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Partnership Financial Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366070077 ✦ Morton grove, IL ✦ Designated as a 501(c)(14)

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Overview

What is Partnership Financial Credit Union?

Partnership Financial Credit Union is a state-chartered credit union, headquartered in Morton Grove, Illinois, specifically at 5940 Lincoln Avenue. This financial institution serves over 15,000 members, managing a total of 28,803 deposit and loan accounts for its members. As a credit union, its mission is to provide financial services, catering to the financial needs of its members. The credit union boasts a team of 73 dedicated employees, ensuring smooth operations and member satisfaction.


Official website here: www.mypfcu.org

What do the Facebook reviews say about Partnership Financial Credit Union?

94% of the 13 reviewers on Facebook recommend Partnership Financial Credit Union. Here is a summary of their reviews:

While the majority indicate satisfaction with the services offered, there is a notable dissenting opinion suggesting that customers may find better experiences at traditional banks. The positive reviews highlight customer support and the value of credit union services, showcasing a general trust in the organization.

Overall, the sentiment leans towards approval, with most users appreciating the financial services rendered, although some caution about potential alternatives.


This AI summary has been generated from reviews found on Facebook.

Is Partnership Financial Credit Union legitimate?

Partnership Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Partnership Financial Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $904,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,420,753

For more financial information, click here


Official website here: www.mypfcu.org

What is the mission statement of Partnership Financial Credit Union?

Partnership Financial Credit Union, serving over 15,000 members, is a state-chartered institution with a mission to provide financial services. The credit union maintains a substantial number of deposit and loan accounts for its members, totaling 28,803. While the exact details of their mission statement are not explicitly stated, it can be inferred that their goal is to offer reliable financial services to their member base. They likely aim to foster financial growth, stability, and well-being within their community. However, without further information, the specifics of their mission, such as their commitment to community development, financial education, or member-focused initiatives, remain unclear.


Official website here: www.mypfcu.org

Who is the CEO of Partnership Financial Credit Union?

Mary Ann Pusateri is the CEO of Partnership Financial Credit Union The CEO's salary of Partnership Financial Credit Union is $501,423 and their total compensation is $527,091.


Official website here: www.mypfcu.org

What is the revenue of Partnership Financial Credit Union?

Partnership Financial Credit Union's revenue in 2023 was $15,782,269.


Official website here: www.mypfcu.org

Who are the executives of Partnership Financial Credit Union and what are their salaries?

The average compensation at Partnership Financial Credit Union during 2023 was $55,422. There are 60 employees and 13 volunteers at Partnership Financial Credit Union.

Here are 15 key members and their salaries (Partnership Financial Credit Union's CEO's salary is $501,423 and their total compensation is $527,091):


Steven Underwood (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Calloway (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Porter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Flader (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Ackman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Bultinck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine France (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Mccormack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Vilches (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Pusateri (Chief Executive Officer)
  • Compensation: $501,423
  • Related: $0
  • Other: $25,668
Theresa Guerriero (Chief Lending Officer)
  • Compensation: $188,433
  • Related: $0
  • Other: $15,430
Marisa Conforti (Chief Operations & Strategy Officer)
  • Compensation: $160,530
  • Related: $0
  • Other: $13,058


Official website here: www.mypfcu.org

Where can I find the form 990 for Partnership Financial Credit Union?

Partnership Financial Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mypfcu.org

Learn more at the official website: www.mypfcu.org

Mission Statement of Partnership Financial Credit Union

Partnership Financial Credit Union, serving over 15,000 members, operates as a state-chartered credit union. Its primary mission is to provide financial services to its members, ensuring the maintenance of deposit accounts and extending loans when necessary. The credit union's role is crucial in managing its members' financial well-being, offering them various financial tools to manage their finances effectively. By doing so, Partnership Financial Credit Union contributes to the financial stability of its members, enabling them to meet their financial obligations and achieve their financial goals.

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Impact




October, 2024

Partnership Financial Credit Union has a significant impact on its community by providing essential financial services to over 15,000 members. With a focus on fostering financial well-being, it maintains 28,803 deposit and loan accounts, facilitating access to banking resources that empower individuals and families in Morton Grove, IL, and surrounding areas. By providing a supportive financial environment, the credit union enhances the economic stability of its members, contributing to overall community growth and resilience.




This information is meant to be a general summary of Partnership Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$15,782,269 (2023)
Expenses
$14,143,185 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,614,397
  • Program Service Revenue: $7,617,488
  • Gross Receipts: $15,782,269

Assets and Liabilities:

  • Total Assets: $365,107,745
  • Total Liabilities: $334,071,765
  • Net Assets: $31,035,980

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$6,571,904

FEE INCOME

Revenue

$1,045,584

Organization Details

Founding Year

1958

Principal Officer

Mary Ann Pusateri

NTEE Category

Code: W61 - Public benefit

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