EIN 72-0864543

New Orleans Regional Business Development Loan Corporation

IRS 501(c) type
501(c)(6)
Num. employees
7
Year formed
1978
Most recent tax filings
2023-12-01
Description
New Orleans Regional Business Development Loan Corporation promotes and encourages economic development in thirteen Louisiana parishes to ensure greater employment opportunities, assist business growth, and create business expansion. It has serviced approximately 59 loans that fostered economic development and employment, using government funds from state and federal agencies. Its location is in New Orleans, LA.
Also known as...
N O Regional Bus Devel Loan Corporation
Total revenues
$1,508,174
2023
Total expenses
$958,449
2023
Total assets
$16,723,419
2023
Num. employees
7
2023

Program areas at New Orleans Regional Business Development Loan Corporation

Service approximately 53 loans which fostered economic Development and employment. These loans were made with government funds obtained from state and federal agencies.

Personnel at New Orleans Regional Business Development Loan Corporation

NameTitleCompensation
Tee BetzExecutive Director$204,128
Randy OpotowskyPresident$0
Duane J AbadieTreasurer$0
Keith A JarrettVice President$0
L Keith ASecretary

Financials for New Orleans Regional Business Development Loan Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$776,092
Investment income and dividends$242,214
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$489,868
Total revenues$1,508,174

Form 990s for New Orleans Regional Business Development Loan Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-27990View PDF
2022-122023-04-12990View PDF
2021-122022-04-05990View PDF
2020-122021-04-01990View PDF
2019-122021-03-17990OView PDF
...and 9 more Form 990s
Data update history
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 3 new personnel
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 3, 2022
Updated personnel
Identified 2 new personnel
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Business and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government funding
General information
Address
3801 Canal St 320
New Orleans, LA 70119
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, LA
Website URL
rlcsbidco.com/ 
Phone
(504) 542-6172
IRS details
EIN
72-0864543
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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