STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0873652)
- Tax period
- 2025-01-01 to 2025-09-30
- Filed
- 2026-08-14
- IRS object ID
- 202612269349302421
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-08-14T13:55:51-05:00 | ReturnTs |
| Tax Period End | 2025-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 994260840 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOEREN MAYHEW | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8785 SW 165TH AVE STE 303 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33193 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590873652 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE CHARTERED CREDIT UNIONS IN FLORIDA | BusinessNameLine1Txt |
| Business Name Line2 | ENVISION CREDIT UNION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STAT | BusinessNameControlTxt |
| Phone | 8509429000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2082 SUMMIT LAKE DRIVE | AddressLine1Txt |
| City | TALLAHASSEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32317 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MR DARRYL WORRELL | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 8509429000 | PhoneNum |
| Signature | 2026-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AUBREY CLEGG | PreparerPersonNm |
| PTIN | P01076395 | PTIN |
| Phone | 3052328272 | PhoneNum |
| Preparation | 2026-08-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENVISION CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MR DARRYL WORRELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2082 SUMMIT LAKE DRIVE | AddressLine1Txt |
| City | TALLAHASSEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32317 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,810,099 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 2106 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ENVISIONCU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1954 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE INNOVATIVE PRODUCTS AND FINANCIAL EDUCATION TO OUR MEMBERS AND SUPPORT OUR LOCAL COMMUNITIES TO PROMOTE GREATER ECONOMIC OPPORTUNITY. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 276 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $7,013 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $46,056,802 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,573,853 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,235,101 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,249,374 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,582,935 | PYOtherRevenueAmt |
| CY Other Revenue | $6,986,872 | CYOtherRevenueAmt |
| PY Total Revenue | $60,874,838 | PYTotalRevenueAmt |
| CY Total Revenue | $45,810,099 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,846,838 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,069,206 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,289,067 | PYOtherExpensesAmt |
| CY Other Expenses | $40,477,791 | CYOtherExpensesAmt |
| PY Total Expenses | $57,135,905 | PYTotalExpensesAmt |
| CY Total Expenses | $56,546,997 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,738,933 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$10,736,898 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $839,902,667 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $773,886,424 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $66,016,243 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE INNOVATIVE PRODUCTS AND FINANCIAL EDUCATION TO OUR MEMBERS AND SUPPORT OUR LOCAL COMMUNITIES TO PROMOTE GREATER ECONOMIC OPPORTUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Desc | INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | Yes (1) | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 11659 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 276 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | QING LU | PersonNm |
| Phone | 4077085812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 PRIMERA BLVD | AddressLine1Txt |
| City | LAKE MARY | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32746 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DR CASSANDRA GRAYSON | ||||||||
| BOARD CHAIRPERSON | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| DAVID HELTON | ||||||||
| SUPERVISORY COMMITTEE MEMB | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| H EUGENE MCNEASE | ||||||||
| BOARD VICE CHAIRPERSON | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| LINDA SMITH | ||||||||
| BOARD TREASURER | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| H EUGENE MORGAN | ||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| DR CHRISTOPHER SMALL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| CHANDLER BAGGETT | ||||||||
| SUPERVISORY COMMITTEE MEMB | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| DR RONALD CARNEY | ||||||||
| SUPERVISORY COMMITTEE MEMB | 1.00 | Yes (X) | $600 | $0 | $0 | |||
| DARRYL G WORRELL | ||||||||
| PRESIDENT/CEO | 40.00 | $920,159 | $0 | $54,287 | Yes (X) | |||
| BOB DOBY JR | ||||||||
| INTERIM CFO | 26.00 | $0 | $0 | $0 | Yes (X) | |||
| HOLLIE MADDOX | ||||||||
| SVP CHIEF OPERATIONS OFFIC | 40.00 | $274,694 | $0 | $28,431 | Yes (X) | |||
| RUDOLPH ARCEO | ||||||||
| SVP STRATEGIC DEVELOPMENT | 40.00 | $255,840 | $0 | $26,697 | Yes (X) | |||
| GRADY HUDSON | ||||||||
| SVP CHIEF INFORMATION OFFI | 25.00 | $505,838 | $0 | $33,872 | Yes (X) | |||
| RUTHELLEN CALDWELL | ||||||||
| VP FINANCIAL CENTERS | 40.00 | $139,137 | $0 | $15,108 | Yes (X) | |||
| MINDY DESHERLIA | ||||||||
| VP REMOTE DELIVERY SERVICE | 40.00 | $109,079 | $0 | $16,243 | Yes (X) | |||
| AMBER STEPHENS | ||||||||
| VP RISK & COMPLIANCE | 40.00 | $101,062 | $0 | $14,900 | Yes (X) | |||
| WILLIAM ROGERS | ||||||||
| AVP IT FACILITIES | 40.00 | $105,987 | $0 | $7,213 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,416,596 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $196,751 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CONSTRUCTION & MAINTENANCE SPECIALISTS L | |||||
| 3618 N MONROE ST | TALLAHASSEE | FL | 32303 | COMMERCIAL MAINTENANCE SERVICES | $3,733,095 |
| UNITED SOLUTIONS COMPANY | |||||
| PO BOX 5496 | TALLAHASSEE | FL | 32314 | OPTICAL & NETOWRK SERVICES | $2,515,918 |
| FISERV INC | |||||
| PO BOX 934057 | ATLANTA | GA | 31193 | CREDIT/DEBIT CARD SERVICES | $1,789,028 |
| CARDTRONICS USA INC | |||||
| PO BOX 4346 DEPARTMENT 364 | HOUSTON | TX | 772104346 | ONLINE BANKING SERVICES & ITM/ATM MAINTE | $978,413 |
| CREATIVE SIGN DESIGNS LLC | |||||
| PO BOX 748345 | ATLANTA | GA | 303748345 | MARKETING COMMUNICATIONS SERVICES | $876,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 23 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $26,815,000 | $26,815,000 | |
| FEES/CHARGES/OTHER | 522100 | $6,751,840 | $6,751,840 | |
| FINANCE AND INSURANCE | 520000 | $7,013 | $7,013 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,573,853 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,249,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,249,374 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $150,229 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $150,229 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,229 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $150,229 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER OPERATING INCOME | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $6,836,643 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,836,643 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,836,643 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,810,099 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $45,803,086 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,013 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,104,618 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,874,516 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,266,691 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $823,381 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,761 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,762 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,752 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,854,874 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,219,561 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,144,159 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,980,854 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $626,538 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,086 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,433 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,504,003 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,248 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,563,192 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,889 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $7,331,936 |
| VISA/DEBIT FEES/CHARGES | $4,053,941 |
| LOAN SERVICING | $3,249,264 |
| EQUIPMENT RENTAL/MAINTE | $3,067,393 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,934,145 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,546,997 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,366,807 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,619,433 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,725,743 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,467,795 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $607,346,275 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,460,894 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,500,623 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,187,153 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,542,465 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,685,479 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $839,902,667 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,655,443 | BOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,000,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $742,230,981 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $773,886,424 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,016,243 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,016,243 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $839,902,667 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$10,736,898 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,666,345 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$62,945,690 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DARRYL G WORRELL | ||||||||||||||
| PRESIDENT/CEO | $316,929 | $0 | $74,518 | $0 | $528,712 | $0 | $21,000 | $0 | $33,287 | $0 | $974,446 | $0 | $0 | $0 |
| GRADY HUDSON | ||||||||||||||
| SVP CHIEF INFORMATION OFFI | $467,553 | $0 | $25,307 | $0 | $12,978 | $0 | $20,804 | $0 | $13,068 | $0 | $539,710 | $0 | $0 | $0 |
| HOLLIE MADDOX | ||||||||||||||
| SVP CHIEF OPERATIONS OFFIC | $195,230 | $0 | $48,521 | $0 | $30,943 | $0 | $15,825 | $0 | $12,606 | $0 | $303,125 | $0 | $0 | $0 |
| RUDOLPH ARCEO | ||||||||||||||
| SVP STRATEGIC DEVELOPMENT | $189,277 | $0 | $51,295 | $0 | $15,268 | $0 | $15,328 | $0 | $11,369 | $0 | $282,537 | $0 | $0 | $0 |
| RUTHELLEN CALDWELL | ||||||||||||||
| VP FINANCIAL CENTERS | $94,001 | $0 | $26,917 | $0 | $18,219 | $0 | $4,161 | $0 | $10,947 | $0 | $154,245 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE ORGANIZATION DOES HAVE POLICIES IN PLACE FOR COMPANION TRAVEL AND SOCIAL CLUB DUES. NO POLICY FOR GROSS UP PAYMENTS. |
| PART I, LINE 4B | DARRYL WORRELL PARTICIPATES IN A SECURED SPLIT DOLLAR PROGRAM WHERE BY ENVISION CREDIT UNION LOANS THE OFFICER FUNDS FOR THE PURCHASE OF TWO LIFE INSURANCE POLICIES. THE FIRST POLICY IS KNOWN AS THE REPAYMENT POLICY AND IS DESIGNED TO REPAY THE CREDIT UNION THE AMOUNT OF THE LOAN PLUS INTEREST UPON THE DEATH OF THE INSURED. THE PURPOSE OF THE SECOND POLICY IS TO SUPPLEMENT THE EXECUTIVE'S RETIREMENT INCOME. DARRYL WORRELL RECEIVED A BENEFIT PAYOUT ($426,722) FROM HIS RETENTION AGREEMENT WITH ENVISION CREDIT UNION. THE BENEFIT WAS FULLY ACCRUED BY ENVISION CREDIT UNION. PAYMENT OCCURED DURING APRIL 2025. THE EARNINGS WERE REPORTED BY ADDITION FINANCIAL CREDIT UNION VIA FORM 1099-MISC. THIS COMPENSATION IS INCLUDED IN TOTAL COMPENSATION REPORTED IN PART VII. |
Schedule N IRS990ScheduleN
Liquidation Of Assets Table LiquidationOfAssetsTableGrp
Liquidation Of Assets Detail LiquidationOfAssetsDetail (5 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | EINEIN | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|---|
| ADDITION FINANCIAL CREDIT UNION | |||||||||
| LOANS TO MEMBERS | 2025-10-01 | $546,079,046 | INDEPENDENT THIRD PARTY VALUATION | 590678236 | 1000 PRIMERA BLVD | LAKE MARY | FL | 32746 | 501(C)(14) |
| ADDITION FINANCIAL CREDIT UNION | |||||||||
| CASH AND CASH EQUIVALENTS | 2025-10-01 | $64,097,277 | INDEPENDENT THIRD PARTY VALUATION | 590678236 | 1000 PRIMERA BLVD | LAKE MARY | FL | 32746 | 501(C)(14) |
| ADDITION FINANCIAL CREDIT UNION | |||||||||
| INVESTMENTS | 2025-10-01 | $110,895,273 | INDEPENDENT THIRD PARTY VALUATION | 590678236 | 1000 PRIMERA BLVD | LAKE MARY | FL | 32746 | 501(C)(14) |
| ADDITION FINANCIAL CREDIT UNION | |||||||||
| PROPERTY AND EQUIPMENT | 2025-10-01 | $33,111,103 | INDEPENDENT THIRD PARTY VALUATION | 590678236 | 1000 PRIMERA BLVD | LAKE MARY | FL | 32746 | 501(C)(14) |
| ADDITION FINANCIAL CREDIT UNION | |||||||||
| OTHER ASSETS | 2025-10-01 | $48,306,893 | INDEPENDENT THIRD PARTY VALUATION | 590678236 | 1000 PRIMERA BLVD | LAKE MARY | FL | 32746 | 501(C)(14) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | Yes (1) | DirectorOfSuccessorInd |
| Employee Of Successor | Yes (1) | EmployeeOfSuccessorInd |
| Owner Of Successor | 0 | OwnerOfSuccessorInd |
| Receive Compensation | 0 | ReceiveCompensationInd |
| Assets Distributed | Yes (1) | AssetsDistributedInd |
| Required To Notify AG | Yes (1) | RequiredToNotifyAGInd |
| Attorney General Notified | Yes (1) | AttorneyGeneralNotifiedInd |
| Liabilities Paid | Yes (1) | LiabilitiesPaidInd |
| Bonds Outstanding | 0 | BondsOutstandingInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2E: | PERSON(S) INVOLVED: CASSANDRA GRAYSON, CHRISTOPHER SMALL, AND CHANDLER BAGGETT DARRYL WORRELL, HOLLIE MADDOX, RUTH ELLEN CALDWELL, MELISSA HEWETT, MINDY DESHERLIA, AMBER STEPHENS, AND WILLIAM ROGERS |
| PART I, LINE 2E: | EXPLANATION OF INVOLVEMENT: CASSANDRA GRAYSON, CHRISTOPHER SMALL, AND CHANDLER BAGGETT BECAME MEMBERS OF THE BOARD OF DIRECTORS FOR ADDITION FINANCIAL CREDIT UNION.THE BELOW-LISTED ENVISION EMPLOYEES BECAME EMPLOYEES OF ADDITION FINANCIAL CREDIT UNION. THEIR POSITIONS AT ADDITION FINANCIAL CREDIT UNION ARE PROVIDED BELOW AS WELL.DARRYL WORRELL - SENIOR VICE PRESIDENT STRATEGIC ADVISORHOLLIE MADDOX - SENIOR VICE PRESIDENT OF DIGITAL MEMBER SERVICESRUTH ELLEN CALDWELL - REGIONAL DIRECTOR OF RETAIL OPERATIONSMELISSA HEWETT - RESIDENTIAL LENDING MANAGERMINDY DESHERLIA - DIRECTOR OF VIRTUAL SERVICESAMBER STEPHENS - DIRECTOR OF ENTERPRISE RISK MANAGEMENT WILLIAM ROGERS - SENIOR NETWORK ADMINISTRATOR |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | FOLLOWING REGULATORY APPROVAL AND A VOTE BY THE MEMBERS OF ENVISION CREDIT UNION ON SEPTEMBER 12, 2025, ENVISION CREDIT UNION MERGED ITS ASSETS INTO ADDITION FINANCIAL CREDIT UNION EFFECTIVE OCTOBER 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF ENVISION CREDIT UNION WILL CONTINUE UNDER ADDITION FINANCIAL CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 3 | BOB DOBY JR. OF DJ CONSULTING, INC. PERFORMED THE FUNCTION OF INTERIM CFO FOR THE CREDIT UNION DURING 2025. IN HIS ROLE AS INTERIM CFO, BOB OVERSAW THE ACCOUNTING AND FINANCIAL REPORTING FUNCTIONS. BOB RECEIVED COMPENSATION OF $164,715 FOR SERVICES PERFORMED FOR ENVISION CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 4 | ENVISION CREDIT UNION MERGED ITS ASSETS INTO ADDITION FINANCIAL CREDIT UNION EFFECTIVE OCTOBER 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF ENVISION CREDIT UNION WILL CONTINUE UNDER ADDITION FINANCIAL CREDIT UNION. |
| 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. EACH MEMBER HAS ONLY ONE VOTE; IT IS NOT POSSIBLE FOR A SINGLE MEMBER TO ELECT A MEMBER TO THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FOLLOWING REGULATORY APPROVAL, THE MERGER OF ENVISION CREDIT UNION INTO ADDITION FINANCIAL CREDIT UNION WAS APPROVED BY MEMBERS OF ENVISION CREDIT UNION VIA A SPECIAL VOTE WHICH OCCURRED ON SEPTEMBER 12, 2025. |
| FORM 990, PART VI, SECTION B, LINE 11B | WHEN THE FORM 990 HAS BEEN COMPLETED BY THE CPA FIRM AND RECEIVED BY ENVISION CREDIT UNION, IT IS REVIEWED FIRST BY THE CFO FOR ACCURACY, THEN BY THE CEO AND LATER BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | COMPLIANCE WITH THE CREDIT UNION'S OFFICER, DIRECTOR, AND EMPLOYEE POLICIES REGARDING CONFLICTS OF INTEREST ARE ADDRESSED IN THE RELATED POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | IT IS THE POLICY OF THE CREDIT UNION TO PAY COMPENSATION THAT IS NON-DISCRIMINATORY AND COMPETITIVE. HOWEVER, ALL COMPENSATION POLICY DECISIONS MUST TAKE INTO CONSIDERATION, ENVISION CREDIT UNION'S OVERALL FINANCIAL CONDITION AND COMPETITIVE POSITION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CREDIT UNION'S GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE NCUA WEBSITE, VIA THE QUARTERLY 5300 FILING. |
| FORM 990, PART IX, LINE 24E | MISC. EXPENSE 1,339,741. ATM/DEBIT VISA NETWORK COSTS 671,174. REAL ESTATE/TANGIBLE TAXES 277,619. FRAUD LOSSES 210,139. ATM/DEBIT MISC LOSSES 172,748. NCUA ASSESSMENT 153,438. EDUCATION 60,111. CASH OVER/SHORT 35,846. OREO 13,329. |
| FORM 990, PART XI, LINE 9: | BOOK VALUE OF NET ASSETS (INCLUSIVE OF MEMBER DEPOSITS) TRANSFERRED TO ADDITION FINANCIAL CREDIT UNION AS A RESULT OF A MERGER -62,945,690. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1ST MEMBER INSURANCE GROUP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 EAST WASHINGTON STREET | AddressLine1Txt |
| City | CHATTAHOOCHEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32324 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141925692 | EIN |
| Primary Activities | INSURANCE & FINANCIAL PLAN | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | -$5,407 | TotalIncomeAmt |
| End Of Year Assets | $221,286 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENVISION CREDIT UNION | BusinessNameLine1Txt |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDRIVE LENDING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2806 SHARER ROAD | AddressLine1Txt |
| City | TALLAHASSEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461603351 | EIN |
| Primary Activities | INDIREDCT AUTO LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Share Of Total Income | $86 | ShareOfTotalIncomeAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.33400 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED SOLUTIONS COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5496 | AddressLine1Txt |
| City | TALLAHASSEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592285914 | EIN |
| Primary Activities | CU SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $727,788 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $8,437,758 | ShareOfEOYAssetsAmt |
| Ownership | 0.67790 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| UNITED SOLUTIONS COMPANY | ||
| M | $1,860,220 | ACTUAL DATA PROCESSING EXPENSE |
| UNITED SOLUTIONS COMPANY | ||
| A | $239,321 | ACTUAL INTEREST EARNED ON LOAN |
| UNITED SOLUTIONS COMPANY | ||
| D | $4,352,733 | PRINCIPAL BALANCE ON LOAN TO USC |
| UNITED SOLUTIONS COMPANY | ||
| S | $1,516,386 | USC DEPOSITS AT ENVISION CU |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE R, PART III | ENVISION CREDIT UNION DIVESTED FROM IDRIVE LENDING, LLC IN THE BEGINNING OF 2025. |
| FORM 990, SCHEDULE R, PART V | TRANSACTIONS AND BALANCES RELATED TO ENVISION'S RELATIONSHIP WITH UNITED SOLUTIONS COMPANY WERE TRANSFERRED TO ADDITION FINANCIAL CREDIT UNION IN THE MERGER. |
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