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Jefferson Terrace Village Of New Iberia Inc

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

EIN: 581998511 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

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Overview

What is Jefferson Terrace Village Of New Iberia Inc?

Jefferson Terrace Village of New Iberia Inc is a nonprofit organization situated in New Iberia, Louisiana. Their primary mission, as stated under Section 222(B)(3) of the National Housing Act, is to provide affordable housing for individuals with low income. Operating under Section 811/Section 8 of this act, the organization manages a 20-unit apartment complex in the area, offering housing on a non-profit basis. This commitment to social welfare and affordable housing is a significant contribution to the local community.

Is Jefferson Terrace Village Of New Iberia Inc legitimate?

Jefferson Terrace Village Of New Iberia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson Terrace Village Of New Iberia 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: $16,852

For more financial information, click here

What is the mission statement of Jefferson Terrace Village Of New Iberia Inc?

Jefferson Terrace Village of New Iberia Inc is committed to providing affordable housing for individuals with low income, operating on a non-profit basis. This is in accordance with Section 222(B)(3) of the National Housing Act. The organization's primary goal is to offer housing solutions with the intention of making a positive impact on the lives of those in need. The project itself is a 20-unit apartment complex, managed under Section 811/Section 8 of the National Housing Act. This community provides a safe and suitable living environment for individuals who may not have access to such accommodations otherwise.

Who is the CEO of Jefferson Terrace Village Of New Iberia Inc?

Bishop J Douglas Deshotel is the President of Jefferson Terrace Village Of New Iberia Inc.

What is the revenue of Jefferson Terrace Village Of New Iberia Inc?

Jefferson Terrace Village Of New Iberia Inc's revenue in 2022 was $136,393.

Who are the executives of Jefferson Terrace Village Of New Iberia Inc and what are their salaries?


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
Mrs Maureen K 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 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon Jeff Trumps (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jefferson Terrace Village Of New Iberia Inc?

Jefferson Terrace Village Of New Iberia Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jefferson Terrace Village Of New Iberia Inc

Jefferson Terrace Village of New Iberia Inc, as a non-profit organization, is dedicated to providing low-income housing, adhering to Section 222(B)(3) of the National Housing Act. This mission translates into offering safe and affordable living spaces to individuals with limited financial resources. The organization operates under the auspices of both Section 811 and Section 8 of the National Housing Act, ensuring that the standards of living for its residents are maintained at a decent level. By providing such housing, Jefferson Terrace Village of New Iberia Inc contributes significantly to the well-being of its community, offering a vital service that is essential for individuals and families seeking a stable living environment.

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Impact




October, 2024

Jefferson Terrace Village Of New Iberia Inc significantly enhances the community by providing low-income housing options for individuals and families in need. Located in New Iberia, Louisiana, this 20-unit apartment complex offers affordable living arrangements under the provisions of Section 811/Section 8 of the National Housing Act.

By ensuring access to safe and stable housing, the organization plays a critical role in improving the quality of life for its residents, promoting community stability, and fostering economic empowerment. Residents benefit from having a secure living environment, which can lead to better health outcomes, increased educational opportunities, and enhanced overall well-being.

The impact of Jefferson Terrace extends beyond housing; it contributes to the socio-economic fabric of New Iberia by alleviating the burdens of housing costs for low-income families, promoting inclusive community growth, and inspiring hope for a better future.




This information is meant to be a general summary of Jefferson Terrace Village Of New Iberia 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.

Revenue
$136,393 (2022)
Expenses
$166,181 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $44,129
  • Gross Receipts: $136,393

Assets and Liabilities:

  • Total Assets: $418,384
  • Total Liabilities: $19,749
  • Net Assets: $398,635

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Programs

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

RENT REVENUE

Revenue

$44,129

Organization Details

Founding Year

1992

Principal Officer

Bishop J Douglas Deshotel

Main Address

PO BOX 62190, LAFAYETTE, LA, 70596

NTEE Category

Code: L20Z - Housing

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