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Nonprofit · EIN 72-1462917

COMMUNITY DEVELOPMENT CAPITAL

Tax-exempt · NEW ORLEANS, LA 70115

Financials

$748$68K2023$4K$82K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY DEVELOPMENT CAPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,740$82,053-$78,313$1,062,865$425,490$637,375
December 31, 2023990$748$67,919-$67,171$1,141,433$425,745$715,688
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$3,740
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,150
Occupancy
$4,500
Program services (functional)
$68,533
Management and general (functional)
$13,520

Balance sheet and other

Total assets, start of year
$1,141,433
Total assets, end of year
$1,062,865
Total liabilities, end of year
$425,490
Net assets, end of year
$637,375
Land, buildings and equipment
$406,365
Net assets without donor restrictions
$637,375
Gross receipts
$3,740
Employees
0
Volunteers
0
Year formed
2000
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PAUL WESTPRESIDENT
Trustee or director
2$0
George L DupoyVice President
Trustee or director
2$0
JAMES ROSSTREASURER
Trustee or director
2$0
MARK BOURCEEDIRECTOR
Trustee or director
2$0
JC CELESTINDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
PAUL WESTPRESIDENT
Trustee or director
2$0
George L DupoyVice President
Trustee or director
2$0
JAMES ROSSTREASURER
Trustee or director
2$0
MARK BOURCEEDIRECTOR
Trustee or director
2$0
JC CELESTINDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3436 MAGAZINE STREET, NEW ORLEANS, LA 70115-2480
In care of
% LISA MAZIQUE
Principal officer (990 for 2024)
LISA MAZIQUE, 3436 MAGAZINE STREET BOX 601, NEW ORLEANS, LA 70130
Signed the 990
LISA MAZIQUE, FUND MANAGER
Phone
(504) 284-8733
Return prepared by
Carriere & Dunn Tax and Accounting Services

Mission

TO PROVIDE AFFORDABLE FINANCING AND TECHNICAL ASSISTANCE TO HOUSING DEVELOPERS OPERATING IN LOW AND MODERATE-INCOME NEIGHBORHOODS OF NEW ORLEANS.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY DEVELOPMENT CAPITAL PROVIDES LOANS TO DEVELOPERS OF AFFORDABLE HOUSING IN AREAS OF NEW ORLEANS THAT TRADITIONALLY HAVE NOT HAD ACCESS TO FINANCING FROM TRADITIONAL FINANCIAL INSTITUTIONS.
    Expenses $68,533

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-1462917
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,062,865
Income (IRS master file)
$3,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,740$82,053$1,062,865IRS
990December 2023$748$67,919$1,141,433XML
990December 2022$55,325$59,050$1,036,559IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1462917).

Questions about COMMUNITY DEVELOPMENT CAPITAL

What is the EIN of COMMUNITY DEVELOPMENT CAPITAL?
The employer identification number (EIN) of COMMUNITY DEVELOPMENT CAPITAL is 72-1462917.
Is COMMUNITY DEVELOPMENT CAPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to COMMUNITY DEVELOPMENT CAPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY DEVELOPMENT CAPITAL file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of COMMUNITY DEVELOPMENT CAPITAL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY DEVELOPMENT CAPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY DEVELOPMENT CAPITAL?
The 990 for the year ended December 31, 2024 names LISA MAZIQUE.
Who are the officers and directors of COMMUNITY DEVELOPMENT CAPITAL?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does COMMUNITY DEVELOPMENT CAPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,740, expenses of $82,053 and total assets of $1,062,865 at year end.

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