2016-10-25T15:16:09-05:00 2015-12-31 720870824 WEGMANN DAZET & COMPANY APC 111 VETERANS BLVD SUITE 800 METAIRIE LA 70005 990 2015-01-01 262189665 THE ST BERNARD PROJECT INC STBE 5042776831 2645 TOULOUSE STREET NEW ORLEANS LA 70119 ZACK ROSENBURG CHIEF EXECUTIVE OFFICER 5042776831 2016-09-26 1 KERNEY F CRAFT JR P00623103 5048378844 2015 2017-02-10 21:41:12Z X ZACK ROSENBURG 2645 TOULOUSE STREET NEW ORLEANS LA 70119 19453146 0 X WWW.STBERNARDPROJECT.ORG X 2008 LA CREATE HOUSING OPPORTUNITIES SO THAT DISASTER SURVIVORS CAN RETURN TO THEIR HOMES AND COMMUNITIES. 13 12 259 14019 0 0 16516611 15880963 3366999 2084729 0 -35011 129031 363607 20012641 18294288 0 200000 0 0 3325456 2803448 0 0 289330 13832945 11114581 17158401 14118029 2854240 4176259 7844746 15799118 1187840 4965953 6656906 10833165 X TO ENSURE THAT DISASTER-IMPACTED COMMUNITIES RECOVER IN A PROMPT, EFFICIENT AND PREDICTABLE WAY. 0 0 8715567 200000 2084729 REBUILDING PROGRAM - REBUILD HOMES FOR SENIOR CITIZENS, PEOPLE WITH DISABILITIES AND FAMILIES WITH CHILDREN WHO CANNOT AFFORD TO HAVE THEIR HOMES REBUILT BY CONTRACTORS. THE ORGANIZATION HAS CURRENTLY REBUILT APPROXIMATELY 1050 HOMES. 939741 OPPORTUNITY HOUSING - CREATE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR RESIDENTS TARGETED BETWEEN 50% AND 80%, BUT UP TO 120%, OF ANNUAL MEDIAN INCOME, WHILE REHABILITATING BLIGHTED PROPERTIES AND STRENGTHENING NEIGHBORHOODS. 481846 DIASTER RECOVERY LAB - ENSURE THAT DISASTER-IMPACTED CITIZENS AND COMMUNITIES RECOVER IN A PROMPT, EFFICIENT AND PREDICTABLE MANNER. THROUGH DISASTER RECOVERY LAB, ST. BERNARD PROJECT WORKS TO SHARE LESSONS LEARNED, PREVENT COMMON BARRIERS TO RECOVERY AND HELP COMMUNITIES UTILIZE ST. BERNARD PROJECT'S STANDARDIZED, REPEATABLE AND PROVEN-EFFECTIVE MODEL FOR RECOVERY. 6156 REBUILD JOPLIN - WORK DILIGENTLY TO REBUILD HOMES IN JOPLIN, MISSOURI WHERE AN ESTIMATED 7,500 HOMES WERE DAMAGED BY THE EF5 TORNADO THAT HIT IN MAY 2011. 1948175 REBUILD NEW YORK - WORK DILIGENTLY TO REBUILD HOMES IN NEW YORK AND NEW JERSEY THAT WERE DAMANGED BY HURRICANE SANDY IN 2011. ST. BERNARD PROJECT AND AFFILIATES SERVE LOW - TO MODERATE - INCOME RESIDENTS, WITH A SPECIAL FOCUS ON FAMILIES WITH SMALL CHILDREN, THE ELDERLY, DISABLED PERSONS, WAR VETERANS, AND UNDER- AND UNINSURED PERSONS. 6936 VETERANS PROGRAM - FOCUSED ON ADDRESSING THREE PROBLEMS: HIGH UNEMPLOYMENT RATE AMONG MEN AND WOMEN WHO HAVE SERVED OUR COUNTRY; AFFORDABLE HOUSING CRISIS AND HIGH INSTANCE OF BLIGHTED AND VACANT PROPERTIES IN THE NEW ORLEANS AREA. 1961267 12098421 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 49 0 1 259 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 LA X X DON MEAZELL 5042776831 2645 TOULOUSE STREET NEW ORLEANS LA 70119 ZACK ROSENBURG CHEIF EXECUTIVE OFFICER 40.00 X X 188762 0 1238 JACQUELINE ALEXANDER JD BOARD SECRETARY 1.00 X X 0 0 0 JOHN SOLON CPA BOARD CHAIR 1.00 X X 0 0 0 RANDY CHERKAS BOARD MEMBER 1.00 X 0 0 0 JERRY MATTES BOARD MEMBER 1.00 X 0 0 0 MARY JONES BOARD MEMBER 1.00 X 0 0 0 ELIE KHOURY BOARD MEMBER 1.00 X 0 0 0 TREVOR COLHOUN BOARD MEMBER 1.00 X 0 0 0 COURTENAY LAROCHE BOARD MEMBER 1.00 X 0 0 0 M CLELAND POWELL III BOARD MEMBER 1.00 X 0 0 0 LATONDRA NEWTON BOARD MEMBER 1.00 X 0 0 0 FRANCIS BOUCHARD BOARD MEMBER 1.00 X 0 0 0 PETER FORLENZA BOARD MEMBER 1.00 X 0 0 0 ELIZABETH MCCARTNEY DIRECTOR OF CLIENT SERVICE 40.00 X 95012 0 1238 SUTTON HIBBERT CHIEF FINANCIAL OFFICER 40.00 X 108333 0 0 392107 0 2476 2 0 1 0 0 3386803 12494160 15880963 SALE OF PROPERTY 531390 1023000 1023000 HOMEOWNER FUNDING 531390 794142 794142 PROPERTY MANAGEMENT FEES 531390 267587 267587 2084729 1123847 1158858 -35011 -35011 -35011 OTHER INCOME 448000 263264 263264 VENDOR INCENTIVES 900099 100343 100343 363607 18294288 2448336 0 -35011 200000 200000 392107 227787 137018 27302 2182973 1268156 762818 151999 228368 145437 69644 13287 285206 36518 247540 1148 118 118 69113 2340 49290 17483 16886 16886 131647 34677 96970 238729 126500 102539 9690 11416 2221 9195 53622 43282 10340 61321 7946 53375 966458 884777 81121 560 CONSTRUCTION 4989897 4989897 IN-KIND LABOR 3997042 3997042 LICENSES AND PERMITS 132968 101501 30451 1016 BAD DEBT 81657 22982 58675 78501 7358 4298 66845 14118029 12098421 1730278 289330 1696555 2854360 1002312 946027 165444 325516 2907933 7656114 175868 296274 701272 130622 190929 570650 33320 27721 1672385 3122456 7844746 15799118 417677 781527 125000 3460479 645163 723947 1187840 4965953 X 5073757 8499965 1583149 2333200 6656906 10833165 7844746 15799118 4176259 0 X X 0 1 X 1 1 1 X 10185247 9939895 12824667 16516611 15880963 65347383 10185247 9939895 12824667 16516611 15880963 65347383 1445902 63901481 32898 39702 158695 129031 363607 723933 66071316 8168424 0.96720 0.98450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 701272 130622 570650 570650 DEPOSITS 1975 REAL ESTATE HELD FOR SALE 1768105 REAL ESTATE HELD FOR RENTAL 723588 DUE FROM SBP REAL ESTATE 628788 3122456 LINE OF CREDIT 251088 DUE TO SBP REAL ESTATE, INC. 471392 DUE TO TOULOUSE COMMERCIAL, INC. 1467 723947 X 18329299 0 18329299 -35011 -35011 18294288 14153040 0 14153040 -35011 -35011 14118029 PART X, LINE 2: THE ORGANIZATION ADOPTED THE PROVISIONS OF ASC 740, INCOME TAXES. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE FILING OF THOSE RETURNS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -35,011. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -35,011. 1 TOULOUSE COMMERCIAL INC 2645 TOULOUSE STREET NEW ORLEANS LA 70119 320463838 501(C)(3) 200000 TO CREATE HOUSING OPPORTUNITIES SO THAT DISASTER SURVIVORS CAN RETURN TO THEIR HOMES AND COMMUNITIES 1 X X 0 0 0 0 0 0 0 0 0 ZACK ROSENBURG CHEIF EXECUTIVE OFFICER 188762 0 0 0 0 0 0 0 1238 0 190000 0 0 0 X 1 502513 FAIR VALUE X 1 1080000 FAIR VALUE 0 0 0 PART I, COLUMN (B): IN PART 1, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS OF EACH TYPE OF PROPERTY LISTED RECEIVED DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE BOARD MEMBERS. THE BOARD MEMBERS HAVE SUFFICIENT TIME TO REVIEW AND ENTER FEEDBACK. IF THE FORM 990 IS REVISED, A FINAL COPY IS SENT TO THE BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND REPORT ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD REVIEWS ANY REPORTS OF POTENTIAL CONFLICTS AND DECIDES ON APPROPRIATE CORRECTIVE MEASURES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIRMAN UTILIZED CHARITY NAVIGATOR TO COMPARE CEO AND OFFICER COMPENSATION AMONG ORGANIZATIONS MOST CLOSELY RESEMBLING THE ST. BERNARD PROJECT. A COMPARATIVE COMPENSATION REPORT ALONG WITH A TARGET SALARY WAS PRESENTED TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HELD A MEETING, CONSIDERED THE INFORMATION AND RECENT PERFORMANCE TO DECIDE UPON THE APPROPRIATE AMOUNT OF COMPENSATION FOR THE CEO AND OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. A COPY OF THE FINANCIAL STATEMENTS CAN BE FOUND ON THE ORGANIZATION'S WEBSITE AT WWW.STBERNARDPROJECT.ORG. FORM 990, PART XII, LINE 2C: THE PROCESS USED BY THE COMMITTEE THAT ASSUMES OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR. TOULOUSE COMMERCIAL INC 2645 TOULOUSE STREET NEW ORLEANS LA 70119 320463838 CREATE HOUSING OPPORTUNITIES SO THAT DISASTER SURVIVORS CAN RETURN HOME. LA 501(C)(3) LINE 11A, I THE ST BERNARD PROJECT INC 1 SBP REAL ESTATE INC 2645 TOULOUSE STREET NEW ORLEANS LA 70119 464273745 CREATE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME RESIDENTS. LA 501(C)(3) LINE 7 N/A 0 0 1 1 1 1 0 1 1 0 0 0 1 0 1 1 1 1 0 0 TOULOUSE COMMERCIAL INC B 200000 FMV TOULOUSE COMMERCIAL INC D 7000000 FMV TOULOUSE COMMERCIAL INC E 1467 FMV TOULOUSE COMMERCIAL INC G 1080000 FMV TOULOUSE COMMERCIAL INC L 213214 FMV