Overview
What is Serc Inc?
Serc Inc, located in Louisville, Kentucky, is a nonprofit organization that primarily serves the states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. Their mission is to deliver high-quality education, training, information, networking opportunities, and advocacy to their members. They accomplish this by organizing events such as meetings and conventions within their operational territory. The organization's primary focus is on providing valuable resources and support to its members, ultimately aiming to enhance their professional growth and impact within their respective fields.
Official website here: www.serc-nahro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Score: 69%, Two-Star out of Four Star rating)
Serc Inc demonstrates strong accountability and financial management with a perfect score in these areas, indicating effective oversight and responsible use of resources. The organization has a majority independent board and maintains a low liabilities to assets ratio, suggesting a stable financial position and commitment to transparency.
However, there are significant areas needing attention, particularly in governance policies. The absence of conflict of interest, whistleblower, and document retention policies indicates potential weaknesses in organizational governance that could impact overall operations and trust. These missing policies may undermine the organization's ability to address potential conflicts and ensure compliance.
Overall, while Serc Inc shows commendable financial health and a strong governance structure through its board composition, the lack of key policies suggests a need for improvement to enhance accountability and safeguard its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Serc Inc legitimate?
Serc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.serc-nahro.org
What is the mission statement of Serc Inc?
Serc Inc's mission is centered around providing high-quality education, training, information, and advocacy opportunities to its members. The organization strives to offer networking events and conventions, promoting continuous learning and professional development within its community. While the information provided does not specify the scope or focus of these activities, it is clear that Serc Inc is committed to supporting its members in various capacities.
Official website here: www.serc-nahro.org
Who is the CEO of Serc Inc?
Shaundra Clark is the President of Serc Inc.
Official website here: www.serc-nahro.org
What is the revenue of Serc Inc?
Serc Inc's revenue in 2022 was $537,736.
Official website here: www.serc-nahro.org
Who are the executives of Serc Inc and what are their salaries?
There 231 volunteers at Serc Inc.
Here are 19 key members and their salaries:
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Official website here: www.serc-nahro.org
Where can I find the form 990 for Serc Inc?
Serc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.serc-nahro.org
Learn more at the official website: www.serc-nahro.org
Mission Statement of Serc Inc
Serc Inc, a nonprofit organization, is dedicated to fulfilling its mission by offering top-notch education, training, information, networking opportunities, and advocacy to its members. The primary objective of Serc Inc is to enhance the capabilities and knowledge of its members, thereby fostering a supportive community where they can grow and thrive. By providing a platform for training, meetings, and conventions, Serc Inc empowers its members to stay updated on industry trends and developments, thereby contributing to their professional growth. The organization's advocacy initiatives aim to influence policies and decisions that positively impact its members, ensuring they have a strong and influential voice in their respective fields.
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Impact
July, 2024
Serc Inc's impact lies in its provision of quality education and training, information, networking opportunities, and advocacy to its members. Through offering training sessions, meetings, and conventions in states like Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia, Serc Inc plays a crucial role in enhancing the knowledge and skills of individuals in the housing industry. This aids in improving the overall standard of housing services and contributes to the professional development of its members.
This information is meant to be a general summary of Serc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $597
- Program Service Revenue: $415,965
- Gross Receipts: $537,736
Assets and Liabilities:
- Total Assets: $670,594
- Total Liabilities: $110,067
- Net Assets: $560,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$270,750
FALL WORKSHOP
Revenue
$145,215
Organization Details
Founding Year
1971
Phone
(502) 558-7420Principal Officer
Shaundra Clark
Main Address
13413 FOREST SPRINGS DR, LOUISVILLE, KY, 40245
Website
www.serc-nahro.orgNTEE Category
Code: L00B - Housing
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