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Parking Facilities Corporation

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

EIN: 721483958 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Parking Facilities Corporation?

Parking Facilities Corporation is a nonprofit organization based in New Orleans, Louisiana, specifically at 1019 Constantinople Street in the ZIP code 70115. Their primary mission is to design, finance, construct, equip, maintain, and operate one or more parking garage facilities at the Louis Armstrong New Orleans International Airport. These parking facilities cater to both the traveling public and the employees of the New Orleans Aviation Board. The corporation's essential function is to ensure the seamless operation and maintenance of these parking structures, providing a convenient parking solution for airport visitors and employees.


Is Parking Facilities Corporation legitimate?

Parking Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parking Facilities Corporation 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: $0

For more financial information, click here


What is the mission statement of Parking Facilities Corporation?
Who is the CEO of Parking Facilities Corporation?
What is the revenue of Parking Facilities Corporation?
Who are the executives of Parking Facilities Corporation and what are their salaries?
Where can I find the form 990 for Parking Facilities Corporation?

Mission Statement of Parking Facilities Corporation

Parking Facilities Corporation, or PFC, is a dedicated organization with a singular mission: to design, finance, construct, equip, maintain, and operate parking garage facilities, or cause them to be maintained and operated. This mission is primarily focused on serving two distinct groups: the traveling public and the employees of the New Orleans Aviation Board.

In simple terms, PFC is committed to creating and managing parking facilities at an airport for the convenience of the general public and the airport's employees. Their purpose extends beyond just providing parking spaces, as they take responsibility for the entire process, from planning and financing to construction and maintenance. This comprehensive approach ensures that the parking facilities are not only functional and efficient but also well-maintained and safe for use.

The organization's dedication to its mission is evident in its primary role at the Louis Armstrong New Orleans International Airport. PFC's parking facilities cater to the diverse needs of airport goers and employees, offering ample space for both short-term and long-term parking. The corporation's ability to manage and operate these facilities effectively and efficiently allows travelers and employees to focus on their respective journeys, knowing that their vehicles are secure and well taken care of.

Impact

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




Thursday, August 15, 2024

Parking Facilities Corporation's impact is significant in enhancing the overall travel experience at the Louis Armstrong New Orleans International Airport. By providing efficient and well-maintained parking garage facilities for both the traveling public and employees of the New Orleans Aviation Board, the organization plays a crucial role in supporting the seamless operation of the airport. This contributes to the convenience, safety, and satisfaction of airport users, ultimately fostering a positive environment for travelers and airport staff alike. Additionally, the Corporation's focus on community improvement through its dedicated mission reflects its commitment to serving the needs of the local area and promoting a thriving airport ecosystem.





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 2022.

  • Investment Income: $189,213
  • Program Service Revenue: $19,045,721
  • Gross Receipts: $19,234,934

    • Assets and Liabilities:
  • Total Assets: $103,165,713
  • Total Liabilities: $121,547,597
  • Net Assets: -$18,381,884
  • Programs

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

    PARKING GARAGE OPERATIO

    Revenue

    $19,045,721

    Organization Details

    Founding Year

    2000

    Principal Officer

    Kevin Ferguson

    Main Address

    1019 CONSTANTINOPLE ST, NEW ORLEANS, LA, 70115

    NTEE Category

    Code: S11 - Community improvement

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