Civic Intelligence

State Chartered Credit Unions in Florida

990 • Fiscal year 2017 • EIN 59-6140072

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 30, 2018

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

16th percentile

0.83x

Higher debt load relative to assets than 16% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

22.24x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Net Margin

15th percentile

0.7%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$170,207

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Asset Growth

43rd percentile

2.5%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

1.5%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$50,165,794

Up $1,235,778 (+2.5%) from 2016

Net Assets

Down

$8,458,778

Down $92,026 (-1.1%) from 2016

Liabilities

Up

$41,707,016

Up $1,327,804 (+3.3%) from 2016

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin15th percentile

Revenue

Up

$1,875,344

Up $27,716 (+1.5%) from 2016

Expenses

Up

$1,862,148

Up $25,812 (+1.4%) from 2016

Net Income

Up

$13,196

Up $1,904 (+17%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth43rd 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

2017

Assets$50,165,794
Liabilities$41,707,016
Net Assets$8,458,778
Open 2017 Filing

Operations Trend

Revenue Growth24th 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

2017

Revenue$1,875,344
Expenses$1,862,148
Net Income$13,196
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 30, 2018
Return Version
2017v2.3
Gross Receipts
$8,598,216
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
Other Notes and Loans Receivable, Net$15,571,248$17,670,779▲ $2,099,531
Investments in Publicly Traded Securities$18,306,337$14,364,366▼ $3,941,971
Investments Other Securities$8,398,166$8,619,897▲ $221,731
Rtn Earn Endowment Incm Other Fnds$8,550,804$8,458,778▼ $92,026
Savings and Temporary Cash Investments$2,137,777$5,230,792▲ $3,093,015
Cash and Non-Interest-Bearing Accounts$919,180$905,684▼ $13,496
Prepaid Expenses and Deferred Charges$178,783$145,601▼ $33,182
Land, Buildings, and Equipment, Net$176,729$129,215▼ $47,514
Accounts Receivable$44,359$56,936▲ $12,577
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$48,930,016$50,165,794▲ $1,235,778
Other Assets Total$3,197,437$3,042,524▼ $154,913
Liabilities
Other Liabilities$40,166,917$41,488,280▲ $1,321,363
Accounts Payable and Accrued Expenses$212,295$218,736▲ $6,441
Total Liabilities$40,379,212$41,707,016▲ $1,327,804
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,550,804$8,458,778▼ $92,026
Total Liabilities and Net Assets / Fund Balance$48,930,016$50,165,794▲ $1,235,778

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$113,579$1,011,604$1,125,183
Other Land Buildings$15,636$440,470$456,106
Other Assets Org$2,417,959--
Other Securities$4,518--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin KeithPresident/CEOFT$115,631$54,576$170,207
Mary BuchholzCFOFT$81,449$43,440$124,889

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
$893,520
Investment Income
$563,720
Other Revenue
$418,104
Change in Net Assets
$13,196

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,875,344
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,875,344
Total Revenue per Form 990
$1,875,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,090,223
Other Expenses$771,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$554,461
Current Officers, Directors, Trustees, and Key Employees---$295,096
Information Technology---$224,366
Pension Plan Contributions---$108,818
Other Employee Benefits---$77,019
All Other Expenses---$66,427
Office Expenses---$59,278
Payroll Taxes---$54,829
Fees for Services Legal---$52,514
Depreciation Depletion---$48,763
Insurance---$39,178
Fees for Services Accounting---$38,062
Interest---$34,204
Other Expenses---$18,573
Fees for Services Other---$17,065
Occupancy---$17,057
Advertising---$2,408
Travel---$1,851
Conferences and Meetings---$850
Total Functional Expenses$0$0$0$1,862,148

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,862,148
Total Expenses per Audited Statements$1,862,148
Total Expenses per Form 990$1,862,148
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$41,488,280
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 11B

“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
EIN
59-6140072
Phone
8504144400
Address
640 EAST GAINES STREET, TALLAHASSEE, FL 32301

Signing Officer

Name
Kevin Keith
Title
President/CEO
Phone
8504144400
Signed
2018-10-30
Discuss with paid preparer
Yes

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
Warren Averett LLC
Address
316 SOUTH BAYLEN ST SUITE 300, PENSACOLA, FL 32502
Preparer
Jennifer C King CPA
Phone
8504357400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized gain on employee benefit program asset 22,207.”

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. To date, 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 2014.”

Raw XML AppendixShowing 400 of 424 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/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/TotalAmt318573
IRS990/OtherLiabilitiesGrp/BOYAmt040166917
IRS990/OtherLiabilitiesGrp/EOYAmt041488280
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0418104
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0418104
IRS990/OtherRevenueTotalAmt0418104
IRS990/OtherSalariesAndWagesGrp/TotalAmt0554461
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015571248
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt017670779
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt054829
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0108818
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0178783
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0145601
IRS990/PrincipalOfficerNm0KEVIN KEITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0893520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0893520
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/PYInvestmentIncomeAmt0543645
IRS990/PYOtherExpensesAmt0739073
IRS990/PYOtherRevenueAmt0420129
IRS990/PYProgramServiceRevenueAmt0883854
IRS990/PYRevenuesLessExpensesAmt011292
IRS990/PYSalariesCompEmpBnftPaidAmt01097263
IRS990/PYTotalExpensesAmt01836336
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01847628
IRS990/ReconcilationRevenueExpnssAmt013196
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08550804
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08458778
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02137777
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05230792
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01862148
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0113579
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01011604
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01125183
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0171560
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1395278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt257727
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32417959
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NCUSIF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3EMPLOYEE BENEFITS PREFUNDING ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015636
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0440470
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0456106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041488280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER TIME AND DEMAND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt08428633
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1186746
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt24518
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/RevenueSubtotalAmt01875344
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. TO DATE, 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 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0129215
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03042524
IRS990ScheduleD/TotalBookValueSecuritiesAmt08619897
IRS990ScheduleD/TotalExpensesPerForm990Amt01862148
IRS990ScheduleD/TotalLiabilityAmt041488280
IRS990ScheduleD/TotalRevenuePerForm990Amt01875344
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01875344
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01862148
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0115631
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt042633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN KEITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0170207
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
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 GAIN ON EMPLOYEE BENEFIT PROGRAM ASSET 22,207.
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 11B
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/TotalAssetsBOYAmt048930016
IRS990/TotalAssetsEOYAmt050165794
IRS990/TotalAssetsGrp/BOYAmt048930016
IRS990/TotalAssetsGrp/EOYAmt050165794
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/TotalAmt01862148
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040379212
IRS990/TotalLiabilitiesEOYAmt041707016
IRS990/TotalLiabilitiesGrp/BOYAmt040379212
IRS990/TotalLiabilitiesGrp/EOYAmt041707016
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08550804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08458778
IRS990/TotalOtherCompensationAmt098016
IRS990/TotalProgramServiceRevenueAmt0893520
IRS990/TotalReportableCompFromOrgAmt0197080
IRS990/TotalRevenueGrp/ExclusionAmt0563720
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01311624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01875344
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048930016
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt050165794
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01851
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0640 EAST GAINES STREET
IRS990/USAddress/CityNm0TALLAHASSEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032301
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0FLDOTCU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN KEITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08504144400
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA DEPARTMENT OF TRANSPORTATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0596140072
ReturnHeader/Filer/PhoneNum08504144400
ReturnHeader/Filer/USAddress/AddressLine1Txt0640 EAST GAINES STREET

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,165,794
Liabilities
$41,707,016
Net assets
$8,458,778
Revenue
$1,875,344
Expenses
$1,862,148
Net income
$13,196
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