SOUTHERN SECURITY FEDERAL CREDIT UNION

COLLIERVILLE, TN | Shelby County
Mission-Driven Bank or Credit Union
SOUTHERN SECURITY FEDERAL CREDIT UNION
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

SOUTHERN SECURITY FEDERAL CREDIT UNION
62-0482937
765 W POPLAR AVE
COLLIERVILLE, TN 38017
Shelby County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Mission-Driven Bank or Credit Union
Nonprofit location info
  • Majority Minority Census Tract
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
-
Not reported
-
Not reported
-
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
Not Available
Native American CDFI info
N
Financial Institution Type info
Credit Union
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2019 $799,000 CDFI Financial Assistance open_in_new Southern Security Federal Credit Union
2021 $1,500,000 CDFI Rapid Response Program (COVID-19) open_in_new Southern Security Federal Credit Union

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

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 info

As of November 2022 Update
Exempt Ruling Date info
1952-06
Deductibility Status info
Not Deductible
Last Tax Filing info
Not required to file by IRS
Organization Type info
Association
Organization Tax Filing Status info
990 - Government 501(c)(1)
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)

IRS Publication 78 Details info

As of April 2023
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

Nonprofit Location

Physical Address info
765 W POPLAR AVE
COLLIERVILLE, TN 38017
Shelby County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
32820
MSA/MD info
47
State info
157
County info
0216.20
Tract info
Middle
Income Level info
Core-Based Statistical Area info
32820 - Memphis, TN-MS-AR
Combined Statistical Area info
368 - Memphis-Forrest City, TN-MS-AR
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 60.19%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

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.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body info
Not reported
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
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 Whistleblower 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
Organization 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.