2023-11-15T17:52:52-06:00 2022-12-31 810987947 HAUSER JONES & SAS PLLC 10940 NE 33RD PLACE SUITE 100 BELLEVUE WA 98004 990 2022-01-01 910693631 SNO FALLS CREDIT UNION SNOF 4258884004 PO BOX 2510 NORTH BEND WA 98045 TIM WILLIAMS PRESIDENT 4258884004 2023-11-15 1 TIM WILLIAMS 999009999 0 LINDSEY SAS CPA P01620141 4258891778 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TIM WILLIAMS PO BOX 2510 NORTH BEND WA 98045 5599032 0 X WWW.SNOFALLS.COM X CREDIT UNION 1957 WA ENHANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS. 7 7 22 9 31544 0 0 518748 4705356 4323856 68530 537962 489500 218466 5263386 5599032 0 0 0 0 2597219 2615505 0 0 0 2473098 2386357 5070317 5001862 193069 597170 113268760 116102540 106371542 109671078 6897218 6431462 ENHANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS. 0 0 MUTUAL, MEMBERSHIP PROGRAMS, GENERAL/OTHER: PROVIDED ITS 6,300 MEMBERS THE OPPORTUNITY FOR SAVINGS, DEPOSITS, LOANS, AND OTHER FINANCIAL SERVICES. THE CREDIT UNION GRANTED 589 LOANS TOTALING $29,444,394 TO ITS MEMBERS DURING 2022. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1801 0 1 22 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X TIM WILLIAMS 4258884004 PO BOX 2510 NORTH BEND WA 98045 ROB SHOGREN DIRECTOR 1.00 X 0 0 0 E STEVE COLLINS CHAIRMAN 1.50 X X 0 0 0 SHELLY INMAN VICE CHAIR 1.50 X X 0 0 0 BART KELLY DIRECTOR, SC CHAIR 1.50 X 0 0 0 KURT MEISTER DIRECTOR 1.00 X 0 0 0 CAROL LAWRENCE SECRETARY 1.00 X X 0 0 0 MARY BARRETT DIRECTOR 1.00 X 0 0 0 TIMOTHY WILLIAMS CEO 40.00 X 810040 0 72298 ELIZABETH KEATING CFO 40.00 X 158216 0 42500 ABBIE LANKFORD CXO 40.00 X 139344 0 39759 1107600 0 154557 3 0 1 0 CORELATION INC 2305 HISTORIC DECATUR RD SAN DIEGO CA 92106 INCOMING CORE SYSTEM VENDOR 416300 CO-OP FINANCIAL SERVICES 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 DEBIT AND CREDIT CARD PROCESSING 351263 THINK STACK 1300 THAMES ST G20 BALTIMORE MD 21231 NETWORK SECURITY, AWS BUNDLE, IT SUPPORT 219198 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 EPISYS MONTHLY SERVICING AND SYNERGY DAT 171844 ACCESS SOFTEK 727 ALLSTON WAY SUITE C BERKELEY CA 94710 ONLINE & MOBILE BANKING VENDOR 123981 5 518748 518748 LOAN INTEREST INCOME M 522291 3210168 3210168 INTERCHANGE 522100 704800 704800 FEES & CHARGES MEMBERS 522100 377344 377344 ATM FEES NON-MEMBERS 525990 28569 28569 AUTO WARRANTIES 524126 2400 2400 575 575 4323856 533932 533932 4030 0 4030 4030 4030 MISC INCOME MEMBER SER 900099 218466 218466 218466 5599032 4514808 31544 533932 1107600 837647 258078 250958 161222 21719 2981 93421 200869 48899 714325 29439 163998 27594 71586 13054 134656 35176 MASTERCARD CREDIT/DEBIT 382494 LENDING EXPENSE 304097 DIVIDENDS 100156 PROVISION FOR LOAN LOSS 21245 20648 5001862 1160367 1132190 23345654 2660861 1123049 916971 2043511 71472158 75334002 619081 1265168 2960708 1307393 5913006 1653315 6366096 29094170 3269349 2002352 113268760 116102540 1132194 2119411 105239348 107551667 106371542 109671078 X 0 0 0 0 6897218 6431462 6897218 6431462 113268760 116102540 597170 -1062926 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 451064 451064 489404 361420 127984 1198562 357544 841018 821678 588429 233249 1653315 INVESTMENTS IN CUSO 4997369 C CERTIFICATE OF DEPOSIT 24096801 C 29094170 MEMBER SHARE & DEPOSIT ACCOUNTS 107025238 OTHER LEASE LIABILITY 526429 107551667 5595002 0 5595002 4030 4030 5599032 5001862 0 5001862 0 5001862 PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE OF ASSETS 4,030. X X X X X 0 1 0 TIMOTHY WILLIAMS CEO 246500 0 29750 0 533790 0 57581 0 14717 0 882338 0 0 0 ELIZABETH KEATING CFO 127187 0 10313 0 20716 0 42500 0 0 0 200716 0 0 0 ABBIE LANKFORD CXO 114397 0 12103 0 12844 0 29192 0 10567 0 179103 0 0 0 TIMOTHY WILLIAMS CEO SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT X 2000000 2043511 0 1 1 2043511 FORM 990, PART I, LINE 6 VOLUNTEERS SERVED AS MEMBERS OF THE BOARD AND SUPERVISORY COMMITTEES FOR THE CREDIT UNION PROVIDING OVERSIGHT OF OPERATIONS AND POLICIES OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 6,300 MEMBERS AS OF DECEMBER 31, 2022. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD MEMBERS AND THE SUPERVISORY COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND CEO, THEN IT IS PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EVERY EMPLOYEE AND VOLUNTEER MUST SIGN AND ADHERE TO THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES PEER GROUP AVERAGES, GROWTH OF CREDIT UNION, MARKET SHARE GROWTH AND SUCCESS REGARDING THE BUSINESS AND STRATEGIC PLAN TO HELP DETERMINE THE CEO'S COMPENSATION. THE CREDIT UNION DOES NOT COMPENSATE OFFICERS AT THIS TIME. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER PUBLIC DOCUMENTS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S PLACE OF BUSINESS DURING BUSINESS HOURS. FORM 990, PART XII, 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SNOFALLS SERVICE CORPORATION PO BOX 2510 NORTH BEND WA 98045 911581577 LICENSING WA SNOFALLS CREDIT UNION C 67041 550722 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 SNO FALLS SERVICE CORPORATION A 47430 COST SNO FALLS HOLDING COMPANY A 7337 COST