Overview
What is Louisiana Housing And Community Development Corporation?
Louisiana Housing and Community Development Corporation is a nonprofit organization committed to uplifting economically disadvantaged individuals, small businesses, and other underprivileged ventures. Their primary objective is to combat poverty and reduce government dependence while promoting economic growth. One of their key initiatives includes constructing affordable housing, as demonstrated by the construction of four single-family houses on S. Galvez Street in New Orleans, completed in 2013. The corporation owns the real property where these houses are located. Overall, Louisiana Housing and Community Development Corporation plays an essential role in fostering economic development and improving living conditions for disadvantaged communities in the state.
Is Louisiana Housing And Community Development Corporation legitimate?
Louisiana Housing And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Housing And Community Development Corporation submitted a form 990EZ, 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.
What is the mission statement of Louisiana Housing And Community Development Corporation?
Louisiana Housing and Community Development Corporation serves to aid economically disadvantaged individuals, small businesses, and other underprivileged enterprises. The primary objective is to decrease poverty, reduce government dependence, and stimulate economic growth. The organization is actively involved in constructing affordable housing, as demonstrated by the construction of four single-family houses in 2013. Their mission is centered around empowering these communities, ultimately contributing to a more economically stable society.
Who is the CEO of Louisiana Housing And Community Development Corporation?
Unavailable
What is the revenue of Louisiana Housing And Community Development Corporation?
Louisiana Housing And Community Development Corporation's revenue in 2022 was -$11,491.
Who are the executives of Louisiana Housing And Community Development Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Louisiana Housing And Community Development Corporation?
Louisiana Housing And Community Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana Housing And Community Development Corporation
Louisiana Housing and Community Development Corporation (LHCDC) is a nonprofit organization dedicated to supporting economically disadvantaged individuals and enterprises. Its primary goal is to decrease poverty levels and reduce government dependence, while simultaneously fostering economic growth. One of the key ways LHCDC achieves this is by focusing on the construction of affordable housing. In 2013, for instance, the organization constructed four single-family homes on property located on S. Galvez Street in New Orleans. By providing affordable housing, LHCDC aims to contribute to a more equitable society, where individuals and families have the opportunity to improve their living conditions and break the cycle of poverty.
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Impact
October, 2024
Louisiana Housing And Community Development Corporation significantly enhances the lives of economically disadvantaged individuals and small businesses by providing essential support and assistance aimed at reducing poverty and government dependence. Through its initiatives, the organization facilitates economic growth and stability in communities.
One of its key contributions has been the construction of affordable housing, such as the development of four single-family homes on S. Galvez Street in New Orleans. These efforts not only provide safe and affordable living options but also stimulate local economies by creating jobs and fostering community development. By focusing on the needs of those who are often overlooked, the organization plays a crucial role in empowering disadvantaged enterprises and promoting sustainable community growth in Louisiana.
This information is meant to be a general summary of Louisiana Housing And Community Development Corporation. 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 2022.
- Gross Receipts: $40,000
Assets and Liabilities:
- Total Assets: $35,117
- Total Liabilities: $12,571
- Net Assets: $22,546
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Organization Details
Phone
(504) 214-7211Main Address
614 MARIGNY AVENUE, MANDEVILLE, LA, 70448
NTEE Category
Code: L82 - Housing
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