Southeast Rural Community Assistance Project Inc
- Assets
- $9.9m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 72
- Location
- Roanoke, VA
- Founding
- 10/1977
- Data as of
- 09/2023
- EIN
- 54-1055050
Organization Overview
Southeast Rural Community Assistance Project Inc is located in Roanoke, VA. The organization was established in 1977. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2023, Southeast Rural Community Assistance Project Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Rural Community Assistance Project Inc 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 09/2023, Southeast Rural Community Assistance Project Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $9.3m during the year ending 09/2023. While expenses have increased by 10.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Southeast Rural Community Assistance Project Inc has awarded 43 individual grants totaling $1,650,651. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOCUS ON ENHANCING LIFE QUALITY FOR LOW-TO-MODERATE INCOME INDIVIDUALS IN THE SOUTHEAST U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND TECHNICAL ASSISTANCE: THE EPA NPA 1 GRANT PROGRAM ALLOWS SERCAP TO PROVIDE TRAINING AND TECHNICAL ASSISTANCE (TA) FOR SMALL, RURAL COMMUNITY WATER SYSTEMS. EPA NPA 1 SPECIFICALLY FOCUSES ON PROVIDING CLEAN, SAFE DRINKING WATER TO THESE SMALL, RURAL COMMUNITIES. THE TRAINING AND TA PROVIDED UNDER THIS GRANT PROGRAM FREQUENTLY SUPPORTS COMPLIANCE, AND HELPS SMALL WATER SYSTEMS TO GAIN AND/OR MAINTAIN COMPLIANCE WITH LOCAL, STATE, AND FEDERAL WATER REGULATIONS. HOWEVER, THESE FUNDS DO NOT COVER ANY FINES/FEES ASSOCIATED WITH SYSTEMS BEING OUT OF COMPLIANCE. 450 PROJECTS AND 105 TRAININGS COMPLETED.
COMMUNITY DEVELOPMENT: THE RURAL COMMUNITY DEVELOPMENT (RCD) GRANT FROM HHS: OCS, ALSO PROVIDES TRAINING AND TECHNICAL ASSISTANCE (TA) TO SMALL, RURAL WATER AND WASTEWATER SYSTEMS. THIS GRANT FUNDING ALLOWS SERCAP TO IMPACT FOUR KEY ISSUES FACING LMI RURAL AREAS IN THE SOUTHEAST US, INCLUDING: CLEAN DRINKING WATER, ENVIRONMENTALLY SOUND WASTEWATER SOLUTIONS, CRITICAL INFRASTRUCTURE, AND COMMUNITY DEVELOPMENT. SERCAP'S TECHNICAL ASSISTANCE PROVIDERS (TAPS) SUPPORT THESE COMMUNITIES BY PROVIDING TRAINING TO COMMUNITY BOARDS, TRAINING TO W/WW OPERATORS, AND NECESSARY TA, INCLUDING: W/WW NEEDS ASSESSMENTS, PLANNING & OPERATIONS, ECONOMIC DEVELOPMENT, AND MORE. 105 PROJECTS AND 14 TRAININGS COMPLETED.
HOUSING: SERCAP'S HOUSING PROGRAMS ARE DEDICATED TO ENHANCING THE QUALITY OF LIFE FOR RURAL AND LOW-INCOME COMMUNITIES BY DELIVERING ESSENTIAL HOUSING SERVICES. THESE INITIATIVES FOCUS ON PROVIDING SAFE, AFFORDABLE, AND ADEQUATE HOUSING SOLUTIONS THROUGH A RANGE OF EFFORTS, INCLUDING HOME REPAIRS, REHABILITATION, HOUSING COUNSELING, AND THE LEAD HAZARD REDUCTION PROGRAM, WHICH AIMS TO MITIGATE LEAD EXPOSURE IN HOMES, PARTICULARLY THOSE WITH CHILDREN UNDER THE AGE OF SIX. THIS PROGRAM NOT ONLY IMPROVES RESIDENT SAFETY AND HEALTH BUT ALSO PREVENTS THE LONG-TERM HEALTH ISSUES ASSOCIATED WITH LEAD POISONING. THE PROGRAMS ARE FUNDED THROUGH A COMBINATION OF FEDERAL, STATE, AND LOCAL GOVERNMENT GRANTS, PRIVATE DONATIONS, AND PARTNERSHIPS WITH ORGANIZATIONS SUCH AS THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), THE UNITED STATES DEPARTMENT OF AGRICULTURE (USDA), AND VARIOUS LOCAL COMMUNITY FOUNDATIONS. KEY STAKEHOLDERS INCLUDE COMMUNITY MEMBERS, LOCAL GOVERNMENT AGENCIES, HEALTH DEPARTMENTS, AND NONPROFIT ORGANIZATIONS. BY ADDRESSING CRITICAL HOUSING NEEDS AND REDUCING LEAD HAZARDS, SERCAP PROMOTES STABILITY AND IMPROVES LIVING CONDITIONS FOR VULNERABLE POPULATIONS, FOSTERING HEALTHIER AND MORE SUSTAINABLE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Fleming Chairperson | OfficerTrustee | 3 | $0 |
Shawn Utt Vice Chair | OfficerTrustee | 3 | $0 |
Marie Watson Secretary | OfficerTrustee | 3 | $0 |
George Fitz-Hugh Treasurer | OfficerTrustee | 3 | $0 |
Bertha Armstrong Member | Trustee | 3 | $0 |
Keith Ashby Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Coles Construction Engineering & Management | 9/29/23 | $323,962 |
Georgia Rural Community Assistance Progr Water Grant Programs | 9/29/23 | $275,762 |
Harvey's Enterprises And Sons Indoor Plumbing Repair | 9/29/23 | $272,525 |
Cornelious W Walton Consulting | 9/29/23 | $159,162 |
Gavin Consulting Llc General Contractor | 9/29/23 | $141,474 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,184,966 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,350,514 |
| Total Program Service Revenue | $537,236 |
| Investment income | $79,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,148 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,974,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $860,941 |
| 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. | $178,868 |
| Compensation of current officers, directors, key employees. | $358 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,347,091 |
| Pension plan accruals and contributions | $194,397 |
| Other employee benefits | $657,850 |
| Payroll taxes | $255,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,513 |
| Fees for services: Accounting | $36,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,373,356 |
| Advertising and promotion | $0 |
| Office expenses | $287,867 |
| Information technology | $62,321 |
| Royalties | $0 |
| Occupancy | $166,687 |
| Travel | $582,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,068 |
| Interest | $43,482 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,727 |
| Insurance | $30,239 |
| All other expenses | $0 |
| Total functional expenses | $9,285,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,386,080 |
| Savings and temporary cash investments | $3,719,883 |
| Pledges and grants receivable | $1,231,088 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $882,054 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $61,538 |
| Net Land, buildings, and equipment | $1,592,068 |
| Investments—publicly traded securities | $941,404 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,745 |
| Total assets | $9,898,860 |
| Accounts payable and accrued expenses | $710,006 |
| Grants payable | $0 |
| Deferred revenue | $5,943,180 |
| 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 | $949,586 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $85,200 |
| Total liabilities | $7,687,972 |
| Net assets without donor restrictions | $2,210,888 |
| 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 | $9,898,860 |
Grants Awarded
Over the last fiscal year, Southeast Rural Community Assistance Project Inc has awarded $666,546 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF SOUTH BOSTON PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $200,000 |
TOWN OF WHITE STONE PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $78,500 |
MARION MANOR PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $68,000 |
CITY OF GALAX PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $50,000 |
TOWN OF PEARISBURG PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $40,000 |
COUNTY OF ACCOMACK PURPOSE: FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT | $35,131 |