Regional Community Finance Inc

Regional Community Finance Inc, based in New Orleans, Louisiana, is a nonprofit organization that has allocated over $16 million in community development loan funds through New Markets Tax Credit transactions. Their primary mission is to foster low and moderate income housing, as well as promote economic development in the communities of New Orleans and Baton Rouge, Louisiana. They accomplish this by investing in new commercial real estate projects that contribute to larger mixed-use developments and by redeveloping vacant properties into commercial and community facilities. With a focus on benefiting low-income communities, their work also aims to alleviate government burdens and collaborate with various national, regional, and local organizations to further their objectives. The organization currently employs a team of 4 individuals.

Regional Community Finance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Community Finance Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,647

For more financial information, click here

Regional Community Finance Inc's mission is centered around two primary objectives. Firstly, it aims to foster low and moderate income housing, providing affordable living solutions for individuals and families in need. Secondly, the organization promotes economic development through community development projects, primarily benefiting low and moderate income residents. Furthermore, Regional Community Finance Inc contributes to alleviating government burdens and collaborates with national, regional, and local organizations to advance its goals, ultimately working towards the betterment of its target community.

Kathleen Laborde is the Director of Regional Community Finance Inc.

Regional Community Finance Inc's revenue in 2021 was $1,353,772.

The average compensation at Regional Community Finance Inc during 2021 was $20,162. There are 4 employees and 5 volunteers at Regional Community Finance Inc.

Here are 5 key members and their salaries:

The Regional Community Finance Inc’s most recent form 990 was submitted in 2021 and can be accessed here