Public Charity

STATE CHARTERED CREDIT UNIONS IN FLORIDA POWER FINANCIAL CREDIT UNION

STATE CHARTERED CREDIT UNIONS IN FLORIDA POWER FINANCIAL CREDIT UNION is a Public Charity headquartered in PEMBROKE PINES, FL. Financial data from the 2024 filing: $44.2M revenue, $33.3M expenses, $869.4M total assets. IRS filings disclose 13 grants awarded by this foundation, totaling roughly $321K.

EIN: 590690962 PEMBROKE PINES, FL Latest filing: 2024
Total Revenue$44.2M
Total Expenses$33.3M
Total Assets$869.4M
Grants Given13
Grant Total$321K
Filing Years2020–2024

Mission

POWER FINANCIAL CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS AT RATES GENERALLY LOWER THAN BANKS.

Where $100 goes at State Chartered Credit Unions in Florida Power Financial Credit Union

How State Chartered Credit Unions in Florida Power Financial Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 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

$34
Interests and dividends paid to members on their share accounts, money market accounts, and certificates of deposit
34% of program spending
$33
Employee labor and benefits costs incurred to support savings services, loan originations, and servicing the loan portfolio for its members
33% of program spending
$33
Office expenses and data processing expenses necessary to support member account and loan activities by providing members access to their accounts and services provided by the credit union
33% of 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.

Sample Grants Given

MIAMI, FL · 2024
TO SUPPORT THE ORGANIZATION'S MISSION TO INSPIRE CHILDREN'S PASSIONS AND ENCOURAGE THEM TO ACHIEVE SUCCESS IN LIFE.
$15,000
MIAMI, FL · 2023
TO SUPPORT THE ORGANIZATION'S MISSION TO INSPIRE CHILDREN'S PASSIONS AND ENCOURAGE THEM TO ACHIEVE SUCCESS IN LIFE.
$67,972
MIAMI, FL · 2022
TO SUPPORT THE ORGANIZATION'S MISSION TO INSPIRE CHILDREN'S PASSIONS AND ENCOURAGE THEM TO ACHIEVE SUCCESS IN LIFE.
$143,000
OPA LOCKA, FL · 2022
TO SUPPORT THE SCHOOL'S MISSION IN SERVING CHILDREN, STUDENTS, AND ADULTS FROM ALL INCOME LEVELS.
$6,000
MIAMI, FL · 2021
TO SUPPORT THE ORGANIZATION'S MISSION TO INSPIRE CHILDREN'S PASSIONS AND ENCOURAGE THEM TO ACHIEVE SUCCESS IN LIFE.
$30,000

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

CHIEF MEMBERSHIP OFFICER Alicia Quevedo
PRESIDENT/CEO Allan Prindle
CHIEF TALENT & KNOWLEDGE O Claire Bergguist
VP NETWORK SERVICES David Esquivel
DIRECTOR Gene Sevilla
DIRECTOR George Skillas

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$315,462 12 grants
Education
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $44.2M $33.3M $869.4M
2023 $40.9M $27.2M $878.5M
2022 $32.5M $24.4M $892.2M
2021 $27.7M $21.7M $930.4M
2020 $32.1M $26.5M $876.1M

Between 2020 and 2024, reported annual revenue grew from $32.1M to $44.2M (+38%), with total assets most recently reported at $869.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in FL.

FL

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

See the full picture for STATE CHARTERED CREDIT UNIONS IN FLORIDA POWER FINANCIAL CREDIT UNION

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