2022-05-11T12:38:21-05:00 2021-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2021-01-01 591022425 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 4073031527 351 S STATE ROAD 434 1009 ALTAMONTE SPRINGS FL 32714 ADAM NEUSAENGER CFO 4073031527 2022-05-09 1 ADAM NEUSAENGER XXX-XX-XXXX DOUGLAS J ORTH P01076394 3052328272 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ADVENTHEALTH CREDIT UNION JOHN W MARTIN 351 S STATE ROAD 434 1009 ALTAMONTE SPRINGS FL 32714 3560919 0 2106 X WWW.AHCU.CC X 1955 FL OUR MISSION IS TO EMPOWER MEMBERS TO ACHIEVE THEIR FINANCIAL GOALS. 9 9 23 13 27463 0 0 0 3250157 3297402 248023 263517 0 0 3498180 3560919 0 0 0 0 1275779 1595495 0 0 0 1549577 1342077 2825356 2937572 672824 623347 73000907 87334618 65653469 79666616 7347438 7668002 X OUR MISSION IS TO EMPOWER MEMBERS TO ACHIEVE THEIR FINANCIAL GOALS. 1 0 SHARES - THE CREDIT UNION HAS OVER 17,603 SHARE ACCOUNTS THAT HAVE AN AGGREGATE BALANCE OVER $75 MILLION. LOANS - THE CREDIT HAS OVER 5,000 LOAN ACCOUNTS THAT HAVE AN AGGREGATE BALANCE OVER $58 MILLION. FINANCIAL SERVICES - THE CREDIT UNION OFFERS A VARIETY OF FINANCIAL SERVICES FOR ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1848 0 1 23 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X ADAM NEUSAENGER 4073257670 351 S STATE ROAD 434 SUITE 1009 ALTAMONTE SPRINGS FL 32714 PATRICK DEEGAN CHAIR 1.00 X 0 0 0 KATHY REEP VICE CHAIR 1.00 X 0 0 0 GREGORY EDRIS SECRETARY 1.00 X 0 0 0 CECIL LOWRY TREASURER 1.00 X 0 0 0 TIM COOK DIRECTOR 1.00 X 0 0 0 WILLIAM COCHRAN DIRECTOR 1.00 X 0 0 0 ABEL BIRI DIRECTOR 1.00 X 0 0 0 KRISTIN ULANOFF DIRECTOR 1.00 X 0 0 0 SHERYL MOORHEAD DIRECTOR 1.00 X 0 0 0 DANIEL MYERS SUPERVISORY COMMITTEE CHAI 1.00 X 0 0 0 ALBERT LEE SUPERVISORY COMMITTEE MEMB 1.00 X 0 0 0 KELLEY MORING SUPERVISORY COMMITTEE MEMB 1.00 X 0 0 0 ARMANDO TAGALOG SUPERVISORY COMMITTEE MEMB 1.00 X 0 0 0 JOHN W MARTIN PRESIDENT/CHIEF EXECUTIVE 40.00 X 178916 0 25551 JOHN ADAM NEUSAEGER CHIEF FINANCIAL OFFICER 40.00 X 93276 0 21122 272192 0 46673 1 0 1 0 CU ANSWERS 6000 28TH ST SE SUITE 100 GRAND RAPIDS MI 49546 CORE PROCESSING 235601 WORLDPAY 8500 GOVERNORS HILL DR CINCINNATI OH 45429 DEBIT/CREDIT PROCESSING 226048 2 INTEREST INCOME ON LOA 522100 2150781 2150781 FEES/CHARGES/OTHR INCO 522100 1119158 1119158 UNRELATED BUSINESS INC 520000 27463 27463 3297402 263517 263517 3560919 3533456 27463 0 318865 1089875 44440 31479 110836 11990 66258 3419 63683 280373 81324 580 36783 258971 117276 26619 LOAN SERVICING 339264 OTHER PROFESSIONAL EXPE 40496 OTHER EXPENSES 14135 PROVISION FOR LOAN LOSS 906 2937572 1108289 1070330 10380611 10667862 660439 426832 49814666 57814692 1306538 608395 783087 698143 6581527 13908087 2913670 1883070 758618 865602 73000907 87334618 5263000 4031839 60390469 75634777 65653469 79666616 X 0 0 0 0 7347438 7668002 7347438 7668002 73000907 87334618 623347 -302783 0 X X 0 1 X 1 0 905229 339210 566019 401309 269185 132124 698143 SHARE DRAFTS 14743205 PRIMARY SHARES 36078449 CHRISTMAS CLUBS 207967 SAVERS CHOICE 552161 ESCROW CLUB 20276 SHARE MONEY MARKET 17353218 SHARE CERTIFICATES 6396000 TRADITIONAL IRA SAVINGS 221770 TRADITIONAL IRA CD 61731 75634777 X 3560919 0 3560919 0 3560919 2937572 0 2937572 0 2937572 PART X, LINE 2: 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. X X 0 0 0 JOHN W MARTIN PRESIDENT/CHIEF EXECUTIVE 154889 0 24027 0 0 0 7514 0 18037 0 204467 0 0 0 FORM 990, PART III, LINE 2 IRA CD'S WERE ADDED IN 2021. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. MEMBERS ARE REQUIRED TO MAINTAIN A MINIMUM BALANCE OF $5.00 ON DEPOSIT IN A SHARE ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS ONCE A YEAR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE CREDIT UNION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS ONCE A YEAR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B A THIRD PARTY CPA FIRM IS USED TO COMPLETE THE RETURN. A DRAFT RETURN IS PRESENTED TO THE CFO AND THE CEO FOR REVIEW. ONCE REVIEW OF THE DRAFT IS COMPLETED AND ANY CORRECTIONS ARE MADE, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY EMPLOYEE, DIRECTOR OR COMMITTEE MEMBER FROM THIS CREDIT UNION WHO IS OFFERED, RECEIVES OR ANTICIPATES RECEIVING ANYTHING OF VALUE WILL DISCLOSE IT TO THE CREDIT UNION SUPERVISORY COMMITTEE OR DESIGNATED OFFICIAL FOR THIS PURPOSE. THE SUPERVISORY COMMITTEE WILL KEEP WRITTEN RECORDS OF THE DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 PEER SALARY SURVEY DATA AND PERFORMANCE EVALUATIONS ARE USED TO DETERMINE COMPENSATION. COMPENSATION FOR THE CEO IS DETERMINED/REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY. SENIOR MANAGEMENT EMPLOYEES RECEIVE ANNUAL EVALUATIONS BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION HAS A MEMBER ACCESS TO RECORD POLICY IN PLACE. REQUESTS ARE MADE IN WRITING AND FORWARDED TO THE CEO FOR REVIEW PRIOR TO RELEASING INFORMATION. FINANCIAL STATEMENTS ARE POSTED MONTHLY AT EACH BRANCH LOCATION AND THE PUBLIC HAS ACCESS TO REVIEW THE QUARTERLY CALL REPORT ONLINE AT WWW.NCUA.GOV. 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.