2024-07-10T10:03:48-05:00 2023-12-31 720464428 HAWTHORN WAYMOUTH & CARROLL LLP 8545 UNITED PLAZA BLVD - NO 200 BATON ROUGE LA 708099982 990 2023-01-01 720780313 LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY LOUI 2259285388 500 MAIN STREET BATON ROUGE LA 70801 WILL GREEN PRESIDENT 2259285388 2024-07-10 1 WILL GREEN 999009999 0 CHARLES R PEVEY P00103577 2259233000 2024-07-10 X 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z WILL GREEN 500 MAIN STREET BATON ROUGE LA 70801 3188630 0 X WWW.LABI.ORG X 1975 LA TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA 97 97 19 556 173441 0 673769 350000 2008511 1813617 307061 157321 861765 867692 3851106 3188630 0 0 0 0 2494163 2109525 0 0 0 1150869 1219687 3645032 3329212 206074 -140582 8107345 7902411 366783 180803 7740562 7721608 TO FOSTER A CLIMATE FOR ECONOMIC GROWTH BY CHAMPIONING THE PRINCIPLES OF THE FREE ENTERPRISE SYSTEM AND BY REPRESENTING THE GENERAL INTERESTS OF THE BUSINESS COMMUNITY THROUGH THE ACTIVE INVOLVEMENT IN THE POLITICAL, LEGISLATIVE, JUDICIAL, AND REGULATORY PROCESSES 0 0 ISSUE COUNCILS, RESEARCH AND PROGRAMS OF ACTION - LABI IS AN ORGANIZATION DESIGNED TO ENSURE STRONG ECONOMIC GROWTH, EXPANSION OF JOB OPPORTUNITIES IN LOUISIANA AND ENSURE POLITICAL BALANCE IN GOVERNMENT BETWEEN BUSINESS, LABOR AND OTHER GROUPS OF INFLUENCE. 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 26 0 1 19 1 1 1 0 0 0 1 1 0 0 0 X 97 97 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2259285388 500 MAIN STREET BATON ROUGE LA 70801 TIM STINE DIRECTOR 1.00 X 0 0 0 TERRY BAUGH DIRECTOR 1.00 X 0 0 0 TOM O'NEAL DIRECTOR 1.00 X 0 0 0 ART FARVE DIRECTOR 1.00 X 0 0 0 ROBERT ANGELICO DIRECTOR 1.00 X 0 0 0 JOE ARROYO DIRECTOR 1.00 X 0 0 0 DAVID AUBREY DIRECTOR 1.00 X 0 0 0 SCOTT BALLARD TREASURER 1.00 X X 0 0 0 BOBBY BAROUSSE DIRECTOR 1.00 X 0 0 0 ANDREE BEGNEAUD DIRECTOR 1.00 X 0 0 0 CAMILLE IVY-O'DONNELL BENTIN DIRECTOR 1.00 X 0 0 0 MELISSA BORDELON DIRECTOR 1.00 X 0 0 0 AYRES BRADFORD DIRECTOR 1.00 X 0 0 0 JESSICA BREAUX DIRECTOR 1.00 X 0 0 0 DAN BROUILLETTE DIRECTOR 1.00 X 0 0 0 TEE BROWN DIRECTOR 1.00 X 0 0 0 JH CAMPBELL DIRECTOR 1.00 X 0 0 0 KIM CARVER DIRECTOR 1.00 X 0 0 0 DAVID CAVELL DIRECTOR 1.00 X 0 0 0 BLAKE CHATELAIN DIRECTOR 1.00 X 0 0 0 CAMILLE CONAWAY DIRECTOR 1.00 X 0 0 0 ANDREW CONNOLLY DIRECTOR 1.00 X 0 0 0 EMILE CORDARO DIRECTOR 1.00 X 0 0 0 TOM COX SECRETARY 1.00 X X 0 0 0 KIM CUSIMANO DIRECTOR 1.00 X 0 0 0 CHARLES DABADIE DIRECTOR 1.00 X 0 0 0 NICOLE DAIGLE DIRECTOR 1.00 X 0 0 0 ERIC DANOS DIRECTOR 1.00 X 0 0 0 JASON DECUIR VICE CHAIRMAN 1.00 X X 0 0 0 JOHN DOGGETT DIRECTOR 1.00 X 0 0 0 JOHN DONAHUE DIRECTOR 1.00 X 0 0 0 ARTHUR DUPRE DIRECTOR 1.00 X 0 0 0 MICHAEL EASON DIRECTOR 1.00 X 0 0 0 MERYL KENNEDY FARR DIRECTOR 1.00 X 0 0 0 TOMMY FAUCHEUX DIRECTOR 1.00 X 0 0 0 WILLIAM FENSTERMAKER DIRECTOR 1.00 X 0 0 0 LAURA FERRELL DIRECTOR 1.00 X 0 0 0 RICK FLICK DIRECTOR 1.00 X 0 0 0 DAVID GAINES DIRECTOR 1.00 X 0 0 0 RYAN GIROUARD DIRECTOR 1.00 X 0 0 0 TYLER GRAY DIRECTOR 1.00 X 0 0 0 LANE GRIGSBY DIRECTOR 1.00 X 0 0 0 GEORGE H GUIDRY JR DIRECTOR 1.00 X 0 0 0 RICHARD GUILLORY DIRECTOR 1.00 X 0 0 0 MIKE HALL DIRECTOR 1.00 X 0 0 0 BRYAN HANKS DIRECTOR 1.00 X 0 0 0 CHRIS HASKEW DIRECTOR 1.00 X 0 0 0 ANDY HUGGINS SR DIRECTOR 1.00 X 0 0 0 DAVID HUVAL DIRECTOR 1.00 X 0 0 0 BRYAN JONES DIRECTOR 1.00 X 0 0 0 STEVE JORDAN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KINSEY DIRECTOR 1.00 X 0 0 0 MANARD LAGASSE DIRECTOR 1.00 X 0 0 0 RAYMOND LASSEIGNE DIRECTOR 1.00 X 0 0 0 JASON LATIOLAIS DIRECTOR 1.00 X 0 0 0 TANDRA LEMAY DIRECTOR 1.00 X 0 0 0 MATTHEW MANN DIRECTOR 1.00 X 0 0 0 MELISSA MANN DIRECTOR 1.00 X 0 0 0 JUDE MELVILLE CHAIRMAN 1.00 X X 0 0 0 PATRICK MOCKLER DIRECTOR 1.00 X 0 0 0 JODY MONTELARO DIRECTOR 1.00 X 0 0 0 FRANK NEUNER DIRECTOR 1.00 X 0 0 0 MICHAEL NICAUD DIRECTOR 1.00 X 0 0 0 JOHN OVERTON DIRECTOR 1.00 X 0 0 0 FEDERICK PALMER DIRECTOR 1.00 X 0 0 0 AJAY PATEL DIRECTOR 1.00 X 0 0 0 TODD PERRY DIRECTOR 1.00 X 0 0 0 SCOTT POOLE DIRECTOR 1.00 X 0 0 0 E FREDERICK PREIS JR DIRECTOR 1.00 X 0 0 0 ARTHUR PRICE DIRECTOR 1.00 X 0 0 0 SCOTT RAINWATER DIRECTOR 1.00 X 0 0 0 KENNETH ROSS DIRECTOR 1.00 X 0 0 0 PHILLIP ROZEMAN DIRECTOR 1.00 X 0 0 0 MATT SAURAGE DIRECTOR 1.00 X 0 0 0 NATHALIE SIMON DIRECTOR 1.00 X 0 0 0 CHRISTEL SLAUGHTER IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 CHUCK SPICER DIRECTOR 1.00 X 0 0 0 BO STAPLES DIRECTOR 1.00 X 0 0 0 CRAIG STEVENS DIRECTOR 1.00 X 0 0 0 DANA STUMPF DIRECTOR 1.00 X 0 0 0 DREW TESSIER DIRECTOR 1.00 X 0 0 0 STEPHEN TOUPS DIRECTOR 1.00 X 0 0 0 KELLI TROUTMAN DIRECTOR 1.00 X 0 0 0 DR STEVE UDVARHELYI DIRECTOR 1.00 X 0 0 0 MICHAEL UFFMAN DIRECTOR 1.00 X 0 0 0 SHAWN USHER DIRECTOR 1.00 X 0 0 0 ORIC WALKER DIRECTOR 1.00 X 0 0 0 KRISTEN WALL DIRECTOR 1.00 X 0 0 0 ROBERT WEBB DIRECTOR 1.00 X 0 0 0 JOSEPH ZANCO DIRECTOR 1.00 X 0 0 0 WAYNE FONTANA DIRECTOR 1.00 X 0 0 0 BOB BARTON DIRECTOR 1.00 X 0 0 0 LAUREN GIBBS DIRECTOR 1.00 X 0 0 0 WILL GREEN PRESIDENT 40.00 X X 66451 0 0 STEPHEN WAGUESPACK PRESIDENT 40.00 X 126008 0 40153 WANDA ALLPHIN VICE PRESIDENT, FINANCE 40.00 X 126058 0 24185 JAMES PATTERSON SENIOR VICE PRESIDENT 40.00 X 158857 0 16408 ASHLEY GORDON SENIOR VICE PRESIDENT 40.00 X 111281 0 29083 ELENA LACOUR VICE PRESIDENT, MEMBER RELATIONS 40.00 X 111887 0 16000 LAUREN HADDEN VICE PRESIDENT, GENERAL COUNSEL 40.00 X 133773 0 4947 ANDREE MILLER DIRECTOR OF I/T 40.00 X 140542 0 865 974857 0 131641 7 0 1 0 0 300000 50000 350000 MEMBERSHIP DUES 900099 1349050 1349050 CONFERENCES & SEMINARS 611430 464567 464567 1813617 157321 157321 ADMINISTRATIVE REIMBUR 561000 479975 479975 MAGAZINE REVENUE 323100 173441 173441 SPONSORSHIP INCOME 900099 15000 15000 199276 199276 867692 3188630 2507868 173441 157321 558119 1276548 60875 89224 124759 11500 1023 279664 69744 40164 47023 270797 10071 238888 42215 MISCELLANEOUS 71306 CONSULTING 70052 REPAIRS AND MAINTENANCE 49322 DUES 17918 3329212 123767 141164 3237 2140 1221 43940 7517009 929778 6822985 6587231 820283 700444 335852 427492 8107345 7902411 59517 75537 307266 105266 366783 180803 X 7740562 7721608 7740562 7721608 8107345 7902411 -140582 121628 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1349050 262761 262761 269810 -7049 900000 900000 6050682 644494 5406188 566327 285284 281043 6587231 INVESTMENT IN LABI SERVICE CORPORAT 427492 C 427492 X PART X, LINE 2: LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (LABI) HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. LABI SERVICE CORPORATION, ITS WHOLLY OWNED SUBSIDIARY, IS TAXED AS A CORPORATION. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. IF THE COMPANY WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF AS WELL AS OTHER FACTORS. X 1 1 X X X 0 0 0 JAMES PATTERSON SENIOR VICE PRESIDENT 158857 0 0 0 0 0 8048 0 8360 0 175265 0 0 0 STEPHEN WAGUESPACK PRESIDENT 126008 0 0 0 0 0 6364 0 33789 0 166161 0 0 0 WANDA ALLPHIN VICE PRESIDENT, FINANCE 126058 0 0 0 0 0 6834 0 17351 0 150243 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LABI IS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS WHICH ALL HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF LABI ARE ALLOWED TO VOTE IN THE ELECTION OF MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE AMENDED AT ANY MEETING OF THE CORPORATION BY A MAJORITY VOTE OF THE MEMBERS PRESENT OR REPRESENTED BY PROXY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT AND VICE-PRESIDENT OF FINANCE OF THE ORGANIZATION BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT ALL BOARD MEMBERS AND EMPLOYEES DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THEIR IMMEDIATE MANAGER, THE LABI PRESIDENT, OR THE LABI CHAIRMAN OF THE BOARD FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A VOLUNTEER PERSONNEL COMMITTEE APPOINTED BY THE CHAIRMAN OF THE BOARD. THIS COMMITTEE MAKES RECOMMENDATIONS FOR THE COMPENSATION CHANGES TO THE PRESIDENT'S COMPENSATION FOR VOTE BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. ADDITIONALLY, THE PERSONNEL COMMITTEE MAKES RECOMMENDATIONS FOR BUDGETED EMPLOYEE COMPENSATION AND BENEFITS ANNUALLY TO THE EXECUTIVE BOARD FOR APPROVAL. THE PERSONNEL COMMITTEE ALSO REVIEWS MATERIAL CHANGES IN ALL COMPENSATION AND BENEFIT MATTERS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 1: THE ORGANIZATION PREPARES ITS FINANCIAL STATEMENTS ON THE MODIFIED CASH BASIS OF ACCOUNTING WHEREBY REVENUES AND RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED, AND EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. THE ORGANIZATION RECOGNIZED DEPRECIATION EXPENSE ON A STRAIGHT-LINE BASIS OVER THE LIFE OF THE RELATED ASSET. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEARS. EASTPAC 500 MAIN STREET BATON ROUGE LA 70801 721133851 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 WESTPAC 500 MAIN STREET BATON ROUGE LA 70801 721133848 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 NORTHPAC 500 MAIN STREET BATON ROUGE LA 70801 721133849 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 SOUTHPAC 500 MAIN STREET BATON ROUGE LA 70801 721133846 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 LABI FOUNDATION 500 MAIN STREET BATON ROUGE LA 70801 464858854 TO PARTNER WITH BUSINESS LEADERS TO MAXIMIZE LOUISIANA'S ECONOMIC POTENTIAL LA 501(C)(3) N/A 0 LABI SERVICE CORPORATION 500 MAIN STREET BATON ROUGE LA 70801 721021893 PUBLICATIONS,SEMINARS, & SPONSORS A GROUP HEALTH INS PROGRAM LA LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY C 216640 428916 1.00000 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 LABI SERVICE CORPORATION Q 479975 ACTUAL CASH RECEIVED LABI SERVICE CORPORATION F 125000 ACTUAL CASH RECEIVED (DIVIDEND) LABI SERVICE CORPORATION D 1324 ACTUAL CASH LOANED LABI FOUNDATION C 300000 ACTUAL CASH RECEIVED LABI FOUNDATION E 27520 ACTUAL CASH RECEIVED NORTHPAC D 9652 ACTUAL CASH DISBURSED SOUTHPAC D 10220 ACTUAL CASH DISBURSED EASTPAC D 10547 ACTUAL CASH DISBURSED WESTPAC D 9652 ACTUAL CASH DISBURSED