Overview
What is Sertoma Inc?
Sertoma Inc, headquartered in Aberdeen, South Dakota, is a nonprofit organization primarily known for its fundraising efforts. Locally, they focus on supporting children's projects in Wylie Park, a community area in Aberdeen, ensuring its maintenance and updates as required. Internationally, Sertoma Inc is dedicated to enhancing the lives of individuals affected by hearing loss. They achieve this by promoting education and offering support, working towards improving the overall quality of life for those at risk or impacted by hearing issues. Their primary source of revenue comes from grants and contributions, which they utilize for these activities.
Official website here: www.aberdeensertoma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Sertoma Inc has received a solid three-star rating based on its accountability and finance score. The organization demonstrates strong governance with a fully independent board of directors, achieving the maximum points for board independence and size. Additionally, Sertoma Inc maintains excellent financial health, highlighted by a 0.00% liabilities to assets ratio and an impressive program expense ratio of 83.88%, indicating that a majority of its resources are allocated to its programs.
While Sertoma Inc shows strengths in several areas, there are notable gaps in its policies. The organization is missing a whistleblower policy and a document retention and destruction policy, which are essential for ensuring transparency and accountability. Despite these limitations, the charity's overall performance in fiscal year 2022 demonstrates a commitment to maintaining sound financial practices and effective governance, making it a reliable choice for donors looking for responsible nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Sertoma Inc legitimate?
Sertoma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sertoma 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.
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Official website here: www.aberdeensertoma.org
What is the mission statement of Sertoma Inc?
Sertoma Inc's mission is centered around enhancing the quality of life for individuals affected by hearing loss. The organization achieves this goal globally by promoting education and offering support. Locally, Sertoma Clubs, such as the one in Aberdeen, SD, contribute to this mission by engaging in fundraising activities to maintain and upgrade children's projects in their community, specifically in Wylie Park. The revenue generated from these fundraising efforts is primarily sourced from grants and contributions. Overall, Sertoma Inc's mission is to make a positive impact on the lives of those affected by hearing loss, both locally and internationally.
Official website here: www.aberdeensertoma.org
Who is the CEO of Sertoma Inc?
Kristan Morris is the Chairman Of The Board of Sertoma Inc.
Official website here: www.aberdeensertoma.org
What is the revenue of Sertoma Inc?
Sertoma Inc's revenue in 2022 was $30,238.
Official website here: www.aberdeensertoma.org
Who are the executives of Sertoma Inc and what are their salaries?
There 27 volunteers at Sertoma Inc.
Here are 12 key members and their salaries:
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Official website here: www.aberdeensertoma.org
Where can I find the form 990 for Sertoma Inc?
Sertoma Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aberdeensertoma.org
Learn more at the official website: www.aberdeensertoma.org
Mission Statement of Sertoma Inc
Sertoma Inc, an organization dedicated to its mission, strives to enhance the quality of life for individuals affected by hearing loss on a global scale. It accomplishes this through education and support, acting as a beacon of help for those at risk or already impacted by this condition. By providing valuable resources and fostering understanding, Sertoma Inc is committed to making a tangible difference in the lives of those it serves.
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Impact
August, 2024
Sertoma Inc's impact in Aberdeen, SD and globally is significant. Locally, the organization plays a vital role in providing for children's projects in Wylie Park, a community with over 30,000 population. Specifically, the Sertoma Club fundraises for projects aimed at maintaining and updating the park to meet the evolving needs of the community. Additionally, the club solicits funds for the maintenance of Storybook Land, a theme park in Aberdeen, which is crucial for the local community.
Internationally, Sertoma Inc focuses on promoting and improving the quality of life for individuals at risk or impacted by hearing loss through education and support. This mission not only benefits those affected by hearing loss but also contributes to enhancing the overall well-being of society.
Through grants, contributions, and fundraising efforts, Sertoma Inc is able to make a meaningful impact both locally and globally, embodying the spirit of philanthropy and community service.
This information is meant to be a general summary of Sertoma 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: $7
- Gross Receipts: $33,536
Assets and Liabilities:
- Total Assets: $37,572
- Total Liabilities: $0
- Net Assets: $37,572
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Organization Details
Founding Year
1958
Phone
(605) 212-8737Principal Officer
Kristan Morris
Main Address
PO Box 784, Aberdeen, SD, 574020784
Website
www.aberdeensertoma.orgNTEE Category
Code: T30 - Philanthropy
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