Louisiana Disabled Persons Finance Corp Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720979554 ✦ Lake charles, LA ✦ Designated as a 501(c)(3)

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Overview

What is Louisiana Disabled Persons Finance Corp Inc?

Louisiana Disabled Persons Finance Corp Inc is a nonprofit organization that plays a significant role in housing assistance. It owns and manages an apartment complex, adhering to the guidelines set by section 811 of the National Housing Act. This complex is specifically designed to accommodate physically and mentally handicapped individuals, offering them a suitable living space with a total of 20 units. The primary objective of this organization is to ensure that these individuals have access to proper housing, thereby enhancing their quality of life.

Is Louisiana Disabled Persons Finance Corp Inc legitimate?

Louisiana Disabled Persons Finance Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Disabled Persons Finance Corp Inc submitted a form 990EZ, 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.

What is the mission statement of Louisiana Disabled Persons Finance Corp Inc?

Louisiana Disabled Persons Finance Corp Inc, as per its mission statement, operates an apartment complex under the provisions of section 811 of the National Housing Act. The primary objective of this organization is to provide housing for individuals who are physically and mentally handicapped. This initiative aims to contribute to the well-being and accommodation needs of these individuals, ensuring they have a suitable living space. The corporation's activities are guided by section 811 of the National Housing Act, which is dedicated to providing affordable housing solutions for such individuals.

Who is the CEO of Louisiana Disabled Persons Finance Corp Inc?

Libby Leone is the Executive Director of Louisiana Disabled Persons Finance Corp Inc.

What is the revenue of Louisiana Disabled Persons Finance Corp Inc?

Louisiana Disabled Persons Finance Corp Inc's revenue in 2022 was $150,647.

Who are the executives of Louisiana Disabled Persons Finance Corp Inc and what are their salaries?


Here are 12 key members and their salaries:


Kelli Bruchhaus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Cormier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ezernack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendrick Guidry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Hinton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Labarbera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Roach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otray Woods (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Libby Leone (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Borling (Finance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Louisiana Disabled Persons Finance Corp Inc?

Louisiana Disabled Persons Finance Corp Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Louisiana Disabled Persons Finance Corp Inc

Louisiana Disabled Persons Finance Corp Inc, as a nonprofit organization, is dedicated to providing housing for individuals with physical and mental disabilities. They accomplish this mission by owning and operating an apartment complex under the provisions of section 811 of the National Housing Act. This initiative allows the corporation to offer housing to a total of 20 individuals who are in need of such accommodations due to their disabilities. The primary goal of Louisiana Disabled Persons Finance Corp Inc is to ensure that these individuals have a safe and suitable living environment, which is essential for their overall well-being and quality of life. By providing housing for these individuals, the organization is contributing to their independence and ability to live with dignity and respect, thereby enhancing their overall sense of self-worth and integration into society.

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Impact




October, 2024

Louisiana Disabled Persons Finance Corp Inc plays a significant role in addressing the housing needs of physically and mentally handicapped individuals. By owning and operating a 20-unit apartment complex, it provides crucial support to those who often face barriers in finding suitable and affordable housing. This initiative not only offers a safe and accessible living environment but also fosters a sense of community among residents. Through its alignment with section 811 of the National Housing Act, the organization ensures that individuals with disabilities have access to the opportunities and resources they need to lead fulfilling lives. The impact is profound, as it directly contributes to improved quality of life and independence for its residents in Lake Charles, LA.




This information is meant to be a general summary of Louisiana Disabled Persons Finance Corp 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.

Revenue
$150,647 (2022)
Expenses
$176,943 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $150,647
  • Gross Receipts: $150,647

Assets and Liabilities:

  • Total Assets: $284,706
  • Total Liabilities: $711,402
  • Net Assets: -$426,696

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Organization Details

Principal Officer

Libby Leone

Main Address

4100 J BENNETT JOHNSTON AVENUE, LAKE CHARLES, LA, 70615

NTEE Category

Code: L20 - Housing

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