COHABITAT FOUNDATION INC
500 CLYDE FANT PKWY NO 200, SHREVEPORT, LA 71101 www.cohab.org

Total Revenue
$260,957
Total Expenses
$260,849
Net Assets
$238,232

Organizations Filed Purposes: COHABITAT FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO FOSTER ECONOMIC GROWTH BY PROVIDING INTERNAL AND EXTERNAL RESOURCES, TOOLS, AND PROGRAMS FOR ALL THOSE WHO WISH TO START AND/OR GROW A BUSINESS.

COHAB'S BIZTRAX PROGRAM SUPPORTS NEW, SMALL, AND MAIN STREET BUSINESSES SO THEY CAN GROW, ADD EMPLOYEES, AND INCREASE THEIR REVENUE. IN 2019, WE PROVIDED BUSINESS OWNERS WITH COLLABORATIVE WORKSPACE, MENTORSHIP, AND CLASSES FOR BEST BUSINESS PRACTICES TO HELP THEM BE SUCCESSFUL AND GROW. OUR PARTICIPANTS IN 2019 REPORTED:- 54.5% OF RESPONDING BUSINESSES (22 TOTAL) REPORTED THAT THEY HAD CREATED AND FILLED NEW JOBS.- 30 TOTAL NEW JOBS WERE CREATED. (17 FT, 2 PT, AND 10 CONTRACT POSITIONS).- 77.3% OF RESPONDING BUSINESSES (22) REPORTED THEY SAW AN INCREASE IN REVENUE IN 2019.- THOSE BUSINESSES THAT ANSWERED (7) REPORTED TOTAL GROSS REVENUES IN 2019 OF $2,949,000.

COHAB'S DEVTRAX PROGRAM SUPPORTS SMALL BUSINESSES AND ENTREPRENEURS WITH BUSINESS TRAINING IN BUSINESS PLAN WRITING, MARKETING, BASIC BOOKKEEPING, AND MORE. DEVTRAX ALSO SUPPORTS SECOND STAGE BUSINESSES ($600K-$50 MIL IN GROSS ANNUAL REVENUE AND 5-100 EMPLOYEES WHO ARE HEADQUARTERED IN LOUISIANA) THROUGH OUR CEO ROUNDTABLE SERIES. THE SERIES OFFERS FACILITATOR GUIDED PEER MENTORSHIP SPECIFICALLY TAILORED FOR LARGER MORE ESTABLISHED BUSINESSES. OUR BUSINESS TRAINING CLASSES SAW 81 PEOPLE PARTICIPATE IN ONLINE COURSES AS WELL AS LIVE SPEAKING ENGAGEMENTS WITH LOCAL BUSINESS AND SUBJECT MATTER EXPERTS. OUR CEO ROUNDTABLE SAW THE FOLLOWING RESULTS REPORTED FROM PARTICIPANTS.:- ACTUAL NEW FTE JOBS CREATED (OVER THE YEARLONG TABLE) = > 37 JOBS- PROJECTED INCREASE IN ANNUAL GROSS REVENUE (OVER NEXT 12 MONTHS) = $29,350,000- ANTICIPATED INCREASE IN FTE JOBS (OVER NEXT 12 MONTHS) = 60 JOBS- AVERAGE ANTICIPATED WAGE = $47,310 ANNUALLY

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Jessica SchieleEXECUTIVE DIRECTOR40$63,860
Everardo RecendizBOARD MEMBER4$20,820
Jim MalschEX-OFFICIO MEMBER8$8,500
Lauren AldrichTREASURER3$0
Wendy HortonCO-CHAIR1$0
Taylor JamisonCO-CHAIR1$0
Liz SwaineEX-OFFICIO MEMBER1$0
David RockettEX-OFFICIO MEMBER1$0
John ChidlowBOARD MEMBER1$0
Holly LawrenceBOARD MEMBER1$0
Tureza HoseBOARD MEMBER8$0
Hilton NicholsonBOARD MEMBER1$0
Wendell RileyBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349317287_public.xml