Civic Intelligence

Spc Cooperative Credit Union

990 • Fiscal year 2023 • EIN 57-6020340

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 03, 2024

Organization ProfileWWW.SPCCU.ORG

View Organization Page

PO Box 1355Hartsville, SC 29551

(843) 383-0090

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.93x

Higher debt load relative to assets than 86% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

14.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Net Margin

36th percentile

10%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

30th percentile

$182,290

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Asset Growth

39th percentile

-1.6%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

16%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$239,331,326

Down $3,908,627 (-1.6%) from 2022

Net Assets

Up

$17,806,221

Up $1,084,090 (+6.5%) from 2022

Liabilities

Down

$221,525,105

Down $4,992,717 (-2.2%) from 2022

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin36th percentile

Revenue

Up

$15,750,567

Up $2,199,911 (+16%) from 2022

Expenses

Up

$14,168,156

Up $2,566,391 (+22%) from 2022

Net Income

Down

$1,582,411

Down $366,480 (-19%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $108,676,738Liabilities 2010: $97,699,517Net Assets 2010: $10,977,2212010Assets 2011: $116,466,517Liabilities 2011: $105,112,028Net Assets 2011: $11,354,4892011Assets 2012: $121,793,977Liabilities 2012: $110,418,152Net Assets 2012: $11,375,8252012Assets 2013: $126,086,116Liabilities 2013: $114,633,990Net Assets 2013: $11,452,1262013Assets 2014: $133,607,014Liabilities 2014: $122,488,189Net Assets 2014: $11,118,8252014Assets 2015: $144,661,279Liabilities 2015: $133,812,425Net Assets 2015: $10,848,8542015Assets 2016: $151,079,504Liabilities 2016: $139,641,481Net Assets 2016: $11,438,0232016Assets 2017: $158,134,943Liabilities 2017: $146,057,391Net Assets 2017: $12,077,5522017Assets 2018: $160,522,294Liabilities 2018: $148,349,395Net Assets 2018: $12,172,8992018Assets 2019: $164,592,799Liabilities 2019: $150,629,286Net Assets 2019: $13,963,5132019Assets 2020: $207,674,821Liabilities 2020: $193,450,024Net Assets 2020: $14,224,7972020Assets 2021: $231,524,692Liabilities 2021: $215,850,625Net Assets 2021: $15,674,0672021Assets 2022: $243,239,953Liabilities 2022: $226,517,822Net Assets 2022: $16,722,1312022Assets 2023: $239,331,326Liabilities 2023: $221,525,105Net Assets 2023: $17,806,2212023Assets 2024: $240,682,854Liabilities 2024: $216,791,916Net Assets 2024: $23,890,9382024

Highlighted filing

2023

Assets$239,331,326
Liabilities$221,525,105
Net Assets$17,806,221
Open 2023 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $7,980,4362010Expenses 2011: $7,879,8042011Expenses 2012: $7,943,2582012Revenue 2013: $8,422,695Expenses 2013: $7,953,294Net Income 2013: $469,4012013Revenue 2014: $8,263,881Expenses 2014: $8,001,526Net Income 2014: $262,3552014Revenue 2015: $8,858,356Expenses 2015: $8,431,121Net Income 2015: $427,2352015Revenue 2016: $9,087,478Expenses 2016: $8,788,749Net Income 2016: $298,7292016Revenue 2017: $9,434,038Expenses 2017: $8,791,817Net Income 2017: $642,2212017Revenue 2018: $10,397,338Expenses 2018: $9,079,396Net Income 2018: $1,317,9422018Revenue 2019: $11,666,247Expenses 2019: $10,088,717Net Income 2019: $1,577,5302019Revenue 2020: $11,834,754Expenses 2020: $10,680,783Net Income 2020: $1,153,9712020Revenue 2021: $12,295,768Expenses 2021: $11,162,816Net Income 2021: $1,132,9522021Revenue 2022: $13,550,656Expenses 2022: $11,601,765Net Income 2022: $1,948,8912022Revenue 2023: $15,750,567Expenses 2023: $14,168,156Net Income 2023: $1,582,4112023Revenue 2024: $19,796,776Expenses 2024: $15,619,814Net Income 2024: $4,176,9622024

Highlighted filing

2023

Revenue$15,750,567
Expenses$14,168,156
Net Income$1,582,411
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 3, 2024
Return Version
2023v5.0
Gross Receipts
$15,750,567
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$163,333,986$173,780,769▲ $10,446,783
Investments in Publicly Traded Securities$24,902,457$21,473,027▼ $3,429,430
Rtn Earn Endowment Incm Other Fnds$16,722,131$17,806,221▲ $1,084,090
Cash and Non-Interest-Bearing Accounts$10,611,407$13,200,994▲ $2,589,587
Land, Buildings, and Equipment, Net$5,632,741$6,695,860▲ $1,063,119
Savings and Temporary Cash Investments$20,934,471$6,184,123▼ $14,750,348
Total Assets$243,239,953$239,331,326▼ $3,908,627
Other Assets Total$17,824,891$17,996,553▲ $171,662
Liabilities
Other Liabilities$222,663,716$204,193,188▼ $18,470,528
Unsecured Notes Loans Payable-$10,000,000-
Accounts Payable and Accrued Expenses$3,694,457$7,164,626▲ $3,470,169
Escrow Account Liability$159,649$167,291▲ $7,642
Total Liabilities$226,517,822$221,525,105▼ $4,992,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,722,131$17,806,221▲ $1,084,090
Total Liabilities and Net Assets / Fund Balance$243,239,953$239,331,326▼ $3,908,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,237,008$6,972,358$9,209,366
Equipment$2,362,574$3,754,346$6,116,920
Land$2,096,278-$2,096,278
Other Assets Org$491,397--
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Linda WeatherfordPresident/ceFT$182,290$182,290
Linda WeatherfordPresident/CEO-$182,290$182,290
Billy ByrdCFOFT$139,587$139,587
Latasha CooperVP LendingFT$112,958$112,958
Thomas BeasleyCIOFT$107,816$107,816
Elaine S HungerpillerVP HrFT$102,282$102,282

Board Members and Trustees

NameTitle
Travis WaltersChairman
Jerry CheathamVice Chairma
Helen SherrillBoard Member
Peggi DavisBoard Member
Richard CookBoard Member
Sylvester WilsonBoard Member
Jimmy ShelleySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,076,699
Investment Income
$673,868
Other Revenue
$0
Change in Net Assets
$1,582,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,750,567
Total Revenue per Audited Statements
$15,750,567
Total Revenue per Form 990
$15,750,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,355,664
Salaries, Compensation, and Employee Benefits$4,812,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,463,155$384,796-$3,847,951
Office Expenses$1,191,123--$1,191,123
Interest$761,742--$761,742
Depreciation Depletion$613,157--$613,157
Occupancy$325,131$36,126-$361,257
Other Employee Benefits$313,346$34,816-$348,162
Pension Plan Contributions$292,856$32,540-$325,396
Payroll Taxes$261,885$29,098-$290,983
Advertising$226,503--$226,503
Other Expenses$140,774--$140,774
All Other Expenses$93,894--$93,894
Conferences and Meetings$82,508--$82,508
Fees for Services Accounting$74,854--$74,854
Fees for Services Other$19,969--$19,969
Fees for Services Legal$19,134--$19,134
Fees for Service Investment Mgmnt Fees$17,404--$17,404
Total Functional Expenses$13,650,780$517,376$0$14,168,156

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,168,156
Total Expenses per Audited Statements$14,168,156
Total Expenses per Form 990$14,168,156
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$204,193,188
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Spc credit union's field of membership includes anyone who lives, works or attends school in darlington, florence, marlboro or chesterfield counties. Spc also serves employee groups in the hartsville, darlington and bennettsville area, as well as the employees of sonoco products company and its affiliates throughout the united states. In addition, any person related by blood or marriage to a current spc member, regardless of employment or residence, may join the credit union.”

Form 990, Page 6, Part VI, Line 7A

“At the credit union's annual meetings, the membership elects the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“The organization reviews the form 990 to ensure that there are no omissions or misstatements.”

Form 990, Page 6, Part VI, Line 12C

“The policy is reviewed and updated annually to ensure compliance.”

Form 990, Page 6, Part VI, Line 15A

“The compensation committee along with the board of directors approve the ceo's, vice president's and the cfo's salaries.”

Form 990, Page 6, Part VI, Line 15B

“Employees are given evaluations before they receive salary increases. These increases are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon request. Persons may come into one of the credit union's branches and request a copy of any of our governing documents. Some documents are posted in the branch lobbies.”

Filing and Contact Details

Filer

Filer Name
Spc Credit Union
EIN
57-6020340
Phone
8433830090
Address
PO BOX 1355, HARTSVILLE, SC 29551

Signing Officer

Name
Linda Weatherford
Title
President/CEO
Phone
8433830090
Signed
2024-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Weatherford
Formed
1941
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
90

Preparer

Firm
Cantey Tiller Pierce & Green Llp
Address
PO BOX 862, CAMDEN, SC 29021
Preparer
Janet M Pierce
Phone
8034321436
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in oci 315,092 one time cecl adjustment -813,413 total -498,321”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The credit union holds escrow accounts for first mortgages (third party and in-house). The credit union pays for the service.”

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

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IRS990/OccupancyGrp/ProgramServicesAmt0325131
IRS990/OccupancyGrp/TotalAmt0361257
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IRS990/OfficeExpensesGrp/TotalAmt01191123
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IRS990/OtherAssetsTotalGrp/EOYAmt017996553
IRS990/OtherChangesInNetAssetsAmt0-498321
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034816
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0313346
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0348162
IRS990/OtherExpensesGrp/Desc0MEMBER SERVICES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2OTHER INT EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER OPERATING EXPENSE
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IRS990/OtherExpensesGrp/ProgramServicesAmt11254385
IRS990/OtherExpensesGrp/ProgramServicesAmt2153880
IRS990/OtherExpensesGrp/ProgramServicesAmt3140774
IRS990/OtherExpensesGrp/TotalAmt04345080
IRS990/OtherExpensesGrp/TotalAmt11254385
IRS990/OtherExpensesGrp/TotalAmt2153880
IRS990/OtherExpensesGrp/TotalAmt3140774
IRS990/OtherLiabilitiesGrp/BOYAmt0222663716
IRS990/OtherLiabilitiesGrp/EOYAmt0204193188
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0384796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03463155
IRS990/OtherSalariesAndWagesGrp/TotalAmt03847951
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0163333986
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0173780769
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029098
IRS990/PayrollTaxesGrp/ProgramServicesAmt0261885
IRS990/PayrollTaxesGrp/TotalAmt0290983
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt032540
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0292856
IRS990/PensionPlanContributionsGrp/TotalAmt0325396
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LINDA WEATHERFORD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09541703
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13158269
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22376727
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09541703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13158269
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22376727
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0125000
IRS990/PYInvestmentIncomeAmt0834652
IRS990/PYOtherExpensesAmt07231504
IRS990/PYProgramServiceRevenueAmt012591004
IRS990/PYRevenuesLessExpensesAmt01948891
IRS990/PYSalariesCompEmpBnftPaidAmt04370261
IRS990/PYTotalExpensesAmt011601765
IRS990/PYTotalRevenueAmt013550656
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01582411
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016722131
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017806221
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020934471
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06184123
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02237008
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06972358
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09209366
IRS990ScheduleD/EquipmentGrp/BookValueAmt02362574
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03754346
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06116920
IRS990ScheduleD/ExpensesSubtotalAmt014168156
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt02096278
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02096278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt017505156
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1491397
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0204193188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES
IRS990ScheduleD/RevenueSubtotalAmt015750567
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS ESCROW ACCOUNTS FOR FIRST MORTGAGES (THIRD PARTY AND IN-HOUSE). THE CREDIT UNION PAYS FOR THE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06695860
IRS990ScheduleD/TotalBookValueOtherAssetsAmt017996553
IRS990ScheduleD/TotalExpensesPerForm990Amt014168156
IRS990ScheduleD/TotalLiabilityAmt0204193188
IRS990ScheduleD/TotalRevenuePerForm990Amt015750567
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015750567
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014168156
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0182290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LINDA WEATHERFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182290
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPC CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES ANYONE WHO LIVES, WORKS OR ATTENDS SCHOOL IN DARLINGTON, FLORENCE, MARLBORO OR CHESTERFIELD COUNTIES. SPC ALSO SERVES EMPLOYEE GROUPS IN THE HARTSVILLE, DARLINGTON AND BENNETTSVILLE AREA, AS WELL AS THE EMPLOYEES OF SONOCO PRODUCTS COMPANY AND ITS AFFILIATES THROUGHOUT THE UNITED STATES. IN ADDITION, ANY PERSON RELATED BY BLOOD OR MARRIAGE TO A CURRENT SPC MEMBER, REGARDLESS OF EMPLOYMENT OR RESIDENCE, MAY JOIN THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS REVIEWED AND UPDATED ANNUALLY TO ENSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION COMMITTEE ALONG WITH THE BOARD OF DIRECTORS APPROVE THE CEO'S, VICE PRESIDENT'S AND THE CFO'S SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EMPLOYEES ARE GIVEN EVALUATIONS BEFORE THEY RECEIVE SALARY INCREASES. THESE INCREASES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ONE OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. SOME DOCUMENTS ARE POSTED IN THE BRANCH LOBBIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN OCI 315,092 ONE TIME CECL ADJUSTMENT -813,413 TOTAL -498,321
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0243239953
IRS990/TotalAssetsEOYAmt0239331326
IRS990/TotalAssetsGrp/BOYAmt0243239953
IRS990/TotalAssetsGrp/EOYAmt0239331326
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IRS990/TotalEmployeeCnt090
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0517376
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013650780
IRS990/TotalFunctionalExpensesGrp/TotalAmt014168156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0226517822
IRS990/TotalLiabilitiesEOYAmt0221525105
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IRS990/TotalLiabilitiesGrp/EOYAmt0221525105
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016722131
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017806221
IRS990/TotalProgramServiceExpensesAmt013650780
IRS990/TotalProgramServiceRevenueAmt015076699
IRS990/TotalReportableCompFromOrgAmt0644933
IRS990/TotalRevenueGrp/ExclusionAmt0501214
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015249353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015750567
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0243239953
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0239331326
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt010000000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1355
IRS990/USAddress/CityNm0HARTSVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029551
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IRS990/WebsiteAddressTxt0WWW.SPCCU.ORG
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA WEATHERFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08433830090

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$239,331,326
Liabilities
$221,525,105
Net assets
$17,806,221
Revenue
$15,750,567
Expenses
$14,168,156
Net income
$1,582,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$241$217$23.9$19.8$15.6$4.18
2023Detailed filing. Detailed filing data is available for this year.$239$222$17.8$15.8$14.2$1.58
2022Detailed filing. Detailed filing data is available for this year.$243$227$16.7$13.6$11.6$1.95
2021Detailed filing. Detailed filing data is available for this year.$232$216$15.7$12.3$11.2$1.13
2020Detailed filing. Detailed filing data is available for this year.$208$193$14.2$11.8$10.7$1.15
2019Detailed filing. Detailed filing data is available for this year.$165$151$14.0$11.7$10.1$1.58
2018Detailed filing. Detailed filing data is available for this year.$161$148$12.2$10.4$9.08$1.32
2017Detailed filing. Detailed filing data is available for this year.$158$146$12.1$9.43$8.79$0.64
2016Detailed filing. Detailed filing data is available for this year.$151$140$11.4$9.09$8.79$0.30
2015Detailed filing. Detailed filing data is available for this year.$145$134$10.8$8.86$8.43$0.43
2014Detailed filing. Detailed filing data is available for this year.$134$122$11.1$8.26$8.00$0.26
2013Detailed filing. Detailed filing data is available for this year.$126$115$11.5$8.42$7.95$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$110$11.4$7.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$105$11.4$7.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$97.7$11.0$7.98