FAMILY SECURITY CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FAMILY SECURITY CREDIT UNION (EIN 63-0757453)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-26
- IRS object ID
- 201242089349300019
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-26T11:51:01-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 631077072 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARFIELD MURPHY SHANK & SMITH PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 RIVERCHASE OFFICE RD | AddressLine1 |
| City | BIRMINGHAM | City |
| State | AL | State |
| ZIP Code | 35244 | 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 | 630757453 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAMILY SECURITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FAMI | NameControl |
| Phone | 2563402000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2204 FAMILY SECURITY PLACE SW | AddressLine1 |
| City | DECATUR | City |
| State | AL | State |
| ZIP Code | 35603 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHANE NOBBLEY | Name |
| Title | CEO | Title |
| Phone | 2563402000 | Phone |
| Date Signed | 2012-06-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JACK KNIGHT CPA | Name |
| PTIN | P00192609 | PTIN |
| Phone | 2059825500 | Phone |
| 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 | SHANE NOBBLEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2204 FAMILY SECURITY PLACE SW | AddressLine1 |
| City | DECATUR | City |
| State | AL | State |
| ZIP Code | 35603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 52933818 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MYFSCU.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1953 | YearFormation |
| State Legal Domicile | AL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 203 | TotalNbrEmployees |
| Total Nbr Volunteers | 18 | TotalNbrVolunteers |
| Total Gross UBI | 447643 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 104356 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17257673 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15274959 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2046590 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2699930 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 10374070 | OtherRevenuePriorYear |
| Other Revenue Current Year | 10246667 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 29678333 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28221556 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7164375 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7401013 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15830631 | OtherExpensePriorYear |
| Other Expenses Current Year | 15193587 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22995006 | TotalExpensesPriorYear |
| Total Expenses Current Year | 22594600 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6683327 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5626956 | RevenuesLessExpensesCY |
| Total Assets BOY | 429615549 | TotalAssetsBOY |
| Total Assets EOY | 461776341 | TotalAssetsEOY |
| Total Liabilities BOY | 378915784 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 406952438 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 50699765 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 54823903 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | 67,296 MEMBERS SERVED TO PROMOTE THRIFT OPPORTUNITIES AND LOW COST LOANS | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 21458 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 203 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHANE NOBBLEY CEO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2563402000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2204 FAMILY SECURITY PLACE SW | AddressLine1 |
| City | DECATUR | City |
| State | AL | State |
| ZIP Code | 35603 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| ERNESTINE MCDONALD | ||||||
| BOARD CHAIRMAN | 1.00 | X | 1763 | 0 | 0 | |
| BILLY JOE TERRY | ||||||
| BOARD VICE CHAIRMAN | 1.00 | X | 723 | 0 | 0 | |
| SARAH TUCKER | ||||||
| BOARD SECRETARY | 1.00 | X | 1763 | 0 | 0 | |
| JIMMY JEFFREYS | ||||||
| BOARD TREASURER | 1.00 | X | 1402 | 0 | 0 | |
| AUBREY BEASLEY | ||||||
| BOARD MEMBER | 1.00 | X | 1763 | 0 | 0 | |
| ALBERT BUSH | ||||||
| BOARD MEMBER | 1.00 | X | 1255 | 0 | 0 | |
| JIMMY COLE | ||||||
| BOARD MEMBER | 1.00 | X | 1032 | 0 | 0 | |
| HAL INGRAM | ||||||
| BOARD MEMBER | 1.00 | X | 671 | 0 | 0 | |
| HAROLD LEE | ||||||
| BOARD MEMBER | 1.00 | X | 1763 | 0 | 0 | |
| JAMES MCLIN | ||||||
| BOARD MEMBER | 1.00 | X | 1401 | 0 | 0 | |
| TOMMIE SMITH | ||||||
| BOARD MEMBER | 1.00 | X | 1393 | 0 | 0 | |
| M SHANE NOBBLEY | ||||||
| PRESIDENT/CEO | 40.00 | 192892 | 0 | 19089 | X | |
| DEBRA MCCAGHREN | ||||||
| VP FINANCE & OFFICE OPS. | 40.00 | 138436 | 0 | 8079 | X | |
| J COLE SHARP | ||||||
| VP LENDING & BRANCH OPS. | 40.00 | 133976 | 0 | 10914 | X | |
| ZACHARY HOWELL | ||||||
| VP MARKETING & ADMIN. | 40.00 | 114442 | 0 | 14461 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 594675 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52543 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ALABAMA | |||||
| PO BOX 360037 | BIRMINGHAM | AL | 352360037 | HEALTH INSURANCE | 791224 |
| DIEBOLD INCORPORATED | |||||
| PO BOX 643543 | PITTSBURGH | PA | 152643543 | ATM PURCHASE/MAINTENANCE | 313655 |
| JACK HENRY & ASSOCIATES | |||||
| PO BOX 503328 | ST LOUIS | MO | 631503328 | SOFTWARE PROVIDER | 274065 |
| AT&T | |||||
| PO BOX 52187 | PHOENIX | AZ | 850722187 | PHONE SERVICE/COMPUTER LINE | 183130 |
| BURTON ADVERTISING LLC | |||||
| 1000 PROVIDENCE PARK SUITE 150 | BIRMINGHAM | AL | 35242 | ADVERTISING | 151636 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN INTEREST INCOME | Description |
| Business Code | 522130 | BusinessCode |
| Total Revenue Column | 15274959 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15274959 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15274959 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2672730 | TotalRevenueColumn |
| Exclusion | $2,672,730 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24422821 | Securities |
| Other | 316641 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24306400 | Securities |
| Other | 405862 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 116421 | Securities |
| Other | -89221 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27200 | TotalRevenueColumn |
| Exclusion | $27,200 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| OVERDRAFT PRIVILEGE FE | 522130 | 3446549 | 3446549 |
| OTHER ACCOUNT & LOAN F | 522130 | 2998477 | 2998477 |
| INTERCHANGE ACCOUNT CH | 522130 | 2698591 | 2698591 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1103050 | TotalRevenueColumn |
| Related Or Exempt Function Income | 655407 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 447643 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 10246667 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28221556 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25073983 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 447643 | UnrelatedBusinessRevenue |
| Exclusion | $2,699,930 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 647218 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4801110 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1508557 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444128 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48310 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101000 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 591793 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347324 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1477054 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1223178 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117977 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143263 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5159204 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 891084 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207284 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| UBIT TAX EXPENSE | 23949 |
| BAD DEBT | 1266486 |
| CHECK & LOAN SERVICING | 1217460 |
| NCUSIF STABILIZATION EX | 974608 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1403613 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22594600 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7402724 | BOY |
| EOY | 8192805 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61601867 | BOY |
| EOY | 91555663 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265966085 | BOY |
| EOY | 246036068 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1925848 | BOY |
| EOY | 1569353 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22521223 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5405177 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16253729 | BOY |
| EOY | 17116046 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103343 | BOY |
| EOY | 142625 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67599206 | BOY |
| EOY | 88374126 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8762747 | BOY |
| EOY | 8789655 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 429615549 | BOY |
| EOY | 461776341 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1060986 | BOY |
| EOY | 1972825 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 377854798 | BOY |
| EOY | 404979613 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 378915784 | BOY |
| EOY | 406952438 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50699765 | BOY |
| EOY | 54823903 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50699765 | BOY |
| EOY | 54823903 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 429615549 | BOY |
| EOY | 461776341 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5626956 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1502818 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6727191 | OtherCostOrOtherBasis |
| Book Value | 6727191 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12190736 | OtherCostOrOtherBasis |
| Depreciation | 2908959 | Depreciation |
| Book Value | 9281777 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 160587 | OtherCostOrOtherBasis |
| Depreciation | 130432 | Depreciation |
| Book Value | 30155 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3442709 | OtherCostOrOtherBasis |
| Depreciation | 2365786 | Depreciation |
| Book Value | 1076923 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 17116046 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENT IN CUSO | 400000 | C |
| GOVERNMENT AGENCY SECURITIES | 87974126 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 88374126 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SHARE DEPOSITS | Description |
| Amount | $404,979,613 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 404979613 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | M SHANE NOBBLEY | NamePerson |
| Base Compensation Filing Org | 192892 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 9754 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 9335 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 211981 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | FAMILY SECURITY CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED BY ITS MEMBERS. MEMBERSHIP IS AVAILABLE TO INDIVIDUALS AND BUSINESSES WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN BALDWIN, BIBB, BLOUNT, CHOCTAW, CLARKE, COLBERT, CULLMAN, DALLAS, DE KALB, ETOWAH, FRANKLIN, JACKSON, JEFFERSON, LAUDERDALE, LAWRENCE, LIMESTONE, LOWNDES, MADISON, MARENGO, MARSHALL, MOBILE, MONROE, MORGAN, PERRY, TUSCALOOSA, WALKER, WASHINGTON, WILCOX, OR WINSTON COUNTIES IN ALABAMA. IN ADDITION, EMPLOYEES AND RETIREES OF RUBY TUESDAY, INC., EMPLOYEES AND RETIREES OF SPECIALTY RESTAURANT GROUP, INC., AND EMPLOYEES AND RETIREES OF THE COMPASS GROUP FAMILY OF COMPANIES, FAMILIES OF MEMBERS, AND ORGANIZATIONS OF SUCH PERSONS ARE ALSO ELIGIBLE FOR MEMBERSHIP. | |
| FORM 990, PART VI, SECTION A, LINE 7A | A NOMINATING COMMITTEE MAKES RECOMMENDATIONS FOR AVAILABLE BOARD MEMBER POSITIONS AT THE ANNUAL MEETING. MEMBERS CAN ALSO BE NOMINATED BY PETITION. MEMBERS THEN VOTE BY BALLOT WHEN MORE THAN ONE NOMINEE IS SEEKING ELECTION. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THE CREDIT UNION DOES NOT HAVE COMMITTEES WITH THE RESPONSIBILITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | UPON COMPLETION OF FAMILY SECURITY CREDIT UNION'S FORM 990, THE RETURN IS DISTRIBUTED TO THE BOARD FOR REVIEW. THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CREDIT UNION STAFF REVIEW AND SIGN A WRITTEN CONFLICT OF INTEREST POLICY WHEN HIRED. THIS POLICY IS MONITORED BY THE CREDIT UNION. IT IS THE RESPONSIBILITY OF STAFF OR DIRECTORS TO IMMEDIATELY NOTIFY THE CREDIT UNION MANAGERS OF ANY POTENTIAL CONFLICT OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE CEO AND VICE PRESIDENTS IS REVIEWED ON A YEARLY BASIS. THE CEO REVIEWS THE VICE PRESIDENTS' SALARY AND THE EXECUTIVE COMMITTEE REVIEWS THE CEO'S SALARY. DURING THE REVIEWS, THE CEO AND EXECUTIVE COMMITTEE TAKE INTO ACCOUNT THE TYPE AND AMOUNT OF WORK PERFORMED BY THE EMPLOYEE WHILE TAKING INTO ACCOUNT THE CREDIT UNION'S CURRENT FINANCIAL STATUS AND BUDGET. BOTH THE CEO AND EXECUTIVE COMMITTEE USE THE NATIONAL PEER GROUP SALARY GUIDES PROVIDED BY CUNA AS AN INDEPENDENT SALARY GUIDE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FAMILY SECURITY CREDIT UNION MAKES AVAILABLE ITS FINANCIAL STATEMENTS VIA THE NCUA WEBSITE WHICH CAN BE FOUND AT WWW.NCUA.GOV. OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,517,619. NET CHANGE IN OTHER COMPREHENSIVE LOSS -574,565. CUSO ADJUSTMENT -2,445,872. TOTAL TO FORM 990, PART XI, LINE 5: -1,502,818. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2: | THE CREDIT UNION HAS SEPTEMBER 30 YEAR END AUDITED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GAAP BY AN INDEPENDENT CPA. ON A YEARLY BASIS, THE ALABAMA CREDIT UNION ADMINISTRATION EXAMINES THE FINANCIAL STATEMENTS. THE NATIONAL CREDIT UNION ADMINISTRATION WILL PERIODICALLY PERFORM REVIEWS OF THE CREDIT UNION'S FINANCIAL STATEMENTS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAMILY SECURITY INVESTMENTS INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2204 FAMILY SECURITY PLACE | AddressLine1 |
| City | DECATUR | City |
| State | AL | State |
| ZIP Code | 35603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201697727 | EIN |
| Primary Activity | SERVICE ORGANIZATION THAT HOLDS CERTAIN INVESTMENTS | PrimaryActivity |
| Legal Domicile State | AL | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -300872 | ShareOfTotalIncome |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAMILY SECURITY INVESTMENTS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 79128 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCH. R, PART V, QUESTION 2(D) | ReturnReference |
| Explanation | THIS IS A RETURN OF CAPITAL AS FAMILY SECURITY INVESTMENTS, INC. WAS DISSOLVED IN 2011. | Explanation |