STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0642953)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-10-04
IRS object ID: 201332779349300323
Schema version: 2012v2.2
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)
Timestamp	2013-10-04T01:21:49-00:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	590642953	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STATE CHARTERED CREDIT UNIONS IN FLORIDA FIRST COAST COMMUNITY CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STAT	NameControl
Phone	3863285555	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	306 S PALM AVENUE	AddressLine1
City	PALATKA	City
State	FL	State
ZIP Code	32177	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Gretchen Lunsford	Name
Title	PRESIDENTCEO	Title
Date Signed	2013-10-04	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2013-10-04	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	FIRST COAST COMMUNITY CREDIT UNION	BusinessNameLine1

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	GRETCHEN LUNSFORD	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	306 S PALM AVENUE	AddressLine1
City	PALATKA	City
State	FL	State
ZIP Code	32177	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	5026661	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.FIRSTCOASTCCU.COM	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1948	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	DELIVERING DREAMS THROUGH SIMPLIFIED FINANCIAL SERVICES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	43	TotalNbrEmployees
Total Nbr Volunteers	8	TotalNbrVolunteers
Total Gross UBI	14217	TotalGrossUBI
Net Unrelated Business Txbl Income	-38405	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5048033	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4574068	ProgramServiceRevenueCY
Investment Income Prior Year	443664	InvestmentIncomePriorYear
Investment Income Current Year	336624	InvestmentIncomeCurrentYear
Other Revenue Current Year	3969	OtherRevenueCurrentYear
Total Revenue Prior Year	5491697	TotalRevenuePriorYear
Total Revenue Current Year	4914661	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1943683	SalariesEtcPriorYear
Salaries Etc Current Year	1836386	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3245349	OtherExpensePriorYear
Other Expenses Current Year	2686485	OtherExpensesCurrentYear
Total Expenses Prior Year	5189032	TotalExpensesPriorYear
Total Expenses Current Year	4522871	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	302665	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	391790	RevenuesLessExpensesCY
Total Assets BOY	96523996	TotalAssetsBOY
Total Assets EOY	99327783	TotalAssetsEOY
Total Liabilities BOY	85466993	TotalLiabilitiesBOY
Total Liabilities EOY	87878466	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	11057003	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	11449317	NetAssetsOrFundBalancesEOY
Mission Description	DELIVERING DREAMS THROUGH SIMPLIFIED FINANCIAL SERVICES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INCOME FROM CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	2392	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	43	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GRETCHEN LUNSFORD	NamePerson
Telephone Number	3863285555	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	306 SOUTH PALM AVENUE	AddressLine1
City	PALATKA	City
State	FL	State
ZIP Code	32177	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
JAMES NORWOOD
CHAIRMAN	001.00	001.00	X	0	0	0
RANDALL DAMPIER
V. CHAIRMAN	001.00	001.00	X	0	0	0
CANDY RIGDON
SECRETARY	001.00	001.00	X	0	0	0
CATHERINE MERRITT
BOD/TREASURER	001.00	001.00	X	0	0	0
MARTHA SINGLETON
DIRECTOR/AUDIT COMM. CHAIR	001.00	001.00	X	0	0	0
BETTY POTEET
DIRECTOR/AUDIT COMM. CHAIR	001.00	001.00	X	0	0	0
RUDY HOWARD
DIRECTOR/AUDIT COMM. CHAIR	001.00	001.00	X	0	0	0
LINDA OSBORNE
AUDIT COMM. CHAIR	001.00	001.00	X	0	0	0
GRETCHEN LUNSFORD
CEO	040.00	040.00		165230	0	9002	X
SANDRA PREVATT
EVP OPERATIONS	040.00	040.00		134023	0	7980	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	299253	TotalReportableCompFromOrg
Total Other Compensation	16982	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
WESCOM
123 S MARENGO AVE	PASADENA	CA	91101	DATA PROCESSING	168545
INLAND DIVERSIFIED
15961 COLLECTIONS CENTER DR	CHICAGO	IL	60693	PALM COAST OFFICE LEASE	105190
JACK HENRY
PO BOX 503328	ST LOUIS	MO	63150	SOFTWARE SUPPORT AND DATA PROCESSING	264703

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
INCOME FROM LOANS	522100	2933317	2933317
FEES/CHARGES/OTHER	522100	1626534	1626534
UNRELATED BUSINESS INCOME	900099	14217		14217

Field	Value	IRS element (for citing)
Total Program Service Revenue	4574068	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	366462	TotalRevenueColumn
Related Or Exempt Function Income	366462	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	82162	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	112000	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-29838	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-29838	TotalRevenueColumn
Related Or Exempt Function Income	-29838	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER OPERATING INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	3969	TotalRevenueColumn
Related Or Exempt Function Income	3969	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	3969	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4914661	TotalRevenueColumn
Related Or Exempt Function Income	4900444	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	14217	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	316235	Total
Program Services	316235	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1111970	Total
Program Services	1111970	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	85502	Total
Program Services	85502	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	216005	Total
Program Services	216005	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	106674	Total
Program Services	106674	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	23102	Total
Program Services	23102	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	287254	Total
Program Services	287254	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	55	Total
Program Services	55	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	54329	Total
Program Services	54329	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	369611	Total
Program Services	369611	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	380971	Total
Program Services	380971	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	-29201	Total
Program Services	-29201	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	60010	Total
Program Services	60010	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	421967	Total
Program Services	421967	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	290858	Total
Program Services	290858	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	74952	Total
Program Services	74952	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	752577	Total
Program Services	752577	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4522871	Total
Program Services	4522871	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2055619	BOY
EOY	2087871	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	29743898	BOY
EOY	34111686	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	201146	BOY
EOY	344683	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	40041107	BOY
EOY	40749308	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	110796	BOY
EOY	130767	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	6656801	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3113237	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3667155	BOY
EOY	3543564	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	508219	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	16922501	BOY
EOY	13713500	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	2197690	BOY
EOY	2155586	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1584084	BOY
EOY	1982599	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	96523996	BOY
EOY	99327783	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1044884	BOY
EOY	743366	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	84422109	BOY
EOY	87135100	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	85466993	BOY
EOY	87878466	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	11057003	BOY
EOY	11449317	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	11057003	BOY
EOY	11449317	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	96523996	BOY
EOY	99327783	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	391790	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	524	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	391629	OtherCostOrOtherBasis
Book Value	391629	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4151879	OtherCostOrOtherBasis
Depreciation	1253288	Depreciation
Book Value	2898591	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2113293	OtherCostOrOtherBasis
Depreciation	1859949	Depreciation
Book Value	253344	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3543564	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Financial derivatives and other financial products
Closely-held equity interests
CERTIFICATES OF DEPOSIT COST	13713500	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	13713500	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (8 entries)

DescriptionDescription	AmountAmount
Federal income taxes
MEMBER DEPOSITS - SHARES	$36,755,581
MEMBER DEPOSITS - CHECKING	$13,784,801
MEMBER DEPOSITS - MONEY MARKET	$6,541,328
MEMBER DEPOSITS - IRA	$4,290,300
MEMBER DEPOSITS - CERTIFICATE OF DEPOSIT	$17,747,373
MEMBER DEPOSITS - IRA CERTIFICATES	$6,219,654
MEMBER DEPOSITS - OTHER	$1,796,063

Field	Value	IRS element (for citing)
Total Of Amounts	87135100	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	4940530	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	4940530	RevenueSubtotal
Other Revenues Not Included	-25869	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-25869	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	4914661	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4548740	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	25869	OtherExpensesIncluded
Expenses Not Rptd F990	25869	ExpensesNotRptdF990
Expenses Subtotal	4522871	ExpensesSubtotal
Total Expenses Per Form990	4522871	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE LAWS. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE 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 THE 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 UNRELATED BUSINESS INCOME UBI DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE IRS RELEASED TECHNNICAL ADVICE MEMORANDUMS TAMs TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX UBIT. 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 RECOGNITON OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2011, 2010, AND 2009 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.
XI	4b	LOSS ON SALE OF OREO IN THE AMOUNT OF 29,838 AND 3,969 IN OTHER OPERATING GAINS NOT ASSOCIATED WITH SALES OF ASSETS .
XII	2d	LOSS ON SALE OF OREO IN THE AMOUNT OF 29,838 AND 3,969 IN OTHER OPERATING GAINS NOT ASSOCIATED WITH SALES OF ASSETS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	GRETCHEN LUNSFORD	NamePerson
Title	CEO	Title
Base Compensation Filing Org	148730	BaseCompensationFilingOrg
Other Compensation Filing Org	16500	OtherCompensationFilingOrg
Deferred Comp Filing Org	6006	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	2996	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	174232	TotalCompensationFilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	I	Identifier
Return Reference	4b	ReturnReference
Explanation	GRETCHEN LUNSFORD PARTICIPATES IN A 457F PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING 2012. THIS PLAN WAS DISOLVED IN APRIL 2012.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

ExplanationExplanation
Form 990 Part VI Section A Line 6 THE CREDIT UNION HAS MEMBERS.
Form 990 Part VI Section A Line 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS.
Form 990 Part VI Section B Line 11B INITIAL REVIEW OF THE FORM 990 IS DONE BY SANDRA PREVATT, EVP OPERATIONS. IT IS THEN SUBMITTED TO THE CEO, GRETCHEN LUNSFORD, FOR FINAL REVIEW AND APPROVAL.
Form 990 Part VI Section B Line 12C THE EXECUTIVE VP OF OPERATIONS, UNDER THE DIRECTION OF THE PRESIDENT/CEO MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY FOR FIRST COAST COMMUNITY CREDIT UNION. THIS INCLUDES VENDOR MANAGEMENT, EMPLOYEE TRAINING AND MONITORING OF EMPLOYEE TRANSACTIONS. ALL NEW EMPLOYEES ARE GIVEN A CONFLICT OF INTEREST POLICY AS PART OF THE CODE OF CONDUCT.
Form 990 Part VI Section B Line 15 THE COMPENSATION OF THE CEO IS SUBJECT TO A BOARD REVIEW ANNUALLY AND IS BASED ON AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY. THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY UTILIZING THE CUNA MUTUAL GROUP SALARY SURVEY BASED ON CREDIT UNION ASSET SIZE.
Form 990 Part VI Section C Line 19 THE CREDIT UNIONS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE NCUAS WEBSITE VIA THE 5300 FILING.