2018-11-09T11:21:54-06:00 2017-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2017-01-01 910863377 NUMERICA CREDIT UNION NUME 5095357613 14610 E SPRAGUE AVENUE NO N/A SPOKANE VALLEY WA 992162146 CINDY LEAVER CFO/CSO 5095357613 2018-11-08 1 COLLEEN RAMIRES P01251320 5097472600 2018-11-08 12.129.7.100 2018-11-08 11:42:08 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 866574987CA565ABE6CC9265146BBE3F5B9624AD 2017 2019-02-21 02:37:17Z NA CINDY LEAVER 14610 E SPRAGUE AVENUE NO N/A SPOKANE VALLEY WA 992162146 134553526 0 1269 X WWW.NUMERICACU.COM X 1937 WA CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 9 9 519 15 225008 179469 0 0 94109059 111201101 2681257 3418496 0 0 96790316 114619597 105000 293000 0 0 35284171 41957952 0 0 0 44603281 54190028 79992452 96440980 16797864 18178617 1809441016 2055568189 1621677701 1849505593 187763315 206062596 CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 0 0 PROVIDE FINANCIAL SERVICES TO 135,173 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/UNSECURED CONSUMER AND BUSINESS LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 39111 0 1 519 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 ID X CINDY LEAVER 5095366114 14610 E SPRAGUE AVENUE SPOKANE VALLEY WA 99216 HUPP RON CHAIRMAN 8.00 X X 22362 0 0 MORTENSEN WES VICE CHAIRMAN 8.00 X X 10955 0 0 KITTLITZ LIESEL SECRETARY 8.00 X X 12327 0 0 SMITH YVONNE DIRECTOR 8.00 X 14250 0 0 PLUMB SCOTT DIRECTOR 8.00 X 18818 0 0 HARMON ROBIN DIRECTOR 8.00 X 26847 0 0 CLARK SCOTT DIRECTOR 8.00 X 15601 0 0 BENSON ADAM DIRECTOR 8.00 X 10523 0 0 NIELSEN SUSAN DIRECTOR 8.00 X 20520 0 0 CICERO CARLA PRESIDENT/CEO 40.00 X 869968 0 215697 FERGUSON KELLEY CHIEF INFORMATION OFFICER 40.00 X 340297 0 36361 HARTER NANCY CHIEF BRANDING OFFICER 40.00 X 345062 0 34031 LEAVER CINDY CHIEF FINANCIAL OFFICER 40.00 X 338854 0 37358 LEHN JENNIFER CHIEF OPERATIONS OFFICER 40.00 X 373884 0 33389 PLANK KENNETH CHIEF LENDING OFFICER 40.00 X 366650 0 30948 CIANI LYNN EVP - GENERAL COUNSEL 40.00 X 274589 0 27281 SUNDERMAN LISA VP ENTERPRISE RISK MGMT 40.00 X 194290 0 23506 HANSEN GREG VP OF BUSINESS SERVICES 40.00 X 244929 0 30087 GRABICKI MICHELLE VP OF CORPORATE CULTURE 40.00 X 210851 0 25351 STEPHENS ROB VP OF FINANCE 40.00 X 227495 0 34510 MURRAY KAYCEE VP INFORMATION TECHNOLOGY 40.00 X 181544 0 22007 ERNY JANA VP OF RETAIL LENDING 40.00 X 241714 0 29339 FOX MARK VP PAYMENT SERVICES 40.00 X 168805 0 22201 O'CALLAGHAN JENNIFER VP OF MARKETING 40.00 X 212777 0 25822 PHARES SCOTT AVP DEALER CENTER 40.00 X 153571 0 16303 COLTRAIN ERIC FINANCIAL ADVISOR 40.00 X 177832 0 19873 STIRLING ANDY AVP HOME LOAN CENTER 40.00 X 160644 0 27969 ELLIS WENDIE AVP DEPOSITS/OPERATIONS 40.00 X 143132 0 23694 PRINDLE DEBRA AVP HUMAN RESOURCES 40.00 X 167720 0 21141 5546811 0 736868 44 0 1 0 LEONE & KEEBLE INC PO BOX 2747 SPOKANE WA 99220 GENERAL CONTRACTOR 3529467 MTR COMMUNICATIONS 1705 S MAPLE BLVD SPOKANE WA 99203 MARKETING/PUBLIC RELATIONS 1865965 LOOMIS FARGO & CO DEPT CH 10500 PALANTINE IL 600550500 CASH DELIVERY 478947 BERNARDO WILLS ARCHITECHS PC 153 S JEFFERSON ST SPOKANE WA 99201 ARCHITECTURE CONTRACTOR 286005 PHILLABAUM LEDLIN MATTHEWS & SHELDON 1235 N POST ST SUITE 100 SPOKANE WA 99201 PROFESSIONAL SERVICE 190784 52 INTEREST ON LOANS 522100 80579325 80579325 FEE INCOME 522100 29812223 29587215 225008 GAIN ON SALE OF LOANS 522100 723233 723233 GAIN ON OTHER REAL ESTATE OWNED 531390 86320 86320 111201101 3413716 3413716 19936109 2600 19927479 6450 8630 -3850 4780 4780 114619597 110976093 225008 3418496 271000 22000 5371800 27586429 2280262 4070353 2649108 237729 283257 1070222 4124516 4622529 2970590 2047402 844955 211816 14490544 4200614 243691 UNRELATED BUSINESS TAX 160946 PROVISION FOR LOAN LOSS 12750000 LOAN SERVICING EXPENSE 3188840 ATM/VISA CARD EXPENSES 2369881 372496 96440980 27273515 28737128 79334040 144601345 13274220 15342803 1470960804 1604710556 2159730 3159044 75565870 23312715 48006115 52253155 131815320 168143063 128193 104096 36489079 38516999 1809441016 2055568189 27816793 33692879 612767 464830 791598 547571 97988365 88588366 1494468178 1726211947 1621677701 1849505593 X 0 0 0 0 187763315 206062596 187763315 206062596 1809441016 2055568189 18178617 120664 0 X 0 1 X 1 0 0 1 X 12634516 12634516 40391279 10574589 29816690 3746084 1222853 2523231 6017977 4616679 1401298 12776014 6898594 5877420 52253155 AVAILABLE FOR SALE SECURITIES 146452435 F NCUSIF DEPOSIT 15644880 C FEDERAL HOME LOAN BANK STOCK 4642600 C OTHER INVESTMENTS 1403148 C 168143063 SHARES & DEPOSITS 1726211947 1726211947 X 114619597 0 114619597 0 114619597 96440980 0 96440980 0 96440980 PART IV, LINE 2B: THE ORGANIZATION HAS ESCROW ACCOUNTS RELATED TO PORTFOLIO MORTGAGES MEMBERS HAVE WITH THE ORGANIZATION. PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1954; HOWEVER, THE CREDIT UNIONS UNRELATED BUSINESS INCOME AND SUBSIDIARIES ARE SUBJECT TO FEDERAL INCOME TAXES. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2017 OR 2016. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION HAD NO MATERIAL UNRECOGNIZED TAX POSITIONS AT DECEMBER 31, 2017, AND DECEMBER 31, 2016. IT IS THE CREDIT UNION'S POLICY TO RECORD ANY PENALTIES OR INTEREST ARISING FROM FEDERAL OR STATE TAXES AS A COMPONENT OF NONINTEREST EXPENSE. THE CREDIT UNION FILES A FEDERAL EXEMPT ORGANIZATION RETURN AND SALES AND USE TAX RETURN WITH THE STATE OF WASHINGTON AND A STATE INCOME TAX RETURN WITH THE STATE OF IDAHO. 1 EWU FOUNDATION 102 HARGREAVES HALL CHENEY WA 99004 911019819 501(C)(3) 70000 GENERAL SUPPORT CREDIT UNIONS FOR KIDS 205 W 700 SOUTH SALT LAKE CITY UT 84101 911307555 501(C)(3) 7000 GENERAL SUPPORT SECOND HARVEST FOOD BANK 1234 E FRONT AVE SPOKANE WA 99202 237173826 501(C)(3) 25000 GENERAL SUPPORT SNAP 3102 W FT GEORGE WRIGHT DR SPOKANE WA 99224 911311127 501(C)(3) 10000 GENERAL SUPPORT INW COMMUNITY FOUNDATION 421 W RIVERSIDE SUITE 606 SPOKANE WA 99201 910941053 501(C)(3) 33000 GENERAL SUPPORT AMERICAN RED CROSS 1900 25TH AVE S SEATTLE WA 98144 530196605 501(C)(3) 6000 GENERAL SUPPORT COMMUNITY COLLEGES OF SPOKANE FOUNDATION 501 N RIVERPOINT BLVD STE 203 SPOKANE WA 99202 910886962 501(C)(3) 20000 GENERAL SUPPORT GENERATION ALIVE 418 W SHARP SPOKANE WA 99201 562598004 501(C)(3) 30000 GENERAL SUPPORT HRC MINISTRIES PO BOX 14257 SPOKANE VALLEY WA 99214 463709621 501(C)(3) 15000 GENERAL SUPPORT WOMEN & CHILDREN'S FREE RESTAURANT 1408 N WASHINGTON ST SPOKANE WA 99201 911399742 501(C)(3) 15000 GENERAL SUPPORT 10 0 STUDENT AMBASSADOR SCHOLARSHIPS 10 22000 PART I, LINE 2: DONATIONS ARE ROUTED THROUGH THE COMMUNITY INVOLVEMENT COMMITTEE (CIC) OR THROUGH THE COMMUNICATIONS DEPARTMENT DEPENDING ON THE REQUEST. THE REQUEST IS THEN EVALUATED EITHER BY COMMUNICATIONS OR BY THE CIC DONATIONS SUB-COMMITTEE AND A DETERMINATION MADE AS TO THE AMOUNT TO BE DONATED. ALL ACKNOWLEDGEMENTS ARE RETAINED AND RECIPIENTS OF THE DONATIONS RECORDED. ALL RECIPIENTS ARE WELL KNOWN LOCAL ORGANIZATIONS. NUMERICA ASSUMES THAT ALL GRANT FUNDS ARE USED WITHIN THE U.S. BUT DOES NOT MONITOR THE USE OF FUNDS PAST THE DATE OF CONTRIBUTION. X X X 1 1 X X X 0 1 0 CICERO CARLA PRESIDENT/CEO 555741 0 226305 0 87922 0 209179 0 6518 0 1085665 0 0 0 FERGUSON KELLEY CHIEF INFORMATION OFFICER 257121 0 70607 0 12569 0 28283 0 8078 0 376658 0 0 0 HARTER NANCY CHIEF BRANDING OFFICER 252423 0 75308 0 17331 0 27513 0 6518 0 379093 0 0 0 LEAVER CINDY CHIEF FINANCIAL OFFICER 275235 0 48299 0 15320 0 29700 0 7658 0 376212 0 0 0 LEHN JENNIFER CHIEF OPERATIONS OFFICER 291878 0 77085 0 4921 0 28232 0 5157 0 407273 0 0 0 PLANK KENNETH CHIEF LENDING OFFICER 260274 0 75299 0 31077 0 23290 0 7658 0 397598 0 0 0 CIANI LYNN EVP - GENERAL COUNSEL 216756 0 55970 0 1863 0 20984 0 6297 0 301870 0 0 0 SUNDERMAN LISA VP ENTERPRISE RISK MGMT 156602 0 37428 0 260 0 15848 0 7658 0 217796 0 0 0 HANSEN GREG VP OF BUSINESS SERVICES 184454 0 58223 0 2252 0 20329 0 9758 0 275016 0 0 0 GRABICKI MICHELLE VP OF CORPORATE CULTURE 170024 0 40465 0 362 0 19054 0 6297 0 236202 0 0 0 STEPHENS ROB VP OF FINANCE 184624 0 42719 0 152 0 21602 0 12908 0 262005 0 0 0 MURRAY KAYCEE VP INFORMATION TECHNOLOGY 145167 0 36326 0 51 0 17062 0 4945 0 203551 0 0 0 ERNY JANA VP OF RETAIL LENDING 184204 0 57459 0 51 0 15996 0 13343 0 271053 0 0 0 FOX MARK VP PAYMENT SERVICES 135401 0 33241 0 163 0 15904 0 6297 0 191006 0 0 0 O'CALLAGHAN JENNIFER VP OF MARKETING 170326 0 42451 0 0 0 18164 0 7658 0 238599 0 0 0 PHARES SCOTT AVP DEALER CENTER 128429 0 24891 0 251 0 10294 0 6009 0 169874 0 0 0 COLTRAIN ERIC FINANCIAL ADVISOR 48500 0 128732 0 600 0 9215 0 10658 0 197705 0 0 0 STIRLING ANDY AVP HOME LOAN CENTER 136304 0 20812 0 3528 0 12511 0 15458 0 188613 0 0 0 ELLIS WENDIE AVP DEPOSITS/OPERATIONS 119530 0 23102 0 500 0 13163 0 10531 0 166826 0 0 0 PRINDLE DEBRA AVP HUMAN RESOURCES 143079 0 24587 0 54 0 14623 0 6518 0 188861 0 0 0 PART I, LINE 1A BOARD MEMBERS WHO HAVE COMPANIONS TRAVELING HAVE THESE EXPENSES INCLUDED FOR TAXABLE PURPOSES IN THEIR 1099-MISC. TAX PAYMENTS ARE PROVIDED FOR EXECUTIVE LEVEL STAFF ON THE TAXABLE BENEFIT OF AN INTEREST-FREE LOAN ON A SPLIT DOLLAR LIFE INSURANCE POLICY. WELLNESS EXPENSES SUCH AS HEALTH CLUB DUES ARE PROVIDED FOR EXECUTIVE MANAGEMENT AS A BENEFIT. THEIR COMPENSATION IS TAXED APPROPRIATELY FOR THIS BENEFIT. PART I, LINE 4B CARLA ALTEPTER, CEO, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT EARNED IN 2017 WAS $161,479. CICERO CARLA CHIEF EXECUTIVE OFFICER AUTO LOAN X 32670 7277 0 0 1 CICERO CARLA CHIEF EXECUTIVE OFFICER MORTGAGE LOAN X 562500 441793 0 0 1 FERGUSON KELLEY CHIEF INFORMATION OFFICER MORTGAGE LOAN X 106787 106787 0 0 1 CIANI LYNN EVP - GENERAL COUNCIL AUTO LOAN X 62170 54438 0 0 1 CIANI LYNN EVP - GENERAL COUNCIL MORTGAGE LOAN X 333600 296022 0 0 1 FERGUSON KELLEY CHIEF INFORMATION OFFICER MORTGAGE LOAN X 224000 160635 0 0 1 LEAVERCYNTHIA J CHIEF FINANCIAL OFFICER AUTO LOAN X 14657 9961 0 0 1 LEAVERCYNTHIA J CHIEF FINANCIAL OFFICER AUTO LOAN X 49532 38690 0 0 1 LEAVERCYNTHIA J CHIEF FINANCIAL OFFICER MORTGAGE LOAN X 363920 338018 0 0 1 LEHNJENNIFER A CHIEF OPERATIONS OFFICER MORTGAGE LOAN X 216000 152608 0 0 1 NORBURY-HARTERN CHIEF BRANDING OFFICER MORTGAGE LOAN X 417000 385193 0 0 1 PLANK KEN CHIEF LENDING OFFICER AUTO LOAN X 19000 18289 0 0 1 PLANK KEN CHIEF LENDING OFFICER AUTO LOAN X 31881 26221 0 0 1 PLANK KEN CHIEF LENDING OFFICER AUTO LOAN X 8123 2636 0 0 1 PLANK KEN CHIEF LENDING OFFICER MORTGAGE LOAN X 417000 376376 0 0 1 CICERO CARLA CHIEF EXECUTIVE OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 7983480 6850676 0 1 1 FERGUSON KELLEY CHIEF INFORMATION OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 1200660 986846 0 1 1 LEAVERCYNTHIA J CHIEF FINANCIAL OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 1458600 1187574 0 1 1 NORBURY-HARTERN CHIEF BRANDING OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 1798596 1543392 0 1 1 LEHNJENNIFER A CHIEF OPERATIONS OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 331656 273857 0 1 1 PLANK KEN CHIEF LENDING OFFICER SPLIT DOLLAR LIFE INSURANCE POLICY X 2180825 1998023 0 1 1 CIANI LYNN EVP - GENERAL COUNCIL SPLIT DOLLAR LIFE INSURANCE POLICY X 164800 87491 0 1 1 15342803 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S MEMBERS MUST APPROVE CERTAIN INFREQUENT DECISIONS OF THE GOVERNING BODY. FOR EXAMPLE, A MERGER WOULD REQUIRE MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY EXECUTIVE MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL CERTIFICATION PROCESS WHERE THE CODE OF ETHICS POLICY FOR VOLUNTEERS IS REVIEWED. WHEN THERE IS A PERSONAL INTEREST, EVEN IF ONLY IN APPEARANCE, SUCH INTEREST MUST BE DISCLOSED AND THE NATURE OF SUCH INTEREST DESCRIBED TO THE BOARD PRIOR TO THE TIME ANY ACTION IS TAKEN. THE INTERESTED PARTY SHALL NOT DIRECTLY OR INDIRECTLY PARTICIPATE IN ANY DELIBERATION OR DETERMINATION OF THE MATTER AND SHOULD TAKE ALL REASONABLE STEPS TO AVOID THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CEO'S CONTRACT ANNUALLY AND USES DATA FROM VARIOUS SURVEYS TO PROVIDE SUBSTANTIATION OF THE DELIBERATION AND DECISIONS REGARDING THE CEO'S ANNUAL BONUS AND SALARY. ALL OF THE SALARY RANGES FOR THE ENTIRE ORGANIZATION ARE SET BASED ON VARIOUS SALARY SURVEYS, INCLUDING EXECUTIVE SALARY SURVEY. THE SURVEYS ARE OF FINANCIAL INSTITUTIONS OF SIMILAR SIZE AND REGION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1024 AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NUMERICA MEMBER SERVICES INC PO BOX 4000 SPOKANE VALLEY WA 99037 911320629 FINANCIAL PLANNING SERVICE WA NUMERICA CREDIT UNION C 495765 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0