2016-11-03T14:57:29-05:00 2015-12-31 910189318 Moss Adams LLP 601 W Riverside Avenue Ste 1800 Spokane WA 99201 990 2015-01-01 910863377 Numerica Credit Union NUME 5095357613 14610 E Sprague Avenue Spokane Valley WA 992162146 Cindy Leaver CFO 5095357613 2016-10-26 1 Emina O Cresswell P01217304 5097472600 2016-10-26 2015 2017-02-10 21:41:12Z CINDY LEAVER 14610 E Sprague Avenue Spokane Valley WA 992162146 126931530 0 1269 X www.numericacu.com X 1937 WA Credit union operated without profit for mutual purposes. 9 9 472 16 1391527 396178 0 0 73283519 81269685 2154863 2358284 0 0 75438382 83627969 190237 252667 0 0 28823622 31697997 0 0 0 31391544 36641732 60405403 68592396 15032979 15035573 1426153226 1592691490 1268438401 1420478587 157714825 172212903 Credit Union operated without profit for mutual purposes. 0 0 Provide financial services to 117,202 members. These services include, but are not limited to, providing real estate and other secured/unsecured consumer and business loans, checking and savings programs, and credit card services. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 32932 0 1 472 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 ID X Cindy Leaver 5095357613 14610 E Sprague Avenue Spokane Valley WA 99216 Smith Yvonne Director 8.00 X 10766 0 0 Plumb Scott Director 8.00 X 8290 0 0 Harmon Robin Director 8.00 X 9196 0 0 Nielsen Susan Director 8.00 X 9514 0 0 Mortensen Wes director 8.00 X 8006 0 0 Clark Scott Vice Chair 8.00 X X 8126 0 0 Shriver Dave Chairman 8.00 X X 4165 0 0 Hupp Ron Chair Elect 8.00 X X 20302 0 0 Benson Adam Secretary 8.00 X X 3665 0 0 Ferguson Kelley Chief Information Officer 40.00 X 267470 0 32276 Harter Nancy Chief Branding Officer 40.00 X 275388 0 31576 Altepeter Carla President/CEO 40.00 X 668525 0 54596 Leaver Cindy Chief Financial Officer 40.00 X 286574 0 33837 Lehn Jennifer Chief Operations Officer 40.00 X 307459 0 33896 Plank Kenneth Chief Lending Officer 40.00 X 277512 0 25446 Ciani Lynn EVP - General Counsel 40.00 X 221856 0 29727 Sunderman Lisa VP Enterprise Risk Mgmt 40.00 X 153239 0 22375 Hansen Greg VP of Business Services 40.00 X 174403 0 27169 Grabicki Michelle VP of Corporate Culture 40.00 X 182698 0 25392 Stephens Rob VP of Finance 40.00 X 186003 0 29411 Murray KayCee AVP E-Development 40.00 X 153814 0 22891 Hallock Erynne VP of Branch Admin & Sales 40.00 X 152549 0 24742 ERNY JANA VP OF RETAIL LENDING 40.00 X 170784 0 10564 O'CALLAGHAN JENNIFER VP OF MARKETING 40.00 X 158236 0 12748 Phares Scott AVP Dealer Center 40.00 X 142655 0 16849 Coltrain Eric Financial Advisor 40.00 X 196657 0 16302 HELGESEN ROBERT AVP HOME LOAN CENTER 40.00 X 142869 0 17574 ELLIS WENDIE AVP DEPOSITS/OPERATIONS 40.00 X 127345 0 18996 FOX MARK VP PAYMENT SERVICES 40.00 X 148531 0 22284 4476597 0 508651 36 0 1 0 Leone & Keeble Inc PO Box 2747 Spokane WA 99220 General Contractor 1987009 MTR Communications 1705 S Maple Blvd Spokane WA 99203 Marketing/Public Relations 1142198 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 Computers/Technology 942005 DIEBOLD GLOBAL FINANCE CORP 5995 MAYFAIR RD CANTON OH 44720 ATM 500675 KAYE SMITH 4101 OAKESDALE RENTON WA 98057 PRINTING 387719 45 Interest on Loans 522100 58720474 58720474 Fee Income 522100 22549211 21157684 1391527 81269685 2269860 2269860 42410540 981445 42404252 899309 6288 82136 88424 88424 83627969 79878158 1391527 2358284 252667 4135194 20763496 1573243 3184260 2041804 84058 166437 437651 3040757 3592587 1981712 1700481 580077 122941 9827288 2856500 272005 Unrelated Business Tax 103326 Provision for Loan Loss 7623965 Loan Servicing Expense 2206605 ATM/Visa Card Expenses 1724671 320671 68592396 14916572 19393580 74140482 111886111 10174076 11404557 1149601568 1257717084 1702384 1392789 65096957 16959042 46300733 48137915 113023651 122932901 176513 152123 16117247 19674430 1426153226 1592691490 17010643 21324456 36991 776260 50215640 78989969 1201175127 1319387902 1268438401 1420478587 X 0 0 0 0 157714825 172212903 157714825 172212903 1426153226 1592691490 15035573 -537495 0 X 0 1 X 1 0 11932124 11932124 35524930 7217902 28307028 1430238 719973 710265 4753911 3528528 1225383 11455754 5492639 5963115 48137915 Available for Sale Securities 106685829 F NCUSIF Deposit 11687872 C Federal Home Loan Bank Stock 3809200 C Other Investments 750000 C 122932901 Shares & Deposits 1319387902 1319387902 X 83627969 0 83627969 0 83627969 68592396 0 68592396 0 68592396 Part X, Line 2: The Credit Union is exempt by statute from federal income taxes under the provisions of Section 501 of the Internal Revenue Code of 1954; however, the Credit Unions unrelated business income and subsidiaries are subject to federal income taxes. There were no significant income taxes for the years ended December 31, 2015 or 2014. Accounting principles prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Credit Union had no unrecognized tax positions at December 31, 2015, and December 31, 2014. It is the Credit Union's policy to record any penalties or interest arising from federal or state taxes as a component of noninterest expense. The Credit Union files a federal exempt organization return and sales and use tax return with the state of Washington. With few exceptions, the Credit Union is no longer subject to U.S. federal or state and local income tax examinations by tax authorities for years before 2012. 1 Mobius Kids 808 W Main St Spokane WA 99201 911694299 501(c)(3) 6000 General Support Inland Northwest Community Foundation 421 W Riverside Suite 606 Spokane WA 99201 910941053 501(c)(3) 16667 General Support Second Harvest Food Bank 1234 E Front Ave Spokane WA 99202 237173826 501(c)(3) 50000 General Support EWU FOUNDATION 102 HARGREAVES HALL CHENEY WA 99004 911019819 501(c)(3) 150000 General Support WORLD COUNCIL OF CREDIT UNION FOUNDATION 5710 MINERAL POINT RD MADISON WI 537054493 396093210 501(c)(3) 5000 General Support CHEST OF HOPE 4931 W 24TH PLACE KENNEWICK WA 99338 911739024 501(c)(3) 5000 General Support COMMUNITIES IN SCHOOLS- RICHLAND 415- C WRIGHT AVE RICHLAND WA 99352 810846103 501(c)(3) 5000 General Support FAMILY PROMISE OF SPOKANE 904 E HARTSON AVE SPOKANE WA 99202 911707988 501(c)(3) 5000 General Support FREE REIN THERAPEUTIC RIDING 8118 S RAMONA RD SPOKANE WA 99224 208317385 501(c)(3) 5000 General Support FIELDS OF DIAMONDS HOUSE OF BLESSINGS PO BOX 18890 SPOKANE WA 99228 010881525 501(c)(3) 5000 General Support 10 Part I, Line 2: Donations are routed through the Community Involvement Committee (CIC) or through the Communications department depending on the request. The request is then evaluated either by Communications or by the CIC donations sub-committee and a determination made as to the amount to be donated. All acknowledgements are retained and recipients of the donations recorded. All recipients are well known local organizations. Numerica assumes that all grant funds are used within the U.S. but does not monitor the use of funds past the date of contribution. X X X 1 1 X X 0 0 0 Ferguson Kelley Chief Information Officer 221056 0 42317 0 4097 0 23852 0 8424 0 299746 0 0 0 Harter Nancy Chief Branding Officer 222664 0 45189 0 7535 0 24712 0 6864 0 306964 0 0 0 Altepeter Carla President/CEO 499229 0 121943 0 47353 0 33200 0 21396 0 723121 0 0 0 Leaver Cindy Chief Financial Officer 234619 0 46604 0 5351 0 25833 0 8004 0 320411 0 0 0 Lehn Jennifer Chief Operations Officer 254986 0 50427 0 2046 0 27032 0 6864 0 341355 0 0 0 Plank Kenneth Chief Lending Officer 222182 0 44294 0 11036 0 17442 0 8004 0 302958 0 0 0 Ciani Lynn EVP - General Counsel 191151 0 29410 0 1295 0 21723 0 8004 0 251583 0 0 0 Sunderman Lisa VP Enterprise Risk Mgmt 138992 0 14152 0 95 0 14371 0 8004 0 175614 0 0 0 Hansen Greg VP of Business Services 147893 0 26303 0 207 0 17065 0 10104 0 201572 0 0 0 Grabicki Michelle VP of Corporate Culture 148775 0 33828 0 95 0 17388 0 8004 0 208090 0 0 0 Stephens Rob VP of Finance 156520 0 28370 0 1113 0 18157 0 11254 0 215414 0 0 0 Murray KayCee AVP E-Development 122697 0 28476 0 2641 0 14467 0 8424 0 176705 0 0 0 Hallock Erynne VP of Branch Admin & Sales 129488 0 23018 0 43 0 14938 0 9804 0 177291 0 0 0 ERNY JANA VP OF RETAIL LENDING 152954 0 9005 0 8825 0 2560 0 8004 0 181348 0 0 0 O'CALLAGHAN JENNIFER VP OF MARKETING 158130 0 0 0 106 0 4744 0 8004 0 170984 0 0 0 Phares Scott AVP Dealer Center 119473 0 23088 0 94 0 9565 0 7284 0 159504 0 0 0 Coltrain Eric Financial Advisor 0 0 196614 0 43 0 5898 0 10404 0 212959 0 0 0 HELGESEN ROBERT AVP HOME LOAN CENTER 119521 0 23250 0 98 0 9570 0 8004 0 160443 0 0 0 FOX MARK VP PAYMENT SERVICES 122703 0 25676 0 152 0 14280 0 8004 0 170815 0 0 0 Part I, Line 1a Wellness expenses such as health club dues are provided for executive management as a benefit. Their compensation is taxed appropriately for this benefit. Board members who have companions traveling have these expenses included for taxable purposes in their 1099-Misc. Tax payments are provided for executive level staff on the taxable benefit of an interest-free loan on a split dollar life insurance policy. ALTEPETER CARLA President/CEO Split Dollar Life Insurance Policy X 5341421 4821790 0 1 1 ALTEPETER CARLA President/CEO CollATERALIZED LOAN - CLOSED END X 32670 17951 0 0 1 ALTEPETER CARLA President/CEO MORTGAGE LOAN SERVICING X 562500 473968 0 0 1 Ciani Lynn EVP - General Counsel 2014 Arctic Fox 29L X 40556 29077 0 0 1 Ciani Lynn EVP - General Counsel FNMA Investor Mortgage X 333600 311521 0 0 1 FerGUSON KELLEY Chief Information Officer Split Dollar Life Insurance Policy X 778600 705602 0 1 1 FERGUSON KELLEY Chief Information Officer NUMERICA SUBSERVICED MORTGAGE X 224000 187172 0 0 1 LeaVER CYNTHIA J Chief Financial Officer Split Dollar Life Insurance Policy X 946000 856829 0 1 1 Lehn JENNIFER A Chief Operations Officer Split Dollar Life Insurance Policy X 217360 195765 0 1 1 LEHN JENNIFER A Chief Operations Officer MORTGAGE LOAN SERVICING X 216000 178610 0 0 1 LEHN JENNIFER A Chief Operations Officer COLLATERALIZED LOAN - CLOSED END X 31035 9654 0 0 1 NorbURY-HARTER NANCY Chief Branding Officer Split Dollar Life Insurance Policy X 1178760 1102199 0 1 1 NORBURY-HARTER NANCY Chief Branding Officer Numerica SubSERVICED MORTGAGE X 417000 403378 0 1 1 Plank Ken Chief Lending Officer Split Dollar Life Insurance Policy X 1287330 1206957 0 1 1 Plank Ken Chief Lending Officer Numerica SubsERVICED MORTGAGE X 417000 395387 0 1 1 Plank Ken Chief Lending Officer 2002 Malibu 23LSV X 31881 29644 0 0 1 Plank Ken Chief Lending Officer CollaterALIZED LOAN - CLOSED END X 20212 7014 0 0 1 CIANI Lynn EVP - General Counsel 2015 bmw x5 X 57221 54322 0 0 1 LEAVER CYNTHIA J Chief Financial Officer 2009 HYUNDAI SANTA FE V-6 X 14657 14657 0 0 1 LEAVER CYNTHIA J Chief Financial Officer 2016 BUICK ENCLAVE AWD X 49532 49532 0 0 1 LEAVER CYNTHIA J Chief Financial Officer NUMERICA SUBSERVICED MORTGAGE X 363920 353528 0 0 1 11404557 Form 990, Part VI, Section A, line 6 The organization has one class of members. Form 990, Part VI, Section A, line 7a The organization's members may elect one or more members of the governing body. Form 990, Part VI, Section A, line 7b The organization's members must approve certain infrequent decisions of the governing body. For example, a merger would require member approval. Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by Executive Management. Form 990, Part VI, Section B, line 12c There is an annual certification process where the code of ethics policy for volunteers is reviewed. Form 990, Part VI, Section B, line 15 A committee of the Board of Directors reviews the CEO's contract annually and uses data from various surveys to provide substantiation of the deliberation and decisions regarding the CEO's annual bonus and salary. All of the salary ranges for the entire organization are set based on various salary surveys. The surveys are of financial institutions of similar size and region. Form 990, Part VI, Section C, line 18 The Organization's Form 1024 and Form 990 are available upon request. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available upon request. Numerica Member Services Inc PO Box 4000 Spokane Valley WA 99037 911320629 Financial Planning Service WA Numerica Credit Union C 495765 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0