League Of Southeastern Credit Unions

Organization Overview

League Of Southeastern Credit Unions is located in Tallahassee, FL. The organization was established in 2009. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. League Of Southeastern Credit Unions is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, League Of Southeastern Credit Unions generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, League Of Southeastern Credit Unions has awarded 17 individual grants totaling $1,404,218. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE ADVANCEMENT AND SUCCESS OF CREDIT UNIONS THROUGH ADVOCACY, INFORMATION AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREDIT UNIONS AND OFFICIALS. DEVELOPING CREDIT UNION PROGRAMS AVAILABLE LEAGUE OF SOUTHEASTERN CREDIT UNIONS 94-3458406 RESEARCH, INFORMATION, AND TECHNICAL SERVICES. ECONOMIC NEWSLETTER TO CREDIT UNIONS. CRISIS TEAM ASSISTANCE AVAILABLE TO CREDIT UNIONS.


COMMUNICATIONS, PUBLIC RELATIONS, PLANNING. BI-WEEKLY GENERAL INFORMATION LETTER TO CREDIT UNIONS AND OFFICIALS. STRATEGIC PLANNING SESSIONS FOR CREDIT UNIONS AROUND STATES. NEWS RELEASES AND ISSUES AFFECTING CREDIT UNIONS.


HUMAN RESOURCE DEVELOPMENT AND EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Johnson
Chair Through June 2022
$0
Henry Armstrong
Chair
$0
Hank Halter
Chair-Elect
$0
Richard Skaggs
Vice Chair
$0
Robert Clampett
Secretary
$0
Tina Williams
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lscu Service Corporation Inc
Payroll, Human Resources, Accounting, Fa
$2,224,303
Mike Mercer
Consulting Services
$495,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,105
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,105
Total Program Service Revenue$4,995,032
Investment income $36,406
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,020
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$574,944
Miscellaneous Revenue$0
Total Revenue $6,291,237

Grants Awarded

Over the last fiscal year, League Of Southeastern Credit Unions has awarded $466,701 in support to 2 organizations.

Grant RecipientAmount

SOUTHEASTERN CREDIT UNION FOUNDATION

PURPOSE: COMMUNITY SPARKS

$450,000

NATIONAL CREDIT UNION FOUNDATION

PURPOSE: FINANCIAL WELLNESS TRAINING AND DISASTER RELIEF

$16,701
View Grant Profile

Peer Organizations

Organization NameAssets
Florida Association Of Insurance Agents
Tallahassee, FL
$8,138,451
League Of Southeastern Credit Unions
Tallahassee, FL
$6,291,237
Florida Insurance Council Inc
Tallahassee, FL
$1,759,782
Florida Association Of Public Insurance Adjusters Inc
Miami, FL
$1,103,070
Ceo Council Of Tampa Bay Inc
Tampa, FL
$687,841
East Alabama Board Of Realtors Inc
Phenix City, AL
$633,550
National Association Of Insurance Women
Atlanta, GA
$373,731
Medical Staff Of Blake Medical Center Inc
Bradenton, FL
$189,484
American Association Of Ancillary Benefits Inc
West Palm Beach, FL
$0
Nurse Practitioner Alliance Of Alabama
Decatur, AL
$0
National Association Of Christian Financial Consulting Inc
Maitland, FL
$0
Atlanta Chapter Of The Cpcu Society Inc
Atlanta, GA
$0
Global Freight Group
Marietta, GA
$0
Midway Canaan Community Water Association Inc
Sanford, FL
$242,318
The Red Tails Association
Maxwell AFB, AL
$0
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$0
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$0
Estate Planning Council Of Northeast Florida
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$0
Skal International Orlando Inc
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$0
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$0
Pinellas Association Of Insurance Agents Inc
St Petersburg, FL
$0
Brevard Collaborative Association Inc
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$0
Governmental Purchasing Association Of Georgia
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$0
Mep Coalition For Fair Competition
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Cnatt Det Eglin Cpo Mess
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$0

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