Westbank Redevelopment Corporation Inc
- Assets
- $197.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/2003
- Data as of
- 06/2017
- EIN
- 75-1529208
Organization Overview
Westbank Redevelopment Corporation Inc is located in New Orleans, LA. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Westbank Redevelopment Corporation 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 06/2017, Westbank Redevelopment Corporation Inc generated $496.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $1.9k during the year ending 06/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theo Sanders President | 2.5 | $0 | |
Stephen Leonard Vice Preside | 0 | $0 | |
Paul Richard Secretary/tr | 0 | $0 | |
Robert Voss Director | 0 | $0 | |
Tim Hand Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $496 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $496 |
| 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 | $789 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,070 |
| Total expenses | $1,859 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,274 |
| Other assets | $0 |
| Total assets | $197,674 |
| Total liabilities | $789 |
| Net assets or fund balances | $196,885 |