NonprofitsSoutheastern Credit Union Foundation Inc

Southeastern Credit Union Foundation Inc

TALLAHASSEE, FL

Total revenue

$1.1M

Total expenses

$1.3M

Net assets

$4.4M

Grants received

$1.6M

23 grants

EIN

592252733

Tax year

2024

Mission

Advance science, education, and other consumer credit charitable purposes

Programs

2 programs

Community impact and credit union development grants: the foundation provides grants to support credit union initiatives that strengthen member financial well-being and institutional sustainability. The community impact grant program funds projects focused on financial literacy, outreach, and support for credit unions pursuing cdfi certification or grant funding. The credit union development grant program assists with efforts to improve staff training, technology adoption, operational efficiency, and innovation.

Expenses: $502KGrants: $356K

Professional development grants: the foundation offers grants to support continuing education and leadership development for credit union staff and volunteers. Grant recipients use funding to attend industry trainings, certification programs, and leadership development initiatives. The program aims to build a more knowledgeable, resilient, and future-ready credit union workforce.

Expenses: $108KGrants: $77K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$177K
Other revenue
Total revenue$1.1M

Expenses

Grants paid$892K
Salaries & benefits
Fundraising
Other expenses$428K
Total expenses$1.3M
Total assets$4.7M
Net assets$4.4M

People

17 listed

NameRoleCompensation

PATRICK LAPINE

CEO (UNTIL 4/24)

Board

1 hrs/wk

RICHARD SKAGGS

CHAIR

Board

1 hrs/wk

OLA ANISE

CHAIR-ELECT

Board

1 hrs/wk

ROY BIBB

VICE CHAIR

Board

1 hrs/wk

BOBBY MICHAEL

TREASURER

Board

1 hrs/wk

STEVE MOSELEY

SECRETARY

Board

1 hrs/wk

HANK HALTER

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

MIKE AKERS

TRUSTEE

Board

1 hrs/wk

DEMETRA JACKSON

TRUSTEE

Board

1 hrs/wk

BRENT LISTER

TRUSTEE

Board

1 hrs/wk

DEBBIE SMITH

TRUSTEE

Board

1 hrs/wk

STEVE SWOFFORD

TRUSTEE

Board

1 hrs/wk

HEIWOTE TADESSE

TRUSTEE

Board

1 hrs/wk

BRIAN AKIN

TRUSTEE (UNTIL 6/24)

Board

1 hrs/wk

HENRY ARMSTRONG

TRUSTEE (UNTIL 6/24)

Board

1 hrs/wk

SAMANTHA BEELER

PRESIDENT LEAGUE

Board

1 hrs/wk

STEVEN SCHWARTZ

CFO

Board

1 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$49K
TO PROVIDE ASSISTANCE TO SMALLER CREDIT UNIONS.
2024
$20K
COMMUNITY DEVELOPMENT.
2024
$10K
OPERATIONNS
2024
$10K
TO ASSIST THE ORGANIZATION IN ITS MISSION TO ENRICH CREDIT UNIONS AND THE LIVES OF THEIR EMPLOYEES AND MEMBERS AND BE THE PHILANTHROPIC PARTNER FOR CREDIT UNIONS.
2024
$10K
DISASTER RELIEF
2024
$10K
PROMOTING ECONOMIC WELLNESS
2024
$6K
CHARITABLE CONTRIBUTION
2024
$118K
TO PROVIDE ASSISTANCE TO SMALLER CREDIT UNIONS
2023
$83K
GENERAL OPERATING SUPPORT
2023
$10K
CHARITABLE CONTRIBUTION
2023
$450K
COMMUNITY SPARKS
2022
$66K
TO PROVIDE ASSISTANCE TO SMALLER CREDIT UNIONS
2022
$48K
COMMUNITY INVESTMENT FUND GRANT
2022
$26K
EXECUTIVE TEAM SPONSORSHIP
2022
$10K
CHARITABLE
2022
$10K
HURRICANE IAN RELIEF
2022
$15K
EXECUTIVE TEAM SPONSORSHIP
2021
$1K
Program Support
2021
$83K
TO PROVIDE ASSISTANCE TO SMALLER CREDIT UNIONS
2020
$15K
EXECUTIVE TEAM SPONSORSHIP
2020
$497K
DISASTER RELIEF ASSISTANCE GRANTS
2018
$5K
GENERAL SUPPORT
2018

Funded by

$1.6M from 15 funders · 23 grants · 2018–2024

National Credit Union Foundation

$545K · 2 grants · 2018–2022

League Of Southeastern Credit Unions

$533K · 2 grants · 2022–2023

Suncoast Credit Union

$316K · 4 grants · 2020–2024

Delta Community Credit Union

$56K · 3 grants · 2020–2022

Georgia's Own Credit Union

$20K · 2 grants · 2023–2024

Midflorida Credit Union

$20K · 1 grant · 2024

Trustage Foundation Inc

$10K · 1 grant · 2022

Atlanta Postal Credit Union

$10K · 1 grant · 2024

Details

EIN592252733
Subsection03
Ruling date1984-03
Formed1982
Employees0
Volunteers30
SOUTHEASTERN CREDIT UNION FOUNDATION INC — Mission, Financials & Grants Received | Grantivo