2022-11-14T18:18:57-06:00 2021-12-31 810987947 HAUSER JONES & SAS PLLC 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2021-01-01 910693631 SNO FALLS CREDIT UNION SNOF 4258884004 PO BOX 2510 NORTH BEND WA 98045 TIM WILLIAMS PRESIDENT 4258884004 2022-11-14 1 TIM WILLIAMS 999009999 ROGER A JONES CPA P01702335 4258891778 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z TIM WILLIAMS PO BOX 2510 NORTH BEND WA 98045 5263386 0 X WWW.SNOFALLS.COM X CREDIT UNION 1957 WA ENHANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS. 9 7 34 7 195658 0 0 0 4718661 4705356 114905 68530 431964 489500 5265530 5263386 0 0 0 0 2379106 2597219 0 0 0 2378078 2473098 4757184 5070317 508346 193069 93846270 113268760 87139766 106371542 6706504 6897218 ENHANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS. 0 0 MUTUAL, MEMBERSHIP PROGRAMS, GENERAL/OTHER: PROVIDED ITS 6,319 MEMBERS THE OPPORTUNITY FOR SAVINGS, DEPOSITS, LOANS, AND OTHER FINANCIAL SERVICES. THE CREDIT UNION GRANTED 1,666 LOANS TOTALING $39,278,753 TO ITS MEMBERS DURING 2021. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 203 0 1 34 1 1 1 0 0 0 0 0 0 0 X 9 7 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X TIM WILLIAMS 4258884004 PO BOX 2510 NORTH BEND WA 98045 ROB SHOGREN DIRECTOR 1.00 X 0 0 0 E STEVE COLLINS CHAIRMAN 1.50 X X 0 0 0 SHELLY INMAN VICE CHAIR 1.00 X X 0 0 0 BART KELLY DIRECTOR 1.50 X 0 0 0 SUSAN HANKINS DIRECTOR 1.00 X 0 0 0 CAROL LAWRENCE SECRETARY 1.50 X X 0 0 0 MARY BARRETT DIRECTOR 1.00 X 0 0 0 TIMOTHY WILLIAMS CEO 40.00 X 322729 0 81813 ELIZABETH KEATING CFO 40.00 X 148966 0 46174 ABBIE LANKFORD CXO 40.00 X 114059 0 29219 585754 0 157206 3 0 1 0 CO-OP FINANCIAL SERVICES 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 DEBIT AND CREDIT CARD PROCESSING 261363 CORELATION INC 2305 HISTORIC DECATUR RD SAN DIEGO CA 92106 INCOMING CORE SYSTEM VENDOR 182030 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 EPISYS MONTHLY SERVICING AND SYNERGY DAT 162615 THINK STACK 1300 THAMES ST G20 BALTIMORE MD 21231 NETWORK SECURITY, AWS BUNDLE, IT SUPPORT 161581 MEYDENBAUER GROUP 12025 WILLOWS ROAD NE REDMOND WA 98052 GENERAL CONTRACTOR FOR OFFICE SPACE DEVE 151245 5 LOAN INTEREST INCOME M 522291 3098908 3098908 FEES & CHARGES MEMBERS 522100 865402 865402 INTERCHANGE 522100 710490 710490 ATM FEES NON-MEMBERS 525990 26150 26150 AUTO WARRANTIES 524126 2400 2400 2006 2006 4705356 39410 39410 165102 0 165102 165102 165102 29120 0 29120 29120 29120 MISC INCOME MEMBER SER 900099 324398 324398 324398 5263386 5028318 195658 39410 322729 1562996 273358 246016 192120 30496 11405 82394 191593 80003 751147 17039 244206 19077 43525 1 209753 36840 MASTERCARD CREDIT/DEBIT 326397 LENDING EXPENSE 299449 DIVIDENDS 106620 PROVISION FOR LOAN LOSS 6472 16681 5070317 1172336 1160367 15598341 23345654 1234496 1123049 65908631 71472158 351535 619081 7242533 1329527 5833909 5913006 2652397 6366096 1094625 3269349 93846270 113268760 887089 1132194 86252677 105239348 87139766 106371542 X 0 0 0 0 6706504 6897218 6706504 6897218 93846270 113268760 193069 -2355 0 X X 0 1 X 1 0 3066921 3066921 1888408 432234 1456174 1345651 345744 999907 941553 551549 390004 5913006 INVESTMENTS IN CUSO 36611 C CERTIFICATE OF DEPOSIT 6329485 C 6366096 MEMBER SHARE & DEPOSIT ACCOUNTS 105239348 105239348 5234266 0 5234266 29120 29120 5263386 5041197 -29120 -29120 5070317 0 5070317 PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE OF ASSETS 29,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE OF ASSETS -29,120. X X X X X 0 1 0 TIMOTHY WILLIAMS CEO 185000 0 84750 0 52979 0 70813 0 11000 0 404542 0 0 0 ELIZABETH KEATING CFO 112260 0 4250 0 32456 0 45350 0 824 0 195140 0 0 0 FORM 990, PART I, LINE 6 VOLUNTEERS SERVED AS MEMBERS OF THE BOARD AND SUPERVISORY COMMITTEES FOR THE CREDIT UNION PROVIDING OVERSIGHT OF OPERATIONS AND POLICIES OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 6,319 MEMBERS AS OF DECEMBER 31, 2021. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD MEMBERS AND THE SUPERVISORY COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND CEO, THEN IT IS PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EVERY EMPLOYEE AND VOLUNTEER MUST SIGN AND ADHERE TO THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES PEER GROUP AVERAGES, GROWTH OF CREDIT UNION, MARKET SHARE GROWTH AND SUCESS REGARDING THE BUSINESS AND STRATEGIC PLAN TO HELP DETERMINE THE CEO'S COMPENSATION. THE CREDIT UNION DOES NOT COMPENSATE OFFICERS AT THIS TIME. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER PUBLIC DOCUMENTS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S PLACE OF BUSINESS DURING BUSINESS HOURS. FORM 990, PART XII, 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SNOFALLS SERVICE CORPORATION PO BOX 2510 NORTH BEND WA 98045 911581577 LICENSING WA SNOFALLS CREDIT UNION C 78348 449261 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 SNO FALLS SERVICE CORPORATION A 44408 COST