State Chartered Credit Unions In North Carolina

Organization Overview

State Chartered Credit Unions In North Carolina is located in Hickory, NC. As of 12/2016, State Chartered Credit Unions In North Carolina employed 5 individuals. State Chartered Credit Unions In North Carolina is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2016, State Chartered Credit Unions In North Carolina generated $321.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $325.3k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2016

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOANS, SHARE ACCOUNTS, CERTIFICATES, DRAFTS, ATM ACCESS AND OTHER SERVICES TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOTAL MEMBERS: 1,460 TOTAL SHARES: $6,168,093 TOTAL LOANS: 670 TOTAL LOAN AMOUNT: $4,054,099


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
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$0
Total Program Service Revenue$282,272
Investment income $39,605
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $321,877

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