Nonprofit · EIN 59-0806310
STATE CHARTERED CREDIT UNIONS IN FLORIDA
Also known as CHAMPIONS FIRST CREDIT UNION
Tax-exempt · TALLAHASSEE, FL 32318
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $32,090,296 | $27,448,757 | $4,641,539 | $519,379,222 | $466,193,758 | $53,185,464 |
| December 31, 2024 | 990 | $29,049,147 | $25,999,320 | $3,049,827 | $497,356,628 | $449,251,200 | $48,105,428 |
| December 31, 2023 | 990 | $25,366,507 | $21,974,883 | $3,391,624 | $466,904,354 | $422,177,329 | $44,727,025 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $781,200
- of which government grants
- $781,200
- Program service revenue
- $28,305,124
- Investment income
- $2,106,026
- Net gain from sales of assets
- -$80,301
- Other revenue
- $897,946
Expenses
- Grants and similar amounts paid
- $66,831
- Compensation of officers, directors and key employees
- $1,281,623
- Other salaries and wages
- $5,143,134
- Salaries, compensation and benefits (total)
- $8,622,318
- Professional fundraising fees
- $0
- Legal fees
- $146,888
- Accounting fees
- $126,151
- Occupancy
- $465,542
- Travel
- $104,276
- Depreciation
- $499,231
Balance sheet and other
- Total assets, start of year
- $497,356,628
- Total assets, end of year
- $519,379,222
- Total liabilities, end of year
- $466,193,758
- Net assets, end of year
- $53,185,464
- Land, buildings and equipment
- $20,411,500
- Gross unrelated business income
- $231,592
- Gross receipts
- $32,783,392
- Employees
- 132
- Volunteers
- 14
- Year formed
- 1954
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES ADCOCK III | PRESIDENT/CEO Officer | 39 | $539,478 | $63,538 |
| JENNIFER DURDEN | EVP/CFO Officer | 40 | $315,233 | $63,841 |
| L GRANT ABBOTT | VP OF LENDING AND BUSINESS Officer | 32 | $240,853 | $58,679 |
| DIAMOND POPOUR | MANAGER, BUS DEV Highest-paid employee | 40 | $153,630 | $38,332 |
| JESSIE WATSON | AVP OF MARKETING AND MEMBE Highest-paid employee | 40 | $114,945 | $52,878 |
| CLAYTON SMITH | SPECIALIZED LENDING DIRECT Highest-paid employee | 25 | $156,565 | $9,867 |
| KINSLEY GRANT | AVP FINANCE Highest-paid employee | 39 | $122,613 | $22,381 |
| RUSSELL LEVASSEUR | IT DIRECTOR Highest-paid employee | 40 | $137,271 | $6,838 |
| SHENIFA TAITE | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| HUGH FONES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JUANITA MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PHAEDRA HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOEL MOYE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| J RANDY MCCAUSLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID WHITE | TREASURER Trustee or director, Officer | 0.75 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE SAGASER | VICE-CHAIR Trustee or director, Officer | 0.75 | $0 |
| G STACY SIRMANS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES ADCOCK III | PRESIDENT/CEO Officer | 39 | $542,682 | $60,034 |
| JENNIFER DURDEN | EVP/CFO Officer | 40 | $305,000 | $60,768 |
| L GRANT ABBOTT | VP OF LENDING AND BUSINESS DEVELOPMENT Officer | 32 | $236,281 | $55,675 |
| MICHAEL POUCHER | VP OF OPERATIONS TO 11/1/2024 Officer | 40 | $149,118 | $40,394 |
| CLAYTON SMITH | SPECIALIZED LENDING DIRECT Highest-paid employee | 25 | $166,350 | $6,147 |
| JESSIE WATSON | AVP OF MARKETING AND MEMBE Highest-paid employee | 40 | $117,366 | $48,655 |
| DIAMOND POPOUR | MANAGER, BUS DEV Highest-paid employee | 40 | $125,500 | $33,468 |
| RUSSELL LEVASSEUR | IT DIRECTOR Highest-paid employee | 40 | $135,444 | $5,264 |
| KINSLEY GRANT | AVP FINANCE Highest-paid employee | 39 | $116,061 | $20,599 |
| JUANITA MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANCIS J FLYNN | DIRECTOR THROUGH 4/2024 Trustee or director | 0.5 | $0 | $0 |
| J RANDY MCCAUSLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PHAEDRA HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOEL MOYE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| HUGH FONES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID WHITE | TREASURER Trustee or director, Officer | 0.75 | $0 | $0 |
| DAVE SAGASER | VICE-CHAIR Trustee or director, Officer | 0.75 | $0 | $0 |
| SHENIFA TAITE | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| G STACY SIRMANS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES ADCOCK III | PRESIDENT/CEO Officer | 39 | $513,032 | $56,560 |
| JENNIFER DURDEN | EVP/CFO Officer | 40 | $288,146 | $56,063 |
| L GRANT ABBOTT | VP OF LENDING AND ADMINIST Officer | 35 | $224,597 | $51,866 |
| JESSIE WATSON | AVP OF MARKETING AND MEMBE Highest-paid employee | 40 | $113,151 | $45,647 |
| DIAMOND POPOUR | MANAGER, BUS DEV Highest-paid employee | 40 | $117,681 | $31,273 |
| MICHAEL POUCHER | VP OF OPERATIONS Officer | 40 | $115,315 | $26,579 |
| CLAYTON SMITH | SPECIALIZED LENDING DIRECTOR Highest-paid employee | 25 | $124,030 | $951 |
| ALISHA BLONDEL | COLLECTIONS DIRECTOR Highest-paid employee | 40 | $103,123 | $19,064 |
| RUSSELL LEVASSEUR | IT DIRECTOR Highest-paid employee | 40 | $111,488 | $1,692 |
| JUANITA MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOEL MOYE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PHAEDRA HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHENIFA TAITE | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| J RANDY MCCAUSLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| HUGH FONES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVE OERTING | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRANDON BOWDEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANCIS J FLYNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID WHITE | TREASURER Trustee or director, Officer | 0.75 | $0 | $0 |
| DAVE SAGASER | VICE-CHAIR Trustee or director, Officer | 0.75 | $0 | $0 |
| G STACY SIRMANS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 182499, TALLAHASSEE, FL 32318-2499
- In care of
- % J BRADLEY BLAKE PRES CEO
- Principal officer (990 for 2025)
- JENNIFER DURDEN, 2520 N MONROE ST, TALLAHASSEE, FL 32303
- Signed the 990
- JENNIFER DURDEN, CFO
- Phone
- (850) 224-4960
- Website
- WWW.CHAMPIONSFIRST.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
THE MISSION OF CHAMPIONS FIRST CREDIT UNION IS TO PROMOTE THRIFT, CREATE A SOURCE OF CREDIT AT LEGITIMATE RATES OF INTEREST, AND MAXIMIZE THE FINANCIAL WELL-BEING OF ITS MEMBERS. CHAMPIONS FIRST CREDIT UNION SERVES MORE THAN 32,000 MEMBERS WITH TEN BRANCHES THROUGHOUT TALLAHASSEE AND THE SURROUNDING AREA AS OF 12/31/25. THE CREDIT UNION PROVIDES SECURE ONLINE BANKING, A CONVENIENT MOBILE APP AND A COMPLETE SUITE OF ACCOUNT TYPES, LOANS, AND SERVICES TO MEET EVERY FINANCIAL NEED.
Program accomplishments
- CONSUMER LOANS - LOANS ARE OFFERED AT FAIR INTEREST RATES THAT ALLOW OUR MEMBERS TO SAVE MONEY ON THEIR LOAN PAYMENTS AND USE THOSE FUNDS ELSEWHERE IN THEIR BUDGETS. THRIFT IS ENCOURAGED WHEN THE MEMBER IS DECIDING WHAT TYPE OF PAYMENT IS AFFORDABLE.
- DEPOSIT ACCOUNTS - COMPETITIVE DIVIDEND RATES ARE PAID EVEN TO MEMBERS OF MODEST MEANS. THIS HELPS MEMBERS TO BETTER THEIR ECONOMIC POSITIONS AND SAVE FOR THE FUTURE.
- ELECTRONIC SERVICES - THE CREDIT UNION OFFERS MANY WAYS TO MAKE CONDUCTING FINANCIAL TRANSACTIONS EASY. THESE OPTIONS AFFECT EVERYONE, FROM THE PERSON STILL USING THE PHONE SYSTEM TO TRANSFER MONEY TO THE HI-TECH MEMBER WHO DOES ALL OF THEIR BANKING CONVENIENTLY ON THEIR SMART PHONE. OUR MEMBERS BENEFIT FROM ONLINE BANKING, BILLPAY, ATMS, PHONE SYSTEM, ACCOUNT AGGREGATION SOFTWARE, E-STATEMENTS, E-LERTS, ETC.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0806310
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2106: STATE CHARTER CREDIT UNIONS IN FLORIDA GROUP RETURN
- Assets (IRS master file)
- $519,379,222
- Income (IRS master file)
- $32,783,392
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $32,090,296 | $27,448,757 | $519,379,222 | XML |
| 990 | December 2024 | $29,049,147 | $25,999,320 | $497,356,628 | XML |
| 990 | December 2023 | $25,366,507 | $21,974,883 | $466,904,354 | XML |
| 990 | December 2022 | $22,425,859 | $17,147,552 | $440,836,260 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0806310).
Questions about STATE CHARTERED CREDIT UNIONS IN FLORIDA
- What is the EIN of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The employer identification number (EIN) of STATE CHARTERED CREDIT UNIONS IN FLORIDA is 59-0806310.
- Is STATE CHARTERED CREDIT UNIONS IN FLORIDA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1970.
- Are donations to STATE CHARTERED CREDIT UNIONS IN FLORIDA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STATE CHARTERED CREDIT UNIONS IN FLORIDA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STATE CHARTERED CREDIT UNIONS IN FLORIDA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STATE CHARTERED CREDIT UNIONS IN FLORIDA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The 990 for the year ended December 31, 2025 names JENNIFER DURDEN.
- Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The 990 for the year ended December 31, 2025 lists 17 people; 8 received compensation from the organization, the highest $539,478 (CHARLES ADCOCK III, PRESIDENT/CEO).
- How much revenue does STATE CHARTERED CREDIT UNIONS IN FLORIDA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $32,090,296, expenses of $27,448,757 and total assets of $519,379,222 at year end.
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