Semcu Foundation Inc

The Semcu Foundation Inc is a 501(c)(3) nonprofit organization located in Madera, California. It was founded in 2012 with the primary purpose of representing the residents, property owners, and businesses in southeastern Madera County[3].

Purpose and Mission

Semcu Foundation Inc focuses on improving community conditions by enhancing health, safety, and other aspects of well-being in the region it serves[5]. The organization's mission aligns with fostering community improvement and capacity building, making it part of both community improvement and community coalitions under the National Taxonomy of Exempt Entities (NTEE)[1].

Financial Overview

Semcu Foundation Inc derives its revenue primarily from contributions, with no reported income from program services, investments, or sales[1]. For instance, in one of the fiscal years, the organization received approximately $102,941 in contributions[1]. The foundation maintains zero liabilities and has varied total assets over the years[1].

Structure and Classification

As a 501(c)(3) organization, contributions to Semcu Foundation Inc are tax-deductible, allowing donors to claim deductions on their tax returns for eligible donations[2]. The IRS classifies it as a charitable or religious organization, emphasizing its role in community service and philanthropy[2].

In summary, Semcu Foundation Inc is dedicated to enhancing community well-being in southeastern Madera County, operating as a non-profit organization reliant on public support.