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 59-6134207)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-15
IRS object ID: 201233209349302513
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 D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-15T09:07:03-06:00	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	TRIPLETT & COMPANY CPAS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2630 NW 41ST ST STE B	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32606	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	596134207	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	1ST CREDIT UNION OF GAINESVILLE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	1STC	NameControl
Phone	3523728225	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 357940	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	326357940	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TIM CANNON	Name
Title	CEO	Title
Phone	3523728225	Phone
Date Signed	2012-11-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LINDA F TRIPLETT	Name
Phone	3523784126	Phone
Date Prepared	2012-11-15	DatePrepared

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	TIM CANNON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2339	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32602	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2866658	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.1STCU.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1944	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	PEOPLE HELPING PEOPLE TO MASTER THEIR FINANCIAL SITUATIONS, ONE SOLUTION AT A TIME.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	28	TotalNbrEmployees
Total Gross UBI	500	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	3194449	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2791376	ProgramServiceRevenueCY
Investment Income Prior Year	112389	InvestmentIncomePriorYear
Investment Income Current Year	74782	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2378	OtherRevenuePriorYear
Other Revenue Current Year	500	OtherRevenueCurrentYear
Total Revenue Prior Year	3309216	TotalRevenuePriorYear
Total Revenue Current Year	2866658	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	939054	SalariesEtcPriorYear
Salaries Etc Current Year	1022185	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2209679	OtherExpensePriorYear
Other Expenses Current Year	2003870	OtherExpensesCurrentYear
Total Expenses Prior Year	3148733	TotalExpensesPriorYear
Total Expenses Current Year	3026055	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	160483	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-159397	RevenuesLessExpensesCY
Total Assets BOY	49489237	TotalAssetsBOY
Total Assets EOY	46378672	TotalAssetsEOY
Total Liabilities BOY	45464792	TotalLiabilitiesBOY
Total Liabilities EOY	42504327	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4024445	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	3874345	NetAssetsOrFundBalancesEOY
Mission Description	PEOPLE HELPING PEOPLE TO MASTER THEIR FINANCIAL SITUATIONS, ONE SOLUTION AT A TIME.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	1ST CREDIT UNION OF GAINESVILLE IS DEDICATED TO SERVING ITS MEMBERS' SAVINGS AND LOAN NEEDS. SERVICES INCLUDE AVAILABILITY OF VARIOUS TYPES OF SAVINGS, CHECKING, CERTIFICATES OF DEPOSIT AND RETIREMENT ACCOUNTS. THE CREDIT UNION ALSO MAKES LOANS TO MEMBERS.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
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	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	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
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	672	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	28	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
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	false	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	false	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

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	1ST CREDIT UNION OF GAINESVILLE	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3523728225	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	412 E UNIV AVE	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32602	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	FormerFormer
ALAN MORROW
TREASURER	0.50	X	0	0	0
GWENDOLYN DAWSON
DIRECTOR	0.50	X	0	0	0
REIDA SQUIRES
SECRETARY	0.50	X	0	0	0
DONNA MCAFEE
VICE CHAIR	0.50	X	0	0	0
JOHN POWER
DIRECTOR	0.50	X	0	0	0
RALPH HILLIARD
CHAIR	0.50	X	0	0	0
LEMUEL MOORE
DIRECTOR	0.50	X	0	0	0
DEBORAH THOMAS
COO	40.00		57800	0	0	X
CRAIG PLEDGER
CFO	40.00		44000	0	0	X
PATSY LINDAMOOD
FORMER CEO	40.00		104102	0	972		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	205902	TotalReportableCompFromOrg
Total Other Compensation	972	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INTEREST ON LOANS	2165952	2165952
ACCOUNT SERVICING FEES	625424	625424

Field	Value	IRS element (for citing)
Total Program Service Revenue	2791376	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	74782	TotalRevenueColumn
Exclusion	$74,782	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS INCOME	Description
Business Code	900099	BusinessCode
Total Revenue Column	500	TotalRevenueColumn
Unrelated Business Revenue	500	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	500	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2866658	TotalRevenueColumn
Related Or Exempt Function Income	2791376	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	500	UnrelatedBusinessRevenue
Exclusion	$74,782	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	824112	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	3435	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	116572	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	78066	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	78791	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21000	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	595	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	27016	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	58298	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	99925	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	265332	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	121150	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	10568	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	4853	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	253685	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	135768	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	31042	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
MEMBER ACCOUNT SERVICING	445084
PROVISION FOR LOAN LOSSES	232962
NCUA STABILIAZTION EXP	106055
LOAN SERVICING EXPENSE	102509

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	9237	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3026055	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	217892	BOY
EOY	323428	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	6003522	BOY
EOY	7049230	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	34644422	BOY
EOY	29710280	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	284818	BOY
EOY	149125	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2770386	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1008459	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1835466	BOY
EOY	1761927	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	500000	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	5844211	BOY
EOY	6223509	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	658906	BOY
EOY	661173	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	49489237	BOY
EOY	46378672	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	142510	BOY
EOY	302556	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	128687	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	45193595	BOY
EOY	42201771	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	45464792	BOY
EOY	42504327	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	4024445	BOY
EOY	3874345	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4024445	BOY
EOY	3874345	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	49489237	BOY
EOY	46378672	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-159397	ReconcilationRevenueExpenses
Reconcilation Other Changes	9297	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 D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	728453	OtherCostOrOtherBasis
Book Value	728453	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1282934	OtherCostOrOtherBasis
Depreciation	524299	Depreciation
Book Value	758635	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	758999	OtherCostOrOtherBasis
Depreciation	484160	Depreciation
Book Value	274839	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1761927	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
CERTIFICATES OF DEPOSIT	3212000	C
TRUST FOR CREDIT UNIONS	3011509	F

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	6223509	TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBERS' SHARE & SAVINGS ACCOUNTS	Description
Amount	$42,201,771	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	42201771	TotalOfAmounts
Total Revenue	2866658	TotalRevenue
Total Expenses	3026055	TotalExpenses
Excess Or Deficit For Year	-159397	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-159397	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2866658	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	2866658	RevenueSubtotal
Total Revenue Per Form990	2866658	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3026055	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	3026055	ExpensesSubtotal
Total Expenses Per Form990	3026055	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	PATSY LINDAMOOD	NamePerson
Base Compensation Filing Org	104102	BaseCompensationFilingOrg
Deferred Comp Filing Org	972	DeferredCompFilingOrg
Total Compensation Filing Org	105074	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED FOR 3-YEAR TERMS BY THE MEMBERSHIP OF THE CREDIT UNION. ELECTIONS ARE HELD ANNUALLY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED BY MANAGEMENT.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE AUDIT COMMITTEE HAS THE RESPONSIBILITY TO REVIEW THE DISCLOSURES.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE COMPENSATION OF THE CEO IS SET BY THE BOARD. THEY OBTAIN SURVEYS PREPARED BY CUES AND CUNA. THE DATA IS COMPARED AT THE POSITION LEVEL, INCLUDING FACTORS SUCH AS THE NUMBERS OF SERVICES, NUMBERS OF MEMBERS, AND NUMBERS OF LOANS. COMPENSATION IS SET BASED ON ALALYSIS OF THIS DATA.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE CEO AND COO SET COMPENSATION LEVELS FOR OTHER STAFF MEMBERS BASED ON ANALYSIS DATA OBTAINED FROM SURVEYS PREPARED BY CUES AND CUNA.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST