Inventory Sales $0
Other Revenue $5,482,492
22.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $427,817
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,172,046
28.2%
Assets/Debt
Total Assets $571,602,791
Total Liabilities $520,787,333
Net Assets $50,815,458
Compensation
Key Employees and Officers Compensation Related Other
Steve Rasmussen (President/Ceo) $260,312 $0 $24,155
Jef Fialkowski (Sr Vp Of It) $154,123 $0 $24,018
Glen Fields (Sr Vp Of Fin'l Services) $140,468 $0 $12,498
Julie Gamblin (Vp Of Hr) $129,973 $0 $20,551
Natalia Valenzuela (Cfo) $120,786 $0 $22,564
Alison Wolf (Vp Of Marketing) $105,231 $0 $16,011
Diane Blake (Vp Of Lending) $102,568 $0 $660
Tanya R Childress (Bod Secretary) $0 $0 $0
Judy Richey (Chairperson) $0 $0 $0
Terry Davidson (V. Chairperson) $0 $0 $0
Linda Lindsey (Bod Treasurer) $0 $0 $0
Jessie Mcmullen (Bod Member) $0 $0 $0
Virginia Hicks (Bod Member) $0 $0 $0
Phyllis Howard (Bod Member) $0 $0 $0
Greg Hill (Assoc. Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,923,576
Expenses
$20,333,329
Net Income
$3,590,247
Net Assets
$49,387,330
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,293,143
59.7%
Investment Income $4,281,890
17.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $156,143
0.7%
Net Inventory Sales $0
Other Revenue $5,192,400
21.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $399,768
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $5,834,305
28.7%
Assets/Debt
Total Assets $553,873,896
Total Liabilities $504,486,566
Net Assets $49,387,330
Compensation
Key Employees and Officers Compensation Related Other
Steve Rasmussen (President/Ceo) $244,766 $0 $22,588
Jef Fialkowski (Sr Vp Of It) $154,782 $0 $22,121
Glen Fields (Sr Vp Of Financial Services) $132,130 $0 $11,502
Julie Gamblin (Vp Of Hr) $126,771 $0 $19,055
Natalia Valenzuela (Cfo) $111,801 $0 $20,613
Alison Wolf (Vp Of Marketing) $101,475 $0 $14,779
Judy Richey (Chair) $0 $0 $0
Terry Davidson (Vice Chair) $0 $0 $0
Jessie Mcmullen (Treasurer) $0 $0 $0
Linda Lindsey (Director) $0 $0 $0
Ray Bradford (Director) $0 $0 $0
Virginia Hicks (Secretary) $0 $0 $0
Phyllis Howard (Director) $0 $0 $0
Tanya Childress (Associate Director) $0 $0 $0
Greg Hill (Associate Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,372,462
Expenses
$19,465,659
Net Income
$4,906,803
Net Assets
$43,787,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,239,117
62.5%
Investment Income $3,373,801
13.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $99,802
0.4%
Net Inventory Sales $0
Other Revenue $5,659,742
23.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $489,051
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,335,880
27.4%
Assets/Debt
Total Assets $551,799,710
Total Liabilities $508,012,272
Net Assets $43,787,438
Compensation
Key Employees and Officers Compensation Related Other
Steve Rasmussen (President/Ceo) $341,534 $0 $22,240
Jef Fialkowski (Sr Vp Of It) $154,595 $0 $21,182
Glen Fields (Sr Vp Of Operations) $136,086 $0 $10,965
Julie Gamblin (Vp Of Hr) $118,500 $0 $19,734
Natalia Valenzuela (Cfo) $105,609 $0 $19,668
Alison Wolf (Vp Of Marketing) $96,940 $0 $14,115
Judy Richey (Chair) $0 $0 $0
Terry Davidson (Vice Chair) $0 $0 $0
Jessie Mcmullen (Treasurer) $0 $0 $0
Linda Lindsey (Director) $0 $0 $0
Ray Bradford (Director) $0 $0 $0
Virginia Hicks (Secretary) $0 $0 $0
Phyllis Howard (Director) $0 $0 $0
Tanya Childress (Associate Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,702,579
Expenses
$22,647,758
Net Income
$3,054,821
Net Assets
$42,633,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,887,121
61.8%
Investment Income $4,027,554
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $754,120
2.9%
Net Inventory Sales $0
Other Revenue $5,033,784
19.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $653,712
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,467,002
24.1%
Assets/Debt
Total Assets $533,314,216
Total Liabilities $490,681,080
Net Assets $42,633,136

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,922,336
Expenses
$26,683,499
Net Income
$238,837
Net Assets
$38,794,620
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,296,338
68.0%
Investment Income $4,017,112
14.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $469,531
1.7%
Net Inventory Sales $0
Other Revenue $4,139,355
15.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $782,526
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,201,132
19.5%
Assets/Debt
Total Assets $511,357,728
Total Liabilities $472,563,108
Net Assets $38,794,620

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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