2013-05-10T13:14:06-05:00 2012-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2012-01-01 910176216 CREDIT UNIONS IN THE STATE OF WASHINGTON TAPCO CREDIT UNION CRED 2536203241 6312 - 19TH STREET WEST TACOMA WA 98466 SCOTT DRABB 2536203241 2013-05-08 1 GERALD B KISSELL P00092658 6123324300 2012 2016-02-24 21:20:13Z CARLYN ROY 6312 - 19TH STREET WEST TACOMA WA 98466 10538120 0 1269 X WWW.TAPCOCU.ORG X 1934 WA WE ARE A FINANCIAL COOPERATIVE COMMITTED TO PROVIDING ESSENTIAL FINANCIAL SERVICES TO MEET THE NEEDS OF INDIVIDUALS AND FAMILIES THAT VALUE THE BENEFITS OF MEMBERSHIP. 9 9 68 14 253423 -106335 0 0 8893377 9690536 825803 765590 12600 18400 9731780 10474526 8000 9000 809403 631481 4044312 4457148 0 0 0 5095873 4807809 9957588 9905438 -225808 569088 255929888 269727817 234751969 247980810 21177919 21747007 X WE ARE A FINANCIAL COOPERATIVE COMMITTED TO PROVIDING ESSENTIAL FINANCIAL SERVICES TO MEET THE NEEDS OF INDIVIDUALS AND FAMILIES THAT VALUE THE BENEFITS OF MEMBERSHIP. WE WILL PRIMARILY CREATE AND DISTRIBUTE VALUE TO OUR MEMBERS BY EXCELLING IN OUR MEMBER RELATIONSHIP STRATEGY, BY KNOWING OUR MEMBERS BETTER THAN ANY OTHER FINANCIAL PROVIDER; INCLUDING POSITIONING THE CREDIT UNION AS AN ADOPTER OF PRODUCTS AND SERVICES VALUED BY OUR MEMBERS.WE WILL CREATE AN EXPERIENCE OF FAMILY AND BELONGING THROUGHOUT THE MEMBERS' LIFE STAGES BY:- BUILDING A FEELING OF MUTUAL TRUST AND PARTNERSHIP IN ACHIEVING SUCCESS THROUGH DEVELOPMENT OF SYSTEMS TO GAIN GREATER KNOWLEDGE OF OUR MEMBERSHIP- BEING THERE FOR OUR MEMBERS WHEN AND WHERE THEY NEED US- ENTHUSIASTICALLY AND CONSISTENTLY DELIVERING PRODUCTS AND SERVICES THAT OUR MEMBERS NEED- PROVIDING OUR MEMBERS THE EDUCATION THAT IS NECESSARY TO ACHIEVE THEIR FINANCIAL GOALS- PARTICIPATING IN MAKING THE COMMUNITY A BETTER PLACE TO LIVE 0 0 PROVIDE FINANCIAL SERVICES TO OVER 25,000 MEMBERS. 0 0 1 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 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 4729 0 1 68 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X SCOTT DRABB 2535659895 6312 - 19TH STREET WEST TACOMA WA 98466 EILEEN LEWIS 1.00 X X 0 0 0 JOHN COLE 1.00 X X 0 0 0 STEVE POYTHRESS 1.00 X X 0 0 0 JEANNE WERNER-SPAULDING 1.00 X 0 0 0 ROB MASKO 1.00 X 0 0 0 PAT MCELLIGOTT 1.00 X 0 0 0 RICHARD WILLIAMS 1.00 X 0 0 0 FRED WAGNER 1.00 X 0 0 0 ED TROYER 1.00 X 0 0 0 CARLYN ROY 40.00 X 241400 0 36734 SCOTT DRABB 40.00 X 155246 0 78912 GWEN TERRY 40.00 X 123731 0 24505 520377 0 140151 3 0 1 0 JACK HENRY 1100 OLIVE WAY STE 150 SEATTLE WA 98101 ATM/VISA PROCESSING 554992 XP SYSTEMS 75 REMITTANCE DR STE 6969 CHICAGO IL 60675 SOFTWARE MAINTENANCE 329601 FISERV 75 REMITTANCE DR STE 6969 CHICAGO IL 60675 MEMBER STMT PROCESS 309814 AIM LTD 21404 35TH AVE S SEATTLE WA 98198 CONSULTING 136059 REAL ESTATE RECOVERY SERVICES 12835 NEWCASTLE WAY STE 202 NEW CASTLE WA 98056 CONSULTING 124600 13 INTEREST ON LOANS TO M 522100 6649576 6649576 FEE INCOME 522100 1900381 1900381 OTHER NON-INTEREST INCOME 522100 1140579 887156 253423 9690536 829184 829184 18400 0 18400 18400 18400 63594 -63594 -63594 -63594 10474526 9437113 253423 783990 9000 631481 508102 2987724 105065 589581 266676 66758 18000 115614 271158 1941011 373070 104467 124143 362135 328920 228202 PROVISION FOR LOAN LOSS 427000 LOAN SERVICING EXPENSES 381923 ASSOCIATION FEES 55820 ANNUAL MEETING 9588 9905438 5538027 7039022 115583709 109740928 110209260 129495915 690701 9281827 4804316 4048880 4477511 3032 6426855 15350356 7032156 5196624 4824729 255929888 269727817 2526047 2329199 232225922 245651611 234751969 247980810 X 0 0 0 0 21177919 21747007 21177919 21747007 255929888 269727817 569088 0 X 0 0 0 2548 2548 2548 1 CREDIT UNION LEGISLATIVE ACTION FUND (CULAF) PAC 33301 9TH AVE SOUTH SUITE 200 FEDERAL WAY WA 98003 930953556 2548 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE CREDIT UNION CONTRIBUTED TO THE CREDIT UNION LEGISLATIVE ACTION FUND (CULAF) PAC TO SUPPORT ISSUES CONCERNING CREDIT UNIONS. 1203880 1203880 5330352 2695430 2634922 110874 105921 4953 1386719 1044941 341778 1250002 958024 291978 4477511 DEPOSITS 245651611 245651611 1 SCHOLARSHIPS 9 9000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP FUNDS ARE GIVEN OUT BY A COMMITTEE OF THE BOARD AND CHECKS ARE CUT DIRECTLY TO THE EDUCATIONAL INSTITUTIONS. X 1 1 X X 0 1 0 CARLYN ROY 226000 0 15400 0 0 0 29594 0 7140 0 278134 0 0 0 SCOTT DRABB 155246 0 0 0 0 0 63361 0 15551 0 234158 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - REIMBURSEMENT FOR COMPANION'S EXPENSES MUST RECEIVE ADVANCE AUTHORIZATION. AIRFARE AND REGISTRATION, WHERE APPLICABLE, FOR CONFERENCES, CONVENTIONS AND SEMINARS. RECEIPTS EVIDENCING ACTUAL EXPENSES MUST BE SUBMITTED. COMPANION MAY ACCOMPANY ONLY IF THEIR PRESENCE DOES NOT INTERFERE WITH THE BUSINESS OBJECTIVE OF THE TRIP. PART I, LINE 4B CARLYN ROY AND SCOTT DRABB PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN. NO DISTRIBUTIONS WERE MADE DURING THE 2012 TAX YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 THE VP OF ACCOUNTING REVIEWS FORM 990 BY COMPARING IT TO AUDITED FINANCIAL STATEMENTS AND ACCOUNTING DATA. A COPY OF FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEE HANDBOOK STATES AND THE EMPLOYEES ARE INFORMED WHEN HIRED THAT THE EMPLOYEE MUST INFORM THEIR SUPERVISOR IF THEY HAVE ANY OTHER EMPLOYMENT OUTSIDE OF TAPCO CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL PERCENTAGE INCREASE IS SET BY THE BOARD OF DIRECTORS. ANY ADDITIONAL CHANGES ARE DETERMINED BY USING COMPEASE, AN ONLINE PROGRAM FROM HRN, UPDATED ANNUALLY, WHICH TAKES INTO ACCOUNT OUR SIZE AND DEMOGRAPHICS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE PUBLIC THROUGH THE ANNUAL MEETING AND INTERNET, THE FORM 5300 IS AVAILABLE THROUGH THE INTERNET, AND THE CONFLICTS OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. TAPCO SERVICES INC 6312 19TH STREET W TACOMA WA 98466 911271799 INSURANCE BROKERAGE OR AGENCY WA TAPCO CREDIT UNION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0