State Chartered Credit Unions In Florida Powernet Credit Union

Powernet Credit Union

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

EIN: 591262972 ✦ Tampa, FL ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Florida Powernet Credit Union?

State Chartered Credit Unions in Florida, specifically Powernet Credit Union, is a nonprofit organization situated in Tampa, Florida. This credit union operates with a mission to deliver credit union programs and personal financial services exclusively to its members. The scope of services includes various credit union offerings, catering to the financial needs of its members effectively.


Official website here: www.powernetcu.org

Is State Chartered Credit Unions In Florida Powernet Credit Union legitimate?

State Chartered Credit Unions In Florida Powernet Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Powernet 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: $146,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $670,278

For more financial information, click here


Official website here: www.powernetcu.org

What is the mission statement of State Chartered Credit Unions In Florida Powernet Credit Union?

State Chartered Credit Unions In Florida Powernet Credit Union's mission is centered around providing credit union programs, offering personal financial services exclusively to its members. The credit union's mission is to serve its members effectively, providing various credit union services. By doing so, it contributes to the financial well-being of its members, offering them access to essential credit union services. The credit union operates under the framework of state chartered credit unions, following the standard mission of providing financial services solely to its members.


Official website here: www.powernetcu.org

Who is the CEO of State Chartered Credit Unions In Florida Powernet Credit Union?

Donald Prue is the Ceo of State Chartered Credit Unions In Florida Powernet Credit Union. The CEO's salary of State Chartered Credit Unions In Florida Powernet Credit Union is $146,058 and their total compensation is $146,058.


Official website here: www.powernetcu.org

What is the revenue of State Chartered Credit Unions In Florida Powernet Credit Union?

State Chartered Credit Unions In Florida Powernet Credit Union's revenue in 2022 was $2,892,898.


Official website here: www.powernetcu.org

Who are the executives of State Chartered Credit Unions In Florida Powernet Credit Union and what are their salaries?

The average compensation at State Chartered Credit Unions In Florida Powernet Credit Union during 2022 was $42,965. There are 19 employees and 8 volunteers at State Chartered Credit Unions In Florida Powernet Credit Union.


Here are 6 key members and their salaries (State Chartered Credit Unions In Florida Powernet Credit Union's CEO's salary is $146,058 and their total compensation is $146,058):


Donald A Prue (Ceo)
  • Compensation: $146,058
  • Related: $0
  • Other: $0
Johnathon E Dehmel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn M Macconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn P Mcdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara A Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.powernetcu.org

Where can I find the form 990 for State Chartered Credit Unions In Florida Powernet Credit Union?

State Chartered Credit Unions In Florida Powernet Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.powernetcu.org

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

Mission Statement of State Chartered Credit Unions In Florida Powernet Credit Union

State Chartered Credit Unions In Florida Powernet Credit Union is dedicated to providing credit union programs and personal financial services exclusively to its members. This nonprofit organization's mission is centered around offering various credit union services, catering to the financial needs of its members. By operating under the umbrella of state-chartered credit unions, Powernet Credit Union ensures that it adheres to a mission of promoting financial well-being and empowerment among its members. The credit union's activities are focused on offering a range of financial services, thereby positioning itself as a reliable financial partner to its members.

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Impact




October, 2024

State Chartered Credit Unions In Florida Powernet Credit Union plays a vital role in the Tampa community by providing a range of financial services tailored exclusively for its members. By offering credit union programs, Powernet Credit Union contributes to the financial well-being of individuals and families, fostering economic stability.

Through its accessible personal financial services, the credit union empowers members to manage their finances effectively, promoting financial literacy and healthy money habits. This focus on community engagement not only helps members achieve their financial goals but also strengthens the local economy by encouraging responsible borrowing and saving practices.

As a member-oriented institution, Powernet Credit Union prioritizes the needs of its members, emphasizing trust and personalized service. This commitment to service ensures that individuals receive the support necessary to navigate their financial journeys, ultimately enhancing the overall quality of life in the Tampa area.




This information is meant to be a general summary of State Chartered Credit Unions In Florida Powernet 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
$2,892,898 (2022)
Expenses
$2,474,877 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $767,706
  • Program Service Revenue: $2,125,192
  • Gross Receipts: $2,892,898

Assets and Liabilities:

  • Total Assets: $111,946,300
  • Total Liabilities: $102,408,790
  • Net Assets: $9,537,510

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Programs

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

LOAN INCOME

Revenue

$1,574,674

FEE INCOME

Revenue

$233,428

CARD INCOME

Revenue

$283,469

INSURANCE RELATED

Revenue

$8,905

Organization Details

Founding Year

1961

Principal Officer

Donald Prue

Main Address

5619 HARNEY ROAD, TAMPA, FL, 33610

NTEE Category

Code: W60 - Public benefit

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