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STATE EMPLOYEES CREDIT UNION FOUNDATION

STATE EMPLOYEES CREDIT UNION FOUNDATION

RALEIGH, NC, US
•
501(c)(3)
•
EIN
56-2255292
•
WWW.NCSECUFOUNDATION.ORG
•
Private Operating Foundation
Private Foundation
Regional Funder
funder logo

STATE EMPLOYEES CREDIT UNION FOUNDATION

RALEIGH, NC, US
•
501(c)(3)
•
EIN
56-2255292
•
WWW.NCSECUFOUNDATION.ORG
•
Private Operating Foundation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$20,943,160

Contributions
96%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$17,181,311

Grants
98%
Other
2%
Fees to Service Providers
<1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$19,786,257
$20,109,100
+2%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$480,336
$834,060
+74%
Other
$0
$0
-
Total Revenues
$20,266,593
$20,943,160
+3%
Expenses
2023
2024
Change
Grants
$21,702,034
$16,864,920
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$59,386
$33,000
-44%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$3,539
-
Interest
$0
$0
-
Depreciation
$0
$5,170
-
Other
$22,620
$274,682
+1114%
Total Expenses
$21,784,040
$17,181,311
-21%
Net income
2023
2024
Change
Net income
-$1,517,447
+$3,761,849
-348%
Income Statement
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