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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Innovations Financial Credit Union

Innovations Financial Credit Union

Fiscal year ending 2023. Filed on September 9, 2024.

910 Thomas Drive
Panama City, Florida 32408

Innovations Financial Credit Union (EIN: 59-0706843) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2023 IRS Form 990 filing, Innovations Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 86 total employees. Among the employees shown here, the average compensation is $263,024. The highest compensated employee at Innovations Financial Credit Union is David Southall with fiscal year 2023 compensation of $442,234.

Revenue, expenses, and employee compensation

Revenue

$26,668,120

Expenses

$22,311,716

Employee compensation

$8,347,309
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Southall
Chief Executive Officer
$442,234
$437,176 No related comp$5,058
Scott Gladden
Evpcoo
$372,751
$366,671 No related comp$6,080
Jeremy Hinton
Svpcfo
$306,697
$306,697 No related compNo other comp
David Powell
Director of BUS and MTG Lending
$218,331
$218,331 No related compNo other comp
Dan Chaplik
Director of Branch Operation
$218,331
$218,331 No related compNo other comp
Kenny Ray Mitchell
Market Leader
$212,840
$212,840 No related compNo other comp
Angie Burnett
Director of Projects
$185,193
$171,588 No related comp$13,605
Robert Guice
Marketing Director
$147,817
$147,817 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anita Broughton
Director
Craig Ellis
Chair
Josh Scribner
Secretary
Kenneth White
Director
Kristopher McLane
Treasurer
Nancy Luther
Vice Chair
Rob Fernandez
Director

Contractors

Jack Henry & Associates
Core and Card Proces
$561,588
Access Softek Inc.
Online Banking
$314,904
Doxim
Statements
$185,833
Jm Web Services
Marketing
$133,648
Wow
Internet
$121,403

Mission Statement

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.

Revisions to this organization profile

November 18, 2025:
2024 Innovations Financial Credit Union 990 filed
September 9, 2024:
2023 Innovations Financial Credit Union 990 filed
October 27, 2023:
2022 Innovations Financial Credit Union 990 filed

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