2019-11-06T18:52:17-06:00 2018-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2018-01-01 930251640 ADVANTIS CREDIT UNION ADVA 5037852528 9200 SE SUNNYBROOK BLVD NO 300 CLACKAMAS OR 97015 LAURIE WILSON CEO 5037852528 2019-10-31 1 WENDY CAMPOS P00448102 5032421447 2019-10-30 12.129.4.210 2019-10-31 11:43:30 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 ED716621312A2F2E2D48E4C4B9956A35163A7570 2018 2020-03-31 21:24:44Z LAURIE WILSON 9200 SE SUNNYBROOK BLVD NO 300 CLACKAMAS OR 97015 73538502 0 X WWW.ADVANTISCU.ORG X 1928 OR PROVIDING FINANCIAL SERVICES TO MEMBERS 9 9 281 16 797968 0 0 0 59914152 65166328 2720144 2641294 6524 6622 62640820 67814244 128690 239652 0 0 17195723 18568749 0 0 0 36092315 38192915 53416728 57001316 9224092 10812928 1372660012 1426868115 1221104947 1264554685 151555065 162313430 X TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. 0 0 THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO 75,858 MEMBERS. SERVICES INCLUDE SHARE DEPOSITS AND LOANS TO MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28547 0 1 281 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X LAURIE WILSON 5037852528 9200 SE SUNNYBROOK BLVD 300 CLACKAMAS OR 97015 AMANDA OWINGS CHAIRMAN 2.00 X X 6589 0 0 ANDY DOLBERG VICE CHAIRMAN 2.00 X X 5000 0 0 TAMMY TESKE SECRETARY/TREASURER 2.00 X X 5000 0 0 TARUN GUDZ DIRECTOR 2.00 X 5000 0 0 PATRICK HAGER DIRECTOR 2.00 X 0 0 0 RENEE HALPERN DIRECTOR 2.00 X 5000 0 0 ROGER HEDIGER DIRECTOR 2.00 X 5554 0 0 JAKE JENSEN DIRECTOR 2.00 X 5000 0 0 RICK VEIRA DIRECTOR 2.00 X 5000 0 0 ROBERT CORWIN CEO/PRESIDENT 45.00 X 972208 0 25714 LAURIE S WILSON SVP/CHIEF FINANCIAL OFFICE 45.00 X 275967 0 23138 TIMOTHY J CLOUSE SVP/CHIEF INNOVATION OFFIC 45.00 X 235298 0 21763 WENDY G EDWARDS SVP/CHIEF ADMINISTRATIVE O 45.00 X 261519 0 21694 CHRISTOPHER GOSHKO SVP/CHIEF RETAIL OFFICER 45.00 X 216486 0 16943 KELI MYERS SVP/CHIEF CREDIT OFFICER 45.00 X 233445 0 21670 JOHN NICHOLS VP OF MARKETING 40.00 X 147724 0 12850 JERI C MAHER MORTGAGE LOAN OFFICER - CO 54.00 X 168214 0 16660 MATTHEW RUSSELL FINANCIAL ADVISOR - LICENS 45.00 X 262154 0 20995 CLIFFORD BRADY COMMERCIAL RE LOAN ORIGINA 40.00 X 142233 0 13334 MARY ELLEN LANZISERA DIRECTOR OF RISK MANAGEMENT 40.00 X 130775 0 11715 SHANE RICHINS CONTROLLER 40.00 X 155107 0 14595 3243273 0 221071 19 0 1 0 ALKAMI TECHNOLOGY INC 5601 GRANITE PKWY 120 PLANO TX 75024 DIGITAL AND ONLINE BANKING 760060 AFFILIATED MEDIA LLC 3858 NW DEVOTO LN PORTLAND OR 97229 MEDIA AND ADVERTISING 580365 FISERV INC PO BOX 99924 GRAPEVINE TX 76099 MAINTENANCE 500279 FINANCIAL TECHNOLOGY SOLUTIONS INTERNATI 406 E HUNTINGTON DR 100 MONROVIA CA 91016 ATM EQUIPMENT AND SOFTWARE 497640 LOOMIS ARMORED US LLC 2500 CITY WEST BLVD 900 HOUSTON TX 77042 ATM CASH REPLENISHMENT 492654 31 LOANS 522100 52874216 52874216 INTERCHANGE INCOME 522100 5255881 5255881 SERVICE CHARGES AND FE 522100 3975320 3944893 30427 OTHER NON INTEREST INC 522100 1935943 1168402 767541 NET GAIN ON SALE OF LO 522100 1124968 1124968 65166328 2546418 2546418 6622 0 6622 6622 6622 5819134 5724258 94876 94876 94876 67814244 64368360 797968 2647916 172675 66977 2528562 10964332 1021871 2752445 1301539 198406 120315 779596 1390319 1434637 3408638 1726814 92123 243770 10039662 2548687 180224 PROVISION FOR LOAN LOSS 8598728 VISA/ATM EXPENSE 4607644 LENDING EXPENSE 1137790 TAXES ON UBI 3427 1682135 57001316 107962326 149248019 996000 996000 1153866557 1172847851 1110406 1376156 27266885 17067509 10979288 10199376 34526040 27687147 2941449 2204949 60277946 62308617 1372660012 1426868115 13111573 15738943 20000000 1187993374 1248815742 1221104947 1264554685 X 0 0 0 0 151555065 162313430 151555065 162313430 1372660012 1426868115 X 10812928 -230838 176275 X 0 1 X 1 0 20000 0 0 20000 20000 1 CREDIT UNION LEGISLATIVE ACTION FUND 8205 SW CREEKSIDE PLACE 220 BEAVERTON OR 97008 800043051 20000 PART I-A, LINE 1: THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS CONTRIBUTIONS TO THE CREDIT UNION LEGISLATIVE ACTION FUND. 447379 447379 8705307 3999639 4705668 6779893 4460168 2319725 11334306 8607702 2726604 10199376 MEMBERS' SHARE AND SAVINGS ACCOUNTS 1248815742 1248815742 X 67990519 176275 176275 67814244 0 67814244 57001316 0 57001316 0 57001316 PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FOOTNOTE FROM FINANCIAL STATEMENTS - THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE THAT HAS RESULTED IN NO SIGNIFICANT INCOME TAXES PAID. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2018. THE CREDIT UNION'S 2015 THROUGH 2017 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH BOOK/TAX DIFFERENCE 176,275. 1 CHILDRENS' MIRACLE NETWORK 205 WEST 700 S SALT LAKE CITY UT 84101 870387205 501(C)(3) 68705 SUPPORT FOR CREDIT UNIONS FOR KIDS (CU FOR KIDS) THROUGH SHOP FOR MIRACLES DONATION AND CONTRIBUTIONS AT THE ANNUAL NWCUA AUCTION WHICH DIRECTLY BENEFITTED CU FOR KIDS. CU FOR KIDS IS A NONPROFIT COLLABORATION OF CREDIT UNIONS, CHAPTERS, LEAGUES AND ASSOCIATIONS, AND BUSINESS PARTNERS FROM ACROSS THE COUNTRY, ENGAGED IN FUNDRAISING ACTIVITIES TO BENEFIT 170 CHILDRENS MIRACLE NETWORK (CMN) HOSPITALS. THIS DONATION DIRECTLY BENEFITED DOERNBECHER CHILDRENS HOSPITAL IN PORTLAND. SUNSHINE DIVISION 687 N THOMPSON ST PORTLAND OR 97227 930429354 501(C)(3) 34738 SPONSORSHIP FOR WINTER WONDERLAND FUNDRAISING EVENT, IZZY KIDS "SHOP WITH A COP" EVENT SPONSORSHIP AND GENERAL PROGRAM SUPPORT. AUDUBON SOCIETY OF PORTLAND 5151 NW CORNELL RD PORTLAND OR 97210 936026088 501(C)(3) 10000 ADVANTIS GROW GRANT SUPPORTED THE TALON (TEACH, ADVOCATE, LEAD, OBSERVE, NURTURE) PROGRAM. PORTLAND AUDUBONS TALON JOB TRAINING PROGRAM PROVIDES LEADERSHIP, SKILLS TRAINING, AND PAID APPRENTICESHIPS IN CONSERVATION FIELDS TO YOUTH OF COLOR LIVING IN AND AROUND PORTLAND. PORTLAND HOMELESS FAMILY SOLUTIONS 6220 SE 92ND AVE PORTLAND OR 97266 263967833 501(C)(3) 10000 ADVANTIS GROW GRANT NEARLY DOUBLED THE NUMBER OF FAMILIES AT THE ORGANIZATIONS OVERNIGHT SHELTERS BY CREATING TWO ADDITIONAL SLEEPING ROOMS AT THE GOOSE HOLLOW SHELTER, IN ADDITION TO EXPANDING THE CURRENT DAY SHELTER, THIRTEEN SALMON, INTO A NIGHT SHELTER TO HOST SIX FAMILIES. MAKE A WISH FOUNDATION OF OREGON 2000 SW 1ST AVE STE 410 PORTLAND OR 97201 820385049 501(C)(3) 7612 ADVANTIS GROW GRANT FUNDED BACKPACKS GIVEN TO EACH CHILD IN ADVANCE OF THEIR WISH EXPERIENCE. BACKPACKS INCLUDED A WISH ITINERARY, SUPPLIES, BRANDED BUTTONS AND T-SHIRTS. DOVELEWIS EMERGENCY ANIMAL HOSPITAL 1945 NW PETTYGROVE ST PORTLAND OR 97209 930621534 501(C)(3) 7459 ADVANTIS GROW GRANT REVITALIZED THE HOSPITALS COMFORT ROOMS WHICH ARE USED BY CLIENTS WHO ARE EXPERIENCING THE LOSS OF A PET. NORTHWEST CREDIT UNION ASSOCIATION 33301 9TH AVE S ST STE 200 FEDERAL WAY WA 98003 910460483 501(C)(6) 6700 PADDLE RAISES AT NWCUA AUCTION WHICH DIRECTLY BENEFITTED CREDIT UNIONS FOR KIDS (CU FOR KIDS). SOLVE 2000 SW 1ST AVE PORTLAND WA 97201 930579286 501(C)(3) 6000 SPONSORSHIP OF "PICK IT UP PORTLAND" EVENT WHICH CLEANED UP PARKS AND OTHER SHARED COMMUNITY SPACES AROUND PORTLAND. OUR HOUSE OF PORTLAND INC 2727 SE ALDER ST PORTLAND OR 97214 930986632 501(C)(3) 6000 ADVANTIS GROW GRANT INSTALLED SHELVING, PURCHASED A NEW STAND-ALONE REFRIGERATOR, AND CONVERTED TWO SMALL FREEZERS TO STAND-UP FREEZERS TO PROVIDE MORE PANTRY STORAGE. METRO YOUTH SYMPHANY 4800 SW MACADAM AVE PORTLAND OR 97239 237447279 501(C)(3) 5300 PADDLE RAISE AT FUNDRAISING AUCTION. DONATIONS WENT TOWARDS GENERAL PROGRAM SUPPORT. GOOD NEIGHBOR CENTER 11130 SW GREENBURG RD TIGARD OR 97223 931269989 501(C)(3) 5160 ADVANTIS GROW GRANT IMPROVED THE OVERALL HEALTH AND SAFETY OF GOOD NEIGHBOR CENTER RESIDENTS BY CONSTRUCTING ONSITE FACILITIES TO TREAT AND PREVENT THE SPREAD OF BED BUGS. OREGON BURN CENTER (EMANUEL MEDICAL CENTER FOUNDATION) PO BOX 4484 PORTLAND OR 97208 936095667 501(C)(3) 5000 SPONSORSHIP FOR ANNUAL GOLF TOURNAMENT FUNDRAISER. 11 1 COLLEGE SCHOLARSHIPS 21 66977 PART I, LINE 2: THE BOARD OF DIRECTORS REVIEWS AND APPROVES LARGE DONATIONS MADE TO ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVES AN ANNUAL BUDGET FOR COLLEGE SCHOLARSHIPS, AND THERE IS A SCHOLARSHIP COMMITTEE THAT INTERVIEWS CANDIDATES AND DECIDES HOW THE MONEY WILL BE USED. CANDIDATES SUBMIT AN APPLICATION, WRITE AN ESSAY AND MUST MEET MINIMUM GPA REQUIREMENTS. X 1 1 X X 0 1 0 ROBERT CORWIN CEO/PRESIDENT 486512 0 73696 0 412000 0 19250 0 6464 0 997922 0 0 0 LAURIE S WILSON SVP/CHIEF FINANCIAL OFFICE 229315 0 44713 0 1939 0 14473 0 8665 0 299105 0 0 0 TIMOTHY J CLOUSE SVP/CHIEF INNOVATION OFFIC 207834 0 27464 0 0 0 14548 0 7215 0 257061 0 0 0 WENDY G EDWARDS SVP/CHIEF ADMINISTRATIVE O 225814 0 29977 0 5728 0 15367 0 6327 0 283213 0 0 0 CHRISTOPHER GOSHKO SVP/CHIEF RETAIL OFFICER 191231 0 25137 0 118 0 13386 0 3557 0 233429 0 0 0 KELI MYERS SVP/CHIEF CREDIT OFFICER 197923 0 35522 0 0 0 13855 0 7815 0 255115 0 0 0 JOHN NICHOLS VP OF MARKETING 131069 0 15316 0 1339 0 7209 0 5641 0 160574 0 0 0 JERI C MAHER MORTGAGE LOAN OFFICER - CO 322 0 0 0 167892 0 13449 0 3211 0 184874 0 0 0 MATTHEW RUSSELL FINANCIAL ADVISOR - LICENS 49685 0 0 0 212469 0 18351 0 2644 0 283149 0 0 0 CLIFFORD BRADY COMMERCIAL RE LOAN ORIGINA 83695 0 0 0 58538 0 9516 0 3818 0 155567 0 0 0 SHANE RICHINS CONTROLLER 154558 0 448 0 101 0 6558 0 8037 0 169702 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - OCCASIONAL AIRFARE FOR SPOUSES ON CREDIT UNION OFFICIAL BUSINESS. THESE ITEMS WERE INCLUDED IN TAXABLE INCOME. PART I, LINE 4B THE PRESIDENT/CEO PARTICIPATED IN A 457(F) RETIREMENT PLAN. THE SVP/CHIEF FIANANCIAL OFFICER, SVP/CHIEF INNOVATION OFFICER AND THE SVP/CHIEF ADMINISTRATIVE OFFICER ALSO PARTICIPATED IN A 457(F) PLAN EFFECTIVE 12/1/2016. CONTRIBUTIONS IN THE AMOUNT OF $327,000 WERE MADE TO THE PLAN DURING 2018. DISTRIBUTIONS OF $400,000 FROM THE PLAN WERE PAID TO ROBERT CORWIN DURING 2018. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE IN ANNUAL ELECTIONS OF MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS THOROUGHLY REVIEWED BY THE CFO AND CONTROLLER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR CEO: THE BOARD OF DIRECTORS REVIEWS AN ANNUAL THIRD PARTY SALARY SURVEY FOR THE CEO POSITION AND SETS AN UPDATED SALARY RANGE. COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES: THIRD PARTY SURVEYS ARE OBTAINED FOR ALL STAFF ON AN ANNUAL BASIS. SALARY RANGES FOR THESE POSITIONS ARE PREPARED BY THE VP OF HUMAN RESOURCES AND APPROVED BY THE CEO. 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: PASSTHROUGH BOOK/TAX DIFFERENCE 176,275.