EIN 45-1351163

Regional Community Finance

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2022-12-01
Description
The nature of the business or purpose to be conducted or promoted is as follows: (i) to foster low and moderate income housing; (ii) to promote economic development through Community development projects primarily targeted to benefit low and moderate income residents; (iii) to relieve the burdens of the government; (iv) to work with other national, Regional and local organizations to further the goals of the corporation. To foster low and moderate income housing, and to promote economic development.
Also known as...
GCHP Housing Finance
Total revenues
$1,453,337
2022
Total expenses
$1,811,893
2022
Total assets
$47,829,039
2022
Num. employees
0
2022

Program areas at Regional Community Finance

Regional Community Finance, Inc. has provided over $25 million in Community development loan funds in new markets tax credit transactions that benefit low income communities in new orleans and baton rouge, Louisiana. The projects include new commercial real estate that serves as part of larger mixed use developments and redevelopment of vacant properties into commercial and Community facilities. Regional Community Finance also has an operating lease on one of the new markets tax credit properties.

Grants made by Regional Community Finance

GranteeGrant descriptionAmount
Gulf Coast Housing PartnershipCancellation of Debt$1,337,000

Personnel at Regional Community Finance

NameTitleCompensation
Kathleen LabordeDirector$0
Richard CampbellTreasurer and Secrtary$0
George DupuySecretary$0
A Kelton LongwellSecretary / Officer and Director$0

Financials for Regional Community Finance

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,453,455
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-118
Total revenues$1,453,337

Form 990s for Regional Community Finance

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
2020-122021-12-22990View PDF
2019-122021-04-02990View PDF
2018-122020-01-03990View PDF
2017-122019-02-22990View PDF
...and 5 more Form 990s
Data update history
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 3 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 14, 2021
Received grants
Identified 1 new grant, including a grant for $1,736,301 from Gulf Coast Housing Partnership
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
1626 Oretha Castle Haley Blvd
New Orleans, LA 70113
Metro area
New Orleans-Metairie, LA
Phone
(504) 525-2505
IRS details
EIN
45-1351163
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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