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Innovations Financial Credit Union

501(c)
Research & Policy · PANAMA CITY, FL · EIN 59-0706843

About

To provide financial and lending services to individuals and businesses located within the counties of BAY, holmes, washington, jackson, calhoun, GULF, walton, okaloosa, franklin & liberty located in the state of florida.

Donations are NOT tax-deductible
Category
Research & Policy
Employees
112
Volunteers
8

Financial Snapshot

FY ending 2024-12-31
Revenue
$35.3M
Expenses
$32.8M
Assets
$615.0M
Liabilities
$573.4M

Financial history

$35.3M$17.7M$0
222324
RevenueExpenses
Latest FY2024: $35.3M · Avg: $28.2M
INNOVATIONS FINANCIAL CREDIT UNION
Your actions

Address

910 Thomas Drive
Panama City, FL, 32408-744

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.