Self-Help Services Corp
- Assets
- $8.6m
- Revenue
- $67.5m
- Investments
- $0.0
- Employees
- 1,050
- Location
- Durham, NC
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 56-1849615
Organization Overview
Self-Help Services Corp is located in Durham, NC. The organization was established in 1994. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Self-Help Services Corp employed 1,050 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self-Help Services Corp 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 12/2021, Self-Help Services Corp generated $67.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $67.5m during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PERSONNEL SERVICES AND TECHNICAL ASSISTANCE FOR AFFILIATED EXEMPT ORGANIZATIONS WORKING TO RELIEVE POVERTY IN DISTRESSED COMMUNITIES AND OTHER CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE STAFFING AND TECHNICAL ASSISTANCE FOR SELF-HELP FEDERAL CREDIT UNION TO SUPPORT ITS EXEMPT PURPOSE ACTIVITIES.
PROVIDE STAFFING AND TECHNICAL ASSISTANCE FOR SELF-HELP CREDIT UNION TO SUPPORT ITS EXEMPT PURPOSE ACTIVITIES.
PROVIDE STAFFING AND TECHNICAL ASSISTANCE FOR SELF-HELP VENTURES FUND TO SUPPORT ITS EXEMPT PURPOSE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asusena Fonseca President Lower Valley Divs | 0 | $185,371 | |
Micheline Savarin Dir Mktg & Comms | 0 | $142,708 | |
Marisabel Torres Ca Policy Dir | 0 | $125,103 | |
Peter Smith Sr Researcher | 0 | $124,827 | |
Carey Roscrow VP Info Tech & Info Sys | 0 | $123,113 | |
Stephanie Barnes-Simms Evp | OfficerTrustee | 0 | $92,074 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,460,504 |
| Investment income | $0 |
| 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 | $67,460,504 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,801,200 |
| Pension plan accruals and contributions | $4,601,698 |
| Other employee benefits | $7,879,556 |
| Payroll taxes | $4,131,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $19,764 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $67,461,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,004,355 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,395,302 |
| 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 | $175,194 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,574,851 |
| Accounts payable and accrued expenses | $8,507,291 |
| 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 | $0 |
| Total liabilities | $8,507,291 |
| Net assets without donor restrictions | $67,560 |
| 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 | $8,574,851 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Self-Help Services Corp has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The@david Himelberg Foundation New York, NY PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lowcountry Food Bank Inc Charleston, SC | $24,232,316 | $78,517,842 |
Self-Help Services Corp Durham, NC | $8,574,851 | $67,460,504 |
People Incorporated Of Virginia Abingdon, VA | $22,478,644 | $16,537,740 |
Lake Monticello Owners Association Lake Monticello, VA | $27,325,227 | $9,680,580 |
Reinvestment Partners Durham, NC | $12,338,640 | $8,350,193 |
Star C Corporation Marietta, GA | $534,124 | $5,554,127 |
Sandhills Community Action Program Inc Southern Pines, NC | $2,226,446 | $4,141,015 |
Urban Ministries Of Durham Inc Durham, NC | $4,630,944 | $4,348,989 |
Basic Acrylic Monomer Manufacturers Inc Williamsburg, VA | $5,992,927 | $2,980,426 |
Central Virginia Partnership For Economic Development Charlottesville, VA | $960,177 | $3,152,510 |
Nashville Entrepreneur Center Nashville, TN | $5,510,497 | $3,220,772 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Augusta, GA | $19,176,183 | $4,332,479 |