2022-09-30T10:17:40-05:00 2021-12-31 382492570 DOEREN MAYHEW 12060 SW 129 CT STE 201 MIAMI FL 33186 990 2021-01-01 590637646 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 JENNIFER HUNT CFO 3523359090 2022-09-30 1 JENNIFER HUNT 999009999 DOUGLAS J ORTH P01076394 3052328272 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CAMPUS USA CREDIT UNION JERRY BENTON 14007 NW 1ST ROAD JONESVILLE FL 32669 139197710 0 2106 X WWW.CAMPUSCU.COM X 1935 FL CAMPUS USA IS A NON-PROFIT FINANCIAL INSTITUTION. WE SERVE MEMBERS IN TWELVE COUNTIES OFFERING COMPETITIVE SAVINGS AND LOAN OPTIONS ALONG WITH EXCEPTIONAL MEMBER SERVICE. 7 7 447 10 229983 0 0 0 106743410 117000470 4155402 5435345 0 0 110898812 122435815 413338 466649 0 0 31206614 32632391 0 0 0 53116458 43796477 84736410 76895517 26162402 45540298 2368142134 2692290378 2098309219 2377407332 269832915 314883046 THE MISSION OF OUR CREDIT UNION IS TO RESPOND TO THE NEEDS OF THE MEMBERSHIP BY OFFERING THE BEST FINANCIAL SERVICES. OUR CREDIT UNION IS A NOT-FOR-PROFIT SERVICE ORGANIZATION WHICH MAINTAINS A STRONG FINANCIAL FOUNDATION. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34413 0 1 447 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X GABE HAMLETT GENERAL COUNSEL 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 PRINCE HINSON DIRECTOR 3.00 X 0 0 0 MARK WALDORFF DIRECTOR 3.00 X 0 0 0 RUBEN RAMOS CHAIR 3.00 X 0 0 0 JAY HUTTO DIRECTOR 3.00 X 0 0 0 KEITH BIRKETT DIRECTOR 3.00 X 0 0 0 PAULA WELCH VICE CHAIR 3.00 X 0 0 0 RUBY PUCKETT DIRECTOR 3.00 X 0 0 0 JERRY W BENTON CEO 40.00 X 764211 0 234161 JENNIFER L HUNT CFO 40.00 X 327348 0 92570 JEFFERY A THIEMAN COO 40.00 X 333703 0 98690 JILL E HARPER CHIEF HR OFFICER 40.00 X 297139 0 86513 GABRIEL W HAMLETT CHIEF LEGAL OFFICER 40.00 X 279855 0 80931 MICHAEL ROSS JONES CHIEF LENDING OFFICER 40.00 X 221607 0 88093 DAVID BARBER VP COMMERCIAL LENDING 40.00 X 211618 0 39999 BRIAN FISHER VP TECHNOLOGY SERVICES 40.00 X 177034 0 33242 PAMELA JOHNSON VP RETAIL OPERATIONS 40.00 X 164342 0 29618 FREDERICK E HILTON INVESTMENT SERVICES MANAGE 40.00 X 252703 0 44594 WESTON GALLOP FINANCIAL ADVISOR 40.00 X 172954 0 36064 HENRY P SUBACH SPECIAL ACCOUNTS MANAGER 40.00 X 157073 0 44594 MARLON AWUMA FINANCIAL ADVISOR 40.00 X 166833 0 35580 BRANDON VEGA INFORMATION TECHNOLOGY MANAGER 40.00 X 166833 0 35580 3693253 0 980229 39 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSOR 3310674 SCHERER CONSTRUCTION 2504 NW 71 PLACE GAINESVILLE FL 32653 BRANCH CONSTRUCTION 3004532 ADVANCED SYSTEMS 11 SW 1 STREET WILLISTON FL 32696 SECURITY SYSTEMS/ATM 1713376 CDW PO BOX 75723 CHICAGO IL 60675 IT SOFTWARE/HARDWARE 1011060 Q2 SOFTWARE INC PO BOX 205970 DALLAS TX 75320 ONLINE BANKING 984282 39 INTEREST ON LOANS 522100 86904184 86904184 FEES/CHARGES 522100 29866303 29866303 FINANCE AND INSURANCE 520000 229983 229983 117000470 4250314 4250314 17946926 16761895 1185031 1185031 1185031 122435815 122205832 229983 0 X 466649 3560674 20945433 3226896 3316733 1582655 192169 242141 129000 625280 1485555 3676058 6161709 13437459 252974 3117452 383880 LOAN SERVICING 4427670 PROVISION FOR LOAN LOSS 4350000 DEBIT CARD SERVICES 3164936 MISCELLANEOUS 940832 1209362 76895517 12176043 16676200 115655055 70292247 11309229 8346828 1886723716 2186330722 2504273 5177010 84785885 30643301 51015755 54142584 197766747 290761462 67510017 33795346 23481299 26767979 2368142134 2692290378 29984094 31071909 20000000 5000000 2048325125 2341335423 2098309219 2377407332 X 0 0 0 0 269832915 314883046 269832915 314883046 2368142134 2692290378 X 45540298 -2071825 1581658 X X 0 1 X 1 0 9000 9000 9000 1 FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 9000 20078163 20078163 42459823 14268776 28191047 3272784 2987923 284861 18573479 12986849 5586630 401636 399753 1883 54142584 SHARE DRAFTS 430366592 SHARE AND EQUIVALENTS 910070942 MONEY MARKET ACCOUNTS 439080026 IRA SHARES 39804057 SHARE AND IRA CERTIFICATES 522013806 2341335423 X 124577095 2141280 2141280 122435815 0 122435815 76895517 0 76895517 0 76895517 PART X, LINE 2: FEDERAL AND STATE TAX EXEMPTION THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. 1 CHILDREN'S MIRACLE NETWORK PO BOX 100386 GAINESVILLE FL 32610 591943502 501(C)(3) 148200 0 CHARITABLE CONTRIBUTION AMERICAN CANCER SOCIETY 2119 SW 16 STREET GAINESVILLE FL 32608 131788491 501(C)(3) 13582 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS JUNIOR ACHIEVEMENT OF TAMPA BAY INC 13707 N 22ND ST TAMPA FL 33613 591098499 501(C)(3) 6422 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS COLLEGE OF CENTRAL FLORIDA FOUNDATION INC 3001 SW COLLEGE RD OCALA FL 344744415 596139037 501(C)(3) 68300 0 SPONSORSHIPS UNITED WAY OF NORTH CENTRAL FLORIDA PO BOX 2829 LAKE CITY FL 32056 590808855 501(C)(3) 14348 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS THE EDUCATION FOUNDATION OF ALACHUA COUNTY INC 2802 NW 8TH AVE GAINESVILLE FL 32641 592751952 501(C)(3) 7500 0 SPONSORSHIPS CASE CREATIVITY LABS INC 904 S MAIN ST GAINESVILLE FL 32601 811234271 501(C)(3) 25000 0 SPONSORSHIPS KIDS INCORPORATED OF BIG BEND 2326 CENTERVILLE RD TALLAHASSEE FL 32308 237411718 501(C)(3) 20000 0 CHARITABLE CONTRIBUTION CITIZENS ENCOURAGING PROGRESS 310 SE 3RD ST OCALA FL 34471 810882924 501(C)(3) 10100 0 CHARITABLE CONTRIBUTION GAINESVILLE BLACK PROFESSIONALS 440 SW ARCHER RD 1201 GAINESVILLE FL 32608 812470745 501(C)(3) 8700 0 SPONSORSHIP COMMUNITY FOUNDATION OF NORTH CENTRAL FLORIDA 3919 W NEWBERRY RD SUITE 3 GAINESVILLE FL 32607 593532330 501(C)(3) 8130 0 CHARITABLE CONTRIBUTION/SPONSORSHIPS BOSSHARDT CHARITABLE FUND INC 5532 NW 43RD ST GAINESVILLE FL 32653 270459962 501(C)(3) 7500 0 CHARITABLE CONTRIBUTION TYLER'S HOPE FOR A DYSTONIA CURE 13301 US HIGHWAY 441 ALACHUA FL 32615 203733312 501(C)(3) 5500 0 SPONSORSHIPS PARTNERSHIP FOR STRONG FAMILIES 5950 NW 1 PLACE GAINESVILLE FL 32607 030423150 501(C)(3) 5280 0 SPONSORSHIPS STOP CHILDRENS CANCER 2622 NW 43RD ST SUITE B3 GAINESVILLE FL 592624901 592624901 501(C)(3) 5200 0 SPONSORSHIPS 15 PART I, LINE 2 THE AMOUNTS PAID TO THE ORGANIZATIONS ARE CONSIDERED DONATIONS, NOT GRANTS, SO THERE IS NO MONITORING. SOME DONATIONS ARE EVENT SPONSORSHIP BASED. X X X 1 1 X X X X 0 1 0 JERRY W BENTON CEO 546408 0 166856 0 50947 0 214420 0 19741 0 998372 0 0 0 JEFFERY A THIEMAN COO 260328 0 53000 0 20375 0 79358 0 19332 0 432393 0 0 0 JENNIFER L HUNT CFO 255240 0 53000 0 19108 0 78882 0 13688 0 419918 0 0 0 JILL E HARPER CHIEF HR OFFICER 220242 0 53000 0 23897 0 77054 0 9459 0 383652 0 0 0 GABRIEL W HAMLETT CHIEF LEGAL OFFICER 205816 0 53000 0 21039 0 62017 0 18914 0 360786 0 0 0 MICHAEL ROSS JONES CHIEF LENDING OFFICER 150477 0 53000 0 18130 0 70214 0 17879 0 309700 0 0 0 FREDERICK E HILTON INVESTMENT SERVICES MANAGE 242453 0 5000 0 5250 0 25935 0 18659 0 297297 0 0 0 DAVID BARBER VP COMMERCIAL LENDING 144816 0 53861 0 12941 0 21546 0 18453 0 251617 0 0 0 BRIAN FISHER VP TECHNOLOGY SERVICES 169291 0 5000 0 2743 0 18421 0 14821 0 210276 0 0 0 WESTON GALLOP FINANCIAL ADVISOR 166502 0 5000 0 1452 0 18032 0 18032 0 209018 0 0 0 MARLON AWUMA FINANCIAL ADVISOR 159966 0 5000 0 1867 0 17318 0 18262 0 202413 0 0 0 BRANDON VEGA INFORMATION TECHNOLOGY MANAGER 159966 0 5000 0 1867 0 17318 0 18262 0 202413 0 0 0 HENRY P SUBACH SPECIAL ACCOUNTS MANAGER 122150 0 21640 0 13283 0 25935 0 18659 0 201667 0 0 0 PAMELA JOHNSON VP RETAIL OPERATIONS 144673 0 5000 0 14669 0 16736 0 12882 0 193960 0 0 0 PART I, LINE 4B THE FOLLOWING EXECUTIVES PARTICIPATED IN THE 457F PLAN. THE FOLLOWING REFLECTS THE DOLLAR AMOUNT THE CREDIT UNION CONTRIBUTED TOWARD EACH EXECUTIVE'S PLAN DURING 2021: J. BENTON $161,856; G. HAMLETT $48,000; J. HARPER $48,000; J. HUNT $48,000; M. JONES $48,000; J. THIEMAN $48,000. 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. 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. FORM 990, PART VI, SECTION B, LINE 11B THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT UNION'S VP OF HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A CODE OF CONDUCT FOR SENIOR MANAGERS, DIRECTORS AND COMMITTEE MEMBERS WHICH REQUIRES THESE INDIVIDUALS TO ANNUALLY DISCLOSE GIFTS AND POTENTIAL CONFLICTS OF INTEREST. SENIOR MANAGERS, DIRECTORS, AND COMMITTEE MEMBERS ARE REQUIRED ANNUALLY TO SIGN A STATEMENT OF COMPLIANCE, WHICH IS REPORTED TO THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 CAMPUS USA CREDIT UNION USES AN EXTERNAL COMPENSATION SYSTEM WITH MARKET DATA FOR ANALAYZING SALARY DATA. IN ADDITION, COMPENSATION DATA IS PULLED FROM CUES EXECUTIVE SALARY REPORT. THE CEO REVIEW PROCESS ALSO UTLIIZES 990 SALARY DATA AND IS EVALUATED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 24E ATM SHARED BRANCHING FEES 707,709. EDUCATION 228,005. PRINTING AND PUBLICATIONS 205,456. AUTOMOBILE EXPENSES 38,432. NCUA INSURANCE PREMIUM ASSESSMENT 29,760. FORM 990, PART XI, LINE 9: NET UNREALIZED LOSSES ON DEFINED BENEFIT PLAN ASSETS 1,581,658. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.