Overview
What is Serra International?
Serra International is a nonprofit organization located in Chicago, Illinois, with a headquarters at 333 WEST WACKER DR STE 500. Established to support and promote vocations to the ministerial priesthood and consecrated religious life within the Catholic Church, their mission is to encourage and affirm these special callings. They strive to re-energize individuals in their work towards these vocations by issuing communications in four official languages - English, Spanish, Italian, and Portuguese. Serra International has expanded their services and improved their website to make them more accessible to their global members. Their efforts have a total workforce of 8 individuals.
Official website here: www.serrainternational.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34% (Zero-Star out of Four Stars)
Serra International has received a low overall rating of 34%, which is significant as it indicates concerns regarding the organization’s financial transparency and governance practices. The rating reflects the charity's performance in various accountability and finance metrics, with the majority of its score being derived from its independent board composition, which is fully independent. However, the absence of key financial statements and missing policies such as conflict of interest and whistleblower protections weigh heavily on its overall score.
The organization does demonstrate strengths, including full compliance with board independence and a commitment to documenting board meeting minutes. These factors show some level of organizational structure and governance. However, the lack of published financial statements, along with a program expense ratio that suggests a limited focus on programmatic spending, raises red flags for potential donors regarding the charity's operational priorities and financial health.
Overall, while Serra International has a strong independent board, the charity's significant gaps in financial transparency and governance policies limit its rating and may deter potential supporters. It is essential for donors to consider these factors when evaluating the organization's effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Serra International legitimate?
Serra International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serra International 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: $175,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,224
For more financial information, click here
Official website here: www.serrainternational.org
What is the mission statement of Serra International?
Serra International's mission is to encourage and support vocations to the ministerial priesthood in the Catholic Church, viewing it as a distinct call to service. The organization also aims to support priests in their sacred ministry and to promote and affirm vocations to consecrated religious life within the Catholic Church. Furthermore, Serra International seeks to assist its members in recognizing and responding to God's call to holiness in Jesus Christ and through the Holy Spirit. This is achieved by fostering an environment that encourages personal growth and spiritual development.
Official website here: www.serrainternational.org
What is the revenue of Serra International?
Serra International's revenue in 2023 was $694,027.
Official website here: www.serrainternational.org
Who are the executives of Serra International and what are their salaries?
The average compensation at Serra International during 2023 was $66,478. There are 4 employees at Serra International.
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Official website here: www.serrainternational.org
Where can I find the form 990 for Serra International?
Serra International's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.serrainternational.org
Learn more at the official website: www.serrainternational.org
Mission Statement of Serra International
Serra International, a nonprofit organization, is dedicated to fostering and promoting vocations to the ministerial priesthood within the Catholic Church. This is viewed as a unique calling to serve. The organization also supports priests in their sacred ministry, providing them with the necessary resources and encouragement. Beyond the priesthood, Serra International encourages and affirms vocations to consecrated religious life in the Catholic Church. The organization's mission extends further, aiming to help its members recognize and respond to God's call to holiness in Jesus Christ and through the Holy Spirit. In simpler terms, Serra International works towards inspiring individuals to pursue religious vocations, supporting priests in their roles, and helping its members to live holy lives in accordance with their faith.
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Impact
October, 2024
Serra International significantly influences the Catholic Church by fostering and promoting vocations to the ministerial priesthood and consecrated religious life. Their commitment to service enhances the support provided to priests in their sacred ministry, thereby strengthening the fabric of the Church. Through various initiatives, they enable their members to recognize and respond to God's call to holiness, encouraging personal spiritual development and communal involvement.
By improving global accessibility and communication in multiple languages, Serra International has re-energized its members, enhancing their capacity to support and encourage potential vocations. The organization’s emphasis on collaboration and support enables a more expansive outreach, facilitating a greater understanding of the importance of priestly and religious vocations across different cultures. This holistic approach not only cultivates a more profound sense of commitment among members but also fosters a vibrant community that collectively responds to the spiritual needs of the Church and its followers.
This information is meant to be a general summary of Serra International. 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 2023.
- Investment Income: $227
- Program Service Revenue: $81,610
- Gross Receipts: $701,155
Assets and Liabilities:
- Total Assets: $248,281
- Total Liabilities: $77,556
- Net Assets: $170,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION INCOME
Revenue
$49,810
RELATED PARTY SUBLEASE
Revenue
$31,800
Organization Details
Founding Year
1935
Principal Officer
Moira Mcqueen
Website
www.serrainternational.orgNTEE Category
Code: X22 - Religion related
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