2025-02-02T17:47:54-06:00 2023-12-31 994625061 CRI ADVISORS LLC 3850 N CAUSEWAY BLVD 1400 METAIRIE LA 70002 990 2023-01-01 204216595 GULF COAST HOUSING PARTNERSHIP INC GULF 5045252505 1626 ORETHA CASTLE HALEY BLVD A NEW ORLEANS LA 70113 KATHLEEN F LABORDE PRESIDENT & CEO 5045252505 2025-02-02 1 0 MELISSA Y DUHON CPA P01336607 5048379116 2025-02-02 2023 2025-03-06 01:10:19Z KATHLEEN F LABORDE 1626 ORETHA CASTLE HALEY BLVD A NEW ORLEANS LA 70113 26159253 0 X WWW.GCHP.NET X 2006 DE IT IS THE MISSION OF GULF COAST HOUSING PARTNERSHIP (GCHP) TO REVITALIZE THE GULF COAST THROUGH TRANSFORMATIVE DEVELOPMENT. WORKING IN PARTNERSHIP WITH PUBLIC, NONPROFIT, AND PRIVATE ENTITIES, GCHP WILL CREATE VIBRANT, HIGH-QUALITY COMMUNITIES WHICH ARE SOCIALLY AND INTEGRATED, AFFORDABLE, AND SUSTAINABLE. 0 0 170 15 0 0 9476615 3590058 8704157 6732296 683778 -3943134 1368030 15425958 20232580 21805178 0 0 0 0 4538563 7994083 0 0 0 5796707 27672062 10335270 35666145 9897310 -13860967 137077099 508844760 42693387 272779541 94383712 236065219 X IT IS THE MISSION OF GULF COAST HOUSING PARTNERSHIP (GCHP) TO REVITALIZE THE GULF COAST THROUGH TRANSFORMATIVE DEVELOPMENT. WORKING IN PARTNERSHIP WITH PUBLIC, NONPROFIT, AND PRIVATE ENTITIES, GCHP WILL CREATE VIBRANT, HIGH-QUALITY COMMUNITIES WHICH ARE SOCIALLY AND INTEGRATED, AFFORDABLE, AND SUSTAINABLE. 0 0 35666145 17804179 AS OF 2023, GULF COAST HOUSING PARTNERSHIP, INC. PLACED IN SERVICE INCLUDING RENTAL AND SUPPORTIVE HOUSING MORE THAN 4,200 UNITS AND 19 COMMERCIAL OR COMMUNITY FACILITIES, WITH 48 UNITS UNDER CONSTRUCTION AND 388 COMPLETED DURING 2023. THROUGH PROJECT BASED PARTNERSHIPS WITH NON-PROFIT, FOR-PROFIT AND PUBLIC SECTOR ORGANIZATIONS, GCHP HAS BEEN SUCCESSFUL IN DELIVERING INDUSTRY-STANDARD REAL ESTATE DEVELOPMENT EXPERTISE THROUGHOUT THE GULF COAST REGION. 35666145 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 60 0 1 170 1 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL MS GA X RICHARD CAMPBELL 5045252505 1626 ORETHA CASTLE HALEY BLVD A NEW ORLEANS LA 70113 X TOM BLEDSOE DIRECTOR 0.50 0.50 X 0 0 0 REVEREND WILLIE GABLE JR DIRECTOR 0.50 0.75 X 0 0 0 FRAN WAGSTAFF DIRECTOR 0.50 0.50 X 0 0 0 HELEN WERBY DIRECTOR 0.50 0.50 X 0 0 0 JOHN HORHN DIRECTOR 0.50 0.50 X 0 0 0 NANCY RASE DIRECTOR 0.50 0.50 X 0 0 0 GARY A COBBS DIRECTOR 0.50 0.50 X 0 0 0 MTUMISHI ST JULIEN DIRECTOR 0.50 0.50 X 0 0 0 GWENDOLYN HAMILTON HEBERT-MAGEE DIRECTOR 0.50 0.50 X 0 0 0 SHANTEL HEBERT-MAGEE DIRECTOR 0.50 0.50 X 0 0 0 JOSEPH RAINES DIRECTOR 0.50 0.50 X 0 0 0 JONATHAN CAMPBELL DIRECTOR 0.50 0.50 X 0 0 0 KATHLEEN LABORDE PRESIDENT AND CEO 40.00 0.75 X 0 0 0 GRETCHEN EDINBURGH SECRETARY 40.00 0.75 X 0 0 0 TROY VILLA TREASURER 2.00 2.00 X 0 0 0 MICHELLE WHETTEN CHAIR 2.00 2.00 X 0 0 0 SEAN BRUNO VICE CHAIR 2.00 2.00 X 0 0 0 0 0 0 0 0 0 0 REALPAGE INC PO BOX 842899 DALLAS TX 75284 SOFTWARE 448386 MULTISTUDIO INC PO BOX 414378 KANSAS CITY MO 64141 ARCHITECT SERVICE 299407 MARSH USA INC PO BOX 846015 DALLAS TX 75284 INSURANCE 126440 RESTECH 220 PHLOX AVE METAIRIE LA 70001 SOFTWARE SUPPORT PROVIDER 100608 4 880822 2709236 3590058 DEVELOPMENT FEES 531190 3825144 3825144 MANAGEMENT FEES 531190 2330999 2330999 INTEREST INCOME 531190 576153 576153 6732296 410941 410941 14039835 0 14039835 14039835 14039835 4354075 -4354075 -4354075 -4354075 FORGIVENESS OF DEBT 900099 1598198 1598198 OTHER REVENUE 900099 -212075 -212075 1386123 21805178 17804179 0 410941 7994083 7994083 4885711 4885711 9847737 9847737 3259734 3259734 ADMINISTRATIVE EXPENSES 2151766 2151766 MAINTENANCE REPAIRS & I 2067080 2067080 UTILITIES 1775241 1775241 PROFESSIONAL FEES 1038286 1038286 2646507 2646507 35666145 35666145 0 0 5550423 7850656 10246814 30315779 1237999 324887 4373734 77975 51995328 64397829 438664 1280019 381658370 0 18989176 381658370 12117736 123766 15041215 16494848 17086010 6320631 137077099 508844760 2772351 948607 1537624 6210599 38383412 265620335 42693387 272779541 X 78795359 218492360 15588353 17572859 94383712 236065219 137077099 508844760 X -13860967 155542474 X X 0 1 X 1 1 1 X 13658340 13809070 7336862 9476615 3590058 47870945 13658340 13809070 7336862 9476615 3590058 47870945 8930325 38940620 60491 16166 24013 80793 410941 592404 268252 666177 258005 1192434 49655783 0.78420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 381658370 381658370 381658370 CONSTRUCTION COST PAYABLE 9850453 REFUNDABLE ADVANCES 5295000 OTHER PAYABLES 8960982 DUE TO RELATED PARTIES 1851482 LT DEBT - NET OF DEBT ISSUANCE COSTS 239662418 265620335 X PART X, LINE 2: GULF COAST HOUSING PARTNERSHIP, INC. IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS DISTRIBUTED TO THE AUDIT AND FINANCE COMMITTEE CHAIR, WHO IS THE TREASURER OF GCHP. THIS PERSON REVIEWS AND APPROVES THE FORM 990 FOR FILING AS AUTHORIZED BY THE BOARD. ADDITIONALLY, THE ORGANIZATION WILL POST THE 990 ON A SHARED SITE TO MAKE IT AVAILABLE FOR THE FULL BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND COMMITTEE MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE POLICY REQUIRES DISCLOSURES TO THE DIRECTORS AND COMMITTEE MEMBERS CONSIDERING A PROPOSED TRANSACTION ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE BOARD OR COMMITTEE ADDRESSING THE TRANSACTION WILL DECIDE IF A CONFLICT OF INTEREST EXISTS BY REVIEWING ALL MATERIAL FACTS AND DISCUSSION WITH THE INTERESTED PERSON. THIS CAN INCLUDE A PRESENTATION BY THE INTERESTED PERSON, DESIGNATING A THIRD PARTY TO INVESTIGATE OR BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS/MEMBERS. THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PACKAGES FOR OFFICERS/KEY EMPLOYEES ARE DETERMINED BY THE PRESIDENT & CEO WITH INPUT FROM THE BOARD OF DIRECTORS AND RESEARCH OF INDUSTRY STANDARDS. THE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE TO THE PUBLIC BY PROVIDING A REQUEST TO THE PRESIDENT & CEO. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR PARTNERSHIPS FORMERLY OWNED SUBSIDARIES AND PRIOR YEAR FINANCIAL RESTATEMENT 155,542,474. 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