2012-11-15T15:50:03-06:00 2011-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2011-01-01 910576399 IQ CREDIT UNION IQCR 3606953441 1313 MAIN STREET VANCOUVER WA 98660 ROGER MICHAELIS 3606953441 2012-11-14 1 WENDY CAMPOS P00448102 5032421447 2011 2016-02-24 21:20:13Z X ROGER MICHAELIS 1313 MAIN STREET VANCOUVER WA 98660 26962205 0 X WWW.IQCU.COM X 1940 WA TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 9 9 224 27 971581 120213 0 0 26636422 24450982 1432456 1734052 -694751 -145307 27374127 26039727 80336 94133 0 0 8903671 9244677 0 0 0 17464281 13822980 26448288 23161790 925839 2877937 433545031 451327410 404243490 418136707 29301541 33190703 TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 0 0 PROVIDE FINANCIAL SERVICES TO 46,813 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 13340 0 1 224 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X DEWAYNE LEDBETTER 3607593018 1313 MAIN STREET VANCOUVER WA 98660 DR JAMES SORK 1.00 X X 0 0 0 SCOTT BIEBER 1.00 X X 0 0 0 DOUG LEHRMAN 1.00 X X 0 0 0 SHARON EASTMAN 1.00 X 0 0 0 EVIE GRENDAHL 1.00 X 0 0 0 STEVE PORTER 1.00 X 0 0 0 ED MAXWELL 1.00 X 0 0 0 DON KETTERMAN 1.00 X 0 0 0 BILL HOGAN 1.00 X 0 0 0 ROGER MICHAELIS 40.00 X 312379 0 22739 DEWAYNE LEDBETTER 40.00 X 128924 0 5889 RANDY SWANSON 40.00 X 154737 0 5295 ED TURK 40.00 X 139364 0 5625 JIM MORRELL 40.00 X 123061 0 5295 CHRIS O'MALLEY 40.00 X 112731 0 5295 DANETTE LACHAPELLE 40.00 X 110882 0 6051 1082078 0 56189 9 0 1 0 INFOIMAGE 141 JEFFERSON DR MENLO PARK CA 94025 MEMBER STATEMENTS 300296 JACK HENRY & ASSOCIATES INC 663 HWY 60 MONETT MO 65708 SOFTWARE SUPPORT & MAINTENANCE 159606 FARLEIGH WADA WITT 121 SW MORRISON ST SUITE 600 PORTLAND OR 97204 LEGAL SERVICES 126864 3 LOAN INTEREST 522100 15713772 15713772 FEES AND CHARGES 522100 5683127 5683127 OTHER OPERATING INCOME 522100 3054083 2082502 971581 24450982 1473551 1473551 18444 0 18444 18444 18444 1182979 922478 260501 260501 260501 OTHER INCOME/LOSS 522100 -163751 -163751 -163751 26039727 23315650 971581 1752496 88800 5333 469931 6858812 581930 697835 636169 112665 130925 605197 413580 562521 1092708 24435 161037 2064600 1419485 1139319 LOAN LOSS PROVISION 2649930 SHARE DRAFTS 1383745 LOAN SERVICING 1145246 OPERATIONS EXPENSES 733687 183900 23161790 2392106 1978857 39775661 36564842 281597806 265159420 24016 527645 29866980 11993190 18456734 17873790 74821074 108097903 16477634 21124953 433545031 451327410 3205763 4348338 163361 168646 400874366 413619723 404243490 418136707 X 0 0 0 0 29301541 33190703 29301541 33190703 433545031 451327410 X 2877937 1011225 X 0 0 0 0 1 3231279 3231279 12676241 1857947 10818294 5794751 3786376 2008375 6664543 4958969 1705574 1500166 1389898 110268 17873790 779260 F AVAILABLE FOR SALE 100034281 F CREDIT UNIONS AND BANKS 4894000 F OTHER INVESTMENTS 2390362 F 108097903 SHARES/DEPOSITS 413619723 413619723 PART IV, LINE 2B: THE ESCROW ACCOUNT LIABILITY SHOWN ON FORM 990, PART X, LINE 21 IS FOR PROPERTY TAXES AND INSURANCE RELATING TO MEMBER MORTGAGES. 1 OREGON FOOD BANK PO BOX 55730 PORTLAND OR 97238 930785786 501(C)(3) 20000 WATERFRONT BLUES FEST SPONSOR - ELIMINATE HUNGER AND ITS CAUSES BRAVO VANCOUVER PO BOX 118 VANCOUVER WA 98666 911944790 501(C)(3) 15000 VANCOUVER WINE & JAZZ FEST SPONSOR - PROMOTE APPRECIATION OF JAZZ TRADITIONS OREGON CREDIT UNION FOUNDATION PO BOX 1900 BEAVERTON OR 97075 930927709 501(C)(3) 10000 HANK & MOOSE GOLF TOURN SPONSOR - FUND SCHOLARSHIPS AND CHARITABLE ACTIVITIES OF CREDIT UNIONS 3 0 SCHOLARSHIPS 8 5333 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP APPLICANTS SUBMIT AN APPLICATION, AND RECIPIENTS ARE DETERMINED BY A NUMBER OF FACTORS INCLUDING ESSAYS, GRADES AND LETTERS OF RECOMMENDATION, WHICH ARE ALL SCORED. THE HIGHEST-RATED INDIVIDUALS ARE AWARDED SCHOLARSHIPS. X X X 1 1 X X X X 0 1 0 ROGER MICHAELIS 234288 0 58250 0 19841 0 0 0 22739 0 335118 0 0 0 RANDY SWANSON 42527 0 112210 0 0 0 0 0 5295 0 160032 0 0 0 PART I, LINE 4B ROGER MICHAELIS, ED TURK, DEWAYNE LEDBETTER, DANETTE LACHAPELLE AND JIM MORRELL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE CONTRIBUTION FOR 2011 WAS $0. THERE WERE NO DISTRIBUTIONS IN 2011. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AND REGULATORS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CONFLICT OF INTEREST POLICY, AND EMPLOYEES AND VOLUNTEERS (BOARD MEMBERS) ANNUALLLY ACKNOWLEDGE THEY COMPLY WITH ALL CREDIT UNION POLICIES. THE CONFLICT OF INTEREST POLICY OUTLINES STEPS TAKEN BY OFFICIALS WHEN A CONFLICT ARISES, WHICH INCLUDE THE CONFLICTED PARTY ABSTAINING FROM A RELATED VOTING ITEM. EMPLOYEES ARE NOT ALLOWED TO RECEIVE A PERSONAL BENEFIT FROM ANY TRANSACTION WITH A VENDOR, CUSTOMER OR SUPPLIER DOING BUSINESS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 CEO SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND COMMITTEE MINUTES ARE KEPT. TOP MANAGEMENT SALARY IS DETERMINED BY THE CEO USING A THIRD PARTY VENDOR FOR COMPARABILITY. 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 5: OTHER COMPREHENSIVE INCOME (LOSS) 1,011,225. TOTAL TO FORM 990, PART XI, LINE 5: 1,011,225. IQ FOR KIDS PO BOX 1739 VANCOUVER WA 98668 203988310 FUNDRAISING TO SUPPORT CHILDREN'S CHARITIES WA 501(C)(3) IN PROCESS IQ CREDIT UNION 1 CLARK FINANCIAL SERVICES INC PO BOX 1846 VANCOUVER WA 98668 911253818 SERVICE ORG PROVIDING INSURANCE PRODUCTS TO CREDIT UNION MEMBERS WA IQ CREDIT UNION C 3751 879261 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0