CREDIT UNIONS IN THE STATE OF WASHINGTON: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF WASHINGTON (EIN 91-0659059)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-10
- IRS object ID
- 202003159349303765
- Schema version
- 2019v5.1
- 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 | 2020-11-10T13:47:46-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 EAST THOMAS ROAD SUITE 2300 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910659059 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARBORSTONE CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARB | BusinessNameControlTxt |
| Phone | 2535891105 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4207 | AddressLine1Txt |
| City | TACOMA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98438 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FOREST HAYES | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2535891105 | PhoneNum |
| Signature | 2020-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY C GREEN | PreparerPersonNm |
| PTIN | P00447183 | PTIN |
| Phone | 6022662248 | PhoneNum |
| Preparation | 2020-11-09 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-09 | IPDt |
| IP Tm | 21:33:24 | IPTm |
| IP Timezone | MS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D73E359738BDAD79C2EC8539ABD5DE3741BC0024 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FC9A45E43718A07F79C42053BA56CF0CE37CD438 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PHIL JONES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4207 | AddressLine1Txt |
| City | TACOMA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98438 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $87,911,383 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.HARBORSTONE.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | HARBORSTONE CREDIT UNION EXISTS TO BE AN ANCHOR OF TRUST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 257 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $272,213 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $56,864,730 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $61,125,577 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,410,097 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,917,460 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$135,708 | PYOtherRevenueAmt |
| CY Other Revenue | $820,611 | CYOtherRevenueAmt |
| PY Total Revenue | $61,139,119 | PYTotalRevenueAmt |
| CY Total Revenue | $70,863,648 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $129,433 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $326,526 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $7,466,521 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,083,277 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,492,816 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $29,678,627 | PYOtherExpensesAmt |
| CY Other Expenses | $31,167,194 | CYOtherExpensesAmt |
| PY Total Expenses | $49,891,337 | PYTotalExpensesAmt |
| CY Total Expenses | $60,453,057 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,247,782 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,410,591 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,335,183,051 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,532,553,283 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,178,387,553 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,360,846,614 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $156,795,498 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $171,706,669 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE CREDIT UNION IS A MEMBER OWNED, NOT FOR PROFIT, COOPERATIVE, OPERATED FOR THE PURPOSE OF CREATING A MEANS WHEREBY MEMBERS CAN PROVIDE EACH OTHER WITH NEEDED FINANCIAL SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDING CONSUMER AND MORTGAGE LOANS FOR 36,059 MEMBERS TOTALING $865,463,656. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVIDING BUSINESS LOANS TO 351 MEMBERS TOTALING $254,245,420. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MAINTAINING DEPOSITS ON 83,874 MEMBERS AND BUSINESS ACCOUNTS TOTALING $1,321,360,154. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 31277 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 257 | 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 | 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 | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOREST HAYES CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2535842260 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9611 GRAVELLY LAKE DRIVE SW | AddressLine1Txt |
| City | LAKEWOOD | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 984992761 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| PHIL JONES | ||||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $1,133,947 | $0 | $510,895 | |||
| LAURIE LENO | ||||||||
| SR VP CFO (RESIGNED 2/19) | 40.00 | Yes (X) | $375,706 | $0 | $10,918 | |||
| DOUG RICHARDSON | ||||||||
| VP TRAINING/ADMINISTRATION | 40.00 | $285,185 | $0 | $26,707 | Yes (X) | |||
| STEVE CROSBY | ||||||||
| SR VP COO | 40.00 | $236,617 | $0 | $40,041 | Yes (X) | |||
| FOREST HAYES | ||||||||
| SR VP CFO | 40.00 | Yes (X) | $226,024 | $0 | $40,082 | |||
| LISA STURGIS | ||||||||
| SR VP | 40.00 | $221,480 | $0 | $24,604 | Yes (X) | |||
| MICHAEL POWELL | ||||||||
| SR VP CLO | 40.00 | $209,696 | $0 | $33,267 | Yes (X) | |||
| MICHAEL DECIUS | ||||||||
| SR VP CIO | 40.00 | $204,834 | $0 | $32,588 | Yes (X) | |||
| FRANK MARZANO | ||||||||
| VP BUSINESS BANKING | 40.00 | $156,059 | $0 | $32,053 | Yes (X) | |||
| STEPHANIE NICKLAUS | ||||||||
| VP CHIEF CREDIT OFFICER | 40.00 | $147,490 | $0 | $25,069 | Yes (X) | |||
| SCOTT BECKWITH | ||||||||
| VP BUSINESS BANKING | 40.00 | $142,687 | $0 | $24,651 | Yes (X) | |||
| ERIC ZITTEL | ||||||||
| VP CONSUMER LENDING | 40.00 | $140,524 | $0 | $18,650 | Yes (X) | |||
| ANN ANDERSON | ||||||||
| CHAIR | 2.00 | Yes (X) | $28,560 | $0 | $9,838 | Yes (X) | ||
| BONNIE KERN | ||||||||
| DIRECTOR | 2.00 | $19,576 | $0 | $5,204 | Yes (X) | |||
| LINDA CRANE NELSON | ||||||||
| SECRETARY | 2.00 | Yes (X) | $19,126 | $0 | $2,618 | Yes (X) | ||
| RICK STEVENS | ||||||||
| DIRECTOR | 2.00 | $15,000 | $0 | $5,799 | Yes (X) | |||
| SHELLIE WILLIS | ||||||||
| DIRECTOR | 2.00 | $15,372 | $0 | $4,385 | Yes (X) | |||
| MICHAEL GEDEON | ||||||||
| DIRECTOR | 2.00 | $15,358 | $0 | $3,415 | Yes (X) | |||
| IVAN BARRON | ||||||||
| DIRECTOR | 2.00 | $15,000 | $0 | $3,546 | Yes (X) | |||
| RICHARD EVANS | ||||||||
| DIRECTOR | 2.00 | $15,000 | $0 | $3,253 | Yes (X) | |||
| JIM BUCK | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | $15,000 | $0 | $3,181 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,638,241 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $860,764 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 23 | 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 |
|---|---|---|---|---|---|
| NRC CORPORATION | |||||
| PO BOX 740641 | LOS ANGELES | CA | 90074 | ONLINE BANKING PROVIDER | $2,274,014 |
| FISERV CNS | |||||
| PO BOX 5037 263 | PORTLAND | OR | 97208 | ATM/NETWORK PROCESSOR | $1,000,081 |
| FIDELITY INFORMATION SERVICES INC | |||||
| PO BOX 4535 | CAROL STREAM | IL | 60197 | CORE PROCESSOR, CHECK PROCESSING | $997,344 |
| COOK SECURITY GROUP | |||||
| 9225 NE CASCADES PARKWAY | PORTLAND | OR | 97220 | ATM SERVICING | $281,727 |
| KINGS5COM | |||||
| PO BOX 637386 | CINCINNATI | OH | 45263 | ADVERTISING | $272,001 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 42 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST FROM LOANS | 522100 | $48,552,120 | $48,552,120 | |
| INTERCHANGE INCOME | 522100 | $4,814,518 | $4,814,518 | |
| FEE INCOME | 522100 | $3,128,837 | $3,015,550 | $113,287 |
| NONSUFFICIENT FUNDS AND OVERDRAFT | 522100 | $3,006,130 | $3,006,130 | |
| REVENUE-SHARING INCOME | 522100 | $870,399 | $870,399 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $753,573 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $654,010 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $99,563 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $61,125,577 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,294,951 | TotalRevenueColumnAmt |
| Exclusion | $5,294,951 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $167,377 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $167,377 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $167,377 | TotalRevenueColumnAmt |
| Exclusion | $167,377 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,550,164 | SecuritiesAmt |
| Other | $120,080 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,924,801 | SecuritiesAmt |
| Other | $122,934 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,625,363 | SecuritiesAmt |
| Other | -$2,854 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,622,509 | TotalRevenueColumnAmt |
| Exclusion | $3,622,509 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $653,234 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $59,363 | UnrelatedBusinessRevenueAmt |
| Exclusion | $593,871 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $653,234 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,863,648 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $60,912,727 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $272,213 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,678,708 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,526 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,466,521 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,499,931 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,901,592 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,424,870 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,356,430 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,309,993 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,415 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,720 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,769,175 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,200,146 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,726,420 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,892,246 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,044 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,015 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,517,189 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,255,490 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,156 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $8,632,093 |
| LOAN SERVICING | $2,249,531 |
| ATM PROCESSING | $1,936,369 |
| REPAIRS AND MAINTENANCE | $1,878,412 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,337,773 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,453,057 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,050,313 | BOYAmt |
| EOY | $4,184,050 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,803,014 | BOYAmt |
| EOY | $78,905,521 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,101,823 | BOYAmt |
| EOY | $1,923,367 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,899,125 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,035,673,916 | BOYAmt |
| EOY | $1,117,322,044 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,638,827 | BOYAmt |
| EOY | $2,158,166 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $54,381,203 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,831,427 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,504,341 | BOYAmt |
| EOY | $25,549,776 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,240,957 | BOYAmt |
| EOY | $256,176,812 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,337,138 | BOYAmt |
| EOY | $6,026,185 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,419,439 | BOYAmt |
| EOY | $1,870,956 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,413,283 | BOYAmt |
| EOY | $34,537,281 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,183,051 | BOYAmt |
| EOY | $1,532,553,283 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,640,214 | BOYAmt |
| EOY | $9,841,153 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,000,000 | BOYAmt |
| EOY | $30,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,082,747,339 | BOYAmt |
| EOY | $1,321,005,461 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,178,387,553 | BOYAmt |
| EOY | $1,360,846,614 | 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 | $156,795,498 | BOYAmt |
| EOY | $171,706,669 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,795,498 | BOYAmt |
| EOY | $171,706,669 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,183,051 | BOYAmt |
| EOY | $1,532,553,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,410,591 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,966,093 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $534,487 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $13,692 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $13,692 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $13,692 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWEST CREDIT UNION ASSOCIATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18000 INTERNATIONAL BLVD SUITE 35 | AddressLine1Txt |
| City | SEATAX | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98188 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910460483 | EIN |
| Paid Internal Funds | $13,692 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | 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 | $7,276,197 | OtherCostOrOtherBasisAmt |
| Book Value | $7,276,197 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,018,089 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,392,999 | DepreciationAmt |
| Book Value | $12,625,090 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,511,368 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,284,886 | DepreciationAmt |
| Book Value | $3,226,482 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,074,478 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,153,542 | DepreciationAmt |
| Book Value | $1,920,936 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $501,071 | OtherCostOrOtherBasisAmt |
| Book Value | $501,071 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,549,776 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERS' SHARE AND SAVINGS ACCOUNTS | Desc |
| Amt | $1,321,005,461 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,321,005,461 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION IS EXEMPT, UNDER INTERNAL REVENUE CODE 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE. 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, 2019 AND 2018. THE CREDIT UNION'S 2016 THROUGH 2018 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| SOUND OUTREACH | |||||||
| 1106 MARTIN LUTHER KING JR WAY | TACOMA | WA | 98405 | 911741624 | 501(C)(3) | $40,000 | UNRESTRICTED |
| BUSINESS IMPACT NW | |||||||
| 1437 S JACKSON ST | SEATTLE | WA | 98144 | 911764008 | 501(C)(3) | $25,000 | UNRESTRICTED |
| TREEHOUSE | |||||||
| 2100 24TH AVENUE SOUTH NO 200 | SEATTLE | WA | 98144 | 911425676 | 501(C)(3) | $25,000 | UNRESTRICTED |
| JUNIOR ACHIEVEMENT OF WASHINGTON | |||||||
| 1700 WESTLAKE AVE SUITE 400 | SEATTLE | WA | 98109 | 910604913 | 501(C)(3) | $25,000 | UNRESTRICTED |
| PIKE PLACE MARKET FOUNDATION | |||||||
| 93 PIKE ST SUITE 310 | SEATTLE | WA | 98101 | 911197625 | 501(C)(3) | $21,700 | UNRESTRICTED |
| YWCA SEATTLE | |||||||
| 1118 FIFTH AVENUE | SEATTLE | WA | 98101 | 910482890 | 501(C)(3) | $10,000 | UNRESTRICTED |
| PIERCE MILITARY & BUSINESS ALLIANCE | |||||||
| PO BOX 4207 | TACOMA | WA | 98438 | 383675245 | 501(C)(3) | $15,000 | UNRESTRICTED |
| AMERICAN CANCER SOCIETY OF WASHINGTON INC | |||||||
| 1324 FOREST AVE STE 420 | STATEN ISLAND | NY | 10302 | 814392579 | 501(C)(3) | $13,500 | UNRESTRICTED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | REQUESTS FOR GRANTS ARE EVALUATED BY THE CREDIT UNION QUARTERLY. ORGANIZATIONS REQUESTING OR RECEIVING GRANTS UNDER $2,500 MUST PROVIDE THEIR IRS EXEMPTION LETTER STATING THEY ARE 501(C)(3), A CORPORATE GIVING APPLICATION PRODUCED BY THE CREDIT UNION, A COMPLETED BUDGET FOR THE EVENT OR PROJECT AND EXPLAIN THE SOURCES OF REVENUE AND SUPPORTING DOCUMENTATION FOR USE OF FUNDS. THE CORPORATE GIVING APPLICATION REQUESTS THE GRANT'S PURPOSE, HOW THE FUNDS WILL BE USED AND HOW THE FUNDS WILL IMPACT THE LOCAL COMMUNITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHIL JONES | ||||||||||||||
| PRESIDENT & CEO | $1,002,847 | $0 | $131,100 | $0 | $0 | $0 | $494,641 | $0 | $16,254 | $0 | $1,644,842 | $0 | $0 | $0 |
| LAURIE LENO | ||||||||||||||
| SR VP CFO (RESIGNED 2/19) | $39,180 | $0 | $17,956 | $0 | $318,570 | $0 | $8,249 | $0 | $2,669 | $0 | $386,624 | $0 | $138,594 | $0 |
| DOUG RICHARDSON | ||||||||||||||
| VP TRAINING/ADMINISTRATION | $138,671 | $0 | $13,914 | $0 | $132,600 | $0 | $16,972 | $0 | $9,735 | $0 | $311,892 | $0 | $132,600 | $0 |
| STEVE CROSBY | ||||||||||||||
| SR VP COO | $216,687 | $0 | $19,930 | $0 | $0 | $0 | $26,102 | $0 | $13,939 | $0 | $276,658 | $0 | $0 | $0 |
| FOREST HAYES | ||||||||||||||
| SR VP CFO | $213,161 | $0 | $12,863 | $0 | $0 | $0 | $24,934 | $0 | $15,148 | $0 | $266,106 | $0 | $0 | $0 |
| LISA STURGIS | ||||||||||||||
| SR VP | $213,501 | $0 | $7,979 | $0 | $0 | $0 | $11,824 | $0 | $12,780 | $0 | $246,084 | $0 | $0 | $0 |
| MICHAEL POWELL | ||||||||||||||
| SR VP CLO | $202,910 | $0 | $6,786 | $0 | $0 | $0 | $23,367 | $0 | $9,900 | $0 | $242,963 | $0 | $0 | $0 |
| MICHAEL DECIUS | ||||||||||||||
| SR VP CIO | $194,421 | $0 | $10,413 | $0 | $0 | $0 | $22,718 | $0 | $9,870 | $0 | $237,422 | $0 | $0 | $0 |
| FRANK MARZANO | ||||||||||||||
| VP BUSINESS BANKING | $143,765 | $0 | $12,294 | $0 | $0 | $0 | $17,295 | $0 | $14,758 | $0 | $188,112 | $0 | $0 | $0 |
| STEPHANIE NICKLAUS | ||||||||||||||
| VP CHIEF CREDIT OFFICER | $135,617 | $0 | $11,873 | $0 | $0 | $0 | $16,211 | $0 | $8,858 | $0 | $172,559 | $0 | $0 | $0 |
| SCOTT BECKWITH | ||||||||||||||
| VP BUSINESS BANKING | $131,595 | $0 | $11,092 | $0 | $0 | $0 | $15,759 | $0 | $8,892 | $0 | $167,338 | $0 | $0 | $0 |
| ERIC ZITTEL | ||||||||||||||
| VP CONSUMER LENDING | $133,365 | $0 | $7,159 | $0 | $0 | $0 | $7,513 | $0 | $11,137 | $0 | $159,174 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1B | FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS TRAVEL ON LONG-DISTANT FLIGHTS IS PROVIDED TO THE BOARD CHAIR DUE TO A CHRONIC MEDICAL CONDITION. TRAVEL FOR COMPANIONS: SPOUSES/COMPANIONS ARE ALLOWED TO TRAVEL WITH EXECUTIVE MANAGEMENT AND BOARD MEMBERS AND IS LIMITED TO $600. |
| PART I, LINES 4A-B | LAURIE LENO RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $134,000 DURING 2019. THE CREDIT UNION HAS DEFERRED COMPENSATION AGREEMENTS WITH MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM THAT PROVIDE BENEFITS PAYABLE TO THESE EMPLOYEES IF THEY REMAIN EMPLOYED BY THE CREDIT UNION UNTIL A SPECIFIC DATE. IF THESE EMPLOYEES BECOME FULLY DISABLED OR UPON DEATH, A PORTION OF THE BENEFIT WILL BE DISBURSED AS DEFINED IN THE AGREEMENTS. THE BENEFITS ARE SUBJECT TO FORFEITURE IF EMPLOYMENT IS TERMINATED FOR CAUSE OR IF THE EMPLOYEE IS NO LONGER EMPLOYED BY THE CREDIT UNION ON THE PAYMENT DATE AS DEFINED. THE ESTIMATED LIABILITY UNDER THE AGREEMENTS IS BEING ACCRUED OVER THE REMAINING TERM OF EACH AGREEMENT. THE CREDIT UNION HAS ACCRUED APPROXIMATELY $1,944,000 UNDER THESE AGREEMENTS AT DECEMBER 31, 2019. THE FOLLOWING EMPLOYEES RECEIVED CONTRIBUTIONS UNDER THIS PLAN DURING 2019: PHIL JONES - $463,841 THE FOLLOWING EMPLOYEES RECEIVED DISTRIBUTIONS FROM THIS PLAN DURING 2019: LAURIE LENO - $138,594 DOUG RICHARDSON - $132,600 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (22 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| PHIL JONES | |||||||
| CEO | PERSONAL LINE OF CREDIT | Yes (X) | $10,000 | $9,150 | 0 | Yes (1) | Yes (1) |
| PHIL JONES | |||||||
| CEO | MORTGAGE | Yes (X) | $484,350 | $461,080 | 0 | Yes (1) | Yes (1) |
| STEVE CROSBY | |||||||
| COO | VEHICLE | Yes (X) | $54,085 | $45,840 | 0 | Yes (1) | Yes (1) |
| STEVE CROSBY | |||||||
| COO | PERSONAL LINE OF CREDIT | Yes (X) | $10,000 | $4,250 | 0 | Yes (1) | Yes (1) |
| STEVE CROSBY | |||||||
| COO | MORTGAGE | Yes (X) | $570,000 | $539,287 | 0 | Yes (1) | Yes (1) |
| MIKE DECIUS | |||||||
| CIO | INSTALLMENT | Yes (X) | $10,000 | $2,121 | 0 | Yes (1) | Yes (1) |
| MIKE DECIUS | |||||||
| CIO | VEHICLE | Yes (X) | $30,307 | $17,353 | 0 | Yes (1) | Yes (1) |
| MIKE DECIUS | |||||||
| CIO | VEHICLE | Yes (X) | $43,530 | $32,016 | 0 | Yes (1) | Yes (1) |
| MIKE DECIUS | |||||||
| CIO | MORTGAGE | Yes (X) | $513,000 | $509,917 | 0 | Yes (1) | Yes (1) |
| LISA STIRGUS | |||||||
| CHIEF EXPERIENCE OFFICER | MORTGAGE | Yes (X) | $520,000 | $509,368 | 0 | Yes (1) | Yes (1) |
| FOREST HAYES | |||||||
| CFO | MORTGAGE | Yes (X) | $480,000 | $391,658 | 0 | Yes (1) | Yes (1) |
| FOREST HAYES | |||||||
| CFO | RV | Yes (X) | $15,000 | $13,858 | 0 | Yes (1) | Yes (1) |
| ANN ANDERSON | |||||||
| BOD | VEHICLE | Yes (X) | $22,389 | $16,362 | 0 | Yes (1) | Yes (1) |
| ANN ANDERSON | |||||||
| BOD | VEHICLE | Yes (X) | $51,520 | $16,721 | 0 | Yes (1) | Yes (1) |
| ANN ANDERSON | |||||||
| BOD | HELOC | Yes (X) | $100,000 | $76,124 | 0 | Yes (1) | Yes (1) |
| RICK STEVENS | |||||||
| BOD | BUSINESS TERM LOAN | Yes (X) | $17,000 | $7,424 | 0 | Yes (1) | Yes (1) |
| RICK DAHL | |||||||
| SUPERVISORY COMMITTEE | MORTGAGE | Yes (X) | $200,000 | $198,431 | 0 | Yes (1) | Yes (1) |
| FRANK MARZANO | |||||||
| VP BUSINESS SALES & SERVICE | MORTGAGE | Yes (X) | $57,300 | $37,366 | 0 | Yes (1) | Yes (1) |
| STEPHANIE NICKLAUS | |||||||
| VP BUSINESS LENDING | MORTGAGE | Yes (X) | $360,000 | $330,553 | 0 | Yes (1) | Yes (1) |
| SCOTT BECKWITH | |||||||
| VP BUSINESS BANKING | MORTGAGE | Yes (X) | $346,000 | $278,829 | 0 | Yes (1) | Yes (1) |
| SCOTT BECKWITH | |||||||
| VP BUSINESS BANKING | HELOC | Yes (X) | $262,800 | $17,834 | 0 | Yes (1) | Yes (1) |
| ERIC ZITTEL | |||||||
| VP CONSUMER LENDING | MORTGAGE | Yes (X) | $390,900 | $383,583 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $3,899,125 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD MAY ELECT AN EXECUTIVE COMMITTEE OF NOT FEWER THAN 3 DIRECTORS TO SERVE AT ITS PLEASURE. UNLESS OTHERWISE CHANGED BY THE BOARD BY RESOLUTION, THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD OFFICERS. 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 BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE WILL NOT HAVE THE AUTHORITY OF THE BOARD 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 UNDER ARTICLE 6 SECTION 6.4 OR COMMITTEE MEMBERS FROM THEIR COMMITTEES; - APPOINTING INTERIM DIRECTORS UNDER ARTICLE 6, SECTION 6.5; - SUSPEND BOARD OR SUPERVISORY COMMITTEE MEMBERS; AND - 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 THOSE WHO LIVE, WORK, WORSHIP, OR GO TO SCHOOL IN THE STATE OF WASHINGTON. 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 OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. |
| 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 GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, ALL EMPLOYEES & VOLUNTEERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY. SIGNATURES ARE OBTAINED VERIFYING THAT THEY ATTEST TO HAVING READ THE POLICY. ADDITIONALLY, EACH NEW EMPLOYEE HIRED BY THE CREDIT UNION REVIEWS THE CONFLICT OF INTEREST POLICY ON THEIR FIRST DAY OF EMPLOYMENT. IF A SITUATION ARISES INVOLVING A CONFLICT OF INTEREST, IT SHALL BE REPORTED TO THE PRESIDENT/CEO OR TO THE CHAIR OF THE BOARD OF DIRECTORS, AS APPLICABLE, IN ORDER TO PERMIT CONSIDERATION OF THE CIRCUMSTANCES AND THEREBY TO RELIEVE THE INDIVIDUAL(S) REPORTING SUCH A CONFLICT FROM LIABILITY. EACH INSTANCE OF A CONFLICT OF INTEREST SHALL BE ADDRESSED DURING THE NEXT BOARD MEETING FOLLOWING ITS SUBMISSION. ANY DISCUSSION CONCERNING THE CONFLICT OF INTEREST SHALL BE NOTED IN THE MINUTES OF THE MEETING. A MEMBER OF THE BOARD OF DIRECTORS SHALL NOT VOTE ON ANY CONFLICT OF INTEREST ITEM CONCERNING HIM/HERSELF. |
| FORM 990, PART VI, SECTION B, LINE 15 | WE UTILIZE VARIOUS REPUTABLE, THIRD-PARTY MARKET DATA SOURCES (MILLIMAN, CUES, ETC.) TO AID IN SETTING THE COMPENSATION OF THE PRESIDENT/CEO. COMPENSATION DECISIONS FOR THE PRESIDENT/CEO ARE MADE BY THE BOARD OF DIRECTORS. COMPENSATION IS REVIEWED ANNUALLY AND AS SUCH WAS REVIEWED IN 2019. THE COMPENSATION DECISION IS DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. WE UTILIZE VARIOUS REPUTABLE, THIRD-PARTY MARKET DATA SOURCES (MILLIMAN, CUES, ETC.) TO AID IN SETTING THE COMPENSATION OF OUR OTHER OFFICERS AND KEY EMPLOYEES. GENERALLY, FINAL COMPENSATION DECISIONS ARE MADE BY THE SENIOR VICE PRESIDENT/CHIEF OPERATIONS OFFICER. COMPENSATION DECISIONS FOR THE EXECUTIVE VICE PRESIDENT AND ALL OTHER SENIOR VICE PRESIDENT POSITIONS ARE MADE BY THE PRESIDENT/CEO. THIS DECISION IS REVIEWED ANNUALLY AND AS SUCH WAS REVIEWED IN 2019. THE COMPENSATION DECISION IS DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC IN THE ANNUAL REPORT AND ANNUAL MEETING, WHICH IS HELD IN MARCH OF EACH YEAR. THE CONFLICTS OF INTEREST POLICY IS NOT MADE PUBLIC. |
| FORM 990, PART XI, LINE 9: | CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 534,487. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CU SERVICES GROUP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9611 GRAVELLY LAKE DR SW | AddressLine1Txt |
| City | LAKEWOOD | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98499 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262064794 | EIN |
| Primary Activities | BUSINESS LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Total Income | $763,991 | TotalIncomeAmt |
| End Of Year Assets | $14,968,082 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARBORSTONE CREDIT UNION | BusinessNameLine1Txt |