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Nonprofit · EIN 59-1206460

STATE CHARTERED CREDIT UNIONS IN FLORIDA

Also known as 238 OCALA COMMUNITY CREDIT UNION

Tax-exempt · OCALA, FL 34471

Financials

$2M$1.6M2023$2M$2.1M2024$2.1M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of STATE CHARTERED CREDIT UNIONS IN FLORIDA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,094,186$1,791,996$302,190$47,677,893$42,826,233$4,851,660
December 31, 2024990$2,044,948$2,124,745-$79,797$49,132,255$44,582,839$4,549,416
December 31, 2023990$1,977,669$1,580,982$396,687$49,685,727$45,056,514$4,629,213
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,227,559
Investment income
$866,627
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$114,687
Other salaries and wages
$371,245
Salaries, compensation and benefits (total)
$699,683
Professional fundraising fees
$0
Accounting fees
$146,149
Occupancy
$53,052
Travel
$12,829
Depreciation
$41,186
Program services (functional)
$1,791,996

Balance sheet and other

Total assets, start of year
$49,132,255
Total assets, end of year
$47,677,893
Total liabilities, end of year
$42,826,233
Net assets, end of year
$4,851,660
Land, buildings and equipment
$1,157,375
Publicly traded securities
$5,049,039
Gross unrelated business income
$7,811
Gross receipts
$2,094,186
Employees
9
Volunteers
8
Year formed
1953
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.

NameTitleHours / weekCompensation
STEVEN NAZARUKCEO OR MANAGER
Officer
40$114,687
LYNN COLEBOARD MEMBER
Trustee or director
2$0
JAMES POOLEBOARD CHAIRPERSON
Trustee or director
2$0
JOSEPH SWITTBOARD VICE CHAIRPERSON
Trustee or director
2$0
CHRIS THOMASBOARD MEMBER
Trustee or director
2$0
JACKIE GUTIERREZBOARD SECRETARY BOARD TREASURER
Trustee or director
2$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
STEVEN NAZARUKCEO OR MANAGER
Officer
40$106,601
LYNN COLEBOARD CHAIRPERSON
Trustee or director
2$0
JAMES POOLEBOARD SECRETARY BOARD TREASURER
Trustee or director
2$0
JOSEPH SWITTBOARD SECRETARY and TREASURER
Trustee or director
2$0
CHRIS THOMASBOARD MEMBER
Trustee or director
2$0
JACKIE GUTIERREZBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
STEVEN NAZARUKCEO OR MANAGER
Officer
40$103,041
LYN COLEBOARD VICE CHAIRPERSON BOARD SECRETARY
Trustee or director
2$0
JAMES POOLEBOARD SECRETARY BOARD TREASURER
Trustee or director
2$0
JOSEPH SWITTBOARD MEMBER
Trustee or director
2$0
CHRIS THOMASBOARD CHAIRPERSON
Trustee or director
2$0
JACKIE GUTIERREZBOARD MEMBER
Trustee or director
2$0
MICHAEL ALSUPSUPERVISORY COMMITTEE CHAIRPERSON
Trustee or director
2$0
NANCY MEAGHERSUPERVISORY COMMITTEE MEMBER
Trustee or director
2$0
CYNTHIA BARNESSUPERVISORY COMMITTEE MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2675 SE 36TH AVE, OCALA, FL 34471-6241
In care of
% STEVEN NAZARUK
Principal officer (990 for 2025)
STEVEN NAZARUK, 2675 SE 36TH AVE, OCALA, FL 344716241
Signed the 990
STEVEN NAZARUK, CEO
Phone
(352) 509-3200
Return prepared by
Ewart & Associates LLC

Mission

PROVIDING CREDIT UNION SERVICES EXCLUSIVELY TO MEMBERS FEATURING COMPETITIVE RATES ON LOANS & INVESTMENTS AND OTHER SERVICES

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDING CREDIT UNION SERVICES
    Expenses $1,791,996 · revenue $2,086,375

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1206460
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
Assets (IRS master file)
$47,677,893
Income (IRS master file)
$2,094,186

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,094,186$1,791,996$47,677,893IRS
990December 2024$2,044,948$2,124,745$49,132,255IRS
990December 2023$1,977,669$1,580,982$49,685,727XML
990December 2022$1,483,144$1,387,643$49,310,584IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 59-1206460).

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 59-1206460.
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 STEVEN NAZARUK.
Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $114,687 (STEVEN NAZARUK, CEO OR MANAGER).
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 $2,094,186, expenses of $1,791,996 and total assets of $47,677,893 at year end.

Other nonprofits in OCALA

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