nonprofit logo

Bayou District Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260833850 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Bayou District Foundation?

The Bayou District Foundation, located in New Orleans, Louisiana, is a nonprofit organization dedicated to revitalizing the St. Bernard Housing Project, which was severely affected by Hurricane Katrina. Their primary mission is to raise funds for the reconstruction of the neighborhood and its infrastructure, aiming to improve the living conditions of its residents and help them break the cycle of poverty. This includes encouraging the construction of mixed-income housing, high-quality schools, workforce training, and the redevelopment of recreational facilities in City Park. Their efforts are intended to revitalize the community, enabling residents to return to a thriving neighborhood and enjoy a high quality of life. As of now, the Bayou District Foundation employs 143 individuals in their mission.


Official website here: www.bayoudistrictfoundation.org

Is Bayou District Foundation legitimate?

Bayou District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayou District Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $112,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,701,983

For more financial information, click here


Official website here: www.bayoudistrictfoundation.org

What is the mission statement of Bayou District Foundation?

The Bayou District Foundation's mission is centered around raising funds to facilitate the reconstruction of the neighborhood and infrastructure of the former St. Bernard Housing Project, which was devastated by Hurricane Katrina. The primary goal is to assist its residents in breaking their cycle of poverty. To achieve this, the foundation encourages the construction of mixed-income housing, high-quality schools, workforce training programs, and the renovation of recreational facilities in City Park. By funding these projects, the Bayou District Foundation aims to revitalize the community, allowing residents to return to a thriving neighborhood and enjoy a better quality of life, ultimately helping to break the cycle of poverty.


Official website here: www.bayoudistrictfoundation.org

Who is the CEO of Bayou District Foundation?

Gerard W Barousse Jr is the Chairman of Bayou District Foundation.


Official website here: www.bayoudistrictfoundation.org

What is the revenue of Bayou District Foundation?

Bayou District Foundation's revenue in 2021 was $2,965,153.


Official website here: www.bayoudistrictfoundation.org

Who are the executives of Bayou District Foundation and what are their salaries?

The average compensation at Bayou District Foundation during 2021 was $12,686. There are 143 employees and 90 volunteers at Bayou District Foundation.

Here are 9 key members and their salaries:

    Ryan Mccavitt (Operations Director)
  • Compensation: $112,113
  • Related: $0
  • Other: $5,640

    • Gerard W Barousse Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Rodrigue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Solomon Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Bensel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nolan Marshall Jr (Director, Advisory Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Howson Weinmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Perlis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrienne C Slack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bayoudistrictfoundation.org

    Where can I find the form 990 for Bayou District Foundation?

    The Bayou District Foundation’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.bayoudistrictfoundation.org

    Learn more at the official website: www.bayoudistrictfoundation.org

    Mission Statement of Bayou District Foundation

    The Bayou District Foundation, a nonprofit organization, is committed to revitalizing the former St. Bernard Housing Project, a low-income housing community that was devastated by Hurricane Katrina. Their mission is twofold: firstly, to raise funds for the reconstruction of the neighborhood and its infrastructure, and secondly, to aid its residents in breaking the cycle of poverty. To accomplish this, the Bayou District Foundation has encouraged various development projects in the area. These projects include the construction of mixed-income housing, high-quality schools, workforce training programs, and the redevelopment of recreational facilities in City Park. By funding and supporting these initiatives, the Bayou District Foundation aims to transform the community into a thriving neighborhood where residents can enjoy a improved quality of life, thereby helping them escape the cycle of poverty.

    Impact

    This information is meant to be a general summary of Bayou District Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Bayou District Foundation has made a significant impact in revitalizing the former St. Bernard Housing Project neighborhood in New Orleans, Louisiana. By raising funds to facilitate the reconstruction of the neighborhood and its infrastructure, the foundation has enabled the development of mixed-income housing, high-quality schools, workforce training programs, and the redevelopment of recreational facilities in City Park. This comprehensive approach aims to create a thriving community where residents can enjoy a high quality of life and break the cycle of poverty.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $10,593
  • Program Service Revenue: $1,820,161
  • Gross Receipts: $2,981,032

    • Assets and Liabilities:
  • Total Assets: $2,075,399
  • Total Liabilities: $4,918,132
  • Net Assets: -$2,842,733
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GOLF COURSE REIMBURSEM

    Revenue

    $1,820,161

    Organization Details

    Founding Year

    2007

    Principal Officer

    Gerard W Barousse Jr

    Main Address

    320 JULIA STREET, NEW ORLEANS, LA, 70130

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Bayou District Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.