LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (EIN 72-0780313)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-07
IRS object ID
202502199349300045
Schema version
2024v5.2
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)
Return2025-08-07T15:30:31-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN720464428PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HAWTHORN WAYMOUTH & CARROLL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18545 UNITED PLAZA BLVD - NO 200AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP708099982ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN720780313EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUISIANA ASSOCIATION OF BUSINESS ANDBusinessNameLine1Txt
Business Name Line2INDUSTRYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOUIBusinessNameControlTxt
Phone2259285388PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 MAIN STREETAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILL GREENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2259285388PhoneNum
Signature2025-08-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES R PEVEYPreparerPersonNm
PTINP00103577PTIN
Phone2259233000PhoneNum
Preparation2025-08-04PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILL GREENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 MAIN STREETAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,114,009GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.LABI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1975FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO IMPROVE THE BUSINESS CLIMATE OF LOUISIANAActivityOrMissionDesc
Voting Members Governing Body97VotingMembersGoverningBodyCnt
Voting Members Independent97VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers511TotalVolunteersCnt
Total Gross UBI$108,493TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$350,000PYContributionsGrantsAmt
CY Contributions Grants$50,000CYContributionsGrantsAmt
PY Program Service Revenue$1,813,617PYProgramServiceRevenueAmt
CY Program Service Revenue$2,065,274CYProgramServiceRevenueAmt
PY Investment Income$157,321PYInvestmentIncomeAmt
CY Investment Income$270,734CYInvestmentIncomeAmt
PY Other Revenue$867,692PYOtherRevenueAmt
CY Other Revenue$726,658CYOtherRevenueAmt
PY Total Revenue$3,188,630PYTotalRevenueAmt
CY Total Revenue$3,112,666CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,109,525PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,413,161CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,219,687PYOtherExpensesAmt
CY Other Expenses$1,141,359CYOtherExpensesAmt
PY Total Expenses$3,329,212PYTotalExpensesAmt
CY Total Expenses$3,554,520CYTotalExpensesAmt
PY Revenues Less Expenses-$140,582PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$441,854CYRevenuesLessExpensesAmt
Total Assets BOY$7,902,411TotalAssetsBOYAmt
Total Assets EOY$7,492,734TotalAssetsEOYAmt
Total Liabilities BOY$180,803TotalLiabilitiesBOYAmt
Total Liabilities EOY$229,758TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,721,608NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,262,976NetAssetsOrFundBalancesEOYAmt
MissionTO 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 PROCESSESMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescISSUE 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.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee25EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members97GoverningBodyVotingMembersCnt
Independent Voting Member97IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2259285388PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 MAIN STREETAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (102 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
TIM STINE
DIRECTOR1.00Yes (X)$0$0$0
TERRY BAUGH
DIRECTOR1.00Yes (X)$0$0$0
TOM O'NEAL
DIRECTOR1.00Yes (X)$0$0$0
ART FARVE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT ANGELICO
DIRECTOR1.00Yes (X)$0$0$0
JOE ARROYO
DIRECTOR1.00Yes (X)$0$0$0
DAVID AUBREY
DIRECTOR1.00Yes (X)$0$0$0
SCOTT BALLARD
SECRETARY1.00Yes (X)$0$0$0Yes (X)
BOBBY BAROUSSE
DIRECTOR1.00Yes (X)$0$0$0
ANDREE BEGNEAUD
DIRECTOR1.00Yes (X)$0$0$0
CAMILLE IVY-O'DONNELL BENTIN
DIRECTOR1.00Yes (X)$0$0$0
BLAKE BOURGEOIS
DIRECTOR1.00Yes (X)$0$0$0
ROGER BOYETTE
DIRECTOR1.00Yes (X)$0$0$0
AYRES BRADFORD
DIRECTOR1.00Yes (X)$0$0$0
JESSICA BREAUX
DIRECTOR1.00Yes (X)$0$0$0
TEE BROWN
DIRECTOR1.00Yes (X)$0$0$0
BRYAN CAMERLINCK
DIRECTOR1.00Yes (X)$0$0$0
JH CAMPBELL
DIRECTOR1.00Yes (X)$0$0$0
DAVID CAVELL
DIRECTOR1.00Yes (X)$0$0$0
BLAKE CHATELAIN
DIRECTOR1.00Yes (X)$0$0$0
MELANIE CLOUATRE
DIRECTOR1.00Yes (X)$0$0$0
CAMILLE CONAWAY
DIRECTOR1.00Yes (X)$0$0$0
EMILE CORDARO
DIRECTOR1.00Yes (X)$0$0$0
TOM COX
VICE CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
KIM CUSIMANO
DIRECTOR1.00Yes (X)$0$0$0
CHARLES DABADIE
DIRECTOR1.00Yes (X)$0$0$0
NICOLE DAIGLE
DIRECTOR1.00Yes (X)$0$0$0
ERIC DANOS
DIRECTOR1.00Yes (X)$0$0$0
JASON DECUIR
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
JOHN DOGGETT
DIRECTOR1.00Yes (X)$0$0$0
JOHN DONAHUE
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL EASON
DIRECTOR1.00Yes (X)$0$0$0
PEYTON FARR
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM FENSTERMAKER
DIRECTOR1.00Yes (X)$0$0$0
LAURA FERRELL
DIRECTOR1.00Yes (X)$0$0$0
RICK FLICK
DIRECTOR1.00Yes (X)$0$0$0
DAVID GAINES
DIRECTOR1.00Yes (X)$0$0$0
RYAN GIROUARD
DIRECTOR1.00Yes (X)$0$0$0
PAMELA GRANGER
DIRECTOR1.00Yes (X)$0$0$0
KATIE GRAVES
DIRECTOR1.00Yes (X)$0$0$0
LANE GRIGSBY
DIRECTOR1.00Yes (X)$0$0$0
GEORGE H GUIDRY JR
DIRECTOR1.00Yes (X)$0$0$0
BRYAN HANKS
DIRECTOR1.00Yes (X)$0$0$0
CALVIN HART
DIRECTOR1.00Yes (X)$0$0$0
DAVID HUVAL
DIRECTOR1.00Yes (X)$0$0$0
BRYAN JONES
DIRECTOR1.00Yes (X)$0$0$0
STEVE JORDAN
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER KINSEY
DIRECTOR1.00Yes (X)$0$0$0
MANARD LAGASSE
DIRECTOR1.00Yes (X)$0$0$0
RAYMOND LASSEIGNE
DIRECTOR1.00Yes (X)$0$0$0
JASON LATIOLAIS
DIRECTOR1.00Yes (X)$0$0$0
DANNA LEBLANC
DIRECTOR1.00Yes (X)$0$0$0
TANDRA LEMAY
DIRECTOR1.00Yes (X)$0$0$0
LAURA LYLES
DIRECTOR1.00Yes (X)$0$0$0
MATTHEW MANN
DIRECTOR1.00Yes (X)$0$0$0
MELISSA MANN
DIRECTOR1.00Yes (X)$0$0$0
JUDE MELVILLE
IMMEDIATE PAST CHAIR1.00Yes (X)$0$0$0Yes (X)
PATRICK MOCKLER
DIRECTOR1.00Yes (X)$0$0$0
JODY MONTELARO
DIRECTOR1.00Yes (X)$0$0$0
DEANO ORR
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL NICAUD
DIRECTOR1.00Yes (X)$0$0$0
JOHN OVERTON
DIRECTOR1.00Yes (X)$0$0$0
RELDON OWENS
DIRECTOR1.00Yes (X)$0$0$0
FREDERICK PALMER
DIRECTOR1.00Yes (X)$0$0$0
AJAY PATEL
DIRECTOR1.00Yes (X)$0$0$0
TODD PERRY
DIRECTOR1.00Yes (X)$0$0$0
ANTHONY POPE
DIRECTOR1.00Yes (X)$0$0$0
SCOTT POOLE
TREASURER1.00Yes (X)$0$0$0Yes (X)
TEDDY PRICE
DIRECTOR1.00Yes (X)$0$0$0
E FREDERICK PREIS JR
DIRECTOR1.00Yes (X)$0$0$0
ARTHUR PRICE
DIRECTOR1.00Yes (X)$0$0$0
SCOTT RAINWATER
DIRECTOR1.00Yes (X)$0$0$0
KENNETH ROSS
DIRECTOR1.00Yes (X)$0$0$0
PHILLIP ROZEMAN
DIRECTOR1.00Yes (X)$0$0$0
MATT SAURAGE
DIRECTOR1.00Yes (X)$0$0$0
SLADE SIMONS
DIRECTOR1.00Yes (X)$0$0$0
CHRISTEL SLAUGHTER
DIRECTOR1.00Yes (X)$0$0$0
CHUCK SPICER
DIRECTOR1.00Yes (X)$0$0$0
BO STAPLES
DIRECTOR1.00Yes (X)$0$0$0
CRAIG STEVENS
DIRECTOR1.00Yes (X)$0$0$0
CLAIRE STEVENSON
DIRECTOR1.00Yes (X)$0$0$0
DANA STUMPF
DIRECTOR1.00Yes (X)$0$0$0
DREW TESSIER
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN TOUPS
DIRECTOR1.00Yes (X)$0$0$0
KELLI TROUTMAN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL UFFMAN
DIRECTOR1.00Yes (X)$0$0$0
SHAWN USHER
DIRECTOR1.00Yes (X)$0$0$0
ORIC WALKER
DIRECTOR1.00Yes (X)$0$0$0
KRISTEN WALL
DIRECTOR1.00Yes (X)$0$0$0
MARK KENT ANDERSON
DIRECTOR1.00Yes (X)$0$0$0
ROBERT WEBB
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH ZANCO
DIRECTOR1.00Yes (X)$0$0$0
WAYNE FONTANA
DIRECTOR1.00Yes (X)$0$0$0
BOB BARTON
DIRECTOR1.00Yes (X)$0$0$0
LAUREN GIBBS
DIRECTOR1.00Yes (X)$0$0$0
WILL GREEN
PRESIDENT40.00Yes (X)$415,655$0$46,521Yes (X)
WANDA ALLPHIN
CHIEF FINANCIAL OFFICER40.00$129,361$0$26,243Yes (X)
JAMES PATTERSON
SENIOR VICE PRESIDENT, GOVT RELATIONS40.00$156,000$0$18,004Yes (X)
ASHLEY GORDON
VICE PRESIDENT, MARKETING & COMMUNICATIONS40.00$123,732$0$36,282Yes (X)
ELENA LACOUR
VICE PRESIDENT, MEMBER RELATIONS40.00$115,507$0$18,353Yes (X)
LAUREN HADDEN
VICE PRESIDENT, GENERAL CO40.00$156,219$0$7,974Yes (X)
PATRICK ROBINSON
VICE PRESIDENT, GOVERNMENT RELATIONS40.00$127,113$0$14,429Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,223,587TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$167,806TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$50,000AllOtherContributionsAmt
Total Contributions$50,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,591,535$1,591,535
CONFERENCES & SEMINARS611430$473,739$473,739
FieldValueIRS element (for citing)
Total Program Service Revenue$2,065,274TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$272,077TotalRevenueColumnAmt
Exclusion$272,077ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,343OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$1,343OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,343TotalRevenueColumnAmt
Exclusion-$1,343ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
ADMINISTRATIVE REIMBUR561000$547,392$547,392
MAGAZINE REVENUE323100$108,493$108,493
SPONSORSHIP INCOME900099$28,299$28,299

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,474TotalRevenueColumnAmt
Related Or Exempt Func Income$42,474RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$726,658OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,112,666TotalRevenueColumnAmt
Related Or Exempt Func Income$2,683,439RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$108,493UnrelatedBusinessRevenueAmt
Exclusion$270,734ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$800,868TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,300,772TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$67,961TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$114,470TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$129,090TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,050TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$3,672TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$252,495TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$75,282TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$69,187TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$80,968TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$262,513TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$652TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$237,058TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$40,159TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
REPAIRS AND MAINTENANCE$59,736
DUES$47,587

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,554,520TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$141,164BOYAmt
EOY$115,186EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,140BOYAmt
EOY$9,918EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$43,940BOYAmt
EOY$20,357EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,497,608LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,137,365LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,587,231BOYAmt
EOY$6,360,243EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$700,444BOYAmt
EOY$589,401EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$427,492BOYAmt
EOY$397,629EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,902,411BOYAmt
EOY$7,492,734EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$75,537BOYAmt
EOY$79,758EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$105,266BOYAmt
EOY$150,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$180,803BOYAmt
EOY$229,758EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,721,608BOYAmt
EOY$7,262,976EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,721,608BOYAmt
EOY$7,262,976EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,902,411BOYAmt
EOY$7,492,734EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$441,854ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$16,778NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$1,591,535DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$248,900NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$248,900NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$318,307AggregateReportedDuesNtcAmt
Taxable-$69,407TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$900,000OtherCostOrOtherBasisAmt
Book Value$900,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,050,682OtherCostOrOtherBasisAmt
Depreciation$800,351DepreciationAmt
Book Value$5,250,331BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$546,926OtherCostOrOtherBasisAmt
Depreciation$337,014DepreciationAmt
Book Value$209,912BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,360,243TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN LABI SERVICE CORPORATDesc
Book Value$397,629BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$397,629TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationLOUISIANA 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
WILL GREEN
PRESIDENT$415,655$0$0$0$0$0$17,250$0$29,271$0$462,176$0$0$0
JAMES PATTERSON
SENIOR VICE PRESIDENT, GOVT RELATION$156,000$0$0$0$0$0$7,900$0$10,104$0$174,004$0$0$0
LAUREN HADDEN
VICE PRESIDENT, GENERAL CO$156,219$0$0$0$0$0$7,311$0$663$0$164,193$0$0$0
ASHLEY GORDON
VICE PRESIDENT, MARKETING & COMMUNIC$123,732$0$0$0$0$0$7,149$0$29,133$0$160,014$0$0$0
WANDA ALLPHIN
CHIEF FINANCIAL OFFICER$129,361$0$0$0$0$0$6,850$0$19,393$0$155,604$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6LABI 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 7AALL MEMBERS OF LABI ARE ALLOWED TO VOTE IN THE ELECTION OF MEMBERS OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BTHE 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 11BFORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 15THE 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 18THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE 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 2CTHE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
EASTPAC
500 MAIN STREETBATON ROUGELA70801721133851TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
WESTPAC
500 MAIN STREETBATON ROUGELA70801721133848TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
NORTHPAC
500 MAIN STREETBATON ROUGELA70801721133849TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
SOUTHPAC
500 MAIN STREETBATON ROUGELA70801721133846TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
LABI FOUNDATION
500 MAIN STREETBATON ROUGELA70801464858854TO PARTNER WITH BUSINESS LEADERS TO MAXIMIZE LOUISIANA'S ECONOMIC POTENTIALLA501(C)(3)N/A0170(B)(1)(A)(VI)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LABI SERVICE CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 MAIN STREETAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd
FieldValueIRS element (for citing)
EIN721021893EIN
Primary ActivitiesPUBLICATIONS,SEMINARS, & SPONSORS A GROUP HEALTH INS PROGRAMPrimaryActivitiesTxt
Legal Domicile StateLALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$220,137ShareOfTotalIncomeAmt
Share Of EOY Assets$398,355ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationYes (1)DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (9 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LABI SERVICE CORPORATION
Q$484,998ACTUAL CASH RECEIVED
LABI SERVICE CORPORATION
F$250,000ACTUAL CASH RECEIVED (DIVIDEND)
LABI SERVICE CORPORATION
D$560ACTUAL CASH LOANED
LABI FOUNDATION
Q$62,394ACTUAL CASH RECEIVED
LABI FOUNDATION
E$9,621ACTUAL CASH RECEIVED
NORTHPAC
D$10,277ACTUAL CASH LOANED
SOUTHPAC
D$695ACTUAL CASH LOANED
EASTPAC
D$625ACTUAL CASH LOANED
WESTPAC
D$625ACTUAL CASH LOANED

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.