POWER FINANCIAL CREDIT UNION
Pub 78

POWER FINANCIAL CREDIT UNION
Pub 78

Pembroke Pines, FL, US
501(c)
EIN
59-0690962
Regional Funder
Subordinate Organization

POWER FINANCIAL CREDIT UNION
Pub 78

Pembroke Pines, FL, US
501(c)
EIN
59-0690962
Regional Funder
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$869,375,033

Receivables (Non-Related)
76%
Investments
10%
Cash & Equivalents
8%
Other Assets
4%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$755,599,513

Other Liabilities
92%
Notes Payable / Debt (Non-Related)
6%
Custodial & Escrow Liabilities
<1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$52,688,436
$69,071,129
+31%
Receivables (Non-Related)
$658,657,703
$659,401,045
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,739,538
$9,458,220
+22%
Investments
$95,812,145
$84,106,887
-12%
Property, Plant, & Equipment (net)
$13,388,541
$13,603,678
+2%
Other Assets
$50,217,561
$33,734,074
-33%
Total Assets
$878,503,924
$869,375,033
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$7,445,956
$5,713,350
-23%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$5,337,160
$6,231,909
+17%
Notes Payable / Debt (Non-Related)
$58,332,694
$46,177,719
-21%
Related-Party Payables
-
-
-
Other Liabilities
$707,026,694
$697,476,535
-1%
Total Liabilities
$778,142,504
$755,599,513
-3%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$100,361,420
+$113,775,520
+13%
Balance Sheet
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