Civic Intelligence

Gaeda Revitalization Corporation

EIN 81-3284771 • 501(c)3 • Alexandria, LA

Profile

Provide affordable housing to low income families

201 Johnston Street Suite 401Alexandria, LA 71301

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.26x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-67%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$33,930

Down $279,477 (-89%) from 2022

Liabilities

Down

$8,890

Down $216,101 (-96%) from 2022

Net Assets

Down

$25,040

Down $63,376 (-72%) from 2022

Revenue

Down

$0

Down $288,891 (-100%) from 2022

Expenses

Down

$9,317

Down $359,242 (-97%) from 2022

Net Income

Up

-$9,317

Up $70,351 (+88%) from 2022

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $32,754Liabilities 2016: $42Net Assets 2016: $32,7122016Assets 2017: $175,770Liabilities 2017: $775Net Assets 2017: $174,9952017Assets 2018: $257,373Liabilities 2018: $775Net Assets 2018: $256,5982018Assets 2019: $268,266Liabilities 2019: $0Net Assets 2019: $268,2662019Assets 2020: $201,964Liabilities 2020: $0Net Assets 2020: $201,9642020Assets 2021: $224,611Liabilities 2021: $56,527Net Assets 2021: $168,0842021Assets 2022: $313,407Liabilities 2022: $224,991Net Assets 2022: $88,4162022Assets 2024: $33,930Liabilities 2024: $8,890Net Assets 2024: $25,0402024

Highlighted filing

2024

Assets$33,930
Liabilities$8,890
Net Assets$25,040

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $74,000Expenses 2016: $41,288Net Income 2016: $32,7122016Revenue 2017: $223,198Expenses 2017: $80,915Net Income 2017: $142,2832017Revenue 2018: $185,571Expenses 2018: $103,968Net Income 2018: $81,6032018Revenue 2019: $188,067Expenses 2019: $176,399Net Income 2019: $11,6682019Revenue 2020: $91,621Expenses 2020: $158,572Net Income 2020: -$66,9512020Revenue 2021: $129,153Expenses 2021: $163,033Net Income 2021: -$33,8802021Revenue 2022: $288,891Expenses 2022: $368,559Net Income 2022: -$79,6682022Revenue 2024: $0Expenses 2024: $9,317Net Income 2024: -$9,3172024

Highlighted filing

2024

Revenue$0
Expenses$9,317
Net Income-$9,317

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 26, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Provide affordable housing to low income families

Provide affordable housing to qualified low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,949$24,827▼ $9,122
Investments in Publicly Traded Securities$8,872$8,872→ $0
Land, Buildings, and Equipment, Net$416$231▼ $185
Total Assets$43,237$33,930▼ $9,307
Liabilities
Unsecured Notes Loans Payable$8,879$8,879→ $0
Accounts Payable and Accrued Expenses-$11-
Total Liabilities$8,879$8,890▲ $11
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,358$25,040▼ $9,318
Total Net Assets Fund Balance$34,358$25,040▼ $9,318
Total Liabilities and Net Assets / Fund Balance$43,237$33,930▼ $9,307

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$231$1,064$1,295
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jannease SeastrunkChairman
Willie SpearsExecutive Di
James WoodleySecretary
Jonathan BolenVice Charima
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-9,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,317
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
Fees for Services Accounting$2,540--$2,540
Depreciation Depletion$185--$185
Other Expenses$170--$170
Insurance$-563--$-563
Total Functional Expenses$9,317$0$0$9,317
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Public documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Gaeda Revitalization Corporation
EIN
81-3284771
Phone
3185454513
Address
201 JOHNSTON STREET SUITE 401, ALEXANDRIA, LA 71301

Signing Officer

Name
Jannease Seastrunk
Title
Chairman
Phone
3185454513
Signed
2025-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jannease Seastrunk
Formed
2016
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Knightmasden Apac
Address
5615 JACKSON STREET J, ALEXANDRIA, LA 71303-2326
Preparer
John E Theriot Ii
Phone
3184459334
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide affordable housing to low income families

Form 990, Part XI, Line 9

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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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