2024-05-14T18:55:58-05:00 2023-06-30 382492570 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 103 MIAMI FL 33193 990 2023-01-01 581256173 HEALTH CENTER CREDIT UNION HEAL 7064341600 1424 WALTON WAY AUGUSTA GA 30901 STACY A TALLENT PRESIDENT 7064341600 2024-05-14 STACY TALLENT 999009999 0 JOHN J MURNANE JR P03021572 3052328272 2024-05-14 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X STACY A TALLENT 1424 WALTON WAY AUGUSTA GA 30901 1518327 0 X WWW.HCCU.COOP X 1976 GA STATE CHARTERED CREDIT UNION - PROVIDES DEPOSIT PRODUCTS, PAYMENT SERVICES, AUTO LOANS, ATM SERVICES, VISA CREDIT CARDS AND SAFE DEPOSIT BOXES FOR THE MEMBERS. ALSO, SALE OF LOAN PROTECTION PRODUCTS SUCH AS GAP, WARRANTIES, AND SINGLE PREMIUM LIFE AND DISABILITY. X 10 10 18 10 9620 0 0 0 3644669 1851595 332842 -345875 7014 12607 3984525 1518327 0 35157 0 0 1339379 676357 0 0 0 2039585 1964577 3378964 2676091 605561 -1157764 71894689 0 1494088 0 70400601 0 X STATE CHARTERED CREDIT UNION - PROVIDES DEPOSIT PRODUCTS, PAYMENT SERVICES, AUTO LOANS, ATM SERVICES, VISA CREDIT CARDS AND SAFE DEPOSIT BOXES FOR THE MEMBERS. ALSO, SALE OF LOAN PROTECTION PRODUCTS SUCH AS GAP, WARRANTIES, AND SINGLE PREMIUM LIFE AND DISABILITY. 0 1 HEALTH CENTER CREDIT UNION PROVIDES AUTO LOANS, VISA CARDS, SAFE DEPOSIT BOXES, DEPOSIT PRODUCTS AND ATM SERVICES. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 1 18 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X STACY A TALLENT 7064341600 1424 WALTON WAY AUGUSTA GA 30901 ROBERT GRAYBILL BOARD MEMBER 1.00 X 0 0 0 CHARLES SANFORD BOARD MEMBER 1.00 X 0 0 0 MIKE WREN BOARD MEMBER 1.00 X 0 0 0 DALTON BRANNEN BOARD MEMBER 1.00 X 0 0 0 ANTHONY WRIGHT BOARD MEMBER 1.00 X 0 0 0 LIBBY POTEET BOARD CHAIRPERSON 1.00 X 0 0 0 AISHA LAVIN BOARD VICE CHAIRPERSON 1.00 X 0 0 0 CAROLYN BURNS BOARD MEMBER 1.00 X 0 0 0 JACK EVANS BOARD SECRETARY/TREASURER 1.00 X 0 0 0 PATRICK HATCH BOARD MEMBER 1.00 X 0 0 0 STACY A TALLENT PRESIDENT/CEO 40.00 X 64723 0 21992 LISA B MAHAFFEY SENIOR VICE PRESIDENT 40.00 X 54735 0 17308 MELISSA K HAFFLY VICE PRESIDENT 40.00 X 37684 0 10704 157142 0 50004 0 0 0 0 FISERV PO BOX 934057 ATLANTA GA 31193 DATA PROCESSING 137481 1 INCOME FROM LOANS 522100 1222415 1222415 SHARE DRAFT FEES 522100 466143 466143 FEES & CHARGES 522100 131612 131612 VISA VARD INCOME 522100 21805 21805 FINANCE AND INSURANCE 520000 9620 9620 1851595 -345875 -345875 OTHER OPERATING INCOME 522100 12607 12607 12607 1518327 1508707 9620 0 X 35157 207146 259421 91663 85352 32775 30000 113701 93441 88961 241958 16690 77203 67338 20438 CONTRACT TERMINATION EX 694000 PLL 231171 DEBIT CARD EXPENSE 115108 ATM EXPENSE 65422 109146 2676091 1798002 0 0 0 42055317 0 0 0 0 0 40653 0 0 3674513 0 0 0 0 0 24326204 0 71894689 0 1144326 349762 1494088 0 X 70400601 0 0 0 0 0 70400601 0 71894689 0 X -1157764 -69242837 X 0 0 0 1 AUGUSTA UNIVERSITY FOUNDATION 1120 15TH STREET AD-1104 AUGUSTA GA 30912 586038134 501(C)(3) 35157 0 CHARITABLE CONTRIBUTION 1 0 PART I, LINE 2: THIS IS A CHARITABLE CONTRIBUTION, NOT A GRANT. THERE IS NO SUBSEQUENT MONITORING BY THE CREDIT UNION. CASH AND CASH EQUIVALENTS 2023-06-30 12394355 INDEPENDENT VALUATION 580147128 GEORGIA'S OWN CREDIT UNION 100 PEACHTREE ST NW STE 2800 ATLANTA GA 30303 501(C)(14) LOANS TO MEMBERS 2023-06-30 40927439 INDEPENDENT VALUATION 580147128 GEORGIA'S OWN CREDIT UNION 100 PEACHTREE ST NW STE 2800 ATLANTA GA 30303 501(C)(14) PROPERTY AND EQUIPMENT 2023-06-30 3624128 INDEPENDENT VALUATION 580147128 GEORGIA'S OWN CREDIT UNION 100 PEACHTREE ST NW STE 2800 ATLANTA GA 30303 501(C)(14) OTHER ASSETS 2023-06-30 1050782 INDEPENDENT VALUATION 580147128 GEORGIA'S OWN CREDIT UNION 100 PEACHTREE ST NW STE 2800 ATLANTA GA 30303 501(C)(14) INVESTMENT SECURITIES 2023-06-30 13422512 INDEPENDENT VALUATION 580147128 GEORGIA'S OWN CREDIT UNION 100 PEACHTREE ST NW STE 2800 ATLANTA GA 30303 501(C)(14) 0 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: STACY TALLENT, MELISSA HAFFLY, LISA MAHAFFEY PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: STACY TALLENT WAS THE CEO OF HEALTH CENTER CREDIT UNION AND BECAME EAST REGION PRESIDENT FOR GEORGIA'S OWN CREDIT UNION. MELISSA HAFFLY WAS THE VP OF OPERATIONS OF HEALTH CENTER CREDIT UNION AND BECAME RETAIL AREA DIRECTOR FOR GEORGIA'S OWN CREDIT UNION.LISA MAHAFFEY WAS THE SVP OF HEALTH CENTER CREDIT UNION AND BECAME DIRECTOR OF ADMIN AND LENDING FOR THE EAST REGION FOR GEORGIA'S OWN CREDIT UNION. FORM 990, PART III, LINE 3 HEALTH CENTER CREDIT UNION MERGED ITS ASSETS INTO GEORGIA'S OWN CREDIT UNION EFFECTIVE JULY 1, 2023. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS WILL CONTINUE UNDER GEORGIA'S OWN CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 4 HEALTH CENTER CREDIT UNION MERGED ITS ASSETS INTO GEORGIA'S OWN CREDIT UNION EFFECTIVE JULY 1, 2023. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS WILL CONTINUE UNDER GEORGIA'S OWN CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 HEALTH CENTER CREDIT UNION IS A STATE-CHARTERED CREDIT UNION. EVERY INDIVIDUAL WHO HAS A SAVINGS ACCOUNT WITH THE CREDIT UNION IS CONSIDERED A MEMBER OF THE ORGANIZATION. EVERY MEMBER HAS ONE VOTE. MEMBERS CAN ELECT BOARD MEMBERS OF THE GOVERNING BODY. MAJOR DECISIONS INVOLVING CONVERSION OR MERGER OF CREDIT UNION CHARTER MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS CAN ELECT BOARD MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ANY MAJOR DECISION INVOLVING CONVERSION OR MERGER OF CREDIT UNION CHARTER MUST BE APPROVED BY THE MEMBERS. DURING 2023, HEALTH CENTER CREDIT UNION MEMBERS VOTED ON BECOMING PART OF GEORGIA'S OWN CREDIT UNION. HEALTH CENTER CREDIT UNION MEMBERS OVERWHELMINGLY APPROVED THE MERGER. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION MONITORS AND ENFORCES THE CONFLICT-OF-INTEREST POLICY THROUGH REQUIRING EMPLOYEES, MANAGEMENT, AND DIRECTORS TO DISCLOSE CONFLICTS OF INTEREST ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY AN ANNUAL PERFORMANCE REVIEW CONDUCTED BY THE CHAIRMAN OF THE BOARD DURING THE FIRST QUARTER OF THE YEAR. AS A DEPARTMENT OF THE UNIVERSITY SYSTEM OF GEORGIA, MERIT INCREASE RANGES ARE DETERMINED BY THE BOARD OF REGENTS. ANNUAL MERIT INCREASES IN EACH DEPARTMENT ARE DETERMINED BY THE DEPARTMENT MANAGER (CREDIT UNION PRESIDENT AND ALCO CHAIRMAN). OTHER OFFICERS' COMPENSATION IS DETERMINED BY ANNUAL PERFORMANCE REVIEW CONDUCTED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE DISPLAYED IN EACH OF THE CREDIT UNION'S BRANCHES. OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORMS 990 AND 990-T ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E LOAN SERVICING 57,218. MISCELLANEOUS 21,200. MAINTENANCE 15,728. EDUCATION 15,000. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS (WHICH INCLUDED MEMBER DEPOSITS IN THE 2022 FORM 990) THROUGH A MERGER INTO GEORGIA'S OWN CREDIT UNION -69,242,837. AUGUSTA UNIVERSITY 1120 15TH STREET HSB 122 AUGUSTA GA 30912 586002053 EDUCATIONAL GA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 AUGUSTA UNIVERSITY P 637116 ACTUAL PAID PER INVOICE