SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC

ROANOKE, VA | Roanoke City
Revitalization/Stabilization

Overview

SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC
54-1055050
347 CAMPBELL AVE SW
ROANOKE, VA 24016
Roanoke City

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
W80

W - Public, Society Benefit

Public Utilities

Organizations that provide gas, electricity, water and sanitary services including the hook-up of services and the installation, maintenance and repair of necessary equipment. \[Many are located in section 501(c)(12).\]

IRS Activity Codes info
179
Other health services
429
Other inner city or community benefit activities
-
Not reported
Standard Business Classification (NAICS Code) info
221000
Utilities

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2000
$28,000
CDFI Technical Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Fair Housing Pre-Purchase Education
  • Financial Management/Budget Counseling
  • Financial, Budgeting and Credit Workshops
  • Home Improvement and Rehab
  • Mortgage Delinquency and Default
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Predatory Lending Education Workshops
  • Preventing/Resolving Mortgage Delinquency
  • Rental Housing Counseling
  • Rental Housing Workshops
  • Services for Homeless
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.2M
Revenue
$6.2M
Assets
$8.3M
Exempt Ruling Date info
1977-10
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
VA
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
347 CAMPBELL AVE SW
ROANOKE, VA 24016
Roanoke City
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
40220
MSA/MD info
51
State info
770
County info
0011.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
40220 - Roanoke, VA
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 29.95%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0011.00 Roanoke City
Population
Total Population 2,067 99,122
Total Households 923 41,694
Income
Median Family Income (Census*) $128,523 $45,664
Median Family Income (2022 FFIEC est.) $86,200 N/A
Tract Income Percentage 174.71% N/A
Below Poverty Level 14.0% 20.1%
Unemployment Level 4.1% 6.7%
Housing
Total Housing Units 1,128 46,991
Total Owner-Occupied Units 6.6% 52.3%
Total Renter-Occupied Units 75.2% 47.7%
Total Vacant Units 18.2% 11.5%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

18
Total Voting Members
in Governing Body
info
18
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Hope Cupit
President & CEO
(540) 345-1184
Principal Officer info
Hope Cupit
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.