Totals
- Total revenue
- $312,907
- Total expenses
- $587,341
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $306,744
- Investment income
- $4,995
- Other revenue
- $1,168
- Total assets, end of year
- $2,832,041
- Total liabilities, end of year
- $1,705,571
- Net assets or fund balances, end of year
- $1,126,470
- Program services expenses (Part IX)
- $587,341
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $587,341
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENTAL INCOME
total $306,744 · related or exempt $306,744
-
3 · Investment income
total $4,995 · excluded $4,995
-
11a · Other revenue: MISCELLENOUS REVENUE
total $1,168 · related or exempt $1,168
-
11e · Other revenue, total
$1,168
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $24,000 · program services $24,000
-
11c · Fees: accounting
total $5,600 · program services $5,600
-
11g · Fees: other
total $52,072 · program services $52,072
-
12 · Advertising and promotion
total $210 · program services $210
-
13 · Office expenses
total $6,415 · program services $6,415
-
16 · Occupancy
total $29,889 · program services $29,889
-
17 · Travel
total $712 · program services $712
-
20 · Interest
total $57,655 · program services $57,655
-
22 · Depreciation, depletion and amortization
total $197,856 · program services $197,856
-
23 · Insurance
total $86,743 · program services $86,743
-
24a · Other expenses: PROGRAM REPAIRS AND EQU
total $124,550 · program services $124,550
-
24b · Other expenses: OTHER EXPENSES
total $998 · program services $998
-
24c · Other expenses: HURRICANE PREPAREDNESS
total $641 · program services $641
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $551,009 · end of year $542,811
-
4 · Accounts receivable
beginning of year $4,020
-
9 · Prepaid expenses and deferred charges
beginning of year $76,320 · end of year $61,460
-
10a · Land, buildings and equipment: cost or other basis
$5,497,065
-
10b · Land, buildings and equipment: accumulated depreciation
$3,271,472
-
10c · Land, buildings and equipment, net
beginning of year $2,423,449 · end of year $2,225,593
-
15 · Other assets
beginning of year $2,177 · end of year $2,177
-
17 · Accounts payable and accrued expenses
beginning of year $17,356 · end of year $11,262
-
25 · Other liabilities
beginning of year $1,638,715 · end of year $1,694,309
-
27 · Net assets without donor restrictions
beginning of year $1,400,904 · end of year $1,126,470
Mission and programs · 2024
Mission
THE MISSION OF THE ORGANIZATION IS TO PROVIDE HOUSING RELATED SERVICES TO LOW AND MODERATE INCOME SENIORS WHO ARE IN NEED OF AFFORDABLE HOUSING OPTIONS. THIS INCLUDES THE OWNERSHIP, OPERATION, AND DEVELOPMENT OF THE AFOREMENTIONED LOCATION WITH THE (CONT'D ON SCH O) PROVISION OF HOUSING RELATED SERVICES ON A NONPROFIT BASIS.
Activities or mission (Part I)
THE MISSION OF THE ORGANIZATION IS TO PROVIDE HOUSING RELATED SERVICES TO LOW AND (CONT'D ON SCH O) MODERATE INCOME SENIORS WHO ARE IN NEED OF AFFORDABLE HOUSING OPTIONS. THIS INCLUDES THE OWNERSHIP, OPERATION, AND DEVELOPMENT OF THE AFOREMENTIONED LOCATION WITH THE PROVISION OF HOUSING RELATED SERVICES ON A NONPROFIT BASIS.
-
THIS PROJECT WAS CREATED BY THE DONATION OF THE PROPERTY FROM A PREVIOUS PARTNERSHIP ENTITY IN ORDER TO CONTINUE PROVIDING DECENT RENTAL HOUSING OPTIONS IN THE NEW ORLEANS AREA THAT IS AFFORDABLE TO LOW AND MODERATE INCOME SENIORS. THIS PROJECT CREATED A TOTAL OF 30 UNITS THAT PROVIDE A WONDERFUL HOME FOR MIXED-INCOME TENANTS. THE PROPERTY IS RUN BY THE RENAISSANCE NEIGHBORHOOD DEVELOPMENT CORPORATION (RNDC), AN ORGANIZATION THAT CONTINUES TO ACQUIRE, OWN, DEVELOP, HOLD, SELL, LEASE, TRANSFER, EXCHANGE, OPERATE, AND MANAGE AFFORDABLE HOUSING PROJECTS.
Expenses $587,341 · Revenue $307,912
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LEONARD SIMMONS JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
MIKE KING
SECRETARY
- Total calculated
- $868,407
- From this org
- $0
- From related orgs
- $685,034
- Other
- $183,373
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $649,926 related
- Bonus
- $0 + $13,693 related
- Other
- $0 + $21,415 related
- Deferred
- $0 + $112,456 related
- Nontaxable benefits
- $0 + $70,917 related
- Filer's total
- $0 + $868,407 related
-
SHAWN M BLOOM
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
VORIS VIGEE
PRESIDENT & CEO
- Total calculated
- $410,567
- From this org
- $0
- From related orgs
- $285,075
- Other
- $125,492
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $182,163 related
- Bonus
- $0 + $70,000 related
- Other
- $0 + $32,912 related
- Deferred
- $0 + $39,815 related
- Nontaxable benefits
- $0 + $85,677 related
- Filer's total
- $0 + $410,567 related
-
VANESSA LEVINE
EXECUTIVE DIRECTOR
- Total calculated
- $283,077
- From this org
- $0
- From related orgs
- $212,963
- Other
- $70,114
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $162,883 related
- Bonus
- $0 + $49,900 related
- Other
- $0 + $180 related
- Deferred
- $0 + $33,615 related
- Nontaxable benefits
- $0 + $36,499 related
- Filer's total
- $0 + $283,077 related
-
GARY ZAPATA
CHIEF FINANCIAL OFFICER
- Total calculated
- $209,754
- From this org
- $0
- From related orgs
- $163,214
- Other
- $46,540
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $149,800 related
- Bonus
- $0 + $13,000 related
- Other
- $0 + $414 related
- Deferred
- $0 + $25,200 related
- Nontaxable benefits
- $0 + $21,340 related
- Filer's total
- $0 + $209,754 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- VORIS VIGEE CONTRIBUTED $9,315 TO THE ORGANIZATION'S 409A DEFERRED COMPENSATION PLAN.
- FORM 990, SCHEDULE J, PART I, LINE 3, QUESTIONS REGARDING COMPENSATION:
- VOASELA HAS A COMPENSATION COMMITTEE WHO EVALUATES AND ESTABLISHES THE CEO'S COMPENSATION. THE COMMITTEE IS MADE UP OF INDEPENDENT BOARD MEMBERS. THE COMMITTEE MEETS AS NEEDED TO DISCUSS ANY POTENTIAL CHANGES TO THE CEO'S COMPENSATION. THE COMMITTEE USES THE SALARY ADMINISTRATION PLAN, WHICH IS UPDATED ANNUALLY WITH REGIONAL SALARY SURVEY INFORMATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA
501(C)(3) · OPERATE A RELIGIOUS, MISSIONARY AND WELFARE SOCIETY · LA
-
RENAISSANCE NEIGHBORHOOD CORPORATION
501(C)(3) · HOUSING · LA
Directly controlled by VOASELA
-
501(C)(3) · HELP SOCIETY · VA
-
501(C)(3) · HELP SOCIETY · LA
Directly controlled by VOASELA
-
501(C)(3) · HOUSING · LA
Directly controlled by VOASELA
-
501(C)(3) · HOUSING · LA
Directly controlled by RENAISSANCE NEIGHBORHOOD DEVELOPMENT CORPORATION
-
501(C)(3) · HOUSING · LA
Directly controlled by RENAISSANCE NEIGHBORHOOD DEVELOPMENT CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533539349300538
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