Civic Intelligence

State Chartered Credit Unions in Florida

990 • Fiscal year 2014 • EIN 59-6140072

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 24, 2015

Organization ProfileFLDOTCU.COM

View Organization Page

640 East Gaines StreetTallahassee, FL 32301

(850) 414-4400

Siviq Scores

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

Liabilities / Assets

14th percentile

0.82x

Higher debt load relative to assets than 14% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

20.90x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Net Margin

23rd percentile

1.4%

Higher net margin than 23% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$150,390

Higher top officer pay than 92% of similar nonprofits.

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

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Asset Growth

76th percentile

4.8%

Faster asset growth than 76% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-5.3%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$48,323,393

Up $2,194,877 (+4.8%) from 2013

Net Assets

Up

$8,701,792

Up $518,114 (+6.3%) from 2013

Liabilities

Up

$39,621,601

Up $1,676,763 (+4.4%) from 2013

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin23rd percentile

Revenue

Down

$1,895,785

Down $105,904 (-5.3%) from 2013

Expenses

Down

$1,868,505

Down $22,786 (-1.2%) from 2013

Net Income

Down

$27,280

Down $83,118 (-75%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$60M$40M$20M$0Assets 2010: $45,915,395Liabilities 2010: $37,835,917Net Assets 2010: $8,079,4782010Assets 2011: $45,918,123Liabilities 2011: $37,537,174Net Assets 2011: $8,380,9492011Assets 2012: $46,190,462Liabilities 2012: $37,379,700Net Assets 2012: $8,810,7622012Assets 2013: $46,128,516Liabilities 2013: $37,944,838Net Assets 2013: $8,183,6782013Assets 2014: $48,323,393Liabilities 2014: $39,621,601Net Assets 2014: $8,701,7922014Assets 2015: $48,065,420Liabilities 2015: $39,512,630Net Assets 2015: $8,552,7902015Assets 2016: $48,930,016Liabilities 2016: $40,379,212Net Assets 2016: $8,550,8042016Assets 2017: $50,165,794Liabilities 2017: $41,707,016Net Assets 2017: $8,458,7782017Assets 2018: $48,360,402Liabilities 2018: $40,198,690Net Assets 2018: $8,161,7122018Assets 2019: $50,335,810Liabilities 2019: $41,405,554Net Assets 2019: $8,930,2562019Assets 2020: $56,168,237Liabilities 2020: $46,952,234Net Assets 2020: $9,216,0032020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$48,323,393
Liabilities$39,621,601
Net Assets$8,701,792
Open 2014 Filing

Operations Trend

Revenue Growth19th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,643,2902010Expenses 2011: $2,178,5682011Expenses 2012: $1,881,7282012Revenue 2013: $2,001,689Expenses 2013: $1,891,291Net Income 2013: $110,3982013Revenue 2014: $1,895,785Expenses 2014: $1,868,505Net Income 2014: $27,2802014Revenue 2015: $1,853,741Expenses 2015: $1,845,601Net Income 2015: $8,1402015Revenue 2016: $1,847,628Expenses 2016: $1,836,336Net Income 2016: $11,2922016Revenue 2017: $1,875,344Expenses 2017: $1,862,148Net Income 2017: $13,1962017Revenue 2018: $2,036,204Expenses 2018: $1,979,250Net Income 2018: $56,9542018Revenue 2019: $2,125,132Expenses 2019: $1,913,442Net Income 2019: $211,6902019Revenue 2020: $1,883,132Expenses 2020: $2,003,558Net Income 2020: -$120,4262020Revenue 2021: $1,907,093Expenses 2021: $2,095,392Net Income 2021: -$188,2992021

Highlighted filing

2014

Revenue$1,895,785
Expenses$1,868,505
Net Income$27,280
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 24, 2015
Return Version
2014v5.0
Gross Receipts
$2,839,908
Mission and Program Overview

Mission

The credit union's mission is to promote thrift among its members and create a source of credit for them at legitimate rates of interest. The credit union serves members in leon county, florida and surrounding florida counties. The total number of members served is in excess of 3,000.

The credit union is organized for the purpose of encouraging thrift among its members and offering quality financial services at fair and reasonable rates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,113,370$17,504,474▲ $1,391,104
Other Notes and Loans Receivable, Net$16,219,436$16,525,368▲ $305,932
Rtn Earn Endowment Incm Other Fnds$8,183,678$8,701,792▲ $518,114
Investments Other Securities$9,771,477$7,890,477▼ $1,881,000
Savings and Temporary Cash Investments$1,512,926$2,179,672▲ $666,746
Cash and Non-Interest-Bearing Accounts$1,365,804$1,007,986▼ $357,818
Land, Buildings, and Equipment, Net$334,737$278,952▼ $55,785
Prepaid Expenses and Deferred Charges$162,858$166,034▲ $3,176
Accounts Receivable$120,477$47,447▼ $73,030
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$46,128,516$48,323,393▲ $2,194,877
Other Assets Total$527,431$2,722,983▲ $2,195,552
Liabilities
Other Liabilities$37,769,211$39,464,545▲ $1,695,334
Accounts Payable and Accrued Expenses$175,627$157,056▼ $18,571
Total Liabilities$37,944,838$39,621,601▲ $1,676,763
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,183,678$8,701,792▲ $518,114
Total Liabilities and Net Assets / Fund Balance$46,128,516$48,323,393▲ $2,194,877

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$226,290$898,892$1,125,182
Other Land Buildings$52,662$383,790$436,452
Other Assets Org$2,194,844--
Other Securities$3,731--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin KeithPresident/CEOFT$105,224$45,166$150,390
Mary BuchholzCFOFT$76,054$40,725$116,779

Board Members and Trustees

NameTitle
Juanita MooreChairperson
Terry MccueVice-chairperson
Carolyn ScarabinBoard Member
Douglas MartinBoard Member
Pat KellyBoard Member
Richard KelleySecretary
Kendra SheffieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$965,840
Investment Income
$572,525
Other Revenue
$357,420
Change in Net Assets
$27,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,895,785
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,895,785
Total Revenue per Form 990
$1,895,785
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,093,538
Other Expenses$774,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$570,948
Current Officers, Directors, Trustees, and Key Employees---$267,168
Information Technology---$229,663
Pension Plan Contributions---$130,740
Other Employee Benefits---$71,813
Interest---$68,064
Office Expenses---$64,394
Depreciation Depletion---$61,834
Payroll Taxes---$52,869
Fees for Services Legal---$49,332
Insurance---$38,662
All Other Expenses---$32,706
Fees for Services Accounting---$31,001
Occupancy---$22,026
Fees for Services Other---$18,043
Other Expenses---$12,883
Advertising---$3,663
Conferences and Meetings---$2,326
Travel---$1,908
Total Functional Expenses$0$0$0$1,868,505

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,868,505
Total Expenses per Audited Statements$1,868,505
Total Expenses per Form 990$1,868,505
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
Member Time and Demand Deposits$39,464,545
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union is owned by its members.”

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

“The board of directors serve three-year terms. The terms are staggered so that each year two or three positions on the board are up for election. The election is held at the annual meeting and voted on by the membership. The board appoints a nominating committee. All nominations are submitted twenty-one days prior to the annual meeting.”

Form 990, Part VI, Section B, Line 11

“The form 990 is prepared by a cpa and forwarded to the credit union to review. The ceo, cfo, and the board review the 990. If the form is deemed correct, the 990 is electronically filed.”

Form 990, Part VI, Section B, Line 15

“The ceo's compensation is reviewed and approved by the board of directors. The ceo reviews and approves the compensation of all management and key employees.”

Form 990, Part VI, Section C, Line 19

“The credit union's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Florida Department of Transportation Credit Union
EIN
59-6140072
Phone
8504144400
Address
640 EAST GAINES STREET, TALLAHASSEE, FL 32301

Signing Officer

Name
Kevin Keith
Title
President/CEO
Phone
8504882153
Signed
2015-07-24

Organization Details

Principal Officer
Kevin Keith
Formed
1959
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
18
Volunteers
10

Preparer

Firm
Hutto & Carver Pa
Address
200 E GOVERNMENT ST STE 110, PENSACOLA, FL 32502
Preparer
Harold S Hutto Jr CPA
Phone
8504385299
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized loss on employee benefit program asset -10,731.”

Form 990 Part XII, Financial Statements and Reporting, Line 2(C)

“The credit union has a supervisory committee consisting of three member volunteers who assume the responsibility for oversight of the audit and selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“Effective january 1, 2009, the credit union implemented the new accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. Such tax positions initially and subsequently need to be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. As of december 31, 2014, the credit union had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Additionally, the credit union had no interest and penalties related to income taxes. With few exceptions, the credit union is no longer subject to u.s. Federal, state, and local income tax examinations by tax authorities for the years before 2011.”

Raw XML Appendix397 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
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IRS990/ActivityOrMissionDesc0THE CREDIT UNION IS ORGANIZED FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS AND OFFERING QUALITY FINANCIAL SERVICES AT FAIR AND REASONABLE RATES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN LEON COUNTY,FLORIDA AND SURROUNDING FLORIDA COUNTIES. THE TOTAL NUMBER OF MEMBERS SERVED IS IN EXCESS OF 4,000.
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IRS990/OtherExpensesGrp/Desc1DEBIT CARD EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/Desc3MEMBER SHARE EXPENSES
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IRS990/OtherExpensesGrp/TotalAmt213358
IRS990/OtherExpensesGrp/TotalAmt312883
IRS990/OtherLiabilitiesGrp/BOYAmt037769211
IRS990/OtherLiabilitiesGrp/EOYAmt039464545
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0357420
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0357420
IRS990/OtherRevenueTotalAmt0357420
IRS990/OtherSalariesAndWagesGrp/TotalAmt0570948
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt016219436
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016525368
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt052869
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0130740
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0162858
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0166034
IRS990/PrincipalOfficerNm0KEVIN KEITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0965840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0965840
IRS990/ProgSrvcAccomActy2Grp/Desc0TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, THE CREDIT UNION PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER AND MORTGAGE LENDING PRODUCTS AT REASONABLE RATES OF INTEREST.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0603078
IRS990/PYOtherExpensesAmt0821387
IRS990/PYOtherRevenueAmt0422380
IRS990/PYProgramServiceRevenueAmt0976231
IRS990/PYRevenuesLessExpensesAmt0110398
IRS990/PYSalariesCompEmpBnftPaidAmt01069904
IRS990/PYTotalExpensesAmt01891291
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02001689
IRS990/ReconcilationRevenueExpnssAmt027280
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08183678
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08701792
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01512926
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02179672
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01868505
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0226290
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0898892
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01125182
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0155806
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1372333
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22194844
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NCUSIF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052662
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0383790
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0436452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039464545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER TIME AND DEMAND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07700000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1186746
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt23731
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CORPORATE CU MEMBER CAPITAL SHARES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CU 24
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01895785
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE JANUARY 1, 2009, THE CREDIT UNION IMPLEMENTED THE NEW ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS INITIALLY AND SUBSEQUENTLY NEED TO BE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. AS OF DECEMBER 31, 2014, THE CREDIT UNION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE CREDIT UNION HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WITH FEW EXCEPTIONS, THE CREDIT UNION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0278952
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02722983
IRS990ScheduleD/TotalBookValueSecuritiesAmt07890477
IRS990ScheduleD/TotalExpensesPerForm990Amt01868505
IRS990ScheduleD/TotalLiabilityAmt039464545
IRS990ScheduleD/TotalRevenuePerForm990Amt01895785
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01895785
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01868505
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS OWNED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SERVE THREE-YEAR TERMS. THE TERMS ARE STAGGERED SO THAT EACH YEAR TWO OR THREE POSITIONS ON THE BOARD ARE UP FOR ELECTION. THE ELECTION IS HELD AT THE ANNUAL MEETING AND VOTED ON BY THE MEMBERSHIP. THE BOARD APPOINTS A NOMINATING COMMITTEE. ALL NOMINATIONS ARE SUBMITTED TWENTY-ONE DAYS PRIOR TO THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A CPA AND FORWARDED TO THE CREDIT UNION TO REVIEW. THE CEO, CFO, AND THE BOARD REVIEW THE 990. IF THE FORM IS DEEMED CORRECT, THE 990 IS ELECTRONICALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CEO REVIEWS AND APPROVES THE COMPENSATION OF ALL MANAGEMENT AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED LOSS ON EMPLOYEE BENEFIT PROGRAM ASSET -10,731.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION HAS A SUPERVISORY COMMITTEE CONSISTING OF THREE MEMBER VOLUNTEERS WHO ASSUME THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2(C)
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt046128516
IRS990/TotalAssetsEOYAmt048323393
IRS990/TotalAssetsGrp/BOYAmt046128516
IRS990/TotalAssetsGrp/EOYAmt048323393
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/TotalAmt01868505
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt037944838
IRS990/TotalLiabilitiesEOYAmt039621601
IRS990/TotalLiabilitiesGrp/BOYAmt037944838
IRS990/TotalLiabilitiesGrp/EOYAmt039621601
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08183678
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08701792
IRS990/TotalOtherCompensationAmt085891
IRS990/TotalProgramServiceRevenueAmt0965840
IRS990/TotalReportableCompFromOrgAmt0181278
IRS990/TotalRevenueGrp/ExclusionAmt0572525
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01323260
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01895785
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt046128516
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt048323393
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01908
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0640 E GAINES STREET
IRS990/USAddress/CityNm0TALLAHASSEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032301
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0FLDOTCU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN KEITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08504882153
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA DEPARTMENT OF TRANSPORTATION CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0596140072
ReturnHeader/Filer/PhoneNum08504144400
ReturnHeader/Filer/USAddress/AddressLine1Txt0640 EAST GAINES STREET
ReturnHeader/Filer/USAddress/CityNm0TALLAHASSEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593262654
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUTTO & CARVER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 E GOVERNMENT ST STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PENSACOLA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032502
ReturnHeader/PreparerPersonGrp/PhoneNum08504385299
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HAROLD S HUTTO JR CPA
ReturnHeader/ReturnTs02015-07-28T14:26:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,323,393
Liabilities
$39,621,601
Net assets
$8,701,792
Revenue
$1,895,785
Expenses
$1,868,505
Net income
$27,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.91$2.10$0.19
2020Detailed filing. Detailed filing data is available for this year.$56.2$47.0$9.22$1.88$2.00$0.12
2019Detailed filing. Detailed filing data is available for this year.$50.3$41.4$8.93$2.13$1.91$0.21
2018Detailed filing. Detailed filing data is available for this year.$48.4$40.2$8.16$2.04$1.98$0.06
2017Detailed filing. Detailed filing data is available for this year.$50.2$41.7$8.46$1.88$1.86$0.01
2016Detailed filing. Detailed filing data is available for this year.$48.9$40.4$8.55$1.85$1.84$0.01
2015Detailed filing. Detailed filing data is available for this year.$48.1$39.5$8.55$1.85$1.85$0.01
2014Detailed filing. Detailed filing data is available for this year.$48.3$39.6$8.70$1.90$1.87$0.03
2013Detailed filing. Detailed filing data is available for this year.$46.1$37.9$8.18$2.00$1.89$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.2$37.4$8.81$1.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$37.5$8.38$2.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$37.8$8.08$2.64