CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0440744)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201313199349306411
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T12:58:49-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411944416 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL SUITE 1100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910440744 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREDIT UNIONS IN THE STATE OF WASHINGTON | BusinessNameLine1 |
| Business Name Line2 | TWINSTAR CREDIT UNION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CRED | NameControl |
| Phone | 3603579911 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1 |
| City | OLYMPIA | City |
| State | WA | State |
| ZIP Code | 98507 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIM PETERSON | Name |
| Title | CFO | Title |
| Phone | 3603579911 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GERALD B KISSELL | Name |
| PTIN | P00092658 | PTIN |
| Phone | 6123324300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFF KENNEDY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1 |
| City | OLYMPIA | City |
| State | WA | State |
| ZIP Code | 98507 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 148227628 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.TWINSTARCU.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | WA | StateLegalDomicile |
| Activity Or Mission Description | TWINSTAR CREDIT UNION WAS ORIGINALLY ORGANIZED ON NOVEMBER 8, 1937 AND INCORPORATED ON JANUARY 3, 1938 AS THURSTON COUNTY TEACHERS CREDIT UNION. THE CREDIT UNION WAS FORMED WITH THE PURPOSE OF PROVIDING THE BEST POSSIBLE FINANCIAL SERVICES AT THE LOWEST POSSIBLE COST. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 399 | TotalNbrEmployees |
| Total Nbr Volunteers | 39 | TotalNbrVolunteers |
| Total Gross UBI | 572814 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -47326 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 54629743 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 55936057 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6451899 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6321308 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 120000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 61201642 | TotalRevenuePriorYear |
| Total Revenue Current Year | 62257365 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 82861 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 120317 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 7244261 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 6267683 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19917089 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21632399 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 27572016 | OtherExpensePriorYear |
| Other Expenses Current Year | 28611279 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54816227 | TotalExpensesPriorYear |
| Total Expenses Current Year | 56631678 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6385415 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5625687 | RevenuesLessExpensesCY |
| Total Assets BOY | 781351687 | TotalAssetsBOY |
| Total Assets EOY | 831339299 | TotalAssetsEOY |
| Total Liabilities BOY | 705636330 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 750028107 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 75715357 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 81311192 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TWINSTAR CREDIT UNION HELPS OUR MEMBERS GET AHEAD FINANCIALLY BY PROVIDING A VARIETY OF FINANCIAL SERVICES THAT CREATE RELATIONSHIPS AND FEATURE EXCEPTIONAL BENEFITS AND ADVANTAGES. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Description | SHARE ACCOUNTS: TWINSTAR SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. TWINSTAR HAD 95,718 MEMBER-OWNER ACCOUNTS ON DECEMBER 31, 2012. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATMS WORLDWIDE. SPECIAL SAVINGS ACCOUNTS ARE DESIGNED FOR CHILDREN AND TEENAGERS TO ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHECKING ACCOUNTS: TWINSTAR PROVIDES CHECKING ACCOUNTS FOR CONSUMERS WITH VARIOUS FEATURES, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, TWINSTAR EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. 60.45% OF TWINSTAR MEMBERS HAVE A CHECKING ACCOUNT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONSUMER LOANS: TWINSTAR CREDIT UNION HAS PROVIDED VEHICLE LOANS SINCE ITS EARLY YEARS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES, BOATS AND MOTORCYCLES. TWINSTAR ALSO OFFERS VISA CREDIT CARDS TO MEMBERS. THIS PRODUCT LINE SATISFIES MEMBERS DIVERSE BORROWING NEEDS, FROM A SHARE SECURED CARD TO A CREDIT LINE FOR YOUNG BORROWERS TO A CARD WITH LARGER CREDIT LINES AND LOW INTEREST RATES. TWINSTAR ALSO OFFERS HOME EQUITY/REAL ESTATE LOANS AND BUSINESS LOANS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26266 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 399 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIM PETERSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3609234408 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1 |
| City | OLYMPIA | City |
| State | WA | State |
| ZIP Code | 98507 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| SCOTT HORNER | ||||||||
| BOARD CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| GAYLA GJERTSEN | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| RHODETTA SEWARD | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| RON HASTIE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ERIK KUPKA | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN PARR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOANNE SANFORD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| STEVE VENABLES | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KIM MARTIN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARSHALL ELLISON | ||||||||
| CEO | 40.00 | X | 5077273 | 0 | 21572 | |||
| JEFF KENNEDY | ||||||||
| PRESIDENT/CEO/TREASURER | 40.00 | X | 279866 | 0 | 47601 | |||
| KIMBERLY PETERSON | ||||||||
| VP CHIEF FINANCIAL OFFICER | 40.00 | X | 94994 | 0 | 12856 | |||
| DAVID RECENIELLO | ||||||||
| CFO (TERM JAN 2012) | 40.00 | X | 3129 | 0 | 785 | |||
| JOHN JOHNSON | ||||||||
| SVP/CUSOS & TECHNOLOGY | 40.00 | 694070 | 0 | 24700 | X | |||
| BECKY BREEN | ||||||||
| VP CHIEF RETAIL OFFICER | 40.00 | 383687 | 0 | 36463 | X | |||
| JAN SUESS | ||||||||
| VP ADMIN SUPPORT SERVICES | 40.00 | 377482 | 0 | 32551 | X | |||
| JOLEE ROBERTS | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | 215042 | 0 | 20476 | X | |||
| SCOTT DAUKAS | ||||||||
| VP CHIEF OP OFFICER | 40.00 | 142573 | 0 | 51844 | X | |||
| MARK HEGG | ||||||||
| MORTGAGE LOAN MANAGER | 40.00 | 130824 | 0 | 15465 | X | |||
| MATT DEVLIN | ||||||||
| VP MARKETING/BUSINESS DEVELOPMENT | 40.00 | 128437 | 0 | 44205 | X | |||
| MARY SPUCK | ||||||||
| VP CHIEF ADMINSTRATIVE OFFICER | 40.00 | 123098 | 0 | 22908 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 7650475 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 331426 | TotalOtherCompensation |
| Number Individuals GT100 K | 16 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CUSTOM INC | |||||
| 6004 CAPITOL BLVD S | TUMWATER | WA | 98501 | DATA PROCESSING, COURIER | 1657201 |
| DIEBOLD INCORPORATED | |||||
| PO BOX 643543 | PITTSBURGH | PA | 15264 | ATM MAINTENANCE. ALARM MONITORING | 823888 |
| SETTLEMENT ONE | |||||
| 2605 CAMINO DEL RIO S 4TH FLOOR | SAN DIEGO | CA | 92108 | APPRAISAL SERVICES | 544364 |
| DANIELS-BROWN COMMUNICATIONS | |||||
| 2516 CEDAR PARK LOOP SE | OLYMPIA | WA | 98501 | ADVERTISING/CREATIVE SERVICES | 302945 |
| BANCVUE LTD | |||||
| 4516 SETON CENTER PRKWY STE 300 | AUSTIN | TX | 78759 | CHECKING PROGRAM MAINTENANCE | 288000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 15 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | 31955293 | 31955293 | |
| FEES AND CHARGES | 522100 | 17534944 | 16962130 | 572814 |
| VISA/INTERCHANGE INCOME | 522100 | 6392223 | 6392223 | |
| OTHER INCOME | 522100 | 53597 | 53597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 55936057 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1940547 | TotalRevenueColumn |
| Exclusion | $1,940,547 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 90351024 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 85970263 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4380761 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4380761 | TotalRevenueColumn |
| Exclusion | $4,380,761 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62257365 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55363243 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 572814 | UnrelatedBusinessRevenue |
| Exclusion | $6,321,308 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68989 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51328 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6267683 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7087028 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9768136 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 518246 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3083755 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1175234 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58478 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201378 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3495277 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1208555 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3645854 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1880957 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2263845 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217583 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617111 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167715 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2453715 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303773 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 5311784 |
| MEMBER SERVICES | 4172046 |
| REO EXPENSE/LOSS | 1006306 |
| LOAN SERVICING EXPENSES | 808026 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 798787 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56631678 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92694753 | BOY |
| EOY | 82084741 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3249239 | BOY |
| EOY | 2829819 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 519359326 | BOY |
| EOY | 549486151 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48309570 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 19953767 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29414555 | BOY |
| EOY | 28355803 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87739671 | BOY |
| EOY | 114163378 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19246740 | BOY |
| EOY | 22927058 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29647403 | BOY |
| EOY | 31492349 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 781351687 | BOY |
| EOY | 831339299 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12631461 | BOY |
| EOY | 12304873 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3061612 | BOY |
| EOY | 2594358 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 689943257 | BOY |
| EOY | 735128876 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 705636330 | BOY |
| EOY | 750028107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75715357 | BOY |
| EOY | 81311192 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75715357 | BOY |
| EOY | 81311192 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 781351687 | BOY |
| EOY | 831339299 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5625687 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 434777 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -464629 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6210917 | OtherCostOrOtherBasis |
| Book Value | 6210917 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24733015 | OtherCostOrOtherBasis |
| Depreciation | 8234360 | Depreciation |
| Book Value | 16498655 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3535470 | OtherCostOrOtherBasis |
| Depreciation | 1879602 | Depreciation |
| Book Value | 1655868 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13830168 | OtherCostOrOtherBasis |
| Depreciation | 9839805 | Depreciation |
| Book Value | 3990363 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28355803 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SHAREHOLDER DEPOSITS | $733,729,296 |
| DEFERRED COMPENSATION LIABILITIES | $1,399,580 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 735128876 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 62257365 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 62257365 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 62257365 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 56631678 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 56631678 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 56631678 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART IV, LINE 2B: | ReturnReference |
| Explanation | WHEN OUR MORTGAGE SERVICER (MS) RECEIVES LOAN PAYMENT FROM OUR MEMBERS, THEY REMIT THE FUNDS TO THE CU VIA ACH. THE FUNDS ARE HELD IN A CUSTODIAL ACCOUNT AND ARE APPLIED TO THE APPROPRIATE GENERAL LEDGERS AT THE BEGINNING OF THE MONTH. TAXES AND INSURANCE PAYMENTS COLLECTED BY OUR MS ARE ALSO HELD IN A CUSTODIAL ACCOUNT AND PERIODIC WITHDRAWALS ARE MADE AS ESCROW ITEMS ARE PAID. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THREE RIVERS MALL | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 351 THREE RIVERS DRIVE STE 116 | AddressLine1 |
| City | KELSO | City |
| State | WA | State |
| ZIP Code | 98632 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 900750824 | EINOfRecipient |
| Amount Of Cash Grant | 6000 | AmountOfCashGrant |
| Purpose Of Grant | FESTIVAL OF GIVING SPONSORSHIP | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| 2012 CLASSROOM CASH AWARDS | 208 | 25328 |
| 2012 HIGH SCHOOL SCHOLARSHIPS | 18 | 18000 |
| 2012 HIGHER EDUCATION SCHOLARSHIPS | 8 | 8000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE MADE PAYABLE TO THE ACCEPTING EDUCATIONAL INSTITUTIONS. SALES RECEIPTS ARE REQUIRED TO BE SUBMITTED FOR CLASSROOM CASH USAGE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARSHALL ELLISON | ||||||||||||||
| CEO | 227591 | 0 | 0 | 0 | 4849682 | 0 | 15000 | 0 | 6572 | 0 | 5098845 | 0 | 1425893 | 0 |
| JEFF KENNEDY | ||||||||||||||
| PRESIDENT/CEO/TREASURER | 266347 | 0 | 0 | 0 | 13519 | 0 | 35338 | 0 | 12263 | 0 | 327467 | 0 | 0 | 0 |
| JOHN JOHNSON | ||||||||||||||
| SVP/CUSOS & TECHNOLOGY | 191429 | 0 | 0 | 0 | 502641 | 0 | 15000 | 0 | 9700 | 0 | 718770 | 0 | 192109 | 0 |
| BECKY BREEN | ||||||||||||||
| VP CHIEF RETAIL OFFICER | 132918 | 0 | 0 | 0 | 250769 | 0 | 15000 | 0 | 21463 | 0 | 420150 | 0 | 61684 | 0 |
| JAN SUESS | ||||||||||||||
| VP ADMIN SUPPORT SERVICES | 124691 | 0 | 0 | 0 | 252791 | 0 | 15000 | 0 | 17551 | 0 | 410033 | 0 | 71694 | 0 |
| JOLEE ROBERTS | ||||||||||||||
| MORTGAGE LOAN OFFICER | 22474 | 0 | 0 | 0 | 192568 | 0 | 11886 | 0 | 8590 | 0 | 235518 | 0 | 0 | 0 |
| SCOTT DAUKAS | ||||||||||||||
| VP CHIEF OP OFFICER | 142056 | 0 | 0 | 0 | 517 | 0 | 38382 | 0 | 13462 | 0 | 194417 | 0 | 0 | 0 |
| MATT DEVLIN | ||||||||||||||
| VP MARKETING/BUSINESS DEVELOPMENT | 127812 | 0 | 0 | 0 | 625 | 0 | 37177 | 0 | 7028 | 0 | 172642 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS - SPOUSE/DOMESTIC PARTNER EXPENSES WILL BE PAID BY THE CREDIT UNION AND ARE INCLUDED IN THE BUDGET. A 1099-MISC IS ISSUED TO THE BOARD MEMBER PROVIDED THE $600 REPORTING THRESHOLD IS MET. HEALTH OR SOCIAL CLUB DUES - THE CREDIT UNION PURCHASED A GOLF MEMBERSHIP FOR THE CEO, WHICH IS USED TO TAKE VENDORS AND BUSINESS ASSOCIATES GOLFING WHEN THEY ARE IN TOWN. |
| PART I, LINE 4B | THE FOLLOWING EXECUTIVES PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN AND RECIEVED THE FOLLOWING PAYOUTS DURING 2012. MARSHALL ELLISON - $4,755,728 JOHN JOHNSON - $500,000 BECKY BREEN - $250,000 JAN SUESS - $250,000 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | PREFERRED BUSINESS PARTNERSHIP OFFERS SPECIAL MONEY-SAVING SERVICES AND BENEFITS TO BUSINESS MEMBERS SUCH AS FREE HEALTH CARE BENEFITS ANALYSIS, WAIVED ACH MONTHLY FEE, FREE BUSINESS ONLINE BANKING AMONG OTHERS AND WORKPERKS BENEFITS FOR THEIR EMPLOYEES WHICH INCLUDE ONE FREE BOX OF CHECKS UPON OPENING A NEW CHECKING ACCOUNT. |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | CHANGED HOURS OF OPERATIONS: ELIMINATED EARLY MORNING HOURS AND ADDED SATURDAY HOURS FOR OUR MEMBERS' CONVENIENCE. VETERAN'S FAMILY FUND CERTIFICATE - AN INSURED ACCOUNT THAT BENEFITS MILITARY VETERANS AND FAMILIES HAS BEEN DISCONTINUED DUE TO A VERY LOW PARTICIPATION IN THE PROGRAM. THE VISA INSTANT ISSUANCE ALLOWS THE CREDIT UNION TO INSTANTLY PRODUCE AND/OR RE-PIN PLASTIC CARDS. THIS INCLUDES ATM CARDS, DEBIT CARDS, AND ALL CREDIT CARDS. SKIP A PAYMENT PROGRAM FOR FIXED RATE LOANS - CHANGED FROM BEING OFFERED DURING THE HOLIDAYS NOW MEMBERS CAN APPLY FOR IT ONCE A YEAR AT THE TIME THEY SELECT. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE CONTROLLER AND THE CFO. A COPY WILL BE PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO ELECTRONICALLY FILING FORM 990 WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, AT THE ORGANIZATIONAL MEETING, THE DIRECTORS, SUPERVISORY COMMITTEE AND BOARD COMMITTEE MEMBERS REVIEW AND SIGN THE VOLUNTEER CODE OF ETHICS POLICY NO. 116 AND PROCEDURE NO. 1091. EACH SIGNS AN ACKNOWLEDGEMENT AND AGREEMENT, A STATEMENT OF DISCLOSURE, AND A PERSONAL BACKGROUND AND RELATIONSHIPS FORM. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD MEETS IN EXECUTIVE SESSION AND DETERMINES COMPENSATION FOR THE PRESIDENT/CEO BY REVIEWING 1) COMPARABILITY DATA PROVIDED BY A HUMAN RESOURCES VENDOR, 2) THE RESULTS OF MANAGEMENTS GOALS FOR THE YEAR, AND 3) THE RESULTS OF THE PRESIDENT/CEO EVALUATION AND SCORING SHEET COMPLETED BY EACH BOARD DIRECTOR. COMPENSATION FOR VICE PRESIDENTS/OFFICERS IS DETERMINED BY THE PRESIDENT/CEO AFTER REVIEWING COMPARABILITY DATA PROVIDED BY A HUMAN RESOURCES VENDOR AND REVIEW OF THE PROGRESS AND RESULTS OF MANAGEMENTS GOALS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | A. AVAILABILITY AND DISCLOSURE OF CORPORATE RECORDS TO MEMBERS. CREDIT UNION MEMBERS HAVE THE RIGHT TO BE PROPERLY INFORMED OF THE CREDIT UNION OPERATIONS. IN ORDER TO BE PROPERLY INFORMED, THE CREDIT UNION RECOGNIZES THE NEED TO MAKE AVAILABLE TO AND DISCLOSE CERTAIN CREDIT UNION CORPORATE RECORDS UPON REQUEST. CONSISTENT WITH THE ACT AND THEIR FIDUCIARY RESPONSIBILITIES, THE BOARD HAS DEVELOPED THE FOLLOWING GUIDELINES FOR DISCLOSURE OF CREDIT UNION CORPORATE RECORDS THAT FAIRLY BALANCE THE CREDIT UNION MEMBERS' RIGHT TO BE INFORMED AND THE NEED FOR THE CREDIT UNION TO PROTECT CONFIDENTIAL AND PROPRIETARY DOCUMENTS OF THE CREDIT UNION AND PRIVACY INFORMATION OF EMPLOYEES. GUIDELINES FOR REQUESTING CREDIT UNION CORPORATE RECORDS- A MEMBER REQUESTING ANY CREDIT UNION CORPORATE RECORDS MUST SPECIFICALLY IDENTIFY THE DISCLOSABLE RECORDS REQUESTED. THE CREDIT UNION MAY REQUIRE THE MEMBER TO SIGN A CONFIDENTIALITY AGREEMENT TO PROTECT THE CREDIT UNION FROM UNAUTHORIZED DISCLOSURE OF CERTAIN PROPRIETARY INFORMATION (CREDIT UNION RECORDS II-VII LISTED BELOW). B. AVAILABILITY AND DISCLOSURE OF CREDIT UNION CORPORATE RECORDS. UPON A PROPER REQUEST, THE CREDIT UNION WILL MAKE THE FOLLOWING DOCUMENTS AVAILABLE TO MEMBERS: I. ARTICLES AND BYLAWS. (CONFIDENTIALITY AGREEMENT NOT REQUIRED) II. MINUTES OF MEMBERSHIP MEETINGS. III. ANNUAL FINANCIAL REPORT IV. FINANCIAL REPORTS AND FORMS. 5300 CALL REPORTS. FORM 990 (SUBJECT TO THE CREDIT UNION'S DISCLOSURE GUIDELINES FOR FORM 990). V. CODE OF ETHICS. VI. CORPORATE GOVERNANCE POLICIES. CORPORATE GOVERNANCE GUIDELINES FOR MEMBERS MEETINGS AND ACTIONS. MEMBERS RIGHTS POLICY. VII. BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. NAMES, BIOGRAPHICAL INFORMATION, AND COMMITTEE ASSIGNMENTS. C. LIMITED ACCESS TO CREDIT UNION RECORDS. THE CREDIT UNION DOES NOT MAKE ALL CREDIT UNION RECORDS AVAILABLE TO GENERAL MEMBER REQUESTS DUE TO THE CONFIDENTIAL AND PROPRIETARY NATURE OF THE INFORMATION CONTAINED IN THE RECORDS, THE DISCLOSURE OF WHICH WOULD CREATE A COMPETITIVE OR REPUTATION RISK TO THE CREDIT UNION AND AN INVASION OF PRIVACY OF MEMBERS' AND EMPLOYEES' PERSONAL INFORMATION. THE CREDIT UNION CANNOT DISCLOSE MEMBER NAMES OR ACCOUNT INFORMATION OR MAKE AVAILABLE A MEMBERSHIP LIST UNLESS REQUIRED BY LAW. SIMILARLY, THE CREDIT UNION DOES NOT MAKE MINUTES OF BOARD OF DIRECTOR MEETINGS AVAILABLE DUE TO PROPRIETARY, STRATEGIC BUSINESS, AND PRIVATE EMPLOYMENT MATTERS ADDRESSED AT SUCH MEETINGS. MEETINGS OF THE BOARD AND BOARD COMMITTEES ARE OPEN TO THE BOARD MEMBERS, SUPERVISORY COMMITTEE MEMBERS, BOARD COMMITTEE MEMBERS, AND SUCH CREDIT UNION MANAGEMENT AS THE BOARD INVITES TO SUCH MEETINGS. IN ACCORDANCE WITH THE ACT, BOARD AND BOARD COMMITTEE MEETINGS ARE NOT OPEN TO THE GENERAL MEMBERSHIP DUE TO THE STRATEGIC BUSINESS, PRIVATE FINANCIAL AND EMPLOYMENT RELATED INFORMATION DISCUSSED AT SUCH MEETINGS. ALSO, THE CREDIT UNION, AS A MATTER OF LAW, CANNOT DISCLOSE THE CONTENTS OF ANY EMPLOYMENT OR BENEFITS AGREEMENT OF ANY EMPLOYEE INCLUDING THE CEO. THE CREDIT UNION, IN ITS SOLE DISCRETION AND ON A CASE-BY-CASE REQUEST AND DETERMINATION, MAY CONSIDER A SPECIFIC RECORD REQUEST WITH RESPECT TO THE OTHER TYPES OF CREDIT UNION RECORDS BALANCING THE MEMBER'S NEED FOR THE INFORMATION AND THE CREDIT UNION'S NEED TO PROTECT SUCH RECORDS OR INFORMATION FROM DISCLOSURE. THE CREDIT UNION MAY REQUIRE THE MEMBER TO SIGN A CONFIDENTIALITY AGREEMENT TO PROTECT THE CREDIT UNION FROM UNAUTHORIZED DISCLOSURE OF ANY PROPRIETARY INFORMATION. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | RECLASS ADJUSTMENT FOR GAIN ON SALE OF AFS INVESTMENTS -464,629. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PARAGON CONSULTING GROUP FKA FULCRUM CONSULTING LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 711 CAPITOL WAY SOUTH STE 708 | AddressLine1 |
| City | OLYMPIA | City |
| State | WA | State |
| ZIP Code | 98501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260473592 | EIN |
| Primary Activities | CONSULTING | PrimaryActivities |
| Legal Domicile State | WA | LegalDomicileState |
| Total Income | 2122446 | TotalIncome |
| EOY Assets | 873237 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR CREDIT UNION | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREDIT UNION SERVICES THROUGH OPERATIONS MANAGEMENT INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6004 CAPITAL BLVD SOUTH | AddressLine1 |
| City | TUMWATER | City |
| State | WA | State |
| ZIP Code | 98501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911283584 | EIN |
| Primary Activity | DATA PROCESSING | PrimaryActivity |
| Legal Domicile State | WA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWINSTAR CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 1529090 | ShareOfTotalIncome |
| Share Of EOY Assets | 61083 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 1 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| CREDIT UNION SERVICES THROUGH OPERATIONS MANAGEMENT INC | ||
| A | 86365 | ACTUAL AMOUNT |
| CREDIT UNION SERVICES THROUGH OPERATIONS MANAGEMENT INC | ||
| M | 1535248 | ACTUAL AMOUNT |
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