Civic Intelligence

State Chartered Credit Unions in Florida

EIN 59-0306510 • 501(c)14 • jacksonville, FL

Profile

member financial service for savings and loans and education for a good financial life.

1820 rogero roadjacksonville, FL 32211

jppcu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.81x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

39.21x

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

501(c)14 • $25M-$50M nonprofits • Source year 2021

Net Margin

15th percentile

-5.1%

Higher net margin than 15% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$88,000

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2021

Asset Growth

76th percentile

4.5%

Faster asset growth than 76% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-21%

Faster revenue growth than 3% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$45,104,325

Up $1,959,870 (+4.5%) from 2020

Liabilities

Up

$36,723,715

Up $2,340,055 (+6.8%) from 2020

Net Assets

Down

$8,380,610

Down $380,185 (-4.3%) from 2020

Revenue

Down

$936,635

Down $254,383 (-21%) from 2020

Expenses

Down

$984,348

Down $156,426 (-14%) from 2020

Net Income

Down

-$47,713

Down $97,957 (-195%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $44,324,539Liabilities 2011: $35,758,345Net Assets 2011: $8,566,1942011Assets 2012: $44,801,343Liabilities 2012: $36,442,734Net Assets 2012: $8,358,6092012Assets 2013: $42,761,973Liabilities 2013: $34,744,213Net Assets 2013: $8,017,7602013Assets 2014: $43,945,071Liabilities 2014: $35,847,626Net Assets 2014: $8,097,4452014Assets 2015: $43,062,472Liabilities 2015: $34,875,954Net Assets 2015: $8,186,5182015Assets 2016: $44,532,713Liabilities 2016: $36,277,941Net Assets 2016: $8,254,7722016Assets 2017: $43,305,986Liabilities 2017: $34,984,638Net Assets 2017: $8,321,3482017Assets 2018: $40,436,172Liabilities 2018: $32,022,842Net Assets 2018: $8,413,3302018Assets 2019: $40,095,811Liabilities 2019: $31,396,099Net Assets 2019: $8,699,7122019Assets 2020: $43,144,455Liabilities 2020: $34,383,660Net Assets 2020: $8,760,7952020Assets 2021: $45,104,325Liabilities 2021: $36,723,715Net Assets 2021: $8,380,6102021

Highlighted filing

2021

Assets$45,104,325
Liabilities$36,723,715
Net Assets$8,380,610

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,896,4912011Expenses 2012: $1,743,1062012Revenue 2013: $1,618,412Expenses 2013: $1,540,149Net Income 2013: $78,2632013Revenue 2014: $1,452,074Expenses 2014: $1,412,496Net Income 2014: $39,5782014Revenue 2015: $1,381,370Expenses 2015: $1,334,466Net Income 2015: $46,9042015Revenue 2016: $1,327,862Expenses 2016: $1,304,269Net Income 2016: $23,5932016Revenue 2017: $1,343,743Expenses 2017: $1,218,568Net Income 2017: $125,1752017Revenue 2018: $1,444,148Expenses 2018: $1,288,395Net Income 2018: $155,7532018Revenue 2019: $1,409,365Expenses 2019: $1,346,810Net Income 2019: $62,5552019Revenue 2020: $1,191,018Expenses 2020: $1,140,774Net Income 2020: $50,2442020Revenue 2021: $936,635Expenses 2021: $984,348Net Income 2021: -$47,7132021

Highlighted filing

2021

Revenue$936,635
Expenses$984,348
Net Income-$47,713

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 7, 2019
Return Version
2018v3.0
Gross Receipts
$1,444,148
Mission and Program Overview

Mission

To provide the highest level of financial services in a friendly and professional manner and encourage thrift savings with the wise use of credit while increasing the knowledge and ability of our members to manage and control their financial well being

credit union serving us postal service employees and other groups

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$26,161,544$22,910,608▼ $3,250,936
Other Notes and Loans Receivable, Net$16,267,476$16,903,876▲ $636,400
Cash and Non-Interest-Bearing Accounts$614,943$271,475▼ $343,468
Land, Buildings, and Equipment, Net$150,675$143,117▼ $7,558
Prepaid Expenses and Deferred Charges$34,028$31,883▼ $2,145
Accounts Receivable$3,099$2,467▼ $632
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$43,305,986$40,436,172▼ $2,869,814
Other Assets Total$74,221$172,746▲ $98,525
Liabilities
Unsecured Notes Loans Payable$34,849,978$31,902,225▼ $2,947,753
Accounts Payable and Accrued Expenses$134,660$120,617▼ $14,043
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities-$0-
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$34,984,638$32,022,842▼ $2,961,796
Net Assets / Fund Balance
Unrestricted Net Assets$8,321,348$8,413,330▲ $91,982
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$8,321,348$8,413,330▲ $91,982
Total Liabilities and Net Assets / Fund Balance$43,305,986$40,436,172▼ $2,869,814

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,361$471,291$0
Other Land Buildings$0$0$0
Land$57,000-$0
Equipment$60,756$1,286,860$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kirk GillumPresidentFT$88,000$88,000

Board Members and Trustees

NameTitle
Scott Carterchairman
chris conwelldirector
dan griffinsecretary
ron fergusonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,243,056
Other Revenue
$201,092
Change in Net Assets
$155,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$674,411
Salaries, Compensation, and Employee Benefits$613,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$492,910$0$0$492,910
Interest$166,369$0$0$166,369
Office Expenses$160,579$0$0$160,579
Fees for Services Accounting$132,492$0$0$132,492
Information Technology$85,771$0$0$85,771
Occupancy$59,537$0$0$59,537
Other Employee Benefits$48,347$0$0$48,347
Payroll Taxes$37,327$0$0$37,327
Pension Plan Contributions$35,400$0$0$35,400
Insurance$22,178$0$0$22,178
Depreciation Depletion$19,057$0$0$19,057
Other Expenses$16,290$0$0$16,290
Advertising$6,726$0$0$6,726
Fees for Services Legal$4,200$0$0$4,200
Travel$1,212$0$0$1,212
Total Functional Expenses$1,288,395$0$0$1,288,395
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Reviewed at monthly meeting always by board of directors.

Form 990, Part VI, Section B, Line 12C

Reviewed at monthly meetings by board of directors.

Form 990, Part VI, Section B, Line 15

Reviewed and approved by the board of directors, president, operations mgr

Form 990, Part VI, Section C, Line 19

on request from any member.

Filing and Contact Details

Filer

Filer Name
State Chartered Credit Unions in Florida
EIN
59-0306510
Phone
9047432555
Address
1820 rogero road, jacksonville, FL 32211

Signing Officer

Name
Kirk Gillum
Title
President
Phone
9047432555
Signed
2019-02-07

Organization Details

Formed
1929
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Investment income due to rates of return.

Raw XML AppendixShowing 400 of 474 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.

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048347
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048347
IRS990/OtherExpensesGrp/Desc0statement expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt016290
IRS990/OtherExpensesGrp/TotalAmt016290
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0492910
IRS990/OtherSalariesAndWagesGrp/TotalAmt0492910
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt016267476
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016903876
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt037327
IRS990/PayrollTaxesGrp/TotalAmt037327
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt035400
IRS990/PensionPlanContributionsGrp/TotalAmt035400
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034028
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031883
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JacksonvillePostal & Prof Cr Un
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0investment income earned for the purpose of returning to members dividends and interest
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0fees and charges for services rendered for members that all services are for.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01145785
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0604672
IRS990/PYOtherRevenueAmt0197958
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0125175
IRS990/PYSalariesCompEmpBnftPaidAmt0613896
IRS990/PYTotalExpensesAmt01218568
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01343743
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0155753
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0201092
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0201092
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt025361
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0471291
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0496652
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt060756
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01286860
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01347616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt057000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt057000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0143117
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed at monthly meeting always by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed at monthly meetings by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed and approved by the board of directors, president, operations mgr
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3on request from any member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Investment income due to rates of return.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00

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