Overview
What is Helio Foundation?
The Helio Foundation, based in Houma, Louisiana at 509 Prevost Drive, is a dedicated nonprofit organization serving the underprivileged within its community. During the aftermath of Hurricane Ida, the foundation launched the Float the Boat program, providing financial aid to independent commercial fishermen to replace damaged equipment and make repairs. Each family was eligible for up to $4,999, allowing them to resume work and rebuild their lives sooner. The funding for this program came entirely from public donations, and the foundation received additional support through a $50,000 grant from the Greater New Orleans Foundation. The Helio Foundation's mission remains focused on serving the underserved within its community.
Is Helio Foundation legitimate?
Helio Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helio 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $27,366
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Helio Foundation?
The Helio Foundation's mission is centered around serving the underserved within their community. They carry out this mission by providing assistance to those in need. A notable example of their work is the Float the Boat program, which aided independent commercial fishermen impacted by Hurricane Ida. This program enabled fishermen to replace equipment and repair damages, offering up to $4,999 per family. This initiative allowed them to resume their work sooner, thereby helping them rebuild their lives and livelihoods. The funds for this program were sourced from public donations, including a $50,000 grant from the Greater New Orleans Foundation. The remaining funds were also generously donated by the public.
Who is the CEO of Helio Foundation?
Jonathan Foret is the Secretarytreasurer of Helio Foundation.
What is the revenue of Helio Foundation?
Helio Foundation's revenue in 2022 was $174,483.
Who are the executives of Helio Foundation and what are their salaries?
The average compensation at Helio Foundation during 2022 was $27,366. There is 1 employee at Helio Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Helio Foundation?
Helio Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Helio Foundation
The Helio Foundation, a nonprofit organization, is committed to serving the underserved within its community. Its mission is to extend aid and support to those who are in need, demonstrating a dedication to making a positive impact in the lives of its community members.
One of the ways Helio Foundation fulfills its mission is through its Float the Boat program. This initiative was designed to assist independent commercial fishermen who had suffered equipment damage and losses due to Hurricane Ida. By providing financial assistance of up to $4,999 per family, the program enabled fishermen to repair their boats and equipment more quickly. This not only helped them to get back to work but also allowed them to begin rebuilding their lives and livelihoods. It is worth noting that the Helio Foundation did not generate any revenue from this program; instead, it utilized donations received from the public to fund its efforts. Additionally, the organization received a $50,000 grant from the Greater New Orleans Foundation to support this program. The remaining funds for the Float the Boat program were also generously donated by the public.
In summary, the Helio Foundation is a nonprofit organization dedicated to serving the underserved within its community. Through its Float the Boat program, it provided financial assistance to independent commercial fishermen affected by Hurricane Ida, enabling them to rebuild their livelihoods more quickly. The foundation's mission is accomplished through the generous donations it receives from the public and grants, such as the one from the Greater New Orleans Foundation.
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Impact
October, 2024
Helio Foundation has significantly impacted the lives of underserved communities, particularly through its Float the Boat program, which aids independent commercial fishermen affected by Hurricane Ida. By providing financial assistance of up to $4,999.00 per family, the program enabled fishermen to replace damaged equipment and repair their operations. This support not only facilitated a quicker return to work but also helped families begin the process of rebuilding their lives and livelihoods after the disaster.
The initiative was funded primarily through public donations and a grant of $50,000 from the Greater New Orleans Foundation, highlighting a strong community response to the crisis. Through programs like Float the Boat, Helio Foundation underscores its mission to empower vulnerable populations and restore stability within its community in Houma, Louisiana.
This information is meant to be a general summary of Helio 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.
- Gross Receipts: $174,483
Assets and Liabilities:
- Total Assets: $245,741
- Total Liabilities: $0
- Net Assets: $245,741
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Organization Details
Founding Year
2010
Principal Officer
Jonathan Foret
Main Address
509 PREVOST DR, HOUMA, LA, 70364
NTEE Category
Code: Q33 - International
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