Acadiana Development Foundation
- Assets
- $445.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Opelousas, LA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 72-1368853
Organization Overview
Acadiana Development Foundation is located in Opelousas, LA. The organization was established in 1998. 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. Acadiana Development Foundation 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 12/2022, Acadiana Development Foundation generated $22.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.8% each year . All expenses for the organization totaled $23.4k during the year ending 12/2022. While expenses have increased by 58.5% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FACILITIES TO LOW INCOME TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lamke President | 0 | $0 | |
Barbara Behringer Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,632 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,637 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $461 |
| Professional fees and other payments to independent contractors | $3,132 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,839 |
| Total expenses | $23,432 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,112 |
| Other assets | $0 |
| Total assets | $445,826 |
| Total liabilities | $459,998 |
| Net assets or fund balances | -$14,172 |