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Ser Community Development Corporation

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

EIN: 760366183 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ser Community Development Corporation?

The Ser Community Development Corporation, located in Houston, Texas, serves as a facilitator for various nonprofit organizations. Its primary mission is to provide affordable housing and economic support to low and moderate-income residents within the community. Additionally, the organization offers its facilities to other nonprofits, enabling them to carry out their social service missions effectively, thereby contributing to the overall well-being of the community. The corporation's activities are centered around empowering underserved communities and ensuring that essential services continue to thrive.


Official website here: www.serhouston.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Ser Community Development Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The score is derived entirely from its accountability and finance metrics, showcasing the organization's transparency and effective governance. The nonprofit demonstrated exemplary practices, such as having a fully independent board and no material diversion of assets, ensuring trustworthiness in its operations.

The organization excels in various areas, including a high program expense ratio of 81.42%, which indicates that a significant portion of its resources is dedicated to its programs rather than administrative costs. Furthermore, it has robust policies in place for conflict of interest, whistleblower protections, and document retention, all of which contribute to its overall integrity and effective management practices.

Overall, Ser Community Development Corporation's high rating signifies a well-run organization that prioritizes accountability, financial health, and transparency. There are no noted limitations in the data provided, emphasizing a strong performance across all evaluated areas.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Ser Community Development Corporation?

88% of the 89 reviewers on Facebook recommend Ser Community Development Corporation. Here is a summary of their reviews:

Many individuals express appreciation for the job opportunities provided by the organization, highlighting their positive experiences in finding employment through Ser. One reviewer mentioned the enjoyment they felt during their participation, suggesting that the environment is engaging and supportive.

Overall, the sentiment is largely favorable, indicating that Ser Community Development Corporation successfully delivers on its promise to assist people in gaining meaningful employment. This nonprofit appears to have made a significant impact in the lives of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Ser Community Development Corporation legitimate?

Ser Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ser Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.serhouston.org

What is the mission statement of Ser Community Development Corporation?

The Ser Community Development Corporation's mission is centered around providing affordable housing and economic support to low and moderate-income community residents. Additionally, they aim to maintain facilities that enable other non-profit organizations to carry out their missions, contributing to the provision of social services within the community. By doing so, the corporation plays a crucial role in enhancing the well-being of its residents and supporting various community-focused initiatives.


Official website here: www.serhouston.org

Who is the CEO of Ser Community Development Corporation?

Sheroo Mukhtiar is the Chairman of Ser Community Development Corporation. The CEO's salary of Ser Community Development Corporation is $0 and their total compensation is $182,011.


Official website here: www.serhouston.org

What is the revenue of Ser Community Development Corporation?

Ser Community Development Corporation's revenue in 2022 was $3,154,468.


Official website here: www.serhouston.org

Who are the executives of Ser Community Development Corporation and what are their salaries?


Here are 7 key members and their salaries (Ser Community Development Corporation's CEO's salary is $0 and their total compensation is $182,011):


Steve Rosencranz (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheroo Mukhtiar (Chief Executive Officer)
  • Compensation: $0
  • Related: $174,546
  • Other: $7,465
Herlinda S Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estella Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ebrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Ezzell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.serhouston.org

Where can I find the form 990 for Ser Community Development Corporation?

Ser Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.serhouston.org

Learn more at the official website: www.serhouston.org

Mission Statement of Ser Community Development Corporation

Ser Community Development Corporation is a dedicated organization with a mission to provide affordable housing and economic support to individuals and families falling under the low and moderate income bracket in their community. Beyond this, the corporation also serves as a beneficial host, offering facilities for various other non-profit organizations to carry out their missions, which primarily involve providing social services to the community. This dual role allows Ser Community Development Corporation to contribute significantly to the well-being of its community by promoting both affordable housing and essential social services.

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Impact




July, 2024

Ser Community Development Corporation's impact is significant in the community of Houston, TX. By providing affordable housing and economic support to low and moderate-income residents, Ser CDC plays a vital role in addressing housing insecurity and financial challenges faced by many individuals and families. Additionally, by maintaining facilities for other nonprofit organizations to carry out their missions of providing social services, Ser CDC contributes to a network of support that benefits the broader community. Through its dedicated efforts, Ser CDC helps to create a more inclusive and supportive environment for individuals and families in need.




This information is meant to be a general summary of Ser Community Development 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.

Revenue
$3,154,468 (2022)
Expenses
$160,806 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,699,746
  • Gross Receipts: $3,468,924

Assets and Liabilities:

  • Total Assets: $4,202,790
  • Total Liabilities: $31,400
  • Net Assets: $4,171,390

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Organization Details

Founding Year

2016

Principal Officer

Sheroo Mukhtiar

Main Address

1710 TELEPHONE ROAD, HOUSTON, TX, 77023

NTEE Category

Code: L20 - Housing

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