Overview
What is Acadiana Assisted Healthcare Inc?
Acadiana Assisted Healthcare Inc, commonly known as Pecan Acres, is a nonprofit organization situated in Lafayette, Louisiana. Their primary mission is to provide housing opportunities for disabled individuals, in compliance with Section 811 of the National Housing Act. They operate under an agreement with the Department of Housing and Urban Development and have 18 available units for occupancy. In the year 2021, they maintained an impressive occupancy rate of 96%. This organization is dedicated to enhancing the living circumstances of disabled individuals by offering them suitable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star Rating)
Acadiana Assisted Healthcare Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating is primarily based on a single beacon score focused entirely on financial transparency, where the organization scored 72%. This score reflects a strong emphasis on good governance practices, such as having a wholly independent board and a conflict of interest policy in place.
Strengths of the organization include a high program expense ratio of 87.91%, which indicates that a significant portion of its budget is dedicated to its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, further demonstrating financial integrity. The organization has also established appropriate policies for document retention and has maintained thorough documentation of board meeting minutes.
However, a notable limitation is the liabilities to assets ratio of 163.97%, which raises concerns about financial stability. This high ratio suggests that the organization may have more liabilities than assets, which could impact its long-term sustainability. Overall, while Acadiana Assisted Healthcare Inc shows strengths in governance and program expenditure, the financial health indicated by its liabilities is a critical area that warrants attention.
This AI summary has been generated from information found on Charity Navigator.
Is Acadiana Assisted Healthcare Inc legitimate?
Acadiana Assisted Healthcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acadiana Assisted Healthcare 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: $11,603
For more financial information, click here
What is the mission statement of Acadiana Assisted Healthcare Inc?
Acadiana Assisted Healthcare Inc is dedicated to providing housing solutions for disabled individuals. They accomplish this under Section 811 of the National Housing Act, operating under an agreement with the Department of Housing and Urban Development. Their mission is to offer a suitable living environment for disabled persons, ensuring they have access to comfortable and safe accommodations. As of 2021, the occupancy rate for their 18 units was 96%.
Who is the CEO of Acadiana Assisted Healthcare Inc?
Reverend Freddie Jack is the Board Member of Acadiana Assisted Healthcare Inc.
What is the revenue of Acadiana Assisted Healthcare Inc?
Acadiana Assisted Healthcare Inc's revenue in 2022 was $131,718.
Who are the executives of Acadiana Assisted Healthcare Inc and what are their salaries?
There 5 volunteers at Acadiana Assisted Healthcare Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Acadiana Assisted Healthcare Inc?
Acadiana Assisted Healthcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Acadiana Assisted Healthcare Inc
Acadiana Assisted Healthcare Inc, as a nonprofit organization, is committed to providing housing solutions for individuals with disabilities. This mission is carried out under Section 811 of the National Housing Act, and it is accomplished through an agreement with the Department of Housing and Urban Development. The organization offers 18 units of housing that are available for occupation. In 2021, the occupancy rate at these units reached an impressive 96%. By providing these housing solutions, Acadiana Assisted Healthcare Inc plays a crucial role in supporting the needs of disabled individuals, enabling them to live with dignity and independence.
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Impact
October, 2024
Acadiana Assisted Healthcare Inc plays a vital role in supporting individuals with disabilities by providing accessible housing options in Lafayette, Louisiana. This organization operates under an agreement with the Department of Housing and Urban Development, specifically under Section 811 of the National Housing Act, ensuring that disabled persons have a reliable place to call home.
With a total of 18 units available for occupancy, Acadiana Assisted Healthcare Inc maintains a strong occupancy rate, demonstrating its significance in the community. In 2021, the occupancy rate was an impressive 96%, indicating a high demand for its services and the positive impact it has on residents' lives. By offering stable housing, the organization helps foster independence and improve the quality of life for individuals with disabilities, addressing a critical need in the community.
This information is meant to be a general summary of Acadiana Assisted Healthcare 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: $67
- Program Service Revenue: $41,621
- Gross Receipts: $131,718
Assets and Liabilities:
- Total Assets: $602,560
- Total Liabilities: $983,876
- Net Assets: -$381,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$41,621
Organization Details
Founding Year
1998
Phone
(337) 406-8500Principal Officer
Reverend Freddie Jack
Main Address
415 GUILBEAU ROAD, LAFAYETTE, LA, 70506
NTEE Category
Code: L21 - Housing
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