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EIN 45-1351163

Regional Community Finance

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New Orleans
State
Louisiana
Year formed
2012
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Regional Community Finance fosters low and moderate income housing and promotes economic development through community development projects primarily targeted to benefit low and moderate income individuals. Over $25 million in community development loan funds have been provided for new markets tax credit transactions benefiting low income communities in New Orleans and Baton Rouge, Louisiana. These projects include new commercial real estate developments.
Also known as...
GCHP Housing Finance
Total revenues
$1,346,451
2023
Total expenses
$2,104,225
2023
Total assets
$43,600,056
2023
Num. employees
0
2023

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 LabordePresident$0

Financials for Regional Community Finance

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,346,518
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$0
Miscellaneous revenues$-67
Total revenues$1,346,451

Form 990s for Regional Community Finance

Fiscal year endingDate received by IRSFormPDF link
2023-122025-02-02990View PDF
2022-122024-02-14990View PDF
2021-122022-11-15990View PDF
2020-122021-12-22990View PDF
2019-122021-04-02990View PDF
...and 7 more Form 990s
Data update history
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 19, 2024
Used new vendors
Identified 1 new vendor, including
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
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
1626 Oretha Castle Haley Blvd
New Orleans, LA 70113
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, 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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