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Employer Identification Number 56-0475645

STATE EMPLOYEES CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:STATE EMPLOYEES CREDIT UNION
Employer identification number (EIN):56-0475645
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration STATE EMPLOYEES CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationGeorgia, GA

Organization Overview

Mission StatementIMPROVE ECONOMIC LIFE, SOCIAL CONDITION, PROVIDE CREDIT & BROADEN ECONOMIC AWARENESS.
Number of Employees6664
Number of Volunteers3239
Year Formed1937

Organization Governance

Legal DomicileNC
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 106,549,484
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,534,778,522
Program Service Revenue from current yearUSD $ 1,775,365,587
Investment Income from prior yearUSD $ 130,302,246
Investment Income from current yearUSD $ 402,643,859
Other Revenue from prior yearUSD $ -1,757,578
Other Revenue from current yearUSD $ -1,517,694
Gross receipts from all sourcesUSD $ 2,215,509,222
Net assets / fund balances at end of fiscal yearUSD $ 4,052,431,985
Net assets / fund balances at beginning of fiscal yearUSD $ 3,695,663,394
Total liabilities at end of fiscal yearUSD $ 45,572,981,504
Total liabilities at beginning of fiscal yearUSD $ 49,499,633,455
Total assets at end of fiscal yearUSD $ 49,625,413,489
Total assets at beginning of fiscal yearUSD $ 53,195,296,849
Revenues less expenses for current yearUSD $ 583,014,796
Revenues less expenses for previous yearUSD $ 556,289,287
Total expenses for current yearUSD $ 1,593,476,956
Total expenses for previous yearUSD $ 1,107,033,903
Other expenses in current yearUSD $ 559,394,053
Other expenses in previous yearUSD $ 376,639,108
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 701,023,550
Employee salary and benefits paid in previous yearUSD $ 606,092,740
Benefits paid to or for members in current yearUSD $ 329,586,353
Benefits paid to or for members in previous yearUSD $ 123,738,720
Grants and similar amounts paid in current yearUSD $ 3,473,000
Grants and similar amounts paid in previous yearUSD $ 563,335
Total revenue in current fiscal yearUSD $ 2,176,491,752
Total revenue in previous fiscal yearUSD $ 1,663,323,190
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 104,889,087
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,510,791,750
Program Service Revenue from current yearUSD $ 1,534,778,522
Investment Income from prior yearUSD $ 130,664,853
Investment Income from current yearUSD $ 130,302,246
Other Revenue from prior yearUSD $ -1,999,917
Other Revenue from current yearUSD $ -1,757,578
Gross receipts from all sourcesUSD $ 1,699,356,572
Net assets / fund balances at end of fiscal yearUSD $ 3,695,663,394
Net assets / fund balances at beginning of fiscal yearUSD $ 3,908,527,150
Total liabilities at end of fiscal yearUSD $ 49,499,633,455
Total liabilities at beginning of fiscal yearUSD $ 46,094,531,107
Total assets at end of fiscal yearUSD $ 53,195,296,849
Total assets at beginning of fiscal yearUSD $ 50,003,058,257
Revenues less expenses for current yearUSD $ 556,289,287
Revenues less expenses for previous yearUSD $ 432,946,563
Total expenses for current yearUSD $ 1,107,033,903
Total expenses for previous yearUSD $ 1,206,510,123
Other expenses in current yearUSD $ 376,639,108
Other expenses in previous yearUSD $ 463,710,187
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 606,092,740
Employee salary and benefits paid in previous yearUSD $ 576,066,344
Benefits paid to or for members in current yearUSD $ 123,738,720
Benefits paid to or for members in previous yearUSD $ 165,583,592
Grants and similar amounts paid in current yearUSD $ 563,335
Grants and similar amounts paid in previous yearUSD $ 1,150,000
Total revenue in current fiscal yearUSD $ 1,663,323,190
Total revenue in previous fiscal yearUSD $ 1,639,456,686
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 91,045,246
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,470,845,061
Program Service Revenue from current yearUSD $ 1,510,791,750
Investment Income from prior yearUSD $ 221,819,031
Investment Income from current yearUSD $ 130,664,853
Other Revenue from prior yearUSD $ 88,877
Other Revenue from current yearUSD $ -1,999,917
Gross receipts from all sourcesUSD $ 3,644,696,159
Net assets / fund balances at end of fiscal yearUSD $ 3,908,527,150
Net assets / fund balances at beginning of fiscal yearUSD $ 3,704,737,922
Total liabilities at end of fiscal yearUSD $ 46,094,531,107
Total liabilities at beginning of fiscal yearUSD $ 41,540,781,392
Total assets at end of fiscal yearUSD $ 50,003,058,257
Total assets at beginning of fiscal yearUSD $ 45,245,519,314
Revenues less expenses for current yearUSD $ 432,946,563
Revenues less expenses for previous yearUSD $ 206,686,252
Total expenses for current yearUSD $ 1,206,510,123
Total expenses for previous yearUSD $ 1,486,066,717
Other expenses in current yearUSD $ 463,710,187
Other expenses in previous yearUSD $ 912,812,490
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 576,066,344
Employee salary and benefits paid in previous yearUSD $ 570,004,227
Benefits paid to or for members in current yearUSD $ 165,583,592
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,150,000
Grants and similar amounts paid in previous yearUSD $ 3,250,000
Total revenue in current fiscal yearUSD $ 1,639,456,686
Total revenue in previous fiscal yearUSD $ 1,692,752,969
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 62,929,393
Net unrelated business incomeUSD $ -84,357,371
Program Service Revenue from prior yearUSD $ 1,390,881,477
Program Service Revenue from current yearUSD $ 1,470,845,061
Investment Income from prior yearUSD $ 294,085,859
Investment Income from current yearUSD $ 221,819,031
Other Revenue from prior yearUSD $ 46,125
Other Revenue from current yearUSD $ 88,877
Gross receipts from all sourcesUSD $ 1,731,552,180
Net assets / fund balances at end of fiscal yearUSD $ 3,704,737,922
Net assets / fund balances at beginning of fiscal yearUSD $ 3,368,212,363
Total liabilities at end of fiscal yearUSD $ 41,540,781,392
Total liabilities at beginning of fiscal yearUSD $ 37,329,329,818
Total assets at end of fiscal yearUSD $ 45,245,519,314
Total assets at beginning of fiscal yearUSD $ 40,697,542,181
Revenues less expenses for current yearUSD $ 206,686,252
Revenues less expenses for previous yearUSD $ 243,991,680
Total expenses for current yearUSD $ 1,486,066,717
Total expenses for previous yearUSD $ 1,441,021,781
Other expenses in current yearUSD $ 912,812,490
Other expenses in previous yearUSD $ 926,162,207
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 570,004,227
Employee salary and benefits paid in previous yearUSD $ 514,859,574
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,250,000
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,692,752,969
Total revenue in previous fiscal yearUSD $ 1,685,013,461
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 59,129,097
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,282,476,412
Program Service Revenue from current yearUSD $ 1,390,881,477
Investment Income from prior yearUSD $ 218,583,379
Investment Income from current yearUSD $ 294,085,859
Other Revenue from prior yearUSD $ 125,425
Other Revenue from current yearUSD $ 46,125
Gross receipts from all sourcesUSD $ 1,726,910,117
Net assets / fund balances at end of fiscal yearUSD $ 3,368,212,363
Net assets / fund balances at beginning of fiscal yearUSD $ 2,999,393,094
Total liabilities at end of fiscal yearUSD $ 37,329,329,818
Total liabilities at beginning of fiscal yearUSD $ 35,468,921,148
Total assets at end of fiscal yearUSD $ 40,697,542,181
Total assets at beginning of fiscal yearUSD $ 38,468,314,242
Revenues less expenses for current yearUSD $ 243,991,680
Revenues less expenses for previous yearUSD $ 293,633,753
Total expenses for current yearUSD $ 1,441,021,781
Total expenses for previous yearUSD $ 1,207,551,463
Other expenses in current yearUSD $ 926,162,207
Other expenses in previous yearUSD $ 733,013,786
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 514,859,574
Employee salary and benefits paid in previous yearUSD $ 474,537,677
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,685,013,461
Total revenue in previous fiscal yearUSD $ 1,501,185,216
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 54,551,609
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,144,870,806
Program Service Revenue from current yearUSD $ 1,282,476,412
Investment Income from prior yearUSD $ 144,551,510
Investment Income from current yearUSD $ 218,583,379
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 125,425
Gross receipts from all sourcesUSD $ 1,545,050,548
Net assets / fund balances at end of fiscal yearUSD $ 2,999,393,094
Net assets / fund balances at beginning of fiscal yearUSD $ 2,833,476,952
Total liabilities at end of fiscal yearUSD $ 35,468,921,148
Total liabilities at beginning of fiscal yearUSD $ 34,100,298,396
Total assets at end of fiscal yearUSD $ 38,468,314,242
Total assets at beginning of fiscal yearUSD $ 36,933,775,348
Revenues less expenses for current yearUSD $ 293,633,753
Revenues less expenses for previous yearUSD $ 211,765,549
Total expenses for current yearUSD $ 1,207,551,463
Total expenses for previous yearUSD $ 1,077,656,767
Other expenses in current yearUSD $ 733,013,786
Other expenses in previous yearUSD $ 637,207,263
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 474,537,677
Employee salary and benefits paid in previous yearUSD $ 440,449,504
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,501,185,216
Total revenue in previous fiscal yearUSD $ 1,289,422,316
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 48,851,889
Net unrelated business incomeUSD $ -61,044,236
Program Service Revenue from prior yearUSD $ 1,052,322,269
Program Service Revenue from current yearUSD $ 1,144,870,806
Investment Income from prior yearUSD $ 152,793,815
Investment Income from current yearUSD $ 144,551,510
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,358,958,028
Net assets / fund balances at end of fiscal yearUSD $ 2,833,476,952
Net assets / fund balances at beginning of fiscal yearUSD $ 2,634,187,175
Total liabilities at end of fiscal yearUSD $ 34,100,298,396
Total liabilities at beginning of fiscal yearUSD $ 31,191,812,372
Total assets at end of fiscal yearUSD $ 36,933,775,348
Total assets at beginning of fiscal yearUSD $ 33,825,999,547
Revenues less expenses for current yearUSD $ 211,765,549
Revenues less expenses for previous yearUSD $ 242,612,285
Total expenses for current yearUSD $ 1,077,656,767
Total expenses for previous yearUSD $ 962,503,799
Other expenses in current yearUSD $ 637,207,263
Other expenses in previous yearUSD $ 584,271,629
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 440,449,504
Employee salary and benefits paid in previous yearUSD $ 378,232,170
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,289,422,316
Total revenue in previous fiscal yearUSD $ 1,205,116,084
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 44,248,063
Net unrelated business incomeUSD $ -51,367,521
Program Service Revenue from prior yearUSD $ 952,464,331
Program Service Revenue from current yearUSD $ 1,052,322,269
Investment Income from prior yearUSD $ 136,173,713
Investment Income from current yearUSD $ 152,793,815
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 12,375,861,813
Net assets / fund balances at end of fiscal yearUSD $ 2,634,187,175
Net assets / fund balances at beginning of fiscal yearUSD $ 2,398,253,191
Total liabilities at end of fiscal yearUSD $ 31,191,812,372
Total liabilities at beginning of fiscal yearUSD $ 28,477,870,587
Total assets at end of fiscal yearUSD $ 33,825,999,547
Total assets at beginning of fiscal yearUSD $ 30,876,123,778
Revenues less expenses for current yearUSD $ 242,612,285
Revenues less expenses for previous yearUSD $ 252,455,020
Total expenses for current yearUSD $ 962,503,799
Total expenses for previous yearUSD $ 836,183,024
Other expenses in current yearUSD $ 584,271,629
Other expenses in previous yearUSD $ 521,646,966
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 378,232,170
Employee salary and benefits paid in previous yearUSD $ 314,536,058
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,205,116,084
Total revenue in previous fiscal yearUSD $ 1,088,638,044
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 38,104,898
Net unrelated business incomeUSD $ -43,611,438
Program Service Revenue from prior yearUSD $ 858,529,457
Program Service Revenue from current yearUSD $ 952,464,331
Investment Income from prior yearUSD $ 98,228,798
Investment Income from current yearUSD $ 136,173,713
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 16,098,699,427
Net assets / fund balances at end of fiscal yearUSD $ 2,398,253,191
Net assets / fund balances at beginning of fiscal yearUSD $ 2,146,012,979
Total liabilities at end of fiscal yearUSD $ 28,477,870,587
Total liabilities at beginning of fiscal yearUSD $ 26,519,593,210
Total assets at end of fiscal yearUSD $ 30,876,123,778
Total assets at beginning of fiscal yearUSD $ 28,665,606,189
Revenues less expenses for current yearUSD $ 252,455,020
Revenues less expenses for previous yearUSD $ 206,933,803
Total expenses for current yearUSD $ 836,183,024
Total expenses for previous yearUSD $ 749,824,452
Other expenses in current yearUSD $ 521,646,966
Other expenses in previous yearUSD $ 465,529,016
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 314,536,058
Employee salary and benefits paid in previous yearUSD $ 284,295,436
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,088,638,044
Total revenue in previous fiscal yearUSD $ 956,758,255
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Other Company Names associated with EIN

STATE CHARTERED CREDIT UNIONS INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560475645

USA Mailing Address
119 N SALISBURY ST
RALEIGH
NC
27603
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Mailing Address
PO BOX 27665
RALEIGH
NC
27611
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
PO BOX 27665
RALEIGH
NC
27611
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Mailing Address
1000 WADE AVENUE
RALEIGH
NC
27605
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Location Address
1000 WADE AVENUE
RALEIGH
NC
27605
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Location Address
119 N SALISBURY STREET
RALEIGH
NC
27603
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Mailing Address
1000 WADE AVENUE
RALEIGH
NC
276051157
Date first seen: 2015-05-14
Date last seen: 2015-05-14
USA Mailing Address
512 Riverside Dr
Morganton
NC
28655
Date first seen: 2007-01-01
Date last seen: 2024-06-30

EIN Events

Event Date Event description
2019-06-30Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2018

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Related EINs

Company Name Employer Identification Number
  STATE EMPLOYEES CREDIT UNION   586041401
  STATE EMPLOYEES CREDIT UNION   590248185

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