State Chartered Credit Unions In Florida

State Chartered Credit Unions In Florida Overview

State Chartered Credit Unions In Florida is located in Jacksonville, FL. The organization was established in 1972. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2019, State Chartered Credit Unions In Florida employed 2,240 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. State Chartered Credit Unions In Florida is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2019, State Chartered Credit Unions In Florida generated $471.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $412.7m during the year ending 12/2019. While expenses have increased by 14.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, State Chartered Credit Unions In Florida has awarded 17 individual grants totaling $754,332. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF VYSTAR CREDIT UNION IS TO SERVE THE FINANCIAL NEEDS OF OUR MEMBERS BY PROVIDING QUALITY SERVICE WHILE MAINTAINING FINANCIAL SOUNDNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE CONSUMER AND BUSINESS LOAN PRODUCTS TO MEMBERS AT COMPETITIVE RATES WITH MINIMAL OR NO FEES.


PROVIDE DEPOSIT PRODUCTS TO INDIVIDUAL MEMBERS AND BUSINESS MEMBERS AT COMPETITIVE RATES WITH MINIMAL OR NO FEES.


PROVIDE INVESTMENT, INSURANCE AND TITLE AGENCY SERVICES TO MEMBERS WITH MINIMAL FEES.


Do You Work With Nonprofits?Intellispect helps service providers identify nonprofit prospects and make contact with decision makers.

State Chartered Credit Unions In Florida Board, Officers & Key Employees

Name (title)Compensation
Brian E Wolfburg
President/ceo
$1,031,369
John H Turpish
Evp/cfo
$579,414
Chad Meadows
COO
$504,778
Jenny H Vipperman
Chief Lending Officer
$462,098
Akin Agar
Chief Information Officer
$437,817
Robert L Davis
Chief Human Resources Officer
$380,960

State Chartered Credit Unions In Florida Vendors

Vendor Name (Service)Compensation
Dana B Kenyon Company
Construction
$32,993,088
Pscu
Card Services
$12,921,924
Fiserv
Banking And Payment
$11,770,224
Fiserv Solutions
Banking And Payment
$8,354,311
Cbi
Card Services
$7,175,374
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$405,260,532
Investment income $58,566,966
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $471,645,316

State Chartered Credit Unions In Florida Grants Awarded

Over the last fiscal year, State Chartered Credit Unions In Florida has awarded $696,832 in support to 13 organizations.

Grant RecipientAmount

MUSEUM OF SCIENCE & HISTORY

Org PageRecipient Profile

Jacksonville, FL

|

$355,000

GROUNDWORK JACKSONVILLE

Org PageRecipient Profile

Jacksonville, FL

|

$150,000

YMCA OF FLORIDA'S FIRST COAST

Org PageRecipient Profile

Jacksonville, FL

|

$35,500

Jacksonville, FL

|

$35,000

UNIVERSITY OF NORTH FL FOUNDATION

Org PageRecipient Profile

Jacksonville, FL

|

$29,400

CATHEDRAL ARTS PROJECT

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: PROGRAM SUPPORT

$23,110
View Grant Profile

State Chartered Credit Unions In Florida Peer Organizations

Create a Free Account

Create an account to unlock the data you need.

or
I