EIN 59-0706843

Innovations Financial Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
86
State
Year formed
1952
Most recent tax filings
2023-12-01
Description
Innovations Financial Credit Union offers financial and lending services to individuals and businesses situated within the counties of Bay, Holmes, Washington, Jackson, Calhoun, Gulf of Walton situated in Florida. The credit union has achieved its goal of people helping people since 1952 by delivering service that goes beyond our members' expectations at every stage of their lives.
Total revenues
$26,668,120
2023
Total expenses
$22,311,716
2023
Total assets
$428,396,918
2023
Num. employees
86
2023

Program areas at Innovations Financial Credit Union

Since 1952 the Credit Union has achieved its goal of people helping people by always providing service that exceeds our members expectations through each stage of their lives

Personnel at Innovations Financial Credit Union

NameTitleCompensation
David SouthallChief Executive Officer$412,846
Jeremy HintonChief Financial Officer$289,377
Ruthie ParkerMarketing Director$129,224
Angie BurnettDirector of Projects$162,573
Dan ChaplikDirector of Branch Operation$192,331
...and 2 more key personnel

Financials for Innovations Financial Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$18,759,233
Investment income and dividends$725,113
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$45,238
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,138,536
Total revenues$26,668,120

Form 990s for Innovations Financial Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-09990View PDF
2022-122023-10-27990View PDF

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Data update history
October 24, 2024
Used new vendors
Identified 2 new vendors, including , and
January 23, 2024
Updated personnel
Identified 14 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
910 Thomas Dr
Panama City, FL 32408
Metro area
Panama City, FL
County
Bay County, FL
IRS details
EIN
59-0706843
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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
Independent
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