Overview
What is Slidell Village North Development Inc?
Sliddell Village North Development Inc is a nonprofit organization that strives to address the housing needs of individuals with low incomes. Their primary objective is to offer suitable housing options to this demographic, carrying out initiatives that cater specifically to them. By implementing these programs, they aim to contribute positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
Slidell Village North Development Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 10% in accountability and finance, reflecting a lack of independent board members, with 0% of its board being independent. Additionally, the organization failed to meet several key transparency standards, such as having a website listed on its tax form and maintaining essential policies for conflict of interest and whistleblower protections.
The charity did show a positive mark in terms of material diversion of assets, which received a full score, suggesting that it has not misused its assets. However, other areas such as the liabilities to assets ratio, which stands at 70.31%, indicate potential financial instability, raising concerns about its long-term viability. The program expense ratio is at 50%, which reflects a balance in program expenses but does not compensate for the other governance failures noted.
Overall, Slidell Village North Development Inc's performance raises serious questions about its operational integrity and transparency, making it a concerning choice for potential donors. The lack of essential policies and independent oversight significantly detracts from its credibility as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Slidell Village North Development Inc legitimate?
Slidell Village North Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slidell Village North Development 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: $0
For more financial information, click here
What is the mission statement of Slidell Village North Development Inc?
Slidell Village North Development Inc is committed to serving the public by providing low-income housing options. The organization strives to achieve this goal by implementing programs tailored to this specific demographic. Their mission is centered around making affordable housing accessible to as many individuals as possible. By doing so, they aim to contribute positively to the community and help those in need secure a place to call home. Slidell Village North Development Inc's efforts are geared towards enhancing the living conditions of low-income families and individuals.
Who is the CEO of Slidell Village North Development Inc?
Teri Mcgovern is the President of Slidell Village North Development Inc.
What is the revenue of Slidell Village North Development Inc?
Slidell Village North Development Inc's revenue in 2022 was $67,767.
Who are the executives of Slidell Village North Development Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Slidell Village North Development Inc?
Slidell Village North Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Slidell Village North Development Inc
Slidell Village North Development, as a nonprofit organization, is committed to providing low-income housing solutions for the general public. They accomplish this mission by initiating programs tailored to this demographic, aiming to make affordable housing options widely available. By implementing these programs, Slidell Village North Development contributes to the community by offering a viable housing solution for individuals who might otherwise struggle to secure suitable and affordable accommodations.
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Impact
August, 2024
Slidell Village North Development Inc's impact is primarily focused on providing low-income housing options to the general public. Their mission is to address the housing needs of individuals and families in need by implementing programs that cater to this demographic. Through their initiatives, they strive to ensure that members of the community have access to safe and affordable housing, ultimately improving the quality of life for those they serve in Slidell, Louisiana.
This information is meant to be a general summary of Slidell Village North Development 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.
- Gross Receipts: $654,939
Assets and Liabilities:
- Total Assets: $2,012,711
- Total Liabilities: $1,471,836
- Net Assets: $540,875
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Organization Details
Phone
(504) 495-5140Principal Officer
Teri Mcgovern
Main Address
274 Spinnaker Drive, Slidell, LA, 70458
NTEE Category
Code: L80 - Housing
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