Shelter Resources Inc

Nonprofit profile at a glance

EIN
582022068
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
New Orleans, LA, USA
Phone
5049459455
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$35,161
Expenses
$118,463
Assets
$1,775,768
Liabilities
$4,139

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • KATY CARAWAY (PRESIDENT)
  • VICKI WEEKS (VICE PRESIDENT)

Highest reported compensation

  • WILLIAM BEDWELL (EXECTIVE DIRECTOR): $96,196 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Previously a community-based housing program for individuals living with HIV, shelter resources, inc. Shall provide affordable housing for seniors that is consistent with the principles of diversity, respect and dignity.

What it reported doing in 2025

CREATION OF AFFORDABLE LIVING OPPORTUNITIES TO SENIOR POPULATIONS AND/OR OTHER INDIVIDUALS FROM UNDERSERVED COMMUNITIES. COMPLETED IN DECEMBER 2023, COINCIDING WITH ITS 30TH ANNIVERSARY THE NEW BELLE REVE CENTER SERVES AS THE FOUNDATION FOR A HEALTHY, WELCOMING AND ENGAGED COMMUNITY OF SENIORS AGE 62+ WITH AMENITY SPACES SET ASIDE FOR HEALTH AND WELLNESS, RECREATION, EDUCATION, SUPPORT AND SOCIALIZATION. RESIDENTS ENJOY A VARIETY OF OUTDOOR SPACES FOR RECREATIONS AND CONTEMPLATION, AREAS WHICH MAY ALSO TO BE PROGRAMMED AS AVAILABLE FOR USE BY THE COMMUNITY. THE BELLE REVE CENTER WILL CONNECT RESIDENTS TO RESOURCES, SERVICES AND PROGRAMS IN THE COMMUNITY THAT ADDRESS THEIR CURRENT AND FUTURE NEEDS THROUGH CASE MANAGEMENT SERVICES FOR THE SENIOR RESIDENTS, INCLUDING INFORMATIONAL REFERRALS, HELP WITH BENEFITS AND ENTITLEMENT ASSISTANCE AND ACCESS TO PSYCHOSOCIAL SUPPORT GROUPS: NA/AA MEETINGS, BEREAVEMENT THERAPY BEING EXAMPLES, WHILE ENGAGING COMMUNITY PARTNERS TO PROVIDE A VARIETY OF ADDITIONAL PROGRAMS AND SERVICES ON SITE-FINANCIAL AND COMPUTER LITERACY, LIBRARY BOOK CLUB, HEALTH AND WELLNESS ACTIVITIES.Having access as a resident to the Belle Reve Library to bring my grandchildren after school has been such a great opportunity to spend more time with them. We have used the books to discuss different topics and it has really help us improve our communication since they are younger and I am obviously much older. We have really gotten to know one another so much more. Thank you, Belle Reve Thanks to Belle Reve and the monthly groceries that I am now receiving, my concern about having to decide between my medicine or buy food is not what it was. We get bagged groceries from the Belle Reve pantry, enough to last me for several weeks and it includes the staples that we all need at home. It may not seem like much, but this year I was diagnosed with cancer and had to have an operation, so leaving my apartment to travel to the store to shop has also been a challenge, and Belle Reve helped take care of that problem as well (Im lucky, the pantry is located on my same floor!)

Operating model

Revenue model
Other-operating. 67% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 83
  • Accountability: 84
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80.5%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -236.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 14.99; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 81.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -32.9% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -39.1% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $96K · 6 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.