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South Pointe Phase Ii Inc

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

EIN: 721473963 ✦ Monroe, LA ✦ Designated as a 501(c)(3)

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Overview

What is South Pointe Phase Ii Inc?

South Pointe Phase II Inc is a nonprofit organization situated in Monroe, Louisiana, specifically at 300 Harrison Street. Their primary mission is to offer affordable housing opportunities for the elderly and/or disabled. To accomplish this, they manage 36 units of government-assisted housing, serving the needs of the very low-income individuals within their community, in line with their charitable purpose.

Is South Pointe Phase Ii Inc legitimate?

South Pointe Phase Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Pointe Phase Ii 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: $39,738

For more financial information, click here

What is the mission statement of South Pointe Phase Ii Inc?

South Pointe Phase II Inc., as an organization, is committed to providing affordable housing for the elderly and disabled. This mission is carried out through the operation of 36 units of government-assisted housing, catering specifically to very low-income elderly individuals. The organization operates with the intention of serving its exempt purpose in this regard.

Who is the CEO of South Pointe Phase Ii Inc?

Joe Farr is the President of South Pointe Phase Ii Inc.

What is the revenue of South Pointe Phase Ii Inc?

South Pointe Phase Ii Inc's revenue in 2023 was $203,738.

Who are the executives of South Pointe Phase Ii Inc and what are their salaries?


Here are 9 key members and their salaries:


Patricia Gix (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Hinchcliffe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaiah Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Farmer (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Farr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Hudson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Smart (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Pointe Phase Ii Inc?

South Pointe Phase Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of South Pointe Phase Ii Inc

South Pointe Phase II Inc is committed to providing affordable housing for the elderly and disabled individuals. This organization operates 36 units of government-assisted housing, catering to very low-income elderly persons. By fulfilling this mission, South Pointe Phase II Inc contributes to the well-being of its community by offering a vital service, ensuring that these vulnerable individuals have a secure and affordable living space. This nonprofit's efforts are aligned with its exempt purpose, which is to improve the living conditions of the elderly and disabled population.

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Impact




October, 2024

South Pointe Phase II Inc plays a crucial role in addressing the housing needs of elderly and disabled individuals in Monroe, Louisiana. By operating 36 units of government-assisted housing specifically designed for very low-income residents, the organization significantly enhances the quality of life for these vulnerable populations.

The provision of affordable housing alleviates financial burdens, allowing residents to allocate resources toward other essential needs such as healthcare, nutrition, and social activities. This fosters a supportive community where elderly and disabled individuals can live with dignity and security, reducing the risk of homelessness and isolation.

Moreover, South Pointe Phase II Inc contributes to the overall well-being of the community by promoting inclusivity and ensuring that everyone has access to safe and reliable housing options. Through its dedicated mission, the organization not only transforms lives but also strengthens the fabric of the community by empowering elderly and disabled residents to thrive in their later years.




This information is meant to be a general summary of South Pointe Phase Ii 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.

Revenue
$203,738 (2023)
Expenses
$308,996 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $780
  • Program Service Revenue: $202,958
  • Gross Receipts: $203,738

Assets and Liabilities:

  • Total Assets: $1,654,578
  • Total Liabilities: $2,736,237
  • Net Assets: -$1,081,659

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTS/ HUD ASSISTANCE

Revenue

$196,039

TENANT CHARGES

Revenue

$6,919

Organization Details

Founding Year

2000

Principal Officer

Joe Farr

Main Address

300 HARRISON STREET, MONROE, LA, 71201

NTEE Category

Code: T70 - Philanthropy

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