STATE CHARTERED CREDIT UNIONS INC

As filed

Subsection

14

Classification

1000

Street

119 N SALISBURY ST FLOOR 10

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA (EIN 56-6062100). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• THE STATE EMPLOYEES' CREDIT UNION IS OWNED BY OUR 2.9 MILLION MEMBERS. SECU PROVIDES SERVICES TO OUR MEMBERS THROUGH 276 BRANCH OFFICES, 1076 ATMS, 24/7 CONTACT CENTERS, AND A WEBSITE - WWW.NCSECU.ORG. AS A CREDIT UNION, MEMBERS DEPOSIT FUNDS INTO SHARE ACCOUNTS, WHICH ARE THEN LOANED TO OTHER MEMBERS. THE CREDIT UNION OFFERS SHARE ACCOUNTS OF VARIOUS TYPES - MEMBERSHIP SHARES, SHARE DRAFTS, MONEY MARKET SHARES, IRA SHARES, AND SHARE TERM CERTIFICATES. LOANS TO MEMBERS CONSISTS OF MORTGAGES, HOME EQUITY, AUTO AND OTHER CONSUMER LOANS. AT JUNE 30, 2025, THERE WERE APPROXIMATELY 617,000 PERSONAL LOANS AND APPROXIMATELY 234,000 FIRST AND SECOND MORTGAGE LOANS OUTSTANDING. THE CREDIT UNION RECEIVED $2,923,081,432 IN REVENUES FROM INTEREST ON LOANS, INTEREST ON INVESTMENTS, AND OTHER NON-INTEREST SOURCES DURING THE YEAR ENDED JUNE 30, 2025. THE COST OF PROVIDING SERVICES TO CREDIT UNION MEMBERS WAS $2,645,445,120 FOR THE YEAR. THE COST OF SERVICES CONSISTS OF INTEREST PAID ON SHARE ACCOUNTS, SALARIES, BUILDING EXPENSES, EQUIPMENT EXPENSES, AND OTHER OPERATIONAL EXPENSES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,922,921,560

  Expenses

  $2,645,445,120

  Contributions

  $0

  Grants paid

  $377,712

• 2023

  Revenue

  $2,616,980,178

  Expenses

  $2,414,379,999

  Contributions

  $0

  Grants paid

  $425,256

• 2022

  Revenue

  $2,176,491,752

  Expenses

  $1,593,476,956

  Contributions

  $0

  Grants paid

  $3,473,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,663,323,190

  Expenses

  $1,107,033,903

  Assets (EOY)

  $53,195,296,849

• 2020 · 990

  Revenue

  $1,639,456,686

  Expenses

  $1,206,510,123

  Assets (EOY)

  $50,003,058,257

• 2019 · 990

  Revenue

  $1,692,752,969

  Expenses

  $1,486,066,717

  Assets (EOY)

  $45,245,519,314

• 2018 · 990

  Revenue

  $1,685,013,461

  Expenses

  $1,441,021,781

  Assets (EOY)

  $40,697,542,181

• 2017 · 990

  Revenue

  $1,501,185,216

  Expenses

  $1,207,551,463

  Assets (EOY)

  $38,468,314,242

• 2016 · 990

  Revenue

  $1,289,422,316

  Expenses

  $1,077,656,767

  Assets (EOY)

  $36,933,775,348

• 2015 · 990

  Revenue

  $1,205,116,084

  Expenses

  $962,503,799

  Assets (EOY)

  $33,825,999,547

• 2014 · 990

  Revenue

  $1,088,638,044

  Expenses

  $836,183,024

  Assets (EOY)

  $30,876,123,778

• 2013 · 990

  Revenue

  $956,758,255

  Expenses

  $749,824,452

  Assets (EOY)

  $28,665,606,189

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $747,989,957

  Assets (EOY)

  $26,799,238,232

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Form 990-N e-Postcard, tax year 2024

Tax period

1 July 2024 to 30 June 2025

Principal officer

Gretchen Griffith

Mailing address

2944 Spencer StreetLenoir NC 28645

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

• DIX PARK CONSERVANCY

  $3,000,000

  2022 · GENERAL OPERATIONS

• WORLDWIDE FOUNDATION FOR CREDIT UNIONS

  $200,000

  2022 · GENERAL OPERATIONS

• AFRICAN-AMERICAN CREDIT UNION COALITION

  $130,000

  2022 · GENERAL OPERATIONS

• AFRICAN-AMERICAN CREDIT UNION COALITION

  $125,000

  2023 · GENERAL SUPPORT

• AFRICAN-AMERICAN CREDIT UNION COALITION

  $125,000

  2024 · GENERAL SUPPORT

• WORLDWIDE FOUNDATION FOR CREDIT UNIONS

  $100,000

  2023 · GENERAL SUPPORT

• WORLDWIDE FOUNDATION FOR CREDIT UNIONS

  $50,000

  2024 · GENERAL SUPPORT

• CAROLINAS CREDIT UNION FOUNDATION

  $30,990

  2023 · GENERAL SUPPORT

• STATE EMPLOYEES ASSOCIATION OF NORTH CAROLINA

  $30,000

  2024 · GENERAL SUPPORT

• LEADERSHIP NORTH CAROLINA INC

  $30,000

  2024 · GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files