Overview
What is St Agnes Manor Inc?
St. Agnes Manor Inc is a nonprofit organization situated in Lafayette, Louisiana. Their primary mission is to address the housing needs of the community by operating a HUD-subsidized low-income housing complex. By providing this service, they aim to assist individuals and families who require affordable housing. The organization's work contributes significantly to the local community, helping meet its housing requirements.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
St Agnes Manor Inc has earned a commendable Three-Star rating from Charity Navigator, reflecting strong accountability and financial health. The charity's overall score is derived solely from its Accountability & Finance metrics, indicating a solid commitment to responsible governance. The organization has achieved a perfect score in several key areas, including having a fully independent board and a transparent conflict of interest policy.
Strengths of St Agnes Manor include its outstanding program expense ratio of 89.21%, demonstrating that a significant portion of its funds directly supports its mission. The charity also has no reported material diversion of assets, which further underscores its financial integrity. Additionally, the charity’s document retention policies and board meeting minutes are well-maintained, indicating a high level of operational transparency.
While the organization shows exceptional strengths in accountability, the single beacon score approach can be seen as a limitation, as it does not encompass a broader range of performance metrics. However, the strong financial ratios suggest a robust operational model that effectively utilizes its resources to benefit those it serves. Overall, St Agnes Manor Inc appears to be a reliable nonprofit organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Agnes Manor Inc legitimate?
St Agnes Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Agnes 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: $10,756
For more financial information, click here
What is the mission statement of St Agnes Manor Inc?
St. Agnes Manor Inc. operates a HUD-subsidized low-income housing complex to cater to the housing needs of the community. The organization's primary mission is to provide affordable housing options, thereby assisting individuals and families who may otherwise struggle to secure suitable living arrangements due to financial constraints. By operating this housing complex, St. Agnes Manor Inc. plays a crucial role in alleviating housing-related challenges within the community, thereby contributing to a more stable and inclusive living environment for its residents.
Who is the CEO of St Agnes Manor Inc?
Bishop J Douglas Deshotel is the President of St Agnes Manor Inc.
What is the revenue of St Agnes Manor Inc?
St Agnes Manor Inc's revenue in 2022 was $115,513.
Who are the executives of St Agnes Manor Inc and what are their salaries?
There 7 volunteers at St Agnes Manor Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Agnes Manor Inc?
St Agnes Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Agnes Manor Inc
St. Agnes Manor Inc is committed to addressing the housing needs of the community by operating a HUD-subsidized low-income housing complex. This organization's mission is to provide affordable housing options, aiming to assist individuals and families who may be struggling with housing expenses. By operating this complex, St. Agnes Manor Inc plays a significant role in alleviating housing-related stress and enabling residents to focus on other aspects of their lives. The organization's housing complex is designed to meet the needs of the community, offering a subsidized living arrangement that is essential in helping those in need secure a stable living situation.
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Impact
October, 2024
St. Agnes Manor Inc significantly impacts the Lafayette community by providing access to affordable housing for low-income residents. By operating a HUD-subsidized housing complex, it addresses the critical need for safe and stable living conditions. This initiative not only alleviates the financial burden on families but also fosters a sense of community, promoting stability and well-being among its residents. Through its efforts, St. Agnes Manor enhances the overall quality of life in the area, ensuring that those in need have a place to call home.
This information is meant to be a general summary of St Agnes 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: $34
- Program Service Revenue: $41,125
- Gross Receipts: $115,513
Assets and Liabilities:
- Total Assets: $747,230
- Total Liabilities: $13,906
- Net Assets: $733,324
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$41,125
Organization Details
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L22 - Housing
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