Civic Intelligence

Regional Community Finance Inc

EIN 45-1351163 • 501(c)3 • New Orleans, LA

Profile

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 foals of the corporation.

1626 Oretha Castle Haley BlvdNew Orleans, LA 70113

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.95x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

23.29x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

6th percentile

-44%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

37th percentile

1.8%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$44,385,508

Up $785,452 (+1.8%) from 2023

Liabilities

Up

$42,340,161

Up $1,649,570 (+4.1%) from 2023

Net Assets

Down

$2,045,347

Down $864,118 (-30%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin6th percentile

Revenue

Up

$1,818,094

Up $471,643 (+35%) from 2023

Expenses

Up

$2,614,798

Up $510,573 (+24%) from 2023

Net Income

Down

-$796,704

Down $38,930 (-5.1%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2012: $2,282,965Liabilities 2012: $2,011,403Net Assets 2012: $271,5622012Assets 2013: $5,490,263Liabilities 2013: $4,933,582Net Assets 2013: $556,6812013Assets 2014: $6,761,545Liabilities 2014: $4,764,626Net Assets 2014: $1,996,9192014Assets 2015: $6,732,154Liabilities 2015: $4,775,626Net Assets 2015: $1,956,5282015Assets 2016: $7,579,994Liabilities 2016: $5,641,493Net Assets 2016: $1,938,5012016Assets 2017: $17,602,565Liabilities 2017: $15,427,686Net Assets 2017: $2,174,8792017Assets 2018: $17,258,545Liabilities 2018: $15,658,168Net Assets 2018: $1,600,3772018Assets 2019: $19,378,392Liabilities 2019: $14,013,476Net Assets 2019: $5,364,9162019Assets 2020: $16,495,287Liabilities 2020: $11,896,955Net Assets 2020: $4,598,3322020Assets 2021: $27,779,646Liabilities 2021: $23,461,441Net Assets 2021: $4,318,2052021Assets 2022: $47,829,039Liabilities 2022: $43,701,250Net Assets 2022: $4,127,7892022Assets 2023: $43,600,056Liabilities 2023: $40,690,591Net Assets 2023: $2,909,4652023Assets 2024: $44,385,508Liabilities 2024: $42,340,161Net Assets 2024: $2,045,3472024

Highlighted filing

2024

Assets$44,385,508
Liabilities$42,340,161
Net Assets$2,045,347
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $392,218Expenses 2012: $14,174Net Income 2012: $378,0442012Revenue 2013: $382,827Expenses 2013: $97,718Net Income 2013: $285,1092013Revenue 2014: $1,545,137Expenses 2014: $104,899Net Income 2014: $1,440,2382014Revenue 2015: $58,545Expenses 2015: $98,936Net Income 2015: -$40,3912015Revenue 2016: $76,795Expenses 2016: $94,822Net Income 2016: -$18,0272016Revenue 2017: $342,245Expenses 2017: $105,893Net Income 2017: $236,3522017Revenue 2018: $495,550Expenses 2018: $1,070,345Net Income 2018: -$574,7952018Revenue 2019: $6,369,453Expenses 2019: $2,608,550Net Income 2019: $3,760,9032019Revenue 2020: $1,949,952Expenses 2020: $2,719,322Net Income 2020: -$769,3702020Revenue 2021: $1,353,772Expenses 2021: $1,636,274Net Income 2021: -$282,5022021Revenue 2022: $1,453,337Expenses 2022: $1,811,893Net Income 2022: -$358,5562022Revenue 2023: $1,346,451Expenses 2023: $2,104,225Net Income 2023: -$757,7742023Revenue 2024: $1,818,094Expenses 2024: $2,614,798Net Income 2024: -$796,7042024

Highlighted filing

2024

Revenue$1,818,094
Expenses$2,614,798
Net Income-$796,704
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,385,508
Liabilities
$42,340,161
Net assets
$2,045,347
Revenue
$1,818,094
Expenses
$2,614,798
Net income
-$796,704
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.4$42.3$2.05$1.82$2.61$0.80
2023Detailed filing. Detailed filing data is available for this year.$43.6$40.7$2.91$1.35$2.10$0.76
2022Detailed filing. Detailed filing data is available for this year.$47.8$43.7$4.13$1.45$1.81$0.36
2021Detailed filing. Detailed filing data is available for this year.$27.8$23.5$4.32$1.35$1.64$0.28
2020Detailed filing. Detailed filing data is available for this year.$16.5$11.9$4.60$1.95$2.72$0.77
2019Detailed filing. Detailed filing data is available for this year.$19.4$14.0$5.36$6.37$2.61$3.76
2018Detailed filing. Detailed filing data is available for this year.$17.3$15.7$1.60$0.50$1.07$0.57
2017Summary only. Only limited summary data is available for this year.$17.6$15.4$2.17$0.34$0.11$0.24
2016Detailed filing. Detailed filing data is available for this year.$7.58$5.64$1.94$0.08$0.09$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.73$4.78$1.96$0.06$0.10$0.04
2014Detailed filing. Detailed filing data is available for this year.$6.76$4.76$2.00$1.55$0.10$1.44
2013Detailed filing. Detailed filing data is available for this year.$5.49$4.93$0.56$0.38$0.10$0.29
2012Summary only. Only limited summary data is available for this year.$2.28$2.01$0.27$0.39$0.01$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,818,094
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,707,623$18,689,329▼ $18,294
Land, Buildings, and Equipment, Net$11,173,823$11,655,819▲ $481,996
Cash and Non-Interest-Bearing Accounts$3,262,057$1,755,966▼ $1,506,091
Accounts Receivable$89,082$577,289▲ $488,207
Investments Program Related$47,024$47,320▲ $296
Prepaid Expenses and Deferred Charges$924$10,013▲ $9,089
Total Assets$43,600,056$44,385,508▲ $785,452
Other Assets Total$10,319,523$11,649,772▲ $1,330,249
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,375,305$25,378,260▲ $2,955
Other Liabilities$13,013,429$15,209,427▲ $2,195,998
Accounts Payable and Accrued Expenses$1,510,368$970,441▼ $539,927
Deferred Revenue$791,489$782,033▼ $9,456
Total Liabilities$40,690,591$42,340,161▲ $1,649,570
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,909,465$2,045,347▼ $864,118
Total Net Assets Fund Balance$2,909,465$2,045,347▼ $864,118
Total Liabilities and Net Assets / Fund Balance$43,600,056$44,385,508▲ $785,452

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,350,819-$11,350,819
Land$305,000-$305,000
Other Assets Org$11,335--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Kathleen LabordePresident
Lisa MaziqueDirector
Scott SimmonsDirector
George DupuySecretary
Richard CampbellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,818,094
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-796,704

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,818,094
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,818,094
Total Revenue per Form 990
$1,818,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,614,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,333,484--$1,333,484
Interest$539,966--$539,966
Depreciation Depletion$306,913--$306,913
Insurance-$82,429-$82,429
Fees for Services Accounting-$47,295-$47,295
Other Expenses$242,135$44,260-$44,260
Fees for Services Management-$10,583-$10,583
Advertising$4,990--$4,990
Fees for Services Legal-$2,253-$2,253
Office Expenses-$490-$490
Total Functional Expenses$2,427,488$187,310$0$2,614,798

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,614,798
Total Expenses per Audited Statements$2,614,798
Total Expenses per Form 990$2,614,798
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable$14,430,927
Other Liabilities$662,234
Interest Payable$116,266
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization contracted with gchp-management, llc to perform the daily administrative and accounting functions of the company.”

Form 990, Part VI, Section A, Line 8B

“The completed form 990 is distributed to each of the board members via e-mail for review and comments prior to filing the return.”

Form 990, Part VI, Section B, Line 11B

“The organization distributes the form 990 to the full board to review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All officers and directors review and sign the conflict of interest policy annually. The policy requires disclosure of any actual or potential conflict of interest to the directors considering a proposed transaction. The board, when addressing the transaction, will decide if a conflict of interest exists by reviewing all material facts and discussing with the interested person. This can include a presentation by the interested person, an investigation by a third party, or a majority vote of disinterested directors. The interested person may not participate in the vote of the transaction or arrangement that results in a conflict of interest.”

Form 990, Part VI, Section C, Line 19

“All information is available to the public by providing a request to the president.”

Filing and Contact Details

Filer

Filer Name
Regional Community Finance Inc
EIN
45-1351163
Phone
5045252505
Address
1626 ORETHA CASTLE HALEY BLVD, NEW ORLEANS, LA 70113

Signing Officer

Name
Kathleen Laborde
Title
President
Phone
5045252505
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Laborde
Formed
2012
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cri Advisors LLC
Address
3850 N CAUSEWAY BLVD 1400, METAIRIE, LA 70002
Preparer
Melissa Y Duhon CPA
Phone
5048379116
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There have been no changes from the prior year in the oversight or selection process for the audit that the organization's board of directors uses.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income tax under section 501(c)(3) of the internal revenue code. The organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements.”

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0REGIONAL COMMUNITY FINANCE, INC. HAS PROVIDED OVER $25 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. REGIONAL COMMUNITY FINANCE ALSO HAS AN OPERATING LEASE ON ONE OF THE NEW MARKETS TAX CREDIT PROPERTIES.
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IRS990/OtherLiabilitiesGrp/EOYAmt015209427
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018707623
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt018689329
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0924
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010013
IRS990/PrincipalOfficerNm0KATHLEEN LABORDE
IRS990/PriorPeriodAdjustmentsAmt0-67414
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1522292
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01423354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1394740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01423354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1394740
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02088504
IRS990/PYOtherRevenueAmt0-67
IRS990/PYProgramServiceRevenueAmt01346518
IRS990/PYRevenuesLessExpensesAmt0-757774
IRS990/PYSalariesCompEmpBnftPaidAmt015721
IRS990/PYTotalExpensesAmt02104225
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01346451
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-796704
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01818094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0841100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0841100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-2375
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0-2800
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-5175
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0841100
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0841100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0841100
IRS990ScheduleA/TotalSupportAmt0836031
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02614798
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0305000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0305000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011571709
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt166728
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt211335
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011350819
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011350819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0116266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114430927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2662234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01818094
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011655819
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011649772
IRS990ScheduleD/TotalExpensesPerForm990Amt02614798
IRS990ScheduleD/TotalLiabilityAmt015209427
IRS990ScheduleD/TotalRevenuePerForm990Amt01818094
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01818094
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02614798
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTED WITH GCHP-MANAGEMENT, LLC TO PERFORM THE DAILY ADMINISTRATIVE AND ACCOUNTING FUNCTIONS OF THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED FORM 990 IS DISTRIBUTED TO EACH OF THE BOARD MEMBERS VIA E-MAIL FOR REVIEW AND COMMENTS PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DISTRIBUTES THE FORM 990 TO THE FULL BOARD TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS AND DIRECTORS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE POLICY REQUIRES DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE DIRECTORS CONSIDERING A PROPOSED TRANSACTION. THE BOARD, WHEN ADDRESSING THE TRANSACTION, WILL DECIDE IF A CONFLICT OF INTEREST EXISTS BY REVIEWING ALL MATERIAL FACTS AND DISCUSSING WITH THE INTERESTED PERSON. THIS CAN INCLUDE A PRESENTATION BY THE INTERESTED PERSON, AN INVESTIGATION BY A THIRD PARTY, OR A MAJORITY VOTE OF DISINTERESTED DIRECTORS. THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE VOTE OF THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE TO THE PUBLIC BY PROVIDING A REQUEST TO THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESS FOR THE AUDIT THAT THE ORGANIZATION'S BOARD OF DIRECTORS USES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0REGIONAL COMMUNITY FINANCE INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1REGIONAL COMMUNITY FINANCE INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GCHP-MLK LEVERAGE LENDER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1OCH COMMERCIAL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0274568140
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1864001239
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt02392
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt17912521
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1LA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LENDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1QALICB - FINANCING/FUNDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt01468
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1-111188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01626 ORETHA CASTLE HALEY BLVD SUITE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11626 ORETHA CASTLE HALEY BLVD SUITE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1NEW ORLEANS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1LA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd070113
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd170113
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt043600056
IRS990/TotalAssetsEOYAmt044385508
IRS990/TotalAssetsGrp/BOYAmt043600056
IRS990/TotalAssetsGrp/EOYAmt044385508
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187310
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02427488
IRS990/TotalFunctionalExpensesGrp/TotalAmt02614798
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040690591
IRS990/TotalLiabilitiesEOYAmt042340161
IRS990/TotalLiabilitiesGrp/BOYAmt040690591
IRS990/TotalLiabilitiesGrp/EOYAmt042340161
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02909465
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02045347
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02427488
IRS990/TotalProgramServiceRevenueAmt01818094
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01818094
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01818094
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043600056
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044385508
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01626 ORETHA CASTLE HALEY BLVD
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070113
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN LABORDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05045252505
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGIONAL COMMUNITY FINANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0REGI
ReturnHeader/Filer/EIN0451351163
ReturnHeader/Filer/PhoneNum05045252505
ReturnHeader/Filer/USAddress/AddressLine1Txt01626 ORETHA CASTLE HALEY BLVD
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070113
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0994625061
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRI ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03850 N CAUSEWAY BLVD 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070002
ReturnHeader/PreparerPersonGrp/PhoneNum05048379116
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA Y DUHON CPA
ReturnHeader/ReturnTs02025-11-17T15:20:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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