Form 990 for tax year 2023
Filed by MQVN COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $4,062,753
- Total expenses
- $4,305,135
- Contributions and grants received
- $2,235,372
- Grants paid
- $0
- Program service revenue
- $1,766,098
- Investment income
- $0
- Other revenue
- $61,283
- Total assets, end of year
- $9,015,011
- Total liabilities, end of year
- $290,830
- Net assets or fund balances, end of year
- $8,724,181
- Program services expenses (Part IX)
- $3,482,681
- Management and general expenses
- $822,454
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,482,681
Program services were 80.9% 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.
-
1e · Government grants (contributions)
$2,085,304
-
1f · All other contributions, gifts and grants
$150,068
-
2a · Program service revenue: PATIENT SERVICE REVENU
total $1,708,327 · related or exempt $1,708,327
-
2b · Program service revenue: INSURANCE INCENTIVE IN
total $57,771 · related or exempt $57,771
-
11a · Other revenue: MISCELLANEOUS
total $61,283 · related or exempt $61,283
-
11e · Other revenue, total
$61,283
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $664,324 · program services $587,825 · management and general $76,499
-
7 · Other salaries and wages
total $1,960,274 · program services $1,734,541 · management and general $225,733
-
9 · Other employee benefits
total $171,699 · program services $153,509 · management and general $18,190
-
10 · Payroll taxes
total $152,690 · program services $136,514 · management and general $16,176
-
11b · Fees: legal
total $9,933 · management and general $9,933
-
11c · Fees: accounting
total $39,346 · management and general $39,346
-
11g · Fees: other
total $105,316 · program services $20,367 · management and general $84,949
-
13 · Office expenses
total $65,338 · program services $22,000 · management and general $43,338
-
16 · Occupancy
total $43,153 · program services $408 · management and general $42,745
-
17 · Travel
total $31,509 · program services $35 · management and general $31,474
-
22 · Depreciation, depletion and amortization
total $87,161 · management and general $87,161
-
24a · Other expenses: HEALTH CLINIC
total $774,075 · program services $774,075
-
24b · Other expenses: OPERATING SERVICES
total $146,030 · program services $13,500 · management and general $132,530
-
24c · Other expenses: EQUIPMENT/MAINTENANCE
total $51,428 · program services $39,907 · management and general $11,521
-
24d · Other expenses: MISCELLANEOUS
total $2,859 · management and general $2,859
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,543,584 · end of year $4,492,310
-
2 · Savings and temporary cash investments
end of year $2,000,000
-
4 · Accounts receivable
beginning of year $623,087 · end of year $485,645
-
9 · Prepaid expenses and deferred charges
beginning of year $74,391 · end of year $60,249
-
10a · Land, buildings and equipment: cost or other basis
$2,937,738
-
10b · Land, buildings and equipment: accumulated depreciation
$960,931
-
10c · Land, buildings and equipment, net
beginning of year $1,926,294 · end of year $1,976,807
-
17 · Accounts payable and accrued expenses
beginning of year $183,685 · end of year $290,830
-
24 · Unsecured notes and loans payable
beginning of year $17,108
-
27 · Net assets without donor restrictions
beginning of year $8,966,563 · end of year $8,724,181
Mission and programs · 2023
Mission
MQVN COMMUNITY DEVELOPMENT CORPORATION'S (MQVN-CDC) MISSION IS TO PRESERVE AND PROMOTE A UNIQUE DIVERSITY AND IMPROVEMENT OF THE LIVES OF RESIDENTS AND SMALL BUSINESSES IN NEW ORLEANS EAST AND GREATER NEW ORLEANS. WE ARE FOCUSING ON FACILITATING COMMUNITY ACCESS TO SERVICES AND RESOURCES, AND TO PROMOTE AND PROVIDE QUALITY HEALTHCARE AND EDUCATION, AS WELL AS BUSINESS REVITALIZATION AND DEVELOPMENT.
-
NOELA COMMUNITY HEALTH CENTER PROVIDES PRIMARY CARE SERVICES TO THE ADULT AND PEDIATRIC POPULATIONS WITHIN NEW ORLEANS EAST COMMUNITY AND ITS SURROUNDING NEIGHBORHOODS WHO SUFFER FROM LIMITED ACCESS TO HEALTH CARE. OUR GOAL IS TO IMPROVE THE HEALTH AND WELL-BEING OF UNDERSERVED COMMUNITIES IN AND AROUND THE NEW ORLEANS EAST AREA BY PROVIDING ACCESSIBLE, AFFORDABLE, HIGH QUALITY, CULTURALLY COMPETENT COMMUNITY BASED PRIMARY, PREVENTIVE, REHABILITATIVE, AND BEHAVIORAL HEALTH CARE. SERVICES INCLUDE PRIMARY CARE, OBGYN, MENTAL HEALTH AND SOCIAL SERVICES, MEDICARE/MEDICAID, AND PHARMACY EDUCATION.
Expenses $3,482,681 · Revenue $1,827,381
-
VEGGI FARMERS COOPERATIVE IS DEDICATED TO EMPOWERING GROWERS IN THE GREATER NEW ORLEANS AREA, STARTING IN NEW ORLEANS EAST, IN ORDER TO CREATE SUSTAINABLE, HIGH QUALITY JOBS THAT ENHANCE THE QUALITY OF LIFE OF COMMUNITIES THROUGH INCREASING LOCAL FOOD ACCESS AND PROMOTION OF SUSTAINABLE AGRICULTURE.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jason HorneJASON HORNE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mai DoMAI DO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kelli DorseyKELLI DORSEY
PRESIDENT & CEO
- Total calculated
- $0
- Hours/week
- 2
-
Cam TranCAM TRAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Angela GarciaANGELA GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Donna TerreDONNA TERRE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dawn HebertDAWN HEBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Octave RaineyOCTAVE RAINEY
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Andres GarciaANDRES GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dinora CartagenaDINORA CARTAGENA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Keith WinfreyKEITH WINFREY
CMO
- Total calculated
- $280,830
- From this org
- $280,830
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,830
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $280,830
-
Diem NguyenDIEM NGUYEN
CEO
- Total calculated
- $264,266
- From this org
- $264,266
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $264,266
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $264,266
-
David NguyenDAVID NGUYEN
CFO
- Total calculated
- $143,462
- From this org
- $143,462
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Abiola AkamoABIOLA AKAMO
NURSE PRACTITIONER
- Total calculated
- $106,475
- From this org
- $106,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Thao TranTHAO TRAN
NURSE PRACTITIONER
- Total calculated
- $100,589
- From this org
- $100,589
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
None.
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521329349305922
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