2024-11-13T12:19:25-05:00 2023-12-31 592164330 Gerald E Creasman CPA PA 9200 S Dadeland Blvd Suite 504 Miami FL 33156 990 2023-01-01 590678236 ADDITION FINANCIAL CREDIT UNION ADDI 1000 PRIMERA BLVD LAKE MARY FL 32746 QING LU CFO 4077081695 2024-10-23 true true Gerald E Creasman CPA P00428587 3055960903 2024-11-13 2023 2024-10-15 13:58:12Z KEVIN MILLER 170511185 false X X 1937 FL ADDITION FINANCIAL CREDIT UNION IS COMMITTED TO HELPING MEMBERS ACHIEVE THEIR MONEY MANAGEMENT GOALS 7 7 763 7 627530 627530 0 82655221 118782767 10359023 16040839 33502560 35687579 126516804 170511185 0 0 44500572 46080045 0 0 59058037 118158091 103558609 164238136 22958195 6273049 2764171874 2912144631 2542381750 2708084595 221790124 204060036 ADDITION FINANCIAL CREDIT UNION IS COMMITTED TO HELPING MEMBERS ACHIEVE THEIR MONEY MANAGEMENT GOALS false false 164238136 EXPENSES INCURRED FOR CREDT UNION OPERATIONS AND MEMBERS 164238136 false false false false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 38829 0 true 763 true true true false false false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false true true true true true true true true true true false false X QING LU CFO 4077081695 1000 PRIMERA BLVD LAKE MARY FL 32746 KEVIN MILLER PRESIDENT & CEO 50.00 0.00 X 907166 0 49060 KEVIN J DOUGHERTY COO 50.00 0.00 X 535130 0 27262 SAMUEL M NELSON CAOGENERAL COUNSEL 50.00 0.00 X 448749 0 38316 KEVIN S WRIGHT CIO 50.00 0.00 X 448496 0 32355 QING LU CFO 50.00 0.00 X 426543 0 24714 MIRIAM MITCHELL CHIEF LENDING OFFICER 50.00 0.00 X 360606 0 36426 NORA RODRIGUEZ-PATTERSON CCO 50.00 0.00 X 253090 0 25135 SHIRLEY A SHOEMAKER SVP OPERATIONS 50.00 0.00 X 242197 0 20910 JOSEPH A MACLAREN GENERAL COUNSEL 50.00 0.00 X 221242 0 31406 ROBERT J KINDERMANN SVP HUMAN RES 50.00 0.00 X 222544 0 9415 MATTHEW J WALSH VP IT 50.00 0.00 X 178428 0 28295 ALEX DEJESUS SR VP MEMBER SERVICES 50.00 0.00 X 180086 0 9179 RONALD PERSON DIRECTOR 10.00 0.00 X 0 0 0 DALE C KELLY 1ST VICE CHAIR 10.00 0.00 X 0 0 0 GABY ORTIGONI DIRECTOR 10.00 0.00 X 0 0 0 NAVAL MODANI TREASURER 10.00 0.00 X 0 0 0 JANET E BUSH 2ND VICE CHAIR 10.00 0.00 X 0 0 0 RICHARD L COLLINS CHAIR 10.00 0.00 X 0 0 0 MARY LYNN WILLIAMS SECRETARY 10.00 0.00 X 0 0 0 4424277 0 332473 12 false true false CHIC-CHATTANOOGA EASC CIGNA MEDICAL INSURANCE 5921183 UCF ATHLETIC ASSN SPONSORSHIP 1584470 JACK HENTRY ASSOC INC DATA PROCESSING 1257926 CDW DATA PROCESSING 1213179 BACKBASE USA INC ONLINE BANKING 1111607 5 INCOME FROM LOANS 900099 118782767 118782767 118782767 15996488 15996488 44351 44351 44351 44351 FEES & CHARGES 900099 12439165 12439165 MISC INCOME 900099 21377414 20749884 627530 GAIN FHLB BORROWING 900099 1871000 1871000 35687579 170511185 169883655 627530 0 3379779 3379779 33525783 33525783 1392832 1392832 5109711 5109711 2671940 2671940 644943 644943 640533 640533 7472607 7472607 4194740 4194740 899952 899952 7860544 7860544 3826822 3826822 SEE ATTACHED 92617950 92617950 164238136 164238136 0 0 159727123 371688820 398438 730551 2006007543 1954421635 6650 2952517 2417653 123614143 58748778 72865806 64865365 436009396 432270000 86204401 85750607 2764171874 2912144631 22178627 20689313 152500000 320000000 2367703123 2367395282 2542381750 2708084595 X 221790124 204060036 221790124 204060036 2764171874 2912144631 X 6273049 -24003137 X false true X true false 22238760 22238760 57390151 22645395 34744756 946068 399926 546142 41167678 35703457 5464221 1871486 1871486 64865365 FED AGENCY 257313870 F CORPORATE BONDS 112429330 F CUSO INVESTMENTS 7351681 C FHLB STOCK 8107100 C CORPONE CAP SHARES 475959 C US GOVT AGENCY 46592060 F 432270000 NCUSIF 22577861 ACCRUED INT REC 8221450 INTANGIBLE ASSETS 6266513 OTHER ASSETS 48684783 85750607 MEMBER SHARE DEPOSITS 2367395282 2367395282 170511185 170511185 170511185 164238136 164238136 164238136 X X X X X KEVIN MILLER PRESIDENT & CEO 714331 159000 33835 16500 32560 956226 KEVIN J DOUGHERTY COO 389802 145178 150 16500 10762 562392 SAMUEL M NELSON CAOGENERAL COUNSEL 343522 105077 150 16500 21816 487065 QING LU CFO 309872 116521 150 6069 18645 451257 KEVIN S WRIGHT CIO 339391 108955 150 16500 15855 480851 JOSEPH A MACLAREN GENERAL COUNSEL 208935 12157 150 11660 19746 252648 MIRIAM MITCHELL CHIEF LENDING OFFICER 274640 85816 150 16500 19926 397032 MATTHEW J WALSH VP IT 168267 10011 150 9602 18693 206723 ROBERT J KINDERMANN SVP HUMAN RES 201510 21034 4232 5183 231959 SHIRLEY A SHOEMAKER SVP OPERATIONS 184974 57073 150 12217 8693 263107 NORA RODRIGUEZ-PATTERSON CCO 185523 67417 150 12734 12401 278225 ALEX DEJESUS SR VP MEMBER SERVICES 153517 26419 150 9036 143 189265 Form 990 governing body review Part VI line 11 FORM 990 IS REVIEWED BY BOARD OF DIRECTORS, CEO AND CFO PRIOR TO FILING Conflict of interest policy compliance Part VI line 12c CONFLICT OF INTEREST POLICY IS REVIEWED BY CREDIT UNIONS EXECUTIVE TEAM CEO executive director top management comp Part VI line 15a EXECUTIVE COMPENSATION IS REVIEWED BY CREDIT UNION COMPENSATION COMMITTEE Other officer or key employee compensation Part VI line 15b COMPENSATION COMMITTEE REVIEWS COMPENSATION OF TOP MANAGEMENT Governing documents etc available to public Part VI line 19 CREDIT UNION DOCUMENTS ARE MADE AVAILABLE UPON REQUEST Explanation of other changes in net assets or fund balances Part XI line 9 INITIAL YEAR TAX RETURN