Overview
What is Ser Corporation?
Ser Corporation, headquartered at 1020 N MAIN ST STE D, WICHITA, KS 67203, is a nonprofit organization dedicated to supporting migrant seasonal farmworkers and other minority groups in Kansas. Their primary objective is to administer various programs aimed at aiding these communities. The National Farmworker Jobs Program (NFJP) under Ser Corporation offers employment training, job referrals, and supportive services. Key components of this program include on-the-job training, classroom training, and training assistance to ensure the well-being and success of these workers. With a team of 12 employees, Ser Corporation plays a significant role in fostering opportunities and improvement for migrant farmworkers in Kansas.
Official website here: www.sercorporation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Ser Corporation has received a two-star rating, indicating that there are significant areas for improvement in its operations. The organization scores 66% in the Accountability & Finance category, which reflects its commitment to some best practices, such as having a fully independent board and policies in place for conflict of interest and whistleblowing. However, the absence of financial statements and the missing tax form on its website are concerning red flags.
One notable strength of Ser Corporation is its high program expense ratio, which stands at 84.23%. This suggests that a substantial portion of its expenditures is directed toward its programs rather than administrative costs. Furthermore, the organization has demonstrated effective governance practices, with all board members being independent, which is crucial for maintaining accountability and transparency.
Despite these strengths, the lack of accessible financial documentation and the high liabilities to assets ratio of 84.37% pose challenges for potential supporters and stakeholders who wish to assess the organization’s financial health. Overall, while Ser Corporation shows promise in certain areas, it must address its transparency and financial reporting issues to improve its standing and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ser Corporation legitimate?
Ser Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ser 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: $94,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $458,000
For more financial information, click here
Official website here: www.sercorporation.com
What is the mission statement of Ser Corporation?
The Ser Corporation is dedicated to administering various programs aimed at assisting migrant farmworkers and other minority groups. Their mission is to provide employment training, job referrals, and supportive services to these communities, specifically focusing on migrant seasonal farmworkers. Their initiatives encompass on-the-job training, classroom-based education, and assistance in securing training opportunities. The primary goal is to empower these groups and improve their overall well-being.
Official website here: www.sercorporation.com
Who is the CEO of Ser Corporation?
Richard Lopez is the Ceo of Ser Corporation. The CEO's salary of Ser Corporation is $94,752 and their total compensation is $102,895.
Official website here: www.sercorporation.com
What is the revenue of Ser Corporation?
Ser Corporation's revenue in 2022 was $1,356,384.
Official website here: www.sercorporation.com
Who are the executives of Ser Corporation and what are their salaries?
The average compensation at Ser Corporation during 2022 was $46,063. There are 12 employees and 7 volunteers at Ser Corporation.
Here are 8 key members and their salaries (Ser Corporation's CEO's salary is $94,752 and their total compensation is $102,895):
- Compensation: $94,752
- Related: $0
- Other: $8,143
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sercorporation.com
Where can I find the form 990 for Ser Corporation?
Ser Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sercorporation.com
Learn more at the official website: www.sercorporation.com
Mission Statement of Ser Corporation
Ser Corporation, a nonprofit organization, is committed to administering various programs aimed at aiding migrant farmworkers and other minority groups. Their mission is to provide employment training, job referrals, and supportive services to these groups, particularly migrant seasonal farmworkers. The organization's efforts are divided into several major categories, including on-the-job training, classroom training, and training assistance. These programs aim to equip these individuals with the necessary skills to secure and maintain employment, thereby improving their livelihoods and overall well-being. The National Farmworker Jobs Program (NFJP), a key initiative of Ser Corporation, is instrumental in implementing these programs, thereby contributing to the betterment of these underrepresented communities.
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Impact
July, 2024
Ser Corporation's impact is significant in aiding migrant farmworkers and other minority groups in Kansas. Through programs like the National Farmworker Jobs Program (NFJP), Ser Corporation provides employment training, job referral, and supportive services to migrant seasonal farmworkers. By offering on-the-job training, class training, and training assistance, Ser Corporation plays a crucial role in empowering individuals within these communities to access opportunities for economic advancement and stability. This organization's work directly impacts the lives of those who often face barriers to employment and helps create pathways towards a brighter future for them.
This information is meant to be a general summary of Ser 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 2022.
- Investment Income: $23
- Gross Receipts: $1,356,384
Assets and Liabilities:
- Total Assets: $195,945
- Total Liabilities: $130,369
- Net Assets: $65,576
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Organization Details
Founding Year
1974
Phone
(316) 264-5372Principal Officer
Richard Lopez
Main Address
1020 N MAIN ST STE D, WICHITA, KS, 672033617
Website
www.sercorporation.comNTEE Category
Code: J200 - Employment
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