Public Charity

PELICAN STATE CREDIT UNION

PELICAN STATE CREDIT UNION is a nonprofit organization categorized as Public Charity based in BATON ROUGE, LA. Its most recent IRS filing (2024) reports revenue of $88.5M, expenses of $88.2M, total assets of $722.6M.

EIN: 720498240 BATON ROUGE, LA Latest filing: 2024
Total Revenue$88.5M
Total Expenses$88.2M
Total Assets$722.6M
Grant Records0
Filing Years2019–2024

Mission

PROVIDE BANKING RELATED SERVICES TO MEMBERS, MANY OF WHOM LIVE BELOW FEDERAL AND STATE POVERTY LEVELS.

Where $100 goes at Pelican State Credit Union

How Pelican State 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

$34
Partner in financial literacy and education programs throughout the state
34% of program spending
$33
Offer a variety of deposit products
33% of program spending
$33
Offer a wide spectrum of lending products with competitive interest rates
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.

Officers & Directors

CMEO Annette Thames
SVP LENDING & MEMBER SOLUTIONS Benjamin Manry
SUPERVISORY COMMITTEE MEMBER Brad Colwell
SVP INFORMATION TECHNOLOGY Charles Morgan
SUPERVISORY COMMITTEE MEMBER Colandra Paige Smith
BOARD DIRECTOR David Colvin

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $88.5M $88.2M $722.6M
2023 $78.3M $75.0M $668.2M
2022 $67.1M $59.5M $677.1M
2020 $55.2M $47.4M $527.9M
2019 $48.6M $44.5M $396.5M

Between 2019 and 2024, reported annual revenue grew from $48.6M to $88.5M (+82%), with total assets most recently reported at $722.6M.

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

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