Gulf Winds Credit Union
Pensacola, FL 32534 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $76,972,087 | $69,136,567 | $89,124,462 |
| FY2023 | $63,015,859 | $55,442,538 | $76,808,953 |
| FY2022 | $51,125,321 | $42,641,634 | $66,264,435 |
| FY2021 | $45,342,070 | $39,287,810 | $89,247,827 |
| FY2020 | $41,997,576 | $39,119,691 | $86,982,389 |
| FY2019 | $40,811,222 | $35,457,592 | $84,072,492 |
| FY2018 | $6,382,373 | $6,650,998 | $76,853,784 |
Form 990 filings
The returns filed by Gulf Winds Credit Union (EIN 59-6143861), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $37,473,958 | 49% |
| Other revenue | $39,498,129 | 51% |
What the numbers show
- Other revenue made up 51% of total revenue in FY2024.
- Net assets covered about 15.5 months of expenses at the end of the reporting year. That puts it in the 60th percentile among 327 Public & Societal Benefit organizations in FL.
- Total revenue was higher than 99.1% of 337 Public & Societal Benefit organizations in FL.
- Total revenue rose from $6,382,373 in FY2018 to $76,972,087 in FY2024. Revenue increased in 6 and decreased in 0 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 7 reported years (FY2018).
- Net assets grew from $76,853,784 to $89,124,462 between FY2018 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATION OFFERS A SUITE OF FINANCIAL SERVICES TO MEMBERS IN FLORIDA, ALABAMA, AND GEORGIA.
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(14) |
| Program area (NTEE) | W61 — Public & Societal Benefit (in FL) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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