Overview
What is State Chartered Credit Unions In Florida Power Financial Credit Union?
Power Financial Credit Union, a Florida-based state chartered credit union, is a cooperative financial institution dedicated to promoting savings among its members and offering affordable credit at rates typically lower than banks. Located at 2020 NW 150th Avenue, Pembroke Pines, Florida, the credit union employs a team of 170 individuals. The institution pays interest on members' share accounts, money market accounts, and certificates of deposit, offering attractive market rates. By organizing as a credit union, Power Financial Credit Union aims to foster thrift and provide accessible financial services to its members.
Official website here: www.powerfi.org
Is State Chartered Credit Unions In Florida Power Financial Credit Union legitimate?
State Chartered Credit Unions In Florida Power Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Power 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,260,558
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,786,023
For more financial information, click here
What is the mission statement of State Chartered Credit Unions In Florida Power Financial Credit Union?
Power Financial Credit Union functions as a cooperative financial institution, geared towards encouraging savings and offering affordable credit to its members. The institution operates with the primary objective of providing financial services to its members at interest rates typically lower than those offered by banks. Members' shares, money market accounts, and certificates of deposit earn interest payouts. Interest rates are determined by market conditions.
Official website here: www.powerfi.org
Who is the CEO of State Chartered Credit Unions In Florida Power Financial Credit Union?
Allan Prindle is the Chairperson Of Board of State Chartered Credit Unions In Florida Power Financial Credit Union. The CEO's salary of State Chartered Credit Unions In Florida Power Financial Credit Union is $1,006,386 and their total compensation is $1,033,746.
Official website here: www.powerfi.org
What is the revenue of State Chartered Credit Unions In Florida Power Financial Credit Union?
State Chartered Credit Unions In Florida Power Financial Credit Union's revenue in 2022 was $32,499,543.
Official website here: www.powerfi.org
Who are the executives of State Chartered Credit Unions In Florida Power Financial Credit Union and what are their salaries?
The average compensation at State Chartered Credit Unions In Florida Power Financial Credit Union during 2022 was $59,098. There are 170 employees and 11 volunteers at State Chartered Credit Unions In Florida Power Financial Credit Union.
Here are 22 key members and their salaries (State Chartered Credit Unions In Florida Power Financial Credit Union's CEO's salary is $1,006,386 and their total compensation is $1,033,746):
- Allan Prindle (President/Ceo)
- Michelle Diaz (Chief Information Officer)
- Wanda Ferrer (Chief Financial Officer)
- Mark Mattozzi (Vp, Commercial Lender)
- Claire Bergguist (Chief Talent & Knowledge Officer)
- Lesley Garcia Suarez (Chief Lending Officer)
- Alicia Quevedo (Chief Membership Officer)
- Ping Luo (Vp Controller)
- Lisa Katz (Vp Commercial Portfolio)
- David Esquivel (Vp Network Services)
- Vincenzo Fiordelisi (Vp, Marketing)
- Gene Sevilla (Director)
- George Skillas (Director)
- Leman Murray (Chairperson Of Board) [Trustee/Director]
- John Breslin (Vice Chairperson Of Board) [Trustee/Director]
- Wendel Sauer (Secretary Of Board) [Trustee/Director]
- Terry Keith (Treasurer Of Board) [Trustee/Director]
- Pat Carnevale (Director/Audit Committee M)
- Tony Cuba (Director/Audit Committee C)
- Stephen Knight (Director)
- Leslie Mcconachie (Director)
- Jack E Patterson (Director/Audit Committee M)
Official website here: www.powerfi.org
Where can I find the form 990 for State Chartered Credit Unions In Florida Power Financial Credit Union?
The State Chartered Credit Unions In Florida Power Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.powerfi.org
Learn more at the official website: www.powerfi.org
Mission Statement of State Chartered Credit Unions In Florida Power Financial Credit Union
Power Financial Credit Union, a cooperative financial institution based in Florida, is on a mission to encourage savings and lend credit to its members at rates typically lower than those offered by banks. This credit union operates as a not-for-profit organization, with its primary goal being to provide affordable financial services to its members.
Power Financial Credit Union's core activities revolve around the promotion of thrift and the provision of competitive credit solutions. Members of this credit union are invited to open various types of accounts, including share accounts, money market accounts, and certificates of deposit. These accounts offer attractive returns in the form of interests and dividends, ensuring that members benefit from their savings. The credit union takes pride in offering market-competitive interest rates, resulting in financial gains for its members.
Impact
This information is meant to be a general summary of State Chartered Credit Unions In Florida Power Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
State Chartered Credit Unions like Power Financial Credit Union in Florida have a significant impact on the local community. They provide a cooperative financial institution that promotes thrift and offers credit to members at competitive rates. This enables individuals and businesses to access affordable financial services, contributing to economic growth and financial stability in the region. Furthermore, by paying competitive interest rates on savings accounts and other investments, credit unions like Power Financial Credit Union help members grow their wealth and achieve their financial goals.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$23,478,605
FEE INCOME & OTHER OPERATING INCO
Revenue
$4,558,417
FINANCE & INSURANCE
Revenue
$58,998
Organization Details
Founding Year
1951
Phone
(954) 538-4400
Principal Officer
Allan Prindle
Main Address
2020 NW 150TH AVENUE, PEMBROKE PINES, FL, 33028
Website
www.powerfi.org
NTEE Category
Code: W60 - Public benefit
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