2017-11-14T10:38:32-06:00 2016-12-31 910189318 Moss Adams LLP 601 W Riverside Avenue Ste 1800 Spokane WA 99201 990 2016-01-01 910863377 Numerica Credit Union NUME 5095357613 14610 E Sprague Avenue Spokane Valley WA 992162146 Robert Stephens SVP 5095357613 2017-11-06 1 Wendy Campos P00448102 5097472600 2017-11-06 12.129.7.100 2017-11-06 12:44:25 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 866574987CA565ABE6CC9265146BBE3F5B9624AD 2016 2017-02-10 21:41:12Z CINDY LEAVER 14610 E Sprague Avenue Spokane Valley WA 992162146 114014012 0 1269 X www.numericacu.com X 1937 WA Credit union operated without profit for mutual purposes. 9 9 532 16 1537005 406053 0 0 81269685 94109059 2358284 2681257 0 0 83627969 96790316 252667 105000 0 0 31697997 35284171 0 0 0 36641732 44603281 68592396 79992452 15035573 16797864 1592691490 1809441016 1420478587 1621677701 172212903 187763315 Credit Union operated without profit for mutual purposes. 0 0 Provide financial services to 128,598 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 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 35985 0 1 532 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 5095357613 14610 E Sprague Avenue Spokane Valley WA 99216 Hupp Ron Chairman 8.00 X X 18659 0 0 Mortensen Wes Vice Chairman 8.00 X X 13896 0 0 Clark Scott Secretary 8.00 X X 3270 0 0 Smith Yvonne Director 8.00 X 8503 0 0 Plumb Scott Director 8.00 X 7540 0 0 Ochoa-Bruck Gloria Director 8.00 X 7944 0 0 Kittlitz Liesel Director 8.00 X 10151 0 0 Benson Adam Director 8.00 X 13510 0 0 Nielsen Susan Director 8.00 X 4241 0 0 Altepeter Carla President/CEO 40.00 X 794378 0 136318 Ferguson Kelley Chief Information Officer 40.00 X 297865 0 34110 Harter Nancy Chief Branding Officer 40.00 X 308445 0 32388 Leaver Cindy Chief Financial Officer 40.00 X 344994 0 34893 Lehn Jennifer Chief Operations Officer 40.00 X 331642 0 34256 Plank Kenneth Chief Lending Officer 40.00 X 316769 0 26576 Ciani Lynn EVP - General Counsel 40.00 X 249163 0 26732 Sunderman Lisa VP Enterprise Risk Mgmt 40.00 X 176210 0 22533 Hansen Greg VP of Business Services 40.00 X 208556 0 38234 Grabicki Michelle VP of Corporate Culture 40.00 X 190182 0 25705 Stephens Rob VP of Finance 40.00 X 200877 0 31967 Murray KayCee VP Information Technology 40.00 X 161563 0 23223 ERNY JANA VP OF RETAIL LENDING 40.00 X 210867 0 22037 FOX MARK VP PAYMENT SERVICES 40.00 X 156350 0 21675 O'CALLAGHAN JENNIFER VP OF MARKETING 40.00 X 199962 0 31524 Phares Scott AVP Dealer Center 40.00 X 144911 0 14937 Coltrain Eric Financial Advisor 40.00 X 216704 0 15934 Stirling Andy AVP HOME LOAN CENTER 40.00 X 131344 0 16515 ELLIS WENDIE AVP DEPOSITS/OPERATIONS 40.00 X 138960 0 18737 Prindle Debra AVP Human Resources 40.00 X 139773 0 24459 5007229 0 632753 59 0 1 0 MTR Communications 1705 S Maple Blvd Spokane WA 99203 Marketing/Public Relations 1526632 Leone & Keeble Inc PO Box 2747 Spokane WA 99220 General Contractor 1323381 KAYE SMITH 4101 OAKESDALE RENTON WA 98057 PRINTING 698372 PSCU FINANCIAL SERVICES INC 560 Carillon Parkway ST Petersburg FL 33716 FINANCIAL SERVICES 473717 ADVANCED AMC INC 401 1/2 E Sherman Ave STE 212 Coeur DAlene ID 83814 APPRAISAL SERVICE 428735 51 Interest on Loans 522100 67124732 67124732 Fee Income 522100 26984327 25447322 1537005 94109059 2498730 2498730 17281688 124535 17101647 122049 180041 2486 182527 182527 96790316 92572054 1537005 2681257 105000 4777710 22577109 2199357 3480507 2249488 27080 166189 423784 3863511 4188132 2470140 1893680 609845 178211 11956698 3911280 232232 Unrelated Business Tax 146091 Provision for Loan Loss 9107000 ATM/Visa Card Expenses 2673627 Loan Servicing Expense 2432890 322891 79992452 19393580 27273515 111886111 79334040 11404557 13274220 1257717084 1470960804 1392789 2159730 68116993 20110878 48137915 48006115 122932901 131815320 152123 128193 19674430 36489079 1592691490 1809441016 20494772 27816793 776260 612767 829684 791598 78989969 97988365 1319387902 1494468178 1420478587 1621677701 X 0 0 0 0 172212903 187763315 172212903 187763315 1592691490 1809441016 16797864 -1247452 0 X 0 1 X 1 0 0 1 X 11932124 11932124 37751023 8861418 28889605 1981304 922673 1058631 5360404 4157132 1203272 11092138 6169655 4922483 48006115 Available for Sale Securities 112226907 F NCUSIF Deposit 13568715 C Federal Home Loan Bank Stock 4760100 C Other Investments 1259598 C 131815320 Shares & Deposits 1494468178 1494468178 X 96790316 0 96790316 0 96790316 79992452 0 79992452 0 79992452 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, 2016 or 2015. 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 unrecognized tax positions at December 31, 2016, and December 31, 2015. 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. 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) 10000 General Support Second Harvest Food Bank 1234 E Front Ave Spokane WA 99202 237173826 501(c)(3) 25000 General Support 3 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 Altepeter Carla President/CEO 529374 0 207039 0 57965 0 115059 0 21259 0 930696 0 0 0 Ferguson Kelley Chief Information Officer 237661 0 54300 0 5904 0 26147 0 7963 0 331975 0 0 0 Harter Nancy Chief Branding Officer 239951 0 57114 0 11380 0 25985 0 6403 0 340833 0 0 0 Leaver Cindy Chief Financial Officer 251235 0 84905 0 8854 0 27350 0 7543 0 379887 0 0 0 Lehn Jennifer Chief Operations Officer 268725 0 60831 0 2086 0 27853 0 6403 0 365898 0 0 0 Plank Kenneth Chief Lending Officer 237857 0 58745 0 20167 0 19033 0 7543 0 343345 0 0 0 Ciani Lynn EVP - General Counsel 202838 0 44448 0 1877 0 19189 0 7543 0 275895 0 0 0 Sunderman Lisa VP Enterprise Risk Mgmt 145873 0 30232 0 105 0 14990 0 7543 0 198743 0 0 0 Hansen Greg VP of Business Services 158747 0 48526 0 1283 0 18871 0 19363 0 246790 0 0 0 Grabicki Michelle VP of Corporate Culture 154375 0 32359 0 3448 0 18162 0 7543 0 215887 0 0 0 Stephens Rob VP of Finance 166133 0 34265 0 479 0 19174 0 12793 0 232844 0 0 0 Murray KayCee VP Information Technology 131629 0 26829 0 3105 0 15260 0 7963 0 184786 0 0 0 ERNY JANA VP OF RETAIL LENDING 165490 0 45268 0 109 0 13429 0 8608 0 232904 0 0 0 FOX MARK VP PAYMENT SERVICES 129538 0 26703 0 109 0 14132 0 7543 0 178025 0 0 0 O'CALLAGHAN JENNIFER VP OF MARKETING 164762 0 34396 0 804 0 18731 0 12793 0 231486 0 0 0 Phares Scott AVP Dealer Center 123869 0 20988 0 54 0 9914 0 5023 0 159848 0 0 0 Coltrain Eric Financial Advisor 26000 0 183791 0 6913 0 7791 0 8143 0 232638 0 0 0 ELLIS WENDIE AVP DEPOSITS/OPERATIONS 114749 0 24006 0 205 0 13354 0 5383 0 157697 0 0 0 Prindle Debra AVP Human Resources 119863 0 19856 0 54 0 19856 0 4603 0 164232 0 0 0 Part I, Line 1a Wellness expenses such as health club dues are provided for executive management as a benefit. Their compensation is taxed appropriately for this benefit. 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. Part I, Line 4b Carla Altepter, CEO, participates in a supplemental nonqualified retirement plan. The amount earned in 2016 was $67,909. ALTEPETER CARLA Chief Executive Officer Auto Loan X 32670 12456 0 0 1 ALTEPETER CARLA Chief Executive Officer Mortgage Loan X 562500 458021 0 0 1 CIANI LYNN EVP - General Council Auto Loan X 40556 13862 0 0 1 CIANI LYNN EVP - General Council Auto Loan X 57221 40081 0 0 1 CIANI LYNN EVP - General Council Mortgage Loan X 333600 303723 0 0 1 FERGUSON KELLEY Chief Information Officer Mortgage Loan X 224000 174111 0 0 1 LEAVERCYNTHIA J Chief Financial Officer Auto Loan X 14657 12565 0 0 1 LEAVERCYNTHIA J Chief Financial Officer Auto Loan X 49532 44708 0 0 1 LEAVERCYNTHIA J Chief Financial Officer Mortgage Loan X 363920 345899 0 0 1 LEHNJENNIFER A Chief Operations Officer Auto Loan X 31035 4289 0 0 1 LEHNJENNIFER A Chief Operations Officer Mortgage Loan X 136000 19560 0 0 1 LEHNJENNIFER A Chief Operations Officer Mortgage Loan X 216000 166905 0 0 1 NORBURY-HARTERN Chief Branding Officer Mortgage Loan X 417000 393806 0 0 1 PLANK KEN Chief Lending Officer Auto Loan X 20212 2793 0 0 1 PLANK KEN Chief Lending Officer Auto Loan X 31881 27968 0 0 1 PLANK KEN Chief Lending Officer Auto Loan X 8123 4682 0 0 1 PLANK KEN Chief Lending Officer Mortgage Loan X 417000 386024 0 0 1 AltepETER CARLA Chief Executive Officer Split Dollar Life Insurance Policy X 5670000 5661369 0 1 1 FERGUSON KELLEY Chief Information Officer Split Dollar Life Insurance Policy X 986900 880224 0 1 1 leaVERCYNTHIA J chief financial Officer Split Dollar Life Insurance Policy X 1199000 1068505 0 1 1 noRBURY-HARTERN chief Branding Officer Split Dollar Life Insurance Policy X 1486140 1375004 0 1 1 lehNJENNIFER A Chief Operations Officer Split Dollar Life Insurance Policy X 274040 243276 0 1 1 plANK KEN Chief Lending Officer Split Dollar Life Insurance Policy X 1730550 1603844 0 1 1 cIANI LYNN evP - General Council Split Dollar Life Insurance Policy X 81600 30545 0 1 1 13274220 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, including board members, is reviewed. Conflicts of interest must be disclosed and action taken to avoid such a conflict. If a conflict of interest exists, the individual shall not render services to, represent, or undertake to act for any outside or competing concern, whether for compensation or not, unless the Board Chairperson determines that such relations with the outside or competing concern do not conflict with the interests of the Credit Union and that there is no reasonable likelihood that the relations will influence the person's judgment or actions in performing duties to the Credit Union, that the person's absence from related deliberations and abstention from relevant votes are satisfactory to avoid the conflict of interest or that the best interests of the Credit Union will be upheld. 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. 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