Overview
What is Dubourg Home?
Dubourg Home, doing business as Place Dubourg Apartments, is a nonprofit organization located in New Orleans, Louisiana. Their primary mission is to provide housing for elderly and disabled individuals and families, adhering to Section 207/223(F) of the National Housing Act. They operate under an agreement with the Department of HUD, ensuring they meet the necessary standards for this demographic. Their housing services aim to provide a safe and supportive living environment, contributing positively to the well-being of the community's elderly and disabled population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Dubourg Home Dba Place Dubourg Apartments has received a Two-Star rating from Charity Navigator, indicating that it has some strengths but also significant areas for improvement. The organization demonstrates strong accountability and finance practices, particularly with a 100% independent board and solid financial oversight, earning full points for its audit and oversight committee as well as its conflict of interest policy.
However, the organization has notable weaknesses, including a high liabilities to assets ratio of 157.94%, which raises concerns about its financial stability. Additionally, the lack of a whistleblower policy and missing information on its website, such as tax forms, contributes to a lower overall score. Despite these limitations, the organization allocates a significant portion of its expenses to programs, with an impressive program expense ratio of 93.07%.
This AI summary has been generated from information found on Charity Navigator.
Is Dubourg Home legitimate?
Dubourg Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dubourg Home 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: $232,020
For more financial information, click here
What is the mission statement of Dubourg Home?
Dubourg Home, operating as Place Dubourg Apartments, is committed to providing housing for elderly and disabled individuals and families. Their mission is carried out under Section 207/223(F) of the National Housing Act, in partnership with the Department of HUD. This housing organization aims to offer a living space that caters to the unique needs of this specific demographic, ensuring they have a suitable and comfortable environment to call home.
Who is the CEO of Dubourg Home?
Deacon Dennis F Adams is the Secretary of Dubourg Home.
What is the revenue of Dubourg Home?
Dubourg Home's revenue in 2022 was $1,343,816.
Who are the executives of Dubourg Home and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $134,458
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dubourg Home?
Dubourg Home's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dubourg Home
Dubourg Home Dba Place Dubourg Apartments, as a nonprofit organization, is committed to providing housing for elderly and disabled individuals and families. This mission is carried out under Section 207/223(F) of the National Housing Act, and it operates under an agreement with the Department of HUD. The organization's primary goal is to offer a safe and supportive living environment for those who may require additional assistance due to age or disability. By doing so, Dubourg Home Dba Place Dubourg Apartments contributes to enhancing the quality of life for its residents, enabling them to maintain their independence and dignity. The organization's housing services are a vital resource for the community, providing a much-needed solution for elderly and disabled individuals who may be facing housing challenges.
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Impact
July, 2024
Dubourg Home Dba Place Dubourg Apartments provides essential housing for elderly and disabled individuals and families under Section 207/223(f) of the National Housing Act through an agreement with the Department of Housing and Urban Development (HUD). By offering safe and affordable housing options, this organization serves a crucial role in supporting vulnerable populations in New Orleans, Louisiana. Their impact can be seen in providing stable living environments for those who may face challenges in securing appropriate housing due to age or disability. Through their mission-focused work, Dubourg Home Dba Place Dubourg Apartments contributes to enhancing the quality of life and well-being of its residents.
This information is meant to be a general summary of Dubourg Home. 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: $986
- Program Service Revenue: $1,342,830
- Gross Receipts: $1,343,816
Assets and Liabilities:
- Total Assets: $2,636,700
- Total Liabilities: $4,202,969
- Net Assets: -$1,566,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$1,307,270
PPP LOAN FORGIVENESS
Revenue
$35,560
Organization Details
Founding Year
1978
Phone
(504) 596-3460Principal Officer
Deacon Dennis F Adams
Main Address
2729 LOWERLINE STREET, NEW ORLEANS, LA, 701253530
NTEE Category
Code: L21 - Housing
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