2025-11-14T17:28:42-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2024-01-01 910616262 GESA CREDIT UNION GESA 5093783100 51 GAGE BLVD RICHLAND WA 99352 KURT JOHNSON CFO 5093783100 2025-11-11 1 1 EMINA O CRESSWELL P01217304 5097472600 2025-11-11 2024 2025-03-06 01:10:19Z DON C MILLER 51 GAGE BLVD RICHLAND WA 99352 331714288 0 1269 X WWW.GESA.COM X 1953 WA GESA CREDIT UNION'S MISSION IS TO HELP MEMBERS PROSPER BY EMPOWERING OUR MEMBERS THROUGH FINANCIAL EDUCATION AND PROVIDING ACCESS TO A BROAD RANGE OF VALUED AND COST EFFECTIVE FINANCIAL PRODUCTS AND SERVICES. 11 11 1088 4 1281711 581535 0 0 269264856 295610628 20711561 35629748 410417 440813 290386834 331681189 767341 689851 0 0 73462173 80706140 0 0 0 165898720 215391282 240128234 296787273 50258600 34893916 5461068630 5629623348 4942354466 5070970185 518714164 558653163 MEMBERS HAVE ACCESS TO A BROAD RANGE OF FINANCIAL PRODUCTS AND SERVICES THAT ENABLE THEM TO PROSPER AT A COST JUSTIFIED BY THE RESULT. 0 0 OFFER COMPREHENSIVE RANGE AND COMPETITIVELY PRICED LOAN PRODUCTS TO MEMBERS. GESA OFFERS A WIDE RANGE OF LOAN PRODUCTS INCLUDING, BUT NOT LIMITED TO, AUTOS, RVS, MARINE EQUIPMENT, FIRST MORTGAGE, HOME EQUITY, CREDIT CARD, COMMERCIAL AND VARIOUS SECURED AND UNSECURED LOANS. OFFER COMPREHENSIVE AND COMPETITIVELY YIELDING SAVINGS PRODUCTS TO MEMBERS. GESA OFFERS A WIDE VARIETY OF SAVINGS PRODUCTS TO MEMBERS, WHICH INCLUDE, BUT ARE NOT LIMITED TO BASIC SAVINGS, HOLIDAY CLUB, VACATION CLUB, COMMERCIAL SAVINGS, CERTIFICATE ACCOUNTS, IRA CERTIFICATES, IRA SAVINGS AND MONEY MARKET ACCOUNTS. GESA CONTINUES TOBE A LEADER IN OUR AREA ON SAVINGS ACCOUNT RATES. OFFER LOW COST SERVICES TO MEMBERS WHICH WILL ENABLE THEM TO ACHIEVE THEIR DESIRED FINANCIAL GOALS. 0 0 1 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 100797 0 1 1088 1 1 1 0 0 0 0 0 1 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 1 1 X KURT JOHNSON 5093783100 51 GAGE BLVD RICHLAND WA 99352 GREGG ANDREWS BOARD MEMBER 5.00 X 23750 0 0 JESSICA SCHNEIDER BOARD MEMBER 5.00 X 23750 0 0 BRETT SPOONER BOARD SECRETARY 5.00 X X 23750 0 0 BEN BASSON BOARD MEMBER 5.00 X 23750 0 0 ANDREW AUSTIN BOARD MEMBER 5.00 X 23750 0 0 BILL MELBERG BOARD MEMBER & COMMITTEE CHAIR 5.00 X 28500 0 0 GEOF GRIEBEL BOARD CHAIR 5.00 X X 35250 0 0 MARTIN VALADEZ TORRES BOARD VICE CHAIR 5.00 X X 23750 0 0 PETER SMITH BOARD MEMBER & COMMITTEE CHAIR (THRU 4/2024) 5.00 X 14407 0 0 ROBERT FOLLETT BOARD MEMBER & COMMITTEE CHAIR 5.00 X 28500 0 0 LINDA COWAN BOARD MEMBER 5.00 X 23750 0 0 MANUEL CHAVALLO BOARD MEMBER 5.00 X 23750 0 0 CHERYL ADAMSON EVP OF LEGAL AND ADMINISTRATION 50.00 X 342427 0 172510 CHERYL BROWN EVP OF MEMBER SUPPORT & SERVICE 50.00 X 360528 0 192810 KEVEN GRAY EVP OF MEMBER FULFILLMENT/RETAIL 50.00 X 366837 0 196381 KURT JOHNSON CHIEF FINANCIAL OFFICER 50.00 X 198545 0 31644 ANDREW CHUNG CHIEF INFORMATION OFFICER 50.00 0.50 X 302453 0 177434 DON C MILLER PRESIDENT/CEO 50.00 X 2126279 0 616693 SCOTT BLEEKER SR COMMERCIAL LOAN OFFICER 40.00 X 290297 0 59050 GREGORY PARTCH SR COMMERCIAL LOAN OFFICER 40.00 X 289677 0 33185 RICHARD FISHER AVP COMMERCIAL MANAGER/TEAM LEADER 40.00 X 360163 0 24515 SUNWAN SHON SBA SALES MANAGER/TEAM LEADER 40.00 X 363895 0 46871 BENJAMIN RUTLEDGE VP OF COMMERCIAL SERVICES 40.00 0.50 X 598601 0 99255 5896359 0 1650348 154 0 1 0 COPACINO & FUJIKADO LLC 1425 4TH AVE SUITE 700 SEATTLE WA 98101 MARKETING PRODUCTION 4180166 COOK SOLUTIONS GROUP 9225 NE CASCADES PARKWAY PORTLAND OR 97220 SECURITY SERVICES 3439228 FISERV INC 75 REMITTANCE DR SUITE 6942 CHICAGO IL 60675 DATA PROC PROVIDER 2883335 MEMBER ACCESS PROCESSING LLC 20829 72ND AVE S STE 600 KENT WA 98032 DEBIT CARD PROCESSOR 2357285 LENDERS PRO LLC 1501 S MOPAC EXPRESSWAY STE 450 AUSTIN TX 78746 THIRD PARTY LENDING SYS 2275470 114 LOAN INTEREST 522100 243290886 243290886 VISA/DEBIT CARD INCOME 522100 24006535 24006535 FEES & CHARGES INCOME 522100 23381138 23197966 183172 OTHER INCOME 522100 4932069 3882637 1049432 295610628 32398659 32398659 391706 49107 0 0 391706 49107 440813 49107 391706 3251188 13000 0 33099 3251188 -20099 3231089 3231089 331681189 294378024 1281711 36021454 590101 99750 5444026 59336754 4205444 6337147 5382769 587066 354199 14174015 11204140 21531859 3454713 1416062 107893 103165763 17694855 610839 UBI TAXES 64677 PROV FOR LOAN LOSS 29101494 CREDIT/COLLECTION COSTS 7867698 FRAUD EXPENSE 2560364 1495645 296787273 483217077 399551331 50096276 47543107 36832145 58641944 4245739516 4495356698 11980093 12351133 188019392 74989263 112602909 113030129 357827324 333650450 375010 5430010 81626586 79106948 80771694 84961598 5461068630 5629623348 68600850 59650547 1395981 685456 -406868 -245490 392500000 407500000 4480264503 4603379672 4942354466 5070970185 X 0 0 0 0 518714164 558653163 518714164 558653163 5461068630 5629623348 X 34893916 3665514 1379569 X 0 0 0 55171 55171 55171 1 CREDIT UNION LEGISLATIVE ACTION FUND 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 910616262 55171 PART I-C, LINE 1 THE CREDIT UNIONS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY IS A CONTRIBUTION TO THE CREDIT UNION LEGISLATION ACTION COMMITTEE. 0 1 X 20621735 20621735 90608336 20054883 70553453 2459909 1645795 814114 69003664 53288585 15715079 5325748 5325748 113030129 GOVERNMENT AGENCY DEBENTURE NOTES AND BONDS 81408899 C INVESTMENTS AVAILABLE FOR SALE 184788616 F MORTGAGE BACKED SECURITIES 60901089 C BENEFIT INVESTMENT 6551846 C 333650450 MEMBER DEPOSITS AND ACCOUNTS 4588504408 DEFERRED COMPENSATION LIABILITY 14875264 4603379672 PART IV, LINE 2B: GESA MAINTAINS FIRST MORTGAGE ESCROWS IN A LIABILITY ACCOUNT ON THE BALANCE SHEET AND MAKES NECESSARY PAYMENTS FROM THIS ACCOUNT. 1 GESA COMMUNITY FOUNDATION PO BOX 500 RICHLAND WA 99352 882053935 501(C)(3) 521521 0 COLLEGE SCHOLARSHIPS AND COMMUNITY SUPPORT THE MEMORIAL FOUNDATION PO BOX 500 RICHLAND WA 993520500 911022358 501(C)(3) 50000 0 SUPPORT HEALTHCARE PROGRAMS 2 0 COLLEGE SCHOLARSHIPS 35 99750 PART I, LINE 2: PAYMENT OF SCHOLARSHIP AWARDS IS MADE DIRECTLY TO A COLLEGE OR UNIVERSITY UPON VERIFICATION OF THE RECIPIENT'S ENROLLMENT. FAILURE TO MAINTAIN FULL TIME STATUS AT SCHOOL WILL RESULT IN THE CANCELLATION OF SCHOLARSHIPS AND ALL UNUSED FUNDS ARE RETURNED TO GESA CREDIT UNION. THE ORGANIZATION KEEPS RECEIPTS, HOWEVER, THE ORGANIZATION DOES NOT HAVE A PROCESS IN PLACE TO TRACK THE ELIGIBILITY FOR DONATIONS OTHER THAN THAT THE DONATIONS ARE TO REPUTABLE ORGANIZATIONS. 1 X X 0 1 0 DON C MILLER PRESIDENT/CEO 931181 0 138146 0 1056952 0 600820 0 15873 0 2742972 0 1000000 0 BENJAMIN RUTLEDGE VP OF COMMERCIAL SERVICES 255534 0 73456 0 269611 0 83382 0 15873 0 697856 0 255598 0 KEVEN GRAY EVP OF MEMBER FULFILLMENT/RETAIL 322373 0 30642 0 13822 0 171296 0 25085 0 563218 0 0 0 CHERYL BROWN EVP OF MEMBER SUPPORT & SERVICE 314800 0 30594 0 15134 0 177505 0 15305 0 553338 0 0 0 CHERYL ADAMSON EVP OF LEGAL AND ADMINISTRATION 301031 0 27574 0 13822 0 165298 0 7212 0 514937 0 0 0 ANDREW CHUNG CHIEF INFORMATION OFFICER 259105 0 30648 0 12700 0 155845 0 21589 0 479887 0 0 0 SUNWAN SHON SBA SALES MANAGER/TEAM LEADER 151381 0 211512 0 1002 0 25354 0 21517 0 410766 0 0 0 RICHARD FISHER AVP COMMERCIAL MANAGER/TEAM LEADER 196441 0 161798 0 1924 0 2926 0 21589 0 384678 0 0 0 SCOTT BLEEKER SR COMMERCIAL LOAN OFFICER 154926 0 133855 0 1516 0 32859 0 26191 0 349347 0 0 0 GREGORY PARTCH SR COMMERCIAL LOAN OFFICER 164488 0 123986 0 1203 0 25973 0 7212 0 322862 0 0 0 KURT JOHNSON CHIEF FINANCIAL OFFICER 192693 0 0 0 5852 0 19006 0 12638 0 230189 0 0 0 PART I, LINE 4B DON MILLER, PRESIDENT/CEO, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $553,045. THE AMOUNT DISTRIBUTED WAS $1,000,000. CHERYL BROWN, EVP OF MEMBER SUPPORT & SERVICE, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $144,075. BENJAMIN RUTLEDGE, VP OF COMMERCIAL SERVICES, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $75,458. THE AMOUNT DISTRIBUTED WAS $255,598. KEVEN GRAY, EVP OF MEMBER FULFILLMENT/RETAIL, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $137,816. CHERYL ADAMSON, EVP OF LEGAL & ADMINISTRATION, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $132,016. ANDREW CHUNG, CHIEF INFORMATION OFFICER, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $130,388. KURT JOHNSON, CHIEF FINANCIAL OFFICER, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT ACCRUED IN 2024 WAS $0. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS COMPOSED OF ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ASSISTANT CONTROLLER AND THE VP OF ACCOUNTING AND FINANCE REVIEW THE CREDIT UNION'S FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH EMPLOYEE HAS THE RESPONSIBILITY FOR DEMONSTRATING THEIR COMPLIANCE WITH THIS POLICY, AND ALL POTENTIAL EMPLOYEES WILL REVIEW AND SIGN THIS POLICY BEFORE CONSIDERATION FOR EMPLOYMENT. THE CONFLICT OF INTEREST POLICY IS MONITORED DURING BOARD MEETINGS. BOARD CONFLICT DECLARATION AND POLICY ADHERENCE IS DOCUMENTED IN THE BOARD MEETING MINUTES. NO DIRECTOR OR COMMITTEE MEMBER OF THE CREDIT UNION IS ALLOWED TO PARTICIPATE IN THE DELIBERATION OF ANY QUESTION AFFECTING THEIR OWN FINANCIAL INTEREST. SUCH DIRECTOR OR COMMITTEE MEMBER WILL WITHDRAW FROM THE DELIBERATION AND DECISION UPON SUCH INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE CREDIT UNION'S PROCEDURES FOR DETERMINING COMPENSATION OF THE CEO INCLUDE COMPENSATION SURVEYS AND APPROVAL BY THE BOARD. COMPENSATION IS REVIEWED ON AN ANNUAL BASIS AND DOCUMENTED IN THE MEETING MINUTES OF THE EXECUTIVE BOARD SESSION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN OTHER COMPREHENSIVE INCOME 1,379,569. GESA COMMUNITY FOUNDATION PO BOX 500 RICHLAND WA 99352 882053935 PUBLIC CHARITY WA 501(C)(3) LINE 7 GESA CREDIT UNION 1 VALORFI HEROES FOUNDATION 51 GAGE BLVD RICHLAND WA 99352 994889151 PUBLIC CHARITY WA 501(C)(3) LINE 7 GESA CREDIT UNION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GESA COMMUNITY FOUNDATION B 521521 FMV