Tangipahoa Economic Development Foundation Inc
- Assets
- $70.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hammond, LA
- Founding
- 05/1979
- Data as of
- 12/2022
- EIN
- 72-0843248
Organization Overview
Tangipahoa Economic Development Foundation Inc is located in Hammond, LA. The organization was established in 1979. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tangipahoa Economic Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Tangipahoa Economic Development Foundation Inc generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONTINUED SUPPORT TO THE PARISH OF TANGIPAHOA, LOUISIANA TO NEW AND PROSPECTIVE BUSINESSES LOOKING TO ESTABLISH, LOCATE, OR RELOCATE TO THE AREA. THIS ASSISTANCE STIMULATES THE LOCAL ECONOMY AND PRODUCES NEW JOBS AND OPPROTUNITES FOR LOCAL RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Dutruch President | 0 | $0 | |
Kristin Braud Secretary/tr | 0 | $0 | |
Robby Miller Parish Presi | 0 | $0 | |
Michael Tomlinson Board Member | 0 | $0 | |
Rhonda Sheridan Past Preside | 0 | $0 | |
Dev Patel Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,052 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $616 |
| Total Revenue | $37,868 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,066 |
| Total expenses | $41,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,252 |
| Other assets | $0 |
| Total assets | $70,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Jackson County Economic Development Foundation Inc Pascagoula, MS | $3,810,649 | $1,167,595 |
Austin Revitalization Authority Austin, TX | $2,910,002 | $1,225,921 |
North Delta Regional Planning And Development District Inc Monroe, LA | $2,329,154 | $1,514,261 |
Humanitas Inc New Orleans, LA | $3,658,729 | $739,665 |