GEORGIA CENTRAL CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA CENTRAL CREDIT UNION (EIN 58-0501985)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-09-09
- IRS object ID
- 201112529349301101
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-09-09T15:44:47-00:00 | 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 | 580501985 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA CENTRAL CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 7704769704 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6705 SUGARLOAF PARKWAY Room No 250 | AddressLine1 |
| City | DULUTH | City |
| State | GA | State |
| ZIP Code | 30097 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREG MOORE | Name |
| Title | CEO | Title |
| Phone | 7704769701 | Phone |
| Date Signed | 2011-09-09 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS ORTH | Name |
| Phone | 3052328272 | Phone |
| Date Prepared | 2011-09-09 | 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 | GREG MOORE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6705 SUGARLOAF PARKWAY SUITE 250 | AddressLine1 |
| City | DULUTH | City |
| State | GA | State |
| ZIP Code | 30097 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 77404508 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Group Exemption Number | 3804 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | WWW.GACENTRAL.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CREDIT UNION | TypeOfOrgOtherDescription |
| Year Formation | 1936 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO BE A FULL SERVICE WHOLESALE FINANCIAL INSTITUTION PROVIDING FINANCIAL SERVICES AND SUPPORT TO CREDIT UNIONS. TO BE A FULL SERVICE WHOLESALE FINANCIAL INSTITUTION PROVIDING FINANCIAL SERVICES AND SUPPORT TO CREDIT UNIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | TotalNbrEmployees |
| Total Nbr Volunteers | 22 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2140267 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2667065 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32538779 | InvestmentIncomePriorYear |
| Investment Income Current Year | 18528873 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 503013 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35182059 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21195938 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3154815 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2980655 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 50104894 | OtherExpensePriorYear |
| Other Expenses Current Year | 17154542 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 53259709 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20135197 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -18077650 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1060741 | RevenuesLessExpensesCY |
| Total Assets BOY | 2515581386 | TotalAssetsBOY |
| Total Assets EOY | 2002348630 | TotalAssetsEOY |
| Total Liabilities BOY | 2515970773 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2000806739 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -389387 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1541891 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO BE A FULL SERVICE WHOLESALE FINANCIAL INSTITUTION PROVIDING FINANCIAL SERVICES AND SUPPORT TO CREDIT UNIONS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBER CREDIT UNION FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS NATURAL PERSON CREDIT UNION MEMBERS. | Description |
| 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 | 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 | true | 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 | 20 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 27 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | 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 | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | 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 | GEORGIA CENTRAL CREDIT UNION | NamePerson |
| Telephone Number | 7704769704 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6705 SUGARLOAF PARKWAY SUITE 250 | AddressLine1 |
| City | DULUTH | City |
| State | GA | State |
| ZIP Code | 30097 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BETSY MERCIER | |||||||
| DIRECTOR | 005.00 | X | 0 | 0 | 0 | ||
| LIN HODGES | |||||||
| CHAIRMAN | 005.00 | X | 0 | 0 | 0 | ||
| JAY GRATWICK | |||||||
| V. CHAIRMAN | 003.00 | X | 0 | 0 | 0 | ||
| JANET DAVIS | |||||||
| SECRETARY | 003.00 | X | 0 | 0 | 0 | ||
| GARY KYLE | |||||||
| TREASURER | 003.00 | X | 0 | 0 | 0 | ||
| KEN MERRITT | |||||||
| DIRECTOR | 003.00 | X | 0 | 0 | 0 | ||
| MIKE MERCER | |||||||
| DIRECTOR | 003.00 | X | 0 | 0 | 0 | ||
| DICKY YARBROUGH | |||||||
| DIRECTOR | 003.00 | X | 0 | 0 | 0 | ||
| MARK OUTLER | |||||||
| DIRECTOR | 003.00 | X | 0 | 0 | 0 | ||
| CHARLOTTE AYERS | |||||||
| DIRECTOR | 003.00 | X | 0 | 0 | 0 | ||
| GREG MOORE | |||||||
| PRESIDENT/CEO | 040.00 | 291272 | 0 | 25688 | X | ||
| CORY JOHNSTON | |||||||
| SVP/CIO | 040.00 | 279746 | 0 | 23030 | X | ||
| AMY FULLER | |||||||
| SVP/COO | 040.00 | 178566 | 0 | 19892 | X | ||
| DAWN SIRRAS | |||||||
| SVP/CTO | 040.00 | 150199 | 0 | 22069 | X | ||
| SARINA FREEDLAND | |||||||
| AVP/INVESTMENT SERVICES | 040.00 | 341395 | 0 | 11236 | X | ||
| JEFF ASHE | |||||||
| AVP/INFORMATION TECHNOLOGY | 040.00 | 103643 | 0 | 14355 | X | ||
| BEN LEMOINE | |||||||
| SENIOR INVESTMENT ANALYST | 040.00 | 100324 | 0 | 8949 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1445145 | TotalReportableCompFromOrg |
| Total Other Compensation | 125219 | 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 (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GEORGIA CREDIT UNION AFFILIATES | |||||
| 6705 SUGARLOAF PKWY SUITE 200 | DULUTH | GA | 30097 | STAFFING/RENTAL | 3166783 |
| CORPORATE SYNERGIES LLC | |||||
| 8400 BAYMEADOWS RD SUITE 18 | JACKSONVILLE | FL | 32256 | DATA PROCESSING SYSTEM VENDOR | 124066 |
| OPEN SOLUTIONS INC | |||||
| PO BOX 33473 | HARTFORD | CT | 06150 | DATA PROCESSING SYSTEM VENDOR | 100333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST ON LOANS | 522100 | 366037 | 366037 |
| FEE INCOME | 522100 | 2301028 | 2301028 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2667065 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18242747 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18242747 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 56494696 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 56208570 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 286126 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 286126 | TotalRevenueColumn |
| Related Or Exempt Function Income | 286126 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21195938 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21195938 | RelatedOrExemptFunctionIncome |
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 | 1570364 | Total |
| Program Services | 1570364 | 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 | 852065 | Total |
| Program Services | 852065 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409597 | Total |
| Program Services | 409597 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148629 | Total |
| Program Services | 148629 | 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 | 8439 | Total |
| Program Services | 8439 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146108 | Total |
| Program Services | 146108 | 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 | 225684 | Total |
| Program Services | 225684 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118079 | Total |
| Program Services | 118079 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 288172 | Total |
| Program Services | 288172 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 291886 | Total |
| Program Services | 291886 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165435 | Total |
| Program Services | 165435 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62617 | Total |
| Program Services | 62617 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20859 | Total |
| Program Services | 20859 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15212122 | Total |
| Program Services | 15212122 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 342270 | Total |
| Program Services | 342270 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29974 | Total |
| Program Services | 29974 | ProgramServices |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SEE ATTACHED SCHEDULE | Description |
| Total | 242897 | Total |
| Program Services | 242897 | 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 | 20135197 | Total |
| Program Services | 20135197 | ProgramServices |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 351215 | BOY |
| EOY | 210694 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1831780528 | BOY |
| EOY | 1341738484 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6388014 | BOY |
| EOY | 1816464 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11281463 | BOY |
| EOY | 2622966 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221387 | BOY |
| EOY | 100469 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2358211 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1749149 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 909818 | BOY |
| EOY | 609062 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 179397766 | BOY |
| EOY | 399014582 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 481715948 | BOY |
| EOY | 251839049 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3535247 | BOY |
| EOY | 4396860 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2515581386 | BOY |
| EOY | 2002348630 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3949607 | BOY |
| EOY | 4616944 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2512021166 | BOY |
| EOY | 1996189795 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2515970773 | BOY |
| EOY | 2000806739 | 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 | -389387 | BOY |
| EOY | 1541891 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -389387 | BOY |
| EOY | 1541891 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2515581386 | BOY |
| EOY | 2002348630 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1060741 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 870537 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2358211 | OtherCostOrOtherBasis |
| Depreciation | 1749149 | Depreciation |
| Book Value | 609062 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 609062 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| USC CDS WITH MATURITY GREATER THAN 1 YEAR | 245554458 | F |
| COMMUNITY INVESTMENT FUND | 600000 | F |
| FHLB STOCK | 3782700 | F |
| INVESTMENTS IN CUSOS | 1901891 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 251839049 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DAILY SHARES | $1,580,753,216 |
| CERTIFICATES OF DEPOSIT | $386,833,595 |
| MEMBER CAPITAL SHARES | $28,602,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1996189795 | TotalOfAmounts |
| Total Revenue | 21195938 | TotalRevenue |
| Total Expenses | 20135197 | TotalExpenses |
| Excess Or Deficit For Year | 1060741 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 870537 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 870537 | TotalAdjustments |
| Excess Or Deficit Per FS | 1931278 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21195938 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 21195938 | RevenueSubtotal |
| Total Revenue Per Form990 | 21195938 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20135197 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 20135197 | ExpensesSubtotal |
| Total Expenses Per Form990 | 20135197 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | X | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | FIN 48 IS NOT APPLICABLE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg |
|---|---|---|---|---|---|
| GREG MOORE | |||||
| 281477 | 9795 | 25688 | 316960 | ||
| CORY JOHNSTON | |||||
| 180000 | 5388 | 18000 | 302776 | 94358 | 5030 |
| AMY FULLER | |||||
| 173269 | 5297 | 17327 | 198458 | 2565 | |
| DAWN SIRRAS | |||||
| 144983 | 5216 | 13048 | 172268 | 9021 | |
| SARINA FREEDLAND | |||||
| 82425 | 547 | 8243 | 352631 | 258423 | 2993 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SEE SCHEDULE O | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SEE SCHEDULE O | Relationship |
| Description Of Transaction | SEE SCHEDULE O | DescriptionOfTransaction |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Part VI | 6 | THE ORGANIZATION HAS NATURAL PERSON CREDIT UNION MEMBERS. |
| Form 990 Part VI | 7A | THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS. |
| Form 990 Part VI | 11 | AMY FULLER SVP/COO AND AMANDA HARRELL AVP/CONTROLLER ARE RESPONSIBLE FOR THE REVIEW AND FILING OF THE FORM 990. |
| Form 990 Part VI | 12C | ANNUALLY THE COMPANYS COMPLIANCE OFFICER PRESENTS AN ETHICS AND CONFIDENTIALITY TRAINING SESSION FOR THE BOARD OF DIRECTORS AND COMMITTEE MEMBERS, WHICH IS MANDATORY. AT THIS TIME THESE INDIVIDUALS ARE REMINDED OF THE POLICY RELATED TO CONFLICTS OF INTEREST AND ENCOURAGED TO REPORT ANY SUCH CONFLICTS TO THE SUPERVISORY COMMITTEE CHAIRMAN. FURTHER, EACH PACKAGE OF INFORMATION PROVIDED TO THE BOARD OF DIRECTORS AND COMMITTEE MEMBERS INCLUDES A REMINDER REGARDING CONFIDENTIALITY AND CONFLICTS OF INTEREST. FROM TIME TO TIME, A DIRECTOR WILL RECUSE HIM OR HERSELF FROM DISCUSSION OR VOTING AS DEEMED APPRORIATE. |
| Form 990 Part VI | 15B | THE COMPANYS PRESIDENT/CEO IS HIRED BY A SPECIAL SEARCH COMMITTEE OF THE BOARD OF DIRECTORS THAT MAKES USE OF INDUSTRY DATA TO ESTABLISH AN APPROPRIATE COMPENSATION PACKAGE. THE PRESIDENT/CEOS PERFORMANCE APPRAISAL IS UNDERTAKEN ANNUALLY BY THE EXECUTIVE COMMITTEE, MADE UP OF CERTAIN OFFICERS OF THE BOARD. THIS BODY CONSULTS INDUSTRY SPECIFIC RESEARCH, INCLUDING DATA HOUSED IN COMPEASE, A SYSTEM UTILIZED TO ESTABLISH PAY RANGES FOR ALL COMPANY EMPLOYEES, AND SURVEY OF OTHER CORPORATE CREDIT UNIONS PERFORMED ANNUALLY BY KOKER-GOODWIN AND ASSOCIATES. THE EXECUTIVE COMMITTEES MEETING MINUTES ARE AVAILABLE TO SUBSTANTIATE THE DISCUSSION SURROUNDING THE APPRAISAL, SALARY SETTING AND BONUS CONSIDERATION FOR THE PRESIDENT/CEO. |
| Form 990 Part VI | 15B | THIS COMMITTEE REVIEWS A DETAILED REPORT OF PROGRESS TOWARD ACHIEVING COMPANY-WIDE GOALS DURING THE PRIOR YEAR AND PRE-ESTABLISHED PERFORMANCE MEASURES TO INFORM THEIR DECISION. OTHER SENIOR EXECUTIVES RECEIVE ANNUAL PERFORMANCE APPRAISALS FROM THE PRESIDENT/CEO AT WHICH TIME A DETERMINATION IS MADE REGARDING THE PAYMENT OF INCENTIVE COMPENSATION UP TO 15 OF SALARY ANNUALLY, WHICH IS TIED DIRECTLY TO THE ACHIEVEMENT OF PRE-DEFINED GOALS AND ORGANIZATIONAL PERFORMANCE MEASURES, AS WELL AS ONGOING FUTURE COMPENSATION. THIS APPRAISAL INCLUDES THE USE OF IPERFORMEASE, A SYSTEM DEVELOPED TO TRACK AND MEASURE PERFORMANCE RELATIVE TO SPECIFIC JOB EXPECTATIONS, AS WELL AS THE COMPEASE SALARY SYSTEM FOR DETERMINING ANY CHANGES TO COMPENSATION. |
| Form 990 Part VI | 15B | THE PRESIDENT/CEO INDEPENDENTLY DETERMINES THE PAY AND BENEFITS FOR THE SENIOR EXECUTIVE TEAM, WITHIN THE CONSTRAINTS OF THE BUDGET SET FORTH BY THE BOARD OF DIRECTORS. EMPLOYEE FILES INCLUDE A REPRESENTATION OF FACTORS CONSIDERED DURING THE APPRAISAL PROCESS. |
| Form 990 Part VI | 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| Form 990 Part IV | 28C | WE HAVE ANSWERED YES TO THIS QUESTION BECAUSE ALL OF OUR BOARD OFFICERS AND TRUSTEES ARE OFFICERS OF THEIR RESPECTIVE CREDIT UNIONS. THESE CREDIT UNIONS ARE MEMBERS OF OUR ORGANIZATION AND CONDUCT BUSINESS WITH GEORGIA CENTRAL CREDIT UNION. ADDITIONALLY, OUR CEO SAT ON THE BOARDS OF PRIMARY FINANCIAL, U.S. CENTRAL AND CORPORATE SYNERGIES, WHO WE ALL DO BUSINESS WITH. HOWEVER, WE DID NOT COMPLETE SCHEDULE L PART IV BECAUSE ALL OF THE ABOVE-MENTIONED POSITIONS ARE VOLUNTEER POSITIONS AND THESE INDIVIDUALS ARE NOT COMPENSATED IN THESE ROLLS. |
| Form 990 | AT THE END OF 2010, GEORGIA CENTRAL CREDIT UNION CHANGED ITS CHARTER FROM STATE TO FEDERAL AND BECAME GEORGIA CORPORATE FEDERAL CREDIT UNION. FEDERAL CREDIT UNIONS ARE NOT REQUIRED TO FILE FORM 990, THEREFORE THIS IS THE FINAL 990 FILING FOR GEORGIA CENTRAL CREDIT UNION. | |
| Form 990 Part XI | 5 | UNREALIZED GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE FOR SALE. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CORPORATE SYNERGIES LLC | |||||||||||||
| 8400 BAYMEADOWS RD SUITE 18 | JACKSONVILLE | FL | 32256 | 900265395 | DATA PROCESSING | FL | N/A | Related | 65 | 155899 | false | false | 0.24000 |
| MEMBER BUSINESS SOLUTIONS LLC | |||||||||||||
| 3692 COOLIDGE COURT SUITE 200 | TALLAHASSEE | FL | 32311 | 200746949 | SUPPORT | FL | N/A | Related | 114327 | 3326251 | false | false | 0.33330 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA CREDIT UNION AFFILIATES | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6705 SUGARLOAF PARKWAY SUITE 200 | AddressLine1 |
| City | DULUTH | City |
| State | GA | State |
| ZIP Code | 30097 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581556060 | EIN |
| Primary Activity | ADMINISTRATIVE | PrimaryActivity |
| Legal Domicile State | GA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C Corp | TypeOfEntity |
| Share Of Total Income | 12158 | ShareOfTotalIncome |
| Share Of EOY Assets | 872454 | ShareOfEOYAssets |
| Percentage Ownership | 0.33000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | 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 |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | 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 |
|---|---|---|
| GEORGIA CREDIT UNION AFFILIATES | ||
| j | 185095 | FINANCIAL STATEMENTS |
| CORPORATE SYNERGIES LLC | ||
| i | 2310 | INVOICES |
| CORPORATE SYNERGIES LLC | ||
| o | 124066 | INVOICES |
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