Overview
What is Louisiana Housing Lab Inc?
Louisiana Housing Lab Inc is a nonprofit organization situated in Lafayette, Louisiana, specifically at 202 Whittington Drive. Their primary mission is to provide low-income housing on a non-profit basis, in line with Section 222 (B) (3) of the National Housing Act. This commitment to affordable housing allows them to contribute positively to their community, ensuring that a wider range of individuals can secure suitable living arrangements.
Is Louisiana Housing Lab Inc legitimate?
Louisiana Housing Lab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Housing Lab 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.
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What is the mission statement of Louisiana Housing Lab Inc?
Louisiana Housing Lab Inc is committed to providing affordable housing for low-income individuals on a non-profit basis. This is in line with Section 222 (B) (3) of the National Housing Act. The organization's mission is centered around making housing accessible to those who may not have the means to afford it otherwise, contributing to a more equitable living situation for these individuals. By operating on a non-profit basis, Louisiana Housing Lab Inc is able to prioritize the needs of its residents, ensuring they have a safe and stable place to call home. The organization's work is instrumental in addressing housing inequality and promoting social welfare.
What is the revenue of Louisiana Housing Lab Inc?
Louisiana Housing Lab Inc's revenue in 2021 was $27,628.
Who are the executives of Louisiana Housing Lab Inc 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 Louisiana Housing Lab Inc?
Louisiana Housing Lab Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Louisiana Housing Lab Inc
Louisiana Housing Lab Inc is a non-profit organization committed to providing low-income housing, in adherence to Section 222 (B) (3) of the National Housing Act. This mission of theirs aims to address the housing needs of individuals with limited financial resources, offering them a place to live on a charitable basis. The organization's work is geared towards making a meaningful impact in the lives of those in need, contributing to a more equitable and inclusive housing landscape.
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Impact
August, 2024
Louisiana Housing Lab Inc's impact lies in its provision of low-income housing in Lafayette, LA. By offering affordable housing options on a non-profit basis, the organization directly addresses the pressing need for accessible living spaces for individuals and families facing financial challenges. Through its commitment to serving the community and fulfilling its mission under the National Housing Act, Louisiana Housing Lab Inc plays a crucial role in improving the quality of life for those in need of stable and secure housing.
This information is meant to be a general summary of Louisiana Housing Lab 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 2021.
- Program Service Revenue: $26,265
- Gross Receipts: $27,628
Assets and Liabilities:
- Total Assets: $856,790
- Total Liabilities: $846,941
- Net Assets: $9,849
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Organization Details
Founding Year
2021
Principal Officer
Corey Saft
NTEE Category
Code: L20 - Housing
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