Nonprofit · EIN 56-1382971
SELF HELP CREDIT UNION
Tax-exempt · DURHAM, NC 27702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $102,180,876 | $77,223,875 | $24,957,001 | $1,979,006,644 | $1,716,112,628 | $262,894,016 |
| December 31, 2023 | 990 | $92,846,991 | $63,096,264 | $29,750,727 | $1,759,689,863 | $1,520,426,660 | $239,263,203 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $93,764,916
- Investment income
- $8,415,960
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- -$19,046
- Accounting fees
- $89,515
- Occupancy
- $3,157,295
- Travel
- $603,425
- Depreciation
- $1,956,513
Balance sheet and other
- Total assets, start of year
- $1,759,689,863
- Total assets, end of year
- $1,979,006,644
- Total liabilities, end of year
- $1,716,112,628
- Net assets, end of year
- $262,894,016
- Land, buildings and equipment
- $57,041,015
- Publicly traded securities
- $8,538,874
- Gross unrelated business income
- $151,487
- Gross receipts
- $102,180,876
- Employees
- 0
- Year formed
- 1983
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Randy Chambers | President of SHCU Officer | 0 | $0 | $101,573 | $41,313 |
| Adam Herbage | Application Dev Lead Highest-paid employee | 40 | $0 | $114,356 | $23,595 |
| Martin Eakes | CEODirector Trustee or director, Officer | 0 | $0 | $100,961 | $35,827 |
| Kerri J Smith | Regional President Highest-paid employee | 40 | $0 | $108,785 | $24,351 |
| Brandon Coleman | Asst General Counsel Highest-paid employee | 40 | $0 | $108,241 | $23,747 |
| Ronald Wiley | Regional Director Highest-paid employee | 40 | $0 | $109,545 | $22,384 |
| Sharon L Carlson | Dir Remote Prod Services Highest-paid employee | 40 | $0 | $111,884 | $14,057 |
| Cameron Eagles | Director Trustee or director | 40 | $0 | $100,231 | $19,392 |
| Juan Coronel | Director Trustee or director | 40 | $0 | $71,236 | $18,162 |
| Doris Asbury | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ivan Parra | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ed Fulbright | Director Trustee or director | 0 | $0 | $0 | $0 |
| Tessa Petit | Director Trustee or director | 0 | $0 | $0 | $0 |
| Natalie Williams | Director Trustee or director | 0 | $0 | $0 | $0 |
| Jackie Mondora | Director Trustee or director | 0 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LaTorrie Geer | Director Trustee or director | 0 | $0 |
| Jose Oliva | Director Trustee or director | 0 | $0 |
| Laura Pichardo-Cruz | Director Trustee or director | 0 | $0 |
| Annie Lord | Director Trustee or director | 0.5 | $0 |
| Deborah McKetty | Chair Trustee or director, Officer | 0 | $0 |
| F David Kearns | Treasurer Trustee or director, Officer | 0 | $0 |
| Scott Misner | Secretary Trustee or director, Officer | 0 | $0 |
| Thomas King | Vice Chair Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Randy Chambers | President Officer | 0 | $0 | $96,777 | $40,752 |
| Holton Wilkerson | Director Trustee or director | 0 | $0 | $96,040 | $39,983 |
| Martin Eakes | CEODirector Trustee or director, Officer | 0 | $0 | $97,699 | $33,733 |
| Kerri J Smith | Regional President Highest-paid employee | 40 | $0 | $104,516 | $23,759 |
| Lewis A Dancy | SVP Highest-paid employee | 40 | $0 | $104,685 | $22,504 |
| Ronald Wiley | Regional Director Highest-paid employee | 40 | $0 | $104,447 | $22,391 |
| James Shedlick | Chief Information Officer Highest-paid employee | 40 | $0 | $104,918 | $20,264 |
| Sharon L Carlson | Dir Remote Prod Services Highest-paid employee | 40 | $0 | $106,705 | $13,496 |
| Cameron Eagles | Director Trustee or director | 40 | $0 | $90,878 | $18,011 |
| Jackie Mondora | Director Trustee or director | 0 | $0 | $0 | $0 |
| Laura Pichardo-Cruz | Director Trustee or director | 0 | $0 | $0 | $0 |
| Jose Oliva | Director Trustee or director | 0 | $0 | $0 | $0 |
| LaTorrie Geer | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ed Fulbright | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ivan Parra | Director Trustee or director | 0 | $0 | $0 | $0 |
| Doris Asbury | Director Trustee or director | 0 | $0 | $0 | $0 |
| Edward Byron | Director Trustee or director | 0 | $0 | $0 | $0 |
| Laura Jackson | Director Trustee or director | 0 | $0 | $0 | $0 |
| Natalie Williams | Director Trustee or director | 0 | $0 | $0 | $0 |
| Tessa Petit | Director Trustee or director | 0 | $0 | $0 | $0 |
| F David Kearns | Director Treasurer Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Deborah McKetty | Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Thomas King | Vice Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Scott Misner | Secretary Trustee or director, Officer | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3619, DURHAM, NC 27702-3619
- In care of
- % RANDY CHAMBERS
- Principal officer (990 for 2024)
- Randy Chambers, 301 W Main Street, Durham, NC 27701
- Signed the 990
- RANDY CHAMBERS, President
- Phone
- (919) 956-4400
- Website
- www.self-help.org
Mission
Our mission is to create ownership and economic opportunities for all, especially people of color, women, rural residents,low-wealth families and communities. We provide loans to members at reasonable rates and pay competitive rates of interest to members.
Program accomplishments
- Provided consumer, mortgage, and business loans to members at reasonable rates, with a goal of improving the social or economic conditions of members, especially low-income persons. A total of 3,481 loans were originated in 2024. Provided services and paid competitives rates of interest to members. Total members served 88,916
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1382971
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2032: STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA
- Assets (IRS master file)
- $1,979,006,644
- Income (IRS master file)
- $102,180,876
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $102,180,876 | $77,223,875 | $1,979,006,644 | XML |
| 990 | December 2023 | $92,846,991 | $63,096,264 | $1,759,689,863 | XML |
| 990 | December 2022 | $77,946,111 | $49,710,208 | $1,812,435,213 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1382971).
Questions about SELF HELP CREDIT UNION
- What is the EIN of SELF HELP CREDIT UNION?
- The employer identification number (EIN) of SELF HELP CREDIT UNION is 56-1382971.
- Is SELF HELP CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
- Are donations to SELF HELP CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SELF HELP CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SELF HELP CREDIT UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SELF HELP CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SELF HELP CREDIT UNION?
- The 990 for the year ended December 31, 2024 names Randy Chambers.
- Who are the officers and directors of SELF HELP CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
- How much revenue does SELF HELP CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $102,180,876, expenses of $77,223,875 and total assets of $1,979,006,644 at year end.
Other nonprofits in DURHAM
- DUKE UNIVERSITY HEALTH SYSTEM INC EIN 56-2070036 · last filed 990 for 2025
- DUKE UNIVERSITY EIN 56-0532129 · last filed 990 for 2025
- GOTHIC CORPORATION EIN 56-1776668 · last filed 990 for 2025
- DUKE HEALTH INTEGRATED PRACTICE INC EIN 86-2109896 · last filed 990 for 2025
- GOTHIC HSP CORPORATION EIN 27-1325761 · last filed 990 for 2025
- FAMILY HEALTH INTERNATIONAL EIN 23-7413005 · last filed 990 for 2025
- L C IND INC EIN 56-0686307 · last filed 990 for 2025
- NCINNOVATION INC EIN 84-4902334 · last filed 990 for 2025