2025-11-12T14:50:26-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 590729366 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 7274317680 PO BOX 1500 DUNEDIN FL 34697 JANICE HOLLAR CFO 7274317508 2025-11-12 1 0 AUBREY CLEGG P01076395 3052328272 2025-11-12 2024 2025-03-06 01:10:19Z ACHIEVA CREDIT UNION GARY REGOLI PO BOX 1500 DUNEDIN FL 34697 189442630 0 X WWW.ACHIEVACU.COM X 1937 FL NOT-FOR-PROFIT ORGANIZATION - STATE CHARTERED CREDIT UNION. 8 8 652 11 595527 0 0 0 122166642 150607505 16491986 17133434 0 0 138658628 167740939 46136 232741 0 0 44745011 52214625 0 0 0 71484391 98954301 116275538 151401667 22383090 16339272 2815477380 2897086645 2617008550 2680417533 198468830 216669112 X NOT-FOR-PROFIT ORGANIZATION STATE CHARTERED CREDIT UNION. 1 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 34286 0 1 652 1 1 1 0 0 0 0 0 1 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X JANICE HOLLAR 7274317508 1659 ACHIEVA WAY DUNEDIN FL 346987405 JANET CANTEES CHAIRPERSON 1.00 X 3648 0 0 LINDA EMANUEL VICE CHAIRPERSON 1.00 X 0 0 0 THERON HAWKINS BOARD MEMBER 1.00 X 5878 0 0 ROHLAND BRYANT BOARD MEMBER 1.00 X 0 0 0 MIKE SILVERNAIL BOARD MEMBER 1.00 X 0 0 0 BILL WILLIAMSON BOARD MEMBER 1.00 X 0 0 0 JEFF FELARDO SECRETARY/TREASURER 1.00 X 10553 0 0 WALTER MOORE BOARD MEMBER 1.00 X 0 0 0 VICTOR LEE BOARD MEMBER 1.00 X 13233 0 0 GARY REGOLI PRESIDENT/CEO 40.00 X 2881959 0 761410 JANICE HOLLAR CFO 40.00 X 492073 0 45162 JOHN WINTERMEIER CBO 40.00 X 296770 0 51107 JENNIFER GALLEY COO 40.00 X 394696 0 63332 DAVID OAK CMO 40.00 X 329572 0 60201 LISA SMITH CRO 40.00 X 337163 0 55294 TRACY INGRAM CTO 40.00 X 392128 0 30152 JEFFREY BLAKE CPO 40.00 X 228891 0 10495 JAMES DAWSON CDDO 40.00 X 345081 0 62551 SARAH SCHACKMANN CPO 40.00 X 168535 0 25769 STEVEN NORDBECK VP WEALTH ADVISOR 40.00 X 450360 0 59446 BRETT HARNER VP WEALTH PROGRAM MANAGER 40.00 X 342466 0 22533 REBECCA FISHER VP WEALTH ADVISOR 40.00 X 423860 0 51403 HORACE HACKNEY VP CONTROLLER 40.00 X 246634 0 34197 EDWIN EGAN VP ENTERPRISE ANALYTICS/DATA 40.00 X 233359 0 17010 7596859 0 1350062 65 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT/DEBIT CARD PROCESSOR 2464198 ALKAMI TECHNOLOGY INC 5601 GRANITE PARKWAY STE 120 PLANO TX 75024 SOFTWARE PROVIDER 2182081 BANDES CONSTRUCTION CO INC 1368 SPALDING ROAD SUITE C DUNEDIN FL 34698 BRANCH CONSTRUCTION 1730292 CDW DIRECT LLC 200 N MILWAKEE AVE VERNON HILLS IL 60061 IT HARDWARE/SOFTWARE 1380949 CO-OP MEMBER CENTER 9692 HAVEN AVE SUITE 300 RANCHO CUCAMONGA CA 91730 MEMBER SERVICES / ZELLE 1151679 90 INTEREST ON LOANS TO M 522100 116884421 116884421 FEES/CHARGES/OTHER 522100 33127557 33127557 FINANCE AND INSURANCE 520000 595527 595527 150607505 18012340 18012340 20820500 2285 21686952 14739 -866452 -12454 -878906 -878906 167740939 167145412 595527 0 X 232741 6780153 35376405 2564690 4550535 2942842 186031 182003 3446659 4570995 5344987 6437466 2680365 521922 106408 47385573 240109 4362979 465471 PROVISION FOR LOAN LOSS 11779997 DEBIT CARD EXPENSES 4860604 MAINTENANCE 2753882 LOAN SERVICING 2121741 1507109 151401667 15816898 16385040 173793170 183713155 13976167 27076026 2055667255 2119163463 3335422 4232015 100592701 34939954 60865076 65652747 337842278 313334615 5317186 2870900 42059798 42550545 106804130 122108139 2815477380 2897086645 30388875 34941060 1008855 1366491 50000000 2535610820 2644109982 2617008550 2680417533 X 0 0 0 0 198468830 216669112 198468830 216669112 2815477380 2897086645 16339272 1861010 0 X X 0 1 X 1 0 5000 5000 5000 1 FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 5000 0 1 X 16519386 16519386 53816449 13281466 40534983 30256866 21658488 8598378 65652747 CERTIFICATE OF DEPOSITS 780910150 IRA ACCOUNTS 31509463 MONEY MARKET 135014440 REGULAR SHARES 1081426530 SHARE DRAFTS 615249399 2644109982 X 167740939 0 167740939 0 167740939 151401667 0 151401667 0 151401667 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) 232741 0 TO ASSIST THE FOUNDATION IN ITS MISSION TO PROMOTE AND PROVIDE FINANCIAL ASSISTANCE TO THE COMMUNITY TO COMBAT COMMUNITY DETERIORATION AND ADVANCE EDUCATION. 1 0 PART I, LINE 2 ACHIEVA CREDIT UNION SPONSORS THE ACHIEVA FOUNDATION CORPORATION. THE FOUNDATION'S BOARD IS COMPRISED OF EMPLOYEES OF THE CREDIT UNION WHO ENSURE FUNDS ARE USED APPROPRIATELY. X 1 1 X X X X X 0 1 0 GARY REGOLI PRESIDENT/CEO 1010883 0 400051 0 1471025 0 730722 0 30688 0 3643369 0 285500 0 JANICE HOLLAR CFO 403795 0 70771 0 17507 0 23274 0 21888 0 537235 0 0 0 STEVEN NORDBECK VP WEALTH ADVISOR 36795 0 412836 0 729 0 27596 0 31850 0 509806 0 0 0 REBECCA FISHER VP WEALTH ADVISOR 42011 0 381672 0 177 0 25364 0 26039 0 475263 0 0 0 JENNIFER GALLEY COO 328831 0 64138 0 1727 0 27600 0 35732 0 458028 0 0 0 TRACY INGRAM CTO 331245 0 59217 0 1666 0 26540 0 3612 0 422280 0 0 0 JAMES DAWSON CDDO 308093 0 32577 0 4411 0 25878 0 36673 0 407632 0 0 0 LISA SMITH CRO 283304 0 47421 0 6438 0 23157 0 32137 0 392457 0 0 0 DAVID OAK CMO 294653 0 30482 0 4437 0 25134 0 35067 0 389773 0 0 0 BRETT HARNER VP WEALTH PROGRAM MANAGER 190992 0 150957 0 517 0 13450 0 9083 0 364999 0 0 0 JOHN WINTERMEIER CBO 265353 0 27454 0 3963 0 21095 0 30012 0 347877 0 0 0 HORACE HACKNEY VP CONTROLLER 218308 0 23964 0 4362 0 19829 0 14368 0 280831 0 0 0 EDWIN EGAN VP ENTERPRISE ANALYTICS/DATA 202975 0 26261 0 4123 0 17010 0 0 0 250369 0 0 0 JEFFREY BLAKE CPO 147763 0 80238 0 890 0 9271 0 1224 0 239386 0 0 0 SARAH SCHACKMANN CPO 168173 0 27 0 335 0 13780 0 11989 0 194304 0 0 0 PART I, LINE 4B THE CREDIT UNION MAINTAINED A DEFERRED COMPENSATION PLAN FOR GARY REGOLI, PRESIDENT/CEO, WHO RECEIVED A BENEFIT PAYOUT DURING 2024 IN THE AMOUNT OF $1,428,539. THE CREDIT UNION'S EXPENSE RELATED TO THIS PLAN APPROXIMATED $714,000 FOR THE YEAR ENDED DECEMBER 31, 2024. FORM 990, PART III, LINE 2 ACHIEVA CREDIT UNION LAUNCHED ACHIEVA TITLE SERVICES, ITS NEWLY FORMED CREDIT UNION ORGANIZATION (CUSO). ACHIEVA TITLE SERVICES WILL PARTNER WITH THE CREDIT UNION'S MORTGAGE DEPARTMENT TO ENRICH SERVICE OFFERINGS, STREAMLINE OPERATIONS, AND MAKE THE LOAN CLOSING PROCESS SEAMLESS FOR ANYONE PURCHASING OR SELLING A RESIDENTIAL OR COMMERCIAL PROPERTY. 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, HILLSBOROUGH, BROWARD, CITRUS, MIAMI-DADE, OKEECHOBEE, PALM BEACH, POLK AND SUMTER 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 THE BOARD OF DIRECTORS AND THE MEMBERS OF THE SUPERVISORY COMMITTEE EVERY TWO YEARS. 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 OFFICER 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 UTILIZED IN 2024 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 3,446,659. FORM 990, PART IX, LINE 24E ATM EXPENSES 746,157. MISCELLANEOUS 653,224. CORE DEPOSIT INTANGIBLE 83,658. TRAINING/DEVELOPMENT/EDUCATION 24,070. 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 III LLC 1659 VIRGINIA STREET DUNEDIN FL 34698 590729366 PURCHASING LOANS FL -85677 8241 ACHIEVA CREDIT UNION ACHIEVA HOLDING COMPANY LLC 1659 ACHIEVA WAY DUNEDIN FL 34698 920266130 HOLDING COMPANY FL 360690 4015390 ACHIEVA CREDIT UNION ACHIEVA INSURANCE AGENCY LLC 1659 ACHIEVA WAY DUNEDIN FL 34698 844799290 INSURANCE SALES FL 352798 1250188 ACHIEVA HOLDING COMPANY LLC ACHIEVA TITLE SERVICES LLC 1659 ACHIEVA WAY DUNEDIN FL 34698 TITLE SERVICES FL 93569 882662 ACHIEVA HOLDING COMPANY LLC THE ACHIEVA FOUNDATION CORPORATION 1659 ACHIEVA WAY DUNEDIN FL 34698 320378770 FINANCIAL ASSISTANCE AND EDUCATION TO COMMUNITY FL 501(C)(3) LINE 10 ACHIEVA CREDIT UNION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE ACHIEVA FOUNDATION B 232741 ACTUAL