Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
EIN 26-1619515 • 501(c)3 • Lafayette, LA
Profile
The organization provides low income housing on a non-profit basis pursuant to section 222 (b) (3) of the national housing act.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Down$1,076,101
Down $4,044 (-0.4%) from 2023
Liabilities
Down$24,590
Down $6,054 (-20%) from 2023
Net Assets
Up$1,051,511
Up $2,010 (+0.2%) from 2023
Revenue
Up$136,177
Up $41,077 (+43%) from 2023
Expenses
Down$143,970
Down $22,413 (-13%) from 2023
Net Income
Up-$7,793
Up $63,490 (+89%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The organization provides low income housing on a non-profit basis pursuant to section 222 (b) (3) of the national housing act.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,041,256 | $1,010,320 | ▼ $30,936 |
| Savings and Temporary Cash Investments | $27,423 | $39,293 | ▲ $11,870 |
| Cash and Non-Interest-Bearing Accounts | $2,252 | $14,288 | ▲ $12,036 |
| Prepaid Expenses and Deferred Charges | $8,593 | $10,702 | ▲ $2,109 |
| Accounts Receivable | $621 | $1,498 | ▲ $877 |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,080,145 | $1,076,101 | ▼ $4,044 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $19,486 | $22,533 | ▲ $3,047 |
| Accounts Payable and Accrued Expenses | $11,122 | $2,057 | ▼ $9,065 |
| Deferred Revenue | $36 | - | - |
| Total Liabilities | $30,644 | $24,590 | ▼ $6,054 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,049,501 | $1,051,511 | ▲ $2,010 |
| Total Net Assets Fund Balance | $1,049,501 | $1,051,511 | ▲ $2,010 |
| Total Liabilities and Net Assets / Fund Balance | $1,080,145 | $1,076,101 | ▼ $4,044 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $982,606 | $533,172 | $1,515,778 |
| Land | $22,000 | - | $22,000 |
| Equipment | $1,746 | $18,254 | $20,000 |
| Other Land Buildings | $3,968 | $13,477 | $17,445 |
| Name | Title |
|---|---|
| Donald Popillion Sr | President |
| Alton Thomas Sr | Vice President |
| Genevia Lartigue | Director |
| Joseph H Semien | Director |
| Dana Calvin | Secretary |
| Jimmy Arvie | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $105,952 |
| Salaries, Compensation, and Employee Benefits | $38,018 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $40,740 | - | - | $40,740 |
| Other Salaries and Wages | $35,195 | - | - | $35,195 |
| Insurance | $21,112 | - | - | $21,112 |
| All Other Expenses | $10,729 | - | - | $10,729 |
| Fees for Services Management | $8,262 | - | - | $8,262 |
| Office Expenses | $5,723 | - | - | $5,723 |
| Other Expenses | $3,601 | - | - | $3,601 |
| Payroll Taxes | $2,823 | - | - | $2,823 |
| Fees for Services Accounting | $1,410 | - | - | $1,410 |
| Fees for Services Legal | $186 | - | - | $186 |
| Conferences and Meetings | $180 | - | - | $180 |
| Total Functional Expenses | $143,970 | $0 | $0 | $143,970 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The board of directors contracted out the management of the organization. The day to day management operations are performed by kennedy management company, a property management consulting firm.”
“Tax return is prepared by Vige, Tujague & Noel, CPA's after the financial statements are prepared then presented to officers for review and signatures to file.”
“The board of directors monitors on an ongoing basis the conflict of interest policy.The directors, if they become aware of any problems, will address the problem at the regular meeting or call for a special meeting if necessary.”
“Management will provide necessary information upon request. Send request to p.o. Box 92714, lafayette, louisiana, 70509”
“No documents available to the public.”
“Capitalize prior years fixed assets = $9803”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2057 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 621 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1498 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION PROVIDES LOW INCOME HOUSING ON A NON-PROFIT BASIS PURSUANT TO SECTION 222 (B) (3) OF THE NATIONAL HOUSING ACT. |
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| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10729 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10729 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAFAYETTE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 70509 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 14288 |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 180 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -7793 |
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| IRS990/CYTotalExpensesAmt | 0 | 143970 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 136177 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 40740 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 40740 |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
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| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2007 |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 9803 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
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| IRS990/OtherExpensesGrp/Desc | 2 | STIPEND |
| IRS990/OtherExpensesGrp/Desc | 3 | SEWER |
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| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3650 |
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| IRS990/PYTotalRevenueAmt | 0 | 95100 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD OF DIRECTORS CONTRACTED OUT THE MANAGEMENT OF THE ORGANIZATION. THE DAY TO DAY MANAGEMENT OPERATIONS ARE PERFORMED BY KENNEDY MANAGEMENT COMPANY, A PROPERTY MANAGEMENT CONSULTING FIRM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Tax return is prepared by Vige, Tujague & Noel, CPA's after the financial statements are prepared then presented to officers for review and signatures to file. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The board of directors monitors on an ongoing basis the conflict of interest policy.The directors, if they become aware of any problems, will address the problem at the regular meeting or call for a special meeting if necessary. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MANAGEMENT WILL PROVIDE NECESSARY INFORMATION UPON REQUEST. SEND REQUEST TO P.O. BOX 92714, LAFAYETTE, LOUISIANA, 70509 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | No documents available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CAPITALIZE PRIOR YEARS FIXED ASSETS = $9803 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XI, Line 9 |
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| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 92714 |
| IRS990/USAddress/CityNm | 0 | LAFAYETTE |
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| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DONALD POPILLION SR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHATAIGNIER AFFORDABLE HOUSING INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHAT |
| ReturnHeader/Filer/EIN | 0 | 261619515 |
| ReturnHeader/Filer/PhoneNum | 0 | 3373326004 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | LAFAYETTE |
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| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 70509 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 721227844 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Vige Tujague & Noel CPAs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 151 N 2nd St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Eunice |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 70535 |
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