Overview
What is Southeast Rural Community Assistance Project Inc?
The Southeast Rural Community Assistance Project Inc, based in Roanoke, Virginia, is a nonprofit organization that focuses on promoting and aiding in the development of essential water and wastewater facilities in seven Southern states. Their primary mission is to assist low-income rural communities, who may lack the necessary resources, financially and politically, to obtain adequate water and wastewater facilities. Since its establishment in 1969, the organization has been instrumental in organizing people, helping secure financing, coordinating system designs for individual well sites, and providing relevant information concerning the construction, operations, and maintenance of these facilities. Additionally, the Southeast Rural Community Assistance Project Inc offers a technical assistance and training grant program called TechniTrain to further support their objectives.
Official website here: www.sercap.org
What are the reviews and ratings of this charity?
Southeast Rural Community Assistance Project Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, scoring 98%. This high rating underscores the organization's strong performance in accountability and finance, highlighted by a perfect score of 100 in that category for the fiscal year 2022. Key aspects such as an independent board with a full complement of members and comprehensive financial oversight mechanisms contribute to this exemplary evaluation.
The organization demonstrates a solid commitment to transparency, as evidenced by its well-maintained governance practices including policies on conflict of interest and whistleblowing. While the organization has shown effective financial management with a program expense ratio of 98.44%, which suggests that a large percentage of its expenditures are directed towards its mission, its Culture & Community score of 75 indicates that there may be room for improvement in areas related to organizational culture and community engagement.
At this time, user reviews from GreatNonprofits are not available, limiting insights into individual experiences and community feedback about the organization. Overall, the Southeast Rural Community Assistance Project Inc showcases a strong foundation in both financial management and governance, positioning it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Rural Community Assistance Project Inc legitimate?
Southeast Rural Community Assistance Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Rural Community Assistance Project 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: $145,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,169,471
For more financial information, click here
Official website here: www.sercap.org
What is the mission statement of Southeast Rural Community Assistance Project Inc?
The Southeast Rural Community Assistance Project Inc was established with the purpose of promoting and aiding in the development of water and wastewater facilities. Its primary focus is on assisting low-income individuals who lack the necessary resources, both financially and politically, to obtain adequate water and wastewater facilities. Since its inception in 1969, the organization has also assisted in the development of facilities in low-income rural areas by organizing people, helping with financing applications, coordinating system design for individual well sites, and providing information related to the construction, operations, and maintenance of water and wastewater facilities.
Official website here: www.sercap.org
Who is the CEO of Southeast Rural Community Assistance Project Inc?
Hope F Cupit is the President & Ceo of Southeast Rural Community Assistance Project Inc. The CEO's salary of Southeast Rural Community Assistance Project Inc is $144,615 and their total compensation is $152,737.
Official website here: www.sercap.org
What is the revenue of Southeast Rural Community Assistance Project Inc?
Southeast Rural Community Assistance Project Inc's revenue in 2022 was $8,197,130.
Official website here: www.sercap.org
Who are the executives of Southeast Rural Community Assistance Project Inc and what are their salaries?
The average compensation at Southeast Rural Community Assistance Project Inc during 2022 was $37,958. There are 61 employees at Southeast Rural Community Assistance Project Inc.
Here are 18 key members and their salaries (Southeast Rural Community Assistance Project Inc's CEO's salary is $144,615 and their total compensation is $152,737):
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Official website here: www.sercap.org
Where can I find the form 990 for Southeast Rural Community Assistance Project Inc?
Southeast Rural Community Assistance Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sercap.org
Learn more at the official website: www.sercap.org
Mission Statement of Southeast Rural Community Assistance Project Inc
Southeast Rural Community Assistance Project Inc, established in 1969, was founded with the mission to promote and aid in the development of adequate water and wastewater facilities for low-income individuals residing in Maryland, Delaware, Virginia, North Carolina, South Carolina, Georgia, and Florida. The organization recognizes the financial and political challenges these communities face in obtaining these essential facilities. In addition to its primary concern, Southeast Rural Community Assistance Project Inc has also been instrumental in facilitating the development of such facilities in low-income rural areas. The organization achieves this through various means, including organizing community members, assisting in financing applications, coordinating system designs for individual well sites, and providing information related to construction, operation, and maintenance of these facilities.
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Impact
July, 2024
Southeast Rural Community Assistance Project Inc plays a vital role in promoting and assisting the development of water and wastewater facilities in seven states, focusing on low-income rural areas. Since 1969, this organization has been instrumental in organizing communities, facilitating financing applications, coordinating system designs, and providing crucial information on the construction and maintenance of these facilities. Through their efforts, Southeast Rural Community Assistance Project Inc has significantly improved access to adequate water and wastewater services for those who lack the resources to obtain them. Their impact is particularly noteworthy in addressing the critical needs of underserved communities and promoting sustainable development in the Southeastern United States.
This information is meant to be a general summary of Southeast Rural Community Assistance Project 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: $78,369
- Program Service Revenue: $536,079
- Gross Receipts: $8,197,130
Assets and Liabilities:
- Total Assets: $10,313,508
- Total Liabilities: $4,493,157
- Net Assets: $5,820,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLECTION ON FORGIVABLE
Revenue
$386,388
FEES FOR SERVICES
Revenue
$25,435
MISCELLANEOUS
Revenue
$124,256
Organization Details
Founding Year
1969
Phone
(540) 345-1184Principal Officer
Hope F Cupit
Main Address
347 CAMPBELL AVE SW, ROANOKE, VA, 24016
Website
www.sercap.orgNTEE Category
Code: W80Z - Public benefit
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