NonprofitsState Chartered Credit Unions In North Carolina

State Chartered Credit Unions In North Carolina

KINSTON, NC

Total revenue

$874K

Total expenses

$853K

Net assets

$1.9M

Grants received

$20K

2 grants

EIN

560895888

Tax year

2024

Mission

To provide provident savings and credit services to members, particularly in low-income communities.

Financials

FY 2024

Revenue

Contributions & grants$2K
Program service revenue$707K
Investment income$165K
Other revenue
Total revenue$874K

Expenses

Grants paid
Salaries & benefits$290K
Fundraising
Other expenses$563K
Total expenses$853K
Total assets$13.9M
Net assets$1.9M

People

12 listed

NameRoleCompensation

JONTAE SHERROD

CEO EFF. FEB 2024

Board

$71K

40 hrs/wk

JAIMIE SPRUILL

CEO THROUGH JAN 2024

Board

$6K

40 hrs/wk

JOSHUA KELLY

SECRETARY/TREASURER

Board

1 hrs/wk

PRESTON HARRIS

DIRECTOR

Board

1 hrs/wk

FAITH BYNUM

DIRECTOR

Board

1 hrs/wk

ROBERT SWINSON IV

DIRECTOR

Board

1 hrs/wk

JIMMY COCHRAN

CHAIRPERSON JAN. 2024- JUNE 2024

Board

1 hrs/wk

JOHN W JONES

DIRECTOR

Board

1 hrs/wk

RICH HUTSON

DIRECTOR

Board

1 hrs/wk

CHRISTOHER SUGGS

CHAIRPERSON JULY 2024- DEC. 2024

Board

1 hrs/wk

VIRGINIA COX-DAUGHERTY

DIRECTOR

Board

1 hrs/wk

NATASHA ROUSE

VICE CHAIRPERSON

Board

1 hrs/wk

Independent contractors

STATE EMPLOYEES' CREDIT UNION

FINANCIAL ACCOUNTING AND DATA PROCESSING

$132K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$10K
CREDIT UNION IMPACT CAPACITY BUILDING
2023
$10K
GENERAL SUPPORT
2021

Funded by

$20K from 2 funders · 2 grants · 2021–2023

Inclusiv Inc

$10K · 1 grant · 2023

Carolinas Credit Union Foundation

$10K · 1 grant · 2021

Details

EIN560895888
Subsection14
Ruling date1969-08
Formed1952
Employees6
Volunteers15
STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA — Mission, Financials & Grants Received | Grantivo