2016-11-15T17:14:35-06:00 2015-12-31 810987947 HAUSER JONES & SAS PLLC 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2015-01-01 910564948 CREDIT UNIONS IN THE STATE OF WASHINGTON CRED 2535841065 9900 VETERANS DRIVE SW TACOMA WA 98493 MR KOLIN MCMANN CEO 2535841065 2016-11-15 1 ROGER A JONES CPA P01702335 4258891778 2016-11-15 2015 2017-02-10 21:41:12Z AMERICAN LAKE CREDIT UNION MR KOLIN MCMANN 9900 VETERANS DRIVE SW TACOMA WA 98493 2259307 0 X WWW.AMERICANLAKE.ORG X 1948 WA A FINANCIAL COOPERATIVE DEDICATED TO HELPING MEMBERS IMPROVE THEIR FINANCIAL STATUS. 10 10 24 14 9282 -12157 0 0 2282910 2110231 102087 136377 0 0 2384997 2246608 0 0 0 0 898525 832497 0 0 0 1385560 1341850 2284085 2174347 100912 72261 46785985 67420550 41161254 61723558 5624731 5696992 A PROACTIVE FINANCIAL COOPERATIVE DEDICATED TO HELPING MEMBERS IMPROVE THEIR FINANCIAL STATUS, PROVIDING A VARIETY OF QUALITY SERVICES TO A DIVERSIFIED MEMBERSHIP WHILE MAINTAINING FINANCIAL SOUNDNESS. 0 0 MUTUAL, MEMBERSHIP BENEFIT PROGRAMS, GENERAL/OTHER: PROVIDED ITS 6,232 MEMBERS THE OPPORTUNITY FOR SAVINGS, DEPOSIT, LOANS, AND OTHER FINANCIAL SERVICES. THE CREDIT UNION GRANTED 1,226 LOANS TOTALING $8,901,656 TO ITS MEMBERS DURING 2015. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 539 0 1 24 1 1 1 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X MR KOLIN MCMANN 2535841065 9900 VETERANS DR SW TACOMA WA 98493 PAUL JOHNSON DIRECTOR 1.00 X 0 0 0 GLEN NEAL CHAIR 1.00 X 0 0 0 JOHN WEBER ASSOCIATE DIRECTOR 1.00 X 0 0 0 MARLENE GRANTHAM TREASURER 1.00 X 0 0 0 BOB DERMANN SECRETARY 1.00 X 0 0 0 DIEDRA MCLAUCHLAN DIRECTOR 1.00 X 0 0 0 CONSTANCE HYNDMAN DIRECTOR 1.00 X 0 0 0 DON HAM DIRECTOR 1.00 X 0 0 0 DON HOFFMAN DIRECTOR 1.00 X 0 0 0 BRIAN HAGEL DIRECTOR 1.00 X 0 0 0 OMA MADSEN CONTROLLER 55.00 X 77869 0 11397 KOLIN MCMANN CEO 55.00 X 123808 8000 26255 CHERYL L BEESON ADMINISTRATIVE MANAGER 55.00 X 62322 0 10765 GLENN E DAVOCOL OPERATIONS MANAGER 55.00 X 29558 0 4892 M EARLENE FANTZ PRESIDENT/CEO 55.00 X 532525 0 411 826082 8000 53720 2 1 1 0 JACK HENRY PO BOX 600 MONET MO 65708 DATA PROCESSING 117681 1 INTEREST ON LOANS TO M 522291 1509592 1509592 FEES & CHARGES 522100 384503 384503 VISA INTERCHANGE 522100 169723 169723 MISC. MEMBER SERVICES 522100 46208 36926 9282 457 PLAN ASSET INCOME 524298 205 205 2110231 149076 149076 12699 -12699 -12699 -12699 2246608 2088250 9282 149076 293557 359212 24371 82703 72654 1933 19083 3300 28549 17246 210088 115517 28003 16731 5761 45101 24013 PROVISION FOR LOAN LOSS 328358 LOAN SERVICING FEE 190437 MEMBER SERVICING FEE 143370 DIVIDENDS PAID TO MEMBE 113166 51194 2174347 507173 1196619 16168767 7968387 18172 37328 28165993 31895874 226939 194418 2873551 1800255 199552 1073296 413922 24262587 639461 1085467 152580 46785985 67420550 819796 326073 40341458 61397485 41161254 61723558 X 0 0 0 0 5624731 5696992 5624731 5696992 46785985 67420550 72261 0 X 0 0 0 861417 861417 594123 516392 77731 104724 63697 41027 1236010 1149363 86647 77277 70803 6474 1073296 CERTIFICATE OF DEPOSITS 24262587 C 24262587 MEMBER SHARE & DEPOSIT ACCOUNTS 61397485 61397485 X X X X 0 1 0 KOLIN MCMANN CEO 123808 8000 0 0 0 0 18000 0 8255 0 150063 8000 0 0 M EARLENE FANTZ PRESIDENT/CEO 15525 0 0 0 517000 0 411 0 0 0 532936 0 0 0 PART I, LINE 4 - SERVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS M EARLENE FRANTZ SERVERANCE $0 NONQUALIFIED $517,000 EQUITY BASED $0 FORM 990, PART I, LINE 6 VOLUNTEERS CONSIST OF THE CREDIT UNION'S BOARD MEMBERS AND SUPERVISORY BOARD MEMBERS WHO PROVIDE OVERSIGHT OVER THE OPERATIONS AND POLICIES OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS ORGANIZED WITH 6,232 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT ALL BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE CREDIT UNION CHARTER, MERGERS AND SIMILAR GOVERNANCE DECISIONS ARE SUBJECT TO THE APPROVAL BY THE MEMBERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11 THE CEO REVIEWS THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS SIGNED ANNUALLY AT THE REORGANIZATION MEETING AND IS INCORPORATED IN THE OATH OF OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS BASED ON NATIONAL AND STATEWIDE SURVEYS OF CREDIT UNIONS. THE BOARD APPROVES THE SALARY BASED ON THOSE SURVEYS. THE CEO SUBMITS SALARIES FOR OFFICERS VIA THE ANNUAL BUDGET PROCESS, BASED ON SURVEYS AT COMPARABLE CREDIT UNIONS AND THE BOARD APPROVES THE PROPOSED BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THEIR ANNUAL MEETING AND UPON REQUEST.