Crescent Affordable Housing Corporation
Public records raise at least one point you should look into before giving.
What it says it does
TO PARTICIPATE IN THE DEVELOPMENT OF HOUSING THAT IS AFFORDABLE TO PERSONS OF LOW AND MODERATE INCOME.
- Income
- $4,183
- Spending
- $23,048
- Spent on programs
- 2%
- Reserves
- -1807.9 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Highest pay
- $103,304, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 35 out of 100. Higher than 5% of charities in its peer group (housing, under $250k).
Independent board
5 of 251 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- SUMMER YOUTH EMPLOYMENT PROGRAM FOR YOUTH AGES 14-21 WAS IMPLEMENTED TO PROVIDE SUMMER EMPLOYMENT OPPORTUNITIES TO RESIDENTS ASSISTED BY THE HOUSING AUTHORITY OF NEW ORLEANS (HANO).THE PROGRAM IS DESIGNED TO PROVIDE YOUTH A POSITIVE AND ENGAGING WORK EXPERIENCE THAT INCLUDES LIFE SKILLS TRAINING WHILE CONNECTING THEM TO COMMUNITY LEADERS, BUSINESS OWNERS AND OTHER STAKEHOLDERS. THE PROGRAM COVERS AN EIGHT-WEEK PERIOD WITH THE WORK WEEK NOT TO EXCEED 25 HOURS. THE PROGRAM EMPLOYS YOUTH WORKING IN AREAS OF INTEREST SUCH AS LAW, MEDICINE, MENTAL AND PHYSICAL HEALTH, NON- PROFIT ORGANIZATIONS SUCH AS BROADMOOR AND CAF RECONCILE AND THE LOCAL HUD OFFICE. THE 14-15 YEAR OLD STUDENTS WERE ALSO ENROLLED IN THE SIX-WEEK MODELS FOR SUCCESS PROGRAM HOSTED AT DILLARD UNIVERSITY. STUDENTS IN THE PROGRAM ARE EXPOSED TO CAREER EXPLORATION AND FINANCIAL LITERACY, HEALTHY LIFESTYLES, CREATIVE WRITING AND THE ARTS, AS WELL AS FOREIGN LANGUAGE. SUMMER YOUTH EMPLOYMENT PROGRAM FOR YOUTH AGES 14-21 WAS IMPLEMENTED TO PROVIDE SUMMER EMPLOYMENT OPPORTUNITIES TO RESIDENTS ASSISTED BY THE HOUSING AUTHORITY OF NEW ORLEANS (HANO).THE PROGRAM IS DESIGNED TO PROVIDE YOUTH A POSITIVE AND ENGAGING WORK EXPERIENCE THAT INCLUDES LIFE SKILLS TRAINING WHILE CONNECTING THEM TO COMMUNITY LEADERS, BUSINESS OWNERS AND OTHER STAKEHOLDERS. THE PROGRAM COVERS AN EIGHT-WEEK PERIOD WITH THE WORK WEEK NOT TO EXCEED 25 HOURS. THE PROGRAM EMPLOYS YOUTH WORKING IN AREAS OF INTEREST SUCH AS LAW, MEDICINE, MENTAL AND PHYSICAL HEALTH, NON- PROFIT ORGANIZATIONS SUCH AS BROADMOOR AND CAF RECONCILE AND THE LOCAL HUD OFFICE. THE 14-15 YEAR OLD STUDENTS WERE ALSO ENROLLED IN THE SIX-WEEK MODELS FOR SUCCESS PROGRAM HOSTED AT DILLARD UNIVERSITY. STUDENTS IN THE PROGRAM ARE EXPOSED TO CAREER EXPLORATION AND FINANCIAL LITERACY, HEALTHY LIFESTYLES, CREATIVE WRITING AND THE ARTS, AS WELL AS FOREIGN LANGUAGE.
- $393 spent. INVESTMENT AS GENERAL PARTNER IN LOW INCOME HOUSING PARTNERSHIP PROJECTS
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Caution.
California's Attorney General lists its registration as revoked as of December 31, 1990. Organizations on this list may not solicit donations in California.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.