Pfd Firefighters Credit Union Inc

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

EIN: 540636804 ✦ Portsmouth, VA ✦ Designated as a 501(c)(14)

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Overview

What is Pfd Firefighters Credit Union Inc?

Pfd Firefighters Credit Union Inc, based in Portsmouth, Virginia, serves as a financial institution primarily catering to fire department employees and their families. With a mission to provide affordable financial services, the credit union offers loan relationships, depository services, debit cards, and internet banking. Their team of professionals delivers exceptional service, ensuring members have access to essential financial tools such as account transfers, night deposit boxes, money wires, and notary services. During the year, the credit union extended loans to 573 individuals who may not have been eligible elsewhere, thereby extending financial assistance to those often overlooked by larger financial institutions.


Official website here: www.pfdcu.com

What do the Facebook reviews say about Pfd Firefighters Credit Union Inc?

100% of reviewers on Facebook recommend Pfd Firefighters Credit Union Inc. Here is a summary of their reviews:

Many users express their deep appreciation for the organization, highlighting its commitment to helping members save and grow their finances. One reviewer noted the exceptional care and service provided by the staff, emphasizing their support over the decades.

Overall, the sentiment is overwhelmingly positive, showcasing a strong belief that the credit union genuinely cares for its members and delivers on its promise of excellent service and financial assistance.


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

Is Pfd Firefighters Credit Union Inc legitimate?

Pfd Firefighters Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pfd Firefighters Credit Union Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,319

For more financial information, click here


Official website here: www.pfdcu.com

What is the mission statement of Pfd Firefighters Credit Union Inc?

Pfd Firefighters Credit Union Inc's mission is centered around providing affordable financial services to its members. The credit union offers loan relationships, deposit services, debit cards, and internet banking, all delivered by professionals committed to delivering exceptional service. Their primary membership base consists of fire department employees and their families, often individuals who may not have easy access to such services from larger financial institutions. The credit union extends affordable loans to numerous individuals who might otherwise struggle to secure funding from other financial institutions. Besides loans, they also provide additional services such as debit cards, night deposit boxes, money wires, and notary services.


Official website here: www.pfdcu.com

Who is the CEO of Pfd Firefighters Credit Union Inc?

Grover Hollomon is the President of Pfd Firefighters Credit Union Inc.


Official website here: www.pfdcu.com

What is the revenue of Pfd Firefighters Credit Union Inc?

Pfd Firefighters Credit Union Inc's revenue in 2022 was $1,409,974.


Official website here: www.pfdcu.com

Who are the executives of Pfd Firefighters Credit Union Inc and what are their salaries?

The average compensation at Pfd Firefighters Credit Union Inc during 2022 was $52,665. There are 8 employees and 13 volunteers at Pfd Firefighters Credit Union Inc.


Here are 6 key members and their salaries:


Grover Hollomon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Stephens (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Britt Hughson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beck Barfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Lassiter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Harrington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pfdcu.com

Where can I find the form 990 for Pfd Firefighters Credit Union Inc?

Pfd Firefighters Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pfdcu.com

Learn more at the official website: www.pfdcu.com

Mission Statement of Pfd Firefighters Credit Union Inc

Pfd Firefighters Credit Union Inc is dedicated to providing affordable financial services to its members. Their mission is to establish strong loan relationships, offer deposit services, and provide debit cards and internet banking, all while delivering exceptional customer service. The credit union prioritizes serving a membership primarily composed of fire department employees and their families, as well as individuals who often find themselves overlooked by larger financial institutions. By offering these services at affordable rates, Pfd Firefighters Credit Union Inc aims to make financial resources more accessible to its community.

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Impact




October, 2024

Pfd Firefighters Credit Union Inc significantly impacts its community by providing essential financial services tailored to the needs of fire department employees and their families in Portsmouth, VA. By offering affordable loans to 573 individuals, many of whom would struggle to secure financing from traditional banks, the credit union fills a critical gap in access to financial resources.

In addition to lending, Pfd Firefighters Credit Union provides a comprehensive suite of services such as depository services, debit cards, internet banking, account transfers, night deposit boxes, money wires, and notary services. This range of offerings enhances financial accessibility and convenience for its members, fostering a sense of financial security and stability.

Furthermore, the credit union creates a supportive environment for community members who might feel overlooked by larger financial institutions, ensuring that individuals in public service have the financial support they need. Through these efforts, Pfd Firefighters Credit Union strengthens the financial well-being of its members and contributes to the overall health of the Portsmouth community.




This information is meant to be a general summary of Pfd Firefighters Credit Union Inc. 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
$1,409,974 (2022)
Expenses
$1,283,739 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,548
  • Program Service Revenue: $1,379,426
  • Gross Receipts: $1,409,974

Assets and Liabilities:

  • Total Assets: $33,133,734
  • Total Liabilities: $28,549,194
  • Net Assets: $4,584,540

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Programs

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

FEES AND CHARGES

Revenue

$20,116

INTEREST INCOME

Revenue

$1,155,896

MISC INCOME

Revenue

$203,414

Organization Details

Founding Year

1955

Principal Officer

Grover Hollomon

Main Address

3209 CEDAR LANE, PORTSMOUTH, VA, 23703

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