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.
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.
How Parking Facilities Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| 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.
