SOUTHEAST COMMUNITY CAPITAL CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SOUTHEAST COMMUNITY CAPITAL CORPORATION (EIN 62-1823596)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-15
IRS object ID: 201331359349303513
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-15T12:20:26-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	620713250	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KRAFTCPAS PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 GREAT CIRCLE ROAD	AddressLine1
City	NASHVILLE	City
State	TN	State
ZIP Code	37228	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	621823596	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHEAST COMMUNITY CAPITAL CORPORATION	BusinessNameLine1
Business Name Line2	D/B/A PATHWAY LENDING	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	SOUT	NameControl
Phone	6154257184	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	201 VENTURE CIRCLE	AddressLine1
City	NASHVILLE	City
State	TN	State
ZIP Code	37228	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CLINT GWIN	Name
Title	PRESIDENT	Title
Phone	6152546113	Phone
Date Signed	2013-05-15	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KEVIN DOSTALER	Name
PTIN	P01269951	PTIN
Phone	6152427351	Phone
Date Prepared	2013-05-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CLINT GWIN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	201 VENTURE CIRCLE	AddressLine1
City	NASHVILLE	City
State	TN	State
ZIP Code	37228	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	10100270	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.PATHWAYLENDING.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1999	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE UNDERSERVED SMALL BUSINESSES WITH LENDING SOLUTIONS AND EDUCATIONAL SERVICES THAT RESULT IN JOB CREATION AND ECONOMIC DEVELOPMENT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	22	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	6171407	ContributionsGrantsPriorYear
Contributions Grants Current Year	7756898	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1589577	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2118846	ProgramServiceRevenueCY
Investment Income Prior Year	397927	InvestmentIncomePriorYear
Investment Income Current Year	224526	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	8158911	TotalRevenuePriorYear
Total Revenue Current Year	10100270	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1682669	SalariesEtcPriorYear
Salaries Etc Current Year	2259808	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2741420	OtherExpensePriorYear
Other Expenses Current Year	2346029	OtherExpensesCurrentYear
Total Expenses Prior Year	4424089	TotalExpensesPriorYear
Total Expenses Current Year	4605837	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3734822	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	5494433	RevenuesLessExpensesCY
Total Assets BOY	61900394	TotalAssetsBOY
Total Assets EOY	61494398	TotalAssetsEOY
Total Liabilities BOY	49493386	TotalLiabilitiesBOY
Total Liabilities EOY	43592957	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	12407008	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	17901441	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO STIMULATE ECONOMIC DEVELOPMENT AND JOB CREATION THROUGH SMALL BUSINESS LENDING TO LOW INCOME, DISADVANTAGED AND START-UP COMPANIES THAT LACK ACCESS TO TRADITIONAL BANKING CREDIT. AT DECEMBER 31, 2012, SOUTHEAST COMMUNITY CAPITAL HAD 181 LOANS TO SMALL, START-UP AND DISADVANTAGED BUSINESSES THAT LACKED ACCESS TO TRADITIONAL BANKING CREDIT.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	4377731	Expense
Revenue	2343372	Revenue
Description	LENDING PROGRAMS: PROVIDE SMALL BUSINESSES WITH ACCESS TO FINANCIAL SERVICES, INCLUDING EDUCATIONAL AND TECHNICAL ASSISTANCE. SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDES SMALL BUSINESS LOANS TO QUALIFIED SMALL AND DISADVANTAGED BUSINESSES THROUGH VARIOUS GOVERNMENT AND NON-PROFIT LENDING PROGRAMS, INCLUDING: U.S. SMALL BUSINESS ADMINISTRATION (SBA), U.S.D.A. RURAL DEVELOPMENT, U.S. TREASURY DEPARTMENT CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), TN RURAL OPPORTUNITY FUND AND TENNESSEE SMALL BUSINESS JOB OPPORTUNITY FUND, ETC.	Description
Total Program Service Expense	4377731	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	34	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	22	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	TN	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	BARBARA HARRIS	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	6154257184	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	201 VENTURE CIRCLE	AddressLine1
City	NASHVILLE	City
State	TN	State
ZIP Code	37228	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
JIM CARTER
CHAIRMAN	3.00	X	0	0	0
MARY NEIL PRICE
DIRECTOR	3.00	X	0	0	0
SAM HOWARD
DIRECTOR	3.00	X	0	0	0
HUGH QUEENER
DIRECTOR	3.00	X	0	0	0
TOM ROGERS
DIRECTOR	3.00	X	0	0	0
JOY FISHER
DIRECTOR	3.00	X	0	0	0
DAVE BEREZOV
DIRECTOR	3.00	X	0	0	0
BOB BALZAR
DIRECTOR	3.00	X	0	0	0
CLINT GWIN
PRESIDENT	60.00		254655	0	12490	X
HANK HELTON
SENIOR VICE PRESIDENT	60.00		189812	0	10893	X
AMY BUNTON
SENIOR VICE PRESIDENT	60.00		194316	0	9888	X
BARBARA HARRIS
CFO	60.00		164945	0	11905	X
DAN WISON
VP OF LENDING OPERATIONS	50.00		102868	0	5905		X
JOHN BURTHCHAEL
CCO	40.00		114597	0	9891		X
ROBERT WHITE
DIRECTOR OF DEVELOPMENT	40.00		123840	0	5280		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1145033	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	66252	TotalOtherCompensation
Number Individuals GT100 K	7	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	RICK MARSH	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	718 THOMPSON LANE	AddressLine1
City	NASHVILLE	City
State	TN	State
ZIP Code	37204	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	CONSULTING	DescriptionOfServices
Compensation	106382	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Government Grants	5792963	GovernmentGrants
All Other Contributions	1963935	AllOtherContributions
Total Contributions	7756898	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
LOAN INTEREST	900099	1891009	1891009
FINANCING FEES AND CHARGES	900099	152874	152874
MANAGEMENT FEES	900099	74963	74963

Field	Value	IRS element (for citing)
Total Program Service Revenue	2118846	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	224526	TotalRevenueColumn
Related Or Exempt Function Income	224526	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10100270	TotalRevenueColumn
Related Or Exempt Function Income	2343372	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	848905	Total
Program Services	760106	ProgramServices
Management And General	88799	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1100100	Total
Program Services	1074066	ProgramServices
Management And General	26034	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	15260	Total
Program Services	14899	ProgramServices
Management And General	361	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	156628	Total
Program Services	152922	ProgramServices
Management And General	3706	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	138915	Total
Program Services	135628	ProgramServices
Management And General	3287	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	116414	Total
Program Services	104658	ProgramServices
Management And General	11756	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	114186	Total
Program Services	113863	ProgramServices
Management And General	323	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	61251	Total
Program Services	53116	ProgramServices
Management And General	8135	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	205875	Total
Program Services	191494	ProgramServices
Management And General	14381	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	51176	Total
Program Services	47880	ProgramServices
Management And General	3296	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	62374	Total
Program Services	56293	ProgramServices
Management And General	6081	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	92576	Total
Program Services	81312	ProgramServices
Management And General	11264	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	125019	Total
Program Services	120419	ProgramServices
Management And General	4600	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	30924	Total
Program Services	27027	ProgramServices
Management And General	3897	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	737431	Total
Program Services	733579	ProgramServices
Management And General	3852	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	63159	Total
Program Services	53180	ProgramServices
Management And General	9979	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	61884	Total
Program Services	46367	ProgramServices
Management And General	15517	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
LOAN LOSS PROVISION	439752	439752	0
MISCELLANEOUS	75431	75323	108
TELECOMMUNICATIONS	41847	37685	4162
DUES, LICENSES & PERMIT	40007	34641	5366

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	26723	Total
Program Services	23521	ProgramServices
Management And General	3202	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4605837	Total
Program Services	4377731	ProgramServices
Management And General	228106	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
EOY	8008397	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	36208812	BOY
EOY	23292851	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	748469	BOY
EOY	10267	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	141123	BOY
EOY	150909	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	23200888	BOY
EOY	28430926	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	47493	BOY
EOY	56106	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1999263	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	470361	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1547326	BOY
EOY	1528902	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6283	BOY
EOY	16040	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	61900394	BOY
EOY	61494398	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	560630	BOY
EOY	618094	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	9742675	BOY
EOY	7404388	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	13355610	BOY
EOY	13211067	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	25237641	BOY
EOY	21734184	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	596830	BOY
EOY	625224	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	49493386	BOY
EOY	43592957	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	11696968	BOY
EOY	17221841	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	710040	BOY
EOY	679600	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	12407008	BOY
EOY	17901441	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	61900394	BOY
EOY	61494398	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	5494433	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	771363	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2597890	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9538418	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6171407	CurrentTaxYearMinus1Year
Current Tax Year	7756898	CurrentTaxYear
Total	26835976	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4000	CurrentTaxYearMinus3Years
Total	10000	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	777363	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2601890	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9538418	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6171407	CurrentTaxYearMinus1Year
Current Tax Year	7756898	CurrentTaxYear
Total	26845976	Total

Field	Value	IRS element (for citing)
Public Support Total170	26845976	PublicSupportTotal170
Total Support	26845976	TotalSupport
Gross Receipts From Admissions Etc	8530767	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	1.00000	PublicSupportPertcentage170
Public Support Pertcent Prior Year	1.00000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1624992	OtherCostOrOtherBasis
Depreciation	176934	Depreciation
Book Value	1448058	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	14447	OtherCostOrOtherBasis
Depreciation	14447	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	359824	OtherCostOrOtherBasis
Depreciation	278980	Depreciation
Book Value	80844	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1528902	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
LINES OF CREDIT	$336,276
MANAGED FUNDS	$106,484
NET UNAMORTIZED LOAN FEES	$182,464

Field	Value	IRS element (for citing)
Total Of Amounts	625224	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	10100270	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	10100270	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	10100270	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4605837	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	4605837	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	4605837	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	Identifier
Return Reference	PART X, LINE 2:	ReturnReference
Explanation	MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CORPORATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	1	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
CLINT GWIN
PRESIDENT	254655	0	0	0	0	0	7210	0	5280	0	267145	0	0	0
HANK HELTON
SENIOR VICE PRESIDENT	189812	0	0	0	0	0	5613	0	5280	0	200705	0	0	0
AMY BUNTON
SENIOR VICE PRESIDENT	194316	0	0	0	0	0	4608	0	5280	0	204204	0	0	0
BARBARA HARRIS
CFO	164945	0	0	0	0	0	6625	0	5280	0	176850	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 7	ReturnReference
Explanation	THE ORGANIZATION PAID BONUS COMPENSATION BASED ON CERTAIN LEVELS OF ORGANIZATIONAL PERFORMACE INCLUDING MAINTENANCE OF CDFI CERTIFICATION, COMPLIANCE WITH CDFI GOALS, MAINTENANCE OF EXEMPTION, AND POSITIVE CASH FLOW.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
HUGH QUEENER
DIRECTOR OF THE ORGANIZATION	208666	INTEREST PAYMENTS TO BANK: MR. QUEENER WORKS FOR PINNACLE BANK AND WAS INVOLVED WITH THE LOAN ON THE BUILDING AND INVESTMENTS IN TNROF, KCTJF AND TN-EELP. THE TRANSACTIONS DURING THE YEAR INVOLVED INTEREST PAYMENTS MADE TO THE BANK UNDER THE NORMAL COURSE OF BUSINESS; NO PERSONAL GAIN OR PAYMENTS WERE MADE TO MR. QUEENER.	0
SAM HOWARD
DIRECTOR OF THE ORGANIZATION	9305	LOAN TO COMPANY PARTLY OWNED: MR. HOWARD IS A MAJORITY OWNER OF MAMA TURNEY'S, A CLIENT COMPANY OF SOUTHEAST COMMUNITY CAPITAL. THE RELATIONSHIP IS FULLY DISCLOSED, AND MR. HOWARD DOES NOT PARTICIPATE AS A BOARD MEMBER IN ANY ACTIONS INVOLVING THIS CLIENT. THE LOAN WITH MAMA TURNEY'S ORIGINATED PRIOR TO MR. HOWARD JOINING THE BOARD OF SOUTHEAST COMMUNITY CAPITAL.	0
HUGH QUEENER
DIRECTOR OF THE ORGANIZATION	144165	BANK ACCOUNTS HELD AT BANK: MR. QUEENER WORKS FOR PINNACLE BANK WHERE SOUTHEAST COMMUNITY CAPITAL MAINTAINS INTEREST BEARING ACCOUNTS AND RECEIVED INTEREST IN THE NORMAL COURSE OF DOING BUSINESS.	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	THE PRESIDENT AND CFO REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. THEY COMPARE EACH LINE ITEM TO THE PRIOR YEAR FORM 990 AS WELL AS COMPARABLE FORM 990S FOR OTHER NOT-FOR-PROFIT ENTITIES. THE CURRENT YEAR FORM IS ALSO RECONCILED TO THE CURRENT YEAR FINANCIAL STATEMENTS. THE FORM 990 IS PRESENTED TO ALL OTHER BOARD MEMBERS AFTER IT IS FILED FOR THEIR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	ALL NEW EMPLOYEES ARE GIVEN AND REQUIRED TO SIGN AN EMPLOYEE HANDBOOK UPON HIRING. IT ADDRESSES A CODE OF CONDUCT INCLUDING A CONFLICT OF INTEREST STATEMENT AND A WHISTLEBLOWER POLICY. EACH EMPLOYEE IS ALSO REQUIRED TO SIGN ANNUALLY A STATEMENT THAT THEY HAVE NO CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	SCC HAS A COMPENSATION COMMITTEE THAT MEETS AS NEEDED TO SET THE SALARIES OF THE PRESIDENT, SENIOR VICE PRESIDENTS, AND THE CHIEF FINANCIAL OFFICER. THE PRESIDENT WAS GIVEN DISCRETIONARY POWERS TO SET THE SALARIES OF ALL OTHER PERSONNEL AND TO GIVE THE BOARD AN OVERVIEW OF THOSE DECISIONS. THE PRESIDENT WAS ALSO GIVEN THE AUTHORITY TO INCREASE SALARIES WITHIN SET PARAMETERS FOR THE SVP AND CFO. ALL SALARIES ARE DISCLOSED TO THE COMMITTEE. A COMPENSATION POLICY WAS PUT INTO EFFECT ON 01/16/2008 IN ORDER TO COMPLY WITH INTERNAL REVENUE CODE SECTION 4958. WHEN THE SALARIES ARE PUT IN PLACE FOR ALL EMPLOYEES, A COMPARISON WITH OTHER SIMILAR ORGANIZATONS IS MADE AND REVIEWED BY THE COMMITTEE. THE SALARIES ARE COMPILED FROM TAX RETURNS OF OTHER 990 ORGANIZATIONS THAT ARE PUBLISHED WITH GUIDESTAR. SALARY INQUIRIES OF SIMILAR JOBS ARE ALSO LOOKED AT ON CAREERBUILDER AND SALARY.COM AND OTHER AVAILABLE SALARY SURVEYS.
FORM 990, PART VI, SECTION C, LINE 19	SCC MAINTAINS A WEBSITE AT WWW.PATHWAYLENDING.ORG WHERE THE PUBLIC IS GIVEN A CONTACT NAME FOR FURTHER INFORMATION REGARDING AVAILABILITY OF DISCLOSURES. THE 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.