Arbac Properties Inc

  • New Orleans, LA
  • Tax exemption issued: Feb. 2022
  • EIN: 85-1690443

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Tax Filings 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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,855
Expenses
$34,603
Net Income
-$25,748
Net Assets
$1,258,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,855
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,258,935
Total Liabilities $0
Net Assets $1,258,935
Compensation
Key Employees and Officers Compensation Related Other
Cynthia A Thomas (President) $0 $156,641 $29,982
Carolyn Favre (Director) $0 $133,489 $29,896
Robert Munch (Director) $0 $0 $0
Danny Douglass (Chair) $0 $0 $0
Jamie G Lassere (Secretary) $0 $120,799 $13,629
Catherine V Thomson (Treasurer) $0 $126,332 $10,169
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Document Links

990
Filed on April 29, 2026

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,000
Expenses
$0
Net Income
$24,000
Net Assets
$1,308,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,308,972
Total Liabilities $0
Net Assets $1,308,972
Compensation
Key Employees and Officers Compensation Related Other
Cynthia A Thomas (President) $0 $156,275 $28,927
Carolyn Favre (Director) $0 $130,650 $29,541
Robert Munch (Director) $0 $0 $0
Danny Douglass (Chair) $0 $0 $0
Jamie G Lassere (Secretary) $0 $113,467 $13,443
Catherine V Thomson (Treasurer) $0 $113,629 $8,375
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Document Links

990
Filed on May 13, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$41,388
Expenses
$76,926
Net Income
-$35,538
Net Assets
$2,191,896
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,588
30.4%
Program Services $28,800
69.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,191,896
Total Liabilities $0
Net Assets $2,191,896
Compensation
Key Employees and Officers Compensation Related Other
Cynthia A Thomas (President) $0 $142,776 $17,281
Carolyn Favre (Director) $0 $124,541 $6,164
Robert Munch (Director) $0 $0 $0
Jamie G Lassere (Secretary) $0 $106,318 $5,303
Catherine V Thomson (Treasurer) $0 $99,817 $5,050
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Document Links

990
Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,283
Expenses
$129,212
Net Income
-$65,929
Net Assets
$2,227,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $68,674
> 100%
Program Services $25,000
39.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$30,391
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,227,434
Total Liabilities $0
Net Assets $2,227,434
Compensation
Key Employees and Officers Compensation Related Other
Cynthia A Thomas (President) $0 $0 $0
Carolyn Favre (Director) $0 $0 $0
Robert Munch (Director) $0 $0 $0
Jamie G Lassere (Secretary) $0 $0 $0
Catherine V Thomson (Treasurer) $0 $0 $0
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Document Links

990
Filed on Dec. 22, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,600
Expenses
$124,136
Net Income
-$108,536
Net Assets
$2,293,363
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,600
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,293,363
Total Liabilities $0
Net Assets $2,293,363
Compensation
Key Employees and Officers Compensation Related Other
Cynthia A Thomas (President) $0 $0 $0
Carolyn Favre (Director) $0 $0 $0
Robert Munch (Director) $0 $0 $0
Jamie G Lassere (Secretary) $0 $0 $0
Catherine V Thomson (Treasurer) $0 $0 $0
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Document Links

990
Filed on Aug. 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

What Is 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 financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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 for 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?

Most organizations that have been recognized as tax exempt by the IRS have to file the 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 the 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," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

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 Employer Identification Numbers 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.
  • 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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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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