Northwest Community Credit Union: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- Northwest Community Credit Union (EIN 93-0389726)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-04-14
- IRS object ID
- 201431049349301023
- Schema version
- 2013v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-04-14T11:23:31-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930389726 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWEST COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 5417449437 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 70225 | AddressLine1 |
| City | Springfield | City |
| State | OR | State |
| ZIP Code | 97475 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Patrick Force | PersonNm |
| Person Title | CFO / VP Finance | PersonTitleTxt |
| Phone | 5417449430 | PhoneNum |
| Signature | 2013-12-28 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John Iglesias | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 70225 | AddressLine1 |
| City | Springfield | City |
| State | OR | State |
| ZIP Code | 97475 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,305,192 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.nwcu.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1949 | FormationYr |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Activity Or Mission | Focus on the member, add value, build partnerships | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 338 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $100,237 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $100,237 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $42,987,247 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,254,458 | CYProgramServiceRevenueAmt |
| PY Investment Income | $598,069 | PYInvestmentIncomeAmt |
| CY Investment Income | -$127,828 | CYInvestmentIncomeAmt |
| PY Other Revenue | $40,237 | PYOtherRevenueAmt |
| CY Other Revenue | $76,127 | CYOtherRevenueAmt |
| PY Total Revenue | $43,625,553 | PYTotalRevenueAmt |
| CY Total Revenue | $46,202,757 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,481,395 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,609,014 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $22,604,534 | PYOtherExpensesAmt |
| CY Other Expenses | $22,147,459 | CYOtherExpensesAmt |
| PY Total Expenses | $38,085,929 | PYTotalExpensesAmt |
| CY Total Expenses | $39,756,473 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,539,624 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,446,284 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $766,049,603 | TotalAssetsBOYAmt |
| Total Assets EOY | $831,028,818 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,991,389 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,380,526 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $761,058,214 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $824,648,292 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Focus on the member, add value, build partnerships | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Add value and build partnerships with members by providing loans for housing, vehicles, and other needs. Use funds provided by deposit accounts to fund these loans. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Add value and build partnerships with members by providing deposit accounts including savings, checking, and time deposits. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Add value and build partnerships with members by providing Individual Retirement Accounts for member retirement. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| 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 | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | 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 | 0 | 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 | 38449 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 338 | 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Patrick Force | PersonNm |
| Phone | 5417449430 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3660 Gateway Street | AddressLine1 |
| City | Springfield | City |
| State | OR | State |
| ZIP Code | 97477 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Barbara Blackmore | |||||||||
| Director - Chairperson of the Board | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Brad Anderson | |||||||||
| Director - Vice Chairperson of the Board | 4 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Joyce Fish | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Judy Shurts | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jan Blankenship | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| David Rainwater | |||||||||
| Director | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Richard Leung | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Nancy Sikora | |||||||||
| Supervisory Committee | 4 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Barry Houk | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Roxanne Gillespie | |||||||||
| Director | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Dean Trotter | |||||||||
| Supervisory Committee Chairperson | 3 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John Iglesias | |||||||||
| Chief Executive Officer | 40 | 0 | $438,310 | $0 | $163,653 | Yes (X) | |||
| Pat Force | |||||||||
| Chief Financial Officer | 40 | 0 | $192,035 | $0 | $35,521 | Yes (X) | |||
| Bill Woods | |||||||||
| Chief Lending Officer | 40 | 0 | $175,954 | $0 | $30,479 | Yes (X) | |||
| Matt Purvis | |||||||||
| Former Chief Xperience Officer | 40 | 0 | $33,662 | $0 | $2,765 | Yes (X) | |||
| Kim Woodward | |||||||||
| Former Chief Administrative Officer | 40 | 0 | $184,054 | $0 | $20,761 | Yes (X) | |||
| Brent Gifford | |||||||||
| Chief Information Officer | 40 | 0 | $165,327 | $0 | $47,786 | Yes (X) | |||
| David Driskill | |||||||||
| Supervisory Committee Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Qing Lu | |||||||||
| Supervisory Committee Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Scott B Smith | |||||||||
| Chief Experience Officer | 40 | 0 | $153,614 | $0 | $15,152 | Yes (X) | |||
| Melissa Vigil | |||||||||
| Chief Administrative Officer | 40 | 0 | $100,223 | $0 | $21,959 | Yes (X) | |||
| Rex Fox | |||||||||
| Director of Operations | 40 | 0 | $107,466 | $0 | $17,335 | Yes (X) | |||
| Jon Mainard | |||||||||
| Financial Planner | 40 | 0 | $133,107 | $0 | $21,257 | Yes (X) | |||
| Kate Gardner Lange | |||||||||
| Financial Planner | 40 | 0 | $101,992 | $0 | $16,716 | Yes (X) | |||
| Janette A Griffin | |||||||||
| Regional Manager | 40 | 0 | $100,490 | $0 | $16,576 | Yes (X) | |||
| Trisha A Baker | |||||||||
| Former Branch Manager | 40 | 0 | $198,045 | $0 | $23,289 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,084,279 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $433,249 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Anderson Construction | |||||
| PO Box 6712 | Portland | OR | 97217 | Construction of branch | $1,812,508 |
| Rowell Brokaw Architects PC | |||||
| 1 East Broadway Suite 300 | Eugene | OR | 97401 | Design of branch | $1,150,882 |
| Open Solutions Inc | |||||
| PO Box 416564 | Boston | MA | 02241 | System software support | $885,372 |
| Insight Direct USA | |||||
| PO BOX 731069 | Dallas | TX | 75373 | System software support | $562,561 |
| Hutchinson Cox Coons Orr Serlock PC | |||||
| PO BOX 10886 | Eugene | OR | 97440 | Legal and collection services | $479,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Interest on loans to members | 522130 | $35,123,064 | $35,123,064 | $0 | $0 |
| Member acct and service fees | 522130 | $6,086,353 | $6,086,353 | $0 | $0 |
| Interchange fees and other | 522130 | $5,045,041 | $5,045,041 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,254,458 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$153,887 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$153,887 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $40,148 | RealAmt |
| Personal | $9,000 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $13,435 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $26,713 | RealAmt |
| Personal | $9,000 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,713 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $35,713 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $115,059 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $89,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $26,059 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,059 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $26,059 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Business Website and Software | 812900 | $38,465 | $0 | $38,465 | $0 |
| Visa card rebate | 900099 | $1,485 | $1,485 | $0 | $0 |
| Other Rebates | 900099 | $464 | $464 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $40,414 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,202,757 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,102,520 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $100,237 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,409,281 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,629,898 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $657,330 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,745,090 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,167,415 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,230 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,754 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $382,791 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,435,408 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,580,270 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,786,672 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,207,031 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,851 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,463 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,634,935 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,464,631 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,873 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Loan Loss Expense | $2,662,081 |
| Loan Product Expense | $4,827,349 |
| Other Share and Loan Product Expense | $997,520 |
| Personal Property Tax | $36,600 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,756,473 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,923,058 | BOYAmt |
| EOY | $8,006,984 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,106,882 | BOYAmt |
| EOY | $1,789,363 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,161,848 | BOYAmt |
| EOY | $1,557,966 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $659,634,293 | BOYAmt |
| EOY | $728,797,380 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,080,716 | BOYAmt |
| EOY | $1,971,667 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $41,685,457 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,258,416 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,290,399 | BOYAmt |
| EOY | $27,427,041 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,667,395 | BOYAmt |
| EOY | $58,170,824 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,185,012 | BOYAmt |
| EOY | $3,307,593 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $766,049,603 | BOYAmt |
| EOY | $831,028,818 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,941,389 | BOYAmt |
| EOY | $5,080,526 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,050,000 | BOYAmt |
| EOY | $1,300,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,991,389 | BOYAmt |
| EOY | $6,380,526 | 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 | $687,233,600 | BOYAmt |
| EOY | $744,536,232 | 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 | $73,824,614 | BOYAmt |
| EOY | $80,112,060 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,058,214 | BOYAmt |
| EOY | $824,648,292 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $766,049,603 | BOYAmt |
| EOY | $831,028,818 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,446,284 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $403,617 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $56,740,177 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,406,225 | OtherCostOrOtherBasisAmt |
| Book Value | $4,406,225 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $20,761,865 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,070,004 | DepreciationAmt |
| Book Value | $16,691,861 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $480,607 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,905 | DepreciationAmt |
| Book Value | $404,702 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $13,397,428 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,112,507 | DepreciationAmt |
| Book Value | $3,284,921 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,639,332 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $2,639,332 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $27,427,041 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Deposits in commercial banks | $19,812,095 | F |
| Security investments for liquidity | $30,067,799 | F |
| Deposit in NCUSIF - member account insurance fund | $6,984,386 | C |
| FHLB stock | $1,220,800 | C |
| Coop Network Investment for member transaction processing | $58,881 | C |
| Corporate Credit Union stock | $26,863 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $58,170,824 | TotalBookValueProgramRltdAmt |
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 |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Iglesias | ||||||||||||||
| Chief Executive Officer | $330,442 | $0 | $77,903 | $0 | $29,965 | $0 | $136,932 | $0 | $26,721 | $0 | $601,963 | $0 | $0 | $0 |
| Pat Force | ||||||||||||||
| Chief Financial Officer | $165,699 | $0 | $24,930 | $0 | $1,406 | $0 | $14,570 | $0 | $20,951 | $0 | $227,556 | $0 | $0 | $0 |
| Bill Woods | ||||||||||||||
| Chief Lending Officer | $130,477 | $0 | $23,760 | $0 | $21,717 | $0 | $13,372 | $0 | $17,107 | $0 | $206,433 | $0 | $0 | $0 |
| Scott B Smith | ||||||||||||||
| Chief Experience Officer | $132,205 | $0 | $21,408 | $0 | $0 | $0 | $0 | $0 | $15,152 | $0 | $168,765 | $0 | $0 | $0 |
| Brent Gifford | ||||||||||||||
| Chief Information Officer | $142,928 | $0 | $20,160 | $0 | $2,239 | $0 | $12,699 | $0 | $35,087 | $0 | $213,113 | $0 | $0 | $0 |
| Matt Purvis | ||||||||||||||
| Former Chief Xperience Officer | $0 | $0 | $0 | $0 | $33,662 | $0 | $0 | $0 | $2,766 | $0 | $36,428 | $0 | $0 | $0 |
| Kim Woodward | ||||||||||||||
| Former Chief Administrative Officer | $119,380 | $0 | $45,031 | $0 | $19,643 | $0 | $13,013 | $0 | $7,748 | $0 | $204,815 | $0 | $0 | $0 |
| Jon Mainard | ||||||||||||||
| Financial Planner | $36,664 | $0 | $96,443 | $0 | $0 | $0 | $10,189 | $0 | $11,068 | $0 | $154,364 | $0 | $0 | $0 |
| Trisha A Baker | ||||||||||||||
| Former Branch Manager | $33,234 | $0 | $4,082 | $0 | $160,729 | $0 | $14,853 | $0 | $8,436 | $0 | $221,334 | $0 | $0 | $0 |
| Melissa Vigil | ||||||||||||||
| Chief Administrative Officer | $98,045 | $0 | $2,178 | $0 | $0 | $0 | $6,246 | $0 | $15,713 | $0 | $122,182 | $0 | ||
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | Travel for a spouse or companion was sometimes provided by the credit union for executives or directors on business trips. All expenses incurred on behalf of the spouse or companion were totaled for the year and a 1099-misc was issued when appropriate. There is written policy that requires pre-approval, receipts, and documentation. |
| Schedule J, Part I, Line 4 | 1). Trisha Baker, a former Branch Manager, received a severance payout during the year of $155,151 2). Matt Purvis, former CXO, received a severance payout during the year of $30,750 3). John Iglesias, the CEO, will be the recipient of a non-qualified retirement plan that is accruing the will be paid out beginning in 2017 and continuing through 2029. It is based on employment with the organization and is currently 0% vested. The value of this plan is $236,364. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NA | PersonNm |
| Relationship With Org | Please see Schedule L Part V supplemental information | RelationshipWithOrgTxt |
| Loan Purpose | NA | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $1 | OriginalPrincipalAmt |
| Balance Due | $1 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part II | FormAndLineReferenceDesc |
| Explanation | According to IRS 2013 Form 990 Schedule L instruction, "Loans from a credit union made to an interested person on the same terms as offered to other members of the credit union", as one of Exception items, should not be reported on Schedule L Part II. All loans to interested persons of this Form 990 belong to this category, thus loans details are not reported in Part II. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 2 | Two of the directors, Joyce Fish and Judy Shurts are sisters. |
| Form 990, Part VI, Section A, Line 6 | As a credit union we have members who maintain a $5 share account with us. |
| Form 990, Part VI, Section A, Line 7a | The entire membership is allowed to vote once a year to elect directors whose terms have expired. |
| Form 990, Part VI, Section B, Line 11b | The CFO reviews the 990 and the supporting schedules. After that review and before it is filed, the 990 is reviewed by the CEO and the directors. |
| Form 990, Part VI, Section B, Line 12c | All officers and key employees are required yearly to affirm that they have disclosed interests that could give rise to conflicts. Directors are asked initially to disclose any of these interests and are made aware regularly that they must disclose any new interests, but they are not required to do so formally each year. |
| Form 990, Part VI, Section B, Line 15 | A committee of the governing body meets and evaluates comparable compensation data from several sources including Human Resources List Serve, Northwest Financial Industry Survey, and other regional credit unions. The committee assembles an appropriate compensation package which is discussed with and voted on by the entire governing body. Minutes of the meeting are recorded and retained. This process is used to set the CEO's compensation. Other officers' and key employees' salaries are set by the CEO within the budget parameters set by the Executive Leadership Team and approved by the governing body. |
| Form 990, Part VI, Section C, Line 19 | The organization places monthly summarized and yearly detailed financial statements on its website. The governing body documents and conflict of interest policies are available upon request. |
| Form 990, Part XI, Line 9 | Add changes in Assets: Incrase in net loans receivable of $69,559,205; Increase in cash of $2,766,407; Decrease in cash investments of $5,214,566; Decrease in investments of $9,282,005; Increase in fixed assets of $8,136,642; Increase in prepaid and deferred charges of $890,952; Decrease in other assets of $1,877,418. Add changes in Liabilities: Increase in accounts payable of $1,139,138; Increase in borrowing of $250,000. Less Net Income of $6,466,285 and unrealized gain of $403,617 equals the other change in net assets of $56,740,177. |
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