GEORGIA'S OWN CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA'S OWN CREDIT UNION (EIN 58-0147128)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-13
- IRS object ID
- 201203189349301120
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T08:38:47-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | 2011-01-01 | 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 | 2012-11-06 | 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 | 2012-11-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 86083461 | 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 | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 401 | TotalNbrEmployees |
| Total Gross UBI | 1227393 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -657196 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 80638144 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 84856068 | ProgramServiceRevenueCY |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1067916 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1227393 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 81706060 | TotalRevenuePriorYear |
| Total Revenue Current Year | 86083461 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 21676304 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24499613 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 55143970 | OtherExpensePriorYear |
| Other Expenses Current Year | 53728615 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 76835274 | TotalExpensesPriorYear |
| Total Expenses Current Year | 78243228 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4870786 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7840233 | RevenuesLessExpensesCY |
| Total Assets BOY | 1608491163 | TotalAssetsBOY |
| Total Assets EOY | 1663262419 | TotalAssetsEOY |
| Total Liabilities BOY | 1446215323 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1496819732 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 162275840 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 166442687 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE THRIFT SAVING/BORROWING TO MEMBER-OWNED COOPERATIVE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 76358639 | Expense |
| Grants | 15000 | Grants |
| Revenue | 84856068 | Revenue |
| Description | PROVIDED THRIFT SAVINGS/BORROWINGS TO 182,585 MEMBERS. | Description |
| Total Program Service Expense | 76358639 | 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 | 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 | 95 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 401 | 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 | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | 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 (29 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| DAVID PRETER | |||||||||
| PRES/CEO | 40.00 | X | X | 488254 | 0 | 339821 | |||
| WILLIAM E CONINE | |||||||||
| DIRECTOR | 1.00 | X | 7200 | 0 | 0 | ||||
| JOSEPH M MAURIELLO | |||||||||
| DIRECTOR | 1.00 | X | 6400 | 0 | 0 | ||||
| MICHAEL W BAUMGARTNER | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| PATRICK H CASEY | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| JAMES L FOWLER | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| JOAN K SIMS | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| ERVIN M WALKER | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| JOHN B WHITE JR | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| RICHARD E BURNS | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| C EDWARD HEATH | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| GARY M LUDGOOD | |||||||||
| DIRECTOR | 1.00 | X | 6000 | 0 | 0 | ||||
| DENNIS W FOX | |||||||||
| DIRECTOR | 1.00 | X | 300 | 0 | 0 | ||||
| DWIGHT AUSTION | |||||||||
| DIRECTOR | 1.00 | X | 200 | 0 | 0 | ||||
| CHRIS GILLMARTIN | |||||||||
| DIRECTOR | 1.00 | X | 100 | 0 | 0 | ||||
| JOHN CAREW III | |||||||||
| SVP STRATEGY | 40.00 | X | 261201 | 0 | 25474 | ||||
| KELLY M GARMON | |||||||||
| CMO | 40.00 | X | 221254 | 0 | 33993 | ||||
| R SCOTT MCCALL | |||||||||
| SVP INFO SYS | 40.00 | X | 219840 | 0 | 6634 | ||||
| WILLIAM LUSK | |||||||||
| COO | 40.00 | X | 192100 | 0 | 25072 | ||||
| CINDY BOYLES | |||||||||
| SVP ORG DEV | 40.00 | X | 160304 | 0 | 17712 | ||||
| BONNIE J KIMMEY | |||||||||
| SVP LENDING | 40.00 | X | 157904 | 0 | 37037 | ||||
| ERIC BROOME | |||||||||
| SVP ERM/GEN | 40.00 | X | 157904 | 0 | 17468 | ||||
| HAL F ALLEN | |||||||||
| VP ACCTNG | 40.00 | 159235 | 0 | 12163 | X | ||||
| KEITH A ECK | |||||||||
| AVP ACCOUNTI | 40.00 | 142409 | 0 | 12718 | X | ||||
| JOSEPH BECKNER | |||||||||
| AVP LOAN ADM | 40.00 | 103990 | 0 | 12999 | X | ||||
| MADELINE STRACHAN | |||||||||
| AVP MTG SVCS | 40.00 | 103303 | 0 | 13967 | X | ||||
| RICHARD ELLIS | |||||||||
| AVP COMPL/FR | 40.00 | 100584 | 0 | 9642 | X | ||||
| BRAD BOLLIER | |||||||||
| AVP BS LNDG | 40.00 | 100290 | 0 | 10267 | X | ||||
| CHARLOTTE S AYERS | |||||||||
| FORMER PRES/ | 185000 | 0 | 0 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2821772 | TotalReportableCompFromOrg |
| Total Other Compensation | 574967 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SEGARS GROUP LLC | |||||
| 14355 PROVIDENCE RD | ALPHARETTA | GA | 30004 | CONSTRUCTION | 793289 |
| MACEY WILENSKY KESSLER & HENNINGS | |||||
| 230 PEACHTREE ST NW STE 2700 | ATLANTA | GA | 303031561 | LEGAL | 339236 |
| INGLETT & STUBBS LLC | |||||
| LOCK BOX 932506 | ATLANTA | GA | 31193 | ELECTRICAL SVC | 260111 |
| DENNIS LONERGAN | |||||
| 1756 ROSALIND DR | ATLANTA | GA | 30329 | ELECTRICAL SVC | 131917 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| INTEREST ON LOANS | 56526039 | 56526039 |
| CHECKING SERVICES INCOME | 9347636 | 9347636 |
| INTEREST ON INVESTMENTS | 6284416 | 6284416 |
| VISA DEBIT CARD INCOME | 3412801 | 3412801 |
| VISA CREDIT CARD INCOME | 3342984 | 3342984 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5942192 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5942192 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 84856068 | TotalProgramServiceRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| MEMBERS FINANCIAL SERVICES | 525990 | 782943 | 782943 |
| NON-MEMBER USE OF ATM | 525990 | 258653 | 258653 |
| WARRANTY SALES | 525990 | 185797 | 185797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1227393 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 86083461 | TotalRevenueColumn |
| Related Or Exempt Function Income | 84856068 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1227393 | UnrelatedBusinessRevenue |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15000 | Total |
| Program Services | 15000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2805525 | Total |
| Program Services | 2805525 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14961257 | Total |
| Program Services | 14255774 | ProgramServices |
| Management And General | 705483 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3540020 | Total |
| Program Services | 3540020 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1890435 | Total |
| Program Services | 1820204 | ProgramServices |
| Management And General | 70231 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1302376 | Total |
| Program Services | 1302376 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5807645 | Total |
| Program Services | 5807645 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142448 | Total |
| Program Services | 142022 | ProgramServices |
| Management And General | 426 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273768 | Total |
| Program Services | 272898 | ProgramServices |
| Management And General | 870 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3523063 | Total |
| Program Services | 3495874 | ProgramServices |
| Management And General | 27189 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5399350 | Total |
| Program Services | 5253966 | ProgramServices |
| Management And General | 145384 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4293070 | Total |
| Program Services | 4175863 | ProgramServices |
| Management And General | 117207 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12019170 | Total |
| Program Services | 12019170 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1513573 | Total |
| Program Services | 1439926 | ProgramServices |
| Management And General | 73647 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OTHER | 10149181 | 10141550 | 7631 |
| PROVISION FOR LOAN LOSSES | 9820000 | 9820000 | |
| DIRECT COSTS - UBI | 664147 | 664147 | |
| NCUSIF ASSESSMENTS | 72374 | 72374 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50826 | Total |
| Program Services | 50826 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78243228 | Total |
| Program Services | 76358639 | ProgramServices |
| Management And General | 1884589 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162059445 | BOY |
| EOY | 210301446 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 946289978 | BOY |
| EOY | 1105871548 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1500000 | BOY |
| EOY | 2000000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27383259 | BOY |
| EOY | 32133305 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 24484570 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8374163 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15133830 | BOY |
| EOY | 16110407 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438594836 | BOY |
| EOY | 277936562 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17529815 | BOY |
| EOY | 18909151 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1608491163 | BOY |
| EOY | 1663262419 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1446215323 | BOY |
| EOY | 1496819732 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1446215323 | BOY |
| EOY | 1496819732 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133886257 | BOY |
| EOY | 137219977 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28389583 | BOY |
| EOY | 29222710 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162275840 | BOY |
| EOY | 166442687 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1608491163 | BOY |
| EOY | 1663262419 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7840233 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3673386 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5050944 | OtherCostOrOtherBasis |
| Book Value | 5050944 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7453762 | OtherCostOrOtherBasis |
| Depreciation | 896803 | Depreciation |
| Book Value | 6556959 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2083198 | OtherCostOrOtherBasis |
| Depreciation | 1332150 | Depreciation |
| Book Value | 751048 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3937779 | OtherCostOrOtherBasis |
| Depreciation | 2886709 | Depreciation |
| Book Value | 1051070 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5958887 | OtherCostOrOtherBasis |
| Depreciation | 3258501 | Depreciation |
| Book Value | 2700386 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16110407 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBERS' ACCTS - CKING, MMA, SAVINGS | $889,501,593 |
| MEMBERS' ACCTS - CERTIFICATES & IRAS | $584,220,786 |
| OTHER LIABILITIES | $23,067,379 |
| ACCRUED INTEREST PAYABLE | $29,974 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1496819732 | TotalOfAmounts |
| Total Revenue | 86083461 | TotalRevenue |
| Total Expenses | 78243228 | TotalExpenses |
| Excess Or Deficit For Year | 7840233 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 7840233 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 86083461 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 86083461 | RevenueSubtotal |
| Total Revenue Per Form990 | 86083461 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 78243228 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 78243228 | ExpensesSubtotal |
| Total Expenses Per Form990 | 78243228 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIP | 1 | 5000 |
| SCHOLARSHIP | 1 | 3000 |
| SCHOLARSHIP | 1 | 2000 |
| SCHOLARSHIP | 5 | 5000 |
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 (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg |
|---|---|---|---|---|---|
| DAVID PRETER | |||||
| 388000 | 100254 | 317925 | 21896 | 828075 | |
| JOHN CAREW III | |||||
| 233539 | 27662 | 4754 | 20720 | 286675 | |
| KELLY M GARMON | |||||
| 197500 | 17754 | 14333 | 19660 | 255247 | 6000 |
| R SCOTT MCCALL | |||||
| 203840 | 16000 | -6625 | 13259 | 226474 | |
| WILLIAM LUSK | |||||
| 191846 | 254 | 13317 | 11755 | 217172 | |
| CINDY BOYLES | |||||
| 150000 | 10304 | 7501 | 10211 | 178016 | |
| BONNIE J KIMMEY | |||||
| 144750 | 13154 | 15945 | 21092 | 194941 | |
| ERIC BROOME | |||||
| 144750 | 13154 | 10969 | 6499 | 175372 | |
| HAL F ALLEN | |||||
| 147445 | 11790 | -3731 | 15894 | 171398 | |
| KEITH A ECK | |||||
| 129655 | 12754 | 5756 | 6962 | 155127 | |
| CHARLOTTE S AYERS | |||||
| 150000 | 185000 | 35000 | |||
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 12,610 0 | Explanation |
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 | GEORGIA'S OWN CREDIT UNION HAS 182,585 MEMBERS AS OF 12/31/11. |
| 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 5 | TOTAL CHANGES = <3,673,386> 1,519,993 EFFECT OF MERGER <3,994,904> PENSION ADJUSTMENT <1,197,558> POSTRETIREMENT BENEFIT ADJUSTMENT < 917> NET CHANGE-UNREALIZED FMV ON INVESTMENTS <3,673,386> TOTAL CHANGE |
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