Civic Intelligence

State Chartered Credit Unions in Florida

990 • Fiscal year 2015 • EIN 59-0626648

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization ProfileWWW.INSIGHTFINANCIALCU.COM

View Organization Page

P O Box 4900Orlando, FL 32082

(407) 659-2740

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$554,768,324

Flat from 2015

Net Assets

Flat

$51,948,435

Flat from 2015

Liabilities

Flat

$502,819,889

Flat from 2015

Revenue And Expenses

Revenue

Flat

$27,467,779

Flat from 2015

Expenses

Flat

$29,955,150

Flat from 2015

Net Income

Flat

-$2,487,371

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2010: $447,757,548Liabilities 2010: $404,537,213Net Assets 2010: $43,220,3352010Assets 2011: $435,531,196Liabilities 2011: $390,464,357Net Assets 2011: $45,066,8392011Assets 2012: $451,552,205Liabilities 2012: $402,717,190Net Assets 2012: $48,835,0152012Assets 2013: $463,864,396Liabilities 2013: $414,950,812Net Assets 2013: $48,913,5842013Assets 2014: $504,908,663Liabilities 2014: $450,150,588Net Assets 2014: $54,758,0752014Assets 2015: $554,768,324Liabilities 2015: $502,819,889Net Assets 2015: $51,948,4352015Assets 2015: $554,768,324Liabilities 2015: $502,819,889Net Assets 2015: $51,948,4352015Assets 2016: $562,292,468Liabilities 2016: $512,960,885Net Assets 2016: $49,331,5832016Assets 2017: $562,818,449Liabilities 2017: $511,978,290Net Assets 2017: $50,840,1592017Assets 2018: $551,216,747Liabilities 2018: $501,686,781Net Assets 2018: $49,529,9662018Assets 2019: $553,070,987Liabilities 2019: $497,674,344Net Assets 2019: $55,396,6432019Assets 2020: $623,371,735Liabilities 2020: $564,088,089Net Assets 2020: $59,283,6462020Assets 2021: $694,415,445Liabilities 2021: $640,815,995Net Assets 2021: $53,599,4502021Assets 2022: $687,612,427Liabilities 2022: $661,164,086Net Assets 2022: $26,448,3412022Assets 2023: $670,264,151Liabilities 2023: $643,454,702Net Assets 2023: $26,809,4492023Assets 2024: $685,975,667Liabilities 2024: $655,291,312Net Assets 2024: $30,684,3552024Assets 2025: $659,248,205Liabilities 2025: $620,092,955Net Assets 2025: $39,155,2502025

Highlighted filing

2015

Assets$554,768,324
Liabilities$502,819,889
Net Assets$51,948,435
Open 2015 Filing

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $32,199,3282010Expenses 2011: $28,498,6172011Expenses 2012: $24,710,2782012Revenue 2013: $27,407,116Expenses 2013: $24,129,604Net Income 2013: $3,277,5122013Revenue 2014: $27,253,516Expenses 2014: $23,852,127Net Income 2014: $3,401,3892014Revenue 2015: $27,467,779Expenses 2015: $29,955,150Net Income 2015: -$2,487,3712015Revenue 2015: $27,467,779Expenses 2015: $29,955,150Net Income 2015: -$2,487,3712015Revenue 2016: $27,179,472Expenses 2016: $28,696,664Net Income 2016: -$1,517,1922016Revenue 2017: $27,839,144Expenses 2017: $27,119,570Net Income 2017: $719,5742017Revenue 2018: $27,874,314Expenses 2018: $27,739,674Net Income 2018: $134,6402018Revenue 2019: $27,530,703Expenses 2019: $24,750,028Net Income 2019: $2,780,6752019Revenue 2020: $25,976,857Expenses 2020: $23,698,386Net Income 2020: $2,278,4712020Revenue 2021: $22,918,572Expenses 2021: $20,852,595Net Income 2021: $2,065,9772021Revenue 2022: $24,146,976Expenses 2022: $20,369,837Net Income 2022: $3,777,1392022Revenue 2023: $31,327,804Expenses 2023: $28,712,884Net Income 2023: $2,614,9202023Revenue 2024: $36,815,869Expenses 2024: $33,025,125Net Income 2024: $3,790,7442024Revenue 2025: $33,176,746Expenses 2025: $33,837,460Net Income 2025: -$660,7142025

Highlighted filing

2015

Revenue$27,467,779
Expenses$29,955,150
Net Income-$2,487,371
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$27,467,779
Mission and Program Overview

Mission

Insight financial credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to member; at advantageous rates over those generally available from other banking sources.

Insight financial credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to member; at advantages rates over those generally available from other banking sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$341,670,007$329,781,495▼ $11,888,512
Savings and Temporary Cash Investments$24,638,098$97,943,879▲ $73,305,781
Investments in Publicly Traded Securities$104,930,686$96,490,049▼ $8,440,637
Rtn Earn Endowment Incm Other Fnds$54,758,075$51,948,435▼ $2,809,640
Land, Buildings, and Equipment, Net$20,415,263$18,340,203▼ $2,075,060
Cash and Non-Interest-Bearing Accounts$4,061,763$4,176,268▲ $114,505
Total Assets$504,908,663$554,768,324▲ $49,859,661
Other Assets Total$9,192,846$8,036,430▼ $1,156,416
Liabilities
Other Liabilities$443,755,013$498,215,438▲ $54,460,425
Accounts Payable and Accrued Expenses$6,395,575$4,604,451▼ $1,791,124
Total Liabilities$450,150,588$502,819,889▲ $52,669,301
Net Assets / Fund Balance
Total Net Assets Fund Balance$54,758,075$51,948,435▼ $2,809,640
Total Liabilities and Net Assets / Fund Balance$504,908,663$554,768,324▲ $49,859,661

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,233,192-$11,233,192
Land$5,147,695-$5,147,695
Equipment$1,742,235-$1,742,235
Leasehold Improvements$217,081-$217,081
Compensation and Service Providers

Employees

NameTitleBaseTotal
George DavisCEO$99,500$99,500

Board Members and Trustees

NameTitle
Charles ArnettChairman
Karen JohnsonDirector
Mark ZickefooseDirector
Norma HortonDirector
Susan StuckerDirector
Stephen HoeltkeSecretary
Lauren JosephSVP Operatio
Danny GrantTreasurer
Todd MellenberndtVP Lending
Cynthia JonesVP of Comm &
Jesse DeanVP of Comp &
Jodi PetrzalaVP of Consum
Elenor WoodsVP of Infor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,833,630
Investment Income
$1,634,149
Other Revenue
$0
Change in Net Assets
$-2,487,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,584,440
Salaries, Compensation, and Employee Benefits$10,370,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,097,746--$8,097,746
Other Employee Benefits$2,272,964--$2,272,964
Other Expenses$2,190,434--$2,190,434
Occupancy$2,176,158--$2,176,158
Interest$2,014,343--$2,014,343
All Other Expenses$1,878,352--$1,878,352
Conferences and Meetings$160,979--$160,979
Total Functional Expenses$29,955,150$0$0$29,955,150
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Accounts$498,215,438
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Credit union has members. Membership is available to anyone that meets the field of membership qualifications per the governing documents.”

Form 990, Page 6, Part VI, Line 7A

“Yes- the credit union's board of directors are elected by members.”

Form 990, Page 6, Part VI, Line 7B

“Yes, certain decisions would be approved by membership.”

Form 990, Page 6, Part VI, Line 11B

“Board of directors reviews form 990 at regularly scheduled meeting.”

Form 990, Page 6, Part VI, Line 12C

“Yes, a conflicts of interest policy is actively enforced.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for ceo, directors, and top management officials is subject to review and approval by board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Yes, other officers and key employees compensation is subject to review by ceo within guidelines approved by board of directors.”

Form 990, Page 6, Part VI, Line 19

“Bylaws and governing documents are made available to all members upon request. Financial information is available to the public from ncua.”

Filing and Contact Details

Filer

Filer Name
Insight Credit Union
EIN
59-0626648
Phone
4076592740
Address
P O BOX 4900, ORLANDO, FL 32082
Doing Business As
Co Daniel Cole CPA

Signing Officer

Name
George Davis
Title
CEO
Phone
4076592740
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Davis
Formed
1935
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
210

Preparer

Firm
Schwartz Cole and Associates LLC
Address
11776 W SAMPLE RD STE 106, CORAL SPRINGS, FL 33065-3180
Preparer
Daniel J Cole
Phone
9547551760
Supplemental Narrative

Additional Explanations

Form 990

“The credit union does offer discounted loans to employees. Upon completion an employees probationary 90 day period, they can receive a 1% discounted loan rate off of prevailing market interest rates on all mortgage and consumer loans. Upon termination/resignation the loan reverts to normal market rates without the discount.”

Form 990, Part XI

“The adjustment to net fixed assets was from fasb 115 adjustments to unrealized gains and losses of securities held by the credit union”

Form 990, Part XI, Line 9

“FASB 115 ADJUSTMENT 0”

Raw XML Appendix376 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06395575
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04604451
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01878352
IRS990/AllOtherExpensesGrp/TotalAmt01878352
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CINDY MORGAN
IRS990/BooksInCareOfDetail/PhoneNum04076592740
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 4900
IRS990/BooksInCareOfDetail/USAddress/CityNm0ORLANDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032802
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04061763
IRS990/CashNonInterestBearingGrp/EOYAmt04176268
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0160979
IRS990/ConferencesMeetingsGrp/TotalAmt0160979
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01634149
IRS990/CYOtherExpensesAmt019584440
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt025833630
IRS990/CYRevenuesLessExpensesAmt0-2487371
IRS990/CYSalariesCompEmpBnftPaidAmt010370710
IRS990/CYTotalExpensesAmt029955150
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt027467779
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0CO DANIEL COLE CPA
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt0210
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN STUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm2NORMA HORTON
IRS990/Form990PartVIISectionAGrp/PersonNm3DANNY GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm4STEPHEN HOELTKE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES ARNETT
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK ZICKEFOOSE
IRS990/Form990PartVIISectionAGrp/PersonNm7GEORGE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm8TODD MELLENBERNDT
IRS990/Form990PartVIISectionAGrp/PersonNm9LAUREN JOSEPH
IRS990/Form990PartVIISectionAGrp/PersonNm10ELENOR WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm11CYNTHIA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm12JODI PETRZALA
IRS990/Form990PartVIISectionAGrp/PersonNm13JESSE DEAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt799500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP OPERATIO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP OF INFOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF COMM &
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF CONSUM
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF COMP &
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt027467779
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt02014343
IRS990/InterestGrp/TotalAmt02014343
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01634149
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01634149
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0104930686
IRS990/InvestmentsPubTradedSecGrp/EOYAmt096490049
IRS990/IRPDocumentCnt026100
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020415263
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018340203
IRS990/LandBldgEquipCostOrOtherBssAmt018340203
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt054758075
IRS990/NetAssetsOrFundBalancesEOYAmt051948435
IRS990/NetUnrelatedBusTxblIncmAmt0-139728
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt02176158
IRS990/OccupancyGrp/TotalAmt02176158
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09192846
IRS990/OtherAssetsTotalGrp/EOYAmt08036430
IRS990/OtherChangesInNetAssetsAmt0-322269
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02272964
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02272964
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt05602816
IRS990/OtherExpensesGrp/ProgramServicesAmt13009477
IRS990/OtherExpensesGrp/ProgramServicesAmt22551881
IRS990/OtherExpensesGrp/ProgramServicesAmt32190434
IRS990/OtherExpensesGrp/TotalAmt05602816
IRS990/OtherExpensesGrp/TotalAmt13009477
IRS990/OtherExpensesGrp/TotalAmt22551881
IRS990/OtherExpensesGrp/TotalAmt32190434
IRS990/OtherLiabilitiesGrp/BOYAmt0443755013
IRS990/OtherLiabilitiesGrp/EOYAmt0498215438
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08097746
IRS990/OtherSalariesAndWagesGrp/TotalAmt08097746
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0341670007
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0329781495
IRS990/PartialLiquidationInd0false
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GEORGE DAVIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MISC OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/Desc4OTHER NON OPERATING GAINS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013462740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14972205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24031762
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32583716
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4738600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013462740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14972205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24031762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32583716
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4738600
IRS990/ProgSrvcAccomActy2Grp/Desc0FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES
IRS990/ProgSrvcAccomActy3Grp/Desc0EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt01494173
IRS990/PYOtherExpensesAmt014039574
IRS990/PYProgramServiceRevenueAmt025759343
IRS990/PYRevenuesLessExpensesAmt03401389
IRS990/PYSalariesCompEmpBnftPaidAmt09812553
IRS990/PYTotalExpensesAmt023852127
IRS990/PYTotalRevenueAmt027253516
IRS990/ReconcilationRevenueExpnssAmt0-2487371
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt054758075
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt051948435
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024638098
IRS990/SavingsAndTempCashInvstGrp/EOYAmt097943879
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt011233192
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011233192
IRS990ScheduleD/EquipmentGrp/BookValueAmt01742235
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01742235
IRS990ScheduleD/LandGrp/BookValueAmt05147695
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05147695
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0217081
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0217081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0498215438
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018340203
IRS990ScheduleD/TotalLiabilityAmt0498215438
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION DOES OFFER DISCOUNTED LOANS TO EMPLOYEES. UPON COMPLETION AN EMPLOYEES PROBATIONARY 90 DAY PERIOD, THEY CAN RECEIVE A 1% DISCOUNTED LOAN RATE OFF OF PREVAILING MARKET INTEREST RATES ON ALL MORTGAGE AND CONSUMER LOANS. UPON TERMINATION/RESIGNATION THE LOAN REVERTS TO NORMAL MARKET RATES WITHOUT THE DISCOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT UNION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANYONE THAT MEETS THE FIELD OF MEMBERSHIP QUALIFICATIONS PER THE GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD OF DIRECTORS REVIEWS FORM 990 AT REGULARLY SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5YES, A CONFLICTS OF INTEREST POLICY IS ACTIVELY ENFORCED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR CEO, DIRECTORS, AND TOP MANAGEMENT OFFICIALS IS SUBJECT TO REVIEW AND APPROVAL BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7YES, OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION IS SUBJECT TO REVIEW BY CEO WITHIN GUIDELINES APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BYLAWS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC FROM NCUA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ADJUSTMENT TO NET FIXED ASSETS WAS FROM FASB 115 ADJUSTMENTS TO UNREALIZED GAINS AND LOSSES OF SECURITIES HELD BY THE CREDIT UNION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FASB 115 ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0504908663
IRS990/TotalAssetsEOYAmt0554768324
IRS990/TotalAssetsGrp/BOYAmt0504908663
IRS990/TotalAssetsGrp/EOYAmt0554768324
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0210
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt029955150
IRS990/TotalFunctionalExpensesGrp/TotalAmt029955150
IRS990/TotalGrossUBIAmt044607
IRS990/TotalLiabilitiesBOYAmt0450150588
IRS990/TotalLiabilitiesEOYAmt0502819889
IRS990/TotalLiabilitiesGrp/BOYAmt0450150588
IRS990/TotalLiabilitiesGrp/EOYAmt0502819889
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt054758075
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt051948435
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt044607
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt044607
IRS990/TotalProgramServiceRevenueAmt025833630
IRS990/TotalReportableCompFromOrgAmt099500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027423172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027467779
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt044607
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0504908663
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0554768324
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 4900
IRS990/USAddress/CityNm0ORLANDO
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032082
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.INSIGHTFINANCIALCU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04076592740
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSIGHT CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0INSI
ReturnHeader/Filer/EIN0590626648
ReturnHeader/Filer/PhoneNum04076592740
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 4900
ReturnHeader/Filer/USAddress/CityNm0ORLANDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032082
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261694946
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHWARTZ COLE AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011776 W SAMPLE RD STE 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0330653180
ReturnHeader/PreparerPersonGrp/PhoneNum09547551760
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL J COLE
ReturnHeader/ReturnTs02016-11-15T21:57:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$554,768,324
Liabilities
$502,819,889
Net assets
$51,948,435
Revenue
$27,467,779
Expenses
$29,955,150
Net income
-$2,487,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$659$620$39.2$33.2$33.8$0.66
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$686$655$30.7$36.8$33.0$3.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$670$643$26.8$31.3$28.7$2.61
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$688$661$26.4$24.1$20.4$3.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$694$641$53.6$22.9$20.9$2.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$623$564$59.3$26.0$23.7$2.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$553$498$55.4$27.5$24.8$2.78
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$551$502$49.5$27.9$27.7$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$563$512$50.8$27.8$27.1$0.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$562$513$49.3$27.2$28.7$1.52
2015Detailed filing. Detailed filing data is available for this year.$555$503$51.9$27.5$30.0$2.49
2015Detailed filing. Detailed filing data is available for this year.$555$503$51.9$27.5$30.0$2.49
2014Detailed filing. Detailed filing data is available for this year.$505$450$54.8$27.3$23.9$3.40
2013Detailed filing. Detailed filing data is available for this year.$464$415$48.9$27.4$24.1$3.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$452$403$48.8$24.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$436$390$45.1$28.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$448$405$43.2$32.2