Overview
What is Gchp-La Chdo Inc?
Gchp-La Chdo Inc, located at 1626 Oretha Castle Haley Boulevard A, New Orleans, Louisiana, is a dedicated nonprofit organization. Their primary mission is to acquire, own, develop, and manage affordable housing projects, including necessary buildings and improvements. They also strive to foster economic development and work in collaboration with various national, regional, and local organizations to achieve their goals. Financing for these real estate projects is procured, and they directly assist families in need. Their initiatives aim to provide low, affordable, moderate, and mixed-use housing, ultimately contributing to the betterment of their community. With a team of 1 employee, they are committed to making a significant impact in their neighborhood.
Is Gchp-La Chdo Inc legitimate?
Gchp-La Chdo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gchp-La Chdo 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: $97,118
For more financial information, click here
What is the mission statement of Gchp-La Chdo Inc?
Gchp-La Chdo Inc's mission is centered around affordable housing. The corporation aims to acquire, develop, and manage affordable housing projects, including necessary buildings and improvements. They also provide direct assistance to families in need. The organization is committed to fostering various types of housing, such as low, moderate, and mixed-use, and stimulating economic development. Additionally, they collaborate with national, regional, and local organizations to further their goals. Their activities involve obtaining financing for real estate projects and working towards affordable housing and economic development.
Who is the CEO of Gchp-La Chdo Inc?
Kathleen F Laborde is the Director of Gchp-La Chdo Inc.
What is the revenue of Gchp-La Chdo Inc?
Gchp-La Chdo Inc's revenue in 2021 was $27,298.
Who are the executives of Gchp-La Chdo Inc and what are their salaries?
The average compensation at Gchp-La Chdo Inc during 2021 was $97,118. There is 1 employee and 6 volunteers at Gchp-La Chdo Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $339,157
- Other: $24,809
- Compensation: $0
- Related: $153,017
- Other: $7,644
- Compensation: $0
- Related: $193,866
- Other: $11,492
Where can I find the form 990 for Gchp-La Chdo Inc?
Gchp-La Chdo Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Gchp-La Chdo Inc
Gchp-La Chdo Inc is an organization dedicated to acquiring, developing, and managing affordable housing projects. Their mission is multifaceted, involving the acquisition, ownership, and operation of various types of housing projects, including buildings and improvements. This includes both low and moderate-income housing, as well as mixed-use developments. Their goal is to not only provide affordable housing but also to stimulate economic development.
Furthermore, Gchp-La Chdo Inc aims to obtain financing for these real estate projects and provide direct assistance to families in need. They work towards fostering a diverse range of housing options, from low-income to mixed-use, and strive to make housing more accessible to a broader population. In addition, they collaborate with national, regional, and local organizations to further their goals and contribute to the broader community. Their mission is centered around making housing more affordable and accessible, while also promoting economic growth.
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Impact
October, 2024
Gchp-La Chdo Inc significantly impacts the community by focusing on affordable housing initiatives in New Orleans, Louisiana. Its efforts include acquiring, developing, and managing affordable housing projects, which provide essential housing options for families in need.
By rehabilitating blighted properties, such as a commercial building in a distressed neighborhood, the organization revitalizes areas that may otherwise continue to suffer from neglect and decline. This not only enhances the local landscape but also contributes to improved community stability and safety.
Additionally, Gchp-La Chdo Inc fosters economic development by working with diverse organizations and leveraging financing opportunities for real estate projects. Its commitment to providing direct assistance to families ensures that those with limited resources have access to safe and affordable housing. The organization’s focus on various housing types—low, affordable, and mixed-use—promotes inclusivity and diversity within the community.
Overall, Gchp-La Chdo Inc plays a crucial role in enhancing the quality of life for residents, stimulating local economies, and fostering sustainable community growth.
This information is meant to be a general summary of Gchp-La Chdo 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.
- Program Service Revenue: $27,298
- Gross Receipts: $27,298
Assets and Liabilities:
- Total Assets: $517,237
- Total Liabilities: $1,542,352
- Net Assets: -$1,025,115
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$27,298
Organization Details
Founding Year
2015
Phone
(504) 525-2505Principal Officer
Kathleen F Laborde
Main Address
1626 ORETHA CASTLE HALEY BLVD A, NEW ORLEANS, LA, 70113
NTEE Category
Code: L20 - Housing
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