Southeast Community Capital Corporation
EIN: 621823596 · Nashville, TN · NTEE: J20
| Metric | Value |
|---|---|
| Total Revenue | $65.1M |
| Total Expenses | $30.9M |
| Net Assets | $61.6M |
Is Southeast Community Capital Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeast Community Capital Corporation
Southeast Community Capital Corporation (EIN: 621823596) is a nonprofit organization based in Nashville, TN, classified under NTEE code J20. The organization reported total revenue of $65.1M and total assets of $368.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Community Capital Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Community Capital Corporation is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.2M |
| Total Expenses | $30.9M |
| Surplus / Deficit | +$14.3M |
| Total Assets | $336.2M |
| Total Liabilities | $274.6M |
| Net Assets | $61.6M |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 81.7% |
| Months of Reserves | 130.7 months |
Financial Health Grade: A
In 2023, Southeast Community Capital Corporation reported a surplus of $14.3M with revenue exceeding expenses, holds 130.7 months of operating reserves (strong position), has a debt-to-asset ratio of 81.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southeast Community Capital Corporation's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.5% | +4.7% | +18.6% |
| 2022 | +52.3% | +122.3% | +7.3% |
| 2021 | +10.5% | -28.9% | +38.7% |
| 2020 | +45.8% | +83.2% | +1.3% |
| 2019 | +7.8% | -25.6% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeast Community Capital Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southeast Community Capital Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.7%.
Frequently Asked Questions about Southeast Community Capital Corporation
Is Southeast Community Capital Corporation a legitimate charity?
Southeast Community Capital Corporation (EIN: 621823596) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $65.1M. No red flags identified. Financial health grade: A.
How does Southeast Community Capital Corporation spend its money?
Southeast Community Capital Corporation reported $65.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeast Community Capital Corporation tax-deductible?
Southeast Community Capital Corporation is registered as a tax-exempt nonprofit (EIN: 621823596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Community Capital Corporation located?
Southeast Community Capital Corporation is headquartered in Nashville, Tennessee and files with the IRS under EIN 621823596. It is classified under NTEE code J20.
How many years of IRS 990 filings does Southeast Community Capital Corporation have?
Southeast Community Capital Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $65.1M in total revenue.
Filing History
IRS 990 filing history for Southeast Community Capital Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southeast Community Capital Corporation's revenue has grown by 453.6%, moving from $8.2M to $45.2M. Total assets increased by 443.1% over the same period, from $61.9M to $336.2M. Total functional expenses rose by 597.6%, from $4.4M to $30.9M. In its most recent filing year (2023), Southeast Community Capital Corporation reported a surplus of $14.3M, with revenue exceeding expenses. The organization holds $274.6M in liabilities against $336.2M in assets (debt-to-asset ratio: 81.7%), resulting in net assets of $61.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.2M | $30.9M | $336.2M | $274.6M | — | View 990 |
| 2022 | $34.4M | $29.5M | $283.6M | $235.3M | — | View 990 |
| 2021 | $22.6M | $13.3M | $264.4M | $221.0M | — | View 990 |
| 2020 | $20.4M | $18.7M | $190.7M | $156.6M | — | View 990 |
| 2019 | $14.0M | $10.2M | $188.2M | $155.8M | — | View 990 |
| 2018 | $13.0M | $13.7M | $155.6M | $127.1M | — | View 990 |
| 2017 | $15.4M | $8.9M | $137.1M | $107.8M | — | View 990 |
| 2016 | $6.3M | $6.6M | $118.1M | $95.4M | — | View 990 |
| 2015 | $6.7M | $6.1M | $89.6M | $66.6M | — | View 990 |
| 2014 | $8.0M | $5.9M | $75.8M | $53.4M | — | View 990 |
| 2013 | $7.7M | $5.4M | $69.5M | $49.3M | — | View 990 |
| 2012 | $10.1M | $4.6M | $61.5M | $43.6M | — | View 990 |
| 2011 | $8.2M | $4.4M | $61.9M | $49.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.2M, expenses of $30.9M, and assets of $336.2M (revenue +31.5% year-over-year).
- 2022: Revenue of $34.4M, expenses of $29.5M, and assets of $283.6M (revenue +52.3% year-over-year).
- 2021: Revenue of $22.6M, expenses of $13.3M, and assets of $264.4M (revenue +10.5% year-over-year).
- 2020: Revenue of $20.4M, expenses of $18.7M, and assets of $190.7M (revenue +45.8% year-over-year).
- 2019: Revenue of $14.0M, expenses of $10.2M, and assets of $188.2M (revenue +7.8% year-over-year).
- 2018: Revenue of $13.0M, expenses of $13.7M, and assets of $155.6M (revenue -15.9% year-over-year).
- 2017: Revenue of $15.4M, expenses of $8.9M, and assets of $137.1M (revenue +146.5% year-over-year).
- 2016: Revenue of $6.3M, expenses of $6.6M, and assets of $118.1M (revenue -7.2% year-over-year).
- 2015: Revenue of $6.7M, expenses of $6.1M, and assets of $89.6M (revenue -16.0% year-over-year).
- 2014: Revenue of $8.0M, expenses of $5.9M, and assets of $75.8M (revenue +4.0% year-over-year).
- 2013: Revenue of $7.7M, expenses of $5.4M, and assets of $69.5M (revenue -23.5% year-over-year).
- 2012: Revenue of $10.1M, expenses of $4.6M, and assets of $61.5M (revenue +23.8% year-over-year).
- 2011: Revenue of $8.2M, expenses of $4.4M, and assets of $61.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Community Capital Corporation:
Data Sources and Methodology
This transparency report for Southeast Community Capital Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.