Overview
What is Louisiana Real Estate Foundation?
The Louisiana Real Estate Foundation is a nonprofit organization situated in Lafayette, Louisiana, specifically at 1035 Camellia Blvd STE 100. Its primary objective is to support the Community Foundation of Acadiana by accepting and managing gifts of real estate. This includes holding and managing immovable properties. The foundation's mission is instrumental in contributing to the local community, as it helps in the preservation and utilization of real estate assets to further the objectives of the Community Foundation of Acadiana.
Is Louisiana Real Estate Foundation legitimate?
Louisiana Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Real Estate Foundation 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.
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What is the mission statement of Louisiana Real Estate Foundation?
The Louisiana Real Estate Foundation's primary mission is to support the Community Foundation of Acadiana by accepting gifts of real estate and managing these immovable properties. Their role is to hold and manage these properties, ensuring their maintenance and utilization in a manner that benefits the foundation's objectives. Additionally, the foundation manages property and debt for Ascension Episcopal High School, showcasing their commitment to managing real estate for the betterment of educational institutions.
Who is the CEO of Louisiana Real Estate Foundation?
Jason Freyou is the Chair of Louisiana Real Estate Foundation. The CEO's salary of Louisiana Real Estate Foundation is $0 and their total compensation is $0.
What is the revenue of Louisiana Real Estate Foundation?
Louisiana Real Estate Foundation's revenue in 2022 was $329,355.
Who are the executives of Louisiana Real Estate Foundation and what are their salaries?
Here are 22 key members and their salaries (Louisiana Real Estate Foundation's CEO's salary is $0 and their total compensation is $0):
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- Related: $173,429
- Other: $36,508
Where can I find the form 990 for Louisiana Real Estate Foundation?
Louisiana Real Estate Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana Real Estate Foundation
Louisiana Real Estate Foundation, as its mission statement suggests, is dedicated to supporting the Community Foundation of Acadiana. It achieves this by accepting gifts of real estate and managing immovable properties. The organization's role involves the careful management of properties and any associated debts, specifically for Ascension Episcopal High School. By carrying out these tasks, Louisiana Real Estate Foundation plays a significant role in contributing to the Community Foundation of Acadiana's objectives and operations.
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Impact
October, 2024
The Louisiana Real Estate Foundation significantly impacts the community by supporting the Community Foundation of Acadiana through the acceptance and management of real estate gifts. This initiative allows for the effective holding and management of immovable properties, enhancing the resources available for local organizations and educational institutions. One notable aspect of its work includes the management of property and debt for Ascension Episcopal High School, directly contributing to the school's sustainability and growth. By facilitating these real estate transactions and property management responsibilities, the foundation plays a crucial role in fostering philanthropic efforts and enriching community resources in Lafayette, LA, and beyond.
This information is meant to be a general summary of Louisiana Real Estate Foundation. 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: $1,033
- Program Service Revenue: $323,462
- Gross Receipts: $329,355
Assets and Liabilities:
- Total Assets: $21,985,926
- Total Liabilities: $2,177,311
- Net Assets: $19,808,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASCENSION EPISCOPAL SC
Revenue
$249,480
ASCENSION PRESCHOOL
Revenue
$73,982
Organization Details
Founding Year
2005
Phone
(337) 769-4840Principal Officer
Jason Freyou
Main Address
1035 CAMELLIA BLVD STE 100, LAFAYETTE, LA, 70508
NTEE Category
Code: T20 - Philanthropy
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