Southeast Rural Community Assistance Project Inc

“The draft of form 990 is provided to the audit committee for review prior to filing with it the internal revenue service.”

“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.”

“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.”

“Sercap's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Engineering & management: program service expenses 1,022,058. Management and general expenses 132,027. Fundraising expenses 0. Total expenses 1,154,085. Consulting services: program service expenses 691,772. Management and general expenses 95,109. Fundraising expenses 0. Total expenses 786,881. Field assistants & consultants: program service expenses 287,101. Management and general expenses 37,087. Fundraising expenses 0. Total expenses 324,188. Indirect field assist: program service expenses 217,892. Management and general expenses 28,147. Fundraising expenses 0. Total expenses 246,039. Staff training: program service expenses 38,017. Management and general expenses 16,660. Fundraising expenses 0. Total expenses 54,677. Program outreach: program service expenses 25,155. Management and general expenses 11,023. Fundraising expenses 0. Total expenses 36,178. Employee services: program service expenses 4,080. Management and general expenses 527. Fundraising expenses 0. Total expenses 4,607.”

“The process has not changed from the prior year.”