Pontchartrain Housing Corp Ii
- Assets
- $12.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/2001
- Data as of
- 06/2021
- EIN
- 72-1116016
Organization Overview
Pontchartrain Housing Corp Ii is located in New Orleans, LA. The organization was established in 2001. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pontchartrain Housing Corp Ii 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 06/2021, Pontchartrain Housing Corp Ii generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES HOUSING FOR LOW-INCOME, ELDERLY, AND HANDICAPPED INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING FOR LOW INCOME, ELDERLY, & HANDICAPPED PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Wayne Mayeux Vice President | Officer | 1 | $0 |
Mr Ron Yager President | Officer | 1 | $0 |
Ms Tammy Cardinale Secretary/treas | Officer | 1 | $0 |
Mr And Mrs Corey Dunbar Trustees | Trustee | 1 | $0 |
Mrs Paul A Nalty Jane Trustee | Trustee | 1 | $0 |
Mr Mrs Frank Nalty Trustees | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
All Pro Electric Inc Electric | 6/29/18 | $222,021 |
The Titan Group Contractor | 6/29/18 | $238,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $66,553 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,553 |
| Total Program Service Revenue | $2,041,475 |
| Investment income | $2,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,110,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $177,112 |
| Fees for services: Legal | $5,280 |
| Fees for services: Accounting | $27,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25 |
| Office expenses | $17,839 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $250,957 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $237,612 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $363,156 |
| Insurance | $166,128 |
| All other expenses | $73,583 |
| Total functional expenses | $2,064,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,952 |
| Savings and temporary cash investments | $609,539 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,462 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $139,383 |
| Net Land, buildings, and equipment | $10,880,591 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,216 |
| Total assets | $12,231,143 |
| Accounts payable and accrued expenses | $114,621 |
| Grants payable | $0 |
| Deferred revenue | $12,064 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,714,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $902,694 |
| Total liabilities | $5,743,644 |
| Net assets without donor restrictions | $6,431,356 |
| Net assets with donor restrictions | $56,143 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,231,143 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pontchartrain Housing Corp Ii has recieved totaling $2,268,647.
| Awarding Organization | Amount |
|---|---|
Pontchartrain Housing Corp I New Orleans, LA PURPOSE: ALTERNATIVE PROJECT FEMA | $2,268,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |
Housing And Community Services Inc San Antonio, TX | $78,883,961 | $25,153,792 |
Front Steps Inc Austin, TX | $4,289,583 | $9,800,885 |
Operation Finally Home New Braunfels, TX | $6,586,831 | $9,808,854 |
Residential Realty Group I Inc A Delaware Corp Houston, TX | $5,107,430 | $0 |
Texas State Affordable Housing Corporation Austin, TX | $253,139,285 | $134,173,909 |
Affordable Homes Of South Texas Inc McAllen, TX | $103,488,334 | $9,163,673 |