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Employer Identification Number 58-0905515

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

Company Name:THE SOUTHERN CREDIT UNION
Employer identification number (EIN):58-0905515
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration THE SOUTHERN 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 StatementAS A STATE-CHARTERED CREDIT UNION, WE PROVIDE THRIFT SAVINGS, LOANS AND OTHER FINANCIAL SERVICES TO OUR MEMBERS.
Number of Employees98
Number of Volunteers2
Year Formed1963

Organization Governance

Legal DomicileGA
Voting Members - Governing Body7
Voting Members - Independent6

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 58,558
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,001,214
Program Service Revenue from current yearUSD $ 16,054,271
Investment Income from prior yearUSD $ 4,727,797
Investment Income from current yearUSD $ 6,506,288
Other Revenue from prior yearUSD $ 397,640
Other Revenue from current yearUSD $ 101,673
Gross receipts from all sourcesUSD $ 24,671,604
Net assets / fund balances at end of fiscal yearUSD $ 37,392,878
Net assets / fund balances at beginning of fiscal yearUSD $ 30,220,062
Total liabilities at end of fiscal yearUSD $ 490,058,044
Total liabilities at beginning of fiscal yearUSD $ 512,997,406
Total assets at end of fiscal yearUSD $ 527,450,922
Total assets at beginning of fiscal yearUSD $ 543,217,468
Revenues less expenses for current yearUSD $ 5,500,805
Revenues less expenses for previous yearUSD $ 3,737,098
Total expenses for current yearUSD $ 19,170,799
Total expenses for previous yearUSD $ 15,389,553
Other expenses in current yearUSD $ 10,443,811
Other expenses in previous yearUSD $ 7,771,565
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 $ 8,702,918
Employee salary and benefits paid in previous yearUSD $ 7,601,438
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 $ 24,070
Grants and similar amounts paid in previous yearUSD $ 16,550
Total revenue in current fiscal yearUSD $ 24,671,604
Total revenue in previous fiscal yearUSD $ 19,126,651
Contributions and grants from current yearUSD $ 2,009,372
Contributions and grants from previous yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 65,633
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,190,073
Program Service Revenue from current yearUSD $ 14,001,214
Investment Income from prior yearUSD $ 2,599,428
Investment Income from current yearUSD $ 4,727,797
Other Revenue from prior yearUSD $ 117,343
Other Revenue from current yearUSD $ 397,640
Gross receipts from all sourcesUSD $ 19,126,738
Net assets / fund balances at end of fiscal yearUSD $ 30,220,062
Net assets / fund balances at beginning of fiscal yearUSD $ 46,439,763
Total liabilities at end of fiscal yearUSD $ 512,997,406
Total liabilities at beginning of fiscal yearUSD $ 491,324,213
Total assets at end of fiscal yearUSD $ 543,217,468
Total assets at beginning of fiscal yearUSD $ 537,763,976
Revenues less expenses for current yearUSD $ 3,737,098
Revenues less expenses for previous yearUSD $ 2,341,581
Total expenses for current yearUSD $ 15,389,553
Total expenses for previous yearUSD $ 14,565,263
Other expenses in current yearUSD $ 7,771,565
Other expenses in previous yearUSD $ 6,952,678
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 $ 7,601,438
Employee salary and benefits paid in previous yearUSD $ 7,596,535
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 $ 16,550
Grants and similar amounts paid in previous yearUSD $ 16,050
Total revenue in current fiscal yearUSD $ 19,126,651
Total revenue in previous fiscal yearUSD $ 16,906,844
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 297,577
2021-12-31
Total unrelated business incomeUSD $ 68,633
Net unrelated business incomeUSD $ 2,971
Program Service Revenue from prior yearUSD $ 14,110,554
Program Service Revenue from current yearUSD $ 14,190,073
Investment Income from prior yearUSD $ 3,092,675
Investment Income from current yearUSD $ 2,599,428
Other Revenue from prior yearUSD $ 74,509
Other Revenue from current yearUSD $ 117,343
Gross receipts from all sourcesUSD $ 17,874,763
Net assets / fund balances at end of fiscal yearUSD $ 46,439,763
Net assets / fund balances at beginning of fiscal yearUSD $ 47,984,028
Total liabilities at end of fiscal yearUSD $ 491,324,213
Total liabilities at beginning of fiscal yearUSD $ 426,540,045
Total assets at end of fiscal yearUSD $ 537,763,976
Total assets at beginning of fiscal yearUSD $ 474,524,073
Revenues less expenses for current yearUSD $ 2,341,581
Revenues less expenses for previous yearUSD $ 2,111,217
Total expenses for current yearUSD $ 14,565,263
Total expenses for previous yearUSD $ 15,166,521
Other expenses in current yearUSD $ 6,952,678
Other expenses in previous yearUSD $ 7,345,866
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 $ 7,596,535
Employee salary and benefits paid in previous yearUSD $ 7,793,155
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 $ 16,050
Grants and similar amounts paid in previous yearUSD $ 27,500
Total revenue in current fiscal yearUSD $ 16,906,844
Total revenue in previous fiscal yearUSD $ 17,277,738
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 77,316
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,563,157
Program Service Revenue from current yearUSD $ 14,110,554
Investment Income from prior yearUSD $ 3,528,416
Investment Income from current yearUSD $ 3,092,675
Other Revenue from prior yearUSD $ 93,360
Other Revenue from current yearUSD $ 74,509
Gross receipts from all sourcesUSD $ 17,277,738
Net assets / fund balances at end of fiscal yearUSD $ 47,984,028
Net assets / fund balances at beginning of fiscal yearUSD $ 44,155,832
Total liabilities at end of fiscal yearUSD $ 426,540,045
Total liabilities at beginning of fiscal yearUSD $ 362,516,965
Total assets at end of fiscal yearUSD $ 474,524,073
Total assets at beginning of fiscal yearUSD $ 406,672,797
Revenues less expenses for current yearUSD $ 2,111,217
Revenues less expenses for previous yearUSD $ 2,343,765
Total expenses for current yearUSD $ 15,166,521
Total expenses for previous yearUSD $ 15,841,168
Other expenses in current yearUSD $ 7,345,866
Other expenses in previous yearUSD $ 7,963,219
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 $ 7,793,155
Employee salary and benefits paid in previous yearUSD $ 7,877,949
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 $ 27,500
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 17,277,738
Total revenue in previous fiscal yearUSD $ 18,184,933
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 82,080
Net unrelated business incomeUSD $ -23,513
Program Service Revenue from prior yearUSD $ 12,497,083
Program Service Revenue from current yearUSD $ 13,339,024
Investment Income from prior yearUSD $ 2,703,872
Investment Income from current yearUSD $ 3,146,329
Other Revenue from prior yearUSD $ 79,194
Other Revenue from current yearUSD $ 316,548
Gross receipts from all sourcesUSD $ 16,827,393
Net assets / fund balances at end of fiscal yearUSD $ 39,496,481
Net assets / fund balances at beginning of fiscal yearUSD $ 37,767,931
Total liabilities at end of fiscal yearUSD $ 352,629,924
Total liabilities at beginning of fiscal yearUSD $ 347,424,723
Total assets at end of fiscal yearUSD $ 392,126,405
Total assets at beginning of fiscal yearUSD $ 385,192,654
Revenues less expenses for current yearUSD $ 2,378,414
Revenues less expenses for previous yearUSD $ 1,346,237
Total expenses for current yearUSD $ 14,423,487
Total expenses for previous yearUSD $ 13,933,912
Other expenses in current yearUSD $ 7,170,341
Other expenses in previous yearUSD $ 6,540,488
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 $ 7,253,146
Employee salary and benefits paid in previous yearUSD $ 7,393,424
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 $ 16,801,901
Total revenue in previous fiscal yearUSD $ 15,280,149
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 230,000
2017-12-31
Total unrelated business incomeUSD $ 83,792
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,996,070
Program Service Revenue from current yearUSD $ 12,497,083
Investment Income from prior yearUSD $ 2,659,404
Investment Income from current yearUSD $ 2,703,872
Other Revenue from prior yearUSD $ 74,160
Other Revenue from current yearUSD $ 79,194
Gross receipts from all sourcesUSD $ 15,280,149
Net assets / fund balances at end of fiscal yearUSD $ 37,767,931
Net assets / fund balances at beginning of fiscal yearUSD $ 36,106,090
Total liabilities at end of fiscal yearUSD $ 347,424,723
Total liabilities at beginning of fiscal yearUSD $ 327,885,257
Total assets at end of fiscal yearUSD $ 385,192,654
Total assets at beginning of fiscal yearUSD $ 363,991,347
Revenues less expenses for current yearUSD $ 1,346,237
Revenues less expenses for previous yearUSD $ 1,326,383
Total expenses for current yearUSD $ 13,933,912
Total expenses for previous yearUSD $ 13,403,251
Other expenses in current yearUSD $ 6,540,488
Other expenses in previous yearUSD $ 6,681,865
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 $ 7,393,424
Employee salary and benefits paid in previous yearUSD $ 6,721,386
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 $ 15,280,149
Total revenue in previous fiscal yearUSD $ 14,729,634
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 77,526
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,444,582
Program Service Revenue from current yearUSD $ 11,996,070
Investment Income from prior yearUSD $ 2,516,663
Investment Income from current yearUSD $ 2,659,404
Other Revenue from prior yearUSD $ 72,416
Other Revenue from current yearUSD $ 74,160
Gross receipts from all sourcesUSD $ 14,729,634
Net assets / fund balances at end of fiscal yearUSD $ 36,106,090
Net assets / fund balances at beginning of fiscal yearUSD $ 35,736,450
Total liabilities at end of fiscal yearUSD $ 327,885,257
Total liabilities at beginning of fiscal yearUSD $ 309,989,355
Total assets at end of fiscal yearUSD $ 363,991,347
Total assets at beginning of fiscal yearUSD $ 345,725,805
Revenues less expenses for current yearUSD $ 1,326,383
Revenues less expenses for previous yearUSD $ 1,093,383
Total expenses for current yearUSD $ 13,403,251
Total expenses for previous yearUSD $ 12,940,278
Other expenses in current yearUSD $ 6,681,865
Other expenses in previous yearUSD $ 6,337,984
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 $ 6,721,386
Employee salary and benefits paid in previous yearUSD $ 6,602,294
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 $ 14,729,634
Total revenue in previous fiscal yearUSD $ 14,033,661
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 72,703
Net unrelated business incomeUSD $ -1,505
Program Service Revenue from prior yearUSD $ 5,274,252
Program Service Revenue from current yearUSD $ 5,519,285
Investment Income from prior yearUSD $ 2,559,526
Investment Income from current yearUSD $ 2,516,663
Other Revenue from prior yearUSD $ 5,404,689
Other Revenue from current yearUSD $ 5,997,713
Gross receipts from all sourcesUSD $ 14,033,661
Net assets / fund balances at end of fiscal yearUSD $ 35,736,450
Net assets / fund balances at beginning of fiscal yearUSD $ 33,591,893
Total liabilities at end of fiscal yearUSD $ 309,989,355
Total liabilities at beginning of fiscal yearUSD $ 288,347,793
Total assets at end of fiscal yearUSD $ 345,725,805
Total assets at beginning of fiscal yearUSD $ 321,939,686
Revenues less expenses for current yearUSD $ 1,093,383
Revenues less expenses for previous yearUSD $ 919,260
Total expenses for current yearUSD $ 12,940,278
Total expenses for previous yearUSD $ 12,319,207
Other expenses in current yearUSD $ 5,681,402
Other expenses in previous yearUSD $ 5,099,907
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,602,294
Employee salary and benefits paid in previous yearUSD $ 6,515,789
Benefits paid to or for members in current yearUSD $ 656,582
Benefits paid to or for members in previous yearUSD $ 703,511
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 14,033,661
Total revenue in previous fiscal yearUSD $ 13,238,467
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 5,997,713

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 580905515

USA Mailing Address
430 LANIER AVE E
FAYETTEVILLE
GA
302142239
Date first seen: 2016-09-21
Date last seen: 2018-09-20
USA Location Address
430 LANIER AVE E
FAYETTEVILLE
GA
30214
Date first seen: 2007-01-01
Date last seen: 2024-10-02

Nearby companies/organizations

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

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