2019-09-27T09:33:30-05:00 2018-12-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2018-01-01 741592875 AMPLIFY CREDIT UNION AMPL 5128365901 3600 W PARMER LANE AUSTIN TX 78727 JOHN ORTON CFO 5128365901 2019-09-18 1 BRIAN P BIVONA P00044667 2547764190 2019-09-18 68.93.159.109 2019-09-18 15:50:51 CD P 0C8E4BB422A221D0267253CE553BCB9C6105C37E 645897950B869DC21276750BB3E477050533AF93 2018 2020-01-14 16:20:31Z PAUL TRYLKO 3600 W PARMER LANE AUSTIN TX 78727 84159374 0 X HTTPS://WWW.GOAMPLIFY.COM/ X 2017 TX TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 14 7 288 14 93204 0 0 0 47083044 50299892 3171911 4905086 0 0 50254955 55204978 0 0 0 0 17573689 19411975 0 0 0 26358584 28771922 43932273 48183897 6322682 7021081 908312617 950869035 828161833 867995880 80150784 82873155 TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 0 0 48183897 50206688 AMPLIFY PROVIDES CERTIFICATES OF DEPOSIT, SHARE ACCOUNTS AND CHECKING ACCOUNTS TO MEMBERS. THE CREDIT UNION PAYS INTEREST ON THE SAVINGS AND TIME DEPOSITS. IN ADDITION, THE CREDIT UNION PROVIDES VARIOUS TYPES OF LOANS TO ITS MEMBERS, INCLUDING RESIDENTIAL AND HOME EQUITY LOANS, AUTO LOANS, STUDENT LOANS, BUSINESS LOANS, AND CONSUMER LOANS. 48183897 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 12986 0 288 1 1 1 0 0 0 0 0 0 0 X 14 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JOHN ORTON 5128365901 3600 W PARMER LANE AUSTIN TX 78727 WILLIE EVERETT CHAIR 5.25 X X 0 0 0 RON GREGG VICE CHAIR 3.00 X X 0 0 0 SAM ROBERTSON SECRETARY 3.00 X X 0 0 0 ALLEN JENSEN TREASURER 3.00 X X 0 0 0 LEMUEL WILLIAMS DIRECTOR 2.00 X 0 0 0 SANDY DOCHEN DIRECTOR 2.00 X 0 0 0 JOYCE J SMITH DIRECTOR 2.00 X 0 0 0 PAUL A TRYLKO PRESIDENT - CEO 40.00 X 474539 0 21462 KENDALL GARRISON EXECUTIVE VICE PRESIDENT 40.00 X 306925 0 21568 NANCY BALLMAN SVP - COO 40.00 X 240024 0 20494 JOHN ORTON SVP - CFO 40.00 X 250156 0 10559 LISA NICHOLAS SVP - CHIEF DIGITAL 40.00 X 0 0 0 MICHAEL E KOCH SVP - CHIEF LENDING 40.00 X 231190 0 20115 FARID DANA SVP - CHIEF INFORMATION 40.00 X 161805 0 11195 ALEJANDRO L CARDONA MORTGAGE LOAN ORIGINATOR 40.00 X 179643 0 11422 ERIC CLEMONS VP - IT & SOFTWARE DEVELOP 40.00 X 215581 0 19231 MORGAN COURTNEY VP - RETAIL 40.00 X 156594 0 11511 KIMBERLY S GAMEZ VP - ACCOUNTING 40.00 X 169154 0 7409 DENISE HART VP - HUMAN RESOURCES 40.00 X 161140 0 14078 KAREN POLLACK VP - DIGITAL TRANSFORM 40.00 X 191600 0 8423 SCOTT A HUMPHREYS VP - COMMERCIAL LENDING 40.00 X 164968 0 17318 KRISTIN N KELLER VP - RE LENDING 40.00 X 162489 0 10297 3065808 0 205082 38 0 1 0 Q2 SOFTWARE INC 13785 N HIGHWAY 183 STE 150 AUSTIN TX 78750 SOFTWARE PROVIDER 396652 AUSTIN CANYON CORPORATION 2613 BUELL AVE STE 100 AUSTIN TX 78757 CONSTRUCTION 307227 VERIZON 700 HIDDEN RIDGE IRVING TX 75038 TELECOMM PROVIDER 223417 GOOGLE INC 1600 AMPHITHEATRE PKWAY MOUNTAIN VIEW CA 94043 ADVERTISING/MARKETING 214571 NOACKLITTLE ARCHITECTURE 220 INDUSTRIAL BLVD STE 101 AUSTIN TX 78745 ARCHITECTS 186829 29 LOANS TO MEMBERS 522100 35171784 35171784 FEES AND CHARGES 522100 6768099 6674895 93204 GAIN ON SALE OF LOANS 522100 4496176 4496176 INTERCHANGE INCOME 522100 3222771 3222771 OTHER INCOME 522100 641062 641062 50299892 3945678 3945678 29913804 28954396 959408 959408 959408 55204978 50206688 93204 4905086 1664638 1664638 13458916 13458916 726812 726812 2415034 2415034 1146575 1146575 294201 294201 147211 147211 919166 919166 2787596 2787596 3493055 3493055 181576 181576 7241943 7241943 2455262 2455262 132298 132298 PROVISION FOR LOAN LOSS 4600000 4600000 PRODUCT EXPENSES 2788822 2788822 OTHER PROFESSIONAL FEES 1879324 1879324 LOAN EXPENSES 1552847 1552847 298621 298621 48183897 48183897 0 0 40035933 57230731 4340198 4447401 743657910 770176909 40425913 16043041 24140974 24382872 66883185 61366798 29254417 33264324 908312617 950869035 12429507 14765717 98767739 89199820 716964587 764030343 828161833 867995880 X 0 0 0 0 80150784 82873155 80150784 82873155 908312617 950869035 X 7021081 -2491452 -1807258 X 0 1 X 1 0 5543214 5543214 15422077 4269579 11152498 5225089 2058225 3166864 14235533 9715237 4520296 24382872 MEMBERS' SHARE AND SAVINGS ACCOUNT 764030343 764030343 X 55204978 0 55204978 0 55204978 48183897 0 48183897 0 48183897 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE (INTERNAL REVENUE CODE SECTION 501(C)(14)), FROM FEDERAL INCOME TAX. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL INCOME TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY THE STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE (IRS) RELEASED TECHNICAL ADVICE MEMORANDUMS (TAMS) TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2017 FEDERAL INCOME TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. X 1 1 X X X X 0 1 0 PAUL A TRYLKO PRESIDENT - CEO 409909 0 51660 0 12970 0 0 0 21462 0 496001 0 0 0 KENDALL GARRISON EXECUTIVE VICE PRESIDENT 273356 0 24480 0 9089 0 0 0 21568 0 328493 0 0 0 NANCY BALLMAN SVP - COO 222286 0 17738 0 0 0 0 0 20494 0 260518 0 0 0 JOHN ORTON SVP - CFO 216346 0 17306 0 16504 0 0 0 10559 0 260715 0 0 0 MICHAEL E KOCH SVP - CHIEF LENDING 213346 0 17057 0 787 0 0 0 20115 0 251305 0 0 0 FARID DANA SVP - CHIEF INFORMATION 144878 0 16800 0 127 0 0 0 11195 0 173000 0 0 0 ALEJANDRO L CARDONA MORTGAGE LOAN ORIGINATOR 47729 0 131723 0 191 0 0 0 11422 0 191065 0 0 0 ERIC CLEMONS VP - IT & SOFTWARE DEVELOP 186738 0 14536 0 14307 0 0 0 19231 0 234812 0 0 0 MORGAN COURTNEY VP - RETAIL 145394 0 11200 0 0 0 0 0 11511 0 168105 0 0 0 KIMBERLY S GAMEZ VP - ACCOUNTING 154154 0 15000 0 0 0 0 0 7409 0 176563 0 0 0 DENISE HART VP - HUMAN RESOURCES 149640 0 11500 0 0 0 0 0 14078 0 175218 0 0 0 KAREN POLLACK VP - DIGITAL TRANSFORM 161966 0 28987 0 647 0 0 0 8423 0 200023 0 0 0 SCOTT A HUMPHREYS VP - COMMERCIAL LENDING 144523 0 20000 0 445 0 0 0 17318 0 182286 0 0 0 KRISTIN N KELLER VP - RE LENDING 138846 0 20000 0 3643 0 0 0 10297 0 172786 0 0 0 PART I, LINE 1A TRAVEL WAS PROVIDED FOR THE SPOUSES OF TWO BOARD MEMBERS. THE TRAVEL EXPENSE WAS REPORTED ON FORMS 1099 FILED WITH THE IRS AND PROVIDED TO THE SPOUSES. PAUL A TRYLKO CEO SPLIT DOLLAR LIFE INSURANCE X 3887448 4447401 0 1 1 4447401 FRANK P HART JR SPOUSE OF HIGHEST COMPENSATED EMPLOYEE 113188 CURRENT SALESFORCE DEVELOPER RELATED TO SPOUSE OF A TOP HIGHLY COMPENSATED EMPLOYEE. 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE VOTE OF THE MEMBERSHIP IS REQUIRED FOR ANY CHANGES TO THE GOVERNING DOCUMENTS OR TO APPROVE A MERGER. FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT AND BOARD OF DIRECTORS REVIEW THE 990 AT A BOARD MEETING AND EACH BOARD MEMBER IS PROVIDED A COPY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD-LEVEL CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED ANNUALLY. ALL BOARD MEMBERS, VOLUNTEERS, AND SENIOR MANAGEMENT EXECUTIVES COMPLETE AN ANNUAL DISCLOSURE OF POTENTIAL CONFLICTS. FURTHER, ALL EMPLOYEES, INCLUDING SENIOR MANAGEMENT, ANNUALLY ACKNOWLEDGE THEIR RESPONSIBILITIES FOR POTENTIAL CONFLICT OF INTERESTS VIA THE TEAM MEMBER HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 AMPLIFY UTILIZES AN OUTSIDE COMPENSATION CONSULTANT, MCLAGAN (AN AON HEWITT COMPANY) TO CONDUCT AN ANNUAL STUDY OF CEO COMPENSATION. THE STUDY IS BASED ON A COMBINATION OF PROXY AND SURVEY DATA SOURCES. THE STUDY IS PRESENTED BY HUMAN RESOURCES TO THE AMPLIFY BOARD OF DIRECTORS. THE BOARD THEN REVIEWS AND APPROVES CEO COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL RESULTS ARE POSTED PUBLICLY AT THE CREDIT UNION'S MAIN BRANCHES. FORM 990, PART XI, LINE 9: OTHER CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME -1,807,258. PARMER HQ LLC 3600 W PARMER LANE AUSTIN TX 78727 272105697 LEASE OF REAL PROPERTY TX 1453859 6208439 PARMER WEST LLC 3600 W PARMER LANE AUSTIN TX 78727 463383694 LEASE OF REAL PROPERTY TX 286337 3089132