EIN 59-0642991

Pen Air Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
433
State
Year formed
1936
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
Pen Air Credit Union promotes thrift, offers savings and lending products, and is member-owned and managed by a volunteer board of directors.
Total revenues
$167,698,101
2023
Total expenses
$138,287,668
2023
Total assets
$3,075,876,812
2023
Num. employees
433
2023

Program areas at Pen Air Credit Union

In our efforts to promote thrift among our members, the Credit Union provides competitive savings products, which include savings, checking, certificate of deposit accounts as well as ira savings and certificate of deposit accounts.
To meet the financial needs of our members, the Credit Union provides a source of Credit by offering a variety of consumer and mortgage lending products at reasonable rates of interest.

Grants made by Pen Air Credit Union

GranteeGrant descriptionAmount
University of West Florida FoundationSponsorship$130,500
Naval Aviation Museum FoundationSponsorship$33,000
Friends of the Navy Marine Corps Relief SocietySponsorship$24,000
...and 3 more grants made

Personnel at Pen Air Credit Union

NameTitleCompensation
Delbert MorganPresident and Chief Executive Officer / President Chief Executive Officer$626,121
John HuddlestonSenior Vice President and Chief Financial Officer$177,684
Galen CounselmanSenior Vice President and Chief Information Officer$266,845
Dana MullinsSenior Vice President and Chief People Officer$257,828
Andrew ReynoldsSenior Vice President and Chief Strategy Officer
...and 13 more key personnel

Financials for Pen Air Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$86,430,609
Investment income and dividends$43,620,178
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-114,227
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$37,761,541
Total revenues$167,698,101

Form 990s for Pen Air Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-10-16990View PDF

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Metro Credit UnionChelsea, MA$114,336,853
Together Credit UnionSaint Louis, MO$135,539,350
AmeriCU Credit UnionRome, NY$153,285,369
Potlach No 1 Financial Credit UnionLewiston, ID$137,633,569
Navigant Credit UnionSmithfield, RI$130,542,626
Communityamerica Credit UnionLenexa, KS$219,877,972
Jeanne D'Arc Credit UnionLowell, MA$66,569,870
Trustone Financial Credit UnionPlymouth, MN$190,600,595
Golden Plains Credit UnionGarden City, KS$60,592,739
Data update history
December 23, 2023
Updated personnel
Identified 3 new personnel
December 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 5, 2023
Updated personnel
Identified 21 new personnel
November 25, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Grantmaking organizationsCredit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Community engagement / volunteeringProvides scholarships
General information
Address
1495 E Nine Mile Rd
Pensacola, FL 32514
Metro area
Pensacola-Ferry Pass-Brent, FL
County
Escambia County, FL
Website URL
penair.org/ 
Phone
(850) 505-3200
IRS details
EIN
59-0642991
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Z99: Z99
Parent/child status
Central organization
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