2012-11-14T12:32:49-06:00 2011-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2011-01-01 911792217 HAPO COMMUNITY CREDIT UNION HAPO 5099435676 601 WILLIAMS BLVD RICHLAND WA 99354 JOHN SCHNELLBACH CFO 5099435676 2012-11-07 1 WENDY CAMPOS P00448102 5032421447 2011 2016-02-24 21:20:13Z DAVID SCHULZ 601 WILLIAMS BLVD RICHLAND WA 99354 61966232 0 X WWW.HAPO.ORG X 1953 WA SEE SCHEDULE O 7 7 314 11 167186 80878 0 0 56983255 61575147 28962 38511 209565 217786 57221782 61831444 0 0 0 0 15535033 17980749 0 0 0 30677418 31165703 46212451 49146452 11009331 12684992 845546493 1014829008 788849897 945081400 56696596 69747608 X SEE SCHEDULE O 0 0 HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH REASONABLE INTEREST RETURN AND LOW INTEREST RATE LOANS TO NEARLY 99,000 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25633 0 1 314 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 MIKE YOUNG 1.00 X 0 0 0 KEN BAYS 1.00 X 0 0 0 KEN GALE 1.00 X 0 0 0 PETE CAROL 1.00 X 0 0 0 WILLIAM TYLER 1.00 X 0 0 0 WILLIAM TANNER 1.00 X 0 0 0 WILLIAM CLARK 1.00 X 0 0 0 DAVID M SCHULZ 40.00 X 1297304 0 245201 STEVE G ANDERSON 40.00 X 445941 0 214152 JOHN J SCHNELLBACH 40.00 X 581193 0 208910 CAROLYN E O'NIEL 40.00 X 514893 0 64134 SCOTT MITCHELL 40.00 X 207020 0 22202 PAUL PEDERSEN 40.00 X 152645 0 20654 CATHY CLARK 40.00 X 154427 0 16936 CHRIS WISNOSKI 40.00 X 137462 0 19055 ROMELIA COCKRUM 40.00 X 165455 0 413 NANCY PICKETT 0.00 X 186996 0 23542 SHERYL LUECKEL 0.00 X 120000 0 7991 3963336 0 843190 18 1 1 0 MOMENTUM INC 1520 4TH AVE SUITE 300 SEATTLE WA 98910 ARCHITECTURE & CONSTRUCTION 9087854 TALARIS INC PO BOX 71252 CHICAGO IL 60694 ATM & RELATED SERVICING 503270 MCCURLEY INTEGRITY DEALERSHIP 1325 N 32ND PLACE PASCO WA 99301 AUTO LOAN SERVICES 483532 DIEBOLD PO BOX 643543 PITTSBURGH PA 15264 ATM SERVICING 343780 FISERV 75 REMTTANCE DRIVE SUITE 6962 CHICAGO IL 60675 BANK CARD PROCESSING 303932 25 MEMBER LOAN INTEREST 522100 49891355 49891355 MEMBER FEES & CHARGES 522100 6616313 6616313 DEBIT/CREDIT/ATM INTER 522100 5067479 5067479 61575147 38511 38511 180157 129557 50600 50600 50600 5289 5231 58 58 NON-MEMBER ATM FEES 522100 96912 96912 MEMBER INSURANCE SALES 524298 50400 50400 MBI 524298 19816 19816 167128 61831444 61575147 167186 89111 3571726 10119716 1367924 1806684 1114699 121242 47110 634263 797403 2252165 1147190 1012215 261163 269158 9218010 3245208 255573 UBIT 5000 FASB 91 LOAN ORIG AMORT 3585152 OTHER EXPENSES 2404955 FEDERAL/STATE REGULATOR 2112153 3797743 49146452 7391010 6993540 26256032 30754656 141105 13014063 759740263 885007262 5555237 6868049 66991268 11759323 32328700 55231945 355567 287019 13778579 16672474 845546493 1014829008 10915126 15535035 918581 1389635 777016190 928156730 788849897 945081400 X 0 0 0 0 56696596 69747608 56696596 69747608 845546493 1014829008 X 12684992 366020 X 0 0 0 0 1 13627112 13627112 38105169 5224346 32880823 586694 330267 256427 14672293 6204710 8467583 55231945 MEMBER DEPOSITS 928156730 928156730 PART IV, LINE 2B: HAPO MAKES FIRST MORTGAGE HOME LOANS TO ITS MEMBERS AND PROVIDED ESCROW SERVICES FOR THE COLLECTION AND PAYMENT OF HOMEOWNER INSURANCE AND RESIDENTIAL REAL ESTATE TAXES RELATED TO THOSE HOME LOANS. X X X 1 1 X X X 1 1 0 DAVID M SCHULZ 460142 0 106672 0 730490 0 231688 0 13513 0 1542505 0 691561 0 STEVE G ANDERSON 338750 0 84212 0 22979 0 197143 0 17009 0 660093 0 0 0 JOHN J SCHNELLBACH 288542 0 57726 0 234925 0 197197 0 11713 0 790103 0 210590 0 CAROLYN E O'NIEL 208958 0 33504 0 272431 0 49838 0 14296 0 579027 0 248643 0 SCOTT MITCHELL 177708 0 11319 0 17993 0 5856 0 16346 0 229222 0 0 0 PAUL PEDERSEN 134708 0 0 0 17937 0 4520 0 16134 0 173299 0 0 0 CATHY CLARK 142625 0 10051 0 1751 0 4318 0 12618 0 171363 0 0 0 CHRIS WISNOSKI 136042 0 0 0 1420 0 2916 0 16139 0 156517 0 0 0 ROMELIA COCKRUM 21250 0 625 0 143580 0 413 0 0 0 165868 0 0 0 NANCY PICKETT 0 0 0 0 186996 0 5531 0 18011 0 210538 0 0 0 SHERYL LUECKEL 0 0 0 0 120000 0 0 0 7991 0 127991 0 0 0 PART I, LINE 1A PURSUANT TO HAPO'S POLICIES, TRAVEL IS PROVIDED FOR SPOUSES 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. PART I, LINES 4A-B HAPO HAD TWO FORMER KEY EMPLOYEES THAT RECEIVED REPORTABLE COMPENSATION TOTALING $290,000 RELATED TO A SEVERANCE PACKAGE. ORGANIZATION MISSION STATEMENT FORM 990, PART I, LINE 1 HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH REASONABLE 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. ORGANIZATION MISSION STATEMENT FORM 990, PART III, LINE 1 HAPO PROVIDES LOW COST SAVINGS VEHICLES WITH REASONABLE 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 MEMBERS. 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 MEMBERS. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,255. DB PENSION COMPREHENSIVE INCOME 361,305. FASB 106 COMPREHENSIVE INCOME -540. TOTAL TO FORM 990, PART XI, LINE 5: 366,020.