Pfcu

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

EIN: 381379433 ✦ Portland, MI ✦ Designated as a 501(c)(14)

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $669,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,396,218

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?

Michele Makeley is the Principal Officer of Pfcu. The CEO's salary of Pfcu is $425,300 and their total compensation is $470,285.


Official website here: www.pfcu4me.com

What is the revenue of Pfcu?

Pfcu's revenue in 2022 was $35,812,251.


Official website here: www.pfcu4me.com

Who are the executives of Pfcu and what are their salaries?

The average compensation at Pfcu during 2022 was $44,538. There are 226 employees and 8 volunteers at Pfcu.

Here are 15 key members and their salaries (Pfcu's CEO's salary is $425,300 and their total compensation is $470,285):

    Harvey Hoskins (Ceo)
  • Compensation: $425,300
  • Related: $0
  • Other: $44,985

    • Michele Makley (Executive Vp)
  • Compensation: $242,663
  • Related: $0
  • Other: $19,623

    • Joe Krieger (Svp Lending)
  • Compensation: $170,558
  • Related: $0
  • Other: $36,402

    • Tammy L Bengel (Cfo)
  • Compensation: $181,493
  • Related: $0
  • Other: $17,629

    • Theresa Burgess (Svp Member Experience)
  • Compensation: $141,336
  • Related: $0
  • Other: $26,883

    • Heather Spitzley (Svp Hr)
  • Compensation: $122,979
  • Related: $0
  • Other: $31,638

    • Sean Krebs (Svp It)
  • Compensation: $121,841
  • Related: $0
  • Other: $25,108

    • Chad Burke (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Gorman (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kutas (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Madarang (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Mason (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Ward (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Schrauben (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Rockey (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pfcu4me.com

    Where can I find the form 990 for Pfcu?

    The Pfcu’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Pfcu's impact is evident in the lives of its 54,443 members who benefit from a range of financial products and services tailored to help them achieve their lifelong goals. With a commitment to serving the community, Pfcu has grown significantly, from a $778.8 million credit union in 2021 to a $790.3 million credit union by the end of 2022. This growth is a testament to Pfcu's dedication to being the primary financial institution for its members, providing them with the support they need to secure their financial futures. By focusing on hometown service one member at a time, Pfcu plays a crucial role in fostering financial well-being and prosperity in Portland, MI, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $3,375,768
  • Program Service Revenue: $32,436,483
  • Gross Receipts: $35,820,851

    • Assets and Liabilities:
  • Total Assets: $790,319,803
  • Total Liabilities: $723,066,754
  • Net Assets: $67,253,049
  • Programs

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

    LOANS TO MEMBERS

    Revenue

    $22,040,832

    FEES/CHARGES/OTHER

    Revenue

    $10,279,910

    FINANCE AND INSURANCE

    Revenue

    $115,741

    Organization Details

    Founding Year

    1947

    Principal Officer

    Michele Makeley

    Main Address

    9077 CHARLOTTE HIGHWAY, PORTLAND, MI, 488758417

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Pfcu and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.