STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0637646)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-07-25
IRS object ID: 201312069349300911
Schema version: 2012v2.2
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)
Timestamp	2013-07-25T06:20:33-00:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	590637646	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CAMPUS USA CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CAMP	NameControl
Phone	3523359090	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 147029	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32614	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JERRY BENTON	Name
Title	COO	Title
Phone	3523359090	Phone
Date Signed	2013-07-24	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2013-07-25	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	LARRY SCOTT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1
City	JONESVILLE	City
State	FL	State
ZIP Code	32669	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	51734588	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	www.campuscu.com	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1935	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	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.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	266	TotalNbrEmployees
Total Nbr Volunteers	8	TotalNbrVolunteers
Total Gross UBI	837811	TotalGrossUBI
Net Unrelated Business Txbl Income	64138	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	47303578	ProgramServiceRevenuePriorYear
Program Service Revenue CY	44780816	ProgramServiceRevenueCY
Investment Income Prior Year	5118073	InvestmentIncomePriorYear
Investment Income Current Year	3414937	InvestmentIncomeCurrentYear
Other Revenue Prior Year	948745	OtherRevenuePriorYear
Other Revenue Current Year	957801	OtherRevenueCurrentYear
Total Revenue Prior Year	53370396	TotalRevenuePriorYear
Total Revenue Current Year	49153554	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	14428498	SalariesEtcPriorYear
Salaries Etc Current Year	17158533	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	29286534	OtherExpensePriorYear
Other Expenses Current Year	24698892	OtherExpensesCurrentYear
Total Expenses Prior Year	43715032	TotalExpensesPriorYear
Total Expenses Current Year	41857425	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	9655364	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	7296129	RevenuesLessExpensesCY
Total Assets BOY	1080638613	TotalAssetsBOY
Total Assets EOY	1104461677	TotalAssetsEOY
Total Liabilities BOY	948327902	TotalLiabilitiesBOY
Total Liabilities EOY	962993077	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	132310711	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	141468600	NetAssetsOrFundBalancesEOY
Mission Description	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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	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.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	true	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	20920	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	266	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	LARRY SCOTT	NamePerson
Telephone Number	3523359090	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1
City	JONESVILLE	City
State	FL	State
ZIP Code	32669	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
RL SCOTT
PRESIDENT	040.00	040.00	X	X	523172	0	740876
DR P WELCH
DIRECTOR	002.50	002.50	X		0	0	0
J BENNET
DIRECTOR	002.50	002.50	X		0	0	0
W WILLIAMS
DIRECTOR	002.50	002.50	X		0	0	0
K BURKETT
COMMITTEE	002.50	002.50	X		0	0	0
R RIVERS
DIRECTOR	002.50	002.50	X		0	0	0
P HINSON
DIRECTOR	002.50	002.50	X		0	0	0
J HUTTO
DIRECTOR	002.50	002.50	X		0	0	0
R PUCKETT
DIRECTOR	002.50	002.50	X		0	0	0
M WALDORFF
DIRECTOR	002.50	002.50	X		0	0	0
T STUDLEY
CFO	040.00	040.00		X	211831	0	64378
J BENTON
COO	040.00	040.00			216575	0	60644	X
G WATERS
CSO	040.00	040.00			217460	0	60952	X
J THACKREY
CTO	040.00	040.00			181755	0	60647	X
R WISE
QC DIRECTOR	040.00	040.00			168615	0	51560	X
F HILTON
INVESTMENT ADVISOR	040.00	040.00			185757	0	33244	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1705165	TotalReportableCompFromOrg
Total Other Compensation	1072301	TotalOtherCompensation
Number Individuals GT100 K	11	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
PRINCIPAL MUTUAL LIFE INS CO
PO BOX 9394	DES MOINES	IA	50306	PENSION/401K PLANS	2020201
AAA AUTO CLUB SOUTH INC
800 SECOND AVE SOUTH SUITE 210	ST PETERSBURG	FL	33701	INDIRECT LOAN PREMIUMS	677176
SCHERER CONSTRUCTION
2504 NW 71 PLACE	GAINESVILLE	FL	32653	CONSTRUCTION	663727
FISERV
75 REMITTANCE DRIVE SUITE 6962	CHICAGO	IL	60675	CORE SOFTWARE MAINTENANCE	612790
ADVANCED SYSTEMS INC
11 SW 1 STREET	WILLISTON	FL	32696	BANK EQUIPMENT MAINTENANCE	529293

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	33	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
INTEREST ON LOANS	522100	35299357	35299357
FEES/CHARGES	522100	8643648	8643648
SECURITY SALES	523000	759254		759254
MBI	524298	14245		14245
NON-MEMBER ATM FEES	522200	64312		64312

Field	Value	IRS element (for citing)
Total Program Service Revenue	44780816	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3693948	TotalRevenueColumn
Related Or Exempt Function Income	3693948	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	2302023	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	2581034	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-279011	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-279011	TotalRevenueColumn
Related Or Exempt Function Income	-279011	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	957801	TotalRevenueColumn
Related Or Exempt Function Income	957801	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	957801	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	49153554	TotalRevenueColumn
Related Or Exempt Function Income	48315743	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	837811	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1540257	Total
Program Services	1540257	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10052872	Total
Program Services	10052872	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	2848271	Total
Program Services	2848271	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1850748	Total
Program Services	1850748	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	866385	Total
Program Services	866385	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	8417	Total
Program Services	8417	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	671188	Total
Program Services	671188	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

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

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	81313	Total
Program Services	81313	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1533453	Total
Program Services	1533453	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2464280	Total
Program Services	2464280	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2081692	Total
Program Services	2081692	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	6672390	Total
Program Services	6672390	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2737956	Total
Program Services	2737956	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	282013	Total
Program Services	282013	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	8166190	Total
Program Services	8166190	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	41857425	Total
Program Services	41857425	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	64832561	BOY
EOY	80608100	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	51187118	BOY
EOY	30613378	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3643235	BOY
EOY	2969625	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	662468173	BOY
EOY	698469660	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	539647	BOY
EOY	953416	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	61217210	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	16434765	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	44769784	BOY
EOY	44782445	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	225331595	BOY
EOY	215870064	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	13853756	BOY
EOY	15540585	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	14012744	BOY
EOY	14654404	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1080638613	BOY
EOY	1104461677	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	12504857	BOY
EOY	14413395	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	10500000	BOY
EOY	4500000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	925323045	BOY
EOY	944079682	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	948327902	BOY
EOY	962993077	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	132310711	BOY
EOY	141468600	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	132310711	BOY
EOY	141468600	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1080638613	BOY
EOY	1104461677	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	7296129	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	-504923	ReconciliationUnrealizedInvest
Reconcilation Other Changes	2366683	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	4323	PoliticalExpenditures
Amt Expended For527 Activities	4323	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	4323	TotalExmptFunctionExpenditures
Form1120 Pol Filed	true	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs

Name Of527 Organization NameOf527Organization

Field	Value	IRS element (for citing)
Business Name Line1	FLORIDA CREDIT UNION POLITICAL ACTION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3773 COMMONWEALTH BLVD	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32303	ZIPCode

Field	Value	IRS element (for citing)
EIN	590246163	EIN
Amt Pd From Internal Funds	4323	AmtPdFromInternalFunds

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	12127163	OtherCostOrOtherBasis
Book Value	11515751	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	36070770	OtherCostOrOtherBasis
Depreciation	5982946	Depreciation
Book Value	30087824	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1786945	OtherCostOrOtherBasis
Depreciation	1663667	Depreciation
Book Value	123278	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11232332	OtherCostOrOtherBasis
Depreciation	8176740	Depreciation
Book Value	3055592	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	44782445	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

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

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
Federal income taxes
SHARE DRAFTS	$134,597,633
SHARE AND EQUIVALENTS	$342,529,908
MONEY MARKET ACCOUNTS	$144,506,789
IRA SHARES	$32,641,034
SHARE AND IRA CERTIFICATES	$289,804,318

Field	Value	IRS element (for citing)
Total Of Amounts	944079682	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	49432565	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	49432565	RevenueSubtotal
Other Revenues Not Included	-279011	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-279011	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	49153554	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	42136436	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	279011	OtherExpensesIncluded
Expenses Not Rptd F990	279011	ExpensesNotRptdF990
Expenses Subtotal	41857425	ExpensesSubtotal
Total Expenses Per Form990	41857425	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	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 50414. 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. BEGINNIGN 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 2011, 2010, AND 2009 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.
XI	4B	LOSS ON SALE OF OREO INLCUDED ON FORM 990 PART VIII AS A REDUCTION TO REVENUE. LOSS ON SALE OREO IS ALLOCATED TO NON-INTEREST EXPENSE IN THE AUDITED STATEMENT OF INCOME.
XI	2D	LOSS ON SALE OREO IS ALLOCATED TO NON-INTEREST EXPENSE IN THE AUDITED STATEMENT OF INCOME. ON THE FORM 990, THE LOSS ON SALE OF OREO IS A REDUCTION OF INCOME IN PART VIII.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
RL SCOTT
PRESIDENT	400486	103000	19686	725000	15876	1264048
J BENTON
COO	187517	27900	1158	48384	12260	277219
G WATERS
CSO	184882	27900	4678	47497	13455	278412
T STUDLEY
CFO	179850	27900	4081	48384	15994	276209
J THACKREY
CTO	148973	29400	3382	44898	15749	242402
R WISE
QC DIRECTOR	137332	27900	3383	42984	8576	220175
F HILTON
INVESTMENT ADVISOR	168472	16751	534	17863	15381	219001

Form990 Schedule J Part III Form990ScheduleJPartIII (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
I	4B	SEVERAL EMPLOYEES PARTICIPATE IN A DEFERRED COMPENSATION PLAN 457F. THE PARTICIPANTS AND THE CORRESPONDING BALANCE AS OF DECEMBER 31, 2012 OF DEFERRED COMPENSATION IS LISTED BELOW
I	B	L. SCOTT 700,000
I	4B	J. BENTON 26,400
I	4B	G. WATERS 26,400
I	4B	T. STUDLEY 26,400
I	4B	J. THACKREY 26,400
I	4B	WISE 26,400
I	4B	HAMLETT 26,400
I	4B	HARPER 26,400

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

ExplanationExplanation
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 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 CONFLICTS 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 12C continued 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 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 XI Line 9 NET PENSION GAINS
Form 990 Part VI Section B Line 15 A B 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.