GULF WINDS CREDIT UNION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GULF WINDS CREDIT UNION (EIN 59-6143861)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202143169349303389
- Schema version
- 2020v4.1
- 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 | 2021-11-12T09:44:46-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454084437 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARREN AVERETT LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 W CEDAR STREET SUITE 400 | AddressLine1Txt |
| City | PENSACOLA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596143861 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GULF WINDS CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GULF | BusinessNameControlTxt |
| Phone | 8504799601 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST NINE MILE ROAD | AddressLine1Txt |
| City | PENSACOLA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32534 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DALE JOHNSON | PersonNm |
| Person Title | EVP OF STRATEGY AND PERFORMANCE | PersonTitleTxt |
| Phone | 8504799601 | PhoneNum |
| Signature | 2021-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DALE | PersonFirstNm |
| Person Last | JOHNSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CLAIRE C DUREN CPA | PreparerPersonNm |
| PTIN | P01577924 | PTIN |
| Phone | 8504357400 | PhoneNum |
| Preparation | 2021-11-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DALE JOHNSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST NINE MILE ROAD | AddressLine1Txt |
| City | PENSACOLA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,108,325 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.GOGULFWINDS.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | STATE-CHARTERED CREDIT UNION | OtherOrganizationDsc |
| Formation | 1954 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION OFFERS A SUITE OF FINANCIAL SERVICES TO MEMBERS IN FLORIDA, ALABAMA, AND GEORGIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 265 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $1,473 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $18,205,210 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $19,666,720 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,207,665 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,546,177 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,398,347 | PYOtherRevenueAmt |
| CY Other Revenue | $13,784,679 | CYOtherRevenueAmt |
| PY Total Revenue | $40,811,222 | PYTotalRevenueAmt |
| CY Total Revenue | $41,997,576 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $219,428 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $325,141 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,462,490 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,994,551 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,775,674 | PYOtherExpensesAmt |
| CY Other Expenses | $22,799,999 | CYOtherExpensesAmt |
| PY Total Expenses | $35,457,592 | PYTotalExpensesAmt |
| CY Total Expenses | $39,119,691 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,353,630 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,877,885 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $719,554,550 | TotalAssetsBOYAmt |
| Total Assets EOY | $919,701,095 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $635,482,058 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $832,718,706 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $84,072,492 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $86,982,389 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE CREDIT UNION'S MISSION IS TO ENHANCE MEMBERS' FINANCIAL WELL BEING BY IDENTIFYING MEMBERS' FINANCIAL NEEDS AND FULFILLING THOSE NEEDS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | IN EFFORTS TO PROMOTE THRIFT AMONG ITS MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, CERTIFICATE OF DEPOSIT ACCOUNTS, AND IRA SAVINGS ACCOUNTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TO MEET THE FINANCIAL NEEDS OF ITS 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 24908 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 265 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MYLENE KAIBIGAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8504799601 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST NINE MILE ROAD | AddressLine1Txt |
| City | PENSACOLA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32534 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| R L OSWALD SR | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED HOUSTON | |||||||
| 1ST VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GERALD EADY | |||||||
| 2ND VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK WILLIAMS | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| A LARRY MALTBY | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VANCE BATEMENA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS BROOKS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHELLY FOUNTAIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM FRITCHMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM TAYLOR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NELSON WHALEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER RUTLEDGE | |||||||
| CEO | 45.00 | $813,719 | $0 | $24,563 | Yes (X) | ||
| ASHLEY JANSKY | |||||||
| EVP MEMBER EXPERIENCE | 45.00 | $210,360 | $0 | $20,785 | Yes (X) | ||
| KURT STENERSON | |||||||
| EVP OF DIGITAL INNOVATION | 45.00 | $226,783 | $0 | $20,389 | Yes (X) | ||
| JOANNE HYATT | |||||||
| SVP CHIEF LENDING OFFICER | 45.00 | $166,330 | $0 | $19,577 | Yes (X) | ||
| TERRY JOHNSON | |||||||
| EVP OF STRATEGY AND PERFORMANCE | 45.00 | $184,949 | $0 | $24,145 | Yes (X) | ||
| ROBERT ALFT | |||||||
| FINANCIAL ADVISOR | 45.00 | $160,081 | $0 | $10,624 | Yes (X) | ||
| MARCI WATTERS | |||||||
| FINANCIAL ADVISOR | 45.00 | $137,828 | $0 | $18,203 | Yes (X) | ||
| JOHAN BOELING | |||||||
| REGIONAL VP | 45.00 | $125,587 | $0 | $14,564 | Yes (X) | ||
| PATRICK WENDOLEK | |||||||
| VP OF ENTERPRISE APPLICATI | 45.00 | $138,332 | $0 | $4,158 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,163,969 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $157,008 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Q2 SOFTWARE | |||||
| PO BOX 678272 | DALLAS | TX | 752678272 | ONLINE BANKING | $956,173 |
| FISERV | |||||
| PO BOX 979 | BROOKFIELD | WI | 530080979 | PAYMENTS | $840,924 |
| DUNCAN MCCALL ADVERTISING | |||||
| 4400 BAYOU BLVD SUITE 11 | PENSACOLA | FL | 32503 | ADVERTISING | $734,531 |
| JACK HENRY & ASSOCIATES INC | |||||
| 7400 CAHABA VALLEY ROAD | BIRMINGHAM | AL | 35242 | SOFTWARE | $678,843 |
| GLORY GLOBAL SOLUTIONS INC | |||||
| 705 SOUTH 12TH STREET | WATERTOWN | WI | 53094 | TCR MAINTENANCE | $445,831 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN INTEREST INCOME | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $19,666,720 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,666,720 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $19,666,720 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,334,943 | TotalRevenueColumnAmt |
| Exclusion | $8,334,943 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,321,983 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,110,749 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $211,234 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $211,234 | TotalRevenueColumnAmt |
| Exclusion | $211,234 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES AND SERVICE CHARGES | 522100 | $12,455,297 | $12,455,297 |
| INTERCHANGE INCOME | 522100 | $963,388 | $963,388 |
| GAIN ON OREO | 522100 | $651,780 | $651,780 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$285,786 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$287,259 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,473 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $13,784,679 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,997,576 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,449,926 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,473 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,546,177 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,141 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,711,600 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,197,958 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,497 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,287,822 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $880,674 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,912 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,985 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $574,258 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,489,040 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $749,406 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,533,601 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $296,409 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,023 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,933 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,362,257 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,574,979 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,337 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $3,058,442 |
| ATM AND DEBIT CARD EXPE | $2,361,757 |
| MISCELLANEOUS EXPENSES | $854,509 |
| REPAIRS AND MAINTENANCE | $541,928 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,406,223 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,119,691 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,524,872 | BOYAmt |
| EOY | $7,814,195 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,760,684 | BOYAmt |
| EOY | $190,693,787 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,583,185 | BOYAmt |
| EOY | $513,454,731 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,006,736 | BOYAmt |
| EOY | $2,845,669 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,139,968 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,857,584 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,767,045 | BOYAmt |
| EOY | $18,282,384 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,801,309 | BOYAmt |
| EOY | $176,503,413 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,167,745 | BOYAmt |
| EOY | $955,428 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,942,974 | BOYAmt |
| EOY | $9,151,488 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $719,554,550 | BOYAmt |
| EOY | $919,701,095 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,527,973 | BOYAmt |
| EOY | $9,153,834 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $626,954,085 | BOYAmt |
| EOY | $823,564,872 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $635,482,058 | BOYAmt |
| EOY | $832,718,706 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,072,492 | BOYAmt |
| EOY | $86,982,389 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,072,492 | BOYAmt |
| EOY | $86,982,389 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $719,554,550 | BOYAmt |
| EOY | $919,701,095 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,877,885 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,058,416 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,026,404 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $5,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $5,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $5,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAFCU | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3138 10TH STREET N | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952642719 | EIN |
| Paid Internal Funds | $5,000 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS (NAFCU) IS A DIRECT MEMBERSHIP ASSOCIATION FOR FEDERALLY-INSURED CREDIT UNIONS WHICH IS COMMITTED TO REPRESENTING, ASSISTING, EDUCATING AND INFORMING ITS MEMBER CREDIT UNIONS TO HELP THEM GROW, AND HELP GROW THE CREDIT UNION INDUSTRY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,197,895 | OtherCostOrOtherBasisAmt |
| Book Value | $1,197,895 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,942,073 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,857,584 | DepreciationAmt |
| Book Value | $17,084,489 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,282,384 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ACCRUED INVESTMENT INCOME | $352,316 | C |
| RETIREMENT ASSETS | $27,304,860 | C |
| OTHER INVESTMENTS | $344,062 | C |
| FEDERAL AGENCY SECURITIES | $141,934,136 | C |
| CORP CU CAPITAL SHARES | $1,155,339 | C |
| CERTIFICATES OF DEPOSIT | $4,765,000 | C |
| FHLB STOCK | $647,700 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $176,503,413 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER DEPOSITS | Desc |
| Amt | $823,564,872 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $823,564,872 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (20 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MANNA FOOD PANTRIES | |||||||
| 3030 NORTH E STREET | PENSACOLA | FL | 32501 | 592181031 | 501(C)(3) | $15,000 | FILL THE MAYFLOWER - THANKSGIVING EVENT |
| MANNA FOOD PANTRIES | |||||||
| 3030 NORTH E STREET | PENSACOLA | FL | 32501 | 592181031 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY RELIEF |
| AMERICA'S SECOND HARVEST OF THE BIG BEND | |||||||
| 4446 ENTREPOT BLVD | TALLAHASSEE | FL | 32310 | 592610345 | 501(C)(3) | $6,000 | DONATIONS TO ANNUAL GENERAL FUND |
| COUNCIL ON AGING OF WEST FLORIDA INC | |||||||
| 875 ROYCE STREET | PENSACOLA | FL | 32503 | 591373939 | 501(C)(3) | $15,000 | DONATIONS TO ANNUAL GENERAL FUND |
| ADX COMMUNICATIONSCAT COUNTRY 987 | |||||||
| 7251 PLANTATION ROAD | PENSACOLA | FL | 32504 | 824598636 | $6,000 | SPRING JAM - EVENT SPONSORSHIP BENEFITTING SANTA ROSA KID'S HOUSE | |
| ATMORE CHAMBER OF COMMERCE | |||||||
| 137 N MAIN ST | ATMORE | AL | 36502 | 630254159 | 501(C)(3) | $7,500 | ANNUAL SPONSORSHIP |
| BIG BROTHERS BIG SISTERS OR NORTHWEST FLORIDA | |||||||
| 1320 CREIGHTON RD | PENSACOLA | FL | 32504 | 592996893 | 501(C)(3) | $15,000 | FISHING CAMP AUCTION |
| ELDER CARE SERVICES | |||||||
| 2518 W TENNESSEE ST | TALLAHASSEE | FL | 32304 | 591426079 | 501(C)(3) | $6,000 | ANNUAL DONATION |
| MANNA FOOD PANTRIES | |||||||
| 3030 NORTH E STREET | PENSACOLA | FL | 32501 | 592181031 | 501(C)(3) | $25,000 | CAPITAL CAMPAIGN- NEW FACILITY |
| COUNCIL ON AGING OF WEST FLORIDA INC | |||||||
| 875 ROYCE STREET | PENSACOLA | FL | 32503 | 591373939 | 501(C)(3) | $10,000 | HURRICANE SALLY EMERGENCY RELIEF |
| SACRED HEART FOUNDATION | |||||||
| 5151 NORTH 9TH AVE | PENSACOLA | FL | 32504 | 592436597 | 501(C)(3) | $65,000 | COVID-19 EMERGENCY RELIEF (PPE) |
| UNITED WAY OF WEST FLORIDA | |||||||
| 1301 W GOVERNMENT ST | PENSACOLA | FL | 32502 | 590651076 | 501(C)(3) | $12,000 | MIRACLE ON PALAFOX - EVENT SPONSORSHIP ASSISTING UNITED WAY TO BUY CHRISTMAS GIFTS FOR CHILDREN. |
| BIG BROTHERS BIG SISTERS OF NORTHWEST FLORIDA | |||||||
| 1320 CREIGHTON RD | PENSACOLA | FL | 32504 | 592996893 | 501(C)(3) | $5,000 | HURRICANE SALLY EMERGENCY RELIEF |
| ATMORE LIONS CLUB | |||||||
| PO BOX 906 | ATMORE | AL | 36504 | 636049510 | 501(C)(3) | $5,000 | HURRICANE SALLY EMERGENCY RELIEF |
| BOYS AND GIRLS CLUB | |||||||
| 2751 N H STREET | PENSACOLA | FL | 32501 | 591267050 | 501(C)(3) | $5,000 | COVID-19 EMERGENCY RELIEF |
| JUNIOR ACHIEVEMENT OF NORTHWEST FLORIDA | |||||||
| 7100 PLANTATION ROAD | PENSACOLA | FL | 32504 | 590839555 | 501(C)(3) | $5,000 | ANNUAL DONATION |
| RONALD MCDONALD HOUSE OF NORTHWEST FLORIDA | |||||||
| 5200 BAYOU BLVD | PENSACOLA | FL | 32503 | 592172279 | 501(C)(3) | $5,000 | CASUAL 4 KIDS SPONSORSHIP |
| ESCAMBIA COUNTY AREA AGENCY ON AGING | |||||||
| 5090 COMMERCE PARK CIR | PENSACOLA | FL | 32505 | 591912803 | 501(C)(3) | $5,000 | ANNUAL DONATION |
| CITY OF GULF BREEZE | |||||||
| 1070 SHORELINE DR | GULF BREEZE | FL | 32561 | 593176093 | 501(C)(3) | $5,000 | BARGOWEEN SPONSORSHIP |
| SPRINGTIME TALLAHASSEE | |||||||
| 501 E TENNESSEE ST | TALLAHASSEE | FL | 32308 | 475306581 | 501(C)(3) | $5,000 | MUSIC STAGE SPONSORS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 19 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | HIGHER ED. SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 4 | RecipientCnt |
| Cash Grant | $20,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE CONTRIBUTED TO A GENERAL FUNDS ACCOUNT FOR USE AT THE DONEE ORGANIZATION'S DISCRETION. ADDITIONAL PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ARE AVAILABLE UPON REQUEST. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER RUTLEDGE | ||||||||||||||
| CEO | $813,719 | $0 | $0 | $0 | $0 | $0 | $8,515 | $0 | $16,048 | $0 | $838,282 | $0 | $0 | $0 |
| KURT STENERSON | ||||||||||||||
| EVP OF DIGITAL INNOVATION | $226,783 | $0 | $0 | $0 | $0 | $0 | $6,466 | $0 | $13,923 | $0 | $247,172 | $0 | $0 | $0 |
| ASHLEY JANSKY | ||||||||||||||
| EVP MEMBER EXPERIENCE | $210,360 | $0 | $0 | $0 | $0 | $0 | $5,839 | $0 | $14,946 | $0 | $231,145 | $0 | $0 | $0 |
| TERRY JOHNSON | ||||||||||||||
| EVP OF STRATEGY AND PERFORMANCE | $184,949 | $0 | $0 | $0 | $0 | $0 | $6,106 | $0 | $18,039 | $0 | $209,094 | $0 | $0 | $0 |
| JOANNE HYATT | ||||||||||||||
| SVP CHIEF LENDING OFFICER | $166,330 | $0 | $0 | $0 | $0 | $0 | $5,558 | $0 | $14,019 | $0 | $185,907 | $0 | $0 | $0 |
| ROBERT ALFT | ||||||||||||||
| FINANCIAL ADVISOR | $160,081 | $0 | $0 | $0 | $0 | $0 | $9,107 | $0 | $1,517 | $0 | $170,705 | $0 | $0 | $0 |
| MARCI WATTERS | ||||||||||||||
| FINANCIAL ADVISOR | $137,828 | $0 | $0 | $0 | $0 | $0 | $10,359 | $0 | $7,844 | $0 | $156,031 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINES 4A-B | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION HAS NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT WITH CHRIS RUTLEDGE. THE PLAN IS DESIGNED TO PROVIDE POST-RETIREMENT BENEFITS TO THE COVERED EMPLOYEES. THE 457(F) PLAN EFFECTIVE DATE IS AUGUST 12, 2005. THE CREDIT UNION PROCESSES THE VESTING SCHEDULE IN DECEMBER OF EACH YEAR. THE CREDIT UNION ALSO PAID A $30,000 SEVERANCE PAYMENT TO DEAN DAVIS IN 2020. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE GOVERNING BODY OF GULF WINDS CREDIT UNION IS OWNED AND CONTROLLED BY ITS MEMBERS AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. GULF WINDS CREDIT UNION DOES NOT HAVE STOCKHOLDERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF GULF WINDS CREDIT UNION ELECT ITS BOARD OF DIRECTORS AT THE ANNUAL MEMBERSHIP MEETING. THE BOARD OF DIRECTORS IS MADE UP OF TWELVE BOARD MEMBERS AND THE TERM FOR EACH BOARD MEMBER IS THREE YEARS. THE NOMINATING COMMITTEE WILL NOMINATE MEMBERS FOR OPEN BOARD POSITIONS OR MEMBERS MAY PLACE A NAME ON THEIR VOTING BALLOT BY PETITION. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING TYPES OF DECISIONS ARE SUBJECT TO THE APPROVAL BY THE CREDIT UNION'S MEMBERS: DISSOLUTION OF THE CREDIT UNION, ELECTION AND TERMINATION OF BOARD OR COMMITTEE MEMBERS, EXPULSION OF CREDIT UNION MEMBERS, AND CONVERSION FROM STATE TO FEDERAL CHARTER. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE CEO AND EVP OF STRATEGY AND PERFOMANCE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | RISK MANAGEMENT IS RESPONSIBLE FOR SEEING THAT CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY, AND FOR INVESTIGATING AND REPORTING ANY POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS APPROVES THE CEO'S SALARY. THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS USES "CUES" COMPENSATION SURVEYS IN CONJUNCTION WITH BALANCED COMP DATA, WHICH PROVIDES INDEPENDENT COMPARABLE SALARY DATA FOR THE DELIBERATION AND DECISION MAKING PROCESS. COMPENSATION FOR OTHER EMPLOYEES IS DETERMINED BY THE CEO IN ACCORDANCE WITH SALARY ADMINISTRATION POLICY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS ARE POSTED AT ALL THE BRANCHES. OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | PENSION LIABILITY ADJUSTMENT -2,026,404. |
| FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2(B) | THE CREDIT UNION RECEIVES AN ANNUAL FINANCIAL STATEMENT AUDIT FROM INDEPENDENT ACCOUNTANTS. HOWEVER, THE AUDIT PERIOD IS FROM JULY 1 TO JUNE 30. THE MOST RECENT AUDITED FINANCIALS AS OF DECEMBER 31, 2020, ARE FOR THE YEAR ENDED JUNE 30, 2021. |
| FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2(C) | THE CREDIT UNION HAS A SUPERVISORY COMMITTEE MADE UP OF MEMBER VOLUNTEERS WHO OVERSEE THE AUDIT OF THE CREDIT UNION'S FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GULF WINDS CARES FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 E NINE MILE ROAD | AddressLine1Txt |
| City | PENSACOLA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 851861244 | EIN |
| Primary Activities | FUNDING FOR COMMUNITY ORGANIZATIONS PROVIDING SERVICES TO YOUTH AND SENIORS | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |