Self-help Services Corp
501(c)(3) Donations tax-deductible
100% goes to programs Thin reserves Growing revenue
Self-help Services Corp is a 501(c)(3) organization based in Durham, North Carolina, registered in 1994, with $80,438,446 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
301 W Main St, Durham, NC, 27701 EIN 56-1849615 Since 1994
Revenue (FY2024)
$80.4M
▲ 2.5% vs prior year
Expenses (FY2024)
$80.4M
Net assets
$73K
Employees
1,039
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Self-help Services Corp: 100% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Self-help Services Corp: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Self-help Services Corp: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Self-help Services Corp: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide personnel services and technical assistance for affiliated exempt organizations working to relieve poverty in distressed communities and other charitable activities.
What they do
Provide staffing and technical assistance for self-help credit union to support its exempt purpose activities.
Provide staffing and technical assistance for self-help ventures fund to support its exempt purpose activities.
Provide staffing and technical assistance for center for responsible lending to support its exempt purpose activities.
Contact & location
- Address
- 301 W Main St, Durham, NC, 27701
- City
- Durham
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $20.9M (FY2013) to $80.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.6MNet assets $73K
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.7M
Total liabilities
$10.6M
Net assets
$73K
Salaries & benefits
$80.4M
100% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,438,446▲2.5% | $80,433,033▲2.5% | $72,724▲8.0% | $10,707,031▼17.7% | 990 |
| 2023 | $78,455,985▲6.6% | $78,456,632▲6.6% | $67,311▼1.0% | $13,011,580▲23.3% | 990 |
| 2022 | $73,576,062▲9.1% | $73,575,664▲9.1% | $67,958▲0.6% | $10,556,656▲23.1% | 990 |
| 2021 | $67,460,504▲12.3% | $67,461,122▲12.3% | $67,560▼0.9% | $8,574,851▼15.2% | 990 |
| 2020 | $60,094,477▲8.3% | $60,094,291▲8.3% | $68,178▲0.3% | $10,109,344▲26.3% | 990 |
| 2019 | $55,469,099▲87.4% | $55,468,833▲87.4% | $67,992▲0.4% | $8,001,500▲77.6% | 990 |
| 2018 | $29,598,827▲9.0% | $29,598,006▲9.0% | $67,726▲1.2% | $4,504,885▲42.0% | 990 |
| 2017 | $27,151,906▲7.7% | $27,151,423▲7.7% | $66,905▲0.7% | $3,171,355▲13.0% | 990 |
| 2016 | $25,203,638▲2.6% | $25,203,816▲2.6% | $66,422▼0.3% | $2,805,445▲15.0% | 990 |
| 2015 | $24,564,305▲2.3% | $24,563,832▲2.3% | $66,600▲0.7% | $2,438,566▲34.5% | 990 |
| 2014 | $24,006,275▲14.6% | $24,006,878▲14.7% | $66,127▼0.9% | $1,813,317▲95.6% | 990 |
| 2013 | $20,938,802 | $20,938,140▲2.8% | $66,730▲1.0% | $927,238▲35.1% | 990 |
| 2012 | — | $20,367,620▲1.1% | $66,069▲0.7% | $686,091▼11.1% | 990 |
| 2011 | — | $20,152,584▼2.8% | $65,610▲6.9% | $771,587▲217% | 990 |
| 2010 | — | $20,728,154 | $61,386 | $243,752 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Asusena Fonseca — $192,613 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Asusena Fonseca | Regional President Shfcu | 0 | $192,613 |
| Russel Hagen | Manager Transition Exec | 0 | $161,597 |
| Elizabeth Mcnally | Chief of Staff Shfcu | 0 | $157,033 |
| Andrew Kushner | Sr Policy Counsel Crl | 0 | $150,782 |
| Misun Thompson | Senior Vp Shfcu | 0 | $150,054 |
| Stephanie Barnes-simms | President & Director | 0 | $109,776 |
| Dave Shumannfang | Secretary | 0 | $106,780 |
| Randy Chambers | Treasurer & Director | 0 | $101,573 |
| Martin Eakes | Exec Dirceo | 0 | $100,961 |
Frequently asked questions
- Is Self-help Services Corp a legitimate nonprofit?
- Yes. Self-help Services Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1849615, based in Durham, North Carolina. Donations are tax-deductible.
- What is Self-help Services Corp's EIN?
- Self-help Services Corp's Employer Identification Number (EIN) is 56-1849615.
- How much revenue does Self-help Services Corp report?
- Self-help Services Corp reported $80,438,446 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Self-help Services Corp's spending goes to programs?
- Self-help Services Corp spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Self-help Services Corp have?
- CharityIndex grades Self-help Services Corp C+, based on program efficiency and fundraising cost.
- How much does Self-help Services Corp's highest-paid employee make?
- The highest reported compensation on Self-help Services Corp's latest Form 990 is $192,613, paid to Asusena Fonseca (Regional President Shfcu).
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Data for Self-help Services Corp (EIN 56-1849615) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.