2026-08-14T13:42:42-05:00 2025-09-30 882730877 CHERRY BEKAERT ADVISORY LLC 3800 GLENWOOD AVE SUITE 200 RALEIGH NC 27612 990 2024-10-01 824464493 SER DEVELOPMENT I INC SERD 9197199622 801 CORPORATE CENTER DRIVE 200 RALEIGH NC 276075073 LISA MARTIN CHAIR & PRESIDENT 9197199622 2026-06-08 1 0 MELANIE MCPEAK P01346034 9197821040 2024 2025-03-06 01:10:19Z X LISA MARTIN 801 CORPORATE CENTER DRIVE 200 RALEIGH NC 276075073 6884760 0 X N/A X 2018 NC 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. X 5 5 0 5 0 0 0 0 881175 598260 0 0 0 6286500 881175 6884760 679957 630609 0 0 0 0 0 0 0 1079834 707632 1759791 1338241 -878616 5546519 19469118 0 21283089 0 -1813971 0 X 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. 0 1 630609 630609 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. 630609 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NC X BRIAN KEEL 9197199622 801 CORPORATE CENTER DRIVE RALEIGH NC 276075073 X LISA MARTIN CHAIR & PRESIDENT 2.00 0.00 X X 0 0 0 RICHARD BOYETTE VICE CHAIR 2.00 0.00 X X 0 0 0 JOHNNY TILLETT SECRETARY 2.00 0.00 X X 0 0 0 PAGE ALLEN TREASURER 2.00 0.00 X X 0 0 0 LACY PRESNELL MEMBER 2.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 HEALTHY LIVING 624110 598260 598260 598260 GAIN ON DEBT FORGIVENE 900099 6286500 6286500 6286500 6884760 6884760 0 0 630609 630609 59766 59766 45000 45000 25000 25000 200 200 10140 10140 151357 151357 385824 385824 30345 30345 1338241 630609 707632 0 281124 0 0 0 885141 0 0 0 0 0 1490160 0 0 0 16812693 0 0 0 0 0 0 19469118 0 204731 0 20942667 0 135691 0 21283089 0 X -3294017 0 1480046 0 -1813971 0 19469118 0 X 5546519 -3732548 X 0 0 0 1 THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC 801 CORPORATE CENTER DRIVE STE 200 RALEIGH NC 276075073 560591307 501(C)(3) 630609 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION ONLY MAKES GRANTS TO ITS RELATED ORGANIZATION, THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA, INC. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZAZTIONS SERVES TO MONITOR THE USE OF THE FUNDS. CASH 2025-11-14 48720 FMV 560591307 THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC 801 CORPORATE CENTER DRIVE STE 200 RALEIGH NC 276075073 501(C)(3) OTHER ASSETS - INTERCOMPANY RECEIVABLES 2025-11-14 3683830 FMV 560591307 THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC 801 CORPORATE CENTER DRIVE STE 200 RALEIGH NC 276075073 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART III, LINE 3 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. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIR OF THE BOARD OF DIRECTORS OF THE YMCA OF THE TRIANGLE AREA, INC. SHALL NOMINATE ONE DIRECTOR WHICH SHALL BE DEEMED ELECTED BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS RESPONSIBLE FOR THE REVIEW OF THE 990. THEY WILL RECEIVE A COPY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE COMPANY IS TO HOLD REAL ESTATE DURING THE TERM OF THE NEW MARKET TAX CREDITS. THERE ARE A SMALL NUMBER OF TRANSACTIONS IN THE COMPANY. THE CFO OF THE YMCA OF THE TRIANGLE AREA, INC. MONITORS THESE TRANSACTIONS TO ENSURE THERE ARE NONE WITH OFFICERS OR BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE ON FILE AT YMCA OF THE TRIANGLE AREA, INC. AND AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS UPON DISSOLUTION OF ORGANIZATION -3,732,550. ROUNDING 2. THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC 801 CORPORATE CENTER DRIVE STE 200 RALEIGH NC 276075073 560591307 VOLUNTEER LED PC W MISSION TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE NC 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0