Harvesters Credit Union: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- Harvesters Credit Union (EIN 59-0650050)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-10
- IRS object ID
- 202312839349300231
- Schema version
- 2022v5.0
- 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 | 2023-10-10T11:39:00-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721506949 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Griffin and Company LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 983 | AddressLine1Txt |
| City | Mandeville | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70470 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590650050 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Harvesters Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARV | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 480 S Highway 29 | AddressLine1Txt |
| City | Cantonment | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32533 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Debrabant | PersonNm |
| Person Title | VP of Finance | PersonTitleTxt |
| Phone | 8508574328 | PhoneNum |
| Signature | 2023-08-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Jennifer | PersonFirstNm |
| Person Last | Debrabant | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robert J Furman CPA | PreparerPersonNm |
| PTIN | P00364352 | PTIN |
| Phone | 9857279924 | PhoneNum |
| Preparation | 2023-10-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,809,034 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2021 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | The credit unions mission is to promote thrift among its members and create a source of credit for them at legitimate rates of interest. The credit union serves members in Escambia, Santa Rosa, Okaloosa, Walton, and Bay counties in Florida. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 113 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $61,940 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,293,341 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,005,329 | CYProgramServiceRevenueAmt |
| PY Investment Income | $103,507 | PYInvestmentIncomeAmt |
| CY Investment Income | $196,422 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,543,268 | PYOtherRevenueAmt |
| CY Other Revenue | $6,189,798 | CYOtherRevenueAmt |
| PY Total Revenue | $8,940,116 | PYTotalRevenueAmt |
| CY Total Revenue | $18,391,549 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,685,026 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,521,337 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,782,922 | PYOtherExpensesAmt |
| CY Other Expenses | $8,577,153 | CYOtherExpensesAmt |
| PY Total Expenses | $8,467,948 | PYTotalExpensesAmt |
| CY Total Expenses | $16,098,490 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $472,168 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,293,059 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $260,289,756 | TotalAssetsBOYAmt |
| Total Assets EOY | $307,199,690 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $243,974,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $289,149,079 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,315,109 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,050,611 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The credit unions mission is to promote thrift among its members and create a source of credit for them at legitimate rates of interest. The credit union serves members in Escambia, Santa Rosa, Okaloosa, Walton, and Bay counties in Florida. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $16,098,490 | ExpenseAmt |
| Desc | IN OUR EFFORTS TO PROMOTE THRIFT AMONG OUR MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, CERTIFICATE OF DEPOSIT ACCOUNTS AS WELL AS IRA SAVINGS AND CERTIFICATE OF DEPOSIT ACCOUNTS. TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, THE CREDIT UNION PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER AND MORTGAGE LENDING PRODUCTS AT REASONABLE RATES OF INTEREST. | Desc |
| Total Program Service Expenses | $16,098,490 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3830 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 113 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Debrabant | PersonNm |
| Phone | 8508574328 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 480 S Highway 29 | AddressLine1Txt |
| City | Cantonment | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32533 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Keith Golden | ||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $363,956 | $0 | $0 | ||
| Nancy Connelly | ||||||||
| Mortgage Loan Officer | 40.00 | 0.00 | $210,428 | $0 | $392 | Yes (X) | ||
| Stanley Bruce | ||||||||
| Senior VP of Lending | 40.00 | 0.00 | Yes (X) | $182,445 | $0 | $341 | ||
| William Cox | ||||||||
| Senior VP of Investments & In | 40.00 | 0.00 | Yes (X) | $163,519 | $0 | $14,724 | ||
| Clayton Smith | ||||||||
| VP of Business Development | 40.00 | 0.00 | Yes (X) | $150,053 | $0 | $0 | ||
| Robin Arnold | ||||||||
| Mortgage Loan Officer | 40.00 | 0.00 | $146,264 | $0 | $0 | Yes (X) | ||
| Barbara Ward | ||||||||
| VP of Lending | 40.00 | 0.00 | Yes (X) | $143,173 | $0 | $0 | ||
| Jennifer Debrabant | ||||||||
| VP of Finance | 40.00 | 0.00 | Yes (X) | $142,854 | $0 | $0 | ||
| Marilyn Clifton | ||||||||
| VP of Merchant Indirect Busin | 40.00 | 0.00 | Yes (X) | $140,638 | $0 | $0 | ||
| Krista Armstrong | ||||||||
| VP of Information Thechnology | 40.00 | 0.00 | Yes (X) | $135,917 | $0 | $0 | ||
| Theresa Clay | ||||||||
| VP of Operations | 40.00 | 0.00 | Yes (X) | $135,078 | $0 | $0 | ||
| Jessica Herring | ||||||||
| VP of Member Experience | 40.00 | 0.00 | Yes (X) | $131,086 | $0 | $0 | ||
| Daniel Kenan | ||||||||
| VP of Risk Management & Compl | 40.00 | 0.00 | Yes (X) | $128,685 | $0 | $0 | ||
| Randy Johnson | ||||||||
| Business Development Manager | 40.00 | 0.00 | $125,504 | $0 | $0 | Yes (X) | ||
| Mark Cathey | ||||||||
| Senior Mortgage Underwriter | 40.00 | 0.00 | $117,241 | $0 | $0 | Yes (X) | ||
| Theresa Cook | ||||||||
| Senior VP of Admin | 40.00 | 0.00 | Yes (X) | $113,050 | $0 | $0 | ||
| Fred Chandler | ||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Amber Halfacre | ||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Pam Thomas | ||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Donna Bengtson | ||||||||
| Treasurer | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Richard Fountain | ||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Robin Cook | ||||||||
| Vice Chair | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Scott Poynter | ||||||||
| Chairman | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Dallas Holland | ||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| John Yerg | ||||||||
| Secretary | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,529,891 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $15,457 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Business Data Inc | |||||
| PO Box 6081 | Inglewood | CA | 90312 | Statement Processi | $167,965 |
| Florida Blue | |||||
| PO Box 121158 | Dallas | TX | 75312 | Medical & Dental I | $486,089 |
| Jack Henry Associates | |||||
| 663 W Hwy 60 | Monett | MO | 65708 | Data Processing | $419,988 |
| Q2 Software | |||||
| PO Box 205970 | Dallas | TX | 75320 | Mobile App Platfor | $371,503 |
| Absolute Financial Services | |||||
| 2251 Destiny Way 2 | Odessa | FL | 33556 | ATM Purchases | $379,899 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Interest on Loans | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $12,005,329 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,005,329 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,005,329 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $183,494 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $183,494 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $430,413 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $417,485 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $12,928 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,928 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,928 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Fees & Service | 522100 | $6,159,764 | $6,097,824 | $61,940 |
| Gain on CUSO | 522100 | $30,034 | $30,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,189,798 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,391,549 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,329,609 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $61,940 | 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 | $2,391,337 | TotalAmt |
| Program Services | $2,391,337 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,513,938 | TotalAmt |
| Program Services | $3,513,938 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $628,988 | TotalAmt |
| Program Services | $628,988 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $556,746 | TotalAmt |
| Program Services | $556,746 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,328 | TotalAmt |
| Program Services | $430,328 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,549 | TotalAmt |
| Program Services | $154,549 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,409 | TotalAmt |
| Program Services | $52,409 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,008 | TotalAmt |
| Program Services | $186,008 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,607 | TotalAmt |
| Program Services | $199,607 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,305 | TotalAmt |
| Program Services | $261,305 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,111 | TotalAmt |
| Program Services | $109,111 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,561 | TotalAmt |
| Program Services | $10,561 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $850,351 | TotalAmt |
| Program Services | $850,351 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $557,708 | TotalAmt |
| Program Services | $557,708 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,873 | TotalAmt |
| Program Services | $174,873 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Operations Expense | $126,190 | $126,190 |
| Training | $50,648 | $50,648 |
| Dues & Subscriptions | $37,067 | $37,067 |
| Repairs & Maintenance | $632,590 | $632,590 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,174,176 | TotalAmt |
| Program Services | $5,174,176 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,098,490 | TotalAmt |
| Program Services | $16,098,490 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,287,411 | BOYAmt |
| EOY | $4,042,516 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,243,007 | BOYAmt |
| EOY | $17,343,123 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,794 | BOYAmt |
| EOY | $1,229,727 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $171,167 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184,969,262 | BOYAmt |
| EOY | $263,216,903 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,678,306 | BOYAmt |
| EOY | $4,891,841 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,308,349 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,532,758 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,328,310 | BOYAmt |
| EOY | $9,775,591 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,475 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $607,281 | BOYAmt |
| EOY | $1,323,963 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,853,910 | BOYAmt |
| EOY | $5,204,859 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,289,756 | BOYAmt |
| EOY | $307,199,690 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,484,552 | BOYAmt |
| EOY | $17,731,191 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,490,095 | BOYAmt |
| EOY | $271,417,888 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,974,647 | BOYAmt |
| EOY | $289,149,079 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,315,109 | BOYAmt |
| EOY | $18,050,611 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,315,109 | BOYAmt |
| EOY | $18,050,611 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,289,756 | BOYAmt |
| EOY | $307,199,690 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,293,059 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$557,557 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,229,526 | OtherCostOrOtherBasisAmt |
| Book Value | $4,229,526 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,007,059 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,956,680 | DepreciationAmt |
| Book Value | $4,050,379 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $199,353 | OtherCostOrOtherBasisAmt |
| Depreciation | $154,129 | DepreciationAmt |
| Book Value | $45,224 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,195,631 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,939,663 | DepreciationAmt |
| Book Value | $1,255,968 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $676,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $482,286 | DepreciationAmt |
| Book Value | $194,494 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,775,591 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investments - Other | Desc |
| Book Value | $1,323,963 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,323,963 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Accrued Income | $791,918 |
| Other Assets | $4,412,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,204,859 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Share Accounts | Desc |
| Amt | $271,417,888 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $271,417,888 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt |
|---|---|---|---|---|---|---|
| Keith Golden | ||||||
| CEO | $303,000 | $768 | $60,188 | $363,956 | ||
| Nancy Connelly | ||||||
| Mortgage Loan Officer | $48,801 | $157,174 | $4,453 | $210,820 | $392 | |
| Stanley Bruce | ||||||
| Senior VP of Lending | $155,538 | $16,761 | $10,146 | $182,786 | $341 | |
| William Cox | ||||||
| Senior VP of Investments & Insuranc | $150,702 | $2,922 | $9,895 | $178,243 | $2,843 | $11,881 |
| Clayton Smith | ||||||
| VP of Business Development | $128,654 | $16,812 | $4,587 | $150,053 | ||
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (10 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Keith Golden | |||||||
| CEO | Truck Loan | Yes (X) | $15,642 | $6,747 | false | Yes (true) | Yes (true) |
| Keith Golden | |||||||
| CEO | Auto Loan | Yes (X) | $40,000 | $31,018 | false | Yes (true) | Yes (true) |
| Keith Golden | |||||||
| CEO | Auto Loan | Yes (X) | $20,010 | $8,358 | false | Yes (true) | Yes (true) |
| Theresa Clay | |||||||
| VP of Operations | Share Secured | Yes (X) | $25,000 | $22,046 | false | Yes (true) | Yes (true) |
| Jennifer Debrabant | |||||||
| VP of Finance | Auto Loan | Yes (X) | $26,000 | $26,000 | false | Yes (true) | Yes (true) |
| Jessica Herring | |||||||
| VP of Member Experie | Auto Loan | Yes (X) | $25,094 | $15,729 | false | Yes (true) | Yes (true) |
| Clayton Smith | |||||||
| VP of Business Devel | Auto Loan | Yes (X) | $13,927 | $8,939 | false | Yes (true) | Yes (true) |
| Clayton Smith | |||||||
| VP of Business Devel | Auto Loan | Yes (X) | $42,803 | $35,563 | false | Yes (true) | Yes (true) |
| Clayton Smith | |||||||
| VP of Business Devel | Auto Loan | Yes (X) | $18,000 | $15,548 | false | Yes (true) | Yes (true) |
| Dallas Howard | |||||||
| Director | Truck Loan | Yes (X) | $7,000 | $1,219 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $171,167 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | THE CREDIT UNION IS OWNED BY ITS MEMBERS. |
| Member election for additional members Part VI line 7a | BOARD MEMBERS ARE ELECTED BY A VOTE OF THE GENERAL MEMBERSHIP. |
| Governing body decisions Part VI line 7b | MAJOR DECISIONS AFFECTING THE CREDIT UNION ARE MADE BY THE BOARD OF DIRECTORS AND AFFIRMED BY THE MEMBERS. |
| Form 990 governing body review Part VI line 11 | THE 990 IS REVIEWED BY THE VP OF FINANCE PRIOR TO FILING. |
| Conflict of interest policy compliance Part VI line 12c | THE BOARD OF DIRECTORS IS ULTIMATELY RESPONSIBLE FOR SETTING AND ENFORCING POLICIES. A written conflict of interest party can be found in the Business Ethics Policy. |
| CEO executive director top management comp Part VI line 15a | THE CREDIT UNION USES COMPEASE SALARY GUIDES; THE BOARD REVIEWS COMPENSATION ANNUALLY; THE CREDIT UNION HAS NO OFFICIAL PROCESS BUT THE BOARD APPROVES SALARY OF THE CEO. |
| Other officer or key employee compensation Part VI line 15b | THE CREDIT UNION USES COMPEASE SALARY GUIDES; THE BOARD REVIEWSCOMPENSATION ANNUALLY; THE CREDIT UNION HAS NO OFFICIAL PROCESS BUT THEBOARD APPROVES SALARY OF THE CEO. |
| Governing documents etc available to public Part VI line 19 | POLICIES AND FINANCIAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | FASB ASC 715 PENSION LIABILITY UNREALIZED GAIN $418,627>Unrealized Gain on Securities $9,807>Change in Undivided Earnings $129,123> |
| List of other expenses Part IX line 24e | Communication $381,009Bank Fees 61,855Loan Servicing 1,928,057ATM & Bill Pay Expenses 1,006,088Leased Equipment 12,994Outside Services 903,927Security 58,118Provision for Losses 469,373Charge-Offs 228,711Over & Short 3,673Donations 6,510Miscellaneous 36,308Loss on Investments 47,519Total: 5,144,142 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Harvesters Insurance LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 549 | AddressLine1Txt |
| City | Cantonment | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32533 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462325047 | EIN |
| Primary Activities | Insurance Brokerage or Agency Referrals | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | $32,653 | TotalIncomeAmt |
| End Of Year Assets | $215,130 | EndOfYearAssetsAmt |
| Direct Controlling NA | N/A | DirectControllingNACd |