2024-11-14T16:16:38-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2023-01-01 580904765 DELTA COMMUNITY CREDIT UNION DELT 4047154725 3250 RIVERWOOD PKWY ATLANTA GA 30339 JAY GRATWICK CHIEF FINANCIAL OFFICER 4047154725 2024-11-13 1 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-11-12 2023 2024-10-15 13:58:12Z HANK HALTER 3250 RIVERWOOD PKWY ATLANTA GA 30339 528261124 0 X WWW.DELTACOMMUNITYCU.COM X 1940 GA HELP MEMBERS REACH A LEVEL OF FINANCIAL AWARENESS AND STABILITY THAT AFFORDS THEM PEACE OF MIND. 10 9 1703 13 2710706 455263 0 0 304454728 348593567 42237751 54108667 0 0 346692479 402702234 321497 423657 22871220 59576719 128095046 142915142 0 0 0 128624223 166451769 279911986 369367287 66780493 33334947 9251719034 8657245365 8627411201 7932959749 624307833 724285616 WE WANT TO BE METRO ATLANTA'S PREFERRED PLACE TO BANK, KNOWN FOR PROVIDING OUR MEMBERS WITH HONEST VALUE, SUPERIOR SERVICE AND TRUSTED ADVICE. 0 0 DELTA COMMUNITY WAS FOUNDED IN 1940 BY EIGHT EMPLOYEES OF DELTA AIR LINES AND HAS BECOME GEORGIA'S LARGEST CREDIT UNION WITH MORE THAN $8 BILLION IN ASSETS AND 32 BRANCH LOCATIONS. IN ADDITION TO PROUDLY SERVING DELTA AIR LINES' EMPLOYEES, THE CREDIT UNION NOW WELCOMES RESIDENTS OF 16 METRO ATLANTA COUNTIES AND EMPLOYEES OF MORE THAN 130 OTHER BUSINESSES. WE ARE ACTIVELY INVOLVED WITH LOCAL CHAMBERS OF COMMERCE, SCHOOLS AND CHARITABLE ORGANIZATIONS TO THIS END AND EMBRACE THE OPPORTUNITY TO GIVE BACK TO THE COMMUNITIES WHERE WE LIVE, WORK, AND SERVE. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 176765 0 1 1703 1 1 1 0 0 0 0 0 1 0 X 10 9 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JAY GRATWICK 4047154725 3250 RIVERWOOD PKWY ATLANTA GA 30339 HANK HALTER PRESIDENT & CEO 40.00 X X 1587637 0 483426 PAM DAVIS SVP BRANCH DELIVERY & OPERATIONS 40.00 X 1041450 0 101072 MATTHEW SHEPHERD EVP & COO 40.00 X 829163 0 248062 BOB MANNING SVP & GENERAL COUNSEL 40.00 X 847720 0 128230 JAY GRATWICK EVP & CFO 40.00 X 696392 0 218453 BOB WALSH EVP & CLO 40.00 X 688581 0 211910 BILL BUCHANAN SVP & CRO 40.00 X 724219 0 98686 BILL MESPLAY SVP REMOTE DELIVERY 40.00 X 654362 0 98158 TIM MITCHELL SVP & CIO 40.00 X 535641 0 120118 SUZANNE MITCHELL SVP HR 40.00 X 467589 0 103830 JULIE BATES VP-RETIREMENT & INVESTMENTS 40.00 X 435400 0 42620 ERIC A LATIMER VP-COMMERCIAL LENDING 40.00 X 403420 0 50444 DAVID CASEY FINANCIAL ADVISOR 40.00 X 381297 0 44344 ABDUL HUSSAIN VP-INFORMATION SECURITY 40.00 X 367651 0 50444 ARPAN PATEL VP-ENTERPRISE RISK MANAGEMENT 40.00 X 343872 0 49244 CHARLIE BOYAJIAN DIRECTOR 1.00 X 48500 0 0 LINDA O'SHEA VICE CHAIRMAN 1.00 X X 37700 0 0 LEMUAL WIMBISH SECRETARY & TREASURER 1.00 X X 37700 0 0 ROBIN STRICKLIN DIRECTOR 1.00 X 36950 0 0 JIM DIFFLEY CHAIRMAN 1.00 X X 34500 0 0 MATT SULLIVAN DIRECTOR 1.00 X 32800 0 0 ESTHER HAMMOND DIRECTOR 1.00 X 28350 0 0 ALLISON AUSBAND DIRECTOR 1.00 X 18700 0 0 ALAN ARNOLD DIRECTOR 1.00 X 15300 0 0 10294894 0 2049041 290 0 1 0 THREEWILL CONSULTING 148 IRON MT RD CANTON GA 30115 CONSULTING 1324839 INSIGHT GLOBAL PO BOX 198226 ATLANTA GA 30384 TEMPORARY EMPLOYEE PLACEMENT 977726 RCG GLOBAL SERVICES (WOODRIDGE) PO BOX 829989 PHILADELPHIA PA 191829989 CONSULTING 350251 CPRIME 990 NORTHBROOK DR STE 320 FEASTERVILLETREVOS PA 19053 TEMPORARY EMPLOYEE PLACEMENT 283025 THE INTERSECT GROUP PO BOX 11630 ATLANTA GA 30368 TEMPORARY EMPLOYEE PLACEMENT 188018 8 INCOME FROM LOANS 522291 255919637 255919637 INTERCHANGE INCOME 525990 43346488 43346488 SERVICE CHARGES 525990 30581342 30244079 337263 OTHER OPERATING INCOME 525990 18746100 16372657 2373443 348593567 51885712 51885712 127781845 125558890 2222955 2222955 2222955 402702234 345882861 2710706 54108667 X 413657 10000 59576719 10175199 107745850 4726409 13442229 6825455 566780 351208 92416 7788044 7803884 10827323 12347449 1185962 28759319 7160647 933655 UBI TAXES 82746 PROVISION FOR LOAN LOSS 28423560 FINANCIAL SERVICES OPER 24247573 SERVICE CONTRACTS 21980130 13901073 369367287 59229886 85993106 110924743 80813212 61506873 48235546 5778424592 5585044428 9702944 9591222 161795947 78795959 83506912 82999988 2893185204 2526762908 49844539 27020350 205393341 210784605 9251719034 8657245365 75843710 93663574 1280000 960000 629000000 400000000 7921287491 7438336175 8627411201 7932959749 X 0 0 0 0 624307833 724285616 624307833 724285616 9251719034 8657245365 X 33334947 73802358 -7159522 X X 0 1 X 1 0 92416 0 0 92416 92416 1 LEAGUE OF SOUTHEASTERN CREDIT UNIONS 3692 COOLIDGE COURT TALLAHASSEE FL 32311 943458406 92416 PART I-A, LINE 1: CONTRIBUTION TO POLITICAL ACTION COMMITTEE. 12519293 12519293 74372604 26519401 47853203 25582532 12927502 12655030 43849987 34153296 9696691 5471531 5195760 275771 82999988 MEMBER SHARES 7379780649 LEASE LIABILITIES 58555526 7438336175 X PART X, LINE 2: MANAGEMENT EVALUATED THE CREDIT UNION'S TAX POSITIONS AND CONCLUDED THAT THE CREDIT UNION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE CREDIT UNION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF GEORGIA. THE CREDIT UNION'S 2019 THROUGH 2023 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 JR ACHIEVEMENT OF GEORGIA INC 275 NORTHSIDE DRIVE NW ATLANTA GA 84101 580598050 501(C)(3) 30000 0 GENERAL SUPPORT LEAGUE OF SOUTHEASTERN CREDIT UNIONS 3692 COOLIDGE CT TALLAHASSEE FL 32311 943458406 501(C)(6) 18976 0 GENERAL SUPPORT CITY SPRINGS THEATRE COMPANY 8601 DUNWOODY PLACE SUITE 136 SANDY SPRINGS GA 30350 821085513 501(C)(3) 17500 0 GENERAL SUPPORT COMMUNITIES IN SCHOOLS ATLANTA 260 PEACHTREE STREET SUITE 750 ATLANTA GA 30303 581152807 501(C)(3) 17500 0 GENERAL SUPPORT SCIENCE ATL 91 PEACHTREE ST NE STE 3400 ATLANTA GA 30310 471652595 501(C)(3) 15000 0 GENERAL SUPPORT TREES ATLANTA 825 WARNER ST SW SUITE A ATLANTA GA 30310 581584758 501(C)(3) 13000 0 GENERAL SUPPORT BIG BROTHER BIG SISTERS METRO ATLANTA 608 MURPHY AVE SW STE 190 ATLANTA GA 30310 580861895 501(C)(3) 12500 0 GENERAL SUPPORT NATIONAL BLACK ARTS FESTIVAL 1429 FAIRMONT AVE NW SUITE J ATLANTA GA 30318 581736780 501(C)(3) 12500 0 GENERAL SUPPORT GWINNETT CHAMBER OF COMMERCE 6500 SUGARLOAF PARKWAY DULUTH GA 30097 580537282 501(C)(6) 11975 0 GENERAL SUPPORT BREAKTHROUGH ATLANTA 4075 PACES FERRY RD NW ATLANTA GA 30310 844725498 501(C)(3) 11500 0 GENERAL SUPPORT GREATER NORTH FULTON CHAMBER OF COMMERCE 10000 AVALON BLVD SUITE 100 ALPHARETTA GA 30009 581157316 501(C)(6) 10350 0 GENERAL SUPPORT ARTSBRIDGE FOUNDATION 2800 COBB GALLERIA PARKWAY ATLANTA GA 30339 201638556 501(C)(3) 10000 0 GENERAL SUPPORT COBB CHAMBER OF COMMERCE 1100 CIRCLE 75 PARKWAY 1000 ATLANTA GA 30339 580198114 501(C)(6) 10000 0 GENERAL SUPPORT FOOD WELL ALLIANCE 970 JEFFERSON ST NW STE 2 ATLANTA GA 30318 474363668 501(C)(3) 10000 0 GENERAL SUPPORT KIDS' DOC ON WHEELS INC 4112 E PONCE DE LEON AVENUE CLARKSTON GA 30021 813823874 501(C)(3) 10000 0 GENERAL SUPPORT MIDWEST FOOD BANK GEORGIA 220 PARKADE COURT PEACHTREE CITY GA 30269 412120170 501(C)(3) 10000 0 GENERAL SUPPORT NSORO EDUCATIONAL FOUNDATION 1349 W PEACHTREE ST NW ATLANTA GA 30309 870758361 501(C)(3) 10000 0 GENERAL SUPPORT SUNSHINE ON A RANNEY DAY 10800 ALPHARETTA HIGHWAY SUITE 208 ROSWELL GA 30076 454773997 501(C)(3) 10000 0 GENERAL SUPPORT WOODRUFF ARTS CENTER 1280 PEACHTREE ST NE ATLANTA GA 30309 580633971 501(C)(3) 10000 0 GENERAL SUPPORT BEARINGS BIKE WORKS 982 MURPHY AVE SW ATLANTA GA 30310 454335893 501(C)(3) 9000 0 GENERAL SUPPORT ESPN CRICKET CELEBRATION BOWL 5555 GLENRIDGE CONNECTOR SUITE 350 ATLANTA GA 30342 133759888 501(C)(3) 9000 0 GENERAL SUPPORT MENTAL FITNESS 21ST CENTURY LEARNING 5064 HARRIS ST UNION CITY GA 30291 464613075 501(C)(3) 9000 0 GENERAL SUPPORT 100 BLACK MEN OF ATLANTA 101 JACKSON ST NE ATLANTA GA 30312 587121923 501(C)(3) 8000 0 GENERAL SUPPORT BOY SCOUTS OF AMERICA 1800 CIRCLE 75 PARKWAY ATLANTA GA 30339 580566122 501(C)(3) 7950 0 GENERAL SUPPORT EMORY UNIVERSITY 1300 CLIFTON RD ATLANTA GA 30322 580566256 501(C)(3) 7500 0 GENERAL SUPPORT FOUR CORNERS GROUP INC 1425 RIDENOUR BLVD KENNESAW GA 30152 465033563 501(C)(3) 7500 0 GENERAL SUPPORT FRAZER CENTER 1815 S PONCE DE LEON NE ATLANTA GA 30307 581824440 501(C)(3) 7500 0 GENERAL SUPPORT GIRL SCOUTS OF GREATER ATLANTA 5601 N ALLEN RD SE 2629 MABLETON GA 30126 580566190 501(C)(3) 7500 0 GENERAL SUPPORT GREAT PROSPECTS INC 1425 MARKET BLVD ROSWELL GA 30076 203500757 501(C)(3) 7500 0 GENERAL SUPPORT KENNESAW STATE UNIVERSITY DAYS OF SERVICE 1000 CHASTAIN RD NW KENNESAW GA 30144 580965786 501(C)(3) 7500 0 GENERAL SUPPORT UNITED WAY OF GREATER ATLANTA 40 COURTLAND ST NE 300 ATLANTA GA 30303 580566194 501(C)(3) 7500 0 GENERAL SUPPORT VERTIAS SCHOOL OF SOCIAL SCIENCES 504 FAIR ST SW ATLANTA GA 30313 872758480 501(C)(3) 7500 0 GENERAL SUPPORT VOX TEENS COMMUNICATION 229 PEACHTREE ST 725 ATLANTA GA 30303 582107143 501(C)(3) 7500 0 GENERAL SUPPORT WOMEN IN TECHNOLOGY (WIT) 1750 POWDER SPRING ROAD SUITE 190 256 MARIETTA GA 30064 311839582 501(C)(3) 7500 0 GENERAL SUPPORT YOUTH EMPOWERMENT SUCCESS SERVICES 1635 PHOENIX BLVD COLLEGE PARK GA 30349 810689148 501(C)(3) 7500 0 GENERAL SUPPORT GREATER HALL CHAMBER OF COMMMERCE 230 E E BUTLER PKWY GAINESVILLE GA 30501 580251406 501(C)(6) 7420 0 GENERAL SUPPORT CORPORATE VOLUNTEER COUNCIL OF ATLANTA 600 MEANS ST NW ATLANTA GA 30318 582054790 501(C)(3) 7200 0 GENERAL SUPPORT SUSAN G KOMEN BREAST CANCER FOUNDATION 13770 NOEL ROAD STE 801889 DALLAS TX 75380 751835298 501(C)(3) 6500 0 GENERAL SUPPORT ATLANTA PUBLIC SCHOOLS 256 CLIFTON STREET ATLANTA GA 30317 581730024 501(C)(3) 5500 0 GENERAL SUPPORT REVVED UP KIDS INC 3105-C GATEWAY DR PEACHTREE CORNERS GA 30071 471453704 501(C)(3) 5500 0 GENERAL SUPPORT DELTA BOULEVARD BASH 1030 DELTA BLVD ATLANTA GA 30354 208677471 501(C)(3) 5286 0 GENERAL SUPPORT 36 5 HBCU SCHOLARSHIP 4 5000 DELTA COMMUNITY SCHOLARSHIP PROGRAM 5 5000 PART I, LINE 2: DELTA COMMUNITY REQUIRES THAT ALL GRANTEE RECIPIENTS SUBMIT AN IMPACT REPORT AT THE CLOSE OF EACH GRANT PERIOD (NOVEMBER 30TH). THIS INDUSTRY STANDARD HIGHLIGHTS THE GOALS ACHIEVED, IMPACT MADE AND RETURN ON INVESTMENT BY DELTA COMMUNITY AND THE ORGANIZATION. REGARDING THE SCHOLARSHIPS, THE CREDIT UNION MAINTAINS WRITTEN POLICIES AND PROCEDURES REGARDING THE DISTRIBUTION OF GRANT FUNDS TO ORGANIZATIONS AND INDIVIDUALS. THESE DETAIL ALL REQUIREMENTS FOR THE FUNDS AS WELL AS HOW THE FUNDS ARE TO BE DISTRIBUTED AND USED. X X X 1 1 X X X X 0 1 0 HANK HALTER PRESIDENT & CEO 841794 0 652565 0 93278 0 474709 0 8717 0 2071063 0 0 0 PAM DAVIS SVP BRANCH DELIVERY & OPERATIONS 322220 0 171031 0 548199 0 100387 0 685 0 1142522 0 472626 0 MATTHEW SHEPHERD EVP & COO 496771 0 300097 0 32295 0 225618 0 22444 0 1077225 0 0 0 BOB MANNING SVP & GENERAL COUNSEL 380683 0 192614 0 274423 0 112394 0 15836 0 975950 0 239148 0 JAY GRATWICK EVP & CFO 418333 0 253700 0 24359 0 194409 0 24044 0 914845 0 0 0 BOB WALSH EVP & CLO 418333 0 247911 0 22337 0 192962 0 18948 0 900491 0 0 0 BILL BUCHANAN SVP & CRO 314646 0 167253 0 242320 0 98686 0 0 0 822905 0 213273 0 BILL MESPLAY SVP REMOTE DELIVERY 284467 0 147478 0 222417 0 91191 0 6967 0 752520 0 199497 0 TIM MITCHELL SVP & CIO 339724 0 180735 0 15182 0 104469 0 15649 0 655759 0 0 0 SUZANNE MITCHELL SVP HR 299602 0 158487 0 9500 0 95113 0 8717 0 571419 0 0 0 JULIE BATES VP-RETIREMENT & INVESTMENTS 336942 0 90727 0 7731 0 26400 0 16220 0 478020 0 0 0 ERIC A LATIMER VP-COMMERCIAL LENDING 212080 0 184785 0 6555 0 26400 0 24044 0 453864 0 0 0 DAVID CASEY FINANCIAL ADVISOR 342731 0 35742 0 2824 0 23100 0 21244 0 425641 0 0 0 ABDUL HUSSAIN VP-INFORMATION SECURITY 256269 0 108606 0 2776 0 26400 0 24044 0 418095 0 0 0 ARPAN PATEL VP-ENTERPRISE RISK MANAGEMENT 242137 0 100305 0 1430 0 26400 0 22844 0 393116 0 0 0 PART I, LINE 1A THE ORGANIZATION HAS AUTHORIZED GYM DUES FOR ALL EMPLOYEES WHICH IS PAID THROUGH THEIR W-2. ADDITIONALLY, THE ORGANIZATION HAS AUTHORIZED TRAVEL FOR COMPANIONS AND FIRST CLASS TRAVEL FOR CERTAIN MEMBERS OF MANAGEMENT. 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 DURING 2023: HANK HALTER - $448,309 MATTHEW SHEPARD - $199,218 JAY GRATWICK - $168,009 BOB WALSH - $166,562 BOB MANNING - $85,994 TIM MITCHELL - $78,069 BILL BUCHANAN - $72,286 PAM DAVIS - $73,987 SUZANNE MITCHELL - $68,713 BILL MESPLAY - $64,791 THE FOLLOWING 457(F) DISTRIBUTIONS WERE MADE BY THE CREDIT UNION DURING 2023: BILL BUCHANAN - $213,273 PAM DAVIS - $472,626 BOB MANNING - $239,148 BILL MESPLAY - $199,497 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY TWO-THIRDS VOTE (2/3) OF THE BOARD, MAY DESIGNATE AN EXECUTIVE COMMITTEE, CONSISTING OF THE CHAIRPERSON OF THE BOARD, VICE CHAIRPERSON, SECRETARY, TREASURER, AUDIT COMMITTEE CHAIRPERSON, ANY OTHER DESIGNATED DIRECTOR AND THE CHIEF EXECUTIVE OFFICER OF THE CREDIT UNION. THE EXECUTIVE COMMITTEE MAY EXERCISE OVERSIGHT AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CREDIT UNION. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR (I) ESTABLISHING AND/OR APPROVING ALL EXECUTIVE LEVEL MANAGEMENT COMPENSATION, INCLUDING BUT NOT LIMITED TO SALARIES, VARIABLE COMPENSATION, VACATION PAYOUTS, SEVERANCE PAY AND 457(F) DEFERRED COMPENSATION PLANS FOR THE CEO, PRESIDENT, EXECUTIVE VICE PRESIDENTS AND SENIOR VICE PRESIDENTS; AND (II) APPROVING ANNUAL VARIABLE COMPENSATION PAYOUTS TO ALL CREDIT UNION EMPLOYEES. THE EXECUTIVE COMMITTEE SHALL DESIGNATE ONE OF ITS MEMBERS AS THE PLAN ADMINISTRATOR FOR ALL 457(F) DEFERRED COMPENSATION PLANS AND SUCH DESIGNEE SHALL HANDLE ALL ADMINISTRATIVE DECISIONS RELATING THERETO. IN ADDITION, SUCH DESIGNEE SHALL BE RESPONSIBLE FOR COMMUNICATING AS NECESSARY WITH THE THIRD PARTIES ON MATTERS OF COMPENSATION OF EXECUTIVE LEVEL MANAGEMENT, INCLUDING BUT NOT LIMITED TO MATTERS RELATING TO CHANGE IN COMPENSATION. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL REQUIRE THE VOTE OF TWO-THIRDS (2/3) OF ALL ITS MEMBERS ELIGIBLE TO VOTE ON A MATTER AND ALL DECISIONS RELATING TO COMPENSATION SHALL ADDITIONALLY REQUIRE A WRITTEN APPROVAL MEMORIALIZING THE DECISION OF THE EXECUTIVE COMMITTEE, SIGNED BY THE CHAIRMAN. THE EXECUTIVE COMMITTEE MAY NOT, HOWEVER, (A) APPROVE OR PROPOSE TO THE MEMBERS ACTIONS WHICH THE CODE OR THESE BYLAWS REQUIRES TO BE APPROVED BY THE MEMBERS; (B) FILL VACANCIES ON THE BOARD OF DIRECTORS OR ANY OF ITS COMMITTEES; (C) AMEND THE BYLAWS OF THE CREDIT UNION; (D) APPROVE OR RECOMMEND TO THE MEMBERS A PLAN OF MERGER OR CONSOLIDATION, A SALE, LEASE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE CREDIT UNION'S PROPERTY AND ASSETS, OR ANY DISSOLUTION OR LIQUIDATION OF THE CREDIT UNION; OR (E) AUTHORIZE INDEMNIFICATION OF ANY OFFICER OR DIRECTOR AS PROVIDED IN ARTICLE IX OF THESE BYLAWS. THE BOARD OF DIRECTORS MAY REMOVE MEMBERS OF THE EXECUTIVE COMMITTEE. ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD OF DIRECTORS AS THE BOARD SHALL PRESCRIBE AT EACH REGULAR MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED DURING 2023 FOR THE FOLLOWING CHANGES - - FIELD OF MEMBERSHIP: THE AMENDED BYLAWS EXPANDED THE FIELD OF MEMBERSHIP TO INCLUDE FOSTER CHILDREN AND INDIVIDUALS WITH CONDITIONAL OFFERS OF EMPLOYMENT. FURTHERMORE, THE BYLAWS REMOVED THE REQUIREMENT OF BOARD APPROVAL FOR THE FIELD OF MEMBERSHIP. - SPECIAL MEETINGS: THE AMENDED BYLAWS ALLOW COMMITTEE MEMBERS TO REQUEST SPECIAL MEETINGS AND SET QUORUM REQUIREMENTS FOR COMMITTEES. - EXECUTIVE COMMITTEE: THE AMENDED BYLAWS REQUIRE THAT ELECTION OF THE EXECUTIVE COMMITTEE COME FROM ELIGIBLE MEMBERS. - ELECTION OF OFFICERS: THE AMENDED BYLAWS EXCLUDES THE CHIEF EXECUTIVE OFFICER FROM THE ELECTION PROCESS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CREDIT UNION SHALL BE: -ANY PERSONS WHO ARE OR HAVE BEEN EMPLOYEES OF DELTA AIRLINES, INC. AND THEIR IMMEDIATE FAMILY MEMBERS OR DOMESTIC PARTNER. -ANY PERSONS WHO ARE OR HAVE BEEN EMPLOYEES AND THEIR IMMEDIATE FAMILY MEMBERS OR DOMESTIC PARTNER OF OTHER GROUPS INCLUDED IN THE CREDIT UNION'S BYLAWS AND APPROVED BY THE BOARD OF DIRECTORS. -NON-PROFIT ORGANIZATIONS WHOSE EMPLOYEES, MEMBERS OR OWNERS ARE PRIMARILY COMPOSED OF PERSONS OR ORGANIZATIONS INCLUDED IN THE ABOVE MEMBERSHIP CRITERIA, AND ALL EMPLOYEES, MEMBERS AND OWNERS OF SUCH ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED BY MEMBERSHIP. EACH MEMBER OF THE CREDIT UNION HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B AT ANY MEETING THE MEMBERS (BY ONE MEMBER, ONE VOTE) MAY DECIDE ON ANY MATTER OF INTEREST TO THE CREDIT UNION AND MAY OVERRULE THE BOARD OF DIRECTORS PROVIDED THE NOTICE OF THE MEETING SPECIFIES THE QUESTION TO BE CONSIDERED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM BASED ON THE INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEE HANDBOOK SPELLS OUT THE COMPANY'S CONFLICT OF INTEREST POLICY AND REQUIRES EMPLOYEES TO REPORT ALL CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST TO MANAGEMENT AND/OR THROUGH THE ETHICS/COMPLIANCE HOTLINE NUMBER OR VIA THE INTERNET LINK. EMPLOYEES MUST REPORT ANY POTENTIAL CONFLICT OF INTEREST TO THEIR MANAGER, WHO IN TURN WOULD REPORT THE MATTER TO THE COMPANY'S GENERAL COUNSEL AND THE CHIEF RISK OFFICER FOR A DETERMINATION. ADDITIONALLY, IF AN EMPLOYEE SUSPECTS A CONFLICT OF INTEREST INVOLVING A FELLOW EMPLOYEE, THEY CAN REPORT IT VIA THE ETHICS/COMPLIANCE HOTLINE, WHICH WOULD THEN BE ELEVATED TO THE GENERAL COUNSEL AND THE CHIEF RISK OFFICER FOR A DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES WAS DETERMINED BY THE COMPENSATION COMMITTEE (CONSISTING OF INDEPENDENT DIRECTORS) USING INDUSTRY COMPETITIVE SURVEYS FOR SIMILAR POSITIONS. ALL DISCUSSIONS AND DELIBERATIONS ARE DOCUMENTED IN THE MINUTES OF THE MEETINGS HELD. THIS PROCESS WAS MOST RECENTLY CONDUCTED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 24E LOAN SERVICE & COLLECTION 12,680,340. OTHER EXPENSES 686,896. MEMBERSHIP DUES 533,837. FORM 990, PART XI, LINE 9: GAIN ON LEASE TERMINATION 3,136,772. CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -10,296,294. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. MEMBERS INSURANCE ADVISORS LLC 315 HWY 74 N PEACHTREE CITY GA 30269 261084051 INSURANCE GA 4969274 22059650 DELTA COMMUNITY CREDIT UNION