Lou-Home Inc
- Assets
- $111.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Oxford, MS
- Founding
- 09/2007
- Data as of
- 09/2022
- EIN
- 13-4349811
Organization Overview
Lou-Home Inc is located in Oxford, MS. The organization was established in 2007. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lou-Home Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Lou-Home Inc generated $37.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 68.4% each year . All expenses for the organization totaled $71.5k during the year ending 09/2022. While expenses have increased by 35.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BELLE RIVERS HOUSING ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Laurenzo Cao | 4 | $0 | |
Brooke Worthy President | 0 | $0 | |
Duncan Gray Vice President | 0 | $0 | |
Leroy Thompson Treasurer | 0 | $0 | |
Brittney Marks Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,978 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $50 |
| Net Income from Gaming & Fundraising | $174 |
| Other Revenue | $437 |
| Total Revenue | $37,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,302 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $8,776 |
| Printing, publications, postage, and shipping | $540 |
| Other expenses | $14,012 |
| Total expenses | $71,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,198 |
| Other assets | $0 |
| Total assets | $111,105 |
| Total liabilities | $1,441 |
| Net assets or fund balances | $109,664 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lou-Home Inc has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
Crossroads Lousiana Inc New Orleans, LA | $7,147,653 | $6,355,494 |
New Orleans Area Habitat For Humanity Inc New Orleans, LA | $31,307,957 | $6,711,459 |
Appalachia Service Project Inc Johnson City, TN | $7,585,655 | $6,583,144 |
Opelika Housing Development Inc Opelika, AL | $23,510,237 | $5,353,776 |
Chattanooga Neighborhood Enterprise Inc Chattanooga, TN | $22,805,649 | $5,214,534 |
Breakthrough Corporation Knoxville, TN | $2,277,742 | $4,880,095 |
United Housing Inc Memphis, TN | $16,331,371 | $3,821,047 |
Habitat For Humanity International Inc Lafayette, LA | $3,960,874 | $5,205,477 |
Erc Foundation Inc Little Rock, AR | $7,863,652 | $3,070,870 |
Habitat For Humanity International Inc Baton Rouge, LA | $7,170,984 | $3,580,335 |