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EIN 56-6048494

Piedmont Advantage Credit Union (PACU)

IRS 501(c) type
501(c)(14)
Num. employees
140
City
Winston Salem
State
North Carolina
Year formed
1949
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Piedmont Advantage Credit Union's mission is serving their world-wide membership with engaged employees who provide financial products and services, in ways which make us easy to do business with.
Related structure
PACU is child organization, under the parent exemption from State Chartered Credit Unions in North Carolina.
Also known as...
State Chartered Credit Unions in North Carolina
Total revenues
$18,839,833
2022
Total expenses
$20,256,042
2022
Total assets
$405,096,501
2022
Num. employees
140
2022

Program areas at PACU

The Credit Union offers valuable banking solutions to over 38,000 members. With access to over 5,000 branches within the shared branch network and 35,000 surcharge-free atms, membership is open to individuals, who reside, work or worship in one of the eight communities the Credit Union serves in north carolina or who are employed by one of its employer companies. In addition, the Credit Union is committed to social responsibility diversity inclusion to positively impact the community and state.

Personnel at PACU

NameTitleCompensation
Dion WilliamsPresident and Chief Executive Officer$310,916
Peter MinfordChief Financial Officer$299,237
Kim AdkinsSenior Vice President of Marketing$118,335
Robert PayneSenior Vice President of It$127,555
Sandy MiltonSenior Vice President of Service Strategy$117,236
...and 10 more key personnel

Financials for PACU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$16,290,592
Investment income and dividends$2,100,691
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$448,550
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$18,839,833

Form 990s for PACU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-30990View PDF
2021-122022-10-03990View PDF
2020-122021-11-15990View PDF
2019-122021-06-30990View PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s
Data update history
October 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Updated personnel
Identified 4 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3530 Advantage Way
Winston Salem, NC 27103
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
pacu.com/ 
Facebook page
PiedmontAdvantage 
IRS details
EIN
56-6048494
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1949
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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