GEORGIA'S OWN CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA'S OWN CREDIT UNION (EIN 58-0147128)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-25
- IRS object ID
- 201322069349300227
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-07-25T10:38:50-05:00 | 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 | SANTI & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3970 OLD MILTON PKWY STE 200 | AddressLine1 |
| City | ALPHARETTA | City |
| State | GA | State |
| ZIP Code | 30005 | 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 | 580147128 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA'S OWN CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 4048741166 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID A PRETER | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 4048741166 | Phone |
| Date Signed | 2013-07-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER A SANTI CPA | Name |
| Phone | 7706234440 | 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) |
|---|---|---|
| Gross Receipts | 86385484 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.GEORGIASOWN.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE THRIFT SAVING/BORROWING TO MEMBER-OWNED COOPERATIVE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 476 | TotalNbrEmployees |
| Total Gross UBI | 1652741 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -835232 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 84856068 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 84732743 | ProgramServiceRevenueCY |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1227393 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1652741 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 86083461 | TotalRevenuePriorYear |
| Total Revenue Current Year | 86385484 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 18500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24499613 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 28226672 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 53728615 | OtherExpensePriorYear |
| Other Expenses Current Year | 51874273 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 78243228 | TotalExpensesPriorYear |
| Total Expenses Current Year | 80119445 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7840233 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6266039 | RevenuesLessExpensesCY |
| Total Assets BOY | 1663262419 | TotalAssetsBOY |
| Total Assets EOY | 1728837789 | TotalAssetsEOY |
| Total Liabilities BOY | 1496819732 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1555867888 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 166442687 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 172969901 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE THRIFT SAVING/BORROWING TO MEMBER-OWNED COOPERATIVE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 77631472 | Expense |
| Grants | 18500 | Grants |
| Revenue | 84732743 | Revenue |
| Description | PROVIDED THRIFT SAVINGS/BORROWINGS TO 172,666 MEMBERS. | Description |
| Total Program Service Expense | 77631472 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| 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 | false | 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 | true | 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 | true | 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 |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 108 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 476 | 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 | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | 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 | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| 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 |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA'S OWN CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4048812158 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DAVID PRETER | |||||||
| PRES/CEO | 40.00 | X | X | 477254 | 0 | 43520 | |
| JOSEPH M MAURIELLO | |||||||
| DIRECTOR | 1.00 | X | 7300 | 0 | 0 | ||
| WILLIAM E CONINE | |||||||
| DIRECTOR | 1.00 | X | 6500 | 0 | 0 | ||
| MICHAEL W BAUMGARTNER | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| PATRICK H CASEY | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| JAMES L FOWLER | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| JOAN K SIMS | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| ERVIN M WALKER | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| RICHARD E BURNS | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| GARY M LUDGOOD | |||||||
| DIRECTOR | 1.00 | X | 6100 | 0 | 0 | ||
| DAVID DICKEY | |||||||
| DIRECTOR | 1.00 | X | 4600 | 0 | 0 | ||
| JOHN B WHITE JR | |||||||
| DIRECTOR | 1.00 | X | 4600 | 0 | 0 | ||
| C EDWARD HEATH | |||||||
| DIRECTOR | 1.00 | X | 2000 | 0 | 0 | ||
| DENNIS W FOX | |||||||
| DIRECTOR | 1.00 | X | 200 | 0 | 0 | ||
| DWIGHT AUSTION | |||||||
| DIRECTOR | 1.00 | X | 200 | 0 | 0 | ||
| WILLIAM LUSK | |||||||
| COO | 40.00 | X | 304254 | 0 | 31188 | ||
| JOHN CAREW III | |||||||
| SVP STRATEGY | 40.00 | X | 275067 | 0 | 35378 | ||
| KELLY M GARMON | |||||||
| CMO | 40.00 | X | 251254 | 0 | 34999 | ||
| ERIC BROOME | |||||||
| SVP ERM/GEN | 40.00 | X | 187004 | 0 | 21905 | ||
| CINDY BOYLES | |||||||
| SVP ORG DEV | 40.00 | X | 187004 | 0 | 27437 | ||
| BONNIE J KIMMEY | |||||||
| SVP LENDING | 40.00 | X | 174254 | 0 | 93888 | ||
| JOEL HERRON | |||||||
| PROJECT MGMT | 40.00 | 139004 | 0 | 14676 | X | ||
| KEITH A ECK | |||||||
| AVP ACCOUNTI | 40.00 | 138359 | 0 | 18636 | X | ||
| HAL F ALLEN | |||||||
| INTERNAL AUD | 40.00 | 117397 | 0 | 45838 | X | ||
| MADELINE STRACHAN | |||||||
| AVP MTG SVCS | 40.00 | 109568 | 0 | 11629 | X | ||
| RICHARD ELLIS | |||||||
| AVP COMPL/FR | 40.00 | 105617 | 0 | 14954 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2534136 | TotalReportableCompFromOrg |
| Total Other Compensation | 394048 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | 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 |
|---|---|---|---|---|---|
| MACEY WILENSKY KESSLER & HENNINGS | |||||
| 230 PEACHTREE ST NW STE 2700 | ATLANTA | GA | 303031561 | LEGAL | 348578 |
| QVERSAL FINANCIAL SOLUTIONS LLC | |||||
| 1504 E WALNUT | SPRINGFIELD | MO | 65802 | CONSULTING SVC | 221859 |
| NEXT STEP INTERNATIONAL INC | |||||
| 4630 S KIRKMAN RD 612 | ORLANDO | FL | 32811 | CONSULTING SVC | 172932 |
| DAWN G SIRRAS | |||||
| 2460 BUTE CLIFF TRACE | CUMMING | GA | 30041 | CONSULTING SVC | 165157 |
| SANTI & ASSOCIATES PC | |||||
| 3970 OLD MILTON PKWY STE 200 | ALPHARETTA | GA | 30005 | ACCOUNTING SVC | 122751 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| INTEREST ON LOANS | 56109318 | 56109318 |
| CHECKING SERVICES INCOME | 11003111 | 11003111 |
| VISA DEBIT CARD INCOME | 6080276 | 6080276 |
| INTEREST ON INVESTMENTS | 4230386 | 4230386 |
| VISA CREDIT CARD INCOME | 2992637 | 2992637 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4317015 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4317015 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 84732743 | TotalProgramServiceRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| SHARED SERVICE CENTERS | 525990 | 833230 | 833230 |
| NON-MEMBER USE OF ATM | 525990 | 644843 | 644843 |
| AUTO WARRANTY SALES | 525990 | 174668 | 174668 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1652741 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 86385484 | TotalRevenueColumn |
| Related Or Exempt Function Income | 84732743 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1652741 | UnrelatedBusinessRevenue |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18500 | Total |
| Program Services | 18500 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1924191 | Total |
| Program Services | 1924191 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17109720 | Total |
| Program Services | 16344129 | ProgramServices |
| Management And General | 765591 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5400876 | Total |
| Program Services | 5400876 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2337089 | Total |
| Program Services | 2246687 | ProgramServices |
| Management And General | 90402 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1454796 | Total |
| Program Services | 1454796 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7963776 | Total |
| Program Services | 6593862 | ProgramServices |
| Management And General | 1369914 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 282447 | Total |
| Program Services | 275397 | ProgramServices |
| Management And General | 7050 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216518 | Total |
| Program Services | 216518 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4449725 | Total |
| Program Services | 4425831 | ProgramServices |
| Management And General | 23894 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5697887 | Total |
| Program Services | 5632090 | ProgramServices |
| Management And General | 65797 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4494418 | Total |
| Program Services | 4349694 | ProgramServices |
| Management And General | 144724 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7829930 | Total |
| Program Services | 7829930 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1648176 | Total |
| Program Services | 1648176 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| PROVISION FOR LOAN LOSSES | 10200000 | 10200000 |
| LOAN SERVICING | 5647650 | 5647650 |
| CORP CU STABILIZATION | 1438527 | 1438527 |
| OPERATIONAL & FRAUD LOSS | 1108185 | 1108185 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 897034 | Total |
| Program Services | 876433 | ProgramServices |
| Management And General | 20601 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80119445 | Total |
| Program Services | 77631472 | ProgramServices |
| Management And General | 2487973 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210301446 | BOY |
| EOY | 177609899 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1105871548 | BOY |
| EOY | 1202007594 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2000000 | BOY |
| EOY | 2000000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32133305 | BOY |
| EOY | 24721994 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 26326915 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9868267 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16110407 | BOY |
| EOY | 16458648 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 277936562 | BOY |
| EOY | 286316990 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18909151 | BOY |
| EOY | 19722664 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1663262419 | BOY |
| EOY | 1728837789 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1496819732 | BOY |
| EOY | 1555867888 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1496819732 | BOY |
| EOY | 1555867888 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137219977 | BOY |
| EOY | 143747191 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29222710 | BOY |
| EOY | 29222710 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 166442687 | BOY |
| EOY | 172969901 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1663262419 | BOY |
| EOY | 1728837789 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 6266039 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 261175 | 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 D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5500389 | OtherCostOrOtherBasis |
| Book Value | 5500389 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7550298 | OtherCostOrOtherBasis |
| Depreciation | 1109796 | Depreciation |
| Book Value | 6440502 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2054516 | OtherCostOrOtherBasis |
| Depreciation | 1550491 | Depreciation |
| Book Value | 504025 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4915470 | OtherCostOrOtherBasis |
| Depreciation | 3690329 | Depreciation |
| Book Value | 1225141 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6306242 | OtherCostOrOtherBasis |
| Depreciation | 3517651 | Depreciation |
| Book Value | 2788591 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16458648 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBERS' ACCTS - CKING, MMA, SAVINGS | $1,010,934,660 |
| MEMBERS' ACCTS - CERTIFICATES & IRAS | $523,104,235 |
| OTHER LIABILITIES | $21,818,956 |
| ACCRUED INTEREST PAYABLE | $10,037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1555867888 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 86385484 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 86385484 | RevenueSubtotal |
| Total Revenue Per Form990 | 86385484 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 80119445 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 80119445 | ExpensesSubtotal |
| Total Expenses Per Form990 | 80119445 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIPS | 1 | 5000 |
| SCHOLARSHIPS | 1 | 3000 |
| SCHOLARSHIPS | 1 | 2000 |
| SCHOLARSHIPS | 5 | 5000 |
| SCHOLARSHIPS | 2 | 3500 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (10 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 |
|---|---|---|---|---|---|---|
| DAVID PRETER | ||||||
| PRESCEO | 397000 | 80000 | 254 | 21553 | 21967 | 520774 |
| WILLIAM LUSK | ||||||
| COO | 275000 | 29000 | 254 | 17361 | 13827 | 335442 |
| JOHN CAREW III | ||||||
| SVP STRATEGY | 246313 | 28500 | 254 | 14421 | 20957 | 310445 |
| KELLY M GARMON | ||||||
| CMO | 220000 | 25000 | 6254 | 14998 | 20001 | 286253 |
| ERIC BROOME | ||||||
| SVP ERMGEN COUNSEL | 168750 | 18000 | 254 | 14522 | 7383 | 208909 |
| CINDY BOYLES | ||||||
| SVP ORG DEV | 168750 | 18000 | 254 | 13828 | 13609 | 214441 |
| BONNIE J KIMMEY | ||||||
| SVP LENDING | 159000 | 15000 | 254 | 72531 | 21357 | 268142 |
| JOEL HERRON | ||||||
| PROJECT MGMT OFFICER | 128750 | 10000 | 254 | 7931 | 6745 | 153680 |
| KEITH A ECK | ||||||
| AVP ACCOUNTING | 130605 | 7500 | 254 | 11639 | 6997 | 156995 |
| HAL F ALLEN | ||||||
| INTERNAL AUDITOR | 112132 | 5000 | 265 | 30378 | 15460 | 163235 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS | Identifier |
| Return Reference | SCHEDULE J, PAGE 1, PART I, LINE 4 | ReturnReference |
| Explanation | DAVID PRETER 0 317,880 0 | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DICKEY BROADCASTING (DAVID DICKEY) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 554565 | AmountOfTransaction |
| Description Of Transaction | ADVERTISING | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | ORGANIZED WITH 172,666 MEMBERS |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | CURRENT MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | 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. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | 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. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED BY GOVERNING BODY. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | 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. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL PROCESS OF GOVERNING BODY. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 9 | POSTRETIREMENT BENEFIT ADJUSTMENT 1,644,634 NET CHANGE-UNREALIZED FMV ON INVESTMENTS 336,645 PENSION ADJUSTMENT -1,720,104 |
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