CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA (EIN 57-0350988)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-05-15
IRS object ID: 201831359349303443
Schema version: 2017v2.3
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-05-15T11:22:38-04:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	570568919	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CANTEY TILLER PIERCE & GREEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 862	AddressLine1Txt
City	CAMDEN	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29021	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	570350988	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GEORGETOWN KRAFT CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GEOR	BusinessNameControlTxt
Phone	8434366316	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1379 NORTH FRASER STREET	AddressLine1Txt
City	GEORGETOWN	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29440	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KEVIN OWENS	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	8434366316	PhoneNum
Signature	2018-05-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JANET M PIERCE	PreparerPersonNm
PTIN	P00498837	PTIN
Phone	8034321436	PhoneNum
Preparation	2018-05-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KEVIN OWENS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1379 NORTH FRASER ST	AddressLine1Txt
City	GEORGETOWN	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29440	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$7,496,720	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.GEORGETOWNKRAFTCU.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1952	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	STATE CHARTERED CREDIT UNION	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	70	TotalEmployeeCnt
Total Volunteers	12	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,293,543	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,217,728	CYProgramServiceRevenueAmt
PY Investment Income	$211,551	PYInvestmentIncomeAmt
CY Investment Income	$278,992	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$6,505,094	PYTotalRevenueAmt
CY Total Revenue	$7,496,720	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,064,234	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,188,804	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,894,016	PYOtherExpensesAmt
CY Other Expenses	$3,450,469	CYOtherExpensesAmt
PY Total Expenses	$5,958,250	PYTotalExpensesAmt
CY Total Expenses	$6,639,273	CYTotalExpensesAmt
PY Revenues Less Expenses	$546,844	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$857,447	CYRevenuesLessExpensesAmt
Total Assets BOY	$99,860,987	TotalAssetsBOYAmt
Total Assets EOY	$107,649,483	TotalAssetsEOYAmt
Total Liabilities BOY	$87,592,010	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$94,789,131	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$12,268,977	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$12,860,352	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	STATE CHARTERED CREDIT UNION	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$6,639,273	ExpenseAmt
Revenue	$7,217,728	RevenueAmt
Desc	DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Desc	DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$6,639,273	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
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	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	1695	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	70	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
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	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	false	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	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
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	KEVIN OWENS	PersonNm
Phone	8434366316	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1379 NORTH FRASER ST	AddressLine1Txt
City	GEORGETOWN	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29440	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
JAMES BESSANT
VICE CHAIRMA	0.25	Yes (X)	$0	$0	$0
PATSY ETHRIDGE
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
MALCOM FORE
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
CHRISTOPHER JOHNSON
TREASURER	0.25	Yes (X)	$0	$0	$0
RAYMOND PEARIGEN JR
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
DENNIS LOADHOLT
CHAIRMAN	1.00	Yes (X)	$0	$0	$0
RICHARD MARTIN
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
DARRELL THOMAS
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
FELICCIA WILSON
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
DAVID GRAHAM
PAST PRESIDE	40.00		$156,364	$0	$0	Yes (X)
KEVIN OWENS
CEO	40.00		$141,926	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$298,290	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	Address Line2ContractorAddress/USAddress/AddressLine2Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PSCU
560 CARILLON PARKWAY	560 CARILLON PARKWAY	ST PETERSBURG	FL	33716	CARD PROCESSOR	$459,820
FISERV INC
PO BOX 300016	PO BOX 300016	DULUTH	GA	30966	COMPUTER OPERAT	$362,079

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST ON LOANS	522291	$3,817,475	$3,817,475
FEE INCOME	522100	$2,959,313	$2,959,313
OTHER OPERATING INCOME	522100	$440,940	$440,940

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,217,728	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$278,992	TotalRevenueColumnAmt
Exclusion	$278,992	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,496,720	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,217,728	RelatedOrExemptFuncIncomeAmt
Exclusion	$278,992	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,417,162	TotalAmt
Program Services	$2,417,162	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$257,814	TotalAmt
Program Services	$257,814	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$326,567	TotalAmt
Program Services	$326,567	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$187,261	TotalAmt
Program Services	$187,261	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$516,782	TotalAmt
Program Services	$516,782	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$45,819	TotalAmt
Program Services	$45,819	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$215,093	TotalAmt
Program Services	$215,093	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$331,559	TotalAmt
Program Services	$331,559	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PROFESSIONAL & O/S SERVIC	$1,022,519	$1,022,519
OFFICE OPERATIONS	$347,004	$347,004
PROVISION FOR LOAN LOSS	$268,692	$268,692
LOAN SERVICING EXPENSE	$265,315	$265,315

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$437,686	TotalAmt
Program Services	$437,686	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,639,273	TotalAmt
Program Services	$6,639,273	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,094,985	BOYAmt
EOY	$4,896,960	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$24,867,849	BOYAmt
EOY	$22,700,256	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$59,988,171	BOYAmt
EOY	$68,859,897	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,423,558	BOYAmt
EOY	$1,792,424	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$8,157,701	LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$8,466,419	BOYAmt
EOY	$8,157,701	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,020,005	BOYAmt
EOY	$1,242,245	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$99,860,987	BOYAmt
EOY	$107,649,483	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$808,523	BOYAmt
EOY	$1,314,763	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$86,783,487	BOYAmt
EOY	$93,474,368	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$87,592,010	BOYAmt
EOY	$94,789,131	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$12,268,977	BOYAmt
EOY	$12,860,352	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,268,977	BOYAmt
EOY	$12,860,352	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$99,860,987	BOYAmt
EOY	$107,649,483	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$857,447	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$266,072	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,196,789	OtherCostOrOtherBasisAmt
Book Value	$2,196,789	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,413,743	OtherCostOrOtherBasisAmt
Book Value	$5,413,743	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$547,169	OtherCostOrOtherBasisAmt
Book Value	$547,169	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,157,701	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	SHARES	Desc
Amt	$93,474,368	Amt

Field	Value	IRS element (for citing)
Total Liability	$93,474,368	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
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

Field	Value	IRS element (for citing)
Person	DAVID GRAHAM	PersonNm
Title	PAST PRESIDENT	TitleTxt
Base Compensation Filing Org	$147,315	BaseCompensationFilingOrgAmt
Other Compensation Filing Org	$9,049	OtherCompensationFilingOrgAmt
Total Compensation Filing Org	$156,364	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4D	DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.
FORM 990, PAGE 6, PART VI, LINE 6	GEORGETOWN KRAFT CREDIT UNION MEMBERSHIP CONSIST OF ANYONE WHO LIVES, WORKS, OR ATTENDS SCHOOL IN GEORGETOWN OR WILLIAMSBURG COUNTIES AND PERSONS RELATED BY BLOOD OR MARRIAGE TO ANY OTHER GEORGETOWN KRAFT CREDIT UNION MEMBER.
FORM 990, PAGE 6, PART VI, LINE 7A	AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS.
FORM 990, PAGE 6, PART VI, LINE 12C	ANY ISSUE THAT MANAGEMENT IS AWARE OF IS DISCUSSED WITH THE EMPLOYEE.
FORM 990, PAGE 6, PART VI, LINE 15A	THE COMPENSATION COMMITTEE ALONG WITH THE BOARD OF DIRECTORS APPROVE THE CEO'S AND THE VICE PRESIDENT'S SALARIES.
FORM 990, PAGE 6, PART VI, LINE 15B	EMPLOYEES ARE GIVEN EVALUATIONS BEFORE THEY RECEIVE SALARY INCREASES. THESE INCREASES ARE APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ONE OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. SOME DOCUMENTS ARE POSTED IN THE BRANCH LOBBIES.
FORM 990, PART XI, LINE 9	OTHER COMP INCOME -266,072