Civic Intelligence

Jackson County Teachers Credit Unio

990 • Fiscal year 2020 • EIN 59-0994379

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 30, 2021

Organization ProfileWWW.JACKSONCOUNTYTCU.COM

View Organization Page

4466 Clinton StreetMarianna, FL 32446

(850) 526-4470

Siviq Scores

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

Liabilities / Assets

17th percentile

0.82x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

16.50x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

37th percentile

6.4%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$148,250

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

17th percentile

8.3%

Faster asset growth than 17% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-8.9%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$37,457,074

Up $2,884,818 (+8.3%) from 2019

Net Assets

Up

$6,659,958

Up $89,685 (+1.4%) from 2019

Liabilities

Up

$30,797,116

Up $2,795,133 (+10.0%) from 2019

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin37th percentile

Revenue

Down

$1,866,807

Down $182,002 (-8.9%) from 2019

Expenses

Down

$1,746,912

Down $133,636 (-7.1%) from 2019

Net Income

Down

$119,895

Down $48,366 (-29%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$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

2020

Assets$37,457,074
Liabilities$30,797,116
Net Assets$6,659,958
Open 2020 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$1,866,807
Expenses$1,746,912
Net Income$119,895
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 30, 2021
Return Version
2020v4.0
Gross Receipts
$1,866,807
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
Investments Other Securities$14,088,164$14,449,164▲ $361,000
Accounts Receivable$13,482,689$13,643,304▲ $160,615
Rtn Earn Endowment Incm Other Fnds$5,592,334$5,682,019▲ $89,685
Savings and Temporary Cash Investments$2,252,637$5,370,965▲ $3,118,328
Cash and Non-Interest-Bearing Accounts$3,567,669$3,098,860▼ $468,809
Cap Stk Tr Prin Current Funds$977,939$977,939→ $0
Land, Buildings, and Equipment, Net$562,620$532,325▼ $30,295
Prepaid Expenses and Deferred Charges$146,730$-41,186▼ $187,916
Total Assets$34,572,256$37,457,074▲ $2,884,818
Other Assets Total$471,747$403,642▼ $68,105
Liabilities
Other Liabilities$27,819,105$31,102,013▲ $3,282,908
Accounts Payable and Accrued Expenses$182,878$-304,897▼ $487,775
Total Liabilities$28,001,983$30,797,116▲ $2,795,133
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,570,273$6,659,958▲ $89,685
Total Liabilities and Net Assets / Fund Balance$34,572,256$37,457,074▲ $2,884,818

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$375,932$407,320$783,252
Land$138,193-$138,193
Equipment$18,200$59,557$77,757
Other Securities$219,164--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valena AlexanderCEOFT$141,500$6,750$148,250

Board Members and Trustees

NameTitle
Linda NeelChairwoman,
James Earl EdwardsVice Chairma
Chris FranklinBoard Member
Flora DavisSc Committee
Joan MillerSc Committee
Susan TuckerSc Committee
Jeff FowlerSecretary
Ruth BakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,345,588
Investment Income
$361,311
Other Revenue
$159,908
Change in Net Assets
$119,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$949,376
Salaries, Compensation, and Employee Benefits$797,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$526,334-$526,334
Pension Plan Contributions-$171,077-$171,077
Office Expenses-$136,287-$136,287
Occupancy-$114,184-$114,184
Interest-$102,124-$102,124
Other Employee Benefits-$67,645-$67,645
Payroll Taxes-$32,480-$32,480
Other Expenses-$25,000-$25,000
Conferences and Meetings-$23,982-$23,982
All Other Expenses-$22,864-$22,864
Total Functional Expenses$0$1,746,912$0$1,746,912
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$20,112,403
All Other Shares$5,499,925
Share Drafts$5,489,685
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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 Teachers
EIN
59-0994379
Phone
8505264470
Address
4466 CLINTON STREET, MARIANNA, FL 32446

Signing Officer

Name
Valena Alexander
Title
CEO
Phone
8505264470
Signed
2021-04-30
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
8

Preparer

Firm
Cu Audit & Compliance Group
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Marcus King
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

“Other comprehensive income -30,209 due to rounding -1 total -30,210”

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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0182878
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0-304897
IRS990/AccountsReceivableGrp/BOYAmt013482689
IRS990/AccountsReceivableGrp/EOYAmt013643304
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt022864
IRS990/AllOtherExpensesGrp/TotalAmt022864
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0VALENA ALEXANDER
IRS990/BooksInCareOfDetail/PhoneNum08505264470
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04466 CLINTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARIANNA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032446
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0977939
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0977939
IRS990/CashNonInterestBearingGrp/BOYAmt03567669
IRS990/CashNonInterestBearingGrp/EOYAmt03098860
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt023982
IRS990/ConferencesMeetingsGrp/TotalAmt023982
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0361311
IRS990/CYOtherExpensesAmt0949376
IRS990/CYOtherRevenueAmt0159908
IRS990/CYProgramServiceRevenueAmt01345588
IRS990/CYRevenuesLessExpensesAmt0119895
IRS990/CYSalariesCompEmpBnftPaidAmt0797536
IRS990/CYTotalExpensesAmt01746912
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01866807
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01644788
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/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/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06750
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0VALENA ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm1RUTH BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm2FLORA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES EARL EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF FOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOAN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7LINDA NEEL
IRS990/Form990PartVIISectionAGrp/PersonNm8SUSAN TUCKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0141500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SC COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SC COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRWOMAN,
IRS990/Form990PartVIISectionAGrp/TitleTxt8SC COMMITTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01866807
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt0102124
IRS990/InterestGrp/TotalAmt0102124
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0361311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0361311
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt014088164
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt014449164
IRS990/IRPDocumentCnt06840
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0466877
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0562620
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0532325
IRS990/LandBldgEquipCostOrOtherBssAmt0999202
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 3,662 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06570273
IRS990/NetAssetsOrFundBalancesEOYAmt06659958
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0114184
IRS990/OccupancyGrp/TotalAmt0114184
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0136287
IRS990/OfficeExpensesGrp/TotalAmt0136287
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0471747
IRS990/OtherAssetsTotalGrp/EOYAmt0403642
IRS990/OtherChangesInNetAssetsAmt0-30210
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt067645
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067645
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL & OUTSIDE SE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2MISC OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0455749
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt143790
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225396
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt325000
IRS990/OtherExpensesGrp/TotalAmt0455749
IRS990/OtherExpensesGrp/TotalAmt143790
IRS990/OtherExpensesGrp/TotalAmt225396
IRS990/OtherExpensesGrp/TotalAmt325000
IRS990/OtherLiabilitiesGrp/BOYAmt027819105
IRS990/OtherLiabilitiesGrp/EOYAmt031102013
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0213566
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-53658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0213566
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-53658
IRS990/OtherRevenueTotalAmt0159908
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0526334
IRS990/OtherSalariesAndWagesGrp/TotalAmt0526334
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032480
IRS990/PayrollTaxesGrp/TotalAmt032480
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0171077
IRS990/PensionPlanContributionsGrp/TotalAmt0171077
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0146730
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0-41186
IRS990/PrincipalOfficerNm0VALENA ALEXANDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01199987
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1145601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01199987
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1145601
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0102124
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0421427
IRS990/PYOtherExpensesAmt01153577
IRS990/PYOtherRevenueAmt0176526
IRS990/PYProgramServiceRevenueAmt01450856
IRS990/PYRevenuesLessExpensesAmt0168261
IRS990/PYSalariesCompEmpBnftPaidAmt0726971
IRS990/PYTotalExpensesAmt01880548
IRS990/PYTotalRevenueAmt02048809
IRS990/ReconcilationRevenueExpnssAmt0119895
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05592334
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05682019
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02252637
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05370965
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0375932
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0407320
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0783252
IRS990ScheduleD/EquipmentGrp/BookValueAmt018200
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059557
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077757
IRS990ScheduleD/LandGrp/BookValueAmt0138193
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0138193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020112403
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15499925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25489685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt014230000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1219164
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PERPETUAL CONTRIBUTED CAPITAL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0532325
IRS990ScheduleD/TotalBookValueSecuritiesAmt014449164
IRS990ScheduleD/TotalLiabilityAmt031102013
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/ExplanationTxt9OTHER COMPREHENSIVE INCOME -30,209 DUE TO ROUNDING -1 TOTAL -30,210
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt034572256
IRS990/TotalAssetsEOYAmt037457074
IRS990/TotalAssetsGrp/BOYAmt034572256
IRS990/TotalAssetsGrp/EOYAmt037457074
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01746912
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01746912
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028001983
IRS990/TotalLiabilitiesEOYAmt030797116
IRS990/TotalLiabilitiesGrp/BOYAmt028001983
IRS990/TotalLiabilitiesGrp/EOYAmt030797116
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06570273
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06659958
IRS990/TotalOtherCompensationAmt06750
IRS990/TotalProgramServiceExpensesAmt01746912
IRS990/TotalProgramServiceRevenueAmt01345588
IRS990/TotalReportableCompFromOrgAmt0141500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01866807
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01866807
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034572256
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037457074
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04466 CLINTON STREET
IRS990/USAddress/CityNm0MARIANNA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032446
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://WWW.JACKSONCOUNTYTCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VALENA ALEXANDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08505264470
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON COUNTY TEACHERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0590994379
ReturnHeader/Filer/PhoneNum08505264470
ReturnHeader/Filer/USAddress/AddressLine1Txt04466 CLINTON STREET
ReturnHeader/Filer/USAddress/CityNm0MARIANNA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032446
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/PreparationDt02021-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARCUS KING
ReturnHeader/ReturnTs02021-04-28T10:54:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VALENA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALEXANDER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,457,074
Liabilities
$30,797,116
Net assets
$6,659,958
Revenue
$1,866,807
Expenses
$1,746,912
Net income
$119,895
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