2021-11-09T14:17:43-06:00 2020-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2020-01-01 590729366 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 7274317311 PO BOX 1500 DUNEDIN FL 34697 JANICE HOLLAR CFO 7274317311 2021-11-09 1 JANICE HOLLAR 999009999 DOUGLAS J ORTH P01076394 3052328272 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ACHIEVA CREDIT UNION GARY REGOLI PO BOX 1500 DUNEDIN FL 34697 191158569 0 X WWW.ACHIEVACU.COM X 1937 FL NOT-FOR-PROFIT ORGANIZATION - STATE CHARTERED CREDIT UNION 9 9 559 13 119973 59988 0 0 89057100 85767129 8752133 7570324 0 0 97809233 93337453 0 622784 0 0 33559537 33357067 0 0 0 44941547 49888625 78501084 83868476 19308149 9468977 1780626340 2115178080 1587700384 1912112601 192925956 203065479 NOT-FOR-PROFIT ORGANIZATION STATE CHARTERED CREDIT UNION. 0 0 CREDIT UNION FINANCIAL SERVICES. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 20334 0 1 559 1 1 1 0 0 0 0 0 1 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 JANICE HOLLAR 7274317311 1659 ACHIEVA WAY DUNEDIN FL 346987405 THERON HAWKINS BOARD MEMBER 1.00 X 0 0 0 LINDA EMANUEL BOARD MEMBER 1.00 X 0 0 0 TRELLIS POE DIRECTOR EMERITUS 1.00 X 0 0 0 TOM OBERHOFER BOARD MEMBER 1.00 X 0 0 0 EVERETT SILVERNAIL BOARD MEMBER 1.00 X 0 0 0 ROHLAND BRYANT BOARD MEMBER 1.00 X 0 0 0 BILL WILLIAMSON BOARD MEMBER 1.00 X 0 0 0 JAMES DAWSON BOARD MEMBER 1.00 X 0 0 0 JANET CANTEES BOARD MEMBER 1.00 X 0 0 0 JACK BERTHY DIRECTOR EMERITUS 1.00 X 0 0 0 WALTER MOORE BOARD MEMBER 1.00 X 0 0 0 GARY REGOLI PRESIDENT/CEO 50.00 X 5124960 0 30338 JANICE HOLLAR CFO 50.00 X 322938 0 30565 TARA MURPHY CIO 50.00 X 316236 0 34544 SARA DEPAUW CLO 50.00 X 267709 0 36376 JEFFREY BLAKE CPO 50.00 X 234933 0 25156 JOHN WINTERMEIER CBO 50.00 X 210537 0 16387 JENNIFER GALLEY COO 50.00 X 285361 0 18431 DAVID OAK CMO 50.00 X 222809 0 25943 LISA SMITH CRO 50.00 X 202843 0 24396 TRACY INGRAM CTO 50.00 X 234239 0 18684 STEVEN NORDBECK FINANCIAL PLANNING & TRUST 50.00 X 345513 0 32836 LAUREL FLYNN VP BUSINESS LENDING 50.00 X 155195 0 27696 HORACE HACKNEY VP CONTROLLER 50.00 X 160698 0 14783 JUDIE NORWOOD VP OF CONSUMER LENDING 50.00 X 151983 0 24384 ANDREW DENIS FINANCIAL PLANNING & TRUST 50.00 X 201962 0 27586 8437916 0 388105 44 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT/DEBIT CARD PROCESSOR 2597385 CREATIVE CONTRACTORS 620 DREW ST CLEARWATER FL 33755 BUILDING CONTRACTOR 1876640 ALKAMI TECHNOLOGY INC 5601 GRANITE PARKWAY STE 120 PLANO TX 75024 SOFTWARE PROVIDER 1405468 TEKSYSTEMS INC PO BOX 198568 ATLANTA GA 30384 CONTRACTOR/ TEMP LABOR 678256 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 IT EQUIPMENT PROVIDER 626193 59 INTEREST ON LOANS TO MEMBERS 522100 57693586 57693586 FEES/CHARGES/OTHER 522100 27953570 27953570 FINANCE AND INSURANCE 520000 119973 119973 85767129 4849207 4849207 100542233 97821116 2721117 2721117 2721117 93337453 93217480 119973 0 X 622784 7683385 19063249 1674960 3270088 1665385 115501 146732 1285495 2982052 2632002 2698385 2050596 280755 9996 10514533 171697 3710595 347685 PROVISION FOR LOAN LOSS 12403794 DEBIT CARD EXPENSES 4587500 MAINTENANCE 3642033 LOAN SERVICING 1237627 1071647 83868476 11583945 18093661 189288747 383093308 1223447 34941987 1305515964 1318937733 1859215 2454114 91518320 27987836 56533225 63530484 70009189 149855329 9841182 6644153 42109818 41813557 92661608 95813754 1780626340 2115178080 23939076 20064380 976176 928067 7000000 0 1555785132 1891120154 1587700384 1912112601 X 0 0 0 0 192925956 203065479 192925956 203065479 1780626340 2115178080 9468977 670546 0 X X 0 1 X 1 0 7500 7500 7500 1 FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 591889104 7500 0 1 X 14628472 14628472 47585237 8600865 38984372 29304611 19386971 9917640 63530484 SHARE DRAFTS 522362733 REGULAR SHARES 667603468 MONEY MARKET 342992887 IRA ACCOUNTS 30866775 CERTIFICATE OF DEPOSITS 327294291 1891120154 X PART IV, LINE 2B: AS A LOAN SERVICER, THE CREDIT UNION RECEIVES PRINCIPAL PAYMENTS, INTEREST PAYMENTS, TAX PAYMENTS AND INSURANCE PAYMENTS AND THEN REMITS THESE FUNDS TO THE APPLICABLE THIRD PARTIES ON BEHALF OF THE BORROWERS. 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. 1 THE ACHIEVA FOUNDATION CORPORATION 1659 ACHIEVA WAY DUNEDIN FL 34698 320378770 501(C)(3) 622784 CHARITABLE CONTRIBUTION 1 FORM 990, SCH I, PART I, LINE 2 AS THE SPONSOR OF THE ACHIEVA FOUNDATION, THE CREDIT UNION MAINTAINS ADEQUATE ACCOUNTING OF FUNDS DONATED AND MONITORS THE USE OF THE FUNDS TO ENSURE THEY ARE USED APPROPRIATELY. X X 0 1 0 GARY REGOLI PRESIDENT/CEO 719746 0 235000 0 4170214 0 13423 0 16915 0 5155298 0 0 0 STEVEN NORDBECK FINANCIAL PLANNING & TRUST 42091 0 303422 0 0 0 22800 0 10036 0 378349 0 0 0 JANICE HOLLAR CFO 277740 0 45198 0 0 0 22800 0 7765 0 353503 0 0 0 TARA MURPHY CIO 280719 0 35517 0 0 0 22800 0 11744 0 350780 0 0 0 SARA DEPAUW CLO 255619 0 12090 0 0 0 22288 0 14088 0 304085 0 0 0 JENNIFER GALLEY COO 244720 0 40641 0 0 0 18431 0 0 0 303792 0 0 0 JEFFREY BLAKE CPO 210009 0 24924 0 0 0 19301 0 5855 0 260089 0 0 0 TRACY INGRAM CTO 206197 0 28042 0 0 0 18684 0 0 0 252923 0 0 0 DAVID OAK CMO 197876 0 24933 0 0 0 15263 0 10680 0 248752 0 0 0 ANDREW DENIS FINANCIAL PLANNING & TRUST 39875 0 162087 0 0 0 15399 0 12187 0 229548 0 0 0 LISA SMITH CRO 185173 0 17670 0 0 0 16660 0 7736 0 227239 0 0 0 JOHN WINTERMEIER CBO 187962 0 22575 0 0 0 16387 0 0 0 226924 0 0 0 LAUREL FLYNN VP BUSINESS LENDING 122000 0 33195 0 0 0 13460 0 14236 0 182891 0 0 0 JUDIE NORWOOD VP OF CONSUMER LENDING 113574 0 38409 0 0 0 13046 0 11338 0 176367 0 0 0 HORACE HACKNEY VP CONTROLLER 156777 0 3921 0 0 0 5060 0 9723 0 175481 0 0 0 PART I, LINE 4B THE CREDIT UNION MAINTAINED A DEFERRED COMPENSATION PLAN FOR THE CEO. GARY REGOLI, PRESIDENT/CEO, RECEIVED A BENEFIT PAYOUT DURING 2020 IN THE AMOUNT OF $4,170,214. THE CREDIT UNION'S EXPENSE RELATED TO THIS PLAN APPROXIMATED $557,000 FOR THE YEAR ENDED DECEMBER 31, 2020. FORM 990, PART VI, SECTION A, LINE 6 WE HAVE MEMBERS AND OUR CURRENT FIELD OF MEMBERSHIP IS AS FOLLOWS: MEMBERSHIP IN ACHIEVA CREDIT UNION IS LIMITED TO INDIVIDUALS, TRUSTS, ASSOCIATES, ORGANIZATIONS, AND LEGAL ENTITIES RESIDING OR EMPLOYED IN PINELLAS, PASCO, HERNANDO, DESOTO, MANATEE, SARASOTA, CHARLOTTE, LEE, COLLIER, GLADES, HARDEE, HENDRY, HIGHLANDS, MONROE, AND HILLSBOROUGH COUNTIES AND IMMEDIATE FAMILY MEMBERS OF SUCH DEFINED TO INCLUDE PARENTS, CHILDREN, SPOUSE, OR SURVIVING SPOUSE OR THE MEMBER OR ANY OTHER RELATIVE BY BLOOD, MARRIAGE OR ADOPTION EVEN THOUGH SUCH INDIVIDUALS DO NOT RESIDE IN THE SAME HOUSEHOLD WITH THE MEMBER AND ASSOCIATIONS AND ORGANIZATIONS OF SUCH PERSONS AND EMPLOYEES OF THESE ASSOCIATIONS AND ORGANIZATIONS. ADDITIONALLY, PERSONS THAT HAVE CONTRIBUTED AT LEAST TEN DOLLARS TO ACHIEVA FOUNDATION ARE ELIGIBLE FOR MEMBERSHIP REGARDLESS OF WHERE THEY RESIDE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS NOMINATING COMMITTEE IS STRUCTURED FOR THE PURPOSE OF SELECTING AND MAINTAINING EFFECTIVE DIRECTORS. THE BOARD OF DIRECTORS NOMINATING COMMITTEE IS ORGANIZED AT THE ANNUAL MEETING FOR EACH ELECTION YEAR AND SERVES THROUGHOUT THE YEAR UNTIL A RECOMMENDED SLATE OF DIRECTORS ARE PRESENTED TO THE BOARD OF DIRECTORS AT THE FOLLOWING ANNUAL MEETING. THE COMMITTEE INCLUDES THREE DIRECTORS WHO ARE NOT CANDIDATES FOR RE-ELECTION THAT YEAR. MEMBERSHIP IN THE COMMITTEE ROTATES ANNUALLY USING AN ESTABLISHED SCHEDULE SO THAT EACH DIRECTOR (REGARDLESS OF OFFICE) WILL SERVE ONE TIME DURING EACH THREE YEAR PERIOD. THE COMMITTEE RECOMMENDS TO THE BOARD OF DIRECTORS A CHAIRPERSON, VICE-CHAIRPERSON AND SECRETARY/TREASURER FOLLOWING THE ANNUAL MEETING AT WHICH DIRECTORS ARE ELECTED AND TAKES INTO CONSIDERATION PERFORMANCE REQUIREMENTS AND ATTENDANCE INFORMATION IN ITS REVIEW OF CANDIDATES FOR RE-ELECTION. FORM 990, PART VI, SECTION A, LINE 7B THE CREDIT UNION FIELD OF MEMBERSHIP HAS AUTHORITY TO ELECT AND RE-ELECT EVERY TWO YEARS THE BOARD OF DIRECTORS AND THE MEMBERS OF THE SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THIS RETURN IS PREPARED BY SUBJECT MATTER EXPERTS AND REVIEWED BY THE ACCOUNTING CONTROLLER AND CHIEF FINANCIAL OFFICERS OF ACHIEVA CREDIT UNION. THE COMPLETED 990 WAS COMPARED TO THE PUBLISHED FINANCIAL REPORTS FOR ACCURACY, AND TO THE PRIOR YEAR'S RETURN FOR REASONABLENESS. FORM 990, PART VI, SECTION B, LINE 12C ALL VOLUNTEERS ARE REQUIRED TO SIGN AN AGREEMENT STATING THAT THEY WILL NOT KNOWINGLY TAKE ANY ACTION OR MAKE ANY STATEMENT INTENDED TO INFLUENCE THE CONDUCT OF ACHIEVA CREDIT UNION IN SUCH A WAY TO CONFER ANY FINANCIAL BENEFIT ON SUCH VOLUNTEERS, THEIR IMMEDIATE FAMILY MEMBERS OR ANY ORGANIZATION IN WHICH THEY OR THEIR FAMILY MEMBERS HAVE A PERSONAL INTEREST. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND ANY ACTION THAT COMES BEFORE THE BOARD OF DIRECTORS AND WITHDRAW FROM THE MEETING ROOM DURING DISCUSSION, REVIEW, AND VOTING IN CONNECTION WITH THE MATTER. THE DISCLOSURE IS RECORDED IN THE MINUTES OF THE MEETING. ANNUAL DISCLOSURES OF POTENTIAL CONFLICTS ARE FILED BY THE BOARD OF DIRECTORS TO ENSURE COMPLIANCE WITH OUR CONFLICT OF INTEREST POLICY, AND THE INTERNAL AUDITOR CONDUCTS AN ANNUAL REVIEW OF THE OFFICIALS IN ACCORDANCE WITH STATUTE 657 039 PART 1. FORM 990, PART VI, SECTION B, LINE 15 A SALARY SURVEY AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AND COMPENSATION COMMITTEE WERE COMPLETED IN 2020 TO DETERMINE THE COMPENSATION FOR THE CEO. THE CEO ENGAGES AN INDEPENDENT THIRD PARTY TO PERFORM A SALARY SURVEY FOR SENIOR MANAGEMENT TEAM MEMBERS THE CEO USES THE SURVEY DATA TO DETERMINE EACH TEAM MEMBER'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF OUR BRANCHES, AND ANNUAL FINANCIAL REPORTS ARE PROVIDED AT OUR ANNUAL MEMBER MEETING AND ARE ALSO AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES 1,285,495. FORM 990, PART IX, LINE 24E ATM EXPENSES 584,366. MISCELLANEOUS 315,948. CORE DEPOSIT INTANGIBLE 129,593. TRAINING/DEVELOPMENT/EDUCATION 33,398. UBIT 8,342. 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. COASTAL PROPERTY ASSETS I LLC 1659 VIRGINIA STREET DUNEDIN FL 34698 030430637 NOT USED CURRENTLY FL 0 131 ACHIEVA CREDIT UNION COASTAL PROPERTY ASSETS III LLC 1659 VIRGINIA STREET DUNEDIN FL 34698 590729366 PURCHASING LOANS FL 24234 650050 ACHIEVA CREDIT UNION THE ACHIEVA FOUNDATION CORPORATION 1659VIRGINIA STREET DUNEDIN FL 34698 320378770 FINANCIAL ASSISTANCE AND EDUCATION TO COMMUNITY FL 501(C)(3) LINE 10 ACHIEVA CREDIT UNION 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE ACHIEVA FOUNDATION CORPORATION B 622784 ACTUAL CASH CONTRIBUTION