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New Orleans Regional Business Development Loan Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Summary charts: organization finances over time

Revenue
$1.51M (2023)

Expenses
$958k (2023)

Total Assets
$16.7M (2023)

Total Liabilities
$272k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,508,174
Expenses
$958,449
Net Income
$549,725
Net Assets
$16,450,941
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $776,092
51.5%
Investment Income $242,214
16.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $489,868
32.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $204,104
21.3%
Professional Fundraising Fees $0
Other Salaries and Wages $433,063
45.2%
Assets/Debt
Total Assets $16,723,419
Total Liabilities $272,478
Net Assets $16,450,941
Compensation
Key Employees and Officers Compensation Related Other
Th Betz Jr (Executive Director) $204,104 $0 $15,653
Duane J Abadie (Vice President) $0 $0 $0
Timothy Babin (Board Member) $0 $0 $0
Patricia Cary (Treasurer) $0 $0 $0
Rodney Crosby Jr (Board Member) $0 $0 $0
Lee Cuicchi (Board Member) $0 $0 $0
Warren Dupre (Board Member) $0 $0 $0
Freddie Elliott (Board Member) $0 $0 $0
Tommy Fonseca (Board Member) $0 $0 $0
Rivers Frederick (Ex Officio) $0 $0 $0
Marlin N Gusman (Board Member) $0 $0 $0
Leslie James (Board Member) $0 $0 $0
Andrew Jacques (Board Member) $0 $0 $0
Keith A Jarrett Jr (President) $0 $0 $0
Vic Lafont (Board Member) $0 $0 $0
Randy Opotowsky (Ex Officio) $0 $0 $0
Christopher Sullivan (Board Member) $0 $0 $0
William H Summerour (Board Member) $0 $0 $0
Alcide Tervalon Jr (Board Member) $0 $0 $0
Erik D Waters (Board Member) $0 $0 $0
Robert Weileman (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$582,470
Expenses
$928,614
Net Income
-$346,144
Net Assets
$15,901,216
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $635,976
> 100%
Investment Income $34,535
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$88,041
Notable Expenses Percent of Total Expenses
Executive Compensation $204,128
22.0%
Professional Fundraising Fees $0
Other Salaries and Wages $419,715
45.2%
Assets/Debt
Total Assets $16,936,662
Total Liabilities $1,035,446
Net Assets $15,901,216
Compensation
Key Employees and Officers Compensation Related Other
T H Betz (Executive Director) $204,128 $0 $15,329
Timothy Babin (Board Member) $0 $0 $0
Rodney Crosby Jr (Board Member) $0 $0 $0
Vic Lafont (Board Member) $0 $0 $0
Duane J Abadie (Treasurer) $0 $0 $0
Patricia Cary (Board Member) $0 $0 $0
Alcide Tervalon Jr (Board Member) $0 $0 $0
Freddie Elliott (Board Member) $0 $0 $0
Keith A Jarrett Jr (Vice President) $0 $0 $0
Rivers Frederick (Board Member) $0 $0 $0
Lee Cuicchi (Board Member) $0 $0 $0
Warren Dupre (Board Member) $0 $0 $0
Erik D Waters (Board Member) $0 $0 $0
Marlin N Gusman (Board Member) $0 $0 $0
Randy Opotowsky (President) $0 $0 $0
Michael O'hare (Board Member) $0 $0 $0
Tommy Fonseca (Board Member) $0 $0 $0
Andre Jacques (Board Member) $0 $0 $0
Christopher Sullivan (Board Member) $0 $0 $0
Robert Weileman (Board Member) $0 $0 $0
William Summerour (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$751,198
Expenses
$900,302
Net Income
-$149,104
Net Assets
$16,247,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $698,655
93.0%
Investment Income $6,185
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,358
6.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $198,347
22.0%
Professional Fundraising Fees $0
Other Salaries and Wages $411,781
45.7%
Assets/Debt
Total Assets $17,132,095
Total Liabilities $884,735
Net Assets $16,247,360
Compensation
Key Employees and Officers Compensation Related Other
T H Betz (Executive Director) $198,347 $0 $15,073
Timothy Babin (Board Member) $0 $0 $0
Steve Molnar (Board Member) $0 $0 $0
Vic Lafont (Board Member) $0 $0 $0
Duane J Abadie (Treasurer) $0 $0 $0
Patricia Cary (Board Member) $0 $0 $0
Alcide Tervalon Jr (Board Member) $0 $0 $0
Freddie Elliott (Board Member) $0 $0 $0
Keith A Jarrett Jr (Vice President) $0 $0 $0
Rivers Frederick (Board Member) $0 $0 $0
Lee Cuicchi (Board Member) $0 $0 $0
Warren Dupre (Board Member) $0 $0 $0
Erik D Waters (Board Member) $0 $0 $0
Marlin N Gusman (Board Member) $0 $0 $0
Randy Opotowsky (President) $0 $0 $0
Michael O'hare (Board Member) $0 $0 $0
Tommy Fonseca (Board Member) $0 $0 $0
Graham M Ralston (Board Member) $0 $0 $0
Robert Weileman (Board Member) $0 $0 $0
William Summerour (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$928,779
Expenses
$921,722
Net Income
$7,057
Net Assets
$16,285,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,910
1.7%
Program Services $797,208
85.8%
Investment Income $18,779
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $96,882
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $199,643
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $417,166
45.3%
Assets/Debt
Total Assets $17,200,795
Total Liabilities $915,138
Net Assets $16,285,657
Compensation
Key Employees and Officers Compensation Related Other
T H Betz (Executive Director) $199,643 $0 $9,633
Timothy Babin (Board Member) $0 $0 $0
Steve Molnar (Board Member) $0 $0 $0
Vic Lafont (Board Member) $0 $0 $0
Duane J Abadie (Treasurer) $0 $0 $0
Patricia Cary (Board Member) $0 $0 $0
Alcide Tervalon Jr (Board Member) $0 $0 $0
Freddie Elliott (Board Member) $0 $0 $0
Keith A Jarrett Jr (Secretary) $0 $0 $0
Rivers Frederick (President) $0 $0 $0
Lee Cuicchi (Board Member) $0 $0 $0
Warren Dupre (Board Member) $0 $0 $0
Erik D Waters (Board Member) $0 $0 $0
Marlin N Gusman (Board Member) $0 $0 $0
Randy Opotowsky (Vice President) $0 $0 $0
Michael O'hare (Board Member) $0 $0 $0
Tommy Fonseca (Board Member) $0 $0 $0
Graham M Ralston (Board Member) $0 $0 $0
Alicde Tervalon Jr (Board Member) $0 $0 $0
Robert Weileman (Board Member) $0 $0 $0
William Summerour (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$846,531
Expenses
$581,760
Net Income
$264,771
Net Assets
$16,278,600
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,176
2.0%
Program Services $844,276
99.7%
Investment Income $28,618
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$43,539
Notable Expenses Percent of Total Expenses
Executive Compensation $185,186
31.8%
Professional Fundraising Fees $0
Other Salaries and Wages $412,851
71.0%
Assets/Debt
Total Assets $17,252,705
Total Liabilities $974,105
Net Assets $16,278,600

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$810,717
Expenses
$833,721
Net Income
-$23,004
Net Assets
$16,013,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,248
4.1%
Program Services $781,938
96.5%
Investment Income $21,434
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$25,903
Notable Expenses Percent of Total Expenses
Executive Compensation $176,683
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $382,243
45.8%
Assets/Debt
Total Assets $17,053,852
Total Liabilities $1,040,023
Net Assets $16,013,829

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$914,786
Expenses
$901,838
Net Income
$12,948
Net Assets
$16,036,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,772
7.8%
Program Services $826,177
90.3%
Investment Income $14,629
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,208
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $173,314
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $438,677
48.6%
Assets/Debt
Total Assets $16,854,052
Total Liabilities $817,219
Net Assets $16,036,833

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,413,511
Expenses
$1,477,709
Net Income
$9,935,802
Net Assets
$15,690,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $821,772
7.2%
Investment Income $8,231
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,583,508
92.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $164,259
11.1%
Professional Fundraising Fees $0
Other Salaries and Wages $419,164
28.4%
Assets/Debt
Total Assets $15,776,736
Total Liabilities $85,837
Net Assets $15,690,899

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$870,864
Expenses
$803,809
Net Income
$67,055
Net Assets
$5,755,097
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $872,473
> 100%
Investment Income $7,531
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$9,140
Notable Expenses Percent of Total Expenses
Executive Compensation $161,104
20.0%
Professional Fundraising Fees $0
Other Salaries and Wages $404,976
50.4%
Assets/Debt
Total Assets $16,410,690
Total Liabilities $10,655,593
Net Assets $5,755,097

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,130,200
Expenses
$860,814
Net Income
$269,386
Net Assets
$5,688,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $909,618
80.5%
Investment Income $6,686
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $213,896
18.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,389
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $448,116
52.1%
Assets/Debt
Total Assets $16,336,807
Total Liabilities $10,648,765
Net Assets $5,688,042

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$865,236
Expenses
$749,241
Net Income
$115,995
Net Assets
$5,418,656
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $884,451
> 100%
Investment Income $7,498
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$26,713
Notable Expenses Percent of Total Expenses
Executive Compensation $159,168
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $379,599
50.7%
Assets/Debt
Total Assets $16,076,178
Total Liabilities $10,657,522
Net Assets $5,418,656

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$922,527
Expenses
$920,554
Net Income
$1,973
Net Assets
$5,302,661
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $928,037
> 100%
Investment Income $9,285
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$14,795
Notable Expenses Percent of Total Expenses
Executive Compensation $157,378
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $375,682
40.8%
Assets/Debt
Total Assets $15,983,534
Total Liabilities $10,680,873
Net Assets $5,302,661

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$856,941
Expenses
$944,135
Net Income
-$87,194
Net Assets
$5,300,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $869,973
> 100%
Investment Income $12,755
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$25,787
Notable Expenses Percent of Total Expenses
Executive Compensation $152,941
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $372,114
39.4%
Assets/Debt
Total Assets $16,126,663
Total Liabilities $10,825,975
Net Assets $5,300,688

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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