League Of Southeastern Credit Unions

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

EIN: 943458406 ✦ Tallahassee, FL ✦ Designated as a 501(c)(6)

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Overview

What is League Of Southeastern Credit Unions?

The League of Southeastern Credit Unions is a nonprofit organization situated in Tallahassee, Florida. Their primary focus is on promoting the advancement and success of credit unions. They achieve this by providing advocacy, information, and education services. The organization offers research, technical assistance, and economic newsletters to credit unions, ensuring they stay updated and well-equipped. In times of crisis, the League extends helpful assistance to credit unions as well. Their mission is to establish an environment that facilitates the growth and success of credit unions.


Official website here: www.lscu.coop

Is League Of Southeastern Credit Unions legitimate?

League Of Southeastern Credit Unions is a legitimate nonprofit organization registered as a 501(c)(6) entity. League Of Southeastern Credit Unions 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: $0

For more financial information, click here


Official website here: www.lscu.coop

What is the mission statement of League Of Southeastern Credit Unions?

The League of Southeastern Credit Unions has a mission to foster an environment that enables credit unions to grow and succeed. They achieve this by promoting advancement and success through advocacy, dissemination of information, and educational initiatives. The organization provides research, information, and technical services to credit unions, as well as an economic newsletter and crisis team assistance when needed. Their activities are geared towards supporting the growth and success of credit unions and their officials.


Official website here: www.lscu.coop

Who is the CEO of League Of Southeastern Credit Unions?

Dr Wen Hemingway is the Chair Through June 2022 of League Of Southeastern Credit Unions. The CEO's salary of League Of Southeastern Credit Unions is $0 and their total compensation is $959,439.


Official website here: www.lscu.coop

What is the revenue of League Of Southeastern Credit Unions?

League Of Southeastern Credit Unions's revenue in 2022 was $6,291,237.


Official website here: www.lscu.coop

Who are the executives of League Of Southeastern Credit Unions and what are their salaries?

There 18 volunteers at League Of Southeastern Credit Unions.


Here are 24 key members and their salaries (League Of Southeastern Credit Unions's CEO's salary is $0 and their total compensation is $959,439):


Kevin Johnson (Chair Through June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Armstrong (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Halter (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Skaggs (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Clampett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Akin (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Antonition (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryl Greene (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Branch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Page (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Leggett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ola Anise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ott Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Downing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Bibb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Michael (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Moseley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Harris (Trustee Through June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mcgee (Trustee Through June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Lapine (Ceo)
  • Compensation: $0
  • Related: $844,537
  • Other: $114,902
Samantha Beeler (President League)
  • Compensation: $0
  • Related: $264,378
  • Other: $122,221
Dr Wen Hemingway (Cfo)
  • Compensation: $0
  • Related: $277,835
  • Other: $74,670


Official website here: www.lscu.coop

Where can I find the form 990 for League Of Southeastern Credit Unions?

League Of Southeastern Credit Unions's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lscu.coop

Learn more at the official website: www.lscu.coop

Mission Statement of League Of Southeastern Credit Unions

The League of Southeastern Credit Unions is dedicated to fostering the growth and success of credit unions. This nonprofit organization achieves this mission through advocacy, information, and education. By creating an environment conducive to growth, the League aims to support credit unions and their officials in their operations and development. The organization also provides research, information, and technical services to further enhance the capabilities of credit unions. In times of crisis, the League offers assistance to credit unions through its crisis team, demonstrating its commitment to the sector's well-being. The League of Southeastern Credit Unions plays a significant role in promoting the advancement of credit unions, ultimately contributing to the financial stability and success of its member institutions.

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Impact




October, 2024

The League of Southeastern Credit Unions plays a pivotal role in advancing and supporting credit unions in the southeastern United States. Through dedicated advocacy, education, and comprehensive information services, it fosters an environment that enables credit unions to thrive.

By providing research, technical assistance, and economic newsletters, the League equips credit unions and their officials with the tools they need to navigate challenges and leverage opportunities. Their crisis team assistance further strengthens the resilience of these institutions, ensuring that they can effectively respond to unforeseen circumstances.

Ultimately, the League’s efforts create a community where credit unions can grow, succeed, and serve their members effectively, contributing significantly to the overall economic health and wellbeing of the regions they operate in.




This information is meant to be a general summary of League Of Southeastern Credit Unions. 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
$6,291,237 (2022)
Expenses
$6,008,260 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40,426
  • Program Service Revenue: $4,995,032
  • Gross Receipts: $7,373,117

Assets and Liabilities:

  • Total Assets: $45,129,409
  • Total Liabilities: $3,965,307
  • Net Assets: $41,164,102

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Programs

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

MEMBERSHIP DUES

Revenue

$4,956,857

OTHER

Revenue

$38,175

Organization Details

Founding Year

2008

Principal Officer

Dr Wen Hemingway

Main Address

3692 COOLIDGE COURT, TALLAHASSEE, FL, 32311

NTEE Category

Code: Y03 - Mutual benefit

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