2018-11-09T18:37:24-06:00 2017-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2017-01-01 911792217 HAPO COMMUNITY CREDIT UNION HAPO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 SCOTT MITCHELL CFO 5099435676 2018-11-09 1 EMINA O CRESSWELL CPA P01217304 5097472600 2018-11-09 12.129.7.100 2018-11-09 17:50:47 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C07EA3D2EFE7589B691C7C6F5A7C1991A329BAB3 2017 2019-02-21 02:37:17Z STEVE ANDERSON 601 WILLIAMS BLVD RICHLAND WA 99354 89064457 0 X WWW.HAPO.ORG X 1953 WA HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH SUPERIOR INTEREST RETURN AND LOW INTEREST RATE LOANS TO ITS MEMBERS, WITHOUT CAPITAL STOCK, ORGANIZED AND OPERATED FOR MUTUAL PURPOSES AND WITHOUT PROFIT. NET EARNINGS ARE RETAINED IN ACCORDANCE WITH THE REGULATORY REQUIREMENTS OF THE NCUA AND STATE LAW. 7 7 456 3 220456 27180 0 0 80679378 87136169 -208574 877289 855397 828181 81326201 88841639 634933 768053 0 0 27811329 30762407 0 0 0 43114086 48386994 71560348 79917454 9765853 8924185 1483857542 1592912078 1369094430 1469799134 114763112 123112944 X HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH SUPERIOR INTEREST RETURN AND LOW INTEREST RATE LOANS TO ITS MEMBERS, WITHOUT CAPITAL STOCK, ORGANIZED AND OPERATED FOR MUTUAL PURPOSES AND WITHOUT PROFIT. NET EARNINGS ARE RETAINED IN ACCORDANCE WITH THE REGULATORY REQUIREMENTS OF THE NCUA AND STATE LAW. 0 0 HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH SUPERIOR INTEREST RETURN AND LOW INTEREST RATE LOANS TO OVER 140,000 MEMBERS, WITHOUT CAPITAL STOCK, AND IS ORGANIZED AND OPERATED FOR MUTUAL PURPOSES, CONSISTENT WITH THE PHILOSOPHY OF THE CREDIT UNION MOVEMENT AND THE REGULATORY REQUIREMENTS OF THE NCUA AND STATE LAW. THE NET INCREASE IN RETAINED EARNINGS FROM PROGRAM SERVICES PROVIDES FOR THE SAFETY AND SOUNDNESS OF THE CREDIT UNION IN ACCORDANCE WITH THE REGULATORY REQUIREMENTS OF THE NCUA AND STATE LAW. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26775 0 1 456 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 1 1 0 0 X SCOTT MITCHELL CFO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 WILLIAM TANNER DIRECTOR/BOARD CHAIR 5.00 X X 21460 0 0 KEN HOHENBERG DIRECTOR/BOARD VICE CHAIR 3.00 X X 31631 0 0 KENNETH BAYS DIRECTOR/BOARD SECRETARY 3.00 X X 33964 0 0 WILLIAM TYLER DIRECTOR THROUGH 12/17 2.00 X 19524 0 0 KEN GALE DIRECTOR 3.00 X 17462 0 0 WILLIAM CLARKE DIRECTOR 2.00 X 16462 0 0 RICHARD CUMMINS DIRECTOR 2.00 X 15000 0 0 WILLIAM SARACENO DIRECTOR 3.00 X 1800 0 0 STEVE ANDERSON PRESIDENT/CEO 40.00 X 850129 0 384366 JOHN SCHNELLBACH SR VP/CFO 40.00 X 545949 0 383811 SCOTT MITCHELL SR VP/CRO 40.00 X 412098 0 260456 CAROLYN O'NIEL SR VP/CDO 40.00 X 386030 0 276749 DOLORES BROESKE SR VP/COO 40.00 X 376971 0 141536 RUBY CAMPOS SR VP/STRATEGIES & BRAND MGMT 40.00 X 376848 0 62849 CHARLIE MARCH VP 40.00 X 249287 0 82017 PAUL PEDERSEN VP 40.00 X 204386 0 91298 MARCUS HALL VP 40.00 X 166606 0 60125 DON FRIGAARD VP 40.00 X 134061 0 71619 NOEMI CORREA VP 40.00 X 143813 0 61079 MONTE DRAKE VP 40.00 X 216125 0 94151 MIKE WALKER VP 40.00 X 130625 0 52049 NIVIE SIZEMORE DIRECTOR OF ACCOUNTING 40.00 X 132696 0 41549 DAVID SCHULZ FORMER CEO 0.00 X 1469189 0 12585 5952116 0 2076239 23 1 1 0 FIS PO BOX 4535 CAROL STREAM IL 60197 BILL PAYMENT SYSTEM SERVICES 774340 CORWIN FORD 201 S 40TH STREET FARGO ND 58103 AUTO LOAN REFERRALS 727603 CHARTER COMMUNICATIONS PO BOX 790086 ST LOUIS MO 631790086 INTERNET SERVICES 619436 DICK HANNAH CHRYSLER PO BOX 1679 VANCOUVER WA 98668 AUTO LOAN REFERRALS 483127 FISERV PO BOX 99924 GRAPEVINE TX 76099 SOFTWARE/HARDWARE SUPPORT 418949 39 MEMBER LOAN INTEREST 522100 64423932 64423932 MEMBER FEES & CHARGES 522100 12429304 12429304 DEBIT/CREDIT/ATM INTERCHANGE 522100 10282933 10282933 87136169 976039 976039 97341 97341 631977 121593 510384 510384 510384 1250 100000 -98750 -98750 -98750 1176 1225 -49 -49 NON-MEMBER ATM FEES 522100 177982 177982 MBP SALES TO MEMBERS 524298 41892 41892 MEMBER INSURANCE SALES 524298 631 631 220505 88841639 87136169 220456 1485014 768053 5451744 18514347 2064526 3029359 1702431 101654 146650 1900004 743567 3018311 2495807 1782441 429328 576779 9193133 4730184 309051 INCOME TAXES 15000 PROVISION FOR LOAN LOSS 7501269 FASB 91 LOAN ORIGINATIO 6448518 DEBIT CARD & ATM COSTS 3764582 5230716 79917454 12175225 13148729 72363109 54791455 8732036 8944963 1289362922 1407378205 13090089 15006627 99239870 33490309 61333409 65749561 79708 56533 6355149 7388791 20365895 20447214 1483857542 1592912078 26090977 32389355 1853576 1802897 35000000 45000000 1306149877 1390606882 1369094430 1469799134 X 0 0 0 0 114763112 123112944 114763112 123112944 1483857542 1592912078 X 8924185 986 -575339 X 0 0 0 500 500 500 1 COMMITTEE TO ELECT KEN LATTIN 4100 JENNY LAKE CT WEST RICHLAND WA 99353 821517710 500 0 PART I-A AND PART I-C: HAPO CONTRIBUTED $500 TO SPONSOR A GOLF HOLE AT A GOLF TOURNAMENT SPONSORED BY AND FOR THE COMMITTEE TO ELECT KEN LATTIN WHO WAS A CANDIDATE FOR THE OFFICE OF SHERIFF OF BENTON COUNTY, WA. 0 1 X 12150578 12150578 61976843 15548671 46428172 25112449 17941638 7170811 65749561 MEMBER DEPOSITS 1390606882 1390606882 PART IV, LINE 2B: HAPO MAKES FIRST MORTGAGE HOME LOANS TO ITS MEMBERS AND PROVIDES ESCROW SERVICES FOR THE COLLECTION AND PAYMENT OF HOMEOWNER INSURANCE AND RESIDENTIAL REAL ESTATE TAXES RELATED TO THOSE HOME LOANS. 1 TRI-CITIES WATER FOLLIES ASSOCIATION 621 N GUM ST KENNEWICK WA 99336 916060434 501(C)(4) 310000 BOAT RACE SPONSOR TRI-CITIES CANCER CENTER FOUNDATION 7350 W DESCHUTES KENNEWICK WA 99336 911739024 501(C)(3) 123769 882 FMV BOTTLED WATER FOR EVENT ANNUAL FOUNDATION PLEDGES CITY OF RICHLAND PO BOX 190 RICHLAND WA 99352 916015119 CITY OF RICHLAND 63000 14099 FMV CHRISTMAS LIGHTS FOR STAGE AND OTHER EVENT ITEMS JOHN DAM PLAZA PARK STAGE & 4TH OF JULY SPONSOR TRI-CITY REG CHAMBER OF COMMERCE 7130 W GRANDRIDGE BLVD KENNEWICK WA 99336 204120487 501(C)(6) 60000 COOL DESERT NIGHTS & 4TH OF JULY SPONSOR KADLEC FOUNDATION 888 SWIFT BLVD RICHLAND WA 99352 237005501 501(C)(3) 27000 GOLF FUND RAISER EVENT SPONSOR RADIO TRI-CITIES 4304 W 24TH AVE KENNEWICK WA 99336 453627805 20000 2592 FMV FREE ICE CREAM FOR EVENTS LIVE@5 CONCERT SERIES CITY OF KENNEWICK POLICE DEPT PO BOX 6108 KENNEWICK WA 99336 911274433 501(C)(4) 14500 EVENTS SPONSOR PLEDGE CBC FOUNDATION 2600 N 20TH AVE PASCO WA 99301 911307538 501(C)(3) 13000 FUND RAISING PLEDGES WSU FOUNDATION PO BOX 641927 PULLMAN WA 99164 911075542 501(C)(3) 10000 ANNUAL FOUNDATION PLEDGE FIRST STORY 963 SW SIMPSON AVE BEND OR 97702 911755886 501(C)(3) 10000 GENERAL PLEDGES WISHING STAR FOUNDATION 139 S SHERMAN SPOKANE WA 99202 943163746 501(C)(3) 8000 FUNDRAISING PLEDGES NORTHWEST CREDIT UNION FOUNDATION 18000 INTERNAIONAL BLVD SEATAC WA 98188 911649328 501(C)(3) 7525 EVENT SPONSOR YAKIMA 4TH OF JULY COMMITTEE PO BOX 856 YAKIMA WA 98902 911514194 501(C)(3) 7500 4TH OF JULY CELEBRATION YAKIMA VALLEY SPORTS COMMISSION 10 N 8TH STREET YAKIMA WA 98901 910788723 501(C)(6) 7350 SPORTS EVENT SPONSOR HOME BUILDERS ASSOC OF TRI-CITIES 10001 W CLEARWATER AVE KENNEWICK WA 99336 910742052 501(C)(6) 5000 540 FMV EVENT TICKETS PARADE OF HOMES SPONSOR CITY OF PASCO GENERAL FUND PO BOX 293 PASCO WA 99301 916001264 501(C)(3) 5000 4TH OF JULY CELEBRATION GREENPATH DEBT SOLUTIONS PO BOX 777442 7442 SOLUTION CENTER CHICAGO IL 60677 386142925 501(C)(3) 6435 FMV VARIOUS EDUCATIONAL MATERIALS ONGING ORG SUPPORT 11 6 PART I, LINE 2: HAPO'S CEO AND DIRECTOR OF MARKETING REVIEW VARIOUS SPONSORSHIP AND CHARITABLE ORGANIZATIONS IN THE COMMUNITIES WE SERVE FOR CONSIDERATION. THE CREDIT UNION SEEKS TO INVEST IN THE COMMUNITIES WE SERVE. HAPO SELECTS GRANTEE ORGANIZATIONS AND FUNCTIONS THAT BENEFIT THE COMMUNITIES IN WHICH OUR MEMBERS AND THEIR FAMILIES LIVE AND WORK. SPONSORING AND CONTRIBUTING TO ORGANIZATIONS WITHIN OUR SERVICE AREA HELPS FACILITATE THE MONITORING OF THE FUNDS WE INVEST. X X X 1 0 X X X X 1 1 0 STEVE ANDERSON PRESIDENT/CEO 587154 0 234221 0 28754 0 366011 0 18355 0 1234495 0 0 0 JOHN SCHNELLBACH SR VP/CFO 410286 0 112719 0 22944 0 373000 0 10811 0 929760 0 0 0 SCOTT MITCHELL SR VP/CRO 307645 0 84521 0 19932 0 237828 0 22628 0 672554 0 0 0 CAROLYN O'NIEL SR VP/CDO 282055 0 81490 0 22485 0 258100 0 18649 0 662779 0 0 0 DOLORES BROESKE SR VP/COO 280144 0 76965 0 19862 0 118265 0 23271 0 518507 0 0 0 RUBY CAMPOS SR VP/STRATEGIES & BRAND MGMT 280144 0 76965 0 19739 0 40152 0 22697 0 439697 0 0 0 CHARLIE MARCH VP 247658 0 0 0 1629 0 58627 0 23390 0 331304 0 0 0 PAUL PEDERSEN VP 184797 0 0 0 19589 0 67650 0 23648 0 295684 0 0 0 MARCUS HALL VP 165105 0 0 0 1501 0 37330 0 22795 0 226731 0 0 0 DON FRIGAARD VP 132084 0 0 0 1977 0 48801 0 22818 0 205680 0 0 0 NOEMI CORREA VP 142683 0 0 0 1130 0 39242 0 21837 0 204892 0 0 0 MONTE DRAKE VP 178354 0 35000 0 2771 0 75791 0 18360 0 310276 0 0 0 MIKE WALKER VP 127396 0 0 0 3229 0 38545 0 13504 0 182674 0 0 0 NIVIE SIZEMORE DIRECTOR OF ACCOUNTING 129347 0 2597 0 752 0 27784 0 13765 0 174245 0 0 0 DAVID SCHULZ FORMER CEO 0 0 0 0 1469189 0 0 0 12585 0 1481774 0 0 0 PART I, LINE 1A PURSUANT TO HAPO'S POLICIES, FIRST-CLASS TRAVEL IS PROVIDED FOR SPOUSES OR SIGNIFICANT OTHERS OF DIRECTORS AND EXECUTIVE MANAGEMENT WHILE ON CREDIT UNION RELATED TRAVEL. HEALTH CLUB DUES ARE PROVIDED TO EMPLOYEE OFFICERS OF THE CREDIT UNION AND SUCH PAYMENTS ARE INCLUDED IN COMPENSATION. PART I, LINE 1B PAYMENT FOR ANY AND ALL REIMBURSABLE EXPENSES MUST HAVE SUFFICIENT SUPPORTING DOCUMENTATION OR EXPLANATION. PART I, LINES 4A-B PART I, LINE 4A: FORMER CEO: RECEIVED SEVERANCE PAYMENT OF $1,402,550. PART I, LINE 4B: CURRENT CEO: $250,000 ACCRUAL OF 457(F) PLAN. SR VP/CFO: $250,000 ACCRUAL OF 457(F) PLAN. SR VP/CRO: $195,125 ACCRUAL OF 457(F) PLAN. SR VP/CDO: $250,000 ACCRUAL OF 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 HAPO IS A FEDERALLY INSURED CREDIT UNION, CHARTERED IN THE STATE OF WASHINGTON. THE CREDIT UNION FOLLOWS THE MEMBERSHIP AND GOVERNANCE RULES OF THE WASHINGTON STATE CREDIT UNION ACT AND THE RULES AND REGULATIONS OF THE NCUA, ACCORDINGLY. FORM 990, PART VI, SECTION A, LINE 7A HAPO IS A FEDERALLY INSURED CREDIT UNION, CHARTERED IN THE STATE OF WASHINGTON. THE CREDIT UNION FOLLOWS THE MEMBERSHIP AND GOVERNANCE RULES OF THE WASHINGTON STATE CREDIT UNION ACT AND THE RULES AND REGULATIONS OF THE NCUA, ACCORDINGLY. THOSE LAWS AND REGULATIONS ALLOW FOR THE MEMBERSHIP OF THE CREDIT UNION TO ELECT THE BOARD MEMBERS FROM THE MEMBERSHIP THROUGH A NOMINATING COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B HAPO IS A FEDERALLY INSURED CREDIT UNION, CHARTERED IN THE STATE OF WASHINGTON. THE CREDIT UNION FOLLOWS THE MEMBERSHIP AND GOVERNANCE RULES OF THE WASHINGTON STATE CREDIT UNION ACT AND THE RULES AND REGULATIONS OF THE NCUA, ACCORDINGLY. THOSE LAWS AND REGULATIONS ALLOW FOR THE MEMBERSHIP OF THE CREDIT UNION TO ELECT THE BOARD MEMBERS FROM THE MEMBERSHIP THROUGH A NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE CREDIT UNION'S CFO. FORM 990 IS THEN REVIEWED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS EMPLOYS THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT WHO USES A VARIETY OF METHODS INCLUDING COMPENSATION SURVEYS OF SIMILAR POSITIONS. THE COMPENSATION OF OTHER KEY EMPLOYEES IS SET BY THE CREDIT UNION'S CEO WHO USES A VARIETY OF METHODS INCLUDING COMPENSATION SURVEYS OF SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH THE WASHINGTON STATE CREDIT UNION ACT AND THE RULES AND REGULATIONS OF THE NCUA. FORM 990, PART XI, LINE 9: FASB 158 OTHER POST-RETIREMENT BENEFIT INCOME 183,707. FASB 158 DB PENSION COMPREHENSIVE LOSS -759,046.