2018-11-09T18:20:05-07:00 2017-12-31 990 2017-01-01 930465543 MARION AND POLK SCHOOLS CREDIT UNION MARI 5035880181 PO BOX 12398 SALEM OR 97309 Scott Turner VP of Accounting 5035880181 2018-11-13 50.237.77.170 2017 2019-02-21 02:37:17Z Mark Zook PO Box 12398 Salem OR 97309 37574462 0 X WWW.MAPSCU.COM X NON-PROFIT 1935 OR Create and maintain long-term, mutually beneficial relationships with our members and our employees 7 7 289 12 311152 -144328 0 0 28396816 34609780 1255437 1990720 574910 991020 30227163 37591520 74931 82719 0 0 11408440 13654795 0 0 0 13369820 14987307 24853191 28724821 5373972 8866699 613182408 691103235 564377397 633527090 48805011 57576145 Create and maintain long-term, mutually beneficial relationships with our members and our employees 0 0 28724821 37591520 COOPERATIVE BASED FINANCIAL INSTITUTION, PROMOTES THRIFT AND AFFORDABLE FINANCIAL SERVICES. 0 0 0 28724821 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 14797 0 1 289 1 1 1 0 0 0 0 0 X 7 7 1 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X Scott Turner 5035880181 451 Division Str NE Salem OR 97301 Joe Phillippay Chairman 0 0 X 0 0 0 Phil Frey Board Member 0 0 X 0 0 0 Gordon Sawser Board Member 0 0 X 0 0 0 Judy Beebe Board Member 0 0 X 0 0 0 Brant Wolf Board Member 0 0 X 0 0 0 Jeff Antrican Board Member 0 0 X 0 0 0 Tom Marks Board Member 0 0 X 0 0 0 Mark Zook President/CEO 50 0 X 363416 0 27450 Rachel Pross Chief Risk Officer 50 0 X 143472 0 0 Shane Saunders Chief Experience Officer 50 0 X 138479 0 4394 Patricia Walker Chief Lending Officer 50 0 X 126595 0 8211 Christopher Federici SVP Portfolio Banking 50 0 X 159124 0 6195 Charles Daiker SVP Information Technology 50 0 X 143795 0 2353 Toni Silbernagel SVP Lending 50 0 X 139512 0 3753 David Halter VP Mortgage Lending 50 0 X 138784 0 5692 Barbara Koontz Investment Representative 50 0 X 138306 0 5198 Christopher Giles VP Payments 50 0 X 123786 0 0 1615269 0 63246 19 0 1 0 FISERV PO Box 99924 Grapevine TX 76033 Software Provider 1121363 CD Redding 2837 22nd St SE Salem OR 97302 Construction 676931 Cook Security 5841 SE International Way Milwaukie OR 97222 Security Provider 383850 CDW Direct LLC PO Box 75723 Chicago IL 60675 Computer Hardward and Equipment 220458 Brinks PO Box 101031 Atlanta GA 30392 Armored Car Services, Money Processing 193657 17 0 Interest and Fee Income 522130 34491868 34180716 311152 0 Membership Dues 522130 117912 117912 0 0 0 0 0 0 34609780 1956662 1956662 0 0 0 0 0 0 0 0 0 0 210191 0 0 0 210191 0 210191 210191 0 0 0 17000 -161853 144795 161853 -127795 34058 34058 0 0 Commissions 522130 780829 780829 0 0 0 0 0 0 780829 37591520 37280368 311152 0 82719 0 0 0 977337 0 9687903 651818 1248017 1089720 0 14276 848931 0 0 0 728753 328552 1480053 1057250 0 2008113 186957 0 28435 565225 0 1004362 293451 ATM Network Services 2220307 Provision for Loan Loss 1997788 Loan and Lease Expenses 1263530 Bill Payer Services 692733 268591 28724821 0 0 0 58658378 71712044 0 0 0 0 2129572 510563 1529488 1617503 0 0 468705862 539886212 730400 1451193 1060053 1091203 33328503 11133339 22172988 22195164 36071760 28074362 11379154 14385156 0 0 0 0 10744753 10179835 613182408 691103235 10675066 12068760 0 0 0 0 0 0 0 0 0 0 0 0 0 0 553702331 621458330 564377397 633527090 X 0 0 0 0 48805011 57576145 48805011 57576145 613182408 691103235 8866699 -95565 0 0 0 0 X 1 X 1 X 1 0 0 4502817 4502817 0 13621846 1168526 12453320 0 5676032 2156138 3519894 0 9527808 7808675 1719133 0 0 0 0 22195164 0 Member Deposits and Share Accounts 621458330 621458330 X 37591520 0 0 0 0 0 37591520 0 0 0 37591520 28724821 0 0 0 0 0 28724821 0 0 0 28724821 Schedule D, Part X, Line 2 Beginning in March 2008, the Internal Revenue Service (IRS) released Technical Advice Memorandums (TAMs) to specific state-chartered credit unions specifying the revenue sources subject to unrelated business income tax (UBIT). UBI may also be subject to tax in certain states. Management has assessed the Credit Union's activities and any potential federal or state income tax liability and determined that the Credit Union has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Additionally, no interest and penalties have been recorded in the accompanying financial statements related to uncertain tax positions. Currently, the 2016, 2014, and 2013 federal income tax returns are open for examination by the IRS. The filing years open for examination by the state, if applicable, may be equal to, greater than or less than the years open for examination by the IRS. 1 Maps Community Foundation PO Box 12398 Salem OR 97309 450705509 501 (c)(3) 82719 0 FMV/Cash Paid Each time Credit Union members use the Free Community Checking debit card, Maps donates a penny to Maps Community Foundation for college scholarships, teacher grants, and other community causes. 1 0 Schedule I, Part I, Line 2 Each time Credit Union members use the Free Community Checking debit card, Maps donates a penny to Maps Community Foundation for college scholarships, teacher grants, and other community causes. X X X 0 1 0 Mark Zook President/CEO 318063 0 35005 0 10348 0 27450 0 0 0 390866 0 0 0 Christopher Federici SVP Portfolio Banking 131078 0 28046 0 0 0 6195 0 0 0 165319 0 0 0 Schedule J, Part I, Line 4 The Credit Union operates 457(f) accounts for several executives and key employees. Charles Daiker SVP Information Technology Auto X 70126 66573 0 1 1 Charles Daiker SVP Information Technology Mastercard X 20000 16462 0 1 1 Christopher Federici SVP Portfolio Banking Auto X 10000 6329 0 1 1 Christopher Giles VP Payments Mastercard X 18000 16441 0 1 1 David Halter VP Mortgage Mortgage X 238200 220347 0 1 1 Mark Zook President/CEO Home Equity X 100000 78287 0 1 1 Mark Zook President/CEO Home Equity X 100000 95528 0 1 1 Mark Zook President/CEO Home Equity X 120276 54505 0 1 1 Mark Zook President/CEO Mortgage X 595000 565000 0 1 1 Mark Zook President/CEO Mastercard X 17500 6455 0 1 1 Patricia Walker Chief Lending Officer Home Equity X 50000 24602 0 1 1 Patricia Walker Chief Lending Officer Mastercard X 25000 894 0 1 1 Shane Saunders Chief Experience Officer Mortgage X 337500 322243 0 1 1 Toni Silbernagel SVP Lending Line of credit X 9023 3334 0 1 1 Toni Silbernagel SVP Lending Home Equity X 100000 31309 0 1 1 Toni Silbernagel SVP Lending Mastercard X 20000 6753 0 1 1 Joe Phillippay Board Chairman Mastercard X 30000 3288 0 1 1 Judy Beebe Board Member Mastercard X 9750 8583 0 1 1 Phil Frey Board Member Manufactured Home X 96994 90570 0 1 1 1617503 Form 990, Part VI, Section A, Line 2 Tom Marks, Board member, and Mark Zook, CEO, along with others are partial owners of a piece of property. Form 990, Part VI, Section A, Line 6 The Credit Union has members. Form 990, Part VI, Section A, Line 7a The Board of Directors are elected by Credit Union members. Form 990, Part VI, Section A, Line 7b Mergers and removal of directors require member approval. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the VP of Accounting and VP of Finance. Form 990, Part VI, Section B, Line 12c Annual review of interests and involvements. Form 990, Part VI, Section B, Line 15 Annual compensation reviews are completed. Board compensation committee reviews CEO compensation. Third-party compensation study completed on all positions. Form 990, Part VI, Section C, Line 19 Balance sheet is posted in branch locations. Other financial statements, documents, and policies are available for member review upon request. MAPS SERVICE AGENCY PO BOX 12398 SALEM OR 97309 930575675 Insurance, mobile banking, background screening OR MARION AND POLK SCHOOLS CREDIT UNION C 479834 3661501 1 1 1 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 MAPS SERVICE AGENCY a-i 47501 Cash Paid MAPS SERVICE AGENCY d 1675523 Outstanding loan balance MAPS SERVICE AGENCY j 167881 Cash Paid MAPS SERVICE AGENCY l 499932 Cash Paid MAPS SERVICE AGENCY m 95369 Cash Paid