Overview
What is Ser Metro Detroit Jobs For Progress Inc?
Ser Metro Detroit Jobs For Progress Inc is a prominent nonprofit organization located in Detroit, Michigan. Established at 9301 Michigan Ave, the organization employs a workforce of 863 individuals. Their mission is centered around advancing people, fostering business growth, and strengthening communities through education, employment, economic, and community development. They operate the Ser Learning Academy, which serves as a center for working families and offers various training programs, such as year-round youth and Youth Build initiatives. This nonprofit is dedicated to making a significant impact in the community by empowering individuals and supporting local businesses.
Official website here: www.sermetro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Ser Metro Detroit Jobs For Progress Inc has earned an 85% score from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization maintains high standards in key areas like financial oversight, board independence, and transparency. The charity has a strong program expense ratio of 87.83%, demonstrating a commitment to directing funds toward its mission.
The organization's governance is notably robust, with a fully independent board and comprehensive policies in place regarding conflicts of interest, whistleblower protections, and document retention. This level of accountability is crucial for fostering donor trust and ensuring effective management of resources. Furthermore, there are no reported material diversions of assets, which enhances its credibility.
While the financial indicators are favorable, a working capital ratio of 0.55 years suggests some limitations in terms of liquidity. This indicates that while the organization is managing its funds well, it may face challenges in covering short-term obligations without additional support. Overall, Ser Metro Detroit Jobs For Progress Inc shows strengths in governance and financial management but should address liquidity concerns to enhance its operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Ser Metro Detroit Jobs For Progress Inc legitimate?
Ser Metro Detroit Jobs For Progress Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ser Metro Detroit Jobs For Progress 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: $134,841
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,426,394
For more financial information, click here
Official website here: www.sermetro.org
What is the mission statement of Ser Metro Detroit Jobs For Progress Inc?
Ser Metro Detroit Jobs For Progress Inc's mission is centered around advancing individuals, fostering business growth, and strengthening communities. This is achieved primarily through education, employment, economic, and community development initiatives. The organization operates the SER Learning Academy, a center for working families, and various training programs, such as year-round youth and YouthBuild programs. These programs aim to equip individuals with vital skills, contributing to the overall betterment of their communities.
Official website here: www.sermetro.org
Who is the CEO of Ser Metro Detroit Jobs For Progress Inc?
Eva Garza Dewaelsche is the President And Ceo of Ser Metro Detroit Jobs For Progress Inc. The CEO's salary of Ser Metro Detroit Jobs For Progress Inc is $189,619 and their total compensation is $250,978.
Official website here: www.sermetro.org
What is the revenue of Ser Metro Detroit Jobs For Progress Inc?
Ser Metro Detroit Jobs For Progress Inc's revenue in 2022 was $4,942,638.
Official website here: www.sermetro.org
Who are the executives of Ser Metro Detroit Jobs For Progress Inc and what are their salaries?
The average compensation at Ser Metro Detroit Jobs For Progress Inc during 2022 was $2,968. There are 863 employees and 20 volunteers at Ser Metro Detroit Jobs For Progress Inc.
Here are 13 key members and their salaries (Ser Metro Detroit Jobs For Progress Inc's CEO's salary is $189,619 and their total compensation is $250,978):
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- Compensation: $189,619
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- Other: $61,359
- Compensation: $187,732
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- Other: $44,085
- Compensation: $165,242
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- Other: $49,444
Official website here: www.sermetro.org
Where can I find the form 990 for Ser Metro Detroit Jobs For Progress Inc?
Ser Metro Detroit Jobs For Progress Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sermetro.org
Learn more at the official website: www.sermetro.org
Mission Statement of Ser Metro Detroit Jobs For Progress Inc
Ser Metro Detroit Jobs For Progress Inc is committed to enhancing individuals, fostering business growth, and bolstering communities through education, employment, economic development, and community initiatives. Their mission, in simple terms, is to empower people, propel businesses, and strengthen communities. The organization accomplishes this by operating the Ser Learning Academy, a hub for working families, and various training programs. These programs, such as Year-Round Youth and Youth Build, are designed to provide opportunities for personal and professional growth.
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Impact
July, 2024
Ser Metro Detroit Jobs For Progress Inc's impact can be seen in its dedication to advancing individuals, fostering business growth, and fortifying communities through a variety of education, employment, economic, and community development initiatives. By operating Ser Learning Academy, a Center for Working Families, and other training programs such as year-round youth and Youth Build programs, the organization is actively equipping individuals with the necessary skills and opportunities to excel in the workforce. This not only benefits the individuals involved but also contributes to the overall economic and social well-being of Detroit, Michigan. Their focus on employment as a key tag signifies their commitment to creating tangible opportunities for individuals to thrive and contribute positively to the community.
This information is meant to be a general summary of Ser Metro Detroit Jobs For Progress 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: -$52,786
- Gross Receipts: $5,024,593
Assets and Liabilities:
- Total Assets: $4,702,655
- Total Liabilities: $3,061,084
- Net Assets: $1,641,571
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Organization Details
Founding Year
1971
Phone
(313) 846-2240Principal Officer
Eva Garza Dewaelsche
Main Address
9301 MICHIGAN AVE, DETROIT, MI, 48210
Website
www.sermetro.orgNTEE Category
Code: J200 - Employment
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