Overview
What is Sunset Elderly Housing Inc?
Sunset Elderly Housing Inc, a nonprofit organization situated in Lafayette, Louisiana, specifically at 415 Guilbeau Road, is dedicated to serving the needs of the low-income elderly community in rural areas. Operating under Section 221(D)(4) of the National Housing Act, this organization has established a 70-unit apartment complex in Sunset, Louisiana. The primary mission of Sunset Elderly Housing Inc is to provide suitable housing solutions for this demographic, aiming to enhance their quality of life. This nonprofit, known as Village Duchesne in some contexts, strives to create a supportive environment for its residents, ensuring they can live comfortably and securely.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Sunset Elderly Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. With an overall score derived entirely from its Accountability & Finance score of 75%, the organization demonstrates transparency and effective financial management. This rating reflects a commitment to maintaining high standards in their operations.
The organization excels in governance, boasting a fully independent board with 100% independent members. This independence is complemented by a robust audit and oversight committee, and the charity has shown no instances of material diversion of assets. Furthermore, they have a well-defined conflict of interest policy, document retention protocols, and ensure the availability of board meeting minutes, all contributing to a strong governance framework.
While the organization's program expense ratio is impressive at 93.77%, indicating that a significant portion of expenditures goes directly to programs, the overall score still highlights room for improvement. It is important for donors to consider both the strengths and limitations present in the organization’s financial practices when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Sunset Elderly Housing Inc legitimate?
Sunset Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunset Elderly Housing 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: $42,582
For more financial information, click here
What is the mission statement of Sunset Elderly Housing Inc?
Sunset Elderly Housing Inc's mission is centered around providing housing accommodations for individuals with low income and elderly residents. This organization strives to make a difference in their lives by offering suitable living spaces in a rural setting. The project, consisting of a 70-unit apartment complex, is operated under Section 221(D)(4) of the National Housing Act. This non-profit organization is dedicated to enhancing the quality of life for its residents by providing them with a safe and comfortable living environment.
Who is the CEO of Sunset Elderly Housing Inc?
Bishop J Douglas Deshotel is the President of Sunset Elderly Housing Inc.
What is the revenue of Sunset Elderly Housing Inc?
Sunset Elderly Housing Inc's revenue in 2022 was $477,421.
Who are the executives of Sunset Elderly Housing Inc and what are their salaries?
There 7 volunteers at Sunset Elderly Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sunset Elderly Housing Inc?
Sunset Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sunset Elderly Housing Inc
Sunset Elderly Housing Inc is dedicated to providing housing solutions for the low-income elderly population residing in rural areas. This nonprofit organization's mission is to create a living environment that caters to the unique needs of this demographic, ensuring they can live with dignity and independence. The organization operates a 70-unit apartment complex, situated in Sunset, Louisiana, under Section 221(D)(4) of the National Housing Act. This project is designed to provide a secure and comfortable living space for elderly individuals, offering them a sense of community and support within their own age group.
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Impact
July, 2024
Sunset Elderly Housing Inc's impact lies in providing crucial housing assistance to low-income and elderly individuals residing in rural areas. The organization operates a 70-unit apartment complex in Sunset, Louisiana, under Section 221(D)(4) of the National Housing Act. By offering affordable housing solutions, Sunset Elderly Housing Inc contributes to enhancing the quality of life for vulnerable populations, ensuring they have a safe and comfortable place to call home.
This information is meant to be a general summary of Sunset Elderly Housing 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: $228
- Program Service Revenue: $156,170
- Gross Receipts: $477,421
Assets and Liabilities:
- Total Assets: $2,993,686
- Total Liabilities: $2,365,744
- Net Assets: $627,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$156,170
Organization Details
Founding Year
1985
Phone
(337) 406-8500Principal Officer
Bishop J Douglas Deshotel
Main Address
415 GUILBEAU ROAD, LAFAYETTE, LA, 70506
NTEE Category
Code: L22 - Housing
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