Overview
What is Lafontaine Center Inc?
Lafontaine Center Inc, based in Long Beach, California, is a nonprofit corporation established in accordance with Indiana's not-for-profit statutes. Its primary purpose is to manage a 66-unit housing project named Lafontaine Center, situated in Huntington, Indiana. This project is designed to cater to the needs of low-income elderly individuals, falling under Section 202 of the National Housing Act. The center provides essential housing services, contributing positively to the community.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lafontaine Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on an Accountability & Finance score of 81%, which reflects the organization’s commitment to transparent operations and responsible financial management. The charity exhibits strong governance practices, including a fully independent board and comprehensive conflict of interest and whistleblower policies.
The organization demonstrates effective program spending, with an impressive program expense ratio of 88.12%. This suggests that a majority of its resources are directed towards its mission rather than administrative costs. Additionally, Lafontaine Center Inc maintains a thorough audit and oversight process, ensuring financial statements are well managed and reviewed.
However, while the organization shows strengths in governance and financial practices, the high salaries of key personnel may raise questions among some donors about fiscal priorities. Transparency in executive compensation is important for maintaining donor trust, and this factor should be considered when evaluating the overall impact of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lafontaine Center Inc legitimate?
Lafontaine Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafontaine Center 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
Official website here: www.rhf.org
What is the mission statement of Lafontaine Center Inc?
The Lafontaine Center Inc, established in accordance with Indiana's not-for-profit statutes, was formed with the primary objective of managing a 66-unit housing project. This project, named Lafontaine Center, is located in Huntington, Indiana. Its purpose is to provide affordable housing for elderly individuals with low income, falling under Section 202 of the National Housing Act, which has been amended. The center's mission is focused on serving this specific demographic, ensuring they have access to suitable housing.
Official website here: www.rhf.org
Who is the CEO of Lafontaine Center Inc?
Hartman Stuart J is the CEO of Lafontaine Center Inc The CEO's salary of Lafontaine Center Inc is $0 and their total compensation is $685,724.
Official website here: www.rhf.org
What is the revenue of Lafontaine Center Inc?
Lafontaine Center Inc's revenue in 2024 was $926,622.
Official website here: www.rhf.org
Who are the executives of Lafontaine Center Inc and what are their salaries?
Here are 38 key members and their salaries (Lafontaine Center Inc's CEO's salary is $0 and their total compensation is $685,724):
- Compensation: $0
- Related: $617,596
- Other: $68,128
- Compensation: $0
- Related: $440,286
- Other: $49,216
- Compensation: $0
- Related: $378,582
- Other: $25,235
- Compensation: $0
- Related: $259,219
- Other: $21,908
- Compensation: $0
- Related: $246,158
- Other: $37,102
- Compensation: $0
- Related: $248,822
- Other: $40,606
- Compensation: $0
- Related: $245,158
- Other: $41,335
- Compensation: $0
- Related: $242,093
- Other: $46,746
- Compensation: $0
- Related: $239,642
- Other: $49,191
- Compensation: $0
- Related: $228,362
- Other: $48,817
- Compensation: $0
- Related: $223,831
- Other: $4,520
- Compensation: $0
- Related: $210,648
- Other: $3,734
- Compensation: $0
- Related: $209,162
- Other: $18,816
- Compensation: $0
- Related: $197,200
- Other: $19,731
- Compensation: $0
- Related: $184,618
- Other: $4,763
- Compensation: $0
- Related: $177,682
- Other: $5,331
- Compensation: $0
- Related: $177,323
- Other: $16,482
- Compensation: $0
- Related: $173,077
- Other: $5,192
- Compensation: $0
- Related: $166,856
- Other: $23,842
- Compensation: $0
- Related: $168,542
- Other: $19,443
- Compensation: $0
- Related: $153,750
- Other: $18,784
- Compensation: $0
- Related: $151,652
- Other: $6,199
- Compensation: $0
- Related: $153,972
- Other: $18,804
- Compensation: $0
- Related: $147,014
- Other: $18,185
- Compensation: $0
- Related: $143,382
- Other: $17,693
- Compensation: $0
- Related: $137,523
- Other: $16,437
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Lafontaine Center Inc?
Lafontaine Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of Lafontaine Center Inc
Lafontaine Center Inc, a not-for-profit organization, was established in accordance with Indiana's not-for-profit statutes. Its primary mission is to operate a 66-unit housing project, known as Lafontaine Center, which is specifically designed to provide affordable housing for low-income elderly individuals. This endeavor is in line with Section 202 of the National Housing Act, which has been amended over time. Lafontaine Center Inc's mission is centered around offering a safe and supportive living environment for this demographic, ensuring they have access to housing that meets their specific needs.
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Impact
July, 2024
Lafontaine Center Inc's impact is centered around providing housing for low-income elderly persons in Huntington, Indiana. Through its operation of a 66-unit project known as Lafontaine Center, this organization plays a vital role in addressing the housing needs of this vulnerable population. By offering affordable housing in accordance with Section 202 of the National Housing Act, Lafontaine Center Inc directly contributes to enhancing the quality of life for elderly individuals with limited financial resources. This impact extends beyond just providing shelter, as it also fosters a sense of community and support for those residing in the facility. Overall, Lafontaine Center Inc's work underscores the importance of ensuring safe and accessible housing options for the elderly in need.
This information is meant to be a general summary of Lafontaine Center 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 2024.
- Investment Income: $20,620
- Program Service Revenue: $178,059
- Gross Receipts: $926,622
Assets and Liabilities:
- Total Assets: $1,572,870
- Total Liabilities: $1,512,890
- Net Assets: $59,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$178,059
Organization Details
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