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Open Doors Louisiana Inc

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

EIN: 812620437 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

Overview

What is Open Doors Louisiana Inc?

Open Doors Louisiana Inc is a nonprofit organization situated in Lafayette, Louisiana, with an address at 900 South College Road 304. Their primary mission is to economically empower and improve the quality of life for low to moderate income individuals. They achieve this by preserving affordable housing and revitalizing communities through the construction and management of both multi-family and single-family housing. With a dedicated team of only two employees, Open Doors Louisiana Inc aims to make a substantial impact in their local community by providing families with affordable housing options.


Is Open Doors Louisiana Inc legitimate?

Open Doors Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Doors Louisiana 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,370

For more financial information, click here


What is the mission statement of Open Doors Louisiana Inc?
Who is the CEO of Open Doors Louisiana Inc?
What is the revenue of Open Doors Louisiana Inc?
Who are the executives of Open Doors Louisiana Inc and what are their salaries?
Where can I find the form 990 for Open Doors Louisiana Inc?

Mission Statement of Open Doors Louisiana Inc

Open Doors Louisiana Inc is committed to economically empowering and enhancing the quality of life for individuals with low to moderate incomes. Their mission is to achieve this by revitalizing communities through the construction and management of both multi-family and single-family housing. By doing so, Open Doors Louisiana Inc aims to preserve affordable housing, thereby contributing to the betterment of these individuals' living conditions.

Impact

This information is meant to be a general summary of Open Doors Louisiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Open Doors Louisiana Inc's impact is in economically empowering and increasing the quality of life for low to moderate-income individuals and preserving affordable housing in Lafayette, Louisiana. Through their construction and management of multi-family and single-family housing, they are revitalizing communities and providing much-needed housing options for those in need. Their work goes beyond just providing shelter; it contributes to the overall well-being and stability of individuals and families facing financial challenges.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $609,525
  • Gross Receipts: $689,071

    • Assets and Liabilities:
  • Total Assets: $3,530,610
  • Total Liabilities: $4,095,700
  • Net Assets: -$565,090
  • Programs

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

    LAUNDRY INCOME

    Revenue

    $7,771

    RENTAL/PROPERTY MANAGEMEN

    Revenue

    $425,296

    SALE OF STEPHENS ST

    Revenue

    $176,458

    Organization Details

    Founding Year

    2014

    Principal Officer

    Lynel F Wilson Jr

    Main Address

    900 SOUTH COLLEGE ROAD 304, LAFAYETTE, LA, 70503

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Open Doors Louisiana Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.