Overview
What is Noah Arc Community Development Corporation Inc?
Noah Arc Community Development Corporation Inc, located in Minden, Louisiana, is a dedicated nonprofit organization with a mission to offer affordable housing solutions to low-income families. Established at 420 Walnut Street, this organization is committed to providing affordable housing as a means of fostering community growth and stability. While specific program details or collaborations are not provided in the information, it is evident that their primary focus is on addressing housing needs for families with limited financial resources.
Official website here: www.noaharccdc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
Noah Arc Community Development Corporation Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable level of accountability and finance management. The charity's overall score is derived entirely from its Accountability & Finance score of 82%, which reflects its commitment to maintaining transparency and effective financial practices. The organization has an independent board of directors with all members being independent, which strengthens its governance framework.
The organization boasts a strong record in several key areas, including a program expense ratio of 96.43%, indicating that a significant majority of its funds are directed toward its programs. Additionally, it has demonstrated effective oversight with a well-structured audit and oversight committee. However, there are some areas for improvement, such as the absence of a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes, which are all important for enhancing governance and accountability.
Overall, while Noah Arc Community Development Corporation Inc showcases strong financial health and effective programming, addressing the noted gaps in governance policies could further bolster its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Noah Arc Community Development Corporation Inc legitimate?
Noah Arc Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noah Arc Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.noaharccdc.com
What is the mission statement of Noah Arc Community Development Corporation Inc?
The Noah Arc Community Development Corporation Inc is committed to providing affordable housing solutions for low-income families. This mission is at the core of their activities, aiming to make housing more accessible for those who may not otherwise be able to afford it. By offering affordable housing options, the organization strives to contribute positively to the lives of these families, providing them with a stable living environment. The corporation's work is dedicated to bridging the gap in housing affordability, thereby promoting social equality and community development.
Official website here: www.noaharccdc.com
Who is the CEO of Noah Arc Community Development Corporation Inc?
Rick Sims is the Executive Director of Noah Arc Community Development Corporation Inc.
Official website here: www.noaharccdc.com
What is the revenue of Noah Arc Community Development Corporation Inc?
Noah Arc Community Development Corporation Inc's revenue in 2022 was $1,210,415.
Official website here: www.noaharccdc.com
Who are the executives of Noah Arc Community Development Corporation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.noaharccdc.com
Where can I find the form 990 for Noah Arc Community Development Corporation Inc?
Noah Arc Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.noaharccdc.com
Learn more at the official website: www.noaharccdc.com
Mission Statement of Noah Arc Community Development Corporation Inc
Noah Arc Community Development Corporation Inc is dedicated to providing affordable housing solutions for low-income families. Their mission is centered around this primary objective, aiming to make a significant impact in the lives of those in need. By offering reasonably priced housing options, this nonprofit organization seeks to contribute to the well-being and stability of its community members. By doing so, Noah Arc Community Development Corporation Inc plays a crucial role in promoting equal opportunities and fostering a sense of community among its residents.
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Impact
July, 2024
Noah Arc Community Development Corporation Inc's impact is evident in its mission to provide affordable housing to low-income families in Minden, LA. By focusing on this key issue, the organization directly addresses the critical need for housing security among vulnerable populations. Through its dedicated efforts, Noah Arc Community Development Corporation Inc positively impacts the lives of individuals and families by ensuring they have a safe and stable place to call home, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Noah Arc Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,210,415
Assets and Liabilities:
- Total Assets: $6,744,243
- Total Liabilities: $443,972
- Net Assets: $6,300,271
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Organization Details
Founding Year
2012
Principal Officer
Rick Sims
Main Address
420 WALNUT ST, Minden, LA, 71055
Website
www.noaharccdc.comNTEE Category
Code: X12 - Religion related
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