Skip to content
Nonprofiteer
← COMMUNITY FOUNDATION REALTY INC

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION REALTY INC.

Totals

Total revenue
$3,463
Total expenses
$2,433
Contributions and grants received
$3,440
Grants paid
$0
Program service revenue
$0
Investment income
$23
Other revenue
$0
Total assets, end of year
$801,938
Total liabilities, end of year
$4,521
Net assets or fund balances, end of year
$797,417
Program services expenses (Part IX)
$1,712
Management and general expenses
$721
Fundraising expenses
$0
Program service expenses (Part III)
$1,712

Program services were 70.4% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $3,440

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $23 · related or exempt $0 · unrelated business $0 · excluded $23

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

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

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,712 · program services $1,712

  • 24a · Other expenses: Property Taxes

    total $721 · program services $0 · management and general $721 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $202 · end of year $187

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $1,751

  • 3 · Pledges and grants receivable

    beginning of year $0

  • 4 · Accounts receivable

    beginning of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0

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

    $800,000

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $800,000 · end of year $800,000

  • 11 · Investments: publicly traded securities

    beginning of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,815 · end of year $4,521

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $796,387 · end of year $797,417

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

As a supporting organization of the Baton Rouge Area Foundation, this entity will benefit, perform the function of, and carry out the purposes of the Baton Rouge Area Foundation, specifically with respect to the acquisition, development, management and disposition of real estate assets donated to or otherwise acquired by the Foundation. These real estate assets are primarily engaged in economic development opportunities and the redevelopment of blighted areas of economically distressed communities.

Activities or mission (Part I)

To carry out the purpose of the Baton Rouge Area Foundation, specifically with respect to the acquisition, development, management and disposition of real estate assets.

  • To support the Baton Rouge Area Foundation in its charitable purpose with grants and in regards to the acquisition, management, development and disposition of real estate assets.

    Expenses $1,712 · Revenue $3,000

As filed on the 2023 return.

Listed in Part VII

  • Edmund J Giering IV

    President/Director

    Total calculated
    $295,738
    From this org
    $0
    From related orgs
    $224,112
    Other
    $71,626
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,254 related
    Bonus
    $0
    Other
    $0 + $24,858 related
    Deferred
    $0 + $46,727 related
    Nontaxable benefits
    $0 + $24,899 related
    Filer's total
    $0 + $295,738 related

  • John B Noland Jr

    Secretary/Treasurer/Director

    Total calculated
    $0
    Hours/week
    1

  • Annette D Barton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Matthew G McKay

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ryland Percy III

    Director

    Total calculated
    $0
    Hours/week
    1

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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CPDC Properties LP

    Real Estate · LA

    Directly controlled by CP Realty Trust

  • 5401 North LLC

    Real Estate · LA

    Directly controlled by Wilbur Marvin Foundation

  • 5401 CFN I LLC

    Real Estate · LA

    Directly controlled by 5401 North Investments III LLC

  • CPRT Americana LLC

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • Transbio Ventures LP

    Investment · LA

    Directly controlled by Baton Rouge Area Foundation

  • Cancer Focus Fund LP

    Investment · TX

    Directly controlled by Investment

  • BCBC Land LLC

    Real Estate · LA

    Directly controlled by CPDC Properties

  • BCBC Shoppes LLC

    Real Estate · LA

    Directly controlled by CPDC Properties

  • 5401 North Investments I LLC

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • CPRT QOF I LLC

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • CPRT QOZB I LLC

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • CPRT QOZB II LLC

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • Kannapolis Crossing LP

    Real Estate · LA

    Directly controlled by Commercial Properties Realty Trust

  • BR Acquisitions LLC

    Real Estate · LA

    Directly controlled by CPMC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Capitol House Hotel LLC

    C · Real Estate · LA

    Directly controlled by Wilbur Marvin Foundation

  • Commercial Properties Realty Trust

    C · Real Estate · MD

    Directly controlled by Wilbur Marvin Foundation

  • Commercial Properties Management Corporation

    C · Real Estate Management · LA

    Directly controlled by Wilbur Marvin Foundation

  • Commercial Properties Development Corporation

    C · Real Estate · LA

    Directly controlled by Commercial Properties Management Corporation

  • Bon Carre CPDC II Inc

    C · Holding Corp · LA

    Directly controlled by Commercial Properties Realty Trust

  • Charitable Remainder Trusts (6)

    T · Investment · LA

    Directly controlled by Baton Rouge Area Foundation

  • Charitable Reminder Trust (1)

    T · Investment · NC

    Directly controlled by Baton Rouge Area Foundation

  • Charitable Remainder Trust (3)

    T · Investment · LA

    Directly controlled by Baton Rouge Area Foundation

  • Gray Fox Mineral Corporation

    S · Investment · LA

    Directly controlled by Baton Rouge Area Foundation

  • Front Street Condominium Association Inc

    C · Real Estate · LA

    Directly controlled by CP Realty Trust

  • 5401 North Commercial Owners Association

    C · Commercial Association · NC

    Directly controlled by Commercial Properties Realty Trust

  • CPRT HE LLC

    C · Real Estate · LA

    Directly controlled by CP Realty Trust

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202413199349314886

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.