CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0567788)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-11-09
IRS object ID: 201623149349303057
Schema version: 2015v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule I
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-09T15:29:24-06:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	910189318	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Moss Adams LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	601 W Riverside Avenue Ste 1800	AddressLine1Txt
City	Spokane	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	99201	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	910567788	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Horizon Credit Union	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HORI	BusinessNameControlTxt
Phone	5099286494	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 15128	AddressLine1Txt
City	Spokane Valley	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	99216	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Jeff Adams	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	5099286494	PhoneNum
Signature	2016-11-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Emina O Cresswell CPA	PreparerPersonNm
PTIN	P01217304	PTIN
Phone	5097472600	PhoneNum

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Jeff Adams	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 15128	AddressLine1Txt
City	Spokane Valley	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	99216	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$48,037,465	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Group Exemption	1269	GroupExemptionNum
Organization501c	Yes (X)	Organization501cInd
Website Address	www.hzcu.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1947	FormationYr
Legal Domicile State	WA	LegalDomicileStateCd
Activity Or Mission	CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. PROVIDE FINANCIAL SERVICES TO MEMBERS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	300	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$86,933	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$27,540	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$30,212,873	PYProgramServiceRevenueAmt
CY Program Service Revenue	$33,419,995	CYProgramServiceRevenueAmt
PY Investment Income	$590,782	PYInvestmentIncomeAmt
CY Investment Income	$890,572	CYInvestmentIncomeAmt
PY Other Revenue	$94,478	PYOtherRevenueAmt
CY Other Revenue	$122,369	CYOtherRevenueAmt
PY Total Revenue	$30,898,133	PYTotalRevenueAmt
CY Total Revenue	$34,432,936	CYTotalRevenueAmt
PY Grants And Similar Paid	$33,512	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$35,265	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$13,170,611	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$14,537,755	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$12,920,284	PYOtherExpensesAmt
CY Other Expenses	$17,000,814	CYOtherExpensesAmt
PY Total Expenses	$26,124,407	PYTotalExpensesAmt
CY Total Expenses	$31,573,834	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,773,726	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$2,859,102	CYRevenuesLessExpensesAmt
Total Assets BOY	$620,763,082	TotalAssetsBOYAmt
Total Assets EOY	$819,694,391	TotalAssetsEOYAmt
Total Liabilities BOY	$554,077,490	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$730,448,545	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$66,685,592	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$89,245,846	NetAssetsOrFundBalancesEOYAmt
Mission	Credit union operated without profit for mutual purposes.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE FINANCIAL SERVICES TO APPROXIMATELY 59,000 MEMBERS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO LOANS AND SAVINGS PROGRAMS. THE SERVICES ARE PROVIDED BY AT LEAST SEVEN NON-PAID VOLUNTEERS AND APPROXIMATELY 300 FULL-TIME PAID EMPLOYEES.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	7849	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	300	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	ID	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MT	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Deborah Parelius	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5099286494	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 15128	AddressLine1Txt
City	Spokane Valley	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	99216	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MIKE BUTLER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
TOM DILUZIO
DIRECTOR	1.00	Yes (X)	$0	$0	$0
Mark Lodine
DireCTOR	1.00	Yes (X)	$0	$0	$0
STEVE SHARON
CHAIRMAN OF THE BOARD	1.00	Yes (X)	$0	$0	$0	Yes (X)
NANCY RIPLEY
1ST VICE CHAIRMAN	1.00	Yes (X)	$0	$0	$0	Yes (X)
BERNIE KORTH
2ND VICE CHAIRMAN	1.00	Yes (X)	$0	$0	$0	Yes (X)
PAT FITZGERALD
SECRETARY/TREASURER	1.00	Yes (X)	$0	$0	$0	Yes (X)
JEFF ADAMS
CEO/President	40.00		$365,615	$0	$313,874	Yes (X)
DEBORAH PARELIUS
CFO/VP Finance & Acct.	35.00		$188,082	$0	$24,054	Yes (X)
MARK NEUMANN
COO/VP Retail Delivery	40.00		$400,433	$0	$28,842	Yes (X)
GREG ROBINSON
VP Information Services	32.00		$156,390	$0	$21,193		Yes (X)
BRIAN GRYTDAL
VP Marketing	40.00		$152,868	$0	$36,826		Yes (X)
JODIE OLSON
VP Human Resources	40.00		$135,823	$0	$23,137		Yes (X)
ALITA BILLINGTON
REGIONAL DIR. OF BRANCHES	40.00		$125,455	$0	$17,683		Yes (X)
Judy Kiely
Regional Dir, Corp Integration	40.00		$160,416	$0	$15,820		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,685,082	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$481,429	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CEO ADVISORY GROUP
PO BOX 5665	KENT	WA	98064	MANAGEMENT CONSULTING	$395,978
PERDUE LAW
41 CAMINO DE LOS ANGELITOS	GALISTEO	NM	87540	LEGAL	$126,000

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON MEMBER LOANS	522100	$25,045,726	$25,045,726
FEES PAID BY MEMBERS	522100	$4,376,372	$4,289,439	$86,933
VISA & DEBIT CARD INCOME	522100	$2,950,836	$2,950,836
OTHER INCOME	525990	$1,047,061	$1,047,061

Field	Value	IRS element (for citing)
Total Program Service Revenue	$33,419,995	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$837,897	TotalRevenueColumnAmt
Exclusion	$837,897	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$134,376	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$12,007	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$122,369	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$122,369	TotalRevenueColumnAmt
Exclusion	$122,369	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$349,575	SecuritiesAmt
Other	$13,295,622	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$350,000	SecuritiesAmt
Other	$13,242,522	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$425	SecuritiesAmt
Other	$53,100	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$52,675	TotalRevenueColumnAmt
Exclusion	$52,675	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,432,936	TotalRevenueColumnAmt
Related Or Exempt Func Income	$33,333,062	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$86,933	UnrelatedBusinessRevenueAmt
Exclusion	$1,012,941	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$32,215	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$3,050	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,320,900	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,706,791	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,147,637	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,484,724	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$877,703	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$584,450	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$126,568	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$70,196	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,173,847	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$808,379	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$511,836	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,535,345	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,538,440	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$218,347	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$25,476	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,708,263	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,324,806	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$368,170	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$1,807,526
CARD PROCESSING FEES	$1,275,545
MEMBER SERVICING	$892,683
LOAN PROCESSING	$782,754

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,248,183	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$31,573,834	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$16,913,670	BOYAmt
EOY	$17,004,492	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$13,905,561	BOYAmt
EOY	$63,551,077	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,193,091	BOYAmt
EOY	$2,247,147	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$1,158,875	BOYAmt
EOY	$1,437,050	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$521,119,636	BOYAmt
EOY	$612,598,423	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$782,402	BOYAmt
EOY	$824,539	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$42,941,245	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$16,396,952	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$22,344,593	BOYAmt
EOY	$26,544,293	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$31,513,738	BOYAmt
EOY	$74,331,126	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$13,482	BOYAmt
EOY	$12,795	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,118,537	BOYAmt
EOY	$4,384,279	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$7,699,497	BOYAmt
EOY	$16,759,170	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$620,763,082	BOYAmt
EOY	$819,694,391	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$9,076,568	BOYAmt
EOY	$9,775,879	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$545,000,922	BOYAmt
EOY	$720,672,666	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$554,077,490	BOYAmt
EOY	$730,448,545	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$66,685,592	BOYAmt
EOY	$89,245,846	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$66,685,592	BOYAmt
EOY	$89,245,846	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$620,763,082	BOYAmt
EOY	$819,694,391	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$2,859,102	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$19,701,152	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$5,994	PoliticalExpendituresAmt
Expended527 Activities	$5,994	Expended527ActivitiesAmt
Total Exempt Function Expend	$5,994	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (1)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNION LEGISLATIVE ACTION FUND	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	18000 INTERNATIONAL BLVD SUITE 350	AddressLine1Txt
City	SEATAC	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98188	ZIPCd

Field	Value	IRS element (for citing)
EIN	800043051	EIN
Paid Internal Funds	$5,994	PaidInternalFundsAmt
Contributions Rcvd Dlvr	$1,645	ContributionsRcvdDlvrAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I-A, Line 1:	FormAndLineReferenceDesc
Explanation	The credit union's only indirect political campaign activity is a contribution to the Credit Union Legislative Action Committee.	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,020,454	OtherCostOrOtherBasisAmt
Book Value	$7,020,454	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$22,809,270	OtherCostOrOtherBasisAmt
Depreciation	$5,441,886	DepreciationAmt
Book Value	$17,367,384	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$991,039	OtherCostOrOtherBasisAmt
Depreciation	$829,860	DepreciationAmt
Book Value	$161,179	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,120,482	OtherCostOrOtherBasisAmt
Depreciation	$10,125,206	DepreciationAmt
Book Value	$1,995,276	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$26,544,293	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (9 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
CERTIFICATES OF DEPOSIT	$56,400,377	C
NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT	$6,748,240	C
CMO SECURITIES	$1,132,252	C
HMBS INVESTMENTS	$3,175,221	C
FEDERAL AGENCY SECURITIES	$2,001,098	C
FHLB CAPITAL STOCK	$1,145,000	C
NPCU Investment	$1,689,057	C
CUIS Investment	$479,960	C
CLF Membership Stock	$1,559,921	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$74,331,126	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
MEMBER SHARES & DEPOSITS	$710,672,666
FHLB ADVANCES	$10,000,000

Field	Value	IRS element (for citing)
Total Liability	$720,672,666	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$34,257,892	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$34,257,892	RevenueSubtotalAmt
Other Revenues Not Included	$175,044	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$175,044	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$34,432,936	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$31,398,790	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$31,398,790	ExpensesSubtotalAmt
Other Expenses Not Included	$175,044	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$175,044	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$31,573,834	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part X, Line 2:	THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION DESCRIBED IN INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (AS DEFINED IN SECTION 512) DERIVED BY STATE-CHARTERED CREDIT UNIONS. THE SPECIFIC APPLICATION OF SECTION 512 TO THE VARIOUS ACTIVITIES CONDUCTED BY STATE-CHARTERED CREDIT UNIONS HAS BEEN AT ISSUE FOR MANY YEARS. THE INTERNAL REVENUE SERVICE ("IRS") HAS ISSUED A SERIES OF TECHNICAL ADVICE MEMORANDA ("TAM") TO A NUMBER OF STATE-CHARTERED CREDIT UNIONS LOCATED THROUGHOUT THE COUNTRY. IN THESE TAMS, THE IRS RULED CERTAIN PRODUCTS AND SERVICES TO BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN LIGHT OF THE TAMS, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND ANY POTENTIAL FEDERAL INCOME TAX LIABILITY. THE CREDIT UNION FILES IRS FORMS 990 AND 990-T, AS APPLICABLE AND MEASURES AND RECOGNIZES THE IMPLICATIONS OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS ON AN ONGOING BASIS IN ACCORDANCE WITH INCOME TAX GUIDANCE. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AND NO ADJUSTMENTS TO ITS FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS RELATED TO UNCERTAIN TAX POSITIONS TAKEN FOR THE YEAR ENDED DECEMBER 31, 2015 AND 2014. THE CREDIT UNION'S MOST RECENT EXAM COMPLETED BY THE INTERNAL REVENUE SERVICE COVERED TAX YEARS ENDING DECEMBER 31, 2008 AND 2009, RESPECTIVELY. THE CREDIT UNION IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR 12 MONTHS PRIOR TO DECEMBER 31, 2012. IF ASSESSED, THE CREDIT UNION RECOGNIZES PENALTIES AND INTEREST ASSOCIATED WITH TAX MATTERS AS PART OF OPERATING EXPENSES.
Part XI, Line 4b - Other Adjustments:	Rental Income Net of Expenses 122,369. Gain on Sale of Assets 52,675.
Part XII, Line 4b - Other Adjustments:	Rental Income Net of Expenses 122,369. Gain on sale of Assets 52,675.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS TO INDIVIDUALS OF WHICH NONe RECEIVED MORE THAN $5,000	GrantTypeTxt
Recipient	3	RecipientCnt
Cash Grant	$3,050	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION KEEPS RECEIPTS OR DOCUMENTATION FOR EACH SPONSORED EVENT. THE ORGANIZATION HAS A POLICY AND SET OF BY-LAWS FOR THE COMMUNITY OUTREACH COMMITTEE TO FOLLOW WHEN APPROVING EXPENDITURES FOR EVENTS. THE COC IS ASSIGNED BY SENIOR MANAGEMENT A BUDGETED EXPENDITURE AMOUNT FOR EACH YEAR. The donations were made to known local charitable organizations and therefore no further monitoring is done to ensure that the funds are not used outside the U.S.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEFF ADAMS
CEO/President	$297,689	$0	$29,196	$0	$38,730	$0	$288,929	$0	$24,945	$0	$679,489	$0	$0	$0
DEBORAH PARELIUS
CFO/VP Finance & Acct.	$169,313	$0	$17,600	$0	$1,169	$0	$14,612	$0	$9,442	$0	$212,136	$0	$0	$0
MARK NEUMANN
COO/VP Retail Delivery	$165,230	$0	$16,073	$0	$219,130	$0	$21,200	$0	$7,642	$0	$429,275	$0	$136,675	$0
GREG ROBINSON
VP Information Services	$126,165	$0	$12,725	$0	$17,500	$0	$11,789	$0	$9,404	$0	$177,583	$0	$0	$0
BRIAN GRYTDAL
VP Marketing	$119,171	$0	$12,069	$0	$21,628	$0	$13,346	$0	$23,480	$0	$189,694	$0	$0	$0
JODIE OLSON
VP Human Resources	$119,182	$0	$10,641	$0	$6,000	$0	$11,069	$0	$12,068	$0	$158,960	$0	$0	$0
Judy Kiely
Regional Dir, Corp Integration	$148,774	$0	$0	$0	$11,642	$0	$13,720	$0	$2,100	$0	$176,236	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part I, Line 1a	The Credit Union reimburses limited actual expenses for spousal travel of Board members, Supervisory Committee members, the CEO, and Senior Managers. This is only for travel related to Credit Union business. The reimbursements are not taxable compensation.
Part I, Line 4b	JEFF ADAMS, CEO, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT EARNED IN 2015 WAS $268,164. MARK NEUMANN, COO & VP OF RETAIL DELIVERY, RECEIVED A DISTRIBUTION FROM A RETIREMENT PLAN THAT WAS REPORTED AS DEFERRED ON PRIOR FORMS 990. THE AMOUNT RECEIVED IN 2015 WAS $200,000.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
MARK NEUMANN
VICE PRESIDENT	Executive Compensation	Yes (X)	$277,050	$277,050	0	Yes (1)	Yes (1)
Deborah Parelius
Chief Financial Officer	Executive Compensation	Yes (X)	$1,160,000	$1,160,000	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$1,437,050	TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part II, Line (C) Additional Explanation:	FormAndLineReferenceDesc
Explanation	Executive Compensation under a split-dollar life insurance arrangement that is treated as a split-dollar loan under Treasury Regulations Section 1.7872-15.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	Entity has members who elect members of the board.
Form 990, Part VI, Section A, line 7a	Entity has one class of members.
Form 990, Part VI, Section A, line 7b	Entity has members who have rights to ratify decisions of the governing body.
Form 990, Part VI, Section B, line 11	The CFO reviews the Form 990 and will make a complete copy of it available to the Board at the November 2016 Board meeting.
Form 990, Part VI, Section B, line 15	CEO salary ranges are prepared by Human Resources based on industry comparability data and review by the compensation committee. The compensation committee is comprised of volunteer board members. CEO performance is assessed and salary trends are reviewed by compensation committee to determine appropriate salary. The salary recommendation is then presented to the full board of directors for final review and approval. Senior manager's salary ranges are prepared by Human Resources based on industry comparability data and reviewed by the CEO and the compensation committee. Performance is assessed and salary trends are reviewed by CEO to determine relevant salaries. Every few years the compensation data and process is reviewed by an outside consultant.
Form 990, Part VI, Section C, line 18	The Organization makes its form 990 available upon request.
Form 990, Part VI, Section C, line 19	The organization does not make available to the public the organization's governing documents or conflict of interest policy. The organization publishes their monthly financial statements at each branch, and their quarterly financial statements are published on the NCUA website. The organization's annual report is available on their website.
Form 990, Part XI, line 9:	Equity Acquired in Merger 19,701,152.