Achieva Credit Union

Legal name: State Chartered Credit Unions in Florida

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

24 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To be a part of something GOOD.

Credit union financial services.

Revenue model: Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 9.7%; rating input score 72; 72nd percentile among comparable filings
Total-asset coverage ratio: 19.14; rating input score 97; 97th percentile among comparable filings
Liabilities to assets ratio: 0.93; rating input score 10; 10th percentile among comparable filings
Officer compensation ratio: 5.9%; rating input score 11; 11th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 7.8% per year; rating input score 100; 65th percentile among comparable filings
Asset growth: 9.2% per year; rating input score 100; 66th percentile among comparable filings

What they do: 1 programs and campaigns described on the official site · 15 operating locations identified
Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $3.6M · 24 people listed · 5 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $8.9M reported
Consistency: 14 of 14 current checks pass
Schedules: 6 filed schedules · includes grants and executive pay
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 20 filed money-flow records
Related organizations: 4 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: Form 990 shared with the board not reported.
High — Sustainability: Liabilities to assets ratio scored 10/100.
High — Sustainability: Officer compensation ratio scored 11/100.