Civic Intelligence

State Chartered Credit Unions in Florida University Credit Union

EIN 59-0747276 • 501(c)14 • Miami, FL

Profile

To provide a variety of quality financial services for our members to improve their financial status.

13241 SW 136 StMiami, FL 33186-5822

www.myunicu.coop

Siviq Scores

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

Liabilities / Assets

98th percentile

0.95x

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

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

22.64x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

36th percentile

8.7%

Higher net margin than 36% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$552,929

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

3rd percentile

-6.6%

Faster asset growth than 3% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

3.8%

Faster revenue growth than 15% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Down

$238,682,530

Down $16,821,033 (-6.6%) from 2023

Liabilities

Down

$226,198,919

Down $18,192,771 (-7.4%) from 2023

Net Assets

Up

$12,483,611

Up $1,371,738 (+12%) from 2023

Revenue

Up

$9,990,658

Up $364,534 (+3.8%) from 2023

Expenses

Up

$9,118,413

Up $509,607 (+5.9%) from 2023

Net Income

Down

$872,245

Down $145,073 (-14%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $175,560,725Liabilities 2010: $153,983,586Net Assets 2010: $21,577,1392010Assets 2011: $182,354,149Liabilities 2011: $163,251,248Net Assets 2011: $19,102,9012011Assets 2012: $188,947,776Liabilities 2012: $169,844,585Net Assets 2012: $19,103,1912012Assets 2013: $190,386,922Liabilities 2013: $171,777,442Net Assets 2013: $18,609,4802013Assets 2014: $189,784,868Liabilities 2014: $170,813,123Net Assets 2014: $18,971,7452014Assets 2015: $189,737,024Liabilities 2015: $171,956,510Net Assets 2015: $17,780,5142015Assets 2016: $196,221,716Liabilities 2016: $179,013,933Net Assets 2016: $17,207,7832016Assets 2017: $203,946,434Liabilities 2017: $186,549,656Net Assets 2017: $17,396,7782017Assets 2018: $207,089,083Liabilities 2018: $188,909,706Net Assets 2018: $18,179,3772018Assets 2019: $209,679,627Liabilities 2019: $189,421,927Net Assets 2019: $20,257,7002019Assets 2020: $244,482,232Liabilities 2020: $222,898,202Net Assets 2020: $21,584,0302020Assets 2021: $259,434,807Liabilities 2021: $239,289,762Net Assets 2021: $20,145,0452021Assets 2022: $261,583,999Liabilities 2022: $253,338,158Net Assets 2022: $8,245,8412022Assets 2023: $255,503,563Liabilities 2023: $244,391,690Net Assets 2023: $11,111,8732023Assets 2024: $238,682,530Liabilities 2024: $226,198,919Net Assets 2024: $12,483,6112024

Highlighted filing

2024

Assets$238,682,530
Liabilities$226,198,919
Net Assets$12,483,611

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,834,7872010Expenses 2011: $11,158,4062011Expenses 2012: $8,331,8682012Revenue 2013: $7,582,942Expenses 2013: $8,047,883Net Income 2013: -$464,9412013Revenue 2014: $7,751,253Expenses 2014: $7,528,862Net Income 2014: $222,3912014Revenue 2015: $7,283,230Expenses 2015: $8,239,517Net Income 2015: -$956,2872015Revenue 2016: $7,281,343Expenses 2016: $7,172,947Net Income 2016: $108,3962016Revenue 2017: $7,425,143Expenses 2017: $7,202,850Net Income 2017: $222,2932017Revenue 2018: $8,047,302Expenses 2018: $7,067,061Net Income 2018: $980,2412018Revenue 2019: $8,331,691Expenses 2019: $7,264,185Net Income 2019: $1,067,5062019Revenue 2020: $7,581,620Expenses 2020: $7,356,576Net Income 2020: $225,0442020Revenue 2021: $7,623,548Expenses 2021: $6,728,018Net Income 2021: $895,5302021Revenue 2022: $8,027,074Expenses 2022: $7,256,462Net Income 2022: $770,6122022Revenue 2023: $9,626,124Expenses 2023: $8,608,806Net Income 2023: $1,017,3182023Revenue 2024: $9,990,658Expenses 2024: $9,118,413Net Income 2024: $872,2452024

Highlighted filing

2024

Revenue$9,990,658
Expenses$9,118,413
Net Income$872,245

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$239$226$12.5$9.99$9.12$0.87
2023Summary only. Only limited summary data is available for this year.$256$244$11.1$9.63$8.61$1.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$262$253$8.25$8.03$7.26$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$259$239$20.1$7.62$6.73$0.90
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$244$223$21.6$7.58$7.36$0.23
2019Summary only. Only limited summary data is available for this year.$210$189$20.3$8.33$7.26$1.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$207$189$18.2$8.05$7.07$0.98
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$204$187$17.4$7.43$7.20$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$196$179$17.2$7.28$7.17$0.11
2015Summary only. Only limited summary data is available for this year.$190$172$17.8$7.28$8.24$0.96
2014Detailed filing. Detailed filing data is available for this year.$190$171$19.0$7.75$7.53$0.22
2013Detailed filing. Detailed filing data is available for this year.$190$172$18.6$7.58$8.05$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$189$170$19.1$8.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$182$163$19.1$11.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$154$21.6$10.8
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$8,027,074
Mission and Program Overview

Mission

To provide a variety of quality financial services for our members to improve their financial status.

The mission of university credit union is to provide a variety of quality financial services for our members to improve their financial status.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$96,255,616$110,911,476▲ $14,655,860
Investments in Publicly Traded Securities$101,717,396$89,817,419▼ $11,899,977
Savings and Temporary Cash Investments$34,151,921$32,161,108▼ $1,990,813
Investments Other Securities$9,642,336$11,074,836▲ $1,432,500
Land, Buildings, and Equipment, Net$9,611,914$9,364,519▼ $247,395
Rtn Earn Endowment Incm Other Fnds$20,145,045$8,245,841▼ $11,899,204
Cash and Non-Interest-Bearing Accounts$890,399$1,072,702▲ $182,303
Accounts Receivable$1,180,077$732,306▼ $447,771
Prepaid Expenses and Deferred Charges$292,791$277,018▼ $15,773
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$259,434,807$261,583,999▲ $2,149,192
Other Assets Total$5,692,357$6,172,615▲ $480,258
Liabilities
Other Liabilities$236,327,618$239,633,573▲ $3,305,955
Accounts Payable and Accrued Expenses$2,962,144$13,704,585▲ $10,742,441
Total Liabilities$239,289,762$253,338,158▲ $14,048,396
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,145,045$8,245,841▼ $11,899,204
Total Liabilities and Net Assets / Fund Balance$259,434,807$261,583,999▲ $2,149,192

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,750,438$2,523,945$8,274,383
Equipment$439,665$3,448,173$3,887,838
Land$3,001,502-$3,001,502
Leasehold Improvements$172,914$622,720$795,634
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael J Welch SrPresident/CEOFT$270,946$32,114$303,060
Albert E RoseEvp/COOFT$174,048$32,304$206,352
Riccardo FrancoisVP Senior Lending OfficerFT$114,383$8,995$123,378
Eric J HoskinsSVP/CIOFT$118,393$4,144$122,537
Johan MolinaAvp of AccountingFT$69,453$8,685$78,138
Thomas SmithVP/controllerFT$39,498$4,370$43,868

Board Members and Trustees

NameTitle
Remberto SanchezChairman
Humberto SpezianiVice Chairman
Anthony MustoAssociate Board Member
Kathie AlexanderAssociate Board Member
Alex CollinsBoard Member
Bob BurnsBoard Member
Nicholas DiciaccoBoard Member
Thomas SantoroBoard Member
Benjamin SalzSecretary
Dr Scott IngoldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservCore Processor, Home Banking, Bill PayerPO BOX 208457, Dallas, TX 75320-8457$372,318
PscuCredit Card Processing560 CARILLON PARKWAY, St Petersburg, FL 33716$309,841
Q2 Software INCSoftware10355 PECAN PARK BLVD, Austin, TX 78729$245,300
Miami Dade Tax CollectorProperty Taxes200 NW 2 AVENUE, Miami, FL 33128$128,885
At&tPhone/internet ServicesPO BOX 64, Carol Stream, IL 60197$103,353
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,743,305
Investment Income
$2,283,769
Other Revenue
$0
Change in Net Assets
$770,612

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,027,074
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,027,074
Total Revenue per Form 990
$8,027,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,124,057
Salaries, Compensation, and Employee Benefits$3,132,405
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,822,234
Current Officers, Directors, Trustees, and Key Employees---$753,955
All Other Expenses---$397,622
Information Technology---$377,780
Interest---$351,454
Other Employee Benefits---$291,495
Other Expenses---$282,655
Occupancy---$278,266
Office Expenses---$253,183
Advertising---$235,942
Fees for Services Other---$217,232
Depreciation Depletion---$216,979
Insurance---$198,832
Payroll Taxes---$187,864
Pension Plan Contributions---$76,857
Fees for Services Accounting---$75,926
Fees for Services Legal---$57,630
Conferences and Meetings---$10,044
Travel---$3,891
Total Functional Expenses$0$0$0$7,256,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,256,462
Total Expenses per Audited Statements$7,256,462
Total Expenses per Form 990$7,256,462
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares and Clubs$95,168,200
Share Drafts$70,786,479
Money Market$45,914,375
Shares Certificates$22,817,119
Ira Shares$4,947,400
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 2

Family relationship - board chairman, remberto sanchez is the son-in-law of board treasurer, scott ingold.

Form 990, Part VI, Section A, Line 6

The organization has members.

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

The credit union membership may participate in the election of officials.

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

The form is prepared in part by the avp of accounting and the avp of human resources and training. Information is sent to the preparer, doeren mayhew, to complete the form. It is then reviewed by the avp of accounting, the avp of human resources and training, the executive vice president/chief information officer, and president/ceo before the final filing.

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

The standards of conduct policy is sent to all team members and all members of the board of directors to review and sign on an annual basis.

Form 990, Part VI, Section B, Line 15

The board of directors sets goals and has an annual review for the president/ceo and they determine the salary. All other employees receive a review every december and that is when the annual raises are determined based on the performance of the employee and the raise pool approved by the bod.

Form 990, Part VI, Section C, Line 19

The credit union's governing documents are not made available to the public. The credit union's conflict of interest policy is not made available to the public. The credit union's financial statements are made available for public viewing on ncua.gov via the quarterly 5300 filing.

Filing and Contact Details

Filer

Filer Name
State Chartered Credit Unions in Florida
EIN
59-0747276
Phone
7864255000
Address
13241 SW 136 ST, MIAMI, FL 33186-5822
Doing Business As
University Credit Union

Signing Officer

Name
Eric J Hoskins
Title
Evp/CIO
Phone
7864255010
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Albert E Rose
Formed
1947
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
61
Volunteers
10

Preparer

Firm
Doeren Mayhew
Address
12060 S W 129TH COURT STE 201, MIAMI, FL 33186-4582
Preparer
John J Murnane
Phone
3052328272
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Maintenance 215,478. Taxes 128,885. Miscellaneous expense 53,259.

Form 990, Part XII, Line 2C

There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.

Financial Statement Notes

PART X, LINE 2:

Income taxes 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 525 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02962144
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013704585
IRS990/AccountsReceivableGrp/BOYAmt01180077
IRS990/AccountsReceivableGrp/EOYAmt0732306
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF UNIVERSITY CREDIT UNION IS TO PROVIDE A VARIETY OF QUALITY FINANCIAL SERVICES FOR OUR MEMBERS TO IMPROVE THEIR FINANCIAL STATUS.
IRS990/AdvertisingGrp/TotalAmt0235942
IRS990/AllOtherExpensesGrp/TotalAmt0397622
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum07864255000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt013241 SW 136 STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0753955
IRS990/CompensationFromOtherSrcsInd00
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IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt010044
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0372318
IRS990/ContractorCompensationGrp/CompensationAmt1309841
IRS990/ContractorCompensationGrp/CompensationAmt2245300
IRS990/ContractorCompensationGrp/CompensationAmt3128885
IRS990/ContractorCompensationGrp/CompensationAmt4103353
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IRS990/CreditCounselingInd00
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IRS990/CYOtherRevenueAmt00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1128704
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt124144
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt148685
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt158995
IRS990/Form990PartVIISectionAGrp/PersonNm0REMBERTO SANCHEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1HUMBERTO SPEZIANI
IRS990/Form990PartVIISectionAGrp/PersonNm2BENJAMIN SALZ
IRS990/Form990PartVIISectionAGrp/PersonNm3DR SCOTT INGOLD
IRS990/Form990PartVIISectionAGrp/PersonNm4BOB BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS SANTORO
IRS990/Form990PartVIISectionAGrp/PersonNm6NICHOLAS DICIACCO
IRS990/Form990PartVIISectionAGrp/PersonNm7ALEX COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm8ANTHONY MUSTO
IRS990/Form990PartVIISectionAGrp/PersonNm9KATHIE ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL J WELCH SR
IRS990/Form990PartVIISectionAGrp/PersonNm11ALBERT E ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm12ERIC J HOSKINS
IRS990/Form990PartVIISectionAGrp/PersonNm13THOMAS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHAN MOLINA
IRS990/Form990PartVIISectionAGrp/PersonNm15RICCARDO FRANCOIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12118393
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1339498
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15114383
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSOCIATE BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSOCIATE BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11EVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP/CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP/CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt14AVP OF ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP SENIOR LENDING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08027074
IRS990/GroupExemptionNum02106
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0377780
IRS990/InsuranceGrp/TotalAmt0198832
IRS990/InterestGrp/TotalAmt0351454
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02283769
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt011074836
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0101717396
IRS990/InvestmentsPubTradedSecGrp/EOYAmt089817419
IRS990/IRPDocumentCnt02550
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt09611914
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IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A VARIETY OF QUALITY FINANCIAL SERVICES FOR OUR MEMBERS TO IMPROVE THEIR FINANCIAL STATUS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020145045
IRS990/NetAssetsOrFundBalancesEOYAmt08245841
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-12669816
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0278266
IRS990/OfficeExpensesGrp/TotalAmt0253183
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherAssetsTotalGrp/BOYAmt05692357
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
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IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2FINANCE & INSURANCE
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0622720
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0795634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070786479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt195168200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt245914375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34947400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt422817119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARES AND CLUBS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IRA SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SHARES CERTIFICATES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt07256462
IRS990ScheduleD/TotalLiabilityAmt0239633573
IRS990ScheduleD/TotalRevenuePerForm990Amt08027074
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1174048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16218

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