Civic Intelligence

Point West Credit Union

990 • Fiscal year 2013 • EIN 93-0232289

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 24, 2014

Organization ProfileWWW.POINTWESTCU.COM

View Organization Page

718 NE 12th Avenue97232

(503) 546-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

0.94x

Higher debt load relative to assets than 99% of similar nonprofits.

2013 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

52nd percentile

18.73x

Higher debt load relative to revenue than 52% of similar nonprofits.

2013 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2013

Net Margin

52nd percentile

8.9%

Higher net margin than 52% of similar nonprofits.

2013 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$117,969

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2013 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2013

Asset Growth

76th percentile

5.1%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

18th percentile

-9.5%

Faster revenue growth than 18% of similar nonprofits.

2013 filings • $50M-$100M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$90,714,576

Up $4,394,603 (+5.1%) from 2012

Net Assets

Up

$5,468,435

Up $14,268 (+0.3%) from 2012

Liabilities

Up

$85,246,141

Up $4,380,335 (+5.4%) from 2012

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin52nd percentile

Revenue

$4,551,389

No earlier filing loaded for comparison.

Expenses

Down

$4,144,474

Down $131,137 (-3.1%) from 2012

Net Income

$406,915

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $82,934,859Liabilities 2010: $79,179,379Net Assets 2010: $3,755,4802010Assets 2011: $84,301,325Liabilities 2011: $79,421,316Net Assets 2011: $4,880,0092011Assets 2012: $86,319,973Liabilities 2012: $80,865,806Net Assets 2012: $5,454,1672012Assets 2013: $90,714,576Liabilities 2013: $85,246,141Net Assets 2013: $5,468,4352013Assets 2014: $93,966,059Liabilities 2014: $87,668,426Net Assets 2014: $6,297,6332014Assets 2015: $92,717,647Liabilities 2015: $86,117,519Net Assets 2015: $6,600,1282015Assets 2016: $98,884,895Liabilities 2016: $89,606,516Net Assets 2016: $9,278,3792016Assets 2017: $102,212,196Liabilities 2017: $93,744,657Net Assets 2017: $8,467,5392017Assets 2018: $97,952,437Liabilities 2018: $90,469,574Net Assets 2018: $7,482,8632018Assets 2019: $93,191,819Liabilities 2019: $84,913,920Net Assets 2019: $8,277,8992019Assets 2020: $105,048,611Liabilities 2020: $96,069,021Net Assets 2020: $8,979,5902020Assets 2021: $111,617,221Liabilities 2021: $102,211,878Net Assets 2021: $9,405,3432021Assets 2022: $107,931,239Liabilities 2022: $97,503,417Net Assets 2022: $10,427,8222022Assets 2023: $109,968,841Liabilities 2023: $99,117,527Net Assets 2023: $10,851,3142023Assets 2024: $110,377,484Liabilities 2024: $98,678,447Net Assets 2024: $11,699,0372024

Highlighted filing

2013

Assets$90,714,576
Liabilities$85,246,141
Net Assets$5,468,435
Open 2013 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $6,426,5122010Revenue 2011: $5,557,986Expenses 2011: $4,444,730Net Income 2011: $1,113,2562011Expenses 2012: $4,275,6112012Revenue 2013: $4,551,389Expenses 2013: $4,144,474Net Income 2013: $406,9152013Revenue 2014: $4,480,692Expenses 2014: $3,959,388Net Income 2014: $521,3042014Revenue 2015: $4,533,044Expenses 2015: $4,274,034Net Income 2015: $259,0102015Revenue 2016: $7,028,604Expenses 2016: $4,394,328Net Income 2016: $2,634,2762016Revenue 2017: $5,327,394Expenses 2017: $6,084,178Net Income 2017: -$756,7842017Revenue 2018: $5,730,922Expenses 2018: $6,710,183Net Income 2018: -$979,2612018Revenue 2019: $5,546,781Expenses 2019: $4,748,598Net Income 2019: $798,1832019Revenue 2020: $5,045,652Expenses 2020: $4,329,793Net Income 2020: $715,8592020Revenue 2021: $5,029,583Expenses 2021: $4,601,934Net Income 2021: $427,6492021Revenue 2022: $5,970,956Expenses 2022: $4,941,470Net Income 2022: $1,029,4862022Revenue 2023: $6,329,547Expenses 2023: $5,893,585Net Income 2023: $435,9622023Revenue 2024: $7,778,023Expenses 2024: $6,933,495Net Income 2024: $844,5282024

Highlighted filing

2013

Revenue$4,551,389
Expenses$4,144,474
Net Income$406,915
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 24, 2014
Return Version
2013v3.0
Gross Receipts
$4,551,389
Mission and Program Overview

Mission

To promote thrift among members by affording them the opportunity for accumulating their savings, to create for them a source of credit at a fair and reasonable rate of interest and to provide the opportunity for the members to use and control their money in order to improve their economic and social condition.

To perform credit union activities to benefit the members of the credit union and maintain the financial integrity of the credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$55,818,807$58,676,750▲ $2,857,943
Savings and Temporary Cash Investments$7,187,629$9,042,072▲ $1,854,443
Cash and Non-Interest-Bearing Accounts$10,037,638$9,032,087▼ $1,005,551
Investments in Publicly Traded Securities$6,344,106$7,074,391▲ $730,285
Rtn Earn Endowment Incm Other Fnds$5,454,167$5,468,435▲ $14,268
Land, Buildings, and Equipment, Net$3,488,644$3,441,549▼ $47,095
Receivables From Officers Etc$1,221,873$1,221,873→ $0
Investments Other Securities$663,529$655,729▼ $7,800
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$86,319,973$90,714,576▲ $4,394,603
Other Assets Total$1,557,747$1,570,125▲ $12,378
Liabilities
Other Liabilities$80,377,857$84,753,910▲ $4,376,053
Accounts Payable and Accrued Expenses$487,949$492,231▲ $4,282
Total Liabilities$80,865,806$85,246,141▲ $4,380,335
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,454,167$5,468,435▲ $14,268
Total Liabilities and Net Assets / Fund Balance$86,319,973$90,714,576▲ $4,394,603

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,299,749$664,009$1,963,758
Land$1,865,074-$1,865,074
Other Land Buildings$195,901$1,513,149$1,709,050
Equipment$31,986$599,194$631,180
Leasehold Improvements$48,839$11,818$60,657
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nick HodsonCo-CEO, TreasurerFT$108,745$9,224$117,969
Amy NelsonCo-CEOFT$107,277$9,380$116,657

Board Members and Trustees

NameTitle
John SavoryChair
Jake HammerVice Chair
Daniel HeinBoard Member
Josh KirbyBoard Member
Lewis TycerBoard Member
Sharon CowleyBoard Member
Susan LuceBoard Member
George HagerSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Visa DpsVisa Debt Card/atm Card Processing-$215,841
Osi (fiserv)Data Processing-$114,448
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,316,968
Investment Income
$234,421
Other Revenue
$0
Change in Net Assets
$406,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,551,389
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,551,389
Total Revenue per Form 990
$4,551,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,513,042
Salaries, Compensation, and Employee Benefits$1,627,366
Grants and Similar Amounts Paid$4,066
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,131,633
Interest---$317,441
Fees for Services Other---$304,491
Current Officers, Directors, Trustees, and Key Employees---$234,626
Occupancy---$178,998
Other Employee Benefits---$158,696
All Other Expenses---$155,041
Office Expenses---$154,301
Depreciation Depletion---$130,478
Advertising---$116,584
Payroll Taxes---$102,411
Fees for Services Accounting---$78,690
Insurance---$77,451
Fees for Services Legal---$30,471
Conferences and Meetings---$26,753
Information Technology---$21,964
Grants to Domestic Orgs---$4,066
Other Expenses---$-1,055
Total Functional Expenses$0$0$0$4,144,474

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,144,474
Total Expenses per Audited Statements$4,144,474
Total Expenses per Form 990$4,144,474
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$1,221,873$1,221,873→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARE AND SAVINGS ACCOUNTS$84,753,910
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“Governing documents were amended to reflect the change to a community charter credit union and to change the executive structure to a single ceo from a co-ceo structure.”

Form 990, Part VI, Section A, Line 6

“The credit union has one class of members.”

Form 990, Part VI, Section A, Line 7A

“The credit union membership elects the board of directors from among the credit union membership.”

Form 990, Part VI, Section A, Line 7B

“The decision to merge with another entity is reserved for the credit union's membership.”

Form 990, Part VI, Section B, Line 11

“The ceo and controller perform a comprehensive review of the form 990 before filing, including analysis of income and expense source and use.”

Form 990, Part VI, Section B, Line 12

“If a board member provides professional services to the credit union, the credit union obtains bids and reasonable assurance by management whether or not to obtain or continue services from the board member. Management is responsible for reporting potential conflicts to the board of directors or the state of oregon department of finance and corporate securities.”

Form 990, Part VI, Section C, Line 19

“The credit union's governing documents, conflict of interest policy and financial statements are made available to the public upon request. Financial statements are also posted at credit union branches.”

Filing and Contact Details

Filer

EIN
93-0232289
Phone
5035465000

Signing Officer

Name
Brian Griffis
Title
Controller
Phone
5035465000
Signed
2014-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Nelson
Formed
1996
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
32
Volunteers
10

Preparer

Preparer
Rebecca Griffith
Phone
5032421447
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Fin 48 (asc 740) footnote - the credit union had no unrecognized tax benefits at december 31, 2013 and 2012. Interest and penalties related to unrecognized tax benefits are recognized by the credit union as an administrative expense. During the years ended december 31, 2013 and 2012, the credit union recognized no interest and penalties.”

Raw XML AppendixShowing 400 of 420 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0487949
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0492231
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PERFORM CREDIT UNION ACTIVITIES TO BENEFIT THE MEMBERS OF THE CREDIT UNION AND MAINTAIN THE FINANCIAL INTEGRITY OF THE CREDIT UNION.
IRS990/AdvertisingGrp/TotalAmt0116584
IRS990/AllOtherExpensesGrp/TotalAmt0155041
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10BRIAN GRIFFIS
IRS990/BooksInCareOfDetail/PhoneNum05035465381
IRS990/BooksInCareOfDetail/USAddress/AddressLine10718 NE 12TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/City0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/State0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCode097232
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt010037638
IRS990/CashNonInterestBearingGrp/EOYAmt09032087
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0234626
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt026753
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0215841
IRS990/ContractorCompensationGrp/CompensationAmt1114448
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10PO BOX 99924
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine11PO BOX 636001
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0GRAPEVINE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City1HIGHLANDS RANCH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State1CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode076099
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode1801636001
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10VISA DPS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine11OSI (FISERV)
IRS990/ContractorCompensationGrp/ServicesDesc0VISA DEBT CARD/ATM CARD PROCESSING
IRS990/ContractorCompensationGrp/ServicesDesc1DATA PROCESSING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt04066
IRS990/CYInvestmentIncomeAmt0234421
IRS990/CYOtherExpensesAmt02513042
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04316968
IRS990/CYRevenuesLessExpensesAmt0406915
IRS990/CYSalariesCompEmpBnftPaidAmt01627366
IRS990/CYTotalExpensesAmt04144474
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04551389
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0130478
IRS990/Desc0NORMAL CREDIT UNION OPERATIONS, INCLUDING LENDING, DEPOSIT PRODUCTS AND FEE SERVICES FOR THE CREDIT UNION'S MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt078690
IRS990/FeesForServicesLegalGrp/TotalAmt030471
IRS990/FeesForServicesOtherGrp/TotalAmt0304491
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt89380
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt99224
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN SAVORY
IRS990/Form990PartVIISectionAGrp/PersonNm1JAKE HAMMER
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE HAGER
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN LUCE
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON COWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5LEWIS TYCER
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSH KIRBY
IRS990/Form990PartVIISectionAGrp/PersonNm7DANIEL HEIN
IRS990/Form990PartVIISectionAGrp/PersonNm8AMY NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm9NICK HODSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8107277
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9108745
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CO-CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CO-CEO, TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04066
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04551389
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt021964
IRS990/InsuranceGrp/TotalAmt077451
IRS990/InterestGrp/TotalAmt0317441
IRS990/InvestmentIncomeGrp/ExclusionAmt0234421
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0234421
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0663529
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0655729
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06344106
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07074391
IRS990/IRPDocumentCnt01158
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02788170
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03488644
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03441549
IRS990/LandBldgEquipCostOrOtherBssAmt06229719
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THRIFT AMONG MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05454167
IRS990/NetAssetsOrFundBalancesEOYAmt05468435
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-392647
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0178998
IRS990/OfficeExpensesGrp/TotalAmt0154301
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01557747
IRS990/OtherAssetsTotalGrp/EOYAmt01570125
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0158696
IRS990/OtherExpensesGrp/Desc0MEMBER PRODUCT EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2NCUA ASSESSMENTS
IRS990/OtherExpensesGrp/Desc3LOAN LOSS PROVISION
IRS990/OtherExpensesGrp/TotalAmt0776176
IRS990/OtherExpensesGrp/TotalAmt177762
IRS990/OtherExpensesGrp/TotalAmt267496
IRS990/OtherExpensesGrp/TotalAmt3-1055
IRS990/OtherLiabilitiesGrp/BOYAmt080377857
IRS990/OtherLiabilitiesGrp/EOYAmt084753910
IRS990/OtherSalariesAndWagesGrp/TotalAmt01131633
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt055818807
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt058676750
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0102411
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AMY NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES & FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER NONINTEREST INC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03169817
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11035782
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt271674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03169817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11046040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2101111
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt010258
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt129437
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt089206
IRS990/PYOtherExpensesAmt02692065
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04756788
IRS990/PYRevenuesLessExpensesAmt0570383
IRS990/PYSalariesCompEmpBnftPaidAmt01583546
IRS990/PYTotalExpensesAmt04275611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04845994
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt01221873
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01221873
IRS990/ReconcilationRevenueExpnssAmt0406915
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05454167
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05468435
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07187629
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09042072
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01299749
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0664009
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01963758
IRS990ScheduleD/EquipmentGrp/BookValueAmt031986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0599194
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0631180
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04144474
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01865074
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01865074
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048839
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011818
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt060657
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0195901
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01513149
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01709050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt084753910
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04551389
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 (ASC 740) FOOTNOTE - THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2013 AND 2012. INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS ARE RECOGNIZED BY THE CREDIT UNION AS AN ADMINISTRATIVE EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2013 AND 2012, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03441549
IRS990ScheduleD/TotalExpensesPerForm990Amt04144474
IRS990ScheduleD/TotalLiabilityAmt084753910
IRS990ScheduleD/TotalRevenuePerForm990Amt04551389
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04551389
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04144474
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0616481
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1605392
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO FUND A SPLIT-DOLLAR LIFE INSURANCE POLICY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1TO FUND A SPLIT-DOLLAR LIFE INSURANCE POLICY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0616481
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1605392
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0AMY NELSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1NICK HODSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CO-CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CO-CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt01221873
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING DOCUMENTS WERE AMENDED TO REFLECT THE CHANGE TO A COMMUNITY CHARTER CREDIT UNION AND TO CHANGE THE EXECUTIVE STRUCTURE TO A SINGLE CEO FROM A CO-CEO STRUCTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAS ONE CLASS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION MEMBERSHIP ELECTS THE BOARD OF DIRECTORS FROM AMONG THE CREDIT UNION MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DECISION TO MERGE WITH ANOTHER ENTITY IS RESERVED FOR THE CREDIT UNION'S MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CEO AND CONTROLLER PERFORM A COMPREHENSIVE REVIEW OF THE FORM 990 BEFORE FILING, INCLUDING ANALYSIS OF INCOME AND EXPENSE SOURCE AND USE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF A BOARD MEMBER PROVIDES PROFESSIONAL SERVICES TO THE CREDIT UNION, THE CREDIT UNION OBTAINS BIDS AND REASONABLE ASSURANCE BY MANAGEMENT WHETHER OR NOT TO OBTAIN OR CONTINUE SERVICES FROM THE BOARD MEMBER. MANAGEMENT IS RESPONSIBLE FOR REPORTING POTENTIAL CONFLICTS TO THE BOARD OF DIRECTORS OR THE STATE OF OREGON DEPARTMENT OF FINANCE AND CORPORATE SECURITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED AT CREDIT UNION BRANCHES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt086319973
IRS990/TotalAssetsEOYAmt090714576
IRS990/TotalAssetsGrp/BOYAmt086319973
IRS990/TotalAssetsGrp/EOYAmt090714576
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/TotalAmt04144474
IRS990/TotalGrossUBIAmt039695
IRS990/TotalLiabilitiesBOYAmt080865806
IRS990/TotalLiabilitiesEOYAmt085246141
IRS990/TotalLiabilitiesGrp/BOYAmt080865806
IRS990/TotalLiabilitiesGrp/EOYAmt085246141
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05454167
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05468435
IRS990/TotalOtherCompensationAmt018604
IRS990/TotalProgramServiceRevenueAmt04316968
IRS990/TotalReportableCompFromOrgAmt0216022
IRS990/TotalRevenueGrp/ExclusionAmt0234421
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04277273
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04551389
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt039695
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt086319973
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt090714576
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10718 NE 12TH AVENUE
IRS990/USAddress/City0PORTLAND
IRS990/USAddress/State0OR
IRS990/USAddress/ZIPCode097232
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.POINTWESTCU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN GRIFFIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum05035465000
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10POINT WEST CREDIT UNION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,714,576
Liabilities
$85,246,141
Net assets
$5,468,435
Revenue
$4,551,389
Expenses
$4,144,474
Net income
$406,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$110$98.7$11.7$7.78$6.93$0.84
2023Detailed filing. Detailed filing data is available for this year.$110$99.1$10.9$6.33$5.89$0.44
2022Detailed filing. Detailed filing data is available for this year.$108$97.5$10.4$5.97$4.94$1.03
2021Detailed filing. Detailed filing data is available for this year.$112$102$9.41$5.03$4.60$0.43
2020Detailed filing. Detailed filing data is available for this year.$105$96.1$8.98$5.05$4.33$0.72
2019Detailed filing. Detailed filing data is available for this year.$93.2$84.9$8.28$5.55$4.75$0.80
2018Detailed filing. Detailed filing data is available for this year.$98.0$90.5$7.48$5.73$6.71$0.98
2017Detailed filing. Detailed filing data is available for this year.$102$93.7$8.47$5.33$6.08$0.76
2016Detailed filing. Detailed filing data is available for this year.$98.9$89.6$9.28$7.03$4.39$2.63
2015Detailed filing. Detailed filing data is available for this year.$92.7$86.1$6.60$4.53$4.27$0.26
2014Detailed filing. Detailed filing data is available for this year.$94.0$87.7$6.30$4.48$3.96$0.52
2013Detailed filing. Detailed filing data is available for this year.$90.7$85.2$5.47$4.55$4.14$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.3$80.9$5.45$4.28
2011Summary only. Only limited summary data is available for this year.$84.3$79.4$4.88$5.56$4.44$1.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.9$79.2$3.76$6.43
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $50M-$100M nonprofits