2013-11-13T16:31:25-06:00 2012-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2012-01-01 930251640 ADVANTIS CREDIT UNION ADVA 5037852528 10501 SE MAIN STREET MILWAUKIE OR 97222 LAURIE WILSON 5037852528 2013-11-08 1 WENDY CAMPOS P00448102 5032421447 2012 2016-02-24 21:20:13Z JAKE JENSEN 10501 SE MAIN STREET MILWAUKIE OR 97222 52774412 0 X WWW.ADVANTISCU.ORG X 1928 OR PROVIDING FINANCIAL SERVICES TO MEMBERS 9 9 186 16 737821 5360 0 0 35832261 42721799 3736422 3130966 104542 6040 39673225 45858805 70131 100902 0 0 8299370 10330052 0 0 0 25265789 21074388 33635290 31505342 6037935 14353463 864529660 987827326 783469456 890988489 81060204 96838837 X TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. 0 0 THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO 49,491 MEMBERS. SERVICES INCLUDE SHARE DEPOSITS AND LOANS TO MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 21450 0 1 186 1 1 1 0 0 0 0 0 X 9 9 1 0 0 0 1 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X LAURIE WILSON 5037852528 10501 SE MAIN STREET MILWAUKIE OR 97222 JAKE JENSEN 2.00 X X 0 0 0 PATRICK HAGER 2.00 X X 0 0 0 AMANDA OWINGS 2.00 X X 0 0 0 CAROLYN BENOLKEN 2.00 X 0 0 0 GREG CARLSON 2.00 X 0 0 0 RENEE HALPERN 2.00 X 0 0 0 ROGER HEDIGER 2.00 X 0 0 0 JOHN HREN 2.00 X 0 0 0 BOB PEARSON 2.00 X 0 0 0 JOSH ROBERTS 2.00 X 0 0 0 TAMMY TESKE 2.00 X 0 0 0 BOB CORWIN 40.00 X 70945 0 1840 RON BARRICK 40.00 X 3510853 0 63132 LAURIE WILSON 40.00 X 187036 0 50308 WENDY EDWARDS 40.00 X 189083 0 32936 TIM CLOUSE 40.00 X 181040 0 39273 CHRIS ANDERSON 40.00 X 218116 0 29275 PATRICK HUEY 40.00 X 178699 0 39735 JERI MAHER 40.00 X 161311 0 8556 KIMBERLY LIU 40.00 X 125467 0 10061 CAROLYN KORSKI 40.00 X 117918 0 20206 4940468 0 295322 9 0 1 0 LOOMIS PO BOX 94600 SEATTLE WA 98124 ATM CASH SERVICES 261860 SECONDARY MARKETING RESOURCES 55 COTTAGE ST WELLESLEY MA 02482 MORTGAGE SALE CONTRACTS 198815 ACCOUNTEMPS PO BOX 743295 LOS ANGELES CA 90074 CONTRACT LABOR 177863 DIEBOLD PO BOX 643543 PITTSBURGH PA 15264 ATM MAINTENANCE 156526 KGW PO BOX 731253 DALLAS TX 75373 TELEVISION ADVERTISING 139600 10 INTEREST ON LOANS 522100 32814806 32814806 MORTGAGE BANKING REVENUE 522100 4782918 4782918 SERVICE CHARGES & FEES 522100 4225500 4174598 50902 OTHER INCOME 522100 898575 344933 553642 42721799 2678536 133277 2545259 6040 0 6040 6040 6040 5046856 2321181 5010083 1905524 36773 415657 452430 419143 33287 45858805 42536398 737821 2584586 80902 20000 4573839 2614824 728165 1680567 732657 115846 85778 20400 659925 687664 871070 2096024 771252 171641 302470 8982625 1432674 154483 VISA/ATM EXPENSE 1606917 LENDING EXPENSE 1567246 NCUA ASSESSMENTS 520666 TAXES ON UBI -16572 1044279 31505342 3356577 66278276 39101861 12292000 638238849 738928928 565202 502116 17482795 7930137 9764590 9552658 130437050 94677305 5074400 5098500 37991131 60497543 864529660 987827326 6897392 4763041 10000000 20000000 766572064 866225448 783469456 890988489 X 0 0 0 0 81060204 96838837 81060204 96838837 864529660 987827326 X 14353463 1441736 -16566 X 0 1 X 1 0 30000 0 0 30000 30000 1 CREDIT UNION LEGISLATIVE ACTION FUND 8205 SW CREEKSIDE PLACE 220 BEAVERTON OR 97008 800043051 30000 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS CONTRIBUTIONS TO THE CREDIT UNION LEGISLATIVE ACTION FUND. 447379 447379 8465126 1890092 6575034 2174382 965031 1209351 6395908 5075014 1320894 9552658 LOANS HELD FOR SALE 24485822 OTHER ASSETS 3869933 NATIONAL CREDIT UNION SHARE INSURANCE FUND 7608640 ACCRUED INTEREST RECEIVABLE 2622624 MORTGAGE SERVICING RIGHTS 2827239 CREDIT UNION-OWNED LIFE INSURANCE 19083285 60497543 MEMBERS' SHARES 866225448 866225448 X 45842239 0 45842239 16566 16566 45858805 31505342 0 31505342 0 31505342 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2012 AND 2011. ADDITIONALLY, THE CREDIT UNION RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS AN ADMINISTRATIVE EXPENSE. HOWEVER, DURING THE YEARS ENDED DECEMBER 31, 2012 AND 2011, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: PASSTHROUGH BOOK/TAX DIFFERENCE 1 POTLUCK IN THE PARK PO BOX 12443 PORTLAND OR 97212 931212531 501(C)(3) 7037 PURCHASE OF FOOD SERVICE EQUIPMENT FRIENDS OF THE CHILDREN 44 NE MORRIS ST PORTLAND OR 97212 931098105 501(C)(3) 28500 PURCHASE OF NEW COMPUTERS AND SCHOLARSHIP FUND PORTLAND RESCUE MISSION 1507 NE 112ND AVE PORTLAND OR 97230 930429004 501(C)(3) 8500 PURCHASE OF NEW COMPUTERS BIG BROTHERS BIG SISTERS COLUMBIA NW 1827 NE 44TH AVE 100 PORTLAND OR 97213 931303640 501(C)(3) 6000 PURCHASE OF NEW COMPUTERS 4 0 COLLEGE SCHOLARSHIPS 14 20000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOARD OF DIRECTORS REVIEWS AND APPROVES LARGE DONATIONS MADE TO ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVES AN ANNUAL BUDGET FOR COLLEGE SCHOLARSHIPS, AND THERE IS A SCHOLARSHIP COMMITTEE THAT INTERVIEWS CANDIDATES AND DECIDES HOW THE MONEY WILL BE USED. CANDIDATES SUBMIT AN APPLICATION, WRITE AN ESSAY AND MUST MEET MINIMUM GPA REQUIREMENTS. X 1 1 X X X 0 1 0 RON BARRICK 3245117 0 260660 0 5076 0 47000 0 16132 0 3573985 0 0 0 LAURIE WILSON 158988 0 34122 0 -6074 0 34251 0 16057 0 237344 0 0 0 WENDY EDWARDS 161686 0 34279 0 -6882 0 20899 0 12037 0 222019 0 0 0 TIM CLOUSE 153436 0 32994 0 -5390 0 24534 0 14739 0 220313 0 0 0 CHRIS ANDERSON 175591 0 49253 0 -6728 0 15803 0 13472 0 247391 0 0 0 PATRICK HUEY 110000 0 0 0 68699 0 28121 0 11614 0 218434 0 0 0 JERI MAHER 58287 0 66351 0 36673 0 8240 0 316 0 169867 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - OCCASIONAL AIRFARE FOR SPOUSES ON CREDIT UNION OFFICIAL BUSINESS. PART I, LINE 4B RON BARRICK, RETIRING CEO OF THE CREDIT UNION, RECEIVED A DISTRIBUTION OF $2,552,265 FROM A SUPPLEMENT NONQUALIFIED RETIREMENT PLAN. SUSAN ANDERSON SUSAN IS THE WIFE OF A FORMER KEY EMPLOYEE OF THE CREDIT UNION. 123090 THE CREDIT UNION PAID SUSAN FOR CONTRACT LOAN UNDERWRITING SERVICES. 0 CINDY BARRICK CINDY IS THE WIFE OF THE FORMER CEO OF THE CREDIT UNION. 17075 THE CREDIT UNION COMPENSATED CINDY AS AN EMPLOYEE. 0 FORM 990, PART VI, SECTION A, LINE 2 RON BARRICK, FORMER CEO, AND TAMMY TESKE, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE IN ANNUAL ELECTIONS OF MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS THOROUGHLY REVIEWED BY THE CFO AND CONTROLLER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR CEO: THE BOARD OF DIRECTORS REVIEWS AN ANNUAL THIRD PARTY SALARY SURVEY FOR THE CEO POSITION AND SETS AN UPDATED SALARY RANGE. COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES: THIRD PARTY SURVEYS ARE OBTAINED FOR ALL STAFF ON AN ANNUAL BASIS. SALARY RANGES FOR THESE POSITIONS ARE PREPARED BY THE VP OF HUMAN RESOURCES AND APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: PASSTHROUGH BOOK/TAX DIFFERENCE -16,566.