Nonprofit · EIN 72-1231534
GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED
Tax-exempt · GRETNA, LA 70053
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,580,405 | $6,623,069 | -$42,664 | $422,651 | $782,281 | -$359,630 |
| December 31, 2023 | 990 | $5,086,166 | $5,239,176 | -$153,010 | $451,388 | $768,354 | -$316,966 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $26,663
- Program service revenue
- $6,553,742
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $27,986
- Other salaries and wages
- $5,853
- Salaries, compensation and benefits (total)
- $33,839
- Professional fundraising fees
- $0
- Program services (functional)
- $5,492,019
- Management and general (functional)
- $227,619
- Fundraising (functional)
- $903,431
Balance sheet and other
- Total assets, start of year
- $451,388
- Total assets, end of year
- $422,651
- Total liabilities, end of year
- $782,281
- Net assets, end of year
- -$359,630
- Land, buildings and equipment
- $8,000
- Net assets without donor restrictions
- -$359,630
- Gross unrelated business income
- $6,553,742
- Gross receipts
- $6,580,405
- Employees
- 0
- Year formed
- 1992
- 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 |
|---|---|---|---|
| DON HENDRIX | Vice President Trustee or director | 4 | $0 |
| RENEE FERRERA | President Trustee or director | 4 | $0 |
| LAURA FERRERA | Secretary Trustee or director | 4 | $0 |
| JAMES BLAZEK | Treasurer Trustee or director | 4 | $0 |
| KYLE GREGORE | Controller Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teri B Tucker | President Officer | 4 | $0 |
| Renee Ferrera | Vice President Officer | 4 | $0 |
| Laura Ferrera | Secretary Officer | 4 | $0 |
| James Blazek | Treasurer Officer | 4 | $0 |
| Kyle Gregore | Member at Large Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 327 HUEY P LONG AVENUE, GRETNA, LA 70053-5956
- In care of
- % ACCOUNTING OFFICE
- Principal officer (990 for 2024)
- RENEE FERRERA, 519 HUEY P LONG AVE 202, GRETNA, LA 70053
- Signed the 990
- RENEE FERRERA, President
- Phone
- (504) 362-6906
- Return prepared by
- ACCOUNTING SERVICES UNLIMITED LLC
Mission
To improve the business climate within the city of Gretna as well as provide a vehicle to assist in the devlopment of new businesses.
Program accomplishments
- Grenta Heritage Festival(in Historic Downtown Gretna)- Food sold by other non-profits and restaurants in Grenta, crafts are sold. Entertainment is provided by local and nationally known bands and performers. The organiztion uses the money raised from tickets and sales to fund other econonmic development ativities.Expenses $5,184,729
- Itailain Irish Parade- Held annually in the city of Grenta. The organization uses the money raised from the parade to fund other economic development activities.Expenses $261,736
- Farmers' market- Held every Saturday morning.Farmers/Vendors rent booths to sell various fruits and vegetables.The organization uses the money raised from the booth rentals to fund other economic development activities.Expenses $45,554
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
- 72-1231534
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $422,651
- Income (IRS master file)
- $6,580,405
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,580,405 | $6,623,069 | $422,651 | XML |
| 990 | December 2023 | $5,086,166 | $5,239,176 | $451,388 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $3,936,654 | $4,842,487 | $362,600 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 72-1231534).
Questions about GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED
- What is the EIN of GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED?
- The employer identification number (EIN) of GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED is 72-1231534.
- Is GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED 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 GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED 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 GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED 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 GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED?
- The 990 for the year ended December 31, 2024 names RENEE FERRERA.
- Who are the officers and directors of GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does GRETNA ECONOMIC DEVELOPMENT ASSOCIATION LIMITED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,580,405, expenses of $6,623,069 and total assets of $422,651 at year end.
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