2020-10-13T14:34:34-05:00 2019-12-31 042689883 WOLF & COMPANY PC 99 HIGH STREET 21ST FLOOR BOSTON MA 02110 990 2019-01-01 050125860 NAVIGANT CREDIT UNION NAVI 4012334304 1005 DOUGLAS PIKE SMITHFIELD RI 029171206 JASON M JOLIN EVP/CFO 4012334304 2020-10-13 1 HARRY A KALAJIAN JR CPA P00464296 6174399700 2020-10-13 146.115.156.5 2020-10-13 14:09:41 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 36AF408B42A4B53A88AB405E67774237CBEDE7D8 2019 2021-04-22 16:20:28Z JASON M JOLIN 1005 DOUGLAS PIKE SMITHFIELD RI 029171206 185226194 0 X N/A X 1915 RI THE MISSION OF NAVIGANT CREDIT UNION IS TO IMPROVE THE FINANCIAL LIVES OF ITS MEMBERS. 11 0 388 0 214069 0 0 0 84553021 97931688 6400605 8340646 634564 615132 91588190 106887466 0 2714377 0 0 27696009 30800610 0 0 0 43831201 53090198 71527210 86605185 20060980 20282281 2187804095 2345509867 1957627676 2094716106 230176419 250793761 X NAVIGANT CREDIT UNION IS MEMBER OWNED AND OPERATED. THE MISSION OF NAVIGANT CREDIT UNION IS TO IMPROVE THE FINANCIAL LIVES OF ITS MEMBERS. IT DOES SO BY RESPONDING TO THE MEMBERS WITH THE VALUE THEY NEED AND THE CARING PERSONAL SERVICE THEY DESERVE. THIS IS ACCOMPLISHED BY PROVIDING COMPETITIVE LOAN AND DEPOSIT RATES AS WELL AS OTHER SERVICES TO OUR MEMBERS SEEK IN MANAGING THEIR FINANCES, DELIVERED BY A KNOWLEDGEABLE AND FRIENDLY STAFF. 0 0 THE CREDIT UNION IS A COOPERATIVE OWNED AND DIRECTED BY AND DEDICATED TO SERVING ITS MEMBERS. THE CREDIT UNION HAS 37,724 LOANS TOTALING $2,006,207,293 DUE FROM MEMBERS AND $1,933,266,121 IN 208,267 DEPOSIT ACCOUNTS FROM MEMBERS. ALSO $191,615 OF FEES WERE RECEIVED FROM MEMBERS RENTING 6,730 SAFE DEPOSIT BOXES. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 1 0 0 0 0 1 1 1 1 0 1 86859 0 1 388 1 1 1 0 0 0 0 0 0 0 1 0 X 11 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X JASON M JOLIN 4012334304 1005 DOUGLAS PIKE SMITHFIELD RI 029171206 ALFRED P DEGEN VICE CHAIRMAN 1.00 X 15525 0 0 PETER BAZIOTIS DIRECTOR 1.00 X 15000 0 0 JAMES K SALOME DIRECTOR 1.00 X 19750 0 0 ROLAND R LACHAPELLE DIRECTOR/VICE CHAIRMAN 1.00 X 45907 0 0 ROBERT MURRAY DIRECTOR 1.00 X 15375 0 0 GARY E FURTADO PRESIDENT/TREASURER 40.00 X X 2140467 0 233106 CHARLES H DEBLOIS DIRECTOR 1.00 X 36782 0 0 JOSEPH BERETTA DIRECTOR 1.00 X 15375 0 0 ANN M KASHMANIAN DIRECTOR/SECRETARY 1.00 X 22425 0 0 MICHAEL RYAN DIRECTOR 1.00 X 15075 0 0 PAUL BEAUDOIN DIRECTOR 1.00 X 15525 0 0 BRIAN A AZAR SVP/CLO 40.00 X 317500 0 70494 H CHRIS DER VARTANIAN SVP/CRO 40.00 X 315445 0 47433 KATHLEEN OROVITZ SVP-CRBO 40.00 X 256250 0 66690 JASON M JOLIN EVP/CFO 40.00 X 260750 0 62214 LISA G DANDENEAU EVP/COO 40.00 X 388809 0 93159 JONATHAN ROBERTS SVP - CIO 40.00 X 230500 0 55667 ROSS SILVA AVP-BUS. DEV/REGIONAL LOAN OFFICIER 40.00 X 174901 0 30045 DAVID DECUBELLIS VP - RESIDENTIAL MORTGAGE 40.00 X 178941 0 28068 LEONARDA CONTI AVP - MORTGAGE LOAN OFFICER 40.00 X 198187 0 20728 JEFFREY P CASCIONE VP-COMMERCIAL LENDING 40.00 X 213509 0 28009 FREDDIE C ALMEIDA AVP - MORTGAGE LOAN OFFICER 40.00 X 222650 0 33780 5114648 0 769393 28 0 1 0 FISERV SOLUTIONS INC PO BOX 99924 GRAPEVINE TX 76099 DATA PROCESSING 3179354 NCR CORPORATION FKA INTUIT FINANCIAL SER 14181 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 DATA PROCESSING 1839018 DUFFY UNITED 10 CHARLES STREET PROVIDENCE RI 02904 ADVERTISING SERVICES 970397 BOWERMAN & ASSOCIATES ONE RICHMOND SQUARE SUITE 220E PROVIDENCE RI 02906 ARCHITECTURAL 901799 D3 LOGIC INC 89 COMMERCIAL WAY EAST PROVIDENCE RI 02914 DATA PROCESSING - STATEMENT RENDERING 831026 48 INTEREST ON LOANS 522291 85159995 85159995 MISCELLANEOUS FEES 525990 6468714 6468714 MEMBER SERVICE FEE 525990 5812093 5605643 206450 NCU FINANCIAL 524298 490886 483267 7619 97931688 6131690 6131690 10800 0 10800 10800 10800 78350662 2197022 78338728 0 11934 2197022 2208956 2208956 OTHER REVENUE 900099 606835 606835 LOSS ON LAWSUIT SETTLEMENT 900099 -2503 -2503 604332 106887466 98332751 214069 8340646 2714377 4126461 17492314 2521763 4765855 1894217 1180315 2326406 530150 4935309 3601166 113158 399983 26863109 2389153 CORRESPONDENT SERVICES 4134518 PROVISION FOR LOAN LOSS 2550303 COMMISSIONS AND LOAN SE 1186711 STATE DEPOSIT TAX 1186608 1693309 86605185 18983731 18646686 39551957 66197199 401170 441287 1861504961 2001158682 1770220 1929658 56612969 24154306 32522930 32458663 195511110 185604994 37558016 39072698 2187804095 2345509867 19383863 23761951 1575893 1550492 1936667920 2069403663 1957627676 2094716106 X 0 0 0 0 230176419 250793761 230176419 250793761 2187804095 2345509867 X 20282281 3664888 -3329825 X X 0 1 X 1 0 0 1 X 9347216 9347216 34058259 13671628 20386631 8775904 6636791 2139113 4431590 3845887 585703 32458663 DEPOSITS 1931920372 ACCRUED INTEREST PAYABLE 1357054 BORROWINGS 136126237 2069403663 X 106888000 534 534 106887466 0 106887466 86605000 -185 -185 86605185 0 86605185 PART IV, LINE 2B: AS PART OF THE MORTGAGE AGREEMENT, AN ESCROW ACCOUNT IS MAINTAINED FOR EACH MORTGAGE WHERE ESCROW OF REAL ESTATE TAXES & HOME OWNERS INSURANCE IS REQUIRED. THE CREDIT UNION COMPLIES WITH ALL FEDERAL & STATE LAWS REGARDING DISCLOSURES AND OPERATION OF THESE ACCOUNTS. PART X, LINE 2: THE CREDIT UNION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(14) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. HOWEVER, STATE-CHARTERED CREDIT UNIONS ARE SUBJECT TO FEDERAL AND STATE TAXES ON UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE CREDIT UNION DID NOT HAVE ANY INCOME TAX EXPENSE FOR UNRELATED BUSINESS INCOME. TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, INCLUDING THE POSITION THAT THE CREDIT UNION QUALIFIES AS A TAX EXEMPT ENTITY, ARE REQUIRED TO BE EVALUATED TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE UPHELD UNDER REGULATORY REVIEW. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE ACCRUED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ACCRUAL OR DISCLOSURE AT DECEMBER 31, 2019 AND 2018. THE CREDIT UNION'S UNRELATED BUSINESS INCOME TAX RETURNS FOR FISCAL YEARS ENDED DECEMBER 31, 2016 TO PRESENT ARE SUBJECT TO REVIEW BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 534. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING -185. 0 AMERICAN HEART ASSOCIATION 7272GREENVILLE AVENUE DALLAS TX 752314596 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS AMERICAN PARKINSON'S DISEASE RI CHAPTER GOLF PO BOX 41659 PROVIDENCE RI 02940 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BISHOP FEEHAN HIGH SCHOOL 70 HOLCOTT DR ATTLEBORO MA 02703 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BLACKSTONE RIVER THEATRE 549 BROAD ST CUMBERLAND RI 02864 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BLACKSTONE VALLEY COMMUNITY HEALTH CARE 39 EAST AVE PAWTUCKET RI 02860 501(C)(3) 25000 CHARITABLE CONTRIBUTIONS BLACKSTONE VALLEY TOURISM COUNCIL POLAR EXPRESS 175 MAIN STREET PAWTUCKET RI 02860 501(C)(3) 10000 CHARITABLE CONTRIBUTIONS BOYS & GIRLS CLUB OF PAWTUCKET 1 MOELLER PLACE PAWTUCKET RI 02860 501(C)(3) 8150 CHARITABLE CONTRIBUTIONS BOYS AND GIRLS CLUB OF NORTHERN RI PO BOX 7505 CUMBERLAND RI 02684 501(C)(3) 8500 CHARITABLE CONTRIBUTIONS BOYS TOWN NEW ENGLAND 294 W EXCHANGE ST PROVIDENCE RI 02903 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BRAIN INJURY ASSOCIATION OF RI 1017 WATERMAN AVE EAST PROVIDENCE RI 02914 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BRISTOL 4TH OF JULY PARADE PO BOX 561 BRISTOL RI 02809 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS BRYANT ATHLETICS 1150 DOUGLAS PIKE SMITHFIELD RI 02917 501(C)(3) 10000 CHARITABLE CONTRIBUTIONS BRYANT UNIVERSITY WOMEN'S SUMMIT 1150 DOUGLAS PIKE BOX 40 SMITHFIELD RI 02917 501(C)(3) 6000 CHARITABLE CONTRIBUTIONS CHILDREN'S WISHES 2348 POST RD WARWICK RI 02886 501(C)(3) 7500 CHARITABLE CONTRIBUTIONS COLLEGE LEADERSHIP RI 1570 WESTMINSTER STREET PROVIDENCE RI 02909 501(C)(3) 7500 CHARITABLE CONTRIBUTIONS CUMBERLAND LAND TRUST 371 TUTTLE ROAD 2 CUMBERLAND ME 04021 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS DAY ONE 525 MAIN STREET SOUTH PORTLAND ME 04106 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS EVERFI FINANCIAL LITERACY 2300 N STREET NW SUITE 500 WASHINGTON DC DC 20037 501(C)(3) 25000 CHARITABLE CONTRIBUTIONS FIERCE FOR SHANNON FOUNDATION PO BOX 305 HARRISVILLE RI 02830 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS FIRST WORKS-FIRST WORKS ART LEARNING 275 WESTMINSTER ST 501 PROVIDENCE RI 02903 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS GLORIA GEMMA BREAST CANCER RESOURCE FOUNDATION 249 ROOSEVELT AVE STE 201 PAWTUCKET RI 02860 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS HASBRO CHILDREN'S HOPSITAL 593 EDDY ST PROVIDENCE RI 02903 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS HEARTHSIDE 757 GREAT ROAD LINCOLN RI 02865 501(C)(3) 5500 CHARITABLE CONTRIBUTIONS HOUSE OF HOPE CDC 3188 POST RD WARWICK RI 02886 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS IZZY FOUNDATION PO BOX 2326 PROVIDENCE RI 02906 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS KENT HOSPITAL AUXILIARY-GOLF TOURNAMENT 455 TOLL GATE RD WARWICK RI 02886 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS LEARFIELD IMG COLLEGE 2400 DALLAS PARKWAY SUITE 500 PLANO TX 75093 501(C)(3) 125000 CHARITABLE CONTRIBUTIONS LIGHT FOUNDATION 440 GREENVILLE NASHVILLE ROAD GREENVILLE OH 45331 501(C)(3) 7500 CHARITABLE CONTRIBUTIONS LITTLE SISTERS OF THE POOR 964 MAIN STREET PAWTUCKET RI 02860 501(C)(3) 15000 CHARITABLE CONTRIBUTIONS MERCYMOUNT 35 WRENTHAM RD CUMBERLAND RI 02684 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS MUSEUM OF WORK AND CULTURE 42 S MAIN ST WOONSOCKET RI 02895 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS NARRAGANSETT COUNCIL BSA 10 RISHO AVE EAST PROVIDENCE RI 02914 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS NOWELL LEADERSHIP ACADEMY 133 DELAINE ST PROVIDENCE RI 02909 501(C)(3) 7500 CHARITABLE CONTRIBUTIONS PACE ORGANIZATION OF RI 225 CHAPMAN STREET PROVIDENCE RI 02905 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS PAWT CF DEVELOPMENT 204 BROAD STREET PAWTUCKET RI 02860 501(C)(3) 10000 CHARITABLE CONTRIBUTIONS PAWTUCKET YMCA 20 SUMMER ST PAWTUCKET RI 02860 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS PBN BEST PLACES TO WORK 400 WESTMINSTER ST SUITE 600 PROVIDENCE RI 02903 7500 EVENT SPONSORSHIP PPAC 221 WEYBOSSET ST PROVIDENCE RI 02903 501(C)(3) 12500 CHARITABLE CONTRIBUTIONS PPAC-A BRONX TALE 220 WEYBOSSET ST PROVIDENCE RI 02903 501(C)(3) 25000 CHARITABLE CONTRIBUTIONS PROJECT GOAL INC 79 SAVOY ST EAST PROVIDENCE RI 02906 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS RI HISPANIC CHAMBER 1955 WESTMINISTERST 2ND FLOOR PROVIDENCE RI 02909 10000 CHARITABLE CONTRIBUTIONS RI SOCIETY OF CPAS 40 SHARPE DR 5 CRANSTON RI 02920 8000 ANNUAL SPONSORSHIP ROCK-N-JOCK CHARITIES P O BOX 17324 SMITHFIELD RI 02917 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS ROGER WILLIAMS PARK CAMPAIGN 1000 ELMWOOD AVENUE PROVIDENCE RI 02907 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS RONALD MCDONALD HOUSE 45 GAY ST PROVIDENCE RI 02905 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS ROSEMARY'S WISH KIDS -PROJECT PLAYHOUSE 161 FUREY AVE TIVERTON RI 02878 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS ROTARY CLUB OF PAWTUCKET-100 YR ANNIVERSARY PO BOX 1095 PAWTUCKET RI 02862 501(C)(3) 5100 CHARITABLE CONTRIBUTIONS RUMFORD LITTLE LEAGUE PO BOX 4953 RUMFORD RI 02916 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS RUNWAY FOR MOM 8205 LAPPING BROOK CT LAUREL MD 20723 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS SALVE REGINA UNIVERSITY 100 OCHRE POINT AVE NEWPORT RI 02840 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS SAVE THE BAY 50TH ANNIVERSARY CAMPAIGN 100 SAVE THE BAY DRIVE PROVIDENCE RI 02905 501(C)(3) 8500 CHARITABLE CONTRIBUTIONS SISTERS OF MERCY 15 HIGHLAND VIEW RD CUMBERLAND RI 02864 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS SOPHIA ACADEMY 582 ELMWOOD AVE PROVIDENCE RI 02907 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS SPECIAL OLYMPICS 370 GEORGE WASHINGTON HWY1 SMITHFIELD RI 02917 501(C)(3) 10000 CHARITABLE CONTRIBUTIONS THE GAMM THEATRE 1245 JEFFERSON BLVD WARWICK RI 02886 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS THE LEARNING COMMUNITY 21 LINCOLN AVE CENTAL FALLS RI 02863 501(C)(3) 6500 CHARITABLE CONTRIBUTIONS TOWN OF LINCOLN LIMEROCK FIRE DEPARTMENT 1085 GREAT ROAD LINCOLN RI 02865 501(C)(3) 5500 CHARITABLE CONTRIBUTIONS TOWN OF SMITHFIELD-ANNA MCCABE 100 PLEASANT VIEW AVE SMITHFIELD RI 02917 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS TRINITY REP PELL AWARDS SUPPORTER SPONSOR 201 WASHINGTON STREET PROVIDENCE RI 02903 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS YMCA OF GREATER PROVIDENCE 165 BROAD ROCK RD SOUTH KINGSTOWN RI 02879 501(C)(3) 5000 CHARITABLE CONTRIBUTIONS 57 3 X X 1 1 X X X X 0 1 0 GARY E FURTADO PRESIDENT/TREASURER 496500 0 124740 0 1519227 0 227465 0 5641 0 2373573 0 1512960 0 BRIAN A AZAR SVP/CLO 261250 0 56250 0 0 0 55692 0 14802 0 387994 0 0 0 H CHRIS DER VARTANIAN SVP/CRO 168125 0 34125 0 113195 0 40552 0 6881 0 362878 0 113195 0 KATHLEEN OROVITZ SVP-CRBO 211250 0 45000 0 0 0 50699 0 15991 0 322940 0 0 0 JASON M JOLIN EVP/CFO 218750 0 42000 0 0 0 45860 0 16354 0 322964 0 0 0 LISA G DANDENEAU EVP/COO 309050 0 73260 0 6499 0 77300 0 15859 0 481968 0 0 0 JONATHAN ROBERTS SVP - CIO 193750 0 36750 0 0 0 39058 0 16609 0 286167 0 0 0 ROSS SILVA AVP-BUS. DEV/REGIONAL LOAN OFFICIER 164901 0 10000 0 0 0 13992 0 16053 0 204946 0 0 0 DAVID DECUBELLIS VP - RESIDENTIAL MORTGAGE 138941 0 40000 0 0 0 12011 0 16057 0 207009 0 0 0 LEONARDA CONTI AVP - MORTGAGE LOAN OFFICER 190187 0 8000 0 0 0 13277 0 7451 0 218915 0 0 0 JEFFREY P CASCIONE VP-COMMERCIAL LENDING 173600 0 38000 0 1909 0 13063 0 14946 0 241518 0 0 0 FREDDIE C ALMEIDA AVP - MORTGAGE LOAN OFFICER 214650 0 8000 0 0 0 17812 0 15968 0 256430 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS THE CREDIT UNION DOES PERMIT SPOUSES TO TRAVEL WITH MEMBERS OF SENIOR MANAGEMENT FOR CERTAIN TRIPS. NO REIMBURSEMENT IS REQUIRED BY THE EMPLOYEE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE CREDIT UNION DOES MAINTAIN MEMBERSHIPS FOR THE CREDIT UNION'S OFFICERS AT LOCAL COUNTRY CLUBS. PART I, LINE 4B DURING 2019, SEVEN MEMBERS OF SENIOR MANAGEMENT PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ADMINISTERED BY ANGELL PENSION GROUP AND RELIANCE TRUST COMPANY. LISA G. DANDENEAU - $54,900 BRIAN AZAR - $37,500 KATHY OROVITZ - $30,375 JONATHAN ROBERTS - $26,188 H CHRIS DER VARTANIAN - $24,813 GARY FURTADO - $205,065 JASON JOLIN - $25,000 SCHEDULE J, PART II, COLUMN F: TWO EMPLOYEES RECEIVED DEFERRED COMPENSATION PAYOUT IN 2019. GARY E. FURTADO RECEIVED $1,512,960 AND H CHRIS DER VARTANIAN RECEIVED $113,195. THESE AMOUNTS ALSO REPORTED ON SCHEDULE J, COLUMN F. CIDALIA C ROCHA SPLIT DOLLAR LOAN X 441287 0 1 1 441287 JEFFREY P CASCIONE BROTHER OF LAW FIRM PARTNER LEGAL SERVICES 0 LOANS TO/FROM INTERESTED PERSONS THE CREDIT UNION GRANTS LOANS TO INTERESTED PERSONS (OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND THE FIVE HIGHEST COMPENSATED EMPLOYEES) ON THE SAME TERMS AND CONDITIONS AS OFFERED TO OTHER MEMBERS OF THE CREDIT UNION. ACCORDINGLY, THERE ARE NO REPORTABLE TRANSACTIONS. BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 NAVIGANT CREDIT UNION IS OWNED AND OPERATED BY ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP VOTE FOR THE GOVERNING BODY AND APPROVE ALL MAJOR ACTIONS OF THE GOVERNING BODY AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP VOTE FOR THE GOVERNING BODY AND APPROVE ALL MAJOR ACTIONS OF THE GOVERNING BODY AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND FORM 990-T ARE PREPARED BY THE CREDIT UNION'S EXTERNAL AUDIT FIRM, WOLF & COMPANY. THE FORMS ARE COMPLETED BASED UPON FINANCIAL DATA SUBJECT TO AUDIT BY WOLF & COMPANY AS WELL AS DETAIL INFORMATION PROVIDED BY THE CREDIT UNION. DETAILED REVIEWS OF FORM 990 AND 990-T ARE COMPLETED BY THE CREDIT UNION'S CFO TO INSURE THAT ALL INFORMATION PROVIDED IS ACCURATE AND THAT THE FINANCIAL INFORMATION AGREES TO THE AUDITED FINANCIAL STATEMENTS. A REPORT OF THE RESULTS OF THE ANNUAL FINANCIAL AUDIT CONDUCTED BY WOLF & COMPANY IS MADE BY THE SUPERVISORY COMMITTEE TO THE BOARD OF DIRECTORS. THE REPORT INCLUDES THE STATEMENT THAT THE FORMS 990 AND 990-T HAVE BEEN REVIEWED IN DETAIL BY THE CFO AND CEO OF THE CREDIT UNION PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION'S CORPORATE GOVERNANCE COMMITTEE MEETS PERIODICALLY DURING THE YEAR. THE MAIN FOCUS OF THE COMMITTEE IS THE CONDUCT OF BOARD AND COMMITTEE MEETINGS. TO THAT EXTENT, ANNUAL SELF ASSESSMENTS ARE PROVIDED FOR EACH MAJOR COMMITTEE AND THE BOARD OF DIRECTORS. COMMENTS SUGGESTING IMPROVEMENTS OR OTHER ISSUES RELATING TO THE OPERATION OF COMMITTEES ARE REVIEWED. STATEMENTS OF CHANGES THE COMMITTEE PLANS, IF ANY, TO ADDRESS OR REMEDIATE THE COMMENTS MADE ARE SOUGHT FROM THE RESPECTIVE COMMITTEES. FINDINGS OF THE COMMITTEE AND BOARD SELF ASSESSMENTS AND RESULTING CORRECTIVE ACTION TAKEN, IF NEEDED, ARE REPORTED ANNUALLY TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION HAS A COMPENSATION COMMITTEE MADE UP OF MEMBERS OF THE CREDIT UNION'S BOARD OF DIRECTORS. ANNUALLY, THE COMMITTEE MEETS TO REVIEW SALARY INFORMATION PROVIDED BY A NUMBER OF CREDIT UNION AND BANKING SOURCES. IN ADDITION, THE COMMITTEE CONDUCTS THE ANNUAL EVALUATION OF THE CEO. THE CEO'S EVALUATION IS DISCUSSED AMONGST BOARD MEMBERS IN EXECUTIVE SESSION. THE CEO CONDUCTS ANNUAL REVIEWS OF THE SENIOR MANAGEMENT STAFF. RESULTS OF THE PERFORMANCE EVALUATIONS ARE REPORTED TO THE COMPENSATION COMMITTEE. NO ACTION IS TAKEN BY THE COMPENSATION COMMITTEE RELATIVE TO THE SENIOR MANAGEMENT STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S BYLAWS ARE AVAILABLE UPON REQUEST OF ANY MEMBER OF THE CREDIT UNION. A COPY OF OUR BYLAWS IS ALSO MAINTAINED BY THE RI DEPARTMENT OF BUSINESS REGULATION AND WOULD BE AVAILABLE FOR INSPECTION FROM THE BANKING DIVISION IF REQUESTED. QUARTERLY, A STATEMENT OF CONDITION, CERTIFIED BY THE CREDIT UNION'S CFO AND SUPERVISORY COMMITTEE, IS MADE AVAILABLE WITHIN 45 DAYS FOLLOWING QUARTER END AS REQUIRED BY RI GENERAL LAW. THE STATEMENT OF CONDITION IS POSTED IN A CONSPICUOUS PLACE WITHIN EACH CREDIT UNION BRANCH AND THE CORPORATE OFFICE. WE CURRENTLY DO NOT MAKE OUR CODE OF BUSINESS CONDUCT AND ETHICS AVAILABLE TO MEMBERS. ALL OFFICERS AND DIRECTORS ARE PROVIDED A COPY AND REQUIRED TO ACKNOWLEDGE RECEIPT OF A COPY OF THE POLICY AND A REVIEW OF ITS PROVISIONS ANNUALLY. FORM 990, PART XI, LINE 9: FAS 158 PENSION LIABILITIES & POST RETIREMENT HEALTH BENEFITS -3,329,825. 2C THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR 2019. NCU WEALTH MANAGEMENT LLC 1005 DOUGLAS PIKE SMITHFIELD RI 02917 431968891 FINANCIAL SVC RI 0 0 NCU NAVIGANT CREDIT UNION CHARITABLE FOUNDATION 1005 DOUGLAS PIKE SMITHFIELD RI 02917 815171277 GRANT MAKING RI 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NAVIGANT CREDIT UNION CHARITABLE FOUNDATION B 1700000 FMV