Southern Pine Credit Union

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

EIN: 586035178 ✦ Lake park, GA ✦ Designated as a 501(c)(14)

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Overview

What is Southern Pine Credit Union?

Southern Pine Credit Union is a financial institution, functioning as a credit union, dedicated to serving its approximately 1,389 members. Its primary objective is to offer a variety of financial services, including loans and savings accounts. This credit union operates with the aim of providing its members with financial assistance and support, contributing to their financial well-being. While the information does not provide specific details about additional resources or community engagement, it is clear that the Southern Pine Credit Union focuses on offering financial services to its members.


Official website here: www.southernpinecu.org

Is Southern Pine Credit Union legitimate?

Southern Pine Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Southern Pine 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,824

For more financial information, click here


Official website here: www.southernpinecu.org

What is the mission statement of Southern Pine Credit Union?

The Southern Pine Credit Union is committed to providing financial services to its approximately 1389 members. This includes offering loans, savings accounts, and various other financial services. Their mission is centered around serving their members, aiming to meet their financial needs effectively. The credit union's activities are geared towards enhancing the financial well-being of its members, contributing to their financial stability and growth.


Official website here: www.southernpinecu.org

Who is the CEO of Southern Pine Credit Union?

Samuel Dawson is the Board Mem of Southern Pine Credit Union.


Official website here: www.southernpinecu.org

What is the revenue of Southern Pine Credit Union?

Southern Pine Credit Union's revenue in 2022 was $1,359,998.


Official website here: www.southernpinecu.org

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

The average compensation at Southern Pine Credit Union during 2022 was $38,869. There are 9 employees and 5 volunteers at Southern Pine Credit Union.


Here are 5 key members and their salaries:


Jimmy Bridges (Board Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Engskow (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Martin (Bod Mem/Aud)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tylla Williams (Board Sec/Au)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Youngblood (Board Chr/Au)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southernpinecu.org

Where can I find the form 990 for Southern Pine Credit Union?

Southern Pine Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southernpinecu.org

Learn more at the official website: www.southernpinecu.org

Mission Statement of Southern Pine Credit Union

Southern Pine Credit Union, as a credit union, is committed to providing financial services to its approximately 1,389 members. Its mission is to offer a variety of financial solutions, including loans and savings, aiming to cater to the financial needs of its members effectively. The credit union serves as a reliable financial partner, providing its members with the necessary tools to manage their finances in a responsible and secure manner. By offering these services, Southern Pine Credit Union contributes to the financial stability and well-being of its members, fostering an inclusive and supportive financial community.

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Impact




October, 2024

Southern Pine Credit Union plays a vital role in the financial well-being of its community by offering essential financial services to its members. Located in Lake Park, Georgia, it serves approximately 1,389 individuals, providing them access to loans, savings accounts, and various other financial products. This support empowers members to achieve their financial goals, whether it's securing a loan for a new home, saving for the future, or managing daily expenses. By prioritizing the needs of its members, Southern Pine fosters a sense of community, encourages responsible financial practices, and contributes to the overall economic stability of the region.




This information is meant to be a general summary of Southern Pine 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.

Revenue
$1,359,998 (2022)
Expenses
$1,020,319 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $217,113
  • Program Service Revenue: $1,043,899
  • Gross Receipts: $1,359,998

Assets and Liabilities:

  • Total Assets: $39,769,782
  • Total Liabilities: $36,217,169
  • Net Assets: $3,552,613

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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

$1,024,791

FEE INCOME

Revenue

$19,108

Organization Details

Founding Year

1991

Principal Officer

Samuel Dawson

Main Address

PO BOX 1029, LAKE PARK, GA, 31636

NTEE Category

Code: W60 - Public benefit

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