Fiscal year ending 2024. Filed on November 6, 2025.
1495 E Nine Mile Road
Pensacola, Florida 32514
Penair Credit Union (EIN: 59-0642991) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2024 IRS Form 990 filing, Penair Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 23 out of 453 total employees. Among the employees shown here, the average compensation is $261,667. The highest compensated employee at Penair Credit Union is Delbert Morgan with fiscal year 2024 compensation of $706,591.
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THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS, CREATING SOURCES OF CREDIT AT A FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. THE CREDIT UNION SERVES MEMBERS IN BALDWIN OR MOBILE COUNTIES IN ALABAMA AND FROM ESCAMBIA TO LEON COUNTIES IN FLORIDA. THE CREDIT UNION FURTHER SERVES MEMBERS JOINING THE CREDIT UNION AS A FRIEND OF THE NAVY MARINE CORP RELIEF SOCIETY. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 129,000.
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