Overview
What is Terrebonne Council On Aging Inc?
Terrebonne Council On Aging Inc, located in Houma, Louisiana, is a nonprofit organization committed to enhancing the lives of the elderly in Terrebonne Parish. Funded under Title III, their mission is to deliver essential social and nutritional services to older adults. This includes covering administrative costs and providing services such as transportation, outreach, ombudsman support, recreation, congregate and home-delivered meals, and more. The council's primary goal is to promote the welfare of the elderly community in their parish. With a dedicated workforce of 83 individuals, they cater to the social and economic needs of low-income, minority, disabled, handicapped, and at-risk elderly residents in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Terrebonne Council On Aging Inc has earned an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's high score of 94% indicates effective management of resources, with all aspects of its financial practices meeting rigorous standards.
Strengths highlighted include a fully independent board and an excellent program expense ratio of 88.68%, which suggests that a substantial majority of its expenses directly support its mission. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblowing, and document retention, further demonstrating its dedication to transparency and ethical governance.
While the organization displays robust financial management and compliance, the summary does not indicate any specific areas for improvement or limitations noted in the data. Overall, Terrebonne Council On Aging Inc appears to be a reliable nonprofit focused on serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Terrebonne Council On Aging Inc legitimate?
Terrebonne Council On Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terrebonne Council On Aging 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: $418,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,161,971
For more financial information, click here
What is the mission statement of Terrebonne Council On Aging Inc?
The Terrebonne Council On Aging Inc's mission is centered around enhancing the welfare of the elderly in their community. This organization provides social services to socially and economically disadvantaged, low-income, minority, handicapped, disabled, and at-risk elderly residents. Their mission is carried out through various initiatives, including offering social and nutrition services, covering administrative costs, and providing services such as transportation, outreach, ombudsman, recreation, congregate, and home-delivered meals. The council's goal is to contribute positively to the well-being of the elderly population within their jurisdiction.
Who is the CEO of Terrebonne Council On Aging Inc?
Michel Claudet is the Chairman of Terrebonne Council On Aging Inc.
What is the revenue of Terrebonne Council On Aging Inc?
Terrebonne Council On Aging Inc's revenue in 2022 was $4,872,983.
Who are the executives of Terrebonne Council On Aging Inc and what are their salaries?
The average compensation at Terrebonne Council On Aging Inc during 2022 was $31,094. There are 83 employees at Terrebonne Council On Aging Inc.
Here are 15 key members and their salaries:
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- Compensation: $408,091
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- Other: $35,668
- Compensation: $10,769
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Where can I find the form 990 for Terrebonne Council On Aging Inc?
Terrebonne Council On Aging Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Terrebonne Council On Aging Inc
Terrebonne Council On Aging Inc is committed to promoting the welfare and delivering essential services to the elderly residing in Terrebonne Parish, Louisiana. Their mission is twofold: firstly, they provide social services to socially and economically disadvantaged elderly individuals, including low-income minority, handicapped, disabled, and at-risk elderly residents. Secondly, they oversee the implementation of Title III programs, which are designed to cover administrative costs and the provision of various services such as transportation, outreach, ombudsman, recreation, congregate and home-delivered meals, and more. Through these initiatives, Terrebonne Council On Aging Inc aims to improve the quality of life for the elderly population in their community, ensuring they have access to the necessary support and resources they need to live with dignity and independence.
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Impact
July, 2024
Terrebonne Council On Aging Inc's impact is significant in promoting the welfare and delivery of services to the elderly of the parish through their programs and initiatives. They provide social and nutrition services to older Americans, addressing the needs of socially and economically needy, low-income minority, handicapped, disabled, and at-risk elderly residents of Terrebonne Parish, Louisiana. Their services include transportation, outreach, ombudsman support, recreation, congregate and home-delivered meals, among others. Their mission focuses on ensuring the well-being and quality of life for the elderly population they serve.
This information is meant to be a general summary of Terrebonne Council On Aging 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 2022.
- Investment Income: $39,670
- Program Service Revenue: $1,001
- Gross Receipts: $4,872,983
Assets and Liabilities:
- Total Assets: $26,013,707
- Total Liabilities: $6,120,140
- Net Assets: $19,893,567
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,001
Organization Details
Founding Year
1975
Phone
(985) 868-8411Principal Officer
Michel Claudet
Main Address
995 WEST TUNNEL BOULEVARD, HOUMA, LA, 70360
NTEE Category
Code: P81Z - Human services
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