North Carolina · Nonprofit
SER DEVELOPMENT I INC
SER DEVELOPMENT I INC (North Carolina) receives grants from 1 organization whose IRS filings report $2,278,888 to it, the largest being THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC (4598) ($2,278,888). 1 of them have funded it in more than one year.
- Revenue FY2025
- $6.9M
- Funders on record
- 1
- Grants received
- $2.3M
- Net assets
- $0
What Ser Development I Inc does
Mission
Ser development I, inc. Was organized for the exclusive purpose of holding a title to a parcel of real property located at 1436 rock quarry road, raleigh, nc 27610, collecting income therefrom, and turning over the entire amount thereof, less expenses, to the young men's christian association of the triangle area, inc. The organization developed, constructed, and equipped and leased the development project for use as a ymca facility, which includes a wellness center, parking lot, gymnasium, outdoor swimming pool, exercise studios, and other athletic and recreational amenities.
As stated on its FY2025 Form 990.
Program
On its FY2024 return the organization reported a significant change in how it conducts a program.
The organization dissolved 11/14/2025. Remaining activity during the year was the final disposal and transfer of assets to the related organization. The dissolution date is outside of the organization's year end, however this return is filed as final because all of the assets have been distributed in accordance with the articles of incorporation.
Its own explanation, from Schedule O of that return (Part III, line 3).
The organization developed, constructed, and equipped and leased the development project for use as a ymca facility, which includes a wellness center, parking lot, gymnasium, outdoor swimming pool, exercise studios, and other athletic and recreational amenities.
$630,609 spentof which $630,609 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $630,609.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $19M to $0 (−100%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Lisa Martin
Chair & president
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2019: the base held at 1 funder, grant income fell $2.3M → $5k.
From the IRS filings of SER DEVELOPMENT I INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of SER DEVELOPMENT I INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like SER DEVELOPMENT I INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
47% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Young Men's Christian Association of the Triangle Area Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for SER DEVELOPMENT I INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SER DEVELOPMENT I INC?
- SER DEVELOPMENT I INC (North Carolina) receives grants from 1 organization whose IRS filings report $2,278,888 to it, the largest being THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC (4598) ($2,278,888). 1 of them have funded it in more than one year.
- How many funders does SER DEVELOPMENT I INC have?
- IRS filings report 1 organization giving $2,278,888 in grants to SER DEVELOPMENT I INC, 1 of which have funded it in more than one year.
- Who is the largest funder of SER DEVELOPMENT I INC?
- THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC (4598) is the largest funder on record, with $2,278,888 in grants. The full list of funders is on this page.
- How can an organization like SER DEVELOPMENT I INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing