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Southern Energy Credit Union

501(c)
DBA: % DERRICK RAGLAND JR
Other · BIRMINGHAM, AL · EIN 63-0328360

About

Cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest.

In care of Derrick Ragland JR

Donations are NOT tax-deductible
Category
Other
Employees
204
Volunteers
17

Financial Snapshot

FY ending 2024-12-31
Revenue
$119.3M
Expenses
$110.8M
Assets
$3.5B
Liabilities
$3.2B

Financial history

$119.3M$59.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $119.3M · Avg: $86.0M
SOUTHERN ENERGY CREDIT UNION
Your actions

Address

750 17TH ST N
Birmingham, AL, 35203-202

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.