Overview
What is The Dumas House Corporation?
The Dumas House Corporation, located at 3949 North Blvd, Baton Rouge, LA 70806, is a nonprofit organization dedicated to providing housing solutions for the elderly, disabled individuals, and families. They operate under Section 202 of the National Housing Act, having entered into an agreement with the Department of HUD. Their mission revolves around offering a residential space that caters to the specific needs of this demographic, demonstrating a commitment to enhancing the quality of life for these individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
The Dumas House Corporation has received a 71% rating from Charity Navigator, indicating a two-star evaluation. This score reflects strong accountability and financial practices, highlighted by a perfect score for independent board members and a robust program expense ratio of 92.64%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative expenses.
Despite these strengths, the organization faces a notable challenge with a high liabilities to assets ratio of 161.88%, which indicates potential financial risk. This could raise concerns about its financial stability in the long term. However, the charity has demonstrated good governance practices, including an independent board and established conflict of interest policies, contributing positively to its overall accountability.
While The Dumas House Corporation shows commendable transparency and efficient fund allocation, its financial health remains a critical area for potential improvement. Stakeholders may want to monitor its financial metrics closely to ensure sustainability and continued impact in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Dumas House Corporation legitimate?
The Dumas House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dumas House Corporation 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: $190,780
For more financial information, click here
What is the mission statement of The Dumas House Corporation?
The Dumas House Corporation, as per its mission, provides housing solutions for elderly and disabled individuals and their families. This is done under Section 202 of the National Housing Act, following an agreement with the Department of HUD. Their primary objective is to offer a sanctuary and living space for this specific group of people who may require additional support. The corporation aims to ensure that these individuals can live with dignity and independence, providing them with a secure and comfortable environment. Their work is instrumental in addressing the housing needs of vulnerable populations, thereby contributing to a more inclusive and supportive society.
Who is the CEO of The Dumas House Corporation?
Johnny Anderson is the Chair of The Dumas House Corporation.
What is the revenue of The Dumas House Corporation?
The Dumas House Corporation's revenue in 2023 was $518,603.
Who are the executives of The Dumas House Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for The Dumas House Corporation?
The Dumas House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Dumas House Corporation
The Dumas House Corporation, as a nonprofit organization, is committed to providing housing solutions for elderly and disabled individuals and families. In line with Section 202 of the National Housing Act, The Dumas House Corporation enters into an agreement with the Department of HUD to fulfill this mission. This commitment to housing extends to those who are in need, offering them a safe and secure living environment. The organization's primary focus is on making a significant impact in the lives of these individuals, enabling them to live with dignity and independence.
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Impact
July, 2024
The Dumas House Corporation's impact lies in providing essential housing for the elderly, disabled persons, and families under Section 202 of the National Housing Act through an agreement with the Department of Housing and Urban Development (HUD). By offering this housing assistance in Baton Rouge, LA, the organization plays a crucial role in supporting vulnerable populations and ensuring they have safe and stable living conditions. This impact reflects the commitment to addressing the housing needs of those who require extra support, exemplifying the importance of human services in our communities.
This information is meant to be a general summary of The Dumas House Corporation. 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 2023.
- Investment Income: $273
- Program Service Revenue: $518,330
- Gross Receipts: $518,603
Assets and Liabilities:
- Total Assets: $2,305,692
- Total Liabilities: $3,732,778
- Net Assets: -$1,427,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - TENANT & HUD
Revenue
$518,330
Organization Details
Founding Year
1998
Phone
(225) 387-0061Principal Officer
Johnny Anderson
Main Address
3949 NORTH BLVD, BATON ROUGE, LA, 70806
NTEE Category
Code: P80 - Human services
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