Civic Intelligence

Addition Financial Credit Union

990 • Fiscal year 2021 • EIN 59-0678236

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 28, 2022

Organization Profile

View Organization Page

1000 Primera BlvdLake Mary, FL 32746

(407) 708-1695

Siviq Scores

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

Liabilities / Assets

51st percentile

0.90x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)14 • $1B+ nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

21.46x

Higher debt load relative to revenue than 44% of similar nonprofits.

2021 filings • 501(c)14 • $1B+ nonprofits • Source year 2021

Net Margin

53rd percentile

23%

Higher net margin than 53% of similar nonprofits.

2021 filings • 501(c)14 • $1B+ nonprofits • Source year 2021

Top Officer Pay

37th percentile

$763,803

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2021 filings • 501(c)14 • $1B+ nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

$2,609,326,648

No earlier filing loaded for comparison.

Net Assets

$249,354,358

No earlier filing loaded for comparison.

Liabilities

$2,359,972,290

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin53rd percentile

Revenue

$109,978,421

No earlier filing loaded for comparison.

Expenses

$84,350,076

No earlier filing loaded for comparison.

Net Income

$25,628,345

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0B$2.0B$1.0B$0Assets 2021: $2,609,326,648Liabilities 2021: $2,359,972,290Net Assets 2021: $249,354,3582021Assets 2022: $2,764,171,874Liabilities 2022: $2,542,381,750Net Assets 2022: $221,790,1242022Assets 2023: $2,912,144,631Liabilities 2023: $2,708,084,595Net Assets 2023: $204,060,0362023Assets 2024: $2,735,864,519Liabilities 2024: $2,509,406,304Net Assets 2024: $226,458,2152024

Highlighted filing

2021

Assets$2,609,326,648
Liabilities$2,359,972,290
Net Assets$249,354,358
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200M$150M$100M$50M$0Revenue 2021: $109,978,421Expenses 2021: $84,350,076Net Income 2021: $25,628,3452021Revenue 2022: $126,516,804Expenses 2022: $103,558,609Net Income 2022: $22,958,1952022Revenue 2023: $170,511,185Expenses 2023: $164,238,136Net Income 2023: $6,273,0492023Revenue 2024: $172,550,204Expenses 2024: $155,260,898Net Income 2024: $17,289,3062024

Highlighted filing

2021

Revenue$109,978,421
Expenses$84,350,076
Net Income$25,628,345
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 28, 2022
Return Version
2021v4.2
Gross Receipts
$174,433,140
Mission and Program Overview

Mission

Addition financial credit union is committed to helping members achieve their money management goals

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,469,733,177$1,812,554,760▲ $342,821,583
Investments Other Securities$571,198,014$442,758,215▼ $128,439,799
Rtn Earn Endowment Incm Other Fnds$236,300,487$249,354,358▲ $13,053,871
Cash and Non-Interest-Bearing Accounts$178,721,358$196,209,672▲ $17,488,314
Land, Buildings, and Equipment, Net$69,667,146$73,988,902▲ $4,321,756
Prepaid Expenses and Deferred Charges$3,756,180$3,537,874▼ $218,306
Accounts Receivable$948,143$1,044,803▲ $96,660
Inventories for Sale or Use$23,750$19,950▼ $3,800
Total Assets$2,353,465,571$2,609,326,648▲ $255,861,077
Other Assets Total$59,417,803$79,212,472▲ $19,794,669
Liabilities
Other Liabilities$2,025,462,634$2,304,469,074▲ $279,006,440
Mortgage Notes Payable Secured by Investment Property$85,000,000$47,500,000▼ $37,500,000
Accounts Payable and Accrued Expenses$6,702,450$8,003,216▲ $1,300,766
Total Liabilities$2,117,165,084$2,359,972,290▲ $242,807,206
Net Assets / Fund Balance
Total Net Assets Fund Balance$236,300,487$249,354,358▲ $13,053,871
Total Liabilities and Net Assets / Fund Balance$2,353,465,571$2,609,326,648▲ $255,861,077

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,706,179$19,825,061$56,531,240
Equipment$8,243,865$31,747,945$39,991,810
Land$21,668,114-$21,668,114
Other Land Buildings$6,572,324-$6,572,324
Leasehold Improvements$798,420$391,633$1,190,053
Other Assets Org$187,403--
Other Securities$9,827,300--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin MillerPresident & CEOFT$559,350$204,453$763,803
Kevin J DoughertyCOOFT$357,265$143,932$499,469
Samuel M NelsonCaogeneral CounselFT$328,914$123,108$453,750
Kevin S WrightCIOFT$311,708$110,432$422,140
James R RychlickiCFOFT$298,491$109,760$408,251
Thuylinh N DangCDOFT$286,343$105,804$392,147
Miriam MitchellSVP LendingFT$207,856$71,811$279,667
Joseph a MaclarenGeneral CounselFT$205,446$30,957$236,403
Shirley a ShoemakerSVP OperationsFT$161,197$45,852$207,049
Robert J KindermannSVP Human ResFT$156,792$45,701$202,493
Matthew J WalshVP ItFT$169,411$29,068$198,479

Board Members and Trustees

NameTitle
Mary Lynn WilliamsChair
Errol Greene1st Vice Chairman
Richard L Collins2nd Vice Chairman
Dale C KellyDirector
Ronald PersonDirector
Janet E BushSecretary
Naval ModaniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$68,828,526
Investment Income
$9,211,689
Other Revenue
$31,938,206
Change in Net Assets
$25,628,345

Audited Revenue Reconciliation

Revenue per Audited Statements
$109,978,421
Total Revenue per Audited Statements
$109,978,421
Total Revenue per Form 990
$109,978,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,953,146
Salaries, Compensation, and Employee Benefits$40,396,930
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$28,115,620--$28,115,620
Other Salaries and Wages$27,036,926--$27,036,926
Advertising$5,623,918--$5,623,918
Other Employee Benefits$5,187,295--$5,187,295
Depreciation Depletion$4,764,898--$4,764,898
Current Officers, Directors, Trustees, and Key Employees$4,661,198--$4,661,198
Occupancy$3,808,189--$3,808,189
Payroll Taxes$2,231,552--$2,231,552
Pension Plan Contributions$1,279,959--$1,279,959
Travel$485,957--$485,957
Interest$402,858--$402,858
Fees for Services Legal$396,740--$396,740
Fees for Services Accounting$227,922--$227,922
Insurance$127,044--$127,044
Total Functional Expenses$84,350,076$0$0$84,350,076

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$84,350,076
Total Expenses per Audited Statements$84,350,076
Total Expenses per Form 990$84,350,076
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 Deposits$2,304,469,074
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 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990 is reviewed by board of directors, ceo and cfo prior to filing”

Conflict of interest policy compliance Part VI line 12C

“Conflict of interest policy is reviewed by credit unions executive team”

CEO executive director top management comp Part VI line 15A

“Executive compensation is reviewed by credit union compensation committee”

Other officer or key employee compensation Part VI line 15B

“Compensation committee reviews compensation of top management”

Governing documents etc available to public Part VI line 19

“Credit union documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Addition Financial Credit Union
EIN
59-0678236
Address
1000 PRIMERA BLVD, LAKE MARY, FL 32746
Doing Business As
James Rychlicki CFO

Signing Officer

Name
Jim Rychlicki
Title
CFO
Phone
4077081695
Signed
2022-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Miller
Formed
1937
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
711
Volunteers
1

Preparer

Firm
Gerald E Creasman CPA PA
Address
9200 S Dadeland Blvd Suite 504, Miami, FL 33156
Preparer
Gerald E Creasman CPA
Phone
3055960903
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“INITIAL YEAR TAX RETURN”

Raw XML AppendixShowing 400 of 579 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/BOYAmt06702450
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08003216
IRS990/AccountsReceivableGrp/BOYAmt0948143
IRS990/AccountsReceivableGrp/EOYAmt01044803
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADDITION FINANCIAL CREDIT UNION IS COMMITTED TO HELPING MEMBERS ACHIEVE THEIR MONEY MANAGEMENT GOALS
IRS990/AdvertisingGrp/ProgramServicesAmt05623918
IRS990/AdvertisingGrp/TotalAmt05623918
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JIM RYCHLICKI
IRS990/BooksInCareOfDetail/PhoneNum04077081695
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01000 PRIMERA BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKE MARY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032746
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0178721358
IRS990/CashNonInterestBearingGrp/EOYAmt0196209672
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt04661198
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt04661198
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09211689
IRS990/CYOtherExpensesAmt043953146
IRS990/CYOtherRevenueAmt031938206
IRS990/CYProgramServiceRevenueAmt068828526
IRS990/CYRevenuesLessExpensesAmt025628345
IRS990/CYSalariesCompEmpBnftPaidAmt040396930
IRS990/CYTotalExpensesAmt084350076
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0109978421
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04764898
IRS990/DepreciationDepletionGrp/TotalAmt04764898
IRS990/Desc0EXPENSES INCURRED FOR CREDT UNION OPERATIONS AND MEMBERS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0JAMES RYCHLICKI CFO
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0711
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt084350076
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0227922
IRS990/FeesForServicesAccountingGrp/TotalAmt0227922
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0396740
IRS990/FeesForServicesLegalGrp/TotalAmt0396740
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt450.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt550.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt750.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt850.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt950.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1710.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd6X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd7X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd8X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd9X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd10X
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/OtherCompensationAmt046636
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127725
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt238662
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt329927
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt433083
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt532229
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt631059
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt730457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt824937
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt925293
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1028568
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN J DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm2SAMUEL M NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN S WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES R RYCHLICKI
IRS990/Form990PartVIISectionAGrp/PersonNm5THUYLINH N DANG
IRS990/Form990PartVIISectionAGrp/PersonNm6MIRIAM MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH A MACLAREN
IRS990/Form990PartVIISectionAGrp/PersonNm8SHIRLEY A SHOEMAKER
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT J KINDERMANN
IRS990/Form990PartVIISectionAGrp/PersonNm10MATTHEW J WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD L COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm12RONALD PERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DALE C KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm14NAVAL MODANI
IRS990/Form990PartVIISectionAGrp/PersonNm15JANET E BUSH
IRS990/Form990PartVIISectionAGrp/PersonNm16ERROL GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm17MARY LYNN WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0717167
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1471744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2415088
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3392213
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4375168
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5359918
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6248608
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7205946
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8182112
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9177200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10169911
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CAOGENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt3CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5CDO
IRS990/Form990PartVIISectionAGrp/TitleTxt6SVP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP HUMAN RES
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP IT
IRS990/Form990PartVIISectionAGrp/TitleTxt112ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt161ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0967057
IRS990/GainOrLossGrp/SecuritiesAmt0990818
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0967057
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt065445537
IRS990/GrossReceiptsAmt0174433140
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0127044
IRS990/InsuranceGrp/TotalAmt0127044
IRS990/InterestGrp/ProgramServicesAmt0402858
IRS990/InterestGrp/TotalAmt0402858
IRS990/InventoriesForSaleOrUseGrp/BOYAmt023750
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019950
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07253814
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07253814
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0571198014
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0442758215
IRS990/IRPDocumentCnt027460
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt051964639
IRS990/LandBldgEquipBasisNetGrp/BOYAmt069667146
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073988902
IRS990/LandBldgEquipCostOrOtherBssAmt0125953541
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt064454719
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ADDITION FINANCIAL CREDIT UNION IS COMMITTED TO HELPING MEMBERS ACHIEVE THEIR MONEY MANAGEMENT GOALS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt085000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt047500000
IRS990/NetAssetsOrFundBalancesBOYAmt0236300487
IRS990/NetAssetsOrFundBalancesEOYAmt0249354358
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01957875
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01957875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt03808189
IRS990/OccupancyGrp/TotalAmt03808189
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt059417803
IRS990/OtherAssetsTotalGrp/EOYAmt079212472
IRS990/OtherChangesInNetAssetsAmt0-12574474
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05187295
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05187295
IRS990/OtherExpensesGrp/Desc0SEE ATTACHED
IRS990/OtherExpensesGrp/ProgramServicesAmt028115620
IRS990/OtherExpensesGrp/TotalAmt028115620
IRS990/OtherLiabilitiesGrp/BOYAmt02025462634
IRS990/OtherLiabilitiesGrp/EOYAmt02304469074
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0FEES & CHARGES
IRS990/OtherRevenueMiscGrp/Desc1MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011937739
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt117733433
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011937739
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt120000467
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02267034
IRS990/OtherRevenueTotalAmt031938206
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt027036926
IRS990/OtherSalariesAndWagesGrp/TotalAmt027036926
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01469733177
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01812554760
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt02231552
IRS990/PayrollTaxesGrp/TotalAmt02231552
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01279959
IRS990/PensionPlanContributionsGrp/TotalAmt01279959
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03756180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03537874
IRS990/PrincipalOfficerNm0KEVIN MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0INCOME FROM LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt068828526
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068828526
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt011286277
IRS990/PYOtherExpensesAmt047194488
IRS990/PYOtherRevenueAmt027149597
IRS990/PYProgramServiceRevenueAmt061615909
IRS990/PYRevenuesLessExpensesAmt013271541
IRS990/PYSalariesCompEmpBnftPaidAmt039585754
IRS990/PYTotalExpensesAmt086780242
IRS990/PYTotalRevenueAmt0100051783
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025628345
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0236300487
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0249354358
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt036706179
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019825061
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt056531240
IRS990ScheduleD/EquipmentGrp/BookValueAmt08243865
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031747945
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039991810
IRS990ScheduleD/ExpensesSubtotalAmt084350076
IRS990ScheduleD/LandGrp/BookValueAmt021668114
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021668114
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0798420
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0391633
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01190053
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt021088087
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16351159
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26464149
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt345121674
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4187403
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCUSIF
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INT REC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTANGIBLE ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OREO
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06572324
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06572324
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02304469074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0327008989
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt195144107
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt27297108
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32957100
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4523611
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt59827300
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FED AGENCY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CORPORATE BONDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CUSO INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FHLB STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CORPONE CAP SHARES
IRS990ScheduleD/OtherSecuritiesGrp/Desc5US GOVT AGENCY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/RevenueSubtotalAmt0109978421
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073988902

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,609,326,648
Liabilities
$2,359,972,290
Net assets
$249,354,358
Revenue
$109,978,421
Expenses
$84,350,076
Net income
$25,628,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,736$2,509$226$173$155$17.3
2023Detailed filing. Detailed filing data is available for this year.$2,912$2,708$204$171$164$6.27
2022Detailed filing. Detailed filing data is available for this year.$2,764$2,542$222$127$104$23.0
2021Detailed filing. Detailed filing data is available for this year.$2,609$2,360$249$110$84.4$25.6