CENTRAL CITY HOUSING DEVELOPMENT CORP

EIN: 237010677 501(c)(3) Housing & Shelter

NEW ORLEANS, LA

Total Revenue
$711,275
Total Expenses
$628,259
Total Assets
$2,685,052
Net Assets
$170,600
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
LA
Principal Officer
PRISCILLA EDWARDS
Phone
5044211643
Tax Period
2024-07-01 to 2025-06-30

CENTRAL CITY HOUSING DEVELOPMENT CORP, founded in 1968, is a small nonprofit in the Housing & Shelter sector that reported $711K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $628K left a modest 12% surplus.

Mission

TO PROVIDE DECENT SAFE, SANCTUARY AND AFFORDABLE HOUSING OPPORTUNITIES FOR BOTH HOME OWNERSHIP AND RENTAL FOR PERSONS OF LOW AND MODERATE INCOME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $710,993
Investment Income $282
Other Revenue $0
TOTAL REVENUE $711,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,626
Fundraising Expenses $0
Program Expenses $568,917
Other Expenses $514,633
TOTAL EXPENSES $628,259

Year-over-Year Comparison

2024 2023 Change
Revenue $711,275 $606,193 +0.2%
Expenses $628,259 $656,104 0.0%
Net Income $83,016 $-49,911 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PRISCILLA EDWARDS CHAIRMAN 20.00
Officer Director
$0 $0 $0
BRIAN RICHBURG VICE PRESIDENT 20.00
Officer Director
$0 $0 $0
KEVIN WYNNE TREASURER 20.00
Officer Director
$0 $0 $0
SHIRLEY SIMON DIRECTOR 1.00
Director
$0 $0 $0
HERMINE JONES DIRECTOR 1.00
Director
$0 $0 $0
BARBARA MALTER DIRECTOR 1.00
Director
$0 $0 $0
CATRINA REED SECRETARY 1.00
Officer Director
$0 $0 $0
HOWARD RODGERS DIRECTOR 1.00
Director
$0 $0 $0
PERCY BRYANT DIRECTOR 1.00
Director
$0 $0 $0
RONALD COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
LASHUNDA FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $711,275 $628,259 $2,685,052 $83,016
2024 $606,193 $656,104 $2,709,628 $-49,911
2023 $570,584 $609,290 $2,802,602 $-38,706
2022 $501,988 $445,496 $2,818,752 $56,492
2021 $446,262 $475,159 $3,535,372 $-28,897
2020 $436,219 $408,743 $557,531 $27,476
2019 $417,087 $354,565 $474,577 $62,522
2018 $624,101 $462,579 $696,098 $161,522
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