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EIN 62-0365265

Southern Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
7
City
Chattanooga
State
Tennessee
Year formed
1932
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Southern Credit Union offers a range of financial services to approximately 1,493 members through various deposit and loan programs. Its mission is to provide these services to its members and help them achieve their financial goals.
Related structure
Southern Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee.
Total revenues
$452,172
2023
Total expenses
$902,710
2023
Total assets
$20,960,922
2023
Num. employees
7
2023

Program areas at Southern Credit Union

The Credit Union provided a variety of loan services for its memberes.
The Credit Union provided a variety of deposit services for its members.
Cuna program grant made in 2017 for 2,500.

Personnel at Southern Credit Union

NameTitleCompensation
Cindy D BealeChief Executive Officer$70,744
Charlie YoungOperations Manager
Theodore JacksonSupervisory$0
John BornBoard Member$0
Charles YoungOperations and L$0
...and 2 more key personnel

Financials for Southern Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$518,446
Investment income and dividends$208,581
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$0
Miscellaneous revenues$-274,855
Total revenues$452,172

Form 990s for Southern Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-08990View PDF
2022-122023-05-04990View PDF
2021-122022-06-09990View PDF
2020-122021-05-17990View PDF
2019-122020-09-09990View PDF
...and 9 more Form 990s

Organizations like Southern Credit Union

OrganizationLocationRevenue
St Thomas Credit UnionNashville, TN$1,631,828
NGH Credit UnionNashville, TN$496,258
Health Systems Credit UnionGreeneville, TN$194,916
Your Best Credit UnionNashville, TN$1,075,284
Jack Daniel Employees Credit UnionLynchburg, TN$1,923,888
Greeneville City Employees Credit UnionGreeneville, TN$545,055
Hurd Employees Credit UnionGreeneville, TN$190,329
Omc Employees Credit UnionCharleston, TN$917,261
The West Tennessee Credit UnionAtoka, TN$843,312
Skyline Credit UnionNashville, TN$684,075
Data update history
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 3490
Chattanooga, TN 37402
Metro area
Chattanooga, TN-GA
County
Hamilton County, TN
Website URL
southerncu.com/ 
Phone
(423) 629-2578
IRS details
EIN
62-0365265
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1932
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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