Overview
What is The Southern Credit Union?
The Southern Credit Union, based in Fayetteville, Georgia, is a state-chartered credit union with a membership of over 32,000. With a mission to improve the financial lives of its members, this nonprofit organization offers various financial services, including thrift savings and loans. The credit union employs around ninety individuals and is committed to helping its members achieve their financial goals.
Official website here: www.southernonline.org
Is The Southern Credit Union legitimate?
The Southern Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Southern 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,356,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,106,352
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Official website here: www.southernonline.org
What is the mission statement of The Southern Credit Union?
The Southern Credit Union is committed to enhancing the lives of its members by helping them achieve their financial goals. As a state-chartered credit union, it offers various financial services including thrift savings and loans to a membership base of 32,505 individuals. The mission of the credit union is to make a real difference in the financial lives of the people it serves. Through its services, it aims to provide solutions that assist members in saving for the future and securing loans when needed. By focusing on the financial well-being of its members, The Southern Credit Union strives to build strong, stable financial futures.
Official website here: www.southernonline.org
Who is the CEO of The Southern Credit Union?
Ray Hull is the Ceo/Treasurer of The Southern Credit Union. The CEO's salary of The Southern Credit Union is $598,413 and their total compensation is $850,281.
Official website here: www.southernonline.org
What is the revenue of The Southern Credit Union?
The Southern Credit Union's revenue in 2022 was $19,126,651.
Official website here: www.southernonline.org
Who are the executives of The Southern Credit Union and what are their salaries?
The average compensation at The Southern Credit Union during 2022 was $71,809. There are 90 employees and 1 volunteer at The Southern Credit Union.
Here are 17 key members and their salaries (The Southern Credit Union's CEO's salary is $598,413 and their total compensation is $850,281):
- Compensation: $598,413
- Related: $0
- Other: $251,868
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $391,752
- Related: $0
- Other: $126,226
- Compensation: $227,068
- Related: $0
- Other: $52,262
- Compensation: $172,062
- Related: $0
- Other: $36,682
- Compensation: $188,517
- Related: $0
- Other: $19,252
- Compensation: $176,052
- Related: $0
- Other: $26,302
- Compensation: $155,694
- Related: $0
- Other: $24,372
- Compensation: $130,150
- Related: $0
- Other: $13,395
- Compensation: $104,599
- Related: $0
- Other: $19,830
- Compensation: $100,270
- Related: $0
- Other: $18,108
- Compensation: $101,861
- Related: $0
- Other: $18,352
Official website here: www.southernonline.org
Where can I find the form 990 for The Southern Credit Union?
The Southern Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southernonline.org
Learn more at the official website: www.southernonline.org
Mission Statement of The Southern Credit Union
The Southern Credit Union, a state-chartered financial institution, dedicates itself to improving the lives of its members by turning their financial aspirations into reality. Through its range of offerings, the organization provides more than just savings and loans, acting as a trusted partner in helping members achieve their financial objectives. The mission of The Southern Credit Union is multifaceted, with a primary focus on enabling members to save and borrow effectively. Boasting a membership base of over 32,500 individuals, the credit union plays a vital role in the financial well-being of the communities it serves. By offering various financial services, the organization empowers members to make informed decisions about their money and work towards a brighter financial future.
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Impact
October, 2024
The Southern Credit Union has a significant impact on the financial well-being of its members by offering essential services such as thrift savings, loans, and various financial products. Based in Fayetteville, Georgia, this state-chartered credit union serves 32,505 members, playing a crucial role in helping them achieve their financial goals. With a mission centered around enhancing members' lives, The Southern Credit Union focuses on providing personalized financial solutions that empower individuals and families to build a stable financial future. Through its comprehensive range of services, it fosters a sense of community and support, enabling members to thrive financially.
This information is meant to be a general summary of The Southern Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,727,797
- Program Service Revenue: $14,001,214
- Gross Receipts: $19,126,738
Assets and Liabilities:
- Total Assets: $543,217,468
- Total Liabilities: $512,997,406
- Net Assets: $30,220,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$8,309,909
FEES & OTHER OPERATING INCOME
Revenue
$5,691,305
Organization Details
Founding Year
1963
Phone
(770) 460-3267Principal Officer
Ray Hull
Main Address
430 EAST LANIER AVENUE, FAYETTEVILLE, GA, 30214
Website
www.southernonline.orgNTEE Category
Code: Z99 - Unknown
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