OREGON COMMUNITY CREDIT UNION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- OREGON COMMUNITY CREDIT UNION (EIN 93-0492535)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349325320
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T17:46:10-06:00 | 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 | 930492535 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OREGON COMMUNITY CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OREG | BusinessNameControlTxt |
| Phone | 8664557438 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2880 CHAD DRIVE | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97408 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON NEUMANN | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8664557438 | PhoneNum |
| Signature | 2024-11-14 | 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 | 2024-11-14 | 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 | RON NEUMANN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2880 CHAD DRIVE | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $211,490,748 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MYOCCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1956 | FormationYr |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Activity Or Mission | TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 747 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $99,490 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $158,831,305 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $200,079,242 | CYProgramServiceRevenueAmt |
| PY Investment Income | $928,258 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,752,033 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $159,759,563 | PYTotalRevenueAmt |
| CY Total Revenue | $210,831,275 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $705,090 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $415,522 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $56,815,251 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $63,180,106 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $72,310,304 | PYOtherExpensesAmt |
| CY Other Expenses | $146,063,744 | CYOtherExpensesAmt |
| PY Total Expenses | $129,830,645 | PYTotalExpensesAmt |
| CY Total Expenses | $209,659,372 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $29,928,918 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,171,903 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,461,025,756 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,335,054,668 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,144,607,129 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,017,837,163 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $316,418,627 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $317,217,505 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PURPOSE OF OREGON COMMUNITY CREDIT UNION IS TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS BY PROVIDING THEM WITH COMPETITIVE DEPOSIT AND LOAN PRODUCTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROMOTING THE FINANCIAL WELLBEING AND THRIFT OF 264,575 MEMBERS DURING 2023 BY PROVIDING LOAN AND SAVINGS SERVICES AT COMPETITIVE RATES. | 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 | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 78765 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 747 | 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 | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | 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 | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | 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 | Yes (1) | 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 |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVE SCHIFFER SVP OF FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5416816062 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2880 CHAD DRIVE | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97408 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| BILL INGE | |||||||||
| BOARD CHAIR | 8.00 | Yes (X) | Yes (X) | $35,760 | $0 | $0 | |||
| JEANINE JENSEN | |||||||||
| BOARD VICE CHAIR | 8.00 | Yes (X) | Yes (X) | $32,688 | $0 | $0 | |||
| BEVERLY ANDERSON | |||||||||
| BOARD SECRETARY | 8.00 | Yes (X) | Yes (X) | $29,789 | $0 | $0 | |||
| GENEVIEVE PARKER | |||||||||
| BOARD DIRECTOR | 8.00 | Yes (X) | $26,783 | $0 | $0 | ||||
| JACOB SIEGEL | |||||||||
| BOARD DIRECTOR | 8.00 | Yes (X) | $26,116 | $0 | $0 | ||||
| THOMAS LARSON | |||||||||
| BOARD DIRECTOR | 8.00 | Yes (X) | $25,783 | $0 | $0 | ||||
| BRANDON ROGERS | |||||||||
| BOARD DIRECTOR | 8.00 | Yes (X) | $17,950 | $0 | $0 | ||||
| SCOTT SMITH | |||||||||
| BOARD DIRECTOR | 8.00 | Yes (X) | $17,950 | $0 | $0 | ||||
| SAM KAMKAR | |||||||||
| BOARD DIRECTOR AS OF 04/23 | 8.00 | Yes (X) | $17,623 | $0 | $0 | ||||
| PHILLIP SMITH | |||||||||
| BOARD DIRECTOR AS OF 04/23 | 8.00 | Yes (X) | $11,967 | $0 | $0 | ||||
| JOHN GOGOL | |||||||||
| BOARD DIRECTOR THRU 03/23 | 8.00 | Yes (X) | $8,150 | $0 | $0 | ||||
| RONALD NEUMANN | |||||||||
| PRESIDENT & CEO | 50.00 | Yes (X) | $1,008,593 | $0 | $60,096 | 5.00 | |||
| GREGORY SCHUMACHER | |||||||||
| EXECUTIVE VICE PRESIDENT | 50.00 | Yes (X) | $479,479 | $0 | $110,901 | 5.00 | |||
| RUSSELL BERNARDO | |||||||||
| CHIEF LENDING OFFICER THRU 07/23 | 50.00 | $497,142 | $0 | $43,332 | 2.00 | Yes (X) | |||
| TRACEY KEFFER | |||||||||
| CHIEF OPERATING OFFICER | 50.00 | $389,489 | $0 | $94,248 | 5.00 | Yes (X) | |||
| BRIAN ALFANO | |||||||||
| CHIEF DIGITAL OFFICER | 50.00 | $359,471 | $0 | $101,739 | 2.00 | Yes (X) | |||
| HEATHER BILLINGS | |||||||||
| CHIEF MARKETING OFFICER | 50.00 | $344,222 | $0 | $92,689 | 5.00 | Yes (X) | |||
| JOHN SCHIFFER | |||||||||
| SVP OF FINANCE | 50.00 | $276,122 | $0 | $63,111 | 5.00 | Yes (X) | |||
| GREGORY YOUNG | |||||||||
| VP OF INSURANCE SERVICES | 50.00 | $293,509 | $0 | $41,248 | Yes (X) | ||||
| MATTHEW WILSON | |||||||||
| SVP OF RISK & ADMINISTRATION | 50.00 | $264,228 | $0 | $69,838 | Yes (X) | ||||
| ETHAN NELSON | |||||||||
| SVP OF CREDIT ADMINISTRATION | 50.00 | $256,488 | $0 | $70,306 | Yes (X) | ||||
| CHRISTOPHER WHITTAKER | |||||||||
| SVP OF LENDING | 50.00 | $256,269 | $0 | $45,885 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,675,571 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $793,393 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 78 | 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 |
|---|---|---|---|---|---|
| MCKENZIE COMMERCIAL CONTRACTORS INC | |||||
| 865 W SECOND AVENUE | EUGENE | OR | 97402 | CONTRACTOR | $3,148,203 |
| ALKAMI TECHNOLOGY INC | |||||
| 5601 GRANITE PARKWAY 120 | PLANO | TX | 75024 | INTERNET BANKING | $2,391,467 |
| COOK SOLUTIONS GROUP INC | |||||
| 9225 NE CASCADES PARKWAY | PORTLAND | OR | 97220 | ATM SERVICING | $2,388,815 |
| PREVEDELLO HETTICK MARKETING COMPANY | |||||
| 132 E BROADWAY 605 | EUGENE | OR | 97401 | MARKETING | $1,146,346 |
| EXPERIAN | |||||
| 475 ANTON BOULEVARD | COSTA MESA | CA | 92626 | LOAN SERVICING | $1,033,128 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 46 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS/VISA | 522100 | $159,062,002 | $159,062,002 | |
| FEES AND CHARGES | 522100 | $12,161,516 | $12,161,516 | |
| VISA/ATM INTERCHANGE I | 525990 | $6,713,513 | $6,614,023 | $99,490 |
| CREDIT CARD INTERCHANG | 525990 | $2,097,956 | $2,097,956 | |
| LOAN PARTICIPATION | 525990 | -$2,327,987 | -$2,327,987 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,372,242 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,372,242 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $200,079,242 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,397,128 | TotalRevenueColumnAmt |
| Exclusion | $11,397,128 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $14,378 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $659,473 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$659,473 | SecuritiesAmt |
| Other | $14,378 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$645,095 | TotalRevenueColumnAmt |
| Exclusion | -$645,095 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $210,831,275 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $199,979,752 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $99,490 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,752,033 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,522 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,291,488 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,381,834 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,928,576 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,396,847 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,181,361 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,735 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $619,887 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,948,809 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,189,366 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,791,142 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,658,781 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,097,016 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,774 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,448 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,630,411 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,068,858 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $768,248 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $43,169,998 |
| LOAN SERVICING EXPENSE | $10,035,258 |
| BAD DEBT & OPERATING | $8,223,013 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,659,372 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,268,188 | BOYAmt |
| EOY | $8,463,386 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,240,800 | BOYAmt |
| EOY | $202,907,289 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $681,281 | BOYAmt |
| EOY | $826,681 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,301,879 | BOYAmt |
| EOY | $58,899,163 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,036,826,727 | BOYAmt |
| EOY | $2,969,370,957 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,155,334 | BOYAmt |
| EOY | $23,108,701 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $51,637,322 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,956,006 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,928,811 | BOYAmt |
| EOY | $17,681,316 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,054,112 | BOYAmt |
| EOY | $40,448,784 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,568,624 | BOYAmt |
| EOY | $13,348,391 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,461,025,756 | BOYAmt |
| EOY | $3,335,054,668 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,029,478 | BOYAmt |
| EOY | $328,295,034 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $543,384 | BOYAmt |
| EOY | $288,643 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,555,034,267 | BOYAmt |
| EOY | $2,689,253,486 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,144,607,129 | BOYAmt |
| EOY | $3,017,837,163 | 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 | $316,418,627 | BOYAmt |
| EOY | $317,217,505 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,418,627 | BOYAmt |
| EOY | $317,217,505 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,461,025,756 | BOYAmt |
| EOY | $3,335,054,668 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,171,903 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$373,025 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $25,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $25,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $25,000 | 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 | 9730 SW NIMBUS AVE | AddressLine1Txt |
| City | BEAVERTON | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800043051 | EIN |
| Paid Internal Funds | $25,000 | 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 HAS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY: A CONTRIBUTION TO THE CREDIT UNION LEGISLATIVE ACTION FUND. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,342,575 | OtherCostOrOtherBasisAmt |
| Book Value | $3,342,575 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,697,729 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,310,904 | DepreciationAmt |
| Book Value | $9,386,825 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,612,413 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,036,701 | DepreciationAmt |
| Book Value | $2,575,712 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,762,567 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,476,321 | DepreciationAmt |
| Book Value | $2,286,246 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $222,038 | OtherCostOrOtherBasisAmt |
| Depreciation | $132,080 | DepreciationAmt |
| Book Value | $89,958 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $17,681,316 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SHARES & SAVINGS | Desc |
| Amt | $2,689,253,486 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,689,253,486 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|
| EUGENE MARATHON | ||||||||
| 920 LAKESIDE AVENUE S | SEATTLE | WA | 98144 | 760810890 | $55,966 | $0 | GENERAL SUPPORT | |
| OCCU FOUNDATION | ||||||||
| 2880 CHAD DRIVE | EUGENE | OR | 97408 | 830566255 | $268,243 | $0 | GENERAL SUPPORT | 501(C)(3) |
| SPRINGFIELD AREA CHAMBER OF COMMERCE | ||||||||
| PO BOX 155 | SPRINGFIELD | OR | 97477 | 930286205 | $5,250 | $0 | GENERAL SUPPORT | 501(C)(6) |
| EUGENE AREA CHAMBER OF COMMERCE | ||||||||
| 1401 WILLAMETTE STREET | EUGENE | OR | 97401 | 930163290 | $5,350 | $0 | GENERAL SUPPORT | 501(C)(6) |
| CHILDREN'S MIRACLE NETWORK | ||||||||
| 123 INTERNATIONAL WAY | SPRINGFIELD | OR | 97477 | 870387205 | $10,000 | $0 | GENERAL SUPPORT | 501(C)(3) |
| WORLDWIDE FOUNDATION OF CREDIT UNIONS | ||||||||
| 5710 MINERAL POINT ROAD | MADISON | WI | 53705 | 396093210 | $10,000 | $0 | GENERAL SUPPORT | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RONALD NEUMANN | ||||||||||||||
| PRESIDENT & CEO | $793,125 | $0 | $155,000 | $0 | $60,468 | $0 | $52,199 | $0 | $7,897 | $0 | $1,068,689 | $0 | $0 | $0 |
| GREGORY SCHUMACHER | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $411,609 | $0 | $34,870 | $0 | $33,000 | $0 | $96,907 | $0 | $13,994 | $0 | $590,380 | $0 | $0 | $0 |
| RUSSELL BERNARDO | ||||||||||||||
| CHIEF LENDING OFFICER THRU 07/23 | $181,302 | $0 | $20,301 | $0 | $295,539 | $0 | $34,487 | $0 | $8,845 | $0 | $540,474 | $0 | $0 | $0 |
| TRACEY KEFFER | ||||||||||||||
| CHIEF OPERATING OFFICER | $331,810 | $0 | $26,360 | $0 | $31,319 | $0 | $85,549 | $0 | $8,699 | $0 | $483,737 | $0 | $0 | $0 |
| BRIAN ALFANO | ||||||||||||||
| CHIEF DIGITAL OFFICER | $305,315 | $0 | $20,927 | $0 | $33,229 | $0 | $86,577 | $0 | $15,162 | $0 | $461,210 | $0 | $0 | $0 |
| HEATHER BILLINGS | ||||||||||||||
| CHIEF MARKETING OFFICER | $282,783 | $0 | $23,150 | $0 | $38,289 | $0 | $81,898 | $0 | $10,791 | $0 | $436,911 | $0 | $0 | $0 |
| JOHN SCHIFFER | ||||||||||||||
| SVP OF FINANCE | $238,248 | $0 | $12,336 | $0 | $25,538 | $0 | $54,417 | $0 | $8,694 | $0 | $339,233 | $0 | $0 | $0 |
| GREGORY YOUNG | ||||||||||||||
| VP OF INSURANCE SERVICES | $210,000 | $0 | $80,928 | $0 | $2,581 | $0 | $26,184 | $0 | $15,064 | $0 | $334,757 | $0 | $0 | $0 |
| MATTHEW WILSON | ||||||||||||||
| SVP OF RISK & ADMINISTRATION | $224,453 | $0 | $14,112 | $0 | $25,663 | $0 | $52,235 | $0 | $17,603 | $0 | $334,066 | $0 | $0 | $0 |
| ETHAN NELSON | ||||||||||||||
| SVP OF CREDIT ADMINISTRATION | $229,104 | $0 | $12,542 | $0 | $14,842 | $0 | $62,452 | $0 | $7,854 | $0 | $326,794 | $0 | $0 | $0 |
| CHRISTOPHER WHITTAKER | ||||||||||||||
| SVP OF LENDING | $225,981 | $0 | $11,289 | $0 | $18,999 | $0 | $38,039 | $0 | $7,846 | $0 | $302,154 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | BRIAN ALFANO, CHIEF DIGITAL OFFICER, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $34,377 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. HEATHER BILLINGS, CHIEF MARKETING OFFICER, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $29,699 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. TRACEY KEFFER, CHIEF OPERATING OFFICER, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $33,350 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. GREGORY SCHUMACHER, EXECUTIVE VICE PRESIDENT, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $44,708 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. CASEY FOLTZ, SVP OF ANALYTICS AND PROFITABILITY, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $14,369 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. ETHAN NELSON, SVP OF CREDIT ADMINISTRATION, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $17,004 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. JOHN SCHIFFER, SVP OF FINANCE, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $16,807 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. KIRSTEN SIMMONS, SVP OF PEOPLE DEVELOPMENT, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $14,613 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. CHRISTOPHER WHITTAKER, SVP OF LENDING, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $15,154 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. MATTHEW WILSON, SVP OF RISK & ADMINISTRATION, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $16,840 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. TERRI BAKER, VP OF MEMBER SUPPORT, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $14,237 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. BRIAN KILLINGSWORTH, VP OF TECHNOLOGY SERVICES, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $18,855 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. ANGELICA MURILLO, VP OF REGULATORY COMPLIANCE, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $15,403 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. LINDSEY ROBERTS, VP OF MORTGAGE LENDING, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $17,216 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. DANIEL ENGLISH, DIRECTOR OF TECHNOLOGY SERVICES, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $9,475 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. CHERIE KISTNER, DIRECTOR OF CORPORATE COMMUNICATIONS, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $8,938 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. ARIS JERAHIAN, VP OF DIGITAL SERVICES AND PAYMENTS, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $15,299 WERE MADE TO THE 457F PLAN IN 2023. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (7 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| JERRY LIUDAHL | |||||||
| RETIRED CHIEF CREDIT OFFICER | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $1,387,993 | $1,604,545 | 0 | Yes (1) | Yes (1) |
| RONALD NEUMANN | |||||||
| CHIEF EXECUTIVE OFFICER | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $13,295,352 | $15,085,551 | 0 | Yes (1) | Yes (1) |
| GREGORY SCHUMACHER | |||||||
| EXECUTIVE VICE PRESIDENT | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $5,516,080 | $5,861,021 | 0 | Yes (1) | Yes (1) |
| RONALD NEUMANN 2 | |||||||
| CHIEF EXECUTIVE OFFICER | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $22,576,353 | $23,462,478 | 0 | Yes (1) | Yes (1) |
| GREGORY SCHUMACHER 2 | |||||||
| EXECUTIVE VICE PRESIDENT | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $5,225,531 | $5,444,299 | 0 | Yes (1) | Yes (1) |
| GREGORY SCHUMACHER 3 | |||||||
| EXECUTIVE VICE PRESIDENT | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $3,042,146 | $3,163,540 | 0 | Yes (1) | Yes (1) |
| TRACEY KEFFER | |||||||
| CHIEF OPERATING OFFICER | SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $4,106,838 | $4,277,729 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $58,899,163 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ANY INDIVIDUAL WITH AN ACCOUNT AT THE CREDIT UNION IS CONSIDERED A MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH PRIMARY MEMBER OF THE CREDIT UNION IS GIVEN ONE VOTE AND IS ABLE TO ELECT MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | MAJOR DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, HOWEVER, DAY TO DAY DECISIONS ARE NOT SUBJECT TO MEMBER APPROVAL. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION FOR REVIEW PRIOR TO FILING; THE CEO, EVP AND SVP OF FINANCE OF THE ORGANIZATION REVIEW THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE FOR BOTH THE COMPANY AND BOARD. EXPECTATIONS ARE CLEAR AT THE SENIOR MANAGEMENT LEVEL AND ARE COMMUNICATED DOWNWARD. THE ORGANIZATION HAS TRACKING PROCEDURES IN PLACE FOR POSSIBLE AND CONFIRMED CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST INVOLVING A BOARD MEMBER, THAT MEMBER WOULD BE REQUIRED TO ABSTAIN FROM VOTING ON THE ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15 | TOTAL COMPENSATION, INCLUDING BASE PAY, INCENTIVES AND OTHER BENEFITS, IS COMPARED AGAINST BALANCE COMP, CUES EXECUTIVE COMPENSATION PROGRAM, MILLIMAN NW FINANCIAL INDUSTRY SURVEY RESULTS AND OTHER EXECUTIVE PUBLICATIONS/REPORTS. CEO COMPENSATION IS REVIEWED BY THE BOARD PERSONNEL COMMITTEE AND APPROVED BY THE FULL BOARD. COMPENSATION AMOUNTS ARE TRACKED FOR FUTURE REFERENCE. THE LAST FORMAL COMPENSATION COMPARISON REVIEW BY THE ORGANIZATION WAS PERFORMED IN 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ONLINE AND IN CREDIT UNION BRANCHES AND ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. |
| FORM 990, PART XII, LINE 2: | THE CREDIT UNION IS GOVERNED BY THE NATIONAL CREDIT UNION ADMINISTRATION (NCUA). AS SUCH, REGULATORS REVIEW THE FINANCIAL TRANSACTIONS OF THE CREDIT UNION ON A CONSISTENT BASIS. IN ADDITION, THE CREDIT UNION MAINTAINS A SUPERVISORY COMMITTEE TO OVERSEE THE PERFORMANCE OF AN ANNUAL AUDIT OF THE STATMENTS OF FINANCIAL CONDITION. THESE AUDITED STATEMENTS OF FINANCIAL CONDITION ARE PREPARED ON A SEPTEMBER 30TH YEAR END. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCCU FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2880 CHAD DRIVE | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 830566255 | EIN |
| Primary Activities | PHILANTHROPIC EDUCATION AND CHARITABLE ACTIVITIES | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCCU FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $268,243 | InvolvedAmt |
| Method Of Amount Determination | CASH VALUE | MethodOfAmountDeterminationTxt |