DELTA COMMUNITY CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- DELTA COMMUNITY CREDIT UNION (EIN 58-0904765)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-06
- IRS object ID
- 201212199349300241
- 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 | 2012-08-06T11:50:00-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | 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 | EVP & CFO | Title |
| Phone | 4047154725 | Phone |
| Date Signed | 2012-06-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 191736032 | 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 240689 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 | 647 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 178650524 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 180189004 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8636244 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11547028 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 187286768 | TotalRevenuePriorYear |
| Total Revenue Current Year | 191736032 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 230915 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 224282 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 45812920 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 48581203 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 127184263 | OtherExpensePriorYear |
| Other Expenses Current Year | 178604943 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 173221465 | TotalExpensesPriorYear |
| Total Expenses Current Year | 227417061 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14065303 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -35681029 | RevenuesLessExpensesCY |
| Total Assets BOY | 3880661334 | TotalAssetsBOY |
| Total Assets EOY | 4172710090 | TotalAssetsEOY |
| Total Liabilities BOY | 3457844956 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3782567309 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 422816378 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 390142781 | 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 | 227417061 | Expense |
| Revenue | 191736032 | Revenue |
| Description | HELP 240689 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 | 227417061 | 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 | true | 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 | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| 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 | 97103 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 647 | 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 |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAY GRATWICK | NamePerson |
| Telephone Number | 4046774570 | 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 | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| BOARD DIRECTOR | X | 0 | 0 | 0 | ||||
| LEMUAL WIMBISH | ||||||||
| SECRETARYTREASURER | X | 0 | 0 | 0 | ||||
| RICK FOLEY | ||||||||
| CEO | X | 670512 | 0 | 181026 | 40 | X | ||
| JAY GRATWICK | ||||||||
| EVP & CFO | 307813 | 0 | 54922 | 40 | X | |||
| TODD MARKSBERRY | ||||||||
| EVP & COO | 352136 | 0 | 75482 | 40 | X | |||
| BILL MESPLAY | ||||||||
| SVP - CIO | 191827 | 0 | 14076 | 40 | X | |||
| JASON OSTERHAGE | ||||||||
| SVP - CLO | 237655 | 0 | 42253 | 40 | X | |||
| MATTHEW SHEPHERD | ||||||||
| SVP - CMSO | 255598 | 0 | 69344 | 40 | X | |||
| CAROL SUNDBERG | ||||||||
| SVP - ECOMMERCE | 174793 | 0 | 0 | 40 | X | |||
| TERRY ANDERSON | ||||||||
| FINANCIAL ADVISOR | 217903 | 0 | 14461 | 40 | X | |||
| BOB MANNING | ||||||||
| VP - RISK MANAGEMENT | 176965 | 0 | 20197 | 40 | X | |||
| AMIE MIZE | ||||||||
| VP - CONTROLLER | 166577 | 0 | 12769 | 40 | X | |||
| MARY OLSON | ||||||||
| VP - MARKETING | 159786 | 0 | 16405 | 40 | X | |||
| JAN TRIPP | ||||||||
| VP - INVESTMENT & INSURANCE | 183288 | 0 | 16823 | 40 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3094853 | TotalReportableCompFromOrg |
| Total Other Compensation | 517758 | TotalOtherCompensation |
| Number Individuals GT100 K | 32 | 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 | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| EAGLES LANDING APPRAISAL GROUP LLC | ||||||
| PO BOX 2349 | MCDONOUGH | GA | 30253 | REAL ESTATE APPRAISALS | 152255 | |
| COCHRAN EDWARDS LLC | ||||||
| 2950 ATLANTA ROAD | SMYRNA | GA | 30080 | LEGAL | 185810 | |
| KILPATRICK TOWNSEND STOCKTON LLP | ||||||
| PO BOX 945614 | ATLANTA | GA | 30394 | LEGAL | 174403 | |
| ORR APPRAISAL SERVICES | ||||||
| 4560 EDGEMERE TRACE | MARIETTA | GA | 30062 | REAL ESTATE APPRAISALS | 299025 | |
| STITES HARBISON PLLC | ||||||
| 2800 SUNTRUST PLAZA | ATLANTA | GA | 30308 | LEGAL | 661711 | 303 PEACHTREE ST NE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INCOME FROM LOANS | 522291 | 143822863 | 143822863 |
| OTHER OPERATING INCOME | 522130 | 36366141 | 36366141 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 180189004 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11547028 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11547028 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 191736032 | TotalRevenueColumn |
| Related Or Exempt Function Income | 191736032 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215915 | Total |
| Program Services | 215915 | ProgramServices |
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 | 3094853 | Total |
| Program Services | 3094853 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32224072 | Total |
| Program Services | 32224072 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6906064 | Total |
| Program Services | 6906064 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3521267 | Total |
| Program Services | 3521267 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2834947 | Total |
| Program Services | 2834947 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64990435 | Total |
| Program Services | 64990435 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99029 | Total |
| Program Services | 99029 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4898473 | Total |
| Program Services | 4898473 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4605216 | Total |
| Program Services | 4605216 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4453230 | Total |
| Program Services | 4453230 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5118472 | Total |
| Program Services | 5118472 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303453 | Total |
| Program Services | 303453 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364768 | Total |
| Program Services | 364768 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32118678 | Total |
| Program Services | 32118678 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 250980 | Total |
| Program Services | 250980 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6196666 | Total |
| Program Services | 6196666 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422645 | Total |
| Program Services | 422645 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| LOAN SERVICING & COLLECTION | 14698069 | 14698069 |
| PROVISION FOR LOAN LOSSES | 19320000 | 19320000 |
| FINANCIAL SERVICES OPERATIONS | 8780218 | 8780218 |
| SERVICE CONTRACTS | 2753097 | 2753097 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9231514 | Total |
| Program Services | 9231514 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227417061 | Total |
| Program Services | 227417061 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10994015 | BOY |
| EOY | 14094341 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 360000535 | BOY |
| EOY | 162742588 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15793034 | BOY |
| EOY | 19454239 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2406478659 | BOY |
| EOY | 2570786632 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 908104 | BOY |
| EOY | 1034087 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 155796077 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 33878354 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123539880 | BOY |
| EOY | 121917723 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 925730467 | BOY |
| EOY | 1244643182 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37216640 | BOY |
| EOY | 38037298 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3880661334 | BOY |
| EOY | 4172710090 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48201607 | BOY |
| EOY | 119185635 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3409643349 | BOY |
| EOY | 3663381674 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3457844956 | BOY |
| EOY | 3782567309 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 422816378 | BOY |
| EOY | 390142781 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 422816378 | BOY |
| EOY | 390142781 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3880661334 | BOY |
| EOY | 4172710090 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -35681029 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3007432 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 | 27351825 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 27351825 | OtherCostOrOtherBasis |
| Book Value | 27351825 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 92959242 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 92959242 | OtherCostOrOtherBasis |
| Depreciation | 10982575 | Depreciation |
| Book Value | 81976667 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 6234499 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6234499 | OtherCostOrOtherBasis |
| Depreciation | 3406349 | Depreciation |
| Book Value | 2828150 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 17331754 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 17331754 | OtherCostOrOtherBasis |
| Depreciation | 14294126 | Depreciation |
| Book Value | 3037627 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 11826072 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 11826072 | OtherCostOrOtherBasis |
| Depreciation | 5195304 | Depreciation |
| Book Value | 6723454 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 121917723 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| AGENCY & TREASURY BONDS | 1208081345 | C |
| CORPORATE CREDIT UNION CAPITAL | 8409005 | C |
| CERTIFICATES OF DEPOSIT | 20000000 | C |
| CUSO | 8152832 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1244643182 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| NCUA SHARE INSURANCE DEPOSIT | 33429769 |
| MISCELLANEOUS | 127709 |
| OTHER REAL ESTATE OWNED | 1520005 |
| MORTGAGE SERVICING RIGHTS | 959814 |
| LOAN TO CUSO | 2000000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 38037297 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBER SHARES | Description |
| Amount | $3,663,381,674 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3663381674 | TotalOfAmounts |
| Total Revenue | 191736032 | TotalRevenue |
| Total Expenses | 227417061 | TotalExpenses |
| Excess Or Deficit For Year | -35681029 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -35681029 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 191736032 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 191736032 | RevenueSubtotal |
| Total Revenue Per Form990 | 191736032 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 227417061 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 227417061 | ExpensesSubtotal |
| Total Expenses Per Form990 | 227417061 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| 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 2011 AND 2010. 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) DERIVED 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 |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
Recipient Table RecipientTable (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|
| CHILDREN'S MIRACLE NETWORK | ||||||
| 1525 S 2300 | SALT LAKE CITY | UT | 84117 | 501(C)(3) | 83763 | GENERAL SUPPORT |
| THE DELTA EMPLOYEES CARE FUND | ||||||
| 1525 WEST WT HARRIS BLVD | CHARLOTTE | NC | 28288 | 501(C)(3) | 25000 | GENERAL SUPPORT |
| COLLINS HILL HS DUGOUT CLUB | ||||||
| 50 TAYLOR ROAD | SUWANEE | GA | 30024 | 501(C)(3) | 23435 | GENERAL SUPPORT |
| COLLINS HILL HS TOUCHDOWN CLUB | ||||||
| PO BOX 490233 | LAWRENCEVILLE | GA | 30049 | 501(C)(3) | 37000 | GENERAL SUPPORT |
| WALTON FACILITIES FOUNDATION | ||||||
| 1590 BILL MURDOCK ROAD | MARIETTA | GA | 30062 | 501(C)(3) | 12016 | GENERAL SUPPORT |
| NORTH GWINNETT HS TOUCHDOWN CLUB | ||||||
| PO BOX 282 | SUWANEE | GA | 30024 | 501(C)(3) | 40000 | GENERAL SUPPORT |
| MILL CREEK HS DUGOUT CLUB | ||||||
| 4400 BRASELTON HWY | HOSCHTON | GA | 30548 | 501(C)(3) | 7116 | GENERAL SUPPORT |
| MARIETTA HS TOUCHDOWN CLUB | ||||||
| 1171 WHITLOCK AVENUE | MARIETTA | GA | 30064 | 501(C)(3) | 8557 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 8 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 8 | TotalNbrOfOtherOrganizations |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg |
|---|---|---|---|---|
| RICK FOLEY | ||||
| 423512 | 247000 | 181026 | 851538 | |
| JAY GRATWICK | ||||
| 213533 | 94280 | 45014 | 362735 | 9908 |
| TODD MARKSBERRY | ||||
| 244586 | 107550 | 65574 | 427618 | 9908 |
| BILL MESPLAY | ||||
| 154447 | 37380 | 10765 | 205903 | 3311 |
| JASON OSTERHAGE | ||||
| 175715 | 61940 | 32345 | 279908 | 9908 |
| MATTHEW SHEPHERD | ||||
| 190298 | 65300 | 59436 | 324942 | 9908 |
| JAN TRIPP | ||||
| 146838 | 36450 | 10668 | 200111 | 6155 |
| TERRY ANDERSON | ||||
| 61929 | 155974 | 4553 | 232364 | 9908 |
| MARY OLSON | ||||
| 124586 | 35200 | 9160 | 176191 | 7245 |
| AMIE MIZE | ||||
| 128517 | 38060 | 2484 | 179346 | 10285 |
| CAROL SUNDBERG | ||||
| 138793 | 36000 | 174793 | ||
| BOB MANNING | ||||
| 169965 | 7000 | 10289 | 197162 | 9908 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 990 PART VI SEC. A Q6 - THE CREDIT UNION HAS MEMBEROWNERS 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 ONE 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 DIRECTORS) USING INDUSTRY COMPENSATION SURVEYS. 990 PART VI SEC. C Q18 - THE CREDIT UNION WILL PROVIDE COPIES OF ITS THREE MOST RECENT FORM 990S TO ANYONE WHO REQUESTS THEM IN PERSON BY MAIL FAX OR EMAIL. PDF COPIES CAN BE FOUND ONLINE AT GUIDESTAR.ORG. 990 PART VI SEC. C Q19 - THE CREDIT UNION DOES NOT MAKE PUBLICLY AVAILABLE THE GOVERNING DOCUMENTS NOR THE CONFLICT OF INTEREST POLICY. OUR AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON OUR COMPANY WEBSITE. 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 FOR COMPLETENESS. 990 PART XI Q5 - THE CREDIT UNION HAD CHANGES IN THE UNREALIZED GAINS AND LOSSES ON INVESTMENTS THAT ARE REFLECTED ON THE BALANCE SHEET. THESE GAINSLOSSES ARE REPRESENTED ON THE BALANCE SHEET AS A COMPONENT OF OTHER COMPREHENSIVE INCOME. THIS CHANGE IS REFLECTED ON THE 990 RECONCILIATION OF NET ASSETS AS AN OTHER CHANGE IN NET ASSETS. 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
| 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 |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| 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 | 139532 | MARKET RATES |
| MEMBER'S INSURANCE ADVISORS LLC | ||
| M | 100944 | COST ALLOCATION |
| MEMBER'S INSURANCE ADVISORS LLC | ||
| N | 145472 | ACTUAL SALARY |
Form990 Schedule R Part VI Form990ScheduleRPartVI
Name Of Business NameOfBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEMBER'S INSURANCE ADVISORS LLC | 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 SALES | PrimaryActivity |
| Legal Domicile State | GA | LegalDomicileState |
| All Partners C3 S | false | AllPartnersC3S |
| Share Of EOY Assets | 1548282 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| General Or Managing Partner | false | GeneralOrManagingPartner |
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