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PENAIR CREDIT UNION

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Public IRS 990 nonprofit record

PENAIR CREDIT UNION

EIN 59-0642991

What they do

THE CREDIT UNIONS MISSION is to PROMOTE THRIFT AMONG ITS MEMBERS, CREATING SOURCES of CREDIT AT A FAIR and REASONABLE RATES of INTEREST, and PROVIDING AN OPPORTUNITY for ITS MEMBERS to USE and CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS to IMPROVE THEIR ECONOMIC and SOCIAL CONDITION. THE CREDIT UNION SERVES MEMBERS IN BALDWIN or MOBILE COUNTIES IN ALABAMA and FROM ESCAMBIA to LEON COUNTIES IN FLORIDA. THE CREDIT UNION FURTHER SERVES MEMBERS JOINING THE CREDIT UNION AS A FRIEND of THE NAVY MARINE CORP RELIEF SOCIETY. THE TOTAL NUMBER of MEMBERS is IN EXCESS of 129,000.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$90.92spent for every $100 of revenueRevenue covered expenses this year.
$16.11in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $706,591 for DELBERT MORGAN (PRESIDENT CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$174,340,544
Expenses$158,515,785
Annual surplus $15,824,759 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$174,340,544
Expenses$158,515,785
Assets$2,554,438,294
Grants given$523,282
Average grant$47,571
Stocks and bonds$565,987,193
Accounting fees$344,101
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DELBERT MORGANPRESIDENT CEO · 40 hrs/week $706,591Base $656,949 · Other $49,642
CHRIS FUNKSVP/CHIEF LENDING OFFICER · 40 hrs/week $339,848Base $291,121 · Other $48,727
DERRICK AGUILARSVP/CHIEF EXPERIENCE OFFICER · 40 hrs/week $324,223Base $276,571 · Other $47,652
GALEN COUNSELMANSVP/CHIEF INFORMATION OFFICER · 40 hrs/week $324,163Base $276,716 · Other $47,447
DANA MULLINSSVP/CHIEF PEOPLE OFFICER · 40 hrs/week $323,160Base $268,136 · Other $55,024
ANDREW REYNOLDSSVP/CHIEF STRATEGY OFFICER · 40 hrs/week $320,565Base $280,028 · Other $40,537
CHARLES BLACKWELLSVP/CHIEF RISK OFFICER · 40 hrs/week $314,798Base $268,754 · Other $46,044
JOHN HUDDLESTONSVP/CHIEF FINANCIAL OFFICER · 40 hrs/week $268,893Base $232,776 · Other $36,117
DAVE GOOCHVP OF COMMERCIAL LENDING · 40 hrs/week $247,540Base $218,581 · Other $28,959
HUGH MANNSR. WEALTH ADVISOR · 40 hrs/week $245,541Base $219,462 · Other $26,079
MICHELLE JAMESVP OF DIGITAL TRANSFORMATION · 40 hrs/week $233,937Base $199,450 · Other $34,487
SANKUL SETHVP OF DATA ANALYTICS · 40 hrs/week $232,869Base $219,957 · Other $12,912

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

DELBERT MORGANPRESIDENT CEO

CHRIS FUNKSVP/CHIEF LENDING OFFICER

DERRICK AGUILARSVP/CHIEF EXPERIENCE OFFICER

GALEN COUNSELMANSVP/CHIEF INFORMATION OFFICER

DANA MULLINSSVP/CHIEF PEOPLE OFFICER

ANDREW REYNOLDSSVP/CHIEF STRATEGY OFFICER

CHARLES BLACKWELLSVP/CHIEF RISK OFFICER

JOHN HUDDLESTONSVP/CHIEF FINANCIAL OFFICER

DAVE GOOCHVP OF COMMERCIAL LENDING

HUGH MANNSR. WEALTH ADVISOR

MICHELLE JAMESVP OF DIGITAL TRANSFORMATION

SANKUL SETHVP OF DATA ANALYTICS

SCOTT BROWNAVP INFORMATION TECHNOLOGY

RYAN VANNVP OF CONSUMER LENDING

ANJE REIDVP MEMBER EXPERIENCE

STEPHEN OREILLYAVP SR WEALTH MANAGER

EVE NIMKARVP OF MARKETING

JENNIFER MURPHYFORMER VP OF MORTGAGE

JOHN HECKMANNAVP FINANCE & TREASURY

MEG RICHVP OF PROJECT MANAGEMENT

VICTORIA CHEATHAMVP OF RISK MANAGEMENT

RODNEY RANDLESR. WEALTH ADVISOR

DEBBIE KEMPVP OF CREDIT RESOLUTIONS

RANDY ROYBOARD OF DIRECTORS, SECRETARY

RICKY CREWSBOARD OF DIRECTORS, TREASURER

ROBERT JACOBSONBOARD OF DIRECTORS, CHAIR

RUTH ANN MCCALLBOARD OF DIRECTORS

GERALD ADCOXBOARD OF DIRECTORS

DONALD BAILEYBOARD OF DIRECTORS

STEPHANIE ORAMBOARD OF DIRECTORS, VICE CHAIR

About this charity

Location
1495 E NINE MILE ROAD, PENSACOLA, FL 32514
County
Escambia
In care of
JOHN HUDDLESTON
Primary officer
JOHN HUDDLESTON, SVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WARREN AVERETT LLC
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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