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Safe 1 Credit Union

Organization summary

Type of Nonprofit

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

Category: Public, Society Benefit — Multipurpose and Other / Credit Unions (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$36.1M (2022)

Expenses
$25.7M (2022)

Total Assets
$894M (2022)

Total Liabilities
$776M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,115,479
Expenses
$25,739,563
Net Income
$10,375,916
Net Assets
$117,568,504
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,045,720
63.8%
Investment Income $1,534,748
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,535,011
31.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,468,652
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $9,914,492
38.5%
Assets/Debt
Total Assets $893,921,948
Total Liabilities $776,353,444
Net Assets $117,568,504
Compensation
Key Employees and Officers Compensation Related Other
David King (Ceo/President) $356,694 $0 $61,566
Cindy Wonderly (Cfo/Evp Finance) $256,399 $0 $55,439
Lorraine Townsend (Evp Operations) $224,327 $0 $28,234
Timothy Spencer (Evp Lending) $207,182 $0 $20,673
Michael George (Evp Marketing) $196,795 $0 $51,430
Carol Dobbs (Evp Risk) $147,322 $0 $12,740
Mary Higgins (Vp Compliance) $133,762 $0 $36,829
Marie Rodriguez (Vp Call Center) $123,386 $0 $12,740
Debbie Baker (Branch Manager) $111,341 $0 $0
Ron Wolfe (Vice Chairman) $2,252 $0 $0
Serene Storslett (Director) $2,212 $0 $0
Richard Ruiz (Director) $2,205 $0 $0
Brian Driesen (Director) $1,898 $0 $0
Ray Voight (Chairman) $1,346 $0 $0
Maureen Buscher Dang (Treasurer) $0 $0 $0
Dawn Cole (Secretary) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Woody Morrison (Director) $0 $0 $0
Vernon Powers (Director) $0 $0 $0
Mike Reed (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,709,668
Expenses
$21,697,513
Net Income
$10,012,155
Net Assets
$115,045,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $31,208,855
98.4%
Investment Income $639,514
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$138,701
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $709,144
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $6,834,192
31.5%
Assets/Debt
Total Assets $882,218,839
Total Liabilities $767,173,019
Net Assets $115,045,820
Compensation
Key Employees and Officers Compensation Related Other
Lorraine Townsend (Evp Operations) $866,041 $14,849 $68,052
David King (Ceo) $294,334 $19,500 $114,595
Cindy Wonderly (Cfo) $215,194 $26,000 $35,271
Michael George (Evp Marketing) $174,211 $0 $30,045
Cecelia Arnold (Evp Technology) $155,227 $12,418 $24,633
Doug Kileen (Ceo) $142,700 $11,416 $12,168
Carol Dobbs (Evp Risk Management) $130,757 $10,461 $44,844
Timothy Spencer (Evp Lending) $125,625 $0 $5,958
Ron Wolfe (Treasurer) $1,696 $0 $0
Brian Driesen (Director) $1,417 $0 $0
Erica Dawn Cole (Director) $1,313 $0 $0
Richard Ruiz (Director) $1,103 $0 $0
Vernon Powers (Director) $859 $0 $0
Tracy Chitwood (Chairman) $0 $0 $0
Ray Voight (Vice Chairman) $0 $0 $0
Maureen Buscher Dang (Secretary) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Woody Morrison (Director) $0 $0 $0
Mike Reed (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,174,406
Expenses
$25,833,264
Net Income
$3,341,142
Net Assets
$106,906,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,695,105
98.4%
Investment Income $479,301
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,409,261
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,031,050
23.3%
Assets/Debt
Total Assets $789,474,402
Total Liabilities $682,567,928
Net Assets $106,906,474
Compensation
Key Employees and Officers Compensation Related Other
Doug Kileen (Ceo) $318,000 $0 $46,380
Cindy Wonderly (Cfo) $203,889 $0 $50,079
David King (Evp Lending) $188,593 $0 $129,244
Lorraine Townsend (Evp Operations) $174,969 $0 $112,156
Monica Rines (Evp Marketing) $153,087 $0 $35,818
Cecelia Arnold (Evp Technology) $144,593 $0 $35,134
Carol Dobbs (Evp Risk Management) $124,185 $0 $54,262
Tracy Chitwood (Chairman) $0 $0 $0
Ray Voight (Vice Chairman) $0 $0 $0
Ron Wolfe (Treasurer) $0 $0 $0
Maureen Buscher Dang (Secretary) $0 $0 $0
Dawn Cole (Director) $0 $0 $0
Richard Ruiz (Director) $0 $0 $0
Brian Driesen (Director) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Woody Morrison (Director) $0 $0 $0
Vernon Powers (Director) $0 $0 $0
Mike Reed (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,497,624
Expenses
$23,058,918
Net Income
$7,438,706
Net Assets
$103,479,770
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,112,540
95.5%
Investment Income $1,385,084
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,385,332
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,675,693
20.3%
Assets/Debt
Total Assets $652,808,295
Total Liabilities $549,328,525
Net Assets $103,479,770
Compensation
Key Employees and Officers Compensation Related Other
Cindy Wonderly (Cfo) $1,316,272 $0 $216,175
Doug Kileen (Ceo) $305,500 $0 $44,789
Sue Randall (Evp Technology) $175,553 $0 $36,433
David King (Evp Lending) $174,620 $0 $128,599
Lorraine Townsend (Evp Operations) $161,902 $0 $89,845
Monica Rines (Evp Marketing) $137,807 $0 $33,414
Carol Dobbs (Evp Risk Management) $113,678 $0 $45,226
Woody Morrison (Director) $0 $0 $0
Gary Scroggs (Director) $0 $0 $0
Mike Reed (Chairman) $0 $0 $0
Ray Voigt (Treasurer) $0 $0 $0
Maureen Buscher Dang (Director) $0 $0 $0
Rick Ruiz (Director) $0 $0 $0
Brian Driesen (Director) $0 $0 $0
Vernon Powers (Director) $0 $0 $0
Tracy Chitwood (Vice Chairman) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Erica Cole (Director) $0 $0 $0
Diane Jones (Director) $0 $0 $0
Richard Ross (Director) $0 $0 $0
Ronald Wolfe (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,555,279
Expenses
$20,266,543
Net Income
$7,288,736
Net Assets
$95,921,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,428,816
95.9%
Investment Income $1,126,463
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,200,485
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,573,605
27.5%
Assets/Debt
Total Assets $620,002,186
Total Liabilities $524,080,883
Net Assets $95,921,303
Compensation
Key Employees and Officers Compensation Related Other
Doug Kileen (Ceo) $312,500 $0 $21,306
Cindy Wonderly (Cfo) $193,014 $0 $126,524
Sue Randall (Evp Technology) $186,237 $0 $21,306
David King (Evp Lending) $184,766 $0 $108,015
Lorraine Townsend (Evp Operations) $163,962 $0 $79,709
Monica Rines (Evp Marketing) $140,397 $0 $21,306
Carol Dobbs (Evp Risk Management) $114,407 $0 $699
Woody Morrison (Director) $0 $0 $0
Gary Scroggs (Director) $0 $0 $0
Mike Reed (Vice Chairman) $0 $0 $0
Ray Voigt (Secretary) $0 $0 $0
Maureen Buscher Dang (Director) $0 $0 $0
Rick Ruiz (Director) $0 $0 $0
Brian Driesen (Director) $0 $0 $0
Vernon Powers (Chairman) $0 $0 $0
Tracy Chitwood (Treasurer) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Erica Cole (Director) $0 $0 $0
Diane Jones (Director) $0 $0 $0
Richard Ross (Director) $0 $0 $0
Ronald Wolfe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,565,784
Expenses
$18,862,694
Net Income
$19,703,090
Net Assets
$88,632,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,119,495
96.2%
Investment Income $1,446,289
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,723,551
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,619,226
24.5%
Assets/Debt
Total Assets $605,418,939
Total Liabilities $516,786,372
Net Assets $88,632,567
Compensation
Key Employees and Officers Compensation Related Other
Sue Randall (Evp Technology) $823,165 $0 $29,482
Doug Kileen (Ceo) $284,381 $0 $42,467
Cindy Wonderly (Cfo) $176,939 $0 $154,305
David King (Evp Lending) $154,553 $0 $118,720
Lorraine Townsend (Evp Operations) $152,221 $0 $53,413
Monica Rines (Evp Marketing) $132,292 $0 $30,632
Woody Morrison (Chairman) $0 $0 $0
Gary Scroggs (Director) $0 $0 $0
Mike Reed (Treasurer) $0 $0 $0
Ray Voigt (Director) $0 $0 $0
Maureen Buscher Dang (Director) $0 $0 $0
Rick Ruiz (Director) $0 $0 $0
Brian Driesen (Director) $0 $0 $0
Vernon Powers (Vice Chairman) $0 $0 $0
Tracy Chitwood (Secretary) $0 $0 $0
Michael Bennett (Director) $0 $0 $0
Erica Cole (Director) $0 $0 $0
Diane Jones (Director) $0 $0 $0
Richard Ross (Director) $0 $0 $0
Ronald Wolfe (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,419,387
Expenses
$13,311,128
Net Income
$4,108,259
Net Assets
$68,929,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,213,416
93.1%
Investment Income $1,205,971
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,354,262
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,147,820
23.6%
Assets/Debt
Total Assets $448,976,247
Total Liabilities $380,046,770
Net Assets $68,929,477
Compensation
Key Employees and Officers Compensation Related Other
Monica Rines (Evp Marketing) $502,522 $0 $0
Doug Kileen (Ceo) $260,215 $0 $0
Cindy Wonderly (Cfo) $160,645 $0 $92,455
Sue Randall (Evp Technology) $148,627 $0 $50,011
David King (Evp Lending) $145,676 $0 $74,356
Lorraine Townsend (Evp Operations) $136,577 $0 $31,654
Woody Morrison (Vice Chairman) $0 $0 $0
Gary Scroggs (Chairman) $0 $0 $0
Mike Reed (Treasurer) $0 $0 $0
Ray Voigt (Secretary) $0 $0 $0
Maureen Buscher Dang (Director) $0 $0 $0
Rick Ruiz (Director) $0 $0 $0
Brian Driesen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,190,377
Expenses
$12,027,578
Net Income
$4,162,799
Net Assets
$64,821,218
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,021,511
92.8%
Investment Income $1,168,866
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $871,572
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,516,322
29.2%
Assets/Debt
Total Assets $404,837,548
Total Liabilities $340,016,330
Net Assets $64,821,218
Compensation
Key Employees and Officers Compensation Related Other
Doug Kileen (Ceo) $719,163 $0 $112,819
Cindy Wonderly (Cfo) $152,409 $0 $105,454
Sue Randall (Vice President) $142,055 $0 $86,116
David King (Vice President) $137,179 $0 $94,614
Lorraine Townsend (Vice President) $128,949 $0 $50,264
Monica Rines (Vice President) $120,187 $0 $61,555
Richard Ruiz (Chairman) $0 $0 $0
Gary Scroggs (Vice Chairman) $0 $0 $0
Bonnie Vogt (Treasurer) $0 $0 $0
H E Morrison (Secretary) $0 $0 $0
Mike Reed (Director) $0 $0 $0
Ray Voight (Director) $0 $0 $0
Maureen Buscher Dang (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,865,112
Expenses
$10,945,081
Net Income
$4,920,031
Net Assets
$60,658,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,787,088
93.2%
Investment Income $1,078,024
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $378,938
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,735,941
34.1%
Assets/Debt
Total Assets $381,968,430
Total Liabilities $321,310,011
Net Assets $60,658,419
Compensation
Key Employees and Officers Compensation Related Other
Doug Kileen (Chief Executive Officer) $234,667 $0 $50,350
Cindy Wonderly (Chief Financial Officer) $144,271 $0 $106,390
David King (Vice President) $134,268 $0 $103,389
Sue Randall (Vice President) $134,121 $0 $73,175
Lorraine Townsend (Vice President) $121,571 $0 $51,579
Monica Rines (Vice President) $115,145 $0 $51,547
Maureen Buscher Dang (Chairman) $0 $0 $0
Richard Ruiz (Vice Chairman) $0 $0 $0
Gary Scroggs (Treasurer) $0 $0 $0
Bonnie Vogt (Secretary) $0 $0 $0
H E Morrison (Director) $0 $0 $0
Ray Voight (Director) $0 $0 $0
Mike Reed (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,878,513
Expenses
$10,792,442
Net Income
$5,086,071
Net Assets
$55,738,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,943,817
94.1%
Investment Income $934,696
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $364,888
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,476,033
32.2%
Assets/Debt
Total Assets $359,218,024
Total Liabilities $303,479,636
Net Assets $55,738,388
Compensation
Key Employees and Officers Compensation Related Other
Doug Kileen (Chief Executive Officer) $223,833 $0 $100,105
Cindy Wonderly (Chief Financial Officer) $141,055 $0 $106,827
Sue Randall (Vice President) $131,505 $0 $83,645
David King (Vice President) $121,632 $0 $92,916
Lorraine Townsend (Vice President) $119,555 $0 $51,818
Monica Rines (Vice President) $116,970 $0 $63,057
Ray Voight (Chairman) $0 $0 $0
Maureen Buscher Dang (Vice Chairman) $0 $0 $0
Richard Ruiz (Treasurer) $0 $0 $0
Gary Scroggs (Secretary) $0 $0 $0
Bonnie Vogt (Director) $0 $0 $0
Patricia Laski (Director) $0 $0 $0
H E Morrison (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,204,335
Expenses
$10,818,870
Net Income
$5,385,465
Net Assets
$50,652,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,474,830
95.5%
Investment Income $729,505
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $348,153
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,276,232
30.3%
Assets/Debt
Total Assets $346,460,854
Total Liabilities $295,808,537
Net Assets $50,652,317

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,338,820
Expenses
$12,091,317
Net Income
$5,247,503
Net Assets
$45,266,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,644,803
96.0%
Investment Income $694,017
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $314,950
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,091,137
25.6%
Assets/Debt
Total Assets $331,145,472
Total Liabilities $285,878,620
Net Assets $45,266,852

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

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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