LEADERS FOR A BETTER LOUISIANA INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LEADERS FOR A BETTER LOUISIANA INC (EIN 72-1223265)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-02-19
IRS object ID
202440509349301354
Schema version
2023v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-19T18:56:13-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721462261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAMES LAMBERT RIGGS & ASSOCIATES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 E THOMAS STAddressLine1Txt
CityHAMMONDCityNm
State AbbreviationLAStateAbbreviationCd
ZIP704013319ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN721223265EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMITTEE OF 100 FOR ECONOMICBusinessNameLine1Txt
Business Name Line2DEVELOPMENT INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCOMMBusinessNameControlTxt
Phone2253460073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1546AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70821ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonADAM KNAPPPersonNm
Person TitleCEOPersonTitleTxt
Phone2253460073PhoneNum
Signature2024-01-31SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstADAMPersonFirstNm
Person LastKNAPPPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN B EHRICHT CPAPreparerPersonNm
PTINP00959833PTIN
Phone9853456262PhoneNum
Preparation2024-01-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerADAM KNAPPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1546AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70821ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$673,146GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressC100LA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO PROMOTE THE GROWTH OF INDUSTRY AND EMPLOYMENT OPPORTUNITIES IN LOUISIANA BY PROMOTING LOUISIANA TO OUT OF STATE INDUSTRIES AND TO HELP FACILITATE THE EXPANSION OF BUSINESS CURRENTLY OPERATING IN THE STATE AND EXPAND THE WORKFORCE OPPORTUNITIESActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$810,154PYContributionsGrantsAmt
CY Contributions Grants$576,711CYContributionsGrantsAmt
PY Program Service Revenue$130,593PYProgramServiceRevenueAmt
CY Program Service Revenue$96,435CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$940,747PYTotalRevenueAmt
CY Total Revenue$673,146CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$434,680PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$498,995CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$203,968PYOtherExpensesAmt
CY Other Expenses$227,329CYOtherExpensesAmt
PY Total Expenses$638,648PYTotalExpensesAmt
CY Total Expenses$726,324CYTotalExpensesAmt
PY Revenues Less Expenses$302,099PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$53,178CYRevenuesLessExpensesAmt
Total Assets BOY$625,972TotalAssetsBOYAmt
Total Assets EOY$561,207TotalAssetsEOYAmt
Total Liabilities BOY$21,534TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,947TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$604,438NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$551,260NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE THE GROWTH OF INDUSTRY AND EMPLOYMENT OPPORTUNITIES IN LOUISIANA BY PROMOTING LOUISIANA TO OUT OF STATE INDUSTRIES AND TO HELP FACILITATE THE EXPANSION OF BUSINESS CURRENTLY OPERATING IN THE STATE AND EXPAND THE WORKFORCE OPPORTUNITIESMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$462,532ExpenseAmt
Revenue$96,435RevenueAmt
DescBUSINESS RECRUITMENT FOR THE STATE OF LOUISIANA. BUSINESS RECRUITMENT IS FOCUSED ON BOTH BUSINESS OUTSIDE LOUISIANA WHO WISH TO DO BUSINESS IN THE STATE AS WELL AS FOSTERING NEW AND EXPANDING BUSINESSES THAT ALREADY HAVE A PRESENCE IN LOUISIANA.Desc
Total Program Service Expenses$462,532TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonADAM KNAPPPersonNm
Phone2253460073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1546AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70821ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MICHEAL OLIVER
FORMER CEO40.00Yes (X)$300,000$0$0
ADAM KNAPP
CEO40.00$48,500$0$0Yes (X)
SCOTT BALLARD
TREASURER$0$0$0Yes (X)
WAYNE BROWN
CHAIR$0$0$0Yes (X)
TOM CLARK
DIRECTOR$0$0$0Yes (X)
RODNEY GREENUP
DIRECTOR$0$0$0Yes (X)
TROTT HUNT
DIRECTOR$0$0$0Yes (X)
CARLTON GOLDEN JR
DIRECTOR$0$0$0Yes (X)
KRIS KIRKPATRICK
DIRECTOR$0$0$0Yes (X)
KELLEN MATTHEWS
DIRECTOR$0$0$0Yes (X)
PHILIP MAY
DIRECTOR$0$0$0Yes (X)
JUDE MELVILLE
DIRECTOR$0$0$0Yes (X)
PHILIP ROZEMAN
VICE CHAIR$0$0$0Yes (X)
JULIE STOKES
DIRECTOR$0$0$0Yes (X)
GRAY STREAM
DIRECTOR$0$0$0Yes (X)
TIM TEMPLE
PAST CHAIR$0$0$0Yes (X)
MARY LEACH WERNER
DIRECTOR$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$348,500TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$511,800MembershipDuesAmt
All Other Contributions$64,911AllOtherContributionsAmt
Total Contributions$576,711TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEETINGSDesc
Business541900BusinessCd
Total Revenue Column$96,435TotalRevenueColumnAmt
Related Or Exempt Func Income$96,435RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$96,435TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$673,146TotalRevenueColumnAmt
Related Or Exempt Func Income$96,435RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$48,500TotalAmt
Program Services$40,000ProgramServicesAmt
Management And General$8,500ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$300,000TotalAmt
Program Services$200,000ProgramServicesAmt
Management And General$100,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$73,331TotalAmt
Management And General$73,331ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,297TotalAmt
Program Services$14,297ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$39,244TotalAmt
Program Services$39,244ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$23,623TotalAmt
Program Services$17,717ProgramServicesAmt
Management And General$5,906ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,388TotalAmt
Management And General$16,388ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,702TotalAmt
Program Services$4,702ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,240TotalAmt
Management And General$2,240ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,092TotalAmt
Program Services$16,092ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,499TotalAmt
Program Services$6,499ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EVENT EXPENSES$59,067$59,067
CEO SEARCH EXPENSE$44,892$44,892
SPONSORSHIPS$26,912$26,912
OFFICE EXPENSE$21,319$21,319

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$29,218TotalAmt
Program Services$16,683ProgramServicesAmt
Management And General$12,535ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$726,324TotalAmt
Program Services$462,532ProgramServicesAmt
Management And General$263,792ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$620,972BOYAmt
EOY$556,207EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$5,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$625,972BOYAmt
EOY$561,207EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,534BOYAmt
EOY$9,947EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,534BOYAmt
EOY$9,947EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$604,438BOYAmt
EOY$551,260EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$604,438BOYAmt
EOY$551,260EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$625,972BOYAmt
EOY$561,207EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$53,178ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHEAL OLIVERPersonNm
TitleFORMER CEOTitleTxt
Base Compensation Filing Org$300,000BaseCompensationFilingOrgAmt
Total Compensation Filing Org$300,000TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO PROMOTE THE GROWTH OF INDUSTRY AND EMPLOYMENT OPPORTUNITIES IN LOUISIANA BY PROMOTING LOUISIANA TO OUT OF STATE INDUSTRIES AND TO HELP FACILITATE THE EXPANSION OF BUSINESS CURRENTLY OPERATING IN THE STATE AND EXPAND THE WORKFORCE OPPORTUNITIES
FORM 990, PAGE 6, PART VI, LINE 6THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7ATHE MEMBERS ELECT THE GOVERNING BODY
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS REVEIEWED AND APPROVED BY THE CEO
FORM 990, PAGE 6, PART VI, LINE 15ACEO COMPENSATION IS REVEIWED ANNUALLY BY THE BOARD OF DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 19MADE UPON REQUEST WITHIN 72 HOURS OF REQUEST
FORM 990, PART XI, LINE 9PRIOR PERIOD ADJUSTMENT 0

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