2021-11-08T17:29:07-06:00 2020-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2020-01-01 930251640 ADVANTIS CREDIT UNION ADVA 5037852528 9200 SE SUNNYBROOK BLVD NO 300 CLACKAMAS OR 97015 LAURIE WILSON CFO 5037852528 2021-11-08 1 LAURIE WILSON 999009999 WENDY CAMPOS P00448102 5032421447 2021-11-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LAURIE WILSON 9200 SE SUNNYBROOK BLVD NO 300 CLACKAMAS OR 97015 91151218 0 X WWW.ADVANTISCU.ORG X 1928 OR PROVIDING FINANCIAL SERVICES TO MEMBERS 9 9 294 0 720088 0 0 0 63741706 71305582 4880566 5121421 6622 6622 68628894 76433625 272254 297582 0 0 20263509 22718633 0 0 0 36370534 40002036 56906297 63018251 11722597 13415374 1478812305 1807081276 1304432680 1619018112 174379625 188063164 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 77,640 MEMBERS. SERVICES INCLUDE SHARE DEPOSITS AND LOANS TO MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29657 0 1 294 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X LAURIE WILSON 5037852528 9200 SE SUNNYBROOK BLVD 300 CLACKAMAS OR 97015 ROBERT CORWIN PRESIDENT & CEO THROUGH SEP 2020 40.00 X 1043447 0 159763 WENDY EDWARDS SVP/CHIEF ADMINISTRATIVE OFFICER 40.00 X 798437 0 135557 LAURIE WILSON SVP/CHIEF FINANCIAL OFFICER 40.00 X 304054 0 130243 TIMOTHY CLOUSE SVP/CHIEF INNOVATION OFFICER 40.00 X 274459 0 51481 KELI MYERS SVP/CHIEF CREDIT OFFICER 40.00 X 264638 0 24037 CHRISTOPHER GROSHKO SVP/CHIEF RETAIL OFFICER 40.00 X 268272 0 19366 JOHN NICHOLS VP OF MARKETING 40.00 X 185328 0 15848 JASON WERTZ PRESIDENT & CEO 40.00 X 140697 0 5318 JERI MAHER MORTGAGE LOAN OFFICER - COMMISSIONED 40.00 X 374363 0 22431 MATTHEW RUSSELL FINANCIAL ADVISOR - LICENSED 40.00 X 229866 0 19022 SHANE RICHINS CONTROLLER 40.00 X 171512 0 16270 MANDEEP MANIHANI MORTGAGE LOAN OFFICER - COMMISSIONED 40.00 X 168942 0 17181 MARY ELLEN LANZISERA DIRECTOR OF RISK MANAGEMENT 40.00 X 145898 0 12656 JAKE JENSEN CHAIRMAN 2.00 X X 14083 0 0 TAMMY TESKE VICE CHAIRMAN 2.00 X X 12417 0 0 TARUN GUDZ SECRETARY/TREASURER 2.00 X X 12417 0 0 ANDY DOLBERG DIRECTOR 2.00 X 14750 0 0 FREDERIC DUPEYROUX DIRECTOR 2.00 X 12417 0 0 RENEE HALPERN DIRECTOR 2.00 X 12417 0 0 AMANDA OWINGS DIRECTOR 2.00 X 12417 0 0 BRYAN SIMS DIRECTOR 2.00 X 8917 0 0 WILLIAM KNUTHS ASSOCIATE DIRECTOR 2.00 X 2708 0 0 PATRICK HAGER DIRECTOR 2.00 X 0 0 0 4472456 0 629173 34 0 1 0 FINANCIAL TECHNOLOGY SOLUTIONS 406 EAST HUNTINGTON DR 100 MONROVIA CA 91016 DIGITAL AND ONLINE BANKING 1305348 ALKAMI TECHNOLOGY INC 5601 GRANITE PKWY SUITE 120 PLANO TX 75024 DIGITAL AND ONLINE BANKING 1162963 TVA ARCHITECTS INC 920 SW SIXTH AVE SUITE 1500 PORTLAND OR 97204 ARCHITECTURAL 911609 R&H CONSTRUCTION 1530 SE TAYLOR ST PORTLAND OR 97205 CONSTRUCTION 689404 NORDISK SYSTEMS INC 6400 SE LAKE RD SUITE 450 PORTLAND OR 97222 DIGITAL AND ONLINE BANKING 658103 38 LOANS 522100 55447905 55447905 NET LOSS ON SALE OF LO 522100 7775009 7775009 SERVICE CHARGES AND FE 522100 4150926 4125280 25646 INTERCHANGE INCOME 522100 2104607 2104607 OTHER NON INTEREST INC 522100 1827135 1132693 694442 71305582 1678069 1678069 6622 0 6622 6622 6622 18160945 14717593 3443352 3443352 3095226 348126 76433625 73680720 720088 2032817 247744 49838 3923488 13081013 883292 3212978 1617862 325514 131572 664421 1461229 2070082 4147210 2422945 83280 99384 12543550 2540848 158854 PROVISION FOR LOAN LOSS 8655212 LENDING EXPENSE 2010663 VISA/ATM EXPENSE 1279204 TAXES ON UBI 2200 1405868 63018251 214676273 553083358 996000 996000 1160311657 1152359628 1592707 1574864 23362636 13802033 10853604 9560603 22915339 14932350 4123016 4240316 63343709 70334157 1478812305 1807081276 13667999 14873555 50000000 50000000 1240764681 1554144557 1304432680 1619018112 X 0 0 0 0 174379625 188063164 174379625 188063164 1478812305 1807081276 X 13415374 269372 -1207 X 0 1 X 1 0 20000 0 20000 20000 1 CREDIT UNION LEGISLATIVE ACTION FUND 8205 SW CREEKSIDE PLACE 220 BEAVERTON OR 97008 800043051 20000 PART I-A, LINE 1: THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS CONTRIBUTIONS TO THE CREDIT UNION LEGISLATIVE ACTION FUND. 131025 131025 3382447 1342997 2039450 7660179 5951374 1708805 12188985 6507662 5681323 9560603 MEMBERS' SHARE AND SAVINGS ACCOUNTS 1554144557 1554144557 X 76432417 0 76432417 1208 1208 76433625 63018250 0 63018250 1 1 63018251 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, 2020. THE CREDIT UNION'S 2017 THROUGH 2019 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE 1,207. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. 0 SUNSHINE DIVISION 687 N THOMPSON ST PORTLAND OR 97227 930429354 501(C)(3) 67103 GENERAL SUPPORT CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH ST SALT LAKE CITY UT 84101 870387205 501(C)(3) 36867 DOERNBECHER CHILDRENS HOSPITAL "LIVE AUCTION PACKAGE SALES: OHSU DOERNBECHER'S CAR" HUMAN SOLUTIONS INC 12350 SE POWELL BLVD PORTLAND OR 97230 930977166 501(C)(3) 20740 2020 GROW GRANT TO PROVIDE SUPPORT TO POVERTY-STRICKEN NEIGHBORHOODS IMPACT NW PO BOX 33530 PORTLAND OR 97292 930557964 501(C)(3) 20000 2020 GROW GRANT TO PREVENT HOMELESSNESS BY PARTNERING WITH PEOPLE OUTSIDE IN 1132 SW 13TH AVE PORTLAND OR 97205 930567549 501(C)(3) 20000 2020 GROW GRANT TO PROVIDE SUPPORT TO YOUTH EXPERIENCING HOMELESSNESS STORE TO DOOR 7730 SW 31ST AVE PORTLAND OR 97219 943105555 501(C)(3) 20000 2020 GROW GRANT TO PROVIDE VOLUNTEER-BASED GROCERY SHOPPING AND DELIVERY SERVICES FOR SENIORS AND ADULTS WITH DISABILITIES AMERICAN RED CROSS 431 18TH ST NW WASHINGTON DC 20006 530196605 501(C)(3) 15000 OREGON WILDFIRE RELIEF SELF ENHANCEMENT INC 3920 N KERBY AVE PORTLAND OR 97227 931086629 501(C)(3) 10000 TO PROVIDE COMPREHENSIVE CRADLE TO CAREER SERVICES TO OVER 16,500 VULNERABLE YOUTH AND FAMILIES WILLAMETTE LIGHT BRIGADE 1223 SW WASHINGTON ST SUITE 200 PORTLAND OR 97205 931061954 501(C)(3) 8500 2020 GROW GRANT TO SUPPORT THE PORTLAND WINTER LIGHT FESTIVAL OUR HOUSE OF PORTLAND INC 2727 SE ALDER ST PORTLAND OR 97214 930986632 501(C)(3) 5200 2020 GROW GRANT TO PROVIDE HEALTHCARE, HOUSING AND OTHER VITAL SERVICES TO THOSE IN NEED LIVING WITH HIV 10 0 X 1 1 X X 0 1 0 ROBERT CORWIN PRESIDENT & CEO THROUGH SEP 2020 515499 0 118717 0 409231 0 154926 0 4837 0 1203210 0 0 0 WENDY EDWARDS SVP/CHIEF ADMINISTRATIVE OFFICER 245746 0 52691 0 500000 0 129132 0 6425 0 933994 0 0 0 LAURIE WILSON SVP/CHIEF FINANCIAL OFFICER 251600 0 52454 0 0 0 121286 0 8957 0 434297 0 0 0 TIMOTHY CLOUSE SVP/CHIEF INNOVATION OFFICER 226039 0 48420 0 0 0 44049 0 7432 0 325940 0 0 0 KELI MYERS SVP/CHIEF CREDIT OFFICER 217089 0 47549 0 0 0 15750 0 8287 0 288675 0 0 0 CHRISTOPHER GROSHKO SVP/CHIEF RETAIL OFFICER 222557 0 45715 0 0 0 15800 0 3566 0 287638 0 0 0 JOHN NICHOLS VP OF MARKETING 153487 0 31841 0 0 0 9701 0 6147 0 201176 0 0 0 JERI MAHER MORTGAGE LOAN OFFICER - COMMISSIONED 64738 0 112 0 309513 0 19616 0 2815 0 396794 0 0 0 MATTHEW RUSSELL FINANCIAL ADVISOR - LICENSED 50014 0 659 0 179193 0 16155 0 2867 0 248888 0 0 0 SHANE RICHINS CONTROLLER 156636 0 14876 0 0 0 7593 0 8677 0 187782 0 0 0 MANDEEP MANIHANI MORTGAGE LOAN OFFICER - COMMISSIONED 36626 0 666 0 131650 0 11741 0 5440 0 186123 0 0 0 MARY ELLEN LANZISERA DIRECTOR OF RISK MANAGEMENT 133784 0 12114 0 0 0 9457 0 3199 0 158554 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - OCCASIONAL AIRFARE FOR SPOUSES ON CREDIT UNION OFFICIAL BUSINESS. THESE ITEMS WERE INCLUDED IN TAXABLE INCOME. PART I, LINE 3 APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B THE PRESIDENT/CEO PARTICIPATED IN A 457(F) RETIREMENT PLAN. THE SVP/CHIEF FIANANCIAL OFFICER, SVP/CHIEF INNOVATION OFFICER AND THE SVP/CHIEF ADMINISTRATIVE OFFICER ALSO PARTICIPATED IN A 457(F) PLAN EFFECTIVE 12/1/2016. DISTRIBUTIONS OF $500,000 FROM THE PLAN WERE PAID TO WENDY EDWARDS DURING 2020. DISTRIBUTIONS OF $400,000 FROM THE PLAN WERE PAID TO ROBERT CORWIN DURING 2020. 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 THOROUGHLY REVIEWED BY THE CFO AND/OR CONTROLLER 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 SVP 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. FORM 990, PART XI, LINE 9: PASSTHROUGH BOOK/TAX DIFFERENCE -1,207.