2021-11-08T10:07:14-06:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2020-01-01 916049071 SOLARITY CREDIT UNION SOLA 5092481720 PO BOX 2922 YAKIMA WA 98907 MINA WORTHINGTON PRESIDENT/CEO 5092481720 2021-11-05 1 MINA WORTHINGTON 999009999 MARY C GREEN P00447183 6022662248 2021-11-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MINA WORTHINGTON PO BOX 2922 YAKIMA WA 98907 32552145 0 X WWW.SOLARITYCU.ORG X 1951 WA PROVIDE FINANCIAL SERVICES TO MEMBERS. 8 7 214 7 67790 600 0 0 38210464 30805818 3818719 231716 16237 18605 42045420 31056139 0 0 3029869 1833303 13835006 14126762 0 0 0 17023169 16107256 33888044 32067321 8157376 -1011182 719176642 796402967 607335911 681196042 111840731 115206925 PROVIDE FINANCIAL SERVICES TO MEMBERS, INCLUDING BUT NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 PROVIDE FINANCIAL SERVICES TO 55,000+ MEMBERS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS AND CREDIT CARD SERVICES. 0 0 1 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5652 0 214 1 1 1 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X MINA WORTHINGTON 5092481720 110 N 5TH AVENUE YAKIMA WA 98902 MINA WORTHINGTON PRESIDENT/CEO 40.00 X X 568209 0 221573 LILLIE HIGGENBOTHAM MORTGAGE LOAN OFFICER 40.00 X 760505 0 24704 DEREK PEMBERTON MORTGAGE LOAN OFFICER 40.00 X 584892 0 18440 VALENTIN VILLA MORTGAGE LOAN OFFICER 40.00 X 445942 0 27905 CHELSEA WAGNER MORTGAGE LOAN OFFICER 40.00 X 390480 0 18513 LUCIA OCHOA MORTGAGE LOAN OFFICER 40.00 X 341612 0 19638 RALPH CUMBEE CHIEF REVENUE OFFICER 40.00 X 242099 0 117813 CARRIE GABBARD CHIEF OPERATING OFFICER 40.00 X 241351 0 76823 PAUL GARRIGUES CHIEF FINANCIAL OFFICER 40.00 X 251819 0 39641 DAVID ELDRED CHIEF EXPERIENCE OFFICER 40.00 X 141362 0 15713 CHAD RITCHIE CHIEF INFORMATION OFFICER (LEFT 03/20) 40.00 X 136312 0 13635 STEVEN BROWN CHIEF LENDING OFFICER 40.00 X 22733 0 1355 TERRY MORGAN CHAIRMAN 1.00 X X 0 0 0 MICHAEL MEYER VICE CHAIR 1.00 X X 0 0 0 GARY KISSLING SECRETARY 1.00 X X 0 0 0 JAMES HURLEY DIRECTOR 1.00 X 0 0 0 DOUG NICHOLSON DIRECTOR 1.00 X 0 0 0 REGAN MYERS DIRECTOR 1.00 X 0 0 0 MERRILOU HARRISON DIRECTOR 1.00 X 0 0 0 4127316 0 595753 29 0 1 0 WAPITI YAKIMA LLC 2410 TERRACE HTS DRIVE YAKIMA WA 98901 CONSTRUCTION LABOR 756844 AMERICAN REPORTING COMPANY LLC 6628 212TH ST SW SUITE 100 LYNNWOOD WA 98036 REAL ESTATE APPRAISAL SERVICES 730745 COOK SECURITY GROUP 9225 NE CASCADE PARKWAY PORTLAND OR 97220 ATM MAINTENANCE 658964 CATALYSS LLC 200 GALLOWAY DR YAKIMA WA 98908 CONSTRUCTION LABOR 559550 ALPINE SUMMIT BUILDERS 2204 NOB HILL BLVD STE G YAKIMA WA 98908 CONSTRUCTION LABOR 465382 16 INTEREST ON LOANS 522100 22675292 22675292 FEES AND CHARGES 522100 4541907 4474117 67790 INTERCHANGE INCOME 522100 3588619 3588619 30805818 993150 993150 23256 4651 18605 18605 18605 729921 1491355 -761434 -761434 -761434 31056139 30738028 67790 250321 1833303 2090438 8807075 190009 2067411 971829 98196 182000 7234 7655 2229440 897620 4401416 648775 207131 594114 1352577 87994 PROVISION FOR LOAN LOSS 2478000 LOAN SERVICING 1969819 MISCELLANEOUS EXPENSES 566929 ATM EXPENSES 378356 32067321 6096047 11221268 134958280 126571480 4297578 13450368 450552924 462476524 1468522 1760925 28584204 15203915 15207684 13380289 30201821 30693901 1895900 2116000 143926 59805 74353960 134672407 719176642 796402967 19551472 20377834 1291406 1555122 25000000 20000000 561493033 639263086 607335911 681196042 X 0 0 0 0 111840731 115206925 111840731 115206925 719176642 796402967 -1011182 4377376 0 X 0 0 0 7234 7234 7234 1 NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SUTE 350 SEATAC WA 98188 910460483 7234 PART I-A, LINE 1: CONTRIBUTIONS TO POLITICAL ORGANIZATIONS 0 1 X 1946088 1946088 12706246 4304772 8401474 532215 198459 333756 12658859 10700684 1958175 740796 740796 13380289 ACCRUED INTEREST RECEIVABLE 1612753 OTHER ASSETS 4798628 NCUSIF DEPOSIT 5873952 LOANS HELD FOR SALE 114289694 PENSION PLAN ASSETS 8097380 134672407 MEMBERS' SHARE AND SAVINGS ACCOUNT 639263086 639263086 PART IV, LINE 2B: BALANCE REPRESENTS THE HOLDING OF TAXES AND INSURANCE ACCOUNTS FOR MORTGAGE BORROWERS. X 1 1 X X X 0 1 0 MINA WORTHINGTON PRESIDENT/CEO 517541 0 0 0 50668 0 213458 0 8115 0 789782 0 0 0 LILLIE HIGGENBOTHAM MORTGAGE LOAN OFFICER 113135 0 646410 0 960 0 17100 0 7604 0 785209 0 0 0 DEREK PEMBERTON MORTGAGE LOAN OFFICER 89250 0 495107 0 535 0 17100 0 1340 0 603332 0 0 0 VALENTIN VILLA MORTGAGE LOAN OFFICER 48471 0 395916 0 1555 0 17100 0 10805 0 473847 0 0 0 CHELSEA WAGNER MORTGAGE LOAN OFFICER 68199 0 321256 0 1025 0 17100 0 1413 0 408993 0 0 0 LUCIA OCHOA MORTGAGE LOAN OFFICER 53726 0 286966 0 920 0 17100 0 2538 0 361250 0 0 0 RALPH CUMBEE CHIEF REVENUE OFFICER 231660 0 0 0 10439 0 116811 0 1002 0 359912 0 0 0 CARRIE GABBARD CHIEF OPERATING OFFICER 220226 0 0 0 21125 0 68708 0 8115 0 318174 0 0 0 PAUL GARRIGUES CHIEF FINANCIAL OFFICER 231044 0 0 0 20775 0 31978 0 7663 0 291460 0 0 0 DAVID ELDRED CHIEF EXPERIENCE OFFICER 140237 0 0 0 1125 0 8050 0 7663 0 157075 0 0 0 PART I, LINE 1A HEALTH CLUB DUES ARE REIMBURSED UP TO $15 PER MONTH PER EMPLOYEE. ANY AMOUNT REIMBURSED IS INCLUDED IN TAXABLE COMPENSATION TO THE EMPLOYEE. PART I, LINE 4B THE CREDIT UNION PROVIDES DEFERRED 457(F) COMPENSATION PLANS COVERING CERTAIN EMPLOYEES, WHICH WILL BE PAYABLE IN ACCORDANCE WITH THE TERMS OF THE UNDERLYING AGREEMENTS. THE FOLLOWING CONTRIBUTIONS TO THE 457(F) PLAN WERE MADE DURING 2020. MINA WORTHINGTON - $176,858 RALPH CUMBEE - $92,278 CARRIE GABBARD - $34,682 PAUL GARRIGUES - $1,329 DAVID ELDRED - $1,329 THERE WERE NO DISTRIBUTIONS MADE FROM THE 457(F) PLAN DURING 2020. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD SHALL APPOINT AN EXECUTIVE COMMITTEE OF NOT FEWER THAN THREE (3) DIRECTORS TO SERVE AT ITS PLEASURE. UNLESS OTHERWISE CHANGED BY THE BOARD BY RESOLUTION, THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD OFFICERS WHO ARE DIRECTORS. THE EXECUTIVE COMMITTEE SHALL MEET AS OFTEN AS NECESSARY AS CALLED BY THE CHAIRPERSON. AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE, EACH DIRECTOR PRESENT SHALL HAVE ONE VOTE ON ANY MATTER AND EXCEPT AS OTHERWISE PROVIDED BY THE ACT OR THESE BYLAWS, THE ACTION OF A MAJORITY OF EXECUTIVE COMMITTEE MEMBERS AT A MEETING SHALL BE THE ACT OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE WILL HAVE THE AUTHORITY TO EXERCISE ALL OF THE POWERS OF THE CREDIT UNION'S BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE WILL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO: - AMENDING THE CREDIT UNION'S BYLAWS OR ARTICLES OF INCORPORATION - EXERCISING THE NON-DELEGABLE POWERS UNDER THE ACT - REMOVING OR SUSPENDING OFFICERS FROM THEIR OFFICE OR COMMITTEE MEMBERS FROM THEIR COMMITTEES UNDER ARTICLE VI, SECTION 9 - APPOINTING INTERIM DIRECTORS UNDER ARTICLE VI, SECTION 11 - ADOPTING A PLAN OF MERGER OR LIQUIDATION, OR CHANGING THE CHARTER OF THE CREDIT UNION FORM 990, PART VI, SECTION A, LINE 6 PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF INDIVIDUALS WHO LIVE, WORK, WORSHIP, OR GO TO SCHOOL IN WASHINGTON STATE AND ENTERPRISES OR ORGANIZATIONS LOCATED IN THE SAME AREA IDENTIFIED, DIRECTORS, EMPLOYEES, VOLUNTEERS AND RETIREES OF ENTERPRISES OR ORGANIZATIONS, AND MEMBERS OF NORTHWEST CREDIT UNION FOUNDATION. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM AND THEIR SPOUSES MAY BE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ON BOARD AND COMMITTEE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE CFO IS RESPONSIBLE FOR THE FORM 990. THE CFO AND ACCOUNTING MANAGER REVIEW AND APPROVE FOR SUBMISSION. THE BOARD OF DIRECTORS WILL BE NOTIFIED UPON FILING OF THE RETURN AND A COPY OF THE RETURN WILL BE PROVIDED TO MEMBERS OF THE BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO THE REQUIREMENTS AND RESTRICTIONS OF THE CREDIT UNION CODE OF ETHICS, NO DIRECTOR, COMMITTEE MEMBER, OFFICER, OR EMPLOYEE OF THE CREDIT UNION MAY HAVE A PECUNIARY INTEREST IN ANY CONTRACT OR TRANSACTION WITH THE CREDIT UNION UNLESS THIS INTEREST IS DISCLOSED AND MADE KNOWN TO THE BOARD OF DIRECTORS. NO DIRECTOR OR COMMITTEE MEMBER OF THE CREDIT UNION SHALL PARTICIPATE IN THE DELIBERATION OF ANY QUESTION AFFECTING THEIR OWN PECUNIARY INTEREST. SUCH DIRECTOR OR COMMITTEE MEMBER SHALL WITHDRAW FROM THE DELIBERATION AND DECISION UPON SUCH INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS INDEPENDENTLY DETERMINES COMPENSATION FOR THE CEO BY USING INDUSTRY BENCHMARK SURVEYS. SALARY SURVEYS ARE DOCUMENTED BY HUMAN RESOURCES. DECISIONS ARE DOCUMENTED BY A MEMO THAT IS APPROVED BY THE EXECUTIVE COMMITTEE (BOARD) MEMBERS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS PERFORMED BY THE PRESIDENT/CEO. INDUSTRY BENCHMARK SURVEYS ARE USED AND THE DECISION IS DOCUMENTED BY HUMAN RESOURCES IN THE PERSONNEL FILES OF THE EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE INCLUDED AS PART OF THE ANNUAL REPORT AND ARE MADE AVAILABLE TO CURRENT AND POTENTIAL MEMBERS.