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Gulf Coast Housing Partnership Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204216595 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Gulf Coast Housing Partnership Inc?

Gulf Coast Housing Partnership Inc, based in New Orleans, Louisiana, is a nonprofit organization dedicated to revitalizing the Gulf Coast region through transformative development. As of 2021, they have placed in service or have in production a total of 3,850 affordable housing units, including ownership, rental, and supportive housing. An additional 907 units were under construction, and 180 were completed during that year. Through collaborative partnerships with public, nonprofit, and private entities, GCHP delivers industry-standard real estate development expertise throughout the Gulf Coast region. Their mission is to create vibrant, high-quality communities that are socially and economically integrated, affordable, and sustainable. Currently, the organization employs a team of 114 individuals.


Official website here: www.gchp.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Gulf Coast Housing Partnership Inc has received a Three-Star rating from Charity Navigator, indicating a reasonably good level of accountability and finance management. The overall score is solely based on the organization's performance in accountability and finance, which reflects an emphasis on transparency and effective use of resources.

The organization scored particularly well in various categories, such as financial statements, material diversion of assets, and compliance with policies like conflict of interest and whistleblower protections. Its program expense ratio of 86.57% suggests that a significant portion of its funds is directed towards its programs, emphasizing its commitment to its mission.

However, while the accountability and finance aspects are strong, there are no additional ratings or metrics provided, which could give a more rounded view of the organization's overall impact and effectiveness in fulfilling its mission. This limitation means that potential donors and stakeholders should consider other factors beyond just financial accountability when engaging with Gulf Coast Housing Partnership Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Gulf Coast Housing Partnership Inc legitimate?

Gulf Coast Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast Housing Partnership Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,994,083

For more financial information, click here


Official website here: www.gchp.net

What is the mission statement of Gulf Coast Housing Partnership Inc?

The Gulf Coast Housing Partnership (GCHP) is dedicated to revitalizing communities through transformative development. By collaborating with public, nonprofit, and private entities, GCHP creates socially and economically integrated, affordable, and sustainable high-quality communities. As of 2021, GCHP has produced over 3,850 units of affordable housing and 75 commercial or community facilities, with an additional 907 units under construction and 180 completed that year. Through industry-standard real estate development expertise, GCHP has successfully delivered projects in partnership with various sectors across the Gulf Coast region.


Official website here: www.gchp.net

Who is the CEO of Gulf Coast Housing Partnership Inc?

Kathleen Laborde is the CEO of Gulf Coast Housing Partnership Inc The CEO's salary of Gulf Coast Housing Partnership Inc is $0 and their total compensation is $0.


Official website here: www.gchp.net

What is the revenue of Gulf Coast Housing Partnership Inc?

Gulf Coast Housing Partnership Inc's revenue in 2023 was $21,805,178.


Official website here: www.gchp.net

Who are the executives of Gulf Coast Housing Partnership Inc and what are their salaries?

The average compensation at Gulf Coast Housing Partnership Inc during 2023 was $47,024. There are 170 employees and 15 volunteers at Gulf Coast Housing Partnership Inc.

Here are 17 key members and their salaries (Gulf Coast Housing Partnership Inc's CEO's salary is $0 and their total compensation is $0):


Tom Bledsoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Willie Gable Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Wagstaff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Werby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Horhn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Rase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary A Cobbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mtumishi St Julien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Hamilton Hebert-Magee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantel Hebert-Magee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Raines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Laborde (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Edinburgh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Villa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Whetten (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Bruno (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gchp.net

Where can I find the form 990 for Gulf Coast Housing Partnership Inc?

Gulf Coast Housing Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gchp.net

Learn more at the official website: www.gchp.net

Mission Statement of Gulf Coast Housing Partnership Inc

Gulf Coast Housing Partnership Inc, a dedicated organization, is committed to revitalizing communities along the Gulf Coast through transformative development. Working in collaboration with public, nonprofit, and private entities, this visionary partnership brings to life vibrant, high-quality communities that are socially and economically integrated, affordable, and sustainable.

The mission of Gulf Coast Housing Partnership Inc is multifaceted. It aims to create flourishing neighborhoods where individuals and families can thrive. As of 2021, the organization has successfully placed in service or has in production a total of 3,850 units of affordable housing, which includes ownership, rental, and supportive housing, with an additional 907 units under construction. These developments have been accomplished through project-based partnerships with various organizations in the nonprofit, for-profit, and public sectors.

Gulf Coast Housing Partnership Inc is renowned for its industry-standard real estate development expertise, which has been instrumental in delivering exceptional projects throughout the Gulf Coast region. The organization's unwavering dedication to affordability, sustainability, and community integration has made it a trusted and valuable partner in the revitalization of the Gulf Coast.

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Impact




October, 2024

Gulf Coast Housing Partnership Inc significantly impacts the Gulf Coast region through its commitment to transformative development aimed at revitalizing communities. By collaborating with public and private entities, GCHP plays a crucial role in creating vibrant, high-quality communities that prioritize social and economic integration, affordability, and sustainability.

As of 2021, GCHP has successfully placed in service or is in production of 3,850 units of affordable housing, including options for ownership, rental, and supportive housing. This effort includes 907 units currently under construction and 180 completed in 2021 alone, alongside 75 commercial or community facilities. These initiatives not only provide essential housing but also contribute to the overall economic stability and growth of the region.

Through strategic partnerships with various organizations, GCHP delivers industry-standard real estate development expertise that fosters long-term improvements within the Gulf Coast. The collaborative approach ensures that developments are not only immediate solutions to housing needs but also integral components of sustainable community ecosystems, reflecting the broader vision of transforming the Gulf Coast into a thriving, inclusive environment for all its residents.




This information is meant to be a general summary of Gulf Coast Housing Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$21,805,178 (2023)
Expenses
$35,666,145 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $410,941
  • Program Service Revenue: $6,732,296
  • Gross Receipts: $26,159,253

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPMENT FEES

Revenue

$3,825,144

MANAGEMENT FEES

Revenue

$2,330,999

INTEREST INCOME

Revenue

$576,153

Organization Details

Founding Year

2006

Principal Officer

Kathleen F Laborde

NTEE Category

Code: P20 - Human services

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