SELF HELP CREDIT UNION

DURHAM, NC | Durham County
Mission-Driven Bank or Credit Union

Overview

SELF HELP CREDIT UNION
56-1382971
301 W MAIN ST
DURHAM, NC 27701
Durham County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Mission-Driven Bank or Credit Union
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
922
Endowment fund or financial services
279
Other services or benefits to members or employees
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Mission-Driven Bank or Credit Union
Bank or credit union that has been certified by the U.S. Treasury as a Community Development Financial Institution.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
10/25/2013
Native American CDFI info
N
Financial Institution Type info
Credit Union
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2017
$3,400,000
Capital Magnet Fund
2016
$1,347,000
CDFI Financial Assistance
2015
$3,000,000
Healthy Food Financial Initiative Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$58.5M
Revenue
$58.5M
Assets
$1.1B
Exempt Ruling Date info
1969-08
Deductibility Status info
Not Deductible
Last Tax Filing info
2019
Organization Type info
Association
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Subordinate Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)

Nonprofit Location

Physical Address info
301 W MAIN ST
DURHAM, NC 27701
Durham County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
20500
MSA/MD info
37
State info
063
County info
0022.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
20500 - Durham-Chapel Hill, NC
Combined Statistical Area info
450 - Raleigh-Durham-Cary, NC
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 33.40%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0022.00 Durham County
Population
Total Population 3,177 317,665
Total Households 1,323 130,128
Income
Median Family Income (Census*) $128,036 $62,812
Median Family Income (2022 FFIEC est.) $92,900 N/A
Tract Income Percentage 151.04% N/A
Below Poverty Level 21.1% 13.5%
Unemployment Level 3.8% 4.7%
Housing
Total Housing Units 1,581 139,199
Total Owner-Occupied Units 21.0% 55.4%
Total Renter-Occupied Units 62.7% 44.6%
Total Vacant Units 16.3% 6.1%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

17
Total Voting Members
in Governing Body
info
15
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Randy Chambers
President
(919) 956-4400
Principal Officer info
Randy Chambers
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.