Overview
What is Gchp-Texas Inc?
Gchp-Texas Inc is a nonprofit organization based in New Orleans, Louisiana, with a mission to enhance the living conditions of low-income and underserved communities in Texas. They specialize in providing development and management services for affordable housing and commercial real estate projects. Their work includes acquiring, owning, developing, and operating affordable housing projects, securing financing for these initiatives, and offering direct assistance to families. Gchp-Texas Inc also aims to foster various types of housing, stimulate economic development, and contribute to the creation of a sustainable institutional infrastructure for long-term, affordable housing solutions, ultimately making communities more desirable.
Is Gchp-Texas Inc legitimate?
Gchp-Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gchp-Texas 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: $0
For more financial information, click here
What is the mission statement of Gchp-Texas Inc?
Gchp-Texas Inc's primary objective is to engage in various activities related to affordable housing. This includes acquiring, developing, managing, and operating affordable housing projects, as well as obtaining financing for such projects. The organization also provides direct assistance to families and fosters a range of housing types, including low, moderate, and market rate housing, among others. Furthermore, Gchp-Texas Inc plays a significant role in stimulating economic development and aids in developing a new institutional infrastructure to ensure the long-term production, ownership, and operation of affordable housing, ultimately making communities more desirable.
Who is the CEO of Gchp-Texas Inc?
Kathleen Laborde is the Director of Gchp-Texas Inc. The CEO's salary of Gchp-Texas Inc is $0 and their total compensation is $363,966.
What is the revenue of Gchp-Texas Inc?
Gchp-Texas Inc's revenue in 2021 was $0.
Who are the executives of Gchp-Texas Inc and what are their salaries?
There 17 volunteers at Gchp-Texas Inc.
Here are 17 key members and their salaries (Gchp-Texas Inc's CEO's salary is $0 and their total compensation is $363,966):
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- Other: $11,492
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- Related: $153,017
- Other: $7,644
Where can I find the form 990 for Gchp-Texas Inc?
Gchp-Texas Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Gchp-Texas Inc
Gchp-Texas Inc, as a nonprofit organization, is committed to acquiring, owning, developing, and managing affordable housing projects. Their mission extends beyond just real estate, as they also aim to obtain financing for these projects and provide direct assistance to families. The organization strives to foster a variety of housing types, including low, affordable, moderate, mixed-use, and market rate housing, aiming to cater to a wide range of income levels.
Moreover, Gchp-Texas Inc plays a significant role in stimulating economic development. They aim to develop a new institutional infrastructure that can support the production, ownership, and operation of long-term affordable housing. This infrastructure is designed to make communities more desirable, improving living conditions for many families. By taking on these responsibilities, Gchp-Texas Inc is dedicated to making a positive impact on the lives of families and communities in need of affordable housing.
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Impact
October, 2024
Gchp-Texas Inc significantly impacts the community by focusing on the development and management of affordable housing projects. By acquiring, owning, and operating these initiatives, the organization aims to provide stable living conditions for low-income and underserved populations in Texas. This strategic approach not only addresses the critical housing needs of families but also contributes to broader economic development.
The organization plays a vital role in fostering various types of housing, including affordable, moderate, and mixed-use developments, which helps create diverse communities where residents can thrive. Additionally, by securing financing for these real estate ventures, Gchp-Texas Inc ensures that the housing market remains accessible to those who might otherwise struggle to find suitable accommodations.
Beyond housing, the organization addresses economic challenges by stimulating local development. By investing in community infrastructure and providing direct assistance to families, Gchp-Texas Inc aids in building a more sustainable environment where long-term affordable housing solutions can flourish, ultimately enhancing the quality of life for residents and making communities more desirable.
This information is meant to be a general summary of Gchp-Texas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $1,325
- Net Assets: -$1,325
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Organization Details
Founding Year
2015
Phone
(504) 525-2505Principal Officer
Kathleen Laborde
Main Address
1626 ORETHA CASTLE HALEY BLVD A, NEW ORLEANS, LA, 70113
NTEE Category
Code: L21 - Housing
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