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| Company Name: | PEN AIR CREDIT UNION EMPLOYEE HEALTH BENEFIT PLAN |
| Employer identification number (EIN): | 59-0642991 |
| EIN Issuing Authority | Brookhaven, NY |
| NAIC Classification: | 522130 |
| NAIC Description: | Credit Unions |
| 401k Pension/Benefits registration | PEN AIR CREDIT UNION EMPLOYEE HEALTH BENEFIT PLAN 401k plan information |
| Federal tax status | Exempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code |
| Mission Statement | THE OBJECT AND PURPOSE OF THIS CREDIT UNION IS A MEMBER-OWNED, NOT-FOR-PROFIT, ORGANIZATION, MANAGED BY A VOLUNTEER BOARD OF DIRECTORS AND ORGANIZED UNDER THE LAWS OF THE STATE OF FLORIDA, FOR THE PURPOSES OF ENCOURAGING 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. |
| Number of Employees | 444 |
| Number of Volunteers | 12 |
| Year Formed | 1936 |
| Legal Domicile | FL |
| Voting Members - Governing Body | 7 |
| Voting Members - Independent | 7 |
| 2022-12-31 | |
|---|---|
| Total unrelated business income | USD $ 86,820 |
| Net unrelated business income | USD $ 4,240 |
| Program Service Revenue from current year | USD $ 25,509,333 |
| Investment Income from current year | USD $ 4,592,938 |
| Other Revenue from current year | USD $ 541,829 |
| Gross receipts from all sources | USD $ 30,718,108 |
| Net assets / fund balances at end of fiscal year | USD $ 159,567,453 |
| Total liabilities at end of fiscal year | USD $ 2,209,510,920 |
| Total assets at end of fiscal year | USD $ 2,369,078,373 |
| Revenues less expenses for current year | USD $ 8,142,216 |
| Total expenses for current year | USD $ 22,501,884 |
| Other expenses in current year | USD $ 15,719,462 |
| Total fundraising expenses in current year | USD $ 0 |
| Professional fundraising fees from current year | USD $ 0 |
| Employee salary and benefits paid in current year | USD $ 6,688,990 |
| Benefits paid to or for members in current year | USD $ 0 |
| Grants and similar amounts paid in current year | USD $ 93,432 |
| Total revenue in current fiscal year | USD $ 30,644,100 |
| Contributions and grants from current year | USD $ 0 |
| Total of other revenue | USD $ 541,829 |
| PEN AIR CREDIT UNION |
The following addresses have been detected as associated with Tax Indentification Number 590642991
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