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STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0687423)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-11-14
IRS object ID
201413189349309001
Schema version
2013v3.1
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

FieldValueIRS element (for citing)
Return2014-11-14T05:11:43-00:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ORTH CHAKLER MURNANE AND CO CPAsBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112060 SW 129 COURT SUITE 201AddressLine1
CityMIAMICity
StateFLState
ZIP Code33186ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN590687423EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FIRST COMMERCE CREDIT UNIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlFIRSBusinessNameControlTxt
Phone8005335772PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12073 SUMMIT LAKE DRIVE Room 100AddressLine1
CityTALLAHASSEECity
StateFLState
ZIP Code32317ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNIS G ADAMSPersonNm
Person TitleSVPCFOPersonTitleTxt
Signature2014-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDOUGLAS ORTHPreparerPersonNm
Phone3052328272PhoneNum
Preparation2014-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

Principal Ofcr Business Address PrincipalOfcrBusinessAddress

FieldValueIRS element (for citing)
Business Name Line1CECILIA HOMISONBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line12073 SUMMIT LAKE DRIVE SUITE 100AddressLine1
CityTALLAHASSEECity
StateFLState
ZIP Code32317ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$28,306,916GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Group Exemption2106GroupExemptionNum
Organization501cYes (X)Organization501cInd
Website AddressWWW.FIRSTCOMMERCECU.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscCREDIT UNIONOtherOrganizationDsc
Formation1940FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROVIDE SERVICES AND EDUCATION TO MEMBERS IN THE FRAMEWORK OF A FINANCIAL COOPERATIVE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee146TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$42,778TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$23,320,686PYProgramServiceRevenueAmt
CY Program Service Revenue$22,056,798CYProgramServiceRevenueAmt
PY Investment Income$491,410PYInvestmentIncomeAmt
CY Investment Income$527,118CYInvestmentIncomeAmt
PY Other Revenue$3,357,755PYOtherRevenueAmt
CY Other Revenue$4,468,968CYOtherRevenueAmt
PY Total Revenue$27,169,851PYTotalRevenueAmt
CY Total Revenue$27,052,884CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,429,491PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,541,700CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$17,376,525PYOtherExpensesAmt
CY Other Expenses$15,572,288CYOtherExpensesAmt
PY Total Expenses$25,806,016PYTotalExpensesAmt
CY Total Expenses$24,113,988CYTotalExpensesAmt
PY Revenues Less Expenses$1,363,835PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,938,896CYRevenuesLessExpensesAmt
Total Assets BOY$354,673,140TotalAssetsBOYAmt
Total Assets EOY$384,271,252TotalAssetsEOYAmt
Total Liabilities BOY$308,597,528TotalLiabilitiesBOYAmt
Total Liabilities EOY$335,395,283TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$46,075,612NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$48,875,969NetAssetsOrFundBalancesEOYAmt
MissionTO BE OUR MEMBERS FINANCIAL PARTNER FOR LIFE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTALLAHASSEES 1 AUTO LENDING PROGRAM OVER THE PAST DECADE- FIRST COMMERCE HAS EARNED THE TITLE OF TALLAHASSEES NUMBER ONE AUTO LENDER YEAR AFTER YEAR. THIS TITLE HAS BEEN CONSISTENTLY EARNED BECAUSE THE CREDIT UNION OFFERS A RANGE OF AUTO LOAN CHOICES FOR ALMOST EVERY BUDGET AND CREDIT LEVEL. FIRST COMMERCES FLEXIBLE TERMS AND COMPETITIVE RATES ALLOW MEMBERS TO PURCHASE THE VEHICLE THEY NEED AT A MONTHLY PAYMENT THEY CAN AFFORD. OVER 9,000 MEMBERS CURRENTLY ENJOY THE MOST CONSUMER-FRIENDLY AUTO LOAN PROGRAM IN THE AREA.Desc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyYes (true)PoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document6280IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee146EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWILMA WOOTENPersonNm
Phone8504103563PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 6416AddressLine1
CityTALLAHASSEECity
StateFLState
ZIP Code32314ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JR PHELPS
DIRECTOR001.00Yes (X)$0$0$0
RIVERS BUFORD III
VICE CHAIRMAN001.00Yes (X)$0$0$0
MIKE GOMEZ
TREASURER001.00Yes (X)$0$0$0
JERRY OSTERYOUNG
CHAIRMAN001.00Yes (X)$0$0$0
CANITA PETERSON
SECRETARY001.00Yes (X)$0$0$0
KATHY ARRANT
DIRECTOR001.00Yes (X)$0$0$0
JOHN GRAYSON
DIRECTOR001.00Yes (X)$0$0$0
CECILIA HOMISON
CEO040.00$301,255$0$40,437Yes (X)
DENNIS G ADAMS
VP/CFO040.00$157,325$0$15,484Yes (X)
MARY ESTES
SR. VP OF OPERATIONS040.00$259,915$0$25,990Yes (X)
JEFF BOND
VP AND CIO040.00$194,448$0$20,276Yes (X)
CARLA DE BALDO
VP OF SALES040.00$156,222$0$17,468Yes (X)
DONNA MORAN
DIRECTOR OF HUMAN RESOURCES040.00$113,910$0$20,774Yes (X)
ANDY PRICE
GENERAL COUNCIL040.00$129,690$0$15,587Yes (X)
JOHN MEDINA
PRESIDENT- INVESTMENT DIVISION040.00$132,982$0$7,024Yes (X)
JEFF ASKINS
FINANCIAL ADVISOR040.00$114,915$0$10,791Yes (X)
WILMA WOOTEN
CONTROLLER040.00$117,595$0$8,510Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,678,257TotalReportableCompFromOrgAmt
Total Other Compensation$182,341TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
CORNERVIEW BUILDING LLC
1625 SUMMIT LAKE DRIVE STE 229TALLAHASSEEFL32317MONTHLY LEASE$1,109,468
CORELOGIC TAX SERVICES LLC
PO BOX 200079DALLASTX75320TAX SERVICES$988,540
JACK HENRY & ASSOCIATES
PO BOX 503328ST LOUISMO63150DATA PROCESSING SERVICES$307,275
THIRD DEGREE ADVERTISING
501 N WALKER STE 100OKLAHOMA CITYOK73104ADVERTISING$577,624
FISERV
PO BOX 409287ATLANTAGA30384DATA PROCESSING/ATM HOME BANKING$1,279,586
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K15CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
LOANS TO MEMBERS522100$16,049,671$16,049,671
FEES AND SERVICES522100$5,964,349$5,964,349
UNRELATED BUSINESS INCOME900099$42,778$42,778
FieldValueIRS element (for citing)
Total Program Service Revenue$22,056,798TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$359,329TotalRevenueColumnAmt
Related Or Exempt Func Income$359,329RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$1,421,821OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,254,032OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$167,789OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$167,789TotalRevenueColumnAmt
Related Or Exempt Func Income$167,789RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS INCOME522100$3,700,024$3,700,024
OTHER OPERATING INCOME522100$768,944$768,944
FieldValueIRS element (for citing)
Other Revenue Total$4,468,968OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,052,884TotalRevenueColumnAmt
Related Or Exempt Func Income$27,010,106RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$42,778UnrelatedBusinessRevenueAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,188,820TotalAmt
Program Services$1,188,820ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,419,938TotalAmt
Program Services$5,419,938ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$351,717TotalAmt
Program Services$351,717ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,061,458TotalAmt
Program Services$1,061,458ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$519,767TotalAmt
Program Services$519,767ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$54,207TotalAmt
Program Services$54,207ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$138,124TotalAmt
Program Services$138,124ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$178,883TotalAmt
Program Services$178,883ProgramServicesAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Fees For Services Prof FundraisingFeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$490,385TotalAmt
Program Services$490,385ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,175,486TotalAmt
Program Services$1,175,486ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$593,661TotalAmt
Program Services$593,661ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$146,431TotalAmt
Program Services$146,431ProgramServicesAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,617,337TotalAmt
Program Services$1,617,337ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$116,146TotalAmt
Program Services$116,146ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$32,995TotalAmt
Program Services$32,995ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,603,398TotalAmt
Program Services$1,603,398ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$55,265TotalAmt
Program Services$55,265ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,850,071TotalAmt
Program Services$1,850,071ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$229,711TotalAmt
Program Services$229,711ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSEET ATTACHED SCHEDULEDesc
Total$7,290,188TotalAmt
Program Services$7,290,188ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,113,988TotalAmt
Program Services$24,113,988ProgramServicesAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,748,238BOYAmt
EOY$3,960,292EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$18,326,982BOYAmt
EOY$17,413,525EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,459,673BOYAmt
EOY$1,309,446EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$1,524,027BOYAmt
EOY$1,531,808EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$280,827,724BOYAmt
EOY$308,159,011EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$734,384BOYAmt
EOY$504,686EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,520,117LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,234,600LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,985,919BOYAmt
EOY$32,285,517EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,264,109BOYAmt
EOY$11,065,547EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,155,701BOYAmt
EOY$1,146,860EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,646,383BOYAmt
EOY$6,894,560EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$354,673,140BOYAmt
EOY$384,271,252EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,592,899BOYAmt
EOY$6,177,293EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$14,000,000BOYAmt
EOY$15,857,143EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$289,004,629BOYAmt
EOY$313,360,847EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$308,597,528BOYAmt
EOY$335,395,283EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$46,075,612BOYAmt
EOY$48,875,969EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,075,612BOYAmt
EOY$48,875,969EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$354,673,140BOYAmt
EOY$384,271,252EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,938,896ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$138,539NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$11,250PoliticalExpendituresAmt
Expended527 Activities$11,250Expended527ActivitiesAmt
Total Exempt Function Expend$11,250TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (true)Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPaid Internal FundsPaidInternalFundsAmt
FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE
3773 COMMONWEALTH BLVDTALLAHASSEEFL32303590246163$10,000
NANCY MILLER (CITY COMMISSIONER-TALLAHASSEE)
PO BOX 16278TALLAHASSEEFL32317466731915$500
GIL ZIFFER (CITY COMMISSIONER-TALLAHASSEE)
PO BOX 3208TALLAHASSEEFL32315271200183$250
ANDREW GILLUM (CITY COMMISSIONER-TALLAHASSEE)
5325 SAINT IVES LANETALLAHASSEEFL32309595034993$250
KRISTEN DOZIER (COUNTY COMMISSIONER-TALLAHASSEE)
1226 CLAUDE PICKARD DRTALLAHASSEEFL32308466893076$250

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,331,154OtherCostOrOtherBasisAmt
Book Value$6,331,154BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,232,728OtherCostOrOtherBasisAmt
Depreciation$3,583,290DepreciationAmt
Book Value$24,649,438BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$447,427OtherCostOrOtherBasisAmt
Depreciation$310,716DepreciationAmt
Book Value$136,711BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,508,808OtherCostOrOtherBasisAmt
Depreciation$5,340,594DepreciationAmt
Book Value$1,168,214BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$32,285,517TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
Federal income taxes
SHARE DRAFTS$65,932,649
SHARES$59,112,547
MONEY MARKET$88,927,895
IRA SHARES$19,294,934
CERTIFICATES$80,092,822
FieldValueIRS element (for citing)
Total Liability$313,360,847TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceX 2FormAndLineReferenceDesc
ExplanationTHE CREDIT UNION IS EXEMPT FROM MOST FEDERAL AND STATE INCOME TAXES HOWEVER, THE CREDIT UNIONS WHOLLY OWNED CUSO IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE IRC SECTION 501C14. AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME UBI DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008 THE INTERNAL REVENUE SERVICE IRS RELEASED TECHNICAL ADVICE MEMORANDUMS TAMs TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNIONS ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2012, 2011, AND 2010 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE DIFFERENT THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
CECILIA HOMISON
CEO$245,000$30,000$26,255$20,351$20,086$341,692
MARY ESTES
SR. VP OF OPERATIONS$176,850$24,710$58,355$13,769$12,221$285,905
JEFF BOND
VP AND CIO$155,000$26,200$13,248$13,399$6,877$214,724
CARLA DE BALDO
VP OF SALES$136,462$18,620$1,140$10,608$6,860$173,690
DENNIS G ADAMS
VP/CFO$138,635$17,550$1,140$6,247$9,237$172,809

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonCECILIA D HOMISPersonNm
Relationship With OrgCEORelationshipWithOrgTxt
Loan PurposeLIFE INSURANCELoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$1,524,027OriginalPrincipalAmt
Balance Due$1,572,361BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$1,572,361TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 6THE CREDIT UNION HAS MEMBERS. THE CREDIT UNIONS MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNIONS MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATIONS PROFITS IN THE FORM OF CASH DIVIDENDS.
Form 990, Part VI, Section A, Line 7AMEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODYS ELECTION AND REMOVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
Form 990, Part VI, Section B, Line 11BTHE ACCOUNTING DEPARTMENT DOES VERIFY AND TIE OUT THE FIGURES TO THE FINANCIAL STATEMENTS.
Form 990, Part VI, Section B, Line 12CTHE EXTERNAL AUDITORS PERFORM AN AUDIT OF EMPLOYEE ACCOUNTS AND THEIR RESPECTIVE FINANCIAL AND GENERAL LEDGER TRANSACTIONS ON A QUARTERLY BASIS TO MONITOR AND VERIFY THAT THERE ARE NO TRANSACTIONS PERFORMED BY THE EMPLOYEE AND/OR ON THEIR RESPECTIVE ACCOUNT THAT ARE IMPROPER AND/OR CONFLICT WITH THEIR JOB RESPONSIBILITIES.
Form 990, Part VI, Section B, Line 15ABA MINIMUM OF ONCE A YEAR, COMPARABLE COMPENSATION DATA IS RESEARCHED USING SALARY.COM. SEVERAL DIMENSIONS ARE EVALUATED AND A SALARY RANGE IS RECOMMENDED. THIS RANGE IS APPROVED BY THE CEO AND THEN ULTIMATELY BY THE BOARD OF DIRECTORS.
Form 990, Part VI, Section C, Line 19CONFLICTS OF INTEREST POLICIES ARE NOT PUBLICLY PUBLISHED. QUARTERLY FINANCIALS ARE PUBLISHED AT THE ENTRANCE OF EACH OF THE BRANCH OFFICES, THE CALL REPORT IS FILED QUARTERLY WHICH IS PUBLIC INFORMAITON AND OUR ANNUAL REPORT IS AVAILABLE TO ALL MEMBERS WHICH CONTAINS FINANCIALS. IF REQUESTED, BY-LAWS WOULD BE MADE AVAILABLE FOR VIEWING AT THE ADMINISTRATIVE OFFICES.
Form 990, Part VI, Section A, Line 7BMEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODYS ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SIX PILLARS FINANCIAL ADVISORS LLCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line12073 SUMMIT LAKE DRIVE ROOM 100AddressLine1
CityTALLAHASSEECity
StateFLState
ZIP Code32317ZIPCode
FieldValueIRS element (for citing)
EIN453322731EIN
Primary ActivitiesFINANCIAL ADVISORSPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Total Income$222,555TotalIncomeAmt
End Of Year Assets$74,424EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA COMMERCE CREDIT UNIONBusinessNameLine1