Skip to content
Nonprofiteer
← NEW ORLEANS AREA HABITAT FOR HUMANITY INC

Form 990 for tax year 2024

Filed by NEW ORLEANS AREA HABITAT FOR HUMANITY INC.

Totals

Total revenue
$4,406,525
Total expenses
$5,872,660
Contributions and grants received
$4,329,037
Grants paid
$385,926
Program service revenue
$323,630
Investment income
-$1,016,162
Other revenue
$770,020
Total assets, end of year
$31,742,353
Total liabilities, end of year
$7,990,347
Net assets or fund balances, end of year
$23,752,006
Program services expenses (Part IX)
$4,200,625
Management and general expenses
$1,153,289
Fundraising expenses
$518,746
Program service expenses (Part III)
$4,200,625

Program services were 71.5% 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.

  • 1c · Fundraising events

    $79,590

  • 1e · Government grants (contributions)

    $1,929,247

  • 1f · All other contributions, gifts and grants

    $2,320,200

  • 1g · Noncash contributions included above

    $992,119

  • 2a · Program service revenue: IMPUTED INTEREST

    total $192,874 · related or exempt $192,874

  • 2b · Program service revenue: OTHER PROGRAM REVENUES

    total $112,045 · related or exempt $112,045

  • 2c · Program service revenue: LATE PAYMENT FEES

    total $18,431 · related or exempt $18,431

  • 2d · Program service revenue: CREDIT APPLICATION FEES

    total $280 · related or exempt $280

  • 3 · Investment income

    total $32,677 · excluded $32,677

  • 6a · Gross rents

    real property $703,651

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $703,651

  • 6d · Net rental income or loss

    total $703,651 · related or exempt $703,651

  • 7a · Gross sales of assets other than inventory

    securities $3,068,691 · other assets $3,052,538

  • 7b · Less cost or other basis and sales expenses

    securities $2,866,697 · other assets $4,303,371

  • 7c · Gain or loss

    securities $201,994 · other assets -$1,250,833

  • 7d · Net gain or loss

    total -$1,048,839 · related or exempt -$250,865 · excluded -$797,974

  • 8a · Fundraising events: gross income

    $55,952

  • 8a · Fundraising events: contributions included on line 1c

    $79,590

  • 8b · Fundraising events: direct expenses

    $61,097

  • 8c · Net income from fundraising events

    total -$5,145 · excluded -$5,145

  • 10a · Gross sales of inventory

    $3,274,460

  • 10b · Cost of goods sold

    $3,219,527

  • 10c · Net income from sales of inventory

    total $54,933 · related or exempt $54,933

  • 11a · Other revenue: CHINESE DRYWALL RECOVERY DAMAGES

    total $16,581 · related or exempt $16,581

  • 11e · Other revenue, total

    $16,581

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $385,926 · program services $385,926

  • 5 · Compensation of officers, directors and key employees

    total $535,977 · program services $145,435 · management and general $283,798 · fundraising $106,744

  • 7 · Other salaries and wages

    total $1,601,389 · program services $1,122,017 · management and general $216,020 · fundraising $263,352

  • 8 · Pension plan contributions

    total $55,770 · program services $38,702 · management and general $11,064 · fundraising $6,004

  • 9 · Other employee benefits

    total $216,000 · program services $149,896 · management and general $42,849 · fundraising $23,255

  • 10 · Payroll taxes

    total $158,543 · program services $93,609 · management and general $37,334 · fundraising $27,600

  • 11b · Fees: legal

    total $8,742 · program services $4,895 · management and general $2,702 · fundraising $1,145

  • 11c · Fees: accounting

    total $66,791 · management and general $66,791

  • 11g · Fees: other

    total $216,745 · program services $179,565 · management and general $6,831 · fundraising $30,349

  • 12 · Advertising and promotion

    total $38,273 · program services $4,710 · management and general $248 · fundraising $33,315

  • 13 · Office expenses

    total $29,206 · program services $26,944 · management and general $1,514 · fundraising $748

  • 14 · Information technology

    total $186,642 · program services $97,099 · management and general $82,241 · fundraising $7,302

  • 16 · Occupancy

    total $145,465 · program services $141,713 · management and general $1,767 · fundraising $1,985

  • 17 · Travel

    total $11,698 · program services $8,083 · management and general $2,773 · fundraising $842

  • 20 · Interest

    total $311,351 · management and general $311,351

  • 22 · Depreciation, depletion and amortization

    total $445,240 · program services $441,229 · management and general $4,011

  • 23 · Insurance

    total $378,524 · program services $372,522 · management and general $5,192 · fundraising $810

  • 24a · Other expenses: HOME AND REPAIR

    total $620,699 · program services $620,574 · fundraising $125

  • 24b · Other expenses: OTHER EXPENSES

    total $131,501 · program services $115,685 · management and general $13,198 · fundraising $2,618

  • 24c · Other expenses: PERSONAL DEVELOPMENT

    total $118,647 · program services $81,981 · management and general $28,125 · fundraising $8,541

  • 24d · Other expenses: VEHICLE OPERATIONS

    total $104,159 · program services $103,454 · management and general $69 · fundraising $636

  • 24e · All other expenses

    total $105,372 · program services $66,586 · management and general $35,411 · fundraising $3,375

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,004,012 · end of year $3,421,696

  • 4 · Accounts receivable

    beginning of year $274,619 · end of year $207,297

  • 7 · Other notes and loans receivable

    beginning of year $3,416,481 · end of year $3,279,359

  • 8 · Inventories for sale or use

    beginning of year $5,338,125 · end of year $8,014,421

  • 9 · Prepaid expenses and deferred charges

    beginning of year $164,826 · end of year $110,708

  • 10a · Land, buildings and equipment: cost or other basis

    $13,091,184

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,868,361

  • 10c · Land, buildings and equipment, net

    beginning of year $14,286,197 · end of year $10,222,823

  • 11 · Investments: publicly traded securities

    beginning of year $8,935,814 · end of year $6,486,049

  • 15 · Other assets

    beginning of year $11,938 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $988,115 · end of year $252,549

  • 21 · Escrow or custodial account liability

    beginning of year $162,362 · end of year $137,547

  • 23 · Secured mortgages and notes payable

    beginning of year $11,687,217 · end of year $6,889,472

  • 24 · Unsecured notes and loans payable

    beginning of year $109,461 · end of year $100,494

  • 25 · Other liabilities

    beginning of year $615,288 · end of year $610,285

  • 27 · Net assets without donor restrictions

    beginning of year $23,431,351 · end of year $20,308,099

  • 28 · Net assets with donor restrictions

    beginning of year $1,438,218 · end of year $3,443,907

Mission and programs · 2024

Mission

"TO RESPONSIBLY BUILD COMMUNITIES WHERE FAMILIES CAN THRIVE, IN HOMES THEY CAN AFFORD". NOAHH MAKES HOME OWNERSHIP POSSIBLE BY SERVING AS BOTH THE BUILDER AND LENDER, PROVIDING ZERO PERCENT INTEREST LOANS TO LOW INCOME BUYERS WHO TYPICALLY WOULD NOT QUALIFY (CONT'D ON SCH. O) FOR COMMERCIAL PRODUCTS.

Activities or mission (Part I)

TO RESPONSIBLY BUILD COMMUNITIES WHERE FAMILIES CAN THRIVE, IN HOMES THEY CAN AFFORD.

  • NOAHH'S PRIMARY PROGRAM IS IN THE CONSTRUCTION OF NEW HOMES WITH THE PARTICIPATION OF LOW TO MODERATE INCOME (80-120% AMI) FUTURE HOME BUYERS, VOLUNTEERS AND STAFF. IN PARTNERSHIP WITH THE CITY OF NEW ORLEANS AND THE NEW ORLEANS REDEVELOPMENT AUTHORITY, HABITAT ALSO BUILDS AND SELLS HOMES TO LOW-TO MODERATE INCOME BUYERS (UP TO 120% AMI) THAT ARE FINANCED THROUGH LOCAL FINANCIAL INSTITUTIONS. NOAHH ALSO RUNS AN ACTIVE HOME REPAIR PROGRAM THAT MAKES REPAIRS TO LOW INCOME, ELDERLY OR DISABLED HOMEOWNERS WHO LACK THE MEANS TO UNDERTAKE NEEDED REPAIRS THEMSELVES.15 HOMES WERE SOLD, AND 8 HOMES WERE UNDER CONSTRUCTION AT JUNE 30, 2025.

    Expenses $2,587,860 · Grants $385,926 · Revenue $89,346

  • RECOGNIZING THE CITY'S URGENT NEED FOR HEALTHY, AFFORDABLE RENTALS, AND THAT NOT ALL FAMILIES CAN OR WANT TO BECOME HOMEOWNERS, NOAHH HAS MORE THAN 70 AFFORDABLE RENTAL UNITS. THE GOAL IS TO STABILIZE FAMILIES WHILE POSITIONING THEM TO MAKE SOUND FINANCIAL DECISIONS, WHICH WILL BETTER ENABLE THEM TO PURSUE HOMEOWNERSHIP, SHOULD THEY DESIRE TO DO SO.

    Expenses $763,021 · Revenue $703,651

  • THE NEW ORLEANS AREA HABITAT FOR HUMANITY RESTORE HAS A LOCATION IN NEW ORLEANS. NOAHH SELLS GENTLY USED FURNITURE, HOME GOODS, APPLIANCES, AND BUILDING MATERIALS THAT HAVE BEEN DONATED FROM LOCAL INDIVIDUALS, AS WELL AS BUSINESS AND HOTEL RENOVATIONS. THIS PROVIDES A RELIABLE SOURCE OF EARNED INCOME FOR NOAHH, WHILE SERVING AS A SOURCE FOR AFFORDABLE HOME GOODS TO OUR SURROUNDING COMMUNITY.

    Expenses $849,744 · Revenue $54,933

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sandra Diggs-Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doug Fields

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Ferguson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ben Gordon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Timothy Ieyoub

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Riley Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Larry Palestina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kelly Theard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • W Anthony Toups III Tony

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Ann Clayton Chamberlain

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Chris Ferris

    VP & SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Aaron Buck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Helen Foster

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Richard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marguerite Oestreicher

    EXECUTIVE DIRECTOR

    Total calculated
    $163,897
    From this org
    $151,727
    From related orgs
    $0
    Other
    $12,170
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $151,727
    Bonus
    $0
    Other
    $0
    Deferred
    $4,629
    Nontaxable benefits
    $7,541
    Filer's total
    $163,897

  • Thomas J Exnicios

    CHIEF FINANCIAL OFFICER

    Total calculated
    $133,864
    From this org
    $125,334
    From related orgs
    $0
    Other
    $8,530
    Hours/week
    50 + 2 related

  • James Allen Bell

    DIRECTOR OF STRATEGIC PLAN

    Total calculated
    $126,147
    From this org
    $121,924
    From related orgs
    $0
    Other
    $4,223
    Hours/week
    50

  • Timothy O'Rourke

    DIRECTOR OF OPERATIONS

    Total calculated
    $111,825
    From this org
    $100,740
    From related orgs
    $0
    Other
    $11,085
    Hours/week
    50

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

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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.

  • NOAHH SO INC

    501(C)(3) · SUPPORT OF NEW ORLEANS AREA HABITAT FOR HUMANITY, INC. · LA · controlled entity

    Directly controlled by NEW ORLEANS AREA HABITAT FOR HUMANITY INC

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611349349310706

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.