Public Charity

PHILMAT INC

PHILMAT INC is a nonprofit organization categorized as Public Charity based in NEW ORLEANS, LA. Its most recent IRS filing (2025) reports revenue of $346K, expenses of $593K, total assets of $1.4M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $384K.

EIN: 720787616 NEW ORLEANS, LA Latest filing: 2025
Total Revenue$346K
Total Expenses$593K
Total Assets$1.4M
Grant Records2
Funding Total$384K
Filing Years2021–2025

Mission

THE OBJECTIVE AND PURPOSE OF THIS CORPORATION ARE STATED AND DECLARED TO BE THE OPERATION OF NON-SECTARIAN SOCIAL ACTION PROGRAMS PERTINENT TO THE PROVISION OF THE FOLLOWING: 1. SELF-DEVELOPMENT OPPORTUNITIES; 2. PHYSICAL ENVIRONMENT IMPROVEMENTS.

Officers & Directors

PRESIDENT & CEO Cynthia Hayes
DIRECTOR/SECRETARY Deacon Martin Gutierrez
EXECUTIVE DIRECTOR Renee Davenport
PRESIDENT & CEO (THRU 12/2024) Sr Marjorie A Hebert
DIRECTOR/TREASURER Stacie Bonck

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$383,561 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $346K $593K $1.4M
2024 $4.0M $5.2M $2.5M
2023 $4.3M $5.0M $3.5M
2022 $4.8M $5.1M $3.3M
2021 $5.0M $5.0M $3.9M

Between 2021 and 2025, reported annual revenue declined from $5.0M to $346K (-93%), with total assets most recently reported at $1.4M.

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

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