Lou-Home Inc.
Lou-Home Inc.
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About this organization
Revenue
$14,918
Expenses
$16,324
Mission
Provide affordable Homes
About
LOU Homes Inc has provided affordable homes to 3 new patrons this year, and has built a foundation for further progress in the coming years. It has managed to sell homes at substantially less than the prevailing appraisal values in the area. LOU Homes continues to offer financial information to potential buyers, to help them get their financial health in order. LOU Homes Inc has provided affordable homes to 3 new patrons this year, and has built a foundation for further progress in the coming years. It has managed to sell homes at substantially less than the prevailing appraisal values in the area. LOU Homes continues to offer financial information to potential buyers, to help them get their financial health in order.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “Provide affordable homes”.
When detailing its responsibilities, they were listed as: “Provide affordable homes”.
- The state in which the non-profit is legally permitted to operate is MS.
- The address of the non-profit for 2020 according to the filing is 7 Private Rd 3057 Unit 7, Oxford, MS, 38655.
- The number of employees reported by the non-profit on their form as of 2020 is 1.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Revenue is less than $100,000.
- Revenue less expenses is -$1,406.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has 17 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $13,649 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.