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RIVERMARK COMMUNITY CREDIT UNION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
RIVERMARK COMMUNITY CREDIT UNION (EIN 93-6024307)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202023219349319057
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

FieldValueIRS element (for citing)
Return2020-11-16T16:13:04-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1805 SW BROADWAY STE 1200AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97205ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN936024307EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIVERMARK COMMUNITY CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIVEBusinessNameControlTxt
Phone5035262696PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18505 SW CREEKSIDE PLACEAddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97008ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSETH SCHAEFERPersonNm
Person TitleCEO AND PRESIDENTPersonTitleTxt
Phone5035262696PhoneNum
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWENDY CAMPOSPreparerPersonNm
PTINP00448102PTIN
Phone5032421447PhoneNum
Preparation2020-11-16PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address73.96.206.44IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm14:17:48IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id49DBEE6AC883C99C1A3F54F9C66CBC91A259A0F6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSETH SCHAEFERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18505 SW CREEKSIDE PLACEAddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97008ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$56,513,722GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.RIVERMARKCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1951FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionCONDUCTING CREDIT UNION FINANCIAL SERVICES FOR A MEMBER OWNED FINANCIAL COOPERATIVE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee236TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$545,942TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$91,488NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$51,486,374PYProgramServiceRevenueAmt
CY Program Service Revenue$49,702,849CYProgramServiceRevenueAmt
PY Investment Income$3,053,410PYInvestmentIncomeAmt
CY Investment Income$6,789,856CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$54,539,784PYTotalRevenueAmt
CY Total Revenue$56,492,705CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$18,064,162PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$20,316,515CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$26,233,465PYOtherExpensesAmt
CY Other Expenses$23,067,870CYOtherExpensesAmt
PY Total Expenses$44,297,627PYTotalExpensesAmt
CY Total Expenses$43,384,385CYTotalExpensesAmt
PY Revenues Less Expenses$10,242,157PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13,108,320CYRevenuesLessExpensesAmt
Total Assets BOY$857,074,350TotalAssetsBOYAmt
Total Assets EOY$869,108,239TotalAssetsEOYAmt
Total Liabilities BOY$770,153,664TotalLiabilitiesBOYAmt
Total Liabilities EOY$767,320,473TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$86,920,686NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$101,787,766NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROVIDE QUALITY FINANCIAL SERVICES, PRODUCTS, AND SUPPORT FOR MEMBERS IN THE LOCAL COMMUNITIES WE SERVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDED FINANCIAL SERVICES TO 86,223 MEMBERS, INCLUDING SHARE DEPOSITS AND LOANS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document33556IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee236EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRIAN GRIFFISPersonNm
Phone5039069706PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18505 SW CREEKSIDE PLACEAddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97008ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DENNIS FULLAN
BOARD MEMBER (THRU 4/19),BOARD CHAIR2.00Yes (X)Yes (X)$15,000$0$0
STEVE LUCAS
BOARD CHAIR (THRU 4/19),BOARD MEMBER1.00Yes (X)Yes (X)$15,000$0$0
KIM BICKFORD
VICE CHAIR2.00Yes (X)Yes (X)$13,000$0$0
BILL ROBERTS
BOARD SECRETARY(THRU 4/19), BOARD MEMBER1.00Yes (X)Yes (X)$13,000$0$0
STEPHEN HOLLAND
BOARD SECRETARY2.00Yes (X)Yes (X)$7,000$0$0
GARY FRAYN
BOARD MEMBER1.00Yes (X)$13,000$0$0
MATTHEW BAIRD
BOARD MEMBER (THRU 4/19)1.00Yes (X)$13,000$0$0
JOSHUA STEPHENSON
BOARD MEMBER1.00Yes (X)$13,000$0$0
TONY KULLEN
BOARD MEMBER1.00Yes (X)$13,000$0$0
ROB LAVIGNE
BOARD MEMBER1.00Yes (X)$13,000$0$0
SCOTT BURGESS
EMERITUS PRESIDENT/CEO (THRU 7/19)40.00Yes (X)$978,678$0$15,273
SETH SCHAEFER
PRESIDENT/CEO40.00Yes (X)$479,874$0$17,885
CORI POLAND
CHIEF EXPERIENCE OFFICER40.00Yes (X)$217,229$0$11,906
BRIAN GRIFFIS
CHIEF FINANCIAL OFFICER40.00Yes (X)$215,107$0$15,470
RICH MUCKEY
CHIEF LENDING OFFICER40.00Yes (X)$162,917$0$5,014
DAVID NOBLE
SENIOR VICE PRESIDENT OF MARKETING40.00$188,619$0$13,986Yes (X)
STEPHANIE STRIMLING
VICE PRESIDENT OF TECHNOLOGY40.00$167,586$0$13,125Yes (X)
MISTY TYLER
TECHNOLOGY DIRECTOR40.00$173,741$0$6,685Yes (X)
SHARON PASERO
VICE PRESIDENT RISK MANAGEMENT40.00$151,826$0$12,806Yes (X)
RANDY BRESEE
VICE PRESIDENT MEMBER EXPERIENCE40.00$145,373$0$12,904Yes (X)
VICTORIA KING
VICE PRESIDENT BUSINESS SERVICES & M40.00$150,512$0$5,612Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,159,462TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$130,666TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K23IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FISERV INC
PO BOX 99924GRAPEVINETX76099FINANCIAL SOFTWARE/HARDWARE & PROFESSION$2,625,643
NCR CORPORATION
PO BOX 740641LOS ANGELESCA90074ONLING BANKING$1,332,297
FINANCIAL TECHNOLOGY SOLUTIONS
PO BOX 919MONROVIACA91017ATM/PTK EQUIPMENT, MAINTENANCE AND SERVI$619,000
BRIDGE DATA SOLUTIONS INC
1420 NW GILMAN BLVD 2118ISSAQUAHWA98027TECHNOLOGY EQUIPMENT/SOFTWARE$389,538
DIGITAL MARKETING GROUP
17933 NW EVERGREEN PL SUITE 360BEAVERTONOR97006MARKETING CAMPAIGNS$302,771
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$33,650,415$33,650,415
INTERCHANGE INCOME522100$7,726,972$7,665,426$61,546
SERVICE CHARGES AND FE522100$6,243,721$6,197,866$45,855
OTHER NON-INTEREST INC522100$1,854,228$1,415,687$438,541
MORTGAGE SALES AND SER522100$227,513$227,513
FieldValueIRS element (for citing)
Total Program Service Revenue$49,702,849TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,034,120TotalRevenueColumnAmt
Exclusion$5,034,120ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,776,753SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$21,017OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,776,753SecuritiesAmt
Other-$21,017OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,755,736TotalRevenueColumnAmt
Exclusion$1,755,736ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$56,492,705TotalRevenueColumnAmt
Related Or Exempt Func Income$49,156,907RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$545,942UnrelatedBusinessRevenueAmt
Exclusion$6,789,856ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,449,959TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,587,014TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,960,441TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,871,372TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,447,729TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$78,032TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$114,000TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,107,407TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,108,724TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,055,191TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,789,297TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,041,393TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$703,660TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,356,592TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,885,510TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
LOAN SERVICING$4,747,645
PROVISION FOR LOAN LOSS$2,102,472
DUES AND SUBSCRIPTIONS$192,010
STATE EXAMINATION$86,785

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$699,152TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$43,384,385TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,335,202BOYAmt
EOY$7,674,736EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$32,124,469BOYAmt
EOY$47,661,086EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$646,227,466BOYAmt
EOY$607,300,537EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,540,074BOYAmt
EOY$1,679,550EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,271,018LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,828,771LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,521,634BOYAmt
EOY$14,442,247EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$118,564,092BOYAmt
EOY$146,131,867EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,626,609BOYAmt
EOY$2,208,487EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$33,134,804BOYAmt
EOY$42,009,729EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$857,074,350BOYAmt
EOY$869,108,239EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,809,398BOYAmt
EOY$8,188,114EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,495,000BOYAmt
EOY$1,264,995EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$1,089,195BOYAmt
EOY$1,420,076EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$15,000,000BOYAmt
EOY$2,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$745,760,071BOYAmt
EOY$754,447,288EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$770,153,664BOYAmt
EOY$767,320,473EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$86,920,686BOYAmt
EOY$101,787,766EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$86,920,686BOYAmt
EOY$101,787,766EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$857,074,350BOYAmt
EOY$869,108,239EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13,108,320ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,758,760NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$12,000PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Internal Funds Contributed$12,000InternalFundsContributedAmt
Total Exempt Function Expend$12,000TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1CREDIT UNION LEGISLATIVE ACTION FUNDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1900AddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP970751900ZIPCd
FieldValueIRS element (for citing)
EIN800043051EIN
Paid Internal Funds$12,000PaidInternalFundsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationTHE CREDIT UNION HAS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY, A CONTRIBUTION TO THE CREDIT UNION LEGISLATIVE ACTION FUND.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$779,469OtherCostOrOtherBasisAmt
Book Value$779,469BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,006,313OtherCostOrOtherBasisAmt
Depreciation$2,201,002DepreciationAmt
Book Value$10,805,311BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,910,313OtherCostOrOtherBasisAmt
Depreciation$2,070,968DepreciationAmt
Book Value$839,345BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,574,923OtherCostOrOtherBasisAmt
Depreciation$7,556,801DepreciationAmt
Book Value$2,018,122BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,442,247TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE & SAVINGS ACCOUNTSDesc
Amt$754,447,288Amt
FieldValueIRS element (for citing)
Total Liability$754,447,288TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE CREDIT UNION MAINTAINS ESCROW, TAXES AND INSURANCE AS PART OF THE LOAN PROGRAM.
PART X, LINE 2:THE CREDIT UNION IS STATE CHARTERED AND FEDERALLY TAX-EXEMPT UNDER INTERNAL REVENUE CODE 501(C)(14), EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME. RIS IS A DISREGARDED ENTITY FOR TAX PURPOSES AND ITS ACTIVITY IS INCLUDED IN THE CREDIT UNION'S TAX FILINGS. A TAX-EXEMPT ORGANIZATION INFORMATION RETURN, UNRELATED BUSINESS INCOME TAX RETURN, AND OREGON EXCISE RETURN ARE FILED ANNUALLY WITH THE APPLICABLE TAX JURISDICTIONS. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2019. THE CREDIT UNION RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A NONINTEREST EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2019, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SCOTT BURGESS
EMERITUS PRESIDENT/CEO (THRU 7/19)$805,462$0$166,216$0$7,000$0$11,200$0$4,073$0$993,951$0$0$0
SETH SCHAEFER
PRESIDENT/CEO$354,474$0$113,400$0$12,000$0$11,200$0$6,685$0$497,759$0$0$0
CORI POLAND
CHIEF EXPERIENCE OFFICER$208,368$0$8,861$0$0$0$5,221$0$6,685$0$229,135$0$0$0
BRIAN GRIFFIS
CHIEF FINANCIAL OFFICER$206,025$0$9,082$0$0$0$8,785$0$6,685$0$230,577$0$0$0
RICH MUCKEY
CHIEF LENDING OFFICER$162,917$0$0$0$0$0$0$0$5,014$0$167,931$0$0$0
DAVID NOBLE
SENIOR VICE PRESIDENT OF MARKETING$164,733$0$23,886$0$0$0$7,004$0$6,982$0$202,605$0$0$0
STEPHANIE STRIMLING
VICE PRESIDENT OF TECHNOLOGY$146,030$0$21,556$0$0$0$6,440$0$6,685$0$180,711$0$0$0
MISTY TYLER
TECHNOLOGY DIRECTOR$154,628$0$19,113$0$0$0$0$0$6,685$0$180,426$0$0$0
SHARON PASERO
VICE PRESIDENT RISK MANAGEMENT$132,910$0$18,916$0$0$0$6,121$0$6,685$0$164,632$0$0$0
RANDY BRESEE
VICE PRESIDENT MEMBER EXPERIENCE$126,457$0$18,916$0$0$0$5,922$0$6,982$0$158,277$0$0$0
VICTORIA KING
VICE PRESIDENT BUSINESS SERVICES & M$74,646$0$9,618$0$66,248$0$2,826$0$2,786$0$156,124$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ABOARD AND MANAGEMENT OCCASIONALLY BRING SPOUSES ON CONFERENCE TRIPS. THIS WAS INCLUDED IN TOTAL COMPENSATION.
PART I, LINE 1BSCOTT BURGESS, CEO EMERITUS, HAS EARNED $0 FOR HIS SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AS OF 12/31/2019. TOTAL CONTRIBUTIONS OF $0 AND TOTAL DISTRIBUTIONS OF $590,228 WERE ISSUED TO THE PLAN DURING 2019.
PART I, LINES 4A-BVICTORIA KING RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $66,248 IN JUNE 2019.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6RIVERMARK COMMUNITY CREDIT UNION HAD 86,223 MEMBERS AT 12/31/19.
FORM 990, PART VI, SECTION A, LINE 7ATHE CREDIT UNION'S GOVERNING BODY IS SELECTED FROM AMONG MEMBERSHIP AND IS VOTED ON BY ALL ELIGIBLE MEMBERS OVER THE AGE OF 18.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE CREDIT UNION'S CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER AND IS ALSO PREPARED BY A THIRD PARTY ACCOUNTING FIRM PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CREDIT UNION HAS A POLICY TITLED "CODE OF ETHICS AND STANDARDS OF BUSINESS CONDUCT OF BOARD OF DIRECTORS, SUPERVISORY COMMITTEE, BOARD COMMITTEES AND OFFICIALS OF RIVERMARK COMMUNITY CREDIT UNION." VOLUNTEERS OF THE CREDIT UNION REVIEW AND APPROVE THIS POLICY ON AN ANNUAL BASIS. THE VOLUNTEERS MUST NOTIFY THE BOARD CHAIRMAN IF THEIR STATUS CHANGES AND THEY NO LONGER MEET THE QUALIFICATIONS FOR THE SEAT THEY OCCUPY. CONDUCT NOT IN ACCORDANCE WITH THIS POLICY SHALL CONSTITUTE GROUNDS FOR DISQUALIFICATION TO SERVE, DISCIPLINARY ACTION, OR SUSPENSION OR REMOVAL AS PERMITTED BY LAW.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IN PREPARATION FOR THE REVIEW, THE VP OF HUMAN RESOURCES PROVIDES REPORT DATA FROM A PROFESSIONAL COMPENSATION FIRM THAT PROVIDES COMPENSATION DATA FOR ALL EMPLOYEE LEVELS. IN ADDITION, A SEPARATE CEO SALARY REPORT IS REQUESTED TO USE FOR COMPARABILITY PURPOSES. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION WHEN MAKING THE RECOMMENDATION FOR AN ANNUAL SALARY. BONUS COMPENSATION, IF ANY IS GIVEN, IS DIRECTLY TIED TO ACHIEVEMENT OF SPECIFIC CREDIT UNION AND INDIVIDUAL GOALS. THIS PROCESS IS COMPLETED ANNUALLY: IT WAS LAST DONE SEPTEMBER 2019.
FORM 990, PART VI, SECTION C, LINE 18THROUGH THE ANNUAL MEETING OF THE CREDIT UNION MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS AS WELL AS GOVERNING AND CONFLICT OF INTEREST POLICY DOCUMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1RIVERMARK INSURANCE AGENCY LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line18505 SW CREEKSIDE PLACEAddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97008ZIPCd
FieldValueIRS element (for citing)
EIN462978707EIN
Primary ActivitiesINSURANCE AGENCYPrimaryActivitiesTxt
Legal Domicile StateORLegalDomicileStateCd
Total Income$229,543TotalIncomeAmt
End Of Year Assets$287,293EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1RIVERMARK COMMUNITY CREDIT UNIONBusinessNameLine1Txt