VIEUX CARRE PROPERTY OWNERS RESIDENTS AND ASSOCIATES INC

EIN: 582078940 501(c)(3)

NEW ORLEANS, LA

Total Revenue
$372,391
Total Expenses
$245,174
Total Assets
$549,344
Net Assets
$549,344
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
LA
Principal Officer
ERIN HOLMES
Phone
5045817200
Tax Period
2024-01-01 to 2024-12-31

VIEUX CARRE PROPERTY OWNERS RESIDENTS AND ASSOCIATES INC, founded in 1938, is a small nonprofit that reported $372K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 34% operating margin.

Mission

VIEUX CARRE PROPERTY OWNERS, RESIDENTS, & ASSOCIATES (VCPORA) IS A NONPROFIT ORGANIZATION THAT ADVOCATES FOR THE PRESERVATION AND PROTECTION OF THE VIEUX CARRE AS AN INTERNATIONAL HISTORIC TREASURE, A MAJOR CULTURAL AND ECONOMIC ASSET, AND A LIVING RESIDENTIAL NEIGHBORHOOD THAT IS VALUED AND RESPECTED BY ALL.

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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 $271,884
Program Service Revenue $0
Investment Income $12,526
Other Revenue $87,981
TOTAL REVENUE $372,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,251
Fundraising Expenses $318
Program Expenses $244,856
Other Expenses $109,923
TOTAL EXPENSES $245,174

Year-over-Year Comparison

2024 2023 Change
Revenue $372,391 $277,720 +0.3%
Expenses $245,174 $181,809 +0.3%
Net Income $127,217 $95,911 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
75

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
$80,128
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN CHAPMAN PRESIDENT 10.00
Officer Director
$0 $0 $0
ANGIE BOWLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDY GALLAGHER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ELIZABETH SIMPSON SECRETARY 4.00
Officer Director
$0 $0 $0
TRAVIS KENNY TREASURER 1.00
Director
$0 $0 $0
CHUCK BRACHT BOARD MEMBER 1.00
Director
$0 $0 $0
RYLAN DOMINGUE BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT TILTON BOARD MEMBER 1.00
Director
$0 $0 $0
LYN GLADNEY BOARD MEMBER 1.00
Director
$0 $0 $0
ANNIE IRVIN BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY MARINO BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES ROLF BOARD MEMBER 1.00
Director
$0 $0 $0
JASON WAGUESPACK BOARD MEMBER 1.00
Director
$0 $0 $0
MERCEDES WHITECLOUD BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY HEBERT BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN HOLMES EXECUTIVE DIRECTOR 40.00
Officer
$80,128 $0 $80,128
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
2024 $372,391 $245,174 $549,344 $127,217
2023 $277,720 $181,809 $407,738 $95,911
2022 $153,325 $169,062 $288,743 $-15,737
2021 $294,099 $169,327 $353,525 $124,772
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