Overview
What is St Dominic Place Inc?
St. Dominic Place Inc is a nonprofit organization situated in Lafayette, Louisiana. Their primary focus is on managing a low-income housing complex that is subsidized by the HUD. This facility provides crucial housing solutions for individuals with limited financial resources, contributing to their overall well-being. The organization's mission is deeply rooted in the provision of affordable housing, aiming to improve living conditions and promote stability in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
St Dominic Place Inc has received a solid rating of 87% from Charity Navigator, highlighting its commendable performance in Accountability & Finance. This score emphasizes the organization’s strong governance practices and fiscal responsibility, as it achieved perfect scores in key areas such as board independence, conflict of interest policies, and document retention.
The organization boasts a 90.68% program expense ratio, indicating that a significant portion of its funding is allocated directly to its programs, which is a positive sign for donors looking for impactful contributions. Furthermore, the absence of material diversion of assets and a low liabilities-to-assets ratio of 3.87% demonstrate St Dominic Place Inc's sound financial health and transparency.
While the organization shows strong financial metrics, potential donors may want to consider looking into its program outcomes and overall impact in the community, as these aspects were not covered in the rating summary. Overall, St Dominic Place Inc appears to be a reliable charity with solid financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is St Dominic Place Inc legitimate?
St Dominic Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Dominic Place 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: $13,119
For more financial information, click here
What is the mission statement of St Dominic Place Inc?
St. Dominic Place Inc. is dedicated to providing affordable housing for individuals with low income, operating under the auspices of the U.S. Department of Housing and Urban Development (HUD). The organization's primary objective is to ensure that eligible individuals have access to safe and comfortable living spaces, thereby contributing to their overall well-being. The complex operated by St. Dominic Place Inc. serves as a crucial resource in addressing housing challenges faced by individuals in need, thereby promoting social stability and community development.
Who is the CEO of St Dominic Place Inc?
Bishop J Douglas Deshotel is the President of St Dominic Place Inc.
What is the revenue of St Dominic Place Inc?
St Dominic Place Inc's revenue in 2022 was $129,741.
Who are the executives of St Dominic Place Inc and what are their salaries?
There 7 volunteers at St Dominic Place Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Dominic Place Inc?
St Dominic Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Dominic Place Inc
St. Dominic Place Inc, as per its mission, operates a low-income HUD subsidized housing complex. This organization is dedicated to providing affordable living spaces for individuals who fall under the low-income bracket. By operating this housing complex, St. Dominic Place Inc contributes to the community by offering a safe and subsidized living environment for those in need. The organization's commitment to low-income housing is a testament to its dedication to social welfare and housing equality.
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Impact
October, 2024
St. Dominic Place Inc significantly impacts the Lafayette, LA community by providing affordable housing options for low-income individuals and families. By operating a HUD-subsidized housing complex, it ensures that residents have access to safe and stable living conditions, which is crucial for fostering a sense of community and enhancing overall quality of life. This initiative not only addresses the critical need for affordable housing but also contributes to reducing homelessness and housing instability in the area. By creating a supportive environment, St. Dominic Place Inc plays a vital role in promoting dignity, stability, and opportunity for its residents.
This information is meant to be a general summary of St Dominic Place 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.
- Investment Income: $113
- Program Service Revenue: $50,718
- Gross Receipts: $129,741
Assets and Liabilities:
- Total Assets: $818,705
- Total Liabilities: $14,140
- Net Assets: $804,565
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$50,718
Organization Details
Phone
(337) 261-5811Principal Officer
Bishop J Douglas Deshotel
Main Address
PO BOX 62190, LAFAYETTE, LA, 70596
NTEE Category
Code: L22 - Housing
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