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Southeastern Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 580801176 ✦ Valdosta, GA ✦ Designated as a 501(c)(14)

Overview

What is Southeastern Credit Union?

Southeastern Credit Union, a community-chartered organization based in Valdosta, Georgia, served over 24,000 members in 2022. With a mission to deliver value and legendary service, they provided business and consumer loans and managed deposits worth approximately $252 million and $305 million, respectively, through eight full-service locations. Covering fourteen South Georgia counties, including Benn Hill, Berrien, Brooks, Colquitt, Cook, Echols, Irwin, Lanier, Lowndes, Thomas, Tift, Turner, Ware, and Pierce, Southeastern Credit Union is dedicated to making a difference in their community.


Official website here: www.southeasterncu.com

Is Southeastern Credit Union legitimate?

Southeastern Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Southeastern Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $703,381
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,423,319

For more financial information, click here


Official website here: www.southeasterncu.com

What is the mission statement of Southeastern Credit Union?

Southeastern Credit Union is committed to delivering value and exceptional service to its membership. As a community-chartered organization, it serves fourteen counties in Georgia. The credit union's mission is to provide superb service while adding value to its members' financial lives. In 2022, Southeastern Credit Union served over 24,000 members, offering acombination of business and consumer loans, totaling approximately $252 million, and deposits totaling around $305 million. The institution strives to meet the diverse financial needs of its members through eight full-service locations.


Official website here: www.southeasterncu.com

Who is the CEO of Southeastern Credit Union?

E Michael Gudely is the Board - Director of Southeastern Credit Union. The CEO's salary of Southeastern Credit Union is $274,865 and their total compensation is $320,196.


Official website here: www.southeasterncu.com

What is the revenue of Southeastern Credit Union?

Southeastern Credit Union's revenue in 2022 was $15,882,953.


Official website here: www.southeasterncu.com

Who are the executives of Southeastern Credit Union and what are their salaries?

The average compensation at Southeastern Credit Union during 2022 was $41,680. There are 123 employees and 7 volunteers at Southeastern Credit Union.

Here are 13 key members and their salaries (Southeastern Credit Union's CEO's salary is $274,865 and their total compensation is $320,196):

    E Michael Gudely (President/Ceo)
  • Compensation: $274,865
  • Related: $0
  • Other: $45,331

    • Jennifer Stasio (Svp/Cfo)
  • Compensation: $188,049
  • Related: $0
  • Other: $34,659

    • Eric Bennett (Vp Clo)
  • Compensation: $139,057
  • Related: $0
  • Other: $21,420

    • Cynthia Kelley (Mortgage Loan Officer)
  • Compensation: $142,497
  • Related: $0
  • Other: $12,821

    • Berry Tanner (Waycross Area Executive)
  • Compensation: $137,380
  • Related: $0
  • Other: $10,707

    • Kevin Cameron (Vp Of It)
  • Compensation: $108,385
  • Related: $0
  • Other: $19,282

    • Roy Mcneal (Board - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Anthony Payton (Board - Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Permenter (Board - Chairpearson Audit Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Eidson (Board - Chairpeson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Plumly (Board - Vice Chairpeson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Dustin Kilby (Board - Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leanna Pledger (Board - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southeasterncu.com

    Where can I find the form 990 for Southeastern Credit Union?

    The Southeastern Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southeasterncu.com

    Learn more at the official website: www.southeasterncu.com

    Mission Statement of Southeastern Credit Union

    Southeastern Credit Union, a community-chartered organization, is committed to delivering value and legendary service to its membership. This mission drives the team at Southeastern Credit Union to prioritize the financial needs of its 24,940 members. With a coverage area spanning fourteen counties in Georgia, Southeastern Credit Union is dedicated to ensuring that each member receives personalized attention and outstanding service.

    Through eight full-service locations, Southeastern Credit Union offers business and consumer loans as well as deposits. In 2022, the credit union facilitated approximately $252,000,000 in loans and $305,000,000 in deposits. This significant financial impact underscores the organization's commitment to providing valuable financial solutions to its members.

    At the heart of Southeastern Credit Union's operations is a strong emphasis on delivering value and exceptional service. By focusing on the unique needs of each member, the credit union fosters long-lasting relationships and builds a strong community. Through its dedicated team and full-service locations, Southeastern Credit Union continues to empower its members to achieve their financial goals.

    Impact

    This information is meant to be a general summary of Southeastern Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southeastern Credit Union's impact is significant in the financial landscape of the communities it serves. With a clear mission to deliver value and provide legendary service to its members, Southeastern Credit Union has positively impacted the lives of 24,940 individuals in 2022 alone. Through its eight full-service locations, the credit union facilitated approximately $252,000,000 in business loans and $305,000,000 in consumer loans and deposits.

    By being a community-chartered organization spanning fourteen South Georgia counties, Southeastern Credit Union plays an essential role in the economic well-being of the region. The credit union's dedication to delivering value and providing exceptional service has contributed to the financial stability and growth of its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,030,591
  • Program Service Revenue: $14,852,362
  • Gross Receipts: $15,882,953

    • Assets and Liabilities:
  • Total Assets: $341,470,817
  • Total Liabilities: $309,037,945
  • Net Assets: $32,432,872
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INCOME

    Revenue

    $9,835,117

    FEES, CHARGES, AND OTHER INCOME

    Revenue

    $4,934,446

    FINANCE AND INSURANCE

    Revenue

    $82,799

    Organization Details

    Founding Year

    1953

    Principal Officer

    E Michael Gudely

    Main Address

    PO BOX 2067, VALDOSTA, GA, 316042067

    NTEE Category

    Code: W61 - Public benefit

    If you are a representative of Southeastern Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.