2024-12-18T11:04:27-08:00 2023-12-31 990 2023-01-01 930389726 Northwest Community Credit Union NORT 5417449518 545 E 8th Ave Eugene OR 97401 Jeffrey Yoder CFO 5417449518 2024-12-18 true 2023 2024-10-15 13:58:12Z X Jeffrey Yoder 545 E 8th Ave Eugene OR 97401 43043408 false X www.nwcu.com X 1949 Focus on the member, add value and build partnership. X 9 9 372 14 35420 6084 0 67637899 38758218 6832613 4279337 -197392 1151 74273120 43038706 0 0 28578961 14390417 0 0 31805978 23020080 60384939 37410497 13888181 5628209 1806109861 0 86893638 0 1719216223 0 Focus on the member, add value and build partnership. false false Focus on member, add value and build partnership. false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false true true true false false true 48402 0 true 372 true true true false false false false false false false X 9 9 false false false false true true false true true false false true true true true true true true false false X X Jeffrey Yoder 5417449518 545 E 8th Ave Eugene OR 97401 John Iglesias President & CEO 50.00 0.00 X 674363 0 248911 Alan Pitcher CIO 50.00 0.00 X 264261 0 21136 Jeffrey Yoder CFO 50.00 0.00 X 188589 0 37632 Ken Myhra CPO 50.00 0.00 X 200886 0 20238 Jan Griffin Former CXO 0.00 0.00 217450 0 0 Cheryl Crow CCO 50.00 0.00 X 157164 0 27670 Kenneth Santos CRO 50.00 0.00 X 153186 0 27947 Tomas Fasel Director of Commercial Lending 40.00 0.00 136958 0 24842 Terry Hagio VP of Tech Services & Solutions 40.00 0.00 137846 0 9194 George Williams VP of Tech Operations & Information 40.00 0.00 119460 0 22391 Matt Wade VP of Residential Lending 40.00 0.00 112883 0 20828 Kate Lange Senior Investment Services Advisor 40.00 0.00 109822 0 17609 David Rainwater Chairman 2.60 0.00 X 10417 0 0 Barry C Houk Director 0.20 0.00 X 10244 0 0 Brad D Anderson Secretary 1.80 0.00 X 8333 0 0 Barbara Blackmore Director 1.00 0.00 X 8333 0 0 Jon Ruiz Director 3.30 0.00 X 8333 0 0 Richard Leung Director 1.60 0.00 X 8333 0 0 Tomas Pettus-Czar Vice Chair 2.60 0.00 X 8333 0 0 Sarah Means Director 0.60 0.00 X 7208 0 0 Darcy Philips Director 1.20 0.00 X 7108 0 0 2549510 478398 12 true true false Fiserv 225 Fiserv Drive Brookfield WI 53045 Financial Technology 3414054 Q2 Software Inc PO Box 205970 Dallas TX 753205970 Electronic Banking Svcs 702805 ALM First Group LLC 3800 Maple Avenue Suite 600 Dallas TX 75219 Merger Consulting Svc 594656 CompuNet Inc PO Box 410802 Salt Lake City UT 84141 Financial Technology 791570 Upstart Network Inc 2950 S Delaware St Suite 300 San Mateo CA 94403 Lending Platform and Svcg 566047 23 0 Interchange fees and othe 522100 3602459 3602459 Interest Income Mbr Loans 522100 31673740 31673740 Member acct and service 522100 3482019 3482019 38758218 4279337 4279337 0 0 26046 4702 21344 21344 21344 0 0 0 0 Non-Member ATM Fees 812900 14076 14076 NW Innovation Services 519200 -34269 -34269 -20193 43038706 38723949 35420 4279337 0 0 0 0 2811273 0 8901488 217548 1289066 1171042 0 635030 58024 0 0 0 290701 711914 2018677 2017904 0 836871 159935 0 125137 8448036 0 1407442 88783 Loan loss expense 3920453 Merger Expenses 1507016 Other share and loan product 327207 Loan product expense 326476 140474 37410497 0 0 0 16719630 0 47009289 0 0 0 0 479756 0 1419200318 0 0 2099199 0 63265689 63265689 39914396 0 0 235872668 0 0 0 44814605 0 1806109861 0 21893638 65000000 86893638 0 X 1558704701 160511522 1719216223 0 1806109861 0 X 5628209 -1724844432 X false true X true false 3959132 3959132 39127069 39127069 2195468 2195468 638748 638748 17345272 21304404 -3959132 X Part X : FIN48 Footnote The Credit Union is state chartered and federally tax-exempt under the Internal Revenue Code Section 501(c)(14), except to the extent of unrelated business income. A tax-exempt organization information return and unrelated business income tax return are filed annually with the Internal Revenue Service. NIS, the Credit Union's majority owned subsidiary, is a partnership for tax purposes and its allocable activity is included within the Credit Unions's Tax filings.The Credit Union had no unrecognized tax benefits at June 11, 2023 and December 31, 2022, respectively. The Credit Union recognizes the accrual of interest and penalties related to unrecognized tax benefits as a tax expense. During the years ended June 11, 2023 and December 31, 2022, it recognized no material interest or penalties. X true true X X X X false true false Alan Pitcher CIO 161638 76646 25977 10736 10400 285397 Cheryl Crow CCO 108547 45677 2940 15609 12061 184834 Jan Griffin Former CXO 47500 169950 217450 Jeffrey Yoder CFO 133209 49885 5495 27370 10262 226221 John Iglesias President & CEO 476806 188885 8672 238711 10200 923274 Ken Myhra CPO 147077 52102 1707 6039 14199 221124 Kenneth Santos CRO 109578 43226 382 27689 258 181133 Tomas Fasel Director of Commercial Lending 91980 44582 396 20492 4350 161800 Part I, Line 1a: Relevant information in regards to selections on 1a. Travel for spouse or companion was sometimes provided by the credit union for executives or directors on business trips. All expenses incurred on behalf of the spouse or companion were totaled for the year end and a 1099 Misc was issued when appropriate. There is written policy that requires pre-approval, receipts, and documentations. Part III, Additional Information John Iglesias, the CEO, will be the recipient of a non-qualified retirement plan that is accruing and continuing through the end of 2029. It is based on employment with the organization and is 65% vested as of 6/11/2023. (Legal Merger Date 6/12/2023) The remaining value of this plan for 2023 is $46,687. 1,827,056,715 2023-06-11 1850334278 Market Value 910440744 Credit Unions in the State of WA 4501 Intelco Loop SE Lacey WA 98503 501(c)14 true true true true Sch N, Part III, Additional Information Northwest Community Credit EIN 93-0389726 completed a merger with Credit Unions in the State of Washington EIN 91-0440744 DBA Twinstar Credit Union.All assets at FMV, liabilities, and equity were transferred as of the legal merger date.Legal merger date was 06/12/2023. Merger documents are enclosed. Form 990, Part VI, Section A, Line 6 As a credit union we have members pay a $10 membership fee to open their first share account with us. Form 990, Part VI, Section B, Line 11b The CFO reviews the 990 and the supporting schedules. After the review and before it is filed, the Form 990 is reviewed by the CEO and the directors. Form 990, Part VI, Section B, Line 12c All officers and key employees are required yearly to affirm that they have disclosed interests that could give rise to conflicts. Directors are asked initially to disclose any of these interests and are made aware regularly that they must disclose any new interests, but they are not required to do so formally each year. Form 990, Part VI, Section C, Line 19 The organization places monthly summarized and yearly detailed financial statements on its website. The governing body documents and conflict of interest policies are available upon request. Form 990, Part XI, Line 9 CUSO Loss = -$0 Form 990, Part XI, Line 9 Decrease in Cash = -$0 Form 990, Part XI, Line 9 Decrease in Other Loans = -$0 Form 990, Part XI, Line 9 Decrease in Savings & Term Cash Inv = -$0 Form 990, Part XI, Line 9 Decrease in Unrealized Gain/Loss = -$0 Form 990, Part XI, Line 9 Decrease of Accounts Payable = -$0 Form 990, Part XI, Line 9 Decrease of investments program related = -$0 Form 990, Part XI, Line 9 Decrease of Land and Building = -$0 Form 990, Part XI, Line 9 Decrease of Loans from disqualified person = -$0 Form 990, Part XI, Line 9 DECREASE OF TOTAL ASSETS = -$XXX-XX-XXXX Form 990, Part XI, Line 9 DECREASE OF TOTAL ASSETS = -$XXX-XX-XXXX Form 990, Part XI, Line 9 Net Income = -$5628209 Form 990, Part XI, Line 9 Notes Payable = -$0 Form 990, Part XI, Line 9 Other Assets = -$0 Form 990, Part XI, Line 9 Prepaids = -$0 Northwest Innovation Services LLC 545 E 8th Ave Eugene OR 97401 820608919 Software Development OR -34269 Northwest Community Credit Union Northwest Innovation Services LLC 545 E 8th Ave Eugene OR 97401 820608919 Software Development OR Northwest Community C corp -34269 0.80000 false false false false false false false false false false false false false false false false false false false false