Public Charity

REGIONAL COMMUNITY FINANCE INC

Based in NEW ORLEANS, LA, REGIONAL COMMUNITY FINANCE INC operates as a Public Charity. The organization reported $1.8M in revenue, $2.6M in expenses, $44.4M in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $1.7M.

EIN: 451351163 NEW ORLEANS, LA Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$1.8M
Total Expenses$2.6M
Total Assets$44.4M
Grant Records1
Funding Total$1.7M
Filing Years2019–2024

Mission

THE NATURE OF THE BUSINESS OR PURPOSE TO BE CONDUCTED OR PROMOTED IS AS FOLLOWS: (I) TO FOSTER LOW AND MODERATE INCOME HOUSING; (II) TO PROMOTE ECONOMIC DEVELOPMENT THROUGH COMMUNITY DEVELOPMENT PROJECTS PRIMARILY TARGETED TO BENEFIT LOW AND MODERATE INCOME RESIDENTS; (III) TO RELIEVE THE BURDENS OF THE GOVERNMENT; (IV) TO WORK WITH OTHER NATIONAL, REGIONAL AND LOCAL ORGANIZATIONS TO FURTHER THE FOALS OF THE CORPORATION.

Where $100 goes at Regional Community Finance Inc

How Regional Community Finance Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
Regional Community Finance, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2019
CANCELLATION OF DEBT
$1,736,301

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

SECRETARY George Dupuy
PRESIDENT Kathleen Laborde
DIRECTOR Lisa Mazique
TREASURER Richard Campbell
DIRECTOR Scott Simmons

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$1,736,301 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $2.6M $44.4M
2023 $1.3M $2.1M $43.6M
2022 $1.5M $1.8M $47.8M
2020 $1.9M $2.7M $16.5M
2019 $6.4M $2.6M $19.4M

Between 2019 and 2024, reported annual revenue declined from $6.4M to $1.8M (-71%), with total assets most recently reported at $44.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for REGIONAL COMMUNITY FINANCE INC

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