philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Holy Rosary Redevelopment Board

Tax-deductible

Lafayette, LA501(c)(3)Arts & Culture EIN 27-2447617Revenue $2.6M in FY2024

On file with the IRSholyrosaryredevelopment.orgPo Box 5256, 70502-5256 · Lafayette, LATax-exempt since Sep 2019Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Restoring the 3-story building of Holy Rosary institute.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 11 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $25K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$818K
112% of total assets
Concern: liabilities are 112% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
×13 vs prior year
Spent
$2.7M
To programs
99%
Net assets
−$88K
By yearFY2020–FY2024
Revenue
$2.6M
FY2024▲ ×13
Tap a bar for its year
Revenue by fiscal year
FY2020$28K
FY2021$199K
FY2022$76K
FY2023$192K
FY2024$2.6M
Net assets
−$88K
FY2024▼ -682%
Tap a bar for its year
Net assets by fiscal year
FY2020$66K
FY2021$85K
FY2022$31K
FY2023$15K
FY2024−$88K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2013-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Sep 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $2.7M Management & general 1% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Sister Alisha Costa
Vice President
$0Pt VII · Sec A
Don Hernandez
Treasurer
$0Pt VII · Sec A
Mary Goody
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Corey Jack’s $28K as Former Executive Director is at the 2nd percentile of top reported officer pay among 3925 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Corey Jack$28,333$84,999$88,541$24,791

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Holy Rosary Redevelopment Board executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Restoring a historic 3-story building for community use.

Questions for Holy Rosary Redevelopment Board

Tap to ask. Holy Rosary Redevelopment Board sees how many people are interested.

Your first name shows with your question. Holy Rosary Redevelopment Board answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2.7M · in their own filed words · FY2024
01

Continued construction and renovation work on first phase of a three-phase plan of restoring and reevitalizing the holy rosary institute.

$2.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Community Foundation of AcadianaFY2024$15K
Holy Rosary Land Holdings INCFY2024$10K
Total grants receivedfrom 2 funders$25K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.6M
Money outPt IX
$2.7M
Ln 25
Programscol B$2.7M
Managementcol C$20K
Owns and owesPt X
−$88K
net assets · Ln 32
Cash and savingsLn 1–2$373K
Total assetsLn 16$730K
LiabilitiesLn 26$818K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$2.5M
Fundraising eventsLn 1c$12K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$373K
Cash and savings togetherLn 1–2$373K
Total assetsLn 16$730K
LiabilitiesLn 26$818K
Net assetsLn 32−$88K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$15K$373K
Total assetsLn 16$15K$730K
LiabilitiesLn 26$0$818K
Net assetsLn 32$15K−$88K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$5K$5K
Office expensesLn 13$2K$2K
OccupancyLn 16$13K$13K
Other expenses (24a–d)Ln 24$2.7M$2.7M
Total functional expensesLn 25$2.7M$2.7M$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.6M$2.7M−$107K−$88K 990 PDF
FY2023 $192K$15K 990 PDF
FY2022 $76K$31K 990 PDF
FY2021 $199K$85K 990 PDF
FY2020 $28K$66K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,575,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $192,112$2,575,970
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0−$466
I-12 Total revenuePrior year $192,112$2,575,504
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $28,333$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $179,739$2,682,088
I-18 Total expensesPrior year $208,072$2,682,088
I-19 Revenue less expensesPrior year −$15,960−$106,584
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $2,575,504 across 6 lines filed
VIII-1c Fundraising events$12,385
VIII-1e Government grants$2,548,771
VIII-1f All other contributions, gifts and grants$14,814
VIII-1h Total contributions, gifts and grants$2,575,970
VIII-8 Net income from fundraising eventsExcluded from tax −$466−$466
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$466$2,575,504
Part IX · Statement of functional expenses $2,682,088 across 4 lines filed
IX-11b Legal feesManagement $5,000$5,000
IX-13 Office expensesManagement $1,684$1,684
IX-16 OccupancyManagement $13,136$13,136
IX-24 Other expenses (24a–d)Programs $2,662,268$2,662,268
IX-25 Total functional expensesPrograms $2,662,268 · Management $19,820 · Fundraising $0$2,682,088
Part X · Balance sheet $730,143 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $15,042$373,186
X-4 Accounts receivable$352,613
X-9 Prepaid expenses and deferred charges$4,344
X-16 Total assetsStart of year $15,042$730,143
X-17 Accounts payable and accrued expenses$817,672
X-26 Total liabilitiesStart of year $0$817,672
X-27 Net assets without donor restrictionsStart of year $15,042−$87,529
X-32 Total net assets or fund balancesStart of year $15,042−$87,529
X-33 Total liabilities and net assetsStart of year $15,042$730,143
Part XI · Reconciliation of net assets −$87,529 net assets at year end
XI-1 Total revenue$2,575,504
XI-2 Total expenses$2,682,088
XI-3 Revenue less expenses−$106,584
XI-4 Net assets at start of year$15,042
XI-9 Other changes in net assets$4,013
XI-10 Net assets at end of year−$87,529

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.