Options For Independence

Organization Overview

Options For Independence is located in Houma, LA. The organization was established in 1993. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Options For Independence employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Options For Independence 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 Independence generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. 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

OUTREACH SERVICES IN THE AREAS OF MENTAL HEALTH, HOUSING, EMPLOYMENT, SUBSTANCE ABUSE PREVENTION AND TREATMENT, AND FINANCIAL INDEPENDENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES OUTREACH AND CASE MANAGEMENT SERVICES TO INDIVIDUALS WITH SERIOUS MENTAL ILLNESSES, INCLUDING THE HOMELESS, AIDING IN THEIR RECOVERY.


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Board, Officers & Key Employees

Name (title)Compensation
Barry Chauvin
Chief Executive Officer
$99,999
Mary Davis
Secretary
$0
Randall Alfred
Treasurer
$0
Sherl Turner
Executive Director
$74,999

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$36,000
Government grants $1,397,797
All other contributions, gifts, grants, and similar amounts not included above$45,530
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,479,327
Total Program Service Revenue$629,484
Investment income $20,011
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $90,918
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 $2,224,797

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