philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ser Community Development Corporation

Tax-deductible

Houston, TX501(c)(3)Since 2016HousingEIN 76-0366183Revenue $172K in FY2025

On file with the IRSserjobs.org1710 Telephone Rd, 77023-3715 · Houston, TXTax-exempt since Dec 2016Supporting org, Type I — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Ser CDC is organized and at all times shall be operated exclusively for the benefit of, to perform the functions of, and/or to carry out the purposes of Ser-jobs for progress of the texas gulf coast, INC.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $585K a year · 77% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
161 mo
of spending, in cash
Looks good: 161.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$172K
-40% vs prior year
Spent
$115K
To programs
100%
Net assets
$4.3M
By yearFY2020–FY2025
Revenue
$172K
FY2025▼ -40%
Tap a bar for its year
Revenue by fiscal year
FY2020$348K
FY2021$442K
FY2022$3.2M
FY2023$138K
FY2024$286K
FY2025$172K
Expenses
$115K
FY2025▼ -64%
Tap a bar for its year
Expenses by fiscal year
FY2020$204K
FY2021$165K
FY2022$161K
FY2023$65K
FY2024$320K
FY2025$115K
Net assets
$4.3M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$884K
FY2021$1.2M
FY2022$4.2M
FY2023$4.3M
FY2024$4.2M
FY2025$4.3M

From the FY2025 Form 990 (year ending August 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $115K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Saied Alavi
Director
$0Pt VII · Sec A
Read Boles
Director
$0Pt VII · Sec A
See Ser Community Development Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing and economic help, plus facility space for other service providers.

Questions for Ser Community Development Corporation

Tap to ask. Ser Community Development Corporation sees how many people are interested.

Your first name shows with your question. Ser Community Development Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $115K · in their own filed words · FY2024
01

To support the mission of ser jobs through the creation of income from investments, including in entrepreneurial ventures.

$115Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$172K
Ln 12
Investment incomeLn 3$172K
Money outPt IX
$115K
Ln 25
Programscol B$115K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$4.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$172K
Gains on assetsLn 7−$65K
Total revenueLn 12$172K
Assets in detailPt X, end of year
CashLn 1$347K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$507K
Other assetsLn 15$2.2M
Total assetsLn 16$4.3M
LiabilitiesLn 26$0
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.8M$1.5M
InvestmentsLn 11–13$794K$507K
Total assetsLn 16$4.2M$4.3M
LiabilitiesLn 26$654$0
Net assetsLn 32$4.2M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$164$164
Accounting feesLn 11c$2K$2K
Payments to affiliatesLn 21$112K$112K
Other expenses (24a–d)Ln 24$212$212
Total functional expensesLn 25$115K$115K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $172K$115K$57K$4.3M 990 PDF
FY2024 $286K$320K−$34K$4.2M 990 PDF
FY2023 $138K$65K$73K$4.3M 990 PDF
FY2022 $3.2M$161K$3.0M$4.2M 990 PDF
FY2021 $442K$165K$276K$1.2M 990 PDF
FY2020 $348K$204K$144K$884K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $171,649 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $285,957$171,649
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $285,957$171,649
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $40,087$115,049
I-18 Total expensesPrior year $40,087$115,049
I-19 Revenue less expensesPrior year $245,870$56,600
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $171,649 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $236,590$236,590
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$64,941−$64,941
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $171,649$171,649
Part IX · Statement of functional expenses $115,049 across 4 lines filed
IX-11b Legal feesPrograms $164$164
IX-11c Accounting feesPrograms $2,230$2,230
IX-21 Payments to affiliatesPrograms $112,443$112,443
IX-24 Other expenses (24a–d)Programs $212$212
IX-25 Total functional expensesPrograms $115,049 · Management $0 · Fundraising $0$115,049
Part X · Balance sheet $4,282,084 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $87,745$346,826
X-2 Savings and temporary cash investmentsStart of year $1,706,686$1,200,278
X-4 Accounts receivableStart of year $22,371$44,604
X-11 Publicly traded securitiesStart of year $794,234$506,822
X-15 Other assetsStart of year $1,617,248$2,183,554
X-16 Total assetsStart of year $4,228,284$4,282,084
X-17 Accounts payable and accrued expensesStart of year $654$0
X-26 Total liabilitiesStart of year $654$0
X-27 Net assets without donor restrictionsStart of year $4,227,630$4,282,084
X-32 Total net assets or fund balancesStart of year $4,227,630$4,282,084
X-33 Total liabilities and net assetsStart of year $4,228,284$4,282,084
Part XI · Reconciliation of net assets $4,282,084 net assets at year end
XI-1 Total revenue$171,649
XI-2 Total expenses$115,049
XI-3 Revenue less expenses$56,600
XI-4 Net assets at start of year$4,227,630
XI-5 Net unrealized gains (losses) on investments−$2,146
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,282,084

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.