Overview
What is Our Lady Of Mercy Apts Inc?
Our Lady of Mercy Apts Inc is a nonprofit organization situated in Lafayette, Louisiana, dedicated to providing affordable housing for individuals with low income. In compliance with Section 222(B)(3) of the National Housing Act, this organization operates on a not-for-profit basis, offering housing solutions that cater to this specific demographic. The organization's primary mission is to facilitate sustainable living conditions for those in need, thereby promoting a sense of community and social equality.
Is Our Lady Of Mercy Apts Inc legitimate?
Our Lady Of Mercy Apts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Mercy Apts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,971
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What is the mission statement of Our Lady Of Mercy Apts Inc?
Our Lady of Mercy Apts Inc is committed to providing low-income housing on a non-profit basis. This is in accordance with Section 222(B)(3) of the National Housing Act. The organization's mission is centered around making affordable housing available to individuals with limited financial resources. It operates on a non-profit basis, ensuring that the cost of housing does not burden its residents excessively. By doing so, Our Lady of Mercy Apts Inc contributes to the welfare of its residents, providing them with a stable living environment.
Who is the CEO of Our Lady Of Mercy Apts Inc?
Bishop J Douglas Deshotel is the President of Our Lady Of Mercy Apts Inc.
What is the revenue of Our Lady Of Mercy Apts Inc?
Our Lady Of Mercy Apts Inc's revenue in 2022 was $123,829.
Who are the executives of Our Lady Of Mercy Apts Inc and what are their salaries?
There 7 volunteers at Our Lady Of Mercy Apts Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Our Lady Of Mercy Apts Inc?
Our Lady Of Mercy Apts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Lady Of Mercy Apts Inc
Our Lady of Mercy Apts Inc is a non-profit organization dedicated to providing low-income housing. In line with Section 222(B)(3) of the National Housing Act, this organization offers housing solutions to individuals who fall under the low-income bracket. By adhering to this non-profit mission, Our Lady of Mercy Apts Inc plays a significant role in alleviating housing challenges for a portion of the population, thereby contributing to a more equitable and inclusive community.
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Impact
October, 2024
Our Lady Of Mercy Apartments Inc significantly impacts the Lafayette community by providing low-income housing, ensuring that families have access to safe and affordable living conditions. By adhering to Section 222(B)(3) of the National Housing Act, the organization helps to alleviate homelessness and housing instability in the area, fostering a sense of community and stability for its residents. This initiative not only enhances the quality of life for individuals and families but also contributes to the overall socioeconomic well-being of Lafayette, enabling residents to focus on education, employment, and personal development without the burden of high housing costs.
This information is meant to be a general summary of Our Lady Of Mercy Apts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9
- Program Service Revenue: $49,486
- Gross Receipts: $123,829
Assets and Liabilities:
- Total Assets: $794,468
- Total Liabilities: $18,248
- Net Assets: $776,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$49,486
Organization Details
Founding Year
2004
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L21 - Housing
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