Nonprofit · EIN 88-3656334
7701 WAMLSLEY INC
Tax-exempt · NEW ORLEANS, LA 70125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$333,705 | $0 | -$333,705 | $22,503,285 | $0 | $22,503,285 |
| June 30, 2024 | 990 | $0 | $0 | $0 | $19,507,914 | $0 | $19,507,914 |
| June 30, 2023 | 990-EZ | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- -$333,705
- Net gain from sales of assets
- -$333,705
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $19,507,914
- Total assets, end of year
- $22,503,285
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,503,285
- Land, buildings and equipment
- $20,015,356
- Net assets without donor restrictions
- $22,503,285
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- 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-EZ for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA A THOMAS | PRESIDENT | 1 | $0 |
| JAMIE G LASSERE | SECRETARY | 1 | $0 |
| CATHERINE V THOMSON | TREASURER | 1 | $0 |
| CAROLYN FAVRE | DIRECTOR | 1 | $0 |
| ROBERT MUNCH | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7701 WALMSLEY AVE, NEW ORLEANS, LA 70125-3429
- In care of
- % CYNTHIA 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
7701 WALMSLEY 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
- 7701 WALMSLEY INC. IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT, LESS EXPENSES, TO ITS MEMBER, ST. MARY'S DOMINICAN PROPERTY HOLDING CORPORATION, AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE CODE.
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
- 88-3656334
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $22,503,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$333,705 | $0 | $22,503,285 | IRS |
| 990 | June 2024 | $0 | $0 | $19,507,914 | IRS |
| 990-EZ | June 2023 | $0 | $0 | $0 | XML |
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 88-3656334).
Questions about 7701 WAMLSLEY INC
- What is the EIN of 7701 WAMLSLEY INC?
- The employer identification number (EIN) of 7701 WAMLSLEY INC is 88-3656334.
- Is 7701 WAMLSLEY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2023.
- Are donations to 7701 WAMLSLEY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 7701 WAMLSLEY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of 7701 WAMLSLEY 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 7701 WAMLSLEY 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 7701 WAMLSLEY INC?
- The 990 for the year ended June 30, 2025 names CATHERINE THOMSON.
- Who are the officers and directors of 7701 WAMLSLEY INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does 7701 WAMLSLEY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$333,705, expenses of $0 and total assets of $22,503,285 at year end.
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