CENTRAL WILLAMETTE CREDIT UNION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CENTRAL WILLAMETTE CREDIT UNION (EIN 93-0496543)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202313199349329776
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule B
Schedule D
Schedule I
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-15T19:24:44-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	810987947	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HAUSER JONES & SAS PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10940 NE 33RD PLACE SUITE 100	AddressLine1Txt
City	BELLEVUE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	930496543	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CENTRAL WILLAMETTE CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CENT	BusinessNameControlTxt
Phone	5419176801	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1899	AddressLine1Txt
City	ALBANY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97321	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STACIE WYSS-SCHOENBORN	PersonNm
Person Title	PRESIDENT/CEO	PersonTitleTxt
Phone	5419176801	PhoneNum
Signature	2023-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	STACIE	PersonFirstNm
Person Last	WYSS-SCHOENBORN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROGER A JONES CPA	PreparerPersonNm
PTIN	P01702335	PTIN
Phone	4258891778	PhoneNum
Preparation	2023-11-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	STACIE WYSS-SCHOENBORN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1899	AddressLine1Txt
City	ALBANY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97321	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$25,873,407	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.CENTRALWCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1955	FormationYr
Legal Domicile State	OR	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERSHIP.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	133	TotalEmployeeCnt
Total Volunteers	12	TotalVolunteersCnt
Total Gross UBI	$150,869	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$1,835,422	CYContributionsGrantsAmt
PY Program Service Revenue	$18,767,901	PYProgramServiceRevenueAmt
CY Program Service Revenue	$20,953,116	CYProgramServiceRevenueAmt
PY Investment Income	$973,287	PYInvestmentIncomeAmt
CY Investment Income	$1,769,698	CYInvestmentIncomeAmt
PY Other Revenue	$1,387,625	PYOtherRevenueAmt
CY Other Revenue	$1,167,540	CYOtherRevenueAmt
PY Total Revenue	$21,128,813	PYTotalRevenueAmt
CY Total Revenue	$25,725,776	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,500	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$111,020	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$7,879,024	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$9,104,420	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$7,657,850	PYOtherExpensesAmt
CY Other Expenses	$9,598,091	CYOtherExpensesAmt
PY Total Expenses	$15,539,374	PYTotalExpensesAmt
CY Total Expenses	$18,813,531	CYTotalExpensesAmt
PY Revenues Less Expenses	$5,589,439	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,912,245	CYRevenuesLessExpensesAmt
Total Assets BOY	$480,185,981	TotalAssetsBOYAmt
Total Assets EOY	$515,430,336	TotalAssetsEOYAmt
Total Liabilities BOY	$439,261,467	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$478,987,695	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$40,924,514	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$36,442,641	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE RESPONSIBLE, ATTRACTIVE SAVINGS AND LOAN PROGRAMS AND OTHER SERVICES COMMON TO THE FINANCIAL WELFARE OF ITS MEMBERS. TO CONDUCT THE SERVICES IN A PROFESSIONAL, PERSONAL, EFFICIENT, AND COMPETITIVE MANNER CONSISTENT WITH SOUND FINANCIAL AND BUSINESS PRACTICES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	CENTRAL WILLAMETTE CREDIT UNION SERVICES 34,273 MEMBERS OF OUR COMMUNITY WITH DIVERSE FINANCIAL PRODUCTS AND SERVICES. DURING THE YEAR WE GRANTED A TOTAL OF 7,714 LOANS WORTH $200,445,988 TO OUR MEMBERS. WE HAVE A TOTAL LOAN PORTFOLIO OF 19,125 LOANS WORTH $375,974,217. THE CREDIT UNION MAINTAINS 66,476 DEPOSIT ACCOUNTS FOR OUR MEMBERS WORTH $433,390,702. THE CREDIT UNION EMPLOYS 109 INDIVIDUALS FROM OUR COMMUNITY.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	6424	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	133	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DEWAYNE LEDBETTER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5419176801	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7101 SUPRA DR SW	AddressLine1Txt
City	ALBANY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97321	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JIM HEALY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
STEVE UERLINGS
CHAIR	3.00	Yes (X)	$0	$0	$0	Yes (X)
TOM CUTSFORTH
DIRECTOR	2.00	Yes (X)	$0	$0	$0
MARTY CAHILL
SECRETARY	3.00	Yes (X)	$0	$0	$0	Yes (X)
MARK YAEGER
DIRECTOR	2.00	Yes (X)	$0	$0	$0
GREG HAMANN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CAROLINA VALLADARES
DIRECTOR	2.00	Yes (X)	$0	$0	$0
HELEN HIGGINS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
STEVE SHARPE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
STACIE WYSS-SCHOENBORN
CEO	50.00		$391,357	$0	$7,475	Yes (X)
DEWAYNE LEDBETTER
CFO	50.00		$214,563	$0	$7,043	Yes (X)
RACHEL WOLFE
COO	50.00		$187,185	$0	$7,499		Yes (X)
JOEY RUDISILL
CIO	50.00		$193,290	$0	$6,916		Yes (X)
AMANDA GROLEMUND
FORMER CMO	50.00		$120,509	$0	$1,721			Yes (X)
GRADY CORR
INFORMATION SECURITY OFFIC	50.00		$129,771	$0	$0			Yes (X)
DAVE DESEMPLE
CEXPERIENCEO	50.00		$148,710	$0	$4,519			Yes (X)
BRYAN BLAIR
SENIOR IT SYSTEMS ENGINEER	50.00		$125,592	$0	$0			Yes (X)
VERONICA BRUNER
HR MANAGER	50.00		$124,196	$0	$3,297			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,635,173	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$38,470	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	12	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PSCU
560 CARILLON PARKWAY	ST PETERSBURG	FL	33716	CREDIT AND DEBIT CARD PROCESSOR	$1,424,320
Q2 SOFTWARE
PO BOX 205970 DALLAS	DALLAS	TX	753205970	ONLINE AND MOBILE BANKING SERVICE	$391,252
HABERFELD DIRECT
206 S 13TH STREET STE 1500	LINCOLN	NE	68508	MARKETING DESIGN SERVICES	$267,181
AMAZON WEB SERVICES INC
PO BOX 84023	SEATTLE	WA	981248423	WEB SERVICES	$262,650
DIAMOND COMMUNICATION SOLUTIONS
PO BOX 1000	SOUTHEASTERN	PA	193981000	PRINTING / MAILING SERVICES	$244,271

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,835,422	GovernmentGrantsAmt
Total Contributions	$1,835,422	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS	522100	$14,654,846	$14,654,846
SERVICE CHARGES AND GE	522100	$5,468,686	$5,442,481	$26,205
OTHER OPERATING INCOME	522100	$829,584	$829,584

Field	Value	IRS element (for citing)
Total Program Service Revenue	$20,953,116	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,917,329	TotalRevenueColumnAmt
Exclusion	$1,917,329	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$147,631	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$147,631	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$147,631	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$147,631	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER NONOPERATING INC	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,167,540	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,042,876	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$124,664	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,167,540	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$25,725,776	TotalRevenueColumnAmt
Related Or Exempt Func Income	$21,822,156	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$150,869	UnrelatedBusinessRevenueAmt
Exclusion	$1,917,329	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$111,020	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$986,395	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,317,677	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$175,317	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$991,633	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$633,398	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$72,618	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$96,537	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$691,816	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$708,005	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,250,698	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$660,439	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$111,198	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$502,721	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$838,942	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$131,162	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN SERVICING	$1,303,855
ATM SERVICING	$985,606
PROVISION FOR LOAN LOSS	$877,751
ASSOCIATION DUES	$69,102

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,297,641	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,813,531	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,138,474	BOYAmt
EOY	$4,519,094	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$53,755,308	BOYAmt
EOY	$11,007,712	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$295,929,479	BOYAmt
EOY	$373,754,249	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$11,878,862	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$18,533,759	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$10,025,767	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,842,223	BOYAmt
EOY	$8,507,992	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$94,849,900	BOYAmt
EOY	$87,071,580	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,538,800	BOYAmt
EOY	$2,483,300	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$21,131,797	BOYAmt
EOY	$16,207,547	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$480,185,981	BOYAmt
EOY	$515,430,336	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,155,619	BOYAmt
EOY	$45,596,993	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$427,105,848	BOYAmt
EOY	$433,390,702	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$439,261,467	BOYAmt
EOY	$478,987,695	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$40,924,514	BOYAmt
EOY	$36,442,641	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$40,924,514	BOYAmt
EOY	$36,442,641	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$480,185,981	BOYAmt
EOY	$515,430,336	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,912,245	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$11,394,118	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,817,583	OtherCostOrOtherBasisAmt
Book Value	$1,817,583	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$9,703,206	OtherCostOrOtherBasisAmt
Depreciation	$5,184,570	DepreciationAmt
Book Value	$4,518,636	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,747,510	OtherCostOrOtherBasisAmt
Depreciation	$834,365	DepreciationAmt
Book Value	$913,145	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,265,460	OtherCostOrOtherBasisAmt
Depreciation	$4,006,832	DepreciationAmt
Book Value	$1,258,628	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,507,992	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARES	Desc
Amt	$433,390,702	Amt

Field	Value	IRS element (for citing)
Total Liability	$433,390,702	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$25,725,776	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$25,725,776	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$25,725,776	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$18,665,900	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$18,665,900	ExpensesSubtotalAmt
Other Expenses Not Included	$147,631	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$147,631	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$18,813,531	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV, LINE 2B:	ESCROW ACCOUNTS FOR MEMBER MORTGAGE LOANS.
PART X, LINE 2:	THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME IS NOT SIGNIFICANT AND NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2022. INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS WOULD BE RECOGNIZED AS A NONINTEREST EXPENSE. DURING THE YEAR ENDED DECEMBER 31, 2022, AND THE SIX MONTHS ENDED DECEMBER 31, 2021 THE CREDIT UNION RECOGNIZED NO TAX RELATED INTEREST AND PENALTIES.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	LOSS ON SALE OF FIXED ASSET 147,631.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
ALBANY GENERAL HOSPITAL FDTN
1046 SIXTH AVE SW	ALBANY	OR	973211999	930712890	501(C)3	$10,500	$0	$8K AGH 2022 SAM SCRAMBLE (GOLF TOURNAMENT SPONSORSHIP), $2.5K AGH HOUSE ENDOWMENT
ALBANY PARKS & RECREATION
PO BOX 490	ALBANY	OR	97321	812465668	501(C)3	$25,000	$0	$25K NW ART & AIR FESTIVAL SPONSORSHIP
BEAVER SPORTS PROPERTIES LLC
PO BOX 843038	KANSAS CITY	MO	641843038	470911648		$18,270	$0	$18K OR STATE SPORTS SPONSOR
BOYS & GIRLS CLUB OF ALBANY
1215 HILL ST SE	ALBANY	OR	97322	930549842	501(C)3	$6,000	$0	$5K CELEBRATION OF TREES PRESENTING SPONSOR, $1K ANNUAL AUCTION TABLE
BOYS & GIRLS CLUB OF CORVALLIS
1112 NW CIRCLE BLVD	CORVALLIS	OR	97330	237153987	501(C)3	$8,000	$0	$5K BGCC LEARNING CENTER SPONSOR, $3K CELEBRATION KIDS BREAKFAST SPONSOR
BOYS AND GIRLS CLUB OF SALEM
852 LANCASTER DR SE	SALEM	OR	973175831	930581470	501(C)3	$5,250	$0	$5K ANNUAL DONATION DRIVE
CREDIT UNION FOR KIDS CAMPAIGN
18000 INTERNATIONAL BLVD SUITE 350	SEATAC	WA	98188	911649328	501(C)3	$18,000	$0	$18K 2022 AUCTION
LINN BENTON CC FOUNDATION
6500 PACIFIC BLVD SW	ALBANY	OR	97321	237212073	501(C)3	$10,000	$0	$10K MID-VALLEY STEM-CTE HUB SPONSORSHIP

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STACIE WYSS-SCHOENBORN
CEO	$321,247	$0	$60,000	$0	$10,110	$0	$0	$0	$7,475	$0	$398,832	$0	$0	$0
DEWAYNE LEDBETTER
CFO	$196,786	$0	$17,177	$0	$600	$0	$0	$0	$7,043	$0	$221,606	$0	$0	$0
JOEY RUDISILL
CIO	$175,399	$0	$16,867	$0	$1,024	$0	$0	$0	$6,916	$0	$200,206	$0	$0	$0
RACHEL WOLFE
COO	$158,272	$0	$15,448	$0	$13,465	$0	$0	$0	$7,499	$0	$194,684	$0	$0	$0
DAVE DESEMPLE
CEXPERIENCEO	$140,591	$0	$7,759	$0	$360	$0	$0	$0	$4,519	$0	$153,229	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, PART III LINE 4B	FormAndLineReferenceDesc
Explanation	THE FOLLOWING INDIVIDUALS PARTICIPATE IN LRSD (A SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENT IN PLACE OF A TRADITIONAL SERP) AND RECEIVED THE AMOUNTS (IF ANY) FOLLOWING THEIR NAMES: [JOEY RUDISILL: $0; RACHEL WOLFE: $0.] SEE SCHEDULE L, PART V, FOR A BROADER DESCRIPTION OF THE ARRANGEMENT.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
STACIE WYSS-SCHOENBORN
CEO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$6,700,000	$6,854,132	0	Yes (1)	Yes (1)
RACHEL WOLFE
COO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$1,530,000	$1,542,092	0	Yes (1)	Yes (1)
JOEY RUDISILL
CIO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$3,430,000	$3,482,638	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$11,878,862	TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE L, PART II, SPLIT DOLLAR LIFE INSURANCE TERMS AND CONDITIONS	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ALTERNATIVE FUNDING ARRANGEMENT THE IRS CALLS "COLLATERAL ASSIGNMENT SPLIT DOLLAR" (CASD). ALTHOUGH THE IRS REQUIRES REPORTING IN THE LOAN SECTION OF SCHEDULE L, CASD IS NOT A LOAN BECAUSE NO FUNDS ARE TRANSFERRED TO THE EXECUTIVE. RATHER, THE "LOAN" TREATMENT APPLIES BECAUSE AFTER THE EXECUTIVE HAS RECEIVED RETIREMENT BENEFITS, THE ORGANIZATION RECOVERS ALL OF ITS OUTLAYS PLUS INTEREST.THE RECOVERY RIGHT IS A KEY ADVANTAGE OF CASD FOR THE ORGANIZATION. RATHER THAN PAYING RETIREMENT BENEFITS TO THE EXECUTIVE THAT WOULD NEVER BE RECOVERED, UNDER CASD THE ORGANIZATION RECOVERS NOT ONLY ITS OUTLAYS BUT ALSO CONSIDERATION FOR THE TIME VALUE OF MONEY.CASD WORKS AS FOLLOWS. THE ORGANIZATION DEPOSITS FUNDS INTO CASH VALUE LIFE INSURANCE POLICIES ON THE EXECUTIVE'S LIFE. DURING LIFE, TO THE EXTENT THE EXECUTIVE FULFILLS SERVICE AND VESTING REQUIREMENTS, THE EXECUTIVE CAN BORROW AGAINST THE CASH SURRENDER VALUE TO SUPPLEMENT RETIREMENT INCOME. POLICY PERFORMANCE IS CLOSELY MONITORED. IF POLICY PERFORMANCE LAGS, THE EXECUTIVE'S BORROWING RIGHTS ARE REDUCED TO PROTECT THE ORGANIZATION'S RECOVERY RIGHTS.AT THE EXECUTIVE'S DEATH, THE POLICY DEATH PROCEEDS ARE FIRST USED TO REPAY THE ORGANIZATION ITS DEPOSITS PLUS COMPOUNDED INTEREST (AT THE IRS LONG-TERM APPLICABLE FEDERAL RATE). THE EXECUTIVE'S BENEFICIARY THEN RECEIVES ANY PROJECTED RETIREMENT BORROWING THE EXECUTIVE DID NOT ACCESS DURING LIFE. ANY REMAINING DEATH PROCEEDS 1. ARE AVAILABLE TO BE PAID TO THE EXECUTIVE'S BENEFICIARY.2. ARE DIVIDED BETWEEN THE ORGANIZATION AND THE EXECUTIVE'S BENEFICIARY.3. WERE AVAILABLE TO BE PAID TO THE EXECUTIVE'S BENEFICIARY. HOWEVER, THE EXECUTIVE DECIDED TO MAKE A GIFT OF 50% OF THE EXCESS PROCEEDS TO THE ORGANIZATION TO PROVIDE ADDITIONAL FUNDING FOR THE ORGANIZATION'S CHARITABLE ACTIVITIES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	EACH CREDIT UNION MEMBER HAS ONE VOTE TOWARDS THE ELECTION OF THE CREDIT UNION'S GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 IS MADE AVAILABLE FOR REVIEW BY THE BOARD AT REGULARLY SCHEDULED MEETINGS AFTER THE FORM IS FILED. THE CREDIT UNION'S CEO IS PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUALLY, EMPLOYEES MUST REVIEW THE CREDIT UNION'S CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT THAT THEY HAVE READ THE POLICY. THE COMPLIANCE OFFICER OF THE CREDIT UNION CONDUCTS STAFF MEETINGS TO REVIEW THE POLICY AND ANSWER ANY QUESTIONS. THE COMPLIANCE OFFICER ALSO REVIEWS THE POLICY WITH THE BOARD OF DIRECTORS. EMPLOYEE AND DIRECTOR TRANSACTIONS ARE MONITORED BY THE CREDIT UNION'S INTERNAL AUDITOR FOR ANY POSSIBLE CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15	THE CEO'S COMPENSATION IS REVIEWED BY THE CREDIT UNION'S GOVERNANCE COMMITTEE. THE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS. THE BOARD MAKES THE FINAL DETERMINATION. KEY EMPLOYEES HAVE THEIR COMPENSATION REVIEWED BY THE CEO. IN ALL CASES, INDUSTRY COMPENSATION SURVEYS AND LOCAL DATA ARE USED TO DETERMINE INDIVIDUAL AMOUNTS. THE CREDIT UNION ALSO HAS POLICIES IN THE EMPLOYEE MANUAL THAT COVER COMPENSATION, PERFORMANCE REVIEWS, AND INCENTIVES. CEO COMPENSATION WAS LAST REVIEWED IN DECEMBER 2022. KEY EMPLOYEE COMPENSATION ANALYSIS WAS LAST CONDUCTED IN DECEMBER 2022.
FORM 990, PART VI, SECTION C, LINE 18	MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH OFFICE. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, 2C	THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.