STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0626648)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202441369349308534
Schema version
2023v5.0
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)
Return2024-05-15T13:28:04-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

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 Begin2023-01-01TaxPeriodBeginDt

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
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGEORGEPersonFirstNm
Person LastDAVISPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL J COLEPreparerPersonNm
PTINP00055998PTIN
Phone9547551760PhoneNum
Preparation2024-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

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$31,351,023GrossReceiptsAmt
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 Employee183TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$22,839TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$19,358,192PYProgramServiceRevenueAmt
CY Program Service Revenue$22,547,789CYProgramServiceRevenueAmt
PY Investment Income$4,788,784PYInvestmentIncomeAmt
CY Investment Income$8,780,015CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$24,146,976PYTotalRevenueAmt
CY Total Revenue$31,327,804CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,062,855PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,502,150CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,306,982PYOtherExpensesAmt
CY Other Expenses$17,210,734CYOtherExpensesAmt
PY Total Expenses$20,369,837PYTotalExpensesAmt
CY Total Expenses$28,712,884CYTotalExpensesAmt
PY Revenues Less Expenses$3,777,139PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,614,920CYRevenuesLessExpensesAmt
Total Assets BOY$687,612,427TotalAssetsBOYAmt
Total Assets EOY$670,264,151TotalAssetsEOYAmt
Total Liabilities BOY$661,164,086TotalLiabilitiesBOYAmt
Total Liabilities EOY$643,454,702TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,448,341NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,809,449NetAssetsOrFundBalancesEOYAmt
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 AssetsfalseReportOtherAssetsInd
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 Document48949IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee183EmployeeCnt
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
CEO45.00Yes (X)$441,701$0$23,471
CARLENE L MULLIN
CFO45.00$181,370$0$31,477Yes (X)
JESSE DEAN
CRO45.00$167,605$0$21,729Yes (X)
JODI PETRALA
CLO45.00$162,050$0$19,924Yes (X)
CYNTHIA JONES
CIO45.00$158,611$0$20,609Yes (X)
DEBORAH FOLEY
CHIEF RETAIL45.00$153,538$0$18,855Yes (X)
DANIELLE MAHONEY
VP- HUMAN RE45.00$125,154$0$23,290Yes (X)
DEBORAH COLLINS
DIRECTOR5.00$124,126$0$16,477Yes (X)
CHARLES ARNETT
DIRECTOR5.00$0$0$0Yes (X)Yes (X)
A FLOYD BRADLEY
TREASURER5.00$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$1,514,155TotalReportableCompFromOrgAmt
Total Other Compensation$175,832TotalOtherCompensationAmt
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
FISERVE
75 REMITTANCE DR SUITE 6959CHICAGOIL60675DATA PROC.$1,100,141
EVOLVEIP
PO BOX 1023SOUTHEASTERNPA193981023CLOUD SERVICES$894,004
CONNECTION
PO BOX 536472PITTSBURGPA152535906IT SUPPORT$228,737
CUNA MUTUAL GROUP
BOX 2964MILWAUKEEWI532012964INSURANCE$218,721
RADIANT SERVICES INC
PO BOX 638GOTHAFL347340638OFFICE CLEANING$156,650
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtBusinessBusinessCdUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS$15,634,539$15,634,539
OTHER OPERATING INCOME$3,882,310$3,882,310
FEE INCOME$3,008,101$3,008,101
NON-MEMBER ATM FEES$15,439525990$15,439
UNRELATED BUSINESS INCOME$7,400525990$7,400
FieldValueIRS element (for citing)
Total Program Service Revenue$22,547,789TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,005,447TotalRevenueColumnAmt
Related Or Exempt Func Income$8,005,447RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,436SecuritiesAmt
Other$786,351OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$23,219OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$11,436SecuritiesAmt
Other$763,132OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$774,568TotalRevenueColumnAmt
Related Or Exempt Func Income$774,568RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,327,804TotalRevenueColumnAmt
Related Or Exempt Func Income$31,304,965RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$22,839UnrelatedBusinessRevenueAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$818,622TotalAmt
Program Services$818,622ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,211,091TotalAmt
Program Services$8,211,091ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,472,437TotalAmt
Program Services$2,472,437ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,092,896TotalAmt
Program Services$2,092,896ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$58,068TotalAmt
Program Services$58,068ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,630,003TotalAmt
Program Services$4,630,003ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROFESSIONAL FEES$4,560,095$4,560,095
PROVISION FOR LOAN LOSSES$1,757,985$1,757,985
OFFICE OPERATIONS$1,658,880$1,658,880
LOAN SERVICING EXP$1,343,676$1,343,676

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,109,131TotalAmt
Program Services$1,109,131ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$28,712,884TotalAmt
Program Services$28,712,884ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,132,515BOYAmt
EOY$2,953,454EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$78,550,087BOYAmt
EOY$72,821,072EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$331,822,828BOYAmt
EOY$337,760,851EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$17,898,182LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,120,557LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,503,308BOYAmt
EOY$9,777,625EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$244,951,158BOYAmt
EOY$229,201,423EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,652,531BOYAmt
EOY$17,749,726EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$687,612,427BOYAmt
EOY$670,264,151EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$29,794,460BOYAmt
EOY$31,703,931EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$631,369,626BOYAmt
EOY$611,750,771EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$661,164,086BOYAmt
EOY$643,454,702EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$26,448,341BOYAmt
EOY$26,809,449EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,448,341BOYAmt
EOY$26,809,449EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$687,612,427BOYAmt
EOY$670,264,151EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,614,920ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$2,253,812OtherChangesInNetAssetsAmt
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$3,916,519OtherCostOrOtherBasisAmt
Book Value$3,916,519BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,461,847OtherCostOrOtherBasisAmt
Depreciation$4,283,768DepreciationAmt
Book Value$5,178,079BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$348,782OtherCostOrOtherBasisAmt
Depreciation$176,204DepreciationAmt
Book Value$172,578BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,171,034OtherCostOrOtherBasisAmt
Depreciation$3,660,585DepreciationAmt
Book Value$510,449BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,777,625TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE ACCOUNTSDesc
Amt$611,750,771Amt
FieldValueIRS element (for citing)
Total Liability$611,750,771TotalLiabilityAmt

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 (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
GEORGE DAVIS
CEO$441,701$23,471$465,172
CARLENE L MULLIN
CFO$181,370$31,477$212,847
JESSE DEAN
CRO$167,605$21,729$189,334
JODI PETRALA
CLO$162,050$19,924$181,974
CYNTHIA JONES
CIO$158,611$20,609$179,220
DEBORAH FOLEY
CHIEF RETAIL OFFICER$153,538$18,855$172,393

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 827,475 OTHER COMPREHENSIVE INCOME -64,835 CHANGE IN CECL ADOPTION -3,016,452 TOTAL -2,253,812

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$9,270ShareOfTotalIncomeAmt
Share Of EOY Assets$18,248ShareOfEOYAssetsAmt
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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