2024-11-15T14:47:15-06:00 2023-12-31 382492570 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2023-01-01 590857430 STATE CHARTERED CREDIT UNIONS IN FLORIDA FLORIDA CENTRAL CREDIT UNION STAT 8138793333 3333 HENDERSON BLVD TAMPA FL 33609 THUY LINH N DANG CEO 8138793333 2024-11-15 1 0 JOHN J MURNANE JR P03021572 3052328272 2024-11-15 2023 2024-10-15 13:58:12Z FLORIDA CENTRAL CREDIT UNION THUY LINH N DANG 3333 HENDERSON BLVD TAMPA FL 33609 29386409 0 2106 X WWW.FLORIDACENTRALCU.COM X 1991 FL FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS. 8 7 185 10 31686 0 0 0 17524905 22450435 4563868 4935384 0 0 22088773 27385819 0 0 0 0 9068322 10020151 0 0 0 10751554 15513662 19819876 25533813 2268897 1852006 591612328 594851998 584226613 581753348 7385715 13098650 X FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 11438 0 1 185 1 1 1 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 X DANIEL GEORGE 8133876121 3333 HENDERSON BLVD TAMPA FL 33609 KENNETH H SPENCE DIRECTOR 1.00 X 3395 0 0 STEPHEN SHEAR SECRETARY 1.00 X 3395 0 0 WILLIAM MIGNONE CHAIRPERSON 1.00 X 3395 0 0 DAVID STEFFEN DIRECTOR 1.00 X 0 0 0 MARGARET SPURRIER VICE CHAIRPERSON 1.00 X 0 0 0 GARY VIEN DIRECTOR 1.00 X 0 0 0 STEPHANIE OSTERLAND DIRECTOR 1.00 X 0 0 0 BRATON COLE TREASURER 1.00 X 3395 0 0 THUY LINH N DANG PRESIDENT/CEO 40.00 X 488827 0 19547 DEANNA KNIGHT CFO 40.00 X 67612 0 8344 MITCHELL SCOTT NEWBERGER COO 40.00 X 146539 0 22689 PAMELA WENDLAND CHIEF CREDIT OFFICER 40.00 X 148529 0 11303 PATRICIA WADDELL IT MANAGER 40.00 X 140583 0 19710 THOMAS CHESNUTT DIRECTOR OF SALES 40.00 X 150262 0 9658 CARLA GANT VP HUMAN RESOURCES 40.00 X 137800 0 49523 BRIAN ROBINSON SVP/CMO 40.00 X 172899 0 45312 DANIEL GEORGE VP OF FINANCE 40.00 X 107998 0 19237 1574629 0 205323 8 0 1 0 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 CORE SYSTEM 693614 WINDSTREAM ENTERPRISE PO BOX 9001013 LOUISVILLE KY 402901013 COMMUNICATIONS 412455 CONNECT FINANCIAL SOFTWARE PO BOX 923 SANDY UT 84091 HOMEBANKING 395512 CENTROID SYSTEMS LLC 1050 WILSHIRE DRIVE TROY MI 48084 CORE CONVERSION 269835 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 HARDWARE EQUIPMENT 243983 19 INTEREST ON LOANS 522100 16904334 16904334 FEES/CHARGES/OTHER 522100 5514415 5514415 FINANCE & INSURANCE 520000 31686 31686 22450435 3837898 3837898 3098076 2000590 1097486 1097486 1097486 27385819 27354133 31686 0 X 926970 6704997 950325 872187 565672 90694 96898 93000 278476 318630 1175617 291080 1110189 176673 22187 3290302 885185 190476 SHARE/DEBIT/CREDIT CARD 2272540 PROVISION FOR LOAN LOSS 1997259 MAINTENANCE AND REPAIRS 1497602 CREDIT AND COLLECTION E 635151 1091703 25533813 3384803 3053989 18490585 55264090 1635559 2650047 399406480 383413668 8923161 10100349 29018750 9010536 21469708 20008214 113555260 104941582 1285346 2725950 23461426 12694109 591612328 594851998 6117082 8066319 578109531 573687029 584226613 581753348 X 0 0 0 0 7385715 13098650 7385715 13098650 591612328 594851998 X 1852006 3616462 244467 X X 0 1 X 1 0 5896526 5896526 14620240 3032527 11587713 545518 487676 57842 7956466 5490333 2466133 20008214 REGULAR SHARES 208072665 CHRISTMAS CLUB 262544 TIME DEPOSITS 119875889 CHECKING ACCOUNTS 12029815 ULTIMATE CHECKING 167350407 IRA ACCOUNTS 7911465 IRA CERTIFICATES 9422845 MONEY MARKET 34288598 NON-MEMBER DEPOSITS 14472801 573687029 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X 1 1 X X X X 0 1 0 THUY LINH N DANG PRESIDENT/CEO 488827 0 0 0 0 0 0 0 19547 0 508374 0 0 0 BRIAN ROBINSON SVP/CMO 172899 0 0 0 0 0 34398 0 10914 0 218211 0 0 0 CARLA GANT VP HUMAN RESOURCES 137800 0 0 0 0 0 35780 0 13743 0 187323 0 0 0 MITCHELL SCOTT NEWBERGER COO 146539 0 0 0 0 0 12907 0 9782 0 169228 0 0 0 PATRICIA WADDELL IT MANAGER 140583 0 0 0 0 0 8557 0 11153 0 160293 0 0 0 THOMAS CHESNUTT DIRECTOR OF SALES 150262 0 0 0 0 0 8726 0 932 0 159920 0 0 0 PAMELA WENDLAND CHIEF CREDIT OFFICER 148529 0 0 0 0 0 0 0 11303 0 159832 0 0 0 PART I, LINE 4B THERE WERE NO PAYOUTS FOR THE YEAR ENDED DECEMBER 31, 2023. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS MEMBER OWNED. A CREDIT UNION IS LED BY A BOARD OF DIRECTORS (ALL OF WHOM MUST BE MEMBERS THEMSELVES), WHICH IS ELECTED BY THE CREDIT UNION MEMBERSHIP. EACH MEMBER GETS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY. DECISIONS ARE MADE BY THE GOVERNING BODY WHO REPRESENTS THE MEMBERSHIP OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING MANAGER IS IN CHARGE OF PREPARING FORM 990. THE PRESIDENT AND CEO OF THE CREDIT UNION ALONG WITH THE CFO REVIEW THE RETURN AND MAKE THE NECESSARY CORRECTIONS. THE RETURN IS FILED WHEN COMPLETED. FORM 990, PART VI, SECTION B, LINE 15 A PERFORMANCE EVALUATION FORM IS COMPLETED BY THE BOARD ANNUALLY FOR THE CEO. THE CEO'S SALARY IS ALSO DETERMINED BY THE BOARD. FOR OTHER OFFICERS OR KEY EMPLOYEES, AN EVALUATION IS PERFORMED ANNUALLY BY THE CEO. JOB GRADES AND COMPENSATION RANGES FOR EACH GRADE ARE ESTABLISHED BY A THIRD-PARTY COMPENSATION FORM; KOGER, GOODWIN AND ASSOCIATES. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE NCUA.GOV WEBSITE VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 24E ATM EXPENSE 472,405. HOME BANKING 407,440. OTHER LOSSES 115,011. ASSOCIATION DUES 65,029. EDUCATION AND PROMOTION 22,884. MISCELLANEOUS EXPENSE 8,934. FORM 990, PART XI, LINE 9: NET PENSION GAINS/(LOSSES) 719,861. AMORTIZATION OF NET PENSION LOSSES 453,169. CUMULATIVE EFFECT FROM CHANGE IN ACCOUNTING PRINCIPLE -928,563. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. MEMBER SERVICES CORPORATION PO BOX 18605 TAMPA FL 336798605 592678556 CREDIT UNION SUPPORT SERVICE FL FLORIDA CENTRAL CREDIT UNION C -82850 809060 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0