EIN 82-0614057

Se Raleigh Promise

IRS 501(c) type
501(c)(3)
Num. employees
31
Year formed
2016
Most recent tax filings
2022-12-01
Description
The objects and purposes for which serp is formed are set forth in its articles of incorporation, including, but not limited to activities and programs intended to disrupt the cycle of intergenerational poverty in the rock quarry road corridor, Raleig...
Total revenues
$897,754
2022
Total expenses
$828,654
2022
Total assets
$778,091
2022
Num. employees
31
2022

Program areas at Se Raleigh Promise

In 2022, southeast Raleigh Promise activities included advancing the development of 27 affordable rental units on 10 city-owned parcels located in southeast Raleigh and leveraging resources and partnerships to preserve wealth through homeownership of legacy residents within the Promise zone. Se Raleigh Promise also provided ongoing leadership and support of its first purpose built communities collaboration: the beacon site, is a 32- acre campus home to the ser ymca, ser elementary school, beacon ridge apartments, and beacon point, currently under construction. Activities included partnering to support club roar an after-school steam enrichment program offered to 80+ southeast Raleigh elementary students; provided service coordination to connect 120 beacon ridge households to services, resources, programs and opportunities focused on improving outcomes across the four pillars; partnered with the ser ymca to support and promote community-wide health events, racial and cultural awareness, and social and emotional well-being and learning; supporting the successful lease-up beacon point, the final phase of development at the beacon site. Ser Raleigh Promise also created employment opportunities for high school and college students; created opportunities for historically underutilized business, engaged deeply with the community, led critical conversations, and leveraged partnerships to spur greater investment in southeast Raleigh.

Who funds Se Raleigh Promise

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Community Foundation (NCCF)Public & Societal Benefit$219,000
Tom Russell Charitable FoundationGeneral & Unrestricted$35,000
Players CoalitionEconomic Advancement$30,000
...and 7 more grants received

Personnel at Se Raleigh Promise

NameTitleCompensation
Yvette HolmesChief Executive Officer$156,000
Wanda LassiterDirector of Finance and Operations
Charles McCallDirector of Community Partnerships and Engagement
Renada JacksonOffice Manager
Asa FlemingBoard Chair / Vice Chairman / Director$0
...and 5 more key personnel

Financials for Se Raleigh Promise

RevenuesFYE 12/2022
Total grants, contributions, etc.$890,217
Program services$8,500
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-963
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$897,754

Form 990s for Se Raleigh Promise

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
2018-122019-10-29990EZView PDF
Data update history
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 3 new personnel
December 26, 2023
Received grants
Identified 7 new grant, including a grant for $175,000 from North Carolina Community Foundation (NCCF)
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Civic / social organizationsHuman service organizationsCharities
Issues
Human services
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
900 S Wilmington St
Raleigh, NC 27601
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
serpromise.org/ 
Phone
(919) 996-5697
IRS details
EIN
82-0614057
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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