STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0637646)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-08-12
IRS object ID: 201532249349302298
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-08-12T04:18:29-00:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33186	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	590637646	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAMPUS USA CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CAMP	BusinessNameControlTxt
Phone	3523359090	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 147029	AddressLine1Txt
City	GAINESVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32614	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JENNIFER L HUNT	PersonNm
Person Title	CFO	PersonTitleTxt
Signature	2015-08-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DOUGLAS ORTH	PreparerPersonNm
Phone	3052328272	PhoneNum
Preparation	2015-08-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JERRY BENTON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1Txt
City	JONESVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32669	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$85,021,428	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Group Exemption	2106	GroupExemptionNum
Organization501c	Yes (X)	Organization501cInd
Website Address	www.campuscu.com	WebsiteAddressTxt
Type Of Organization Other	Yes (X)	TypeOfOrganizationOtherInd
Other Organization Dsc	CREDIT UNION	OtherOrganizationDsc
Formation	1935	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	CAMPUS USA CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION PROVIDER. IT HAS SIX COUNTIES FOR MEMBERSHIP WITH COMPETITIVE SAVINGS AND LOAN RATES ALONG WITH EXCEPTIONAL MEMBER SERVICE.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	298	TotalEmployeeCnt
Total Volunteers	7	TotalVolunteersCnt
Total Gross UBI	$150,529	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$57,644	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$43,566,622	PYProgramServiceRevenueAmt
CY Program Service Revenue	$46,798,844	CYProgramServiceRevenueAmt
PY Investment Income	$2,891,963	PYInvestmentIncomeAmt
CY Investment Income	$2,653,943	CYInvestmentIncomeAmt
PY Other Revenue	$1,599,302	PYOtherRevenueAmt
CY Other Revenue	$1,591,523	CYOtherRevenueAmt
PY Total Revenue	$48,057,887	PYTotalRevenueAmt
CY Total Revenue	$51,044,310	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$18,043,867	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$17,203,645	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$21,815,118	PYOtherExpensesAmt
CY Other Expenses	$24,292,824	CYOtherExpensesAmt
PY Total Expenses	$39,858,985	PYTotalExpensesAmt
CY Total Expenses	$41,496,469	CYTotalExpensesAmt
PY Revenues Less Expenses	$8,198,902	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$9,547,841	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,140,543,588	TotalAssetsBOYAmt
Total Assets EOY	$1,256,665,283	TotalAssetsEOYAmt
Total Liabilities BOY	$987,485,542	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,099,429,348	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$153,058,046	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$157,235,935	NetAssetsOrFundBalancesEOYAmt
Mission	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.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	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.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	Yes (true)	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	11462	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	298	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JERRY BENTON	PersonNm
Phone	3523359090	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1Txt
City	JONESVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32669	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DR P WELCH
DIRECTOR	002.50	002.50	Yes (X)	$0	$0	$0
DR J BENNET
DIRECTOR	002.50	002.50	Yes (X)	$0	$0	$0
K BIRKETT
DIRECTOR	002.50	002.50	Yes (X)	$0	$0	$0
P HINSON
V. CHAIR	002.50	002.50	Yes (X)	$0	$0	$0
J HUTTO
DIRECTOR	002.50	002.50	Yes (X)	$0	$0	$0
R PUCKETT
CHAIRMAN	002.50	002.50	Yes (X)	$0	$0	$0
M WALDORFF
DIRECTOR	002.50	002.50	Yes (X)	$0	$0	$0
RL SCOTT
PRESIDENT	040.00	040.00		$332,627	$0	$46,366	Yes (X)
J BENTON
PRESIDENT/CEO	040.00	040.00		$346,014	$0	$101,942	Yes (X)
G WATERS
CSO	040.00	040.00		$240,641	$0	$71,173	Yes (X)
J HUNT
CFO	040.00	040.00		$211,415	$0	$56,299	Yes (X)
JA THIEMAN
COO	040.00	040.00		$126,538	$0	$23,875	Yes (X)
G HAMLETT
GENERAL COUNSEL	040.00	040.00		$165,265	$0	$58,854		Yes (X)
J THACKREY
CTO	040.00	040.00		$193,853	$0	$69,421			Yes (X)
F HILTON
FINANCIAL ADVISOR	040.00	040.00		$155,914	$0	$33,912			Yes (X)
J HARPER
VP OF HR	040.00	040.00		$187,067	$0	$59,192			Yes (X)
D BARBER
COMMERCIAL LOAN MANAGER	040.00	040.00		$124,400	$0	$30,546			Yes (X)
CR MALPHURS
FINANCIAL ADVISOR	040.00	040.00		$179,629	$0	$25,520			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,263,363	TotalReportableCompFromOrgAmt
Total Other Compensation	$577,100	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PRINCIPAL MUTUAL LIFE INS CO
PO BOX 9394	DES MOINES	IA	50306	PENSION/401K PLANS	$2,018,717
AAA AUTO CLUB SOUTH INC
800 SECOND AVE SOUTH SUITE 210	ST PETERSBURG	FL	33701	INDIRECT LOAN PREMIUMS	$1,132,505
ALACHUA COUNTY TAX COLLECTOR
PO BOX 142530	GAINESVILLE	FL	326142530	TAXES	$509,053
FISERV
75 REMITTANCE DRIVE SUITE 6962	CHICAGO	IL	60675	CORE SOFTWARE MAINTENANCE	$1,100,652
RATEGENIUS LOAN SERVICE INC
PO BOX 28650	AUSTIN	TX	78755	INDIRECT LOAN PREMIUMS	$647,482

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	48	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS	522100	$35,440,741	$35,440,741
FEES/CHARGES	522100	$11,207,574	$11,207,574
SECURITY SALES	523000	$44,037		$44,037
MBI	524298	$38,110		$38,110
NON-MEMBER ATM FEES	522200	$68,382		$68,382

Field	Value	IRS element (for citing)
Total Program Service Revenue	$46,798,844	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,454,921	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,454,921	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$31,939,393	SecuritiesAmt
Other	$2,236,747	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$31,772,785	SecuritiesAmt
Other	$2,204,333	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$166,608	SecuritiesAmt
Other	$32,414	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$199,022	TotalRevenueColumnAmt
Related Or Exempt Func Income	$199,022	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	522100	BusinessCd
Total Revenue Column	$1,591,523	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,591,523	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,591,523	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$51,044,310	TotalRevenueColumnAmt
Related Or Exempt Func Income	$50,893,781	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$150,529	UnrelatedBusinessRevenueAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,781,009	TotalAmt
Program Services	$1,781,009	ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$11,748,954	TotalAmt
Program Services	$11,748,954	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$849,294	TotalAmt
Program Services	$849,294	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,848,842	TotalAmt
Program Services	$1,848,842	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$975,546	TotalAmt
Program Services	$975,546	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,052	TotalAmt
Program Services	$3,052	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$347,509	TotalAmt
Program Services	$347,509	ProgramServicesAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$181,735	TotalAmt
Program Services	$181,735	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,450,077	TotalAmt
Program Services	$1,450,077	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,585,465	TotalAmt
Program Services	$3,585,465	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,990,273	TotalAmt
Program Services	$1,990,273	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,954,408	TotalAmt
Program Services	$4,954,408	ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$142,948	TotalAmt
Program Services	$142,948	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,362,550	TotalAmt
Program Services	$2,362,550	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$308,511	TotalAmt
Program Services	$308,511	ProgramServicesAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	SEE ATTACHED SCHEDULE	Desc
Total	$8,966,296	TotalAmt
Program Services	$8,966,296	ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$41,496,469	TotalAmt
Program Services	$41,496,469	ProgramServicesAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$30,062,676	BOYAmt
EOY	$40,820,166	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$32,697,533	BOYAmt
EOY	$18,876,435	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,173,206	BOYAmt
EOY	$3,364,733	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$774,445,722	BOYAmt
EOY	$917,201,898	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,789,506	BOYAmt
EOY	$4,365,338	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$63,892,140	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$19,870,375	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$44,495,475	BOYAmt
EOY	$44,021,765	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$213,795,534	BOYAmt
EOY	$200,698,066	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$19,819,650	BOYAmt
EOY	$14,931,938	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,264,286	BOYAmt
EOY	$12,384,944	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,140,543,588	BOYAmt
EOY	$1,256,665,283	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,889,448	BOYAmt
EOY	$14,269,975	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$974,596,094	BOYAmt
EOY	$1,085,159,373	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$987,485,542	BOYAmt
EOY	$1,099,429,348	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$153,058,046	BOYAmt
EOY	$157,235,935	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$153,058,046	BOYAmt
EOY	$157,235,935	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,140,543,588	BOYAmt
EOY	$1,256,665,283	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$9,547,841	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$5,112	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$5,364,840	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$5,033	PoliticalExpendituresAmt
Expended527 Activities	$5,033	Expended527ActivitiesAmt
Total Exempt Function Expend	$5,033	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (true)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEAGUE OF SOUTHEASTERN CREDIT UNIONS	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3692 COOLIDGE COURT	AddressLine1Txt
City	TALLAHASSEE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32311	ZIPCd

Field	Value	IRS element (for citing)
Paid Internal Funds	$5,033	PaidInternalFundsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,266,200	OtherCostOrOtherBasisAmt
Book Value	$11,751,072	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$38,564,920	OtherCostOrOtherBasisAmt
Depreciation	$9,100,398	DepreciationAmt
Book Value	$30,692,728	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,534,179	OtherCostOrOtherBasisAmt
Depreciation	$1,307,654	DepreciationAmt
Book Value	$9,087	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,526,841	OtherCostOrOtherBasisAmt
Depreciation	$10,180,774	DepreciationAmt
Book Value	$1,568,878	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$44,021,765	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
Federal income taxes
SHARE DRAFTS	$152,079,346
SHARE AND EQUIVALENTS	$400,008,484
MONEY MARKET ACCOUNTS	$148,106,947
IRA SHARES	$34,996,858
SHARE AND IRA CERTIFICATES	$349,967,738

Field	Value	IRS element (for citing)
Total Liability	$1,085,159,373	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$51,044,310	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$51,044,310	RevenueSubtotalAmt
Total Revenue Per Form990	$51,044,310	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$41,496,469	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$41,496,469	ExpensesSubtotalAmt
Total Expenses Per Form990	$41,496,469	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	X 2	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE LAWS. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN THE INTERNAL REVENUE CODE IRC SECTION 501C14. AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON UNRELATED BUSINESS INCOME UBI DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE IRS RELEASED TECHNNICAL ADVICE MEMORANDUMS TAMs TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX UBIT. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNIONS ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITON OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2013, 2012, AND 2011 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount
RL SCOTT
PRESIDENT	$327,861	$4,766	$27,583	$18,783	$378,993
J BENTON
PRESIDENT/CEO	$291,784	$2,580	$82,113	$19,829	$447,956	$51,650
G WATERS
CSO	$201,952	$5,039	$55,652	$15,521	$311,814	$33,650
J THACKREY
CTO	$155,324	$4,879	$51,246	$18,175	$263,274	$33,650
F HILTON
FINANCIAL ADVISOR	$119,192	$2,120	$15,898	$18,014	$189,826	$34,602
J HUNT
CFO	$176,392	$1,373	$52,595	$3,704	$267,714	$33,650
G HAMLETT
GENERAL COUNSEL	$130,789	$826	$41,063	$17,791	$224,119	$33,650
J HARPER
VP OF HR	$148,249	$5,168	$50,357	$8,835	$246,259	$33,650
D BARBER
COMMERCIAL LOAN MANAGER	$117,454	$1,354	$12,937	$17,609	$154,946	$5,592
JA THIEMAN
COO	$59,695	$56,343	$19,051	$4,824	$150,413	$10,500
CR MALPHURS
FINANCIAL ADVISOR	$156,485	$1,145	$17,736	$7,784	$205,149	$21,999

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I Line 4b	FormAndLineReferenceDesc
Explanation	THE FOLLOWING EXECUTIVES PARTICIPATED IN THE 457F PLAN J. BENTON 365,830 G. HAMLETT 282,630 J. HARPER 312,486 J. HUNT 40,443 J. THACKREY 313,267 J. THIEMAN 10,500 G. WATERS 252,878.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 B, Line 11A	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 VP OR 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 CONFLICT OF INTEREST POLICY GOVERNS THE ACTIONS OF DIRECTORS, AUDIT COMMITTEE MEMBERS, ANY OTHER UNPAID MEMBER VOLUNTEERS AND ALL SENIOR MANAGERS OF THE CREDIT UNION. THE POLICY, WHICH IS EXPLICIT IN DETAILING ACTIONS CONSIDERED TO BE CONFLICTS OF INTEREST, IS REVIEWED WITH THE COVERED INDIVIDUALS ANNUALLY. IN ADDITION, EACH COVERED INDIVIDUAL IS ANNUALLY REQUIRED TO COMPLETE AND SIGN A STATEMENT DETAILING ANY POTENTIAL CONFLICTS OF INTEREST OR ANY ACTIONS TAKEN THAT FALL UNDER THE CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE CHAIR WHO MAKES A FORMAL REPORT TO THE BOARD OF DIRECTORS. COVERED INDIVIDUALS ARE INSTRUCTED TO DISCUSS ANY POTENTIAL CONFLICTS WITH THE PRESIDENT/CEO OR THE COMPLIANCE OFFICER BEFORE ENTERING INTO ANY ARRANGEMENT THAT COULD BE A POTENTIAL CONFLICT. THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL ON A CASE-BY-CASE BASIS. ANY POTENTIAL CONFLICT INVOLVING THE AUDIT COMMITTEE CHAIR REQUIRES WRITTEN APPROVAL BY THE BOARD OF DIRECTORS CHAIR. THE CREDIT UNION HAS ALWAYS MAINTAINED THE POLICY THAT ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THE SUBJECT MATTER IN QUESTION.
Form 990, Part VI, Section B, Line 15AB	THE REVIEW OF THE CEOS COMPENSATION IS DONE ANNUALLY BY THE BOARD OF DIRECTORS BOD. THE BOD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AND EACH MEMBER DOES AN INDIVIDUAL REVIEW TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER SENIOR MANAGEMENT, THE CEO USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AS WELL AS AN INTERNAL INDEPENDENT SALARY ADMINISTRATION SYSTEM TO DETERMINE THEIR COMPENSATION.
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 UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING.
Form 990, Part VI, Section A, Line 7B	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODYS 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 XI, Line 9	RECLASSIFICATION ADJUSTMENT FOR GAINS FROM THE SALE OF AVAILABLE-FOR-SALE INVESTMENTS INCLUDED IN NET INCOME OF 166,608 AND NET PENSION LOSSES OF 5,198,232.