Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2024 • EIN 38-1379433

Jan 01, 2024 to Dec 31, 2024 • Filed on Jun 16, 2025

Organization ProfileWWW.PFCU4ME.COM

View Organization Page

9077 Charlotte HighwayPortland, MI 48875-8417

(517) 647-7571

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.90x

Higher debt load relative to assets than 50% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

15.15x

Higher debt load relative to revenue than 53% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$381,270

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Asset Growth

39th percentile

1.3%

Faster asset growth than 39% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

15%

Faster revenue growth than 54% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$818,132,214

Up $10,813,589 (+1.3%) from 2023

Net Assets

Up

$82,367,619

Up $9,765,771 (+13%) from 2023

Liabilities

Up

$735,764,595

Up $1,047,818 (+0.1%) from 2023

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin59th percentile

Revenue

Up

$48,550,081

Up $6,445,245 (+15%) from 2023

Expenses

Up

$43,216,908

Up $4,844,671 (+13%) from 2023

Net Income

Up

$5,333,173

Up $1,600,574 (+43%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0B$500M$0Assets 2018: $535,594,031Liabilities 2018: $473,423,047Net Assets 2018: $62,170,9842018Assets 2019: $578,173,637Liabilities 2019: $512,554,542Net Assets 2019: $65,619,0952019Assets 2020: $691,413,181Liabilities 2020: $622,741,229Net Assets 2020: $68,671,9522020Assets 2021: $778,796,004Liabilities 2021: $706,557,288Net Assets 2021: $72,238,7162021Assets 2022: $790,319,803Liabilities 2022: $723,066,754Net Assets 2022: $67,253,0492022Assets 2023: $807,318,625Liabilities 2023: $734,716,777Net Assets 2023: $72,601,8482023Assets 2024: $818,132,214Liabilities 2024: $735,764,595Net Assets 2024: $82,367,6192024

Highlighted filing

2024

Assets$818,132,214
Liabilities$735,764,595
Net Assets$82,367,619
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Revenue 2018: $16,566,357Expenses 2018: $15,124,845Net Income 2018: $1,441,5122018Revenue 2019: $31,907,773Expenses 2019: $29,418,402Net Income 2019: $2,489,3712019Revenue 2020: $31,747,235Expenses 2020: $29,215,869Net Income 2020: $2,531,3662020Revenue 2021: $33,015,111Expenses 2021: $26,755,809Net Income 2021: $6,259,3022021Revenue 2022: $35,812,251Expenses 2022: $30,020,235Net Income 2022: $5,792,0162022Revenue 2023: $42,104,836Expenses 2023: $38,372,237Net Income 2023: $3,732,5992023Revenue 2024: $48,550,081Expenses 2024: $43,216,908Net Income 2024: $5,333,1732024

Highlighted filing

2024

Revenue$48,550,081
Expenses$43,216,908
Net Income$5,333,173
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.1
Gross Receipts
$48,550,081
Mission and Program Overview

Mission

Local people dedicated to hometown service one member at a time, anytime.

Pfcu will deliver financial well-being with value, convenience, and exceptional service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$501,286,715$500,528,205▼ $758,510
Investments in Publicly Traded Securities$151,690,588$118,958,417▼ $32,732,171
Savings and Temporary Cash Investments$74,623,704$103,893,482▲ $29,269,778
Rtn Earn Endowment Incm Other Fnds$72,601,848$82,367,619▲ $9,765,771
Investments Other Securities$37,704,600$38,735,600▲ $1,031,000
Land, Buildings, and Equipment, Net$10,711,598$10,230,244▼ $481,354
Cash and Non-Interest-Bearing Accounts$6,696,810$7,373,074▲ $676,264
Intangible Assets$3,015,170$2,724,290▼ $290,880
Receivables From Officers Etc-$2,700,000-
Prepaid Expenses and Deferred Charges$2,041,535$2,401,803▲ $360,268
Accounts Receivable$603,337$302,552▼ $300,785
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$807,318,625$818,132,214▲ $10,813,589
Other Assets Total$18,944,568$30,284,547▲ $11,339,979
Liabilities
Other Liabilities$727,460,673$731,748,237▲ $4,287,564
Accounts Payable and Accrued Expenses$7,256,104$4,016,358▼ $3,239,746
Total Liabilities$734,716,777$735,764,595▲ $1,047,818
Net Assets / Fund Balance
Total Net Assets Fund Balance$72,601,848$82,367,619▲ $9,765,771
Total Liabilities and Net Assets / Fund Balance$807,318,625$818,132,214▲ $10,813,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,487,557$4,573,189$11,060,746
Equipment$1,359,850$4,263,846$5,623,696
Land$2,070,794-$2,070,794
Leasehold Improvements$312,043$834,450$1,146,493
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michele MakleyChief Executive OfficerFT$313,577$67,693$381,270
Joseph KriegerExecutive Vice PresidentFT$223,872$59,363$283,235
Tammy L BengelChief Financial OfficerFT$217,664$33,173$250,837
Leanne HixsonChief Lending OfficerFT$164,084$49,973$214,057
Theresa BurgessChief Member Experience OfficerFT$153,445$40,905$194,350
Gursimran VirkChief Risk OfficerFT$138,077$50,568$188,645
Sean KrebsChief Technology OfficerFT$139,405$39,784$179,189

Board Members and Trustees

NameTitle
Michael WardChairperson
Chad BurkeVice Chairperson
Erin GormanBod Member
Holly RidenourBod Member
John KutasBod Member
Robert CarltonBod Member
Christine RockeySecretary
Terry GregorickaTresurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Case GroupConstruction28175 HAGGERTY RD, Novi, MI 48377$1,311,095
Member Driven TechnologiesCore System30230 ORCHARD LAKE RD STE 260, Farmington Hills, MI 48834$1,232,161
Q2 SoftwareHome Banking SoftwarePO BOX 205970, Dallas, TX 75320$938,565
Informa Business SystemsAtms/itms5170 HARTSHORN DR, Flushing, MI 48433$553,555
Arch MiMortgage InsurancePO BOX 745451, Atlanta, GA 30374$262,634
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$41,112,399
Investment Income
$7,437,682
Other Revenue
$0
Change in Net Assets
$5,333,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$48,550,081
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$48,550,081
Total Revenue per Form 990
$48,550,081
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,542,981
Salaries, Compensation, and Employee Benefits$16,508,437
Grants and Similar Amounts Paid$165,490
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$10,885,812
Interest---$9,157,702
Office Expenses---$3,131,381
Other Employee Benefits---$2,924,757
Other Expenses---$2,269,513
All Other Expenses---$1,474,739
Information Technology---$1,288,194
Pension Plan Contributions---$1,107,719
Depreciation Depletion---$967,406
Payroll Taxes---$958,042
Advertising---$650,192
Occupancy---$636,796
Current Officers, Directors, Trustees, and Key Employees---$632,107
Travel---$282,616
Fees for Services Other---$275,328
Fees for Services Accounting---$152,148
Grants to Domestic Orgs---$151,590
Insurance---$148,957
Payments to Affiliates---$99,574
Fees for Service Investment Mgmnt Fees---$59,677
Grants to Domestic Individuals---$13,900
Total Functional Expenses$0$0$0$43,216,908

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$43,216,908
Total Expenses per Audited Statements$43,216,908
Total Expenses per Form 990$43,216,908
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Michigan 4-h FoundationEast Lansing, MI501(c)(3)Charitable Contribution$35,000
Junior Achievement of the Michigan Great LakesGrand Rapids, MI501(c)(3)Charitable Contribution$13,250
Flint Premier Soccer LLCFlint, MILLCSponsorship$10,000
Caledonia High SchoolCaledonia, MI501(c)(3)Charitable Contribution$7,500
Ionia Free Fair AssociationIonia, MI501(c)(3)Charitable Contribution$7,100
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$2,700,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share and Savings$731,748,237
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization has members.”

Form 990, Part VI, Section A, Line 7A

“The credit union's field of membership has authority to elect and re-elect the board of directors and the members of the supervisory committee every two years.”

Form 990, Part VI, Section A, Line 7B

“Members of the credit union have the right to approve the governing body's election of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

Form 990, Part VI, Section B, Line 11B

“We have engaged doeren mayhew to prepare form 990. Once they have completed a draft of the filing, the vice president of accounting will review the form. Once approved, form 990 is e-filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The organization has a conflict of interest clause in the employee handbook. This handbook is reviewed and signed by each employee each year.”

Form 990, Part VI, Section B, Line 15

“The board chair performs a review of the ceo, using input from the collective board of directors. The board chairman consults with the chro to determine average increases for the leadership team, then assigns the approved increase based on this average, taking into consideration the current market salary for the position, using compease. The ceo and executive v.p. Determine the salary for the cfo using the compensation program, compease"”

Form 990, Part VI, Section C, Line 19

“Governing documents and conflict of interest policies are not made available to the public. Quarterly financial statements are made available to the public on the ncua's website via the 5300 call report filing.”

Filing and Contact Details

Filer

Filer Name
Pfcu
EIN
38-1379433
Phone
5176477571
Address
9077 CHARLOTTE HIGHWAY, PORTLAND, MI 48875-8417

Signing Officer

Name
Tammy L Bengel
Title
CFO
Phone
5176477571
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele Makeley
Formed
1947
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
232
Volunteers
8

Preparer

Firm
Doeren Mayhew
Address
8785 SW 165TH AVENUE SUITE 303, MIAMI, FL 33193
Preparer
Aubrey Clegg
Phone
3052328272
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Pfcu added fednow instant payments to receive transactions only.”

Form 990, Part III, Line 3

“Pfcu stopped charging fees on 2nd representment of ach.”

Form 990, Part IX, Line 24E

“Maintenance 1,314,704. Miscellaneous 116,880. Training/development/education 43,155.”

Form 990, Part XII, Line 2C

“There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt, by statute (irc section 501(c)(14)), from federal and state income taxes.”

Raw XML AppendixShowing 400 of 668 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0AT THE END OF DECEMBER 2024, PFCU SERVED 55,780 MEMBERS WITH REGULAR SHARES, CLUB ACCOUNTS, SHARE DRAFTS, CERTIFICATES OF DEPOSIT, MONEY MARKETS AND INDIVIDUAL RETIREMENT ACCOUNTS. PFCU TOTAL ASSETS INCREASED FROM $807.3 MILLION AS OF DECEMBER 31, 2023 TO $818.1 MILLION AS OF DECEMBER 31, 2024.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8229483
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9353192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10162619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11176394
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12151736
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13240012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14153779
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRESURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF MEMBER EXPERIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF TECHNOLOGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF RISK OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt013900
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0151590
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt048550081
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt016
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01288194
IRS990/InsuranceGrp/TotalAmt0148957
IRS990/IntangibleAssetsGrp/BOYAmt03015170
IRS990/IntangibleAssetsGrp/EOYAmt02724290
IRS990/InterestGrp/TotalAmt09157702
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07437682
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07437682
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt037704600
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt038735600
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0151690588
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0118958417
IRS990/IRPDocumentCnt012064
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09671485
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010711598
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010230244
IRS990/LandBldgEquipCostOrOtherBssAmt019901729
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF PFCU IS TO DELIVER FINANCIAL WELL-BEING TO ITS MEMBERS BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES AT FAIR AND REASONABLE RATES AND TERMS ACCOMPANIED BY FIRST-RATE SERVICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt072601848
IRS990/NetAssetsOrFundBalancesEOYAmt082367619
IRS990/NetUnrelatedBusTxblIncmAmt063909
IRS990/NetUnrlzdGainsLossesInvstAmt04432598
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0636796
IRS990/OfficeExpensesGrp/TotalAmt03131381
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018944568
IRS990/OtherAssetsTotalGrp/EOYAmt030284547
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02924757
IRS990/OtherExpensesGrp/Desc0UNRELATED BUSINESS INCO
IRS990/OtherExpensesGrp/Desc1DEBIT/CREDIT EXPENSES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt09932
IRS990/OtherExpensesGrp/TotalAmt13631110
IRS990/OtherExpensesGrp/TotalAmt22307716
IRS990/OtherExpensesGrp/TotalAmt32269513
IRS990/OtherLiabilitiesGrp/BOYAmt0727460673
IRS990/OtherLiabilitiesGrp/EOYAmt0731748237
IRS990/OtherSalariesAndWagesGrp/TotalAmt010885812
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0501286715
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0500528205
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt099574
IRS990/PayrollTaxesGrp/TotalAmt0958042
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01107719
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02041535
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02401803
IRS990/PrincipalOfficerNm0MICHELE MAKELEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2520000
IRS990/ProgramServiceRevenueGrp/Desc0LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc1FEES/CHARGES/OTHER
IRS990/ProgramServiceRevenueGrp/Desc2FINANCE AND INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030136448
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110825937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030136448
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110825937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2150014
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0150014
IRS990/ProgSrvcAccomActy2Grp/Desc0AT THE END OF DECEMBER 2024 PFCU HAD 36,785 LOANS INCLUDING PERSONAL, HOME EQUITY, MORTGAGE, AND CREDIT CARD TYPES.
IRS990/ProgSrvcAccomActy3Grp/Desc0PFCU OFFERS AUTOMATED TELLER MACHINES AND VARIOUS INSURANCE PRODUCTS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt043514
IRS990/PYInvestmentIncomeAmt05162334
IRS990/PYOtherExpensesAmt023163254
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt036942502
IRS990/PYRevenuesLessExpensesAmt03732599
IRS990/PYSalariesCompEmpBnftPaidAmt015165469
IRS990/PYTotalExpensesAmt038372237
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt042104836
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt02700000
IRS990/ReconcilationRevenueExpnssAmt05333173
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt072601848
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt082367619
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074623704
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103893482
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06487557
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04573189
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011060746
IRS990ScheduleD/EquipmentGrp/BookValueAmt01359850
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04263846
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05623696
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt043216908
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02070794
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02070794
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0312043
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0834450
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01146493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0731748237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE AND SAVINGS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt048550081
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010230244
IRS990ScheduleD/TotalExpensesPerForm990Amt043216908
IRS990ScheduleD/TotalLiabilityAmt0731748237
IRS990ScheduleD/TotalRevenuePerForm990Amt048550081
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt048550081
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt043216908
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CASH FOR CLASSROOMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt126
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt113250
IRS990ScheduleI/RecipientTable/CashGrantAmt27500
IRS990ScheduleI/RecipientTable/CashGrantAmt37100
IRS990ScheduleI/RecipientTable/CashGrantAmt435000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0LLC
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3CHARITABLE CONTRIBUTION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$818,132,214
Liabilities
$735,764,595
Net assets
$82,367,619
Revenue
$48,550,081
Expenses
$43,216,908
Net income
$5,333,173
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$818$736$82.4$48.6$43.2$5.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$807$735$72.6$42.1$38.4$3.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$790$723$67.3$35.8$30.0$5.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$779$707$72.2$33.0$26.8$6.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$691$623$68.7$31.7$29.2$2.53
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$578$513$65.6$31.9$29.4$2.49
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$536$473$62.2$16.6$15.1$1.44
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)14 • $250M-$1B nonprofits