Overview
What is Institute For Indian Development Inc?
The Institute for Indian Development Inc., located in Houma, Louisiana, is a nonprofit organization committed to empowering senior individuals. Their primary objective is to foster economic self-sufficiency among unemployed low-income individuals aged 55 or older, particularly those with limited employment prospects. They achieve this by offering meaningful part-time training opportunities in community service activities. Beyond this, the organization is dedicated to serving Native Americans residing in Louisiana. Its mission encompasses educational, cultural development, charitable literacy, and scientific research purposes, aiming to uplift and benefit this specific community. The organization currently employs 214 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Institute For Indian Development Inc has earned a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. With a score of 86%, the organization demonstrates strong governance practices, including a fully independent board and rigorous oversight of financial statements. The absence of any material diversion of assets further highlights its commitment to maintaining organizational integrity.
One of the notable strengths of the Institute is its high program expense ratio of 90.40%, indicating that a significant portion of its expenses is directed towards its programs rather than administrative costs. This efficient allocation of resources suggests that the nonprofit is effectively fulfilling its mission and serving its target community.
While the overall rating is positive, potential donors may want to consider the overall financial health of the organization, as indicated by the liabilities to assets ratio of 32.44%. This ratio suggests a moderate level of debt relative to its assets, which could be an area for further exploration before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Indian Development Inc legitimate?
Institute For Indian Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Indian Development 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: $74,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,568,224
For more financial information, click here
What is the mission statement of Institute For Indian Development Inc?
The Institute for Indian Development Inc. is dedicated to serving Native Americans residing in Louisiana, with a focus on promoting educational, cultural development, charitable literacy, and scientific research purposes. In line with this mission, the organization operates various programs, including the Senior Community Service Employment Program. This initiative aims to foster economic self-sufficiency among unemployed individuals aged 55 or older by offering part-time opportunities in community service activities. The goal is to increase the number of older persons who can benefit from unsubsidized employment in both public and private sectors.
Who is the CEO of Institute For Indian Development Inc?
John Silver is the Board Member of Institute For Indian Development Inc.
What is the revenue of Institute For Indian Development Inc?
Institute For Indian Development Inc's revenue in 2022 was $3,411,589.
Who are the executives of Institute For Indian Development Inc and what are their salaries?
The average compensation at Institute For Indian Development Inc during 2022 was $7,675. There are 214 employees and 100 volunteers at Institute For Indian Development Inc.
Here are 11 key members and their salaries:
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- Compensation: $74,289
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Where can I find the form 990 for Institute For Indian Development Inc?
Institute For Indian Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Institute For Indian Development Inc
The Institute for Indian Development Inc is dedicated to serving the educational, cultural development, charitable literacy, and scientific research needs of Native Americans residing in Louisiana. Their mission is to operate with these specific purposes in mind, aiming to uplift and empower this community. To achieve this, the Institute engages in various activities. One of their initiatives is the Senior Community Service Employment Program. This program focuses on fostering economic self-sufficiency among unemployed individuals aged 55 or older, who often face poor employment prospects. Through this program, the Institute provides them with meaningful part-time opportunities in community service activities. By participating in these activities, older persons can not only enhance their skills but also potentially transition into unsubsidized employment in both the public and private sectors. This multi-faceted approach by the Institute for Indian Development Inc is designed to contribute positively to the well-being and progress of the Native American community in Louisiana.
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Impact
July, 2024
Institute For Indian Development Inc's impact is primarily focused on fostering economic self-sufficiency and providing training opportunities for unemployed low-income individuals aged 55 and older, with a specific focus on Native Americans living in Louisiana. Through its senior community service employment program, the organization seeks to increase the number of older individuals who can secure meaningful part-time employment in community service activities. By offering training and support, Institute For Indian Development Inc aims to help improve the employment prospects and overall quality of life for this demographic, thereby contributing to their economic empowerment and well-being.
This information is meant to be a general summary of Institute For Indian Development 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: $34,861
- Gross Receipts: $3,411,717
Assets and Liabilities:
- Total Assets: $668,881
- Total Liabilities: $369,726
- Net Assets: $299,155
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Organization Details
Founding Year
1981
Phone
(985) 851-5408Principal Officer
John Silver
Main Address
991 Grand Caillou Rd, Houma, LA, 70363
NTEE Category
Code: P84 - Human services
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