2018-05-04T10:52:45-07:00 2017-12-31 990 2017-01-01 930389726 Northwest Community Credit Union NORT 5417449437 545 E 8th Ave Eugene OR 97401 QING LU CFO 2018-05-04 2017 2022-09-23 18:48:47Z QING LU 61174096 false false X www.nwcu.com X 1949 Focus on the member, add value and build partnership. 11 11 395 14 94420 -28591 0 57828251 60285557 1844661 753538 95478 94420 59768390 61133515 0 0 22668401 23402261 0 0 31263526 30925220 53931927 54327481 5836463 6806034 1099096507 1152411749 21446981 24958199 1077649526 1127453550 Focus on the member, add value and build partnership. false false Focus on member, add value and build partnership. false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 43260 0 true 395 true true true false false false false false false false false false false X 11 11 true false false false true true false true true false true true true true true true true true true false false X X Qing Lu 5417449437 84846 S Willamette St Eugene OR 97405 Brad D Anderson Director 6.27 0.00 X 22917 0 0 Barbara Blackmore Director 3.37 0.00 X 18333 0 0 Marc Kardell Director 2.40 0.00 X 7333 0 0 Joyce Fish Director 0.46 0.00 X 0 0 0 Roxanne Gillespie Director 3.98 0.00 X 18333 0 0 Mark Miksis Director 2.13 0.00 X 13750 0 0 Judy Shurts Director 3.04 0.00 X 13750 0 0 Barry C Houk Director 2.55 0.00 X 18333 0 0 Jason Wendland Director 2.04 0.00 X 7333 0 0 Richard Leung Director 3.02 0.00 X 18333 0 0 David Rainwater Director 4.21 0.00 X 18333 0 0 Wei Chen Director 3.08 0.00 X 7333 0 0 Erin Erben Director 3.54 0.00 X 13750 0 0 Susan Tranberg Director 3.60 0.00 X 11000 0 0 Russell Bernardo CLO 40.00 0.00 X 159154 0 24401 Melissa Vigil COO 40.00 0.00 X 234147 0 30652 Lucilla Valley CAO 40.00 0.00 X 120461 0 10638 John Iglesias CEO 40.00 0.00 X 758613 0 233541 Qing Lu CFO 40.00 0.00 X 210981 0 17922 Kate Gardner Lange Sr. Invest. Svcs 40.00 0.00 X 142797 0 15612 Michael Hoagland Dir Risk Mgmt 40.00 0.00 X 135789 0 18009 Janette Griffin Regional Dir. Bch 40.00 0.00 X 132422 0 14597 Jon Mainard Dir Invest Svcs 40.00 0.00 X 131939 0 21014 Susan Simons Dir. Enterprise Ap 40.00 0.00 X 123778 0 12464 Aaron Beldner CIO 40.00 0.00 X 217791 0 27091 Paul Stednitz CMDO 40.00 0.00 X 135126 0 13782 Bill Woods Former CLO 40.00 0.00 X 300684 0 22550 2992513 462273 13 true true false Fiserv 225 Fiserv Drive Brookfield WI 53045 Financial Technology 1752311 Q2 Software 13785 Research Blvd 150 Austin TX 78750 Financial Technology 920082 CompuNet 505 S Florence St Grangeville ID 83530 Technology Services 593560 Electric Lightwave PO Box 2966 Milwaukee WI 53201 IT Support 532109 TruHome Solutions 9601 Legler Rd Lenexa KS 66219 Mortgage Servacing 467652 5 0 Interchange fees and othe 522100 3043978 3043978 Interest Income to member 522100 43738308 43738308 Member acct and service 522100 13503271 13503271 60285557 753538 753538 0 0 135001 40581 94420 94420 94420 0 0 0 0 0 61133515 61039095 94420 0 0 0 0 1238764 0 16535825 1040486 2950613 1636573 0 876689 220969 0 0 0 310274 838134 4300889 2963972 0 1797855 406040 0 224724 4234948 0 2551243 203153 Loan Loss Expense 7011986 Loan Product expense 3585491 Other share and loan product 1261930 Personal prop tax 69793 67130 54327481 0 0 0 14427450 18624697 24469043 31460220 0 0 0 4716816 2053288 951985333 1007932407 0 2958216 2798071 56417536 18353874 38997779 38063662 0 0 38744587 29154750 246927 118095 22550356 22206559 1099096507 1152411749 21446980 20958199 4000000 1 21446981 24958199 X 977039608 1020271169 100609918 107182381 1077649526 1127453550 1099096507 1152411749 X 6806034 -47840 43045830 X false false false 4643249 4643249 33190077 5559802 27630275 1233044 554839 678205 526469 204621 321848 16824697 12034612 4790085 38063662 X true true X X X X true true false Aaron Beldner CIO 147094 40047 30650 27091 244882 Bill Woods Former CLO 35071 65414 200199 22550 323234 John Iglesias CEO 364161 322008 72444 233541 992154 Jon Mainard Dir Invest Svcs 48728 80735 2476 21014 152953 Kate Gardner Lange Sr. Invest. Svcs 56609 80685 5503 15612 158409 Melissa Vigil COO 180125 32359 21663 30652 264799 Michael Hoagland Dir Risk Mgmt 112654 17664 5471 18009 153798 Paul Stednitz CMDO 109661 8942 16523 13782 148908 Qing Lu CFO 180990 21151 8840 17922 228903 Russell Bernardo CLO 120171 29500 9483 24401 183555 Part I, Line 1a: Relevant information in regards to selections on 1a. Travel for spouse or companion was sometimes provided by the credit union for executives or directors on business trips. All expenses incurred on behalf of the spouse or companion were totalled for the year end and a 1099 Misc was issued when appropriate. There is written policy that requires pre-approval, receipts, and documentations. Part III, Additional Information John Iglesias, the CEO, will be the recipient of a non-qualified retirement plan that is accruing and $200,000 has been paid out in 2017 and continuing through the end of 2029. It is based on employment with the organization and is 26% vested at the end of 2017. The vested value of this plan for 2017 is $108,333. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Two of the directors, Joyce Fish and Judy Shurts, are sisters. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder As a credit union we have members who maintain a $5 share account with us. Form 990, Part VI, Line 11b: Form 990 Review Process The CFO reviews the 990 and the supporting schedules. After the review and before it is filed, the Form 990 is reviewed by the CEO and the directors. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All officers and key employees are required yearly to affirm that they have disclosed interests that could give rise to conflicts. Directors are asked initially to disclose any of these interests and are made aware regularly that they must disclose any new interests, but they are not required to do so formally each year. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization places monthly summarized and yearly detailed financial statements on its website. The governing body documents and conflict of interest policies are available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Decrease of Accounts payable = $488782 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of intangible assets = -$128832 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of investments program related = -$9589837 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of Land and Building = -$934117 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease of Loans from disqualified person = -$2663527 Other Changes In Net Assets Or Fund Balances - Other Increases Decrease of Unrealized gain/loss = $47840 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of Cash = $4197247 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of loans and receivables, net = $55947073 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of other assets = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Increase of savings and tem cash investment = $6991176 Other Changes In Net Assets Or Fund Balances - Other Decreases Net Income = -$6806034 Other Changes In Net Assets Or Fund Balances - Other Decreases Notes Payable = -$4000000 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Assets = -$343796 Other Changes In Net Assets Or Fund Balances - Other Decreases Prepaids = -$160145