2023-12-20T09:12:32-06:00 2022-12-31 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2022-01-01 590808589 RADIANT CREDIT UNION RADI 3864621180 4440 NW 25TH PL GAINESVILLE FL 326066563 THOMAS BARNARD PRESIDENT/CEO 3864621180 2023-12-19 1 THOMAS BARNARD 999009999 1 CORINNE LAROCHE P01500189 3523781331 2023-12-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS BARNARD 4440 NW 25TH PL GAINESVILLE FL 326066563 40415783 0 X HTTPS://WWW.RADIANTCU.ORG/ X 2021 FL ORGANIZATION IS A NOT-FOR-PROFIT CREDIT UNION THAT OFFERS MEMBERS LOAN AND DEPOSIT SERVICES. 9 9 222 13 1377584 0 0 0 23050906 27214913 182132 2325120 9498598 10840267 32731636 40380300 0 0 0 0 13249782 14573346 0 0 0 14643297 20406654 27893079 34980000 4838557 5400300 703310605 749270618 44616524 92214195 658694081 657056423 WE WILL DELIVER A TIMELY, ATTENTIVE, PERSONALIZED EXPERIENCE THAT LEAVES OUR MEMBERS FEELING VALUED! 0 0 WE'RE A CREDIT UNION, A NOT-FOR-PROFIT FINANCIAL INSTITUTION PROUDLY SERVING OUR COMMUNITY AND WE RETURN OUR PROFITS TO OUR MEMBER-OWNERS IN THE FORM OF BETTER RATES, LOWER FEES, A HIGHER RETURN ON DEPOSITS, AND PERSONALIZED SERVICE. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 54 0 1 222 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 FL X THE ORGANIZATION 3523815200 4440 NW 25TH PL GAINESVILLE FL 326066563 CALVIN DECOURSEY CHAIRMAN 1.00 0.00 X X 1156 0 0 CHAD KING VICE CHAIRMAN 1.00 0.00 X X 4623 0 0 CYNTHIA S BROCHU TREASURER 1.00 0.00 X X 0 0 0 JANE TAYLOR SECRETARY 1.00 0.00 X X 728 0 0 PATRICK FITZGERALD DIRECTOR 1.00 0.00 X 0 0 0 CHARLES GEIGER SR DIRECTOR 1.00 0.00 X 3140 0 0 DAVID NICHOLSON DIRECTOR 1.00 0.00 X 5599 0 0 SHARON PAPCIAK DIRECTOR 1.00 0.00 X 0 0 0 JOHN POWER DIRECTOR 1.00 0.00 X 603 0 0 THOMAS BARNARD PRESIDENT/CEO 40.00 0.00 X 459027 0 33797 KELLY CHESSER COO 40.00 0.00 X 232068 0 28606 BRANDON LOVE CTO 40.00 0.00 X 211845 0 28114 MATTHEW BRADDY CLO 40.00 0.00 X 193776 0 27394 TREY PRESNELL CFO 40.00 0.00 X 185317 0 26558 ANDREW CUOMO CPO 40.00 0.00 X 182122 0 26578 ALBERT STRICKLAND VP OF MARKETING 40.00 0.00 X 161224 0 21938 TANNIA WEAVER VP OF RISK/COMPLIANCE 40.00 0.00 X 151803 0 19069 JOSH EMERSON VP OF CREDIT 40.00 0.00 X 150904 0 13779 KIMBERLY MAXWELL VP OF OPERATIONS 40.00 0.00 X 128604 0 24054 CAROL TUCKER REGIONAL DIRECTOR OF MEMBER EXPERIENCE 40.00 0.00 X 121761 0 14067 2194300 0 263954 12 0 1 0 WITTENBACH BUSINESS SYSTEMS LLC PO BOX 45769 BALTIMORE MD 212975769 SECURITY 588928 AVTEX SOLUTIONS LLC PO BOX 856660 MINNEAPOLIS MN 554856660 CONSULTING 180006 SORENSON VANLEUVEN PLLC PO BOX 3637 TALLAHASSEE FL 32315 LEGAL FEES 153929 PK 5 LLC 2627 NW 43RD STREET SUITE 300 GAINESVILLE FL 32606 RENT 131424 4 CONSUMER LOANS 522291 16738971 16738971 BUSINESS LOANS 522220 4030525 4030525 VISA 522210 3179660 3179660 MORTGAGE LOANS 522292 2208480 2208480 HELOC LOANS 522292 1006817 1006817 50460 50460 27214913 2337393 2337393 23210 35483 -12273 -12273 -12273 MISCELLANEOUS OPERATING INCOME 522100 5564731 5564731 FEE INCOME 522100 3897952 3897952 GAP INSURANCE 524298 567817 567817 809767 809767 10840267 40380300 36665323 1377584 2337393 1651048 10232533 458499 2231266 110310 60939 629306 1155260 862828 2502122 1345491 355939 2000 2131086 1094378 190784 PROVISION FOR LOAN LOSS 5671261 LOAN SERVICING 2058860 DEBIT CARD 865845 ATM 522649 847596 34980000 2710925 4951976 8939112 17958833 498562126 581573638 2296293 2190618 30141300 10438592 17583085 19702708 171612654 113998456 1071820 1606410 7822569 703310605 749270618 3035129 3591119 504314 637685 40000000 40000000 1077081 47985391 44616524 92214195 X 0 0 0 0 658694081 657056423 658694081 657056423 703310605 749270618 5400300 -7037958 0 X X 0 1 X 1 0 7450119 7450119 15278938 5024833 10254105 845815 420356 425459 6470218 4993403 1476815 96210 96210 19702708 OVERNIGHT INVESTMENTS 33921517 F ALL OTHER INVESTMENTS 80076939 F 113998456 DIVIDENDS PAYABLE 2783 INTEREST PAYABLE 197486 OTHER LIABILITIES 1968410 TAXES PAYABLE 41540 OPERATING LEASE LIABILITY 1071820 SHARE LIABILITY 44703352 47985391 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE TAX LAWS. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY ON EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X 0 1 0 THOMAS BARNARD PRESIDENT/CEO 338462 0 71232 0 49333 0 9863 0 23934 0 492824 0 0 0 KELLY CHESSER COO 181995 0 41193 0 8880 0 12762 0 15844 0 260674 0 0 0 BRANDON LOVE CTO 172540 0 38658 0 647 0 12360 0 15754 0 239959 0 0 0 MATTHEW BRADDY CLO 157524 0 35524 0 728 0 11540 0 15854 0 221170 0 0 0 TREY PRESNELL CFO 148446 0 32757 0 4114 0 10824 0 15734 0 211875 0 0 0 ANDREW CUOMO CPO 148521 0 32751 0 850 0 10833 0 15745 0 208700 0 0 0 ALBERT STRICKLAND VP OF MARKETING 124449 0 31674 0 5101 0 10038 0 11900 0 183162 0 0 0 TANNIA WEAVER VP OF RISK/COMPLIANCE 114240 0 27936 0 9627 0 14593 0 4476 0 170872 0 0 0 JOSH EMERSON VP OF CREDIT 115447 0 28582 0 6875 0 7481 0 6298 0 164683 0 0 0 KIMBERLY MAXWELL VP OF OPERATIONS 93670 0 25750 0 9184 0 9331 0 14723 0 152658 0 0 0 PART I, LINE 4B THE CREDIT UNION PROVIDES CERTAIN INDIVIDUALS WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (PLAN). THE PLAN IS BEING FUNDED VIA LIFE INSURANCE POLICIES AND SPLIT DOLLAR LOAN AGREEMENTS HAVE BEEN ENTERED INTO WITH THE PARTICIPANTS OF THE EXECUTIVES COVERED UNDER THE PLAN. AS PART OF THE SPLIT DOLLAR LOAN AGREEMENTS, THE EXECUTIVES HAVE ASSIGNED THE POLICIES TO THE CREDIT UNION AS COLLATERAL. THIS ASSIGNMENT SECURES REPAYMENT OF ANY ADVANCES AND ACCRUED INTEREST FOR THE POLICY PREMIUMS AND ANY OTHER ADVANCES UNDER ANY AGREEMENT. THE LOANS HAVE A FIXED INTEREST RATE, WITH INTEREST ACCRUED MONTHLY AND CAPITALIZED AS PART OF THE TOTAL LOAN BALANCE ANNUALLY. THE ORGANIZATION HAS A SPLIT DOLLAR RETIREMENT PLAN IN PLACE FOR OFFICER TOM BARNARD. THERE ARE NO FUNDS PAID CURRENTLY AS THE OFFICER DOES NOT MEET THE AGE REQUIREMENT. THE CREDIT UNION FUNDED THE PRESENT CASH VALUE OF THE POLICY FOR WHICH IT RETAINS ON THE BALANCE SHEET AS AN ASSET AND ADJUSTS IT MONTHLY TO MARKET VALUE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY MANAGEMENT BEFORE FILING. THE RETURN IS NOT GIVEN TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2B THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE REPORTED AS OF 6/30/2023 AND NOT THEIR TAX YEAR 12/31/2022. THEREFORE, 990 PART IV, LINE 12A, HAS BEEN ANSWERED, "NO, AND FORM 990 PART XII, LINE 2B, HAS BEEN ANSWERED, "YES." RAYS OF HOPE FOUNDATION INC 4440 NW 25TH PLACE GAINESVILLE FL 32606 810734376 TO PROMOTE AND PROVIDE CHARITABLE ASSISTANCE FL 501(C)(3) LINE 7 RADIANT CREDIT UNION 1 RADIANT FINANCIAL SOLUTIONS LLC 4440 NW 25TH PLACE GAINESVILLE FL 32606 454195071 CREDIT UNION SERVICE ORGANIZATION FL RADIANT CREDIT UNION S 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0