STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0637646)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-10-17
IRS object ID: 201212919349300541
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
Form 990
Schedule C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-17T23:31:24-00:00	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	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	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	590637646	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CAMPUS USA CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CAMP	NameControl
Phone	3523359090	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 147029	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32614	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TOM STUDLEY	Name
Title	VPCFO	Title
Date Signed	2012-10-17	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2012-10-17	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)
Name Of Principal Officer Person	TOM STUDLEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1
City	JONESVILLE	City
State	FL	State
ZIP Code	32669	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	96405077	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	www.campuscu.com	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1935	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	CAMPUS USA CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION PROVIDER. IT HAS SIX COUNTIES FOR MEMBERSHIP WITH COMPETITIVE SAVINGS AND LOAN RATES ALONG WITH EXCEPTIONAL MEMBER SERVICE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	265	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	703170	TotalGrossUBI
Net Unrelated Business Txbl Income	123868	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	52369136	ProgramServiceRevenuePriorYear
Program Service Revenue CY	47303578	ProgramServiceRevenueCY
Investment Income Prior Year	5739499	InvestmentIncomePriorYear
Investment Income Current Year	5118073	InvestmentIncomeCurrentYear
Other Revenue Prior Year	526107	OtherRevenuePriorYear
Other Revenue Current Year	948745	OtherRevenueCurrentYear
Total Revenue Prior Year	58634742	TotalRevenuePriorYear
Total Revenue Current Year	53370396	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	14310721	SalariesEtcPriorYear
Salaries Etc Current Year	14428498	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	38983325	OtherExpensePriorYear
Other Expenses Current Year	29286534	OtherExpensesCurrentYear
Total Expenses Prior Year	53294046	TotalExpensesPriorYear
Total Expenses Current Year	43715032	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	5340696	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	9655364	RevenuesLessExpensesCY
Total Assets BOY	1049946079	TotalAssetsBOY
Total Assets EOY	1080638613	TotalAssetsEOY
Total Liabilities BOY	924118040	TotalLiabilitiesBOY
Total Liabilities EOY	948327902	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	125828039	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	132310711	NetAssetsOrFundBalancesEOY
Mission Description	THE MISSION OF OUR CREDIT UNION IS TO RESPOND TO THE NEEDS OF THE MEMBERSHIP BY OFFERING THE BEST FINANCIAL SERVICES. OUR CREDIT UNION IS A NOT-FOR-PROFIT SERVICE ORGANIZATION WHICH MAINTAINS A STRONG FINANCIAL FOUNDATION.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	true	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	false	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	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	false	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	17558	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	265	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	9	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	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
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
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	TOM STUDLEY	NamePerson
Telephone Number	3523359090	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	14007 NW 1ST ROAD	AddressLine1
City	JONESVILLE	City
State	FL	State
ZIP Code	32669	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee	Key EmployeeKeyEmployee
RL SCOTT
PRESIDENT	040.00	X	X	461438	0	303350
DR P WELCH
DIRECTOR	002.50	X		0	0	0
J BENNET
DIRECTOR	002.50	X		0	0	0
W WILLIAMS
DIRECTOR	002.50	X		0	0	0
K BURKETT
COMMITTEE	002.50	X		0	0	0
R RIVERS
DIRECTOR	002.50	X		0	0	0
P HINSON
DIRECTOR	002.50	X		0	0	0
J HUTTO
DIRECTOR	002.50	X		0	0	0
R PUCKETT
DIRECTOR	002.50	X		0	0	0
M WALDORFF
DIRECTOR	002.50	X		0	0	0
J BENTON
COO	040.00			197024	0	60097	X
G WATERS
CSO	040.00			203159	0	63063	X
T STUDLEY
CFO	040.00		X	195567	0	66384		X
J THACKREY
CTO	040.00			165016	0	56100	X
R WISE
QC DIRECTOR	040.00			156999	0	51041	X
F HILTON
INVESTMENT ADVISOR	040.00			162392	0	32167	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1541595	TotalReportableCompFromOrg
Total Other Compensation	632202	TotalOtherCompensation
Number Individuals GT100 K	7	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
SCHERER CONSTRUCTION
2504 NW 71 PLACE	GAINESVILLE	FL	32653	CONSTRUCTION	942747
PRINCIPAL FINANCIAL
711 HIGH STREET	DES MOINES	IA	50392	PENSION PLAN	2024666
BCBS
PO BOX 1798	JACKSONVILLE	FL	32231	INSURANCE PREMIUMS	1314081
ADVANCED SYSTEMS
11 SW 1 STREET	WILLISTON	FL	32696	MAINT REPAIRS	657453
AAA AUTO
1515 N WESTSHORE BLVD	TAMPA	FL	33607	INDIRECT LOAN PREMIUMS	634770

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
INTEREST ON LOANS	522100	38949000	38949000
FEES/CHARGES	522100	7651408	7651408
SECURITY SALES	523000	621944		621944
MBI	524298	17390		17390
NON-MEMBER ATM FEES	522200	63836		63836

Field	Value	IRS element (for citing)
Total Program Service Revenue	47303578	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4933197	TotalRevenueColumn
Related Or Exempt Function Income	4933197	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	42601304	Securities
Other	618253	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	42446599	Securities
Other	588082	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	154705	Securities
Other	30171	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	184876	TotalRevenueColumn
Related Or Exempt Function Income	184876	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	948745	TotalRevenueColumn
Related Or Exempt Function Income	948745	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	948745	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	53370396	TotalRevenueColumn
Related Or Exempt Function Income	52667226	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	703170	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1026739	Total
Program Services	1026739	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	9518795	Total
Program Services	9518795	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1728731	Total
Program Services	1728731	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1381083	Total
Program Services	1381083	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	773150	Total
Program Services	773150	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	626607	Total
Program Services	626607	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	97777	Total
Program Services	97777	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1282101	Total
Program Services	1282101	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2203569	Total
Program Services	2203569	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2018608	Total
Program Services	2018608	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	8605614	Total
Program Services	8605614	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2598433	Total
Program Services	2598433	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	264460	Total
Program Services	264460	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	11589365	Total
Program Services	11589365	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	43715032	Total
Program Services	43715032	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	38611683	BOY
EOY	64832561	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	57656103	BOY
EOY	51187118	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4375636	BOY
EOY	3643235	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	658730561	BOY
EOY	662468173	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1640261	BOY
EOY	539647	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	59389231	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	14619447	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	44932487	BOY
EOY	44769784	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	226080790	BOY
EOY	223029795	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	3052480	BOY
EOY	16155556	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	14866078	BOY
EOY	14012744	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1049946079	BOY
EOY	1080638613	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	7066928	BOY
EOY	12504857	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	16690463	BOY
EOY	10500000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	900360649	BOY
EOY	925323045	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	924118040	BOY
EOY	948327902	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	125828039	BOY
EOY	132310711	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	125828039	BOY
EOY	132310711	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1049946079	BOY
EOY	1080638613	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	9655364	ReconcilationRevenueExpenses
Reconcilation Other Changes	-3172692	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	4778	PoliticalExpenditures
Amt Expended For527 Activities	4778	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	4778	TotalExmptFunctionExpenditures
Form1120 Pol Filed	true	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs

Name Of527 Organization NameOf527Organization

Field	Value	IRS element (for citing)
Business Name Line1	FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE (CUPAC)	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3773 COMMONWEALTH BLVD	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32303	ZIPCode

Field	Value	IRS element (for citing)
EIN	590246163	EIN
Amt Pd From Internal Funds	4778	AmtPdFromInternalFunds

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11331319	OtherCostOrOtherBasis
Book Value	10773617	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	34793968	OtherCostOrOtherBasis
Depreciation	5003404	Depreciation
Book Value	29790564	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1778501	OtherCostOrOtherBasis
Depreciation	1558368	Depreciation
Book Value	220133	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11485443	OtherCostOrOtherBasis
Depreciation	7499973	Depreciation
Book Value	3985470	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	44769784	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
SHARE DRAFTS	$116,793,918
SHARE AND EQUIVALENTS	$295,375,546
MONEY MARKET ACCOUNTS	$148,510,759
IRA SHARES	$25,325,595
SHARE AND IRA CERTIFICATES	$339,317,227

Field	Value	IRS element (for citing)
Total Of Amounts	925323045	TotalOfAmounts
Total Revenue	53370396	TotalRevenue
Total Expenses	43715032	TotalExpenses
Excess Or Deficit For Year	9655364	ExcessOrDeficitForYear
Net Unrealized GL On Investments	1324117	NetUnrealizedGLOnInvestments
Other	-$4,496,809	OtherAmount
Total Adjustments	-3172692	TotalAdjustments
Excess Or Deficit Per FS	6482672	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	53370396	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	53370396	RevenueSubtotal
Total Revenue Per Form990	53370396	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	43715032	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	43715032	ExpensesSubtotal
Total Expenses Per Form990	43715032	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	FASB ASC 740-10-25 CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. AS A RESULT OF ADOPTING ASC 740-10-25, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND
X	2 continued...	ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2010, 2009, AND 2008 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS.
X	2 continued...	THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.
XI	8	RECLASSIFICATION ADJUSTMENTS FOR GAINS ON SALE OR REDEMPTION OF CALLABLE INVESTMENT SECURITIES IN THE AMOUNT OF 177,492 PLUS NET PENSION LOSSES OF 4,319,317.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	false	SubstantiationRequired
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
RL SCOTT
373228	72500	15710	285322	18028	764788
J BENTON
167095	28500	1429	46450	13647	257121
G WATERS
169383	28500	5276	46785	16278	266222
T STUDLEY
162614	31000	1953	45767	20617	261951
J THACKREY
133986	28500	2530	43107	12993	221116
R WISE
125587	28500	2912	41984	9057	208040
F HILTON
153061	8201	1130	16370	15797	194559

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	THE ORGANIZATION HAS MEMBERS.
Form 990 Part VI	7A	THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS.
Form 990 Part VI	11A	THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT VP OR HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED.
Form 990 Part VI	12C	THE CONFLICTS OF INTEREST POLICY GOVERNS THE ACTIONS OF DIRECTORS, AUDIT COMMITTEE MEMBERS, ANY OTHER UNPAID MEMBER VOLUNTEERS AND ALL SENIOR MANAGERS OF THE CREDIT UNION. THE POLICY, WHICH IS EXPLICIT IN DETAILING ACTIONS CONSIDERED TO BE CONFLICTS OF INTEREST, IS REVIEWED WITH THE COVERED INDIVIDUALS ANNUALLY. IN ADDITION, EACH COVERED INDIVIDUAL IS ANNUALLY REQUIRED TO COMPLETE AND SIGN A STATEMENT DETAILING ANY POTENTIAL CONFLICTS OF INTEREST OR ANY ACTIONS TAKEN THAT FALL UNDER THE CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE CHAIR WHO MAKES A FORMAL REPORT TO THE BOARD OF DIRECTORS. COVERED INDIVIDUALS ARE INSTRUCTED TO DISCUSS ANY POTENTIAL CONFLICTS WITH THE PRESIDENT/CEO OR THE COMPLIANCE OFFICER BEFORE ENTERING INTO ANY ARRANGEMENT THAT COULD BE A POTENTIAL CONFLICT.
Form 990 Part VI	12C continued...	THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL ON A CASE-BY-CASE BASIS. ANY POTENTIAL CONFLICT INVOLVING THE AUDIT COMMITTEE CHAIR REQUIRES WRITTEN APPROVAL BY THE BOARD OF DIRECTORS CHAIR. THE CREDIT UNION HAS ALWAYS MAINTAINED THE POLICY THAT ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THE SUBJECT MATTER IN QUESTION.
Form 990 Part VI	15A and 15B	THE REVIEW OF THE CEOS COMPENSATION IS DONE ANNUALLY BY THE BOARD OF DIRECTORS BOD. THE BOD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AND EACH MEMBER DOES AN INDIVIDUAL REVIEW TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER SENIOR MANAGEMENT, THE CEO USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AS WELL AS AN INTERNAL INDEPENDENT SALARY ADMINISTRATION SYSTEM TO DETERMINE THEIR COMPENSATION.
Form 990 Part VI	19	GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING.
Form 990 Part XI	5	UNREALIZED GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE IN THE AMOUNT OF 1,324,117 LESS RECLASSIFICATION ADJUSTMENTS FOR GAINS ON SALE OR REDEMPTION OF CALLABLE INVESTMENT SECURITIES IN THE AMOUNT OF 177,492 LESS NET PENSION LOSSES OF 4,319,317.
		Form 990 Part VI Section A Line 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI Section A Line 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. Form 990 Part VI Section A Line 11A THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT VP OR HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED. Form 990 Part VI Section B Line 12C THE CONFLICTS OF INTEREST POLICY GOVERNS THE ACTIONS OF DIRECTORS, AUDIT COMMITTEE MEMBERS, ANY OTHER UNPAID MEMBER VOLUNTEERS AND ALL SENIOR MANAGERS OF THE CREDIT UNION. THE POLICY, WHICH IS EXPLICIT IN DETAILING ACTIONS CONSIDERED TO BE CONFLICTS OF INTEREST, IS REVIEWED WITH THE COVERED INDIVIDUALS ANNUALLY. IN ADDITION, EACH COVERED INDIVIDUAL IS ANNUALLY REQUIRED TO COMPLETE AND SIGN A STATEMENT DETAILING ANY POTENTIAL CONFLICTS OF INTEREST OR ANY ACTIONS TAKEN THAT FALL UNDER THE CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE CHAIR WHO MAKES A FORMAL REPORT TO THE BOARD OF DIRECTORS. COVERED INDIVIDUALS ARE INSTRUCTED TO DISCUSS ANY POTENTIAL CONFLICTS WITH THE PRESIDENT/CEO OR THE COMPLIANCE OFFICER BEFORE ENTERING INTO ANY ARRANGEMENT THAT COULD BE A POTENTIAL CONFLICT. Form 990 Part VI Section B Line 12C continued... THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL ON A CASE-BY-CASE BASIS. ANY POTENTIAL CONFLICT INVOLVING THE AUDIT COMMITTEE CHAIR REQUIRES WRITTEN APPROVAL BY THE BOARD OF DIRECTORS CHAIR. THE CREDIT UNION HAS ALWAYS MAINTAINED THE POLICY THAT ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THE SUBJECT MATTER IN QUESTION. Form 990 Part VI Section B Line 15A and 15B THE REVIEW OF THE CEOS COMPENSATION IS DONE ANNUALLY BY THE BOARD OF DIRECTORS BOD. THE BOD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AND EACH MEMBER DOES AN INDIVIDUAL REVIEW TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER SENIOR MANAGEMENT, THE CEO USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AS WELL AS AN INTERNAL INDEPENDENT SALARY ADMINISTRATION SYSTEM TO DETERMINE THEIR COMPENSATION. Form 990 Part VI Section C Line 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING. Form 990 Part XI Line 5 UNREALIZED GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE IN THE AMOUNT OF 1,324,117 LESS RECLASSIFICATION ADJUSTMENTS FOR GAINS ON SALE OR REDEMPTION OF CALLABLE INVESTMENT SECURITIES IN THE AMOUNT OF 177,492 LESS NET PENSION LOSSES OF 4,319,317.