2015-08-17T15:46:47-05:00 2014-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-01-01 911792217 HAPO COMMUNITY CREDIT UNION HAPO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 JOHN SCHNELLBACH CFO CFO 5099435676 2015-08-10 1 WENDY CAMPOS P00448102 5032421447 2014 2016-03-07 17:11:31Z DAVID SCHULZ 601 WILLIAMS BLVD RICHLAND WA 99354 69921190 0 X WWW.HAPO.ORG X 1953 WA SEE SCHEDULE O 7 7 380 11 181788 77680 0 0 69009370 68965838 67439 -996397 427183 678378 69503992 68647819 427775 594500 0 0 23017190 23986279 0 0 0 35820057 35805921 59265022 60386700 10238970 8261119 1244819667 1238531651 1155669177 1141417395 89150490 97114256 X SEE SCHEDULE O 0 0 HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH REASONABLE INTEREST RETURN AND LOW INTEREST RATE LOANS TO OVER 120,000 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 21486 0 1 380 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 0 X JOHN SCHNELLBACH CFO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 WILLIAM TANNER DIRECTOR 1.00 X 6667 0 0 WILLIAM TYLER DIRECTOR 1.00 X 5000 0 0 KEN BAYS DIRECTOR 1.00 X 6000 0 0 KEN GALE DIRECTOR 1.00 X 5000 0 0 WILLIAM CLARKE DIRECTOR 1.00 X 5000 0 0 KEN HOHENBERG DIRECTOR 1.00 X 5000 0 0 RICHARD CUMMINS DIRECTOR 1.00 X 5000 0 0 DAVID SCHULZ PRESIDENT/CEO 40.00 X 850809 0 265866 STEVE ANDERSON EVP/COO 40.00 X 678039 0 224801 JOHN SCHNELLBACH SR VP/CEO 40.00 X 496958 0 215413 CAROLYN O'NIEL SR VP 40.00 X 325925 0 68852 SCOTT MITCHELL SR VP 40.00 X 358539 0 116742 PAUL PEDERSEN VP 40.00 X 186900 0 25079 RUBY CAMPOS VP 40.00 X 298290 0 24007 DOLORES BROESKE VP 40.00 X 202149 0 24869 ERIC CLEMENTS DIRECTOR OF IS 40.00 X 210028 0 26648 MARCUS HALL VP 40.00 X 160426 0 19624 BILL RAUSCH MANAGER 40.00 X 155405 0 20622 JESSICA GAUDREAULT VP 40.00 X 105680 0 20992 MIKE WALKER VP 40.00 X 101422 0 8062 NIVIE SIZEMORE DIRECTOR OF ACCOUNTING 40.00 X 111523 0 21935 SHERYL LUECKEL FORMER VP 0.00 X 120000 0 6449 4399760 0 1089961 15 1 1 0 MCCURLEY INTEGRITY DEALERSHIPS 1325 AUTOPLEX WAY PASCO WA 99301 AUTO LOAN REFERRALS 528961 FIS PO BOX 4535 CAROL STREAM IL 60197 OFAC CHECKS; FRAUD SERVICES 374208 LEGACY FORD 1225 AUTOPLEX WAY PASCO WA 99301 AUTO LOAN REFERRALS 346158 DURA-SHINE CLEAN PO BOX 2754 PASCO WA 99301 JANITORIAL SERVICES 316942 FISERV PO BOX 99924 GRAPEVINE TX 76099 SOFTWARE SUPPORT SERVICES 292390 29 MEMBER LOAN INTEREST 522100 53029250 53029250 MEMBER FEES & CHARGES 522100 9240335 9240335 DEBIT/CREDIT/ATM INTER 522100 6696253 6696253 68965838 173232 173232 63000 63000 533486 99896 433590 433590 433590 1169629 -1169629 -1169629 -1169629 3502 3846 -344 -344 NON-MEMBER ATM FEES 522100 141888 141888 MBI 524298 38891 38891 MEMBER INSURANCE SALES 524298 1353 1353 182132 68647819 68965838 181788 -499807 594500 4817631 13909867 1564463 2323652 1370666 92975 133378 1164462 631993 2326618 1697505 1431684 338275 310900 7755766 4546297 447161 PROVISION FOR LOAN LOSS 4748292 FASB 91 LOAN ORIG AMORT 4438271 CREDIT & COLLECTION 2525861 DEBIT CARD & ATM COSTS 2301503 914980 60386700 9109399 9201613 44239111 70212707 9344213 13352493 1083097918 1048658496 9609435 9015184 86220461 21076266 69645441 65144195 177735 138177 2526605 19596415 20282181 1244819667 1238531651 19538051 19682539 1882028 1847004 50000000 0 1084249098 1119887852 1155669177 1141417395 X 0 0 0 0 89150490 97114256 89150490 97114256 1244819667 1238531651 X 8261119 1635 -298988 X 0 0 0 0 1 X 12913113 12913113 52885389 9740954 43144435 20421959 11335312 9086647 65144195 MEMBER DEPOSITS 1119887852 1119887852 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 TRI-CITIES CANCER CENTER FOUNDATION 7350 W DESCHUTES KENNEWICK WA 99336 911739024 501(C)(3) 10000 AUTUMN AFFAIR SPONSOR YAKIMA 4TH OF JULY COMMITTEE PO BOX 856 YAKIMA WA 98902 911514194 501(C)(3) 7500 4TH OF JULY CELEBRATION KADLEC FOUNDATION 888 SWIFT BLVD RICHLAND WA 99352 237005501 501(C)(3) 40000 ANNUAL PLEDGE KADLEC FOUNDATION 888 SWIFT BLVD RICHLAND WA 99352 237005501 501(C)(3) 15000 KADLEC EVENT SPONSOR YAKIMA VALLEY VISITOR & CONVENTION BUREAU 10 N 8TH ST YAKIMA WA 98901 910788723 501(C)(6) 7000 EVENT SPONSOR CITY OF PASCO PO BOX 293 PASCO WA 99301 916001264 N/A 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-CITY REG CHAMBER OF COMMERCE 7130 W GRANDRIDGE BLVD KENNEWICK WA 99336 204120487 501(C)(6) 30000 4TH OF JULY CELEBRATION TRI-CITIES WATER FOLLIES ASSOCIATION 621 N GUM ST KENNEWICK WA 99336 916060434 501(C)(4) 250000 BOAT RACE SPONSOR TRI-CITIES WATER FOLLIES ASSOCIATION 621 N GUM ST KENNEWICK WA 99337 916060434 501(C)(4) 50000 AIR SHOW SPONSOR RADIO TRI-CITIES 4304 W 24TH AVE KENNEWICK WA 99336 453627805 N/A 20000 LIVE@5 SPONSOR TULIP CREDIT UNION PO BOX 1243 OLYMPIA WA 98507 421607163 501(C)(14) 5000 CAPITAL DONATION CBC FOUNDATION 2600 N 20TH AVE PASCO WA 99301 911307538 501(C)(3) 20000 GENERAL DONATION 6 5 X X X 1 1 X X X 1 1 0 DAVID SCHULZ PRESIDENT/CEO 578842 0 243209 0 28758 0 241704 0 24162 0 1116675 0 0 0 STEVE ANDERSON EVP/COO 462733 0 190617 0 24689 0 205718 0 19083 0 902840 0 0 0 JOHN SCHNELLBACH SR VP/CEO 372010 0 102773 0 22175 0 205718 0 9695 0 712371 0 0 0 CAROLYN O'NIEL SR VP 255989 0 48250 0 21686 0 52781 0 16071 0 394777 0 0 0 SCOTT MITCHELL SR VP 268479 0 70928 0 19132 0 97376 0 19366 0 475281 0 0 0 PAUL PEDERSEN VP 167686 0 0 0 19214 0 5556 0 19523 0 211979 0 0 0 RUBY CAMPOS VP 235781 0 43425 0 19084 0 6699 0 17308 0 322297 0 0 0 DOLORES BROESKE VP 167667 0 15440 0 19042 0 5555 0 19314 0 227018 0 0 0 ERIC CLEMENTS DIRECTOR OF IS 202356 0 0 0 7672 0 6071 0 20577 0 236676 0 0 0 MARCUS HALL VP 159116 0 0 0 1310 0 4773 0 14851 0 180050 0 0 0 BILL RAUSCH MANAGER 148077 0 0 0 7328 0 4365 0 16257 0 176027 0 0 0 SHERYL LUECKEL FORMER VP 0 0 0 0 120000 0 0 0 6449 0 126449 0 120000 0 PART I, LINE 1A PURSUANT TO HAPO'S POLICIES, TRAVEL IS PROVIDED FOR SPOUSES OR SIGNIFICANT OTHERS OF DIRECTORS AND EXECUTIVE MANAGEMENT WHILE ON CREDIT UNION RELATED TRAVEL. PART I, LINE 1B PAYMENT FOR ANY AND ALL REIMBURSABLE EXPENSES MUST HAVE SUFFICIENT SUPPORTING DOCUMENTATION OR EXPLANATION. PART I, LINES 4A-B HAPO HAD ONE FORMER KEY EMPLOYEE THAT RECEIVED REPORTABLE COMPENSATION TOTALING $120,000 RELATED TO A SEVERANCE AGREEMENT. FORM 990, PART 1, 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. FOR 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. 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 100,458. FASB 158 DB PENSION COMPREHENSIVE INCOME -399,446.