Civic Intelligence

New Iberia Housing Corporation

EIN 58-1940089 • 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.

PO Box 62190Lafayette, LA 70596

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

35th percentile

-6.2%

Higher net margin than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

47th percentile

-4.0%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

5.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$498,161

Down $20,787 (-4.0%) from 2024

Liabilities

Down

$15,854

Down $7,580 (-32%) from 2024

Net Assets

Down

$482,307

Down $13,207 (-2.7%) from 2024

Operations
Liabilities / Revenue81st percentileNet Margin35th percentile

Revenue

Up

$213,605

Up $11,192 (+5.5%) from 2024

Expenses

Up

$226,812

Up $23 (+0.0%) from 2024

Net Income

Up

-$13,207

Up $11,169 (+46%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $663,519Liabilities 2011: $17,167Net Assets 2011: $646,3522011Assets 2012: $783,377Liabilities 2012: $57,431Net Assets 2012: $725,9462012Assets 2013: $760,813Liabilities 2013: $38,327Net Assets 2013: $722,4862013Assets 2014: $714,857Liabilities 2014: $13,063Net Assets 2014: $701,7942014Assets 2015: $678,071Liabilities 2015: $13,218Net Assets 2015: $664,8532015Assets 2016: $652,350Liabilities 2016: $16,935Net Assets 2016: $635,4152016Assets 2017: $630,664Liabilities 2017: $13,392Net Assets 2017: $617,2722017Assets 2018: $629,447Liabilities 2018: $25,269Net Assets 2018: $604,1782018Assets 2019: $597,979Liabilities 2019: $18,453Net Assets 2019: $579,5262019Assets 2020: $570,096Liabilities 2020: $15,956Net Assets 2020: $554,1402020Assets 2021: $558,150Liabilities 2021: $17,648Net Assets 2021: $540,5022021Assets 2022: $546,938Liabilities 2022: $16,121Net Assets 2022: $530,8172022Assets 2023: $556,798Liabilities 2023: $35,793Net Assets 2023: $521,0052023Assets 2024: $518,948Liabilities 2024: $23,434Net Assets 2024: $495,5142024Assets 2025: $498,161Liabilities 2025: $15,854Net Assets 2025: $482,3072025

Highlighted filing

2025

Assets$498,161
Liabilities$15,854
Net Assets$482,307
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $321,0202011Expenses 2012: $136,0232012Expenses 2013: $127,9642013Revenue 2014: $118,950Expenses 2014: $139,642Net Income 2014: -$20,6922014Revenue 2015: $117,202Expenses 2015: $154,143Net Income 2015: -$36,9412015Revenue 2016: $116,291Expenses 2016: $144,481Net Income 2016: -$28,1902016Revenue 2017: $114,952Expenses 2017: $133,095Net Income 2017: -$18,1432017Revenue 2018: $127,013Expenses 2018: $140,107Net Income 2018: -$13,0942018Revenue 2019: $128,817Expenses 2019: $153,469Net Income 2019: -$24,6522019Revenue 2020: $129,786Expenses 2020: $155,172Net Income 2020: -$25,3862020Revenue 2021: $160,105Expenses 2021: $173,743Net Income 2021: -$13,6382021Revenue 2022: $168,508Expenses 2022: $178,193Net Income 2022: -$9,6852022Revenue 2023: $200,934Expenses 2023: $210,746Net Income 2023: -$9,8122023Revenue 2024: $202,413Expenses 2024: $226,789Net Income 2024: -$24,3762024Revenue 2025: $213,605Expenses 2025: $226,812Net Income 2025: -$13,2072025

Highlighted filing

2025

Revenue$213,605
Expenses$226,812
Net Income-$13,207
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$498,161
Liabilities
$15,854
Net assets
$482,307
Revenue
$213,605
Expenses
$226,812
Net income
-$13,207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$0.16$4.82$2.14$2.27$0.13
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$0.23$4.96$2.02$2.27$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$0.36$5.21$2.01$2.11$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.16$5.31$1.69$1.78$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.18$5.41$1.60$1.74$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$0.16$5.54$1.30$1.55$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.98$0.18$5.80$1.29$1.53$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.29$0.25$6.04$1.27$1.40$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$0.13$6.17$1.15$1.33$0.18
2016Detailed filing. Detailed filing data is available for this year.$6.52$0.17$6.35$1.16$1.44$0.28
2015Detailed filing. Detailed filing data is available for this year.$6.78$0.13$6.65$1.17$1.54$0.37
2014Detailed filing. Detailed filing data is available for this year.$7.15$0.13$7.02$1.19$1.40$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.61$0.38$7.22$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.83$0.57$7.26$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.17$6.46$3.21
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 29, 2022
Return Version
2020v4.0
Gross Receipts
$160,105
Mission and Program Overview

Mission

The organization provides low income housing on a non-profit basis pursuant to section 222 (b) (3) of the national housing act.

The organization provides low income housing on a non-profit basis pursuant to section 222(b)(3) of the national housing act

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$460,848$432,470▼ $28,378
Savings and Temporary Cash Investments$84,761$103,716▲ $18,955
Prepaid Expenses and Deferred Charges$15,700$15,410▼ $290
Accounts Receivable$4,437$1,697▼ $2,740
Total Assets$570,096$558,150▼ $11,946
Other Assets Total$4,350$4,857▲ $507
Liabilities
Accounts Payable and Accrued Expenses$11,206$12,897▲ $1,691
Other Liabilities$4,171$4,678▲ $507
Deferred Revenue$579$73▼ $506
Total Liabilities$15,956$17,648▲ $1,692
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,177,400$1,177,400→ $0
Net Assets Without Donor Restrictions$-623,260$-636,898▼ $13,638
Total Net Assets Fund Balance$554,140$540,502▼ $13,638
Total Liabilities and Net Assets / Fund Balance$570,096$558,150▼ $11,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$396,168$486,203$882,371
Land$32,430-$32,430
Equipment$3,872$14,426$18,298
Other Land Buildings-$7,138$7,138
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Bishop J Douglas DeshotelPresident
Deacon Jim KincelBoard Member
Very Reverend Ken BroussardBoard Member
Very Reverend Jared G SuireDirector
Maureen FontenotSecretary
Deacon Jeff TrumpsTreasurer
Monsignor W Curtis MalletVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$98,960
Program Service Revenue
$60,044
Investment Income
$211
Other Revenue
$890
Change in Net Assets
$-13,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$160,105
Total Revenue per Audited Statements
$160,105
Total Revenue per Form 990
$160,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,369
Salaries, Compensation, and Employee Benefits$23,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$43,101--$43,101
Depreciation Depletion$28,378--$28,378
Other Salaries and Wages$21,818--$21,818
Fees for Services Management$16,416--$16,416
Office Expenses$14,956--$14,956
Insurance$12,147--$12,147
Fees for Services Accounting$8,754--$8,754
Payroll Taxes$1,204--$1,204
Advertising$611--$611
Other Expenses$552--$552
Other Employee Benefits$352--$352
All Other Expenses$70--$70
Total Functional Expenses$173,743$0$0$173,743

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$173,743
Total Expenses per Audited Statements$173,743
Total Expenses per Form 990$173,743
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$4,678
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“New iberia housing corporation is managed by an independent management company, cadence of acadiana, inc. Fees are paid on a monthly basis.”

Form 990, Page 6, Part VI, Line 11B

“Management reviews form 990 prior to its release to the public”

Form 990, Page 6, Part VI, Line 12C

“The board of directors monitors, on an ongoing basis, the conflcit of interest policy. The directors, if they become aware of any problems, will address the problem at its regular meeting or call for a special meeting if necessary.”

Form 990, Page 6, Part VI, Line 19

“Management will provide only those necessary documents to the public upon request”

Filing and Contact Details

Filer

Filer Name
New Iberia Housing Corporation
EIN
58-1940089
Phone
3372615811
Address
PO BOX 62190, LAFAYETTE, LA 70596

Signing Officer

Name
Deacon Jeff Trumps
Title
Treasurer
Phone
3372615811
Signed
2022-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bishop J Douglas Deshotel
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Wrightmooredehartdupuis & Hutchinson
Address
PO BOX 80569, LAFAYETTE, LA 70598
Preparer
Christine Dunn CPA
Phone
3372323637
Raw XML AppendixShowing 400 of 815 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NEW IBERIA HOUSING CORPORATION IS MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY, CADENCE OF ACADIANA, INC. FEES ARE PAID ON A MONTHLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS FORM 990 PRIOR TO ITS RELEASE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MONITORS, ON AN ONGOING BASIS, THE CONFLCIT OF INTEREST POLICY. THE DIRECTORS, IF THEY BECOME AWARE OF ANY PROBLEMS, WILL ADDRESS THE PROBLEM AT ITS REGULAR MEETING OR CALL FOR A SPECIAL MEETING IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT WILL PROVIDE ONLY THOSE NECESSARY DOCUMENTS TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt20CATHOLIC DIOCESE OF LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt21CATHOLIC DIOCESE OF LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt22CATHOLIC DIOCESE OF LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt23CATHOLIC DIOCESE OF LA

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