SOUTH CENTRAL REGIONAL AFFORDABLE COMMUNITY HOUSING AUTHORITY

EIN: 920461685 501(c)(3) Housing & Shelter

HOUMA, LA

Total Revenue
$411,795
Total Expenses
$313,163
Total Assets
$1,617,283
Net Assets
$1,096,149
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
LA
Principal Officer
KEVIN P BELANGER
Phone
9858512900
Tax Period
2024-07-01 to 2025-06-30

SOUTH CENTRAL REGIONAL AFFORDABLE COMMUNITY HOUSING AUTHORITY, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $412K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $99K, a strong 24% operating margin.

Mission

THE SOUTH CENTRAL REGIONAL AFFORDABLE COMMUNITY HOUSING AUTHORITY IS DEDICATED TO SUPPORTING AFFORDABLE HOUSING INITIATIVES THROUGH ACCEPTING DONATIONS TO FUND THE CONSTRUCTION OF AFFORDABLE HOUSING AND WORKING TO PROVIDE HOUSING SOLUTIONS IN THE REGION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $149,000
Program Service Revenue $225,000
Investment Income $37,336
Other Revenue $459
TOTAL REVENUE $411,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $309,852
Other Expenses $313,163
TOTAL EXPENSES $313,163

Year-over-Year Comparison

2024 2023 Change
Revenue $411,795 $1,024,005 -0.6%
Expenses $313,163 $26,488 +10.8%
Net Income $98,632 $997,517 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$789,761
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERCEDES BERNARD BOARD DIRECTOR 1.00
Director
$0 $0 $0
AMANDA MATIS BOARD DIRECTOR 1.00
Director
$0 $0 $0
ARLANDA WILLIAMS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLI CUNNINGHAM BOARD DIRECTOR 1.00
Director
$0 $0 $0
JOEY LEE BOARD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CHATMON BOARD DIRECTOR 1.00
Director
$0 $0 $0
RODNEY WOODS BOARD DIRECTOR 1.00
Director
$0 $0 $0
BARBARA WOODS BOARD DIRECTOR 1.00
Director
$0 $0 $0
ELIZA EUGENE BOARD DIRECTOR 1.00
Director
$0 $0 $0
KEVIN P BELANGER PRESIDENT 1.00
Officer
$0 $84,210 $358,416
JULIE FORET TREASURER 1.00
Officer
$0 $47,974 $227,728
CULLEN CUROLE SECRETARY 1.00
Officer
$0 $56,407 $203,617
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $411,795 $313,163 $1,617,283 $98,632
2024 $1,024,005 $26,488 $997,517 $997,517
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