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Nonprofiteer
← SOUTHEASTERN REGIONAL CREDIT UNION SCHOOLS INC

Form 990 for tax year 2024

Filed by SOUTHEASTERN REGIONAL CREDIT UNION SCHOOLS INC.

Totals

Total revenue
$408,959
Total expenses
$381,977
Contributions and grants received
$500
Grants paid
$25,250
Program service revenue
$399,989
Investment income
$6,366
Other revenue
$2,104
Total assets, end of year
$467,507
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$467,507
Program services expenses (Part IX)
$375,977
Management and general expenses
$6,000
Fundraising expenses
$0
Program service expenses (Part III)
$375,977

Program services were 98.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $500

  • 2a · Program service revenue: REGISTRATION / TUITION

    total $379,989 · related or exempt $379,989

  • 2b · Program service revenue: SPONSORSHIP INCOME

    total $20,000 · related or exempt $20,000

  • 3 · Investment income

    total $6,366 · excluded $6,366

  • 11a · Other revenue: OTHER INCOME

    total $2,104 · related or exempt $2,104

  • 11e · Other revenue, total

    $2,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,250 · program services $25,250

  • 11g · Fees: other

    total $66,805 · program services $60,805 · management and general $6,000

  • 13 · Office expenses

    total $44 · program services $44

  • 17 · Travel

    total $4,219 · program services $4,219

  • 19 · Conferences, conventions and meetings

    total $283,620 · program services $283,620

  • 24a · Other expenses: MISCELLANEOUS

    total $2,039 · program services $2,039

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $335,155 · end of year $357,948

  • 2 · Savings and temporary cash investments

    beginning of year $104,370 · end of year $109,559

  • 4 · Accounts receivable

    beginning of year $500

  • 27 · Net assets without donor restrictions

    beginning of year $440,025 · end of year $467,507

Mission and programs · 2024

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.

Activities or mission (Part I)

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.

  • EXPENSES 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.

    Expenses $375,977 · Revenue $402,093

  • SCHOLARSHIPS GRANTED TO CREDIT UNIONS

    Grants $25,250

As filed on the 2024 return.

Listed in Part VII

  • Fred Robinson

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Charles Elliott

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Carrie Hunt

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Karima Freeman

    ASST SECRETARY/TREAS

    Total calculated
    $0
    Hours/week
    2

  • Juan Ceballos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Samantha Beeler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Kasch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Schline

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
29 July 2025
IRS schema version
2024v5.2
Source object
202512139349300541

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