2026-05-14T14:26:33-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2025-01-01 910617775 COLUMBIA COMMUNITY CREDIT UNION COLU 3608914000 PO BOX 324 VANCOUVER WA 98666 LINDSEY SALVESTRIN PRESIDENT/CEO 3608914000 2026-05-12 1 WENDY CAMPOS P00448102 5032421447 2026-05-08 2025 2025-03-06 01:10:19Z LINDSEY SALVESTRIN PO BOX 324 VANCOUVER WA 98666 153924217 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 9 377 0 2424078 0 0 0 123915432 135544983 14034911 11633828 0 0 137950343 147178811 271742 286208 0 0 33269612 34087256 0 0 0 81857526 82186861 115398880 116560325 22551463 30618486 2446437301 2557295207 2176241397 2246296759 270195904 310998448 BRINGING PEOPLE TOGETHER TO MAKE LIFE BETTER FOR THEMSELVES AND THEIR COMMUNITIES. 0 0 COLUMBIA COMMUNITY CREDIT UNION IS A WASHINGTON STATE-CHARTERED CREDIT UNION WITH A FIELD OF MEMBERSHIP IN WASHINGTON AND OREGON AND IS REGULATED BY THE WASHINGTON STATE DEPARTMENT OF FINANCIAL INSTITUTIONS, DIVISION OF CREDIT UNIONS WITH RECIPROCAL OVERSIGHT BY THE OREGON DEPARTMENT OF CONSUMER & BUSINESS SERVICES, DIVISION OF FINANCIAL REGULATION. MEMBERS' DEPOSITS ARE INSURED BY THE NATIONAL CREDIT UNION SHARE INSURANCE FUND. THE MAIN PURPOSE OF THE CREDIT UNION IS PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. 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 41769 0 1 377 1 1 1 0 0 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 EMILY YODER 3606193305 200 SE PARK PLAZA DR VANCOUVER WA 98684 LINDSEY SALVESTRIN PRESIDENT & CEO 50.00 X 782405 0 241961 PENNY HARRIS CHIEF FINANCIAL OFFICER 40.00 X 489937 0 102301 MARK MICHAELS CHIEF INFO. OFFICER (THRU 11/25) 40.00 X 475323 0 71432 MARC TIMM CHIEF CREDIT & LENDING OFFICER 40.00 X 425688 0 91663 JAMES WOOD CHIEF ADMIN OFFICER 40.00 X 399251 0 81995 COLLEEN BOCCIA CHIEF EXPERIENCE OFFICER 40.00 X 364710 0 98626 HEATHER FRIEND CHIEF OPERATING OFFICER 40.00 X 332250 0 67322 WENDY SMITH CHIEF RISK OFFICER 40.00 X 318131 0 68889 JOSEPH STORM VP COMMERCIAL & BUS. SVCS 40.00 X 348652 0 23263 JEREMY HAWKINS INVESTMENT ADVISOR REPRESENTATIVE 40.00 X 255505 0 32074 MICHAEL FLOREA CHIEF DATA OFFICER (THRU 4/25) 40.00 X 230181 0 37523 RUSSELL GOCHNEAUR VP INVESTMENTS & INSURANCE 40.00 X 226118 0 27609 TIFFANY MCGUIRE VP BRANCH SERVICES 40.00 X 227152 0 24702 SAMANTHA SANDFORD VP COMMERCIAL RELATIONSHIP MANAGER 40.00 X 224603 0 22945 MAX AULT CHAIR 2.30 X X 22682 0 0 JOSEPH VANCE CHAIR (THRU 4/25) 2.30 X X 15002 0 0 DENA STRONG VICE CHAIR 2.30 X X 20599 0 0 TRACEY MALONE TREASURER 2.30 X X 20000 0 0 TIM SCHAUER SECRETARY 2.30 X 20153 0 0 ERIC SAWYER DIRECTOR 2.30 X 20599 0 0 JUDY KUSCHEL DIRECTOR 2.30 X 15000 0 0 CAROL VAN NATTA DIRECTOR 2.30 X 15000 0 0 JULIANNA MARLER DIRECTOR (THRU 4/25) 2.30 X 9187 0 0 SEAN GREGORY DIRECTOR 2.30 X 6849 0 0 WILLIAM HENRY DIRECTOR 2.30 X 6849 0 0 5271826 0 992305 74 0 1 0 FISERV INC PO BOX 208457 DALLAS TX 753208457 SOFTWARE SUPPORT/MAINT/LICENSES/HARDWARE 3737474 STRUCTURED COMMUNICATION SYSTEM INC 9200 SE SUNNYBROOK BLVD STE 300 CLACKAMAS OR 97015 SOFTWARE/HARDWARE/MAINT & SUPPORT 2330594 DRAGON BUYER INC 9 WEST 57TH ST 32ND FLOOR NEW YORK NY 10019 PC BANKING/ E-STMT PROCESSING/ ATM UNITS 2027715 VISA USA INC PO BOX 742233 LOS ANGELES CA 900742233 CONSUMER/BUS. CREDIT CARD TRANSACTION 942886 CENLAR FSB 425 PHILLIPS BLVD EWING NJ 08628 LOAN SERVICING FEES 642378 63 INT & FEES ON LOANS 522100 115699222 115699222 ATM INCOME 522100 9238886 9163484 75402 FEES & SERVICE CHARGES 522100 6295862 4004810 2291052 MISC OPERATING INCOME 522100 3576325 3518701 57624 GAIN ON SALE OF LOANS 522100 734688 734688 135544983 11732270 11732270 6646964 6745185 221 -98221 -221 -98442 -98442 147178811 133120905 2424078 11633828 286208 4778024 22213656 1216054 3763857 2115665 127011 366999 24295 80960 1315457 2089967 3488161 12582324 2214282 195324 35112674 2095369 567167 PROVISION FOR LOAN LOSS 16330924 LOAN SERVICING EXPENSES 3209115 MISC OPERATING EXPENSE 1344357 STAFF AND OFFICIAL EXPE 872642 169833 116560325 15835836 15815297 188761152 237514108 24938536 32411088 1961644923 2037978691 3649437 4559349 61518840 38371187 23610449 23147653 185857608 161092620 4439771 4959106 37699589 39817295 2446437301 2557295207 23657969 28744523 583797 228183 2151999631 2217324053 2176241397 2246296759 X 0 0 0 0 270195904 310998448 270195904 310998448 2446437301 2557295207 30618486 10184058 0 X 0 1 X 1 0 24295 0 0 24295 24295 1 GOWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BOULEVARD SUIT SEATAC WA 98188 910460483 24295 PART I-A, LINE 1: INDIRECT POLITICAL CAMPAIGN ACTIVITY THROUGH CONTRIBUTIONS TO OTHER ORGANIZATIONS; CREDIT UNION LEGISLATIVE ACTION FUND 0 1 X 5825213 5825213 30822312 16800647 14021665 3511905 3398018 113887 20390048 18172522 2217526 969362 969362 23147653 MEMBERS' SHARE AND SAVINGS ACCOUNTS 2217324053 2217324053 X PART IV, LINE 2B: ESCROW ACCOUNTS ARE FOR MEMBER REAL ESTATE LOANS TO PAY REAL ESTATE TAXES. PART X, LINE 2: THE CREDIT UNION IS STATE CHARTERED AND FEDERALLY TAX EXEMPT UNDER THE INTERNAL REVENUE CODE 501(C)(14), EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2025 AND 2024. THE CREDIT UNION RECOGNIZES THE ACCRUAL OF INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A TAX EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2025 AND 2024, THE CREDIT UNION RECOGNIZED NO MATERIAL INTEREST OR PENALTIES. THE INCOME FROM THE CUSO, ORGANIZED AS A CORPORATION, FLOWS THROUGH TO THE CREDIT UNION, AND THEREFORE IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. 1 ASSOCIATION OF WASHINGTON BUSINESS PO BOX 658 OLYMPIA WA 98507 910496803 501(C)(6) 7000 0 SUPPORT FOR LOCAL ECONOMY GROWTH AND EDUCATION PROGRAMS THROUGH EVENT SPONSORSHIPS BOYS & GIRLS CLUB OF SW WASHINGTON 5109 NE 82ND AVE STE 205 VANCOUVER WA 98662 911978646 501(C)(3) 25000 0 SUPPORT FOR PROGRAMS FOR AT-RISK YOUTH THROUGH EVENT SPONSORSHIP BUILDING INDUSTRY ASSOCIATION 103 E 29TH ST VANCOUVER WA 98663 910906923 501(C)(6) 11025 0 SUPPORT FOR LOCAL ECONOMY GROWTH AND EDUCATION PROGRAMS THROUGH EVENT SPONSORSHIPS CHILDRENS MIRACLE NETWORK 205 W 700 S SALT LAKE CITY UT 84101 870387205 501(C)(3) 15350 0 SUPPORT FOR PROGRAMS AND RESEARCH FOR CHILDREN'S HEALTHCARE THROUGH EVENT SPONSORSHIP CLARK COUNTY FOOD BANK 6502 NW 47TH AVE VANCOUVER WA 98661 911307564 501(C)(3) 15000 0 SUPPORT FOR LOCAL FAMILIES EXPERIENCING HUNGER THROUGH GRANT AND EVENT SPONSORSHIP CLARK COUNTY PUBLIC UTILITY PO BOX 8989 VANCOUVER WA 98668 916001052 STATE/ LOCAL PUD 6000 0 SUPPORT FOR LIMITED INCOME FAMILIES TO HELP PAY THEIR ELECTRIC BILLS THROUGH EVENT SPONSORSHIP COLUMBIA SPRINGS ENVIRONMENTAL 12208 SE EVERGREEN HWY VANCOUVER WA 98683 912127405 501(C)(3) 15000 0 SUPPORT FOR ENVIRONMENTAL EDUCATION PROGRAMS THROUGH EVENT SPONSORSHIP FORT VANC REGIONAL LIBRARY FOUNDATION PO BOX 2384 VANCOUVER WA 98668 911456753 501(C)(3) 15000 0 SUPPORT FOR READING PROGRAMS THROUGH EVENT SPONSORSHIP GREATER VANCOUVER CHAMBER OF COMMERCE 1111 MAIN ST STE 201 VANCOUVER WA 98660 910452260 501(C)(6) 11650 0 PROMOTE AND SUPPORT SMALL BUSINESS RESOURCES THROUGH EVENT SPONSORSHIP NORTHWEST ASSOCIATION FOR BLIND ATHLETES 805 BROADWAY ST STE 750 VANCOUVER WA 98660 260244283 501(C)(3) 10000 0 SUPPORT FOR SPORTS PROGRAMS THROUGH EVENT SPONSORSHIP SALMON CREEK HOSPITAL FOUNDATION PO BOX 4500 PORTLAND OR 972084500 830433165 501(C)(3) 10000 0 SUPPORT FOR FREE QUALITY HEALTH CARE IN OUR COMMUNITY THROUGH SPONSORSHIP SHARE 2306 NE ANDRESEN RD VANCOUVER WA 98661 911205119 501(C)(3) 17500 0 SUPPORT FOR PROGRAMS SERVING HOMELESS AND HUNGRY IN OUR COMMUNITY THROUGH EVENT SPONSORSHIP STRIVE NORTHWEST 9414 NE 4TH PLAIN BLVD VANCOUVER WA 98662 910782136 501(C)(3) 15000 0 SUPPORT FOR ADULTS AND CHILDREN WITH DISABILITIES WITH GRANT THE HISTORIC TRUST 750 ANDERSON ST VANCOUVER WA 98661 911937645 501(C)(3) 9000 0 PRESERVATION FOR NATIONAL SITE AND SUPPORT FOR EDUCATION PROGRAMS THROUGH SPONSORSHIP AND EVENT FUNDRAISING VANCOUVER SYMPHONY ORCHESTRA PO BOX 525 VANCOUVER WA 98660 911281734 501(C)(3) 10000 0 SUPPORT OF THE ARTS THROUGH SPONSORSHIP 12 3 PART I, LINE 2: WHEN MONEY IS DONATED, ONGOING COMMUNICATION IS ESTABLISHED BETWEEN THE NON-PROFIT RECEIVING DONATIONS AND THE OUTREACH TEAM TO ENSURE IT IS DISTRIBUTED AS INTENDED. IN TURN, THE NON-PROFIT IS REQUESTED TO PROVIDE THE OUTREACH TEAM A RECAP OF HOW THE MONIES WERE USED AND HOW IT BENEFITED THE INTENDED PARTY. X 1 1 X X X X X 1 1 0 LINDSEY SALVESTRIN PRESIDENT & CEO 655876 0 126529 0 0 0 216361 0 25600 0 1024366 0 0 0 PENNY HARRIS CHIEF FINANCIAL OFFICER 285073 0 37538 0 167326 0 76722 0 25579 0 592238 0 167326 0 MARK MICHAELS CHIEF INFO. OFFICER (THRU 11/25) 258684 0 41268 0 175371 0 61642 0 9790 0 546755 0 159671 0 MARC TIMM CHIEF CREDIT & LENDING OFFICER 373029 0 52659 0 0 0 72321 0 19342 0 517351 0 0 0 JAMES WOOD CHIEF ADMIN OFFICER 353861 0 45390 0 0 0 68159 0 13836 0 481246 0 0 0 COLLEEN BOCCIA CHIEF EXPERIENCE OFFICER 322633 0 42077 0 0 0 86018 0 12608 0 463336 0 0 0 HEATHER FRIEND CHIEF OPERATING OFFICER 308625 0 23625 0 0 0 49640 0 17682 0 399572 0 0 0 WENDY SMITH CHIEF RISK OFFICER 281998 0 36133 0 0 0 66535 0 2354 0 387020 0 0 0 JOSEPH STORM VP COMMERCIAL & BUS. SVCS 256278 0 92374 0 0 0 21456 0 1807 0 371915 0 0 0 JEREMY HAWKINS INVESTMENT ADVISOR REPRESENTATIVE 64214 0 191291 0 0 0 16165 0 15909 0 287579 0 0 0 MICHAEL FLOREA CHIEF DATA OFFICER (THRU 4/25) 83866 0 33565 0 112750 0 31618 0 5905 0 267704 0 48133 0 RUSSELL GOCHNEAUR VP INVESTMENTS & INSURANCE 204158 0 21960 0 0 0 14382 0 13227 0 253727 0 0 0 TIFFANY MCGUIRE VP BRANCH SERVICES 203739 0 23413 0 0 0 13286 0 11416 0 251854 0 0 0 SAMANTHA SANDFORD VP COMMERCIAL RELATIONSHIP MANAGER 159357 0 65246 0 0 0 13527 0 9418 0 247548 0 0 0 PART I, LINE 1A THE CEO'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 AN OFFICIAL ON CREDIT UNION-RELATED TRAINING. THE CEO'S ALLOWANCE IS NOT TREATED AS TAXABLE COMPENSATION, WHEREAS THE OFFICIAL'S ALLOWANCE IS TREATED AS TAXABLE COMPENSATION. PART I, LINES 4A-B LINDSEY R SALVESTRIN, 457(F) PLAN - $195,361 COLLEEN BOCCIA, 457(F) PLAN - $62,767 MICHAEL D FLOREA, 457(F) PLAN - $24,800 JAMES B. WOOD, 457(F) PLAN - $47,396 MARC T TIMM, 457(F) PLAN - $51,321 WENDY SMITH, 457(F) PLAN - $48,510 PENNY R. HARRIS, 457(F) PLAN - $55,996 MARK C MICHAELS, 457(F) PLAN - $43,092 HEATHER FRIEND, 457(F) PLAN - $36,144 PART I LINE 4A MICHEAL FLOREA RECEIVED $112,750 (AN AMOUNT APPROXIMATELY EQUAL TO HIS UNUSED PTO AND 16 MONTHS OF THE SERP BALANCE LESS PAYROLL DEDUCTION) AS SEVERANCE PAYMENT. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7A MEMBERS IN ATTENDANCE AT THE ANNUAL MEETING APPROVED GOVERNING BODY'S ELECTION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 DATA IS COMPILED BY THE SR ACCOUNTANT, REVIEWED BY THE CONTROLLER, AND SENT TO THE CPA FIRM TO COMPLETE THE 990. THE DRAFT OF THE 990 IS PROVIDED TO THE CONTROLLER, CFO AND PRESIDENT & CEO FOR INTERNAL REVIEW. ONCE THAT IS COMPLETED THE 990 AND 990T IS UPLOADED TO THE BOARD WEBSITE AND ALL THE MEMBERS OF THE BOARD ARE NOTIFIED THAT IT IS NOW AVAILABLE FOR REVIEW. THIS IS ALL COMPLETED PRIOR TO THE SUBMISSION OF THE RETURNS TO 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. POTENTIAL CONFLICTS ARE REPORTED TO AND REVIEWED BY THE ENTERPRISE RISK MANAGEMENT DEPARTMENT, WHICH THEN DETERMINES THE APPROPRIATE PARTY TO DELIBERATE AND RESOLVE THE CONFLICT (E.G. BOARD, SUPERVISORY BOARD, CEO). FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DEPARTMENT COMPILED INFORMATION FROM PROFESSIONAL INDEPENDENT SALARY SURVEYS (COMPANALYST/SALARY.COM, PEARL MEYER, MILLIMAN AND OTHER INDUSTRY SURVEYS). 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 INFORMATION TO DETERMINE THE CEO'S COMPENSATION AND BENEFIT PACKAGE. A REVIEW BY HUMAN RESOURCES, USING PROFESSIONAL SALARY SURVEYS, CONFIRMED THAT THE CEO'S COMPENSATION RATE WAS WELL WITHIN THE COMPENSATION NORMS FOR SIMILAR POSITIONS WITHIN THE INDUSTRY, COMMUNITY, AND ASSET SIZE. THE LAST REVIEW OF COMPENSATION FOR THE CEO AND SENIOR MANAGEMENT WAS COMPLETED NOVEMBER 2025. FORM 990, PART VI, SECTION C, LINE 18 ON COLUMBIA CU WEBSITE HTTPS://WWW.COLUMBIACU.ORG/LEADERSHIP/ FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST COLUMBIA COMMUNITY CORPORATION PO BOX 324 VANCOUVER WA 98666 910617775 INACTIVE - USED TO BE INVEST & INS FUNCTION; COMBINED INTO CU IN 2004 WA 0 5000 COLUMBIA COMMUNITY CREDIT UNION