LOU-HOME INC | LAFAYETTE OXFORD UNIVERSITY HOME

OXFORD, MS | Lafayette County
Affordable Housing

Overview

LOU-HOME INC | LAFAYETTE OXFORD UNIVERSITY HOME
13-4349811
424 S 10TH STREET
OXFORD, MS 38655
Lafayette County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • FFIEC Distressed Area
  • Opportunity Zone
Awards & Certifications info
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Financial, Budgeting and Credit Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Rental Housing Counseling
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$93.9K
Revenue
$93.9K
Assets
$185.9K
Exempt Ruling Date info
2007-09
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
MS
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
424 S 10TH STREET
OXFORD, MS 38655
Lafayette County
FIPS Geocoded Address info
37060
MSA/CBSA info
28
State info
071
County info
9502.02
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Oxford, MS
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Area Type info
Micropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 22.45%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
9502.02 Lafayette County
Population
Total Population 4,352 53,590
Total Households 1,899 18,721
Income
Median Family Income (Census*) $48,438 $50,272
Median Family Income (2019 FFIEC) $47,800 N/A
Tract Income Percentage 110.34% N/A
Below Poverty Level 42.2% 22.1%
Unemployment Level 11.0% 5.7%
Housing
Total Housing Units 3,263 25,653
Total Owner-Occupied Units 28.0% 62%
Total Renter-Occupied Units 30.2% 38%
Total Vacant Units 41.8% 27.3%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

13
Total Voting Members
in Governing Body
info
13
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Nathan Smith
Treasurer
(662) 801-1571
Principal Officer info
Kathy Sukanek
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.