Southeast Rural Community Assistance Project Inc
- Assets
- $8.9m
- Revenue
- $6.8m
- Investments
- $19.5k
- Employees
- 54
- Location
- Roanoke, VA
- Founding
- 10/1977
- Data as of
- 09/2021
- 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 09/2021, Southeast Rural Community Assistance Project Inc employed 54 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 09/2021, Southeast Rural Community Assistance Project Inc generated $6.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $6.3m during the year ending 09/2021. While expenses have increased by 7.0% per year over the past 6 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 14 individual grants totaling $309,065. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT, INC. WAS ORGANIZED FOR THE PURPOSE OF PROMOTING AND ASSISTING THE DEVELOPMENT OF WATER AND WASTEWATER FACILITIES IN MARYLAND, DELAWARE, VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, GEORGIA, AND FLORIDA. THE PRIMARY CONCERN IS FOR LOW-INCOME PERSONS WHO LACK THE RESOURCES, BOTH FINANCIALLY AND POLITICALLY, TO OBTAIN ADEQUATE WATER AND WASTEWATER FACILITIES. SINCE 1969, SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT, INC. HAS ALSO ASSISTED IN THE DEVELOPMENT OF OTHER NEEDED RURAL SERVICES. SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT, INC. ASSISTS IN THE DEVELOPMENT OF FACILITIES IN LOW-INCOME RURAL AREAS BY: ORGANIZING PEOPLE, HELPING APPLY FOR FINANCING, COORDINATING SYSTEM DESIGN OF INDIVIDUAL WELL SITES, AND PROVIDING INFORMATION RELATED TO THE CONSTRUCTION, OPERATIONS, AND MAINTENANCE OF WATER AND WASTEWATER FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE AND TRAINING GRANT PROGRAM (TECHNITRAIN)PROGRAM PROVIDES COMMUNITY-SPECIFIC TRAINING AND TECHNICAL ASSISTANCE TO SMALL, LOW-INCOME COMMUNITIES AND NON-PROFIT AGENCIES SERVING A POPULATION OF LESS THAN 10,000 TO MEET THEIR WATER AND WASTEWATER NEEDS. THE RANGE OF TRAINING AND TECHNICAL ASSISTANCE IS BROAD AND INCLUDES ACTIVITIES RELATING TO FINANCING SUCH AS APPLYING FOR LOANS AND GRANTS.
COMMUNITY SERVICES BLOCK GRANT DISCRETIONARY AWARDWITH THIS FUNDING, WE ARE ABLE TO IMPACT FOUR KEY ISSUES FACING LOW-INCOME RURAL AREAS IN THE STATE: WATER AND WASTEWATER NEEDS, HOUSING, COMMUNITY ORGANIZATION, AND COMMUNITY ECONOMIC DEVELOPMENT. SERCAP ALSO PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO LOCALITIES AND AGENCIES ON COMMUNITY ORGANIZATION, NEEDS ASSESSMENTS, AND PLANNING WITH REGARD TO WATER AND WASTEWATER PROBLEMS AND ECONOMIC DEVELOPMENT.
VIRGINIA STATE GRANTS APPROPRIATION FOR OPERATIONS AND FACILITIES DEVELOPMENTTHIS GRANT FUNDS ACTIVITIES IN SIX MAJOR PROGRAM AREAS: COMMUNITY ORGANIZING, WATER AND WASTEWATER INFRASTRUCTURE DEVELOPMENT, SYSTEM OPERATION AND MANAGEMENT ASSISTANCE, HOUSING, RURAL ECONOMIC DEVELOPMENT AND RURAL ENVIRONMENTAL RESOURCE ISSUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope F Cupit President And CEO | Officer | 37.5 | $136,436 |
Swynice M Hawkins Chairperson | OfficerTrustee | 3 | $0 |
Shawn Utt Treasurer | OfficerTrustee | 3 | $0 |
Walter Fleming Jr Vice Chairperson | OfficerTrustee | 3 | $0 |
E Marie Watson Secretary | OfficerTrustee | 3 | $0 |
Terry D Lewis Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Georgia Rural Community Assistance Progr Program Reimbursements | 9/29/21 | $209,320 |
Coles Construction Engineering & Management Projects | 9/29/21 | $108,650 |
Michael Yoder Construction Engineering & Management Projects | 9/29/21 | $215,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,106,905 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,047 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,447,952 |
| Total Program Service Revenue | $280,785 |
| Investment income | $65,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,550 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,797,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $453,439 |
| 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. | $153,367 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,925,321 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $808,826 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,119 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,401,769 |
| Advertising and promotion | $0 |
| Office expenses | $116,492 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $122,446 |
| Travel | $139,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,239 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,663 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,262,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,886,410 |
| Savings and temporary cash investments | $1,312,456 |
| Pledges and grants receivable | $653,287 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,016,566 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $68,781 |
| Net Land, buildings, and equipment | $1,569,680 |
| Investments—publicly traded securities | $401,876 |
| Investments—other securities | $19,500 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,928,556 |
| Accounts payable and accrued expenses | $482,044 |
| 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 | $1,140,402 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,769,421 |
| Total liabilities | $3,391,867 |
| Net assets without donor restrictions | $1,992,320 |
| Net assets with donor restrictions | $3,544,369 |
| 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 | $8,928,556 |
Grants Awarded
Over the last fiscal year, Southeast Rural Community Assistance Project Inc has awarded $309,065 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NELSON COUNTY SERVICE AUTHORITY PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $38,957 |
COUNTY OF ACCOMACK PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $29,887 |
CRAIG-NEW CASTLE PUBLIC SERVICE AUTHORITY PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $27,415 |
TOWN OF RICH CREEK PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $26,981 |
Lexington, VA PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $26,790 |
TOWN OF KEYSVILLE PURPOSE: FACILITY DEVELOPMENT & REIMBURSEMENT PROGRAM | $26,645 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southeast Rural Community Assistance Project Inc has recieved totaling $39,500.
| Awarding Organization | Amount |
|---|---|
Hillsdale Fund Inc Greensboro, NC PURPOSE: TO ASSIST THE TAX EXEMPT ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE. | $20,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $19,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Davidson Water Inc Welcome, NC | $156,115,966 | $18,462,382 |
Craig-Botetourt Electric Co-Operative New Castle, VA | $37,707,997 | $13,868,268 |
Chickasaw Electric Cooperative Inc Somerville, TN | $53,475,417 | $11,540,498 |
Virginia Maryland Delaware Association Of Electric Cooperativ Glen Allen, VA | $4,896,321 | $7,911,064 |
Tennessee One-Call System Inc Nashville, TN | $15,040,368 | $8,322,679 |
Southeast Rural Community Assistance Project Inc Roanoke, VA | $8,928,556 | $6,797,376 |
Outdoor Power Equipment Institute Inc Alexandria, VA | $17,715,091 | $3,228,367 |
Electric Power Supply Association Washington, DC | $6,703,647 | $5,166,288 |
West Carteret Water Corporation Inc Newport, NC | $30,167,915 | $5,934,508 |
South Eastern Water Assoc Inc Somerset, KY | $31,183,377 | $5,722,292 |
Independent Electrical Contractors Inc Arlington, VA | $3,195,715 | $4,728,698 |
International Bottled Water Association Alexandria, VA | $5,454,165 | $4,671,484 |