Terre Carnival Club Inc

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

EIN: 720993568 ✦ Houma, LA ✦ Designated as a 501(c)(4)

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Overview

What is Terre Carnival Club Inc?

Terre Carnival Club Inc is a nonprofit organization based in Houma, Louisiana. Its primary objective is to organize an annual carnival parade, often associated with Mardi Gras, which is open to the public. This event serves a dual purpose: promoting tourism and boosting the local business community by generating income from both the local population and tourists. The parade uplifts the community spirit and contributes to its overall vitality.


Official website here: www.terreanians.org

Is Terre Carnival Club Inc legitimate?

Terre Carnival Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Terre Carnival Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.terreanians.org

What is the mission statement of Terre Carnival Club Inc?

Terre Carnival Club Inc's mission is centered around organizing an annual carnival parade, specifically a Mardi Gras event, which is open to the public. The primary objective of this parade is to foster tourism and boost the community spirit. Additionally, the event serves to support local businesses by attracting funds from both the local community and tourists. The parade, which is a key activity of Terre Carnival Club Inc, plays a significant role in promoting tourism and aiding the business community.


Official website here: www.terreanians.org

Who is the CEO of Terre Carnival Club Inc?

John Poiencot is the President of Terre Carnival Club Inc.


Official website here: www.terreanians.org

What is the revenue of Terre Carnival Club Inc?

Terre Carnival Club Inc's revenue in 2022 was $163,770.


Official website here: www.terreanians.org

Who are the executives of Terre Carnival Club Inc and what are their salaries?


Here are 4 key members and their salaries:


Chris Smart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Poiencot (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Toups (Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.terreanians.org

Where can I find the form 990 for Terre Carnival Club Inc?

Terre Carnival Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.terreanians.org

Learn more at the official website: www.terreanians.org

Mission Statement of Terre Carnival Club Inc

Terre Carnival Club Inc, as a nonprofit organization, is committed to holding an annual carnival parade, specifically Mardi Gras, which is open to the public. This event serves multiple purposes, primarily promoting tourism within the community. By attracting both locals and tourists, the parade injection of funds into the local business sector. Furthermore, the parade contributes to raising the community spirit, fostering a sense of unity and celebration among its residents. Terre Carnival Club Inc's mission to contribute positively to the community through its annual Mardi Gras parade, thereby benefiting both the local economy and the overall spirit of the community.

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Impact




October, 2024

Terre Carnival Club Inc plays a significant role in fostering community spirit and economic vitality in Houma, Louisiana, through its annual Mardi Gras parade. This vibrant event not only celebrates local culture and traditions but also attracts visitors from outside the region, thereby promoting tourism. By drawing in both residents and tourists, the parade generates essential revenue for local businesses, enhancing the financial health of the community.

The parade serves as a focal point for community engagement, bringing people together in a festive atmosphere that strengthens bonds between neighbors and celebrates the unique heritage of Houma. The infusion of funds from attendees contributes to a lively local economy, benefiting a range of businesses and supporting the arts in the area. Overall, Terre Carnival Club Inc significantly impacts Houma by promoting camaraderie, boosting the economy, and celebrating the cultural fabric of the region through its annual festivities.




This information is meant to be a general summary of Terre Carnival Club 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
$163,770 (2022)
Expenses
$275,914 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $80
  • Program Service Revenue: $146,801
  • Gross Receipts: $196,139

Assets and Liabilities:

  • Total Assets: $1,424,774
  • Total Liabilities: $788,644
  • Net Assets: $636,130

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$146,801

Organization Details

Founding Year

1951

Principal Officer

John Poiencot

Main Address

P O BOX 504, HOUMA, LA, 70361

NTEE Category

Code: A80 - Arts

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