INNOVATIONS FINANCIAL CREDIT UNION
PANAMA CITY,
Florida,
32408
EIN: 59-0706843
Public, Society Benefit - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
910 THOMAS DR
32408
COUNTY
bay county, FL
ORGANIZATIONAL OVERVIEW & RANKINGS
INNOVATIONS FINANCIAL CREDIT UNION is a based in PANAMA CITY, FL, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Credit Unions. Established in February 2023, it operates as an independent association and contributions are not tax-deductible .
With total assets of $428,396,918.00, this ranks 2,982 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 124 out of 155,377 organizations in FL (Top 1%).
In bay county, FL, the organization ranks 1 out of 1,296 nonprofits by assets (Top 1%), while locally in panama city, it stands at 1 among 796 organizations (Top 1%).
The organization reported annual revenue of $26,668,120.00, ranking 14,153 nationally (Top 1%) and 618 in FL (Top 1%).
Within its specific NTEE classification (W61 - W: Public, Society Benefit - Multipurpose and Other), which includes 211 similar organizations, INNOVATIONS FINANCIAL CREDIT UNION ranks 51 in assets (Top 20%) and 48 in revenue (Top 19%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
Credit Union
ACTIVITY CODES
N/A
NTEE COMMON CODE
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W61: Credit Unions
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$26,668,120.00
FORM 990 REVENUE AMOUNT
$26,668,120.00
RULING DATE
02/2023
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$428,396,918.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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