Overview

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Est.

1951

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

POWER FINANCIAL CREDIT UNION is a cooperative financial institution dedicated to promoting thrift and providing credit to its members at rates generally lower than traditional banks. With an operating budget of $33.3 million and total revenue of $44.2 million for the filing year 2024, the organization serves its members through a commitment to accessible financial services. More information can be found on their website at www.powerfi.org.

Mission Statement

POWER FINANCIAL CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS AT RATES GENERALLY LOWER THAN BANKS.
Revenues
$44.2M
Expenses
$33.3M
Net Income:
+$10.9M
Assets
$869.4M
Liabilities
$755.6M
Net Assets:
+$113.8M
Operating Budget
$33.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Allan Prindle
Board Member
G
George Skillas
Board Member
G
Gene Sevilla
Board Member

Frequently Asked Questions

What is POWER FINANCIAL CREDIT UNION’s budget?
In 2024, POWER FINANCIAL CREDIT UNION reported an annual operating budget of around $33.3 million. More detailed financial information is available to registered users.
What causes does POWER FINANCIAL CREDIT UNION support?
POWER FINANCIAL CREDIT UNION supports work in Credit unions.
Where does POWER FINANCIAL CREDIT UNION operate?
POWER FINANCIAL CREDIT UNION is headquartered in Pembroke Pines, FL.