2024-12-02T10:53:19-05:00 2023-12-31 Hurricane Francine-LA 2024 affected taxpayer due to location of preparer 721506949 Griffin and Furman LLC P O Box 983 Mandeville LA 70470 990 2023-01-01 590650050 Harvesters Credit Union HARV 480 S Highway 29 Cantonment FL 32533 Jennifer Debrabant VP of Finance 8508574328 2024-11-21 true true Robert J Furman CPA P00364352 9857279924 2024-12-02 2023 2024-10-15 13:58:12Z 21228779 false X X 2021 FL The credit unions 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 Escambia, Santa Rosa, Okaloosa, Walton, and Bay counties in Florida. 9 9 116 12 56065 0 0 12005329 14465474 196422 803978 6189798 5959327 18391549 21228779 0 0 7521337 7650613 0 0 8577153 12346498 16098490 19997111 2293059 1231668 307199690 296117610 289149079 277536023 18050611 18581587 The credit unions 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 Escambia, Santa Rosa, Okaloosa, Walton, and Bay counties in Florida. false false 19997111 IN OUR EFFORTS TO PROMOTE THRIFT AMONG OUR MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, CERTIFICATE OF DEPOSIT ACCOUNTS AS WELL AS IRA SAVINGS AND CERTIFICATE OF DEPOSIT ACCOUNTS. TO 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. 19997111 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false true false false false false false false false false true false false false true 3030 0 true 116 true true true false false false false false false false X 9 9 false false false false true true true true true false true true true true true true false true true true false FL X Jennifer Debrabant 8508574328 480 S Highway 29 Cantonment FL 32533 Keith Golden CEO 40.00 0.00 X 386878 0 29051 William Cox Senior VP of Investments & In 40.00 0.00 X 162350 0 10874 Stanley Bruce Senior VP of Lending 40.00 0.00 X 170388 0 1169 Barbara Ward VP of Lending 40.00 0.00 X 149195 0 0 Marilyn Clifton VP of Merchant Indirect Busin 40.00 0.00 X 148724 0 0 Theresa Clay VP of Operations 40.00 0.00 X 141351 0 0 Jennifer Debrabant VP of Finance 40.00 0.00 X 140668 0 0 Krista Armstrong VP of Information Thechnology 40.00 0.00 X 140252 0 0 Robin Arnold Mortgage Loan Officer 40.00 0.00 X 138440 0 0 Mark Cathey Senior Mortgage Underwriter 40.00 0.00 X 118720 0 0 Denise Burkett Senior VP of Admin 40.00 0.00 X 117661 0 0 Dustin Vaughn VP of Risk Management & Compl 40.00 0.00 X 116581 0 0 Jessica Herring VP of Member Experience 40.00 0.00 X 109440 0 0 Randy Johnson VP of Business Development 40.00 0.00 X 107128 0 0 John Walker CFO 40.00 0.00 X 81088 0 0 Pam Thomas Director 0.00 0.00 X 0 0 0 Ryan Spikes Director 0.00 0.00 X 0 0 0 Keith Thorpe Director 0.00 0.00 X 0 0 0 Amber Halfacre Director 0.00 0.00 X 0 0 0 Richard Fountain Director 0.00 0.00 X 0 0 0 Robin Cook Chairman 0.00 0.00 X 0 0 0 Scott Poynter Vice Chairman 0.00 0.00 X 0 0 0 Donna Bengtson Treasurer 0.00 0.00 X 0 0 0 Fred Chandler Director 0.00 0.00 X 0 0 0 2228864 0 41094 14 false true false Business Data Inc PO Box 6081 Inglewood CA 90312 Statement Processi 216290 Florida Blue PO Box 121158 Dallas TX 75312 Medical & Dental I 482819 Jack Henry Associates 663 W Hwy 60 Monett MO 65708 Data Processing 389271 Q2 Software PO Box 205970 Dallas TX 75320 Mobile App Platfor 463507 SMP Architecture 205 E Intendencia Street Pensacola FL 32502 Design Development 195490 5 Interest on Loans 522100 14465474 14465474 14465474 803978 747913 56065 Fees & Service 522100 5959327 5959327 5959327 21228779 21172714 56065 0 X 1971705 4026619 659263 560591 432435 125744 97868 221573 187554 275681 122464 7075 2914014 608375 184808 Operations Expense 196011 196011 Training 38921 38921 Dues & Subscriptions 46779 46779 Repairs & Maintenance 956573 956573 6363058 19997111 0 0 0 4042516 3417897 17343123 18636975 1229727 1616450 171167 226608 263216903 252112637 4891841 4664713 16610942 6995552 9775591 9615390 1323963 974862 5204859 4852078 307199690 296117610 17731191 9301281 271417888 268234742 289149079 277536023 X 18050611 18581587 18050611 18581587 307199690 296117610 X 1231668 -1107203 406511 X false true X true false 4229526 4229526 7362853 3177098 4185755 185362 159278 26084 4127421 3114122 1013299 705780 545054 160726 9615390 Investments - Other 974862 974862 Accrued Income 900070 Other Assets 3952008 4852078 Share Accounts 268234742 268234742 X false false false Keith Golden CEO 362000 512 24366 29051 415929 Stanley Bruce Senior VP of Lending 161520 541 8327 1169 171557 William Cox Senior VP of Investments & Insuranc 156498 541 5311 10874 173224 Keith Golden CEO Truck Loan X 15642 2841 false true true Keith Golden CEO Auto Loan X 40000 23741 false true true Keith Golden CEO Auto Loan X 20010 4698 false true true Theresa Clay VP of Operations Share Secured X 25000 12326 false true true Jennifer Debrabant VP of Finance Auto Loan X 26000 21558 false true true Jessica Herring VP of Member Experie Auto Loan X 25094 false true true Dustin Vaughn VP of Risk Managemen Personal Loan X 5000 644 false true true John Walker CFO Mortgage X 160800 160800 false true true 226608 Members or stockholder classes and rights Part VI line 6 THE CREDIT UNION IS OWNED BY ITS MEMBERS. Member election for additional members Part VI line 7a BOARD MEMBERS ARE ELECTED BY A VOTE OF THE GENERAL MEMBERSHIP. Governing body decisions Part VI line 7b MAJOR DECISIONS AFFECTING THE CREDIT UNION ARE MADE BY THE BOARD OF DIRECTORS AND AFFIRMED BY THE MEMBERS. Form 990 governing body review Part VI line 11 THE 990 IS REVIEWED BY THE VP OF FINANCE PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c THE BOARD OF DIRECTORS IS ULTIMATELY RESPONSIBLE FOR SETTING AND ENFORCING POLICIES. A written conflict of interest party can be found in the Business Ethics Policy. CEO executive director top management comp Part VI line 15a THE CREDIT UNION USES COMPEASE SALARY GUIDES; THE BOARD REVIEWS COMPENSATION ANNUALLY; THE CREDIT UNION HAS NO OFFICIAL PROCESS BUT THE BOARD APPROVES SALARY OF THE CEO. Other officer or key employee compensation Part VI line 15b THE CREDIT UNION USES COMPEASE SALARY GUIDES; THE BOARD REVIEWSCOMPENSATION ANNUALLY; THE CREDIT UNION HAS NO OFFICIAL PROCESS BUT THEBOARD APPROVES SALARY OF THE CEO. Governing documents etc available to public Part VI line 19 POLICIES AND FINANCIAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 During the year the Credit Union reduced net assets for prior period adjustments totaling $1,107,203 for prior to year corrections to various asset and liability accounts. Additionally, other comprehensive income was increased by $406,511 for adjustments related to the Credit Unions pension liability. List of other expenses Part IX line 24e Communication $381,009Bank Fees 61,855Loan Servicing 1,928,057ATM & Bill Pay Expenses 1,006,088Leased Equipment 12,994Outside Services 903,927Security 58,118Provision for Losses 469,373Charge-Offs 228,711Over & Short 3,673Donations 6,510Miscellaneous 36,308Loss on Investments 47,519Total: 5,144,142 Harvesters Insurance LLC PO Box 549 Cantonment FL 32533 462325047 Insurance Brokerage or Agency Referrals FL 47272 225425 N/A