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Nochi Real Estate Inc

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

EIN: 822982419 ✦ New orleans, LA ✦ Designated as a 501(c)(2)

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Overview

What is Nochi Real Estate Inc?

Nochi Real Estate Inc, located in New Orleans, Louisiana, primarily focuses on supporting the New Orleans Culinary and Hospitality Institute. They achieve this by making improvements to real property and then subleasing it. This strategic approach allows the Institute to carry out its programs effectively, contributing to the culinary and hospitality sector in New Orleans. Nochi Real Estate Inc's role in this partnership is instrumental in fostering growth and development within the industry.


Official website here: www.nochi.org

Is Nochi Real Estate Inc legitimate?

Nochi Real Estate Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nochi Real Estate 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


Official website here: www.nochi.org

What is the mission statement of Nochi Real Estate Inc?

Nochi Real Estate Inc's mission is centered around improving and subleasing real property. Specifically, they focus on enhancing properties for the New Orleans Culinary and Hospitality Institute. In essence, their role involves maintaining the property to support the institution's educational programs.


Official website here: www.nochi.org

Who is the CEO of Nochi Real Estate Inc?

Carol Markowitz is the Board Member of Nochi Real Estate Inc.


Official website here: www.nochi.org

What is the revenue of Nochi Real Estate Inc?

Nochi Real Estate Inc's revenue in 2022 was $1,328,045.


Official website here: www.nochi.org

Who are the executives of Nochi Real Estate Inc and what are their salaries?

There 3 volunteers at Nochi Real Estate Inc.


Here are 3 key members and their salaries:


George Dupuy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Markowitz (Board Member/Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nochi.org

Where can I find the form 990 for Nochi Real Estate Inc?

Nochi Real Estate Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nochi.org

Learn more at the official website: www.nochi.org

Mission Statement of Nochi Real Estate Inc

Nochi Real Estate Inc, as stated in its mission description, is dedicated to making improvements upon and subleasing real property to the New Orleans Culinary and Hospitality Institute. In simpler terms, this organization plays a pivotal role in maintaining and managing the property used for the institute's programs. By doing so, Nochi Real Estate Inc supports the educational endeavors of the New Orleans Culinary and Hospitality Institute, contributing to the development of culinary and hospitality professionals in the region.

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Impact




October, 2024

Nochi Real Estate Inc plays a vital role in enhancing the landscape of New Orleans by improving and managing properties that support the educational programs of the New Orleans Culinary and Hospitality Institute. By subleasing real estate specifically tailored for these programs, Nochi Real Estate Inc directly contributes to the growth and development of the culinary and hospitality sectors in the region.

The organization focuses on maintaining and upgrading facilities, ensuring that they meet the high standards required for training future chefs, restaurateurs, and hospitality professionals. This commitment not only bolsters the local economy by fostering skilled labor but also strengthens the community’s cultural and culinary heritage, making New Orleans a vibrant destination for both tourists and residents.

Through its strategic initiatives, Nochi Real Estate Inc significantly impacts community improvement by creating spaces that facilitate education and professional development, ultimately enriching the local hospitality scene and enhancing job opportunities for aspiring individuals in the industry.




This information is meant to be a general summary of Nochi Real Estate 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
$1,328,045 (2022)
Expenses
$2,183,647 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,328,045
  • Gross Receipts: $1,328,045

Assets and Liabilities:

  • Total Assets: $19,133,950
  • Total Liabilities: $19,092,622
  • Net Assets: $41,328

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Programs

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

RENTAL INCOME

Revenue

$1,328,045

Organization Details

Founding Year

2017

Principal Officer

Carol Markowitz

Main Address

725 HOWARD AVENUE 101, NEW ORLEANS, LA, 70130

NTEE Category

Code: S47 - Community improvement

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