2024-07-19T11:28:13-04:00 2023-12-31 592164330 Gerald E Creasman CPA PA 9200 S Dadeland Blvd Suite 504 Miami FL 33156 990 2023-01-01 596194363 MIDFLORIDA CREDIT UNION MIDF PO BOX 8008 LAKELAND FL 33802 ZELDA ABRAM CFO 8636162157 2024-05-13 true ZELDA ABRAM true Gerald E Creasman CPA P00428587 3055960903 2024-07-19 2 11 AAL2 IAL1 2023 2023-04-26 12:10:37Z 439071164 false X WWW.MIDFLORIDA.COM X 1954 FL SEE SCHEDULE O 11 11 1713 16 667496 0 0 294873273 380830234 15193724 26686178 2482914 241569 312549911 407757981 0 0 104049939 111715525 0 0 118761875 195994375 222811814 307709900 89738097 100048081 6612347991 7523425888 5991561214 6808925711 620786777 714500177 SEE SCHEDULE O false false 307709900 DIVIDENDS AND INTEREST PAID TO MEMBERS ON THEIR SHARE ACCOUNTS, MONEY MARKET ACCOUNTS, AND CERTIFICATE OF DEPOSIT ACCOUNTS. OFFICE EXPENSES AND DATA PROCESSING EXPENSES NECESSARY TO SUPPORT MEMBER ACCOUNT AND LOAN ACTIVITY BY PROVIDING MEMBERS ACCESS TO THEIR ACCOUNTS VIA HOME BANKING, ATM NETWORKS, AND IN PERSON AT THE CREDIT UNION OFFICES. EMPLOYEE LABOR AND BENEFIT COSTS INCURRED TO SUPPORT SAVINGS SERVICES, LOAN ORIGINATIONS, AND SERVICING THE LOAN PORTFOLIO FOR ITS MEMBERS 307709900 false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false false true 0 0 true 1713 true true true false false false false false false false false false false false false false false true false X 11 11 false false false false false true true true true false true true false true true true true true true true false false X ZELDA V ABRAM 8636162150 PO BOX 8008 LAKELAND FL 33802 SAMUEL S MOSELEY PRESIDENTCEO 50.00 0.00 X 1125630 0 0 STERLING GRUBBS CHIEF LENDING OFFICER 50.00 0.00 X 501474 0 0 ZELDA V ABRAM CFO 50.00 0.00 X 494604 0 0 CHRISTOPHER DAVID COO 50.00 0.00 X 470747 0 0 TIMOTHY S STALEY CHIEF COMMERCIAL LENDING 50.00 0.00 X 429491 0 0 MICHAEL H CHEESEMAN CAO 50.00 0.00 X 351232 0 0 ACIE FORRER SW FL MKT PRES 50.00 0.00 X 344894 0 0 HUGH DAILEY CEO SE TRUSTSPECIAL ASST MGR 50.00 0.00 X 341574 0 0 JILL H DAVIS CHIEF MARKETING OFFICER 50.00 0.00 X 337412 0 0 JAMES R HAGGINS CHIEF OF COLLECTIONS 50.00 0.00 X 330692 0 0 TIMOTHY LYSAK CHIEF INFO OFFICER 50.00 0.00 X 293267 0 0 VANESSA L HERNANDEZ CHIEF RETAIL DELIVERY 50.00 0.00 X 292656 0 0 JEFFREY BAKER N CENTRAL FL MKT PRESIDENT 50.00 0.00 X 224663 0 0 DONNA BROWN CHIEF AUDIT & COMPLIANCE 50.00 0.00 X 219860 0 0 DEBRA THOMAS ASST MGR COLLECTIONS 50.00 0.00 X 192038 0 0 ELSIE SELLERS INSIDE MTG LOAN ORIGINATOR 50.00 0.00 X 125061 0 0 CURTIS BEALS DEVELOPER II 50.00 0.00 X 118316 0 0 WENDY DIAZ BERRIOS INSIDE MTG LOAN ORIGINATOR 50.00 0.00 X 117536 0 0 NATHAN SLAGLE INSIDE MTG LOAN ORIGINATOR 50.00 0.00 X 109103 0 0 CHESTER A BROJEK VICE-CHAIRMAN 15.00 0.00 X 0 0 0 NICK SUDZINA TREASURER 15.00 0.00 X 0 0 0 KENNETH J HEUBUSCH DIRECTOR 15.00 0.00 X 0 0 0 DAN PIERCE SECRETARY 15.00 0.00 X 0 0 0 CAMILLE BLAKE SUPERVISORY COMM 15.00 0.00 X 0 0 0 SARITA GUILLORY SUPERVISORY COMM 0.00 15.00 X 0 0 0 GARY I RUHLE DIRECTOR 15.00 0.00 X 0 0 0 DONALD WILLIAMS SR DIRECTOR 15.00 0.00 X 0 0 0 DARRELL L JENSEN DIRECTOR 15.00 0.00 X 0 0 0 HARRY R WILLIAMS DIRECTOR 15.00 0.00 X 0 0 0 SHIRLEY PELLARCHY DIRECTOR 15.00 0.00 X 0 0 0 KATHRYN L ASHMORE SUPERVISORY COMM 15.00 0.00 X 0 0 0 CHRISTOPHER GEIGER CHAIRMAN 15.00 0.00 X 0 0 0 TERRENCE MCGRIFF CHAIRMAN SUP COMM 15.00 0.00 X 0 0 0 JOHN J UPPERCO DIRECTOR 15.00 0.00 X 0 0 0 CONNIE MILITO SUPERVISORY COMM 15.00 0.00 X 0 0 0 6420250 0 0 19 false true false INTEREST ON LOANS 900099 258514467 258514467 FEE INCOME 900099 47841605 47174109 667496 OTHER OPERATING INCOME 900099 74474162 74474162 380830234 28794612 28794612 28310778 893971 31313183 -3002405 893971 -2108434 -2108434 OTHER NON OP GAIN 900099 241569 241569 241569 407757981 407090485 667496 0 5758196 5758196 85635642 85635642 20321687 20321687 11071087 11071087 1913836 1913836 10355416 10355416 9807380 9807380 SEE ATTACHED SCHEDULE 162846656 162846656 307709900 307709900 0 0 119785006 39494277 73186171 643312288 57010573 61747128 5475144552 5856066197 52679576 52110220 325323432 93371725 214378515 231951707 420247181 353736749 98234018 199916417 186773304 6612347991 7523425888 49439021 61792837 1140278 320056 40000000 280000000 5900981915 6466812818 5991561214 6808925711 X 620786777 714500177 620786777 714500177 6612347991 7523425888 X 100048081 -6334681 X false true X true false 75291682 75291682 153356500 48275572 105080928 2264954 2264954 57535829 42831199 14704630 36874467 36874467 231951707 AFS SECURITIES 353736749 F 353736749 INVESTMENTS 98234018 98234018 OTHER ASSETS 54315302 LOANS HELD FOR SALE 18144873 ACCRUED INCOME 20869862 GOODWILL BAY GULF 93443267 186773304 MEMBER SHARE ACCOUNTS 6377232324 OTHER LIABILITIES 39223494 NON MEMBER DEPOSITS 50357000 6466812818 407757981 407757981 407757981 307709900 307709900 307709900 X X X X X SAMUEL S MOSELEY PRESIDENTCEO 856241 231779 37610 1125630 MICHAEL H CHEESEMAN CAO 265020 63158 23054 351232 JAMES R HAGGINS CHIEF OF COLLECTIONS 265020 62104 3568 330692 JEFFREY BAKER N CENTRAL FL MKT PRESIDENT 183750 37422 3491 224663 ZELDA V ABRAM CFO 400833 85226 8545 494604 JILL H DAVIS CHIEF MARKETING OFFICER 267544 62508 7360 337412 STERLING GRUBBS CHIEF LENDING OFFICER 405833 84520 11121 501474 TIMOTHY S STALEY CHIEF COMMERCIAL LENDING 308800 67466 53225 429491 CHRISTOPHER DAVID COO 375000 78717 17030 470747 VANESSA L HERNANDEZ CHIEF RETAIL DELIVERY 229491 51278 11887 292656 HUGH DAILEY CEO SE TRUSTSPECIAL ASST MGR 265000 63656 12918 341574 ACIE FORRER SW FL MKT PRES 269664 62639 12591 344894 TIMOTHY LYSAK CHIEF INFO OFFICER 239033 52388 1846 293267 DONNA BROWN CHIEF AUDIT & COMPLIANCE 40972 58338 120550 219860 DEBRA THOMAS ASST MGR COLLECTIONS 87863 87353 16822 192038 Member election for additional members Part VI line 7a ANNUAL ELECTIONS ARE HELD AND ALL MEMBERS IN GOOD STANDING ARE ENTITLED TO VOTE FOR THE SLATE OF VOLUNTEERS THAT HAVE BEEN PLACED ON BALLOTS Governing body decisions Part VI line 7b DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS AND THE BOARD OF DIRECTORS Form 990 governing body review Part VI line 11 ANNUAL TAX RETURNS ARE REVIEWED BY OFFICERS AND BOARD OF DIRECTORS Conflict of interest policy compliance Part VI line 12c THE ENFORCEMENT OF CONFLICTS OF INTEREST ARE CARRIED OUT BY THE ORGANIZATION. ANY CONFLICTS OF INTEREST RELATED TO OFFICERS AND DIRECTORS ARE REPORTED TO THE STATE AS PART OF ANNUAL REGULATORY AUDIT CEO executive director top management comp Part VI line 15a COMPENSATION FOR TOP OFFICIAL (CEO) IS COMPRISED OF BOTH A CREDIT UNION AND BANK PEER COMPARISON SURVEY. THE SURVEY IS PRESENTED TO THE BOARD OF DIRECTORS AND THE BOARD APPROVES THE SALARY OF THE CEO. THE CEO CONTRACT IS WRITTEN AND APPROVED BY THE BOARD OF DIRECTORS. Other officer or key employee compensation Part VI line 15b COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED USING CREDIT UNION AND BANK PEER COMPARISON SURVEY. THE INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS AND A SALARY RANGE OR INCREASES ARE APPROVED BY BOARD OF DIRECTORS. THE CEO THEN APPROVES ALL SALARY INCREASES BASED ON BOARD GUIDELINES Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS, BYLAWS AND COPIES OF TAX RETURNS ARE MADE AVAILABLE BY REQUEST ONLY. THESE DOCUMENTS ARE PROVIDED IN COPY FORMAT WITHIN REASONABLE TIME FRAMES Explanation of other changes in net assets or fund balances Part XI line 9 ADJUSTMENT FOR MARKET VAULE RELATED INVESTMENTS AND ACCUMULATED OTHER COMPREHENSIVE INCOME General explanation attachment FORM 990 PAGE 12 LINE 9 OTHER ADJUSTMENTS, MARK TO MARKET ADJUSTMENT FOR INVESTMENTS HELD FOR RESALE MIDFLORIDA TITLE LLC PO BOX 8008 LAKELAND FL 33803 510423632 TITLE FL N/A RELATED false true 0.55000 MIDFLORIDA INSURANCE SERVICES LLC PO BOX 8008 LAKELAND FL 33802 462807225 INSURANCE SALES FL N/A C Corp 1.00000