TY 2019 Form 990

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

NORTHWEST FINANCIAL ASSOCIATIONS'
EMPLOYEE BENEFIT TRUST

Employer identification number

91-1040636

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2019

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..		0

Schedule D (Form 990) 2019

Page 3

Part VII

InvestmentsOther Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RESERVES HELD BY INSURANCE CARRIERS				795,126
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				795,126

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	31,913
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2019

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1	33,441,814
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e	0
3	Subtract line 2e from line 1..................		3	33,441,814
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5	33,441,814

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	33,323,629
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	33,323,629
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b	-150,603
c	Add lines 4a and 4b.....................			4c	-150,603
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	33,173,026

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2016.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	CHANGE IN PREMIUMS PAYABLE

Return Reference

Explanation

PART X, LINE 2:

MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2016.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

CHANGE IN PREMIUMS PAYABLE

Schedule D (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

NORTHWEST FINANCIAL ASSOCIATIONS'
EMPLOYEE BENEFIT TRUST

Employer identification number

91-1040636

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 3	BROWN & BROWN INSURANCE IS THE PROGRAM MANAGER FOR THE TRUST. VIMLY BENEFIT SOLUTIONS, INC. WAS THE CONTRACT ADMINISTRATOR RESPONSIBLE FOR ALL BILLING AND ELIGIBILITY.
FORM 990, PART VI, SECTION B, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CURRENTLY, THERE IS NO CONFLICT OF INTEREST POLICY.
FORM 990, PART XII, LINE 2C	THE FINANCE/AUDIT COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

NORTHWEST FINANCIAL ASSOCIATIONS'
EMPLOYEE BENEFIT TRUST

Employer identification number

91-1040636

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)ALASKA AIR GROUP CREDIT UNION 19530 INTL BLVD STE 108 SEATTLE,WA981885483 92-0020854	CREDIT UNION	WA			N/A		No
(2)AMERICAN LAKE CREDIT UNION 9900 VETERANS DR SW TACOMA,WA98493 91-0564948	CREDIT UNION	WA			N/A		No
(3)BENTON COUNTY SCHOOLS CREDIT UNION 2010 NW PROFESSIONAL DR CORVALLIS,OR97330 93-0465079	CREDIT UNION	WA			N/A		No
(4)BLUE MOUNTAIN CREDIT UNION 520 S COLLEGE AVENUE COLLEGE PLACE,WA99324 91-0722102	CREDIT UNION	WA			N/A		No
(5)CASCADE CENTRAL CREDIT UNION 1206 12TH STREET HOOD RIVER,OR97031 93-0513239	CREDIT UNION	WA			N/A		No
(6)CASCADE COMMUNITY CREDIT UNION 1123 W HARVARD ROSEBURG,OR97470 93-0458542	CREDIT UNION	WA			N/A		No
(7)COLLEGE SPARK WASHINGTON 190 QUEEN ANNE AVENUE NSTE 260 SEATTLE,WA98109 91-1215725	COLLEGE ACCESS AND FINANCIAL AID PROGRAMS	WA			N/A		No
(8)COMMUNITY 1ST CREDIT UNION 955 ROSS LOOP STE 100 DUPONT,WA98327 91-0403380	CREDIT UNION	WA			N/A		No
(9)COMMUNITY BANKERS OF WASHINGTON OFFICE 410 11TH AVE SE STE 205 OLYMPIA,WA98501 91-1470641	ASSOCIATION	WA			N/A		No
(10)COMMUNITY HEALTHCARE FEDERAL CREDIT UNION 1503 PACIFIC AVE EVERETT,WA982014013 91-0721277	CREDIT UNION	WA			N/A		No
(11)CONNECTION CREDIT UNION 10200 SILVERDALE WAY NW SILVERDALE,WA98383 91-0722603	CREDIT UNION	WA			N/A		No
(12)COULEE DAM FEDERAL CREDIT UNION 402 N COLUMBIA AVENUE COULEE DAM,WA99116 91-0495464	CREDIT UNION	WA			N/A		No
(13)CREDIT UNION INSURANCE SERVICES INC 601 W MALLON SPOKANE,WA99201 91-1383768	SERVICE CENTER	WA			N/A		No
(14)CU DEALER DIRECT LLC 6004 CAPITOL BLVD SE TUMWATER,WA98501 91-2092838	CREDIT UNION	WA			N/A		No
(15)EXPORT FINANCE ASSISTANCE CENTER 2001 6TH AVE SUITE 2600 SEATTLE,WA98121 91-1255517	CONSULTANCY	WA			N/A		No
(16)EXPRESS CREDIT UNION 1930 6TH AVE S STE 104 SEATTLE,WA98134 91-0573334	CREDIT UNION	WA			N/A		No
(17)GRANCO FEDERAL CREDIT UNION 217 ALDER STREET SW EPHRATA,WA988230127 91-0717118	CREDIT UNION	WA			N/A		No
(18)GREAT NORTHWEST FEDERAL CREDIT UNION 301 W WISHKAH ST ABERDEEN,WA98520 91-0677558	CREDIT UNION	WA			N/A		No
(19)HORIZON CREDIT UNION 13224 E MANSFIELD AVE STE 300 SPOKANE VALLEY,WA99216 91-0567788	CREDIT UNION	WA			N/A		No
(20)LINN CO FEDERAL CREDIT UNION 485 SECOND STREET LEBANON,OR97355 93-0497535	CREDIT UNION	OR			N/A		No
(21)LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION 1209 INGALLS ST VANCOUVER,WA98660 91-0676209	CREDIT UNION	WA			N/A		No
(22)MT RAINIER FEDERAL CREDIT UNION 303 W MEEKER PUYALLUP,WA983715377 91-0853249	CREDIT UNION	WA			N/A		No
(23)NEWRIZONS FEDERAL CREDIT UNION 120 FIRMAN AVE HOQUIAM,WA98550 91-0814137	CREDIT UNION	WA			N/A		No
(24)NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD STE 350 SEATTLE,WA98118 91-0460483	ASSOCIATION	WA			N/A		No
(25)NUMERICA CREDIT UNION 14610 E SPRAGUE AVE SPOKANE VALLEY,WA99216 91-0863377	CREDIT UNION	WA			N/A		No
(26)OLD WEST FEDERAL CREDIT UNION 650 WEST MAIN STREET JOHN DAY,OR97845 93-6024676	CREDIT UNION	OR			N/A		No
(27)OUR COMMUNITY CREDIT UNION 526 W CEDAR ST SHELTON,WA98584 91-0567189	CREDIT UNION	WA			N/A		No
(28)PACIFIC CREST FEDERAL CREDIT UNION 2972 WASHBURN WAY KLAMATH FALLS,OR97603 93-0348780	CREDIT UNION	OR			N/A		No
(29)PROGRESSIONS CREDIT UNION 2919 E MISSION AVE SPOKANE,WA992023624 91-0419495	CREDIT UNION	WA			N/A		No
(30)PUGET SOUND REFINERY FEDERAL CREDIT UNION 12275 BARTHOLOMEW RD ANACORTES,WA98221 91-0688567	CREDIT UNION	WA			N/A		No
(31)SAFEWAY FEDERAL CREDIT UNION 529 E NORTH FOOTHILLS DR SPOKANE,WA992072157 91-0719885	CREDIT UNION	WA			N/A		No
(32)SNO FALLS CREDIT UNION 9025 MEADOWBROOK WAY SE SNOQUALMIE,WA98065 91-0693631	CREDIT UNION	WA			N/A		No
(33)SPOKANE CITY CREDIT UNION 1930 N MONROE ST SPOKANE,WA99205 91-0598454	CREDIT UNION	WA			N/A		No
(34)CANOPY CREDIT UNION 601 W MALLON AVE SPOKANE,WA992012100 91-0672401	CREDIT UNION	WA			N/A		No
(35)SPOKANE MEDIA FEDERAL CREDIT UNION 6103 N ASTOR ST SPOKANE,WA99208 91-0610124	CREDIT UNION	WA			N/A		No
(36)TACOMA LONGSHOREMEN CREDIT UNION 3602 ALEXANDER AVE TACOMA,WA984241110 91-0760837	CREDIT UNION	WA			N/A		No
(37)TIMBERLAND BANK 624 SIMPSON AVENUE HOQUIAM,WA98550 91-0260220	BANKING	WA			N/A		No
(38)TRI-CITIES COMMUNITY FEDERAL CREDIT UNION 2626 W KENNEWICK AVE KENNEWICK,WA99336 91-0864218	CREDIT UNION	WA			N/A		No
(39)USAGENCIES CREDIT UNION 95 SW TAYLOR ST PORTLAND,OR97204 93-0256538	CREDIT UNION	OR			N/A		No
(40)VALLEY CREDIT UNION 2096 MISSION STREET SE SALEM,OR97302 93-6027729	CREDIT UNION	OR			N/A		No
(41)VERITY CREDIT UNION 11027 MERIDIAN AVE N SEATTLE,WA98133 91-0219005	CREDIT UNION	WA			N/A		No
(42)WASHINGTON COMMUNITY REINVESTMENT ASSOCIATION 1200 5TH AVE SUITE 1406 SEATTLE,WA98101 91-1522679	NON-PROFIT LENDER	WA			N/A		No
(43)WATERFRONT FEDERAL CREDIT UNION 2414 SW ANDOVER ST STE E100 SEATTLE,WA981061156 91-0774478	CREDIT UNION	WA			N/A		No
(44)WCLA CREDIT UNION 2419 PACIFIC AVE OLYMPIA,WA985012065 91-1274190	CREDIT UNION	WA			N/A		No
(45)WESTEDGE FEDERAL CREDIT UNION 2501 JAMES ST BELLINGHAM,WA98225 91-0657482	CREDIT UNION	WA			N/A		No
(46)QUALSTAR CREDIT UNION 32133 152ND AVE NE REDMOND,WA98052 91-6035907	CREDIT UNION	WA			N/A		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2019

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) BAKER BOYER NATIONAL BANK 7 W MAIN WALLA WALLA,WA99362 91-0135040	BANKING	WA	N/A	C				No
(2) COMMENCEMENT BANK 1102 COMMERCE STREET TACOMA,WA98402 20-5847225	BANKING	WA	N/A	C				No
(3) COMMUNITY 1ST BANK 707 N POST ST POST FALLS,ID83854 20-5505699	BANKING	ID	N/A	C				No
(4) COMMUNITY BANKERS OF WASHINGTON OFFICE 410 11TH AVE SE STE 205 OLYMPIA,WA98501 91-1470641	ASSOCIATION	WA	N/A	C				No
(5) COMMUNITY FIRST BANK 6401 WEST CLEARWATER AVE KENNEWICK,WA99336 91-1873460	BANKING	WA	N/A	C				No
(6) CRAFT3 42 7TH STREET STE 100 ASTORIA,OR97103 91-1662698	CONSUMER LENDING	OR	N/A	C				No
(7) FARMERS STATE BANK-WINTHROP 159 RIVERSIDE AVE WINTHROP,WA98862 91-0217730	BANKING	WA	N/A	C				No
(8) FARMINGTON STATE BANK 103 N 1ST STREET FARMINGTON,WA99128 91-0217890	BANKING	WA	N/A	C				No
(9) FIRST SOUND BANK 925 4TH AVENUE STE 2350 SEATTLE,WA98104 20-1274248	BANKING	WA	N/A	C				No
(10) IMPACT CAPITAL 701 PIKE ST STE 1645 SEATTLE,WA98101 94-3196958	NON-PROFIT LENDER	WA	N/A	C				No
(11) KITSAP BANK 619 BAY STREET PORT ORCHARD,WA98366 91-0283150	BANKING	WA	N/A	C				No
(12) LAMONT BANK OF ST JOHN 6 E FRONT STREET ST JOHN,WA99171 91-0288250	BANKING	WA	N/A	C				No
(13) LEWIS & CLARK BANK 1900 MCLOUGHLIN BLVD OREGON CITY,OR97045 20-5529694	BANKING	OR	N/A	C				No
(14) OLYMPIA FEDERAL SAVINGS 421 SOUTH CAPITAL WAY OLYMPIA,WA98501 91-0346300	FINANCIAL	WA	N/A	C				No
(15) OREGON BANKERS ASSOCIATION 777 13TH STREET S E SUITE 130 SALEM,OR97301 93-0241680	ASSOCIATION	OR	N/A	C				No
(16) OREGON COAST BANK 909 SE BAY BLVD NEWPORT,OR97365 30-0072193	BANKING	OR	N/A	C				No
(17) PACIFIC CREST SAVINGS BANK 3500 188TH ST SW SUITE 575 LYNNWOOD,WA98037 91-1859716	BANKING	WA	N/A	C				No
(18) PACIFIC WEST BANK 2040 8TH AVENUE WEST LINN,OR97068 20-1753276	BANKING	OR	N/A	C				No
(19) RAYMOND FEDERAL BANK 202 DURYEA STREET RAYMOND,WA98577 91-0380440	BANKING	WA	N/A	C				No
(20) RIVER BANK 202 E SPOKANE FALLS BLVD STE 400 SPOKANE,WA99202 20-4748231	BANKING	WA	N/A	C				No
(21) SAVIBANK 1854 S BURLINGTON BLVD BURLINGTON,WA98233 20-2414781	BANKING	WA	N/A	C				No
(22) SEATTLE BANK 600 UNIVERSITY ST 1850 SEATTLE,WA981011129 91-1984151	BANKING	WA	N/A	C				No
(23) SECURITY STATE BANK 1930 S GOLD STREET CENTRALIA,WA98531 91-0404520	BANKING	WA	N/A	C				No
(24) SOUND BANKING COMPANY 6107 LAKE GROVE ST SW LAKEWOOD,WA98499 91-1487185	BANKING	WA	N/A	C				No
(25) TAIWAN COOPERATIVE BANK 1201 3RD AVENUE SUITE 1200 SEATTLE,WA98101 91-1491890	BANKING	WA	N/A	C				No
(26) THE BANK OF WASHINGTON 5901 196TH ST SW LYNNWOOD,WA98036 91-1716983	BANKING	WA	N/A	C				No
(27) TIMBERLAND BANK 624 SIMPSON AVENUE HOQUIAM,WA98550 91-0260220	BANKING	WA	N/A	C				No
(28) TWIN CITY BANK 729 VANDERCOOK WAY LONGVIEW,WA98632 91-1924167	BANKING	WA	N/A	C				No
(29) WASHINGTON BANKERS ASSOCIATION 1601 FIFTH AVE SUITE 2150 SEATTLE,WA98101 91-0459700	ASSOCIATION	WA	N/A	C				No
(30) WHEATLAND BANK 222 N WALL STREET 308 SPOKANE,WA99201 91-1055499	BANKING	WA	N/A	C				No
(31) WILLAMETTE VALLEY BANK 101 HIGH STREET NE SALEM,OR97301 93-1277376	BANKING	OR	N/A	C				No
(32) YAKIMA FEDERAL SAVINGS AND LOAN 118 EAST YAKIMA AVENUE YAKIMA,WA98901 91-0480760	FINANCIAL	WA	N/A	C				No

Schedule R (Form 990) 2019

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2019

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2019

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: PROVIDE HEALTH AND WELFARE BENEFITS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	0
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	34,906,121	33,441,814
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	34,906,121	33,441,814
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	34,262,991	32,662,356
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	560,395	510,670
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	34,823,386	33,173,026
19	Revenue less expenses. Subtract line 18 from line 12.......	82,735	268,788
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	4,148,797	3,595,995
21	Total liabilities (Part X, line 26).............	1,801,652	980,062
22	Net assets or fund balances. Subtract line 21 from line 20.....	2,347,145	2,615,933

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	PROVIDED HEALTH, DENTAL, VISION, LIFE INSURANCE AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC)	(E) Reportable compensation from related organizations (W-2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) JOHN COLLINS...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(2) JOHN MARVIN...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(3) LORI DRUMMOND...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(4) MARK HESS...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(5) JOHN MANOLIDES...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(6) DWAYNE ABERLE...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(7) GLEN SIMECEK...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(8) CORA WARFIELD...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(9) LINDA NAVARRO...................................................................... TRUSTEE	1.00 .................	X	0	0	0
(10) JEFF SUMPTER...................................................................... TRUSTEE	1.00 .................	X	0	0	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation
VIMLY BENEFIT SOLUTIONS INC 12121 HARBOUR REACH DR SUITE 105 MUKILTEO,WA98275	CONTRACT ADMINISTRATION	303,693
BROWN & BROWN INSURANCE 2106 PACIFIC AVE SUITE 501 TACOMA,WA98402	PROGRAM MANAGER	125,494



2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 2

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	ER AND EE CONTRIBUTIONS	522100	33,441,814	33,441,814
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		33,441,814

3 Investment income (including dividends, interest, and othersimilar amounts) ......
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			33,441,814	33,441,814	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......	32,662,356
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......	425,807
b	Legal .........	2,655
c	Accounting ...........	18,950
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	39,446
13	Office expenses .......	8,283
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	2,670
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	12,859
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
b
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	33,173,026
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........		3,417,929	1	2,749,182
2	Savings and temporary cash investments .........			2
3	Pledges and grants receivable, net ......			3
4	Accounts receivable, net .............		14,524	4	32,719
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				6
7	Notes and loans receivable, net ...........			7
8	Inventories for sale or use ............			8
9	Prepaid expenses and deferred charges ......		18,259	9	18,968
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation	10b		10c
11	Investments—publicly traded securities .			11
12	Investments—other securities. See Part IV, line 11 .....			12
13	Investments—program-related. See Part IV, line 11 ..			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........		698,085	15	795,126
16	Total assets. Add lines 1 through 15 (must equal line 33)...		4,148,797	16	3,595,995

17	Accounts payable and accrued expenses .....	6,316	17	11,709
18	Grants payable ...		18
19	Deferred revenue .........	1,612,820	19	936,440
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	182,516	25	31,913
26	Total liabilities. Add lines 17 through 25..	1,801,652	26	980,062

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	2,347,145	31	2,615,933
32	Total net assets or fund balances ...........	2,347,145	32	2,615,933
33	Total liabilities and net assets/fund balances ........	4,148,797	33	3,595,995