2024-02-29T16:29:23-06:00 2023-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2022-07-01 721128907 ELYSIAN FIELDS PROPERTY CORPORATION ELYS 5042837261 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 GREG RANDO PRESIDENT 5042837261 2024-02-02 1 GREG RANDO 999009999 0 JORDAN M SCOTT CPA P01843420 5048355522 2024-01-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREG RANDO 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 166522 0 X N/A X 1988 LA THE ELYSIAN FIELD PROPERTY CORPORATION IS ORGANIZED PURSUANT TO IRC SECTION (CONT'D SCH. O) 501(C)(2). IT IS OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT (LESS EXPENSES) TO SUPPORT THE ACTIVITIES OF THE BROTHERS OF THE SACRED HEART OF NEW ORLEANS INC. (A QUALIFIED 501(C)(3) ORGANIZATION), IN ORDER TO PROVIDE SUPPORT & INCOME FOR THE EDUCATIONAL, RELIGIOUS AND CHARITABLE PURSUITS OF THAT ORGANIZATION, INCLUDING BUT NOT LIMITED TO THE OPERATION OF BROTHER MARTIN SCHOOL IN NEW ORLEANS, LA. THE CORPORATION WAS ORGANIZED IN JUNE, 1988 IN ORDER TO TAKE TITLE TO INVESTMENT PROPERTY ADJACENT TO THE CAMPUS OF BROTHER MARTIN HIGH SCHOOL. THE GOAL OF THIS ACQUISITION WAS TO ASSIST IN THE DEVELOPMENT OF ENDOWMENT FUNDS FOR THE SUPPORT OF BROTHER MARTIN HIGH SCHOOL. THE OTHER MEANS ARE DIRECT CONTRIBUTIONS TO BROTHER MARTIN HIGH SCHOOL. 4 2 0 0 0 0 0 0 151888 157310 377 9212 0 0 152265 166522 0 0 0 0 0 0 0 0 0 84350 86169 84350 86169 67915 80353 1454948 1538951 1100 4750 1453848 1534201 OPERATED FOR THE PURPOSE OF HOLDING TITLE TO REAL PROPERTY AND COLLECTING INCOME IN ORDER TO PROVIDE SUPPORT AND INCOME FOR THE EDUCATIONAL, RELIGIOUS AND CHARITABLE PURSUITS OF THE BROTHERS OF THE SACRED HEART NEW ORLEANS INC. 0 0 HOLDING TITLE TO REAL PROPERTY AND COLLECTING RENTAL INCOME TO SUPPORT THE ACTIVITIES OF THE BROTHERS OF THE SACRED HEART NEW ORLEANS INC. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GREG RANDO 5042831561 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 GREG RANDO PRESIDENT 1.00 43.00 X X 0 174390 15920 JOHN DEVLIN III SECRETARY/TREASURER 0.50 0.50 X X 0 0 0 BROTHER IVY LEBLANC DIRECTOR 0.50 0.50 X 0 0 0 SCOTT WILLIAMS DIRECTOR 0.50 40.00 X 0 87750 11588 0 262140 27508 0 0 1 0 0 RENTAL INCOME 531120 157310 157310 157310 9212 9212 166522 157310 0 9212 9420 19737 35898 8403 REPAIRS AND MAINTENANCE 12711 86169 564075 529886 1719283 710218 890873 1009065 1454948 1538951 1100 4750 1100 4750 X 1453848 1534201 1453848 1534201 1454948 1538951 80353 0 X X 0 1 X 1 0 566056 566056 849993 543015 306978 120709 70300 50409 7015 7015 0 175510 89888 85622 1009065 X 166522 0 166522 0 166522 86169 0 86169 0 86169 PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(2) AND, THEREFORE, IS NOT SUBJECT TO INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. 0 0 0 GREG RANDO PRESIDENT 0 174390 0 0 0 0 0 8720 0 7200 0 190310 0 0 FORM 990, PART VI, SECTION A, LINE 6 ELYSIAN FIELDS PROPERTY CORPORATION IS A NON-PROFIT CORPORATION INCORPORATED SOLELY BY THE BROTHERS OF THE SACRED HEART OF NEW ORLEANS INC. FORM 990, PART VI, SECTION A, LINE 7A THE BROTHERS OF THE SACRED HEART OF NEW ORLEANS INC., THE SOLE SHAREHOLDER, APPOINTS THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B CURRENTLY, THE 990 FOR EACH CORPORATION IS REVIEWED AFTER ITS PREPARATION BY THE OFFICER RESPONSIBLE FOR ITS FILING. THE 990 IS THEN REVIEWED BY ALL BOARD MEMBERS AND OFFICERS. ANY SIGNIFICANT CHANGES ARE MADE AND ANY QUESTIONS ARE ANSWERED BY THE OUTSIDE CPA FIRM PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AT A BOARD OF DIRECTORS MEETING ANNUALLY FOR EACH CORPORATION, AN OPEN DISCUSSION TAKES PLACE AND IS DOCUMENTED IN THE MINUTES ABOUT ANY POSSIBLE CONFLICTS AND HOW THEY WILL BE OR HAVE BEEN ADDRESSED. OFFICERS AND DIRECTORS MAY ADDRESS ANY RELATED CONCERNS TO THE PRESIDENT OF THE BOARD AT ANY TIME OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT PAY ANY COMPENSATION TO ANY INDIVIDUAL. HOWEVER, THE COMPENSATION COMMITTEE OF THE BOARD OF BROTHER MARTIN HIGH SCHOOL MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE PRESIDENT AND PRINCIPAL OF THE HIGH SCHOOL. THE REVIEW CONSISTS OF COMPARISONS TO OTHER SCHOOLS IN THE AREA, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKET TRENDS IN THE INDUSTRY. THIS INFORMATION IS CONTEMPORANEOUSLY DOCUMENTED IN THE WRITTEN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR. BROTHER MARTIN HIGH SCHOOL 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 720680486 EDUCATION LA 501(C)(3) LINE 2 N/A 0 ST ALOYSIUS CENTURY FOUNDATION 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 237004460 EDUCATIONAL SUPPORT LA 501(C)(3) LINE 12A, I N/A 0 ST ALOYSIUS HOLDING CORPORATION 4401 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 721180628 REAL ESTATE HOLDINGS LA 501(C)(2) N/A 0 BROTHERS OF THE SACRED HEART INC 4540 ELYSIAN FIELDS AVENUE NEW ORLEANS LA 70122 630510029 RELIGIOUS LA 501(C)(3) LINE 1 N/A 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0