EIN 38-1379433

Credit Unions Chartered in the State of Michigan - 1203 Pfcu

IRS 501(c) type
501(c)(14)
Num. employees
235
Year formed
1947
Most recent tax filings
2023-12-01
Description
We are committed to the communities that we serve by providing products and services to exceed their lifelong goals. We will be our members' primary financial institution. Local people dedicated to hometown service one member at a time, anytime.
Related structure
Credit Unions Chartered in the State of Michigan - 1203 Pfcu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Pfcu
Total revenues
$42,104,836
2023
Total expenses
$38,372,237
2023
Total assets
$807,318,625
2023
Num. employees
235
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1203 Pfcu

At the end of december 2023, Pfcu served 55,449 members with regular shares, club accounts, share drafts, certificates of deposit, money markets and individual retirement accounts. Pfcu total assets increased from $790.3 million as of december 31, 2022 to $807.3 million as of december 31, 2023.
Pfcu offers automated teller machines and various insurance products.
At the end of december 2023 Pfcu had 34,833 loans including personal, home equity, mortgage, and credit card types.

Grants made by Credit Unions Chartered in the State of Michigan - 1203 Pfcu

GranteeGrant descriptionAmount
Alpha Care CenterCharitable Contribution$8,113
Habitat for Humanity - Ionia County Inc HFH ofCharitable Contribution$8,006
Welcome Home VeteransCharitable Contribution$6,765
...and 1 more grant made

Personnel at Credit Unions Chartered in the State of Michigan - 1203 Pfcu

NameTitleCompensation
Harvey HoskinsChief Executive Officer - Former$425,300
Tammy L BengelChief Financial Officer$181,493
Robyn HeronSenior Vice President Marketing$110,953
Sean KrebsSenior Vice President It$121,841
Elizabeth BlundySenior Vice President of Human Resources$147,565
...and 6 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 1203 Pfcu

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$36,942,502
Investment income and dividends$5,159,040
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,294
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$42,104,836

Form 990s for Credit Unions Chartered in the State of Michigan - 1203 Pfcu

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-07-12990View PDF
2021-122022-06-16990View PDF
2020-122021-10-04990View PDF
2019-122021-06-07990View PDF
...and 1 more Form 990
Data update history
July 11, 2024
Used new vendors
Identified 1 new vendor, including
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Updated personnel
Identified 7 new personnel
August 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 19, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local levelProvides scholarships
General information
Address
9077 Charlotte Hwy
Portland, MI 48875
Metro area
Grand Rapids-Kentwood, MI
County
Ionia County, MI
Website URL
pfcu4me.com/ 
Phone
(517) 647-7571
IRS details
EIN
38-1379433
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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