Overview
What is Notre Dame De La Mer Inc?
Notre Dame De La Mer Inc is a nonprofit organization situated in Biloxi, Mississippi, with an address at 1790 Popps Ferry Road. Their primary mission is to provide affordable housing for the elderly and handicapped, aligning with Section 202 of the National Housing Act. By doing so, they aim to enhance the quality of life for these individuals, offering them a secure living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (52%)
Notre Dame De La Mer Inc has received a one-star rating from Charity Navigator, reflecting a score of 52%. This rating indicates significant concerns in areas of accountability and financial management, particularly regarding the governance structure. The organization lacks independent board members, which raises questions about oversight and decision-making processes.
Despite some strengths in financial statements and having no material diversion of assets, the nonprofit faces serious limitations. It does not have essential policies in place, such as a conflict of interest policy and a whistleblower policy, which are key for ethical governance. Furthermore, the absence of a listed website on their tax form and missing documentation on their website further diminish their credibility.
While the organization does allocate a high percentage of its expenses towards programs, at 97.75%, the overall financial health is concerning, with a liabilities to assets ratio of 176.27%. This may indicate financial instability, which potential donors and supporters should be aware of when considering engagement with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Notre Dame De La Mer Inc legitimate?
Notre Dame De La Mer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Notre Dame De La Mer 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:
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Other Salaries and Wages: $39,575
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What is the mission statement of Notre Dame De La Mer Inc?
Notre Dame De La Mer Inc is committed to providing affordable housing solutions for the elderly and handicapped. As per their mission, they operate Caritas Manor, Inc. under Section 202 of the National Housing Act, to offer residential facilities for these specific groups of individuals. Their primary goal is to ensure that these vulnerable sections of society have access to suitable and economical living spaces. By providing affordable housing, Notre Dame De La Mer Inc aims to improve the quality of life for its residents and offer them a comfortable living environment.
Who is the CEO of Notre Dame De La Mer Inc?
Gregory Crapo is the President of Notre Dame De La Mer Inc.
What is the revenue of Notre Dame De La Mer Inc?
Notre Dame De La Mer Inc's revenue in 2023 was $618,025.
Who are the executives of Notre Dame De La Mer Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Notre Dame De La Mer Inc?
Notre Dame De La Mer Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Notre Dame De La Mer Inc
Notre Dame De La Mer Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and individuals with disabilities. In line with its mission, it operates Caritas Manor, Inc., which falls under Section 202 of the National Housing Act, as amended. This operation involves offering housing for families who fall into these categories, ensuring that they have a safe and affordable living space. The nonprofit's commitment to this cause is evident in its operations, aiming to make a significant difference in the lives of those who require such housing.
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Impact
July, 2024
Notre Dame De La Mer Inc has a significant impact on the community by providing affordable housing for the elderly and handicapped in Biloxi, MS. Their mission to offer these individuals a safe and comfortable living environment is vital in ensuring their well-being and quality of life. By operating Caritas Manor, Inc. under Section 202 of the National Housing Act, Notre Dame De La Mer Inc addresses the critical need for housing support for vulnerable populations. Through their efforts, they contribute to creating a more inclusive and supportive community for those in need.
This information is meant to be a general summary of Notre Dame De La Mer 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 2023.
- Investment Income: $827
- Program Service Revenue: $618,198
- Gross Receipts: $618,025
Assets and Liabilities:
- Total Assets: $1,556,550
- Total Liabilities: $2,743,748
- Net Assets: -$1,187,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$595,694
OTHER INCOME
Revenue
$22,504
Organization Details
Founding Year
1985
Phone
(228) 897-2280Principal Officer
Gregory Crapo
Main Address
1790 POPPS FERRY ROAD, BILOXI, MS, 39532
NTEE Category
Code: L22Z - Housing
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