2015-05-28T18:19:28-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2014-01-01 910639210 O BEE CREDIT UNION CRED 3609430740 3900 CLEVELAND AVE SE TUMWATER WA 985014023 DANIEL HILDRETH VP OF FINANCE 3609430740 2015-05-12 1 JANIS ISAACSON P00089104 6022662248 2014 2016-02-25 16:41:14Z JAMES COLLINS 3900 CLEVELAND AVE SE TUMWATER WA 985014023 11911988 0 X WWW.OBEE.COM X 1955 WA CREDIT UNION IN THE STATE OF WASHINGTON. 9 9 88 14 42084 -97992 0 0 10488130 11858455 -144127 -106777 0 0 10344003 11751678 18000 18000 0 0 3675479 3878224 0 0 0 5285058 6802785 8978537 10699009 1365466 1052669 178635973 195729552 163546902 179587807 15089071 16141745 CREDIT UNION PROVIDING FINANCIAL SERVICES TO MEMBERS. 0 0 THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER LOANS, SHARE CERTIFICATES AND OTHER EXEMPT FUNCTION ACTIVITIES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 6823 0 1 88 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 WA X DANIEL HILDRETH 3605707924 3900 CLEVELAND AVE SE TUMWATER WA 98501 MIRIAM BAUSCH BOARD MEMBER 4.00 X 0 0 0 CAROLYN CARUSO BOARD MEMBER 4.00 X 0 0 0 JERRY MURPHY BOARD MEMBER 4.00 X 0 0 0 STEVE BLANKENSHIP BOARD MEMBER - CHAIR 4.00 X 0 0 0 PHILLIP WAYT BOARD MEMBER 4.00 X 0 0 0 CLIFFORD CLARK BOARD MEMBER 4.00 X 0 0 0 WILFORD SAUNDERS BOARD MEMBER 4.00 X 0 0 0 PRABAKARAN MANOHARAN BOARD MEMBER 4.00 X 0 0 0 MARTHA PRESTIN SUPERVISORY COMMITTEE 4.00 X 0 0 0 SONJA WINKELMAN SUPERVISORY COMMITTEE 4.00 X 0 0 0 BRUCE CRAMER SUPERVISORY COMMITTEE 4.00 X 0 0 0 TINA CRARY SUPERVISORY COMMITTEE 4.00 X 0 0 0 CHRISTY KRIEGSMAN ASSOCIATE DIRECTOR 4.00 X 0 0 0 JOSEPH MASON BOARD MEMBER 4.00 X 0 0 0 JENNIFER ROBERTS COO 40.00 X 76095 0 15126 JAMES COLLINS CEO 40.00 X 177306 0 46807 DAVID LITTLETON FINANCIAL ADVISOR 40.00 X 136557 0 24301 LEE WOJNAR VP MARKETING 40.00 X 104748 0 28003 DAVID ECHTLE CLO 40.00 X 95675 0 26342 SHELLEY BURTON VP OF ACCOUNTING 40.00 X 73042 0 12410 MELANIE RANSOM VP OF HR 40.00 X 82099 0 23887 745522 0 176876 3 0 1 0 FIS 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204 CARD PROCESSOR 322996 JACK HENRY AND ASSOCIATES 663 W HIGHWAY 60 MONETT MO 65708 DATA PROCESSING 278488 GROUP HEALTH OPTIONS INC PO BOX 34988 SEATTLE WA 98124 EMPLOYEE AND MEDICAL INSURANCE PROVIDER 272579 COOK SECURITY GROUP 5841 SE INTERNATIONAL WAY MILWAUKIE OR 97222 MAINTENANCE AND SUPPORT FOR ATMS, MISC D 118646 CAPITAL VILLAGE ASSOCIATES CO OVERLAKE 11225 ST 6TH ST STE 220 BELLEVUE WA 98004 LANDLORD 103046 5 LOAN INTEREST AND FEES 522100 11816371 11816371 UNRELATED BUSINESS INCOME 522100 42084 42084 11858455 52425 1108 0 160310 52425 -159202 -106777 -106777 11751678 11709594 42084 0 18000 922398 1653788 254171 765987 281880 9577 43093 327363 336133 638299 16750 799882 592845 OPERATING EXPENSES 3091893 PROVISION FOR LOAN LOSS 946950 10699009 3133515 3927737 11628248 7706650 154835459 174774050 332154 659174 9474782 3843966 5970818 5630816 594239 703586 2141540 2327539 178635973 195729552 1190580 1403255 6887401 9226686 155468921 168957866 163546902 179587807 X 0 0 0 0 15089071 16141745 15089071 16141745 178635973 195729552 X 1052669 5 X X 0 1 X 1 0 1058125 1058125 5052165 1799919 3252246 3364492 2044047 1320445 5630816 MEMBER SHARE AND DEPOSIT ACCOUNTS 168957866 168957866 1 SCHOLARSHIP 6 18000 CASH PART I, LINE 2: THE ORGANIZATION PAYS SCHOLARSHIP DOLLARS DIRECTLY TO THE SCHOOL. X 1 1 X X 0 0 0 JAMES COLLINS CEO 151898 0 25408 0 0 0 37937 0 8870 0 224113 0 0 0 DAVID LITTLETON FINANCIAL ADVISOR 62314 0 74243 0 0 0 15431 0 8870 0 160858 0 0 0 LEE WOJNAR VP OF MARKETING 1ST MORTGAGE, AUTO, CREDIT CARD, HELOC X 358046 223864 0 1 1 MELANIE RANSOM VP OF HR CREDIT CARD, HOME EQUITY, HELOC X 97393 41268 0 1 1 JAMES COLLINS CEO 1ST MORTGAGE, AUTO, CREDIT CARD, HELOC X 313351 181734 0 1 1 DAVID LITTLETON FINANCIAL ADVISOR CREDIT CARD X 1000 201 0 1 1 DAVID ECHTLE CHIEF LENDING OFFICER CREDIT CARD, HELOC X 243250 204141 0 1 1 JENNIFER ROBERTS CHIEF OPERATIONS OFFICER CREDIT CARD X 12000 7966 0 1 1 659174 FORM 990, PART VI, SECTION A, LINE 6 AN INDIVIDUAL IS CONSIDERED A MEMBER IF THEY HOLD A SHARE WITH THE CREDIT UNION. THE CREDIT UNION HAD 21,142 MEMBERS AS OF 12/31/2014. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE A VOTE IN ELECTING THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 AT A BOARD MEETING, THE RETURN IS SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES MUST ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY IN WRITING. IF THERE ARE ANY CHANGES TO THE PERSON'S EMPLOYMENT OR EXTRA-CURRICULAR ACTIVITIES, THEY ARE REQUIRED TO REPORT THAT TO HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS WITH THE ASSISTANCE OF AN OUTSIDE CONSULTANT AND INDUSTRY SALARY DATA. OTHER OFFICERS OR KEY EMPLOYEES SALARIES ARE DETERMINED BY CEO AND VP OF HR USING INDUSTRY SALARY DATA. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. QUARTERLY FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE 5300 CALL REPORT. FORM 990, PART XI, LINE 9: ROUNDING ADJUSTMENT 5. FORM 990, PART XII, QUESTION 2B: THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT FOR THE FISCAL YEAR ENDED MARCH 31, 2014. THE ORGANIZATION DID NOT OBTAIN AUDITED FINANCIAL STATEMENTS FOR THE TAX YEAR. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS DURING THE TAX YEAR.