Totals
- Total revenue
- $23,271,400
- Total expenses
- $21,679,687
- Contributions and grants received
- $21,374
- Grants paid
- $37,822
- Program service revenue
- $18,251,573
- Investment income
- $4,983,759
- Other revenue
- $14,694
- Total assets, end of year
- $468,092,393
- Total liabilities, end of year
- $423,327,743
- Net assets or fund balances, end of year
- $44,764,650
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$21,374
-
2a · Program service revenue: INTEREST ON LOANS
total $15,287,214 · related or exempt $15,287,214
-
2b · Program service revenue: INTERCHANGE INCOME
total $1,652,357 · related or exempt $1,652,357
-
2c · Program service revenue: INSURANCE/WARRANTY SALES
total $838,701 · related or exempt $773,208 · unrelated business $65,493
-
2d · Program service revenue: FEE INCOME
total $473,301 · related or exempt $473,301
-
3 · Investment income
total $5,057,806 · excluded $5,057,806
-
6a · Gross rents
real property $4,800
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $4,800
-
6d · Net rental income or loss
total $4,800 · excluded $4,800
-
7a · Gross sales of assets other than inventory
securities $7,400,204 · other assets $39,897
-
7b · Less cost or other basis and sales expenses
securities $7,472,819 · other assets $41,329
-
7c · Gain or loss
securities -$72,615 · other assets -$1,432
-
7d · Net gain or loss
total -$74,047 · excluded -$74,047
-
8a · Fundraising events: gross income
$25,940
-
8a · Fundraising events: contributions included on line 1c
$21,374
-
8b · Fundraising events: direct expenses
$25,701
-
8c · Net income from fundraising events
total $239 · excluded $239
-
9a · Gaming: gross income
$9,655
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $9,655 · excluded $9,655
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $37,822
-
5 · Compensation of officers, directors and key employees
total $485,431
-
7 · Other salaries and wages
total $2,915,762
-
8 · Pension plan contributions
total $183,000
-
9 · Other employee benefits
total $546,676
-
10 · Payroll taxes
total $263,525
-
11c · Fees: accounting
total $32,272
-
11g · Fees: other
total $148,298
-
12 · Advertising and promotion
total $113,876
-
13 · Office expenses
total $234,967
-
14 · Information technology
total $535,564
-
16 · Occupancy
total $297,863
-
17 · Travel
total $12,572
-
19 · Conferences, conventions and meetings
total $102,970
-
20 · Interest
total $3,012,998
-
22 · Depreciation, depletion and amortization
total $248,990
-
23 · Insurance
total $67,836
-
24a · Other expenses: DIVIDENDS ON MEMBER SHA
total $9,562,974
-
24b · Other expenses: LOAN SERVICING EXPENSE
total $1,103,966
-
24c · Other expenses: DEBIT CARD EXPENSE
total $670,363
-
24d · Other expenses: PROVISION FOR LOAN LOSS
total $623,162
-
24e · All other expenses
total $478,800
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,769,556 · end of year $3,425,925
-
2 · Savings and temporary cash investments
beginning of year $9,564,217 · end of year $4,743,917
-
4 · Accounts receivable
beginning of year $1,016,707 · end of year $1,058,938
-
7 · Other notes and loans receivable
beginning of year $319,980,701 · end of year $331,361,560
-
9 · Prepaid expenses and deferred charges
beginning of year $280,442 · end of year $268,654
-
10a · Land, buildings and equipment: cost or other basis
$9,141,934
-
10b · Land, buildings and equipment: accumulated depreciation
$3,147,584
-
10c · Land, buildings and equipment, net
beginning of year $5,912,341 · end of year $5,994,350
-
11 · Investments: publicly traded securities
beginning of year $83,504,573 · end of year $90,265,541
-
12 · Investments: other securities
beginning of year $11,873,904 · end of year $12,585,143
-
15 · Other assets
beginning of year $15,210,970 · end of year $18,388,365
-
17 · Accounts payable and accrued expenses
beginning of year $5,970,846 · end of year $4,098,785
-
21 · Escrow or custodial account liability
beginning of year $173,323 · end of year $161,242
-
23 · Secured mortgages and notes payable
beginning of year $54,698,127 · end of year $47,953,436
-
25 · Other liabilities
beginning of year $346,602,948 · end of year $371,114,280
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $5,000,000 · end of year $5,000,000
-
31 · Retained earnings, endowment or other funds
beginning of year $37,668,167 · end of year $39,764,650
Mission and programs · 2024
Mission
PCM CREDIT UNION IS A STRONG FINANCIAL COOPERATIVE THAT GOES ABOVE AND BEYOND PROVIDING MEMBER-OWNERS BENEFITS AND ADVANTAGES OVER OTHER FINANCIAL INSTITUTIONS.
-
WE FUNDED 2,580 LOANS DURING 2024. WE HAD 2,364 MORTGAGES/HOME EQUITY LINES, 5,175 CONSUMER LOANS. WE ALSO HAD 4,744 CREDIT CARDS ACCOUNTS WITH OUR MEMBERS AT 12/31.
-
WE HAVE DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS WITH 14,993 MEMBERS AT 12/31/24. DURING 2024, WE OPENED 6,900 NEW DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS.
As filed on the 2024 return.
Listed in Part VII
-
Dave MurrayDAVE MURRAY
CHAIRPERSON
- Total calculated
- $1,274
- From this org
- $1,274
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Karen SylvesterKAREN SYLVESTER
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Phillip GiesePHILLIP GIESE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Deb BarlamentDEB BARLAMENT
DIRECTOR
- Total calculated
- $1,696
- From this org
- $1,696
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Jeff BurichJEFF BURICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert HatszegiROBERT HATSZEGI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marlis KlimekMARLIS KLIMEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betty MasonBETTY MASON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim ZittlowJIM ZITTLOW
DIRECTOR (THRU 03/24)
- Total calculated
- $0
- Hours/week
- 1
-
Shelly MellenbergerSHELLY MELLENBERGER
PRESIDENT
- Total calculated
- $314,389
- From this org
- $285,213
- From related orgs
- $0
- Other
- $29,176
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $266,441
- Bonus
- $18,772
- Other
- $0
- Deferred
- $19,349
- Nontaxable benefits
- $9,827
- Filer's total
- $314,389
-
Samantha IstedSAMANTHA ISTED
VICE PRESIDENT OF FINANCE
- Total calculated
- $168,072
- From this org
- $144,462
- From related orgs
- $0
- Other
- $23,610
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,842
- Bonus
- $9,620
- Other
- $0
- Deferred
- $1,553
- Nontaxable benefits
- $22,057
- Filer's total
- $168,072
-
Joseph WollinJOSEPH WOLLIN
VICE PRESIDENT LENDING
- Total calculated
- $176,135
- From this org
- $138,619
- From related orgs
- $0
- Other
- $37,516
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,427
- Bonus
- $10,192
- Other
- $0
- Deferred
- $10,851
- Nontaxable benefits
- $26,665
- Filer's total
- $176,135
-
Christina ConnellCHRISTINA CONNELL
VICE PRESIDENT OF HUMAN RESOURCES
- Total calculated
- $130,484
- From this org
- $113,103
- From related orgs
- $0
- Other
- $17,381
- Hours/week
- 40
-
Lesley EnzLESLEY ENZ
SENIOR DIRECTOR OF MARKETING
- Total calculated
- $121,728
- From this org
- $109,804
- From related orgs
- $0
- Other
- $11,924
- Hours/week
- 40
-
George RosendaulGEORGE ROSENDAUL
IT DIRECTOR
- Total calculated
- $119,975
- From this org
- $104,645
- From related orgs
- $0
- Other
- $15,330
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- ALL BOARD MEMBERS ARE ELIGIBLE TO USE THE TRAVEL FOR COMPANIONS PROGRAM. IN YEARS OF USE, THE ORGANIZATION WILL ISSUE A 1099-NEC AND THE COMPENSATION IS CONSIDERED TAXABLE COMPENSATION. DURING 2024, THE FOLLOWING BOARD MEMBERS RECEIVED THE TRAVEL FOR COMPANIONS BENEFIT: - DAVE MURRAY $1,274 - DEB BARLAMENT $1,696
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531259349303153
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