Public Charity

TROPICAL FINANCIAL CREDIT UNION

TROPICAL FINANCIAL CREDIT UNION is a Public Charity headquartered in MIRAMAR, FL. Financial data from the 2024 filing: $59.9M revenue, $62.5M expenses, $983.9M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $56K.

EIN: 590637653 MIRAMAR, FL Latest filing: 2024
Total Revenue$59.9M
Total Expenses$62.5M
Total Assets$983.9M
Grants Given5
Grant Total$56K
Filing Years2019–2024

Mission

TROPICAL FINANCIAL CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE PROVIDING MEMBER OWNERS WITH VALUABLE PRODUCTS, SERVICES AND EDUCATION TO HELP THEM ACHIEVE THEIR GOALS.

Where $100 goes at Tropical Financial Credit Union

How Tropical Financial Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Tropical Financial Credit Union (the credit union) uses income from credit union membership and from investment of members' funds to provide the foundation from which the organization can…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP OF ADMIN Alfredo Goenaga
FORMER VP OF MARKETING Amy Mcgraw
VICE CHAIR Barabara Cruit
DIRECTOR Betty Diamond
VP OF MEMBER RELATIONS Brian Burress
MORTGAGE DIRECTOR Diane Mastay

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$55,636 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $59.9M $62.5M $983.9M
2023 $57.0M $56.2M $966.6M
2022 $45.9M $39.1M $988.1M
2020 $39.8M $36.9M $877.7M
2019 $37.7M $34.3M $741.3M

Between 2019 and 2024, reported annual revenue grew from $37.7M to $59.9M (+59%), with total assets most recently reported at $983.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, FL.

DCFL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for TROPICAL FINANCIAL CREDIT UNION

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