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EIN 38-1555453

Credit UNIONS CHARTERED IN THE STATE OF MICHIGAN - 387 South Central Credit Union (SCCU)

IRS 501(c) type
501(c)(14)
Num. employees
22
City
Jackson
State
Michigan
Year formed
1954
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
South Central Credit Union (SCCU) is a member-owned provider of financial services. We are dedicated to quality member service and to the credit union philosophy of "People Helping People".
Related structure
SCCU is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Unions Chartered in the State of Michigan South Central Credit Union; 387 South Central Credit Union; South Central Credit Union
Total revenues
$4,629,262
2023
Total expenses
$4,318,589
2023
Total assets
$84,205,920
2023
Num. employees
22
2023

Program areas at SCCU

The Credit Union provides several deposit types to members including savings, checking, certificates and other. The total number of members at 12/31/19 was 8,159
The credit union provides a variety of loans to members including real estate, credit card and other. The total number of loans outstanding at 12/31/19 was 4,425.

Personnel at SCCU

NameTitleCompensation
Terri PapierskyChief Executive Officer$229,759
Eric SamonExecutive Vice President$95,889
Delores MohonSecretary$0

Financials for SCCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,984,821
Investment income and dividends$1,644,441
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,629,262

Form 990s for SCCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-13990View PDF
2021-122022-05-13990View PDF
2020-122021-06-30990View PDF
2019-122020-09-25990View PDF
...and 10 more Form 990s
Data update history
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
May 12, 2023
Updated personnel
Identified 1 new personnel
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
958 W Monroe
Jackson, MI 49202
Metro area
Jackson, MI
County
Jackson County, MI
Website URL
southcentralcu.org/ 
Phone
(517) 787-2220
Facebook page
real.difference 
IRS details
EIN
38-1555453
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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