2019-11-15T19:01:14-06:00 2018-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2018-01-01 910576399 IQ CREDIT UNION IQCR 3606953441 1313 MAIN STREET VANCOUVER WA 98660 DEWAYNE LEDBETTER CFO/SVP OF FINANCE 3606953441 2019-11-15 1 WENDY CAMPOS P00448102 5032421447 2019-11-15 12.129.4.210 2019-11-15 18:03:28 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CEB32098E0DA78823741A708D31426FEC07C0BDB 2018 2020-03-31 21:24:44Z KELLY SCHRADER 1313 MAIN STREET VANCOUVER WA 98660 111356377 0 X WWW.IQCU.COM X 1940 WA TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 11 11 378 27 1319861 315704 0 0 49316366 59078085 2744032 2060202 -91062 271601 51969336 61409888 101191 85100 0 0 18378528 20060214 0 0 0 21750337 24539579 40230056 44684893 11739280 16724995 978757522 1105731125 887587832 998146240 91169690 107584885 TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 0 0 PROVIDE FINANCIAL SERVICES TO 80,878 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/ UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 17412 0 1 378 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X DEWAYNE LEDBETTER 3607593018 1313 MAIN STREET VANCOUVER WA 98660 DR JAMES SORK BOARD CHAIRMAN 5.00 X X 20000 0 0 JIM CHURCH BOARD VICE CHAIRMAN 4.00 X X 17000 0 0 SHARON EASTMAN BOARD SECRETARY 4.00 X X 17000 0 0 DOUG LEHRMAN BOARD TREASURER 4.00 X X 17000 0 0 JIM ASKEY BOARD MEMBER 2.50 X 14000 0 0 JIL CLICK BOARD MEMBER 2.50 X 14000 0 0 JOAN DURGIN BOARD MEMBER 2.50 X 14000 0 0 EVIE GRENDAHL BOARD MEMBER 2.50 X 14000 0 0 DON KITTERMAN BOARD MEMBER 2.50 X 14000 0 0 JOSEPH NUTTING BOARD MEMBER 2.50 X 14000 0 0 STEVE PORTER BOARD MEMBER 2.50 X 14000 0 0 DEWAYNE LEDBETTER SVP/CHIEF FINANCIAL OFFICE 48.00 X 316666 0 39572 KELLY SCHRADER CEO & PRESIDENT 48.00 X 573606 0 291220 DANETTE LACHAPELLE SVP OF COMMUNICATION 48.00 X 363007 0 30697 ERIC PETRACCA CHIEF OPERATIONS OFFICER 48.00 X 238160 0 31366 KARI STANSBERRY SVP OF HUMAN RESOURCES 48.00 X 187204 0 36115 GAYLE GUSTAFSON SENIOR VP LENDING/CLO 48.00 X 180424 0 12295 ED FRANKS VP OF BUSINESS SERVICES 45.00 X 149520 0 7553 DENIS MARSH VP OF INSURANCE SERVICES 45.00 X 186717 0 20192 CHRISTOPHER O'MALLEY SVP/CIO 48.00 X 285495 0 8897 DIANNE SMITH VP OF MORTGAGE 45.00 X 151453 0 15677 RYAN GREENWOOD INVESTMENT & RETIREMENT FINANCIAL ADVISOR 45.00 X 147012 0 6714 2948264 0 500298 11 0 1 0 FISERV INC PO BOX 99924 GRAPEVINE TX 760999724 ONLINE BANKING 811617 PSCU INCORPORATED 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CARD SERVICES 678389 MERIDIAN LINK INC 1600 SUNFLOWER AVE STE 200 COSTA MESA CA 900846822 LOAN PROCESSING FEES 457842 COMCAST PO BOX 37601 PHILADELPHIA PA 191010601 ISP CABLE 269511 INFO IMAGE 141 JEFFERSON DR MENLO PARK CA 94025 TAX/STATEMENT PROCESSOR 248424 19 LOAN INTEREST 522100 40682819 40682819 OTHER OPERATING INCOME 522100 12216926 11446347 770579 FEES AND CHARGES 522100 6163245 5627898 535347 PASSTHROUGH INCOME 522100 15095 1160 13935 59078085 2060416 2060416 49946275 49938507 7982 7768 -7982 -214 -214 OTHER INCOME/LOSS 522100 271601 271601 271601 61409888 58029825 1319861 2060202 75100 10000 2469333 14289249 884117 1205872 1211643 87069 191695 1210407 1426575 1385604 1461338 179239 22300 2248620 2790766 143980 LOAN LOSS PROVISION 4371499 LOAN SERVICING 4203269 ATM EXPENSES 1841548 TAXES ON UBIT 193789 2781881 44684893 10091767 7846528 40445630 186946492 801659968 828662459 19476109 15055880 49136788 22423962 26553013 26712826 54603981 13975654 4106000 4338313 420436 140836 21400618 22052137 978757522 1105731125 11314471 13809827 876273361 984336413 887587832 998146240 X 0 0 0 0 91169690 107584885 91169690 107584885 978757522 1105731125 X 16724995 -307341 -2459 X 0 0 0 0 0 4657189 4657189 20277297 5499237 14778060 10473140 7290586 3182554 11568188 8018435 3549753 2160974 1615704 545270 26712826 SHARES/DEPOSITS 984336413 984336413 1 WHY RACING EVENTS INC 2310 E 2ND STREET SUITE A VANCOUVER WA 98661 603458218 501(C)(3) 18000 SPONSORSHIP OF LOCAL RUNNING EVENTS NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 600250504 501(C)(3) 10000 SPONSORSHIP OF CREDIT UNION AUCTION KGW 2310 E 2ND ST STE A PASADENA CA 91189 463222929 15000 SPONSORSHIP OF ANNUAL SHAMROCK RUN CHILDREN'S MIRACLE NETWORK HOSPITALS 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870388205 501(C)(3) 15000 SPONSORSHIP OF ANNUAL NW GOLF CLASSIC PARKS FOUNDATION OF CLARK COUNTY PO BOX 61424 VANCOUVER WA 98666 911986747 501(C)(3) 9600 SPONSORSHIP OF ANNUAL GOLF TOURNAMENT, LUNCHEON AND BOOVILLE EVENT AMERICAN RED CROSS 3131 N VANCOUVER AVE PORTLAND OR 97227 910565535 501(C)(3) 7500 SPONSORSHIP OF ANNUAL HEROES BREAKFAST 5 1 SCHOLARSHIPS 5 10000 PART I, LINE 2: SCHOLARSHIP APPLICANTS SUBMIT AN APPLICATION, AND RECIPIENTS ARE DETERMINED BY A NUMBER OF FACTORS INCLUDING ESSAYS, GRADES AND LETTERS OF RECOMMENDATION, WHICH ARE ALL SCORED. THE HIGHEST-RATED INDIVIDUALS ARE AWARDED SCHOLARSHIPS. X 1 1 X X X 1 1 0 DEWAYNE LEDBETTER SVP/CHIEF FINANCIAL OFFICE 287739 0 28927 0 0 0 37992 0 1580 0 356238 0 69819 0 KELLY SCHRADER CEO & PRESIDENT 517583 0 56023 0 0 0 290125 0 1095 0 864826 0 0 0 DANETTE LACHAPELLE SVP OF COMMUNICATION 342261 0 20746 0 0 0 28570 0 2127 0 393704 0 49633 0 ERIC PETRACCA CHIEF OPERATIONS OFFICER 214888 0 23272 0 0 0 31366 0 0 0 269526 0 37643 0 KARI STANSBERRY SVP OF HUMAN RESOURCES 155441 0 31763 0 0 0 28041 0 8074 0 223319 0 0 0 GAYLE GUSTAFSON SENIOR VP LENDING/CLO 166555 0 13869 0 0 0 6176 0 6119 0 192719 0 0 0 ED FRANKS VP OF BUSINESS SERVICES 142365 0 7155 0 0 0 5265 0 2288 0 157073 0 0 0 DENIS MARSH VP OF INSURANCE SERVICES 143007 0 43710 0 0 0 6586 0 13606 0 206909 0 0 0 CHRISTOPHER O'MALLEY SVP/CIO 263267 0 22228 0 0 0 8057 0 840 0 294392 0 56393 0 DIANNE SMITH VP OF MORTGAGE 144125 0 7328 0 0 0 5634 0 10043 0 167130 0 0 0 RYAN GREENWOOD INVESTMENT & RETIREMENT FINANCIAL AD 58665 0 88347 0 0 0 5192 0 1522 0 153726 0 0 0 PART I, LINE 1A THESE BENEFITS ARE PROVIDED TO THE CEO AS PART OF THE EMPLOYMENT AGREEMENT. THE DISCRETIONARY SPENDING ACCOUNT IS INCLUDED IN THE CEO'S TAXABLE COMPENSATION. CEO ALSO IS PROVIDED COMPANY-OWNED AUTO FOR BUSINESS AND PERSONAL USE. PART I, LINES 4A-B SOME MEMBERS OF EXECUTIVE MANAGEMENT PARTICIPATED IN A 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS AND EACH MEMBER CAN VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AND REGULATORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CONFLICT OF INTEREST POLICY, AND EMPLOYEES AND BOARD MEMBERS ANNUALLY ACKNOWLEDGE THEY COMPLY WITH ALL CREDIT UNION POLICIES. THE CONFLICT OF INTEREST POLICY OUTLINES STEPS TAKEN BY OFFICIALS WHEN A CONFLICT ARISES, WHICH INCLUDE THE CONFLICTED PARTY ABSTAINING FROM A RELATED VOTING ITEM. EMPLOYEES ARE NOT ALLOWED TO RECEIVE A PERSONAL BENEFIT FROM ANY TRANSACTION WITH A VENDOR, CUSTOMER OR SUPPLIER DOING BUSINESS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A CEO SALARY IS DETERMINED AFTER REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, WHICH IS INDEPENDENT OF THE CEO. THE COMMITTEE'S REVIEW INCLUDES SALARY DATA FROM AT LEAST TWO SALARY SURVEYS. MINUTES ARE KEPT TO DOCUMENT THE DISCUSSION AND FINAL DECISION. THIS PROCESS WAS LAST UNDERTAKEN JANUARY 2018. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME/EQUITY TRUE-UP 12,636. PARTNERSHIP PASSTHROUGH BOOK/TAX DIFFERENCE -15,095. IQ FOR KIDS PO BOX 1739 VANCOUVER WA 98668 203988310 FUNDRAISING TO SUPPORT CHILDREN'S CHARITIES WA 501(C)(3) 509(A)(1) IQ CREDIT UNION 1 CLARK FINANCIAL SERVICES INC PO BOX 1846 VANCOUVER WA 98668 911253818 SERVICE ORG PROVIDING INSURANCE PRODUCTS TO CREDIT UNION MEMBERS WA IQ CREDIT UNION C 259450 1172724 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 CLARK FINANCIAL SERVICES INC A 21180 FAIR MARKET VALUE CLARK FINANCIAL SERVICES INC Q 1067689 FAIR MARKET VALUE CLARK FINANCIAL SERVICES INC D 500000 LOAN GUARANTEE/NO BALANCE