2020-09-04T12:47:05-05:00 2019-12-31 810987947 HAUSER JONES & SAS PLLC 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2019-01-01 910684272 NORTHWEST PLUS CREDIT UNION NORT 4252971000 2821 HEWITT AVENUE EVERETT WA 982013890 TORRIE RAMOS PRESIDENT/CEO 4252971000 2020-09-04 1 ROGER A JONES CPA P01702335 4258891778 2020-09-02 4.4.42.74 2020-09-04 10:46:55 PD P B35408C71335379E9D2CC3FF0A1033BB2D4C386A 7C1D5EB2D4D3A699CCD24671D324174FB2D70807 2019 2021-04-22 16:20:28Z TORRIE RAMOS 2821 HEWITT AVENUE EVERETT WA 982013890 11892156 0 X WWW.NWPLUSCU.COM X 1938 WA PROVIDE FINANCIAL SERVICES, SUCH AS LOANS, TO ANYONE WHO LIVES OR WORKS IN WASHINGTON. 7 7 57 12 20517 0 0 0 10168628 10943653 666085 744008 128823 129428 10963536 11817089 7333 7750 0 0 3618138 3386099 0 0 0 5096750 5616687 8722221 9010536 2241315 2806553 199322340 211114081 176066598 184333799 23255742 26780282 WE ARE COMMITTED TO HELP OUR MEMEBERS GET AHEAD FINANCIALLY THROUGH EXCELLENT SERVICE AND QUALITY PRODUCTS. 0 0 SINCE 1939, NW PLUS CREDIT UNION HAS PROVIDED FINANCIAL SERVICES TO THEEMPLOYEES AND FAMILY MEMBERS OF FRONTIER COMMUNICATIONS FORMERLY KNOWNAS GTE AND VERIZON. SINCE THEN, WE HAVE EXPANDED OUR CHARTER TO INCLUDEANYONE WHO LIVES, WORKS OR WORSHIPS IN THE STATE OF WASHINGTON. NW PLUSCREDIT UNION'S EXISTENCE REFLECTS ITS MEMBERS' COMBINED INTERESTS TOBENEFIT THE GENERAL MEMBERSHIP IN THE LOCAL COMMUNITIES WE SERVE. WEPROVIDE A FULL SPECTRUM OF FINANCIAL PRODUCTS AND SERVICES AND RETURNTHE PROFIT TO OUR MEMBERS, WITH LOWER LOAN RATES AND HIGHER SAVINGSRATES, LOW FEES, AND INNOVATIVE PRODUCTS. THIS DIRECT FINANCIAL VALUEIS GIVEN BACK TO OUR MEMBERS, INSTEAD OF BEING PAID TO A LIMITED NUMBEROF STOCKHOLDERS, OFFICERS, OR OUT-OF-STATE OWNERS, AS MANY BANKS DO. ASOF DECEMBER 31, 2019, NW PLUS CREDIT UNION HAD 17,966 MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4375 0 1 57 1 1 1 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRIAN WALKER 4252971000 2821 HEWITT AVE EVERETT WA 98201 JASON GAMBLE THROUGH MARCH 2019 DIRECTOR 2.00 X X 0 0 0 BRAD JONES VICE CHAIRMAN 2.00 X X 0 0 0 MARY BALLARD SECRETARY 2.00 X X 0 0 0 GARY HEILMAN CHAIR 2.00 X X 0 0 0 JOHN CONDERMAN DIRECTOR 2.00 X 0 0 0 JAMES DREIER THROUGH MARCH 2019 DIRECTOR 2.00 X 0 0 0 KIMBERLY STONE DIRECTOR 2.00 X 0 0 0 PAUL ERICKSON DIRECTOR 2.00 X 0 0 0 VICKI HEILMAN DIRECTOR 2.00 X 0 0 0 DOUGLAS BENNETT RETIRED CEO 40.00 X 176298 0 0 BRIAN WALKER CFO 40.00 X 129900 0 0 TORRIE RAMOS CEO/PRESIDENT 40.00 X 172747 0 0 478945 0 0 3 0 1 0 FISERV-GALAXY PO BOX 99924 GRAPEVINE TX 90074 CORE DATA PROCESSING SERVICES 811526 LOCKTON TEXAS SE DEPT 3036 PO BOX 123036 DALLAS TX 75312 LOAN PORTFOLIO INSURANCE 539545 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING 191694 REEL DEAL CONSTRUCTION 19332 31ST AVE NW SHORELINE WA 98177 FACILITIES/HANDIMAN 134071 OPEN LENDING 901 S MOPAC EXPY AUSTIN TX 78746 INSURED AUTO VENDOR 131410 5 LOAN INTEREST INCOME 522100 7464195 7464195 FEE INCOME 522100 3479458 3458941 20517 10943653 802075 802075 17000 75067 -58067 -58067 -58067 LIFE INSURANCE POLICY 524113 129428 129428 129428 11817089 11052564 20517 744008 7750 478945 2240129 193087 248300 225638 8978 11179 83809 399435 420239 645964 425083 495290 11629 46516 1039954 330452 39251 LOAN SERVICING EXPENSES 995548 PROVISION FOR LOAN LOSS 445000 MISCELLANEOUS EXPENSES 124144 COLLECTION EXPENSES 74451 19765 9010536 1964308 1952464 13431845 23214144 271062 233418 138330045 148558371 937563 188327 9743883 4288590 5635017 5455293 30001816 22272708 8750684 9239356 199322340 211114081 1449450 2140582 174617148 182193217 176066598 184333799 X 0 0 0 0 23255742 26780282 23255742 26780282 199322340 211114081 2806553 717987 0 X 0 0 0 1579599 1579599 5808176 2291477 3516699 365969 314417 51552 1309144 1073087 236057 680995 609609 71386 5455293 108718 F AVAILABLE FOR SALE 22163990 F 22272708 MEMBER SHARES AND DEPOSITS 180209217 NON-MEMBER DEPOSITS 1984000 182193217 1 COLLEGE SCHOLARSHIPS 9 7750 PART I, LINE 2: ALL SCHOLARSHIP WINNERS MUST PROVIDE DETAILED INFORMATION REGARDING THE SCHOOL THEY WILL BE ATTENDING. A DESIGNATED CREDIT UNION STAFF MEMBER SENDS STUDENT INFO AND INSTRUCTIONS TO EACH SCHOOL ALONG WITH THE SCHOLARSHIP FUNDS. X X X X 0 1 0 DOUGLAS BENNETT RETIRED CEO 43321 0 0 0 132977 0 0 0 0 0 176298 0 0 0 TORRIE RAMOS CEO/PRESIDENT 164901 0 0 0 7846 0 0 0 0 0 172747 0 0 0 FORM 990, PART I, LINE 6 ASSOCIATE BOARD MEMBERS ARE NON-VOTING, NON-ELECTED VOLUNTEERS THAT ATTEND BOARD MEETINGS AND OFFER GUIDANCE. SUPERVISORY COMMITTEE MEMBERS ARE VOLUNTEERS THAT PERFORM THE DUTIES OF THE SUPERVISORY COMMITTEE, IN ACCORDANCE WITH THE LAWS OF OUR LAND. FORM 990, PART VI, SECTION A, LINE 2 GARY HEILMAN AND VICKI HEILMAN ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 6 CREDIT UNION MEMBERS ARE MEMBERS OF A FINANCIAL COOPERATIVE. EACH DEPOSITOR IS REQUIRED TO BE A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS ELECT MEMBERS TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO AND CFO BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT, WHICH DEFINES FIDUCIARY DUTY. MANAGEMENT REVIEWS ALL VENDORS FOR POTENTIAL OWNERSHIP INTEREST BY BOARD MEMBERS OR RELATED PARTIES AS PART OF THE VENDOR APPROVAL PROCESS. NO DIRECTOR, COMMITTEE MEMBER, OFFICER, OR EMPLOYEE OF THE CREDIT UNION MAY HAVE A FINANCIAL INTEREST IN ANY CONTRACT OR TRANSACTION WITH THE CREDIT UNION UNLESS THIS INTEREST IS DISCLOSED AND MADE KNOWN TO THE BOARD OF DIRECTORS. NO DIRECTOR OR COMMITTEE MEMBER OF THE CREDIT UNION WILL PARTICIPATE IN THE DELIBERATION OF ANY QUESTION AFFECTING HIS OR HER OWN PECUNIARY INTEREST. SUCH DIRECTOR OR COMMITTEE MEMBER WILL WITHDRAW FROM THE DELIBERATION AND DECISION UPON SUCH INTEREST. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY BENCHMARK STANDARDS AS PROVIDED BY THIRD PARTY COMPENSATION CONSULTANTS ARE USED ANNUALLY IN DETERMINING SENIOR MANAGEMENT COMPENSATION LEVELS. CEO SETS OFFICER SALARIES BASED ON INDUSTRY SURVEY AND PEER COMPARISON; BOARD OF DIRECTORS APPROVES RANGES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS AND OTHER INTERESTED PARTIES OF THE PUBLIC UPON REQUEST.