2025-11-17T12:45:27-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2024-01-01 910576399 IQ CREDIT UNION IQCR 3606953441 PO BOX 1739 VANCOUVER WA 986681739 DAN MEDAK CFO 3606953441 2025-11-17 1 1 WENDY CAMPOS P00448102 5032421447 2025-11-14 2024 2025-03-06 01:10:19Z DAN MEDAK PO BOX 1739 VANCOUVER WA 986681739 128864159 0 X WWW.IQCU.COM X 1940 WA TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 15 15 439 15 2919927 0 0 3683950 104997854 112074241 8801543 12139202 584249 796805 114383646 128694198 128595 304081 0 0 36340493 36271866 0 0 0 71826667 70862059 108295755 107438006 6087891 21256192 2064834274 2014416592 1885454178 1809184689 179380096 205231903 TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 0 0 PROVIDE FINANCIAL SERVICES TO 103,840 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/ UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 42066 0 1 439 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X DAN MEDAK 3607593138 PO BOX 1739 VANCOUVER WA 986681739 ERIC PETRACCA PRESIDENT/CEO 48.00 X 891086 0 64010 DAN MEDAK CFO 48.00 X 341354 0 25735 KARI STANSBERRY SVP CHIEF ADMIN. OFFICER 48.00 X 327528 0 71175 JORDAN LEHRMAN SVP CHIEF TECHNOLOGY OFFICER 48.00 X 314986 0 50016 ALI MIGAKI SVP CHIEF EXPERIENCE OFFICER 48.00 X 295116 0 68978 GAYLE GUSTAFSON SVP CHIEF LENDING OFFICER (THRU 4/24) 48.00 X 281383 0 42251 RYAN GREENWOOD INVESTMENT SERVICES FINANCIAL ADVISOR 48.00 X 258115 0 43564 JON DAVIS VP INVESTMENT SERVICES 45.00 X 242832 0 40340 JEREMY WIERSMA VP BUSINESS SERVICES 45.00 X 222534 0 19824 DIANNE SMITH VP MORTGAGE SERVICES 45.00 X 219721 0 36927 RUSS BERNADO SVP CHIEF LENDING & CREDIT OFFICER 45.00 X 204350 0 18142 DOUGLAS E LEHRMAN CHAIRMAN 5.00 X X 28750 0 0 JOSEPH NUTTING VICE CHAIRMAN 4.00 X X 21500 0 0 SHARON EASTMAN SECRETARY 4.00 X X 21500 0 0 EVELYN D GRENDAHL TREASURER 4.00 X X 21500 0 0 BRIAN LOOS BOARD MEMBER 2.50 X 17500 0 0 DON KITTERMAN BOARD MEMBER 2.50 X 17500 0 0 JOAN DURGIN BOARD MEMBER 2.50 X 17500 0 0 STEVE PORTER BOARD MEMBER 2.50 X 17500 0 0 RONALD ALAN ODERMOTT BOARD MEMBER 2.50 X 14750 0 0 ARELENE HETT BOARD MEMBER 2.50 X 12250 0 0 KEVIN SHERRY BOARD MEMBER 2.50 X 12250 0 0 TROY GRAHAM BOARD MEMBER 2.50 X 12250 0 0 ALICIA MOORE BOARD MEMBER 2.50 X 9940 0 0 JIL CLICK BOARD MEMBER 2.50 X 7560 0 0 RYAN HOULE BOARD MEMBER 2.50 X 6902 0 0 3838157 0 480962 56 0 1 0 TEAM CONSTRUCTION 6701 NE 42ND ST VANCOUVER WA 98661 CONSTRUCTION SERVICES 2588602 PSCU INCORPORATED 560 CARILLON PARKWAY SAINT PETERSBURG FL 33716 CARD SERVICES 2254218 ALKAMI TECHNOLOGY INC DEPT 2223 PO BOX 122223 DALLAS TX 753122223 ONLINE BANKING SERVICES 1845172 CURINOS INC 485 LEXINGTON AVE FL 20 NEW YORK NY 10017 SOFTWARE SERVICES 829463 COOK SECURITY GROUP 9225 NE CASCADES PARKWAY PORTLAND OR 97220 SECURITY SERVICES 814336 19 3683950 3683950 LOAN INTEREST 522100 85322435 85322435 OTHER OPERATING INCOME 522100 18089734 17486589 603145 FEES AND CHARGES 522100 8662072 6345290 2316782 112074241 12272563 12272563 36600 169961 -133361 -133361 -133361 OTHER INCOME/LOSS 522100 565753 565753 OTHER INCOME/LOSS 523000 231052 231052 796805 128694198 109951119 2919927 12139202 274081 30000 3008078 25204480 1807223 4134873 2117212 107444 217839 1504315 1883671 1414452 2948982 195255 12098 31729698 2519166 263679 LOAN LOSS PROVISION 9027718 LOAN SERVICING 7493737 ATM EXPENSES 3542663 BUSINESS MEALS 29112 7972230 107438006 10817279 11690894 191066140 236701001 1618569273 1550523307 29315483 32583758 56317013 28744430 28269691 27572583 133053693 94304855 8314198 7422173 45428517 53618021 2064834274 2014416592 24281249 24725125 1861172929 1784459564 1885454178 1809184689 X 0 0 0 0 179380096 205231903 179380096 205231903 2064834274 2014416592 X 21256192 3630201 965414 X 0 0 0 0 0 8443588 8443588 19748418 6242000 13506418 9577562 7620932 1956630 15785008 12124194 3660814 2762437 2757304 5133 27572583 SHARES/DEPOSITS 1775817965 LEASE LIABILITY 8641599 1784459564 1 BUILDING INDUSTRY ASSOCIATION 103 E 29TH ST VANCOUVER WA 98663 910906923 501(C)(6) 9250 0 GENERAL SUPPORT CHILDRENS MIRACLE NETWORK HOSPITALS 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 501(C)(3) 15000 0 GENERAL SUPPORT CLARK COUNTY LATINO YOUTH LEADERSHIP 17704 NE 110TH AVE BATTLE GROUND WA 98604 463764546 501(C)(3) 10000 0 GENERAL SUPPORT COLUMBIA PLAY PROJECT PO BOX 5797 VANCOUVER WA 98668 853637110 501(C)(3) 10000 0 GENERAL SUPPORT DIY BAR LLC 3522 N VANCOUVER AVE PORTLAND OR 97227 300924441 7590 0 GENERAL SUPPORT ELEVATE OREGON 12215 NE MARX ST PORTLAND OR 97230 272151955 501(C)(3) 5200 0 GENERAL SUPPORT DBA FOUNDATION FOR VANCOUVER PUBLIC SCHOOLS PO BOX 6039 VANCOUVER WA 98668 910971800 501(C)(3) 21800 0 GENERAL SUPPORT GREATER VANCOUVER CHAMBER OF COMMERCE 1111 MAIN ST STE 201 VANCOUVER WA 98660 910452260 501(C)(6) 5713 0 GENERAL SUPPORT GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 911649328 501(C)(3) 9850 0 GENERAL SUPPORT KGW PO BOX 637386 CINCINNATI OH 45263 463222929 71678 0 GENERAL SUPPORT LIGHTHOUSE FINANCIAL FOUNDATION 1220 MAIN ST STE 500 VANCOUVER WA 98660 832331834 501(C)(3) 10000 0 GENERAL SUPPORT MOUNT ST HELENS INSTITUTE 42218 NE YALE BRIDGE RD AMBOY WA 98601 911569993 501(C)(3) 12000 0 GENERAL SUPPORT NORTH CLACKAMAS CHAMBER OF COMMERCE 8305 SE MONTEREY AVE HAPPY VALLEY OR 97086 930439724 501(C)(6) 6500 0 GENERAL SUPPORT NW ASSOCIATION FOR BLIND ATHLETES PO BOX 61489 VANCOUVER WA 98666 260244283 501(C)(3) 20000 0 GENERAL SUPPORT PARKS FOUNDATION OF CLARK COUNTY PO BOX 993 CAMAS WA 98607 911986747 501(C)(3) 8500 0 GENERAL SUPPORT RIDGEFIELD RAPTORS 205 N MAIN AVE 148 RIDGEFIELD WA 98642 831831206 6000 0 GENERAL SUPPORT WHY RACING EVENTS INC 1108 NE 146TH ST VANCOUVER WA 98685 472525259 10000 0 GENERAL SUPPORT 10 7 SCHOLARSHIPS 8 30000 PART I, LINE 2: SCHOLARSHIP APPLICANTS SUBMIT AN APPLICATION, AND RECIPIENTS ARE DETERMINED BY A NUMBER OF FACTORS INCLUDING ESSAYS, GRADES AND LETTERS OF RECOMMENDATION, WHICH ARE ALL SCORED. THE HIGHEST-RATED INDIVIDUALS ARE AWARDED SCHOLARSHIPS. X X X 1 1 X X X 1 1 0 ERIC PETRACCA PRESIDENT/CEO 711020 0 180066 0 0 0 36735 0 27275 0 955096 0 0 0 DAN MEDAK CFO 288405 0 52949 0 0 0 18150 0 7585 0 367089 0 0 0 KARI STANSBERRY SVP CHIEF ADMIN. OFFICER 275028 0 52500 0 0 0 41150 0 30025 0 398703 0 0 0 JORDAN LEHRMAN SVP CHIEF TECHNOLOGY OFFICER 264631 0 50355 0 0 0 17535 0 32481 0 365002 0 0 0 ALI MIGAKI SVP CHIEF EXPERIENCE OFFICER 251976 0 43140 0 0 0 40789 0 28189 0 364094 0 0 0 GAYLE GUSTAFSON SVP CHIEF LENDING OFFICER (THRU 4/24 231278 0 50105 0 0 0 38537 0 3714 0 323634 0 0 0 RYAN GREENWOOD INVESTMENT SERVICES FINANCIAL ADVISO 62106 0 196009 0 0 0 14581 0 28983 0 301679 0 0 0 JON DAVIS VP INVESTMENT SERVICES 145788 0 97044 0 0 0 14077 0 26263 0 283172 0 0 0 JEREMY WIERSMA VP BUSINESS SERVICES 184196 0 38338 0 0 0 12239 0 7585 0 242358 0 0 0 DIANNE SMITH VP MORTGAGE SERVICES 184912 0 34809 0 0 0 9800 0 27127 0 256648 0 0 0 RUSS BERNADO SVP CHIEF LENDING & CREDIT OFFICER 191350 0 13000 0 0 0 6308 0 11834 0 222492 0 0 0 PART I, LINE 1A THESE BENEFITS ARE PROVIDED TO THE CEO AS PART OF THE EMPLOYMENT AGREEMENT. THE DISCRETIONARY SPENDING ACCOUNT IS INCLUDED IN THE CEO'S TAXABLE COMPENSATION. CEO ALSO IS PROVIDED COMPANY-OWNED AUTO FOR BUSINESS AND PERSONAL USE. PART I, LINES 4A-B GAYLE GUSTAFSON RECEIVED A SEVERANCE PAYMENT IN 2024 OF $138,410. SOME MEMBERS OF EXECUTIVE MANAGEMENT PARTICIPATED IN A 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION HAS MEMBERS AND EACH MEMBER CAN VOTE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AND REGULATORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CONFLICT OF INTEREST POLICY, AND EMPLOYEES AND BOARD MEMBERS ANNUALLY ACKNOWLEDGE THEY COMPLY WITH ALL CREDIT UNION POLICIES. THE CONFLICT OF INTEREST POLICY OUTLINES STEPS TAKEN BY OFFICIALS WHEN A CONFLICT ARISES, WHICH INCLUDE THE CONFLICTED PARTY ABSTAINING FROM A RELATED VOTING ITEM. EMPLOYEES ARE NOT ALLOWED TO RECEIVE A PERSONAL BENEFIT FROM ANY TRANSACTION WITH A VENDOR, CUSTOMER OR SUPPLIER DOING BUSINESS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A CEO SALARY IS DETERMINED AFTER REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, WHICH IS INDEPENDENT OF THE CEO. SALARY IS BASED ON THE CEO'S EXPERIENCE AND COMPENSATION FROM CUES EXECUTIVE COMPENSATION SURVEYS. MINUTES ARE KEPT TO DOCUMENT THE DISCUSSION AND FINAL DECISION. THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE CEO'S SALARY TO DETERMINE WHETHER TO ADJUST THE BASE SALARY UPWARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME/EQUITY TRUE-UP 932,259. ADOPTION OF ASC 326 - ONE-TIME ADJUSTMENT TO UNDIVIDED EARNINGS 33,155. IQ FOR KIDS PO BOX 1739 VANCOUVER WA 98668 203988310 FUNDRAISING TO SUPPORT CHILDREN'S CHARITIES WA 501(C)(3) 509(A)(1) N/A 0 CLARK FINANCIAL SERVICES INC PO BOX 1846 VANCOUVER WA 98668 911253818 SERVICE ORG PROVIDING INSURANCE PRODUCTS TO CREDIT UNION MEMBERS WA IQ CREDIT UNION C 848661 3653192 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 CLARK FINANCIAL SERVICES INC A 7126 FAIR MARKET VALUE CLARK FINANCIAL SERVICES INC Q 1527498 FAIR MARKET VALUE