Civic Intelligence

Jackson County 1St Credit Union

EIN 59-0994379 • 501(c)14 • Marianna, FL

Profile

Credit union - to provide services to approximately 2,889 members in the form of loans, savings, and other financial services.

4466 Clinton StreetMarianna, FL 32446

www.jacksoncountytcu.com

Siviq Scores

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

Liabilities / Assets

30th percentile

0.84x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

54th percentile

16.36x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Net Margin

36th percentile

5.8%

Higher net margin than 36% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

95th percentile

$292,518

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Asset Growth

95th percentile

12%

Faster asset growth than 95% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

47th percentile

7.9%

Faster revenue growth than 47% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

$42,265,930

Up $1,557,200 (+3.8%) from 2023

Liabilities

Up

$34,883,209

Up $1,223,338 (+3.6%) from 2023

Net Assets

Up

$7,382,721

Up $333,862 (+4.7%) from 2023

Revenue

Up

$2,256,677

Up $275,471 (+14%) from 2023

Expenses

Up

$1,922,815

Up $118,082 (+6.5%) from 2023

Net Income

Up

$333,862

Up $157,389 (+89%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $22,655,939Liabilities 2010: $18,055,846Net Assets 2010: $4,600,0932010Assets 2011: $22,896,071Liabilities 2011: $18,313,488Net Assets 2011: $4,582,5832011Assets 2012: $23,505,211Liabilities 2012: $18,611,670Net Assets 2012: $4,893,5412012Assets 2013: $24,347,607Liabilities 2013: $19,181,075Net Assets 2013: $5,166,5322013Assets 2014: $25,378,487Liabilities 2014: $20,162,041Net Assets 2014: $5,216,4462014Assets 2015: $25,005,439Liabilities 2015: $19,661,802Net Assets 2015: $5,343,6372015Assets 2016: $26,161,239Liabilities 2016: $20,583,126Net Assets 2016: $5,578,1132016Assets 2017: $26,546,955Liabilities 2017: $20,696,856Net Assets 2017: $5,850,0992017Assets 2018: $35,452,606Liabilities 2018: $29,201,234Net Assets 2018: $6,251,3722018Assets 2019: $34,572,256Liabilities 2019: $28,001,983Net Assets 2019: $6,570,2732019Assets 2020: $37,457,074Liabilities 2020: $30,797,116Net Assets 2020: $6,659,9582020Assets 2021: $41,372,065Liabilities 2021: $34,621,190Net Assets 2021: $6,750,8752021Assets 2022: $40,932,332Liabilities 2022: $33,966,329Net Assets 2022: $6,966,0032022Assets 2023: $40,708,730Liabilities 2023: $33,659,871Net Assets 2023: $7,048,8592023Assets 2024: $42,265,930Liabilities 2024: $34,883,209Net Assets 2024: $7,382,7212024

Highlighted filing

2024

Assets$42,265,930
Liabilities$34,883,209
Net Assets$7,382,721

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,753,0492010Revenue 2011: $1,768,854Expenses 2011: $1,565,889Net Income 2011: $202,9652011Expenses 2012: $1,405,4632012Revenue 2013: $1,706,065Expenses 2013: $1,562,524Net Income 2013: $143,5412013Revenue 2014: $1,698,657Expenses 2014: $1,378,805Net Income 2014: $319,8522014Revenue 2015: $1,696,105Expenses 2015: $1,480,718Net Income 2015: $215,3872015Revenue 2016: $1,759,300Expenses 2016: $1,440,243Net Income 2016: $319,0572016Revenue 2017: $1,842,154Expenses 2017: $1,535,445Net Income 2017: $306,7092017Revenue 2018: $1,922,843Expenses 2018: $1,845,651Net Income 2018: $77,1922018Revenue 2019: $2,048,809Expenses 2019: $1,880,548Net Income 2019: $168,2612019Revenue 2020: $1,866,807Expenses 2020: $1,746,912Net Income 2020: $119,8952020Revenue 2021: $1,876,829Expenses 2021: $1,696,698Net Income 2021: $180,1312021Revenue 2022: $1,924,592Expenses 2022: $1,721,081Net Income 2022: $203,5112022Revenue 2023: $1,981,206Expenses 2023: $1,804,733Net Income 2023: $176,4732023Revenue 2024: $2,256,677Expenses 2024: $1,922,815Net Income 2024: $333,8622024

Highlighted filing

2024

Revenue$2,256,677
Expenses$1,922,815
Net Income$333,862

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.3$34.9$7.38$2.26$1.92$0.33
2023Detailed filing. Detailed filing data is available for this year.$40.7$33.7$7.05$1.98$1.80$0.18
2022Detailed filing. Detailed filing data is available for this year.$40.9$34.0$6.97$1.92$1.72$0.20
2021Detailed filing. Detailed filing data is available for this year.$41.4$34.6$6.75$1.88$1.70$0.18
2020Detailed filing. Detailed filing data is available for this year.$37.5$30.8$6.66$1.87$1.75$0.12
2019Detailed filing. Detailed filing data is available for this year.$34.6$28.0$6.57$2.05$1.88$0.17
2018Detailed filing. Detailed filing data is available for this year.$35.5$29.2$6.25$1.92$1.85$0.08
2017Detailed filing. Detailed filing data is available for this year.$26.5$20.7$5.85$1.84$1.54$0.31
2016Detailed filing. Detailed filing data is available for this year.$26.2$20.6$5.58$1.76$1.44$0.32
2015Detailed filing. Detailed filing data is available for this year.$25.0$19.7$5.34$1.70$1.48$0.22
2014Detailed filing. Detailed filing data is available for this year.$25.4$20.2$5.22$1.70$1.38$0.32
2013Detailed filing. Detailed filing data is available for this year.$24.3$19.2$5.17$1.71$1.56$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$18.6$4.89$1.41
2011Summary only. Only limited summary data is available for this year.$22.9$18.3$4.58$1.77$1.57$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$18.1$4.60$1.75
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 8, 2025
Return Version
2024v5.0
Gross Receipts
$2,256,677
Mission and Program Overview

Mission

Credit union - to provide services to approximately 2,812 members in the form of loans, savings, and other financial services.

Credit union - to provide financial services for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$19,168,144$18,696,858▼ $471,286
Savings and Temporary Cash Investments$16,323,000$17,072,000▲ $749,000
Rtn Earn Endowment Incm Other Fnds$7,048,859$7,382,721▲ $333,862
Cash and Non-Interest-Bearing Accounts$2,571,734$2,860,918▲ $289,184
Land, Buildings, and Equipment, Net$500,718$1,832,081▲ $1,331,363
Investments Other Securities$1,969,164$1,469,164▼ $500,000
Prepaid Expenses and Deferred Charges$-238,975$-94,768▲ $144,207
Total Assets$40,708,730$42,265,930▲ $1,557,200
Other Assets Total$414,945$429,677▲ $14,732
Liabilities
Other Liabilities$33,569,338$34,957,628▲ $1,388,290
Accounts Payable and Accrued Expenses$90,533$-74,419▼ $164,952
Total Liabilities$33,659,871$34,883,209▲ $1,223,338
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,048,859$7,382,721▲ $333,862
Total Liabilities and Net Assets / Fund Balance$40,708,730$42,265,930▲ $1,557,200

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,257,236$524,444$1,781,680
Land$501,588-$501,588
Equipment$73,257$80,174$153,431
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valena AlexanderCEOFT$128,952$56,286$185,238

Board Members and Trustees

NameTitle
Linda NeelBoard Chair
Eddie EllisBoard Member
Chris FranklinBoard Secret
Susan TuckerBoard Treasu
Jeff FowlerBoard Vice C
Mary KellyCredit Comm
Flora DavisSupervisory
Joan MillerSupervisory
Loretta BakerSupervisory
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,502,234
Investment Income
$592,979
Other Revenue
$161,464
Change in Net Assets
$333,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,248,177
Salaries, Compensation, and Employee Benefits$674,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$508,274-$508,274
Interest-$421,033-$421,033
Occupancy-$127,542-$127,542
Office Expenses-$125,825-$125,825
Other Employee Benefits-$104,055-$104,055
Payroll Taxes-$42,903-$42,903
Conferences and Meetings-$22,243-$22,243
All Other Expenses-$21,767-$21,767
Other Expenses-$21,655-$21,655
Pension Plan Contributions-$19,406-$19,406
Total Functional Expenses$0$1,922,815$0$1,922,815
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$17,627,378
All Other Shares$10,140,125
Share Drafts$7,190,125
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The credit union is owned by the members.

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

The board of directors is elected by the membership (one member, one vote). All duties, powers, and responsibilties are controlled by the board of directors. The members elect the board of direcors at the annual meeting every year.

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

Some decisions made by the board of directors are affirmed by the members.

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

The form 990 is reviewed by the manager. The form 990 is available for review by the board of directors upon request.

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

The board of directors does not have an official compensation process for top management official.

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

The board of directors does not have an official compensation process for officers or key employees.

Form 990, Page 6, Part VI, Line 19

Financial documents are posted in hte credit union lobby by the 15th of the subsequent month.

Filing and Contact Details

Filer

Filer Name
Jackson County 1st
EIN
59-0994379
Phone
8505264470
Address
4466 CLINTON STREET, MARIANNA, FL 32446

Signing Officer

Name
Valena Alexander
Title
CEO
Phone
8505264470
Signed
2025-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valena Alexander
Formed
1991
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
10
Volunteers
9

Preparer

Firm
Cu Audit & Compliance Group
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Amanda Onkst
Phone
2054372176
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Hours of service are related to duties of the board of directors and supervisory committee without compendation.

Form 990, Page 5, Part V, Line 3B

The credit union had no unrelated business income.

Form 990, Part XI, Line 9

Due to rounding 0 other comprehensive income 0 other comprehensive income 0 due to rounding 0 acct adj - cecl 0

Raw XML Appendix385 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/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0524444
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IRS990ScheduleD/EquipmentGrp/BookValueAmt073257
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0153431
IRS990ScheduleD/LandGrp/BookValueAmt0501588
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0501588
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WITHOUT COMPENDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAD NO UNRELATED BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION IS OWNED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILTIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECORS AT THE ANNUAL MEETING EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE MANAGER. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS DOES NOT HAVE AN OFFICIAL COMPENSATION PROCESS FOR TOP MANAGEMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS DOES NOT HAVE AN OFFICIAL COMPENSATION PROCESS FOR OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL DOCUMENTS ARE POSTED IN HTE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DUE TO ROUNDING 0 OTHER COMPREHENSIVE INCOME 0 OTHER COMPREHENSIVE INCOME 0 DUE TO ROUNDING 0 ACCT ADJ - CECL 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
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IRS990/TotalLiabilitiesGrp/EOYAmt034883209
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IRS990/TotalOtherCompensationAmt05395
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IRS990/TotalProgramServiceRevenueAmt01502234
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0MARIANNA
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IRS990/WebsiteAddressTxt0HTTP://WWW.JACKSONCOUNTYTCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VALENA ALEXANDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08505264470
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON COUNTY 1ST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0590994379
ReturnHeader/Filer/PhoneNum08505264470
ReturnHeader/Filer/USAddress/AddressLine1Txt04466 CLINTON STREET
ReturnHeader/Filer/USAddress/CityNm0MARIANNA
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202711127
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CU AUDIT & COMPLIANCE GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03692 COOLIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323117890
ReturnHeader/PreparerPersonGrp/PhoneNum02054372176
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ONKST
ReturnHeader/ReturnTs02025-08-28T15:14:30-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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