STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0687423)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-14
IRS object ID: 201222279349302007
Schema version: 2011v1.2
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 C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-14T12:37:42-00:00	Timestamp
Tax Period End Date	2011-12-31	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	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	590687423	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	FLORIDA COMMERCE CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	FLOR	NameControl
Phone	8005335772	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2073 SUMMIT LAKE DRIVE Room No 100	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32317	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DENNIS G ADAMS	Name
Title	VPCFO	Title
Date Signed	2012-08-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2012-07-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	CECILIA HOMISON	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2073 SUMMIT LAKE DRIVE SUITE 100	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32317	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	30324578	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.FLORIDACOMMERCE.ORG	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1940	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE SERVICES AND EDUCATION TO MEMBERS IN THE FRAMEWORK OF A FINANCIAL COOPERATIVE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	143	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	40042	TotalGrossUBI
Net Unrelated Business Txbl Income	-30930	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	25814124	ProgramServiceRevenuePriorYear
Program Service Revenue CY	23632741	ProgramServiceRevenueCY
Investment Income Prior Year	268736	InvestmentIncomePriorYear
Investment Income Current Year	449338	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2743094	OtherRevenuePriorYear
Other Revenue Current Year	3066005	OtherRevenueCurrentYear
Total Revenue Prior Year	28825954	TotalRevenuePriorYear
Total Revenue Current Year	27148084	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	7507585	SalariesEtcPriorYear
Salaries Etc Current Year	7526494	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	20071320	OtherExpensePriorYear
Other Expenses Current Year	17240180	OtherExpensesCurrentYear
Total Expenses Prior Year	27578905	TotalExpensesPriorYear
Total Expenses Current Year	24766674	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1247049	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2381410	RevenuesLessExpensesCY
Total Assets BOY	332506216	TotalAssetsBOY
Total Assets EOY	349618896	TotalAssetsEOY
Total Liabilities BOY	290217736	TotalLiabilitiesBOY
Total Liabilities EOY	305005445	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	42288480	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	44613451	NetAssetsOrFundBalancesEOY
Mission Description	TO BE OUR MEMBERS FINANCIAL PARTNER FOR LIFE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	TALLAHASSEES 1 AUTO LENDING PROGRAM OVER THE PAST DECADE- FLORIDA 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. FLORIDA 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.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	true	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	false	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	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	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
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7526	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	143	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	false	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	false	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	WILMA WOOTEN	NamePerson
Telephone Number	8504103563	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6416	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32314	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	FormerFormer	Highest Compensated EmployeeHighestCompensatedEmployee
JR PHELPS
DIRECTOR	001.00	X	0	0	0
RIVERS BUFORD III
VICE CHAIRMAN	001.00	X	0	0	0
MIKE GOMEZ
TREASURER	001.00	X	0	0	0
JERRY OSTERYOUNG
CHAIRMAN	001.00	X	0	0	0
CANITA PETERSON
SECRETARY	001.00	X	0	0	0
KATHY ARRANT
DIRECTOR	001.00	X	0	0	0
JOHN GRAYSON
DIRECTOR	001.00	X	0	0	0
CECILIA HOMISON
CEO	040.00		285375	0	35284	X
MARY ESTES
SR. VP OF OPERATIONS	040.00		219040	0	22960		X
VALERIE SILVERMAN
CFO	040.00		146202	0	4948			X
JEFF BOND
VP AND CIO	040.00		157162	0	16604		X
CARLA DE BALDO
VP OF SALES	040.00		128229	0	15328				X
DONNA MORAN
DIRECTOR OF HUMAN RESOURCES	040.00		130603	0	20223				X
DENNIS G ADAMS
VP/CFO	040.00		5947	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1072558	TotalReportableCompFromOrg
Total Other Compensation	115347	TotalOtherCompensation
Number Individuals GT100 K	6	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
CORNERVIEW BUILDING LLC
1625 SUMMIT LAKE DRIVE STE 229	TALLAHASSEE	FL	32317	MONTHLY LEASE	1132488
CAPITAL HEALTH PLAN
PO BOX 15349	TALLAHASSEE	FL	32317	MEDICAL AND HEALTH INSURANCE PREMIUMS	567260
JACK HENRY & ASSOCIATES
PO BOX 503328	ST LOUIS	MO	63150	DATA PROCESSING SERVICES	376216
THIRD DEGREE ADVERTISING
501 N WALKER STE 100	OKLAHOMA CITY	OK	73104	ADVERTISING	263609
FISERV
PO BOX 409287	ATLANTA	GA	30384	DATA PROCESSING/ATM HOME BANKING	565696

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	15	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
LOANS TO MEMBERS	522100	17489931	17489931
FEES AND SERVICES	522100	6102768	6102768
UNRELATED BUSINESS INCOME	900099	40042		40042

Field	Value	IRS element (for citing)
Total Program Service Revenue	23632741	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	366468	TotalRevenueColumn
Related Or Exempt Function Income	366468	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	2359412	Securities
Other	899952	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	2261167	Securities
Other	915327	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	98245	Securities
Other	-15375	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	82870	TotalRevenueColumn
Related Or Exempt Function Income	82870	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	3066005	TotalRevenueColumn
Related Or Exempt Function Income	3066005	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	3066005	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	27148084	TotalRevenueColumn
Related Or Exempt Function Income	27108042	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	40042	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	742372	Total
Program Services	742372	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	5051179	Total
Program Services	5051179	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	126252	Total
Program Services	126252	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1161968	Total
Program Services	1161968	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	444723	Total
Program Services	444723	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	92592	Total
Program Services	92592	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	139057	Total
Program Services	139057	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	1034245	Total
Program Services	1034245	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	795830	Total
Program Services	795830	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	616630	Total
Program Services	616630	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	126848	Total
Program Services	126848	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1651783	Total
Program Services	1651783	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	144595	Total
Program Services	144595	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	37803	Total
Program Services	37803	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	3074838	Total
Program Services	3074838	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1290514	Total
Program Services	1290514	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	169428	Total
Program Services	169428	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEET ATTACHED SCHEDULE	Description
Total	8066017	Total
Program Services	8066017	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	24766674	Total
Program Services	24766674	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3385691	BOY
EOY	3680009	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	40098654	BOY
EOY	45551203	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2695097	BOY
EOY	1413116	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	240643916	BOY
EOY	254639131	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	484106	BOY
EOY	846648	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	25404666	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	8686805	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	17310807	BOY
EOY	16717861	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	9096035	BOY
EOY	8018652	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	4771827	BOY
EOY	4821784	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	14020083	BOY
EOY	13930492	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	332506216	BOY
EOY	349618896	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	4818036	BOY
EOY	5462157	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	30000000	BOY
EOY	24000000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	255399700	BOY
EOY	275543288	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	290217736	BOY
EOY	305005445	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	42288480	BOY
EOY	44613451	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	42288480	BOY
EOY	44613451	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	332506216	BOY
EOY	349618896	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2381410	ReconcilationRevenueExpenses
Reconcilation Other Changes	-56439	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	12000	PoliticalExpenditures
Amt Expended For527 Activities	12000	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	12000	TotalExmptFunctionExpenditures
Form1120 Pol Filed	true	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs

Name Of527 Organization NameOf527Organization

Field	Value	IRS element (for citing)
Business Name Line1	FLORIDA CREDIT UNION POLITICAL ACTION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3773 COMMONWEALTH BLVD	AddressLine1
City	TALLAHASSEE	City
State	FL	State
ZIP Code	32303	ZIPCode

Field	Value	IRS element (for citing)
EIN	590246163	EIN
Amt Pd From Internal Funds	12000	AmtPdFromInternalFunds

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	3851526	OtherCostOrOtherBasis
Book Value	3851526	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11213589	OtherCostOrOtherBasis
Depreciation	2602759	Depreciation
Book Value	8610830	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1603634	OtherCostOrOtherBasis
Depreciation	301820	Depreciation
Book Value	1301814	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8735917	OtherCostOrOtherBasis
Depreciation	5782226	Depreciation
Book Value	2953691	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	16717861	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
SHARE DRAFTS	$53,058,919
SHARES	$43,808,044
MONEY MARKET	$71,477,432
IRA SHARES	$19,195,963
CERTIFICATES	$88,002,930

Field	Value	IRS element (for citing)
Total Of Amounts	275543288	TotalOfAmounts
Total Revenue	27148084	TotalRevenue
Total Expenses	24766674	TotalExpenses
Excess Or Deficit For Year	2381410	ExcessOrDeficitForYear
Net Unrealized GL On Investments	42863	NetUnrealizedGLOnInvestments
Other	-$99,302	OtherAmount
Total Adjustments	-56439	TotalAdjustments
Excess Or Deficit Per FS	2324971	ExcessOrDeficitPerFS

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	FASB ASC 740-10-25 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. AS A RESULT OF ADOPTING ASC 740-10-25, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND
X	2 continued...	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 FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2010, 2009, AND 2008 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS.
X	2 continued...	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	8	98,245 RECLASSIFICATION ADJUSTMENTS FOR GAINS INCLUDED IN NET INCOME ON SOLD INVESTMENTS 1,057 RECLASSIFICATION ADJUSTMENT FOR GAINS INCLUDED IN NET INCOME ON CALLED INVESTMENTS .

Schedule J IRS990ScheduleJ

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

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
CECILIA HOMISON
241021	44354	16687	18597	320659
MARY ESTES
184718	34322	11599	11361	242000
VALERIE SILVERMAN
89581	56621		4948	151150
JEFF BOND
155153	2009	10196	6408	173766
DONNA MORAN
128524	2079	9129	11094	150826

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	I	Identifier
Return Reference	4A	ReturnReference
Explanation	VALERIE SILVERMAN, OUR FORMER CFO, WAS PAID OUT A SEVERANCE PACKAGE IN THE AMOUNT OF 55,000.00, WHICH IS INCLUDED IN HER TOTAL COMPENSATION.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	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	7A	MEMBERS 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.
Form 990 Part VI	11B	THE ACCOUNTING DEPARTMENT DOES VERIFY AND TIE OUT THE FIGURES TO THE FINANCIAL STATEMENTS.
Form 990 Part VI	12C	THE EXTERNAL AUDITORS PERFORMS 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	15AB	A 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	19	CONFLICTS 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 INFORMATION 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 XI	5	UNREALIZED GAINS ON AVAILABLE-FOR-SALE INVESTMENTS OF 42,863 LESS RECLASSIFICATION ADJUSTMENTS FOR GAINS INCLUDED IN NET INCOME OF 99,302.
		Form 990 Part VI Section A Line 6 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 7A MEMBERS 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. Form 990 Part VI Section B Line 11B THE ACCOUNTING DEPARTMENT DOES VERIFY AND TIE OUT THE FIGURES TO THE FINANCIAL STATEMENTS. Form 990 Part VI Section B Line 12C THE EXTERNAL AUDITORS PERFORMS 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 15AB A 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 19 CONFLICTS 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 INFORMATION 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 XI Line 5 UNREALIZED GAINS ON AVAILABLE-FOR-SALE INVESTMENTS OF 42,863 LESS RECLASSIFICATION ADJUSTMENTS FOR GAINS INCLUDED IN NET INCOME OF 99,302.