2021-09-28T20:47:14-05:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2020-01-01 880063564 ONE NEVADA CREDIT UNION ONEN 7029485392 2645 S MOJAVE ROAD LAS VEGAS NV 89121 STEPHEN O'DONNELL EVP/CFO 7029485392 2021-09-27 1 STEPHEN ODONNELL 999009999 MARY C GREEN P00447183 6022662248 2021-08-23 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z PAUL PARRISH 2645 S MOJAVE ROAD LAS VEGAS NV 89121 54958786 0 X WWW.ONENEVADA.ORG X 1950 NV TRUSTED PROVIDER OF SUPERIOR FINANCIAL SERVICES TO OUR MEMBER-OWNERS. 8 8 265 13 361607 22603 0 0 54268731 49749342 10542534 5207398 0 0 64811265 54956740 0 0 1102598 896778 21424033 21894581 0 0 0 27021849 27255448 49548480 50046807 15262785 4909933 953378012 1164120004 815261234 1016870834 138116778 147249170 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 10313 0 265 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 RD LAS VEGAS NV 89121 PAUL PARRISH PRESIDENT/CEO 40.00 X 645357 0 50377 ROGER WHITE REAL ESTATE LOAN OFFICER 40.00 X 382516 0 21365 TOM ERNSPERGER EVP/CLO 40.00 X 362207 0 36037 MICHAEL TRAFICANTI SVP HR AND FACILITIES 40.00 X 334627 0 35470 STEPHEN O'DONNELL EVP/CFO 40.00 X 307341 0 31756 ANTHONY TUASON REAL ESTATE LOAN OFFICER 40.00 X 301191 0 21365 JEFF TIBBITS SVP OF IT 40.00 X 248175 0 30849 DEBORAH COLBY SVP/CMO 40.00 X 232091 0 28753 CHRIS WIBLE VP INVESTMENTS 40.00 X 226586 0 24445 KENNETH HUGHES REAL ESTATE LOAN OFFICER 40.00 X 226870 0 9075 DANIEL DUFFY INVESTMENT REPRESENTATIVE 40.00 X 197746 0 19525 TRUDY MCCLAIN SVP RETAIL OPERATIONS 40.00 X 163394 0 22758 TRACY RYAN SVP RISK MANAGEMENT 40.00 X 152798 0 23121 MARK FERRARIO CHAIR 1.00 X X 0 0 0 MICHAEL LANTZ VICE PRESIDENT / VICE CHAIR 1.00 X X 0 0 0 PETE PETERSON TREASURER / SECRETARY 1.00 X X 0 0 0 BRAD BEAL DIRECTOR 1.00 X 0 0 0 DENNIS SHIPLEY DIRECTOR 1.00 X 0 0 0 VINCE ECKELKAMP DIRECTOR 1.00 X 0 0 0 JILL TAYLOR DIRECTOR 1.00 X 0 0 0 BILL FLAXA DIRECTOR 1.00 X 0 0 0 3780899 0 354896 46 0 1 0 WORLDPAY 8500 GOVERNORS HILL DRIVE SYMMES TOWNSHIP OH 45249 DEBIT/ATM PROCESSOR 2111843 CONNECT 64 E WINCHESTER ST SUITE 300 MURRAY UT 84107 DATACOM SERVICES 1177361 PSCU 560 CARILLON PKWY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING PROVIDER 1012609 MASS MEDIA 2140 E PEBBLE RD STE 210 LAS VEGAS NV 89123 MARKETING/MEDIA 959280 DIEBOLD PO BOX 643543 PITTSBURGH PA 152643543 ATM SERVICES 951501 48 LOAN INTEREST 522100 30256119 30256119 FEE INCOME 522100 19493223 19155219 338004 49749342 5202964 23603 5179361 6480 2046 4434 4434 4434 54956740 49411338 361607 5183795 896778 2705110 14701755 975785 2244008 1267923 88056 120000 66118 999292 1917992 780232 1615007 3032092 247417 3607779 117219 PROVISION FOR LOAN LOSS 5474082 LOAN SERVICING EXPENSE 2637439 VISA CARD PROCESSING 1872139 EQUIPMENT MAINTENANCE 1255946 3424638 50046807 194555877 37654838 91714865 316983759 1849881 1601584 488856749 427391758 4363114 4543850 24116355 16841118 6570004 7275237 93834832 250646493 59813135 104216441 11819555 13806044 953378012 1164120004 4956680 4634704 428153 284967 0 5000000 809876401 1006951163 815261234 1016870834 X 0 0 0 0 138116778 147249170 138116778 147249170 953378012 1164120004 4909933 4222459 0 X 0 0 0 20000 0 20000 20000 1 COMMITTEE TO ELECT SELENA TORRES 1027 S RAINBOW BLVD PO BOX 122 LAS VEGAS NV 89145 824199989 1000 CAMPAIGN FOR BRITTNEY MILLER 9030 W SAHARA 364 LAS VEGAS NV 89117 811720889 1000 CAMPAIGN COMMITTEE TO ELECT JASON FRIERSON 7925 W RUSSELL RD 400187 LAS VEGAS NV 89140 811720889 2500 CAMPAIGN TO ELECT ROCHELLE NGUYEN PO BOX 26025 LAS VEGAS NV 89126 832881476 1000 COMMITTEE TO ELECT HOWARD WATTS 1701 S 14TH ST LAS VEGAS NV 89104 824683201 1000 FRIENDS OF SARAH PETERS 22258 SUNRISE DR RENO NV 89509 824872356 1000 FRIENDS OF JILL TOLLES 4790 CAUGHLIN PARKWAY 180 RENO NV 59519 474868322 1000 LISA KRASNER FOR NEVADA 59 DAMONTE RANCH PKWY B-460 RENO NV 89521 463235178 1000 FRIENDS OF LESLEY COHEN 2657 WINDMILL PARKWAY 415 HENDERSON NV 89074 461592250 2000 COMMITTEE TO ELECT ALEXIS HANSEN 68 AMIGO CT SPARKS NV 89441 822563682 1000 COMMITTEE TO ELECT SHEA BACKUS 4683 HEARTSTONE CIRCLE LAS VEGAS NV 89129 823716164 1000 COMMITTEE TO ELECT NICOLE CANNIZZARO 7901 COCOA BEACH CIR LAS VEGAS NV 89128 474860402 2500 COMMITTEE TO ELECT HEIDI GANSERT 316 CALIFORNIA AVE 519 RENO NV 89509 475012428 2000 FRIENDS OF SCOTT HAMMOND PO BOX 751271 LAS VEGAS NV 89139 452924552 2000 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 5464494 2918114 2805578 1519258 1286320 11528407 9857366 1671041 7275237 CORPORATE CENTRALS 546649 C FED AGENCY SECURITIES 102506003 F SERVICE ORGANIZATIONS 1163789 C 104216441 MEMBERS' SHARES AND SAVINGS ACCOUNTS 1001827179 OTHER LIABILITIES 5123984 1006951163 X 1 1 X X X X 0 1 0 PAUL PARRISH PRESIDENT/CEO 473844 0 123000 0 48513 0 38762 0 11615 0 695734 0 48513 0 ROGER WHITE REAL ESTATE LOAN OFFICER 382016 0 500 0 0 0 9750 0 11615 0 403881 0 0 0 TOM ERNSPERGER EVP/CLO 262110 0 50294 0 49803 0 24422 0 11615 0 398244 0 49803 0 MICHAEL TRAFICANTI SVP HR AND FACILITIES 242119 0 45656 0 46852 0 23855 0 11615 0 370097 0 46852 0 STEPHEN O'DONNELL EVP/CFO 231151 0 43224 0 32966 0 20141 0 11615 0 339097 0 32966 0 ANTHONY TUASON REAL ESTATE LOAN OFFICER 300691 0 500 0 0 0 9750 0 11615 0 322556 0 0 0 JEFF TIBBITS SVP OF IT 190130 0 34270 0 23775 0 19234 0 11615 0 279024 0 23775 0 DEBORAH COLBY SVP/CMO 193869 0 38222 0 0 0 17138 0 11615 0 260844 0 0 0 CHRIS WIBLE VP INVESTMENTS 117011 0 90105 0 19470 0 12830 0 11615 0 251031 0 19470 0 KENNETH HUGHES REAL ESTATE LOAN OFFICER 3590 0 223280 0 0 0 9075 0 0 0 235945 0 0 0 DANIEL DUFFY INVESTMENT REPRESENTATIVE 18129 0 179617 0 0 0 7910 0 11615 0 217271 0 0 0 TRUDY MCCLAIN SVP RETAIL OPERATIONS 131312 0 14007 0 18075 0 11143 0 11615 0 186152 0 18075 0 TRACY RYAN SVP RISK MANAGEMENT 134238 0 18560 0 0 0 11506 0 11615 0 175919 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 2020 WERE AS FOLLOWS: PAUL PARRISH, PRESIDENT/CEO - $29,392 TOM ERNSPERGER, EVP/CLO - $15,620 MICHAEL TRAFICANTI, SVP HR AND FACILITIES - $14,389 STEVE O'DONNELL, EVP,CFO - $13,719 DEBORAH COLBY, SVP/CMO - $9,693 JEFF TIBBITS, SVP OF IT - $10,686 TRUDY MCCLAIN, SVP RETAIL OPERATIONS - $6,190 TRACY RYAN, SVP RISK MANAGEMENT - $6,392 CHRIS WIBLE, VP INVESTMENTS - $5,000 DISTRIBUTIONS FROM THIS PLAN DURING 2020 WERE AS FOLLOWS: PAUL PARRISH, PRESIDENT/CEO - $48,513 TOM ERNSPERGER, EVP/CLO - $49,803 MICHAEL TRAFICANTI, SVP HR AND FACILITIES - $46,852 STEVE O'DONNELL, EVP/CFO - $32,966 JEFF TIBBITS, SVP OF IT - $23,775 TRUDY MCCLAIN, SVP RETAIL OPERATIONS - $18,075 CHRIS WIBLE, VP INVESTMENTS - $19,470 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 UNTILIZATION OF THIRD PARTY RESOURCE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ONE NEVADA INSURANCE SERVICES LLC 2645 S MOJAVE RD LAS VEGAS NV 89121 611513740 AUTO & HOMEOWNER INSURANCE NV 661817 545335 ONE NEVADA CREDIT UNION