Nonprofit · EIN 59-1022425
STATE CHARTERED CREDIT UNIONS IN FLORIDA
Also known as ADVENTHEALTH CREDIT UNION
Tax-exempt · ALTAMONTE SPG, FL 32714
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,997,409 | $6,686,218 | $1,311,191 | $121,930,527 | $112,113,182 | $9,817,345 |
| December 31, 2024 | 990 | $6,745,787 | $5,980,703 | $765,084 | $110,321,533 | $102,468,914 | $7,852,619 |
| December 31, 2023 | 990 | $5,561,437 | $4,568,849 | $992,588 | $101,105,440 | $94,142,938 | $6,962,502 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $300,000
- of which government grants
- $300,000
- Program service revenue
- $6,862,459
- Investment income
- $834,950
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $34,063
- Compensation of officers, directors and key employees
- $385,273
- Other salaries and wages
- $1,769,670
- Salaries, compensation and benefits (total)
- $2,425,154
- Professional fundraising fees
- $0
- Legal fees
- $11,822
- Accounting fees
- $100,752
- Occupancy
- $167,701
- Travel
- $1,724
- Depreciation
- $75,262
Balance sheet and other
- Total assets, start of year
- $110,321,533
- Total assets, end of year
- $121,930,527
- Total liabilities, end of year
- $112,113,182
- Net assets, end of year
- $9,817,345
- Land, buildings and equipment
- $559,164
- Publicly traded securities
- $12,718,248
- Gross unrelated business income
- $31,251
- Gross receipts
- $7,997,409
- Employees
- 32
- Volunteers
- 13
- Year formed
- 1955
- 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 |
|---|---|---|---|---|
| JOHN ADAM NEUSAENGER | PRESIDENT/CEO Officer | 40 | $208,174 | $40,992 |
| SHUSHILYA MOHAMMED | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $127,402 | $25,770 |
| VERONICA GURMENDI | CONTROLLER Officer | 40 | $110,448 | $25,659 |
| PATRICK DEEGAN | CHAIR Trustee or director | 1 | $0 | $0 |
| KATHY REEP | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| CECIL LOWRY | TREASURER Trustee or director | 1 | $0 | $0 |
| GREGORY EDRIS | SECRETARY Trustee or director | 1 | $0 | $0 |
| WILLIAM COCHRAN | BOARD MEMEBER Trustee or director | 1 | $0 | $0 |
| SHERYL MOORHEAD | BOARD MEMEBER Trustee or director | 1 | $0 | $0 |
| KRISTIN ULANOFF | BOARD MEMEBER Trustee or director | 1 | $0 | $0 |
| ABEL BIRI | BOARD MEMEBER Trustee or director | 1 | $0 | $0 |
| TIMOTHY COOK | BOARD MEMEBER Trustee or director | 1 | $0 | $0 |
| DANIEL MYERS | SUPERVISORY COMMITTEE CHAI Trustee or director | 1 | $0 | $0 |
| ARMANDO TAGALOG | SUPERVISORY COMMITTEE MEMB Trustee or director | 1 | $0 | $0 |
| KELLEY MORING | SUPERVISORY COMMITTEE MEMB Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT LEE | SUPERVISORY COMMITTEE MEMB Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN ADAM NEUSAENGER | PRESIDENT/CHIEF EXECUTIVE Officer | 40 | $182,865 | $38,183 |
| SHUSHILYA MOHAMMED | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $113,537 | $23,669 |
| VERONICA GURMENDI | CONTROLLER Officer | 40 | $104,798 | $21,034 |
| PATRICK DEEGAN | CHAIR Trustee or director | 1 | $0 | $0 |
| KATHY REEP | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| CECIL LOWRY | TREASURER Trustee or director | 1 | $0 | $0 |
| GREGORY EDRIS | SECRETARY Trustee or director | 1 | $0 | $0 |
| WILLIAM COCHRAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERYL MOORHEAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIN ULANOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ABEL BIRI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL MYERS | SUPERVISORY COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| ARMANDO TAGALOG | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
| KELLEY MORING | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
| ALBERT LEE | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN ADAM NEUSAENGER | PRESIDENT/CHIEF EXECUTIVE Officer | 40 | $176,567 | $25,883 |
| SHUSHILYA MOHAMMED | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $111,882 | $16,958 |
| VERONICA GURMENDI | CONTROLLER Officer | 40 | $103,861 | $17,582 |
| PATRICK DEEGAN | CHAIR Trustee or director | 1 | $0 | $0 |
| KATHY REEP | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| GREGORY EDRIS | SECRETARY Trustee or director | 1 | $0 | $0 |
| CECIL LOWRY | TREASURER Trustee or director | 1 | $0 | $0 |
| TIM COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM COCHRAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ABEL BIRI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIN ULANOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERYL MOORHEAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL MYERS | SUPERVISORY COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| ALBERT LEE | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
| KELLEY MORING | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
| ARMANDO TAGALOG | SUPERVISORY COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 351 S STATE ROAD 434 STE 1009, ALTAMONTE SPG, FL 32714-3884
- In care of
- % JOHN W MARTIN PRESIDENT
- Principal officer (990 for 2025)
- ADAM NEUSAENGER, 351 S STATE ROAD 434 1009, ALTAMONTE SPRINGS, FL 32714
- Signed the 990
- ADAM NEUSAENGER, PRESIDENT/CEO
- Phone
- (407) 303-1527
- Website
- WWW.AHCU.CC
- Return prepared by
- DOEREN MAYHEW
Mission
OUR MISSION IS TO EMPOWER MEMBERS TO ACHIEVE THEIR FINANCIAL GOALS.
Program accomplishments
- SHARES - THE CREDIT UNION SERVICED 23,873 DEPOSIT ACCOUNTS WITH AN AGGREGATE BALANCE OF OVER $107 MILLION AS OF DECEMBER 31, 2025.
- LOANS - THE CREDIT UNION HAS OVER 5,200 LOANS OUTSTANDING THAT HAVE AN AGGREGATE BALANCE OF APPROXIMATELY $94 MILLION AS OF DECEMBER 31, 2025.
- FINANCIAL SERVICES - THE CREDIT UNION OFFERS A VARIETY OF FINANCIAL SERVICES FOR ITS MEMBERS.
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
- 59-1022425
- 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)
- $121,930,527
- Income (IRS master file)
- $7,997,409
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,997,409 | $6,686,218 | $121,930,527 | XML |
| 990 | December 2024 | $6,745,787 | $5,980,703 | $110,321,533 | XML |
| 990 | December 2023 | $5,561,437 | $4,568,849 | $101,105,440 | XML |
| 990 | December 2022 | $4,316,141 | $3,455,718 | $95,116,557 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 59-1022425).
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 59-1022425.
- 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 ADAM NEUSAENGER.
- Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The 990 for the year ended December 31, 2025 lists 16 people; 3 received compensation from the organization, the highest $208,174 (JOHN ADAM NEUSAENGER, 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 $7,997,409, expenses of $6,686,218 and total assets of $121,930,527 at year end.
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