Skip to content
Nonprofiteer
← STATE CHARTERED CREDIT UNIONS IN FLORIDA

Form 990 for tax year 2023

Filed by STATE CHARTERED CREDIT UNIONS IN FLORIDA.

Totals

Total revenue
$180,774
Total expenses
$189,582
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$112,954
Investment income
$65,243
Other revenue
$2,577
Total assets, end of year
$6,653,927
Total liabilities, end of year
$4,069,399
Net assets or fund balances, end of year
$2,584,528
Program services expenses (Part IX)
$0
Management and general expenses
$189,582
Fundraising expenses
$0
Program service expenses (Part III)
$189,582

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INTEREST ON LOANS

    total $108,073 · related or exempt $108,073

  • 2b · Program service revenue: FEE INCOME

    total $4,881 · related or exempt $4,881

  • 3 · Investment income

    total $65,243 · related or exempt $65,243

  • 11a · Other revenue: OTHER NON-INTEREST INCOME

    total $2,577 · related or exempt $2,577

  • 11e · Other revenue, total

    $2,577

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $90,006 · management and general $90,006

  • 9 · Other employee benefits

    total $7,266 · management and general $7,266

  • 10 · Payroll taxes

    total $7,042 · management and general $7,042

  • 13 · Office expenses

    total $23,184 · management and general $23,184

  • 19 · Conferences, conventions and meetings

    total $1,235 · management and general $1,235

  • 20 · Interest

    total $4,111 · management and general $4,111

  • 24a · Other expenses: PROF & OUTSIDE SERVICES

    total $41,954 · management and general $41,954

  • 24b · Other expenses: MISC OPERATING EXP

    total $8,894 · management and general $8,894

  • 24c · Other expenses: LOAN SERVICING EXPENSE

    total $3,856 · management and general $3,856

  • 24d · Other expenses: EXAMINATION FEES

    total $1,809 · management and general $1,809

  • 24e · All other expenses

    total $225 · management and general $225

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $452,636 · end of year $734,402

  • 7 · Other notes and loans receivable

    beginning of year $2,242,255 · end of year $1,953,307

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,064 · end of year $17,477

  • 10a · Land, buildings and equipment: cost or other basis

    $153,035

  • 10b · Land, buildings and equipment: accumulated depreciation

    $153,035

  • 12 · Investments: other securities

    beginning of year $4,284,861 · end of year $3,887,860

  • 15 · Other assets

    beginning of year $64,327 · end of year $60,881

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,021 · end of year $25,614

  • 25 · Other liabilities

    beginning of year $4,381,285 · end of year $4,043,785

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,655,837 · end of year $2,584,528

Mission and programs · 2023

Mission

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 606 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

Activities or mission (Part I)

CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.

  • NON-INTEREST EXPENSE & PROVISION FOR LOAN LOSS

    Expenses $185,518

  • INTEREST EXPENSE

    Expenses $4,064

As filed on the 2023 return.

Listed in Part VII

  • Debi Rowland

    MANAGER

    Total calculated
    $57,663
    From this org
    $50,153
    From related orgs
    $0
    Other
    $7,510
    Hours/week
    40

  • Tony Crews

    SC SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Leon Grant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sidney Hale

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Darrell Henn

    SC MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert Martin

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    1

  • John Spence

    SC CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Joshua Ward

    BOARD VP

    Total calculated
    $0
    Hours/week
    1

  • Don Wisienski

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
3 May 2024
IRS schema version
2023v5.0
Source object
202401299349301605

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.