Overview
What is St Tammany Homebuilders Charitable Trust?
St. Tammany Homebuilders Charitable Trust is a nonprofit organization situated in Lacombe, Louisiana (LA 70445). Its primary mission is to offer financial assistance to local charitable organizations. In 2022, the trust extended this aid to six community-based organizations. The trust functions with the objective of contributing positively to the local community by providing financial support to various organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
St Tammany Homebuilders Charitable Trust has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is based entirely on its accountability metrics, indicating effective management of finances and a commitment to transparency. The trust's recent fiscal year performance demonstrates a robust financial health with a liabilities to assets ratio of 0.00%, showcasing financial stability.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence. This structure contributes significantly to the trust's governance, ensuring decisions are made without conflicts of interest. Additionally, the charity has implemented key policies such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining ethical standards and accountability.
One notable strength is the charity's program expense ratio of 71.04%, indicating that a substantial portion of its spending directly supports its mission-related programs. This focus on programmatic spending reflects a commitment to impacting the community positively. Overall, the St Tammany Homebuilders Charitable Trust's performance metrics suggest it is a well-managed organization dedicated to its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is St Tammany Homebuilders Charitable Trust legitimate?
St Tammany Homebuilders Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Tammany Homebuilders Charitable Trust 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.
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What is the mission statement of St Tammany Homebuilders Charitable Trust?
The St. Tammany Homebuilders Charitable Trust is committed to providing financial assistance to local organizations. As a charitable trust, its mission is to offer financial aid to various area organizations. In the year 2022, the trust extended financial assistance to six local charitable organizations.
Who is the CEO of St Tammany Homebuilders Charitable Trust?
James Richardson is the Trustee of St Tammany Homebuilders Charitable Trust.
What is the revenue of St Tammany Homebuilders Charitable Trust?
St Tammany Homebuilders Charitable Trust's revenue in 2022 was $27,346.
Who are the executives of St Tammany Homebuilders Charitable Trust and what are their salaries?
There 7 volunteers at St Tammany Homebuilders Charitable Trust.
Here are 9 key members and their salaries:
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Where can I find the form 990 for St Tammany Homebuilders Charitable Trust?
St Tammany Homebuilders Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Tammany Homebuilders Charitable Trust
The St. Tammany Homebuilders Charitable Trust is a philanthropic entity that aims to provide financial assistance to local organizations. This charitable trust operates with the mission of offering financial support to various area organizations, thereby contributing to the betterment of their respective communities. In 2022, the trust extended its financial assistance to six local charitable organizations, demonstrating its commitment to supporting the causes and initiatives of these organizations.
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Impact
August, 2024
St Tammany Homebuilders Charitable Trust's impact can be seen in the financial assistance it provides to local organizations in the Lacombe area. In 2022, the trust supported 6 charitable organizations through its philanthropic activities. By offering financial assistance, the trust plays a vital role in helping these organizations fulfill their missions and serve the community.
This information is meant to be a general summary of St Tammany Homebuilders Charitable Trust. 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: $26,046
- Gross Receipts: $147,797
Assets and Liabilities:
- Total Assets: $1,082,946
- Total Liabilities: $0
- Net Assets: $1,082,946
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Organization Details
Founding Year
1995
Phone
(985) 882-5002Principal Officer
James Richardson
Main Address
29021 BUILDERS DRIVE, LACOMBE, LA, 70445
NTEE Category
Code: T30 - Philanthropy
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