Organizations Filed Purposes:
TO PROVIDE LENDING SOLUTIONS AND EDUCATIONAL SERVICES THAT SUPPORTS THE DEVELOPMENT, GROWTH, AND PRESERVATION OF UNDERSERVED SMALL BUSINESSES, AFFORDABLE HOUSING, AND SUSTAINABLE COMMUNITIES.
TO PROVIDE LENDING AND EDUCATIONAL SERVICES TO UNDERSERVED SMALL BUSINESSES.
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 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. 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), AFRICAN-AMERICAN OWNED BUSINESSES, AND LOW-INCOME OWNED BUSINESSES. OUR SERVICE AREA INCLUDES TENNESSEE AND ALABAMA, AS WELL AS PORTIONS OF MISSISSIPPI, ARKANSAS, AND KENTUCKY.IN 2020, SOUTHEAST COMMUNITY CAPITAL CORPORATION ORIGINATED $46MM IN NEW LOANS, OF WHICH 76% OF LOANS BY NUMBER AND 81% OF LOANS BY DOLLAR ACTIVITY WERE IN QUALIFIED CDFI TARGET MARKETS. SOUTHEAST COMMUNITY CAPITAL CORPORATION MADE 173 LOANS AND LINES OF CREDIT TOTALING MORE THAN $21.05MM TO SUPPORT THE CREATION, PRESERVATION, AND GROWTH OF SMALL BUSINESSES, AND 20 LOANS TOTALING APPROXIMATELY $9.23MM TO SUPPORT THE IMPLEMENTATION OF ENERGY EFFICIENCY AND RENEWABLE ENERGY PROJECTS AT BUSINESSES ACROSS TENNESSEE. TOTAL ANNUAL ENERGY SAVINGS FROM THE ENERGY LOANS WERE $383,320 WITH 3,529,597 KWH SAVED.
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, THE METROPOLITAN DEVELOPMENT HOUSING AGENCY AND VARIOUS FOUNDATIONS. SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDES THIS THROUGH VARIOUS INTERNAL PROGRAMS, SUCH AS THE PATHWAY LENDING BUSINESS ADVISORY SERVICES TEAM, 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 2020 SOUTHEAST COMMUNITY CAPITAL CORPORATION PROVIDED 15,791 HOURS OF EDUCATION; 9,692 WERE IN CLASSROOM/EVENTS SETTINGS, 5,897 WERE ONE-ON-ONE COUNSELING SESSIONS, AND 202 WERE IN GROUP COACHING SESSIONS. THERE WERE 2,050 UNIQUE CLIENTS SERVED, 60% WERE REPRESENTATIVE OF PATHWAY LENDING'S CDFI TARGET MARKETS (AS DEFINED BY LOW-INCOME CENSUS TRACTS OR MINORITY STATUS), WITH 48% BEING FEMALE, AND 30% BEING AFRICAN AMERICAN. THERE WERE 243 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.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Clint Gwin | PRESIDENT AND CEO | 60 | $443,549 |
| Hank Helton | EXECUTIVE VICE PRESIDENT | 60 | $270,436 |
| Barbara Harris | EXECUTIVE VICE PRESIDENT AND CFO | 60 | $269,865 |
| Amy Bunton | EXECUTIVE VICE PRESIDENT AND COO | 60 | $266,225 |
| Joe Agnetta | SVP, CHIEF CREDIT OFFICER | 50 | $189,871 |
| Daniel Wilson | SVP OF LENDING OPERATIONS | 50 | $147,584 |
| Keith Hickey | REGIONAL LENDER | 50 | $140,814 |
| Robert Lancaster | DIRECTOR OF ADVISORY SERVICES | 50 | $131,626 |
| Lori Rochelle | SVP OF CORPORATE OPERATIONS | 50 | $125,613 |
| Paul Hoffmann | SVP, DIRECTOR OF POLICY AND IMPACTS | 50 | $124,379 |
| Hugh Queener | DIRECTOR | 1.5 | $0 |
| Cindy Herron | DIRECTOR | 1.5 | $0 |
| Andre Gist | DIRECTOR | 1.5 | $0 |
| Ivanetta Davis-Samuels | DIRECTOR | 1.5 | $0 |
| Herb Byrd Iii | DIRECTOR | 1.5 | $0 |
| Dave Berezov | DIRECTOR | 1.5 | $0 |
| Jon Davies | VICE CHAIRMAN | 1.5 | $0 |
| Tom Hunter | CHAIRMAN | 1.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202121379349300347_public.xml