Overview
What is St Katharine Drexel Manor Inc?
St. Katharine Drexel Manor Inc. is a nonprofit organization situated in Lafayette, Louisiana. Their primary mission revolves around providing subsidized housing to individuals of low income, functioning under the auspices of the Roman Catholic Diocese of Lafayette, Louisiana. This housing service is made possible through the U.S. Department of Housing and Urban Development (HUD).
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
St Katharine Drexel Manor Inc has received a solid Three-Star rating on Charity Navigator, indicating a strong performance in accountability and finance. The organization's overall score is particularly impressive, as it is based entirely on a single beacon score, which reflects its commitment to transparency and responsible financial management. This rating is notably derived from the Most Recent Fiscal Year, FY2023.
The nonprofit excels in several key areas, including having a fully independent board and a high program expense ratio of 91.24%. This suggests that a significant portion of their funds is being directed toward programs rather than administrative costs. Additionally, it has implemented effective governance practices, evidenced by a well-documented conflict of interest policy and thorough record-keeping.
While the organization shows notable strengths, the rating does not provide specific information on program outcomes or community impact, which are also important aspects of a nonprofit's overall effectiveness. Nonetheless, St Katharine Drexel Manor Inc demonstrates strong financial health and governance, positioning it as a responsible choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is St Katharine Drexel Manor Inc legitimate?
St Katharine Drexel Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Katharine Drexel Manor 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: $16,793
For more financial information, click here
What is the mission statement of St Katharine Drexel Manor Inc?
St. Katharine Drexel Manor Inc. is an organization that offers subsidized housing to low-income individuals, operating under the auspices of the Roman Catholic Diocese of Lafayette, LA. Its primary mission is to provide affordable living spaces, ensuring that individuals in need have access to suitable housing. The organization's activities are guided by the values and resources of the Roman Catholic Diocese, aiming to contribute positively to the community. While St. Katharine Drexel Manor Inc. does not have a mission statement in the traditional sense, its purpose can be understood as providing a vital service by offering housing solutions to those in financial need.
Who is the CEO of St Katharine Drexel Manor Inc?
Bishop J Douglas Deshotel is the President of St Katharine Drexel Manor Inc.
What is the revenue of St Katharine Drexel Manor Inc?
St Katharine Drexel Manor Inc's revenue in 2022 was $174,308.
Who are the executives of St Katharine Drexel Manor Inc and what are their salaries?
There 7 volunteers at St Katharine Drexel Manor Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Katharine Drexel Manor Inc?
St Katharine Drexel Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Katharine Drexel Manor Inc
St. Katharine Drexel Manor Inc is an organization that serves a significant role in providing housing solutions for individuals with limited income. Operating under the auspices of the Roman Catholic Diocese of Lafayette, LA, the nonprofit provides HUD-subsidized housing. This mission is crucial in offering a stable living environment to those in need, thus contributing positively to their overall well-being. The organization's primary focus is on providing affordable housing, ensuring that low-income individuals have access to decent and safe living spaces, thereby enhancing their quality of life.
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Impact
October, 2024
St. Katharine Drexel Manor Inc significantly impacts the community by providing HUD-subsidized housing to low-income individuals in Lafayette, LA. By offering affordable housing options under the guidance of the Roman Catholic Diocese of Lafayette, the organization helps alleviate the financial burdens faced by vulnerable populations. This support not only provides residents with stability and security but also fosters a sense of community and belonging. The effort to meet the housing needs of low-income individuals directly contributes to improved quality of life, enhances access to essential services, and promotes socioeconomic development within the region.
This information is meant to be a general summary of St Katharine Drexel Manor 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.
- Investment Income: $115
- Program Service Revenue: $53,154
- Gross Receipts: $174,308
Assets and Liabilities:
- Total Assets: $1,002,022
- Total Liabilities: $24,553
- Net Assets: $977,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$53,154
Organization Details
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L21 - Housing
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