1. Directory
  2. Florida
  3. Mulberry
  4. Magnify Credit Union
EIN 59-0683250

Magnify Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
50
City
Mulberry
State
Florida
Year formed
1950
Most recent tax filings
2019-11-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Notice
This nonprofit is terminated or no longer active
Magnify Credit Union may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
Magnify Credit Union offers a wide variety of personal financial services exclusively to their members. They provide financial services exclusively to credit union members featuring competitive rates on loans & investments, and other products. Magnify Credit Union is dedicated to providing financial services exclusively to credit union members.
Related structure
Magnify Credit Union is child organization, under the parent exemption from State Charter Credit Unions in Florida Group Return.
Also known as...
State Chartered Credit Unions in Florida
Total revenues
$4,236,304
2018
Total expenses
$5,540,547
2018
Total assets
$78,761,886
2018
Num. employees
50
2018

Program areas at Magnify Credit Union

Providing financial services exclusively to credit union members featuring competitive rates on loans & investments, and other products

Personnel at Magnify Credit Union

NameTitleCompensation
John SantarpiaChief Executive Officer$683,156

Financials for Magnify Credit Union

RevenuesFYE 12/2018
Total grants, contributions, etc.$0
Program services$3,854,873
Investment income and dividends$473,544
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$62,878
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,236,304

Form 990s for Magnify Credit Union

Fiscal year endingDate received by IRSFormPDF link
2019-112021-06-07990View PDF
2018-122020-02-14990View PDF
2017-122018-09-12990View PDF
2016-122017-10-06990OView PDF
2015-122016-08-31990OView PDF
...and 6 more Form 990s
Data update history
October 2, 2021
Posted financials
Added Form 990 for fiscal year 2019
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2018
May 22, 2020
Updated personnel
Identified 2 new personnel
September 15, 2018
Used new vendors
Identified 1 new vendor, including
August 30, 2018
Posted financials
Added Form 990 for fiscal year 2017
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Partially liquidatedState / local levelTerminated
General information
Address
1010 N Church Ave
Mulberry, FL 33860
Metro area
Lakeland-Winter Haven, FL
County
Polk County, FL
Website URL
penfed.org/home 
Phone
(863) 425-5611
IRS details
EIN
59-0683250
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
Free account sign-up

Want updates when Magnify Credit Union has new information, or want to find more organizations like Magnify Credit Union?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy