LEADERS FOR A BETTER LOUISIANA INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LEADERS FOR A BETTER LOUISIANA INC (EIN 72-1223265)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-02-12
IRS object ID
202110439349301011
Schema version
2020v4.0
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)
Return2021-02-12T09:23:40-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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)
PersonMICHEAL OLIVERPersonNm
Person TitleCEOPersonTitleTxt
Phone2253460073PhoneNum
Signature2021-02-15SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHEALPersonFirstNm
Person LastOLIVERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN B EHRICHT CPAPreparerPersonNm
PTINP00959833PTIN
Phone9853456262PhoneNum
Preparation2021-01-28PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHEAL OLIVERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1546AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70821ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$721,776GrossReceiptsAmt
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 Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$555,290PYContributionsGrantsAmt
CY Contributions Grants$679,100CYContributionsGrantsAmt
PY Program Service Revenue$54,505PYProgramServiceRevenueAmt
CY Program Service Revenue$42,676CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$609,795PYTotalRevenueAmt
CY Total Revenue$721,776CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$355,167PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$362,009CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$216,802PYOtherExpensesAmt
CY Other Expenses$173,238CYOtherExpensesAmt
PY Total Expenses$571,969PYTotalExpensesAmt
CY Total Expenses$535,247CYTotalExpensesAmt
PY Revenues Less Expenses$37,826PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$186,529CYRevenuesLessExpensesAmt
Total Assets BOY$105,614TotalAssetsBOYAmt
Total Assets EOY$219,604TotalAssetsEOYAmt
Total Liabilities BOY$77,028TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,699TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$28,586NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$209,905NetAssetsOrFundBalancesEOYAmt
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$404,893ExpenseAmt
Revenue$42,676RevenueAmt
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$404,893TotalProgramServiceExpensesAmt
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 Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee2EmployeeCnt
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 Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
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 BodyYes (true)Form990ProvidedToGvrnBodyInd
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)
PersonMICHEAL OLIVERPersonNm
Phone2253460073PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MICHEAL OLIVER
CEO40.00Yes (X)$275,320$0$0
ELLIOTT BOUILLION
DIRECTOR$0$0$0Yes (X)
SUE BRIGNAC
DIRECTOR$0$0$0Yes (X)
WAYNE BROWN
DIRECTOR$0$0$0Yes (X)
TOM CLARK
PAST CHAIRMA$0$0$0Yes (X)
RANDY EWING
DIRECTOR$0$0$0Yes (X)
TOM HAWKINS
DIRECTOR$0$0$0Yes (X)
KRIS KIRKPATRICK
DIRECTOR$0$0$0Yes (X)
MIKE MADISON
DIRECTOR$0$0$0Yes (X)
PHILIP MAY
DIRECTOR$0$0$0Yes (X)
SONIA PEREZ
CHAIRMAN$0$0$0Yes (X)
PHILIP ROZEMAN
DIRECTOR$0$0$0Yes (X)
GRAY STREAM
VICE CHAIRMA$0$0$0Yes (X)
TIM TEMPLE
SECRETARY$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$275,320TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$634,100MembershipDuesAmt
All Other Contributions$45,000AllOtherContributionsAmt
Total Contributions$679,100TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAMS AND EVENTSDesc
Business541900BusinessCd
Total Revenue Column$42,676TotalRevenueColumnAmt
Related Or Exempt Func Income$42,676RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$42,676TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$721,776TotalRevenueColumnAmt
Related Or Exempt Func Income$42,676RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$275,320TotalAmt
Program Services$275,320ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$45,501TotalAmt
Management And General$45,501ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,250TotalAmt
Program Services$8,250ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,580TotalAmt
Program Services$15,580ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,358TotalAmt
Program Services$10,632ProgramServicesAmt
Management And General$6,726ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,706TotalAmt
Program Services$4,450ProgramServicesAmt
Management And General$53,256ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,250TotalAmt
Program Services$2,250ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,035TotalAmt
Program Services$2,035ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,898TotalAmt
Program Services$11,898ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,457TotalAmt
Program Services$1,457ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EVENT EXPENSES$29,747$29,747
PENALTIES$21,901$21,901
OUTSIDE SERVICES$15,367$15,367
SPONSORSHIPS$13,854$13,854

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$17,023TotalAmt
Program Services$14,053ProgramServicesAmt
Management And General$2,970ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$535,247TotalAmt
Program Services$404,893ProgramServicesAmt
Management And General$130,354ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$90,518BOYAmt
EOY$219,604EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,096BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$105,614BOYAmt
EOY$219,604EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,175BOYAmt
EOY$9,699EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,853BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$77,028BOYAmt
EOY$9,699EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,586BOYAmt
EOY$209,905EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,586BOYAmt
EOY$209,905EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$105,614BOYAmt
EOY$219,604EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$186,529ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$5,210OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (true)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (true)OnlyInHouseLobbyingInd
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
TitleCEOTitleTxt
Base Compensation Filing Org$275,320BaseCompensationFilingOrgAmt
Total Compensation Filing Org$275,320TotalCompensationFilingOrgAmt

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 -5,210

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