EIN 59-1009534

State Chartered Credit Unions in Florida Loyalty Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
118
State
Year formed
1962
Most recent tax filings
2023-12-01
Description
State Chartered Credit Unions in Florida Central Credit Union of Florida exceeds member expectations by providing financial assistance and services. The credit union foundation relies on income from membership and investments to operate, catering to a limited membership.
Related structure
State Chartered Credit Unions in Florida Loyalty Credit Union is child organization, under the parent exemption from State Charter Credit Unions in Florida Group Return.
Also known as...
Central Credit Union of Florida; State Chartered Credit Unions in Florida Central Credit Union of Florida; Loyalty Credit Union
Total revenues
$20,293,417
2023
Total expenses
$18,022,991
2023
Total assets
$300,751,390
2023
Num. employees
118
2023

Program areas at State Chartered Credit Unions in Florida Loyalty Credit Union

Income from the Credit Union membership and from the investment of members' funds provide the foundation from which the Credit Union can function and provide services to its restricted membership.

Personnel at State Chartered Credit Unions in Florida Loyalty Credit Union

NameTitleCompensation
Robert Park BroomePresident and Chief Executive Officer$154,375
Elizabeth OakesChief Operations Officer$137,625
Joshua JacksonChief Financial Officer$124,791
Kathy BoswellVice President and Chief Financial Officer$114,527
Gary Todd CunninghamChief of Staff$84,691
...and 3 more key personnel

Financials for State Chartered Credit Unions in Florida Loyalty Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$16,019,947
Investment income and dividends$4,684,381
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-410,911
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,293,417

Form 990s for State Chartered Credit Unions in Florida Loyalty Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-15990View PDF
2022-122023-10-20990View PDF
2021-122022-11-09990View PDF
2020-122021-09-16990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 25, 2023
Used new vendors
Identified 1 new vendor, including
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 17048
Pensacola, FL 32522
Metro area
Pensacola-Ferry Pass-Brent, FL
County
Escambia County, FL
Website URL
loyaltycu.org/ 
Phone
(850) 474-0970
IRS details
EIN
59-1009534
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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