Overview
What is Serenity Corporation?
Serenity Corporation is a nonprofit entity established with a primary objective to acquire real estate properties. The organization collects income generated from these properties and subsequently distributes the net income, after deducting expenses, to organizations that qualify for tax-exempt status under Section 501(C)(3). By doing so, Serenity Corporation plays a crucial role in supporting various charitable causes, contributing to the broader social welfare.
Is Serenity Corporation legitimate?
Serenity Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Serenity Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Serenity Corporation?
Serenity Corporation was established with the purpose of purchasing real estate and generating income from it. The primary objective of this corporation is to then distribute this income, after deducting expenses, to organizations that hold exempt status under Section 501(C)(3). These organizations are typically non-profit entities that focus on various social causes and community development. In essence, Serenity Corporation acts as a financial intermediary, supporting the charitable work of these exempt organizations.
Who is the CEO of Serenity Corporation?
Teressa Perdieu is the Secretary of Serenity Corporation.
What is the revenue of Serenity Corporation?
Serenity Corporation's revenue in 2023 was $202,012.
Who are the executives of Serenity Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Serenity Corporation?
Serenity Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Serenity Corporation
Serenity Corporation, a not-for-profit entity, was established with a specific objective. Its mission is centered around real estate ownership and income generation. The corporation collects revenue from these properties and subsequently distributes the income, after deducting expenses, to organizations that fall under Section 501(C)(3) of the Internal Revenue Code. In simpler terms, Serenity Corporation acts as a facilitator, using its real estate investments to provide financial support to charitable organizations. This unique role allows it to contribute significantly to the social sector, directly or indirectly, through the financial resources it channels to eligible organizations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Serenity Corporation plays a significant role in the community by owning real estate and generating income from these assets. This income is then distributed to organizations that are exempt under Section 501(c)(3), enhancing the capacity of these groups to fulfill their missions. By providing financial support, Serenity Corporation contributes to various charitable causes, fostering community improvement and development in Charleston, Illinois. The corporation’s efforts help to sustain and expand the services offered by nonprofit organizations, ultimately making a positive impact on the community's well-being and quality of life.
This information is meant to be a general summary of Serenity Corporation. 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: $117
- Program Service Revenue: $201,895
- Gross Receipts: $202,012
Assets and Liabilities:
- Total Assets: $790,987
- Total Liabilities: $18,269
- Net Assets: $772,718
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$201,895
Organization Details
Founding Year
1991
Phone
(217) 348-8108Principal Officer
Teressa Perdieu
Main Address
635 DIVISION STREET PO BOX 354, CHARLESTON, IL, 61920
NTEE Category
Code: S47 - Community improvement
If you are a representative of Serenity Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.