Rouquette Iii Inc

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

EIN: 721518146 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Rouquette Iii Inc?

Rouquette Iii Inc, doing business as Rouquette Lodge III, is a nonprofit organization situated in New Orleans, Louisiana. Their primary mission is to offer housing solutions for elderly and disabled individuals as well as families, in accordance with Section 202 of the National Housing Act. They operate under an agreement with the Department of HUD, ensuring that they provide appropriate and necessary housing to those in need. This nonprofit organization plays a significant role in supporting vulnerable members of the community, offering them a safe and comfortable living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, Two-Star out of Four Star Rating

Rouquette III Inc, operating as Rouquette Lodge III, has received a 68% rating from Charity Navigator, which translates to a Two-Star rating. This rating reflects its performance in the areas of accountability and finance, where it scored 68. The organization benefits from having a fully independent board, which is a positive indicator of governance, but it faces challenges related to financial management, particularly a high liabilities-to-assets ratio.

The charity demonstrates strong program expense efficiency with a program expense ratio of 89.75%, indicating that a significant portion of its resources is directed towards its mission. However, the organization has several areas for improvement, including the absence of a publicly accessible website listed on its tax form and missing whistleblower and tax form policies on its website. These deficiencies could affect transparency and accountability perceptions among donors and stakeholders.

Overall, while Rouquette Lodge III exhibits notable strengths in governance and program spending, the organization must address its financial ratios and enhance its transparency efforts to improve its standing and foster greater trust among potential supporters.


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

Is Rouquette Iii Inc legitimate?

Rouquette Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rouquette Iii 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: $101,850

For more financial information, click here

What is the mission statement of Rouquette Iii Inc?

Rouquette Iii Inc Dba Rouquette Lodge III is dedicated to providing housing solutions for elderly and disabled individuals and families. They operate under Section 202 of the National Housing Act, entering into an agreement with the Department of Housing and Urban Development (HUD). The organization's primary mission is to offer a secure living environment for these individuals, ensuring they have access to safe and suitable housing accommodations. By doing so, Rouquette Lodge III strives to enhance the quality of life for these vulnerable populations, providing them with a sense of independence and dignity.

Who is the CEO of Rouquette Iii Inc?

Deacon Dennis F Adams is the Secretary of Rouquette Iii Inc.

What is the revenue of Rouquette Iii Inc?

Rouquette Iii Inc's revenue in 2023 was $513,900.

Who are the executives of Rouquette Iii Inc and what are their salaries?


Here are 3 key members and their salaries:


Deacon Dennis F Adams (Secretary)
  • Compensation: $0
  • Related: $134,458
  • Other: $0
Most Rev Gregory M Aymond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dirk Wild (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rouquette Iii Inc?

Rouquette Iii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rouquette Iii Inc

Rouquette Iii Inc Dba Rouquette Lodge III is a dedicated organization that focuses on providing housing solutions for elderly and disabled individuals and their families. Operating under Section 202 of the National Housing Act, the organization has entered into an agreement with the Department of HUD. This agreement enables Rouquette Iii Inc Dba Rouquette Lodge III to offer housing services, aiming to cater to the unique needs of this specific demographic. By doing so, the organization contributes significantly to ensuring these individuals have a stable living environment, which is crucial for their overall well-being.

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Impact




July, 2024

Rouquette III Inc Dba Rouquette Lodge III's impact lies in providing essential housing for elderly and disabled persons and families under Section 202 of the National Housing Act through an agreement with the Department of Housing and Urban Development (HUD). This organization in New Orleans, LA, plays a crucial role in addressing the housing needs of vulnerable populations by offering a safe and supportive living environment. Their mission focuses on ensuring that elderly and disabled individuals have access to affordable and suitable housing, enhancing their quality of life and overall well-being. Through their dedicated efforts, Rouquette Lodge III contributes significantly to promoting housing stability and improving the lives of those in need in the community.




This information is meant to be a general summary of Rouquette Iii 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
$513,900 (2023)
Expenses
$551,703 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $56
  • Program Service Revenue: $513,844
  • Gross Receipts: $513,900

Assets and Liabilities:

  • Total Assets: $2,234,077
  • Total Liabilities: $3,840,215
  • Net Assets: -$1,606,138

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Programs

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

RENTAL OF HSG TO ELDERLY

Revenue

$513,844

Organization Details

Founding Year

1998

Principal Officer

Deacon Dennis F Adams

Main Address

2729 LOWERLINE STREET, NEW ORLEANS, LA, 701253530

NTEE Category

Code: L22 - Housing

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