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The Road Home Corporation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208104376 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Road Home Corporation Inc?

The Road Home Corporation Inc, located in Baton Rouge, Louisiana, is a nonprofit organization established to manage lands donated by the state to respective parishes affected by Hurricanes Katrina and Rita. The organization, which has a team of six employees, ensures the proper distribution and maintenance of these properties in accordance with the Louisiana Constitution. Their primary mission is to oversee the lands purchased by the State of Louisiana under the Current Road Home Program and other land programs.


Official website here: www.lalandtrust.us

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 84% (Three-Star out of Four Star rating)

The Road Home Corporation Inc. has achieved a score of 84%, indicating a solid performance in accountability and finance. This score is primarily derived from its effective management of financial resources, highlighted by a high program expense ratio of 96.95%, which reflects a commitment to utilizing funds for its mission rather than administrative costs.

Despite these strengths, there are notable areas for improvement. The organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the absence of tax form postings on their website suggests a need for greater transparency in their financial practices.

The nonprofit does demonstrate a strong governance structure, with 75% of its board members being independent and an effective audit and oversight committee. These aspects contribute positively to the organization's overall accountability, though addressing the identified weaknesses could further enhance their credibility and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is The Road Home Corporation Inc legitimate?

The Road Home Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Road Home Corporation 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: $158,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,193

For more financial information, click here


Official website here: www.lalandtrust.us

What is the mission statement of The Road Home Corporation Inc?

The Road Home Corporation Inc is dedicated to managing properties acquired by the state of Louisiana under various land programs, in accordance with the Louisiana Constitution. The organization's primary role is to oversee the distribution and maintenance of land that was donated to the corporation by the state for the affected parishes following Hurricanes Katrina and Rita. The land is intended to be distributed to the respective parishes to aid in their recovery process. By managing these properties, The Road Home Corporation Inc plays a crucial role in helping the impacted communities rebuild and regain a sense of normalcy.


Official website here: www.lalandtrust.us

Who is the CEO of The Road Home Corporation Inc?

Michael Taylor is the Executive Di of The Road Home Corporation Inc.


Official website here: www.lalandtrust.us

What is the revenue of The Road Home Corporation Inc?

The Road Home Corporation Inc's revenue in 2022 was $16,046,921.


Official website here: www.lalandtrust.us

Who are the executives of The Road Home Corporation Inc and what are their salaries?

The average compensation at The Road Home Corporation Inc during 2022 was $80,866. There are 6 employees at The Road Home Corporation Inc.


Here are 5 key members and their salaries:


Michael Taylor (Executive Di)
  • Compensation: $158,000
  • Related: $0
  • Other: $0
Walter Leger Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Laborde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Shirley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Wyman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lalandtrust.us

Where can I find the form 990 for The Road Home Corporation Inc?

The Road Home Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lalandtrust.us

Learn more at the official website: www.lalandtrust.us

Mission Statement of The Road Home Corporation Inc

The Road Home Corporation Inc is a non-profit organization with a primary mission to manage properties acquired by the State of Louisiana under various land programs, in accordance with the Louisiana Constitution, Art VII, Section 21(B)(1). In simpler terms, this organization is entrusted with the responsibility of distributing and maintaining land donated by the State to respective parishes that were affected by Hurricanes Katrina and Rita.

Established to serve a noble cause, The Road Home Corporation Inc plays a vital role in overseeing the distribution and maintenance of donated land. This land is a valuable resource for the affected communities, and the organization ensures it is used effectively and efficiently. By managing these properties, The Road Home Corporation Inc contributes to the rebuilding and recovery efforts of the parishes impacted by these devastating hurricanes.

The organization's work is deeply rooted in the restoration of communities, providing a sense of hope and stability to those who have been displaced. Through careful management and distribution of the land, The Road Home Corporation Inc is making a difference in the lives of many. Their efforts not only contribute to the physical rebuilding of the communities but also bring about a renewed sense of pride and resilience among the residents.

In summary, The Road Home Corporation Inc is a dedicated non-profit organization that manages properties donated by the State of Louisiana to the affected parishes following Hurricanes Katrina and Rita. By overseeing the distribution and maintenance of this land, the organization plays a crucial role in the recovery and rebuilding of the communities, bringing hope and stability to those in need.

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Impact




August, 2024

The impact of The Road Home Corporation Inc is focused on managing properties acquired by the state of Louisiana under the current Road Home Program and other land programs. The organization's primary objective is to oversee the distribution and maintenance of land donated by the state to parishes affected by Hurricanes Katrina and Rita. Through this work, The Road Home Corporation Inc plays a crucial role in supporting the recovery and rebuilding efforts of communities impacted by natural disasters, particularly in the aftermath of devastating hurricanes.




This information is meant to be a general summary of The Road Home Corporation 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.

Revenue
$16,046,921 (2022)
Expenses
$4,532,244 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $16,046,921

Assets and Liabilities:

  • Total Assets: $53,027,377
  • Total Liabilities: $2,011,178
  • Net Assets: $51,016,199

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Organization Details

Founding Year

2006

Principal Officer

Michael Taylor

Main Address

11100 MEAD ROAD SUITE 200, BATON ROUGE, LA, 70816

NTEE Category

Code: C34 - Environment

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