2016-08-10T18:00:01-05:00 2015-12-31 910189318 Moss Adams LLP 601 W Riverside Avenue Ste 1800 Spokane WA 99201 990 2015-01-01 911792217 HAPO Community Credit Union HAPO 5099435676 601 Williams Blvd Richland WA 99354 JOHN SCHNELLBACH CFO CFO 5099435676 2016-08-04 1 Emina O Cresswell CPA P01217304 5097472600 2016-08-04 2015 2016-12-15 16:53:06Z Steve Anderson 601 Williams Blvd Richland WA 99354 76422925 0 X WWW.HAPO.ORG X 1953 WA HAPO provides low cost savings vehicles with superior interest return and low interest rate loans to its members, without capital stock, organized and operated for mutual purposes and without profit. Net earnings are retained in accordance with the regulatory requirements of the NCUA and state law. 7 7 403 4 187941 41772 0 0 68965838 71863686 -996397 -263859 678378 837375 68647819 72437202 594500 551520 0 0 23986279 24374640 0 0 0 35805921 37379295 60386700 62305455 8261119 10131747 1238531651 1361141868 1141417395 1254054068 97114256 107087800 X SEE SCHEDULE O 0 0 HAPO provides low cost savings vehicles with superior interest return and low interest rate loans to over 130,000 members, without capital stock, and is organized and operated for mutual purposes, consistent with the philosophy of the credit union movement and the regulatory requirements of the NCUA and state law. The net increase in retained earnings from program services provides for the safety and soundness of the credit union in accordance with the regulatory requirements of the NCUA and state law. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20174 0 1 403 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 1 1 0 1 1 X JOHN SCHNELLBACH CFO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 KEN GALE DIRECTOR 2.00 X 15667 0 0 WILLIAM CLARKE DIRECTOR 2.00 X 15000 0 0 KEN HOHENBERG DIRECTOR 2.00 X 15000 0 0 RICHARD CUMMINS DIRECTOR 2.00 X 15000 0 0 WILLIAM TANNER Board Chair 5.00 X X 20000 0 0 KEN BAYS Board Secretary 2.00 X X 18000 0 4930 WILLIAM TYLER Vice Chairman 2.00 X X 15000 0 0 STEVE ANDERSON President/CEO 40.00 X 709427 0 228314 JOHN SCHNELLBACH Sr VP/CFO 40.00 X 507266 0 216908 David Schulz Former President/CEO 40.00 X 884592 0 268261 CAROLYN O'NIEL Sr VP/CDO 40.00 X 355498 0 70385 SCOTT MITCHELL Sr VP/CRO 40.00 X 377899 0 119242 RUBY CAMPOS Sr VP/Operations 40.00 X 326709 0 26887 Dolores Broeske Sr VP/HR 40.00 X 211635 0 27344 Charlie March VP 40.00 X 221813 0 23967 Paul Pedersen vp 40.00 X 187491 0 26278 Marcus Hall VP 40.00 X 151309 0 23992 Don Frigaard vp 40.00 X 121512 0 22512 Jessica Gaudreault VP 40.00 X 102250 0 22314 Nivie Sizemore DIRECTOR OF ACCOUNTING 40.00 X 115766 0 23159 Marion Goodrich Director of IS 40.00 X 111004 0 20498 Robert Stafford ALM Analyst 40.00 X 100721 0 18254 Sheryl Lueckel Former VP 0.00 X 120000 0 6893 Eric Clements Former Director of IS 0.00 X 104296 0 9788 4822855 0 1159926 18 1 1 0 MCCURLEY INTEGRITY DEALERSHIPS 1325 Autoplex Way PASCO WA 99301 AUTO LOAN referrals 496646 FIS PO Box 4535 Carol Stream IL 60197 Bill Payment System Services 481515 Bluepoint Solutions Inc 2560 Anthen Village Drive Ste 200 Henderson NV 98052 Software Licensing 411043 Dick Hannah Chrysler 3517 NE Auto Mall Drive vancouver WA 98669 Auto Loan referrals 362000 Dura-Shine Clean PO Box 2754 Pasco WA 99301 Janitorial Services 327451 33 MEMBER LOAN INTEREST 522100 53586925 53586925 MEMBER FEES & CHARGES 522100 10470441 10470441 DEBiT/CREDIT/ATM INTER 522100 7806320 7806320 71863686 113690 113690 106570 106570 668595 125731 542864 542864 542864 3480858 3858407 -377549 -377549 -377549 1468 1585 -117 -117 NON-MEMBER ATM FEES 522100 150589 150589 MBI 524298 36340 36340 Member Insurance Sales 524298 1129 1129 188058 72437202 71863686 187941 385575 551520 5083813 13599605 1925136 2412950 1353136 171828 138257 1220931 573825 2305156 2037488 1457538 382102 404166 7350888 4565384 352076 Income Taxes 8909 PROVISION FOR LOAN LOSS 5295802 FASB 91 LOAN ORIG AMORT 4585900 CREDIT & COLLECTION 2837068 3691977 62305455 9201613 10823024 70212707 65309475 13352493 7642467 1048658496 1177358084 9015184 11373781 87139173 25146668 65144195 61992505 138177 107700 2526605 5389566 20282181 21145266 1238531651 1361141868 19682539 24386854 1847004 1904802 0 25000000 1119887852 1202762412 1141417395 1254054068 X 0 0 0 0 97114256 107087800 97114256 107087800 1238531651 1361141868 X 10131747 1693 -159896 X 0 0 0 0 1 X 8899444 8899444 55746077 11666073 44080004 22493652 13480595 9013057 61992505 MEMBER DEPOSITS 1202762412 1202762412 Part IV, Line 2b: HAPO MAKES FIRST MORTGAGE HOME LOANS TO ITS MEMBERS AND PROVIDES ESCROW SERVICES FOR THE COLLECTION AND PAYMENT OF HOMEOWNER INSURANCE AND RESIDENTIAL REAL ESTATE TAXES RELATED TO THOSE HOME LOANS. 1 WSU Foundation 2710 Crimson Way Richland WA 99354 911075542 501(c)(3) 10000 MESA Program pledge Tri-Cities Cancer Center Foundation 7350 W Deschutes Kennewick WA 99336 911739024 501(c)(3) 100000 Annual Foundation pledge Kadlec Foundation 888 Swift Blvd Richland WA 99352 237005501 501(c)(3) 13960 Golf Event & Kids-A-Thon City of Pasco PO Box 293 Pasco WA 99301 916001264 City of Pasco 5000 4th of July celebration Tri-City Reg Chamber of Commerce 7130 W Grandridge Blvd Kennewick WA 99336 204120487 501(c)(6) 25000 Cool Desert Nights sponsor Tri-Cities Water Follies Association 621 N GUM ST KENNEWICK WA 99336 916060434 501(c)(4) 300000 Boat Race Sponsor Radio Tri-Cities 4304 W 24TH AVE Kennewick WA 99336 453627805 N/A 20000 Live@5 Concert Series CBC Foundation 2600 N 20th Ave Pasco WA 99301 911307538 501(C)(3) 13000 60th Celebration & General Children's Developmental Center 1549 Georgia Ave Richland WA 99352 910876634 501(C)(3) 5000 Sept. Cuisine Fundraiser City of Richland PO Box 190 Richland WA 99352 916015119 City of Richland 7500 John Dam Plaza Park Stage Townsquare Media PO Box 2485 Pasco WA 99302 271996555 n/a 30000 4th of July Fireworks Tri-Cities Herald 333 W Canal Dr Kennewick WA 99336 940666175 n/a 7560 Crime Stoppers Advertising Yakima 4th of July Committee PO Box 856 Yakima WA 98902 911514194 501(C)(3) 7500 4th of July Celebration Yakima Valley Visitor Convention Bureau 10 N 8th Street yakima WA 98901 910788723 501(c)(6) 7000 Basketball Tournament 6 8 Part I, Line 2: HAPO's CEO and Director of Marketing reviews various sponsorship and charitable organizations who apply for grants. Generally all grantees are within our service area facilitating ease of monitoring. HAPO selects grantee organizations and functions that benefit the communities in which our members and their families live and work. X X X 1 0 X X X X 1 1 0 STEVE ANDERSON President/CEO 463800 0 220305 0 25322 0 206772 0 21542 0 937741 0 0 0 JOHN SCHNELLBACH Sr VP/CFO 372750 0 111825 0 22691 0 206772 0 10136 0 724174 0 0 0 David Schulz Former President/CEO 579700 0 275358 0 29534 0 242922 0 25339 0 1152853 0 0 0 CAROLYN O'NIEL Sr VP/CDO 256250 0 76875 0 22373 0 53134 0 17251 0 425883 0 0 0 SCOTT MITCHELL Sr VP/CRO 277417 0 80850 0 19632 0 98713 0 20529 0 497141 0 0 0 RUBY CAMPOS Sr VP/Operations 236250 0 70875 0 19584 0 7024 0 19863 0 353596 0 0 0 Dolores Broeske Sr VP/HR 192150 0 0 0 19485 0 6336 0 21008 0 238979 0 0 0 Charlie March VP 220182 0 0 0 1631 0 3375 0 20592 0 245780 0 0 0 Paul Pedersen vp 167890 0 0 0 19601 0 5576 0 20702 0 213769 0 0 0 Marcus Hall VP 150000 0 0 0 1309 0 4500 0 19492 0 175301 0 0 0 Sheryl Lueckel Former VP 120000 0 0 0 0 0 0 0 6893 0 126893 0 0 0 Eric Clements Former Director of IS 104296 0 0 0 0 0 0 0 9788 0 114084 0 0 0 Part I, Line 1a Pursuant to HAPO's policies, first-class travel is provided for spouses or significant others of Directors and Executive Management while on Credit Union related travel. Health club dues are provided to Officers of the credit union and such payments are included in compensation. Part I, Line 1b Payment for any and all reimbursable expenses must have sufficient supporting documentation or explanation. Part I, Lines 4a-b Former President/CEO: $234,972 Accrual of 457(f) Participation Former Director of IS: $103,500 Severance Package Former VP: $120,000 Severance Package President/CEO: $198,822 Accrual of 457(f) Participation Senior VP/CFO: $198,822 Accrual of 457(f) Participation Senior VP/CDO: $45,187 Accrual of 457(f) Participation Senior VP/CRO: $91,100 Accrual of 457(f) Participation Form 990, Part VI, Section A, line 6 HAPO is a federally insured credit union, chartered in the state of Washington. The Credit Union follows the membership and governance rules of the Washington State Credit Union Act and the rules and regulations of the NCUA, accordingly. Form 990, Part VI, Section A, line 7a HAPO is a federally insured credit union, chartered in the state of Washington. The Credit Union follows the membership and governance rules of the Washington State Credit Union Act and the rules and regulations of the NCUA, accordingly. Those laws and regulations allow for the membership of the Credit Union to elect the volunteer Board Members from among the membership through a nominating committee. Form 990, Part VI, Section A, line 7b HAPO is a federally insured credit union, chartered in the state of Washington. The Credit Union follows the membership and governance rules of the Washington State Credit Union Act and the rules and regulations of the NCUA, accordingly. Those laws and regulations allow for the membership of the Credit Union to elect the volunteer Board Members from among the membership through a nominating committee. Form 990, Part VI, Section B, line 11 Form 990 is prepared by a public accounting firm based on information provided by the Credit Union's CFO. Form 990 is then reviewed by the CFO. Form 990, Part VI, Section B, line 15a The CEO's compensation is set by the Board of Directors on an annual basis. The Board of Directors employs the services of an independent compensation consultant who uses a variety of methods including compensation surveys of similar positions. The compensation of other key employees is set by the Credit Union's CEO who uses a variety of methods including compensation surveys of similar positions. Form 990, Part VI, Section C, line 19 The Credit Union's governing documents are available to the public in accordance with the Washington State Credit Union Act and the rules and regulations of the NCUA. Form 990, Part XI, line 9: FASB 106 COMPREHENSIVE INCOME 9,684. FASB 158 DB PENSION COMPREHENSIVE INCOME -510,110. Retained Earnings from Merger of Credit Union 340,530. Form 990, Part I, Line 1, Description of Organization Mission: HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH SUPERIOR INTEREST RETURN AND LOW INTEREST RATE LOANS TO ITS MEMBERS, WITHOUT CAPITAL STOCK, ORGANIZED AND OPERATED FOR MUTUAL PURPOSES AND WITHOUT PROFIT. NET EARNINGS ARE RETAINED IN ACCORDANCE WITH THE REGULATORY REQUIREMENTS OF THE NCUA AND STATE LAW. Form 990, Part III, Line 1, Description of Organization Mission: HAPO provides low cost savings vehicles with superior interest return and low interest rate loans to its members, without capital stock, organized and operated for mutual purposes and without profit. Net earnings are retained in accordance with the regulatory requirements of the NCUA and state law.