Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Westbank Redevelopment Corp Inc
EIN 75-1529208 • 501(c)3 • New Orleans, LA
Profile
Redevelopment of real estate and to combat community deterioration through property rehabilitation and by funding beautification projects on the westbank of the mississippi river in orleans and jefferson parishes in louisiana.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Down$197,674
Down $574 (-0.3%) from 2016
Liabilities
Up$789
Up $789 from 2016
Net Assets
Down$196,885
Down $1,363 (-0.7%) from 2016
Revenue
Down$496
Down $397 (-44%) from 2016
Expenses
Up$1,859
Up $461 (+33%) from 2016
Net Income
Down-$1,363
Down $858 (-170%) from 2016
Trend Graphs
Filings
Most recent year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $197,674
- Liabilities
- $789
- Net assets
- $196,885
- Revenue
- $496
- Expenses
- $1,859
- Net income
- -$1,363
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jun 30, 2017
- Signed
- Feb 22, 2017
- Return Version
- 2016v3.1
- Gross Receipts
- $496
Mission and Program Overview
Mission
Redevelopment of real estate and to combat community deterioration through property rehabilitation and by funding beautification projects on the westbank of the mississippi river in orleans and jefferson parishes in louisiana.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE PURPOSE OF THE ORGANIZATION IS TO COMBAT COMMUNITY DETERIORATION THROUGH PROPERTY REHABILITATION AND BY FUNDING BEAUTIFICATION PROJECTS ON THE WESTBANK OF THE MISSISSIPPI RIVER IN ORLEANS AND JEFFERSON PARISHES IN LOUISIANA. DURING THE CURRENT FISCAL YEAR THE ORGANIZATION MAINTAINED THE PROPERTY IT OWNED, AND CONDUCTED NO OTHER ACTIVITY DURING THE YEAR. | - | $1,070 |
| OPERATIONS HAD NO ACTIVITY FOR THE FISCAL YEAR-ENDED 06/30/2017 EXCEPT TO MAINTAIN A PARCEL OF LAND ACQUIRED IN 2011. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THEO SANDERS | President | - | $0 | - | - |
| STEPHEN LEONARD | Vice Preside | - | $0 | - | - |
| PAUL RICHARD | Secretary/Tr | - | $0 | - | - |
| ROBERT VOSS | Director | - | $0 | - | - |
| TIM HAND | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Westbank Redevelopment Corp Inc
- EIN
- 75-1529208
- Address
- PO BOX 740473, NEW ORLEANS, LA 70174
Signing Officer
- Name
- Theo Sanders
- Title
- President
- Signed
- 2017-02-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Brian E Adorno CPA Apc
- Address
- 1421 N CAUSEWAY BLVD STE 201, METAIRIE, LA 70001
- Preparer
- Brian E Adorno CPA
- Phone
- 5042272280
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses information technology 200 postage 70 lawn maintenance 800 total 1,070”
Form 990-ez, Part II, Line 24
“Computer/printer 990 990 less accumulated depreciation 990 990 total 0 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 789”
Form 990-ez, Part III
“Redevelopment of real estate and to combat community deterioration through property rehabilitation and by funding beautification projects on the westbank of the mississippi river in orleans and jefferson parishes in louisiana.”
Form 990-ez, Part III, Line 31
“The purpose of the organization is to combat community deterioration through property rehabilitation and by funding beautification projects on the westbank of the mississippi river in orleans and jefferson parishes in louisiana. During the current fiscal year the organization maintained the property it owned, and conducted no other activity during the year.”
Raw XML Appendix137 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | THEO SANDERS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5048580885 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 740473 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW ORLEANS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 70174 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 168848 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 168274 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1363 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 789 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 198248 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 197674 |
| IRS990EZ/GrossReceiptsAmt | 0 | 496 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 496 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 29400 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 29400 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 198248 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 196885 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 198248 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 196885 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THEO SANDERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | STEPHEN LEONARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAUL RICHARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERT VOSS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TIM HAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1070 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | REDEVELOPMENT OF REAL ESTATE AND TO COMBAT COMMUNITY DETERIORATION THROUGH PROPERTY REHABILITATION AND BY FUNDING BEAUTIFICATION PROJECTS ON THE WESTBANK OF THE MISSISSIPPI RIVER IN ORLEANS AND JEFFERSON PARISHES IN LOUISIANA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OPERATIONS HAD NO ACTIVITY FOR THE FISCAL YEAR-ENDED 06/30/2017 EXCEPT TO MAINTAIN A PARCEL OF LAND ACQUIRED IN 2011. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE PURPOSE OF THE ORGANIZATION IS TO COMBAT COMMUNITY DETERIORATION THROUGH PROPERTY REHABILITATION AND BY FUNDING BEAUTIFICATION PROJECTS ON THE WESTBANK OF THE MISSISSIPPI RIVER IN ORLEANS AND JEFFERSON PARISHES IN LOUISIANA. DURING THE CURRENT FISCAL YEAR THE ORGANIZATION MAINTAINED THE PROPERTY IT OWNED, AND CONDUCTED NO OTHER ACTIVITY DURING THE YEAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1070 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | LA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 789 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 1859 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1070 |
| IRS990EZ/TotalRevenueAmt | 0 | 496 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.WESTBANKREDEVELOPMENT.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 34950 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 52055 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 87005 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 496 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 893 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 553 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1947 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 496 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98770 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 87005 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 34950 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 52055 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 87005 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 88952 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INFORMATION TECHNOLOGY 200 POSTAGE 70 LAWN MAINTENANCE 800 TOTAL 1,070 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPUTER/PRINTER 990 990 LESS ACCUMULATED DEPRECIATION 990 990 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 789 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | REDEVELOPMENT OF REAL ESTATE AND TO COMBAT COMMUNITY DETERIORATION THROUGH PROPERTY REHABILITATION AND BY FUNDING BEAUTIFICATION PROJECTS ON THE WESTBANK OF THE MISSISSIPPI RIVER IN ORLEANS AND JEFFERSON PARISHES IN LOUISIANA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PURPOSE OF THE ORGANIZATION IS TO COMBAT COMMUNITY DETERIORATION THROUGH PROPERTY REHABILITATION AND BY FUNDING BEAUTIFICATION PROJECTS ON THE WESTBANK OF THE MISSISSIPPI RIVER IN ORLEANS AND JEFFERSON PARISHES IN LOUISIANA. DURING THE CURRENT FISCAL YEAR THE ORGANIZATION MAINTAINED THE PROPERTY IT OWNED, AND CONDUCTED NO OTHER ACTIVITY DURING THE YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2018-03-14 21:41:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THEO SANDERS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-02-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WESTBANK REDEVELOPMENT CORP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WEST |
| ReturnHeader/Filer/EIN | 0 | 751529208 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 740473 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW ORLEANS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 70174 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 703EE443CFB1C9F01D89AAC694EC3DD303D6B46B |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 703EE443CFB1C9F01D89AAC694EC3DD303D6B46B |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 721327472 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BRIAN E ADORNO CPA APC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1421 N CAUSEWAY BLVD STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | METAIRIE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 70001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5042272280 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-02-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN E ADORNO CPA |
| ReturnHeader/ReturnTs | 0 | 2018-02-23T10:40:13-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
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