SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC

EIN: 541055050 501(c)(3) Public & Societal Benefit

ROANOKE, VA

Total Revenue
$9,911,088
Total Expenses
$9,814,232
Total Assets
$10,509,129
Net Assets
$2,708,102
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
VA
Principal Officer
HOPE F CUPIT
Phone
5403451184
Tax Period
2023-10-01 to 2024-09-30

SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC, founded in 1969, is a community nonprofit in the Public & Societal Benefit sector that reported $9.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $2,749,064 Revenue: $230,619

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...

Read more

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. 458 PROJECTS AND 124 TRAININGS COMPLETED.

Program 2
Expenses: $1,855,027 Revenue: $155,620

ENVIRONMENTAL: THE ENVIRONMENTAL FINANCE CENTER PROVIDES TRAINING AND APPLICATION ASSISTANCE TO LOW-INCOME COMMUNITIES TO HELP THEM GAIN ACCESS TO GRANTS AND LOANS FOR CRITICAL WATER, WASTEWATER, AND...

Read more

ENVIRONMENTAL: THE ENVIRONMENTAL FINANCE CENTER PROVIDES TRAINING AND APPLICATION ASSISTANCE TO LOW-INCOME COMMUNITIES TO HELP THEM GAIN ACCESS TO GRANTS AND LOANS FOR CRITICAL WATER, WASTEWATER, AND OTHER ENVIRONMENTAL PROJECTS. FURTHERMORE, THE EFC'S ASSISTANCE WILL CENTER ON HELPING COMMUNITIES ACCESS SRF (STATE REVOLVED FUNDS) AND OTHER STATE AND FEDERAL GRANTS AND LOANS.

Program 3
Expenses: $1,846,082 Revenue: $154,865

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...

Read more

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. 100 PROJECTS AND 14 TRAININGS COMPLETED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,915,242
Program Service Revenue $738,333
Investment Income $137,677
Other Revenue $119,836
TOTAL REVENUE $9,911,088

Expense Breakdown

Grants Paid $387,969
Salaries & Benefits $5,073,649
Fundraising Expenses $0
Program Expenses $8,792,675
Other Expenses $4,352,614
TOTAL EXPENSES $9,814,232

Year-over-Year Comparison

2023 2022 Change
Revenue $9,911,088 $8,974,272 +0.1%
Expenses $9,814,232 $9,285,445 +0.1%
Net Income $96,856 $-311,173 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
81
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$180,978
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER FLEMING CHAIRPERSON 3.00
Officer Director
$0 $0 $0
SHAWN UTT VICE CHAIR 3.00
Officer Director
$0 $0 $0
MARIE WATSON SECRETARY 3.00
Officer Director
$0 $0 $0
GEORGE FITZ-HUGH TREASURER 3.00
Officer Director
$0 $0 $0
BERTHA ARMSTRONG MEMBER 3.00
Director
$0 $0 $0
KEITH ASHBY MEMBER 3.00
Director
$0 $0 $0
ANGELA BATES MEMBER 3.00
Director
$0 $0 $0
KEVIN BELCHER MEMBER 3.00
Director
$0 $0 $0
SWYNICE HAWKINS MEMBER 3.00
Director
$0 $0 $0
WILLIAM HOLT MEMBER 3.00
Director
$0 $0 $0
KAJAL KAPUR MEMBER 3.00
Director
$0 $0 $0
TERRY LEWIS MEMBER 3.00
Director
$0 $0 $0
FREDDY MITCHELL MEMBER 3.00
Director
$0 $0 $0
CARMELA ORR MEMBER 3.00
Director
$0 $0 $0
WINFRED OWENS MEMBER 3.00
Director
$0 $0 $0
AL ROBERTS MEMBER 3.00
Director
$0 $0 $0
JAIME SAYLER MEMBER 3.00
Director
$0 $0 $0
JACQUELYN SLAYTON MEMBER 3.00
Director
$0 $0 $0
HOPE F CUPIT PRESIDENT & CEO 44.25
Officer
$155,375 $25,603 $180,978
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,911,088 $9,814,232 $10,509,129 $96,856
2023 $8,974,272 $9,285,445 $9,898,860 $-311,173
2022 $8,197,130 $7,845,383 $10,313,508 $351,747
2021 $6,797,376 $6,262,153 $8,928,556 $535,223
2020 $6,228,189 $6,113,282 $8,327,513 $114,907
2019 $6,322,258 $6,097,962 $8,294,820 $224,296
2018 $5,203,203 $4,924,170 $7,969,367 $279,033
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC with other nonprofits in Virginia and across the country.