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Family Resources Of New Orleans

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

EIN: 721379740 ✦ Boutte, LA ✦ Designated as a 501(c)(3)

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Overview

What is Family Resources Of New Orleans?

Family Resources of New Orleans is a nonprofit organization situated in Boutte, Louisiana. Their primary mission is to empower low-income families in the greater New Orleans area by offering secure housing solutions. Additionally, they provide first-time homebuyer training for individuals and families who fall under the low-income category. This training equips them with the necessary knowledge and skills to navigate the homebuying process, thereby contributing to their financial stability and independence.

Is Family Resources Of New Orleans legitimate?

Family Resources Of New Orleans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Resources Of New Orleans 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: $2,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,733

For more financial information, click here

What is the mission statement of Family Resources Of New Orleans?

Family Resources Of New Orleans is dedicated to providing first-time homebuyer training for low-income individuals and families. Their mission is centered around empowering these households to secure housing, thereby contributing to a stable living environment in the greater New Orleans area. By offering comprehensive training programs, they aim to equip low-income families with the necessary skills and knowledge to become homeowners, thereby enhancing their financial stability and overall quality of life.

Who is the CEO of Family Resources Of New Orleans?

Paula Pete is the Executive Director of Family Resources Of New Orleans.

What is the revenue of Family Resources Of New Orleans?

Family Resources Of New Orleans's revenue in 2022 was $113,565.

Who are the executives of Family Resources Of New Orleans and what are their salaries?


Here are 2 key members and their salaries:


Kelita Pete (Executive Director)
  • Compensation: $2,847
  • Related: $0
  • Other: $0
Paula Pete (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Family Resources Of New Orleans?

Family Resources Of New Orleans's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Family Resources Of New Orleans

Family Resources Of New Orleans, a nonprofit organization, is committed to providing first-time homebuyer training for low-income individuals and families. Their mission is centered around equipping these individuals with the necessary knowledge and skills to navigate the home-buying process, thereby enhancing their chances of securing a home. This mission is crucial in helping low-income families establish a stable living environment in the greater New Orleans area.

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Impact




October, 2024

Family Resources of New Orleans plays a crucial role in empowering low-income individuals and families through first-time homebuyer training. By equipping participants with the necessary skills and knowledge, they help secure stable housing in the Greater New Orleans area. This initiative not only enhances the economic stability of these families but also contributes to the overall health and vitality of the community. Access to safe and affordable housing fosters a sense of security, enabling families to focus on education, employment, and personal development, ultimately leading to stronger neighborhoods and a thriving city.




This information is meant to be a general summary of Family Resources Of New Orleans. 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
$113,565 (2022)
Expenses
$130,462 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $113,565

Assets and Liabilities:

  • Total Assets: $454,937
  • Total Liabilities: $511,740
  • Net Assets: -$56,803

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Organization Details

Founding Year

1997

Principal Officer

Paula Pete

Main Address

P O BOX 434, BOUTTE, LA, 70039

NTEE Category

Code: P40 - Human services

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