Nonprofits›Southern Mutual Financial Services Inc
Housing & Shelter
Southern Mutual Financial Services Inc
NEW IBERIA, LA
Total revenue
$26K
Total expenses
$108K
Net assets
$277K
Grants received
$122K
3 grants
EIN
721462016
Tax year
2024
Mission
The organization is a community development financial institution (cdfi) concerned with quality of life of very low,low & moderate income persons especially pertaining to affordable housing,home ownership training ed. & financial budgeting especially in nine rural parishes.
Financials
FY 2024
Revenue
Contributions & grants$14K
Program service revenue$12K
Investment income$28
Other revenue—
Total revenue$26K
Expenses
Grants paid—
Salaries & benefits$32K
Fundraising—
Other expenses$52K
Total expenses$108K
Total assets$322K
Net assets$277K
People
5 listed
NameRoleCompensation
MARTHA MOORE
MEMBER
Board
—
1 hrs/wk
DR KATHERINE C DREXTER
MEMBER
Board
—
1 hrs/wk
DEEDY JOHNSON-REID
Secretary
Board
—
1 hrs/wk
LORNA BOURG
Treasurer
Board
—
6 hrs/wk
DR PHEBE HAYES
President
Board
—
2 hrs/wk
Grants received
Showing 3 of 3
FromAmountPurposeYear
Funded by
$122K from 2 funders · 3 grants · 2018–2020
Southern Mutual Help Association Inc
$72K · 2 grants · 2018–2019
Opportunity Finance Network
$50K · 1 grant · 2020
Details
EIN721462016
NTEE codeL20
Subsection03
Ruling date2000-06