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Filing year 2024

SOUTHEAST FINANCIAL CREDIT UNION C/O ADAM TOUNGETTE

Franklin, Tennessee·EIN 62-0382058·14
Total revenue
$31.6M
Total assets
$457.3M
Total expenses
$30.9M
Reported officers
17
Mission

PROVIDE FINANCIAL SERVICES FOR APPROXIMATELY 38,654 MEMBERS IN THE FORM OF LOANS, SAVINGS ACCOUNTS, SHARE CERTIFICATES AND OTHER FINANCIAL SERVICES.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$1M
$1.1M
Base
$443k
Bonus
$505k
Other
$25k
Benefits
$18k
Base
$444k
Bonus
$493k
Other
$31k
Benefits
$13k
President of Sfwm
highest compensated employee
$385k
$408k
Base
$53k
Bonus
$305k
Other
Benefits
$12k
Base
$209k
Bonus
$1k
Other
$4k
Benefits
$12k
Clo
officer (unspecified)
$221k
$234k
Base
$199k
Bonus
$1k
Other
Benefits
$12k
Cao
officer (unspecified)
$212k
$225k
Base
$196k
Bonus
$1k
Other
Benefits
$14k
Vp, Human Resources
vice president
$205k
$218k
Base
$180k
Bonus
$7k
Other
Benefits
$12k
Vp, Compliance and Trainin
vice president
$166k
$176k
Base
$141k
Bonus
$1k
Other
$1k
Benefits
$17k
Director, Information Technology
chief information officer
$154k
$164k
Base
$142k
Bonus
$1k
Other
Benefits
$12k
Vp, Risk Management
vice president
$145k
$154k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 59%
from 2023

From $633k in 2023 to $1M in 2024.

$633k
2023
$1M
2024
In today's dollarsEst.
Up 55% in real terms$692k to $1.1M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTHEAST FINANCIAL CREDIT UNION C/O ADAM TOUNGETTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$29.3M
$28.3M
2023
$31.6M
$30.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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