Southeast Asian Refugee Community Home-Search
- Assets
- $443.7k
- Revenue
- $439.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- 09/1993
- Data as of
- 12/2022
- EIN
- 41-1729008
Organization Overview
Southeast Asian Refugee Community Home-Search is located in Minneapolis, MN. The organization was established in 1993. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2022, Southeast Asian Refugee Community Home-Search employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Asian Refugee Community Home-Search is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Southeast Asian Refugee Community Home-Search generated $439.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $438.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ASSIST IMMIGRANTS/REFUGEES AND THEIR DESCENDANTS TO REDUCE THE EFFECTS OF SYSTEMIC INEQUALITIES. KEY ORGANIZATIONAL GOALS INCLUDE: HELPING UNDERSTAND THE SUPPORT MECHANISMS AVAILABLE AND IMPROVING PARTICIPANTS ECONOMIC SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE - UNDER THIS PROGRAM, FOCUS IS ON LOW INCOME INDIVIDUALS FROM THE SOUTHEAST ASIAN COMMUNITIES IN MINNESOTA. SEARCH UTILIZES THESE FUNDS TO PROVIDE SOLDERING TRAINING CERTIFICATION TO THE HMONG COMMUNITY IN THE ST. PAUL AREA.
UNITED WAY - UNDER THIS PROGRAM THE ORGANIZATION SERVES LOW INCOME CITY OF MINNEAPOLIS RESIDENTS BY CONNECTING THEM TO EMPLOYMENT OPPORTUNITIES WITH INCREASED EARNING POTENTIAL. ALSO PROVIDES SUPPORT BUILDING RESUMES AND LEARNING SELF-SUFFICIENCY WITH JOB SEARCH TECHNIQUES. SOME FUNDS ARE USED FOR GENERAL OPERATIONS.
CDBG - UNDER THIS PROGRAM THE ORGANIZATION SERVES LOW INCOME CITY OF MINNEAPOLIS RESIDENTS BY CONNECTING THEM TO EMPLOYMENT OPPORTUNITIES WITH INCREASED EARNING POTENTIAL. ALSO PROVIDES SUPPORT BUILDING RESUMES AND LEARNING SELF-SUFFICIENCY WITH JOB SEARCH TECHNIQUES.
MPW - UNDER THIS PROGRAM CLASSROOM INSTRUCTION, WORKFORCE PLACEMENT, AND RETENTION SERVICES FOR PROFESSIONAL SKILLS TRAINING WERE PROVIDED. SUBJECT AREAS INCLUDE FINANCIAL MANAGEMENT, IT, AND HR SKILLS DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Benson Executive Director | OfficerTrustee | 40 | $90,306 |
Mary Lou Fiala Board Secretary | Trustee | 5 | $0 |
Ker Yang Board Chair | Trustee | 5 | $0 |
Punnarin Koi Board Vice Chair | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $381,334 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,765 |
| Total Program Service Revenue | $0 |
| Investment income | $1,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,112 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,146 |
| Pension plan accruals and contributions | $6,002 |
| Other employee benefits | $9,666 |
| Payroll taxes | $25,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,500 |
| Fees for services: Accounting | $5,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,761 |
| Advertising and promotion | $414 |
| Office expenses | $1,912 |
| Information technology | $6,141 |
| Royalties | $0 |
| Occupancy | $44,617 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,735 |
| Insurance | $7,247 |
| All other expenses | $0 |
| Total functional expenses | $438,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,110 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $127,267 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,495 |
| Total assets | $443,668 |
| Accounts payable and accrued expenses | $33,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $954 |
| Total liabilities | $34,683 |
| Net assets without donor restrictions | $408,985 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $443,668 |