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Larke Village Inc

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

EIN: 721487204 ✦ Houma, LA ✦ Designated as a 501(c)(3)

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Overview

What is Larke Village Inc?

Larke Village Inc is a nonprofit organization situated in Houma, Louisiana. It specializes in providing housing solutions for low-income individuals struggling with mental illness, adhering to the guidelines of section 811 of the National Housing Act. The organization's primary mission is to offer a supportive living environment, contributing to the well-being of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating). Larke Village Inc has an Accountability & Finance Score of 73, indicating a moderate level of financial responsibility and governance. The organization demonstrates strong governance practices with a fully independent board and no material diversion of assets, both scoring the maximum points. Additionally, their program expense ratio is high at 83.23%, suggesting a significant portion of their budget is allocated to programs rather than administrative costs.

However, the organization has notable limitations in its transparency and policy documentation. Larke Village Inc lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which received zero points in their evaluation. Furthermore, they do not provide adequate disclosures about their tax forms on their website, which could impact their perceived transparency to potential donors.

Overall, while Larke Village Inc shows strengths in governance and efficient program spending, the absence of key policies and transparency measures may affect its overall rating and trust among stakeholders. Addressing these limitations could enhance the organization’s credibility and support.


This AI summary has been generated from information found on Charity Navigator.

Is Larke Village Inc legitimate?

Larke Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larke Village 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 Larke Village Inc?

Larke Village Inc, as an organization, is committed to providing housing for individuals with mental illness who have low income. This mission is carried out under the guidelines of section 811 of the National Housing Act. The primary goal of Larke Village is to offer a residential space for these individuals, aiming to enhance their quality of life. The facility is located in Houma, LA, but the focus of the organization is strictly on its housing mission for mentally ill adults with financial constraints.

What is the revenue of Larke Village Inc?

Larke Village Inc's revenue in 2024 was $112,680.

Who are the executives of Larke Village Inc and what are their salaries?

Here are 7 key members and their salaries:


Anne Marmande (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudette Dungan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Jarvis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jim Shutts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Voisin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Poiencot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shutts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Larke Village Inc?

Larke Village Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Larke Village Inc

Larke Village Inc, a nonprofit organization, is dedicated to providing housing for low-income adults who are mentally ill. This mission is carried out under the provisions of section 811 of the National Housing Act. Although not specified in the information, it can be inferred that Larke Village aims to offer a safe and supportive living environment for these individuals, enabling them to lead dignified and independent lives. By providing housing, Larke Village Inc contributes to the overall well-being of the mentally ill community, empowering them to manage their mental health more effectively.

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Impact




October, 2024

Larke Village Inc significantly impacts the community by providing essential housing for low-income mentally ill adults in Houma, LA. This facility serves as a crucial resource under section 811 of the national housing act, ensuring that vulnerable individuals have a safe and stable living environment. By addressing the unique needs of this population, Larke Village fosters a supportive community, promoting mental wellness and enhancing the quality of life for its residents. The presence of such a facility not only alleviates homelessness but also contributes to reducing the stigma surrounding mental illness, encouraging acceptance and understanding in the broader community.




This information is meant to be a general summary of Larke Village 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
$112,680 (2024)
Expenses
$119,506 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $44
  • Program Service Revenue: $27,957
  • Gross Receipts: $112,680

Assets and Liabilities:

  • Total Assets: $485,715
  • Total Liabilities: $12,682
  • Net Assets: $473,033

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Programs

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

TENANT RENTAL REVENUE

Revenue

$26,738

LANDRY & VENDING REVENUE

Revenue

$1,219

Organization Details

Founding Year

2000

Principal Officer

John Shutts

NTEE Category

Code: L21 - Housing

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