POWER FINANCIAL CREDIT UNION
Pub 78

POWER FINANCIAL CREDIT UNION
Pub 78

Pembroke Pines, FL, US
•
501(c)
•
EIN
59-0690962
•
WWW.POWERFI.ORG
•
Regional Funder
•
Subordinate Organization

POWER FINANCIAL CREDIT UNION
Pub 78

Pembroke Pines, FL, US
•
501(c)
•
EIN
59-0690962
•
WWW.POWERFI.ORG
•
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$44,246,663

Program Services
87%
Investments
12%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$33,316,770

Salaries & Benefits
39%
Interest
25%
Other
21%
Offices, Occupancy & IT
8%
Advertising & Promotion
3%
Depreciation
2%
Fees to Service Providers
2%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$35,119,819
$38,412,130
+9%
Membership Dues
$0
$0
-
Investments
$5,785,192
$5,488,364
-5%
Other
-$25,754
$346,169
-1444%
Total Revenues
$40,879,257
$44,246,663
+8%
Expenses
2023
2024
Change
Grants
$74,372
$15,000
-80%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,800,278
$12,971,974
+1%
Fees to Service Providers
$377,454
$656,009
+74%
Advertising & Promotion
$739,544
$1,002,690
+36%
Offices, Occupancy & IT
$2,113,696
$2,702,338
+28%
Interest
$4,831,822
$8,287,823
+72%
Depreciation
$983,902
$748,203
-24%
Other
$5,231,389
$6,932,733
+33%
Total Expenses
$27,152,457
$33,316,770
+23%
Net income
2023
2024
Change
Net income
+$13,726,800
+$10,929,893
-20%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$27,152,457
$33,316,770
+23%
Income Statement
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