Penair Credit Union
Pensacola, FL · EIN 59-0642991 · Rank 3,354 by total revenue
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.
Money, Form 990 for tax year 2024
- Total revenue
- $174,340,544
- Total expenses
- $158,515,785
- Total assets
- $2,554,438,294
- Salary base (all salaries and wages)
- $27,185,420
- Salaries, other pay and benefits
- $35,205,755
- Employees
- 453
- Salary base per employee
- $60,012
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (25)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Delbert Morgan | PRESIDENT CEO | Officer | 40 | $706,591 |
| Chris Funk | SVP/CHIEF LENDING OFFICER | Officer | 40 | $339,848 |
| Derrick Aguilar | SVP/CHIEF EXPERIENCE OFFICER | Officer | 40 | $324,223 |
| Galen Counselman | SVP/CHIEF INFORMATION OFFICER | Officer | 40 | $324,163 |
| Dana Mullins | SVP/CHIEF PEOPLE OFFICER | Officer | 40 | $323,160 |
| Andrew Reynolds | SVP/CHIEF STRATEGY OFFICER | Officer | 40 | $320,565 |
| Charles Blackwell | SVP/CHIEF RISK OFFICER | Officer | 40 | $314,798 |
| John Huddleston | SVP/CHIEF FINANCIAL OFFICER | Officer | 40 | $268,893 |
| Dave Gooch | VP OF COMMERCIAL LENDING | Key employee | 40 | $247,540 |
| Michelle James | VP OF DIGITAL TRANSFORMATION | Key employee | 40 | $233,937 |
| Sankul Seth | VP OF DATA ANALYTICS | Key employee | 40 | $232,869 |
| Ryan Vann | VP OF CONSUMER LENDING | Key employee | 40 | $214,134 |
| Anje Reid | VP MEMBER EXPERIENCE | Key employee | 40 | $213,377 |
| Eve Nimkar | VP OF MARKETING | Key employee | 40 | $199,995 |
| Jennifer Murphy | FORMER VP OF MORTGAGE | Key employee | 40 | $199,414 |
| Meg Rich | VP OF PROJECT MANAGEMENT | Key employee | 40 | $183,644 |
| Victoria Cheatham | VP OF RISK MANAGEMENT | Key employee | 40 | $178,053 |
| Debbie Kemp | VP OF CREDIT RESOLUTIONS | Key employee | 40 | $166,777 |
| Robert Jacobson | BOARD OF DIRECTORS, CHAIR | Board | 4 | None reported |
| Stephanie Oram | BOARD OF DIRECTORS, VICE CHAIR | Board | 4 | None reported |
| Ricky Crews | BOARD OF DIRECTORS, TREASURER | Board | 4 | None reported |
| Randy Roy | BOARD OF DIRECTORS, SECRETARY | Board | 4 | None reported |
| Donald Bailey | BOARD OF DIRECTORS | Board | 4 | None reported |
| Ruth Ann McCall | BOARD OF DIRECTORS | Board | 4 | None reported |
| Gerald Adcox | BOARD OF DIRECTORS | Board | 4 | None reported |
Top 10 paid people listed
These 10 people received $3,415,322, which is 12.6% of the $27,185,420 salary base shared by 453 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Delbert Morgan | PRESIDENT CEO | Officer | 40 | $656,949 | $0 | $49,642 | $706,591 |
| Chris Funk | SVP/CHIEF LENDING OFFICER | Officer | 40 | $291,121 | $0 | $48,727 | $339,848 |
| Derrick Aguilar | SVP/CHIEF EXPERIENCE OFFICER | Officer | 40 | $276,571 | $0 | $47,652 | $324,223 |
| Galen Counselman | SVP/CHIEF INFORMATION OFFICER | Officer | 40 | $276,716 | $0 | $47,447 | $324,163 |
| Dana Mullins | SVP/CHIEF PEOPLE OFFICER | Officer | 40 | $268,136 | $0 | $55,024 | $323,160 |
| Andrew Reynolds | SVP/CHIEF STRATEGY OFFICER | Officer | 40 | $280,028 | $0 | $40,537 | $320,565 |
| Charles Blackwell | SVP/CHIEF RISK OFFICER | Officer | 40 | $268,754 | $0 | $46,044 | $314,798 |
| John Huddleston | SVP/CHIEF FINANCIAL OFFICER | Officer | 40 | $232,776 | $0 | $36,117 | $268,893 |
| Dave Gooch | VP OF COMMERCIAL LENDING | Key employee | 40 | $218,581 | $0 | $28,959 | $247,540 |
| Hugh Mann | SR. WEALTH ADVISOR | Highly paid employee | 40 | $219,462 | $0 | $26,079 | $245,541 |
Sources
- IRS e-file return 202523109349302312 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 59-0642991
- Organization website (as filed): www.penair.org