Nonprofit · EIN 03-0517961
NEW ORLEANS REDEVELOPMENT UNLIMITED INC
Tax-exempt · NEW ORLEANS, LA 70113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $854,629 | $594,804 | $259,825 | $8,275,068 | $7,660,359 | $614,709 |
| December 31, 2023 | 990 | $2,468,836 | $2,263,913 | $204,923 | $8,712,509 | $8,357,625 | $354,884 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,514
- of which government grants
- $31,514
- Program service revenue
- $343,803
- Investment income
- $139,022
- Net rental income
- $324,635
- Net gain from sales of assets
- -$31,000
- Other revenue
- $340,290
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $121,532
- Salaries, compensation and benefits (total)
- $148,710
- Professional fundraising fees
- $0
- Occupancy
- $52,520
- Travel
- $775
- Depreciation
- $50,664
- Program services (functional)
- $307,285
- Management and general (functional)
- $287,519
Balance sheet and other
- Total assets, start of year
- $8,712,509
- Total assets, end of year
- $8,275,068
- Total liabilities, end of year
- $7,660,359
- Net assets, end of year
- $614,709
- Land, buildings and equipment
- $2,340,127
- Net assets without donor restrictions
- $614,709
- Gross receipts
- $854,629
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2007
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNETTE COLIN | MEMBER Trustee or director | 2 | $0 |
| WAYNE WOODS | PRESIDENT Officer | 2 | $0 |
| RICHARD CORTIZAS | VICE PRESIDENT Officer | 2 | $0 |
| DARRICK LEBEOUF | SECRETARY TREASURER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNETTE COLIN | MEMBER Trustee or director | 1 | $0 |
| WAYNE WOODS | PRESIDENT Officer | 1 | $0 |
| RICHARD CORTIZAS | VICE PRESIDENT Officer | 1 | $0 |
| DARRICK LEBEOUF | SECRETARY TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1409 ORETHA CASTLE HALEY BLVD, NEW ORLEANS, LA 70113-1248
- In care of
- % CHARMAINE P DAVIS
- Principal officer (990 for 2024)
- WAYNE WOODS, 1409 ORETHA CASTLE HALEY BLVD, NEW ORLEANS, LA 70113
- Signed the 990
- WAYNE WOODS, PRESIDENT
- Phone
- (504) 658-4400
- Website
- NORAWORKS.ORG
- 990-N for 2008 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Richard Monteilh, 1340 Poydras St, suite 600, new orleans LA 70112. Mailing address: 1340 Poydras St, suite 600, New Orleans LA 70112.
- Return prepared by
- LUTHER SPEIGHT & COMPANY CERTIFIED PUBLIC ACCOUNTANTS AND CONSULTANTS
Mission
SEE SCHEDULE O.
Program accomplishments
- THE BLIGHTED PROPERTIES ARE RESTORED TO COMMERCE THROUGH SALES OR TRANSFER TO LOW INCOME RESIDENTS. FURTHER, NORU CONTINUES TO PARTICIPATE IN VARIOUS CONSTRUCTION PROJECTS INVOLVING HOUSING FOR LOW INCOME RESIDENTS THROUGH A COOPERATIVE AGREEMENT WITH NORA, THROUGH FUNDING BY HUD AND THE STATE OF LOUISIANA. PROGRAM EFFORTS LEAD TO CONSTRUCTION OF DESCENT, SAFE, AND AFFORDABLE HOUSING; THE REDUCTION AND PREVENTION OF BLIGHT; AS WELL AS NEIGHBORHOOD REVITALIZATION.Expenses $307,285
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0517961
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $8,275,068
- Income (IRS master file)
- $854,629
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $854,629 | $594,804 | $8,275,068 | XML |
| 990 | December 2023 | $2,468,836 | $2,263,913 | $8,712,509 | XML |
| 990 | December 2022 | $2,084,618 | $2,038,295 | $6,803,233 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Richard Monteilh Filed under this EIN, most likely by a chapter or affiliate | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
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 03-0517961).
Questions about NEW ORLEANS REDEVELOPMENT UNLIMITED INC
- What is the EIN of NEW ORLEANS REDEVELOPMENT UNLIMITED INC?
- The employer identification number (EIN) of NEW ORLEANS REDEVELOPMENT UNLIMITED INC is 03-0517961.
- Is NEW ORLEANS REDEVELOPMENT UNLIMITED INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to NEW ORLEANS REDEVELOPMENT UNLIMITED INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ORLEANS REDEVELOPMENT UNLIMITED INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW ORLEANS REDEVELOPMENT UNLIMITED INC 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 NEW ORLEANS REDEVELOPMENT UNLIMITED INC 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 NEW ORLEANS REDEVELOPMENT UNLIMITED INC?
- The 990 for the year ended December 31, 2024 names WAYNE WOODS.
- Who are the officers and directors of NEW ORLEANS REDEVELOPMENT UNLIMITED INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEW ORLEANS REDEVELOPMENT UNLIMITED INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $854,629, expenses of $594,804 and total assets of $8,275,068 at year end.
Other nonprofits in NEW ORLEANS
- WOLDENBERG VILLAGE INC EIN 72-0540671 · last filed 990 for 2024
- GSS-AP TUREAUD INC EIN 81-2417744 · last filed 990 for 2025
- CROSSROADS LOUSIANA INC EIN 72-0933181 · last filed 990 for 2025
- PATRIOT SERVICES GROUP LOUISIANA INC EIN 83-4037139 · last filed 990 for 2024
- MQVN COMMUNITY DEVELOPMENT CORPORATION EIN 20-4929600 · last filed 990 for 2025
- PROVIDENCE HOUSING CORPORATION EIN 72-6019412 · last filed 990 for 2025
- OZANAM INN EIN 72-0854403 · last filed 990 for 2025
- GUSTE HOMES RESIDENT MANAGEMENT CORPORATION EIN 72-1428434 · last filed 990 for 2025
All nonprofits in NEW ORLEANS · Louisiana · Housing and shelter