Community Development Capital

Organization Overview

Community Development Capital is located in New Orleans, LA. The organization was established in 2003. 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. Community Development Capital 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 12/2023, Community Development Capital generated $748.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (38.1%) each year. All expenses for the organization totaled $67.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE FINANCING AND TECHNICAL ASSISTANCE TO HOUSING DEVELOPERS OPERATING IN LOW AND MODERATE-INCOME NEIGHBORHOODS OF NEW ORLEANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY DEVELOPMENT CAPITAL PROVIDES LOANS TO DEVELOPERS OF AFFORDABLE HOUSING IN AREAS OF NEW ORLEANS THAT TRADITIONALLY HAVE NOT HAD ACCESS TO FINANCING FROM TRADITIONAL FINANCIAL INSTITUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Paul West
President
$0
George L Dupoy
Vice President
$0
James Ross
Treasurer
$0
Mark Bourcee
Director
$0
Jc Celestin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$0
Investment income $748
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 $748

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The Jubilee Foundation
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$25,933
Community Development Corp Of Bentonville Bella Vista
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$3,926,808
Bnai Brith Senior Citizens Housing Committee Of Houston Inc
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$3,246,989
Galilee Community Development
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Bluebonnet Gardens
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Habitat For Humanity International Inc
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Biloxi Community Development Corp
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