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Se Raleigh Promise Inc

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

EIN: 820614057 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Se Raleigh Promise Inc?

Se Raleigh Promise Inc is a local nonprofit organization based in Raleigh, North Carolina, with a mission to offer equitable opportunities for growth, thriving, and prosperity to Southeast Raleigh residents. In 2022, their activities included advancing the development of 27 affordable rental units on city-owned parcels and leveraging partnerships to preserve wealth through homeownership. They also supported an after-school STEM enrichment program for local students and facilitated service coordination to connect families to resources. Furthermore, Se Raleigh Promise partnered with the YMCA to promote community health events and racial and cultural awareness. Additionally, they created job opportunities for students and engaged deeply with the community, leading critical conversations and fostering greater investment in Southeast Raleigh. The nonprofit is also a community quarterback for Raleigh/Wake County's first purpose-built communities model, which focuses on four key pillars: economic vitality, mixed-income housing, cradle-to-career education, and health and community wellness. With 31 employees, Se Raleigh Promise Inc is dedicated to improving the lives of Southeast Raleigh residents by providing them with equitable opportunities for growth and prosperity.


Official website here: www.serpromise.org

Is Se Raleigh Promise Inc legitimate?

Se Raleigh Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Se Raleigh Promise 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: $156,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,105

For more financial information, click here


Official website here: www.serpromise.org

What is the mission statement of Se Raleigh Promise Inc?

Se Raleigh Promise Inc, a local nonprofit organization, works in collaboration with neighbors, strategic partners, and funders to provide equitable opportunities for growth, thriving, and prosperity to residents in underserved areas. Their mission is to serve as a community quarterback, leading the first purpose-built communities model in Raleigh/Wake County, a national initiative focused on four key pillars: economic vitality, mixed-income housing, cradle-to-career education, and health and community wellness. By addressing these areas, Se Raleigh Promise Inc aims to reduce disparities and improve the quality of life for its community members.


Official website here: www.serpromise.org

Who is the CEO of Se Raleigh Promise Inc?

Yvette Holmes is the Ceo of Se Raleigh Promise Inc. The CEO's salary of Se Raleigh Promise Inc is $156,000 and their total compensation is $168,020.


Official website here: www.serpromise.org

What is the revenue of Se Raleigh Promise Inc?

Se Raleigh Promise Inc's revenue in 2022 was $897,754.


Official website here: www.serpromise.org

Who are the executives of Se Raleigh Promise Inc and what are their salaries?

The average compensation at Se Raleigh Promise Inc during 2022 was $14,713. There are 31 employees and 14 volunteers at Se Raleigh Promise Inc.

Here are 12 key members and their salaries (Se Raleigh Promise Inc's CEO's salary is $156,000 and their total compensation is $168,020):

    Yvette Holmes (Ceo)
  • Compensation: $156,000
  • Related: $0
  • Other: $12,020

    • Asa Fleming (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mia Bailey (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Mills (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crawford Crenshaw (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Spaulding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Crowder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catty Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Bradshaw Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Covington Chavez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Malone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Young Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.serpromise.org

    Where can I find the form 990 for Se Raleigh Promise Inc?

    The Se Raleigh Promise Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.serpromise.org

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

    Mission Statement of Se Raleigh Promise Inc

    Se Raleigh Promise Inc, a local nonprofit organization, works in collaboration with neighbors, strategic partners, and funders to ensure that residents of Southeast Raleigh have equitable opportunities to grow, thrive, and prosper. The mission of Se Raleigh Promise Inc is to serve as a community quarterback, leading Raleigh/Wake County's first purpose-built communities model. This initiative is focused on four key pillars: economic vitality, mixed-income housing, cradle-to-career education, and health and community wellness.

    By spearheading this model, Se Raleigh Promise Inc aims to improve the lives of its community members in various aspects. The economic vitality pillar seeks to enhance job opportunities, stimulate local businesses, and foster a vibrant economic environment. The mixed-income housing pillar strives to provide affordable and high-quality housing options, ensuring a diverse and inclusive community. The cradle-to-career education pillar focuses on providing quality education from early childhood through higher education, preparing individuals for successful careers and lifelong learning. Lastly, the health and community wellness pillar aims to promote physical and mental wellness, offering resources and programs that support overall well-being.

    In essence, Se Raleigh Promise Inc is dedicated to creating a thriving community by addressing its residents' socio-economic needs and fostering opportunities for growth and prosperity. Through its purpose-built communities model, the organization seeks to improve the overall quality of life for Southeast Raleigh residents, ensuring they have the resources and support necessary to succeed.

    Impact

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




    Saturday, July 20, 2024

    SE Raleigh Promise Inc works alongside neighbors, key partners, and funders to ensure that Southeast Raleigh residents have access to equitable opportunities to grow, thrive, and prosper. In 2022, their activities included advancing the development of 27 affordable rental units on 10 city-owned parcels located in Southeast Raleigh, as well as leveraging resources and partnerships to preserve wealth through homeownership of legacy residents within the Promise Zone.

    Furthermore, SE Raleigh Promise provided ongoing leadership and support for the Beacon Site, a purpose-built community collaboration that includes the SER YMCA, SER Elementary School, Beacon Ridge Apartments, and Beacon Point. They partnered to support Club ROAR, an after-school STEAM enrichment program for over 80 Southeast Raleigh elementary students, and provided service coordination to connect 120 Beacon Ridge households to services, resources, programs, and opportunities focused on improving outcomes across economic vitality, mixed-income housing, cradle to career education, and health and community wellness.

    Additionally, SE Raleigh Promise created employment opportunities for high school and college students, opportunities for historically underutilized businesses, and engaged deeply with the community by leading critical conversations and leveraging partnerships to spur greater investment in Southeast Raleigh. Their impactful work is evident in the tangible improvements and support they have provided to the residents of Southeast Raleigh.





    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: $-963
  • Program Service Revenue: $8,500
  • Gross Receipts: $898,717

    • Assets and Liabilities:
  • Total Assets: $778,091
  • Total Liabilities: $127,559
  • Net Assets: $650,532
  • Programs

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

    AGENCY SERVICE FEES

    Revenue

    $6,000

    SCHOOL PROGRAM FEES

    Revenue

    $2,500

    Organization Details

    Founding Year

    2016

    Principal Officer

    Yvette Holmes

    Main Address

    900 S WILMINGTON STREET, RALEIGH, NC, 27601

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Se Raleigh Promise 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.