Florida · Nonprofit
SOUTHEASTERN CREDIT UNION FOUNDATION
SOUTHEASTERN CREDIT UNION FOUNDATION (Florida) receives grants from 13 organizations whose IRS filings report $688,070 to it, the largest being SUNCOAST CREDIT UNION ($510,555). 4 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 13
- Grants received
- $688k
- Net assets
- $4.4M
What Southeastern Credit Union Foundation does
Mission
To enrich credit unions and the lives of their employees and members.
As stated on its FY2024 Form 990.
Programs
Disaster relief: the foundation coordinates and administers disaster relief programs that support credit unions and their staff impacted by natural disasters. The foundation provides emergency grants to affected credit union employees, distributes critical supplies, and supports longer-term recovery efforts.
$648,885 spentof which $459,712 as grants52% of program spendingCommunity impact and credit union development grants: the foundation provides grants to support credit union initiatives that strengthen member financial well-being and institutional sustainability. The community impact grant program funds projects focused on financial literacy, outreach, and support for credit unions pursuing cdfi certification or grant funding. The credit union development grant program assists with efforts to improve staff training, technology adoption, operational efficiency, and innovation.
$502,394 spentof which $355,929 as grants40% of program spendingProfessional development grants: the foundation offers grants to support continuing education and leadership development for credit union staff and volunteers. Grant recipients use funding to attend industry trainings, certification programs, and leadership development initiatives. The program aims to build a more knowledgeable, resilient, and future-ready credit union workforce.
$108,041 spentof which $76,543 as grants9% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,259,320.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.8M to $4.9M (+28%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Patrick Lapine
CEO (until 4/24)
Board chair
Richard Skaggs
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $57k → $128k.
1 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.3M from 4 payers (the payer shares this organization's board, largest National Credit Union Foundation). These are real filings, and they are not money SOUTHEASTERN CREDIT UNION FOUNDATION raised.
From the IRS filings of SOUTHEASTERN CREDIT UNION FOUNDATION’s funders (the co-funder graph). Top 12 of 13 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SOUTHEASTERN CREDIT UNION FOUNDATION leans on a few funders — its largest provides 74% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTHEASTERN CREDIT UNION FOUNDATION.
Largest funder’s share by year: 2017 100% · 2018 64% · 2019 70% · 2020 80% · 2021 81% · 2022 58% · 2023 92% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of SOUTHEASTERN CREDIT UNION FOUNDATION's funders are still giving 3 years after their first grant; 31% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
82% of SOUTHEASTERN CREDIT UNION FOUNDATION's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $755 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like SOUTHEASTERN CREDIT UNION FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
89%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 18 related entities
- League of Southeastern Credit Unions · exempt
- Alabama Credit Union Political Action Committee · exempt
- Florida Credit Union Political Action Committee · exempt
- Georgia Credit Union Political Action Committee · exempt
- Affiliates Consolidated Services LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for SOUTHEASTERN CREDIT UNION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOUTHEASTERN CREDIT UNION FOUNDATION?
- SOUTHEASTERN CREDIT UNION FOUNDATION (Florida) receives grants from 13 organizations whose IRS filings report $688,070 to it, the largest being SUNCOAST CREDIT UNION ($510,555). 4 of them have funded it in more than one year.
- How many funders does SOUTHEASTERN CREDIT UNION FOUNDATION have?
- IRS filings report 13 organizations giving $688,070 in grants to SOUTHEASTERN CREDIT UNION FOUNDATION, 4 of which have funded it in more than one year.
- Who is the largest funder of SOUTHEASTERN CREDIT UNION FOUNDATION?
- SUNCOAST CREDIT UNION is the largest funder on record, with $510,555 in grants. The full list of funders is on this page.
- How can an organization like SOUTHEASTERN CREDIT UNION FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing