Southeast Financial Credit Union CO Adam Toungette

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620382058 ✦ Franklin, TN ✦ Designated as a 501(c)(14)

Overview

What is Southeast Financial Credit Union CO Adam Toungette?

Southeast Financial Credit Union CO Adam Toungette is a financial institution based in Franklin, Tennessee, serving approximately 39,818 members. They provide a range of financial services, including loans, share accounts, share certificates, and more. Their offerings encompass various programs such as ATM/debit card services, international remittances, business accounts, health savings accounts, and no cost share drafts. Members can also benefit from share certificates with low minimum balance requirements, insurance/investment sales, student scholarships, business loans, and various mortgage loan options. The credit union provides financial education, counseling, and first-time homebuyer programs. With a staff of 173 employees, Southeast Financial Credit Union CO Adam Toungette aims to cater to its members' diverse financial needs.


Official website here: www.southeastfinancial.org

Is Southeast Financial Credit Union CO Adam Toungette legitimate?

Southeast Financial Credit Union C/O Adam Toungette is a legitimate nonprofit organization registered as a 501(c)(14) entity. Southeast Financial Credit Union C/O Adam Toungette submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,246,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,508,981

For more financial information, click here


Official website here: www.southeastfinancial.org

What is the mission statement of Southeast Financial Credit Union CO Adam Toungette?

The Southeast Financial Credit Union offers financial services to approximately 39,818 members. They provide various financial products such as loans, savings accounts, share certificates, and other financial services. Their offerings include an ATM/Debit Card Program, international remittances, no surcharge ATMs, business share accounts, health savings accounts, no cost share drafts, share certificates with low minimum balance requirements, insurance/investment sales, student scholarships, business loans, credit builder, indirect consumer lending, interest only or payment option 1st mortgage loans, overdraft lines of credit, overdraft/protection/courtesy pay, participation loans, real estate loans, risk based loans, share secured credit cards, financial education, financial counseling, and a first time homebuyer program.


Official website here: www.southeastfinancial.org

Who is the CEO of Southeast Financial Credit Union CO Adam Toungette?

Adam Toungette is the Chair, Board Member of Southeast Financial Credit Union C/O Adam Toungette. The CEO's salary of Southeast Financial Credit Union CO Adam Toungette is $535,530 and their total compensation is $561,615.


Official website here: www.southeastfinancial.org

What is the revenue of Southeast Financial Credit Union CO Adam Toungette?

Southeast Financial Credit Union C/O Adam Toungette's revenue in 2022 was $24,888,572.


Official website here: www.southeastfinancial.org

Who are the executives of Southeast Financial Credit Union CO Adam Toungette and what are their salaries?

The average compensation at Southeast Financial Credit Union CO Adam Toungette during 2022 was $56,390. There are 173 employees and 11 volunteers at Southeast Financial Credit Union CO Adam Toungette.

Here are 20 key members and their salaries (Southeast Financial Credit Union CO Adam Toungette's CEO's salary is $535,530 and their total compensation is $561,615):

    John Jacoway (Ceo)
  • Compensation: $535,530
  • Related: $0
  • Other: $26,085

    • Jeff Dahlstrom (President)
  • Compensation: $517,068
  • Related: $0
  • Other: $30,427

    • Kendrick Coulthard (President Of Mfs)
  • Compensation: $252,426
  • Related: $0
  • Other: $32,052

    • Kelly Keenan (Coo)
  • Compensation: $193,964
  • Related: $0
  • Other: $21,727

    • Leigh Glover (Mfs Rep)
  • Compensation: $186,070
  • Related: $0
  • Other: $19,806

    • Lelah Hill (Vp, Human Resources)
  • Compensation: $151,076
  • Related: $0
  • Other: $16,524

    • David Harlan (Mfs Rep)
  • Compensation: $137,203
  • Related: $0
  • Other: $16,170

    • Susan Hamilton (Vp, Compliance And Trainin)
  • Compensation: $126,351
  • Related: $0
  • Other: $19,048

    • Ronnie Miller (Vp, Operations)
  • Compensation: $109,202
  • Related: $0
  • Other: $24,098

    • Cleo Duckworth (Chair, Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beverly A Hicks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelsie Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scarlet Sneed (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Hatmaker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Costner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Hale (Audit Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Arnold (Credit Appeals Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Crawford (Credit Appeals Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince Malone (Audit Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernie Leblanc (Credit Appeals Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southeastfinancial.org

    Where can I find the form 990 for Southeast Financial Credit Union CO Adam Toungette?

    The Southeast Financial Credit Union CO Adam Toungette’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southeastfinancial.org

    Learn more at the official website: www.southeastfinancial.org

    Mission Statement of Southeast Financial Credit Union CO Adam Toungette

    Southeast Financial Credit Union CO Adam Toungette, a leading financial institution, is committed to serving approximately 39,818 members by offering various financial services. The organization provides its members with access to loans, savings accounts, share certificates, and other financial products and services. These offerings include an ATM/Debit Card Program, international remittances, no-surcharge ATMs, business share accounts, health savings accounts, no cost share drafts, share certificates with low minimum balance requirements, insurance/investment sales, student scholarships, business loans, credit builder programs, indirect consumer lending, interest-only or payment option 1st mortgage loans, overdraft lines of credit, overdraft/protection/courtesy pay, participation loans, real estate loans, risk-based loans, share secured credit cards, financial education, financial counseling, and a first-time homebuyer program. Through these extensive services, Southeast Financial Credit Union CO Adam Toungette empowers its members to manage their finances effectively and secure their financial future. The institution's dedication to providing a comprehensive range of financial services demonstrates its commitment to helping its members achieve their financial goals.

    Impact

    This information is meant to be a general summary of Southeast Financial Credit Union CO Adam Toungette. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southeast Financial Credit Union, under the leadership of CO Adam Toungette, has a significant impact by providing essential financial services to approximately 39,818 members. These services include a wide range of offerings such as loans, savings accounts, share certificates, and other financial products. The credit union also provides various programs like ATM/debit card services, international remittances, business loans, student scholarships, and financial education initiatives.

    Through these services, Southeast Financial Credit Union plays a crucial role in fostering financial well-being and empowerment within the community it serves. By offering products like credit builder programs, first-time homebuyer initiatives, and financial counseling, the credit union helps its members achieve their financial goals and build a stronger financial future.

    Overall, CO Adam Toungette's leadership at Southeast Financial Credit Union has a positive impact by providing invaluable financial resources and support to individuals and businesses, contributing to the overall economic prosperity and stability of the community in Franklin, TN, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,156,518
  • Program Service Revenue: $17,712,395
  • Gross Receipts: $25,064,243

    • Assets and Liabilities:
  • Total Assets: $454,815,364
  • Total Liabilities: $421,475,021
  • Net Assets: $33,340,343
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONSUMER LOANS

    Revenue

    $11,574,777

    RESIDENTIAL RE LOANS

    Revenue

    $2,924,085

    COMM/AG RE LOANS

    Revenue

    $2,036,053

    OTHER LOANS

    Revenue

    $1,168,401

    CONSTRUCTION LOANS

    Revenue

    $9,079

    Organization Details

    Founding Year

    1936

    Principal Officer

    Adam Toungette

    Main Address

    220 SOUTH ROYAL OAKS BLVD, FRANKLIN, TN, 37064

    NTEE Category

    Code: W60 - Public benefit

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