2018-01-31T20:59:28-05:00 2016-12-31 261694946 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2016-01-01 581122970 CGR CREDIT UNION CGRC 4787450494 2040 INGLESIDE AVE MACON GA 31204 ROBERT JORDAN PRESIDENT/CEO 4789607422 2017-05-15 DANIEL J COLE P00055998 9547551760 2018-01-31 05F306D322AA9CE035320F44B16AA575BAA07600 08BD273990EA01E5E38543C8FC488B7685EB5954 2016 2021-01-29 14:40:06Z ROBERT JORDAN 5762301 false X WWW.CGRCU.ORG X 1971 GA COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES INCLUDING SAVINGS AND LOANS 7 7 44 4 925814 846093 0 4680754 4836487 -20467 842279 925814 5523033 5741834 0 0 1878236 2026526 0 0 2549132 2639505 4427368 4666031 1095665 1075803 82590535 83086297 69782688 69268741 12807847 13817556 X CGR CREDIT UNION IS A FINANCIAL COOPERATIVE DEDICATED TO PROVIDING SAVINGS AND LOANS TO OUR MEMEBERS UTILIZING SAFE BUSINESS PRACTICES. CGR CREDIT UNION IS HERE OUR MEMBERS TRUST US WITH ALL THEIR FINANCIAL BUSINESS AND STAY WITH US FOR LIFE. false false 140654 COOPERATIVE NON-PROFIT FINANCIAL CHARTERED IN 1971 FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG MEMBERS, PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING MEMEBERS AN OPPURTUNITY TO IMPROVE THEIR FINANCIAL CONDITION. 4525377 CREDIT UNION 4525377 4666031 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false 1831 0 true 44 true true true false false false false false X 7 7 false false false false false true false true true false true true true true true true false true true true false ROBERT JORDAN 4787450494 2040 INGLESIDE AVE MACON GA 31204 ROBERT JORDAN PRESIDENT/CE 45.00 X 176739 0 0 KAREN FARR DIRECTOR 5.00 X 0 0 0 TIMOTHY SLOCUM CHAIRMAN 5.00 X 0 0 0 CATHY PATTERSON VICE CHAIRMA 5.00 X 0 0 0 CLINT HARPER BOARD MEMBER 5.00 X 0 0 0 QUENTIN JUDE SCRETARY 5.00 X 0 0 0 DAVID EVANS BOARD MEMBER 5.00 X 0 0 0 DOANLD SMITH BOARD MEMBER 5.00 X 0 0 0 176739 1 false true false FIS GLOBAL PO BOX 4535 CAROL STREAM IL 60197 DR/CR PROCESSOR 231429 HOWE CONSTRUCTION 11285 ELKINS ROAD G1 ROSWELL GA 30304 CONSTRUCTION 193229 SHARE ONE INC 2650 THOUSAND OAKS BLVD SUITE 1120 MEMPHIS TN 38118 CORE PROCESSOR 150735 3 FEE INCOME-PRODUCTS & SERVICE 522291 2230051 2230051 INTERST INCOME ON LOANS 522100 2105103 2105103 INVESTMENT INCOME 524298 331473 331473 INSURANCE PRODUCTS ON LOANS 169860 169860 4836487 3454 17013 -3454 -17013 -20467 -20467 ATM SURCHARGE 522291 925814 925814 925814 5741834 4816020 925814 140654 140654 1419318 1419318 52976 52976 303662 303662 109916 109916 842132 842132 16185 16185 19200 19200 173935 173935 17031 17031 106303 106303 438744 438744 246737 246737 42788 42788 363226 363226 PROVISION FOR LOAN LOSS 187157 187157 TOTAL MISC OPERATING EXP 186067 186067 4666031 4666031 0 0 2350009 2262600 42077186 41321741 -7426 -33935 34056830 35115292 77077 122569 3649834 1374287 2086053 2275547 1950806 2022483 82590535 83086297 827863 1216185 68954825 68052556 69782688 69268741 X 12807847 13817556 12807847 13817556 82590535 83086297 1075803 -66094 X false false 364200 364200 2332721 563536 1769185 2133385 TOTAL SHARES 67675554 TOTAL ACCRUED EXPENSES 377002 68052556 X true false X X X false false false ROBERT JORDAN PRESIDENT/CEO 140654 12955 23130 176739 SCHEDULE J, PAGE 1, PART I, LINE 1A 36 PER MONTH PER EMPLOYEE FOR A HEALTH CLUB MEMBERSHIP FOR 2 EMPLOYEES TO TOTAL 72 PER MONTH. DIANNE JORDAN PRESIDENT SPOUS JOINT INVESTMENT false SCHEDULE L, PART V THE FIRST SPLIT DOLLAR 457F PLAN WITH PRESIDENT ROBERT JORDAN HAS BEEN IN PLACE SINCE 2009. A LOAN ADVANCE OF 39,999.99 IS POSTED YEARLY. THE LOAN ADVANCE IS NONRECOURSE SPLIT DOLLAR TO PAY PREMIUM THE SECOND SPLIT DOLLAR PLAN WITH PRESIDENT JORDAN IS A JOINT INVESTMENT WITH HIS SPOUSE IN A CASH VALUE INSURANCE POLICY TO PROVIDE REASONABLE RETIRMENT INCOME FOR THE INTERESTED PERSON AND INVESMENT RETURN AND INTEREST TO GCR CREDIT UNION. FORM 990 - ORGANIZATION'S MISSION CGR CREDIT UNION IS A FINANCIAL COOPERATIVE DEDICATED TO PROVIDING SAVINGS AND LOANS TO OUR MEMEBERS UTILIZING SAFE BUSINESS PRACTICES. CGR CREDIT UNION IS HERE OUR MEMBERS TRUST US WITH ALL THEIR FINANCIAL BUSINESS AND STAY WITH US FOR LIFE. FORM 990, PAGE 2, PART III, LINE 4D CREDIT UNION FORM 990, PAGE 6, PART VI, LINE 7A ELECTION BY MEMBERS AT THE ANNUAL MEETING OF THE MEMBERSHIP IS HELD THE 2ND TUESDAY IN FEBRUARY EACH YEAR. NOMINATIONS ARE OPENED 45 DAYS PRIOR TO THE MEETING AND ARE SUBMITTED TO THE BOARD APPOINTED "NOMINATING COMMITTEE". NOMINEES ARE VETTED TO THE EXTENT THAT THEY ARE MEMBERS IN GOOD STANDING AND ARE FINANCIALLY RESPONSIBLE IN THEIR PERSONAL BUSINESS. NOMINATIONS ARE ALSO CALLED FOR FROM THE FLOOR OF THE ANNUAL MEETING AND, SHOULD THERE BE A NOMINEE FROM THE FLOOR, THE SUPERVISORY COMMITTEE IS POSITIONED TO DO AN ON-THE-SPOT REVIEW OF THE NOMINEE'S QUALIFICATIONS. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 12C WE HAVE A CODE OF ETHICS THAT COVERS CONFLICTS OF INTEREST AS WELL AS OUR EMPLOYEE HANDBOOK. ALL OFFICIALS ARE REQUIRED TO SIGN "CONFLICT OF INTEREST" STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A WE USE HR PERFORMANCE SOLUTIONS' PRODUCT CALLED COMPEASE AS A BENCHMARKING TOOL FOR ALL EMPLOYEES. THE BOD REFERENCES THIS TOOL IN THEIR DECISIONS FOR SETTING THE CEO'S SALARY. THE BOARD OF DIRECTORS REVIEWS THE CEO PERFORMANCE ANNUALLY AND CONSULTS WITH A THIRD-PARTY FIRM QUALIFIED TO EVALUATE WHAT IS APPROPRIATE AND COMPETITIVE IN BOTH COMPENSATION AND BENEFITS. FORM 990, PAGE 6, PART VI, LINE 15B WE USE HR PERFORMANCE SOLUTIONS PRODUCT CALLED COMPEASE AS A BENCHMARKING TOOL FOR ALL EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS THAT ARE NOT PUBLICALLY AVAILABLE ONLINE ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S INGLESIDE AVE BRANCH. THE CONFLICT OF INTEREST POLICY WOULD ALSO BE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH.