2015-05-13T13:53:15-05:00 2014-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-01-01 910617775 COLUMBIA COMMUNITY CREDIT UNION COLU 3608914000 PO BOX 324 VANCOUVER WA 98666 STEPHON KENNY PRESIDENT/CEO 3608914000 2015-05-11 1 WENDY CAMPOS P00448102 5032421447 2014 2016-02-25 16:41:14Z STEPHON KENNY PO BOX 324 VANCOUVER WA 98666 63450597 0 X WWW.COLUMBIACU.ORG X 1952 WA A STRONG, MEMBER FINANCIAL COOPERATIVE PROVIDING VALUE THROUGH: MEETING MEMBERS' NEEDS WITH QUALITY SERVICES AND PRODUCTS; CARING FOR MEMBERS AT EVERY CONTACT; AND ENHANCING THE COMMUNITIES WE SERVE THROUGH VOLUNTEERISM AND LEADERSHIP. 9 9 326 14 1087348 0 0 0 45475277 46142391 3660328 2747784 0 0 49135605 48890175 319778 346513 0 0 15099021 17567331 0 0 0 16949687 18999028 32368486 36912872 16767119 11977303 943402960 1022924338 836169899 901188349 107233061 121735989 A STRONG, MEMBER FINANCIAL COOPERATIVE PROVIDING VALUE THROUGH: MEETING MEMBERS' NEEDS WITH QUALITY SERVICES AND PRODUCTS; CARING FOR MEMBERS AT EVERY CONTACT; AND ENHANCING THE COMMUNITIES WE SERVE THROUGH VOLUNTEERISM AND LEADERSHIP. 0 0 COLUMBIA COMMUNITY CREDIT UNION IS A WASHINGTON STATE-CHARTERED CREDIT UNION REGULATED BY THE DIVISION OF CREDIT UNIONS, A DIVISION WITH THE WASHINGTON STATE DEPARTMENT OF FINANCIAL INSTITUTIONS. MEMBERS' SHARES AND DEPOSITS ARE INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION. THE MAIN PURPOSE OF THE CREDIT UNION IS TO BUY AND SELL MONEY TO ITS MEMBERS THROUGH PRODUCTS SUCH AS LOAN AND DEPOSIT ACCOUNTS. THE CREDIT UNION ALSO MAINTAINS AN INVESTMENT PORTFOLIO. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17241 0 1 326 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PENNY HARRIS 3606193300 200 SE PARK PLAZA DRIVE VANCOUVER WA 98684 AL SCHAUER CHAIR 2.50 X X 0 0 0 LARRY PAULSON VICE CHAIR 2.50 X X 0 0 0 PAUL MONTAGUE III TREASURER 2.50 X X 0 0 0 ROY JOHNSON SECRETARY 2.50 X X 0 0 0 PATRICIA STRYKER DIRECTOR 2.50 X 0 0 0 JUDITH CHIPMAN DIRECTOR 2.50 X 0 0 0 DEAN SUTHERLAND DIRECTOR 2.50 X 0 0 0 ALISHIA TOPPER DIRECTOR 2.50 X 0 0 0 LYNN VALENTER INTERIM DIRECTOR 2.50 X 0 0 0 STEVE KENNY PRESIDENT/CEO 40.00 X 791198 0 103803 RON DOBYNS SVP CFO 40.00 X 224354 0 18233 BILL FULK EXECUTIVE VP/COO 40.00 X 266173 0 74349 COLLEEN BOCCIA SVP CHIEF DEPOSIT OFFICER/MARKETING 40.00 X 200508 0 23934 MICHAEL FLOREA SVP SYSTEMS INTREGRATION OFFICER 40.00 X 179584 0 30696 CAROL MCCAULLEY SVP HR DEVELOPMENT/LEGAL COUNSEL 40.00 X 180871 0 17283 HOLLY MECALIS INDIRECT LOAN SALES MANAGER 40.00 X 183285 0 19904 RON ENTENMAN REGISTERED REP 40.00 X 138171 0 16068 LINDSEY SALVESTIN SVP SERVICE DELIVERY/PROJECT MGMT 40.00 X 140850 0 28102 2304994 0 332372 22 0 1 0 DIGITAL INSIGHT CORPORATION 1300 SEAPORT BLVD STE 300 REDWOOD CITY CA 94063 PC BANKING/E STATEMENTS 1542865 KAYE SMITH 4101 OAKESDALE AVE SW RENTON WA 98057 STATEMENT PROCESSING 485891 VISA USA INC 780 3RD AVE 12 NEW YORK NY 10017 SERVICE FEES 401768 PARTNERS ON DEMAND INC 13955 SW MILLIKAN WAY 100 BEAVERTON OR 970052886 MARKETING DIRECT MAILINGS 300427 CLEAN WORLD MAINTENANCE INC 19312 NE 58TH ST VANCOUVER WA 98682 JANITORIAL SERVICES 267392 17 INTEREST ON LOANS 522100 31760341 31760341 ATM INCOME 522100 5012715 4927644 85071 FEES AND SERVICE CHARGES 522100 4332566 4332566 SALE OF LOANS HELD-FOR-SALE 522100 2778176 2778176 OTHER NON-INTEREST INCOME 522100 2258593 1256316 1002277 46142391 2738462 2738462 11644865 2924879 11667343 2893079 -22478 31800 9322 31800 -22478 48890175 45086843 1087348 2715984 346513 2110984 12108359 475342 1672092 1200554 340164 165960 879003 1631262 1974286 5256146 1494095 26719 584017 1263854 1891339 361523 SERVICE FEES 2466176 OREO OPERATING EXPENSE 382030 DUES AND SUBSCRIPTIONS 104914 PROVISION FOR LOAN LOSS -111674 289214 36912872 44067898 74124730 374671 227827 675396045 733334180 851395 1325013 52250933 23538743 25643833 28712190 176965583 168027003 2695200 2690500 17408335 14482895 943402960 1022924338 11334261 13512291 16502 4072 824819136 887671986 836169899 901188349 X 0 0 0 0 107233061 121735989 107233061 121735989 943402960 1022924338 11977303 2525625 0 X 0 1 X 1 0 9174 0 9174 9174 1 NORTHWEST CREDIT UNION ASSOCIATION PAC 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 910460483 9174 PART I-A, LINE 1: THE CREDIT UNION HAS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY THROUGH CONTRIBUTIONS TO OTHER ORGANIZATIONS. 0 1 X 321752 6073490 6395242 22653097 6951888 15701209 3121239 3041276 79963 16118520 13545579 2572941 3962835 3962835 28712190 MEMBERS' SHARES 887671986 887671986 X 48880853 0 48880853 9322 9322 48890175 36903550 -9322 -9322 36912872 0 36912872 PART IV, LINE 2B: ESCROW ACCOUNTS FOR MEMBER REAL ESTATE LOANS TO PAY REAL ESTATE TAXES. PART X, LINE 2: THE CREDIT UNION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS, IF ANY, ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CREDIT UNION RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS AN ADMINISTRATIVE EXPENSE. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2014 OR 2013. DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSETS REPORTED AS EXPENSE ON FS 9,322. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSETS REPORTED AS EXPENSE ON FS -9,322. 1 YWCA OF CLARK COUNTY 3609 MAIN ST VANCOUVER WA 98663 910569882 501(C)(3) 15156 ANNUAL LUNCHEON CONTRIBUTION, CLASSIC WINE EVENT TO FUND PROGRAMS COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL 805 BROADWAY STE 412 VANCOUVER WA 98660 911186305 501(C)(4) 13400 ANNUAL PLEDGE TO BRING BUSINESS IMPROVEMENTS TO COMMUNITY FOUNDATION FOR VANCOUVER PUBLIC SCHOOLS 2901 FALK RD VANCOUVER WA 98661 910971800 501(C)(3) 15000 SUPPORT FOR EDUCATIONAL PROGRAMS AND SPONSORSHIPS PEACEHEALTH SOUTHWEST WASHINGTON MEDICAL CENTER FOUNDATION PO BOX 1600 VANCOUVER WA 98668 911231436 501(C)(3) 15500 SUPPORT FOR HEALTH CARE PROGRAMS IN COMMUNITY IDENTITY CLARK COUNTY 703 BROADWAY STE 610 VANCOUVER WA 98660 911623724 501(C)(3) 7500 SUPPORT FOR COMMUNITY DEVELOPMENT AND IMPROVEMENTS FORT VANCOUVER REGIONAL LIBRARY FOUNDATION PO BOX 2384 VANCOUVER WA 98668 911456753 501(C)(3) 15000 ANNUAL AUCTION CONTRIBUTION TO FUND LIBRARY PROGRAMS LOAVES AND FISHES CENTERS PO BOX 19477 PORTLAND OR 97280 930584318 501(C)(3) 15000 SUPPORT SENIOR CITIZEN MEALS ON WHEELS COLUMBIA SPRINGS 12208 SE EVERGREEN HWY VANCOUVER WA 98683 912127405 501(C)(3) 10800 ENVIRONMENTAL EDUCATION WASHINGTON STATE UNIVERSITY FOUNDATION PO BOX 641925 PULLMAN WA 99164 916001108 501(C)(3) 12000 ANNUAL PLEDGE WSU VANCOUVER ENGINEERING DEVELOPMENT FUND SHARE PO BOX 1209 VANCOUVER WA 98666 911205119 501(C)(3) 7050 SERVING THE HUNGRY AND HOMELESS IN CLARK COUNTY BOYS AND GIRLS CLUB OF SOUTHWEST WASHINGTON 409 NE ANDERSON RD VANCOUVER WA 98665 911978646 501(C)(3) 5000 PROVIDE YOUNG PEOPLE SERVICES DESIGNED TO BUILD CHARACTER & LIFE SKILLS FORT VANCOUVER NATIONAL TRUST 750 ANDERSON ST VANCOUVER WA 98661 911937645 501(C)(3) 26500 ADVANCE PRESERVATION AND EDUCATION OF FORT VANCOUVER NATIONAL SITE CREDIT UNION FOR KIDS PO BOX 1739 VANCOUVER WA 98668 203988310 501(C)(3) 5500 HELPING CHILDREN AT DOERNBECHER CHILDREN'S HOSPITAL CLARK COUNTY PO BOX 9808 VANCOUVER WA 98666 916001299 GOVERNMENT 10000 SUSTAINABLE INITIATIVES AT RECYCLED ARTS FESTIVAL NON PROFIT NETWORK PO BOX 822379 VANCOUVER WA 98682 261396970 501(C)(3) 5000 ASSISTING ALL LOCAL NON-PROFITS INNOVATIVE SERVICES NW 9414 NE FOURTH PLAIN RD VANCOUVER WA 98662 910782136 501(C)(3) 10800 PROVIDE SERVICES FOR INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES CLARK COLLEGE FOUNDATION 1933 FORT VANCOUVER WAY VANCOUVER WA 98663 237315006 501(C)(3) 21667 EDUCATION IN NEEDED FIELD SALMON CREEK LEGACY HOSPITAL FOUNDATION PO BOX 5245 VANCOUVER WA 98668 830433165 501(C)(3) 5000 SERVICES FOR VICTIMS OF CHILD ABUSE COMMUNITY HOUSING RESOURCE CENTER 103 E 29TH STREET VANCOUVER WA 98663 911641351 501(C)(3) 5000 FINANCIAL EDUCATION BUILDING INDUSTRY OF CLARK COUNTY 103 E 29TH STREET VANCOUVER WA 98663 910906923 501(C)(3) 5000 LOCAL ECONOMY SUPPORT & EDUCATION CLARK PUBLIC UTILITIES PO BOX 8900 VANCOUVER WA 98663 916001052 5000 ENERGY EFFICIENCY EDUCATION KIWANAS CLUB OF SALMON CREEK 5801 OKLAHOMA DRIVE VANCOUVER WA 98661 911864972 501(C)(4) 5000 ASSIST IN SUPPORTING YOUTH ORGANIZATIONS UNITED WAY COLUMBIA-WILLAMETTE 619 SW 11TH AVE STE 300 PORTLAND OR 97205 930582124 501(C)(3) 5000 ENDING CHILDHOOD PROVERTY 20 3 PART I, LINE 2: WHEN MONEY IS DONATED, AN INTERNAL COMMITTEE ENSURES IT GOES TOWARD THE NON-PROFIT IT WAS INTENDED FOR AND REQUESTS A FOLLOW UP FROM THE NON-PROFIT ON HOW IT WAS USED AND WHO BENEFITED. X 1 1 X X X X X X 0 1 0 STEVE KENNY PRESIDENT/CEO 350000 0 71250 0 369948 0 89120 0 14683 0 895001 0 0 0 RON DOBYNS SVP CFO 186540 0 33012 0 4802 0 8817 0 9416 0 242587 0 0 0 BILL FULK EXECUTIVE VP/COO 220480 0 38504 0 7189 0 53579 0 20770 0 340522 0 0 0 COLLEEN BOCCIA SVP CHIEF DEPOSIT OFFICER/MARKETING 162965 0 30461 0 7082 0 10578 0 13356 0 224442 0 0 0 MICHAEL FLOREA SVP SYSTEMS INTREGRATION OFFICER 145000 0 27000 0 7584 0 10365 0 20331 0 210280 0 0 0 CAROL MCCAULLEY SVP HR DEVELOPMENT/LEGAL COUNSEL 150024 0 25335 0 5512 0 3507 0 13776 0 198154 0 0 0 HOLLY MECALIS INDIRECT LOAN SALES MANAGER 185003 0 0 0 -1718 0 11100 0 8804 0 203189 0 0 0 RON ENTENMAN REGISTERED REP 146282 0 0 0 -8111 0 9029 0 7039 0 154239 0 0 0 LINDSEY SALVESTIN SVP SERVICE DELIVERY/PROJECT MGMT 120000 0 21055 0 -205 0 8463 0 19639 0 168952 0 0 0 PART I, LINE 1A THE PRESIDENT'S EMPLOYMENT AGREEMENT ALLOWS FOR THE COST OF SPOUSE TRAVEL FOR 3 CONFERENCES A YEAR. BOARD POLICY ALLOWS FOR SPOUSE/DOMESTIC PARTNER ALLOWANCE OF $599 ANNUALLY WHILE ACCOMPANYING A VOLUNTEER ON CREDIT UNION-RELATED TRAINING. PART I, LINE 4B TWO MEMBERS OF SENIOR MANAGEMENT PARTICIPATE IN A 457(F) DEFERRED COMPENSATION AGREEMENT. FORM 990, PART VI, SECTION A, LINE 6 CREDIT UNION MEMBERS OWN A SHARE ACCOUNT (SAVINGS ACCOUNT), WHICH ENTITLES THEM TO ONE VOTE IN ANNUAL BOARD ELECTIONS AND OTHER CORPORATE MATTERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ENTITLED TO ONE VOTE IN ANNUAL ELECTIONS FOR NEW DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS SENT TO ALL BOARD MEMBERS BEFORE FILING. THE CFO, CEO AND CONTROLLER REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF ARE PRESENTED WITH THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO SUBMIT A SIGNED CONFIRMATION TO HUMAN RESOURCES THAT THEY HAVE READ THE POLICY. EMPLOYEES ALSO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE WHICH REQUIRES THE DISCLOSURE OF ANY POTENTIAL CONFLICTS. MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO REQUIRED TO SIGN CONFIRMING THEY HAVE REVIEWED THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DEPARTMENT COMPILED INFORMATION FROM PROFESSIONAL INDEPENDENT SALARY SURVEYS (BALANCED COMP AND PAYSCALE). THIS INFORMATION WAS USED TO EVALUATE AND ESTABLISH COMPENSATION RATES WITHIN COMMUNITY, INDUSTRY, AND ASSET SIZE NORMS. BASED ON THESE STUDIES, THE CEO REVIEWS AND SETS THE COMPENSATION RATES OF SENIOR MANAGEMENT. THE BOARD OF DIRECTORS INDEPENDENTLY REVIEWED MARKET NORMS AND DETERMINED THE CEO'S COMPENSATION AND BENEFIT PACKAGE. A REVIEW BY HUMAN RESOURCES, USING THE CUSTOMARY SALARY SURVEY STUDIES, CONFIRMED THAT THE CEO'S COMPENSATION RATE WAS WELL WITHIN THE COMPENSATION NORMS FOR SIMILAR POSITIONS WITHIN THE INDUSTRY, COMMUNITY, AND ASSET SIZE. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE POSTED ON THE CREDIT UNION'S WEBSITE AND INCLUDE THE CONFLICT OF INTEREST POLICY IN ARTICLE XIII; FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. COLUMBIA COMMUNITY CORPORATION PO BOX 324 VANCOUVER WA 98666 910617775 INACTIVE - USED TO BE WEALTH MANAGEMENT FUNCTION; COMBINED INTO CU IN 2004 WA 0 5000 COLUMBIA COMMUNITY CREDIT UNION BATTLE GROUND PROPERTIES LLC PO BOX 324 VANCOUVER WA 98666 HOLDS OREO PROPERTIES IN WASHINGTON WA -10134 328500 COLUMBIA COMMUNITY CREDIT UNION COLUMBIA HOLMAN STREET PROPERTIES LLC PO BOX 324 VANCOUVER WA 98666 HOLDS OREO PROPERTIES IN OREGON OR -55160 0 COLUMBIA COMMUNITY CREDIT UNION