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New Iberia Housing Corporation

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

EIN: 581940089 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

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Overview

What is New Iberia Housing Corporation?

New Iberia Housing Corporation is a nonprofit organization, situated in Lafayette, Louisiana. Their primary mission, as stated in the National Housing Act, is to provide affordable housing options for individuals with low income. They operate on a non-profit basis, adhering to Section 222(B)(3) of the act. This commitment to affordable housing is their main activity and purpose.

Is New Iberia Housing Corporation legitimate?

New Iberia Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Iberia Housing Corporation 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: $18,691

For more financial information, click here

What is the mission statement of New Iberia Housing Corporation?

The New Iberia Housing Corporation, as a non-profit entity, is committed to providing affordable housing options for individuals with low income. This is in accordance with Section 222(B)(3) of the National Housing Act. The organization's primary objective is to make housing accessible to those who may struggle financially, contributing to a more equitable living situation for these individuals. The corporation operates on a non-profit basis, ensuring that its services are driven by the needs of the community rather than profit motives.

Who is the CEO of New Iberia Housing Corporation?

Bishop J Douglas Deshotel is the President of New Iberia Housing Corporation.

What is the revenue of New Iberia Housing Corporation?

New Iberia Housing Corporation's revenue in 2022 was $168,508.

Who are the executives of New Iberia Housing Corporation and what are their salaries?

There 7 volunteers at New Iberia Housing Corporation.


Here are 7 key members and their salaries:


Very Reverend Ken Broussard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop J Douglas Deshotel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Fontenot (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon Jim Kincel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monsignor W Curtis Mallet (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Very Reverend Jared G Suire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon Jeff Trumps (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Iberia Housing Corporation?

New Iberia Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Iberia Housing Corporation

New Iberia Housing Corporation, as a non-profit organization, is dedicated to providing low-income housing in accordance with Section 222(B)(3) of the National Housing Act. This mission of theirs is geared towards addressing the housing needs of individuals with limited financial resources, offering them a place to call home on a charitable basis. By providing low-income housing, New Iberia Housing Corporation contributes to the betterment of its community, ensuring that everyone has access to safe and suitable living conditions, regardless of their financial situation.

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Impact




October, 2024

New Iberia Housing Corporation plays a crucial role in addressing the housing needs of low-income individuals and families in the Lafayette area, specifically by providing affordable housing options. By focusing on low-income housing in accordance with Section 222(B)(3) of the National Housing Act, the organization helps to alleviate the burden of housing costs for those who may struggle to find suitable accommodations in the private market.

The impact of New Iberia Housing Corporation extends beyond simply providing shelter; it fosters stability and enhances the quality of life for its residents. Access to affordable housing can lead to improved health outcomes, educational opportunities, and economic stability. By ensuring that families have a place to call home, the organization contributes to stronger, more resilient communities in Lafayette and the surrounding areas.

Additionally, the efforts of the New Iberia Housing Corporation help to combat homelessness and housing insecurity, which are pressing issues faced by many residents. Their commitment to low-income housing addresses urgent needs while promoting inclusivity and diversity within the local community. The organization serves as a vital resource, empowering individuals and families to secure their housing futures and pursue their personal and professional goals.




This information is meant to be a general summary of New Iberia Housing Corporation. 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
$168,508 (2022)
Expenses
$178,193 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91
  • Program Service Revenue: $61,838
  • Gross Receipts: $168,508

Assets and Liabilities:

  • Total Assets: $546,938
  • Total Liabilities: $16,121
  • Net Assets: $530,817

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Programs

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

RENT REVENUE

Revenue

$61,838

Organization Details

Principal Officer

Bishop J Douglas Deshotel

Main Address

PO BOX 62190, LAFAYETTE, LA, 70596

NTEE Category

Code: L80Z - Housing

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