Serena Corp
- Assets
- $354.3k
- Revenue
- $15.4k
- Investments
- $345.6k
- Employees
- 0
- Location
- Redmond, WA
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 83-0955581
Organization Overview
Serena Corp is located in Redmond, WA. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serena 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, Serena Corp generated $15.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $45.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVELY PROMOTE AND SUPPORT ITALIAN CULTURE AND PASSION FOR INNOVATION IN THE PACIFIC NORTHWEST. BUILD MEANINGFUL CONNECTIONS, SHARE KNOWLEDGE. FOSTER GROWTH, JOB CREATION AND SOCIAL IMPACT BOTH IN ITALY AND THE U.S.
WE BELIEVE IN SHARING THE BLESSINGS WE HAVE RECEIVED AND IN CELEBRATING THE SPIRITUAL RECIPROCITY THAT EXISTS BETWEEN DONORS AND RECEIVERS WORKING COLLABORATIVELY TO MAKE THE WORLD A BETTER PLACE.
OUR GOAL IS TO FOSTER ITALIAN AND AMERICAN CULTURE OF INNOVATION AND BUILD LASTING PARTNERSHIPS BASED ON THE HISTORY OF FRIENDSHIP AND COMMON VALUES BETWEEN OUR COUNTRIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davide Vigano President | 4 | $0 | |
Paola Croci Treasurer | 1 | $0 | |
Emanuele Vigano Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,015 |
| Interest on Savings | $1 |
| Dividends & Interest | $6,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,035 |
| Capital Gain Net Income | $4,035 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,353 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $258 |
| Total operating and administrative expenses | $35,055 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $45,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,660 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $345,605 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $354,265 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Serena Corp has awarded $4,318 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GRUPPO MULTIMEDICA PURPOSE: SURGICAL MASKS TO ITALIAN HOSPITAL AND NURSING HOME | $3,454 |
FONDAZIONE CARISMA - CASA DI RIPOSO MARIA AUSILIATRICE PURPOSE: SURGICAL MASKS TO ITALIAN HOSPITAL AND NURSING HOME | $432 |
FONDAZIONE GUSMINI PURPOSE: SURGICAL MASKS TO ITALIAN HOSPITAL AND NURSING HOME | $432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alaska Native Heritage Center Inc Anchorage, AK | $24,030,131 | $11,226,871 |
Brothers For Life Seattle, WA | $4,440,367 | $6,321,338 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Native Village Of Buckland Buckland Native Store Buckland, AK | $1,489,143 | $4,536,505 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |
Native Village Of Point Lay 3ba Point Lay, AK | $314,221 | $2,728,082 |
Potlatch Fund Seattle, WA | $4,173,934 | $2,931,194 |
Robert Aqqaluk Newlin Sr Memorial Trust Kotzebue, AK | $37,919,726 | $3,778,616 |
Accion Politica Pcunista Woodburn, OR | $202,391 | $1,645,822 |
Native Village Of Shaktoolik Shaktoolik, AK | $586,834 | $1,643,365 |
Morris Thomspon Cultural & Visitors Center Fairbanks, AK | $17,042,813 | $971,715 |
Native Village Of Tununak A Section 17 Corporation Tununak, AK | $360,397 | $1,621,233 |