Island Place Inc

Organization Overview

Island Place Inc is located in Ferriday, LA. The organization was established in 2001. 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. As of 09/2023, Island Place Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Island Place 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 09/2023, Island Place Inc generated $83.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $135.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LOW INCOME ELDERLY HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE A 16 UNIT APARTMENT COMPLEX FOR LOW INCOME ELDERLY PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Dwayne Guice
Director
$0
Debra Walker
Secretary
$0
Guy Barfield
Director
$0
Rev Michael Owens
Director
$0
Phyllis White
Chairman
$0
Amberson Hayes Wade
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $51,001
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$51,001
Total Program Service Revenue$32,369
Investment income $154
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 $83,524

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