2020-09-18T13:24:26-07:00 2019-12-31 990 2019-01-01 930389726 Northwest Community Credit Union NORT 5417449437 545 E 8th Ave Eugene OR 97401 QING LU CFO 2020-09-18 2019 2022-01-07 14:23:13Z QING LU 70494345 false X www.nwcu.com X 1949 Focus on the member, add value and build partnership. 9 9 390 16 -109930 -109930 0 65805677 66431418 1714721 4150718 -205759 -109930 67314639 70472206 0 0 22922668 23762153 0 0 29639587 32049692 52562255 55811845 14752384 14660361 1154635512 1195451210 16844833 13556721 1137790679 1181894489 Focus on the member, add value and build partnership. false false Focus on member, add value and build partnership. false false false false false false false false false true true false false false true false true false false false false false false false false false false false true false false false false false false false false false false true true false false true 44904 0 true 390 true true true false false false false false false false X 9 9 false false false false true true false true true false false true true true true true true true false false X X Qing Lu 5417449437 84846 S Willamette St Eugene OR 97405 John Iglesias President & CEO 40.00 0.00 X 625976 0 251443 Melissa Vigil COO 40.00 0.00 X 309806 0 26074 Qing Lu CFO 40.00 0.00 X 260980 0 13676 Cheryl Crow CCO 40.00 0.00 X 184242 0 15742 Jan Griffin CXO 40.00 0.00 X 167684 0 15064 Kate Gardner Lange Sr. Invest. Svcs 40.00 0.00 165897 0 14651 Jon Mainard Dir Invest Svcs 40.00 0.00 144343 0 12051 Brandon Harvey Sr Dir of Tech Ser 40.00 0.00 135925 0 12151 Todd Deitmeyer Investment Serv Ad 40.00 0.00 127632 0 17651 Nathan Bill BDO - Mortgage 40.00 0.00 132900 0 11437 Lucille Valley Former CAO 40.00 0.00 107477 0 15707 Kenneth Santos VP of Risk 40.00 0.00 X 42792 0 1340 Brad D Anderson Chairman 9.23 0.00 X X 25000 0 0 Barbara Blackmore Director 3.79 0.00 X X 20000 0 0 Barry C Houk Director 4.45 0.00 X 20000 0 0 David Rainwater Director 4.19 0.00 X X 20000 0 0 Richard Leung Director 2.38 0.00 X 19167 0 0 Roxanne Gillespie Director 8.42 0.00 X 16250 0 0 Judy Shurts Director 2.54 0.00 X 15000 0 0 Sarah Means Director 1.15 0.00 X 10879 0 0 Tomas Pettus-Czar Director 2.27 0.00 X 10879 0 0 Robert Erick Director 1.30 0.00 X 8000 0 0 2570829 406987 28 true true false Fiserv 225 Fiserv Drive Brookfield WI 53045 Financial Technology 3195715 Q2 13785 Research Blvd 150 Austin TX 78750 Financial Technology 935392 Augeo 1620 Bond St Naperville IL 60563 Financial Technology 828794 William Crosse dba Crosse PO Box 163 Oregon City OR 97045 Contractor 1437042 TruHome Solutions 9601 Legler Rd Lenexa KS 66219 Financial Technology 904160 30 0 Interchange fees and othe 522100 1655909 1655909 Interest Income to member 522100 48279444 48279444 Member acct and service 522100 16496065 16496065 66431418 4150718 4150718 0 0 85730 22139 63591 63591 63591 0 0 0 0 Non-Member ATM Fees 812900 62336 62336 NW Innovation Services 519100 -235857 -235857 -173521 70472206 66431418 -109930 4150718 0 0 0 0 1193478 0 17132109 731153 3009744 1695669 0 1082356 155322 0 0 0 265139 1283125 3524667 3154800 0 1766758 391086 0 261883 6149171 0 2237489 173134 Loan product expense 5313703 Loan loss expense 4653578 Other share and loan product 1497326 Payroll 75723 64432 55811845 0 0 0 11112626 11203611 61252971 100025928 0 0 0 1303193 1473099 977646844 937796554 0 2867157 2156570 57210344 18985806 38661241 38224538 0 43401309 88185173 0 0 18390171 16385737 1154635512 1195451210 16844833 13556721 16844833 13556721 X 1016303769 1045240489 121486910 136654000 1137790679 1181894489 1154635512 1195451210 X 14660361 53671 29389778 X false true X true false 4562107 4562107 34644266 6615674 28028592 1474506 482121 992385 511041 229297 281744 16018424 11658714 4359710 38224538 88185173 X Part X : FIN48 Footnote The Credit Union is state chartered and federally tax-exempt under the Internal Revenue Code Section 501(c)(14), except to the extent of unrealated business income. A tax-exempt organization information return and unrealated business income tax return are filed annually with the Internal Revenue Service. NIS, the Credit Union's majority owned subsidiary, is a partnership for tax purposes and its allocable activity is included within the Credit Unions's Tax filings. X true true X X X X false true false Cheryl Crow CCO 165000 16863 2379 9043 6699 199984 Jan Griffin CXO 136641 18865 12178 12325 2739 182748 John Iglesias President & CEO 457720 146492 21764 248654 2789 877419 Jon Mainard Dir Invest Svcs 58827 85516 12051 156394 Kate Gardner Lange Sr. Invest. Svcs 59631 106266 14651 180548 Lucille Valley Former CAO 56404 36995 14078 15707 123184 Melissa Vigil COO 248373 55582 5851 16773 9301 335880 Qing Lu CFO 209776 48841 2363 7386 6290 274656 Part I, Line 1a: Relevant information in regards to selections on 1a. Travel for spouse or companion was sometimes provided by the credit union for executives or directors on business trips. All expenses incurred on behalf of the spouse or companion were totalled for the year end and a 1099 Misc was issued when appropriate. There is written policy that requires pre-approval, receipts, and documentations. Part III, Additional Information John Iglesias, the CEO, will be the recipient of a non-qualified retirement plan that is accruing and continuing through the end of 2029. It is based on employment with the organization and is 40% vested at the end of 2019. The remaining value of this plan for 2019 is $541,666. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder As a credit union we have members pay a $10 membership fee to open their first share account with us. Form 990, Part VI, Line 11b: Form 990 Review Process The CFO reviews the 990 and the supporting schedules. After the review and before it is filed, the Form 990 is reviewed by the CEO and the directors. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All officers and key employees are required yearly to affirm that they have disclosed interests that could give rise to conflicts. Directors are asked initially to disclose any of these interests and are made aware regularly that they must disclose any new interests, but they are not required to do so formally each year. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization places monthly summarized and yearly detailed financial statements on its website. The governing body documents and conflict of interest policies are available upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease in Cash = -$0 Other Changes In Net Assets Or Fund Balances - Other Increases Decrease in Notes Payable = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease in Other Loans = -$39850290 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease in Unrealized Gain/Loss = -$53670 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of Accounts Payable = -$0 Other Changes In Net Assets Or Fund Balances - Other Increases Decrease of Accounts payable = $3288112 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of investments program related = -$0 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of Land and Building = -$436702 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of Loans from disqualified person = -$0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Cash = $90985 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Investments Program Related = $44783864 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Land and Building = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of loans and receivables, net = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Loans from disqualified person = $169906 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of other assets = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Prepaids = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of savings and tem cash investment = $38772957 Other Changes In Net Assets Or Fund Balances - Other Decreases Net Income = -$14709987 Other Changes In Net Assets Or Fund Balances - Other Decreases Notes Payable = -$0 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Assets = -$1954810 Other Changes In Net Assets Or Fund Balances - Other Decreases Prepaids = -$710587 Northwest Innovation Services LLC 545 E 8th Ave Eugene OR 97401 820608919 Software Development OR -186231 521641 Northwest Community Credit Union Northwest Innovation Services LLC 545 E 8th Ave Eugene OR 97401 820608919 Software Development OR Northwest Community C corp -186231 521641 0.80000 false false true false false false false false false false false false false false false false false false false false Northwest Innovation Services LLC b 1025000