2026-08-04T08:20:01-05:00 2025-09-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2024-10-01 541055050 SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC SOUT 5403451184 347 CAMPBELL AVENUE SW ROANOKE VA 24016 HOPE F CUPIT PRESIDENT & CEO 5403451184 2026-08-03 1 1 JENNIFER S HAN P00633304 2022937000 2026-08-03 2024 2025-03-06 01:10:19Z HOPE F CUPIT 347 CAMPBELL AVENUE SW ROANOKE VA 24016 11824595 0 X WWW.SERCAP.ORG X 1969 VA SERCAP WILL BE THE AGENCY OF CHANGE, RESULTING IN HEALTHY, SUSTAINABLE, AND THRIVING COMMUNITIES. 19 19 75 0 0 0 8915242 9748568 738333 572289 137677 149896 119836 201299 9911088 10672052 387969 668034 0 0 5073649 5241705 0 0 0 4352614 3965126 9814232 9874865 96856 797187 10509129 12122276 7801027 7981614 2708102 4140662 X SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT, INC. (SERCAP) WAS ORGANIZED FOR THE PURPOSE OF PROMOTING AND ASSISTING THE DEVELOPMENT OF WATER AND WASTEWATER FACILITIES IN MARYLAND, DELAWARE, VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, GEORGIA, AND FLORIDA. THE PRIMARY CONCERN IS FOR LOW-INCOME PERSONS WHO LACK THE FINANCIAL RESOURCES TO OBTAIN ADEQUATE WATER AND WASTEWATER FACILITIES. SINCE 1969, SERCAP HAS ALSO ASSISTED IN THE DEVELOPMENT OF FACILITIES IN LOW-INCOME RURAL AREAS BY: ORGANIZING PEOPLE, HELPING APPLY FOR FINANCING, COORDINATING SYSTEM DESIGN OF INDIVIDUAL WELL SITES, AND PROVIDING INFORMATION RELATED TO THE CONSTRUCTION, OPERATIONS, AND MAINTENANCE OF WATER AND WASTEWATER FACILITIES. 0 0 3002605 178555 TRAINING AND TECHNICAL ASSISTANCE: THE EPA NPA 1 GRANT PROGRAM ALLOWS SERCAP TO PROVIDE TRAINING AND TECHNICAL ASSISTANCE (TA) FOR SMALL, RURAL COMMUNITY WATER SYSTEMS. EPA NPA 1 SPECIFICALLY FOCUSES ON PROVIDING CLEAN, SAFE DRINKING WATER TO THESE SMALL, RURAL COMMUNITIES. THE TRAINING AND TA PROVIDED UNDER THIS GRANT PROGRAM FREQUENTLY SUPPORTS COMPLIANCE, AND HELPS SMALL WATER SYSTEMS TO GAIN AND/OR MAINTAIN COMPLIANCE WITH LOCAL, STATE, AND FEDERAL WATER REGULATIONS. HOWEVER, THESE FUNDS DO NOT COVER ANY FINES/FEES ASSOCIATED WITH SYSTEMS BEING OUT OF COMPLIANCE. APPROXIMATELY 410 PROJECTS AND 50 TRAININGS COMPLETED. 2168707 32620 ENVIRONMENTAL: THE ENVIRONMENTAL FINANCE CENTER PROVIDES TRAINING AND APPLICATION ASSISTANCE TO LOW-INCOME COMMUNITIES TO HELP THEM GAIN ACCESS TO GRANTS AND LOANS FOR CRITICAL WATER, WASTEWATER, AND OTHER ENVIRONMENTAL PROJECTS. FURTHERMORE, THE EFC'S ASSISTANCE WILL CENTER ON HELPING COMMUNITIES ACCESS SRF (STATE REVOLVED FUNDS) AND OTHER STATE AND FEDERAL GRANTS AND LOANS. 1958144 572488 34337 COMMUNITY DEVELOPMENT: THE RURAL COMMUNITY DEVELOPMENT (RCD) GRANT FROM HHS: OCS, ALSO PROVIDES TRAINING AND TECHNICAL ASSISTANCE (TA) TO SMALL, RURAL WATER AND WASTEWATER SYSTEMS. THIS GRANT FUNDING ALLOWS SERCAP TO IMPACT FOUR KEY ISSUES FACING LMI RURAL AREAS IN THE SOUTHEAST US, INCLUDING: CLEAN DRINKING WATER, ENVIRONMENTALLY SOUND WASTEWATER SOLUTIONS, CRITICAL INFRASTRUCTURE, AND COMMUNITY DEVELOPMENT. SERCAP'S TECHNICAL ASSISTANCE PROVIDERS (TAPS) SUPPORT THESE COMMUNITIES BY PROVIDING TRAINING TO COMMUNITY BOARDS, TRAINING TO W/WW OPERATORS, AND NECESSARY TA, INCLUDING: W/WW NEEDS ASSESSMENTS, PLANNING & OPERATIONS, ECONOMIC DEVELOPMENT, AND MORE. APPROXIMATELY 70 PROJECTS AND 15 TRAININGS COMPLETED. 1236750 71842 174548 HOUSING 717802 23704 152229 LOAN FUND 1954552 95546 326777 9084008 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 66 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL GA MD NC SC VA X HOPE F CUPIT 5403451184 347 CAMPBELL AVENUE SW ROANOKE VA 24016 KEITH ASHBY MEMBER (THRU JUNE 2025); CHAIRMAN 3.00 X X 0 0 0 WALTER FLEMING CHAIRMAN (THRU MAY 2025); MEMBER 3.00 X X 0 0 0 KAJAL KAPUR MEMBER (THRU JUNE 2025); VICE CHAIR 3.00 X X 0 0 0 SHAWN UTT VICE CHAIR (THRU JUNE 2025) 3.00 X X 0 0 0 JACQUELYN SLAYTON MEMBER (THRU JUNE 2025); SECRETARY 3.00 X X 0 0 0 MARIE WATSON SECRETARY (THRU APRIL 2025) 3.00 X X 0 0 0 GEORGE FITZ-HUGH JR TREASURER (THRU JUNE 2025); MEMBER 3.00 X X 0 0 0 FREDDIE MITCHELL MEMBER (THRU JUNE 2025); TREASURER 3.00 X X 0 0 0 BERTHA ARMSTRONG MEMBER 3.00 X 0 0 0 ANGELA BATES MEMBER 3.00 X 0 0 0 KEVIN BELCHER MEMBER 3.00 X 0 0 0 BENNETTE BURKS MEMBER (AS OF JUNE 2025) 3.00 X 0 0 0 GEORGE FITZ-HUGH JR MEMBER 3.00 X 0 0 0 SWYNICE HAWKINS MEMBER 3.00 X 0 0 0 WILLIAM HOLT MEMBER 3.00 X 0 0 0 TERRY LEWIS MEMBER (THRU JANUARY 2025) 3.00 X 0 0 0 CARMELA ORR MEMBER 3.00 X 0 0 0 WINFRED OWENS MEMBER 3.00 X 0 0 0 MYRA RILEY-TAYLOR MEMBER (AS OF JUNE 2025) 3.00 X 0 0 0 ALFRED ROBERTS MEMBER 3.00 X 0 0 0 JAIME SAYLER MEMBER 3.00 X 0 0 0 REGINALD SPEIGHT MEMBER (AS OF JUNE 2025) 3.00 X 0 0 0 HOPE F CUPIT PRESIDENT & CEO 44.25 X 165419 0 29597 165419 0 29597 1 0 1 0 COMMUNITIES UNLIMITED INC 3 EAST COLT SQUARE DRIVE FAYETVILLE AR 72703 GRANT CONTRACTOR 269228 GEORGIA RURAL COMMUNITY ASSISTANCE PROGR 1152 WARD CREEK DRIVE MARIETTA GA 30064 GRANT CONTRACTOR 258360 WATER FINANCE EXCHANGE INC 1455 PENNSYLVANIA AVE NW WASHINGTON DC 20004 GRANT CONTRACTOR 219407 CORNELIOUS W WALTON 1356 LOCKETT ROAD RICE VA 23966 GRANT CONTRACTOR 203350 ENVIRONMENTAL POLICY INNOVATION CENTER 7761 DIAMONDBACK DR COLLEGE PARK MD 20742 GRANT CONTRACTOR 159518 7 9554917 193651 9748568 COLL. ON FORG. LOANS 900099 302896 302896 FEES FOR SERVICES 900099 269393 269393 572289 156529 156529 14127 0 14127 14127 14127 1145910 1152543 -6633 -6633 -6633 OTHER INCOME 900099 187172 187172 187172 10672052 572289 0 351195 X 668034 668034 194166 45307 148859 3745061 3737601 7460 267232 267232 746841 734847 11994 288405 279349 9056 34275 34275 72873 72873 74944 74944 2273849 1965282 308567 311525 218052 93473 129198 111041 18157 241545 227664 13881 513555 470441 43114 89776 73210 16566 54538 27656 26882 87886 72163 15723 7259 6340 919 SUBS/PUBS/MEMBERS 96685 66394 30291 ADJ. FOR CREDIT ALLOW. 37629 22727 14902 CREDIT IMPROVEMENT 16912 10927 5985 PERMITS & FEES 6609 4270 2339 -83932 527 -84459 9874865 9084008 790857 0 1315994 2093192 3086954 3304688 1549057 1482680 1408748 1629890 53630 105839 2460845 895292 1638286 1565553 1400456 1479757 317817 56004 142860 10509129 12122276 1200025 993293 5542647 5364725 1003746 1100799 381324 54609 141473 7801027 7981614 X 2708102 4140662 2708102 4140662 10509129 12122276 797187 21806 613567 0 X X 0 1 X 1 1 1 X 6447952 4198353 8681699 9264542 9748568 38341114 6447952 4198353 8681699 9264542 9748568 38341114 38341114 65089 75177 79504 145621 170656 536047 28166 119836 187172 335174 39212335 2664731 0.97780 0.98390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 28,166. 2023 AMOUNT: $ 119,836. 2024 AMOUNT: $ 187,172. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74944 0 74944 9799921 9874865 643743 160936 0 0 542269 614272 640712 643743 2440996 3661494 67501 62211 73564 74944 278220 135567 153568 160178 160936 610249 915374 67501 62211 73564 74944 278220 99200 99200 2020765 717662 1303103 162705 109544 53161 178175 68086 110089 1565553 LEASE LIABILITY - OPERATING LEASE 141473 141473 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED SEPTEMBER 30, 2025, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION ON THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAXEXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. 1 TOWN OF WHITE STONE 433 RAPPAHANNOCK DRIVE WHITE STONE VA 22578 520959470 125250 0 FACILITIES DEVELOPMENT FALWELL CORPORATION 1900 MARTIN STREET LYNCHBURG VA 24501 540480035 69715 0 FACILITIES DEVELOPMENT TOWN OF GRETNA PO BOX 602 GRETNA VA 24557 546002274 50000 0 FACILITIES DEVELOPMENT TOWN OF WYTHEVILLE PO BOX 533 WYTHEVILLE VA 24382 546001694 47820 0 FACILITIES DEVELOPMENT COUNTY OF ACCOMACK PO BOX 388 ACCOMACK VA 23301 546001099 44100 0 FACILITIES DEVELOPMENT TOWN OF FRIES PO BOX 5452 FRIES VA 24330 546001297 40275 0 FACILITIES DEVELOPMENT TOWN OF GLEN LYN PO BOX 88 GLEN LYN VA 24093 34562 0 FACILITIES DEVELOPMENT GILES COUNTY PSA 315 NORTH MAIN STREET PEARISBURG VA 24134 541655367 27500 0 FACILITIES DEVELOPMENT L & M CONSTRUCTION RT 2 BOX 182 ROSE HILL VA 24281 800344742 24500 0 FACILITIES DEVELOPMENT OAK HILL ACADEMY 2635 OAK HILL ROAD MOUTH OF WILSON VA 24363 540563004 24382 0 FACILITIES DEVELOPMENT MILLER & MILLER CONSTRUCTION INC 4455 GATE CITY HIGHWAY BRISTOL VA 24202 541764376 21560 0 FACILITIES DEVELOPMENT MONTGOMERY COUNTY SCHOOL BOARD 750 IMPERIAL STREET SE CHRISTIANSBURG VA 24073 546001433 19363 0 FACILITIES DEVELOPMENT TOWN OF KENBRIDGE 511 E FIFTH AVENUE KENBRIDGE VA 23944 16357 0 FACILITIES DEVELOPMENT TAZEWELL COUNTY PSA PO BOX 190 TAZEWELL VA 24630 540917672 14601 0 FACILITIES DEVELOPMENT RAPPAHANNOCK EDUCATION FARM 404 RIVERSIDE DRIVE FREDERICKSBURG VA 22401 923364872 7500 0 FACILITIES DEVELOPMENT TOWN OF BROOKNEAL 215 MAIN STREET BROOKNEAL VA 24528 546001164 7000 0 FACILITIES DEVELOPMENT 10 6 PART I, LINE 2: WHEN SERCAP UTILIZES FEDERAL FUNDS TO MAKE SUB-AWARDS TO SUB RECIPIENTS, SERCAP IS SUBJECT TO A REQUIREMENT TO MONITOR EACH SUB RECIPIENT IN ORDER TO PROVIDE REASONABLE ASSURANCE THAT SUB RECIPIENTS ARE COMPLYING, IN ALL MATERIAL RESPECTS, WITH LAWS, REGULATIONS, AND AWARD PROVISIONS APPLICABLE TO THE PROGRAM. THE LEVEL OF MONITORING REQUIRED IS BASED ON RESULTS OF THE RISK ASSESSMENT PERFORMED AT THE OUTSET OF THE SUBAWARD. ONGOING MONITORING OF SUB RECIPIENTS BY SERCAP WILL INHERENTLY VARY FROM SUB RECIPIENT TO SUB RECIPIENT, BASED ON THE NATURE OF WORK ASSIGNED TO EACH SUB RECIPIENT. HOWEVER, ONGOING MONITORING ACTIVITIES MAY INVOLVE ANY OR ALL OF THE FOLLOWING: (A) REGULAR CONTACTS WITH SUB RECIPIENTS AND APPROPRIATE INQUIRIES REGARDING THE PROGRAM. (B)REVIEWING PROGRAMMATIC AND FINANCIAL REPORTS PREPARED AND SUBMITTED BY THE SUB RECIPIENT AND FOLLOWING UP ON AREAS OF CONCERN. (C) MONITORING SUB RECIPIENT BUDGETS. (D) PERFORMING SITE VISITS TO THE SUB RECIPIENT TO REVIEW FINANCIAL AND PROGRAMMATIC RECORDS AND ASSESS COMPLIANCE WITH APPLICABLE LAWS, REGULATIONS, AND PROVISIONS OF THE SUB AWARD. (E) OFFERING SUB RECIPIENTS TECHNICAL ASSISTANCE WHERE NEEDED. (F) MAINTAINING A SYSTEM TO TRACK AND FOLLOW UP ON DEFICIENCIES NOTED AT THE SUB RECIPIENT IN ORDER TO ASSURE THAT APPROPRIATE CORRECTIVE ACTION IS TAKEN. (G) ESTABLISHING AND MAINTAINING A TRACKING SYSTEM TO ASSURE TIMELY SUBMISSION OF ALL REPORTS REQUIRED OF THE SUB RECIPIENT. DOCUMENTATION SHALL BE MAINTAINED IN SUPPORT OF ALL EFFORTS ASSOCIATED WITH SERCAP'S ONSITE MONITORING OF SUB RECIPIENTS ON AN ANNUAL BASIS. X X 0 0 0 0 0 0 0 0 0 HOPE F CUPIT PRESIDENT & CEO 165419 0 0 0 0 0 13998 0 15599 0 195016 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING WITH IT THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C 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. FORM 990, PART VI, SECTION B, LINE 15A 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 JULY 2026. FORM 990, PART VI, SECTION C, LINE 19 SERCAP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ENGINEERING & MANAGEMENT: PROGRAM SERVICE EXPENSES 770,207. MANAGEMENT AND GENERAL EXPENSES 111,642. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 881,849. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 390,583. MANAGEMENT AND GENERAL EXPENSES 67,423. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 458,006. INDIRECT FIELD ASSIST: PROGRAM SERVICE EXPENSES 378,714. MANAGEMENT AND GENERAL EXPENSES 54,895. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 433,609. FIELD ASSISTANTS & CONSULTANTS: PROGRAM SERVICE EXPENSES 350,544. MANAGEMENT AND GENERAL EXPENSES 50,812. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 401,356. EMPLOYEE SERVICES: PROGRAM SERVICE EXPENSES 43,232. MANAGEMENT AND GENERAL EXPENSES 6,266. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,498. STAFF TRAINING: PROGRAM SERVICE EXPENSES 27,645. MANAGEMENT AND GENERAL EXPENSES 15,143. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,788. PROGRAM OUTREACH: PROGRAM SERVICE EXPENSES 4,357. MANAGEMENT AND GENERAL EXPENSES 2,386. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,743. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 347 WEST CAMPBELL LLC 145 W CAMPBELL AVENUE SW ROANOKE VA 24011 208571521 REAL ESTATE VA 1472700 SOUTHEAST RURAL COMMUNITY ASSISTANCE PR