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Employer Identification Number 59-0706843

INNOVATIONS FCU is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:INNOVATIONS FCU
Employer identification number (EIN):59-0706843
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration INNOVATIONS FCU 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 Financials

2023-12-31
Total unrelated business incomeUSD $ 1,253,585
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,150,468
Program Service Revenue from current yearUSD $ 18,759,233
Investment Income from prior yearUSD $ 455,919
Investment Income from current yearUSD $ 770,351
Other Revenue from prior yearUSD $ 7,889,481
Other Revenue from current yearUSD $ 7,138,536
Gross receipts from all sourcesUSD $ 26,668,120
Net assets / fund balances at end of fiscal yearUSD $ 39,524,789
Net assets / fund balances at beginning of fiscal yearUSD $ 35,405,793
Total liabilities at end of fiscal yearUSD $ 388,872,129
Total liabilities at beginning of fiscal yearUSD $ 332,156,640
Total assets at end of fiscal yearUSD $ 428,396,918
Total assets at beginning of fiscal yearUSD $ 367,562,433
Revenues less expenses for current yearUSD $ 4,356,404
Revenues less expenses for previous yearUSD $ 6,548,655
Total expenses for current yearUSD $ 22,311,716
Total expenses for previous yearUSD $ 15,947,213
Other expenses in current yearUSD $ 13,964,407
Other expenses in previous yearUSD $ 8,143,759
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,347,309
Employee salary and benefits paid in previous yearUSD $ 7,803,454
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,668,120
Total revenue in previous fiscal yearUSD $ 22,495,868
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 7,138,536
2022-12-31
Total unrelated business incomeUSD $ 490,458
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 14,150,468
Investment Income from current yearUSD $ 455,919
Other Revenue from current yearUSD $ 7,889,481
Gross receipts from all sourcesUSD $ 22,495,868
Net assets / fund balances at end of fiscal yearUSD $ 35,405,793
Total liabilities at end of fiscal yearUSD $ 332,156,640
Total assets at end of fiscal yearUSD $ 367,562,433
Revenues less expenses for current yearUSD $ 6,548,655
Total expenses for current yearUSD $ 15,947,213
Other expenses in current yearUSD $ 8,143,759
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,803,454
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 22,495,868
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 7,889,481

Other Company Names associated with EIN

INNOVATIONS FINANCIAL CREDIT UNION

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 590706843

USA Location Address
910 THOMAS DR
PANAMA CITY
FL
324087442
Date first seen: 2011-05-05
Date last seen: 2017-07-26
USA Location Address
PO BOX 15529
PANAMA CITY
FL
324065529
Date first seen: 2018-05-29
Date last seen: 2019-05-22
USA Mailing Address
910 THOMAS DRIVE
PANAMA CITY
FL
32408
Date first seen: 2009-01-01
Date last seen: 2025-09-30

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