2013-11-15T16:16:15-06:00 2012-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2012-01-01 910576399 IQ CREDIT UNION IQCR 3606953441 1313 MAIN STREET VANCOUVER WA 98660 DEWAYNE LEDBETTER 3606953441 2013-11-14 1 WENDY CAMPOS P00448102 5032421447 2012 2016-03-07 17:11:31Z ROGER MICHAELIS 1313 MAIN STREET VANCOUVER WA 98660 27491974 0 X WWW.IQCU.COM X 1940 WA TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 9 9 236 30 1079842 139057 0 0 24450982 24208362 1734052 1672805 -145307 -115837 26039727 25765330 94133 105524 0 0 9244677 9834303 0 0 0 13822980 11107155 23161790 21046982 2877937 4718348 451327410 483777067 418136707 446576257 33190703 37200810 TO PROVIDE A FULL COMPLEMENT OF QUALITY FINANCIAL SERVICES IN A CONVENIENT, EFFICIENT, FRIENDLY, SECURE AND PROFITABLE MANNER WHICH MEETS THE NEED OF THE MEMBERSHIP. 0 0 PROVIDE FINANCIAL SERVICES TO 48,448 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/ UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 11988 0 1 236 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 0 1 1 0 X DEWAYNE LEDBETTER 3607593018 1313 MAIN STREET VANCOUVER WA 98660 DR JAMES SORK 4.00 X X 0 0 0 DOUG LEHRMAN 3.00 X X 0 0 0 SCOTT BIEBER 2.00 X X 0 0 0 SHARON EASTMAN 3.00 X X 0 0 0 ED MAXWELL 3.00 X X 0 0 0 EVIE GRENDAHL 2.00 X 0 0 0 STEVE PORTER 2.00 X 0 0 0 DON KETTERMAN 2.00 X 0 0 0 BILL HOGAN 2.00 X 0 0 0 JIL CLICK 3.00 X 0 0 0 ROGER MICHAELIS 40.00 X 1007511 0 23630 DEWAYNE LEDBETTER 40.00 X 139178 0 9207 RANDY SWANSON 40.00 X 204281 0 7201 ED TURK 40.00 X 153042 0 9058 JON DAVIS 40.00 X 120840 0 7926 CHRIS O'MALLEY 40.00 X 120461 0 8079 DANETTE LACHAPELLE 40.00 X 117318 0 8940 1862631 0 74041 9 0 1 0 INFO IMAGE 141 JEFFERSON DR MENLO PARK CA 94025 MEMBER STATEMENTS 270296 JACK HENRY & ASSOCIATES INC 663 W HIGHWAY 60 MONETT MO 65708 SOFTWARE MAINTENANCE AGREEMENTS 219862 FARLEIGH WADA WITT 121 SW MORRISON SUITE 600 PORTLAND OR 97204 LEGAL SERVICES 176817 FIRST AMERICAN TITLE 1014 MAIN ST VANCOUVER WA 98660 APPRAISAL SERVICES 143765 4 LOAN INTEREST 522100 14760668 14760668 FEE INCOME 522100 4800508 4800508 OTHER OPERATING INCOME 522100 4647186 3567344 1079842 24208362 1492908 1492908 22805 0 22805 22805 22805 1906541 1726644 179897 179897 179897 OTHER INCOME/LOSS 522100 -138642 -138642 -138642 25765330 23012683 1079842 1672805 101024 4500 1179525 6763073 483604 733107 674994 117995 157725 616597 445551 577859 1089131 26318 191484 1496454 1325104 570418 ATM EXPENSES 1373521 LOAN SERVICING 1204059 LOAN LOSS PROVISION 860480 TAXES ON UBIT 81871 972588 21046982 1978857 2152451 36564842 44935201 265159420 267474758 527645 497314 30236973 12709252 17873790 17527721 104928281 126061931 3169622 3302662 21124953 21825029 451327410 483777067 4348338 3793432 168646 210430 413619723 442572395 418136707 446576257 X 0 0 0 0 33190703 37200810 33190703 37200810 451327410 483777067 X 4718348 -73381 -634860 X 0 0 0 0 1 X 3231279 3231279 12927443 2118184 10809259 5794751 4260040 1534711 6777236 4894250 1882986 1506264 1436778 69486 17527721 SHARES/DEPOSITS 442572395 442572395 PART IV, LINE 2B: THE ESCROW ACCOUNT LIABILITY SHOWN ON FORM 990, PART X, LINE 21 IS FOR PROPERTY TAXES AND INSURANCE RELATING TO MEMBER MORTGAGES. 1 OREGON FOOD BANK PO BOX 55730 PORTLAND OR 97238 930785786 501(C)(3) 20000 WATERFRONT BLUES FEST SPONSOR - ELIMINATE HUNGER AND ITS CAUSES BRAVO VANCOUVER PO BOX 118 VANCOUVER WA 98666 911944790 501(C)(3) 15000 VANCOUVER WINE & JAZZ FEST SPONSOR - PROMOTE APPRECIATION OF JAZZ TRADITIONS CHILDREN'S MIRACLE NETWORK 4525 SOUTH 2300 EAST SALT LAKE CITY UT 84117 870387205 501(C)(3) 10000 HANK & MOOSE OPEN SPONSOR - RAISE FUNDS AND AWARENESS FOR CHILDREN'S HOSPITALS VANCOUVER SCHOOL DISTRICT FOUNDATION PO BOX 6039 VANCOUVER WA 98668 910971800 501(C)(3) 5200 VSD NEW TEACHER ORIENTATION 4 0 SCHOLARSHIPS 9 4500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP APPLICANTS SUBMIT AN APPLICATION, AND RECIPIENTS ARE DETERMINED BY A NUMBER OF FACTORS INCLUDING ESSAYS, GRADES AND LETTERS OF RECOMMENDATION, WHICH ARE ALL SCORED. THE HIGHEST-RATED INDIVIDUALS ARE AWARDED SCHOLARSHIPS. X X X 1 1 X X X X 0 1 0 ROGER MICHAELIS 249673 0 63250 0 694588 0 0 0 23630 0 1031141 0 0 0 RANDY SWANSON 44658 0 159623 0 0 0 842 0 6359 0 211482 0 0 0 ED TURK 138229 0 14813 0 0 0 3063 0 5995 0 162100 0 0 0 PART I, LINE 1A THESE BENEFITS ARE PROVIDED TO THE CEO AS PART OF HIS EMPLOYMENT AGREEMENT. PART I, LINE 4B ROGER MICHAELIS, ED TURK, DEWAYNE LEDBETTER AND DANETTE LACHAPELLE PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. IN 2012, ROGER MICHAELIS HAD A PAYMENT OF $673,118, WHICH HAS BEEN INCLUDED AS OTHER REPORTABLE COMPENSATION IN PART II. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AND REGULATORS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CONFLICT OF INTEREST POLICY, AND EMPLOYEES AND VOLUNTEERS (BOARD MEMBERS) ANNUALLLY ACKNOWLEDGE THEY COMPLY WITH ALL CREDIT UNION POLICIES. THE CONFLICT OF INTEREST POLICY OUTLINES STEPS TAKEN BY OFFICIALS WHEN A CONFLICT ARISES, WHICH INCLUDE THE CONFLICTED PARTY ABSTAINING FROM A RELATED VOTING ITEM. EMPLOYEES ARE NOT ALLOWED TO RECEIVE A PERSONAL BENEFIT FROM ANY TRANSACTION WITH A VENDOR, CUSTOMER OR SUPPLIER DOING BUSINESS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 CEO SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND COMMITTEE MINUTES ARE KEPT. TOP MANAGEMENT SALARY IS DETERMINED BY THE CEO USING A THIRD PARTY VENDOR FOR COMPARABILITY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME (LOSS) -634,860. IQ FOR KIDS PO BOX 1739 VANCOUVER WA 98668 203988310 FUNDRAISING TO SUPPORT CHILDREN'S CHARITIES WA 501(C)(3) 509(A)(1) IQ CREDIT UNION 1 CLARK FINANCIAL SERVICES INC PO BOX 1846 VANCOUVER WA 98668 911253818 SERVICE ORG PROVIDING INSURANCE PRODUCTS TO CREDIT UNION MEMBERS WA IQ CREDIT UNION C -96609 777359 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0