2025-07-15T15:07:39-05:00 2024-08-31 994625061 CRI ADVISORS LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2023-09-01 760366183 SER COMMUNITY DEVELOPMENT CORPORATION SERC 7137736000 1710 TELEPHONE ROAD HOUSTON TX 77023 LILIANA RAMBO CEO 7137736000 2025-07-15 1 1 KRISTEN SIMPSON P01268482 7136218090 2025-07-14 2023 2025-03-06 01:10:19Z LILIANA RAMBO 1710 TELEPHONE ROAD HOUSTON TX 77023 2567214 0 X HTTPS://SERJOBS.ORG/ X 2016 TX 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. 5 5 0 0 0 0 0 0 0 0 138044 285957 10 0 138054 285957 0 0 0 0 0 0 0 0 0 65325 319871 65325 319871 72729 -33914 4315373 4228284 36184 654 4279189 4227630 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. 0 0 319866 TO SUPPORT THE MISSION OF SER JOBS THROUGH THE CREATION OF INCOME FROM INVESTMENTS, INCLUDING IN ENTREPRENEURIAL VENTURES. 319866 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 7137736000 1710 TELEPHONE ROAD HOUSTON TX 77023 STEVE ROSENCRANZ CHAIRMAN 2.00 X X 0 0 0 SHEROO MUKHTIAR DIRECTOR (CEO, SER JOBS) 2.00 40.00 X X 0 234033 7031 ESTELLA GONZALEZ SECRETARY 2.00 X 0 0 0 SAIED ALAVI DIRECTOR 2.00 X 0 0 0 READ BOLES DIRECTOR 2.00 X 0 0 0 JOHN TORRES DIRECTOR (CFO, SER JOBS) 2.00 40.00 X 0 53172 0 GERALD EATON DIRECTOR (CFO, SER JOBS) 2.00 40.00 X 0 110484 12386 0 397689 19417 0 0 1 0 0 216214 216214 2351000 2281257 69743 69743 69743 285957 0 0 285957 32633 32633 2000 2000 35 35 2571 2571 2714 2714 279784 279784 BOARD EXPENSES 129 129 BANK SERVICE CHARGES 5 5 319871 319866 5 0 252819 87745 1158613 1706686 0 22371 2081911 794234 822030 1617248 4315373 4228284 36184 654 36184 654 X 4279189 4227630 4279189 4227630 4315373 4228284 -33914 -17645 0 X 0 1 X 1 0 X X X 1 SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC 741590387 7 1 118911 0 1 118911 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12 IN AUGUST 2023 SER CDC FILED AND WAS APPROVED A REQUEST FOR RECOGNITION OF A RECLASSIFICATION OF ITS PUBLIC CHARITY STATUS FROM A SECTION509(A)(2) PUBLIC CHARITY TO A TYPE I SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3)(B)(I) OF THE CODE, EFFECTIVE AS OF AUGUST 10, 2023. SER JOBS IS THE SOLE MEMBER OF SER CDC. 0 DUE FROM AFFILIATE 1617248 1617248 X 7955793 -17645 7847438 7829793 126000 159957 159957 285957 9490829 9450742 9450742 40087 279784 279784 319871 PART X, LINE 2: SER-JOBS, SER QALICB AND SER CDC ARE EXEMPT FROM FEDERAL INCOME TAX UNDER 510(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED INSECTION 501(C)(3) AND COMPARABLE STATE LAW. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. SER UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF AUGUST 31, 2024 AND 2023, SER HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SER-JOBS INCOME 7,847,438. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST INCOME FROM SER-JOBS 118,911. DIRECT DONOR BENEFITS 41,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: SER-JOBS EXPENSES 8,936,436. SER-QALICB EXPENSES 514,306. PART XII, LINE 4B - OTHER ADJUSTMENTS: AFFILIATE PAYMENT TO SER-JOBS 279,784. 0 0 0 0 0 0 0 0 0 SHEROO MUKHTIAR DIRECTOR (CEO, SER JOBS) 0 234033 0 0 0 0 0 0 0 7031 0 241064 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A SER JOBS BOARD APPOINTS A MAJORITY OF THE MEMBERS OF THE GOVERNING BODY OF SER COMMUNITY DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B CHANGE IN THE BYLAWAS REQUIRED SER JOBS APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS ARE PROVIDED A COPY OF THE FORM 990 AND HAVE AN OPPORTUNITY TO ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C QUESTIONNAIRE IS PROVIDED ANNUALLY TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC 1710 TELEPHONE RD HOUSTON TX 77023 741590387 TRAINING & SUPPORT TX 501(C)(3) LINE 7 0 SER QALICB 1710 TELEPHONE RD HOUSTON TX 77023 821289703 NEW MARKETS TAX CREDITS TX 501(C)(3) LINE 12C, III-FI 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC R 47527 ORIGINAL COST BASIS SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC R 2364 COST BASIS SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC A 118911 COST BASIS SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC D 1637255 COST BASIS