Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: INCOME FROM LOANS

  total $205,081,921 · related or exempt $205,081,921

• 2b · Program service revenue: INTERCHANGE INCOME

  total $44,755,196 · related or exempt $44,755,196

• 2c · Program service revenue: SERVICE CHARGES

  total $27,525,650 · related or exempt $27,200,036 · unrelated business $325,614

• 2d · Program service revenue: OTHER OPERATING INCOME

  total $27,091,961 · related or exempt $24,658,566 · unrelated business $2,433,395

• 3 · Investment income

  total $41,224,795 · excluded $41,224,795

• 7a · Gross sales of assets other than inventory

  other assets $1,054,891

• 7b · Less cost or other basis and sales expenses

  other assets $41,935

• 7c · Gain or loss

  other assets $1,012,956

• 7d · Net gain or loss

  total $1,012,956 · excluded $1,012,956

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $276,497

• 2 · Grants to domestic individuals

  total $45,000

• 4 · Benefits paid to or for members

  total $22,871,220

• 5 · Compensation of officers, directors and key employees

  total $8,805,294

• 7 · Other salaries and wages

  total $96,287,600

• 8 · Pension plan contributions

  total $4,065,468

• 9 · Other employee benefits

  total $12,755,018

• 10 · Payroll taxes

  total $6,181,666

• 11b · Fees: legal

  total $491,399

• 11c · Fees: accounting

  total $338,185

• 11d · Fees: lobbying

  total $53,788

• 11g · Fees: other

  total $8,601,036

• 12 · Advertising and promotion

  total $6,642,428

• 13 · Office expenses

  total $10,830,080

• 16 · Occupancy

  total $12,554,342

• 17 · Travel

  total $507,737

• 19 · Conferences, conventions and meetings

  total $596,122

• 20 · Interest

  total $6,933,357

• 22 · Depreciation, depletion and amortization

  total $7,431,676

• 23 · Insurance

  total $804,294

• 24a · Other expenses: UBI TAXES

  total $281,898

• 24b · Other expenses: FINANCIAL SERVICES OPER

  total $24,011,799

• 24c · Other expenses: SERVICE CONTRACTS

  total $19,241,840

• 24d · Other expenses: PROVISION FOR LOAN LOSS

  total $16,500,000

• 24e · All other expenses

  total $12,804,242

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $34,342,229 · end of year $59,229,886

• 2 · Savings and temporary cash investments

  beginning of year $896,562,593 · end of year $110,924,743

• 4 · Accounts receivable

  beginning of year $63,347,161 · end of year $61,506,873

• 7 · Other notes and loans receivable

  beginning of year $5,019,820,425 · end of year $5,778,424,592

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,980,080 · end of year $9,702,944

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

  $155,743,235

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

  $72,236,323

• 10c · Land, buildings and equipment, net

  beginning of year $86,172,128 · end of year $83,506,912

• 11 · Investments: publicly traded securities

  beginning of year $2,773,821,066 · end of year $2,893,185,204

• 12 · Investments: other securities

  beginning of year $19,604,769 · end of year $49,844,539

• 15 · Other assets

  beginning of year $122,405,827 · end of year $205,393,341

• 17 · Accounts payable and accrued expenses

  beginning of year $79,659,765 · end of year $75,843,710

• 19 · Deferred revenue

  beginning of year $11,084,550 · end of year $1,280,000

• 23 · Secured mortgages and notes payable

  end of year $629,000,000

• 25 · Other liabilities

  beginning of year $8,070,589,233 · end of year $7,921,287,491

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $861,722,730 · end of year $624,307,833

The filer's explanations (Part III)

PART I, LINE 4B

THE CREDIT UNION HAS A 457(F) PLAN FOR VARIOUS MEMBERS OF MANAGEMENT. THE FOLLOWING 457(F) CONTRIBUTIONS WERE MADE BY THE CREDIT UNION: HANK HALTER - $396,292 MATTHEW SHEPARD - $202,519 JAY GRATWICK - $159,862 BOB WALSH - $164,258 BOB MANNING - $74,317 TIM MITCHELL - $71,246 BILL BUCHANAN - $65,721 PAM DAVIS - $66,463 SUZANNE MITCHELL - $61,627 BILL MESPLAY - $57,577 THE FOLLOWING 457(F) DISTRIBUTIONS WERE MADE BY THE CREDIT UNION: MATTHEW SHEPARD - $463,924 BOB WALSH - $395,460

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MEMBERS INSURANCE ADVISORS LLC

  INSURANCE · GA · income $5,251,642 · assets $19,889,423

  Directly controlled by DELTA COMMUNITY CREDIT UNION