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Public Employees Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$16.2M (2023)

Expenses
$10.8M (2023)

Total Assets
$426M (2023)

Total Liabilities
$383M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,225,684
Expenses
$10,794,806
Net Income
$5,430,878
Net Assets
$43,367,380
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,380,434
76.3%
Investment Income $3,845,250
23.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,322,658
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,656,190
24.6%
Assets/Debt
Total Assets $426,329,185
Total Liabilities $382,961,805
Net Assets $43,367,380
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $309,524 $0 $59,370
Marc Broddrick (Svp/Cfo) $175,621 $0 $28,872
Merrily Porter (General Counsel) $142,387 $0 $25,293
Andrew Curtin (Vp Information Technology) $140,341 $0 $24,630
Juan Facundo (Vice President Lending) $130,160 $0 $22,796
Scott Murphy (Vice President Marketing) $114,972 $0 $21,815
James Patterson (Vice President Operations) $106,821 $0 $20,057
Claire Mc Guinnes (Chair) $0 $0 $0
Patrick Marotta (Vice Chair) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Lc Wadle (Treasurer) $0 $0 $0
Leonard Reese (Director) $0 $0 $0
Jennifer Soldano (Director) $0 $0 $0
Renee Mauzy (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,631,570
Expenses
$9,114,827
Net Income
$5,516,743
Net Assets
$34,490,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,059,231
82.4%
Investment Income $2,572,339
17.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,243,717
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,468,205
27.1%
Assets/Debt
Total Assets $452,083,209
Total Liabilities $417,592,559
Net Assets $34,490,650
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $295,660 $0 $57,838
Marc Broddrick (Svp/Cfo) $165,810 $0 $27,616
Merrily Porter (General Counsel) $136,710 $0 $24,687
Juan Facundo (Vice President Lending) $125,111 $0 $22,141
Andrew Curtin (It Director) $115,942 $0 $22,068
Scott Murphy (Vice President Marketing) $108,515 $0 $21,068
James Patterson (Vice President Operations) $101,192 $0 $19,359
Claire Mc Guinnes (Chair) $0 $0 $0
Patrick Marotta (Vice Chair) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Lc Wadle (Treasurer) $0 $0 $0
Hal Ten Brink (Chair Emeritas) $0 $0 $0
Leonard Reese (Director) $0 $0 $0
Jennifer Soldano (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,615,864
Expenses
$8,115,232
Net Income
$2,500,632
Net Assets
$39,573,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,756,741
91.9%
Investment Income $859,127
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,044,271
12.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,449,740
30.2%
Assets/Debt
Total Assets $460,892,144
Total Liabilities $421,318,630
Net Assets $39,573,514
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $277,077 $0 $56,810
Marc Broddrick (Svp/Cfo) $156,020 $0 $26,561
Merrily Porter (General Counsel) $131,549 $0 $24,400
Juan Facundo (Vice President Lending) $120,488 $0 $21,486
Andrew Curtin (It Director) $106,029 $0 $21,585
Scott Murphy (Vp Marketing) $102,266 $0 $19,369
Lanny Wadle (Chairman) $0 $0 $0
Claire Mc Guinnes (Vice Chairman) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Lc Wadle (Treasurer) $0 $0 $0
Hal Ten Brink (Chairman Emeritus) $0 $0 $0
Patrick Marotta (Director) $0 $0 $0
Leonard Reese (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,481,100
Expenses
$9,068,654
Net Income
$2,412,446
Net Assets
$38,666,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,388,108
90.5%
Investment Income $1,092,992
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $892,330
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,556,147
28.2%
Assets/Debt
Total Assets $398,847,948
Total Liabilities $360,181,336
Net Assets $38,666,612
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $258,404 $0 $55,927
Marc Broddrick (Svp/Cfo) $147,101 $0 $25,050
Merrily Porter (General Counsel) $126,279 $0 $23,545
Juan Facundo (Vice President Lending) $115,636 $0 $20,681
Andrew Curtin (It Director) $100,026 $0 $19,681
Lanny Wadle (Chairman) $0 $0 $0
Claire Mc Guinnes (Vice Chairman) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Lc Wadle (Treasurer) $0 $0 $0
Hal Ten Brink (Chairman Emeritus) $0 $0 $0
Patrick Marotta (Director) $0 $0 $0
Leonard Reese (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,766,290
Expenses
$9,623,729
Net Income
$3,142,561
Net Assets
$35,350,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,883,027
85.2%
Investment Income $1,881,300
14.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,963
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $756,833
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,572,459
26.7%
Assets/Debt
Total Assets $350,675,163
Total Liabilities $315,324,414
Net Assets $35,350,749
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $253,121 $0 $52,155
Marc Broddrick (Svp/Cfo) $143,702 $0 $24,291
Merrily Porter (General Counsel) $126,061 $0 $22,362
Juan Facundo (Vice President Lending) $115,431 $0 $19,710
Lanny Wadle (Chairman) $0 $0 $0
Will Etheredge (Vice Chairman) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Claire Mc Guinness (Treasurer) $0 $0 $0
Hal Ten Brink (Chairman Emeritus) $0 $0 $0
L C Wadle (Director) $0 $0 $0
Patrick Marotta (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,164,817
Expenses
$8,844,702
Net Income
$3,320,115
Net Assets
$30,977,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,563,180
86.8%
Investment Income $1,601,678
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$41
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $690,676
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,500,600
28.3%
Assets/Debt
Total Assets $339,009,237
Total Liabilities $308,032,022
Net Assets $30,977,215
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $228,334 $0 $47,607
Marc Broddrick (Svp/Cfo) $130,189 $0 $22,378
Merrily Porter (General Counsel) $116,596 $0 $20,855
Juan Facundo (Vice President Lending) $106,426 $0 $18,291
David Burrell (Chairman) $0 $0 $0
Lanny Wadle (Vice Chairman) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Claire Mc Guinness (Treasurer) $0 $0 $0
Hal Ten Brink (Chairman Emeritus) $0 $0 $0
Will Etheredge (Director) $0 $0 $0
L C Wadle (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,798,289
Expenses
$8,549,076
Net Income
$2,249,213
Net Assets
$27,952,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,373,121
86.8%
Investment Income $1,396,907
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,261
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $654,759
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,399,403
28.1%
Assets/Debt
Total Assets $336,920,042
Total Liabilities $308,967,817
Net Assets $27,952,225
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $214,396 $0 $45,543
Marc Broddrick (Svp/Cfo) $123,714 $0 $20,578
Merrily Porter (General Counsel) $112,199 $0 $18,375
Juan Facundo (Vice President Lending) $102,504 $0 $17,451
David Burrell (Chairman) $0 $0 $0
Lanny Waddell (Vice Chairman) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Will Etheredge (Director) $0 $0 $0
Claire Mc Guinness (Treasurer) $0 $0 $0
Hal Ten Brink (Director) $0 $0 $0
L C Wadle (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,052,899
Expenses
$8,226,773
Net Income
$1,826,126
Net Assets
$25,714,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,102,029
80.6%
Investment Income $1,349,852
13.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $601,018
6.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $508,788
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,433,235
29.6%
Assets/Debt
Total Assets $326,728,971
Total Liabilities $301,014,228
Net Assets $25,714,743
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $200,158 $0 $44,183
Marc Broddrick (Svp/Cfo) $117,598 $0 $18,921
Merrily Porter (General Counsel) $108,756 $0 $19,172
David Burrell (Chairman) $0 $0 $0
Lanny Waddell (Vice Chairman) $0 $0 $0
Jennifer Soldano (Treasurer) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Will Etheredge (Director) $0 $0 $0
Claire Mc Guinness (Director) $0 $0 $0
Hal Ten Brink (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,147,770
Expenses
$8,104,091
Net Income
$1,043,679
Net Assets
$23,782,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,651,886
83.6%
Investment Income $1,303,001
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $192,883
2.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $338,498
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,621,566
32.3%
Assets/Debt
Total Assets $310,089,403
Total Liabilities $286,307,163
Net Assets $23,782,240
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $182,867 $0 $42,193
Marc Broddrick (Svp/Cfo) $110,961 $0 $17,980
Merrily Porter (General Counsel) $105,594 $0 $17,576
David Burrell (Chairman) $0 $0 $0
Lanny Waddell (Vice Chairman) $0 $0 $0
Jennifer Soldano (Treasurer) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Will Etheredge (Director) $0 $0 $0
Claire Mc Guinness (Director) $0 $0 $0
Hal Ten Brink (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,374,469
Expenses
$8,146,277
Net Income
$1,228,192
Net Assets
$23,001,484
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,546,079
80.5%
Investment Income $1,719,691
18.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,769
0.0%
Net Inventory Sales $0
Other Revenue $106,930
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $322,932
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,577,241
31.6%
Assets/Debt
Total Assets $295,584,331
Total Liabilities $272,582,847
Net Assets $23,001,484
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $174,955 $0 $25,888
Marc Broddrick (Svp/Cfo) $104,699 $0 $17,390
Anthony Gallo (It Director) $102,015 $0 $17,126
Merrily Porter (General Counsel) $101,684 $0 $17,139
David Burrell (Chairman) $0 $0 $0
Lanny Waddell (Vice Chairman) $0 $0 $0
Jennifer Soldano (Treasurer) $0 $0 $0
Tommy Gregg (Secretary) $0 $0 $0
Will Etheredge (Director) $0 $0 $0
Claire Mc Guinness (Director) $0 $0 $0
Hal Ten Brink (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,055,727
Expenses
$7,838,070
Net Income
$1,217,657
Net Assets
$19,954,689
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,379,383
81.5%
Investment Income $1,756,065
19.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$79,721
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $311,641
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,592,061
33.1%
Assets/Debt
Total Assets $285,445,771
Total Liabilities $265,491,082
Net Assets $19,954,689
Compensation
Key Employees and Officers Compensation Related Other
Gary Whitcomb (President/Ceo) $165,655 $0 $39,037
Marc Broddrick (Svp/Cfo) $97,683 $0 $9,266
Hal Ten Brink (Chairman Of The Board) $0 $0 $0
David Burrell (Vice Chairman) $0 $0 $0
Lanny Wadle (Secretary) $0 $0 $0
Tommy Gregg (Director) $0 $0 $0
Jennifer Soldano (Treasurer) $0 $0 $0
Claire Mc Guinnes (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,205,126
Expenses
$8,381,269
Net Income
$823,857
Net Assets
$21,847,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,754,624
84.2%
Investment Income $1,443,138
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,364
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $226,558
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,583,466
30.8%
Assets/Debt
Total Assets $281,151,141
Total Liabilities $259,303,482
Net Assets $21,847,659

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,286,463
Expenses
$8,378,319
Net Income
$908,144
Net Assets
$267,270,859
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,286,463
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $251,476
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,481,841
29.6%
Assets/Debt
Total Assets $268,015,108
Total Liabilities $744,249
Net Assets $267,270,859

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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