2025-11-14T11:05:39-06:00 2024-12-31 454084437 WARREN AVERETT LLC 350 W CEDAR STREET SUITE 400 PENSACOLA FL 32502 990 2024-01-01 596143861 GULF WINDS CREDIT UNION GULF 8504799601 220 EAST NINE MILE ROAD PENSACOLA FL 32534 BRAD TANBERG CFO 8504799601 2025-11-13 1 1 CLAIRE C DUREN CPA P01577924 8504357400 2025-11-13 2024 2025-03-06 01:10:19Z BRAD TANBERG 220 EAST NINE MILE ROAD PENSACOLA FL 32534 102656506 0 X WWW.GOGULFWINDS.COM X STATE-CHARTERED CREDIT UNION 1954 FL THE ORGANIZATION OFFERS A SUITE OF FINANCIAL SERVICES TO MEMBERS IN FLORIDA, ALABAMA, AND GEORGIA. 7 7 309 12 0 0 0 0 28936465 37473958 15452410 19651217 18626984 19846912 63015859 76972087 175313 126107 0 0 19763137 20394479 0 0 0 35504088 48615981 55442538 69136567 7573321 7835520 1107021415 1188174437 1030212462 1099049975 76808953 89124462 X WE'RE ABOUT MORE THAN BANKING. WE CARE FOR OUR TEAM, MEMBERS, AND COMMUNIES BY INVESTING IN THEIR SUCCESS. WE BELIEVE YOUR JOURNEY MATTERS. WE GUIDE MEMBERS ALONG LIFE'S MOMENTS AND MILESTONES. WE PROVIDE SOLUTIONS, NOT OBSTACLES. BACKED BY OUR PEOPLE, WE LEVERAGE TECHNOLOGY AND FINANCIAL RESOURCES TO PROVIDE A GREAT EXPERIENCE, SIMPLY. WE CREATE OPPORTUNITIES FOR A BETTER TOMORROW. OUR STRENGTH PROVIDES THE PATH TO YOUR DREAMS. 0 0 IN OUR EFFORTS TO PROMOTE THRIFT AMONG OUR MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, CERTIFICATE OF DEPOSIT ACCOUNTS AS WELL AS IRA SAVINGS ACCOUNTS. 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. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 29806 0 1 309 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 0 1 1 1 0 X MYLENE KAIBIGAN 8504799601 220 EAST NINE MILE ROAD PENSACOLA FL 32534 A LARRY MALTBY DIRECTOR 1.00 X 0 0 0 DONNA LUEBBERS SECRETARY 1.00 X 0 0 0 GERALD EADY DIRECTOR 1.00 X 0 0 0 ERIC HAINES DIRECTOR 1.00 X 0 0 0 SHELLY FOUNTAIN TREASURER 1.00 X 0 0 0 WILLIAM FRITCHMAN CHAIRMAN 1.00 X 0 0 0 LYNN CREAR DIRECTOR 1.00 X 0 0 0 KURT STENERSON FORMER EVP OF DIGITAL INNOVATION 45.00 X 272175 0 13566 ASHLEY JANSKY CHEIF ADMINISTRATION OFFICER 45.00 X 320238 0 31590 TERRY JOHNSON EVP OF STRATEGY AND PERFO 45.00 X 258152 0 19984 DANIEL SOUERS CEO 45.00 X 373075 0 38834 SCOTT SLATTERY CHEIF GROWTH OFFICER 45.00 X 188427 0 24208 WALTER STEPNOWSKI CHEIF TECHNOLOGY OFFICER 45.00 X 188052 0 25568 JARRELL FLANDERS COO 45.00 X 161968 0 31704 CLAY MALLARD FINANCIAL ADVISOR 45.00 X 215766 0 26029 STEPHANIE CHASE VP OF RISK MANAGEMENT 45.00 X 154501 0 17240 LARRY D HAYES INTERIM CFO 1.00 X 116879 0 5634 LEE ANN ALLEN REGIONAL VP 1.00 X 157667 0 13244 2406900 0 247601 25 0 1 0 Q2 SOFTWARE PO BOX 678272 DALLAS TX 752678272 ONLINE BANKING 1312819 FISERV 600 N VEL R PHILLIPS AVE MILWAUKEE WI 53203 PAYMENTS SERVICE 1069793 JACK HENRY & ASSOCIATES INC 7400 CAHABA VALLEY ROAD BIRMINGHAM AL 35242 SOFTWARE 1040084 NCUA PAYMENT PROCESSING 1775 DUKE STREET ALEXANDRIA VA 22314 PROCESSING SERVICE 928299 APPLEYARD AGENCY 4400 BAYOU BLVD SUITE 11 PENSACOLA FL 32503 ADVERTISING 588667 43 INTEREST ON LOANS 522100 37473958 37473958 37473958 20402209 20402209 24933427 25682619 1800 -749192 -1800 -750992 -750992 FEES AND SERVICE CHARGES 522100 18728875 18728875 INTERCHANGE INCOME 522100 1336160 1336160 NSF & OVERDRAFT REFUNDS 522100 -218123 -218123 19846912 76972087 57320870 0 19651217 126107 1753868 13616297 333674 3462354 1228286 76226 96718 911824 1554007 1060319 4439809 339457 196368 533631 20243277 1274598 440458 PROVISION FOR LOAN LOSS 7516028 ATM AND DEBIT CARD EXPE 3341421 LOAN SERVICING 1018303 MEMBER ACCOUNT EXPENSES 862386 4711151 69136567 8409352 7787318 80592697 83302956 723783109 844923916 4105704 5506125 39300482 22067499 15849894 17232983 261651925 214805122 318476 106159 12310258 14509858 1107021415 1188174437 44548851 36232058 985663611 1062817917 1030212462 1099049975 X 0 0 0 0 76808953 89124462 76808953 89124462 1107021415 1188174437 X 7835520 2743867 1736122 X X 0 1 X 1 0 382 382 382 1 LEAGUE OF SOUTHEASTERN CREDIT UNIONS & AFFILIATES 3692 COOLIDGE COURT TALLAHASSEE FL 323117890 943458406 382 PART I-A, LINE 1: THE LEAGUE OF SOUTHEASTERN CREDIT UNIONS & AFFILIATES (LSCU) IS A DIRECT MEMBERSHIP ASSOCIATION REPRESENTING CREDIT UNIONS ACROSS ALABAMA, FLORIDA, GEORGIA, AND VIRGINIA. LSCU IS COMMITTED TO ADVOCATING ON BEHALF OF ITS MEMBER CREDIT UNIONS, PROVIDING EDUCATION, COMPLIANCE SUPPORT, AND BUSINESS SOLUTIONS TO STRENGTHEN THE CREDIT UNION MOVEMENT. THROUGH ITS ADVOCACY EFFORTS, LSCU ENGAGES IN NONPARTISAN POLITICAL ACTIVITIES TO SUPPORT A LEGISLATIVE AND REGULATORY ENVIRONMENT THAT ENABLES CREDIT UNIONS TO GROW AND BETTER SERVE THEIR MEMBERS. 1197895 1197895 38102587 22067499 16035088 17232983 ACCRUED INVESTMENT INCOME 364947 C RETIREMENT ASSETS 37382870 C OTHER INVESTMENTS 283269 C FEDERAL AGENCY SECURITIES 174347597 C CORP CU CAPITAL SHARES 1155339 C CERTIFICATES OF DEPOSIT 496000 C FHLB STOCK 775100 C 214805122 MEMBER DEPOSITS 1062817917 1062817917 0 GULF WINDS CARES FOUNDATION 220 E NINE MILE ROAD PENSACOLA FL 32534 851861244 501(C)(3) 126107 0 FUNDING FOR COMMUNITY ORGANIZATIONS 1 PART I, LINE 2: 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. X X 1 1 X X X 0 1 0 DANIEL SOUERS CEO 373075 0 0 0 0 0 10350 0 28484 0 411909 0 0 0 ASHLEY JANSKY CHEIF ADMINISTRATION OFFICER 320238 0 0 0 0 0 7061 0 24529 0 351828 0 0 0 KURT STENERSON FORMER EVP OF DIGITAL INNOVATION 272175 0 0 0 0 0 4623 0 8943 0 285741 0 0 0 TERRY JOHNSON EVP OF STRATEGY AND PERFO 258152 0 0 0 0 0 3947 0 16037 0 278136 0 0 0 CLAY MALLARD FINANCIAL ADVISOR 215766 0 0 0 0 0 6681 0 19348 0 241795 0 0 0 WALTER STEPNOWSKI CHEIF TECHNOLOGY OFFICER 188052 0 0 0 0 0 6220 0 19348 0 213620 0 0 0 SCOTT SLATTERY CHEIF GROWTH OFFICER 188427 0 0 0 0 0 6224 0 17984 0 212635 0 0 0 JARRELL FLANDERS COO 161968 0 0 0 0 0 6045 0 25659 0 193672 0 0 0 STEPHANIE CHASE VP OF RISK MANAGEMENT 154501 0 0 0 0 0 4834 0 12406 0 171741 0 0 0 LEE ANN ALLEN REGIONAL VP 157667 0 0 0 0 0 4787 0 8457 0 170911 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT WITH THE FOLLOWING OFFICERS: ASHLEY JANSKY (EVP MEMBER EXPERIENCE), TERRY DALE JOHNSON (EVP OF STRATEGY AND PERFORMANCE), AND KURT STENERSON (EVP OF DIGITAL INNOVATION). THE 457(F) PLAN IS DESIGNED TO PROVIDE POST-RETIREMENT BENEFITS TO THE COVERED EMPLOYEES. 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 CFO 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 1,736,122. 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, 2024, ARE FOR THE YEAR ENDED JUNE 30, 2025. 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. GULF WINDS CARES FOUNDATION 220 E NINE MILE ROAD PENSACOLA FL 32534 851861244 FUNDING FOR COMMUNITY ORGANIZATIONS PROVIDING SERVICES TO YOUTH AND SENIORS FL 501(C)(3) PF 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GULF WINDS CARES FOUNDATION B 126107 CASH VALUE