Civic Intelligence

Innovations Financial Credit Union

EIN 59-0706843 • 501(c)12 • Panama City, FL

View Organization Page

Profile

To provide financial and lending services to individuals and businesses located within the counties of bay, holmes, washington, jackson, calhoun, gulf of walton located in the state of florida.

910 Thomas DrivePanama City, FL 32408

www.innovationsfcu.org

Siviq Scores

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

Liabilities / Assets

98th percentile

0.93x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)12 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

16.24x

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

501(c)12 • $250M-$1B nonprofits • Source year 2024

Net Margin

91st percentile

7.2%

Higher net margin than 91% of similar nonprofits.

501(c)12 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

44th percentile

$523,848

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)12 • $250M-$1B nonprofits • Source year 2024

Asset Growth

99th percentile

44%

Faster asset growth than 99% of similar nonprofits.

501(c)12 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

32%

Faster revenue growth than 97% of similar nonprofits.

501(c)12 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$615,037,932

Up $186,641,014 (+44%) from 2023

Liabilities

Up

$573,369,415

Up $184,497,286 (+47%) from 2023

Net Assets

Up

$41,668,517

Up $2,143,728 (+5.4%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin91st percentile

Revenue

Up

$35,305,173

Up $8,637,053 (+32%) from 2023

Expenses

Up

$32,767,483

Up $10,455,767 (+47%) from 2023

Net Income

Down

$2,537,690

Down $1,818,714 (-42%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$800M$600M$400M$200M$0Assets 2022: $367,562,433Liabilities 2022: $332,156,640Net Assets 2022: $35,405,7932022Assets 2023: $428,396,918Liabilities 2023: $388,872,129Net Assets 2023: $39,524,7892023Assets 2024: $615,037,932Liabilities 2024: $573,369,415Net Assets 2024: $41,668,5172024

Highlighted filing

2024

Assets$615,037,932
Liabilities$573,369,415
Net Assets$41,668,517
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$40M$30M$20M$10M$0Revenue 2022: $22,495,868Expenses 2022: $15,947,213Net Income 2022: $6,548,6552022Revenue 2023: $26,668,120Expenses 2023: $22,311,716Net Income 2023: $4,356,4042023Revenue 2024: $35,305,173Expenses 2024: $32,767,483Net Income 2024: $2,537,6902024

Highlighted filing

2024

Revenue$35,305,173
Expenses$32,767,483
Net Income$2,537,690
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$615,037,932
Liabilities
$573,369,415
Net assets
$41,668,517
Revenue
$35,305,173
Expenses
$32,767,483
Net income
$2,537,690
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$615$573$41.7$35.3$32.8$2.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$428$389$39.5$26.7$22.3$4.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$368$332$35.4$22.5$15.9$6.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$35,305,173
Mission and Program Overview

Mission

To provide financial and lending services to individuals and businesses located within the counties of bay, holmes, washington, jackson, calhoun, gulf of walton located in the state of florida.

To enrich the financial lives of our members, team members, and the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$369,778,044$446,786,410▲ $77,008,366
Savings and Temporary Cash Investments$26,465,416$88,346,124▲ $61,880,708
Rtn Earn Endowment Incm Other Fnds$39,524,789$41,668,517▲ $2,143,728
Land, Buildings, and Equipment, Net$11,855,482$19,336,368▲ $7,480,886
Investments in Publicly Traded Securities$1,337,840$19,112,240▲ $17,774,400
Intangible Assets-$15,603,017-
Receivables From Officers Etc$7,802,751$8,344,853▲ $542,102
Cash and Non-Interest-Bearing Accounts$3,230,331$4,871,778▲ $1,641,447
Investments Other Securities$1,153,000$1,535,252▲ $382,252
Accounts Receivable$912,220$1,433,860▲ $521,640
Prepaid Expenses and Deferred Charges$615,471$1,175,977▲ $560,506
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$428,396,918$615,037,932▲ $186,641,014
Other Assets Total$5,246,363$8,492,053▲ $3,245,690
Liabilities
Other Liabilities$382,571,275$554,883,729▲ $172,312,454
Unsecured Notes Loans Payable-$13,000,000-
Accounts Payable and Accrued Expenses$6,300,854$5,485,686▼ $815,168
Total Liabilities$388,872,129$573,369,415▲ $184,497,286
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,524,789$41,668,517▲ $2,143,728
Total Liabilities and Net Assets / Fund Balance$428,396,918$615,037,932▲ $186,641,014

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,628,862$2,823,846$13,452,708
Land$7,312,607-$7,312,607
Equipment$1,009,320$2,877,043$3,886,363
Other Land Buildings$385,579$551,867$937,446
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SouthallPresident/CEOFT$331,553$192,295$523,848
Michael GladdenEvp/COOFT$279,512$202,901$482,413
Jeremy HintonSVP/CFOFT$228,847$163,066$391,913
Daniel ChaplikDirector Operations/lending/collections/facilitiesFT$241,988$52,446$294,434
Daniel ChaplikDirector Operations/lending/collecti-$169,597$124,837$294,434
Charles PowellDirector Business & Mortgage LendingFT$165,284$122,701$287,985
Kenneth MitchellMarket Leader- Northern Panhandle RegionFT$219,158$41,642$260,800
Kenneth MitchellMarket Leader- Northern Panhandle Re-$165,611$95,189$260,800
Angelia BurnettDirector ProjectsFT$150,400$66,434$216,834
Robert GuiceIt DirectorFT$141,948$34,322$176,270
Ruth ParkerMarketing DirectorFT$113,172$59,546$172,718
Jonathan SmileyBusiness Lending ManagerFT$113,199$53,593$166,792
Teresa AlexanderSenior AccountantFT$106,255$44,982$151,237

Board Members and Trustees

NameTitle
Craig EllisBoard Chair
Nancy LutherBoard Vice Chair
Anita BorughtonBoard Director
Ken WhiteBoard Director
Kim JohnsBoard Director
Rob FernandezBoard Director
Joshua ScribnerBoard Secretary
Kristopher MclaneBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack HenryTechnology Services663 W HWY 60, Monett, MO 65708$1,236,176
Access SoftekDigital Banking Platform727 ALLSTON WAY C, Berkeley, CA 94710$313,064
Mainstreet PropertiesMaintenance777 HUTCHINSON ROAD, Chipley, FL 32428$195,270
DoximCustomer Communications Management1911 WOODSLEE DRIVE, Troy, MI 48083$187,537
HonigmanLegal660 WOODWARD AVENUE, Detroit, MI 48226$155,000
Revenue and Support

Revenue Composition

Contributions and Grants
$165,855
Program Service Revenue
$30,936,287
Investment Income
$4,203,031
Other Revenue
$0
Change in Net Assets
$2,537,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,305,173
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$35,305,173
Total Revenue per Form 990
$35,305,173
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,353,889
Salaries, Compensation, and Employee Benefits$10,413,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$11,380,923
Other Salaries and Wages---$5,852,866
Current Officers, Directors, Trustees, and Key Employees---$2,241,393
Information Technology---$1,810,340
Office Expenses---$1,537,914
Fees for Services Other---$1,295,099
Pension Plan Contributions---$1,013,108
Depreciation Depletion---$918,847
Other Employee Benefits---$824,951
Fees for Services Accounting---$711,030
Advertising---$557,195
Payroll Taxes---$481,276
Occupancy---$441,258
Travel---$119,883
Other Expenses---$119,537
All Other Expenses---$96,085
Fees for Services Legal---$63,891
Conferences and Meetings---$9,165
Total Functional Expenses$0$0$0$32,767,483

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$32,767,483
Total Expenses per Audited Statements$32,767,483
Total Expenses per Form 990$32,767,483
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$7,802,751$8,344,853▲ $542,102
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$554,883,729
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a cooperative credit union owned by its members.”

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

“The organization's members elect the board of directors at an annual meeting.”

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

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

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

“Annual tax returns are reviewed by officers and board of directors.”

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

“The enforcement of conflicts of interest are carried out by the organization. Any conflicts of interests related to officers and directors are reported to the state as part of annual regulatory audit.”

Form 990, Part VI, Section B, Line 15

“Compensation for top official (ceo) is comprised of both a credit union and bank peer comparison survey. The survey is presented to the board of directors and the board approves the salary of the ceo. The ceo contract is written and approved by the board of directors. Compensation for officers and key employees is determined using credit union and bank peer comparison survey. The information is presented to the board of directors and a salary range or increases are approved by the board of directors. The ceo then approves all salary increases based on board guidelines.”

Form 990, Part VI, Section C, Line 19

“Governing documents, bylaws, and copies of tax returns are made available upon request. These documents are provided in copy format within reasonable time frames.”

Filing and Contact Details

Filer

Filer Name
Innovations Financial Credit Union
EIN
59-0706843
Phone
8502490620
Address
910 THOMAS DRIVE, PANAMA CITY, FL 32408

Signing Officer

Name
Jeremy Hinton
Title
CFO
Phone
8502490620
Signed
2025-11-17

Organization Details

Principal Officer
David Southall
Formed
1952
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
112
Volunteers
8

Preparer

Firm
Doeren Mayhew
Address
8785 SW 165TH AVENUE SUITE 303, MIAMI, FL 33193
Preparer
Aubrey Clegg
Phone
3052328272
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“OPERATING FEE 96,085.”

FORM 990, PART XII, LINE 2C:

“The oversight and selection process has not changed from the prior tax year.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt from most federal, state and local income taxes under the provisions of the internal revenue code (irc) and state tax laws. However, irc section 511 imposes a tax on the unrelated business income derived by state-chartered credit unions. Generally, these taxes are insignificant to the credit union.”

Raw XML AppendixShowing 400 of 758 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/Form990PartVIISectionAGrp/PersonNm12CHARLES POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm13KENNETH MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm14ANGELIA BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT GUICE
IRS990/Form990PartVIISectionAGrp/PersonNm16RUTH PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm17JONATHAN SMILEY
IRS990/Form990PartVIISectionAGrp/PersonNm18TERESA ALEXANDER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10323155
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11241988
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12234987
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16145590
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9EVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OPERATIONS/LENDING/COLLECTIONS/FACILITIES
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR BUSINESS & MORTGAGE LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13MARKET LEADER- NORTHERN PANHANDLE REGION
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR PROJECTS
IRS990/Form990PartVIISectionAGrp/TitleTxt15IT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16MARKETING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17BUSINESS LENDING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SENIOR ACCOUNTANT
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt035305173
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndivRcvdGreaterThan100KCnt017
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01810340
IRS990/IntangibleAssetsGrp/EOYAmt015603017
IRS990/InterestGrp/TotalAmt011380923
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04203031
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04203031
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01153000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01535252
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01337840
IRS990/InvestmentsPubTradedSecGrp/EOYAmt019112240
IRS990/IRPDocumentCnt06880
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06252756
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IRS990/LandBldgEquipCostOrOtherBssAmt025589124
IRS990/LegalDomicileStateCd0FL
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL AND LENDING SERVICES TO INDIVIDUALS AND BUSINESSES LOCATED WITHIN THE COUNTIES OF BAY, HOLMES, WASHINGTON, JACKSON, CALHOUN, GULF, WALTON, OKALOOSA, FRANKLIN & LIBERTY LOCATED IN THE STATE OF FLORIDA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt039524789
IRS990/NetAssetsOrFundBalancesEOYAmt041668517
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-393962
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0441258
IRS990/OfficeExpensesGrp/TotalAmt01537914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05246363
IRS990/OtherAssetsTotalGrp/EOYAmt08492053
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0824951
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt01965840
IRS990/OtherExpensesGrp/TotalAmt1908020
IRS990/OtherExpensesGrp/TotalAmt2418862
IRS990/OtherExpensesGrp/TotalAmt3119537
IRS990/OtherLiabilitiesGrp/BOYAmt0382571275
IRS990/OtherLiabilitiesGrp/EOYAmt0554883729
IRS990/OtherSalariesAndWagesGrp/TotalAmt05852866
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0369778044
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0446786410
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01013108
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0615471
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01175977
IRS990/PrincipalOfficerNm0DAVID SOUTHALL
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IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES, CHARGES, & OTHER
IRS990/ProgramServiceRevenueGrp/Desc2FINANCE & INSURANCE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17079527
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2129420
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0129420
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE 16,356 LOANS INCLUDING MORTGAGES, BUSINESS, HOME EQUITY, CREDIT CARDS, SHARE SECURED, VEHICLE, AND LINE OF CREDIT LOANS WITH AGGREGATE LOAN BALANCES THAT APPROXIMATED $448,771,000 AS OF DECEMBER 31, 2024.
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IRS990/PYSalariesCompEmpBnftPaidAmt08347309
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026668120
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt08344853
IRS990/ReconcilationRevenueExpnssAmt02537690
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IRS990/ReportOtherLiabilitiesInd01
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt041668517
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026465416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088346124
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt010628862
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02823846
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013452708
IRS990ScheduleD/EquipmentGrp/BookValueAmt01009320
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02877043
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03886363
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt032767483
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07312607
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07312607
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0385579
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0551867
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0937446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0554883729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt035305173
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

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