2025-11-17T18:14:24-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 030603264 CU SAVERS INC CUSA 8134146575 711 E HENDERSON AVE TAMPA FL 33602 BRAD BAKER TREASURER 8134146575 2025-11-17 0 AUBREY CLEGG P01076395 3052328272 2025-11-17 2024 2025-03-06 01:10:19Z BRIAN BEST 711 E HENDERSON AVE TAMPA FL 33602 193235 0 X WWW.CUSAVERS.ORG X 2006 FL CU SAVERS IS A NON-PROFIT ORGANIZATION DEDICATED TO EDUCATING MEMBERS OF THE COMMUNITY ON ALL THINGS FINANCIAL. WHETHER YOU ARE MANAGING DAY-TO-DAY EXPENSES LIKE SAVING, SPENDING, AND BUDGETING OR PLANNING FOR THE FUTURE AND RETIREMENT BY INVESTING, BECOMING A MEMBER IS VALUABLE. 2 2 0 0 0 0 220080 192930 0 0 169 305 0 0 220249 193235 0 0 0 0 34453 32216 0 0 0 56757 54187 91210 86403 129039 106832 612680 719512 0 0 612680 719512 X CU SAVERS IS A NON-PROFIT ORGANIZATION DEDICATED TO EDUCATING MEMBERS OF THE COMMUNITY ON ALL THINGS FINANCIAL. WHETHER YOU ARE MANAGING DAY-TO-DAY EXPENSES LIKE SAVING, SPENDING, AND BUDGETING OR PLANNING FOR THE FUTURE AND RETIREMENT BY INVESTING, BECOMING A MEMBER IS VALUABLE. 0 0 65661 FURNISHING UNBIASED, PERSONAL FINANCIAL INFORMATION TO MEMBERS IN THE FORM OF A QUARTERLY NEWSLETTER, PROMOTING THE EDUCATION AND BENEFITS OF SAVINGS, INVESTMENTS, AND RETIREMENT PLANNING. 65661 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X ROLFE THOMPSON 8134146575 711 E HENDERSON AVE TAMPA FL 33602 BRIAN BEST PRESIDENT 1.00 X X 0 0 0 BRAD BAKER CFO 1.00 X X 0 0 0 HOLLY MARKHAM DIRECTOR 7.00 X 32216 0 0 32216 0 0 0 0 0 0 0 192930 192930 305 305 193235 0 0 305 32216 32216 EDUCATION AND PUBLICATI 33445 33445 OTHER OPERATING 20500 20500 COMMUNICATIONS 180 180 DUES 62 62 86403 65661 20742 0 1050 1050 202385 202689 389448 495101 19797 20672 612680 719512 0 0 X 0 0 0 0 612680 719512 612680 719512 612680 719512 106832 0 X X 0 1 X 1 0 X 151195 148090 220800 220080 192930 933095 151195 148090 220800 220080 192930 933095 0 0 0 933095 127 101 102 169 305 804 127 101 102 169 305 804 151322 148191 220902 220249 193235 933899 0.99910 0.99920 0.00090 0.00080 X 0 X PART X, LINE 2: THE FINANCIAL CONDITION AND ACTIVITIES OF CU SAVERS, INC. WAS INCLUDED IN ITS SPONSOR'S (GTE FEDERAL CREDIT UNION) CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2024. THE NOTE WHICH ADDRESSED UNCERTAIN TAX POSITIONS OF THE CONSOLIDATED ENTITY AS OF DECEMBER 31, 2024 IS AS FOLLOWS: INCOME TAXES: THE CREDIT UNION IS EXEMPT, BY THE INTERNAL REVENUE CODE SECTION 501(C)(1)(A)(I), FROM FEDERAL AND STATE INCOME TAXES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FOR A ONE-TIME FEE OF $10, MEMBERS GAIN ACCESS TO FINANCIAL EDUCATIONAL RESOURCES INCLUDING PUBLICATIONS, PODCASTS, CALCULATORS AND LIVE FINANCIAL COUNSELING. ADDITIONALLY, THE $10 MEMBERSHIP FEE ENTITLES CUSAVERS MEMBERS TO BECOME MEMBERS OF GTE FEDERAL CREDIT UNION (SPONSOR OF CU SAVERS, INC.) AND TAKE ADVANTAGE OF ITS FINANCIAL PRODUCTS AND SERVICES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF CU SAVERS, INC. ARE ENTITLED TO MEMBERSHIP AT GTE FEDERAL CREDIT UNION, SPONSOR OF CU SAVERS, INC. MEMBERS OF GTE FEDERAL CREDIT UNION HAVE THE RIGHT TO APPROVE THE ELECTION AND REMOVAL OF MEMBERS OF GTE FEDERAL CREDIT UNION'S BOARD. THE MEMBERS OF GTE FEDERAL CREDIT UNION'S BOARD OF DIRECTORS HAVE DELEGATED OVERSIGHT OF CU SAVERS, INC. TO THE PRESIDENT AND CFO OF GTE FEDERAL CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B A THIRD PARTY CPA FIRM IS RETAINED TO PREPARE FORM 990 FOR CU SAVERS, INC. A COMPLETED DRAFT FORM IS REVIEWED BY MEMBERS OF THE MANAGEMENT TEAM AT GTE FEDERAL CREDIT UNION INCLUDING EITHER BRAD BAKER OR BRIAN BEST. ANY NECESSARY REVISIONS ARE MADE AND THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CU SAVERS, INC. DOES NOT HAVE EMPLOYEES. RATHER, THE SPONSOR, GTE FEDERAL CREDIT UNION, SHARES ITS EMPLOYEES TO CARRY OUT THE OBJECTIVES OF CU SAVERS' EXEMPT FUNCTION UNDER A COST REIMBURSEMENT AND SERVICE ALLOCATION AGREEMENT. THE EMPLOYEES OF GTE FEDERAL CREDIT UNION SIGN A CONFLICT OF INTEREST AGREEMENT UPON BEING HIRED AND ARE ASKED ON AN ANNUAL BASIS TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST REGARDING THE ORAGNIZATION AS A WHOLE, WHICH INCLUDES CU SAVERS, INC. FORM 990, PART VI, SECTION B, LINE 15 CU SAVERS, INC. AND SPONSOR GTE FEDERAL CREDIT UNION HAVE ENTERED INTO A COST REIMBURSEMENT AND SERVICE ALLOCATION AGREEMENT ADDRESSING THE SHARING OF CERTAIN EXPENSES INCLUDING BUT NOT LIMITED TO SALARIES AND BENEFITS OF EMPLOYEES, BOOKKEEPING, ACCOUNTING, AND MARKETING. UNDER THIS AGREEMENT CU SAVERS REIMBURSES GTE FEDERAL CREDIT UNION FOR USE OF ITS EMPLOYEES BASED ON TIME SPENT AND AN AGREED UPON RATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCIAL CONDITION AND ACTIVITIES FOR CU SAVERS, INC. IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF ITS SPONSOR, GTE FEDERAL CREDIT UNION. THE SPONSOR'S SUPERVISORY COMMITTEE IS CHARGED WITH OVERSIGHT WHICH INCLUDES THE HIRING OF AN INDEPENDENT FIRM TO PERFORM THE ANNUAL OPINION AUDIT. THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. GTE FEDERAL CREDIT UNION 711 E HENDERSON AVENUE TAMPA FL 33602 590642956 CREDIT UNION/SPONSORING ORGANIZATION FL 501(C)(1) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 GTE FEDERAL CREDIT UNION O 32216 GTE FEDERAL CREDIT UNION P 20500