SOUTHERN SECURITY FEDERAL CREDIT UNION
COLLIERVILLE, TN | Shelby County
Mission-Driven Bank or Credit Union
Overview
SOUTHERN SECURITY FEDERAL CREDIT UNION
62-0482937
765 W POPLAR AVE
COLLIERVILLE, TN 38017
Shelby County
COLLIERVILLE, TN 38017
Shelby County
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Mission-Driven Bank or Credit Union
Nonprofit location
- Majority Minority Census Tract
Awards & Certifications
- CDFI Organization
- CDFI Award Recipient
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
-
Not reported
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
-
Not reported
CRA Alignment
CRA Category
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
Community Development Financial Institution
Date Certified
Not Available
Native American CDFI
N
Financial Institution Type
Credit Union
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
Year | Amount | Program | Awardee Name |
2019 | $799,000 | CDFI Financial Assistance | Southern Security Federal Credit Union |
2021 | $1,500,000 | CDFI Rapid Response Program (COVID-19) | Southern Security Federal Credit Union |
Includes CDFI Fund awards granted between January 2013 and December 2023
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
-
Revenue
-
Assets
-
Not reported by IRS.
The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.
IRS Business Master File Details
As of November 2022 Update
Exempt Ruling Date
1952-06
Deductibility Status
Not Deductible
Last Tax Filing
Not required to file by IRS
Organization Type
Association
Organization Tax Filing Status
990 - Government 501(c)(1)
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
All organizations except 501(c)(3)
IRS Publication 78 Details
As of April 2023
Verified in Publication 78
No
Deductibility Limitation
Not reported
Organization Description
Not reported
Nonprofit Location
Physical Address
765 W POPLAR AVE
COLLIERVILLE, TN 38017
Shelby County
COLLIERVILLE, TN 38017
Shelby County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
32820
MSA/MD
47
State
157
County
0216.20
Tract
Middle
Income Level
Core-Based Statistical Area
32820 - Memphis, TN-MS-AR
Combined Statistical Area
368 - Memphis-Forrest City, TN-MS-AR
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
60.19%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Market Data
Census Tract | County | |
---|---|---|
0216.20 | Shelby County | |
Population | ||
Total Population | 3,067 | 929,178 |
Total Households | 1,148 | 354,736 |
Income | ||
Median Family Income (Census*) | $70,202 | $55,015 |
Median Family Income (2022 FFIEC est.) | $76,200 | $76,200 |
Tract Income Percentage | 103.22% | N/A |
Below Poverty Level | 15.9% | 18.6% |
Unemployment Level | 12.9% | 7.6% |
Housing | ||
Total Housing Units | 1,200 | 400,662 |
Total Owner-Occupied Units | 42.3% | 55.6% |
Total Renter-Occupied Units | 53.3% | 44.4% |
Total Vacant Units | 4.3% | 8.6% |
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
Management
Not reported
Total Voting Members
in Governing Body
in Governing Body
Not reported
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Not reported by nonprofit.
Principal Officer
Not reported by nonprofit.
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
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
Organization Activities
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.

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