Nonprofit · EIN 82-4411068
HOPE REVITALIZATION CORPORATION
Tax-exempt · NEW ORLEANS, LA 70125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $23,400 | $6,265 | $17,135 | $1,694,978 | $700 | $1,694,278 |
| June 30, 2024 | 990 | $23,400 | $6,192 | $17,208 | $1,677,843 | $700 | $1,677,143 |
| June 30, 2023 | 990 | $23,400 | $6,192 | $17,208 | $1,660,635 | $700 | $1,659,935 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $23,400
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $6,192
- Program services (functional)
- $6,265
Balance sheet and other
- Total assets, start of year
- $1,677,843
- Total assets, end of year
- $1,694,978
- Total liabilities, end of year
- $700
- Net assets, end of year
- $1,694,278
- Land, buildings and equipment
- $1,557,917
- Net assets without donor restrictions
- $1,694,278
- Gross receipts
- $23,400
- Employees
- 0
- Year formed
- 2018
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SONIA PEREZ | TREASURER Trustee or director | – | $0 |
| EDWARD PHILLIPS | SECRETARY/TR Trustee or director, Officer | – | $0 |
| MICHAEL RUE | TRUSTEE Trustee or director | – | $0 |
| C REYNOLD VERRET | PRESIDENT Institutional trustee | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SONIA PEREZ | TREASURER Trustee or director | – | $0 |
| EDWARD PHILLIPS | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| MICHAEL RUE | TRUSTEE Trustee or director | – | $0 |
| C REYNOLD VERRET | PRESIDENT Institutional trustee | 5 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SONIA PEREZ | TRUSTEE Trustee or director | – | $0 |
| ERWARD PHILLIPS | SECRETARY/TR Trustee or director, Officer | – | $0 |
| MICHAEL RUE | TRUSTEE Trustee or director | – | $0 |
| C REYNOLD VERRET | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1 DREXEL DR, NEW ORLEANS, LA 70125-1056
- In care of
- % EDWARD J PHILLIPS
- Mailing address (990-N for 2017)
- ONE DREXEL DRIVE, NEW ORLEANS LA 70125
- Principal officer (990 for 2024)
- EDWARD PHILLIPS, ONE DREXEL DR, NEW ORLEANS, LA 70125
- Principal officer (990-N for 2017)
- SONIA PEREZ, ONE DREXEL DRIVE, NEW ORLEANS LA 70125
- Signed the 990
- EDWARD PHILLIPS, SECRETARY/TREASURER
- Phone
- (504) 520-6787
- Return prepared by
- WALDO J MORET JR CPA
Mission
TO HELP REVITALIZE NEIGHBORHOODS BY PROMOTING AND PREVENTING RESIDENTIAL AND COMMERCIAL OPPORTUNITIES AND TO ACQUIRE PROPERTIES TO TRANSFORM THE SURROUNDING AREAS OF XAVIER UNIVERSITY.
Program accomplishments
- TO HELP REVITALIZE NEIGHBORHOODS BY PROMOTING AND PREVENTING RESIDENTIAL AND COMMERCIAL OPPORTUNITIES AND TO ACQUIRE PROPERTIES TO TRANSFORM THE SURROUNDING AREAS OF XAVIER UNIVERSITY.Expenses $6,265
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4411068
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $1,694,978
- Income (IRS master file)
- $23,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $23,400 | $6,265 | $1,694,978 | IRS |
| 990 | June 2024 | $23,400 | $6,192 | $1,677,843 | IRS |
| 990 | June 2023 | $23,400 | $6,192 | $1,660,635 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: SONIA PEREZ | June 30, 2018 | ≤ $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 82-4411068).
Questions about HOPE REVITALIZATION CORPORATION
- What is the EIN of HOPE REVITALIZATION CORPORATION?
- The employer identification number (EIN) of HOPE REVITALIZATION CORPORATION is 82-4411068.
- Is HOPE REVITALIZATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does HOPE REVITALIZATION CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HOPE REVITALIZATION CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE REVITALIZATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOPE REVITALIZATION CORPORATION?
- The 990 for the year ended June 30, 2025 names EDWARD PHILLIPS.
- Who are the officers and directors of HOPE REVITALIZATION CORPORATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does HOPE REVITALIZATION CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $23,400, expenses of $6,265 and total assets of $1,694,978 at year end.
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