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Arcadia Place Inc

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

EIN: 261173327 ✦ Ferriday, LA ✦ Designated as a 501(c)(3)

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Overview

What is Arcadia Place Inc?

Arcadia Place Inc, located in Ferriday, Louisiana, is a dedicated nonprofit organization that focuses on providing qualified supportive housing for low-income elderly individuals. Established with a mission to serve this specific demographic, Arcadia Place Inc offers a nurturing environment that caters to their unique needs. The organization's primary activity involves offering housing solutions tailored to the elderly, ensuring they maintain a sense of independence and dignity while receiving the necessary support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Arcadia Place Inc has a solid accountability and finance score of 73, indicating a reasonable level of financial health and operational transparency. The organization excels in areas such as having a majority independent board, appropriate board size, and a favorable liabilities to assets ratio, which reflect good governance practices and financial stability. The program expense ratio of 81.31% suggests that a significant portion of funding is allocated directly to its programs, which is a positive sign for donors concerned about operational efficiency.

However, there are notable limitations that affect its overall rating. The absence of key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, raises concerns about governance practices. Additionally, the nonprofit does not post its tax forms on its website, which can hinder transparency and accountability to stakeholders. These factors collectively contribute to the organization's Two-Star rating, highlighting areas for improvement in governance and public trust.


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

Is Arcadia Place Inc legitimate?

Arcadia Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcadia Place 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

For more financial information, click here

What is the mission statement of Arcadia Place Inc?

Arcadia Place Inc is committed to providing qualified supportive housing for low-income elderly persons. Their mission is to offer a safe and comfortable living environment for this vulnerable population, ensuring they receive the necessary care and support. The organization strives to enhance the quality of life for these elderly individuals, promoting their independence and well-being. By offering supportive housing, Arcadia Place Inc aims to alleviate some of the challenges faced by low-income elderly persons, providing them with a dignified and secure living situation.

Who is the CEO of Arcadia Place Inc?

Amersones Wade is the Principal Officer of Arcadia Place Inc.

What is the revenue of Arcadia Place Inc?

Arcadia Place Inc's revenue in 2022 was $76,529.

Who are the executives of Arcadia Place Inc and what are their salaries?

There 7 volunteers at Arcadia Place Inc.


Here are 7 key members and their salaries:


Ambersones Wade (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnall Thomas Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Guice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Barfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arcadia Place Inc?

Arcadia Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Arcadia Place Inc

Arcadia Place Inc, as a nonprofit organization, is dedicated to providing qualified supportive housing for low-income elderly persons. Their mission is centered around ensuring that elderly individuals with limited financial resources have access to suitable housing that provides them with the necessary support they need. By offering this type of housing, Arcadia Place Inc aims to enhance the living conditions and quality of life for this vulnerable population, enabling them to age with dignity and independence.

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Impact




August, 2024

Arcadia Place Inc provides qualified supportive housing for low-income elderly persons in Ferriday, LA. Their impact can be seen in the improved quality of life for elderly individuals who may have struggled to find affordable and suitable housing options. By offering supportive housing, Arcadia Place Inc is helping to promote the well-being and independence of this vulnerable population, ensuring they have a safe and stable place to call home. This contributes to the overall health and happiness of the elderly residents and strengthens the community as a whole.




This information is meant to be a general summary of Arcadia Place 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
$76,529 (2022)
Expenses
$124,544 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,793
  • Program Service Revenue: $31,434
  • Gross Receipts: $76,529

Assets and Liabilities:

  • Total Assets: $1,002,367
  • Total Liabilities: $58,231
  • Net Assets: $944,136

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$31,434

Organization Details

Founding Year

2007

Principal Officer

Amersones Wade

Main Address

1600 THIRD STREET, FERRIDAY, LA, 71334

NTEE Category

Code: L21 - Housing

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