Public Charity

PARKING FACILITIES CORPORATION

PARKING FACILITIES CORPORATION is a Public Charity headquartered in NEW ORLEANS, LA. Financial data from the 2024 filing: $21.8M revenue, $23.5M expenses, $96.3M total assets.

EIN: 721483958 NEW ORLEANS, LA Single Organization Support NTEE: S11 Latest filing: 2024
Total Revenue$21.8M
Total Expenses$23.5M
Total Assets$96.3M
Grant Records0
Filing Years2019–2024

Mission

THE SPECIFIC AND PRIMARY PURPOSE FOR WHICH THIS CORPORATION WAS FORMED IS TO DESIGN, FINANCE, CONSTRUCT, EQUIP, MAINTAIN, AND OPERATE, OR CAUSE TO BE MAINTAINED AND OPERATED, ONE OR MORE PARKING GARAGE FACILITIES AT THE AIRPORT TO BE USED BY THE TRAVELING PUBLIC AT THE LOUIS ARMSTRONG INTERNATIONAL AIRPORT AND BY THE EMPLOYEES OF THE NEW ORLEANS AVIATION BOARD.

Officers & Directors

TREASURER Arkebia Matthews Johnson
SECRETARY Holly Sharp
PRESIDENT Kevin Ferguson
BOARD MEMBER Lisa Alexis
BOARD MEMBER Tracie Boutte

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $21.8M $23.5M $96.3M
2023 $20.6M $22.0M $98.5M
2022 $19.2M $22.4M $103.2M
2020 $8.5M $13.2M $109.5M
2019 $12.9M $12.5M $121.8M

Between 2019 and 2024, reported annual revenue grew from $12.9M to $21.8M (+68%), with total assets most recently reported at $96.3M.

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

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