2024-07-12T08:11:56-05:00 2023-08-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2022-09-01 821289703 SER QALICB SERQ 7137736000 1710 TELEPHONE ROAD HOUSTON TX 77023 SHEROO MUKHTIAR EXECUTIVE DIRECTOR/CEO 7137736000 2024-07-12 1 SHEROO MUKHTIAR 999009999 1 KRISTEN SIMPSON P01268482 7136218090 2024-06-27 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHEROO MUKHTIAR 1710 TELEPHONE ROAD HOUSTON TX 77023 111012 0 X HTTPS://SERJOBS.ORG/ X 2017 TX SER QALICB IS A TEXAS NONPROFIT CORPORATION AND IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF SER JOBS. SER QALICB WAS FORMED ON APRIL 19, 2017 AND QUALIFIES AS AN ACTIVE LOW INCOME COMMUNITY BUSINESS FOR THE PURPOSE OF PARTICIPATING IN A NEW MARKETS TAX CREDIT ("NMTC") TRANSACTION TO COMPLETE THE FINANCING OF THE RENOVATION OF A 22,000 SQUARE FOOT OFFICE BUILDING THAT HOUSES SER JOBS FOR PROGRESS OF THE TEXAS GULF COAST, A TEXAS NONPROFIT CORPORATION, WHICH PROVIDES THE COMMUNITY WITH ACCESS TO CAREER TRAINING, FINANCIAL EMPOWERMENT SERVICES, AND DIRECT ACCESS TO JOBS, LOCATED AT 1710 TELEPHONE ROAD, HOUSTON, TEXAS 77023. 7 4 0 0 0 0 0 0 0 0 0 0 110460 111012 110460 111012 0 0 0 0 0 0 0 0 0 486492 493310 486492 493310 -376032 -382298 8189823 8029429 9623646 9845550 -1433823 -1816121 X SER QALICB PARTICIPATED IN A NEW MARKETS TAX CREDIT ("NMTC") TRANSACTION TO COMPLETE THE FINANCING OF THE RENOVATION OF A 22,000 SQUARE FOOT OFFICE BUILDING THAT HOUSES SER JOBS FOR PROGRESS OF THE TEXAS GULF COAST, A TEXAS NONPROFIT CORPORATION, WHICH PROVIDES THE COMMUNITY WITH ACCESS TO CAREER TRAINING, FINANCIAL EMPOWERMENT SERVICES, AND DIRECT ACCESS TO JOBS, LOCATED AT 1710 TELEPHONE ROAD, HOUSTON, TEXAS 77023. 0 0 483460 TO PROVIDE AND GENERATE TAX CREDITS CALLED NEW MARKETS TAX CREDITS. 483460 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 7 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 7137736000 1710 TELEPHONE ROAD HOUSTON TX 77023 JOSE VILLAREAL CHAIRMAN 2.00 X 0 0 0 CRUZ HINOJOSA DIRECTOR 2.00 X 0 0 0 SHEROO MUKHTIAR CHIEF EXECUTIVE OFFICER 2.00 40.00 X X 0 204609 12671 GERALD EATON CHIEF FINANCIAL OFFICER 2.00 40.00 X X 0 133769 13864 SONIA MEDRANO DIRECTOR 2.00 X 0 0 0 LEIGHTON CHANG DIRECTOR 2.00 X 0 0 0 ELIZABETH WILSON CHIEF ADVANCEMENT OFFICER 2.00 40.00 X X 0 125385 13583 0 463763 40118 0 0 1 0 0 111012 0 111012 111012 111012 111012 0 0 111012 9850 9850 45750 45750 40 40 98867 98867 337374 337374 1429 1429 493310 483460 9850 0 188866 145649 1190 1190 9320802 1638083 7999767 7682719 0 199871 8189823 8029429 123843 125550 9720000 9720000 -220197 0 9623646 9845550 X -1433823 -1816121 -1433823 -1816121 8189823 8029429 -382298 0 X 0 1 X 1 0 X X X 1 SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC 741590387 7 1 0 111012 1 0 111012 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 0 PART IV, SECTION D, LINE 3 THE BOOKS AND RECORDS OF THE SER QALICB (THE SUPPORTING ORGANIZATION) ARE MAINTAINED BY SERJOBS (THE SUPPORTED ORGANIZATION). THE EXECUTIVE DIRECTOR/CEO, CAO, AND CFO OF SERJOBS ALSO SERVES AS EXECUTIVE DIRECTOR/CEO, CAO, AND CFO FOR SER QALICB. PART IV, SECTION E, LINE 2 A THE SUPPORTED ORGANIZATION IS SER JOBS FOR PROGRESS OF THE TEXAS GULF COAST, INC. (74-1590387), A 501(C)(3) ORGANIZATION THAT PROVIDES JOB TRAINING, EDUCATION PROGRAMS, JOB READINESS AND JOB MATCHING, AND CAREER COACHING FOR ECONOMICALLY DISADVANTAGED RESIDENTS OF THE COMMUNITY. THE SUPPORT BEING PROVIDED HAS ENABLED SER JOBS TO PARTICIPATE IN NEW MARKET TAX CREDIT FINANCING TO RENOVATE A 22,000 SQUARE FOOT BUILDING TO HOUSE SER JOBS AND SUPPORT IS WORK IN THE COMMUNITY. PART I, LINE 12 G, COLUMN (VI) SER QALICB PROVIDES ITS SUPPORTED ORGANIZATION, SER JOBS FOR PROGRESS OF THE TEXAS GULF COAST, INC. USE OF ITS FACILITIES. 8607835 1111846 7495989 712967 526237 186730 7682719 X 8775938 8775938 8775938 0 111012 111012 111012 9758475 9265165 9265165 493310 0 493310 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, 2023 AND 2022, 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 8,663,246. SER-CDC INCOME 112,692. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY RENTAL INCOME 111,012. PART XII, LINE 2D - OTHER ADJUSTMENTS: SER-JOBS EXPENSES 9,205,219. SER-CDC EXPENSES 59,946. 0 0 0 0 0 0 0 0 0 SHEROO MUKHTIAR CHIEF EXECUTIVE OFFICER 0 204609 0 0 0 0 0 0 0 12671 0 217280 0 0 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 ROAD HOUSTON TX 77023 741590387 TRAINING & SUPPORT TX 501(C)(3) LINE 7 0 SER COMMUNITY DEVELOPMENT CORPORATION 1710 TELEPHONE ROAD HOUSTON TX 77023 760366183 COMMUNITY DEVELOPMENT TX 501(C)(3) LINE 12A, I 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC J 111012 COST BASIS SER-JOBS FOR PROGRESS OF THE TEXAS GULF COAST INC P 101017 COST BASIS