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Nonprofit · EIN 26-0833850

BAYOU DISTRICT FOUNDATION

Tax-exempt · NEW ORLEANS, LA 70130

Financials

$2.7M$2.2M2022$2.5M$2.5M2023$2.8M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of BAYOU DISTRICT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,776,631$2,543,225$233,406$1,707,437$3,790,542-$2,083,105
December 31, 2023990$2,526,161$2,542,537-$16,376$1,866,130$4,194,528-$2,328,398
December 31, 2022990$2,666,706$2,199,758$466,948$2,633,589$4,981,927-$2,348,338
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$677,407
Program service revenue
$2,096,255
Investment income
$2,969
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,500
Other salaries and wages
$2,107,692
Salaries, compensation and benefits (total)
$2,288,804
Professional fundraising fees
$0
Accounting fees
$48,636
Occupancy
$18,354
Travel
$8,930
Depreciation
$15,128
Program services (functional)
$2,459,012
Management and general (functional)
$28,232
Fundraising (functional)
$55,981

Balance sheet and other

Total assets, start of year
$1,866,130
Total assets, end of year
$1,707,437
Total liabilities, end of year
$3,790,542
Net assets, end of year
-$2,083,105
Land, buildings and equipment
$339,875
Publicly traded securities
$17,484
Net assets without donor restrictions
-$2,787,439
Net assets with donor restrictions
$704,334
Gross receipts
$2,776,631
Employees
146
Volunteers
37
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.

NameTitleHours / weekCompensation
GERARD W BAROUSSE JRCHAIRMAN
Trustee or director, Officer
35$0
MIKE RODRIGUEDIRECTOR
Trustee or director, Officer
2$0
GARY SOLOMON SRDIRECTOR
Trustee or director, Officer
2$0
GREG BENSELDIRECTOR
Trustee or director, Officer
2$0
NOLAN MARSHALL JRDIRECTOR, ADVISORY BOARD C
Trustee or director, Officer
2$0
CINDY HOWSON WEINMANNDIRECTOR
Trustee or director, Officer
4$0
ADRIENNE C SLACKDIRECTOR
Trustee or director, Officer
2$0
DAVID W PERLISDIRECTOR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
GERARD W BAROUSSE JRCHAIRMAN
Trustee or director, Officer
35$0
MIKE RODRIGUEDIRECTOR
Trustee or director, Officer
2$0
GARY SOLOMON SRDIRECTOR
Trustee or director, Officer
2$0
GREG BENSELDIRECTOR
Trustee or director, Officer
2$0
NOLAN MARSHALL JRDIRECTOR, ADVISORY BOARD C
Trustee or director, Officer
2$0
CINDY HOWSON WEINMANNDIRECTOR
Trustee or director, Officer
4$0
ADRIENNE C SLACKDIRECTOR
Trustee or director, Officer
2$0
DAVID W PERLISDIRECTOR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
GERARD W BAROUSSE JRCHAIRMAN
Trustee or director, Officer
35$0
MIKE RODRIGUEDIRECTOR
Trustee or director, Officer
2$0
GARY SOLOMON SRDIRECTOR
Trustee or director, Officer
2$0
GREG BENSELDIRECTOR
Trustee or director, Officer
2$0
NOLAN MARSHALL JRDIRECTOR, ADVISORY BOARD CHAIR
Trustee or director, Officer
2$0
CINDY HOWSON WEINMANNDIRECTOR
Trustee or director, Officer
4$0
ADRIENNE C SLACKDIRECTOR
Trustee or director, Officer
2$0
DAVID W PERLISDIRECTOR
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
320 JULIA ST, NEW ORLEANS, LA 70130-3604
In care of
% GERARD W BAROUSSE JR
Principal officer (990 for 2024)
GERARD W BAROUSSE JR, 320 JULIA STREET, NEW ORLEANS, LA 70130
Signed the 990
GERARD W BAROUSSE JR, CHAIRMAN
Phone
(504) 523-1701
Return prepared by
ERICKSEN KRENTEL LLP

Mission

BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BAYOU DISTRICT FOUNDATION ("BDF") WORKS TO REVITALIZE THE FORMER ST. BERNARD HOUSING PROJECT, THE LOW-INCOME HOUSING THAT WAS DESTROYED BY HURRICANE KATRINA, AND THE SURROUNDING NEIGHBORHOOD. BDF'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND ITS INFRASTRUCTURE. IT HAS ENCOURAGED THE CONSTRUCTION OF MIXED-INCOME HOUSING, HIGH QUALITY SCHOOLS, WORKFORCE TRAINING, AND THE REDEVELOPMENT OF RECREATIONAL FACILITIES IN CITY PARK. BY FUNDING THESE PROJECTS BDF HOPES TO REVITALIZE THE COMMUNITY SO THAT RESIDENTS CAN RETURN TO A THRIVING NEIGHBORHOOD AND ENJOY A HIGH QUALITY OF LIFE, WHICH WILL HELP BREAK THEIR CYCLE OF POVERTY.
    Expenses $2,459,012 · grants $1,500 · revenue $2,096,255

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 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
26-0833850
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$1,707,437
Income (IRS master file)
$2,776,631

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,776,631$2,543,225$1,707,437IRS
990December 2023$2,526,161$2,542,537$1,866,130XML
990December 2022$2,666,706$2,199,758$2,633,589XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 26-0833850).

Questions about BAYOU DISTRICT FOUNDATION

What is the EIN of BAYOU DISTRICT FOUNDATION?
The employer identification number (EIN) of BAYOU DISTRICT FOUNDATION is 26-0833850.
Is BAYOU DISTRICT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to BAYOU DISTRICT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAYOU DISTRICT FOUNDATION 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 BAYOU DISTRICT FOUNDATION 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 BAYOU DISTRICT FOUNDATION 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 BAYOU DISTRICT FOUNDATION?
The 990 for the year ended December 31, 2024 names GERARD W BAROUSSE JR.
Who are the officers and directors of BAYOU DISTRICT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does BAYOU DISTRICT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,776,631, expenses of $2,543,225 and total assets of $1,707,437 at year end.

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