2023-10-31T12:00:55-05:00 2022-12-31 382492570 DOEREN MAYHEW 12060 SW 129 CT STE 201 MIAMI FL 33186 990 2022-01-01 590637646 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 JENNIFER HUNT CFO 3523359090 2023-10-30 1 JENNIFER HUNT 999009999 0 JOHN J MURNANE JR P03021572 3052328272 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CAMPUS USA CREDIT UNION JERRY BENTON 14007 NW 1ST ROAD JONESVILLE FL 32669 208492084 0 2106 X WWW.CAMPUSCU.COM X 1935 FL CAMPUS USA IS A NON-PROFIT FINANCIAL INSTITUTION. WE SERVE MEMBERS IN TWELVE COUNTIES OFFERING COMPETITIVE SAVINGS AND LOAN OPTIONS ALONG WITH EXCEPTIONAL MEMBER SERVICE. 7 7 516 10 197858 0 0 0 117000470 129053143 5435345 4320985 0 0 122435815 133374128 466649 386338 0 0 32632391 35812551 0 0 0 43796477 53568236 76895517 89767125 45540298 43607003 2692290378 3029797470 2377407332 2690616293 314883046 339181177 THE MISSION OF OUR CREDIT UNION IS TO RESPOND TO THE NEEDS OF THE MEMBERSHIP BY OFFERING THE BEST FINANCIAL SERVICES. OUR CREDIT UNION IS A NOT-FOR-PROFIT SERVICE ORGANIZATION WHICH MAINTAINS A STRONG FINANCIAL FOUNDATION. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND 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 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36750 0 1 516 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X GABE HAMLETT GENERAL COUNSEL 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 RUBEN RAMOS CHAIR 5.00 X 0 0 0 KEITH BIRKETT DIRECTOR 5.00 X 0 0 0 PAULA WELCH VICE CHAIR 5.00 X 0 0 0 PRINCE HINSON DIRECTOR 5.00 X 0 0 0 JAY HUTTO DIRECTOR 5.00 X 0 0 0 RUBY PUCKETT DIRECTOR 5.00 X 0 0 0 MARK WALDORFF DIRECTOR 5.00 X 0 0 0 JERRY W BENTON CEO 40.00 X 822414 0 257799 GABRIEL W HAMLETT CHIEF LEGAL OFFICER 40.00 X 295321 0 88588 JILL E HARPER CHIEF HR OFFICER 40.00 X 311062 0 94611 JENNIFER L HUNT CFO 40.00 X 346129 0 101696 MICHAEL ROSS JONES CHIEF LENDING OFFICER 40.00 X 232499 0 97412 JEFFERY A THIEMAN COO 40.00 X 357581 0 108278 DAVID BARBER VP COMMERCIAL LENDING 40.00 X 243101 0 44538 TROY BATTLE VP OF PROJECTS/FACILITIES 40.00 X 162737 0 36242 BRIAN FISHER VP TECHNOLOGY SERVICES 40.00 X 182231 0 34827 FREDERICK E HILTON VP OF INVESTMENT SERVICES 40.00 X 236213 0 44325 PAMELA JOHNSON VP RETAIL OPERATIONS 40.00 X 174910 0 31423 PETER SUBACH SPECIAL ACCOUNTS MANAGER 40.00 X 194670 0 28125 THOMAS JARVIS DIRECTOR OF COMMERCIAL LENDING & COMMUNITY RELATIO 40.00 X 187639 0 39235 WESTON GALLOP FINANCIAL ADVISOR 40.00 X 162643 0 36744 BRANDON VEGA INFORMATION TECHNOLOGY MAN 40.00 X 160174 0 29391 BO FISHER COMMERCIAL LENDER 40.00 X 150906 0 35290 4220230 0 1108524 44 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSOR 3295500 SCHERER CONSTRUCTION 2504 NW 71 PLACE GAINESVILLE FL 32653 BRANCH CONSTRUCTION 1757180 JACK HENRY & ASSOC INC PO BOX 609 MONETT MO 65708 CORE IT SOFTWARE 1362574 PRINTMAIL SOLUTIONS LLC 23 FRIENDS LN NEWTOWN PA 18940 MAILING SOLUTION 1312031 CDW PO BOX 75723 CHICAGO IL 60675 IT SOFTWARE/HARDWARE 1096425 36 INTEREST ON LOANS 522100 99912476 99912476 FEES/CHARGES 522100 28942809 28942809 FINANCE AND INSURANCE 520000 197858 197858 129053143 5975601 5975601 73463340 75117956 -1654616 -1654616 -1654616 133374128 133176270 197858 0 X 386338 4303937 23011772 3439074 3137680 1920088 42995 201827 141667 657354 1738225 4162999 6995391 15494272 211480 3645896 392443 PROVISION FOR LOAN LOSS 8400000 LOAN SERVICING 5099115 DEBIT CARD SERVICES 3346926 MISCELLANEOUS 1901091 1136555 89767125 16676200 17427687 70292247 90042406 8346828 19957618 2186330722 2605464571 5177010 11780329 88917434 33029840 54142584 55887594 290761462 196241151 33795346 4667078 26767979 28329036 2692290378 3029797470 31071909 36927221 5000000 75000000 2341335423 2578689072 2377407332 2690616293 X 0 0 0 0 314883046 339181177 314883046 339181177 2692290378 3029797470 X 43607003 -24607580 5298708 X X 0 1 X 1 0 20087043 20087043 44305809 15373710 28932099 3232048 2636201 595847 20890898 14619053 6271845 401636 400876 760 55887594 SHARE DRAFTS 468923494 SHARE AND EQUIVALENTS 934647197 MONEY MARKET ACCOUNTS 350403941 IRA SHARES 40983388 SHARE AND IRA CERTIFICATES 783731052 2578689072 X 135028744 0 135028744 -1654616 -1654616 133374128 96295550 1654616 1654616 94640934 -4873809 -4873809 89767125 PART X, LINE 2: FEDERAL AND STATE TAX EXEMPTION 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET LOSSES ON THE SALES OF EQUITY AND AVAILABLE-FOR-SALE SECURITIES REPORTED AS A REDUCTION OF REVENUE ON FORM 990 BUT WITHIN EXPENSES IN THE AUDITED FINANCIAL STATEMENTS -1,654,616. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET LOSSES ON THE SALES OF EQUITY AND AVAILABLE-FOR-SALE SECURITIES REPORTED AS A REDUCTION OF REVENUE ON FORM 990 BUT WITHIN EXPENSES IN THE AUDITED FINANCIAL STATEMENTS 1,654,616. 1 CHILDREN'S MIRACLE NETWORK PO BOX 100386 GAINESVILLE FL 32610 591943502 501(C)(3) 153410 0 CHARITABLE CONTRIBUTION AMERICAN HEART ASSOCIATION PO BOX 4002900 DES MOINES IA 50340 135613797 501(C)(3) 51371 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS GAINSVILLE VOLLYBALL INC 522 SW MALD MARLON LN HIGH SPRINGS FL 32643 852803499 501(C)(3) 10000 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS AMERICAN CANCER SOCIETY 2119 SW 16 STREET GAINESVILLE FL 32608 131788491 501(C)(3) 9955 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS JUNIOR ACHIEVEMENT OF TAMPA BAY INC 13707 N 22ND ST TAMPA FL 33613 591098499 501(C)(3) 7822 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS UNITED WAY OF NORTH CENTRAL FLORIDA PO BOX 2829 LAKE CITY FL 32056 590808855 501(C)(3) 7500 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS RONALD MCDONALD HOUSE CHARITIES 1600 SW 14 ST GAINSVILLE FL 32608 591887896 501(C)(3) 7100 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS 7 0 PART I, LINE 2 THE AMOUNTS PAID TO THE ORGANIZATIONS ARE CONSIDERED DONATIONS, NOT GRANTS, SO THERE IS NO MONITORING. SOME DONATIONS ARE EVENT SPONSORSHIP BASED. X X X 1 1 X X X X 0 1 0 JERRY W BENTON CEO 602883 0 184011 0 35520 0 235639 0 22160 0 1080213 0 0 0 JEFFERY A THIEMAN COO 279834 0 58250 0 19497 0 86701 0 21577 0 465859 0 0 0 JENNIFER L HUNT CFO 274081 0 58250 0 13798 0 86191 0 15505 0 447825 0 0 0 JILL E HARPER CHIEF HR OFFICER 235482 0 58250 0 17330 0 84237 0 10374 0 405673 0 0 0 GABRIEL W HAMLETT CHIEF LEGAL OFFICER 216737 0 58250 0 20334 0 68416 0 20172 0 383909 0 0 0 MICHAEL ROSS JONES CHIEF LENDING OFFICER 163484 0 58250 0 10765 0 77367 0 20045 0 329911 0 0 0 DAVID BARBER VP COMMERCIAL LENDING 154070 0 77268 0 11763 0 24758 0 19780 0 287639 0 0 0 FREDERICK E HILTON VP OF INVESTMENT SERVICES 168625 0 64253 0 3335 0 24362 0 19963 0 280538 0 0 0 THOMAS JARVIS DIRECTOR OF COMMERCIAL LENDING & COM 135010 0 51925 0 704 0 19555 0 19680 0 226874 0 0 0 PETER SUBACH SPECIAL ACCOUNTS MANAGER 152674 0 30259 0 11737 0 19325 0 8800 0 222795 0 0 0 BRIAN FISHER VP TECHNOLOGY SERVICES 175483 0 4900 0 1848 0 19041 0 15786 0 217058 0 0 0 PAMELA JOHNSON VP RETAIL OPERATIONS 153231 0 4900 0 16779 0 17616 0 13807 0 206333 0 0 0 WESTON GALLOP FINANCIAL ADVISOR 157189 0 4900 0 554 0 17230 0 19514 0 199387 0 0 0 TROY BATTLE VP OF PROJECTS/FACILITIES 137438 0 14900 0 10399 0 16690 0 19552 0 198979 0 0 0 BRANDON VEGA INFORMATION TECHNOLOGY MAN 152178 0 4900 0 3096 0 16142 0 13249 0 189565 0 0 0 BO FISHER COMMERCIAL LENDER 108239 0 42247 0 420 0 15820 0 19470 0 186196 0 0 0 PART I, LINE 4B THE FOLLOWING EXECUTIVES PARTICIPATED IN THE 457F PLAN. THE FOLLOWING REFLECTS THE DOLLAR AMOUNT THE CREDIT UNION CONTRIBUTED TOWARD EACH EXECUTIVE'S PLAN DURING 2022: J. BENTON $179,111; G. HAMLETT $53,350; J. HARPER $53,350; J. HUNT $53,350; M. JONES $53,350; J. THIEMAN $53,350. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. 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, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT UNION'S VP OF HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CODE OF CONDUCT FOR SENIOR MANAGERS, DIRECTORS AND COMMITTEE MEMBERS WHICH REQUIRES THESE INDIVIDUALS TO ANNUALLY DISCLOSE GIFTS AND POTENTIAL CONFLICTS OF INTEREST. SENIOR MANAGERS, DIRECTORS, AND COMMITTEE MEMBERS ARE REQUIRED ANNUALLY TO SIGN A STATEMENT OF COMPLIANCE, WHICH IS REPORTED TO THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 CAMPUS USA CREDIT UNION USES AN EXTERNAL COMPENSATION SYSTEM WITH MARKET DATA FOR ANALAYZING SALARY DATA. IN ADDITION, COMPENSATION DATA IS PULLED FROM CUES EXECUTIVE SALARY REPORT. THE CEO REVIEW PROCESS ALSO UTLIIZES 990 SALARY DATA AND IS EVALUATED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 24E ATM SHARED BRANCHING FEES 510,255. EDUCATION 356,170. PRINTING AND PUBLICATIONS 182,218. AUTOMOBILE EXPENSES 64,304. NCUA INSURANCE PREMIUM ASSESSMENT 23,608. FORM 990, PART XI, LINE 9: NET UNREALIZED LOSSES ON DEFINED BENEFIT PLAN ASSETS 5,298,708. 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.