STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0637646)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-15
IRS object ID: 201103199349308280
Schema version: 2010v3.4
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	2011-11-15T16:34:16-00:00	Timestamp
Tax Period End Date	2010-12-31	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	2010-01-01	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	CFO	Title
Date Signed	2011-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2011-11-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	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	58634742	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. 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	246	TotalNbrEmployees
Total Nbr Volunteers	11	TotalNbrVolunteers
Total Gross UBI	620207	TotalGrossUBI
Net Unrelated Business Txbl Income	47689	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	56482011	ProgramServiceRevenuePriorYear
Program Service Revenue CY	52369136	ProgramServiceRevenueCY
Investment Income Prior Year	6250005	InvestmentIncomePriorYear
Investment Income Current Year	5739499	InvestmentIncomeCurrentYear
Other Revenue Prior Year	5289601	OtherRevenuePriorYear
Other Revenue Current Year	526107	OtherRevenueCurrentYear
Total Revenue Prior Year	68021617	TotalRevenuePriorYear
Total Revenue Current Year	58634742	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	13790169	SalariesEtcPriorYear
Salaries Etc Current Year	14310721	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	43809190	OtherExpensePriorYear
Other Expenses Current Year	38983325	OtherExpensesCurrentYear
Total Expenses Prior Year	57599359	TotalExpensesPriorYear
Total Expenses Current Year	53294046	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	10422258	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	5340696	RevenuesLessExpensesCY
Total Assets BOY	1088625601	TotalAssetsBOY
Total Assets EOY	1049946079	TotalAssetsEOY
Total Liabilities BOY	969964925	TotalLiabilitiesBOY
Total Liabilities EOY	924118040	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	118660676	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	125828039	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	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	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	19954	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	246	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 (17 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	403702	0	285799
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
J BROWN
DIRECTOR	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/COMMITTEE	002.50	X		0	0	0
R PUCKETT
DIRECTOR	002.50	X		0	0	0
M WALDORFF
COMMITTEE	002.50	X		0	0	0
J BENTON
COO	040.00			175774	0	47176	X
G WATERS
CSO	040.00			179501	0	43414	X
T STUDLEY
CFO	040.00		X	172668	0	51596		X
J THACKREY
CFO	040.00			148439	0	32177	X
R WISE
QC DIRECTOR	040.00			133756	0	33512	X
F HILTON
INVESTMENT ADVISOR	040.00			144981	0	27676	X
K BURKETT
COMMITTEE	002.50	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1358821	TotalReportableCompFromOrg
Total Other Compensation	521350	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
SCHERER CONSTRUCTION
2504 NW 71 PLACE	GAINESVILLE	FL	32653	CONSTRUCTION
TOM BORROW CO
6950 HIGHWAY AVE SUITE 1	JACKSONVILLE	FL	32254	CUSTOM AIR HANDLING
RS&H
10748 DEERWOOD PARK BLVD SOUTH	JACKSONVILLE	FL	32256	ARCHITECT
SOUTH SEMINOLE
3307 CLARCONA ROAD	APOPKA	FL	32703	DUCTWORK
CEMEX
820 NW 53RD AVENUE	GAINESVILLE	FL	32653	CONCRETE/MASONRY

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	44095477	44095477
FEES/CHARGES	522100	7653452	7653452
SECURITY SALES	523000	535282		535282
MBI	524298	12950		12950
NON-MEMBER ATM FEES	522200	71975		71975

Field	Value	IRS element (for citing)
Total Program Service Revenue	52369136	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5739499	TotalRevenueColumn
Related Or Exempt Function Income	5739499	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	526107	TotalRevenueColumn
Related Or Exempt Function Income	526107	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	526107	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	58634742	TotalRevenueColumn
Related Or Exempt Function Income	58014535	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	620207	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	1880171	Total
Program Services	1880171	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	7998720	Total
Program Services	7998720	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1851190	Total
Program Services	1851190	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1886489	Total
Program Services	1886489	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	694151	Total
Program Services	694151	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	573884	Total
Program Services	573884	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	143574	Total
Program Services	143574	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1267104	Total
Program Services	1267104	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2364525	Total
Program Services	2364525	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	1705437	Total
Program Services	1705437	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	13929488	Total
Program Services	13929488	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2112399	Total
Program Services	2112399	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	255268	Total
Program Services	255268	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	16631646	Total
Program Services	16631646	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	53294046	Total
Program Services	53294046	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3906204	BOY
EOY	38611683	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	126564706	BOY
EOY	57656103	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4372488	BOY
EOY	4375636	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	700489759	BOY
EOY	658730561	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	560123	BOY
EOY	1640261	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	58553156	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	13620669	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	37601694	BOY
EOY	44932487	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	199481347	BOY
EOY	226080790	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	3409883	BOY
EOY	3052480	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	12239397	BOY
EOY	14866078	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1088625601	BOY
EOY	1049946079	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14366732	BOY
EOY	7066928	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	22500000	BOY
EOY	16690463	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	933098193	BOY
EOY	900360649	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	969964925	BOY
EOY	924118040	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	118660676	BOY
EOY	125828039	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	118660676	BOY
EOY	125828039	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1088625601	BOY
EOY	1049946079	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	5340696	ReconcilationRevenueExpenses
Reconcilation Other Changes	1826667	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	5000	PoliticalExpenditures
Amt Expended For527 Activities	5000	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	5000	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	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	5000	AmtPdFromInternalFunds

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	I-A	Identifier
Return Reference	1	ReturnReference
Explanation	THE CREDIT UNION CONTRIBUTED ITS FAIR SHARE TO THE FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE DURING 2010.	Explanation

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	11315474	OtherCostOrOtherBasis
Book Value	10788200	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	33200994	OtherCostOrOtherBasis
Depreciation	4062206	Depreciation
Book Value	29138788	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1954988	OtherCostOrOtherBasis
Depreciation	1623790	Depreciation
Book Value	331198	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	12081700	OtherCostOrOtherBasis
Depreciation	7407399	Depreciation
Book Value	4674301	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	44932487	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
SHARE DRAFTS	$102,650,068
SHARE AND EQUIVALENTS	$254,807,048
MONEY MARKET ACCOUNTS	$125,204,578
IRA SHARES	$22,091,873
SHARE AND IRA CERTIFICATES	$395,607,082

Field	Value	IRS element (for citing)
Total Of Amounts	900360649	TotalOfAmounts
Total Revenue	58634742	TotalRevenue
Total Expenses	53294046	TotalExpenses
Excess Or Deficit For Year	5340696	ExcessOrDeficitForYear
Net Unrealized GL On Investments	955843	NetUnrealizedGLOnInvestments
Other	$870,824	OtherAmount
Total Adjustments	1826667	TotalAdjustments
Excess Or Deficit Per FS	7167363	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	58634742	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	58634742	RevenueSubtotal
Total Revenue Per Form990	58634742	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	53294046	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	53294046	ExpensesSubtotal
Total Expenses Per Form990	53294046	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	XI	Identifier
Return Reference	8	ReturnReference
Explanation	Reclassification adjustment for gains on the redemption of callable investment securities included in net income -10,264 Net Pension Gains 881,088 870,824	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
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
361090	34350	8262	272404	13395	689501
J BENTON
160115	15150	509	32343	14833	222950
G WATERS
161796	15150	2555	32482	10932	222915
T STUDLEY
151787	20150	731	36823	14773	224264
J THACKREY
132308	15150	981	29140	3037	180616
R WISE
116857	15150	1749	27719	5793	167268
F HILTON
143527	750	704	14623	13053	172657

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 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 OF 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. THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL
Form 990 Part VI	12C	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 GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE FOR SALE 955,843 RECLASSIFICATION ADJUSTMENTS FOR GAINS ON THE REDEMPTION OF CALLABLE INVESTMENT SECURITIES INCLUDED IN NET INCOME10,264 NET PENSIONS GAINS 881,088.