NonprofitsSouthern Energy Credit Union

Southern Energy Credit Union

BIRMINGHAM, AL

Total revenue

$119.3M

Total expenses

$110.8M

Net assets

$245.5M

Grants received

EIN

630328360

Tax year

2024

Mission

Cooperative credit union

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$119.3M
Investment income
Other revenue
Total revenue$119.3M

Expenses

Grants paid$3K
Salaries & benefits$18.5M
Fundraising
Other expenses$92.2M
Total expenses$110.8M
Total assets$3.5B
Net assets$245.5M

People

21 listed

NameRoleCompensation

DERRICK RAGLAND

CEO

Board

$996K

40 hrs/wk

BLANE MINK

CFO/VP

Board

$993K

40 hrs/wk

ANDY RUSH

COO

Board

$410K

40 hrs/wk

CELIA YATES

DIRECTOR - SECRETARY

Board

$10K

1 hrs/wk

ALLISON BOONE

DIRECTOR - VICE CHAIRPERSON

Board

$8K

1 hrs/wk

ROBERT B ROY

DIRECTOR

Board

$8K

1 hrs/wk

GREGG SHIPP

DIRECTOR - CHAIRPERSON

Board

$7K

1 hrs/wk

DANIEL BLALOCK

DIRECTOR - TREASURER

Board

$7K

1 hrs/wk

CARLTON STEPHENS

DIRECTOR

Board

$6K

1 hrs/wk

GREG BASS

SUPERVISORY COMMITTEE MEMBER

Board

$5K

1 hrs/wk

JOHN VALEKIS

DIRECTOR

Board

$4K

1 hrs/wk

CARISSA LEDBETTER

SUPERVISORY COMMITTEE CHAIRPERSON

Board

$4K

1 hrs/wk

MARK WILKINSON

DIRECTOR

Board

$2K

1 hrs/wk

ANN WILKINSON

SUPERVISORY COMMITTEE MEMBER

Board

$2K

1 hrs/wk

CONSTANTINE SFAKIANOS

DIRECTOR

Board

$33

1 hrs/wk

ANGELA WRIGHT

IT MANAGER

Staff

$255K

40 hrs/wk

JACOB JULIAN

COMPTROLLER

Staff

$205K

40 hrs/wk

DANNA HORNE

ADMIN MANAGER

Staff

$188K

40 hrs/wk

PRESTON HOLDER

LENDING MANAGER

Staff

$154K

40 hrs/wk

JONATHAN CANTRELL

LOAN OFFICER

Staff

$147K

40 hrs/wk

DON MANUEL

FORMER KEY EMPLOYEE

Staff

$101K

1 hrs/wk

Independent contractors

SYKES WEAVER GENERAL CONTRACTORS

CONTRUCTION CONTRACTORS

$890K

LOGISTA

IT CONSULTING AND NETWORK SUPPORT

$341K

UNITED SOLUTIONS

DATA PROCESSING SERVCIES

$203K

LEAGUE OF SOUTHEASTERN CREDIT UNIONS

ADVOCACY SERVICES

$134K

SECURITY ENGINEERS INC

SECURITY GUARDS

$123K

Details

EIN630328360
Subsection14
Ruling date1941-12
Formed1953
Employees204
Volunteers17
SOUTHERN ENERGY CREDIT UNION — Mission, Financials & Grants Received | Grantivo