Skip to main content

Nonprofit · EIN 27-1566437

COHABITAT FOUNDATION

Tax-exempt · SHREVEPORT, LA 71101

Financials

$304K$319K2023$198K$210K2024
Revenue Expenses · by fiscal year end
Financials of COHABITAT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$197,519$210,394-$12,875$246,984$144,559$102,425
December 31, 2023990$304,436$318,522-$14,086$261,808$146,508$115,300
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$187,358
of which government grants
$61,000
Membership dues
$35,882
Program service revenue
$6,506
Investment income
$81
Other revenue
$3,574

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$86,213
Salaries, compensation and benefits (total)
$91,186
Professional fundraising fees
$0
Legal fees
$50
Accounting fees
$4,362
Occupancy
$44,085
Travel
$374
Depreciation
$21,835
Program services (functional)
$162,949
Management and general (functional)
$47,445

Balance sheet and other

Total assets, start of year
$261,808
Total assets, end of year
$246,984
Total liabilities, end of year
$144,559
Net assets, end of year
$102,425
Land, buildings and equipment
$82,312
Gross receipts
$197,519
Employees
1
Volunteers
9
Year formed
2010
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
JESSICA SCHIELEEXECUTIVE DIRECTOR
Officer
40$66,360
EVERARDO RECENDIZVICE CHAIR
Officer
4$15,528
DANIEL SANTTREASURER
Officer
1$4,325
ANNA GLEASONBOARD MEMBER
Trustee or director
0.25$0
AUDREY ROBINSONBOARD MEMBER
Trustee or director
0.25$0
DAVID ROCKETTEX-OFFICIO MEMBER
Trustee or director
0.25$0
LIZ SWAINEEX-OFFICIO MEMBER
Trustee or director
0.25$0
LAUREN TELEPBOARD MEMBER
Trustee or director
0.25$0
LUKE LEEBOARD MEMBER
Trustee or director
0.25$0
HILTON NICHOLSONCHAIRMAN
Officer
0.25$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
JESSICA SCHIELEEXECUTIVE DIRECTOR
Officer
40$65,000
EVERARDO RECENDIZVICE CHAIR
Officer
4$15,000
DANIEL SANTTREASURER
Officer
1$7,992
ANNA GLEASONBOARD MEMBER
Trustee or director
0.25$0
AUDREY ROBINSONBOARD MEMBER
Trustee or director
0.25$0
DAVID ROCKETTEX-OFFICIO MEMBER
Trustee or director
0.25$0
LIZ SWAINEEX-OFFICIO MEMBER
Trustee or director
0.25$0
LAUREN TELEPBOARD MEMBER
Trustee or director
0.25$0
LUKE LEEBOARD MEMBER
Trustee or director
0.25$0
HILTON NICHOLSONCHAIRMAN
Officer
0.25$0
JIM MALSCHCHAIRMAN
Officer
0.25$0

Address and contacts

Address (IRS master file)
500 CLYDE FANT PKWY STE 200, SHREVEPORT, LA 71101-3265
In care of
% JOHN GRIDLEY
Principal officer (990 for 2024)
JESSICA SCHIELE, 500 CLYDE FANT PKWY SUITE 200, SHREVEPORT, LA 71101
Signed the 990
JESSICA SCHIELE, EXECUTIVE DIRECTOR
Phone
(318) 759-7997
Return prepared by
HEARD MCELROY & VESTAL LLC

Mission

COHABITAT FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO FOSTER ECONOMIC GROWTH BY PROVIDING INTERNAL AND EXTERNAL RESOURCES, TOOLS, AND PROGRAMS FOR ALL THOSE WHO WISH TO START AND/OR GROW A BUSINESS.

990 for the year ended December 31, 2024

Program accomplishments

  • BIZTRAX - BUSINESS ACCELERATION SERVICES INCLUDING COACHING, WORKSHOPS, NETWORKING EVENTS, AND CO-WORKING SPACE TO SUPPORT EXISTING SMALL BUSINESS GROWTH AND INNOVATION. THIS PROGRAM ALSO SERVED AS OUR SUPPORT PROGRAM FOR BUSINESSES IMPACTED BY COVID-19.BY THE NUMBERS, THE BUSINESSES PARTICIPATING IN THE 2023-2024 PROGRAM REPORTED CREATING 51 NEW JOBS WITH AN AVG. WAGE OF $51,200, A PROJECTED INCREASE IN REVENUE OF $1.42 MILLION OVER NEXT 12 MONTH, AND RETAINING 44 EXISTING JOBS.THE 2023-2024 REPORTED CREATING 51 NEW JOBS WITH AN AVG. WAGE OF $51,200, A PROJECTED INCREASE IN REVENUE OF $1.42 MILLION OVER NEXT 12 MONTH, AND RETAINING 44 EXISTING JOBS.
    Expenses $89,362 · revenue $3,400
  • DEVTRAX - SERVICES INCLUDING CEO ROUNDTABLES FOR SECOND STAGE COMPANIES AND PRACTICAL WORKSHOPS/CLASSES TO STRENGTHEN BUSINESS STRATEGY AND OPERATIONS FOR ALL.CEO ROUNDTABLE SERVED MORE THAN ROUGHLY 30 SECOND STAGE BUSINESS DECISION MAKERS IN 2024. 100% OF PARTICIPANTS REPORTED IT WAS LIKELY THEIR BUSINESS WOULD GROW FURTHER, 66.7% REPORTED LIKELIHOOD OF IMPROVING PROFITABILITY, AND 100% SAID THEY HAD GAINED KNOWLEDGE THAT WOULD ALLOW THEM TO RUN THEIR BUSINESSES MORE EFFICIENTLYCOHAB ALSO HOSTED IN PERSON BUSINESS TRAINING AT STAGES THROUGHOUT THE YEAR ALONE AND IN PARTNERSHIP WITH OTHER ECONOMIC DEVELOPMENT ORGANIZATIONS.
    Expenses $37,234
  • YOUTHTRAX - LEMONADE DAY SHREVEPORT-BOSSIER CITY - . COHAB PARTNERS WITH LSUS, NOEL UMC, AND CADENCE BANK TO OFFER LEMONADE DAY COMMUNITY DAY AS WELL AS MULTIPLE SUMMER CAMPS TO TEACH CHILDREN A FOUNDATION OF ENTREPRENEURSHIP THROUGH HOSTING A LEMONADE STAND. IN 2024 COHAB HAS SERVED 323 CHILDREN THROUGH LEMONADE DAY. COHAB ALSO HOSTED TWO WEEK-LONG SUMMER CAMPS FOR 60 STUDENTS BETWEEN 8 AND 12 YEARS OLD HELPING THOSE KIDS LEARN MORE IN-DEPTH ENTREPRENEURIAL LESSONS AND INCREASE FINANCIAL LITERACY.
    Expenses $22,341 · revenue $3,106
  • Expenses $14,012 · revenue $3,574

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
27-1566437
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$246,984
Income (IRS master file)
$197,519

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$197,519$210,394$246,984IRS
990December 2023$304,436$318,522$261,808XML
990December 2022$244,676$304,880$287,167IRS
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 27-1566437).

Questions about COHABITAT FOUNDATION

What is the EIN of COHABITAT FOUNDATION?
The employer identification number (EIN) of COHABITAT FOUNDATION is 27-1566437.
Is COHABITAT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to COHABITAT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COHABITAT 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 COHABITAT 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 COHABITAT 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 COHABITAT FOUNDATION?
The 990 for the year ended December 31, 2024 names JESSICA SCHIELE.
Who are the officers and directors of COHABITAT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 10 people; 3 received compensation from the organization, the highest $66,360 (JESSICA SCHIELE, EXECUTIVE DIRECTOR).
How much revenue does COHABITAT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $197,519, expenses of $210,394 and total assets of $246,984 at year end.

Other nonprofits in SHREVEPORT

All nonprofits in SHREVEPORT · Louisiana · Community improvement and capacity building