Magnolia Community Development Corp

Community development organization based in Opelousas, LA. 1 employees. Exempt under §501(c)(3).

MissionHOUSING - RENOVATED AND REPAIRED 6 VETERAN OWNED HOMES THROUGH THE FHLB SNAP PROGRAM AND THE HAC AHRV PROGRAM.

Financial snapshot · TY 2022

$383K
Total revenue
$553K
Total expenses
$199K
Net assets

Financial health · TY 2023

14
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-26.4 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
68
Mix of program fees, grants & contributions

Leadership compensation

Ralph Broussard
Executive Dir.
$61,743
39th percentile vs. peers

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Magnolia Community Development Corp Executive Compensation | 990 Data | DoubleNine