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Employer Identification Number 13-1726048

PROGRESSIVE CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PROGRESSIVE CREDIT UNION
Employer identification number (EIN):13-1726048
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration PROGRESSIVE CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPROGRESSIVE CREDIT UNION IS CHARTERED UNDER THE NEW YORK BANKING LAW. THE ORGANIZATION IS A COOPERATIVE INSTITUTION & EXISTS FOR THE FINANCIAL SRVCS. BENEFIT OF ITS MEMBERS.
Number of Employees50
Number of Volunteers4
Year Formed1918

Organization Governance

Legal DomicileNY
Voting Members - Governing Body5
Voting Members - Independent3

Organization Financials

2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 39,759
Program Service Revenue from prior yearUSD $ 19,409,091
Program Service Revenue from current yearUSD $ 15,558,890
Investment Income from prior yearUSD $ 160,275
Investment Income from current yearUSD $ 6,750,092
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 47,341,579
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 92,662,790
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 376,365,772
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 469,028,562
Revenues less expenses for current yearUSD $ -137,798,351
Revenues less expenses for previous yearUSD $ -97,178,320
Total expenses for current yearUSD $ 160,107,333
Total expenses for previous yearUSD $ 116,747,686
Other expenses in current yearUSD $ 153,333,122
Other expenses in previous yearUSD $ 110,267,450
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,774,211
Employee salary and benefits paid in previous yearUSD $ 6,480,236
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 22,308,982
Total revenue in previous fiscal yearUSD $ 19,569,366
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,373,411
Program Service Revenue from current yearUSD $ 19,409,091
Investment Income from prior yearUSD $ 1,091,924
Investment Income from current yearUSD $ 160,275
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 20,174,984
Net assets / fund balances at end of fiscal yearUSD $ 92,662,790
Net assets / fund balances at beginning of fiscal yearUSD $ 190,582,028
Total liabilities at end of fiscal yearUSD $ 376,365,772
Total liabilities at beginning of fiscal yearUSD $ 401,195,965
Total assets at end of fiscal yearUSD $ 469,028,562
Total assets at beginning of fiscal yearUSD $ 591,777,993
Revenues less expenses for current yearUSD $ -97,178,320
Revenues less expenses for previous yearUSD $ -57,380,793
Total expenses for current yearUSD $ 116,747,686
Total expenses for previous yearUSD $ 83,846,128
Other expenses in current yearUSD $ 110,267,450
Other expenses in previous yearUSD $ 76,822,528
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,480,236
Employee salary and benefits paid in previous yearUSD $ 7,012,600
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 11,000
Total revenue in current fiscal yearUSD $ 19,569,366
Total revenue in previous fiscal yearUSD $ 26,465,335
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 31,875,240
Program Service Revenue from current yearUSD $ 25,373,411
Investment Income from prior yearUSD $ 778,269
Investment Income from current yearUSD $ 1,091,924
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 44,510,335
Net assets / fund balances at end of fiscal yearUSD $ 190,582,028
Net assets / fund balances at beginning of fiscal yearUSD $ 248,605,478
Total liabilities at end of fiscal yearUSD $ 401,195,965
Total liabilities at beginning of fiscal yearUSD $ 397,737,087
Total assets at end of fiscal yearUSD $ 591,777,993
Total assets at beginning of fiscal yearUSD $ 646,342,565
Revenues less expenses for current yearUSD $ -57,380,793
Revenues less expenses for previous yearUSD $ -19,497,128
Total expenses for current yearUSD $ 83,846,128
Total expenses for previous yearUSD $ 52,150,637
Other expenses in current yearUSD $ 76,822,528
Other expenses in previous yearUSD $ 45,111,144
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,012,600
Employee salary and benefits paid in previous yearUSD $ 7,031,493
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 11,000
Grants and similar amounts paid in previous yearUSD $ 8,000
Total revenue in current fiscal yearUSD $ 26,465,335
Total revenue in previous fiscal yearUSD $ 32,653,509
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,418,873
Program Service Revenue from current yearUSD $ 31,875,240
Investment Income from prior yearUSD $ 424,981
Investment Income from current yearUSD $ 778,269
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 32,653,509
Net assets / fund balances at end of fiscal yearUSD $ 248,605,478
Net assets / fund balances at beginning of fiscal yearUSD $ 269,175,367
Total liabilities at end of fiscal yearUSD $ 397,737,087
Total liabilities at beginning of fiscal yearUSD $ 430,271,717
Total assets at end of fiscal yearUSD $ 646,342,565
Total assets at beginning of fiscal yearUSD $ 699,447,084
Revenues less expenses for current yearUSD $ -19,497,128
Revenues less expenses for previous yearUSD $ 9,977,216
Total expenses for current yearUSD $ 52,150,637
Total expenses for previous yearUSD $ 24,866,638
Other expenses in current yearUSD $ 45,111,144
Other expenses in previous yearUSD $ 14,509,437
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,031,493
Employee salary and benefits paid in previous yearUSD $ 10,350,201
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,000
Grants and similar amounts paid in previous yearUSD $ 7,000
Total revenue in current fiscal yearUSD $ 32,653,509
Total revenue in previous fiscal yearUSD $ 34,843,854
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 33,922,365
Program Service Revenue from current yearUSD $ 34,418,873
Investment Income from prior yearUSD $ 406,809
Investment Income from current yearUSD $ 424,981
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 34,843,854
Net assets / fund balances at end of fiscal yearUSD $ 269,175,367
Net assets / fund balances at beginning of fiscal yearUSD $ 260,178,772
Total liabilities at end of fiscal yearUSD $ 430,271,717
Total liabilities at beginning of fiscal yearUSD $ 421,822,867
Total assets at end of fiscal yearUSD $ 699,447,084
Total assets at beginning of fiscal yearUSD $ 682,001,639
Revenues less expenses for current yearUSD $ 9,977,216
Revenues less expenses for previous yearUSD $ 18,705,857
Total expenses for current yearUSD $ 24,866,638
Total expenses for previous yearUSD $ 15,623,317
Other expenses in current yearUSD $ 14,509,437
Other expenses in previous yearUSD $ 9,440,475
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,350,201
Employee salary and benefits paid in previous yearUSD $ 6,171,592
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,000
Grants and similar amounts paid in previous yearUSD $ 11,250
Total revenue in current fiscal yearUSD $ 34,843,854
Total revenue in previous fiscal yearUSD $ 34,329,174
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0

Other Company Names associated with EIN

NEW YORK STATE CHARTERED

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 131726048

USA Location Address
131 WEST 33RD STREET 7TH FLOOR
NEW YORK
NY
10001
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
131 W 33RD ST FL 7
NEW YORK
NY
100012908
Date first seen: 2011-06-06
Date last seen: 2019-05-08
USA Mailing Address
370 7TH AVE SUITE 1400
NEW YORK
NY
10001
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
C/O PENTAGON FEDERAL CREDIT UNION
2930 EISENHOWER AVENUE
ALEXANDRIA
VA
22314
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Location Address
PO BOX 1432
ALEXANDRIA
VA
223131432
Date first seen: 2020-07-09
Date last seen: 2020-07-09

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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