Overview
What is St Rita's Of Lafayette?
St. Rita's of Lafayette is a nonprofit organization situated in Lafayette, Louisiana. Operating on a non-profit basis as per Section 222(B)(3) of the National Housing Act, their primary focus is providing low-income housing. This commitment to social welfare is evident in their mission, which is to make a difference in the lives of those in need of affordable housing. The organization, known as St. Gertrude Manor in some contexts, contributes to the community by offering housing solutions to individuals and families who fall under the low-income bracket.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
St Rita's of Lafayette has achieved an impressive rating of 94%, which reflects its strong performance in accountability and finance. The rating is based entirely on a single beacon score, showcasing the charity's commitment to maintaining high standards in its financial practices. A significant aspect of the rating is the charity’s entirely independent board, consisting of 100% independent members, indicating strong governance.
The organization has demonstrated solid financial health with a low liabilities-to-assets ratio of 7.34%, ensuring financial stability and sustainability. Additionally, a noteworthy 88.11% of its expenses are directed toward programs, indicating a strong focus on its mission rather than administrative costs. Policies regarding conflicts of interest, whistleblower protections, and document retention are in place and well-maintained, further enhancing the organization's accountability.
While St Rita's of Lafayette excels in various areas, the data does not highlight any specific limitations or areas for improvement, which suggests a well-managed nonprofit. Overall, this organization stands out for its governance and financial responsibility, making it a trustworthy option for donors seeking to support impactful charities.
This AI summary has been generated from information found on Charity Navigator.
Is St Rita's Of Lafayette legitimate?
St Rita's Of Lafayette is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Rita's Of Lafayette 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: $16,434
For more financial information, click here
What is the mission statement of St Rita's Of Lafayette?
St. Rita's of Lafayette is committed to providing low-income housing on a non-profit basis, in line with Section 222(B)(3) of the National Housing Act. This organization's mission is centered around making affordable housing available to those in need, operating under a non-profit framework. By doing so, St. Rita's of Lafayette contributes to the betterment of the community by providing a vital resource for individuals with limited financial means. Their work aligns with the national act, aiming to make a difference in housing accessibility for a significant portion of the population.
Who is the CEO of St Rita's Of Lafayette?
Bishop J Douglas Deshotel is the President of St Rita's Of Lafayette.
What is the revenue of St Rita's Of Lafayette?
St Rita's Of Lafayette's revenue in 2022 was $174,273.
Who are the executives of St Rita's Of Lafayette and what are their salaries?
There 7 volunteers at St Rita's Of Lafayette.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Rita's Of Lafayette?
St Rita's Of Lafayette's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Rita's Of Lafayette
St. Rita's of Lafayette is a non-profit organization that is dedicated to providing low-income housing. In compliance with Section 222(B)(3) of the National Housing Act, this organization offers housing on a not-for-profit basis. St. Rita's aims to serve individuals and families who are economically disadvantaged, providing them with a place to call home. The organization's mission is rooted in the belief that everyone deserves a safe and affordable living space, regardless of their financial circumstances. By offering low-income housing, St. Rita's of Lafayette contributes to the well-being of its community, providing a stable foundation for those in need.
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Impact
October, 2024
St. Rita's of Lafayette addresses critical housing needs by providing low-income housing options to individuals and families in Lafayette, LA. Through its dedicated efforts, the organization helps alleviate the burden of housing instability, creating secure and safe living environments for those in need. By adhering to the guidelines set forth in the National Housing Act, St. Rita's ensures that vulnerable populations have access to affordable housing, fostering a sense of community and support.
The organization's impact extends beyond mere shelter; it contributes to the overall well-being of participants, helping them achieve stability and independence. By promoting accessible housing, St. Rita's plays a vital role in enhancing the quality of life in Lafayette, enabling residents to focus on other priorities such as employment, education, and health, ultimately breaking the cycle of poverty.
This information is meant to be a general summary of St Rita's Of Lafayette. 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: $66
- Program Service Revenue: $56,350
- Gross Receipts: $174,273
Assets and Liabilities:
- Total Assets: $570,717
- Total Liabilities: $24,261
- Net Assets: $546,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - GROSS POTENTIA
Revenue
$56,350
Organization Details
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L20Z - Housing
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