2023-11-09T15:46:11-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 592252733 SOUTHEASTERN CREDIT UNION FOUNDATION SOUT 8662310545 3692 COOLIDGE COURT TALLAHASSEE FL 32311 DR WEN HEMINGWAY CHIEF FINANCIAL OFFICER 8662310545 2023-11-09 1 DR WEN HEMINGWAY 999009999 0 SARAH REICHLING P01587996 6123764500 2023-11-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR WEN HEMINGWAY 3692 COOLIDGE COURT TALLAHASSEE FL 32311 2457696 0 X WWW.LSCU.COOP/FOUNDATION X 1982 FL ADVANCE SCIENCE, EDUCATION, AND OTHER CONSUMER CREDIT CHARITABLE PURPOSES 10 9 0 30 0 0 1106698 1942819 0 0 74741 -374128 8930 622 1190369 1569313 62061 970155 0 0 0 0 0 0 0 300841 480704 362902 1450859 827467 118454 4857599 4926905 95076 97165 4762523 4829740 X OPERATE FOR THE ADVANCEMENT OF SCIENCE, CHARITY & EDUCATION, AND FOR OTHER CHARITABLE PURPOSES, ESPECIALLY AS THEY RELATE TO CONSUMER CREDIT. 0 0 492677 102328 0 COMMUNITY SPARKS PROGRAM - SPARKING COLLABORATION AMONG CREDIT UNIONS IN EACH FLORIDA, ALABAMA, AND GEORGIA TO ADDRESS AN OVERLYING DEVELOPMENT ISSUE WITHIN THE COMMUNITIES THEY SERVE. ALABAMA AND GEORGIA HAVE CHOSEN TO PROVIDE HISTORICALLY BLACK COLLEGE & UNIVERSITY SCHOLARSHIPS TO PROVIDE FINANCIAL ASSISTANCE TO THE UNDERSERVED/FIRST-GENERATION COLLEGE STUDENTS ATTENDING HBCU'S WITHIN EACH OF THEIR STATES. FLORIDA IS WORKING ON A JOB UPSCALING PROJECT WITH GENERATIONS USA TO TRAIN JOB CANDIDATES WHO ARE DISPLACED OR OTHERWISE DISENGAGED IN THE CURRENT WORKFORCE AND PLACE THEM IN FLORIDA CREDIT UNIONS. 29400 29400 0 FINANCIAL COUNSELING CERTIFICATION PROGRAM (FICEP) FOR CREDIT UNION STAFF, DESIGNED FOR THOSE WHO WORK WITH MEMBERS THROUGH MEMBER SERVICE, LENDING, COLLECTIONS, AND ANY OTHERS DEDICATED TO ASSISTING MEMBERS WITH FINANCIAL CAPABILITY GOALS. INCLUDES TWO PARTS OF FOUR LEARNING MODULES EACH AND TWO EXAMS TO OBTAIN THE CERTIFIED CREDIT UNION FINANCIAL COUNSELOR DESIGNATION. 765730 765730 0 UPDATING AND OPERATING PROGRAMS FOR DISASTER RELIEF FOR CREDIT UNIONS AND/OR CREDIT UNION EMPLOYEES AND VOLUNTEERS WHO HAVE BEEN AFFECTED BY A NATURAL DISASTER. 72647 72697 0 SMALL ASSET SIZED CREDIT UNION GRANTS 72647 72697 0 1360454 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X DR WEN HEMINGWAY 8505581110 3692 COOLIDGE COURT TALLAHASSEE FL 32311 PATRICK LAPINE CEO 1.00 40.00 X X 0 844537 114902 KEVIN JOHNSON CHAIR THROUGH JUNE 2022 1.00 1.00 X X 0 0 0 HENRY ARMSTRONG CHAIR 1.00 1.00 X X 0 0 0 HANK HALTER CHAIR-ELECT 1.00 1.00 X X 0 0 0 RICHARD SKAGGS VICE CHAIR 1.00 1.00 X X 0 0 0 CARYL GREENE TREASURER THROUGH JUNE 2022 1.00 1.00 X X 0 0 0 TINA WILLIAMS TREASURER 1.00 1.00 X X 0 0 0 BOB CLAMPETT SECRETARY 1.00 1.00 X X 0 0 0 BRIAN AKIN IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 STEVE SWOFFORD TRUSTEE 1.00 1.00 X 0 0 0 DEBBIE SMITH TRUSTEE 1.00 1.00 X 0 0 0 BRENT LISTER TRUSTEE 1.00 1.00 X 0 0 0 SAMANTHA BEELER PRESIDENT LEAGUE 1.00 40.00 X 0 264378 122221 DR WEN HEMINGWAY CFO 1.00 40.00 X 0 277835 74670 0 1386750 311793 0 0 1 0 LSCU SERVICE CORPORATION INC 3692 COOLIDGE COURT TALLAHASSEE FL 32311 PAYROLL, HUMAN RESOURCES, ACCOUNTING 227971 1 111833 450000 1380986 1942819 7634 7634 397994 779756 -381762 -381762 -381762 106128 111833 108627 -2499 -2499 MISCELLANEOUS INCOME 900099 3121 3121 3121 1569313 0 0 -373506 104147 104147 866008 866008 168648 168648 5640 5640 32532 32532 42475 29727 12748 20235 20235 18885 18885 18876 45 18831 39939 39939 33856 33856 2494 2494 1116 1116 3352 3352 MISC EXPENSE 91048 73746 17302 ASSOCIATION DUES 1608 1608 1450859 1360454 90405 0 1096236 1462642 31101 68838 41294 3875 521 5582 4001 2698 1581 3252286 2804312 433666 585454 4857599 4926905 32902 42746 5000 57174 54419 95076 97165 X 2909112 2567825 1853411 2261915 4762523 4829740 4857599 4926905 118454 -51237 0 X 0 1 X 1 0 X 1143830 337940 550005 1106698 1942819 5081292 1143830 337940 550005 1106698 1942819 5081292 243275 4838017 63734 71826 31060 1990 7634 176244 106660 112157 218817 5476353 0.88340 0.74260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 2,430. 2022 AMOUNT: $ 3,121. FUNDRAISING REVENUE - 2021 AMOUNT: $ 104,230. 2022 AMOUNT: $ 109,036. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1853411 1460264 1051760 2261915 1172132 712604 31325 1853411 1374492 377840 175480 1172132 1614244 30952 270704 1374492 1242549 915486 543791 1614244 0.44180 0.00000 0.55820 0 0 5582 4001 1581 1581 INTERCOMPANY DUES FROM 585454 585454 INTERCOMPANY DUES TO 54419 54419 X PART V, LINE 4: INTENDED USE OF THE TEMPORARILY RESTRICTED FUNDS ARE FOR DISASTER RELIEF EFFORTS. THE INTENDED USE OF THE PERMANENTLY RESTRICTED FUNDS ARE TO SUBSIDIZE THE FOUNDATION'S MISSION OF PROVIDING SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM TAXES UNDER CODE SECTION 501(C)(3) OF THE IRC, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFFERENCE BETWEEN THE FINANCIAL STATEMENT AND TAX BASES OF ASSETS AND LIABILITIES, USING ENACTED TAX RATES IN EFFECT FOR THE YEAR IN WHICH THE DIFFERENCES ARE EXPECTED TO REVERSE. CURRENT INCOME TAXES ARE BASED ON THE YEAR'S TAXABLE INCOME FOR FEDERAL AND STATE INCOME TAX REPORTING PURPOSES. GOLF FUNDRAISING 75565 44318 31247 1300 8441 10275 24301 CULS GOLF 71980 25388 46592 1300 2800 9213 4197 7878 4 70416 42127 28289 6500 13297 10150 1250 7725 217961 111833 106128 9100 16097 17654 24622 1250 39904 108627 -2499 1 WORLDWIDE CREDIT UNION FOUNDATION 5710 MINERAL POINT RD MADISON WI 53705 396093210 501(C)(3) 6500 0 N/A N/A UKRAINE RELIEF EFFORTS FLORIDA DISASTER FUND 1545 RAYMOND DIEHL ROAD STE 250 TALLAHASSEE FL 32308 010973168 501(C)(3) 25000 0 N/A N/A VOLUNTEER FLORIDA FOUNDATION 2 0 PROFESSIONAL DEVELOPMENT 22 29400 N/A N/A DISASTER RELIEF 325 765730 N/A N/A PART I, LINE 2: PROFESSIONAL DEVELOPMENT GRANT REQUESTS ARE REVIEWED BY THE PROFESSIONAL DEVELOPMENT GRANT COMMITTEE FOR DECISIONS AND APPROVED GRANTS REQUIRE RECEIPTS OF EXPENSE FOR REIMBURSEMENT. DISASTER RELIEF GRANTS TOTALING MORE THAN $2,500 REQUIRE PICTURES, INSURANCE ESTIMATES AND/OR WORK ORDERS. ALL GRANT REQUESTS ARE REVIEWED BY THE DISASTER RELIEF COMMITTEE FOR DECISION. 0 1 0 0 0 0 0 0 0 PATRICK LAPINE CEO 0 627638 0 203574 0 13325 0 92896 0 22006 0 959439 0 0 SAMANTHA BEELER PRESIDENT LEAGUE 0 187910 0 58750 0 17718 0 113957 0 8264 0 386599 0 0 DR WEN HEMINGWAY CFO 0 222285 0 55000 0 550 0 71318 0 3352 0 352505 0 0 PART I, LINE 4B PATRICK LAPINE HAD DEFERRED NONQUALIFIED RETIREMENT CONTRIBUTIONS OF $68,969 IN 2022. DR. WEN HEMINGWAY HAD DEFERRED NONQUALIFIED RETIREMENT CONTRIBUTIONS OF $45,558 IN 2022. SAMANTHA BEELER HAD DEFERRED NONQUALIFIED RETIREMENT CONTRIBUTIONS OF $95,000 IN 2022. FORM 990, PART VI, SECTION A, LINE 1A STANDING AND SPECIAL COMMITTEES, APPOINTED BY THE CHAPTER PRESIDENT OR REQUESTED BY THE LEAGUE, MAY BE CREATED FROM TIME TO TIME TO FACILITATE THE OPERATION AND PROPER FUNCTION OF THE CHAPTER. THESE COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY AS PRESCRIBED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 3 LSCU SERVICE CORPORATION, INC. PROVIDES ALL MANAGEMENT DUTIES. THEIR SERVICES INCLUDE PAYROLL, HUMAN RESOURCES, ACCOUNTING, FACILITIES, AND INFORMATION TECHNOLOGY FOR THE LEAGUE AND AFFILIATES. ALL OFFICERS, TRUSTEE AND KEY EMPLOYEES ARE PAID BY LSCU SERVICE CORPORATION INC. AND THEIR COMPENSATION IS REPORTED ON PART VII, SECTION A. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION INCLUDE EACH MEMBER OF THE EXECUTIVE COMMITTEE OF LEAGUE OF SOUTHEASTERN CREDIT UNION, AS LONG AS HE/SHE HOLDS OFFICE AS A MEMBER OF THAT BOARD. FORM 990, PART VI, SECTION A, LINE 7A CONFIRMATION OF THE BOARD OF TRUSTEES SHALL BE BY THE MEMBERS OF THE LEAGUE OF SOUTHEASTERN CREDIT UNIONS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS SHALL REVIEW AND APPROVE THE ANNUAL BUDGET. FORM 990, PART VI, SECTION B, LINE 11B THE 990 DRAFT IS REVIEWED BY EXECUTIVE MANAGEMENT AND THE ENTIRE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C NO DIRECTOR, COMMITTEE MEMBER, OFFICER, AGENT OR EMPLOYEE OF THE CORPORATION IN ANY MANNER, DIRECTLY OR INDIRECTLY PARTICIPATE IN THE DELIBERATION UPON THE DETERMINATION OF ANY QUESTION AFFECTING HIS PECUNIARY INTEREST OR THE PECUNIARY INTEREST OF ANY CORPORATION, PARTNERSHIP, OR ASSOCIATION IN WHICH HE IS DIRECTLY OR INDIRECTLY INTERESTED. IN THE EVENT OF THE DISQUALIFICATION OF ANY DIRECTOR RESPECTING ANY MANNER PRESENTED TO THE BOARD OF DIRECTORS FOR DELIBERATION OR DETERMINATION, SUCH DIRECTOR SHALL WITHDRAW FROM SUCH DELIBERATION OR DETERMINATION; AND IN SUCH EVENT THE REMAINING QUALIFIED DIRECTORS PRESENT AT THE MEETING, IF CONSTITUTING A QUORUM WITH THE DISQUALIFIED DIRECTORS, MAY EXERCISE WITH RESPECT TO THIS MATTER, BY MAJORITY VOTE, ALL THE POWERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 LSCU SERVICE CORPORATION, A RELATED ORGANIZATION, PAYS ALL SALARY AND BENEFITS. AN OUTSIDE CONSULTANT IS HIRED BY THE BOARD TO PRODUCE A COMPREHENSIVE COMPENSATION REVIEW AND MAKES RECOMMENDATIONS TO THE COMPENSATION COMMITTEE. ONCE REVIEWED BY THE COMPENSATION COMMITTEE, ANY RECOMMENDED CHANGES TO THE CEO COMPENSATION ARE BROUGHT TO THE BOARD FOR APPROVAL. ALL OTHER OFFICERS' COMPENSATION IS REVIEWED BY LABOR IQ TO COMPARE SALARIES OF LIKE JOBS IN THE ASSOCIATION INDUSTRY AT OUR REVENUE SIZE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. LEAGUE OF SOUTHEASTERN CREDIT UNIONS 3692 COOLIDGE COURT TALLAHASSEE FL 32311 943458406 MEMBERSHIP ASSOCIATION FL 501(C)(6) 0 ALABAMA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 591681138 POLITICAL COMMITTEE AL 527 LEAGUE OF SOUTHEASTERN CREDIT UNIONS 0 FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 591889104 POLITICAL COMMITTEE FL 527 LEAGUE OF SOUTHEASTERN CREDIT UNIONS 0 GEORGIA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 581434794 POLITICAL COMMITTEE GA 527 LEAGUE OF SOUTHEASTERN CREDIT UNIONS 0 AFFILIATES CONSOLIDATED SERVICES LLC 3692 COOLIDGE CT TALLAHASSEE FL 32311 834690782 HOLDING CO FL N/A N/A 0 0 CREDIT UNION VENDOR MANAGEMENT 3692 COOLIDGE CT TALLAHASSEE FL 32311 263465697 FNCL SVCS FL N/A C 0 COMMON BOND TITLE OF FL 3692 COOLIDGE CT TALLAHASSEE FL 32311 862798465 TITLE SVCS FL N/A C 0 LEVERAGE BUSINESS LENDING LLC PO BOX 3108 TALLAHASSEE FL 32315 474390648 FNCL SVCS FL N/A C 0 CU AUDIT AND COMPLIANCE GROUP PO BOX 3108 TALLAHASSEE FL 32315 202711127 FNCL SVCS FL N/A C 0 CSI ASSETS LLC 3692 COOLIDGE CT TALLAHASSEE FL 32311 834697389 FNCL SVCS FL N/A C 0 MEMBERS ATM ALLIANCE LLC 3692 COOLIDGE CT TALLAHASSEE FL 32311 474162054 FNCL SVCS FL N/A C 0 LEVERAGE PAYMENT SOLUTIONS 3692 COOLIDGE CT TALLAHASSEE FL 32311 581900087 FNCL SVCS FL N/A C 0 GROWTH BY DESIGN INC 3692 COOLIDGE CT TALLAHASSEE FL 32311 581047790 FNCL SVCS FL N/A C 0 COMMON BOND TITLE LLC 3692 COOLIDGE CT TALLAHASSEE FL 32311 454292185 FNCL SVCS FL N/A C 0 SHARED COOPERATIVE SERVICES LLC 3692 COOLIDGE CT TALLAHASSEE FL 32311 834718990 FNCL SVCS FL N/A C 0 GETTINGAHEAD ASSOCIATION INC 3692 COOLIDGE CT TALLAHASSEE FL 32311 200038434 FNCL EDUCATION GA N/A C 0 LSCU SERVICE CORPORATION INC PO BOX 3108 TALLAHASSEE FL 32315 591086132 FNCL SVCS FL N/A C 0 GEORGIA CREDIT UNION AFFILIATES 3692 COOLIDGE CT TALLAHASSEE FL 32311 581556060 FNCL SVCS FL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0