Gulf Coast Housing Partnership
Legal name: Gulf Coast Housing Partnership Inc
Nonprofit profile at a glance
- EIN
- 204216595
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New Orleans, LA, United States
- Phone
- (504) 525-2505
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $32,351,359
- Expenses
- $43,093,136
- Assets
- $536,050,452
- Liabilities
- $270,215,970
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KATHLEEN LABORDE (PRESIDENT AND CEO)
People named in this filing
- TOM BLEDSOE (DIRECTOR)
- REVEREND WILLIE GABLE JR (DIRECTOR)
- HELEN WERBY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Gulf Coast Housing Partnership (GCHP) was formed in 2006 to provide the Gulf Coast region with real estate development and financial expertise to produce affordable housing; its work aims to create healthy, safe, economically and culturally diverse and vibrant communities. Gulf Coast Housing Partnership (GCHP), a 501(c)3 nonprofit, was formed in 2006 to provide the Gulf Coast region with real estate development and financial expertise to produce affordable housing. GCHP pursues residential and commercial developments with transformative potential. GCHP’s innovative “production in partnership” model is designed to lend capacity to for-profit and nonprofit developers, neighborhood-based organizations, and government agencies seeking to create essential service facilities, mixed-use and commercial real estate, and affordable housing that results in healthy, safe, economically, and...
What it reported doing in 2024
As of 2024, gulf coast housing partnership, inc. Delivered more than 4,560 units including rental and supportive housing- and 22 commercial or community facilities, with 218 units under construction and 2974 under property management during 2024. 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.
Operating model
- Revenue model
- Other-operating. 62% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 86
- Accountability: 100
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -33.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 12.44; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 24.2% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 88th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $43.1M in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 149 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 28/100.