EIN 58-0147125

Pinnacle Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
32
State
Year formed
1926
Most recent tax filings
2022-12-01
Description
Pinnacle Credit Union promotes thrift among its members and creates a source of credit for them through a state-chartered cooperative association. As a not-for-profit organization, profits are returned to members in the form of better rates on savings, lower interest rates on loans, and fewer fees. The credit union is owned by its members and provides mortgage, vehicle, and other consumer loans to its membership. It is located in Atlanta, GA.
Related structure
Pinnacle Credit Union is child organization, under the parent exemption from Georgia Credit Union League.
Total revenues
$5,871,610
2022
Total expenses
$4,461,601
2022
Total assets
$92,125,054
2022
Num. employees
32
2022

Program areas at Pinnacle Credit Union

Pinnacle is a state chartered cooperative association organized for the purpose of promoting thrift among, and creating a source of Credit for its members. The Credit Union provides mortgage, vehicle and other consumer loans to its membership. The Credit Union also offers a variety of accounts for members to transact and save including share and share draft accounts and share certificates. As a member-owned organization, the Credit Union strives to provide competitive interest and dividend rates to its membership and convenient ways to access their accounts, including online and mobile banking and shared branching services.

Personnel at Pinnacle Credit Union

NameTitleCompensation
Matthew SelkePresident and Chief Executive Officer$191,089
Amanda KnodelChief Operating Officer$111,974
David ReesChief Financial Officer$107,333
Gonzalo GomezChief Information Officer$116,356
Linnette PadinChief Loan Officer / Clo$145,704
...and 7 more key personnel

Financials for Pinnacle Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,712,306
Investment income and dividends$402,675
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,756,629
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,871,610

Form 990s for Pinnacle Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122023-04-11990View PDF
2019-122021-06-08990View PDF
2018-122020-02-05990View PDF
...and 9 more Form 990s

Organizations like Pinnacle Credit Union

OrganizationLocationRevenue
Mygeorgia Credit UnionGainesville, GA$10,094,883
Credit Union of GeorgiaKennesaw, GA$25,375,491
Members United Credit UnionAlbany, GA$3,333,305
Core Credit UnionStatesboro, GA$6,307,163
Health Center Credit UnionAugusta, GA$3,984,525
North Georgia Credit UnionToccoa, GA$5,525,029
Fort Gordon and Community Credit UnionFort Gordon, GA$2,424,668
Emory Alliance Credit UnionRantoul, IL$8,484,479
Family First Credit UnionAtlanta, GA$6,081,571
North Main Credit UnionCornelia, GA$1,711,537
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 1 new personnel
October 4, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1342 Glenwood Ave Se
Atlanta, GA 30316
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
Website URL
pinnaclecu.org/ 
Phone
(404) 888-1648
IRS details
EIN
58-0147125
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1926
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
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