2013-08-12T16:42:00-05:00 2012-12-31 990 2012-01-01 580904765 DELTA COMMUNITY CREDIT UNION DELT 4047154725 1025 VIRGINIA AVENUE ATLANTA GA 30354 JAY GRATWICK 4047154725 2013-05-14 2012 2016-02-25 16:41:14Z DELTA COMMUNITY CREDIT UNION JAY GRATWICK 1025 VIRGINIA AVENUE ATLANTA GA 30354 194635281 false true X WWW.DELTACOMMUNITYCU.COM X 1940 GA 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. 10 9 669 15 0 0 180189004 183287774 11547028 11347507 0 191736032 194635281 230915 254933 0 48581203 53360913 0 0 178604943 99309890 227417061 152925736 -35681029 41709545 4172710090 4365307483 3782567309 3933826814 390142781 431480669 HELP FAMILIES REACH A LEVEL OF FINANCIAL AWARENESS AND STABILITY THAT AFFORDS THEM THE PEACE OF MIND TO ENJOY A RICHER LIFE. false false 522130 152925736 194635281 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. 152925736 false false false false false false false false true true false false true true true true false false false false false false false false false true false true false false false false false false false false false false false false false false false false true true true false true 88755 0 true 669 true false false false false false false X 10 9 false false false false true true true true true false true true true true true true true true true true true true GA X X JAY GRATWICK 4047154725 1025 VIRGINIA AVENUE ATLANTA GA 30354 ALLISON AUSBAND X 0 0 0 CHARLIE BOYAJIAN X 0 0 0 WALTER BRILL X 0 0 0 JIM DIFFLEY X 0 0 0 HANK HALTER X 0 0 0 ESTHER HAMMOND X 0 0 0 LINDA O'SHEA X 0 0 0 ROBIN STRICKLIN X 0 0 0 LEMUAL WIMBISH X 0 0 0 RICK FOLEY 40 X X 1371996 0 13811 JAY GRATWICK 40 X 330483 0 110316 TODD MARKSBERRY 40 X 380827 0 124286 BILL MESPLAY 40 X 225395 0 16199 JASON OSTERHAGE 40 X 192209 0 56327 MATTHEW SHEPHERD 40 X 270378 0 73805 CAROL SUNDBERG 40 X 202292 0 13811 TERRY ANDERSON 40 X 280717 0 17257 BOB MANNING 40 X 222088 0 24302 AMIE MIZE 40 X 166763 0 14167 MARY OLSON 40 X 165758 0 19029 JAN TRIPP 40 X 198270 0 17886 4007176 501196 36 true true false COCHRAN EDWARDS LLC 2950 ATLANTA ROAD SMYRNA GA 30080 LEGAL 376983 STITES HARBISON PLLC 2800 SUNTRUST PLAZA 303 PEACHTREE ST NE ATLANTA GA 30308 LEGAL 250760 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 SIX CONCOURSE PARKWAY ATLANTA GA 30328 LEGAL 144360 6 INCOME FROM LOANS 522291 137702731 137702731 OTHER OPERATING INCOME 522130 45585043 45585043 183287774 11347507 11347507 194635281 194635281 0 0 239933 15000 4007176 34996148 9319604 2491976 2546009 435289 198245 2277324 4117787 6547566 5295207 261036 353876 23113248 272510 5683822 440928 LOAN SERVICE & COLLECTION 13363952 PROVISION FOR LOAN LOSSES 18000000 FINANCIAL SERVICES OPERATIONS 12031670 SERVICE CONTRACTS 2833837 4083593 152925736 0 0 0 14094341 17021606 162742588 133568140 19454239 25046579 2570786632 2632938110 1034087 1304107 158204070 39561454 121917723 118642616 1244643182 1392447138 38037298 44339187 4172710090 4365307483 119185635 45442773 3663381674 3888384041 3782567309 3933826814 390142781 431480669 390142781 431480669 4172710090 4365307483 41709545 -371657 X true true true false false 27387621 27387621 27387621 93476549 93476549 13354067 80122482 7780208 7780208 4170297 3609911 18200548 18200548 15848891 2351657 11359144 11359144 6188199 5170945 118642616 AGENCY & TREASURY BONDS 1384108295 C CORPORATE CREDIT UNION CAPITAL 5 CUSO 8338838 1392447138 MEMBER SHARES 3888384041 3888384041 X 194635281 194635281 194635281 152925736 152925736 152925736 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. true 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 8 0 SCHOLARSHIPS 3 15000 GENERAL SUPPORT 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. false false X X X false true false false false false false false false false RICK FOLEY 438147 370500 563349 13811 1385807 JAY GRATWICK 226683 103800 97681 12635 440799 TODD MARKSBERRY 262127 118700 111651 12635 505113 BILL MESPLAY 168995 56400 11890 4309 241594 JASON OSTERHAGE 125209 67000 48430 7897 248536 MATTHEW SHEPHERD 197878 72500 61170 12635 344183 JAN TRIPP 152070 46200 11124 6762 216156 TERRY ANDERSON 66030 214687 4622 12635 297974 MARY OLSON 128758 37000 9549 9480 184787 AMIE MIZE 128763 38000 2704 11463 180930 CAROL SUNDBERG 149992 52300 13811 216103 BOB MANNING 175388 46700 12839 11463 246390 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. MEMBER'S INSURANCE ADVISORS 315 HWY 74 N PEACHTREE CITY GA 30269 261084051 INSURANCE GA DELTA COMMUNITY CREDIT UNION C 145907 1434198 1.0 false true false false false false false false false false true false false false true true false false false false 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