Serra Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550696463 ✦ Weirton, WV ✦ Designated as a 501(c)(3)

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Overview

What is Serra Foundation Inc?

Serra Foundation Inc, based in Weirton, West Virginia, is a charitable organization with a compassionate mission. It primarily focuses on assisting individuals in need, particularly those pursuing higher education. The foundation offers scholarships to high school and college students, enabling them to further their studies and pursue their dreams. In addition to educational support, Serra Foundation Inc also extends its generosity to various charities, providing financial aid and contributions. By doing so, the foundation plays a significant role in uplifting and supporting underprivileged communities.

Is Serra Foundation Inc legitimate?

Serra Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serra Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Serra Foundation Inc?

The Serra Foundation Inc's primary purpose is to extend aid to individuals in need of educational funding. Their mission encompasses providing high school and college scholarships, as well as offering financial support to charitable organizations and individuals in need. Furthermore, the foundation has shown its commitment to charitable works by offering rental assistance to elderly individuals and making contributions to various charities.

Who is the CEO of Serra Foundation Inc?

Ronald M Komorowski Jr is the President of Serra Foundation Inc.

What is the revenue of Serra Foundation Inc?

Serra Foundation Inc's revenue in 2022 was $498,750.

Who are the executives of Serra Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Rhonda Quattrochi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Boyd (Vice Pres / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Lynn Pulice (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sorrenti (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Fernandez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mc Cune (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Serra Foundation Inc?

Serra Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Serra Foundation Inc

The Serra Foundation Inc, a charitable organization, is dedicated to aiding those in need, with a particular focus on providing educational funds. Its primary mission lies in offering high school and college scholarships to deserving students. Furthermore, the foundation extends its benevolence by offering financial support to various charitable organizations and individuals. In addition to these initiatives, the Serra Foundation Inc also provides rental assistance to elderly individuals, demonstrating its commitment to a wide range of charitable causes.

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Impact




October, 2024

Serra Foundation Inc has a significant impact on the community by addressing critical needs related to education and financial assistance. The organization focuses on providing high school and college scholarships to students, thereby empowering them to pursue their academic goals and improving their future prospects.

Additionally, the foundation offers rental assistance to elderly individuals, helping to alleviate financial burdens and provide stability for those in need. Through charitable contributions to various organizations, Serra Foundation Inc extends its reach, supporting a wide range of charitable works that benefit the community. Overall, its efforts foster educational opportunities and provide vital support to vulnerable populations, contributing to the betterment of society in Weirton, WV.




This information is meant to be a general summary of Serra Foundation 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.

Revenue
$498,750 (2022)
Expenses
$107,437 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $498,127
  • Gross Receipts: $498,750

Assets and Liabilities:

  • Total Assets: $15,159,405
  • Total Liabilities: $621,679
  • Net Assets: $14,537,726

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Organization Details

Founding Year

1989

Principal Officer

Ronald M Komorowski Jr

Main Address

2525 PENNSYLVANIA AVENUE, WEIRTON, WV, 26062

NTEE Category

Code: B82 - Education

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