2018-05-14T15:57:41-07:00 2017-12-31 990 2017-01-01 910403815 CREDIT UNIONS IN THE STATE OF WASHINGTON CRED 2066284010 5200 Southcenter Blvd Seattle WA 98188 Alex Mendes CFO 2066284010 2018-05-14 209.189.195.60 2017 2021-01-29 14:40:06Z Scott Adkins 5200 Southcenter Blvd Seattle WA 98188 50098358 0 1269 X www.inspiruscu.org X Credit Union 1936 WA Credit Union 8 8 192 8 0 0 0 0 38081496 43517482 3990082 3580621 1315798 2931710 43387376 50029813 332776 392673 0 0 13678230 14444332 0 0 0 20454589 24094551 34465595 38931556 8921781 11098257 1191530828 1257510945 1075566810 1130151145 115964018 127359800 Credit Union 0 0 Credit Union 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 51206 0 1 192 1 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Eva Ngu 2066285879 5200 Southcenter Blvd Seattle WA 98188 Richard Rutkowski Board Chairman 2 0 X 8400 0 0 Shirley Liu Hodgson Supervisory Chair 2 0 X 8400 0 0 Brian Benzel Board Member 2 0 X 8400 0 0 William Bonaudi Board Member 2 0 X 9163 0 0 Linda S Cowan Board Member 2 0 X 8400 0 0 Sandra M Kurack Board Member 2 0 X 8400 0 0 Roger A Reimer Board Member 2 0 X 8400 0 0 Carl Tingelstad Board Member 2 0 X 700 0 0 Scott Adkins President 40 0 X 530813 0 54284 Aproniano Labonite Vice President 40 0 X 192554 0 29300 Douglas Grout Vice President 40 0 X 175159 0 46358 Kristina Hanson Vice President 40 0 X 168137 0 45335 Collin Campbell Vice President 40 0 X 161572 0 37526 James Hanulik Vice President 40 0 X 143458 0 42275 Sherry Lotze Vice President 40 0 X 138909 0 34356 Patsy Gayda Vice President 40 0 X 136068 0 26930 Eva Ngu Controller 40 0 X 128629 0 30519 Brant Spangler AVP of Lending 40 0 X 121291 0 31991 Greg Vermillion IT Production Control Manager 40 0 X 117089 0 23422 Rick Hall IT Program Manager 40 0 X 116975 0 13070 Erich Knaak IT Security Manager 40 0 X 115034 0 22454 Margaret Summerhays Senior Project Manager 40 0 X 109624 0 23195 Carol Cameron Seniro Project Manager 40 0 X 105844 0 23289 Melanie Heymans Human Resources Manager 40 0 X 104301 0 12500 2625720 0 496804 16 0 1 0 Kaiser Permanente P O Box 31750 Seattle WA 981241750 Medical Insurance 1896311 Payment Systems for Credit Unions 560 Carillon Parkway St Petersburg FL 33716 Credit card processing 1771913 PCL Construction Services Inc 3650 131st Ave SE Suite 650 Bellevue WA 98006 Construction Services 1675772 Alkami Technology P O Box 670397 Dallas TX 75267 Online Banking 890263 Fiserv 255 Fiserv Drive P O Box 979 Brookfield WI 530080979 ATM-Debit Card Payment Services 680436 26 0 0 0 0 0 0 0 0 Interest on Loans to Members 522100 26809669 26809669 0 0 Interest on Participation Loans 522100 8692113 8692113 0 0 Card Interchange Income 522100 4119991 4119991 0 0 Service Charges 522100 3518080 3518080 0 0 Other Income 522100 377629 377629 0 0 0 0 0 0 43517482 3582686 3582686 0 0 0 0 0 0 0 0 0 0 742551 0 0 0 742551 0 742551 742551 0 0 0 66480 0 68545 0 -2065 -2065 -2065 0 0 0 Unrealized Investment Gain (Losses) 523000 2189159 2189159 0 0 0 0 0 0 2189159 50029813 50029813 0 0 390873 1800 0 0 2565458 0 7844939 974930 2241200 817805 0 128183 97185 0 0 54915 1179402 511751 3367204 2527116 0 704775 204182 0 57773 4324456 0 1389815 166876 ATM/debit/credit card Expenses 3719588 Provision for Loan Losses 3371126 Title fee and other loan expenses 1153275 Other expenses 1136929 38931556 0 0 0 5293758 4365454 54373523 72010425 0 0 1708983 7617926 756582 833999 0 0 871232081 989113189 0 0 597120 791730 28911714 7504901 19417035 21406813 221994948 144578324 0 0 0 0 0 0 16156798 16793085 1191530828 1257510945 7931154 10082942 0 986349 952215 0 0 5263 4847 0 0 0 0 42000000 42000000 1024644044 1077111141 1075566810 1130151145 X 0 0 0 0 115964018 127359800 115964018 127359800 1191530828 1257510945 X 11098257 440347 0 0 0 -142822 X 0 1 1 0 0 1 X 0 3157996 3157996 0 17349809 1344636 16005173 0 0 0 0 0 8403909 6160265 2243644 0 0 0 0 21406813 0 Member savings accounts 767879451 Member checking accounts 246848531 Member IRA accounts 40534666 Member certificates of deposit 21848493 1077111141 50029813 0 0 0 0 0 50029813 0 0 0 50029813 38931556 0 0 0 0 0 38931556 0 0 0 38931556 Schedule D, Part IV, Line 2b Our credit union maintains an escrow account for members who are required to have flood insurance by law. We collect and pay the insurance premium when payment is due. 1 DonorsChoose 347 W 6th St Room 503 New York NY 10018 134129457 101313 0 Association of WA School Principals 1021 8th Ave SE Olympia WA 98501 911153112 15000 0 Communities in Schools of Spokane County 905 West Riverside Suite 301 Spokane WA 99201 261581358 12500 0 Washington DECA 200 W Mercer Street Suite 207 Seattle WA 98119 911308496 10500 0 Fred Hutchinson Cancer Research Center Mail Stop A1-023 1100 Fairview Ave N Seattle WA 98109 237156071 10000 0 Eastern WA University Foundation 102 Hargreaves Hall Cheney WA 99004 911019819 7600 0 Highline Schools Foundation 15675 Ambaum Blvd SW Burien WA 98166 912020506 7250 0 Green River College Foundation 12401 SE 320th St Auburn WA 98092 510168649 7000 0 Second Harvest 1234 East Front Avenue Spokane WA 99202 237173826 5508 0 Renton School District 300 SW 7th Street Renton WA 98057 916001635 5500 0 East Valley School District 3830 N Sullivan Road Number 1 Spokane WA 99216 911019819 5500 0 0 0 Schedule I, Part I, Line 2 Grant funds are provided to "education-aligned" partners including public and private, non-profit institutions of learning (including pre-K, K-12, two-year and four-year higher education). For-profit institutions are ineligible. Scholarships - student transcripts are verified. X 1 1 X X X 0 0 0 Scott Adkins President 515053 0 11641 0 4119 0 29003 0 25280 0 585096 0 0 0 Aproniano Labonite Vice President 189001 0 9658 0 -6104 0 4419 0 24880 0 221854 0 0 Douglas Grout Vice President 167692 0 9923 0 -2456 0 21471 0 24886 0 221516 0 Collin Campbell Vice President 156635 0 7010 0 -2072 0 19637 0 35776 0 216986 0 0 Kristina Hanson Vice President 161051 0 9606 0 -2520 0 20479 0 24857 0 213473 0 0 0 James Hanulik Vice President 137961 0 8216 0 -2719 0 17541 0 24734 0 185733 0 0 0 Patsy Gayda Vice President 126885 0 7426 0 1757 0 16117 0 10812 0 162997 0 0 Eva Ngu Controller 123021 0 6765 0 -1157 0 14420 0 16098 0 159147 0 0 Sherry Lotze Vice President 117577 0 8682 0 -2777 0 13794 0 20561 0 157837 0 0 Brant Spangler AVP of Lending 116633 0 5951 0 -1293 0 14710 0 17281 0 153282 0 0 Greg Vermillion IT Production Control Manager 116120 0 4465 0 -3496 0 0 0 23422 0 140511 0 0 Erich Knaak IT Security Manager 114772 0 2291 0 -2029 0 11393 0 11060 0 137487 0 0 0 Rick Hall IT Program Manager 111813 0 4458 0 554 0 2326 0 10714 0 129865 0 0 0 Margaret Summerhays Senior Project Manager 105929 0 2116 0 1429 0 12481 0 10714 0 132669 0 0 0 Carol Cameron Seniro Project Manager 102887 0 2051 0 906 0 12592 0 10697 0 129133 0 0 0 Melanie Heymans Human Resources Manager 100058 0 3885 0 208 0 10531 0 3936 0 118618 0 0 0 Schedule J, Part I, Line 1a Paid spouse travel for conferences. Scott Adkins Officer Auto X 24451 3418 0 1 1 Scott Adkins Officer Visa X 20000 13627 0 1 1 Scott Adkins Officer 1st Mortgage X 568000 438249 0 1 1 Brian Benzel Director Auto X 30031 18939 0 1 1 Brian Benzel Director Visa X 20000 13598 0 1 1 Patsy Gayda Officer Home Equity X 50000 49533 0 1 1 Patsy Gayda Officer Visa X 16000 11040 0 1 1 Kris Hanson Officer Auto X 25371 23805 0 1 1 Kris Hanson Officer Visa X 1000 12 0 1 1 James Hanulik Officer Visa X 20000 2646 0 1 1 Sandra Kurack Director Visa X 20000 775 0 1 1 Aproniano Labonite Officer Auto X 21637 13606 0 1 1 Aproniano Labonite Officer Auto X 25518 18579 0 1 1 Aproniano Labonite Officer Home Equity X 110000 110000 0 1 1 Aproniano Labonite Officer Visa X 15000 14696 0 1 1 Roberta McFarland Supervisory Committee Member Auto X 18000 8075 0 1 1 Roberta McFarland Supervisory Committee Member Auto X 13743 8816 0 1 1 Matt Medlin Supervisory Committee Member Overdraft Protection X 1500 1470 0 1 1 Matt Medlin Supervisory Committee Member Visa X 20000 2136 0 1 1 Alexandre Mendes Officer Auto X 25582 25582 0 1 1 Roger Reimer Director Visa X 20000 50 0 1 1 Richard Rutkowski Director Boat X 155000 46347 0 1 1 Richard Rutkowski Director Auto X 9000 9000 0 1 1 833999 Dylan Hanson Child of Officer 600 Scholarship Scholarship Form 990, Part VI, Section A, Line 6 Credit Unions are organized as cooperatives and individuals become voting members when they join. Form 990, Part VI, Section A, Line 7a The Board of Directors are elected by a vote of members at the annual meeting. Form 990, Part VI, Section A, Line 7b A vote of members is required for a merger, charter conversion or other significant matters. Form 990, Part VI, Section B, Line 11b The Form 990 is presented to the Board of Directors prior to filing the return. Form 990, Part VI, Section B, Line 12c A conflict of interest disclosure form must be signed annually by all Directors and Officers. Form 990, Part VI, Section B, Line 15 The salary of the CEO is determined by the compensation committee of the Board of Directors. Factors in determining compensation include industry comparison, experience, performance and other factors. Salaries for other officers are set by their supervisors based upon industry comparison, experience, performance and other factors. Form 990, Part VI, Section C, Line 19 The Credit Union sends its members summary income statement and balance sheet data annually. Detailed information is available to the public on the NCUA website. The tax return, audited financial statements and other data are available upon request. Form 990, Part XI, Line 9 Other changes in fund balances were due to changes in the recorded liability of post retirement benefit and other defined employee benefit obligations.