Southeast Community Capital Corporation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO PROVIDE LENDING SOLUTIONS AND EDUCATIONAL SERVICES WHICH SUPPORT THE DEVELOPMENT, GROWTH, AND PRESERVATION OF UNDERSERVED SMALL BUSINESSES, AFFORDABLE HOUSING, AND SUSTAINABLE COMMUNITIES.
- Income
- $65.1 million
- Spending
- $29.8 million
- Spent on programs
- 95%
- Reserves
- 38.1 months of spending
- Largest source of income
- donations and private grants, 61%
- Employees
- 66
- Volunteers
- 9
- Highest pay
- $577,786, president and ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 71% of charities in its peer group (employment, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 38.1 months of spending.
Debt
5 of 20It owes 74% of what it owns.
Living within its means
15 of 15Income exceeded spending by 54% of income.
Income trend
15 of 15Income rose 44% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 83 out of 100. Higher than 11% of charities in its peer group (employment, $10m to $100m).
Independent board
25 of 255 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $25.4 million spent. LENDING PROGRAM: AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. DEPARTMENT OF THE TREASURY, SOUTHEAST COMMUNITY CAPITAL DBA PATHWAY LENDING PROVIDES FINANCING FOR AFFORDABLE MULTIFAMILY HOUSING AND LOANS TO QUALIFIED SMALL AND DISADVANTAGED BUSINESSES THROUGH VARIOUS GOVERNMENT AND NON-PROFIT LENDING PROGRAMS, INCLUDING: U.S. SMALL BUSINESS ADMINISTRATION (SBA), U.S. TREASURY DEPARTMENT CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), THE APPALACHIAN REGIONAL COMMISSION (ARC), THE TENNESSEE RURAL OPPORTUNITY FUND, THE TENNESSEE ENERGY EFFICIENCY LOAN PROGRAM, THE TENNESSEE SMALL BUSINESS JOB OPPORTUNITY FUND AND THE ALABAMA SMALL BUSINESS JOB OPPORTUNITY FUND, ETC. WE FOCUS OUR ACTIVITIES ON UNDERSERVED TARGET MARKETS THAT INCLUDE BUSINESSES LOCATED IN QUALIFIED INVESTMENT AREAS (AS DEFINED BY LOW-INCOME CENSUS TRACTS, POVERTY RATES, AND UNEMPLOYMENT STATISTICS), AND AFRICAN AMERICAN OWNED BUSINESSES. OUR SERVICE AREA INCLUDES TENNESSEE AND ALABAMA, AS WELL AS PORTIONS OF MISSISSIPPI, ARKANSAS, AND KENTUCKY.SOUTHEAST COMMUNITY CAPITAL CORPORATION MADE 147 LOANS AND LINES OF CREDIT TOTALING MORE THAN $16.7MM TO SUPPORT THE CREATION, PRESERVATION, AND GROWTH OF SMALL BUSINESSES IN 2024. THE ORGANIZATION ALSO SUPPORTED COMMERCIAL REAL ESTATE, AFFORDABLE HOUSING AND MIXED-USE REAL ESTATE INITIATIVES BY MAKING 21 LOANS TOTALING OVER $17.3MM TO SUPPORT THE ACQUISITION, DEVELOPMENT, AND REHABILITATION OF COMMERCIAL REAL ESTATE, 9 LOANS TOTALING OVER $16.1MM TO SUPPORT AFFORDABLE MULTIFAMILY RENTAL HOUSING, AND 3 LOANS TOTALING OVER $1.3MM TO SUPPORT MIXED-USE DEVELOPMENTS IN THE MEMPHIS MEDICAL DISTRICT, WHICH RESULTED IN THE CREATION AND PRESERVATION OF APPROXIMATELY 162 RENTAL UNITS. SOUTHEAST COMMUNITY CAPITAL CORPORATION ALSO OFFERS CLIMATE-CENTERED LOANS. IN 2024, IT MADE 26 LOANS TOTALING APPROXIMATELY $8.8MM TO SUPPORT THE IMPLEMENTATION OF ENERGY EFFICIENCY AND RENEWABLE ENERGY PROJECTS AT BUSINESSES ACROSS TENNESSEE. TOTAL ANNUAL ENERGY SAVINGS FROM THE ENERGY LOANS WERE $364,982 WITH 3,406,854 KWH GENERATED THROUGH RENEWABLE SOURCES OR SAVED THROUGH EFFICIENCY EFFORTS.
- $2.8 million spent. EDUCATIONAL PROGRAM: SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDES BUSINESS EDUCATION AND TECHNICAL ASSISTANCE TO SMALL AND DISADVANTAGED BUSINESSES THROUGH VARIOUS GOVERNMENT AND NON-PROFIT SUPPORT PROGRAMS, INCLUDING: THE U.S. SMALL BUSINESS ADMINISTRATION AND VARIOUS FOUNDATIONS. SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDES THIS THROUGH VARIOUS INTERNAL PROGRAMS, SUCH AS THE PATHWAY LENDING BUSINESS ADVISORY SERVICES TEAM, EMERGING DEVELOPER PROGRAM, WOMEN'S BUSINESS CENTER, AND VETERANS BUSINESS OUTREACH CENTER. THE ASSISTANCE INCLUDES ACCESS TO FINANCIAL SERVICES, ACCESS TO CAPITAL NEEDS AND INCLUDES CLASSROOM EDUCATION, 1-ON-1 ASSISTANCE, AND PEER LEARNING.IN 2024 SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDED 14,957 HOURS OF EDUCATION; 9,399 WERE IN CLASSROOM/EVENTS SETTINGS, 5,558 WERE ONE-ON-ONE COUNSELING SESSIONS. THERE WERE 2,874 UNIQUE EDUCATION CLIENTS SERVED, 74% WERE REPRESENTATIVE OF PATHWAY LENDING'S CDFI TARGET MARKETS (AS DEFINED BY BEING LOCATED IN QUALIFIED LOW-TO-MODERATE INCOME CENSUS TRACTS, OR HAVING A MAJORITY LOW-INCOME OR MINORITY OWNER), WITH 40% BEING FEMALE, AND 53% BEING AFRICAN AMERICAN. THERE WERE 73 CLASSES, NETWORKING EVENTS, AND COHORT-BASED LEARNING SESSIONS CONDUCTED THAT FOCUSED ON ENTREPRENEURIAL EDUCATION IN AREAS SUCH AS CASH FLOW MANAGEMENT, FINANCIAL PREPARATION, REVENUE AND EXPENSE PROJECTIONS, ACCOUNTING SYSTEMS, AND MANAGEMENT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.