2023-11-10T10:23:28-06:00 2022-12-31 382492570 DOEREN MAYHEW 12060 SW 129 COURT STE 201 MIAMI FL 331864582 990 2022-01-01 591517872 ORLANDO CREDIT UNION ORLA 4078353500 945 S ORANGE AVE ORLANDO FL 32806 THOMAS DOBBS CFO 4078353510 2023-11-09 1 THOMAS DOBBS 999009999 0 JOHN J MURNANE JR P03021572 3052328272 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUZANNE WEINSTEIN 945 S ORANGE AVE ORLANDO FL 32806 13556119 0 2106 X ORLANDOCREDITUNION.ORG X 1936 FL ORLANDO CREDIT UNION WAS FOUNDED ON THE UNIVERSAL CREDIT UNION CREED OF NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE." IT'S WHY OVER 25,000 MEMBERS TURN TO US STILL, MORE THAN 80 YEARS AFTER WE WERE FOUNDED. 7 7 121 10 121932 0 0 0 14193260 12567002 468068 989117 0 0 14661328 13556119 0 0 0 0 6511092 7488695 0 0 0 6648855 7117847 13159947 14606542 1501381 -1050423 313715369 320134745 291374673 304831351 22340696 15303394 ORLANDO CREDIT UNION WAS FOUNDED ON THE UNIVERSAL CREDIT UNION CREED OF NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE." IT'S WHY OVER 25,000 MEMBERS TURN TO US STILL, MORE THAN 80 YEARS AFTER WE WERE FOUNDED. 0 0 INCOME FROM CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE CREDIT UNION 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2648 0 1 121 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 0 0 X THOMAS DOBBS 4078353500 945 S ORANGE AVE ORLANDO FL 32806 FJ FLYNN BOARD OF DIRECTORS-VICE CH 0.50 X 0 0 0 GRACE CHEWNING BOARD OF DIRECTORS-TREASUR 0.50 X 0 0 0 ANDREW DILORETO BOARD OF DIRECTORS-DIRECTO 0.50 X 0 0 0 LAWRENCE STRAWN BOARD OF DIRECTORS-SECRETA 0.50 X 0 0 0 CHRIS MCCULLION BOARD OF DIRECTORS-DIRECTO 0.50 X 0 0 0 MARIA NEFF CAULDER BOARD OF DIRECTORS-DIRECTO 0.50 X 0 0 0 VINCE PRESTON BOARD OF DIRECTORS-DIRECTO 0.50 X 0 0 0 SUZANNE WEINSTEIN PRESIDENT/CEO 50.00 X 363280 0 253369 THOMAS DOBBS CFO 50.00 X 198179 0 32018 CLINT JONES COO 50.00 X 130974 0 20370 BRETT CHILDERS COMMERCIAL LOAN OFFICER 50.00 X 206977 0 21061 VICTOR GONZALEZ VP OF IT 50.00 X 168963 0 38233 TIM CAHILL COMMERCIAL LOAN OFFICER 50.00 X 149737 0 16028 MISTY LIZARRALDE VP OF HR 50.00 X 135441 0 30660 SHARON BARRY VP OF MEMBER EXPERIENCE 50.00 X 138063 0 21912 1491614 0 433651 10 0 1 0 VISA USA INC PO BOX 742233 LOS ANGELES CA 900742233 ATM/DEBIT/CREDIT CARD SERVICES 723797 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 FINANCIAL TECHNOLOGY SERVICES 447865 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 SOFTWARE COMPANY 390762 BUSINESS ALLIANCE FINANCIAL SERVICES LL 1500 N 19TH ST SUITE 600 MONROE LA 71201 COMMERICAL LENDING SERVICES 234992 CATHEDRAL 632 ELLSWORTH RD ROME NY 13441 STATEMENTS PRINTING/MAILING SERVICES 233504 8 LOAN INCOME 522100 9759684 9759684 OTHER INCOME 522100 1702003 1702003 FEES AND CHARGES 522100 983383 983383 FINANCE AND INSURANCE 520000 121932 121932 12567002 989117 989117 13556119 13434187 121932 0 X 998190 4975917 254712 820656 439220 25595 77301 257932 270574 402001 1614963 532012 27785 470812 665356 122589 DEBIT CARD 823889 LOAN SERVICING 499560 CREDIT CARD 391781 PROVISION LOAN LOSS 271526 664171 14606542 6367664 4688232 39095491 11264170 185571 514070 194253414 238077656 634781 599333 15846654 4852132 11507085 10994522 47136871 39481569 3291700 3307000 11242792 11208193 313715369 320134745 3270721 3797329 288103952 301034022 291374673 304831351 X 0 0 0 0 22340696 15303394 22340696 15303394 313715369 320134745 -1050423 -5986879 0 X X 0 1 X 1 0 5233083 5233083 6866995 1771261 5095734 275569 212308 63261 3471007 2868563 602444 10994522 SAVINGS 128424970 SHARE DRAFT 66578832 SHARE CERTIFICATES 28440294 IRA SHARES 8246450 IRA CERTIFICATES 2684447 MONEY MARKET 66323922 ESCROW 335107 301034022 X 13556119 0 13556119 0 13556119 14606542 0 14606542 0 14606542 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 X X 0 1 0 SUZANNE WEINSTEIN PRESIDENT/CEO 295818 0 61162 0 6300 0 225236 0 28133 0 616649 0 0 0 THOMAS DOBBS CFO 184760 0 13419 0 0 0 11321 0 20697 0 230197 0 0 0 BRETT CHILDERS COMMERCIAL LOAN OFFICER 98764 0 108213 0 0 0 12584 0 8477 0 228038 0 0 0 VICTOR GONZALEZ VP OF IT 156680 0 12283 0 0 0 10127 0 28106 0 207196 0 0 0 MISTY LIZARRALDE VP OF HR 125961 0 9480 0 0 0 8523 0 22137 0 166101 0 0 0 TIM CAHILL COMMERCIAL LOAN OFFICER 100000 0 49737 0 0 0 7539 0 8489 0 165765 0 0 0 SHARON BARRY VP OF MEMBER EXPERIENCE 130941 0 7122 0 0 0 6630 0 15282 0 159975 0 0 0 CLINT JONES COO 130974 0 0 0 0 0 1615 0 18755 0 151344 0 0 0 PART I, LINE 4B THE CEO, SUZANNE WEINSTEIN, PARTICIPATES IN A NON-QUALIFIED 457(F) DEFERRED COMPENSATION PLAN. THE CREDIT UNION ACCRUED APPROXIMATELY $208,000 TOWARD THIS BENEFIT DURING THE YEAR ENDED DECEMBER 31, 2022. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A 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 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 CEO & CFO WILL REVIEW THE FORM 990 FOR ACCURACY AS COMPARED TO THEIR AVAILABLE SUPPORTING DOCUMENTS. HOWEVER, THEY ARE NOT TAX EXPERTS SO THERE IS A HEAVY RELIANCE ON THE PREPARING PARTY. FORM 990, PART VI, SECTION B, LINE 12C A RELATED PARTY & CODE OF BUSINESS ETHICS FORM IS EMAILED OUT ANNUALLY BY THE HUMAN RESOURCES DEPARTMENT. THEY FOLLOW UP TO ENSURE ALL FORMS ARE SIGNED AND RETURNED. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE IN THE FORM OF THE QUARTERLY CALL REPORT ON NCUA.GOV. FORM 990, PART IX, LINE 24E SHARE LOSSES 192,601. HUMAN RESOURCES 163,141. SHARED BRANCHING 100,355. NCUA OPERATING FEE 73,937. ASSOCIATION DUES 58,130. CHECKING 45,672. MISCELLANEOUS 32,201. CASH OVER AND SHORT -1,866. FORM 990, PART XII, LINE 2C: WE HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. OUR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.