ADVANTIS CREDIT UNION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: ADVANTIS CREDIT UNION (EIN 93-0251640)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-10-06
IRS object ID: 202422809349300402
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

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

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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-10-06T11:42:31-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MOSS ADAMS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	805 SW BROADWAY STE 1400	AddressLine1Txt
City	PORTLAND	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97205	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	930251640	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ADVANTIS CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ADVA	BusinessNameControlTxt
Phone	5037852528	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14405 MEYERS ROAD 300	AddressLine1Txt
City	OREGON CITY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97045	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GREG SPEAR	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	5037852528	PhoneNum
Signature	2024-09-27	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WENDY CAMPOS	PreparerPersonNm
PTIN	P00448102	PTIN
Phone	5032421447	PhoneNum
Preparation	2024-09-27	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	GREG SPEAR	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14405 MEYERS ROAD 300	AddressLine1Txt
City	OREGON CITY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97045	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$151,131,814	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.ADVANTISCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1928	FormationYr
Legal Domicile State	OR	LegalDomicileStateCd
Activity Or Mission	PROVIDING FINANCIAL SERVICES TO MEMBERS	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	337	TotalEmployeeCnt
Total Volunteers	17	TotalVolunteersCnt
Total Gross UBI	$858,344	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$113,298	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$70,565,078	PYProgramServiceRevenueAmt
CY Program Service Revenue	$76,968,009	CYProgramServiceRevenueAmt
PY Investment Income	$6,124,343	PYInvestmentIncomeAmt
CY Investment Income	$21,712,876	CYInvestmentIncomeAmt
PY Other Revenue	$1,655	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$76,691,076	PYTotalRevenueAmt
CY Total Revenue	$98,680,885	CYTotalRevenueAmt
PY Grants And Similar Paid	$51,372	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$221,721	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$28,333,614	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$33,962,933	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$36,657,985	PYOtherExpensesAmt
CY Other Expenses	$60,704,018	CYOtherExpensesAmt
PY Total Expenses	$65,042,971	PYTotalExpensesAmt
CY Total Expenses	$94,888,672	CYTotalExpensesAmt
PY Revenues Less Expenses	$11,648,105	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,792,213	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,984,758,504	TotalAssetsBOYAmt
Total Assets EOY	$1,954,971,748	TotalAssetsEOYAmt
Total Liabilities BOY	$1,773,405,527	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,737,782,312	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$211,352,977	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$217,189,436	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO IMPROVE THE FINANCIAL LIVES OF OUR MEMBERS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO 88,620 MEMBERS. SERVICES INCLUDE SHARE DEPOSITS AND LOANS TO MEMBERS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	Yes (1)	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
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
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	187	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	337	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
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREG SPEAR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5037852528	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14405 MEYERS ROAD 300	AddressLine1Txt
City	OREGON CITY	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97045	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
TARUM GUDZ
CHAIR	2.00	Yes (X)	Yes (X)	$18,954	$0	$0
AMANDA OWINGS
VICE CHAIR	2.00	Yes (X)	Yes (X)	$18,537	$0	$0
BRYAN SIMS
SECRETARY/TREASURER, RISK & FINANCE COMMITTEE CHAI	2.00	Yes (X)	Yes (X)	$17,736	$0	$0
RENEE HALPERN
DIRECTOR, NOMINATING COMMITTEE CHAIR	2.00	Yes (X)		$17,417	$0	$0
TAMMY TESKE
DIRECTOR, GOVERNANCE COMMITTEE CHAIR	2.00	Yes (X)		$15,982	$0	$0
FREDERIC DUPEYROUX
DIRECTOR	2.00	Yes (X)		$15,417	$0	$0
JAKE JENSEN
DIRECTOR	2.00	Yes (X)		$15,417	$0	$0
KELLAN DAVIS
AUDIT COMMITTEE MEMBER	2.00	Yes (X)		$15,417	$0	$0
TRACI ROSSI
DIRECTOR, DEI COMMITTEE CHAIR	2.00	Yes (X)		$15,045	$0	$0
LIZ SPEER
AUDIT COMMITTEE MEMBER	2.00	Yes (X)		$14,255	$0	$0
BRANDON LEPLEY
AUDIT COMMITTEE CHAIR	2.00	Yes (X)		$14,215	$0	$0
WILLIAM KNUTHS
AUDIT COMMITTEE MEMBER	2.00	Yes (X)		$13,925	$0	$0
ROSS WESCOTT
AUDIT COMMITTEE MEMBER	2.00	Yes (X)		$13,417	$0	$0
NATHAN MORALES
ASSOCIATE DIRECTOR	2.00	Yes (X)		$7,708	$0	$0
MONIQUE CLAIBORNE
ASSOCIATE DIRECTOR	2.00	Yes (X)		$3,580	$0	$0
PATRICK HAGER
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JASON WERTS
PRESIDENT/CEO	40.00		Yes (X)	$635,812	$0	$40,924
TIMOTHY CLOUSE
SVP / CHIEF TECHNOLOGY OFFICER THRU 10/23	40.00		Yes (X)	$492,461	$0	$33,440
GREG SPEAR
SVP / CHIEF FINANCIAL OFFICER	40.00		Yes (X)	$396,024	$0	$34,849
KELI MYERS
SVP / CHIEF OPERATING OFFICER	40.00		Yes (X)	$383,102	$0	$39,932
CHRISTOPHER GROSHKO
SVP / CHIEF EXPERIENCE OFFICER	40.00		Yes (X)	$364,617	$0	$35,376
JOHN NICHOLS
SVP OF MARKETING	40.00		Yes (X)	$266,574	$0	$25,539
JENNIFER MCMURRAY
VP OF STRATEGY & ADVOCACY	40.00		Yes (X)	$192,514	$0	$13,751
TREVOR HUTCHENS
VP OF LENDING	40.00			$243,102	$0	$35,152	Yes (X)
KELLY SONFLIETH
VP OF PEOPLE & CULTURE	40.00			$245,853	$0	$27,998	Yes (X)
MARY ELLEN LANZISERA
DIRECTOR OF RISK MANAGEMENT	40.00			$202,179	$0	$21,953	Yes (X)
NICOLE WHITE
VP OF DIGITAL BANKING AND REMOTE CHANNELS	40.00			$200,480	$0	$21,825	Yes (X)
CHRIS CHARLTON
VP/CONTROLLER	40.00			$189,166	$0	$27,499	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,028,906	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$358,238	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	64	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
KIRBY NAGELHOUT CONSTRUCTION COMPANY
63049 LOWER MEADOW DR	BEND	OR	97701	CONSTRUCTION	$2,083,658
HEALTHCARE MANAGEMENT ADMINISTRATORS INC
10700 NORTHUP WAY STE 100	BELLEVUE	WA	98004	ADMINISTRATION	$1,665,608
CU COOPERATIVE SYSTEMS INC
9692 HAVEN AVE	RANCHO CUCAMONGA	CA	91730	CREDIT CARD ADMIN	$1,483,541
JOHNSON PROJECT SOLUTIONS INC
919 SW TAYLOR ST STE 800	PORTLAND	OR	97205	CONSTRUCTION	$1,144,619
ALKAMI TECHNOLOGY INC
DEPT 2223 PO BOX 122223	DALLAS	TX	753122223	ONLINE BANKING	$1,054,938

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	33	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOANS	522100	$66,913,146	$66,913,146
INTERCHANGE INCOME	522100	$4,524,596	$4,524,596
SERVICE CHARGES AND FE	522100	$4,288,155	$4,257,297	$30,858
OTHER NON INTEREST INC	522100	$1,717,373	$889,887	$827,486
NET LOSS ON SALE OF LO	522100	-$475,261	-$475,261

Field	Value	IRS element (for citing)
Total Program Service Revenue	$76,968,009	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,768,400	TotalRevenueColumnAmt
Exclusion	$20,768,400	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$53,395,405	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$52,450,929	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$944,476	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$944,476	TotalRevenueColumnAmt
Related Or Exempt Func Income	$639,816	RelatedOrExemptFuncIncomeAmt
Exclusion	$304,660	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$98,680,885	TotalRevenueColumnAmt
Related Or Exempt Func Income	$76,749,481	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$858,344	UnrelatedBusinessRevenueAmt
Exclusion	$21,073,060	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$192,887	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$28,834	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,171,940	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$21,370,703	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,944,000	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$5,136,434	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,339,856	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$450,030	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$353,104	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,207,481	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,416,913	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,975,441	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,241,109	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$37,835	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,569,542	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$91,462	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$148,304	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$25,755,359	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,754,964	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$320,268	TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$8,084,790
VISA/ATM EXPENSE	$3,264,581
LENDING EXPENSE	$1,740,214

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,292,621	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$94,888,672	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$210,461,465	BOYAmt
EOY	$331,887,812	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,499,409,447	BOYAmt
EOY	$1,335,071,818	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,824,546	BOYAmt
EOY	$1,778,944	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$69,434,094	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$15,464,738	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$57,157,132	BOYAmt
EOY	$53,969,356	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$131,890,317	BOYAmt
EOY	$141,661,120	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$24,854,694	BOYAmt
EOY	$24,240,563	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$59,160,903	BOYAmt
EOY	$66,362,135	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,984,758,504	BOYAmt
EOY	$1,954,971,748	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$20,580,258	BOYAmt
EOY	$20,494,017	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$80,000,000	BOYAmt
EOY	$15,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,672,825,269	BOYAmt
EOY	$1,702,288,295	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,773,405,527	BOYAmt
EOY	$1,737,782,312	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$211,352,977	BOYAmt
EOY	$217,189,436	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$211,352,977	BOYAmt
EOY	$217,189,436	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,984,758,504	BOYAmt
EOY	$1,954,971,748	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$3,792,213	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,081,879	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$37,633	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$20,000	PoliticalExpendituresAmt
Volunteer Hours	0	VolunteerHoursCnt
Internal Funds Contributed	$20,000	InternalFundsContributedAmt
Total Exempt Function Expend	$20,000	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (1)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

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

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8205 SW CREEKSIDE PLACE 220	AddressLine1Txt
City	BEAVERTON	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97008	ZIPCd

Field	Value	IRS element (for citing)
EIN	800043051	EIN
Paid Internal Funds	$20,000	PaidInternalFundsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I-A, LINE 1:	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS CONTRIBUTIONS TO THE CREDIT UNION LEGISLATIVE ACTION FUND.	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,575,539	OtherCostOrOtherBasisAmt
Book Value	$4,575,539	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$46,292,965	OtherCostOrOtherBasisAmt
Depreciation	$3,119,815	DepreciationAmt
Book Value	$43,173,150	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,836,531	OtherCostOrOtherBasisAmt
Depreciation	$4,958,721	DepreciationAmt
Book Value	$1,877,810	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,729,059	OtherCostOrOtherBasisAmt
Depreciation	$7,386,202	DepreciationAmt
Book Value	$4,342,857	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$53,969,356	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARE AND SAVINGS ACCOUNTS	Desc
Amt	$1,702,288,295	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,702,288,295	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$98,807,937	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$98,807,937	RevenueSubtotalAmt
Other Revenues Not Included	-$127,052	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$127,052	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$98,680,885	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$94,888,672	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$94,888,672	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$94,888,672	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FOOTNOTE FROM FINANCIAL STATEMENTS - THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE THAT HAS RESULTED IN NO SIGNIFICANT INCOME TAXES PAID. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2023. THE CREDIT UNION'S 2020 THROUGH 2022 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

BOOK/TAX DIFFERENCE -127,052.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
GOWEST FOUNDATION
13221 SW 68TH PWKY STE 400	TIGARD	OR	97223	910460483	501(C)(6)	$52,850	$0	GENERAL DONATION
THE CONTINGENT
809 N RUSSELL ST 203	PORTLAND	OR	97227	264224606	501(C)(3)	$30,000	$0	GENERAL DONATION
WORLDWIDE FOUNDATION
PO BOX 2982	MADISION	WI	53701	396093210	501(C)(3)	$15,000	$0	GENERAL DONATION
SUNSHINE DIVISION
687 N THOMPSON	PORTLAND	OR	97227	930429354	501(C)(3)	$14,745	$0	GENERAL DONATION
HOLLYWOOD SENIOR CENTER INC
1820 NE 40TH	PORTLAND	OR	97212	237291187	501(C)(3)	$10,000	$0	GENERAL DONATION
NORTHWEST ASSOCIATION FOR BLIND ATHLETES
PO BOX 61489	VANCOUVER	WA	98666	260244283	501(C)(3)	$10,000	$0	GENERAL DONATION
TRANSITION PROJECTS
662 NW HOYT ST	PORTLAND	OR	97209	930591582	501(C)(3)	$10,000	$0	GENERAL DONATION
PORTLAND RESCUE MISSION
PO BOX 3713	PORTLAND	OR	97208	930429004	501(C)(3)	$9,900	$0	GENERAL DONATION
CLACKAMAS COMMUNITY COLLEGE
19600 MOLALLA AVE	OREGON CITY	OR	97045	930579576	501(C)(3)	$8,500	$0	GENERAL DONATION
BIG BROTHERS BIG SISTERS
6443 SW BEAVERTON HILLSDALE HWY 20	PORTLAND	OR	97221	931303640	501(C)(3)	$7,500	$0	GENERAL DONATION
OCCU FOUNDATION
2880 CHAD DR	EUGENE	OR	97408	830566255	501(C)(3)	$7,500	$0	GENERAL DONATION

Field	Value	IRS element (for citing)
Total501c3 Org	10	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	TUITION REIMBURSEMENT	GrantTypeTxt
Recipient	11	RecipientCnt
Cash Grant	$28,834	CashGrantAmt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
JASON WERTS
PRESIDENT/CEO	$551,265	$0	$76,147	$0	$8,400	$0	$22,798	$0	$18,126	$0	$676,736	$0	$0	$0
TIMOTHY CLOUSE
SVP / CHIEF TECHNOLOGY OFFICER THRU	$235,182	$0	$212,770	$0	$44,509	$0	$22,456	$0	$10,984	$0	$525,901	$0	$0	$0
GREG SPEAR
SVP / CHIEF FINANCIAL OFFICER	$347,500	$0	$48,524	$0	$0	$0	$21,953	$0	$12,896	$0	$430,873	$0	$0	$0
KELI MYERS
SVP / CHIEF OPERATING OFFICER	$338,328	$0	$44,659	$0	$115	$0	$22,102	$0	$17,830	$0	$423,034	$0	$0	$0
CHRISTOPHER GROSHKO
SVP / CHIEF EXPERIENCE OFFICER	$311,907	$0	$41,172	$0	$11,538	$0	$22,339	$0	$13,037	$0	$399,993	$0	$0	$0
JOHN NICHOLS
SVP OF MARKETING	$227,000	$0	$31,266	$0	$8,308	$0	$12,502	$0	$13,037	$0	$292,113	$0	$0	$0
TREVOR HUTCHENS
VP OF LENDING	$224,624	$0	$18,478	$0	$0	$0	$17,017	$0	$18,135	$0	$278,254	$0	$0	$0
KELLY SONFLIETH
VP OF PEOPLE & CULTURE	$226,624	$0	$19,229	$0	$0	$0	$15,093	$0	$12,905	$0	$273,851	$0	$0	$0
MARY ELLEN LANZISERA
DIRECTOR OF RISK MANAGEMENT	$182,088	$0	$13,095	$0	$6,996	$0	$14,153	$0	$7,800	$0	$224,132	$0	$0	$0
NICOLE WHITE
VP OF DIGITAL BANKING AND REMOTE CHA	$178,576	$0	$15,114	$0	$6,790	$0	$14,034	$0	$7,791	$0	$222,305	$0	$0	$0
CHRIS CHARLTON
VP/CONTROLLER	$167,763	$0	$20,696	$0	$707	$0	$13,192	$0	$14,307	$0	$216,665	$0	$0	$0
JENNIFER MCMURRAY
VP OF STRATEGY & ADVOCACY	$165,338	$0	$21,336	$0	$5,840	$0	$13,471	$0	$280	$0	$206,265	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	OCCASIONAL AIRFARE FOR COMPANIONS ON CREDIT UNION OFFICIAL BUSINESS. THIS IS TREATED AS A TAXABLE BENEFIT AND APPLIES ONLY TO THE BOARD OF DIRECTORS.
PART I, LINE 3	APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY.
PART I, LINE 4B	THE FORMER PRESIDENT/CEO AND THE FORMER SVP/CHIEF FINANCIAL OFFICER PARTICIPATED IN A 457(F) RETIREMENT PLAN. TOTAL DISTRIBUTIONS OF $147,781 FROM THE PLAN WERE PAID DURING 2023.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
CHRIS GROSHKO
EXECUTIVE	RETIREMENT BENEFIT	Yes (X)	$2,875,000	$3,007,602	0	0	Yes (1)
KELI MYERS
EXECUTIVE	RETIREMENT BENEFIT	Yes (X)	$3,200,000	$3,347,592	0	0	Yes (1)
JASON WERTS
EXECUTIVE	RETIREMENT BENEFIT	Yes (X)	$12,765,869	$12,837,127	0	Yes (1)	Yes (1)
JENNIFER MCMURRAY
EXECUTIVE	RETIREMENT BENEFIT	Yes (X)	$1,556,833	$1,556,833	0	0	Yes (1)
JOHN NICHOLS
EXECUTIVE	RETIREMENT BENEFIT	Yes (X)	$1,788,295	$1,788,295	0	0	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$22,537,449	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 11B	FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12	INTERNAL AUDIT CONDUCTS PERIODIC REVIEWS OF EMPLOYEE AND BOARD ACCOUNTS, REVIEWS TO ENSURE CONTROL RESTRICTIONS ARE IN PLACE IN XP, AND THEY REVIEW FEE WAIVER AND EXPENSE REPORTS. ADDITIONALLY, THE CU ENCOURAGES EMPLOYEES TO REPORT MISCONDUCT AND PROVIDES A MEANS TO DO SO ANONYMOUSLY.
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 PEOPLE AND CULTURE AND APPROVED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 18	GUIDESTAR
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.
FORM 990, PART XI, LINE 9:	ADJUSTMENT FOR PRIOR YEAR PASSTHROUGH INCOME 127,052. RECLASSIFICATION ADJUSTMENT FOR REALIZED GAIN -164,685.