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Serenity Pointe Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262381813 ✦ Dunlap, TN ✦ Designated as a 501(c)(3)

Overview

What is Serenity Pointe Inc?

Serenity Pointe Inc is a nonprofit organization situated in Dunlap, Tennessee. Their primary mission is to offer aid and support for recovery in rural Tennessee, adhering to a "hand up, not hand out" approach. They accomplish this through a thrift store, where they sell donated merchandise, generating income and funding for additional outreach initiatives. Moreover, real estate investments contribute to their revenue and enable them to construct a building for other nonprofit activities. The organization has a team of 45 dedicated individuals working towards their mission.


Official website here: www.serenitypointe.org

Is Serenity Pointe Inc legitimate?

Serenity Pointe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serenity Pointe Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,136

For more financial information, click here


Official website here: www.serenitypointe.org

What is the mission statement of Serenity Pointe Inc?

Serenity Pointe Inc's mission is centered around providing aid and facilitating recovery in rural Tennessee, adopting a philosophy of offering a hand up rather than a handout. Through their outreach initiatives, they aim to offer viable recovery options to individuals in need. The organization supports this mission through various means, such as operating a thrift store, which sources merchandise from generous community donations. Additionally, Serenity Pointe Inc generates income and funds the construction of an outreach building for other nonprofit activities through real estate investment transactions.


Official website here: www.serenitypointe.org

Who is the CEO of Serenity Pointe Inc?

Debbie V Morrison is the Member of Serenity Pointe Inc.


Official website here: www.serenitypointe.org

What is the revenue of Serenity Pointe Inc?

Serenity Pointe Inc's revenue in 2022 was $2,360,033.


Official website here: www.serenitypointe.org

Who are the executives of Serenity Pointe Inc and what are their salaries?

The average compensation at Serenity Pointe Inc during 2022 was $2,647. There are 45 employees and 10 volunteers at Serenity Pointe Inc.

Here are 8 key members and their salaries:

    Marissa Rule (Member) [Trustee/Director]
  • Compensation: $11,207
  • Related: $0
  • Other: $0

    • Matthew Burdette (Vice President) [Trustee/Director]
  • Compensation: $1,446
  • Related: $0
  • Other: $0

    • Debbie V Morrison (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Gerald Morrison (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Weedman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Lange (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Lange (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnathan Morrison (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.serenitypointe.org

    Where can I find the form 990 for Serenity Pointe Inc?

    The Serenity Pointe Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.serenitypointe.org

    Learn more at the official website: www.serenitypointe.org

    Mission Statement of Serenity Pointe Inc

    Serenity Pointe Inc, a nonprofit organization, is committed to providing outreach and life recovery options in rural Tennessee. Their approach is unique and compassionate, often referred to as a "hand up, not a handout." This philosophy signifies their dedication to helping individuals regain their independence and self-sufficiency, rather than relying on continuous aid.

    To achieve this mission, Serenity Pointe Inc operates a thrift store. This store is a vital component of their operations, with merchandise supplied generously by the local community. This not only contributes to the organization's income but also serves as a means to recycle and reuse items, thereby reducing waste. Furthermore, Serenity Pointe Inc invests in real estate transactions. These transactions not only provide additional income for the organization but also pave the way for building an outreach building that can accommodate other nonprofit activities.

    In summary, Serenity Pointe Inc stands as a beacon of hope in rural Tennessee, offering a holistic approach to recovery. Their mission is characterized by their "hand up, not handout" philosophy, which emphasizes self-sufficiency and independence. Through their thrift store and real estate investments, they provide both financial support and opportunities for growth, aiming to empower individuals and foster a sense of community.

    Impact

    This information is meant to be a general summary of Serenity Pointe Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Serenity Pointe Inc's impact can be seen in its dedication to providing outreach and life recovery options in rural Tennessee through a "hand up, not hand out" approach. The organization operates a thrift store, which is supplied with merchandise through the generous donations of the community. Additionally, Serenity Pointe Inc engages in real estate investment transactions to generate income and to build an outreach building for other activities.

    Through these initiatives, Serenity Pointe Inc is making a tangible difference in the lives of individuals in rural Tennessee by offering support, resources, and opportunities for personal and economic growth. Their focus on providing a helping hand rather than simply giving handouts underscores the organization's commitment to empowerment and sustainable impact in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,145
  • Program Service Revenue: $2,281,899
  • Gross Receipts: $2,360,033

    • Assets and Liabilities:
  • Total Assets: $3,402,423
  • Total Liabilities: $851,682
  • Net Assets: $2,550,741
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOUSING SERVICES

    Revenue

    $3,775

    REAL ESTATE

    Revenue

    $1,470,053

    THRIFT STORE OPERATIONS

    Revenue

    $808,071

    Organization Details

    Principal Officer

    Debbie V Morrison

    Main Address

    PO BOX 1929, DUNLAP, TN, 37327

    NTEE Category

    Code: L40 - Housing

    If you are a representative of Serenity Pointe Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.