St Katharine Drexel Manor Inc is located in Lafayette, LA. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. St Katharine Drexel Manor 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 06/2022, St Katharine Drexel Manor Inc generated $174.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $207.2k during the year ending 06/2022. While expenses have increased by 4.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES HUD SUBSIDIZED HOUSING TO LOW INCOME INDIVIDUAL UNDER THE AUSPICES OF THE ROMAN CATHOLIC DIOCESE OF LAFAYETTE, LA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HUD SUBSIDIZED HOUSING TO LOW INCOME INDIVIDUAL UNDER THE AUSPICES OF THE ROMAN CATHOLIC DIOCESE OF LAFAYETTE, LA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maureen Fontenot Secretary | OfficerTrustee | 1 | $0 |
Bishop J Douglas Deshotel President | OfficerTrustee | 1 | $0 |
Monsignor W Curtis Mallet Vice Preside | OfficerTrustee | 1 | $0 |
Deacon Jeff Trumps Treasurer | OfficerTrustee | 1 | $0 |
Very Reverend Joshua P Guillory Board Member | Trustee | 1 | $0 |
Deacon Jim Kincel Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $121,039 |
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 | $121,039 |
Total Program Service Revenue | $53,154 |
Investment income | $115 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $174,308 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,793 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,495 |
Payroll taxes | $1,233 |
Fees for services: Management | $15,120 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,754 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $21,857 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,943 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,864 |
Insurance | $14,617 |
All other expenses | $1,087 |
Total functional expenses | $207,228 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $106,340 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $240 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $21,441 |
Net Land, buildings, and equipment | $870,312 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,689 |
Total assets | $1,002,022 |
Accounts payable and accrued expenses | $19,861 |
Grants payable | $0 |
Deferred revenue | $953 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,739 |
Total liabilities | $24,553 |
Net assets without donor restrictions | -$415,132 |
Net assets with donor restrictions | $1,392,601 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,002,022 |
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Community Development Corporation Of Brownsville Inc Brownsville, TX | $63,084,439 | $14,190,282 |
Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
South Mississippi Housing Anddevelopment Corporation Gulfport, MS | $21,301,727 | $2,501,846 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |
American Agape Foundation Inc San Antonio, TX | $16,088,776 | $3,043,665 |