2020-11-10T14:02:08-06:00 2019-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2019-01-01 910219435 CREDIT UNIONS IN THE STATE OF WASHINGTON BOEING EMPLOYEES CREDIT UNION CRED 2064395700 12770 GATEWAY DR S MAILSTOP 1011-1 TUKWILA WA 98168 MELBA BARTELS EVP FINANCE/CFO 2064395700 2020-11-03 1 WENDY CAMPOS P00448102 5097472600 2020-11-03 12.129.4.210 2020-11-03 10:09:57 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A8FC3026EDFBBE3D85340D5CD37AF6ADD6894A1B 2019 2021-04-22 16:20:28Z BENSON PORTER 12770 GATEWAY DR S MAILSTOP 1011-1 TUKWILA WA 98168 1171377622 0 X WWW.BECU.ORG X 1935 WA AS A COOPERATIVE, WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. 10 10 2712 0 1350412 509086 0 0 732004564 809197752 125708654 203646758 3425020 2035773 861138238 1014880283 4592355 5299128 0 0 228854065 267215125 0 0 0 374499542 467005396 607945962 739519649 253192276 275360634 19588565098 22178675264 17478637179 19725180411 2109927919 2453494853 AS A COOPERATIVE, WE BRING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. 0 0 TOTAL 1,237,456 MEMBERS; 132,988 NEW MEMBERS FOR 2019; 164,558 LOANS ORIGINATED TOTALING $9,313,043,000. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 2712 1 1 1 0 0 0 0 0 1 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X TINA WALLACE 2064395700 12770 GATEWAY DR S TUKWILA WA 98168 SUSAN EHRLICH DIRECTOR/CHAIRPERSON 6.00 X X 73968 0 0 DEBRA SOMBERG DIRECTOR 6.00 X 67303 0 0 DESIREE SERR DIRECTOR 6.00 X 64870 0 0 BILL LONGBRAKE DIRECTOR 6.00 X 63343 0 0 DAVID YONCE DIRECTOR 6.00 X 62719 0 0 WILL DAUGHERTY DIRECTOR 6.00 X 60494 0 0 JOHN MCMURRAY DIRECTOR, AUDIT COMMITTEE 6.00 X 55219 0 0 JESSIE WOOLLEY-WILSON DIRECTOR 6.00 X 58553 0 0 DENIS FARMER DIRECTOR, AUDIT COMMITTEE 6.00 X 58343 0 0 MATT OPPENHEIMER DIRECTOR 6.00 X 56953 0 0 JOHN BENSON PORTER PRESIDENT/CEO 40.00 X 1492032 0 416069 THOMAS MORGAN EVP CHIEF INFORMATION OFFICER 40.00 X 862796 0 84177 MELANIE WALSH EVP CHIEF ADMINISTRATIVE OFFICER 40.00 X 831629 0 66008 MICHAEL SCOTT STRAND EVP CHIEF OPERATING OFFICER 40.00 X 728815 0 260373 MELBA BARTELS EVP FINANCE/CFO 40.00 X 712857 0 192512 DOUGLAS MARSHALL EVP CHIEF DIGITAL & PRODUCT OFFICER 40.00 X 705045 0 95106 JOHN STEWART EVP CHIEF RISK OFFICER 40.00 X 575709 0 123048 THOMAS BERQUIST EVP CHIEF MARKETING OFFICER 40.00 X 550489 0 90879 DANA GRAY SVP COMMERICAL & BUSINESS SERVICES 40.00 X 414157 0 88680 TRAVIS SIMPSON SVP RETAIL, CONTACT CENTER AND WEALTH 40.00 X 407392 0 73756 GENNADIY HENRY DARAKHOVSKIY SVP TREASURY CIO 40.00 X 407276 0 80060 MICHAEL RYAN SVP GENERAL COUNSEL 40.00 X 398010 0 48171 LISA GROVE SVP CHIEF AUDIT EXECUTIVE 40.00 X 365138 0 80539 SEAN MURPHY SVP CHIEF INFORMATION SECURITY OFFICER 40.00 X 325925 0 11493 GREGG KATS SVP ADMINSTRATION & SERVICING 40.00 X 322421 0 125992 MICHAEL ZELL SVP DIGITAL 40.00 X 315631 0 80969 LORRAINE STEWART SVP MORTGAGE LENDING 40.00 X 314749 0 76780 AARON BRESKO SVP CONSUMER LENDING 40.00 X 309362 0 141364 KEN MYHRA SVP CREDIT CARD 40.00 X 271228 0 105978 JENNIFER FANCHER SVP ENTERPRISE STRATEGIC SERVICES 40.00 X 270444 0 70315 SARA MOOREHEAD SVP COOPERATIVE AFFAIRS 40.00 X 242090 0 12826 SHAHZAD KAZI SVP CREDIT RISK MANAGEMENT & CCO 40.00 X 204383 0 17607 ANTHONY HARRIS ASSISTANT CORPORATE SECRETARY 40.00 X 196088 0 70374 SOLYNN MCCURDY SVP SOCIAL IMPACT & BECU FOUNDATION EXECUTIVE DIRE 40.00 X 166984 0 11123 LINNEA WEXLER SR COMMERICAL RELATIONSHIP MANAGER II 40.00 X 528974 0 60122 MARK THOMSON VP COMPLIANCE & PRIVACY 40.00 X 364429 0 95456 MARC WRIGHT VP BUSINESS CREDIT ADMINISTRATION 40.00 X 353687 0 76594 MATHEW DAILEY VP INVESTMENT SERVICES 40.00 X 351338 0 86113 KYLE WELSH VP INFORMATION SECURITY 40.00 X 347103 0 7183 13957946 0 2749667 587 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PKWY ST PETERSBURG FL 33716 ONLINE BANKING 15732373 FISERV CNS 5325 S MOORLAND RD NEW BERLIN WI 53151 FINANCIAL SERVICES 13089661 MASTERCARD INTERNATIONAL 2000 PURCHASE STREET PURCHASE NY 10577 FINANCIAL SERVICES 12202226 DNA BRAND MECHANICS 1301 FIFTH AVE SUITE 2600 SEATTLE WA 98101 BRANDING & ADVERTISING 10382634 MICROSOFT CORPORATION INC ONE MICROSOFT WAY REDMOND WA 98052 SOFTWARE & CLOUD SERVICES 8995420 283 LOAN INTEREST INCOME 522291 621620936 621620936 FEE INCOME 522100 155661888 154658558 1003330 BROKER INCOME 523000 10392524 10392524 CONTRACT INCENTIVE INCOME 525990 10198759 10198759 OTHER PROGRAM REVENUE 522100 6545030 6479410 65620 4778615 4722694 55921 809197752 174594743 174594743 4564828 2754596 1810232 1810232 1810232 143761388 39033370 113948008 39794735 29813380 -761365 29052015 29052015 CUSO INVESTMENTS 525990 225541 225541 225541 1014880283 808072881 1350412 205456990 X 5299128 13227793 189828765 19918973 27950054 16289540 2702253 1406779 654857 25084115 27287533 17906249 40655058 19168902 1873297 1677126 143507127 22732674 1165936 PRODUCT COST & SERVICIN 104789307 UBI TAX EXPENSE 293982 PROVISION FOR LOAN LOSS 55776530 DUES & SUBSCRIPTIONS 649661 -325990 739519649 324344799 222702051 690649211 975186902 274794 248871 12858497050 14187247010 30437604 23796927 306206312 139494968 166765979 166711344 62554847 63912547 4690617330 5770005536 14659058 15256849 749764426 753607227 19588565098 22178675264 107632634 131348480 3680538 1963112 782809962 1583997722 16584514045 18007871097 17478637179 19725180411 X 0 0 0 0 2109927919 2453494853 2109927919 2453494853 19588565098 22178675264 X 275360634 99104346 -30898046 X 0 1 X 1 0 35308 35308 35308 1 CITIZENS TO ELECT KATHY HOUGARDY 14950 57TH AVENUE S TUKWILA WA 98168 205627651 250 CITIZENS VOTING FOR EKBERG 4920 S 161ST STREET TUKWILA WA 98188 800421457 500 DEMOCRATIC GOVERNORS ASSOCIATION 1225 EYE STREET NW SUITE 1100 WASHINGTON DC 20005 521304889 15000 ELECT KATE4 TUKWILA COMMITTEE PO BOX 69534 TUKWILA WA 98168 452564150 250 FRIENDS OF LARRY SPRINGER 700 20TH AVE W KIRKLAND WA 98033 830382872 1000 FRIENDS OF LAURIE JINKINS PO BOX 2032 TACOMA WA 98401 272214467 2000 HOUSE DEMOCRATIC CAMPAIGN COMMITTEE 4130 1ST AVENUE SOUTH STE D SEATTLE WA 98134 916178946 2000 HOUSE REPUBLICAN ORGANIZATIONAL COMMITTEE PO BOX 7222 OLYMPIA WA 98507 916177625 1000 JAY INSLEE FOR WASHINGTON PO BOX 21067 SEATTLE WA 98111 452533952 2000 MARK MULLET FOR STATE SENATE 2525 NE PARK DRIVE A ISSAQUAH WA 98029 454091046 2000 NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SEATAC WA 98188 910460483 308 SENATE REPUBLICAN CAMPAIGN COMMITTEE PO BOX 11025 OLYMPIA WA 98508 910987396 1000 THE HARRY TRUMAN FUND PO BOX 9100 SEATTLE WA 98109 911769570 1000 THE KENNEDY FUND 119 - 1ST AVE S STE 320 SEATTLE WA 98104 482745811 2000 THE LEADERSHIP COUNCIL PO BOX 12085 OLYMPIA WA 98508 911714860 2000 THE REAGUN FUND PO BOX 904 OLYMPIA WA 98507 911716818 2000 WASHINGTON SENATE DEMOCRATIC CAMPAIGN 4130 1ST AVE SOUTH STE D SEATTLE WA 98134 462614068 1000 PART I-A, LINE 1: IN 2019, BECU CONTRIBUTED PRIMARILY TO THE ELECTION CAMPAIGNS OF VARIOUS INDIVIDUALS RUNNING FOR WASHINGTON STATE ELECTED POSITIONS. 22794549 22794549 108843333 34616693 74226640 41308228 28447903 12860325 63389251 33198090 30191161 69870951 43232282 26638669 166711344 -7418824 F INVESTMENT IN STOCK 73360100 F HELD TO MATURITY & AVAILABLE FOR SALE INVESTMENTS 5704064260 F 5770005536 SHARES AND DEPOSITS 17940286864 DIVIDENDS PAYABLE 4194551 OTHER LIABILITIES 9140141 OUTSTANDING CHECKS 54249541 18007871097 X 1043059677 32672087 4925124 37597211 1005462466 9417817 9417817 1014880283 735252497 4925124 4925124 730327373 9192276 9192276 739519649 PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1954; HOWEVER, THE CREDIT UNION'S UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2019 OR 2018. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31, 2019 OR 2018. IT IS THE CREDIT UNION'S POLICY TO RECORD ANY PENALTIES OR INTEREST ARISING FROM FEDERAL OR STATE TAXES AS A COMPONENT OF NONINTEREST EXPENSE. THE CREDIT UNION FILES EXEMPT ORGANIZATION AND UNRELATED BUSINESS INCOME TAX RETURNS WITH THE FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,754,596. IMPAIRED ASSETS 2,170,528. PART XI, LINE 4B - OTHER ADJUSTMENTS: CUSO INVESTMENT INCOME 225,541. INTEREST EXPENSE 9,192,276. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,754,596. IMPAIRED ASSETS 2,170,528. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 9,192,276. 1 BECU FOUNDATION 12770 GATEWAY DRIVE S TUKWILA WA 98168 911703337 501(C)(3) 302671 56833 FMV SHARED ADMINISTRATIVE SERVICES PROVIDE ADMINISTRATIVE OPERATIONS FOR THE BECU FOUNDATION ADVOCATES FOR IMMIGRANTS IN DETENTION NW 1915 S SHERIDAN AVENUE TACOMA WA 98405 271031009 501(C)(3) 44400 DONATION AFTER-SCHOOL ALL-STARS 5900 WILSHIRE BLVD STE 2000 LOS ANGELES CA 90036 954441208 501(C)(3) 19400 DONATION ALLIANCE FOR EDUCATION 500 UNION STREET SUITE 320 SEATTLE WA 981012332 911508191 501(C)(3) 8000 DONATION AMERICAN ONLINE GIVING FOUNDATION INC 200 MAIN STREET SAFETY HARBOR FL 34695 810739440 501(C)(3) 440000 EMPLOYEE MATCHING DONATIONS AMERICAN RED CROSS 431 18TH STREET NW WASHINGTON DC 20006 530196605 501(C)(3) 10000 DONATION ARLINGTON KIDS KLOSET 135 SOUTH FRENCH BOX C ARLINGTON WA 98223 542161032 501(C)(3) 17500 DONATION ASIAN AMERICAN-PACIFIC ISLANDERS IN PHILANTHROPY 300 FRANK H OGAWA PLAZA OAKLAND CA 94612 943150064 501(C)(3) 5000 DONATION ASSOCIATION OF WASHINGTON BUSINESS 1414 CHERRY STREET SE OLYMPIA WA 98501 910496803 501(C)(3) 5500 DONATION ATHLETES FOR KIDS 3020 ISSAQUAH-PINE LAKE RD 254 SAMMAMISH WA 98075 810552451 501(C)(3) 19400 DONATION BELLEVUE COLLEGE FOUNDATION 3000 LANDERHOLM CIRCLE SE BELLEVUE WA 98007 911051671 501(C)(3) 15000 DONATION BEYOND PINK SPOKANE 4119 S CUBA STREET SPOKANE WA 99223 800638255 501(C)(3) 17500 DONATION BRIDGE DISABILITY MINISTRIES 12356 NORTHUP WAY STE 103 BELLEVUE WA 98005 911383241 501(C)(3) 19400 DONATION BRIGADOON SERVICE DOGS INC 4759 MISSION ROAD BELLINGHAM WA 98226 270100385 501(C)(3) 20000 DONATION BUSINESS IMPACT NW 1437 S JACKSON SEATTLE WA 98144 911764008 501(C)(3) 152500 DONATION CAMP JOURNEY AT ROSS POINT 820 S ROSS POINT ROAD POST FALLS ID 83854 820237661 501(C)(3) 19400 DONATION CAPITOL HILL HOUSING FOUNDATION 1620 12TH AVE STE 205 SEATTLE WA 98122 271682190 501(C)(3) 17500 DONATION CAREER PATH SERVICES 10 N POST STREET SPOKANE WA 99201 911032846 501(C)(3) 20000 DONATION CARES OF WASHINGTON 1833 N 105TH STREET STE 201 SEATTLE WA 98133 134237286 501(C)(3) 17500 DONATION CAROLINA YOUTH DEVELOPMENT CENTER 5055 LACKAWANNA BLVD NORTH CHARLESTON SC 29405 570669877 501(C)(3) 19400 DONATION CHRIST KITCHEN PO BOX 10307 SPOKANE WA 99209 473161138 501(C)(3) 10000 DONATION COLLEGE ACCESS NOW 3211 MLK WAY S SUITE A SEATTLE WA 98144 680624494 501(C)(3) 42500 DONATION COLLEGE SUCCESS FOUNDATION 15500 SE 30TH PLACE SUITE 200 BELLEVUE WA 98007 912036088 501(C)(3) 70000 DONATION COMMUNITY COLLEGES OF SPOKANE FOUNDATION 501 N RIVERPOINT BLVD MS 1005 SPOKANE WA 992176000 910886962 501(C)(3) 10000 DONATION COURTHOUSE DOGS FOUNDATION 317 109TH AVE SE BELLEVUE WA 98004 460577127 501(C)(3) 15250 DONATION CWU FOUNDATION 400 E UNIVERSITY WAY ELLENSBURG WA 98926 237017467 501(C)(3) 10000 DONATION DRESS FOR SUCCESS SEATTLE 1118 5TH AVENUE SEATTLE WA 98101 911925352 501(C)(3) 19400 DONATION EASTERN WASHINGTON UNIVERSITY FOUNDATION 102 HARGREAVES HALL CHENEY WA 99004 911019819 501(C)(3) 10000 DONATION EXPRESS CREDIT UNION 1930 6TH AVENUE S STE 104 SEATTLE WA 981341627 910573334 501(C)(3) 579869 DONATION FINANCIAL BEGINNINGS WASHINGTON 12783 GATEWAY DRIVE S TUKWILA WA 98168 814631680 501(C)(3) 35000 DONATION FIRST UNITED METHODIST CHURCH OF SEATTLE 180 DENNY WAY SEATTLE WA 98109 910564750 501(C)(3) 15000 DONATION FIRST WASHINGTON 21238 68TH AVE S KENT WA 98032 452443839 501(C)(3) 17500 DONATION FORTERRA NW 901 FIFTH AVENUE STE 2200 SEATTLE WA 98164 943112461 501(C)(3) 30000 DONATION FREEDOM EDUCATION PROJECT PUGET SOUND 918 S HORTON STREET STE 912 SEATTLE WA 98134 455291038 501(C)(3) 34400 DONATION FREEDOM PROJECT PO BOX 31191 SEATTLE WA 98103 912129474 501(C)(3) 34400 DONATION GIVING BACK PACKS SPOKANE 5428 S REGAL ST UNIT 30321 SPOKANE WA 99223 832160752 501(C)(3) 19400 DONATION GLOBAL TO LOCAL 2800 S 192ND STREET STE 104 SEA TAC WA 98188 273133200 501(C)(3) 50000 DONATION HABITAT FOR HUMANITY SEATTLE-KING COUNTY 560 NACHES AVE SW 110 RENTON WA 98057 911342397 501(C)(3) 82500 DONATION HARBOR WILD WATCH 3110 JUDSON STREET 99 GIG HARBOR WA 98335 204205938 501(C)(3) 34400 DONATION HIGHLINE HIGH SCHOOL ALUMNI FOUNDATION PO BOX 66647 BURIEN WA 98166 911667582 501(C)(3) 6000 DONATION HIGHLINE SCHOOL DISTRICT #401 15675 AMBAUM BLVD SW BURIEN WA 98166 916001631 501(C)(3) 18000 DONATION HOPEWORKS SOCIAL ENTERPRISES 3331 BROADWAY EVERETT WA 98201 800684608 501(C)(3) 6631 DONATION HOUSING DEVEPLOMENT CONSORTIUM 1326 FIFTH AVE SUITE 230 SEATTLE WI 98101 943073588 501(C)(3) 10000 DONATION HOUSING HOPE 5830 EVERGREEN WAY EVERETT WA 982033748 943060709 501(C)(3) 202500 DONATION INNOVENTURES 2100 24TH AVE S 380 SEATTLE WA 98144 911704028 501(C)(3) 7500 DONATION JUNIOR ACHIEVEMENT OF OR AND SW WA INC 7830 SE FOSTER ROAD PORTLAND OR 97206 930384007 501(C)(3) 55000 DONATION JUNIOR ACHIEVEMENT OF WASHINGTON 1700 WESTLAKE AVE N STE 100 SEATTLE WA 98109 910604913 501(C)(3) 215000 DONATION KITSAP COMMUNITY RESOURCES PO BOX 647 BREMERTON WA 98337 270313905 501(C)(3) 7000 DONATION MARY'S PLACE FOR THE ARTS 2321 HOYT AVENUE EVERETT WA 98201 453411935 501(C)(3) 19400 DONATION MENDED HEARTS OF SPOKANE 932 W 32ND AVENUE SPOKANE WA 99203 464753814 501(C)(3) 19400 DONATION MINI MART CITY PARK 851 DONOVAN STREET SEATTLE WA 98108 462201493 501(C)(3) 17500 DONATION MUSEUM OF FLIGHT 9404 E MARGINAL WAY S SEATTLE WA 98108 910785826 501(C)(3) 10000 DONATION NATIONAL CREDIT UNION FOUNDATION INC 5710 MINERAL POINT ROAD MADISON WI 53705 391383650 501(C)(3) 200000 DONATION NORTHEAST YOUTH CENTER 3004 E QUEEN AVENUE SPOKANE WA 99217 710886315 501(C)(3) 19400 DONATION NORTHWEST CREDIT UNION FOUNDATION 18000 INTERNATIONAL BLVD STE 350 SEATAC WA 98188 911649328 501(C)(3) 155500 DONATION NORTHWEST HARVEST PO BOX 12272 SEATTLE WA 98102 910826037 501(C)(3) 17500 DONATION NORTHWEST INNOVATION RESOURCE CTR 2200 RIMLAND DR STE 210 BELLINGHAM WA 982266643 273156063 501(C)(3) 25000 DONATION OPEN DOORS FOR MULTICULTURAL FAMILIES 24437 RUSSELL RD 220 KENT WA 98032 271206272 501(C)(3) 17500 DONATION OUTREACH & RESOURCE SERVICES FOR WOMEN 100002 AURORA AVE N SEATTLE WA 98133 455619578 501(C)(3) 6000 DONATION PARENT TRUST FOR WASHINGTON CHILDREN 2200 RAINIER AVE S SEATTLE WA 98144 911036940 501(C)(3) 19400 DONATION PHILANTHROPY NORTHWEST 2101 4TH AVENUE SUITE 650 SEATTLE WA 98121 911110995 501(C)(3) 25000 DONATION PIKE MARKET SENIOR CENTER & FOOD BANK 85 PIKE STREET SUITE 200 SEATTLE WA 98101 911034838 501(C)(3) 15000 DONATION PLYMOUTH HOUSING GROUP 2113 THIRD AVENUE SEATTLE WA 98121 911122621 501(C)(3) 6000 DONATION RAIN CITY ROCK CAMP FOR GIRLS 117 E LOUISA ST 445 SEATTLE WA 98102 943455872 501(C)(3) 37500 DONATION RAISING GIRLS PO BOX 7851 TACOMA WA 98417 821306270 501(C)(3) 54400 DONATION READING PARTNERS 180 GRAND AVENUE STE 800 OAKLAND CA 94612 770568469 501(C)(3) 17500 DONATION REBOOT THEATRE COMPANY 8112 5TH AVE NE SEATTLE WA 98115 814279851 501(C)(3) 19400 DONATION REBUILDING TOGETHER SOUTH SOUND 4019 S ORCHARD STREET TACOMA WA 98404 912147601 501(C)(3) 25000 DONATION SCORE GREATER SEATTLE 1175 HERNDON PARKWAY NO 900 HERNDON VA 20170 521067290 501(C)(3) 6000 DONATION SEATTLE COLLEGES FOUNDATION 1500 HARVARD AVENUE SEATTLE WA 981223803 830551671 501(C)(3) 175000 DONATION SEATTLE FOUNDATION 1601 FIFTH AVE STE 1900 SEATTLE WA 98101 916013536 501(C)(3) 50000 DONATION SEATTLE GOOD BUSINESS NETWORK 220 - 2ND AVE S STE 202 SEATTLE WA 98104 272172486 501(C)(3) 41500 DONATION SEATTLE REPERTORY THEATRE PO BOX 900923 SEATTLE WA 98109 910756535 501(C)(3) 17500 DONATION SNOQUALMIE VALLEY COMMUNITY NETWORK PO BOX 910 CARNATION WA 98014 464274413 501(C)(3) 17500 DONATION SOCIAL VENTURE PARTNERS 220 SECOND AVE S 3RD FL SEATTLE WA 98104 911894424 501(C)(3) 22500 DONATION SOUTH SEATTLE COLLEGE FOUNDATION 2101 4TH AVENUE STE 2050 SEATTLE WA 98121 911122981 501(C)(3) 12500 DONATION SPOKANE NEIGHBORHOOD ACTION PARTNERS 3102 W FORT GEORGE WRIGHT DR SPOKANE WA 992245203 911311127 501(C)(3) 98707 DONATION TACOMA SCHOOL DISTRICT NO 10 601 S 8TH STREET TACOMA WA 984011357 916001553 501(C)(3) 6000 DONATION THE BEYOND PROJECT 4508 FERNCROFT RD MERCER ISLAND WA 98040 474049333 501(C)(3) 19400 DONATION THE DANCE SCHOOL PO BOX 1833 EVERETT WA 98206 205010653 501(C)(3) 17500 DONATION THE EVERGREEN STATE COLLEGE FOUNDATION 2700 EVERGREEN PARKWAY NW L3900 OLYMPIA WA 98505 910981488 501(C)(3) 10000 DONATION THE GOOD FOOT ARTS COLLECTIVE 4913 S PILGRIM STREET SEATTLE WI 98118 911541988 501(C)(3) 17500 DONATION UNITED WAY OF SKAGIT COUNTY PO BOX 451 BURLINGTON WA 98233 910755705 501(C)(3) 15000 DONATION UNITED WAY OF SNOHOMISH COUNTY 3120 MCDOUGALL AVE SUITE 200 EVERETT WA 98201 910606507 501(C)(3) 100000 DONATION UNIVERSITY OF WASHINGTON PO BOX 3981 SEATTLE WA 98124 916001537 501(C)(3) 166250 DONATION UNIVERSITY OF WASHINGTON ALUMNI ASSOC 4333 BROOKLYN AVENUE NE SEATTLE WA 98195 910450697 501(C)(3) 285000 DONATION VICTIM SUPPORT SERVICES PO BOX 1949 EVERETT WA 982061949 910993005 501(C)(3) 17500 DONATION VIVA FARMS PO BOX 1714 MOUNT VERNON WA 98273 204396437 501(C)(3) 32500 DONATION WASHINGTON BUSINESS WEEK PO BOX 1170 RENTON WA 98051 911048245 501(C)(3) 10000 DONATION WASHINGTON DECA 200 WEST MERCER ST STE 207 SEATTLE WA 98119 911308496 501(C)(3) 16000 DONATION WASHINGTON WOMEN IN NEED 232 5TH AVE S SUITE 201 KIRKLAND WA 98033 911559848 501(C)(3) 20000 DONATION WHITE CENTER FOOD BANK 10829 8TH AVE SW SEATTLE WA 98146 911167830 501(C)(3) 15000 DONATION WORLDWIDE FOUNDATION FOR CREDIT UNIONS 5710 MINERAL POINT ROAD MADISON WI 53705 396093210 501(C)(3) 15000 DONATION WSU FOUNDATION PO BOX 641927 PULLMAN WA 99164 911075542 501(C)(3) 333000 DONATION YOUTH CARE 2500 NE 54TH STREET SEATTLE WA 98105 910917079 501(C)(3) 20000 DONATION 94 0 PART I, LINE 2: BECU MONITORS THE USE OF GRANT FUNDS IN THE U.S. BY ASKING EACH OF OUR NON-PROFIT GRANT OR DONATION RECIPIENTS TO PROVIDE PERIODIC UPDATES AND RANDOMLY CONDUCT ON SITE VISITS OF GRANT RECIPIENTS. BECU GIFT MATCHING GUIDELINES REQUIRE THE DONEE ORGANIZATION TO PROVIDE PROOF OF RECEIPT OF FUNDS AND THEIR FEDERAL TAX IDENTIFICATION NUMBER. X X 1 1 X X X X 1 1 0 JOHN BENSON PORTER PRESIDENT/CEO 691097 0 786034 0 14901 0 391395 0 24674 0 1908101 0 0 0 THOMAS MORGAN EVP CHIEF INFORMATION OFFICER 331603 0 524467 0 6726 0 70840 0 13337 0 946973 0 74437 0 MELANIE WALSH EVP CHIEF ADMINISTRATIVE OFFICER 309013 0 520927 0 1689 0 41408 0 24600 0 897637 0 291659 0 MICHAEL SCOTT STRAND EVP CHIEF OPERATING OFFICER 437867 0 288470 0 2478 0 240539 0 19834 0 989188 0 0 0 MELBA BARTELS EVP FINANCE/CFO 462535 0 245432 0 4890 0 171691 0 20821 0 905369 0 0 0 DOUGLAS MARSHALL EVP CHIEF DIGITAL & PRODUCT OFFICER 328131 0 369532 0 7382 0 78144 0 16962 0 800151 0 121749 0 JOHN STEWART EVP CHIEF RISK OFFICER 338342 0 235247 0 2120 0 101034 0 22014 0 698757 0 0 0 THOMAS BERQUIST EVP CHIEF MARKETING OFFICER 304066 0 238488 0 7935 0 69005 0 21874 0 641368 0 10871 0 DANA GRAY SVP COMMERICAL & BUSINESS SERVICES 282780 0 126523 0 4854 0 66855 0 21825 0 502837 0 0 0 TRAVIS SIMPSON SVP RETAIL, CONTACT CENTER AND WEALT 248412 0 157238 0 1742 0 46991 0 26765 0 481148 0 0 0 GENNADIY HENRY DARAKHOVSKIY SVP TREASURY CIO 267372 0 137363 0 2541 0 59739 0 20321 0 487336 0 0 0 MICHAEL RYAN SVP GENERAL COUNSEL 275699 0 120510 0 1801 0 45585 0 2586 0 446181 0 0 0 LISA GROVE SVP CHIEF AUDIT EXECUTIVE 245312 0 114934 0 4892 0 58665 0 21874 0 445677 0 0 0 SEAN MURPHY SVP CHIEF INFORMATION SECURITY OFFIC 299071 0 25000 0 1854 0 8538 0 2955 0 337418 0 0 0 GREGG KATS SVP ADMINSTRATION & SERVICING 223199 0 95024 0 4198 0 104853 0 21139 0 448413 0 0 0 MICHAEL ZELL SVP DIGITAL 251343 0 61699 0 2589 0 60195 0 20774 0 396600 0 0 0 LORRAINE STEWART SVP MORTGAGE LENDING 213069 0 97038 0 4642 0 59838 0 16942 0 391529 0 0 0 AARON BRESKO SVP CONSUMER LENDING 219124 0 85697 0 4541 0 127810 0 13554 0 450726 0 0 0 KEN MYHRA SVP CREDIT CARD 206508 0 63490 0 1230 0 83781 0 22197 0 377206 0 0 0 JENNIFER FANCHER SVP ENTERPRISE STRATEGIC SERVICES 199608 0 69428 0 1408 0 47389 0 22926 0 340759 0 0 0 SARA MOOREHEAD SVP COOPERATIVE AFFAIRS 58317 0 160536 0 23237 0 4554 0 8272 0 254916 0 0 0 SHAHZAD KAZI SVP CREDIT RISK MANAGEMENT & CCO 162238 0 25000 0 17145 0 4523 0 13084 0 221990 0 0 0 ANTHONY HARRIS ASSISTANT CORPORATE SECRETARY 156329 0 37608 0 2151 0 60290 0 10084 0 266462 0 0 0 SOLYNN MCCURDY SVP SOCIAL IMPACT & BECU FOUNDATION 166236 0 0 0 748 0 2123 0 9000 0 178107 0 0 0 LINNEA WEXLER SR COMMERICAL RELATIONSHIP MANAGER I 130634 0 397542 0 798 0 30619 0 29503 0 589096 0 0 0 MARK THOMSON VP COMPLIANCE & PRIVACY 245789 0 112139 0 6501 0 77414 0 18042 0 459885 0 0 0 MARC WRIGHT VP BUSINESS CREDIT ADMINISTRATION 236363 0 110456 0 6868 0 64150 0 12444 0 430281 0 0 0 MATHEW DAILEY VP INVESTMENT SERVICES 199260 0 147140 0 4938 0 66759 0 19354 0 437451 0 0 0 KYLE WELSH VP INFORMATION SECURITY 22806 0 116427 0 207870 0 1682 0 5501 0 354286 0 0 0 PART I, LINE 1A BECU MAINTAINS A MEMBERSHIP AT A SOCIAL CLUB. ALL EXECUTIVES HAVE ACCESS TO THE CLUB FOR CONDUCTING MEETINGS AND TO HOST SOCIAL EVENTS. THE BENEFIT OF ATTENDING THE CLUB IS NOT TAXABLE TO THE RECIPIENT. PART I, LINE 4B: EVP CHIEF INFORMATION OFFICER: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $74,437. $61,461 ACCRUAL OF 457(F) SERP. EVP CHIEF ADMINISTRATIVE OFFICER: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $291,659. $34,213 ACCRUAL OF 457(F) SERP. EVP CHIEF DIGITAL OFFICER: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $121,749. $69,713 ACCRUAL OF 457(F) SERP. EVP CHIEF MARKETING OFFICER: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $10,871. $60,617 ACCRUAL OF 457(F) SERP. PRESIDENT/CEO: $381,049 ACCRUAL OF 457(F) SERP. EVP CHIEF OPERATING OFFICER: $231,052 ACCRUAL OF 457(F) SERP. EVP CHIEF FINANCIAL OFFICER: $159,191 ACCRUAL OF 457(F) SERP. EVP CHIEF RISK OFFICER: $95,802 ACCRUAL OF 457(F) SERP. FORM 990, PART VI, SECTION A, LINE 6 BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSE OF BRINGING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS. AT ALL MEETINGS EACH MEMBER WITH ONE OR MORE FULLY PAID SHARES WILL HAVE ONE VOTE SUBJECT TO CERTAIN CONDITIONS. FORM 990, PART VI, SECTION A, LINE 7A BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSE OF BRINGING PEOPLE TOGETHER TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS AND THEIR COMMUNITIES. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS. AT ALL MEETINGS EACH MEMBER WITH ONE OR MORE FULLY PAID SHARES WILL HAVE ONE VOTE SUBJECT TO CERTAIN CONDITIONS. FORM 990, PART VI, SECTION B, LINE 11B TAX DIRECTOR, CONTROLLER, GENERAL COUNSEL, HUMAN RESOURCES, GOVERNMENT RELATIONS AND CFO REVIEW FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER BEFORE IT IS FILED FOR INFORMATIONAL PURPOSES. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, AUDIT COMMITTEE MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE SUBJECT TO THE BOARD-APPROVED CONFLICTS OF INTEREST TRANSACTIONS POLICY, WHICH REQUIRES ANNUAL CERTIFICATION THAT EACH INDIVIDUAL HAS REVIEWED THE POLICY AND HAS MADE ALL REQUIRED DISCLOSURES. THE LEGAL DEPARTMENT TRACKS COMPLIANCE WITH THE ANNUAL CERTIFICATION REQUIREMENT. FORM 990, PART VI, SECTION B, LINE 15 MARKET COMPENSATION DATA WILL BE GATHERED FOR THE PRESIDENT'S POSITION AND THE OTHER EXECUTIVE POSITIONS AS PART OF THE BI-ANNUAL COMPETITIVE COMPENSATION ANALYSIS. THE COMPENSATION DATA FOR THE PRESIDENT'S POSITION WILL BE PROVIDED TO THE COMPENSATION COMMITTEE FOR DEVELOPING A RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING ANY COMPENSATION ADJUSTMENT. THE COMPENSATION COMMITTEE MAY ENGAGE THIRD PARTY CONSULTANTS TO ASSIST WITH THE CEO COMPENSATION REVIEW AND RECOMMENDATIONS. THE EXECUTIVE COMPENSATION DATA WILL BE PROVIDED TO THE PRESIDENT FOR DETERMINING ADJUSTMENTS FOR THE OTHER EXECUTIVE POSITIONS. THE COMPENSATION DATA WILL BE GATHERED USING A VARIETY OF INDUSTRY SURVEY SOURCES AND DATA SEGMENTS WHICH ARE THEN VALIDATED BY A THIRD PARTY. BECU'S COMPENSATION PROGRAM IS ADMINISTERED BY THE HUMAN RESOURCES DEPARTMENT AND IS AUDITED BY BECU'S AUDIT SERVICES DEPARTMENT. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 BECU'S BYLAWS, CORPORATE GOVERNANCE OVERVIEW AND FINANCIAL DATA ARE POSTED AND AVAILABLE TO THE PUBLIC ON THE BECU.ORG WEBSITE. BECU'S FINANCIAL DATA IS ALSO AVAILABLE TO THE PUBLIC VIA THE NCUA WEBSITE. FORM 990, PART VI, SECTION B, LINE 13: THE AUDIT COMMITTEE HAS A WHISTLEBLOWER POLICY (THE "POLICY") TO ENCOURAGE EMPLOYEES TO REPORT CONCERNS, ISSUES, COMPLAINTS, INQUIRIES, AND INFORMATION REGARDING VIOLATIONS OF THE CREDIT UNION'S ETHICS POLICIES, FAILURE TO MEET THE CREDIT UNION'S ACCOUNTING STANDARDS, AND POTENTIAL VIOLATIONS OF LAW OR REGULATIONS. THIS INCLUDES ILLEGAL OR IMPROPER CONDUCT BY THE CREDIT UNION ITSELF, BY ITS LEADERSHIP, OR BY OTHERS ON ITS BEHALF. THE POLICY IS DESIGNED TO ENSURE THAT NO EMPLOYEE FEELS AT A DISADVANTAGE FOR RAISING LEGITIMATE CONCERNS ABOUT VIOLATIONS OF THE CREDIT UNION'S ETHICS POLICIES, QUESTIONABLE ACCOUNTING ISSUES, OR LEGAL AND REGULATORY ISSUES. IN ORDER TO ENSURE THAT ALL REPORTS ARE HANDLED ANONYMOUSLY, CONFIDENTIALLY AND INDEPENDENTLY OF USUAL EMPLOYEE-MANAGER RELATIONSHIPS, THE CREDIT UNION HAS RETAINED AN INDEPENDENT THIRD-PARTY PROVIDER, ETHICSPOINT. ANY EMPLOYEE CAN USE THE ETHICSPOINT SYSTEM TO REPORT ANY ISSUE OR CONCERN CONFIDENTIALLY AND ANONYMOUSLY. FORM 990, PART IX, LINE 11G CONSULTING FEES 15,828,194. OTHER OUTSIDE SERVICES 9,255,921. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS -30,672,505. CURRENT YEAR CUSO INCOME -225,541. EMPLOYEE BENEFIT FUNDING TRUST 14025 RIVEREDGE DRIVE SUITE 280 TAMPA FL 33637 EMPLOYEE MEDICAL & PAID TIME-OFF BENEFIT OBLIGATIONS WA 4238649 350575049 BECU BECU FOUNDATION 12770 GATEWAY DR S TUKWILA WA 98168 911703337 SCHOLARSHIPS WA 501(C)(3) PF N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0