Nonprofit · EIN 85-1690443
ARBAC PROPERTIES INC
Tax-exempt · NEW ORLEANS, LA 70125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,855 | $34,603 | -$25,748 | $1,258,935 | $0 | $1,258,935 |
| June 30, 2024 | 990 | $24,000 | $0 | $24,000 | $1,308,972 | $0 | $1,308,972 |
| June 30, 2023 | 990 | $41,388 | $76,926 | -$35,538 | $2,191,896 | $0 | $2,191,896 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,855
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,425
- Management and general (functional)
- $34,603
Balance sheet and other
- Total assets, start of year
- $1,308,972
- Total assets, end of year
- $1,258,935
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,258,935
- Land, buildings and equipment
- $1,249,139
- Net assets without donor restrictions
- $1,258,935
- Gross receipts
- $8,855
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CYNTHIA A THOMAS | PRESIDENT Trustee or director, Officer | 1 | $0 | $156,641 | $29,982 |
| CAROLYN FAVRE | DIRECTOR Trustee or director | 1 | $0 | $133,489 | $29,896 |
| CATHERINE V THOMSON | TREASURER Officer | 1 | $0 | $126,332 | $10,169 |
| JAMIE G LASSERE | SECRETARY Officer | 1 | $0 | $120,799 | $13,629 |
| ROBERT MUNCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY DOUGLASS | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CYNTHIA A THOMAS | PRESIDENT Trustee or director, Officer | 1 | $0 | $156,275 | $28,927 |
| CAROLYN FAVRE | DIRECTOR Trustee or director | 1 | $0 | $130,650 | $29,541 |
| JAMIE G LASSERE | SECRETARY Officer | 1 | $0 | $113,467 | $13,443 |
| CATHERINE V THOMSON | TREASURER Officer | 1 | $0 | $113,629 | $8,375 |
| ROBERT MUNCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY DOUGLASS | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CYNTHIA A THOMAS | PRESIDENT Trustee or director, Officer | 1 | $0 | $142,776 | $17,281 |
| CAROLYN FAVRE | DIRECTOR Trustee or director | 1 | $0 | $124,541 | $6,164 |
| JAMIE G LASSERE | SECRETARY Officer | 1 | $0 | $106,318 | $5,303 |
| CATHERINE V THOMSON | TREASURER Officer | 1 | $0 | $99,817 | $5,050 |
| ROBERT MUNCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7701 WALMSLEY AVE, NEW ORLEANS, LA 70125-3429
- In care of
- % CYNTHIA A THOMAS
- Principal officer (990 for 2024)
- CATHERINE THOMSON, 7701 WALMSLEY AVENUE, NEW ORLEANS, LA 70125
- Signed the 990
- CATHERINE THOMSON, TREASURER
- Phone
- (504) 934-1491
- Return prepared by
- BOURGEOIS BENNETT LLC
Mission
ARBAC PROPERTIES INC. IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY AND IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(2).
Program accomplishments
- ARBAC PROPERTIES INC. IS ORGANIZED UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(2) IN ORDER TO HOLD TITLE TO PROPERTY.
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
- 85-1690443
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $1,258,935
- Income (IRS master file)
- $8,855
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,855 | $34,603 | $1,258,935 | IRS |
| 990 | June 2024 | $24,000 | $0 | $1,308,972 | IRS |
| 990 | June 2023 | $41,388 | $76,926 | $2,191,896 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 85-1690443).
Questions about ARBAC PROPERTIES INC
- What is the EIN of ARBAC PROPERTIES INC?
- The employer identification number (EIN) of ARBAC PROPERTIES INC is 85-1690443.
- Is ARBAC PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2022.
- Are donations to ARBAC PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARBAC PROPERTIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ARBAC PROPERTIES INC 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 ARBAC PROPERTIES INC 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 ARBAC PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names CATHERINE THOMSON.
- Who are the officers and directors of ARBAC PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does ARBAC PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,855, expenses of $34,603 and total assets of $1,258,935 at year end.
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All nonprofits in NEW ORLEANS · Louisiana · Community improvement and capacity building