Overview
What is Pfcu?
Based on the provided information, Pfcu is a credit union with a commitment to serving its communities. As of December 31, 2022, they catered to 54,443 members, offering various financial services such as regular shares, club accounts, share drafts, certificates of deposit, money markets, and individual retirement accounts. The credit union expanded its assets from $778.8 million in 2021 to $790.3 million by the end of 2022. Pfcu is dedicated to exceeding their members' lifelong financial goals and aims to be their primary financial institution. With a team of 226 employees, they are focused on hometown service, ensuring that each member is taken care of individually.
Official website here: www.pfcu4me.com
Is Pfcu legitimate?
Pfcu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pfcu 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: $623,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,051,836
For more financial information, click here
Official website here: www.pfcu4me.com
What is the mission statement of Pfcu?
Pfcu is dedicated to serving the communities it is a part of by offering products and services aimed at helping members achieve their long-term financial goals. The credit union prioritizes its members, striving to be their primary financial institution. Committed to personalized service, Pfcu's team is focused on serving one member at a time, anytime. As of December 31, 2022, the credit union had 54,443 members and had grown from a $778.8 million credit union in 2021 to a $790.3 million credit union at the end of the year.
Official website here: www.pfcu4me.com
Who is the CEO of Pfcu?
Harvey Hoskins is the CEO of Pfcu The CEO's salary of Pfcu is $127,237 and their total compensation is $148,481.
Official website here: www.pfcu4me.com
What is the revenue of Pfcu?
Pfcu's revenue in 2023 was $42,104,836.
Official website here: www.pfcu4me.com
Who are the executives of Pfcu and what are their salaries?
The average compensation at Pfcu during 2023 was $45,427. There are 235 employees and 8 volunteers at Pfcu.
Here are 16 key members and their salaries (Pfcu's CEO's salary is $127,237 and their total compensation is $148,481):
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- Compensation: $280,501
- Related: $0
- Other: $20,140
- Compensation: $297,003
- Related: $0
- Other: $25,904
- Compensation: $134,395
- Related: $0
- Other: $29,047
- Compensation: $147,498
- Related: $0
- Other: $29,431
- Compensation: $133,544
- Related: $0
- Other: $33,465
- Compensation: $202,974
- Related: $0
- Other: $40,478
- Compensation: $138,081
- Related: $0
- Other: $33,986
- Compensation: $127,237
- Related: $0
- Other: $21,244
Official website here: www.pfcu4me.com
Where can I find the form 990 for Pfcu?
Pfcu's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pfcu4me.com
Learn more at the official website: www.pfcu4me.com
Mission Statement of Pfcu
Pfcu, a committed community partner, strives to exceed the financial goals of its members by offering an array of products and services. Dedicated to being their primary financial institution, the local team at Pfcu is passionate about serving one member at a time, anytime. The credit union's membership grew from 54,443 in 2021 to 54,443 in 2022, with members utilizing various account types such as regular shares, club accounts, share drafts, certificates of deposit, money markets, and individual retirement accounts. Pfcu has expanded its financial offerings, increasing its assets from $778.8 million in 2021 to $790.3 million in 2022. By focusing on the unique financial needs of each member, Pfcu fosters long-term relationships, embodying a strong commitment to the communities it serves.
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Impact
October, 2024
Pfcu plays a vital role in the financial well-being of the communities it serves. With a commitment to providing products and services that help members achieve their lifelong goals, Pfcu has established itself as a trusted financial partner. As of December 31, 2022, it served over 54,000 members, offering a range of financial products, including regular shares, club accounts, share drafts, certificates of deposit, money markets, and individual retirement accounts.
The impressive growth from $778.8 million in assets in 2021 to $790.3 million in 2022 reflects Pfcu's strong presence and reliability in the local financial landscape. Their mission emphasizes personalized service, ensuring that every member receives dedicated support tailored to their needs. This focus on community engagement and member satisfaction illustrates Pfcu's significant impact in fostering financial stability and empowerment within Portland, MI.
This information is meant to be a general summary of Pfcu. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,159,040
- Program Service Revenue: $36,942,502
- Gross Receipts: $42,104,837
Assets and Liabilities:
- Total Assets: $790,319,803
- Total Liabilities: $723,066,754
- Net Assets: $67,253,049
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS TO MEMBERS
Revenue
$26,030,723
FEES/CHARGES/OTHER
Revenue
$10,776,359
FINANCE AND INSURANCE
Revenue
$135,420
Organization Details
Founding Year
1947
Principal Officer
Michele Makeley
Website
www.pfcu4me.comNTEE Category
Code: W60 - Public benefit
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