Civic Intelligence

Southeastern Regional Credit Union Schools

EIN 54-1427746 • 501(c)3 • Richmond, VA

Profile

Our mission is to educate employees and volunteers of credit union in the southeast region of the united states through the use of specific training schools.

108 N 8th StreetRichmond, VA 23219

www.srcus.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

6.6%

Higher net margin than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

64th percentile

6.2%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

-13%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$467,507

Up $27,482 (+6.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$467,507

Up $27,482 (+6.2%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin59th percentile

Revenue

Down

$408,959

Down $61,702 (-13%) from 2023

Expenses

Down

$381,977

Down $58,795 (-13%) from 2023

Net Income

Down

$26,982

Down $2,907 (-9.7%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $196,145Liabilities 2011: $02011Assets 2012: $210,397Liabilities 2012: $02012Assets 2013: $245,630Liabilities 2013: $02013Assets 2014: $282,221Liabilities 2014: $21,630Net Assets 2014: $260,5912014Assets 2015: $283,237Liabilities 2015: $0Net Assets 2015: $283,2372015Assets 2016: $305,893Liabilities 2016: $0Net Assets 2016: $305,8932016Assets 2017: $343,051Liabilities 2017: $0Net Assets 2017: $343,0512017Assets 2018: $333,099Liabilities 2018: $0Net Assets 2018: $333,0992018Assets 2019: $349,039Liabilities 2019: $0Net Assets 2019: $349,0392019Assets 2020: $332,746Liabilities 2020: $1,695Net Assets 2020: $331,0512020Assets 2021: $385,867Liabilities 2021: $0Net Assets 2021: $385,8672021Assets 2022: $410,895Liabilities 2022: $759Net Assets 2022: $410,1362022Assets 2023: $440,025Liabilities 2023: $0Net Assets 2023: $440,0252023Assets 2024: $467,507Liabilities 2024: $0Net Assets 2024: $467,5072024

Highlighted filing

2024

Assets$467,507
Liabilities$0
Net Assets$467,507
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $95,474Expenses 2011: $99,587Net Income 2011: -$4,1132011Revenue 2012: $93,246Expenses 2012: $78,994Net Income 2012: $14,2522012Revenue 2013: $132,035Expenses 2013: $96,802Net Income 2013: $35,2332013Revenue 2014: $378,268Expenses 2014: $363,306Net Income 2014: $14,9622014Revenue 2015: $380,969Expenses 2015: $358,322Net Income 2015: $22,6472015Revenue 2016: $344,378Expenses 2016: $321,722Net Income 2016: $22,6562016Revenue 2017: $447,970Expenses 2017: $410,809Net Income 2017: $37,1612017Revenue 2018: $355,443Expenses 2018: $365,395Net Income 2018: -$9,9522018Revenue 2019: $369,539Expenses 2019: $353,599Net Income 2019: $15,9402019Revenue 2020: $991Expenses 2020: $18,979Net Income 2020: -$17,9882020Revenue 2021: $188,446Expenses 2021: $133,630Net Income 2021: $54,8162021Revenue 2022: $407,476Expenses 2022: $383,207Net Income 2022: $24,2692022Revenue 2023: $470,661Expenses 2023: $440,772Net Income 2023: $29,8892023Revenue 2024: $408,959Expenses 2024: $381,977Net Income 2024: $26,9822024

Highlighted filing

2024

Revenue$408,959
Expenses$381,977
Net Income$26,982
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$467,507
Liabilities
$0
Net assets
$467,507
Revenue
$408,959
Expenses
$381,977
Net income
$26,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.00$4.68$4.09$3.82$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$0.00$4.40$4.71$4.41$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$0.01$4.10$4.07$3.83$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.00$3.86$1.88$1.34$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.02$3.31$0.01$0.19$0.18
2019Summary only. Only limited summary data is available for this year.$3.49$0.00$3.49$3.70$3.54$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.00$3.33$3.55$3.65$0.10
2017Summary only. Only limited summary data is available for this year.$3.43$0.00$3.43$4.48$4.11$0.37
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.00$3.06$3.44$3.22$0.23
2015Summary only. Only limited summary data is available for this year.$2.83$0.00$2.83$3.81$3.58$0.23
2014Summary only. Only limited summary data is available for this year.$2.82$0.22$2.61$3.78$3.63$0.15
2013Summary only. Only limited summary data is available for this year.$2.46$0.00$1.32$0.97$0.35
2012Summary only. Only limited summary data is available for this year.$2.10$0.00$0.93$0.79$0.14
2011Summary only. Only limited summary data is available for this year.$1.96$0.00$0.95$1.00$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 29, 2025
Return Version
2024v5.2
Gross Receipts
$408,959
Mission and Program Overview

Mission

Our mission is to educate employees and volunteers of credit union in the southeast region of the united states through the use of specific training schools.

The primary goal of the school is to educate employees and volunteers of credit unions in the southeast region of the us through the use of specific training schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$335,155$357,948▲ $22,793
Savings and Temporary Cash Investments$104,370$109,559▲ $5,189
Accounts Receivable$500--
Total Assets$440,025$467,507▲ $27,482
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$440,025$467,507▲ $27,482
Total Net Assets Fund Balance$440,025$467,507▲ $27,482
Total Liabilities and Net Assets / Fund Balance$440,025$467,507▲ $27,482
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Fred RobinsonChairman
Charles ElliottVice Chairman
Dan SchlineDirector
Jim KaschDirector
Juan CeballosDirector
Samantha BeelerDirector
Karima FreemanAsst Secretary/treas
Carrie HuntSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$399,989
Investment Income
$6,366
Other Revenue
$2,104
All Other Contributions
$500
Change in Net Assets
$26,982

Audited Revenue Reconciliation

Revenue per Audited Statements
$408,959
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$408,959
Total Revenue per Form 990
$408,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$356,727
Grants and Similar Amounts Paid$25,250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$283,620--$283,620
Fees for Services Other$60,805$6,000-$66,805
Grants to Domestic Orgs$25,250--$25,250
Travel$4,219--$4,219
Other Expenses$2,039--$2,039
Office Expenses$44--$44
Total Functional Expenses$375,977$6,000$0$381,977

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$381,977
Total Expenses per Audited Statements$381,977
Total Expenses per Form 990$381,977
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
League of Southeastern Credit UnionsTallahassee, FL501(c)(3)To Provide Scholarships$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The secretary/treasurer reviews prior to submitting and informs the other officials and directors of its availability.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available upon request at any time. The secretary/treasurer reviews the report before submitting it and also informs the other officials and directors of its availability.”

Filing and Contact Details

Filer

Filer Name
Southeastern Regional Credit Union
EIN
54-1427746
Phone
4342379600
Address
108 N 8TH STREET, RICHMOND, VA 23219

Signing Officer

Name
Karima Freeman
Title
Acting CEO
Phone
4342379600
Signed
2025-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karima Freeman
Formed
1987
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Davidson Doyle & Hilton Llp
Address
PO BOX 800, LYNCHBURG, VA 24505-0800
Preparer
Amy a Gallagher CPA
Phone
4348467611
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The financial accounting standards board issued asc 740-10, formerly fasb interpretation no. 48, accounting for uncertainty in income taxes, which prescribed a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The school has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The school believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the school's financial condition, results of operations or cash flows. Accordingly, the school has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2024 and 2023. Fiscal years ending on or after december 31, 2021 remain subject to examination by federal and state tax authorities.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“PRIOR YEAR ADJUSTMENTS”

Raw XML Appendix390 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt0500
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PRIMARY GOAL OF THE SCHOOL IS TO EDUCATE EMPLOYEES AND VOLUNTEERS OF CREDIT UNIONS IN THE SOUTHEAST REGION OF THE US THROUGH THE USE OF SPECIFIC TRAINING SCHOOLS.
IRS990/AllOtherContributionsAmt0500
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04342379600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0108 N 8TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023219
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0335155
IRS990/CashNonInterestBearingGrp/EOYAmt0357948
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0283620
IRS990/ConferencesMeetingsGrp/TotalAmt0283620
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0500
IRS990/CYGrantsAndSimilarPaidAmt025250
IRS990/CYInvestmentIncomeAmt06366
IRS990/CYOtherExpensesAmt0356727
IRS990/CYOtherRevenueAmt02104
IRS990/CYProgramServiceRevenueAmt0399989
IRS990/CYRevenuesLessExpensesAmt026982
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0381977
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0408959
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EXPENSES ARE INCURRED FROM EDUCATING INDIVIDUALS WHO SERVE THE CREDIT UNION INDUSTRY AS AN EMPLOYEE OR VOLUNTEER AND THE REVENUE IS FROM REGISTRATION FEES FOR ATTENDIGN THE TRAINING SCHOOLS. THE GRANTS ARE FOR SUPPORTING CREDIT UNIONS AND LEAGUES IN THEIR EFFORTS TO EDUCATE EMPLOYEES AND VOLUNTEERS WHO SERVE THE CREDIT UNION INDUSTRY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0375977
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt060805
IRS990/FeesForServicesOtherGrp/TotalAmt066805
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0FRED ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm2CARRIE HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm3KARIMA FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JUAN CEBALLOS
IRS990/Form990PartVIISectionAGrp/PersonNm5SAMANTHA BEELER
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM KASCH
IRS990/Form990PartVIISectionAGrp/PersonNm7DAN SCHLINE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASST SECRETARY/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025250
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025250
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0408959
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt06366
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06366
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO EDUCATE EMPLOYEES AND VOLUNTEERS OF CREDIT UNION IN THE SOUTHEAST REGION OF THE UNITED STATES THROUGH THE USE OF SPECIFIC TRAINING SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0440025
IRS990/NetAssetsOrFundBalancesEOYAmt0467507
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0440025
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0467507
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt044
IRS990/OfficeExpensesGrp/TotalAmt044
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt02039
IRS990/OtherExpensesGrp/TotalAmt02039
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02104
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02104
IRS990/OtherRevenueTotalAmt02104
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KARIMA FREEMAN
IRS990/PriorPeriodAdjustmentsAmt0500
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION / TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIP INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0379989
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0379989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120000
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS GRANTED TO CREDIT UNIONS
IRS990/ProgSrvcAccomActy2Grp/GrantAmt025250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt023390
IRS990/PYInvestmentIncomeAmt05928
IRS990/PYOtherExpensesAmt0417382
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0461733
IRS990/PYRevenuesLessExpensesAmt029889
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0440772
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0470661
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt026982
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0402093
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104370
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0109559
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06366
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05928
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0810
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0641
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0379989
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0444233
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0376240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0184036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01384498
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05928
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0810
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0641
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014916
IRS990ScheduleA/InvestmentIncomeCYPct00.01060
IRS990ScheduleA/InvestmentIncomePYPct00.00630
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98940
IRS990ScheduleA/PublicSupportPY509Pct00.99370
IRS990ScheduleA/PublicSupportTotal509Amt01396513
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0380489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0447233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0380805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0187636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0350
IRS990ScheduleA/Total509Grp/TotalAmt01396513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0386855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0453161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0381976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0188446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0991
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01411429
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0381977
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0408959
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED ASC 740-10, FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBED A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024 AND 2023. FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2021 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR ADJUSTMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0381977
IRS990ScheduleD/TotalRevenuePerForm990Amt0408959
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0408959
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0381977
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LEAGUE OF SOUTHEASTERN CREDIT UNIONS
IRS990ScheduleI/RecipientTable/RecipientEIN0943458406
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03692 COOLIDGE CT
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TALLAHASSEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032311
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SECRETARY/TREASURER REVIEWS PRIOR TO SUBMITTING AND INFORMS THE OTHER OFFICIALS AND DIRECTORS OF ITS AVAILABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT ANY TIME. THE SECRETARY/TREASURER REVIEWS THE REPORT BEFORE SUBMITTING IT AND ALSO INFORMS THE OTHER OFFICIALS AND DIRECTORS OF ITS AVAILABILITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0440025
IRS990/TotalAssetsEOYAmt0467507
IRS990/TotalAssetsGrp/BOYAmt0440025
IRS990/TotalAssetsGrp/EOYAmt0467507
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0375977
IRS990/TotalFunctionalExpensesGrp/TotalAmt0381977
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0440025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0467507
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0375977
IRS990/TotalProgramServiceRevenueAmt0399989
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06366
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0402093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408959
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0440025
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0467507
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04219
IRS990/TravelGrp/TotalAmt04219
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0108 N 8TH STREET
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023219
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SRCUS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KARIMA FREEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACTING CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04342379600
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEASTERN REGIONAL CREDIT UNION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOLS
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0541427746
ReturnHeader/Filer/PhoneNum04342379600
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 N 8TH STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023219
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541953476
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIDSON DOYLE & HILTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LYNCHBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0245050800
ReturnHeader/PreparerPersonGrp/PhoneNum04348467611
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY A GALLAGHER CPA
ReturnHeader/ReturnTs02025-08-01T16:33:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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