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Provident Resources Group Inc.

Provident Resources Group Inc.

Baton Rouge, LA 70808
Tax ID58-2492101

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About this organization

Revenue

$112,207,440

Expenses

$141,862,888

Website

provident.org

Mission

Provident Resources Group, Inc. provides for the needs of the elderly, promotes healthy communities, serves the poor & distressed, promotes education, and lessens the burden of government.

About

The education resources division promotes and advances education through the development, construction, operation, financing and management of facilities of various types, including student housing, health and wellness, as well as academic and administrative space for the benefit of colleges and universities throughout the country. As of December 31, 2018, the organization owned and operated residential facilities providing more than 9,800 beds of safe, convenient and affordable student housing for students, faculty and staff of the institutions we serve.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “The stated charitable purpose of the organization shall include, without limitation, a broad range of activities, programs, and services that: -provide for and serve the needs of the elderly, which may be accomplished by the development, construction, acquisition, ownership, (continued in schedule o)”.

When detailing its duties, they were outlined as: “Provident resources group, inc. provides for the needs of the elderly, promotes healthy communities, serves the poor & distressed, promotes education, and lessens the burden of government.”.

  • According to the law, the state where the non-profit operates has been reported as GA.
  • The filing specifies that the non-profit's address in 2020 was 5565 Bankers Avenue, Baton Rouge, LA, 70808.
  • The non-profit's form for the year 2020 reports a total of 278 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$29,655,448.
  • The CEO compensation scheme within the organization is based on a review and endorsement process by a neutral entity.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 5 independent voting members.
  • The organization was formed in 1999.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $17,979,505 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization's financial statements were reviewed by an accountant.

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