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.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 1 | $631K | $631K | 0 | 1 |
| 2023 | 1 | $680K | $680K | 0 | 1 |
| 2022 | 1 | $677K | $677K | 0 | 1 |
| 2021 | 1 | $670K | $670K | 0 | 1 |
| 2020 | 1 | $735K | $735K | 1 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Oct 1, 2024 to Sep 30, 2025 | $6,884,760 ↑ | $1,338,241 | $0 |
| 2023 990 - Public charity return Oct 1, 2023 to Sep 30, 2024 | $881,175 | $1,759,791 | $-1,813,971 |
| 2022 990 - Public charity return Oct 1, 2022 to Sep 30, 2023 | $881,175 | $1,755,752 | $-935,355 |
| 2021 990 - Public charity return Oct 1, 2021 to Sep 30, 2022 | $881,175 ↓ | $1,882,042 | $-60,778 |
| 2020 990 - Public charity return Oct 1, 2020 to Sep 30, 2021 | $938,478 ↓ | $2,007,046 | $940,089 |
| 2019 990 - Public charity return Oct 1, 2019 to Sep 30, 2020 | $960,948 ↑ | $1,140,805 | $2,008,657 |
| 2018 990 - Public charity return Oct 1, 2018 to Sep 30, 2019 | $222,366 ↓ | $240,715 | $2,188,514 |
| 2018 990 - Public charity return Feb 16, 2018 to Sep 30, 2018 | $2,310,413 | $103,550 | $2,206,863 |
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