DELTA COMMUNITY CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- DELTA COMMUNITY CREDIT UNION (EIN 58-0904765)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-12
- IRS object ID
- 201322249349302247
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-12T16:42:00-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580904765 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELTA COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DELT | NameControl |
| Phone | 4047154725 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VIRGINIA AVENUE | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30354 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAY GRATWICK | Name |
| Title | CFO | Title |
| Phone | 4047154725 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELTA COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAY GRATWICK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VIRGINIA AVENUE | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30354 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 194635281 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | true | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | WWW.DELTACOMMUNITYCU.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | HELP 271110 MEMBERS REACH A LEVEL OF FINANCIAL AWARENESS AND STABILITY THAT AFFORDS THEM THE PEACE OF MIND AND TIME TO ENJOY A RICHER LIFE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 669 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 180189004 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 183287774 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11547028 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11347507 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 191736032 | TotalRevenuePriorYear |
| Total Revenue Current Year | 194635281 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 230915 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 254933 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 48581203 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 53360913 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 178604943 | OtherExpensePriorYear |
| Other Expenses Current Year | 99309890 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 227417061 | TotalExpensesPriorYear |
| Total Expenses Current Year | 152925736 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -35681029 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 41709545 | RevenuesLessExpensesCY |
| Total Assets BOY | 4172710090 | TotalAssetsBOY |
| Total Assets EOY | 4365307483 | TotalAssetsEOY |
| Total Liabilities BOY | 3782567309 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3933826814 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 390142781 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 431480669 | NetAssetsOrFundBalancesEOY |
| Mission Description | HELP FAMILIES REACH A LEVEL OF FINANCIAL AWARENESS AND STABILITY THAT AFFORDS THEM THE PEACE OF MIND TO ENJOY A RICHER LIFE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Activity Code | 522130 | ActivityCode |
| Expense | 152925736 | Expense |
| Revenue | 194635281 | Revenue |
| Description | HELP 271110 MEMBERS REACH A LEVEL OF FINANCIAL AWARENESS AND STABILITY THAT AFFORDS THEM THE PEACE OF MIND AND TIME TO ENJOY A RICHER LIFE. | Description |
| Total Program Service Expense | 152925736 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | 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 | true | 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 | true | 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 | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| 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 | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 88755 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 669 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | 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 | true | 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 | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAY GRATWICK | NamePerson |
| Telephone Number | 4047154725 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VIRGINIA AVENUE | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30354 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| ALLISON AUSBAND | |||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | |||
| CHARLIE BOYAJIAN | |||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | |||
| WALTER BRILL | |||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | |||
| JIM DIFFLEY | |||||||
| CHAIRMAN | X | 0 | 0 | 0 | |||
| HANK HALTER | |||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | |||
| ESTHER HAMMOND | |||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | |||
| LINDA O'SHEA | |||||||
| VICE CHAIRMAN | X | 0 | 0 | 0 | |||
| ROBIN STRICKLIN | |||||||
| CHAIRMAN - CREDIT COMMITTEE | X | 0 | 0 | 0 | |||
| LEMUAL WIMBISH | |||||||
| SECRETARYTREASURER | X | 0 | 0 | 0 | |||
| RICK FOLEY | |||||||
| CEO | X | 1371996 | 0 | 13811 | 40 | X | |
| JAY GRATWICK | |||||||
| EVP & CFO | 330483 | 0 | 110316 | 40 | X | ||
| TODD MARKSBERRY | |||||||
| EVP & COO | 380827 | 0 | 124286 | 40 | X | ||
| BILL MESPLAY | |||||||
| SVP - CIO | 225395 | 0 | 16199 | 40 | X | ||
| JASON OSTERHAGE | |||||||
| SVP - CLO | 192209 | 0 | 56327 | 40 | X | ||
| MATTHEW SHEPHERD | |||||||
| SVP - CMSO | 270378 | 0 | 73805 | 40 | X | ||
| CAROL SUNDBERG | |||||||
| SVP - ECOMMERCE | 202292 | 0 | 13811 | 40 | X | ||
| TERRY ANDERSON | |||||||
| FINANCIAL ADVISOR | 280717 | 0 | 17257 | 40 | X | ||
| BOB MANNING | |||||||
| VP - RISK MANAGEMENT | 222088 | 0 | 24302 | 40 | X | ||
| AMIE MIZE | |||||||
| VP - CONTROLLER | 166763 | 0 | 14167 | 40 | X | ||
| MARY OLSON | |||||||
| VP - MARKETING | 165758 | 0 | 19029 | 40 | X | ||
| JAN TRIPP | |||||||
| VP - INVESTMENT | 198270 | 0 | 17886 | 40 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4007176 | TotalReportableCompFromOrg |
| Total Other Compensation | 501196 | TotalOtherCompensation |
| Number Individuals GT100 K | 36 | NumberIndividualsGT100K |
| Formers Listed | true | 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 | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| COCHRAN EDWARDS LLC | ||||||
| 2950 ATLANTA ROAD | SMYRNA | GA | 30080 | LEGAL | 376983 | |
| STITES HARBISON PLLC | ||||||
| 2800 SUNTRUST PLAZA | ATLANTA | GA | 30308 | LEGAL | 250760 | 303 PEACHTREE ST NE |
| KILPATRICK TOWNSEND STOCKTON LLP | ||||||
| PO BOX 945614 | ATLANTA | GA | 30394 | LEGAL | 222341 | |
| ORR APPRAISAL SERVICES | ||||||
| 4560 EDGEMERE TRACE | MARIETTA | GA | 30062 | REAL ESTATE APPRAISALS | 176525 | |
| MCCALLA RAYMER L L C | ||||||
| SUITE 3200 | ATLANTA | GA | 30328 | LEGAL | 144360 | SIX CONCOURSE PARKWAY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INCOME FROM LOANS | 522291 | 137702731 | 137702731 |
| OTHER OPERATING INCOME | 522130 | 45585043 | 45585043 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 183287774 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11347507 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11347507 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 194635281 | TotalRevenueColumn |
| Related Or Exempt Function Income | 194635281 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 239933 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15000 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4007176 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34996148 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9319604 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2491976 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2546009 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 435289 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198245 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2277324 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4117787 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6547566 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5295207 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261036 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 353876 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23113248 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272510 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5683822 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 440928 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| LOAN SERVICE & COLLECTION | 13363952 |
| PROVISION FOR LOAN LOSSES | 18000000 |
| FINANCIAL SERVICES OPERATIONS | 12031670 |
| SERVICE CONTRACTS | 2833837 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4083593 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152925736 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14094341 | BOY |
| EOY | 17021606 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162742588 | BOY |
| EOY | 133568140 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19454239 | BOY |
| EOY | 25046579 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2570786632 | BOY |
| EOY | 2632938110 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1034087 | BOY |
| EOY | 1304107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 158204070 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39561454 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121917723 | BOY |
| EOY | 118642616 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1244643182 | BOY |
| EOY | 1392447138 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38037298 | BOY |
| EOY | 44339187 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4172710090 | BOY |
| EOY | 4365307483 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119185635 | BOY |
| EOY | 45442773 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3663381674 | BOY |
| EOY | 3888384041 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3782567309 | BOY |
| EOY | 3933826814 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 390142781 | BOY |
| EOY | 431480669 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 390142781 | BOY |
| EOY | 431480669 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4172710090 | BOY |
| EOY | 4365307483 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 41709545 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -371657 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 27387621 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 27387621 | OtherCostOrOtherBasis |
| Book Value | 27387621 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 93476549 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 93476549 | OtherCostOrOtherBasis |
| Depreciation | 13354067 | Depreciation |
| Book Value | 80122482 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 7780208 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 7780208 | OtherCostOrOtherBasis |
| Depreciation | 4170297 | Depreciation |
| Book Value | 3609911 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 18200548 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 18200548 | OtherCostOrOtherBasis |
| Depreciation | 15848891 | Depreciation |
| Book Value | 2351657 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 11359144 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 11359144 | OtherCostOrOtherBasis |
| Depreciation | 6188199 | Depreciation |
| Book Value | 5170945 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 118642616 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| AGENCY & TREASURY BONDS | 1384108295 | C |
| CORPORATE CREDIT UNION CAPITAL | 5 | |
| CUSO | 8338838 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1392447138 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBER SHARES | Description |
| Amount | $3,888,384,041 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3888384041 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 194635281 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 194635281 | RevenueSubtotal |
| Total Revenue Per Form990 | 194635281 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 152925736 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 152925736 | ExpensesSubtotal |
| Total Expenses Per Form990 | 152925736 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART X THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES. HOWEVER AS FURTHER DISCUSSED IN NOTE 9 THE CREDIT UNION MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) IN GEORGIA IF ANY. THERE WAS NO UBIT FOR THE YEARS ENDED DECEMBER 31 2012 AND 2011. MANAGEMENT EVALUATED THE CREDIT UNION'S TAX POSITIONS AND CONCLUDED THAT THE CREDIT UNION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE CREDIT UNION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF GEORGIA. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501 (C) (14). AS SUCH THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN THE FUTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (AS DEFINED IN SECTION 512) DERVIED BY STATE-CHARTERED CREDIT UNIONS. MANY STATES HAVE SIMILAR LAWS. THE SPECIFIC APPLICATION OF SECTION 512 TO THE VARIOUS ACTIVITIES CONDUCTED BY STATE-CHARTERED CREDIT UNIONS HAS BEEN AT ISSUE FOR MANY YEARS. THE IRS AND CERTAIN STATE TAXING AUTHORITIES ARE CURRENTLY REVISITING WHAT IF ANY PRODUCTS AND SERVICES PROVIDED BY THE CREDIT UNION ARE SUBJECT TO UBIT. THERE IS CURRENTLY VERY LITTLE GUIDANCE IN THE IRS CODE ON WHAT ACTIVITIES SHOULD BE SUBJECT TO UBIT. THE IRS HAS INDICATED THAT THEY ARE STUDYING THE ISSUE AND MAY ISSUE ADDITIONAL GUIDANCE. AS A RESULT AT THIS TIME THERE IS UNCERTAINTY REGARDING WHETHER THE CREDIT UNION SHOULD PAY INCOME TAX ON CERTAIN TYPES OF NET TAXABLE INCOME FROM ACTIVITIES THAT MAY BE CONSIDERED BY TAXING AUTHORITIES AS UNRELATED TO THE PURPOSE FOR WHICH THE CREDIT UNION WAS GRANTED NONTAXABLE STATUS. IN THE OPINION OF MANAGEMENT ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE CREDIT UNION'S NONTAXABLE STATUS IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| CHILDREN'S MIRACLE NETWORK | |||||||
| 1525 S 2300 | SALT LAKE CITY | UT | 84117 | 501 (C) | 88915 | 0 | GENERAL SUPPORT |
| THE DELTA EMPLOYEES CARE FUND | |||||||
| 1525 WEST WT GARRUS BLVD | CHARLOTTE | NC | 28288 | 501 (C) | 25000 | 0 | GENERAL SUPPORT |
| NORTH GWINNETT TOUCHDOWN CLUB | |||||||
| PO BOX 282 | SUWANEE | GA | 30024 | 501 (C) | 41259 | 0 | GENERAL SUPPORT |
| COLLINS HILL TOUCHDOWN CLUB | |||||||
| PO BOX 49023 | LAWRENCEVILLE | GA | 30024 | 501 (C) | 40000 | 0 | GENERAL SUPPORT |
| MARIETTA HS TOUCHDOWN CLUB | |||||||
| 1171 WHITLOCK AVENUE | MARIETTA | GA | 30064 | 501 (C) | 15000 | 0 | GENERAL SUPPORT |
| WALTON FACILITIES FOUNDATION | |||||||
| 1590 BILL MURDOCK ROAD | MARIETTA | GA | 30062 | 501 (C) | 7500 | 0 | GENERAL SUPPORT |
| COLLINS HILL DUGOUT CLUB | |||||||
| 50 TAYLOR ROAD | SUWANEE | GA | 30024 | 501 (C) | 5475 | 0 | GENERAL SUPPORT |
| PEACHTREE RIDGE TOUCHDOWN CLUB | |||||||
| PBM 223 6555 SUGARLOAF PARKWAY ST | DULUTH | GA | 30097 | 501 (C) | 5000 | 0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 8 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 3 | NumberOfRecipients |
| Amount Of Cash Grant | 15000 | AmountOfCashGrant |
| Description Of Non Cash Assistance | GENERAL SUPPORT | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE CREDIT UNION MAINTAINS WRITTEN POLICIES AND PROCEDURES REGARDING THE DISTRIBUTION OF GRANT FUNDS TO ORGANIZATIONS AND INDIVIDUALS. THESE DETAIL ALL REQUIREMENTS FOR THE FUNDS AS WELL AS HOW THE FUNDS ARE TO BE DISTRIBUTED AND USED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | false | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| 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 |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg |
|---|---|---|---|---|---|
| RICK FOLEY | |||||
| 438147 | 370500 | 563349 | 13811 | 1385807 | |
| JAY GRATWICK | |||||
| 226683 | 103800 | 12635 | 440799 | 97681 | |
| TODD MARKSBERRY | |||||
| 262127 | 118700 | 12635 | 505113 | 111651 | |
| BILL MESPLAY | |||||
| 168995 | 56400 | 4309 | 241594 | 11890 | |
| JASON OSTERHAGE | |||||
| 125209 | 67000 | 7897 | 248536 | 48430 | |
| MATTHEW SHEPHERD | |||||
| 197878 | 72500 | 12635 | 344183 | 61170 | |
| JAN TRIPP | |||||
| 152070 | 46200 | 6762 | 216156 | 11124 | |
| TERRY ANDERSON | |||||
| 66030 | 214687 | 12635 | 297974 | 4622 | |
| MARY OLSON | |||||
| 128758 | 37000 | 9480 | 184787 | 9549 | |
| AMIE MIZE | |||||
| 128763 | 38000 | 11463 | 180930 | 2704 | |
| CAROL SUNDBERG | |||||
| 149992 | 52300 | 13811 | 216103 | ||
| BOB MANNING | |||||
| 175388 | 46700 | 11463 | 246390 | 12839 | |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 990 PART VI SEC. A Q6 - THE CREDIT UNION HAS MEMBERSOWNERS THAT UTILIZE THE THRIFT SAVINGS AND LENDING ACTIVITIES. 990 PART VI SEC. A Q7A - EACH MEMBER OF THE CREDIT UNION HAS ONE VOTE AND CAN PARTICIPATE IN THE ELECTION OF THE BOARD OF DIRECTORS (BOD) ANNUALLY. 990 PART VI SEC. A Q7B - AT ANY MEETING THE MEMBERS (BY ONE MEMBER VOTE) MAY DECIDE ON ANY MATTER OF INTEREST TO THE CREDIT UNION AND MAY OVERRULE THE BOD PROVIDED THE NOTICE OF THE MEETING SPECIFIES THE QUESTION TO BE CONSIDERED. 990 PART VI SEC. B Q12C - ANNUALLY INTERNAL AUDIT PERFORMS AN AUDIT AND UPDATES AND MONITORS ALL CONFLICTS OF INTEREST THAT EXIST WITHIN THE CREDIT UNION. 990 PART VI SEC. B Q15 - THE ORGANIZATION'S TOP OFFICIALS OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE (CONSISTING OF THE DIRECTORS) USING INDUSTRY COMPENSATION SURVEYS. 990 PART VI SEC. C Q19 - THE CREDIT UNION DOES NOT MAKE PUBLICLY AVAILABLE THE GOVERNING DOCUMENTS NOR THE CONFLICT OF INTEREST POLICY. 990 PART VI SEC. A Q11B - THE CREDIT UNION PROVIDES COPIES TO EACH BOARD OF DIRECTOR UPON REQUEST. ADDITIONALLY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM IN DETAIL. THE FORM IS PREPARED AND REVIEWED INTERNALLY BY LICENSED CPAS AND REVIEWED EXTERNALLY BY TAX ATTORNEYS FOR COMPLETENESS. 990 SCHEDULE R PART V SEC. 2 (1) - THE ACTIVITIES OF THE RELATED ORGANIZATION ARE RELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IF CONDUCTED DIRECTLY BY THE CREDIT UNION. THIS INSURANCE SALES ACTIVITY IS IN FURTHERANCE OF THE CREDIT UNION'S EXEMPT PURPOSE. HENCE THE INCOME WOULD NOT BE SUBJECT TO UBIT IF CONDUCTED DIRECTLY BY THE CREDIT UNION AND THEREFORE THE RENTAL INCOME FROM THE RELATED ORGANIZATION WOULD ALSO NOT BE SUBJECT TO UBIT. | Explanation |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEMBER'S INSURANCE ADVISORS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 HWY 74 N | AddressLine1 |
| City | PEACHTREE CITY | City |
| State | GA | State |
| ZIP Code | 30269 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261084051 | EIN |
| Primary Activity | INSURANCE | PrimaryActivity |
| Legal Domicile State | GA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELTA COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 145907 | ShareOfTotalIncome |
| Share Of EOY Assets | 1434198 | ShareOfEOYAssets |
| Percentage Ownership | 1.0 | PercentageOwnership |
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MEMBER'S INSURANCE ADVISORS LLC | ||
| A | 135313 | MARKET RATES |
| MEMBER'S INSURANCE ADVISORS LLC | ||
| J N | 98860 | COST ALLOCATION |
| MEMBER'S INSURANCE ADVISORS LLC | ||
| O | 183482 | ACTUAL SALARY |
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