BETA

STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0626648)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-31
IRS object ID
202520909349301052
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-31T11:51:57-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261694946PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCHWARTZ COLE AND ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17301 WILES RD STE 202AddressLine1Txt
CityCORAL SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33067ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN590626648EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INSIGHT CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINSIBusinessNameControlTxt
Phone4076592740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 4900AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32082ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE DAVISPersonNm
Person TitleCEOPersonTitleTxt
Phone4076592740PhoneNum
Signature2025-03-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL J COLEPreparerPersonNm
PTINP00055998PTIN
Phone9547551760PhoneNum
Preparation2025-03-31PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGEORGE DAVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4900AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32082ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,564,505GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.INSIGHTFINANCIALCU.COMWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1935FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionINSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee188TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$20,051TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$22,547,789PYProgramServiceRevenueAmt
CY Program Service Revenue$23,662,369CYProgramServiceRevenueAmt
PY Investment Income$8,780,015PYInvestmentIncomeAmt
CY Investment Income$13,153,500CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$31,327,804PYTotalRevenueAmt
CY Total Revenue$36,815,869CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,502,150PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,560,077CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$17,210,734PYOtherExpensesAmt
CY Other Expenses$20,465,048CYOtherExpensesAmt
PY Total Expenses$28,712,884PYTotalExpensesAmt
CY Total Expenses$33,025,125CYTotalExpensesAmt
PY Revenues Less Expenses$2,614,920PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,790,744CYRevenuesLessExpensesAmt
Total Assets BOY$670,264,151TotalAssetsBOYAmt
Total Assets EOY$685,975,667TotalAssetsEOYAmt
Total Liabilities BOY$643,454,702TotalLiabilitiesBOYAmt
Total Liabilities EOY$655,291,312TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,809,449NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$30,684,355NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionINSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescINTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescFEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescEARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSES IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document45798IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee188EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCARLENE MULLINPersonNm
Phone4076592740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4900AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32802ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtKey EmployeeKeyEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
GEORGE DAVIS
CEO40.00Yes (X)$446,228$0$46,436
CARLENE L MULLIN
CFO40.00$190,559$0$34,753Yes (X)
JESSE DEAN
CRO40.00$177,367$0$24,395Yes (X)
JODI PETRALA
CLO40.00$164,818$0$27,347Yes (X)
CYNTHIA JONES
CIO40.00$160,564$0$31,170Yes (X)
DEBORAH FOLEY
CHIEF RETAIL40.00$159,521$0$21,537Yes (X)
DANIELLE MAHONEY
VP- HUMAN RE40.00$128,293$0$26,227Yes (X)
CHARLES ARNETT
DIRECTOR5.00$0$0$0Yes (X)Yes (X)
A FLOYD BRADLEY
TREASURER5.00$0$0$0Yes (X)
DEBORAH COLLINS
DIRECTOR$0$0$0Yes (X)
STEPHEN HOELTKE
DIRECTOR5.00$0$0$0Yes (X)Yes (X)
KAREN JOHNSON
DIRECTOR5.00$0$0$0Yes (X)
LINDA SHORT
SECRETARY5.00$0$0$0Yes (X)
DANIEL TATRO
VICE CHAIRMA5.00$0$0$0Yes (X)
MARK ZICKEFOOSE
1ST CHAIRMAN5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,427,350TotalReportableCompFromOrgAmt
Total Other Compensation$211,865TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EVOLVEIP
PO BOX 1023SOUTHEASTERNPA193981023CLOUD SERVICES$988,339
FISERVE
75 REMITTANCE DR SUITE 6959CHICAGOIL60675DATA PROC.$659,567
ABSOLUTE FINANCIALS SERVICES
2251 DESTINY WAY 2ODESSAFL33556ATM SERVICES$270,687
TRUSTAGE
PO BOX 4653CAROL STREAMIL601974653INSURANCE$215,589
MERIDIANLINK
PO BOX 846822LOS ANGELESCA900846822LOAN SOFTWARE$203,761
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtBusinessBusinessCdUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS$17,618,990$17,618,990
FEE INCOME$5,696,869$5,696,869
OTHER OPERATING INCOME$326,459$326,459
NON-MEMBER ATM FEES$13,251525990$13,251
UNRELATED BUSINESS INCOME$6,800525990$6,800
FieldValueIRS element (for citing)
Total Program Service Revenue$23,662,369TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,512,930TotalRevenueColumnAmt
Related Or Exempt Func Income$8,512,930RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$15,478SecuritiesAmt
Other$8,373,728OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$3,748,636OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$15,478SecuritiesAmt
Other$4,625,092OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,640,570TotalRevenueColumnAmt
Related Or Exempt Func Income$4,640,570RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,815,869TotalRevenueColumnAmt
Related Or Exempt Func Income$36,795,818RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$20,051UnrelatedBusinessRevenueAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$717,976TotalAmt
Program Services$717,976ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,900,253TotalAmt
Program Services$8,900,253ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,941,848TotalAmt
Program Services$2,941,848ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,241,559TotalAmt
Program Services$2,241,559ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$37,885TotalAmt
Program Services$37,885ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,838,135TotalAmt
Program Services$7,838,135ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROFESSIONAL FEES$6,587,536$6,587,536
OFFICE OPERATIONS$1,917,247$1,917,247
LOAN SERVICING EXP$963,516$963,516
EDUCATIONAL AND PROMOTION$547,888$547,888

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$331,282TotalAmt
Program Services$331,282ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$33,025,125TotalAmt
Program Services$33,025,125ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,953,454BOYAmt
EOY$2,397,221EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$72,821,072BOYAmt
EOY$81,261,732EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$337,760,851BOYAmt
EOY$353,459,914EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,114,343LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,974,783LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,777,625BOYAmt
EOY$7,139,560EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$229,201,423BOYAmt
EOY$200,384,848EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,749,726BOYAmt
EOY$41,332,392EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$670,264,151BOYAmt
EOY$685,975,667EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$31,703,931BOYAmt
EOY$59,888,154EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$611,750,771BOYAmt
EOY$595,403,158EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$643,454,702BOYAmt
EOY$655,291,312EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$26,809,449BOYAmt
EOY$30,684,355EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,809,449BOYAmt
EOY$30,684,355EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$670,264,151BOYAmt
EOY$685,975,667EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$3,790,744ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$84,162OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,735,168OtherCostOrOtherBasisAmt
Book Value$2,735,168BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,921,121OtherCostOrOtherBasisAmt
Depreciation$2,159,159DepreciationAmt
Book Value$3,761,962BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$402,591OtherCostOrOtherBasisAmt
Depreciation$220,270DepreciationAmt
Book Value$182,321BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,055,463OtherCostOrOtherBasisAmt
Depreciation$3,595,354DepreciationAmt
Book Value$460,109BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,139,560TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
OTHER ASSETS$32,245,735
NCUA SHARE INS DEP, ASSETS ACQUIRED$5,917,666
ACCRUED INT ON LOANS$2,218,136
ACCRUED INT ON INVESTMENTS$503,757
FFE IN PROCESS$373,560
ASSETS ACQUIRED IN LIQUIDATION$73,538
FieldValueIRS element (for citing)
Total Book Value Other Assets$41,332,392TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE ACCOUNTSDesc
Amt$595,403,158Amt
FieldValueIRS element (for citing)
Total Liability$595,403,158TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
GEORGE DAVIS
CEO$446,228$46,436$492,664
CARLENE L MULLIN
CFO$190,559$34,753$225,312
JESSE DEAN
CRO$177,367$24,395$201,762
JODI PETRALA
CLO$164,818$27,347$192,165
CYNTHIA JONES
CIO$160,564$31,170$191,734
DEBORAH FOLEY
CHIEF RETAIL OFFICER$159,521$21,537$181,058
DANIELLE MAHONEY
VP- HUMAN RESOURCES$128,293$26,227$154,520

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONINSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.
FORM 990THE CREDIT UNION DOES OFFER DISCOUNTED LOANS TO EMPLOYEES. UPON COMPLETION AN EMPLOYEES PROBATIONARY 90 DAY PERIOD, THEY CAN RECEIVE A 1% DISCOUNTED LOAN RATE OFF OF PREVAILING MARKET INTEREST RATES ON ALL MORTGAGE AND CONSUMER LOANS. UPON TERMINATION/RESIGNATION THE LOAN REVERTS TO NORMAL MARKET RATES WITHOUT THE DISCOUNT.
FORM 990, PAGE 6, PART VI, LINE 6CREDIT UNION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANYONE THAT MEETS THE FIELD OF MEMBERSHIP QUALIFICATIONS PER THE GOVERNING DOCUMENTS.
FORM 990, PAGE 6, PART VI, LINE 7AYES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7BYES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP.
FORM 990, PAGE 6, PART VI, LINE 11BBOARD OF DIRECTORS REVIEWS FORM 990 AT REGULARLY SCHEDULED MEETING.
FORM 990, PAGE 6, PART VI, LINE 12CYES, A CONFLICTS OF INTEREST POLICY IS ACTIVELY ENFORCED.
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION FOR CEO, DIRECTORS, AND TOP MANAGEMENT OFFICIALS IS SUBJECT TO REVIEW AND APPROVAL BY BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15BYES, OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION IS SUBJECT TO REVIEW BY CEO WITHIN GUIDELINES APPROVED BY BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19BYLAWS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC FROM NCUA.
FORM 990, PART XITHE ADJUSTMENT TO NET EQUITY WAS FROM FASB 115 ADJUSTMENTS TO UNREALIZED GAINS AND LOSSES OF SECURITIES HELD BY THE CREDIT UNION
FORM 990, PART XI, LINE 9ACCUMULATED UNREALIZED GAINS 2,074,848 INCREASE IN OTHER COMPRHENSIVE INC 9,308 OTHER COMPREHENSIVE INCOME 0 CHANGE IN CECL ADOPTION -1,999,994 TOTAL 84,162

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1INSIGHT INSURANCE SERVICES CORPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4900AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP328024900ZIPCd
FieldValueIRS element (for citing)
EIN593229445EIN
Primary ActivitiesINSURANCEPrimaryActivitiesTxt
Direct Controlling NAN/ADirectControllingNACd
Entity TypeC CORPEntityTypeTxt
Share Of Total Income$10,811ShareOfTotalIncomeAmt
Share Of EOY Assets$16,993ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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