2023-05-16T11:51:27-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 742232424 MOUNTAIN WEST CREDIT UNION FOUNDATION MOUN 8009959064 18000 INTERNATIONAL BLVD 1102 SEATAC WA 98188 JENNIFER HUGGARD CHIEF ADMINISTRATION OFFICER 8009959064 2023-05-16 1 JENNIFER HUGGARD 999009999 1 X VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X SCOTT EARL 18000 INTERNATIONAL BLVD 1102 SEATAC WA 98188 449298 0 X WWW.MWCUA.COM X 1981 CO THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE FOUNDATION'S MISSION IS TO PROMOTE LEADERSHIP AND SUPPORT LONG-TERM SUCCESS OF CREDIT UNIONS IN THEIR COMMUNITIES. X 12 12 0 12 0 0 520126 397592 750 0 156715 14747 -126648 -57333 550943 355006 244203 279103 0 0 0 0 0 0 0 209501 92506 453704 371609 97239 -16603 2240898 0 31525 0 2209373 0 X THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE FOUNDATION'S MISSION IS TO PROMOTE LEADERSHIP AND SUPPORT LONG-TERM SUCCESS OF CREDIT UNIONS IN THEIR COMMUNITIES. 0 1 347494 279103 0 CREDIT UNION DEVELOPMENT - INCLUDING EDUCATIONAL SCHOLARSHIPS FOR UNDERGRADUATE, GRADUATE, AND OTHER PROFESSIONAL DEVELOPMENT PROGRAMS - AND INCLUDING GRANTS FUNDED FROM COMMUNITY INVESTMENT FUND (CIF) THROUGH THE NATIONAL CREDIT UNION FOUNDATION - PROJECTS TO IMPROVE THE FINANCIAL WELL BEING OF CONSUMERS, COMMUNITIES AND DEMONSTRATE THE "CREDIT UNION DIFFERENCE". IN 2022, MOUNTAIN WEST CREDIT UNION FOUNDATION MERGED WITH A LIKE SIZE ORGANIZATION WITH SIMILAR CORE VALUES. THIS OPPORTUNITY WILL DOUBLE THE SIZE OF MOUNTAIN WEST CREDIT UNION FOUNDATION IN BOTH INFRASTRUCTURE AND ASSETS. 347494 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 7 0 0 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 X X THE ORGANIZATION 8009959064 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 TODD PEARSON CHAIRMAN 2.00 X 0 0 0 RAINY THOEN VICE CHAIR 1.00 X 0 0 0 DENNIS PAUL SECRETARY 1.00 X 0 0 0 TYLER VALENTINE TREASURER 1.00 X 0 0 0 ERIC RENAUD DIRECTOR 1.00 X 0 0 0 JUDY AUVIL DIRECTOR 1.00 X 0 0 0 BOB HOEL DIRECTOR 1.00 X 0 0 0 JANE PRANCAN DIRECTOR 1.00 X 0 0 0 BRIAN ROHRBACHER DIRECTOR 1.00 X 0 0 0 TESSA BONFANTE DIRECTOR 1.00 X 0 0 0 JAY CHAMPION DIRECTOR 1.00 X 0 0 0 TODD MARKSBERRY DIRECTOR 1.00 X 0 0 0 SCOTT EARL PRESIDENT 2.00 40.00 X 0 515462 561882 DAN SANTANGELO EXECUTIVE DIRECTOR 4.00 40.00 X 0 118897 23293 0 634359 585175 0 0 1 0 0 108791 288801 397592 13598 13598 38108 36959 1149 1149 1149 0 108791 57333 -57333 -57333 355006 1149 0 -43735 57619 57619 221484 221484 6500 6500 4039 4039 68391 68391 2023 2023 3582 3582 4425 4425 MERGER EXPENSES 2211 2211 MISC EXPENSE 1230 1230 BRAYMAN BEACH EXPENSES 105 105 371609 347494 24115 0 0 122621 0 0 55124 0 0 0 0 0 13670 0 0 2049483 0 0 0 0 0 2240898 0 31525 0 31525 0 X 2018873 0 190500 0 2209373 0 2240898 0 X -16603 -300809 -1891961 X 0 0 0 X 363152 420082 371787 520126 397592 2072739 363152 420082 371787 520126 397592 2072739 166592 130438 125606 124649 162979 710264 0 166592 130438 125606 124649 162979 710264 1362475 35484 39328 31566 31336 13598 151312 35484 39328 31566 31336 13598 151312 398636 459410 403353 551462 411190 2224051 0.61260 0.63490 0.06800 0.08230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 190500 5000 185500 183835 16665 10000 190500 167054 6000 20781 10000 183835 150456 21598 5000 167054 99353 315 -1928 97740 0 0 0 PART V, LINE 4: EDUCATIONAL SCHOLARSHIPS GALA 0 0 4300 GOLF TOURNAMENT 108791 108791 2900 42662 7471 108791 108791 2900 42662 11771 57333 -57333 1 NATIONAL CU FOUNDATION 5710 MINERAL POINT ROAD MADISON WI 53705 391383650 501(C)(3) 17500 0 FMV DONATION WORLDWIDE FOUNDATION FOR CREDIT UNIONS 5710 MINERAL POINT ROAD MADISON WI 53705 396093210 501(C)(3) 10000 0 FMV DONATION 2 SCHOLARSHIPS FOR FINANCIAL AND CU EDUCATION 81 208734 0 0 0 0 0 0 0 0 0 SCOTT EARL PRESIDENT 0 365030 0 141000 0 9432 0 519270 0 42612 0 1077344 0 0 SAVINGS AND TEMPORARY INVESTMENTS 2022-06-30 83776 FAIR MARKET VALUE 911649328 GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 501(C)(3) RECEIVABLES 2022-06-30 1401 FAIR MARKET VALUE 911649328 GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 501(C)(3) PREPAID EXPENSES 2022-06-30 16940 FAIR MARKET VALUE 911649328 GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 501(C)(3) INVESTMENTS ON PUBLICLY TRADED SECURITIES 2022-06-30 1816353 FAIR MARKET VALUE 911649328 GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: BOARD MEMBERS: JAY CHAMPION, TODD PEARSON, JANE PRANCAN, ERIC RENAUD, RAINY THOEN AND TYLER VALENTINE PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE BOARD MEMBERS LISTED ABOVE ALL BECAME BOARD MEMBERS OF GOWEST FOUNDATION. FORM 990, PART III, LINE 3 EFFECTIVE JULY 1, 2022, MOUNTAIN WEST CREDIT UNION FOUNDATION CEASED OPERATIONS AND MERGED WITH NORTHWEST CREDIT UNION FOUNDATION TO FORM THEN NEW ENTITY, GOWEST FOUNDATION. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION IS MANAGED BY THE MOUNTAIN WEST CREDIT UNION ASSOCIATION(MWCUA). MWCUA PROVIDES MANAGEMENT SERVICES, ADMINISTRATIVE AND OPERATING EMPLOYEES, AND CERTAIN OTHER ADMINISTRATIVE AND OPERATING SERVICES TO THE FOUNDATION. NO ADMINISTRATIVE OR MANAGEMENT FEE WAS CHARGED FOR FYE JUNE 30, 2022. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JULY 1, 2022, MOUNTAIN WEST CREDIT UNION FOUNDATION MERGED WITH NORTHWEST CREDIT UNION FOUNDATION TO FORM THEN NEW ENTITY, GOWEST FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE FOUNDATION'S CPA FIRM AND THEN REVIEWED THOROUGHLY BY THE MOUNTAIN WEST CREDIT UNION ASSOCIATION'S SENIOR VP BEFORE THE FORM 990 IS FILED. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT UPON REQUEST AND APPROVAL BY KEY MANAGEMENT. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED DUE TO MERGER -1,891,961. MOUNTAIN WEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 840375111 CREDIT UNION TRADE ASSOCIATION CO 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 MOUNTAIN WEST CREDIT UNION ASSOCIATION N 0 COST MOUNTAIN WEST CREDIT UNION ASSOCIATION O 61187 COST MOUNTAIN WEST CREDIT UNION ASSOCIATION Q 0 COST MOUNTAIN WEST CREDIT UNION ASSOCIATION M 0 COST