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 09/2023, Lou-Home Inc generated $19.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $43.3k during the year ending 09/2023. While expenses have increased by 22.5% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
BELLE RIVERS HOUSING ASSISTANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Laurenzo Cao | 4 | $0 | |
Leroy Thompson Treasurer | 0 | $0 | |
Brittney Marks Secretary | 0 | $0 | |
Brooke Worthy President | 0 | $0 | |
Duncan Gray Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,773 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $212 |
Other Revenue | $1,542 |
Total Revenue | $19,527 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,775 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $2,349 |
Printing, publications, postage, and shipping | $795 |
Other expenses | $16,346 |
Total expenses | $43,265 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,798 |
Other assets | $0 |
Total assets | $95,514 |
Total liabilities | $1,384 |
Net assets or fund balances | $94,130 |