State Employees' Credit Union
TO BE THE TRUSTED PROVIDER OF FINANCIAL SERVICES TO EVERY ELIGIBLE MEMBER AND TO ENHANCE THE VALUE OF THEIR LIVES AND FINANCIAL WELL-BEING WHILE MAINTAINING OUR FISCAL STRENGTH.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$56.4B
+13.7% YoY
Annual Giving
$356K
-89.7% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$32K
-89.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $56,444,772,890 | $49,625,413,489 | $53,195,296,849 |
| Revenue | $2,616,980,178 | $2,176,491,752 | $1,663,323,190 |
| Expenses | $2,414,379,999 | $1,593,476,956 | $1,107,033,903 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $468,258,681 | $402,643,859 | $130,302,246 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does State Employees' Credit Union fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES HAYES | PRESIDENT (THRU 7/21/23) | 40 | $1,166,700 |
| LEIGH BRADY | PRESIDENT | 40 | $973,775 |
| REX SPIVEY | CHIEF FINANCIAL OFFICER | 40 | $641,501 |
| STACIE WALKER | CHIEF LENDING OFFICER | 40 | $528,063 |
| BRIDGET WELBORN | CHIEF RISK OFFICER (THRU 12/6/23) | 40 | $524,095 |
| JOSHUA BOMBA | CHIEF INFORMATION TECHNOLOGY OFFICER | 40 | $465,708 |
| JENNIFER HAMRICK | CHIEF OPERATIONS DIRECTOR | 40 | $452,100 |
| SARA TREXLER | CHIEF ADMINISTRATIVE OFFICER | 40 | $439,922 |
| JARED BENESH | EVP - MEMBER EXPERIENCE | 40 | $422,601 |
| JOHN SYKES | EVP - DEPUTY CHIEF FINANCIAL OFFICER | 40 | $412,443 |
| JAMIE APPLEQUIST | EVP - CHIEF PROPERTY OFFICER | 40 | $405,532 |
| DAMIAN CARTER | REGIONAL SVP (THRU 12/4/23) | 40 | $406,123 |
| WILLIAM DEANS | EVP - DIRECTOR OF IT OPERATIONS | 40 | $384,919 |
| JONATHAN DALLAIRE | EVP DIRECTOR CHIEF SECURITY OFFICER | 40 | $311,750 |
| EMMA HAYES | CHIEF LEARNING & EXPERIENCE | 40 | $335,444 |
| JONATHAN COBURN | EVP LOAN ORGINATIONS & SYSTEMS OPERATIONS | 40 | $326,966 |
| CATHY PLAUT | CHIEF LEGAL OFFICER - GENERAL COUNSEL | 40 | $314,909 |
| SPENCER SCARBORO | EVP LOAN RISK & SERVICING OPERATIONS | 40 | $310,184 |
| CARL SEABROOK | CHIEF AUDIT AND REGULATORY | 40 | $327,484 |
| SARAH THOMPSON | CHIEF RISK OFFICER | 40 | $165,240 |
| MARK FLEMING | DIRECTOR | 5 | $2,320 |
| THOMAS PARRISH IV | DIRECTOR (THRU 10/10/23) | 5 | $1,496 |
| MCKINLEY WOOTEN | DIRECTOR | 5 | $1,455 |
| MONA MOON | CHAIRMAN | 5 | — |
| STELFANIE WILLIAMS | VICE CHAIR | 5 | — |
| ALICE GARLAND | VICE CHAIR (THRU 10/10/23) | 5 | — |
| JENNIFER HAYGOOD | SECRETARY/TREASURER | 5 | — |
| BARBARA PERKINS | DIRECTOR (START 10/10/23) | 5 | — |
| BEN MCLAWHORN | DIRECTOR | 5 | — |
| BOB BRINSON | DIRECTOR | 5 | — |
| CHRIS AYERS | DIRECTOR | 5 | — |
| CHUCK STONE | DIRECTOR (START 10/10/23) | 5 | — |
| JO ANNE SANFORD | DIRECTOR (THRU 10/10/23) | 5 | — |
| MICHAEL CLEMENTS | DIRECTOR (START 10/10/23) | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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