Louisiana Disabled Persons Housing Corporation
- Assets
- $391.9k
- Revenue
- $300.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 10/1983
- Data as of
- 06/2022
- EIN
- 72-0979552
Organization Overview
Louisiana Disabled Persons Housing Corporation is located in Shreveport, LA. The organization was established in 1983. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. Louisiana Disabled Persons Housing Corporation 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, Louisiana Disabled Persons Housing Corporation generated $300.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $246.4k during the year ending 06/2022. While expenses have increased by 2.1% 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
PROVIDE LOW COST HOUSING TO HANDICAPPED ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW-COST, HUD-SUBSIDIZED APARTMENT HOUSING TO APPROXIMATELY 25 HANDICAPPED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Lott President | OfficerTrustee | 0.5 | $0 |
Susan K Whitelaw Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Kristen Powers Executive Director | Officer | 1 | $0 |
Adam Sistrunk Director | Trustee | 0.5 | $0 |
Debbie Banks Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $21,500 |
| Government grants | $157,247 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,747 |
| Total Program Service Revenue | $84,947 |
| Investment income | $5 |
| 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 | $300,303 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $52,925 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,065 |
| 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 | $774 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $27,235 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,772 |
| Insurance | $17,989 |
| All other expenses | $0 |
| Total functional expenses | $246,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| 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 | $200 |
| Net Land, buildings, and equipment | $315,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,340 |
| Total assets | $391,861 |
| Accounts payable and accrued expenses | $2,134 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $276,884 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $51,537 |
| Total liabilities | $330,555 |
| Net assets without donor restrictions | $61,306 |
| Net assets with donor restrictions | $0 |
| 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 | $391,861 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisiana Disabled Persons Housing Corporation has recieved totaling $21,500.
| Awarding Organization | Amount |
|---|---|
The Arc Caddo-Bossier Foundation Shreveport, LA PURPOSE: TO SUPPORT THEIR MISSION TO PROVIDE LOW COST HOUSING TO HANDICAPPED ADULTS | $21,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
H C Signs Of Hope Inc Kerrville, TX | $978,014 | $2,147,089 |
Independence Manor Ii Inc Nacogdoches, TX | $549,784 | $424,660 |
Louisiana Disabled Persons Housing Corporation Shreveport, LA | $391,861 | $300,303 |
Casa De Paz Housing Services Inc Kingsville, TX | $208,697 | $231,731 |
Beacon Harbor It Inc Greenwood, MS | $193,850 | $159,596 |
Valley Housing Inc Russellville, AR | $237,602 | $0 |
Myrtle Avenue Community Development Corporation El Paso, TX | $1,063,602 | $77,998 |
River Heights Apartments Inc Jackson, MS | $292,535 | $0 |
Potters Palace Dallas, TX | $7,811 | $0 |