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Blueprint Investment Fund

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

EIN: 273575917 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Blueprint Investment Fund?

Blueprint Investment Fund is a dedicated community housing development organization situated in New Orleans, Louisiana. Their primary focus is on constructing and offering high-quality, reasonably priced rental properties to low-income families within the Greater New Orleans area. Adhering to their mission, Blueprint restricts the eligibility of their rental units to households whose income falls below 50% of the New Orleans area median income, ensuring that the tenants' living expenses do not exceed 40% of their annual household income. The organization recently completed three new construction rental projects and leased the resulting six duplex units to six low-income, disabled families.


Official website here: www.blueprintfund.org

Is Blueprint Investment Fund legitimate?

Blueprint Investment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blueprint Investment Fund 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: $23,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.blueprintfund.org

What is the mission statement of Blueprint Investment Fund?

Blueprint Investment Fund is dedicated to the development and provision of high-quality, affordable rental housing for families with low income within a specific area. Aligning with its mission, Blueprint ensures that its rental units are accessible to households whose income does not exceed 50% of the local median income. Furthermore, the tenants' living expenses should not exceed 40% of their annual household income. In essence, Blueprint Investment Fund is committed to making housing affordable and within financial reach for families in need.


Official website here: www.blueprintfund.org

Who is the CEO of Blueprint Investment Fund?

Lawrence Williams is the President of Blueprint Investment Fund.


Official website here: www.blueprintfund.org

What is the revenue of Blueprint Investment Fund?

Blueprint Investment Fund's revenue in 2022 was $8,623.


Official website here: www.blueprintfund.org

Who are the executives of Blueprint Investment Fund and what are their salaries?

There 7 volunteers at Blueprint Investment Fund.


Here are 7 key members and their salaries:


Lawrence Williams (President)
  • Compensation: $23,000
  • Related: $0
  • Other: $0
Benardett K Jno-Finn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakesiah Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andromeda Mckinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dywan Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blueprintfund.org

Where can I find the form 990 for Blueprint Investment Fund?

Blueprint Investment Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blueprintfund.org

Learn more at the official website: www.blueprintfund.org

Mission Statement of Blueprint Investment Fund

Blueprint Investment Fund, a community housing development organization, is dedicated to a noble mission. They strive to develop and supply high-quality, reasonably priced rental accommodations for families with low incomes, residing within the Greater New Orleans area. Adhering to this mission, Blueprint ensures that the rental units it provides are accessible to households whose income does not surpass 50% of the New Orleans area median income. Moreover, the rent paid by tenants should not exceed 40% of their annual household income. This commendable initiative by Blueprint Investment Fund aims to provide affordable housing opportunities for those who may otherwise struggle to secure such accommodations, thereby contributing to a more equitable community.

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Impact




August, 2024

Blueprint Investment Fund's impact can be seen in the provision of quality, affordable rental housing for low-income families in the Greater New Orleans area. By restricting rental units to households earning at or below 50% of the area median income, and ensuring that tenants' cash outlay does not exceed 40% of their annual household income, the organization is addressing a critical need for affordable housing in the community. Through projects like the construction of new duplex units rented to disabled, low-income households, Blueprint Investment Fund is making a tangible difference in the lives of those in need of stable and affordable housing.




This information is meant to be a general summary of Blueprint Investment Fund. 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
$8,623 (2022)
Expenses
$166,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$39,477
  • Program Service Revenue: $48,100
  • Gross Receipts: $144,917

Assets and Liabilities:

  • Total Assets: $1,083,180
  • Total Liabilities: $1,115,957
  • Net Assets: -$32,777

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Programs

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

Rental Income

Revenue

$48,100

Organization Details

Founding Year

2010

Principal Officer

Lawrence Williams

Main Address

3929 Eagle Street, New Orleans, LA, 70118

NTEE Category

Code: P20 - Human services

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