2017-05-10T15:46:36-05:00 2016-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2016-01-01 910617775 COLUMBIA COMMUNITY CREDIT UNION COLU 3608914000 PO BOX 324 VANCOUVER WA 98666 STEPHON KENNY PRESIDENT/CEO 3608914000 2017-05-04 1 WENDY CAMPOS P00448102 5032421447 2017-05-02 12.129.7.100 2017-05-04 14:46:03 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 80CAD0DC21021AB5EEF7BE8EA514D446ADC8B53B 2016 2021-01-29 14:40:06Z STEPHON KENNY PO BOX 324 VANCOUVER WA 98666 124868522 0 X WWW.COLUMBIACU.ORG X 1952 WA A STRONG MEMBER FINANCIAL COOPERATIVE PROVIDING VALUE THROUGH: MEETING MEMBERS' NEEDS WITH QUALITY SERVICES AND PRODUCTS; CARING FOR MEMBERS AT EVERY CONTACT; AND ENHANCING THE COMMUNITIES WE SERVE THROUGH VOLUNTEERISM AND LEADERSHIP. 9 9 341 0 835233 -95440 0 0 48634281 52147994 3046089 3042064 0 0 51680370 55190058 303542 320164 0 0 19586028 19989554 0 0 0 20240920 24334770 40130490 44644488 11549880 10545570 1131997173 1229367208 999460774 1087880107 132536399 141487101 A STRONG MEMBER FINANCIAL COOPERATIVE PROVIDING VALUE THROUGH: MEETING MEMBERS' NEEDS WITH QUALITY SERVICES AND PRODUCTS; CARING FOR MEMBERS AT EVERY CONTACT; AND ENHANCING THE COMMUNITIES WE SERVE THROUGH VOLUNTEERISM AND LEADERSHIP. 0 0 COLUMBIA COMMUNITY CREDIT UNION IS A WASHINGTON STATE-CHARTERED CREDIT UNION REGULATED BY THE DIVISION OF CREDIT UNIONS, A DIVISION WITH THE WASHINGTON STATE DEPARTMENT OF FINANCIAL INSTITUTIONS. MEMBERS' SHARES AND DEPOSITS ARE INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION. THE MAIN PURPOSE OF THE CREDIT UNION IS TO BUY AND SELL MONEY TO ITS MEMBERS THROUGH PRODUCTS SUCH AS LOAN AND DEPOSIT ACCOUNTS. THE CREDIT UNION ALSO MAINTAINS AN INVESTMENT PORTFOLIO. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14388 0 1 341 1 1 1 0 0 0 0 0 X 9 9 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PENNY HARRIS 3606193300 200 SE PARK PLAZA DRIVE VANCOUVER WA 98684 ALFRED SCHAUER BOARD CHAIRMAN 2.30 X X 6000 0 0 ALISHIA TOPPER BOARD VICE CHAIR 2.30 X X 4500 0 0 KELLY LOVE BOARD SECRETARY 2.30 X X 4500 0 0 MARCI WHITE-STUMPF BOARD TREASURER 2.30 X X 4500 0 0 DEAN SUTHERLAND OFFICIAL 2.30 X 4500 0 0 LARRY PAULSON OFFICIAL 2.30 X 4500 0 0 LYNN VALENTER INTERIM OFFICIAL 2.30 X 0 0 0 PAUL MONTAGUE III OFFICIAL 2.30 X 4500 0 0 ROY JOHNSON OFFICIAL 2.30 X 4500 0 0 STEPHON D KENNY PRESIDENT/CEO 40.00 X 509101 0 142229 RONALD DOBYNS SVP CFO 40.00 X 245090 0 17660 WILLIAM FULK EVP CHIEF OPERATING OFFICER 40.00 X 455212 0 73847 ARTHUR NEWBY EVP CHIEF INFORMATION OFFICER 40.00 X 242377 0 48069 COLLEEN BOCCIA SVP CHIEF MARKETING OFFICER 40.00 X 214959 0 21880 CAROL MCCAULLEY SVP CHIEF HR OFFICER/LEGAL 40.00 X 200766 0 19806 MICHAEL D FLOREA SVP CHIEF DATA OFFICER 40.00 X 199410 0 28968 LINDSEY R SALVESTRIN SVP CHIEF OPERATING OFFICER 40.00 X 171664 0 29276 JAMES JEFFREY HAVENER SVP CHIEF LENDING OFFICER 40.00 X 196321 0 30963 JEFFREY DAY HOME LOANS OFFICER 40.00 X 189452 0 17717 ROBERT ADAMS VP WEALTH MANAGEMENT 40.00 X 177307 0 17481 ROGER KELSO VP CREDIT RISK 40.00 X 149638 0 20631 SUZI LOCKE HOME LOANS OFFICER 40.00 X 146726 0 20535 3135523 0 489062 27 0 1 0 FISERV INC 255 FISERV DRIVE BROOKFIELD WI 53045 SOFTWARE SUPPORT/LICENSES & CONSULTING 2353482 DIGITAL INSIGHT CORPORATION 1300 SEAPORT BOULEVARD 300 REDWOOD CITY CA 94063 PC BANKING/E-STATEMENTS PROCESSING 1282194 APPRAISAL VALET 10260 SW GREENBURG ROAD 400 PORTLAND OR 97223 APPRAISALS 569015 PARTNERS ON DEMAND INC 13955 SW MILLIKAN WAY 100 BEAVERTON OR 97005 MARKETING - DIRECT MAILINGS 548308 KAYE SMITH 4101 OAKESDALE AVENUE SW RENTON WA 98057 STATEMENT PROCESSING 460474 29 INT & FEES ON LOANS 522100 36180380 36180380 ATM INCOME 522100 5770320 5688879 81441 FEES & SERVICE CHARGES 522100 4516413 4516413 GAIN ON SALE OF LOANS 522100 3553970 3553970 MISC OPERATING INCOME 522100 1444042 1373119 70923 682869 682869 52147994 2854013 2854013 68974669 891846 68938212 740252 36457 151594 188051 -58735 246786 55190058 51254026 835233 3100799 317164 3000 2657812 13355846 604496 1995415 1375985 142877 152069 1755890 1111385 1655818 5528701 1664138 22705 620178 1221018 2793593 463144 PROVISION FOR LOAN LOSS 3380418 LOAN SERVICING 2024279 STATEMENT PROCESSING 243559 DUES AND SUBSCRIPTIONS 101499 1453499 44644488 77715963 104078861 705152 753513 837375764 936696420 1502188 2169696 53317390 26737710 27990357 26579680 171610895 142530054 1329600 1360400 13767254 15198584 1131997173 1229367208 16116203 32603337 1612 247726 983342959 1055029044 999460774 1087880107 X 0 0 0 0 132536399 141487101 132536399 141487101 1131997173 1229367208 10545570 -1594868 0 X 0 1 X 1 0 10604 0 0 10604 10604 1 NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 910460483 10604 0 PART I-A, LINE 1: THE CREDIT UNION HAS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY THROUGH CONTRIBUTIONS TO OTHER ORGANIZATIONS. 0 1 X 6073490 6073490 22763814 8497016 14266798 3158113 3085468 72645 20859684 15155226 5704458 462289 462289 26579680 MEMBERS' SHARE AND SAVINGS ACCOUNTS 1055029044 1055029044 X PART IV, LINE 2B: ESCROW ACCOUNTS ARE FOR MEMBER REAL ESTATE LOANS TO PAY REAL ESTATE TAXES. PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENT FOOTNOTE - THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2016 AND 2015. THE CREDIT UNION'S 2012 THROUGH 2015 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 YWCA OF CLARK COUNTY 3609 MAIN STREET VANCOUVER WA 98663 910569882 501(C)(3) 7500 CENTENNIAL GALA CONTRIBUTION COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL 805 BROADWAY SUITE 412 VANCOUVER WA 98660 911186305 501(C)(4) 13400 ANNUAL PLEDGE TO BRING BUSINESS IMPROVEMENTS TO COMMUNITY FOUNDATION FOR VANCOUVER PUBLIC SCHOOLS 2901 FALK ROAD VANCOUVER WA 98661 910971800 501(C)(3) 25000 EDUCATION - SUPPORT FOR PROGRAMS AND SPONSORSHIPS IDENTITY CLARK COUNTY 915 BROADWAY SUITE 302 VANCOUVER WA 98660 911623724 501(C)(3) 15000 SUPPORT FOR COMMUNITY DEVELOPMENT AND IMPROVEMENTS FORT VANCOUVER REGIONAL LIBRARY FOUNDATION PO BOX 2384 VANCOUVER WA 98668 911456753 501(C)(3) 15000 ANNUAL AUCTION CONTRIBUTION TO FUND LIBRARY PROGRAMS LOAVES AND FISHES CENTERS PO BOX 19477 PORTLAND OR 972800477 930584318 501(C)(3) 15000 SUPPORT SENIOR CITIZEN MEALS ON WHEELS COLUMBIA SPRINGS 12208 SE EVERGREEN HIGHWAY VANCOUVER WA 98683 912127405 501(C)(3) 10800 ENVIRONMENTAL EDUCATION WASHINGTON STATE UNIVERSITY FOUNDATION PO BOX 641925 PULLMAN WA 99164 916001108 501(C)(3) 12000 WSU VANCOUVER ENGINEERING DEVELOPMENT FUND SHARE 2306 NE ANDRESEN ROAD VANCOUVER WA 98661 911205119 501(C)(3) 7500 SERVING THE HUNGRY AND HOMELESS IN CLARK COUNTY BOYS AND GIRLS CLUB OF SW WASHINGTON 1111 MAIN STREET SUITE 605 VANCOUVER WA 98660 911978646 501(C)(3) 22025 PROVIDE YOUNG PEOPLE SERVICES DESIGNED TO BUILD CHARACTER AND STRENGTHEN LIFE SKILLS FT VANCOUVER NATIONAL TRUST 750 ANDERSON STREET VANCOUVER WA 98661 911937645 501(C)(3) 25000 ADVANCE PRESERVATION AND EDUCATION OF FORT VANCOUVER NATIONAL SITE AND PEARSON AIR FIELD SALMON CREEK LEGACY HOSPITAL FOUNDATION PO BOX 5245 VANCOUVER WA 98668 830433165 501(C)(3) 5000 SERVICES FOR VICTIMS OF CHILD ABUSE BUILDING INDUSTRY ASSOCIATION OF CLARK COUNTY 103 E 29TH STREET VANCOUVER WA 98663 910906923 501(C)(6) 5000 LOCAL ECONOMY SUPPORT & EDUCATION GREATER VANCOUVER CHAMBER OF COMMERCE 1101 BROADWAY STREET SUITE 100 VANCOUVER WA 98660 910452260 501(C)(6) 6200 PROMOTE AND SUPPORT BUSINESSES IN OUR COMMUNITY CHILDREN'S CENTER 13500 SE 7TH STREET VANCOUVER WA 98683 911459420 501(C)(3) 5000 MENTAL HEALTH SERVICES FOR CHILDREN FIRST GROWTH CHILDREN AND FAMILY CHARITIES DBA CLASSIC WINE AUCTION PO BOX 4285 PORTLAND OR 97208 201260228 501(C)(3) 25000 CLASSIC WINE EVENT TO FUND PROGRAMS VANCOUVER DOWNTOWN ASSOCIATION 811 MAIN STREET VANCOUVER WA 98660 911816711 501(C)(3) 6000 ANNUAL PLEDGE TO BRING IMPROVEMENTS TO COMMUNITY INNOVATIVE SERVICES NW 9414 NE FOURTH PLAIN BOULEVARD VANCOUVER WA 98662 910782136 501(C)(3) 12488 SUPPORT FOR DISABLED CHILDREN AND ADULTS PROGRAMS 15 3 PART I, LINE 2: WHEN MONEY IS DONATED, AN INTERNAL COMMITTEE ENSURES IT GOES TOWARD THE NON-PROFIT IT WAS INTENDED FOR AND REQUESTS A FOLLOW UP FROM THE NON-PROFIT ON HOW IT WAS USED AND WHO BENEFITED. X 1 1 X X X X X 0 1 0 STEPHON D KENNY PRESIDENT/CEO 407437 0 92664 0 9000 0 129507 0 12722 0 651330 0 0 0 RONALD DOBYNS SVP CFO 200290 0 38800 0 6000 0 9191 0 8469 0 262750 0 0 0 WILLIAM FULK EVP CHIEF OPERATING OFFICER 224613 0 225144 0 5455 0 56383 0 17464 0 529059 0 0 0 ARTHUR NEWBY EVP CHIEF INFORMATION OFFICER 125544 0 113383 0 3450 0 36965 0 11104 0 290446 0 0 0 COLLEEN BOCCIA SVP CHIEF MARKETING OFFICER 174062 0 34897 0 6000 0 10432 0 11448 0 236839 0 0 0 CAROL MCCAULLEY SVP CHIEF HR OFFICER/LEGAL 163561 0 31205 0 6000 0 7084 0 12722 0 220572 0 0 0 MICHAEL D FLOREA SVP CHIEF DATA OFFICER 163540 0 29870 0 6000 0 9888 0 19080 0 228378 0 0 0 LINDSEY R SALVESTRIN SVP CHIEF OPERATING OFFICER 140954 0 24960 0 5750 0 10196 0 19080 0 200940 0 0 0 JAMES JEFFREY HAVENER SVP CHIEF LENDING OFFICER 159182 0 31139 0 6000 0 5559 0 25404 0 227284 0 0 0 JEFFREY DAY HOME LOANS OFFICER 36687 0 152765 0 0 0 11356 0 6361 0 207169 0 0 0 ROBERT ADAMS VP WEALTH MANAGEMENT 154731 0 22576 0 0 0 9012 0 8469 0 194788 0 0 0 ROGER KELSO VP CREDIT RISK 130347 0 19291 0 0 0 9183 0 11448 0 170269 0 0 0 SUZI LOCKE HOME LOANS OFFICER 30942 0 115124 0 660 0 9087 0 11448 0 167261 0 0 0 PART I, LINE 1A THE PRESIDENT'S EMPLOYMENT AGREEMENT ALLOWS FOR THE COST OF SPOUSE TRAVEL FOR 3 CONFERENCES A YEAR. BOARD POLICY ALLOWS FOR SPOUSE/DOMESTIC PARTNER ALLOWANCE OF $599 ANNUALLY WHILE ACCOMPANYING AN OFFICIAL ON CREDIT UNION-RELATED TRAINING. THESE ITEMS ARE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B THREE MEMBERS OF SENIOR MANAGEMENT PARTICIPATE IN A 457(F) DEFERRED COMPENSATION AGREEMENT. FORM 990, PART VI, SECTION A, LINE 4 THE CREDIT UNION'S BYLAWS WERE UPDATED DURING 2016 TO ALLOW MEMBERSHIP WITHOUT A DEPOSIT, CHANGE QUORUM FOR ANNUAL MEETING, AND UPDATE THE FIELD OF MEMBERSHIP TO INCLUDE FOUR COUNTIES IN OREGON: CLACKAMAS, MARION, MULTNOMAH AND WASHINGTON. FORM 990, PART VI, SECTION A, LINE 6 CREDIT UNION MEMBERS OWN A LOAN OR DEPOSIT ACCOUNT, WHICH ENTITLES THEM TO ONE VOTE IN ANNUAL BOARD ELECTIONS AND OTHER CORPORATE MATTERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ENTITLED TO ONE VOTE IN ANNUAL ELECTIONS FOR NEW DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS SENT TO ALL BOARD MEMBERS BEFORE FILING. THE CFO, CEO AND CONTROLLER REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF ARE PRESENTED WITH THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO SUBMIT A SIGNED CONFIRMATION TO HUMAN RESOURCES THAT THEY HAVE READ THE POLICY. EMPLOYEES ALSO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE WHICH REQUIRES THE DISCLOSURE OF ANY POTENTIAL CONFLICTS. MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO REQUIRED TO SIGN CONFIRMING THEY HAVE REVIEWED THE POLICY. POTENTIAL CONFLICTS ARE REPORTED TO AND REVIEWED BY THE ENTERPRISE RISK MANAGEMENT DEPARTMENT, WHICH THEN DETERMINES THE APPROPRIATE PARTY TO DELIBERATE AND RESOLVE THE CONFLICT (E.G. BOARD, SUPERVISORY BOARD, CEO). FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DEPARTMENT COMPILED INFORMATION FROM PROFESSIONAL INDEPENDENT SALARY SURVEYS (PAYSCALE AND OTHER INDUSTRY SURVEYS AS AVAILABLE). THIS INFORMATION WAS USED TO EVALUATE AND ESTABLISH COMPENSATION RATES WITHIN COMMUNITY, INDUSTRY, AND ASSET SIZE NORMS. BASED ON THESE STUDIES, THE CEO REVIEWS AND SETS THE COMPENSATION RATES OF SENIOR MANAGEMENT. THE BOARD OF DIRECTORS INDEPENDENTLY REVIEWED MARKET NORMS AND DETERMINED THE CEO'S COMPENSATION AND BENEFIT PACKAGE. A REVIEW BY HUMAN RESOURCES, USING THE CUSTOMARY SALARY SURVEY STUDIES, CONFIRMED THAT THE CEO'S COMPENSATION RATE WAS WELL WITHIN THE COMPENSATION NORMS FOR SIMILAR POSITIONS WITHIN THE INDUSTRY, COMMUNITY, AND ASSET SIZE. THE LAST REVIEW OF COMPENSATION FOR THE CEO AND SENIOR MANAGEMENT WAS COMPLETED JUNE 2016. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE POSTED ON THE CREDIT UNION'S WEBSITE AND INCLUDE THE CONFLICT OF INTEREST POLICY IN ARTICLE XIII; FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. COLUMBIA COMMUNITY CORPORATION PO BOX 324 VANCOUVER WA 98666 910617775 INACTIVE - USED TO BE WEALTH MANAGEMENT FUNCTION; COMBINED INTO CU IN 2004 WA 0 5000 COLUMBIA COMMUNITY CREDIT UNION BATTLE GROUND PROPERTIES LLC PO BOX 324 VANCOUVER WA 98666 HOLDS OREO PROPERTIES IN WA; LAST PROPERTY SOLD - DISSOLVED LLC AUGUST 2016 WA -811 0 COLUMBIA COMMUNITY CREDIT UNION