Options For Affordable Housing

Organization Overview

Options For Affordable Housing is located in Houma, LA. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Options For Affordable Housing 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 06/2022, Options For Affordable Housing generated $162.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $137.3k during the year ending 06/2022. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES SINGLE FAMILY RESIDENCES THAT ARE AFFORDABLE TO LOW AND MODERATE INCOME PERSONS LOCALLY. THE ORGANIZATION SOLICTS COMMUNITY INPUT, DESIGNS APPROPRIATE HOUSING UNITS, APPLIES FOR FUNDING, CONSTRUCTS UNITS AND OPERATES AND MANAGE THE UNITS PER FUNDING GUIDELINES.


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Board, Officers & Key Employees

Name (title)Compensation
Roosevelt Thomas
Chairman
$0
Steven Crispino
Member
$0
Michael Larussa
Member
$0
Ckirby Verret
Member
$0
Sandra Williams
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$139,535
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,594
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $162,347

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