Civic Intelligence

State Chartered Credit Unions in Florida Florida Central Credit Union

990 • Fiscal year 2021 • EIN 59-0857430

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

3333 Henderson BlvdTampa, FL 33609

(813) 879-3333

Siviq Scores

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

Liabilities / Assets

100th percentile

0.94x

Higher debt load relative to assets than 100% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

30.01x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Net Margin

1st percentile

-0.9%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

67th percentile

$474,098

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Asset Growth

26th percentile

8.2%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-4.4%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Assets

Up

$620,353,009

Up $47,250,740 (+8.2%) from 2020

Net Assets

Down

$34,641,490

Down $3,585,486 (-9.4%) from 2020

Liabilities

Up

$585,711,519

Up $50,836,226 (+9.5%) from 2020

Revenue

Down

$19,516,716

Down $894,066 (-4.4%) from 2020

Expenses

Down

$19,696,004

Down $1,050,973 (-5.1%) from 2020

Net Income

Up

-$179,288

Up $156,907 (+47%) from 2020

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: $299,100,711Liabilities 2010: $269,743,004Net Assets 2010: $29,357,7072010Assets 2011: $356,257,822Liabilities 2011: $324,020,003Net Assets 2011: $32,237,8192011Assets 2012: $384,383,811Liabilities 2012: $351,831,346Net Assets 2012: $32,552,4652012Assets 2013: $386,819,806Liabilities 2013: $351,702,678Net Assets 2013: $35,117,1282013Assets 2014: $390,919,027Liabilities 2014: $352,823,472Net Assets 2014: $38,095,5552014Assets 2015: $413,769,774Liabilities 2015: $377,444,698Net Assets 2015: $36,325,0762015Assets 2016: $439,134,010Liabilities 2016: $406,071,845Net Assets 2016: $33,062,1652016Assets 2017: $451,208,582Liabilities 2017: $415,371,809Net Assets 2017: $35,836,7732017Assets 2018: $498,115,505Liabilities 2018: $462,344,975Net Assets 2018: $35,770,5302018Assets 2019: $495,049,945Liabilities 2019: $458,833,766Net Assets 2019: $36,216,1792019Assets 2020: $573,102,269Liabilities 2020: $534,875,293Net Assets 2020: $38,226,9762020Assets 2021: $620,353,009Liabilities 2021: $585,711,519Net Assets 2021: $34,641,4902021Assets 2022: $591,612,328Liabilities 2022: $584,226,613Net Assets 2022: $7,385,7152022Assets 2023: $594,851,998Liabilities 2023: $581,753,348Net Assets 2023: $13,098,6502023Assets 2024: $600,624,639Liabilities 2024: $585,919,502Net Assets 2024: $14,705,1372024

Highlighted filing

2021

Assets$620,353,009
Liabilities$585,711,519
Net Assets$34,641,490

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $17,930,7782010Expenses 2011: $17,869,7112011Revenue 2012: $20,565,312Expenses 2012: $18,274,372Net Income 2012: $2,290,9402012Revenue 2013: $20,218,687Expenses 2013: $18,458,706Net Income 2013: $1,759,9812013Revenue 2014: $21,596,623Expenses 2014: $19,052,206Net Income 2014: $2,544,4172014Revenue 2015: $21,602,757Expenses 2015: $21,439,453Net Income 2015: $163,3042015Revenue 2016: $21,552,272Expenses 2016: $22,450,802Net Income 2016: -$898,5302016Revenue 2017: $20,703,924Expenses 2017: $18,802,642Net Income 2017: $1,901,2822017Revenue 2018: $21,071,123Expenses 2018: $19,952,284Net Income 2018: $1,118,8392018Revenue 2019: $22,829,219Expenses 2019: $23,254,955Net Income 2019: -$425,7362019Revenue 2020: $20,410,782Expenses 2020: $20,746,977Net Income 2020: -$336,1952020Revenue 2021: $19,516,716Expenses 2021: $19,696,004Net Income 2021: -$179,2882021Revenue 2022: $22,088,773Expenses 2022: $19,819,876Net Income 2022: $2,268,8972022Revenue 2023: $27,385,819Expenses 2023: $25,533,813Net Income 2023: $1,852,0062023Revenue 2024: $31,798,268Expenses 2024: $30,792,561Net Income 2024: $1,005,7072024

Highlighted filing

2021

Revenue$19,516,716
Expenses$19,696,004
Net Income-$179,288
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$125,587,205
Mission and Program Overview

Mission

Floridacentral credit union is a member owned cooperative dedicated to promoting thrift and providing its members with competitively priced, quality financial services while maintaining service in a professional, accurate and efficient manner to all members regardless of socio-economic status.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$319,872,523$315,310,043▼ $4,562,480
Investments in Publicly Traded Securities$123,401,910$153,703,637▲ $30,301,727
Savings and Temporary Cash Investments$75,783,917$90,816,324▲ $15,032,407
Rtn Earn Endowment Incm Other Fnds$38,226,976$34,641,490▼ $3,585,486
Land, Buildings, and Equipment, Net$21,005,936$21,760,089▲ $754,153
Prepaid Expenses and Deferred Charges$8,675,235$10,820,547▲ $2,145,312
Cash and Non-Interest-Bearing Accounts$3,023,144$3,297,625▲ $274,481
Investments Other Securities$1,259,990$1,389,961▲ $129,971
Accounts Receivable$575,581$46,527▼ $529,054
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$573,102,269$620,353,009▲ $47,250,740
Other Assets Total$19,504,033$23,208,256▲ $3,704,223
Liabilities
Other Liabilities$531,209,582$581,788,128▲ $50,578,546
Accounts Payable and Accrued Expenses$3,665,711$3,923,391▲ $257,680
Total Liabilities$534,875,293$585,711,519▲ $50,836,226
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,226,976$34,641,490▼ $3,585,486
Total Liabilities and Net Assets / Fund Balance$573,102,269$620,353,009▲ $47,250,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,367,801$2,668,839$16,036,640
Land$6,776,526-$6,776,526
Equipment$1,520,742$4,734,337$6,255,079
Leasehold Improvements$95,020$450,497$545,517
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laida E GarciaCEO/board TreasurerFT$376,427$97,671$474,098
Ronald McfarlandResidential Lending ManagerFT$54,687$202,425$257,112
Sharon HillCFOFT$196,695$29,881$226,576
Julie FlattEvp/COOFT$199,200$18,615$217,815
Brian RobinsonSVP/CMOFT$129,296$67,645$196,941
Joseph MattaContollerFT$142,484$37,142$179,626
Patricia WaddellIt ManagerFT$126,728$49,112$175,840
Craig BurkhardCheif Credit OfficerFT$147,070$27,388$174,458
Thomas ChestnuttDirector of SalesFT$103,324$70,400$173,724
Carla GantVP HumanFT$111,881$45,106$156,987
Mitchell Scott NewbergerCOOFT$114,832$20,759$135,591
Kenneth H SpenceSecretary-$1,832-$1,832
David SteffenDirector-$1,700-$1,700
William MignoneDirector-$1,502-$1,502
Stephen ShearDirector-$1,360-$1,360

Board Members and Trustees

NameTitle
Margaret SpurrierChairperson
Stevie OserlandVice Chairman

Highest Paid Contractors

ContractorServicesLocationCompensation
Jo Delotto & SonsContractor924 EAST BUSCH BLVD, Tampa, FL 33612$828,691
Fiserv INCCore SystemPO BOX 934057, Atlanta, GA 31193-4057$369,629
Kasasa LtdChecking AcctsPO BOX 527, Lubbock, TX 79408$330,880
Connect FinancialHomebankingPO BOX 923, Sandy, UT 84091$290,156
People 20 Global LPTemp EmploymentPO BOX 536853, Atlanta, GA 30353-6853$277,513
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,947,777
Investment Income
$3,568,939
Other Revenue
$0
Change in Net Assets
$-179,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,442,308
Salaries, Compensation, and Employee Benefits$9,253,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,390,061
Interest---$1,541,163
Current Officers, Directors, Trustees, and Key Employees---$1,414,558
Pension Plan Contributions---$1,068,269
Office Expenses---$1,021,962
Other Employee Benefits---$886,890
Depreciation Depletion---$808,128
Occupancy---$764,261
Advertising---$604,670
Payroll Taxes---$493,918
Other Expenses---$480,249
All Other Expenses---$471,118
Fees for Services Other---$209,235
Insurance---$169,650
Information Technology---$148,172
Fees for Services Accounting---$90,968
Travel---$59,918
Fees for Services Management---$37,872
Fees for Services Legal---$30,733
Conferences and Meetings---$8,939
Total Functional Expenses$0$0$0$19,696,004
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
Regular Shares$213,231,469
Ultimate Checking$171,612,964
Money Market$69,225,570
Time Deposits$55,488,268
Checking Accounts$50,921,028
Ira Accounts$11,270,940
Ira Certificates$9,681,478
Christmas Club$356,411
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

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

The organization is member owned. A credit union is led by a board of directors (all of whom must be members themselves), which is elected by the credit union membership. Each member gets one vote.

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. Decisions are made by the governing body who represents the membership of the credit union.

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

The accounting manager is in charge of preparing form 990. The president and ceo of the credit union along with the cfo review the return and make the necessary corrections. The return is filed when completed.

Form 990, Part VI, Section B, Line 15

A performance evaluation form is completed by the board annually for the ceo. The ceo's salary is also determined by the board. For other officers or key employees, an evaluation is performed annually by the ceo. Job grades and compensation ranges for each grade are established by a third-party compensation form; koger, goodwin and associates.

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 available for public viewing on the ncua.gov website via the quarterly 5300 filing.

Filing and Contact Details

Filer

Filer Name
State Chartered Credit Unions in Florida
EIN
59-0857430
Phone
8138793333
Address
3333 HENDERSON BLVD, TAMPA, FL 33609
Doing Business As
Florida Central Credit Union

Signing Officer

Name
Laida E Garcia
Title
CEO/treasurer of the Board
Phone
8133876112
Signed
2022-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laida E Garcia
Formed
1991
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
6
Employees
196
Volunteers
9

Preparer

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

Additional Explanations

Form 990, Part IX, Line 24E

Home banking 314,455. Association dues 79,354. Miscellaneous expense 66,445. Education and promotion 40,924. Other losses 19,485. Provision for loan losses -49,545.

FORM 990, PART XI, LINE 9:

Net pension losses 1,941,984.

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:

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 706 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/BOYAmt03665711
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03923391
IRS990/AccountsReceivableGrp/BOYAmt0575581
IRS990/AccountsReceivableGrp/EOYAmt046527
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS.
IRS990/AdvertisingGrp/TotalAmt0604670
IRS990/AllOtherExpensesGrp/TotalAmt0471118
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0SHARON HILL
IRS990/BooksInCareOfDetail/PhoneNum08133876144
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03333 HENDERSON BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TAMPA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033609
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt03023144
IRS990/CashNonInterestBearingGrp/EOYAmt03297625
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt018
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01414558
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt08939
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0828691
IRS990/ContractorCompensationGrp/CompensationAmt1369629
IRS990/ContractorCompensationGrp/CompensationAmt2330880
IRS990/ContractorCompensationGrp/CompensationAmt3290156
IRS990/ContractorCompensationGrp/CompensationAmt4277513
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0924 EAST BUSCH BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 934057
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 527
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 923
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 536853
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0TAMPA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LUBBOCK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3SANDY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3UT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd033612
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1311934057
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd279408
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd384091
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd4303536853
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0JO DELOTTO & SONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FISERV INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2KASASA LTD
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3CONNECT FINANCIAL
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4PEOPLE 20 GLOBAL LP
IRS990/ContractorCompensationGrp/ServicesDesc0CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc1CORE SYSTEM
IRS990/ContractorCompensationGrp/ServicesDesc2CHECKING ACCTS
IRS990/ContractorCompensationGrp/ServicesDesc3HOMEBANKING
IRS990/ContractorCompensationGrp/ServicesDesc4TEMP EMPLOYMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03568939
IRS990/CYOtherExpensesAmt010442308
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt015947777
IRS990/CYRevenuesLessExpensesAmt0-179288
IRS990/CYSalariesCompEmpBnftPaidAmt09253696
IRS990/CYTotalExpensesAmt019696004
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019516716
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0808128
IRS990/Desc0INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0FLORIDA CENTRAL CREDIT UNION
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0196
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt090968
IRS990/FeesForServicesLegalGrp/TotalAmt030733
IRS990/FeesForServicesManagementGrp/TotalAmt037872
IRS990/FeesForServicesOtherGrp/TotalAmt0209235
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt097671
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt718615
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt829881
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt927388
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1020759
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1114642
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1249112
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1348525
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1467645
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1545106
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1629225
IRS990/Form990PartVIISectionAGrp/PersonNm0LAIDA E GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM MIGNONE
IRS990/Form990PartVIISectionAGrp/PersonNm2MARGARET SPURRIER
IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN SHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVIE OSERLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID STEFFEN
IRS990/Form990PartVIISectionAGrp/PersonNm6KENNETH H SPENCE
IRS990/Form990PartVIISectionAGrp/PersonNm7JULIE FLATT
IRS990/Form990PartVIISectionAGrp/PersonNm8SHARON HILL
IRS990/Form990PartVIISectionAGrp/PersonNm9CRAIG BURKHARD
IRS990/Form990PartVIISectionAGrp/PersonNm10MITCHELL SCOTT NEWBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH MATTA
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICIA WADDELL
IRS990/Form990PartVIISectionAGrp/PersonNm13THOMAS CHESTNUTT
IRS990/Form990PartVIISectionAGrp/PersonNm14BRIAN ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm15CARLA GANT
IRS990/Form990PartVIISectionAGrp/PersonNm16RONALD MCFARLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0376427
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11502
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61832
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7199200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8196695
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9147070
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10114832
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11164984
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12126728
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13125199
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14129296
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15111881
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16227887
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/TitleTxt0CEO/BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7EVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHEIF CREDIT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CONTOLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt12IT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF SALES
IRS990/Form990PartVIISectionAGrp/TitleTxt14SVP/CMO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP HUMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16RESIDENTIAL LENDING MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-666661
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0105403828
IRS990/GrossReceiptsAmt0125587205
IRS990/GroupExemptionNum02106
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0148172
IRS990/InsuranceGrp/TotalAmt0169650
IRS990/InterestGrp/TotalAmt01541163
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04235600
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04235600
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01259990
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01389961
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0123401910
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0153703637
IRS990/IRPDocumentCnt010611
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07853673
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021005936
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021760089
IRS990/LandBldgEquipCostOrOtherBssAmt029613762
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0106070489
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt038226976
IRS990/NetAssetsOrFundBalancesEOYAmt034641490
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-666661
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-666661
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-5348182
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0764261
IRS990/OfficeExpensesGrp/TotalAmt01021962
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019504033
IRS990/OtherAssetsTotalGrp/EOYAmt023208256
IRS990/OtherChangesInNetAssetsAmt01941984
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0886890
IRS990/OtherExpensesGrp/Desc0SHARE/DEBIT/CREDIT CARD
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc2CREDIT AND COLLECTION E
IRS990/OtherExpensesGrp/Desc3ATM EXPENSE
IRS990/OtherExpensesGrp/TotalAmt01815482
IRS990/OtherExpensesGrp/TotalAmt11512054
IRS990/OtherExpensesGrp/TotalAmt2667734
IRS990/OtherExpensesGrp/TotalAmt3480249
IRS990/OtherLiabilitiesGrp/BOYAmt0531209582
IRS990/OtherLiabilitiesGrp/EOYAmt0581788128
IRS990/OtherSalariesAndWagesGrp/TotalAmt05390061
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0319872523
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0315310043
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0493918
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01068269
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08675235
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010820547
IRS990/PrincipalOfficerNm0LAIDA E GARCIA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES/CHARGES/OTHER
IRS990/ProgramServiceRevenueGrp/Desc2FINANCE & INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010418110
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15488719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010418110
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15488719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt240948
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt040948
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02959827
IRS990/PYOtherExpensesAmt011950249
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt017450955
IRS990/PYRevenuesLessExpensesAmt0-336195
IRS990/PYSalariesCompEmpBnftPaidAmt08796728
IRS990/PYTotalExpensesAmt020746977
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020410782
IRS990/ReconcilationRevenueExpnssAmt0-179288
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt038226976
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt034641490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075783917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090816324
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013367801
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02668839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016036640
IRS990ScheduleD/EquipmentGrp/BookValueAmt01520742
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04734337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06255079
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06776526
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06776526
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt095020
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0450497
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0545517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0213231469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1356411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt255488268
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt350921028
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4171612964
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt511270940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt69681478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt769225570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHRISTMAS CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TIME DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CHECKING ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ULTIMATE CHECKING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5IRA ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6IRA CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7MONEY MARKET
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021760089
IRS990ScheduleD/TotalLiabilityAmt0581788128
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/PersonalServicesInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0376427

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$601$586$14.7$31.8$30.8$1.01
2023Detailed filing. Detailed filing data is available for this year.$595$582$13.1$27.4$25.5$1.85
2022Detailed filing. Detailed filing data is available for this year.$592$584$7.39$22.1$19.8$2.27
2021Detailed filing. Detailed filing data is available for this year.$620$586$34.6$19.5$19.7$0.18
2020Detailed filing. Detailed filing data is available for this year.$573$535$38.2$20.4$20.7$0.34
2019Detailed filing. Detailed filing data is available for this year.$495$459$36.2$22.8$23.3$0.43
2018Detailed filing. Detailed filing data is available for this year.$498$462$35.8$21.1$20.0$1.12
2017Detailed filing. Detailed filing data is available for this year.$451$415$35.8$20.7$18.8$1.90
2016Detailed filing. Detailed filing data is available for this year.$439$406$33.1$21.6$22.5$0.90
2015Detailed filing. Detailed filing data is available for this year.$414$377$36.3$21.6$21.4$0.16
2014Detailed filing. Detailed filing data is available for this year.$391$353$38.1$21.6$19.1$2.54
2013Detailed filing. Detailed filing data is available for this year.$387$352$35.1$20.2$18.5$1.76
2012Summary only. Only limited summary data is available for this year.$384$352$32.6$20.6$18.3$2.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$356$324$32.2$17.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$299$270$29.4$17.9
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)14 • $250M-$1B nonprofits