PENNSYLVANIA STATE EMPLOYEES CREDIT UNION
Pub 78

PENNSYLVANIA STATE EMPLOYEES CREDIT UNION
Pub 78

Harrisburg, PA, US
501(c)
EIN
23-0961140
Subordinate Organization

PENNSYLVANIA STATE EMPLOYEES CREDIT UNION
Pub 78

Harrisburg, PA, US
501(c)
EIN
23-0961140
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$574,006,078

Program Services
78%
Investments
13%
Other
10%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$489,832,323

Interest
34%
Other
34%
Salaries & Benefits
20%
Offices, Occupancy & IT
6%
Advertising & Promotion
2%
Fees to Service Providers
2%
Depreciation
1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$390,212,606
$445,869,010
+14%
Membership Dues
$0
$0
-
Investments
$63,666,065
$73,549,367
+16%
Other
$14,793,581
$54,587,701
+269%
Total Revenues
$468,672,252
$574,006,078
+22%
Expenses
2023
2024
Change
Grants
$463,569
$501,171
+8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$88,154,809
$97,594,564
+11%
Fees to Service Providers
$9,546,434
$10,339,216
+8%
Advertising & Promotion
$14,066,563
$11,582,898
-18%
Offices, Occupancy & IT
$27,021,926
$30,036,323
+11%
Interest
$129,667,162
$168,877,324
+30%
Depreciation
$8,732,924
$6,627,926
-24%
Other
$183,587,310
$164,272,901
-11%
Total Expenses
$461,240,697
$489,832,323
+6%
Net income
2023
2024
Change
Net income
+$7,431,555
+$84,173,755
+1033%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$461,240,697
$489,832,323
+6%
Income Statement
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