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EIN 62-0548824

New South Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
24
City
Knoxville
State
Tennessee
Year formed
1952
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
New South Credit Union serves approximately 6,654 members, providing financial services such as loans and other credit union programs. Its mission is to provide these services to its members.
Related structure
New South Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee.
Total revenues
$3,258,976
2023
Total expenses
$2,728,389
2023
Total assets
$74,831,748
2023
Num. employees
24
2023

Program areas at New South Credit Union

Credit Union - to provide service to approximately 6,718 members in the form of loans, etc.

Personnel at New South Credit Union

NameTitleCompensation
Richard SchulzPresident and Chief Executive Officer
Jack EdmondsonSupervisory Committee$0
Wayne HamiltonSupervisory Committee / Board Member$0

Financials for New South Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,016,614
Investment income and dividends$654,948
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$587,414
Total revenues$3,258,976

Form 990s for New South Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-11990View PDF
2021-122022-05-10990View PDF
2020-122021-05-04990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like New South Credit Union

OrganizationLocationRevenue
St Thomas Credit UnionNashville, TN$1,631,828
Your Best Credit UnionNashville, TN$1,075,284
Jack Daniel Employees Credit UnionLynchburg, TN$1,923,888
Scenic Community Credit Union (SCCU)Hixson, TN$6,491,428
Omc Employees Credit UnionCharleston, TN$917,261
The West Tennessee Credit UnionAtoka, TN$843,312
Northeast Community Credit UnionElizabethton, TN$8,780,666
First Choice Community Credit UnionKnoxville, TN$2,086,607
Lakeside Credit UnionNew Johnsonville, TN$1,607,088
Ups Employees Credit UnionMemphis, TN$2,671,623
Data update history
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
April 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
October 2, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
3261 N Mall Rd
Knoxville, TN 37924
Metro area
Knoxville, TN
County
Knox County, TN
Website URL
newsouthcu.com/ 
Phone
(865) 523-0757
IRS details
EIN
62-0548824
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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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