2024-08-12T20:17:06-05:00 2023-09-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2022-10-01 541055050 SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC SOUT 5403451184 347 CAMPBELL AVENUE SW ROANOKE VA 24016 HOPE F CUPIT PRESIDENT & CEO 5403451184 2024-08-12 1 1 JENNIFER S HAN P00633304 2022937000 2024-08-05 2022 2024-08-08 14:25:15Z HOPE F CUPIT 347 CAMPBELL AVENUE SW ROANOKE VA 24016 9485799 0 X WWW.SERCAP.ORG X 1969 VA FOCUS ON ENHANCING LIFE QUALITY FOR LOW-TO-MODERATE INCOME INDIVIDUALS IN THE SOUTHEAST U.S. 18 18 72 0 0 0 7582682 8350514 536079 537236 78369 58356 0 28166 8197130 8974272 1139164 860941 0 0 3110395 4633261 0 0 0 3595824 3791243 7845383 9285445 351747 -311173 10313508 9898860 4493157 7687972 5820351 2210888 X SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT, INC. (SERCAP) 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 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. 0 0 3115198 121750 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. 2513162 860941 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. 1677191 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. 995715 415486 LOAN FUND 834959 ENVIRONMENTAL 1830674 415486 9136225 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 70 0 1 72 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X HOPE F CUPIT 5403451184 347 CAMPBELL AVENUE SW ROANOKE VA 24016 WALTER FLEMING CHAIRPERSON 3.00 X X 0 0 0 SHAWN UTT VICE CHAIR 3.00 X X 0 0 0 MARIE WATSON SECRETARY 3.00 X X 0 0 0 GEORGE FITZ-HUGH TREASURER 3.00 X X 0 0 0 BERTHA ARMSTRONG MEMBER 3.00 X 0 0 0 KEITH ASHBY MEMBER 3.00 X 0 0 0 ANGELA BATES MEMBER 3.00 X 0 0 0 KEVIN BELCHER MEMBER 3.00 X 0 0 0 SWYNICE HAWKINS MEMBER 3.00 X 0 0 0 WILLIAM HOLT MEMBER 3.00 X 0 0 0 KAJAL KAPUR MEMBER 3.00 X 0 0 0 TERRY LEWIS MEMBER 3.00 X 0 0 0 FREDDY MITCHELL MEMBER 3.00 X 0 0 0 CARMELA ORR MEMBER 3.00 X 0 0 0 WINFRED OWENS MEMBER 3.00 X 0 0 0 AL ROBERTS MEMBER 3.00 X 0 0 0 JAIME SAYLER MEMBER 3.00 X 0 0 0 JACQUELYN SLAYTON MEMBER 3.00 X 0 0 0 HOPE F CUPIT PRESIDENT & CEO 42.00 X 150794 0 23755 150794 0 23755 1 0 1 0 COLES CONSTRUCTION 204 SOUTH CREEK LANE BREMO BLUFF VA 23022 ENGINEERING & MANAGEMENT 323962 GEORGIA RURAL COMMUNITY ASSISTANCE PROGR 1152 WARD CREEK DRIVE MARIETTA GA 30064 WATER GRANT PROGRAMS 275762 HARVEY'S ENTERPRISES AND SONS 330 FERNANDO ROAD PHENIX VA 23959 INDOOR PLUMBING REPAIR 272525 CORNELIOUS W WALTON 1356 LOCKETT ROAD RICE VA 23966 CONSULTING 159162 GAVIN CONSULTING LLC 1142 GAVIN ROAD BONIFAY FL 32425 GENERAL CONTRACTOR 141474 7 8184966 165548 8350514 COLL. ON FORG. LOANS 900099 415486 415486 FEES FOR SERVICES 900099 121750 121750 537236 79504 79504 331205 159174 361151 150376 -29946 8798 -21148 -21148 OTHER INCOME 900099 28166 28166 28166 8974272 537236 0 86522 X 860941 860941 178868 178510 358 3347091 3340032 7059 194397 194008 389 657850 656534 1316 255055 254545 510 21513 21513 36475 30132 6343 2373356 2334242 39114 287867 268867 19000 62321 62321 166687 161656 5031 582263 571836 10427 43068 41731 1337 43482 43482 67727 67587 140 30239 30239 SUBS/PUBS/MEMBERS 47166 39886 7280 CREDIT IMPROVEMENT 16064 11957 4107 PERMITS & FEES 10496 7813 2683 PENALTIES & FINES 2519 1875 644 9285445 9136225 149220 0 4683455 1386080 1437127 3719883 1205545 1231088 885573 882054 85109 61538 2324889 732821 1594101 1592068 330701 941404 91897 84745 10313508 9898860 530400 710006 1615271 1255094 5943180 1092392 949586 0 85200 4493157 7687972 X 2436022 2210888 3384329 0 5820351 2210888 10313508 9898860 -311173 53192 -3351482 0 X X 0 1 X 1 1 1 X 6066855 6104140 6447952 4198353 8350514 31167814 6066855 6104140 6447952 4198353 8350514 31167814 31167814 40532 48272 65089 75177 79504 308574 28166 28166 31504554 1644748 0.98930 0.95310 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 28,166. SCHEDULE A, PART II, DESCRIPTION OF THE UPDATED NUMBERS: THE FOLLOWING REVENUE AMOUNTS ON SCHEDULE A, PART II HAVE BEEN UPDATED FROM PRIOR 990S IN ORDER TO ACCURATELY REFLECT REVENUE AMOUNTS FROM THEIR RESPECTIVE YEARS. PART II, LINE 1, COLUMN(D), 2021 PART II, LINE 8, COLUMN(C), 2020 AND COLUMN(D), 2021 PART II, LINE 10, COLUMN(A), 2018 THROUGH COLUMN(D), 2021 PART II, LINE 12 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62211 62211 9223234 9285445 614272 153568 0 0 455664 463108 542269 614272 2075313 3112970 27309 73390 67501 62211 230411 113916 115777 135567 153568 518828 778242 27309 73390 67501 62211 230411 99200 99200 2020765 616623 1404142 111754 81056 30698 93170 35142 58028 1592068 LEASE LIABILITY - OPERATING LEASE 85200 85200 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED SEPTEMBER 30, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION ON THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. 1 TOWN OF SOUTH BOSTON 455 FERRY STREET SOUTH BOSTON VA 24592 200000 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT TOWN OF WHITE STONE 433 RAPPAHANNOCK DRIVE WHITE STONE VA 22578 78500 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT MARION MANOR 529 TAYLOR STREET BRISTOL TN 37620 68000 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT CITY OF GALAX 111 E GRAYSON STREET GALAX VA 24333 546001300 50000 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT TOWN OF PEARISBURG 112 TAZEWELL STREET PEARISBURG VA 24134 40000 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT COUNTY OF ACCOMACK PO BOX 388 ACCOMAC VA 23301 35131 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT WATER MEMBRANE SYSTEMS PO BOX 787 JUPITER FL 33468 32500 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT ACCOMACK-NORTHAMPTON PLANNING DEPT PO BOX 417 ACCOMAC VA 23301 29887 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT MID-ATLANTIC EPISCOPAL DISTRICT AME ZION CHURCH PO BOX 1338 PAMPLIN VA 23958 29392 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT COLES CONSTRUCTION 204 SOUTH CREEK LANE BREMO BLUFF VA 23022 27104 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT PAMPLIN CITY PO BOX 249 LOVINGSTON VA 22949 24600 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT NELSON COUNTY SERVICE AUTHORITY 9701 APOLLO DRIVE SUITE 245 LARGO MD 20774 16200 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT TOWN OF GLEN LYN 155 HOUSTON LANE GLEN LYN VA 24093 15000 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT TOWN OF KENBRIDGE PO BOX 478 KENBRIDGE VA 23944 11199 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT CITY OF FRANKLIN 207 WEST 2ND AVENUE FRANKLIN VA 23851 9033 0 FACILITES DEVELOPMENT REIMBURSEMENT/GRANT EXPENSE PAYMENT 12 3 PART I, LINE 2: WHEN SERCAP UTILIZES FEDERAL FUNDS TO MAKE SUB-AWARDS TO SUB RECIPIENTS, SERCAP IS SUBJECT TO A REQUIREMENT TO MONITOR EACH SUB RECIPIENT IN ORDER TO PROVIDE REASONABLE ASSURANCE THAT SUB RECIPIENTS ARE COMPLYING, IN ALL MATERIAL RESPECTS, WITH LAWS, REGULATIONS, AND AWARD PROVISIONS APPLICABLE TO THE PROGRAM. THE LEVEL OF MONITORING REQUIRED IS BASED ON RESULTS OF THE RISK ASSESSMENT PERFORMED AT THE OUTSET OF THE SUBAWARD. ONGOING MONITORING OF SUB RECIPIENTS BY SERCAP WILL INHERENTLY VARY FROM SUB RECIPIENT TO SUB RECIPIENT, BASED ON THE NATURE OF WORK ASSIGNED TO EACH SUB RECIPIENT. HOWEVER, ONGOING MONITORING ACTIVITIES MAY INVOLVE ANY OR ALL OF THE FOLLOWING: (A) REGULAR CONTACTS WITH SUB RECIPIENTS AND APPROPRIATE INQUIRIES REGARDING THE PROGRAM. (B)REVIEWING PROGRAMMATIC AND FINANCIAL REPORTS PREPARED AND SUBMITTED BY THE SUB RECIPIENT AND FOLLOWING UP ON AREAS OF CONCERN. (C) MONITORING SUB RECIPIENT BUDGETS. (D) PERFORMING SITE VISITS TO THE SUB RECIPIENT TO REVIEW FINANCIAL AND PROGRAMMATIC RECORDS AND ASSESS COMPLIANCE WITH APPLICABLE LAWS, REGULATIONS, AND PROVISIONS OF THE SUB AWARD. (E) OFFERING SUB RECIPIENTS TECHNICAL ASSISTANCE WHERE NEEDED. (F) MAINTAINING A SYSTEM TO TRACK AND FOLLOW UP ON DEFICIENCIES NOTED AT THE SUB RECIPIENT IN ORDER TO ASSURE THAT APPROPRIATE CORRECTIVE ACTION IS TAKEN. (G) ESTABLISHING AND MAINTAINING A TRACKING SYSTEM TO ASSURE TIMELY SUBMISSION OF ALL REPORTS REQUIRED OF THE SUB RECIPIENT. DOCUMENTATION SHALL BE MAINTAINED IN SUPPORT OF ALL EFFORTS ASSOCIATED WITH SERCAP'S ONSITE MONITORING OF SUB RECIPIENTS ON AN ANNUAL BASIS. X X 0 0 0 0 0 0 0 0 0 HOPE F CUPIT PRESIDENT & CEO 150794 0 0 0 0 0 13078 0 10677 0 174549 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING WITH IT THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE TRANSPARENCY AND MAINTAIN THE HIGHEST ETHICAL STANDARDS, ALL STAFF MEMBERS AND BOARD MEMBERS OF SERCAP, INC. ARE REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. SERCAP CONFIRMS COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY THROUGH AN ANNUAL CONFIRMATION OF COMPLIANCE FROM THE BOARD OF DIRECTORS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING SERCAP'S CEO COMPENSATION INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AND THE ASSIGNED COMMITTEE, AS WELL AS THE 2022 VIRGINIA COMMUNITY ACTION PARTNERSHIP COMPENSATION & BENEFITS SURVEY PREPARED BY WIPFLI LLP ON BEHALF OF VACAP. THE PROCESS WAS LAST CONDUCTED IN OCTOBER 2022. FORM 990, PART VI, SECTION C, LINE 19 SERCAP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ENGINEERING & MANAGEMENT: PROGRAM SERVICE EXPENSES 1,491,798. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,491,798. FIELD ASSISTANTS & CONSULTANTS: PROGRAM SERVICE EXPENSES 158,074. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 158,074. INDIRECT FIELD ASSIST: PROGRAM SERVICE EXPENSES 137,254. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,254. EMPLOYEE SERVICES: PROGRAM SERVICE EXPENSES 81,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,938. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 351,288. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 351,288. PROGRAM OUTREACH: PROGRAM SERVICE EXPENSES 5,324. MANAGEMENT AND GENERAL EXPENSES 1,828. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,152. STAFF TRAINING: PROGRAM SERVICE EXPENSES 108,566. MANAGEMENT AND GENERAL EXPENSES 37,286. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,852. FORM 990, PART XII, LINE 12C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 347 WEST CAMPBELL LLC 145 W CAMPBELL AVENUE SW ROANOKE VA 24011 208571521 REAL ESTATE VA 2119965 SOUTHEAST RURAL COMMUNITY ASSISTANCE PR