2023-11-15T18:32:05-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-01-01 880063564 ONE NEVADA CREDIT UNION ONEN 7029485392 2645 S MOJAVE ROAD LAS VEGAS NV 89121 STEPHEN O'DONNELL EVP/CFO 7029485392 2023-11-10 1 STEPHEN ODONNELL XXX-XX-XXXX 0 MELISSA HANGSLEBEN P02087031 6022662248 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL PARRISH 2645 S MOJAVE ROAD LAS VEGAS NV 89121 64490957 0 X WWW.ONENEVADA.ORG X 1950 NV TRUSTED PROVIDER OF SUPERIOR FINANCIAL SERVICES TO OUR MEMBER-OWNERS. 8 8 251 13 334165 25662 0 0 49807834 47973155 4096224 15936188 0 0 53904058 63909343 0 0 872228 1648911 22295970 21847965 0 0 0 25546269 28143261 48714467 51640137 5189591 12269206 1333432650 1340404197 1184399749 1202822269 149032901 137581928 TRUSTED PROVIDER OF SUPERIOR FINANCIAL SERVICES TO OUR MEMBER-OWNERS. 0 0 PROVIDE FINANCIAL SERVICES TO MEMBER-OWNERS. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11205 0 1 251 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 0 0 1 1 0 1 1 1 1 1 1 1 0 X STEPHEN O'DONNELL 7029485392 2645 S MOJAVE ROAD LAS VEGAS NV 89121 JILL TAYLOR CHAIR 1.00 X X 0 0 0 MICHAEL LANTZ VICE CHAIR 1.00 X X 0 0 0 BRADLEY BEAL TREASURER / SECRETARY 1.00 X X 0 0 0 GEORGE PETERSON DIRECTOR 1.00 X 0 0 0 MARK FERRARIO DIRECTOR 1.00 X 0 0 0 DENNIS SHIPLEY DIRECTOR 1.00 X 0 0 0 VINCENT ECKELKAMP DIRECTOR 1.00 X 0 0 0 WILLIAM FLAXA DIRECTOR 1.00 X 0 0 0 PAUL PARRISH PRESIDENT/CEO 40.00 X 813641 0 53676 TOM ERNSPERGER EVP/CLO 40.00 X 400428 0 40336 STEVE O'DONNELL EVP/CFO 40.00 X 380553 0 37684 MICHAEL TRAFICANTI SVP HR AND FACILITIES 40.00 X 371447 0 39778 DEBORAH COLBY SVP/CMO 40.00 X 223196 0 28000 TRUDY MCCLAIN SVP RETAIL OPERATIONS 40.00 X 201186 0 26847 TRACY RYAN SVP RISK MANAGEMENT 40.00 X 184668 0 26327 JESSE SHEARIN VP OF IT 40.00 X 180929 0 32622 ROGER WHITE REAL ESTATE LOAN OFFICER 40.00 X 242011 0 23589 DANIEL DUFFY INVESTMENT REPRESENTATIVE 40.00 X 191739 0 22222 CHRIS WIBLE VP INVESTMENTS 40.00 X 240758 0 22040 ALAN CHANG PRESIDENT ONCU INSURANCE SRV. 40.00 X 221018 0 26926 ANTHONY HUMPHREY VP REAL ESTATE LENDING 40.00 X 182334 0 26497 3833908 0 406544 39 0 1 0 FIS PO BOX 4535 CAROL STREAM IL 60197 DEBIT/ATM PROCESSOR 2358184 DIEBOLD PO BOX 643543 PITTSBURGH PA 15264 ATM SERVICES 1510304 R WEST 321 NE COUCH ST STE 401 PORTLAND OR 97232 MARKETING/MEDIA 1493295 PSCU 560 CARILLON PKWY ST PETERSBURG FL 33716 CREDIT CARD PROCESSOR 1309389 CONNECT 64 E WINCHESTER ST STE 300 MURRAY UT 84107 DATACOM SERVICES 1097789 53 FEE INCOME 522100 24238190 23930687 307503 LOAN INTEREST 522100 23734965 23734965 47973155 15737897 26662 15711235 779905 578687 2927 201218 -2927 198291 198291 63909343 47665652 334165 15909526 X 1648911 3041318 14357325 846921 2336748 1265653 512848 120000 68000 893286 3519535 553051 1299349 3238847 333402 250 4559717 150118 PROVISION FOR LOAN LOSS 3063955 VISA CARD PROCESSING 2590065 LOAN SERVICING EXPENSE 2497701 EQUIPMENT MAINTENANCE 1124220 3618917 51640137 44364499 117505375 579814282 420634897 12481286 2273921 413686695 474336652 5339909 5296355 22709295 15519635 7710458 7189660 138852716 124038341 117140952 169598705 14041853 19530291 1333432650 1340404197 4474706 8174923 1532157 1326277 1178392886 1193321069 1184399749 1202822269 X 0 0 0 0 149032901 137581928 149032901 137581928 1333432650 1340404197 12269206 -23720179 0 X 0 0 0 18500 0 0 18500 18500 1 COMMITTEE TO ELECT IRA HANSEN 68 AMIGO CT SPARKS NV 89441 272890043 1000 COMMITTEE TO ELECT JAMES OHRENSCHALL PO BOX 97741 LAS VEGAS NV 89193 272303358 1000 COMMITTEE TO ELECT MELISSA HARDY 633 HOUSE BLEND LANE HENDERSON NV 89052 824646387 1000 COMMUNITY SCHOOLS INITIATIVE PO BOX 370672 LAS VEGAS NV 89137 872878573 2500 INTEGRITY FOR GROWTH & OPPORTUNITY PAC 50 S JONES BLVD 201 LAS VEGAS NV 89107 872371473 3000 NEVADA VICTORY PAC 7322 S RAINBOW BLVD 51 LAS VEGAS NV 89139 842539258 5000 NV FIRST 316 CALIFORNIA AVE 519 RENO NV 89509 823326672 2000 TINA BROWN FOR NEVADA 50 S JONES BLVD 201 LAS VEGAS NV 89107 881146770 2000 FRIENDS OF STEVEN DELISLE 9211 OXBOW LAKE AVE LAS VEGAS NV 89149 843056863 1000 PART I-A, LINE 1: THE ORGANIZATION CONTRIBUTES TO NEVADA STATE LEGISLATOR CAMPAIGNS AND POLITICAL ACTION COMMITTEES (INDIRECT CONTRIBUTIONS) THAT ARE USED FOR ADMINISTRATIVE ACTIVITIES AND SOME CAMPAIGN CONTRIBUTIONS AS THE POLITICAL ACTION COMMITTEES SEE FIT. THE ORGANIZATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ACTIVITIES FOR ANY CANDIDATE. 1399762 1399762 8382608 5673443 2709165 3947653 2830496 1117157 8979272 7015696 1963576 7189660 CORPORATE CENTRALS 144927 C FED AGENCY SECURITIES 167172151 C MORTGAGE SERVICING RIGHTS 515000 C SERVICE ORGANIZATIONS 1766627 C 169598705 MEMBERS' SHARES AND SAVINGS ACCOUNTS 1185719348 OTHER LIABILITIES 7601721 1193321069 X 1 1 X X X X 0 1 0 PAUL PARRISH PRESIDENT/CEO 590290 0 154200 0 69151 0 39767 0 13909 0 867317 0 0 0 TOM ERNSPERGER EVP/CLO 291120 0 55453 0 53855 0 26427 0 13909 0 440764 0 0 0 STEVE O'DONNELL EVP/CFO 282591 0 53377 0 44585 0 23775 0 13909 0 418237 0 0 0 MICHAEL TRAFICANTI SVP HR AND FACILITIES 269170 0 50336 0 51941 0 25869 0 13909 0 411225 0 0 0 ROGER WHITE REAL ESTATE LOAN OFFICER 242011 0 0 0 0 0 9680 0 13909 0 265600 0 0 0 CHRIS WIBLE VP INVESTMENTS 240758 0 0 0 0 0 8131 0 13909 0 262798 0 0 0 DEBORAH COLBY SVP/CMO 145161 0 42137 0 35898 0 18292 0 9708 0 251196 0 0 0 ALAN CHANG PRESIDENT ONCU INSURANCE SRV. 133759 0 64443 0 22816 0 13017 0 13909 0 247944 0 0 0 TRUDY MCCLAIN SVP RETAIL OPERATIONS 151106 0 26491 0 23589 0 12938 0 13909 0 228033 0 0 0 DANIEL DUFFY INVESTMENT REPRESENTATIVE 191739 0 0 0 0 0 7670 0 14552 0 213961 0 0 0 JESSE SHEARIN VP OF IT 167359 0 13570 0 0 0 18713 0 13909 0 213551 0 0 0 TRACY RYAN SVP RISK MANAGEMENT 143909 0 27283 0 13476 0 12418 0 13909 0 210995 0 0 0 ANTHONY HUMPHREY VP REAL ESTATE LENDING 155511 0 26823 0 0 0 12588 0 13909 0 208831 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS A 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. CONTRIBUTIONS TO THIS PLAN DURING 2022 WERE AS FOLLOWS: PAUL PARRISH, PRESIDENT/CEO - $36,775 TOM ERNSPERGER, EVP/CLO - $17,329 MICHAEL TRAFICANTI, SVP HR AND FACILITIES - $15,975 STEVE O'DONNELL, EVP,CFO - $17,055 DEBORAH COLBY, SVP/CMO - $10,178 TRUDY MCCLAIN, SVP RETAIL OPERATIONS - $7,455 TRACY RYAN, SVP RISK MANAGEMENT - $6,742 ALAN CHANG, PRESIDENT ONCU INSURANCE SRV - $9,648 JESSE SHEARIN, VP OF IT- $11,476 ANTHONY HUMPHREY, VP REAL ESTATE LENDING - $5,295 THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING CALENDAR 2022. FORM 990, PART VI, SECTION A, LINE 6 ONE NEVADA CREDIT UNION IS A MEMBER-OWNED STATE CHARTERED FINANCIAL INSTITUTION. PARTICIPATION IN THE CREDIT UNION IS LIMITED TO THOSE INDIVIDUALS THAT QUALIFY FOR MEMBERSHIP. THE FIELD OF MEMBERSHIP IS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN CLARK COUNTY, NELLIS AIR FORCE BASE, WASHOE COUNTY, AND NYE COUNTY, NEVADA. FORM 990, PART VI, SECTION A, LINE 7A ONE NEVADA CREDIT UNION IS A MEMBER-OWNED STATE CHARTERED FINANCIAL INSTITUTION. MEMBERS HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ONE NEVADA'S BOARD POLICIES INCLUDE A DIRECTOR QUALIFICATIONS POLICY AND A CODE OF CONDUCT POLICY. IN BOTH AREAS, CONFLICTS OF INTEREST ARE ADDRESSED IN A "TOP-DOWN" MANNER. ALSO, ONE NEVADA'S EMPLOYEE HANDBOOK AND MANAGEMENT PRACTICES GUIDE ADDRESS CONFLICTS OF INTEREST IN A "BOTTOM-UP" MANNER. DIRECTORS/VOLUNTEERS ARE REQUIRED TO DISCLOSE ANY DIRECT OR PERCEIVED CONFLICT OF INTEREST AT ANY TIME IT MAY OCCUR. THEY THEN MUST ABSTAIN FROM ANY OFFICIAL ACTION THAT WOULD TRIGGER THAT CONFLICT. IF THEY FAIL TO DO THIS, THEY WILL BE ASKED TO RESIGN. IF A DEBATE OCCURS RELATED TO ANY RESIGNATION REQUEST, THE SUPERVISORY COMMITTEE CAN STEP IN AND SUSPEND THE DIRECTOR AS IT SEES FIT, CALL A SPECIAL MEETING OF THE MEMBERSHIP, AND TAKE A MEMBERSHIP VOTE ON WHETHER THE DIRECTOR CAN CONTINUE OR NOT. OBVIOUSLY, IT IS IMPOSSIBLE TO DOCUMENT, THROUGH POLICY, ANY AND ALL POTENTIAL CONFLICT OF INTEREST CIRCUMSTANCES. AS SUCH, THESE MATTERS ARE HANDLED ON A CASE-BY-CASE BASIS. SIMILARLY, ONE NEVADA'S EMPLOYEE HANDBOOK AND MANAGEMENT PRACTICES GUIDE CONTAIN LANGUAGE THAT ADDRESSES EMPLOYEE CONFLICTS OF INTEREST. THE POLICIES ARE CLEAR THAT ALL EMPLOYEES CANNOT HAVE ANY CONFLICT OF INTEREST, AND ARE SUBJECT TO TERMINATION IF CONFLICTS ARE DISCOVERED AND NOT CURED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPOINTED COMPENSATION COMMITTEE MEETS ANNUALLY TO REVIEW AND RECOMMEND TO THE BOARD OF DIRECTORS BOTH THE ANNUAL INCENTIVE BONUS PROGRAM AND OVERALL COMPENSATION PLAN FOR THE PRESIDENT/CEO. THE PROCESS INCLUDES A REVIEW OF COMPETITIVE CEO SALARY SURVEY DATA FROM THE CARDWELL AND ASSOCIATES TOP 200 CREDIT UNIONS CEO TOTAL COMPENSATION SURVEY AND OTHER INDUSTRY PUBLICATIONS AS APPROPRIATE, SUCH AS THE KGA EXECUTIVE SALARY SURVEY REVIEW/CHIEF EXECUTIVE OFFICER. ANNUALLY, THE BOARD CONDUCTS A PERFORMANCE REVIEW WITH THE PRESIDENT/CEO TO REVIEW HIS OVERALL PERFORMANCE AND GOAL ATTAINMENT, ESTABLISH FUTURE PERFORMANCE GOALS AND DETERMINE THE PRESIDENT/CEO'S ANNUAL COMPENSATION. THE DECISIONS ARE DOCUMENTED WITHIN THE EXECUTIVE SESSION OF THE BOARD MEETING. FOR OTHER OFFICERS AND KEY EMPLOYEES, A SIMILAR PROCESS AS NOTED ABOVE IS USED, IN TERMS OF UTILIZATION OF THIRD PARTY RESOURCE DATA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022 FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MOBILE AND HOME BANKING MAINTENANCE 796,049. CREDIT AND CHECK FRAUD EXPENSES 721,956. FEES AND CHARGES 590,481. MISCELLANEOUS 484,880. ATM PROCESSING 375,870. CREDIT CARD EXPENSES 334,860. DEBIT AND CREDIT CARD REWARDS 314,821. ONE NEVADA INSURANCE SERVICES LLC 2645 S MOJAVE RD LAS VEGAS NV 89121 611513740 AUTO & HOMEOWNER INSURANCE NV 1393684 564125 ONE NEVADA CREDIT UNION