Overview
What is Desha Area Directions Inc?
Desha Area Directions Inc is a nonprofit organization situated in Dumas, Arkansas. Their primary mission is to provide housing solutions for qualified individuals, in alignment with Section 811 of the National Affordable Housing Act. They have successfully established 14 apartment units to cater to this demographic, contributing to the overall housing affordability in the area. The organization's efforts help to bridge the gap in housing needs for specific individuals, thereby enhancing their living conditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. This score reflects significant concerns regarding the financial health and operational efficiency of Desha Area Directions Inc. While the organization demonstrates strong governance with a fully independent board and effective documentation of board meeting minutes, its financial stability is troubling, as indicated by a high liabilities to assets ratio.
The organization excels in its program expense ratio, allocating 100% of its expenses directly to its programs, which is a positive indicator of mission-driven spending. However, the alarming liabilities to assets ratio of 136.40% raises questions about its financial sustainability and the potential for future operational difficulties. This financial imbalance suggests that the organization may be over-leveraged, which could impact its ability to fulfill its mission long-term.
Overall, while Desha Area Directions Inc shows commendable governance and focus on programming, serious financial concerns must be addressed to improve its sustainability and overall rating. Stakeholders should approach with caution, considering these financial indicators as they relate to the charity's ability to effectively serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Desha Area Directions Inc legitimate?
Desha Area Directions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Desha Area Directions 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: $0
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What is the mission statement of Desha Area Directions Inc?
Desha Area Directions Inc, as an organization, is dedicated to providing housing solutions for qualified individuals. Specifically, they offer 14 apartments in accordance with Section 811 of the National Affordable Housing Act. This initiative aims to provide affordable living spaces, thereby contributing to the well-being and stability of the individuals who reside there. The organization's focus on Section 811 housing demonstrates their commitment to making housing accessible and affordable for those who need it most.
Who is the CEO of Desha Area Directions Inc?
Phillip G Bourgeois is the President of Desha Area Directions Inc. The CEO's salary of Desha Area Directions Inc is $0 and their total compensation is $0.
What is the revenue of Desha Area Directions Inc?
Desha Area Directions Inc's revenue in 2023 was $172,770.
Who are the executives of Desha Area Directions Inc and what are their salaries?
Here are 8 key members and their salaries (Desha Area Directions Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Desha Area Directions Inc?
Desha Area Directions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Desha Area Directions Inc
Desha Area Directions Inc, a nonprofit organization, is committed to providing housing solutions for qualified individuals. In line with Section 811 of the National Affordable Housing Act, Desha Area Directions Inc offers 14 apartments, serving as a beacon of hope for those in need. The organization's mission is to make a significant impact in people's lives by offering these residential units, thereby contributing to the overall housing affordability and accessibility in the community.
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Impact
October, 2024
Desha Area Directions Inc significantly enhances the quality of life in Dumas, Arkansas, by providing 14 apartments specifically designed for qualified individuals under Section 811 of the National Affordable Housing Act. This initiative not only addresses the pressing need for affordable housing but also fosters a supportive community environment for individuals who may require accessible living spaces. By ensuring that these apartments are available, Desha Area Directions Inc plays a crucial role in improving housing stability, promoting independence, and empowering residents to build a better future. The organization's commitment to housing accessibility ultimately contributes to the overall well-being of the community.
This information is meant to be a general summary of Desha Area Directions 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 2023.
- Investment Income: $69
- Program Service Revenue: $60,841
- Gross Receipts: $172,770
Assets and Liabilities:
- Total Assets: $1,017,643
- Total Liabilities: $1,388,082
- Net Assets: -$370,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$60,841
Organization Details
Founding Year
2007
Principal Officer
Phillip G Bourgeois
Main Address
PO BOX 624, DUMAS, AR, 71639
NTEE Category
Code: L21 - Housing
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