Overview
What is Ragin' Cajun Facilities Inc Attention Scott Hebert?
Ragin' Cajun Facilities Inc, Attention Scott Hebert, is a nonprofit organization dedicated to supporting the educational mission of the University of Louisiana at Lafayette. Established in Lafayette, Louisiana, the organization has significantly contributed to the campus infrastructure by providing student housing, including a 468-bed apartment complex and several residence halls. Construction projects were completed between 2010 and 2020, including new residence halls, parking garages, and improvements to athletic facilities, such as Cajun Field Stadium, the Student Union, and the baseball stadium. The organization's efforts aim to benefit the University of Louisiana at Lafayette by engaging in various lawful activities, as required by Section 501(c)(3) of the IRS Code.
Official website here: www.ragincajunfacilities.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Ragin' Cajun Facilities Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 81% overall, with the rating based entirely on its accountability and finance metrics. This score reflects a commitment to transparency and responsible financial practices, particularly in areas such as having an independent board and maintaining comprehensive policies regarding conflict of interest and whistleblower protections.
Strengths highlighted in the evaluation include the organization's 100% independent board membership and strong financial oversight, evidenced by a complete audit of financial statements. Additionally, Ragin' Cajun Facilities Inc has demonstrated effective management of its program expenses, with 100% of expenditures directed towards its mission. These factors contribute positively to its overall score and reflect well on its operational integrity.
However, one area of concern is the organization's liability to assets ratio, which scored 0 out of 15 points. This indicates potential financial vulnerability, suggesting that while the organization is well-managed, it may face challenges related to asset management and long-term financial sustainability. Overall, the charity is viewed as reliable, but stakeholders should consider this limitation when evaluating its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Ragin' Cajun Facilities Inc Attention Scott Hebert legitimate?
Ragin' Cajun Facilities Inc Attention Scott Hebert is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ragin' Cajun Facilities Inc Attention Scott Hebert 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: $0
For more financial information, click here
Official website here: www.ragincajunfacilities.com
What is the mission statement of Ragin' Cajun Facilities Inc Attention Scott Hebert?
Ragin' Cajun Facilities Inc, an organization adhering to Section 501(C)(3) of the IRS Code, is dedicated to promoting, assisting, and benefiting the educational mission of a university. Through lawful activities, the corporation is committed to enhancing the university's infrastructure and providing essential facilities.
The organization has contributed significantly to the university by constructing student housing complexes, such as the Legacy Park Apartment Complex, adding units in 2010. Furthermore, they have completed various projects like residence halls, parking garages, and sports facilities between 2012 and 2020. Improvements to stadiums and the student union have also been carried out.
In the fiscal years ending in 2016, 2018, and 2020, Ragin' Cajun Facilities Inc undertook projects to enhance the university's facilities, including a baseball stadium and student housing and parking project. These projects aimed to improve the overall student experience and support the educational mission of the university.
The organization's efforts extend beyond just construction projects. Improvements to the university's Cajundome facility were made during 2020, 2021, and 2022, further bolstering the institution's infrastructure and capabilities.
Official website here: www.ragincajunfacilities.com
Who is the CEO of Ragin' Cajun Facilities Inc Attention Scott Hebert?
David K Fontenot is the Chairman/Director of Ragin' Cajun Facilities Inc Attention Scott Hebert.
Official website here: www.ragincajunfacilities.com
What is the revenue of Ragin' Cajun Facilities Inc Attention Scott Hebert?
Ragin' Cajun Facilities Inc Attention Scott Hebert's revenue in 2023 was $22,381,265.
Official website here: www.ragincajunfacilities.com
Who are the executives of Ragin' Cajun Facilities Inc Attention Scott Hebert and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.ragincajunfacilities.com
Where can I find the form 990 for Ragin' Cajun Facilities Inc Attention Scott Hebert?
Ragin' Cajun Facilities Inc Attention Scott Hebert's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ragincajunfacilities.com
Learn more at the official website: www.ragincajunfacilities.com
Mission Statement of Ragin' Cajun Facilities Inc Attention Scott Hebert
Ragin' Cajun Facilities Inc Attention Scott Hebert is a nonprofit corporation dedicated to promoting, assisting, and benefiting the educational mission of the University of Louisiana at Lafayette. In pursuit of this mission, the organization engages in lawful activities permitted for section 501(C)(3) nonprofits.
One of the significant ways Ragin' Cajun Facilities Inc has supported the University of Louisiana at Lafayette is by providing student housing. They have completed construction on various apartment complexes, adding hundreds of beds to accommodate students. For instance, during the fiscal year ended June 30, 2012, they finished the second phase of the Legacy Park Apartment Complex and added additional units. In the fiscal year ended June 30, 2014, they completed construction on two new residence halls and a parking garage. Furthermore, they renovated four residence halls and constructed a six-level parking garage.
In addition to student housing, Ragin' Cajun Facilities Inc has also focused on improving the University's facilities. For example, during the fiscal year ended June 30, 2015, they completed improvements to Cajun Field Stadium and opened a new student union. They also finished the track and soccer facilities and the athletic practice facility that same year. Construction on a new baseball stadium began in the fiscal year ended June 30, 2018, and was completed in 2018. Additionally, they started work on a new student housing and parking project located in Lafayette, Louisiana, which was officially completed in 2020. Renovations to the University's Cajundome facility were also made during 2020, 2021, and 2022.
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Impact
October, 2024
Ragin' Cajun Facilities Inc, under the leadership of Scott Hebert, has made a significant impact on the educational landscape of the University of Louisiana at Lafayette. The organization has focused on expanding and enhancing student housing and campus facilities, facilitating a more conducive environment for learning and student life.
The completion of various housing projects, including the 468-bed Legacy Park apartment complex and additional residence halls, has increased accommodation options for students, addressing the growing demand for on-campus living. These developments not only provide modern amenities but also foster a sense of community among students.
With significant investments in campus infrastructure, such as the construction of new residence halls, parking facilities, and improvements to Cajun Field Stadium and the Cajundome, the organization has played a crucial role in creating a vibrant campus environment that supports both academic and extracurricular activities. The recent construction of a new baseball stadium and the renovation of existing facilities reflect the commitment to enhancing the overall student experience.
By prioritizing the needs of students and aligning development projects with the university's mission, Ragin' Cajun Facilities Inc has positively influenced the educational journey of many students. This impact is not only seen in improved facilities but also in the potential for increased student satisfaction and retention rates, contributing to the university's growth and success.
This information is meant to be a general summary of Ragin' Cajun Facilities Inc Attention Scott Hebert. 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: $244,846
- Program Service Revenue: $15,956,848
- Gross Receipts: $22,381,265
Assets and Liabilities:
- Total Assets: $255,803,741
- Total Liabilities: $246,469,579
- Net Assets: $9,334,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - STUDENT HOUSING
Revenue
$15,956,848
Organization Details
Founding Year
2001
Phone
(337) 482-5833Principal Officer
David K Fontenot
Main Address
100 E VERMILION STREET STE 400, LAFAYETTE, LA, 70501
Website
www.ragincajunfacilities.comNTEE Category
Code: L40 - Housing
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