Overview
What is St Elizabeth Manor Inc?
St. Elizabeth Manor Inc. is a nonprofit organization situated in Lafayette, Louisiana. Their primary mission is to provide affordable housing for individuals with low income, in line with Section 222(B)(3) of the National Housing Act. Their work is dedicated to making housing accessible and affordable for those who may not otherwise be able to secure it, contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
St Elizabeth Manor Inc has received a solid 87% rating from Charity Navigator, reflecting a commendable level of accountability and financial management. The organization excels in several key areas, including having 100% independent board members and effectively managing its assets with a low liabilities to assets ratio of 5.93%. These factors contribute to its overall strong performance, indicating a well-structured governance system.
The charity demonstrates a high level of transparency and adherence to best practices, with a conflict of interest policy and documented board meeting minutes in place. Its program expense ratio of 91.45% suggests that a significant portion of its funds are directed towards its mission-related activities, which is a positive sign for potential donors and stakeholders.
However, while the overall rating is strong, there may be areas for improvement in terms of expanding its impact and outreach. Continuous monitoring and adaptation to changing needs within the community could help enhance its effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is St Elizabeth Manor Inc legitimate?
St Elizabeth Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Elizabeth Manor 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: $15,492
For more financial information, click here
What is the mission statement of St Elizabeth Manor Inc?
St. Elizabeth Manor Inc. is dedicated to providing low-income housing on a non-profit basis. This commitment is in line with Section 222(B)(3) of the National Housing Act. The organization's mission is to make affordable housing accessible to those who need it most, contributing to a more equitable living environment. By operating on a non-profit basis, St. Elizabeth Manor Inc. ensures that the financial burden of housing is lessened for its residents, allowing them to focus on other aspects of their lives. The organization's work is invaluable in providing a stable living situation for individuals and families who might otherwise face housing insecurity.
Who is the CEO of St Elizabeth Manor Inc?
Bishop J Douglas Deshotel is the President of St Elizabeth Manor Inc.
What is the revenue of St Elizabeth Manor Inc?
St Elizabeth Manor Inc's revenue in 2022 was $200,691.
Who are the executives of St Elizabeth Manor Inc and what are their salaries?
There 7 volunteers at St Elizabeth Manor Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Elizabeth Manor Inc?
St Elizabeth Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Elizabeth Manor Inc
St. Elizabeth Manor Inc is a non-profit organization with a mission to provide low-income housing. In line with Section 222(B)(3) of the National Housing Act, this organization offers housing solutions on a non-profit basis. Their primary objective is to cater to individuals with limited financial means, ensuring they have access to suitable housing options. By providing low-income housing, St. Elizabeth Manor Inc contributes to the well-being and stability of its residents, offering them a place to call home.
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Impact
October, 2024
St. Elizabeth Manor Inc has a significant impact on the community by providing low-income housing, addressing a critical need for affordable living options in Lafayette, LA. By operating under the guidelines of the National Housing Act, the organization ensures that individuals and families who may otherwise struggle to find safe and stable housing can secure a home. This initiative not only fosters better living conditions for its residents but also contributes to the overall well-being of the community by reducing homelessness and economic instability. By offering these housing solutions, St. Elizabeth Manor Inc plays a vital role in enhancing the quality of life for those it serves, promoting social equity, and creating a more inclusive environment for low-income residents.
This information is meant to be a general summary of St Elizabeth Manor 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: $130
- Program Service Revenue: $61,434
- Gross Receipts: $200,691
Assets and Liabilities:
- Total Assets: $819,501
- Total Liabilities: $32,711
- Net Assets: $786,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$61,434
Organization Details
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L22 - Housing
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