Southern Select Community Credit Union

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

9 people listed

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Community chartered credit union

Total members: 6,038 total share deposits: 29,057,830 total loans: 19,454,919 total amount of loans: 1,794

Revenue model: Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 3.6%; rating input score 52; 52nd percentile among comparable filings
Total-asset coverage ratio: 18.23; rating input score 96; 96th percentile among comparable filings
Liabilities to assets ratio: 0.88; rating input score 10; 10th percentile among comparable filings
Officer compensation ratio: 8%; rating input score 44; 44th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 0.3% per year; rating input score 100; 30th percentile among comparable filings
Asset growth: 0.7% per year; rating input score 100; 36th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 7 of 7 board members independent · 5 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $84K · 9 people listed
Consistency: 11 of 11 current checks pass
Schedules: 2 filed schedules
Filing history: 6 filing years from 2010 to 2015
Contacts: How to reach this organization
Money network: 2 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.