Organizations Filed Purposes:
THE NATURE OF THE BUSINESS OR PURPOSE TO BE CONDUCTED OR PROMOTED IS AS FOLLOWS: (I) TO FOSTER LOW AND MODERATE INCOME HOUSING; (II) TO PROMOTE ECONOMIC DEVELOPMENT THROUGH COMMUNITY DEVELOPMENT PROJECTS PRIMARILY TARGETED TO BENEFIT LOW AND MODERATE INCOME RESIDENTS; (III) TO RELIEVE THE BURDENS OF THE GOVERNMENT; (IV) TO WORK WITH OTHER NATIONAL, REGIONAL AND LOCAL ORGANIZATIONS TO FURTHER THE GOALS OF THE CORPORATION.
TO FOSTER LOW AND MODERATE INCOME HOUSING, AND TO PROMOTE ECONOMIC DEVELOPMENT.
REGIONAL COMMUNITY FINANCE, INC. HAS PROVIDED OVER $16 MILLION IN COMMUNITY DEVELOPMENT LOAN FUNDS IN NEW MARKETS TAX CREDIT TRANSACTIONS THAT BENEFIT LOW INCOME COMMUNITIES IN NEW ORLEANS AND BATON ROUGE, LOUISIANA. THE PROJECTS INCLUDE NEW COMMERCIAL REAL ESTATE THAT SERVES AS PART OF LARGER MIXED USE DEVELOPMENTS AND REDEVELOPMENT OF VACANT PROPERTIES INTO COMMERCIAL AND COMMUNITY FACILITIES.DURING 2019, REGIONAL COMMUNITY FINANCE ALSO ENTERED INTO AN OPERATING LEASE ON ONE OF THE NEW MARKETS TAX CREDIT PROPERTIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Kathleen Laborde | PRESIDENT | 2 | $0 |
| A Kelton Longwell | SECRETARY | 0.5 | $0 |
| Scott Simmons | DIRECTOR | 0.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043219349311384_public.xml