GEORGIA'S OWN CREDIT UNION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA'S OWN CREDIT UNION (EIN 58-0147128)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-07-03
- IRS object ID
- 201441849349300439
- Schema version
- 2013v3.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-07-03T13:50:46-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582019486 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANTI & ASSOCIATES PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4010 OLD MILTON PKWY STE 100 | AddressLine1 |
| City | ALPHARETTA | City |
| State | GA | State |
| ZIP Code | 300053423 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580147128 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA'S OWN CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GEOR | BusinessNameControlTxt |
| Phone | 4048741166 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 105205 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30348 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID A PRETER | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 4048741166 | PhoneNum |
| Signature | 2014-06-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROGER A SANTI CPA | PreparerPersonNm |
| PTIN | P00121054 | PTIN |
| Phone | 7706234440 | PhoneNum |
| Preparation | 2014-07-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $85,347,777 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.GEORGIASOWN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1943 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE THRIFT SAVING/BORROWING TO MEMBER-OWNED COOPERATIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 482 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $1,303,982 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$651,775 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $84,732,743 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $84,043,795 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,652,741 | PYOtherRevenueAmt |
| CY Other Revenue | $1,303,982 | CYOtherRevenueAmt |
| PY Total Revenue | $86,385,484 | PYTotalRevenueAmt |
| CY Total Revenue | $85,347,777 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,500 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,226,672 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $29,349,621 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $51,874,273 | PYOtherExpensesAmt |
| CY Other Expenses | $47,987,543 | CYOtherExpensesAmt |
| PY Total Expenses | $80,119,445 | PYTotalExpensesAmt |
| CY Total Expenses | $77,355,664 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,266,039 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,992,113 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,728,837,789 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,777,033,643 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,555,867,888 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,592,007,559 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $172,969,901 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $185,026,084 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE THRIFT SAVING/BORROWING TO MEMBER-OWNED COOPERATIVE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $75,399,907 | ExpenseAmt |
| Grant | $18,500 | GrantAmt |
| Revenue | $84,043,795 | RevenueAmt |
| Desc | PROVIDED THRIFT SAVINGS/BORROWINGS TO 175,508 MEMBERS. | Desc |
| Total Program Service Expenses | $75,399,907 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | 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 | false | 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 | Yes (true) | 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 | Yes (true) | 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 | 100 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 482 | 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 | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | 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 | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| 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 |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA'S OWN CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4048812158 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 105205 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30348 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID PRETER | ||||||||
| PRES/CEO & B | 40.00 | Yes (X) | Yes (X) | $536,338 | $0 | $389,940 | ||
| JOSEPH M MAURIELLO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $9,250 | $0 | $0 | |||
| WILLIAM E CONINE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $8,150 | $0 | $0 | |||
| DAVID DICKEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| MICHAEL W BAUMGARTNER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| PATRICK H CASEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| JAMES L FOWLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| JOAN K SIMS | ||||||||
| SECRETARY | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| ERVIN M WALKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| RICHARD E BURNS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| GARY M LUDGOOD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $7,750 | $0 | $0 | |||
| JOHN B WHITE JR | ||||||||
| DIRECTOR EME | 1.00 | Yes (X) | $5,850 | $0 | $0 | |||
| C EDWARD HEATH | ||||||||
| DIRECTOR EME | 1.00 | Yes (X) | $750 | $0 | $0 | |||
| DWIGHT AUSTION | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $300 | $0 | $0 | |||
| DENNIS W FOX | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $200 | $0 | $0 | |||
| WILLIAM LUSK | ||||||||
| COO | 40.00 | Yes (X) | $327,747 | $0 | $46,484 | |||
| JOHN CAREW III | ||||||||
| SVP STRATEGY | 40.00 | Yes (X) | $295,256 | $0 | $53,814 | |||
| KELLY M GARMON | ||||||||
| CMO | 40.00 | Yes (X) | $276,312 | $0 | $37,799 | |||
| BONNIE J KIMMEY | ||||||||
| SVP LENDING | 40.00 | Yes (X) | $214,550 | $0 | $180,984 | |||
| ERIC BROOME | ||||||||
| SVP ERM/GEN | 40.00 | Yes (X) | $208,067 | $0 | $26,474 | |||
| CINDY BOYLES | ||||||||
| SVP ORG DEV | 40.00 | Yes (X) | $206,754 | $0 | $28,446 | |||
| LORENZO BROWN | ||||||||
| VP OF IS & P | 40.00 | $165,254 | $0 | $28,108 | Yes (X) | |||
| MICHAEL STONE | ||||||||
| PRIN SYNDIC | 40.00 | $120,271 | $0 | $28,154 | Yes (X) | |||
| GREG COOK | ||||||||
| PRODUCT MGR | 40.00 | $110,521 | $0 | $13,976 | Yes (X) | |||
| JULIA LAUER | ||||||||
| PRODUCT MGR | 40.00 | $109,846 | $0 | $23,708 | Yes (X) | |||
| RICHARD ELLIS | ||||||||
| AVP COMPL/FR | 40.00 | $109,574 | $0 | $20,419 | Yes (X) | |||
| J BRAD BOLLIER | ||||||||
| AVP BS LENDI | 40.00 | $105,920 | $0 | $18,784 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,872,910 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $897,090 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MACEY WILENSKY KESSLER & HENNINGS | |||||
| 230 PEACHTREE ST NW STE 2700 | ATLANTA | GA | 303031561 | LEGAL | $288,790 |
| ALM FIRST FINANCIAL ADVISORS LLC | |||||
| 2911 TURTLE CREEK BLVD STE 500 | DALLAS | TX | 75219 | CONSULTING SVC | $238,329 |
| THE EMMERICH GROUP INC | |||||
| 8050 WASHINGTON AVE S STE 100 | EDEN PRAIRIE | MN | 55344 | CONSULTING SVC | $225,012 |
| DAWN G SIRRAS | |||||
| 2460 BUTE CLIFF TRACE | CUMMING | GA | 30041 | CONSULTING SVC | $166,495 |
| QVERSAL FINANCIAL SOLUTIONS LLC | |||||
| 1504 E WALNUT | SPRINGFIELD | MO | 65802 | CONSULTING SVC | $150,449 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| INTEREST ON LOANS | $54,787,244 | $54,787,244 |
| CHECKING SERVICES INCOME | $10,558,933 | $10,558,933 |
| VISA DEBIT CARD INCOME | $7,160,414 | $7,160,414 |
| VISA CREDIT CARD INCOME | $3,272,361 | $3,272,361 |
| INTEREST ON INVESTMENTS | $2,901,803 | $2,901,803 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,363,040 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,363,040 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $84,043,795 | TotalProgramServiceRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| SHARED SERVICE CENTERS | 525990 | $850,034 | $850,034 |
| MECHANICAL REPAIR CONTRACTS | 525990 | $271,296 | $271,296 |
| NON-MEMBER USE OF ATM | 525990 | $182,652 | $182,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,303,982 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85,347,777 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $84,043,795 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,303,982 | UnrelatedBusinessRevenueAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,500 | TotalAmt |
| Program Services | $18,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,316,777 | TotalAmt |
| Program Services | $2,316,777 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,347,202 | TotalAmt |
| Program Services | $17,239,691 | ProgramServicesAmt |
| Management And General | $1,107,511 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,484,974 | TotalAmt |
| Program Services | $4,484,974 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,637,730 | TotalAmt |
| Program Services | $2,170,670 | ProgramServicesAmt |
| Management And General | $467,060 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,562,938 | TotalAmt |
| Program Services | $1,562,938 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,746,273 | TotalAmt |
| Program Services | $7,746,273 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,068 | TotalAmt |
| Program Services | $131,068 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,908 | TotalAmt |
| Program Services | $286,908 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,768,662 | TotalAmt |
| Program Services | $4,760,504 | ProgramServicesAmt |
| Management And General | $8,158 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,492,239 | TotalAmt |
| Program Services | $5,436,462 | ProgramServicesAmt |
| Management And General | $55,777 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,287,260 | TotalAmt |
| Program Services | $4,143,606 | ProgramServicesAmt |
| Management And General | $143,654 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,113,290 | TotalAmt |
| Program Services | $6,113,290 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,651,859 | TotalAmt |
| Program Services | $1,651,859 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROVISION FOR LOAN LOSSES | $9,000,000 | $9,000,000 | |
| LOAN SERVICING | $5,748,829 | $5,748,829 | |
| NCUSIF MEMBER PROTECTION | $1,237,556 | $1,196,883 | $40,673 |
| OPERATIONAL & FRAUD LOSS | $586,102 | $586,102 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $937,497 | TotalAmt |
| Program Services | $804,573 | ProgramServicesAmt |
| Management And General | $132,924 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,355,664 | TotalAmt |
| Program Services | $75,399,907 | ProgramServicesAmt |
| Management And General | $1,955,757 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,609,899 | BOYAmt |
| EOY | $201,875,601 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,202,007,594 | BOYAmt |
| EOY | $1,349,673,130 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $2,000,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,721,994 | BOYAmt |
| EOY | $40,829,038 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,336,475 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,308,370 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,458,648 | BOYAmt |
| EOY | $16,028,105 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,316,990 | BOYAmt |
| EOY | $146,993,521 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,722,664 | BOYAmt |
| EOY | $19,634,248 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,728,837,789 | BOYAmt |
| EOY | $1,777,033,643 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,555,867,888 | BOYAmt |
| EOY | $1,592,007,559 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,555,867,888 | BOYAmt |
| EOY | $1,592,007,559 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,747,191 | BOYAmt |
| EOY | $155,803,374 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,222,710 | BOYAmt |
| EOY | $29,222,710 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,969,901 | BOYAmt |
| EOY | $185,026,084 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,728,837,789 | BOYAmt |
| EOY | $1,777,033,643 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,992,113 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $4,064,070 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,499,015 | OtherCostOrOtherBasisAmt |
| Book Value | $5,499,015 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,625,150 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,322,229 | DepreciationAmt |
| Book Value | $6,302,921 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,458,385 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,774,389 | DepreciationAmt |
| Book Value | $683,996 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,341,740 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,188,743 | DepreciationAmt |
| Book Value | $1,152,997 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,412,185 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,023,009 | DepreciationAmt |
| Book Value | $2,389,176 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,028,105 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| MEMBERS' ACCTS - CKING, MMA, SAVINGS | $1,089,067,521 |
| MEMBERS' ACCTS - CERTIFICATES & IRAS | $480,629,641 |
| OTHER LIABILITIES | $22,303,873 |
| ACCRUED INTEREST PAYABLE | $6,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,592,007,559 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $85,347,777 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $85,347,777 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $85,347,777 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $77,355,664 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $77,355,664 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $77,355,664 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 10 | RecipientCnt |
| Cash Grant | $18,500 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| DAVID PRETER | ||||||
| PRES/CEO & BOARD MBR | $432,100 | $100,359 | $3,879 | $362,002 | $27,938 | $926,278 |
| WILLIAM LUSK | ||||||
| COO | $286,241 | $41,500 | $6 | $26,556 | $19,928 | $374,231 |
| JOHN CAREW III | ||||||
| SVP STRATEGY | $257,500 | $37,750 | $6 | $26,756 | $27,058 | $349,070 |
| KELLY M GARMON | ||||||
| CMO | $236,306 | $34,000 | $6,006 | $17,597 | $20,202 | $314,111 |
| BONNIE J KIMMEY | ||||||
| SVP LENDING | $166,556 | $26,034 | $21,960 | $159,354 | $21,630 | $395,534 |
| ERIC BROOME | ||||||
| SVP ERM/GEN COUNSEL | $181,563 | $26,500 | $4 | $18,965 | $7,509 | $234,541 |
| CINDY BOYLES | ||||||
| SVP ORG DEV | $180,250 | $26,500 | $4 | $14,547 | $13,899 | $235,200 |
| LORENZO BROWN | ||||||
| VP OF IS & PMO | $160,000 | $5,250 | $4 | $20,741 | $7,367 | $193,362 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 1B | THERE IS NO WRITTEN, BOARD APPROVED, POLICY COVERING THESE ITEMS. THE HEALTH/SOCIAL CLUB DUES PAID FOR CEO/PRESIDENT ARE ADDRESSED IN HIS EMPLOYMENT CONTRACT (SIGNED BY THE BOARD) AND THE PAYMENT OF DIRECTOR COMPANION TRAVEL IS REPORTED/APPROVED BY THE BOARD BUT IS NOT ADDRESSED IN A POLICY. |
| SCHEDULE J, PAGE 1, PART I, LINE 4 | DAVID PRETER 0 335,363 0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| DICKEY BROADCASTING | |||
| BOARD MEMBER | $707,656 | ADVERTISING | false |
| CUMULUS MEDIA | |||
| STOCKHOLDER | $469,342 | ADVERTISING | false |
| DM LUXURY | |||
| STOCKHOLDER | $210,580 | ADVERTISING | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | ORGANIZED WITH 175,508 MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | CURRENT MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PAGE 6, PART VI, LINE 7B | DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL OF MEMBERS. THESE DECISIONS MAY ALSO BE SUBJECT TO SCRUTINY BY VARIOUS GOVERNMENTAL AGENCIES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE CREDIT UNION'S CHIEF OPERATING OFFICER AFTER BEING PREPARED BY THE CPA FIRM. |
| FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED BY GOVERNING BODY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION OF CEO, EXEC DIRECTOR AND TOP MANAGEMENT IS SUBJECT TO REVIEW AND APPROVAL PROCESS OF GOVERNING BODY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL PROCESS OF GOVERNING BODY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | POSTRETIREMENT BENEFIT ADJUSTMENT 1,836,019 NET CHANGE-UNREALIZED FMV ON INVESTMENTS -1,229,269 PENSION ADJUSTMENT 3,457,320 |
Comments