LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (EIN 72-0780313)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-09-14
IRS object ID
202002589349300125
Schema version
2019v5.1
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)
Return2020-09-14T13:23:16-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Begin2019-01-01TaxPeriodBeginDt

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)
PersonSTEPHEN M WAGUESPACKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2259285388PhoneNum
Signature2020-09-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES R PEVEYPreparerPersonNm
PTINP00103577PTIN
Phone2259233000PhoneNum
Preparation2020-09-14PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.238.236.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-14IPDt
IP Tm13:17:11IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id94D66FE172DD4BC531A66AF2EA5A3AF367891642AtSubmissionCreationDeviceId
At Submission Filing Device IdF3E91471E1C1864E18700C34C307C9A00755965EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-01-07 14:23:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN M WAGUESPACKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 MAIN STREETAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,687,148GrossReceiptsAmt
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 Body99VotingMembersGoverningBodyCnt
Voting Members Independent99VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers1021TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$93,100PYContributionsGrantsAmt
CY Contributions Grants$740,721CYContributionsGrantsAmt
PY Program Service Revenue$2,217,607PYProgramServiceRevenueAmt
CY Program Service Revenue$2,155,441CYProgramServiceRevenueAmt
PY Investment Income$297,554PYInvestmentIncomeAmt
CY Investment Income$45,100CYInvestmentIncomeAmt
PY Other Revenue$807,507PYOtherRevenueAmt
CY Other Revenue$699,185CYOtherRevenueAmt
PY Total Revenue$3,415,768PYTotalRevenueAmt
CY Total Revenue$3,640,447CYTotalRevenueAmt
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$2,616,737PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,544,463CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$848,241PYOtherExpensesAmt
CY Other Expenses$820,293CYOtherExpensesAmt
PY Total Expenses$3,464,978PYTotalExpensesAmt
CY Total Expenses$3,364,756CYTotalExpensesAmt
PY Revenues Less Expenses-$49,210PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$275,691CYRevenuesLessExpensesAmt
Total Assets BOY$5,827,086TotalAssetsBOYAmt
Total Assets EOY$6,493,543TotalAssetsEOYAmt
Total Liabilities BOY$65,837TotalLiabilitiesBOYAmt
Total Liabilities EOY$67,742TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,761,249NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,425,801NetAssetsOrFundBalancesEOYAmt
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 Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
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 Members99GoverningBodyVotingMembersCnt
Independent Voting Member99IndependentVotingMemberCnt
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 (104 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
TIM STINE
IMMEDIATE PAST CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
SONIA PEREZ
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
TERRY BAUGH
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
TOM O'NEAL
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ART FARVE
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
CLAY ALLEN
DIRECTOR1.00Yes (X)$0$0$0
ROBERT ANGELICO
DIRECTOR1.00Yes (X)$0$0$0
JOE ARROYO
DIRECTOR1.00Yes (X)$0$0$0
JAMES BABST
DIRECTOR1.00Yes (X)$0$0$0
SCOTT BALLARD
DIRECTOR1.00Yes (X)$0$0$0
BOBBY BAROUSSE
DIRECTOR1.00Yes (X)$0$0$0
ANGELA ZERINGUE
DIRECTOR1.00Yes (X)$0$0$0
ADRIANEE BAUMGARTNER
DIRECTOR1.00Yes (X)$0$0$0
ANDREE BEGNEAUD
DIRECTOR1.00Yes (X)$0$0$0
JILL BENOIT
DIRECTOR1.00Yes (X)$0$0$0
CJ BLACHE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT S BOH
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL BOUDREAUX
DIRECTOR1.00Yes (X)$0$0$0
GREG BOWSER
DIRECTOR1.00Yes (X)$0$0$0
AYRES BRADFORD
DIRECTOR1.00Yes (X)$0$0$0
JAMES B BULLIARD
DIRECTOR1.00Yes (X)$0$0$0
JH CAMPBELL
DIRECTOR1.00Yes (X)$0$0$0
KIM CARVER
DIRECTOR1.00Yes (X)$0$0$0
EMILE CORDARO
DIRECTOR1.00Yes (X)$0$0$0
TOM COX
DIRECTOR1.00Yes (X)$0$0$0
KIM CUSIMANO
DIRECTOR1.00Yes (X)$0$0$0
HANK DANOS
DIRECTOR1.00Yes (X)$0$0$0
JASON DECUIR
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER DICHARRY
DIRECTOR1.00Yes (X)$0$0$0
JOHN DOGGETT
DIRECTOR1.00Yes (X)$0$0$0
MAURA DONAHUE
DIRECTOR1.00Yes (X)$0$0$0
KEITH P DUET
DIRECTOR1.00Yes (X)$0$0$0
REGGIE DUPRE
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL EASON
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL ECHOLS
DIRECTOR1.00Yes (X)$0$0$0
RONALD EVANS
DIRECTOR1.00Yes (X)$0$0$0
TOMMY FAUCHEAX
DIRECTOR1.00Yes (X)$0$0$0
CASSIE FELDER
DIRECTOR1.00Yes (X)$0$0$0
COURTNEY A FENET JR
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM FENSTERMAKER
DIRECTOR1.00Yes (X)$0$0$0
JOHN J FINAN JR
DIRECTOR1.00Yes (X)$0$0$0
WAYNE J FONTANA
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM FONTENOT
DIRECTOR1.00Yes (X)$0$0$0
FELICIA FREDERICK
DIRECTOR1.00Yes (X)$0$0$0
DAVID GAINES
DIRECTOR1.00Yes (X)$0$0$0
RYAN GIROUARD
DIRECTOR1.00Yes (X)$0$0$0
LANE GRIGSBY
DIRECTOR1.00Yes (X)$0$0$0
GEORGE H GUIDRY JR
DIRECTOR1.00Yes (X)$0$0$0
RICHARD GUILLORY
DIRECTOR1.00Yes (X)$0$0$0
TYSON HACKENBERG
DIRECTOR1.00Yes (X)$0$0$0
MIKE HALL
DIRECTOR1.00Yes (X)$0$0$0
BRYAN HANKS
DIRECTOR1.00Yes (X)$0$0$0
CHRIS HASKEW
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
DANA KEEL
DIRECTOR1.00Yes (X)$0$0$0
MERYL KENNEDY
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER KINSEY
DIRECTOR1.00Yes (X)$0$0$0
JAMES LAPEYRE
DIRECTOR1.00Yes (X)$0$0$0
JAMEY LEBLANC
DIRECTOR1.00Yes (X)$0$0$0
JERRY LEBOLD
DIRECTOR1.00Yes (X)$0$0$0
MELISSA MANN
DIRECTOR1.00Yes (X)$0$0$0
MARTIN MAYER
DIRECTOR1.00Yes (X)$0$0$0
JUDE MELVILLE
DIRECTOR1.00Yes (X)$0$0$0
PATRICK MOCKLER
DIRECTOR1.00Yes (X)$0$0$0
KJESSICA MONROE
DIRECTOR1.00Yes (X)$0$0$0
DANNY MONTELARO
DIRECTOR1.00Yes (X)$0$0$0
JODY MANTELARO
DIRECTOR1.00Yes (X)$0$0$0
SPENCER MURPHY
DIRECTOR1.00Yes (X)$0$0$0
MARK MYRTUE
DIRECTOR1.00Yes (X)$0$0$0
JOHN OVERTON
DIRECTOR1.00Yes (X)$0$0$0
RELDON OWENS
DIRECTOR1.00Yes (X)$0$0$0
FEDERICK PALMER
DIRECTOR1.00Yes (X)$0$0$0
JAMES PELLERIN
DIRECTOR1.00Yes (X)$0$0$0
TODD PERRY
DIRECTOR1.00Yes (X)$0$0$0
SCOTT POOLE
DIRECTOR1.00Yes (X)$0$0$0
E FREDERICK PREIS JR
DIRECTOR1.00Yes (X)$0$0$0
ARTHUR PRICE
DIRECTOR1.00Yes (X)$0$0$0
WYNN RADFORD
DIRECTOR1.00Yes (X)$0$0$0
JAMES RAINES
DIRECTOR1.00Yes (X)$0$0$0
PAULA RAMSEY
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER RILES
DIRECTOR1.00Yes (X)$0$0$0
JAMES ROGERS III
DIRECTOR1.00Yes (X)$0$0$0
KENNETH ROSS
DIRECTOR1.00Yes (X)$0$0$0
GORDON ROUNTREE
DIRECTOR1.00Yes (X)$0$0$0
PHILLIP ROZEMAN
DIRECTOR1.00Yes (X)$0$0$0
CHRISTEL SLAUGHTER
TREASURER1.00Yes (X)Yes (X)$0$0$0
MATT STULLER
DIRECTOR1.00Yes (X)$0$0$0
DANA STUMPF
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN TOUPS
DIRECTOR1.00Yes (X)$0$0$0
KELLI TROUTMAN
DIRECTOR1.00Yes (X)$0$0$0
SHAWN USHER
DIRECTOR1.00Yes (X)$0$0$0
RUSTY VINCENT
DIRECTOR1.00Yes (X)$0$0$0
ROBERT WEBB
DIRECTOR1.00Yes (X)$0$0$0
PETER WILSON
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM WINDHAM
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH ZANCO
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN WAGUESPACK
PRESIDENT40.00Yes (X)$513,751$0$71,854
WANDA ALLPHIN
VICE PRESIDENT, FINANCE40.00Yes (X)$110,530$0$38,080
CAMILLE CONAWAY
VICE PRESIDENT40.00$157,612$0$37,608Yes (X)
ELENA LACOUR
VICE PRESIDENT40.00$110,991$0$25,184Yes (X)
JIM PATTERSON
VICE CHAIRMAN40.00$117,414$0$26,713Yes (X)
COURTNEY BAKER
EMPLOYEE40.00$119,021$0$24,565Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,129,319TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$224,004TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$740,721AllOtherContributionsAmt
Total Contributions$740,721TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,718,496$1,718,496
CONFERENCES & SEMINARS611430$436,945$436,945
FieldValueIRS element (for citing)
Total Program Service Revenue$2,155,441TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,100TotalRevenueColumnAmt
Exclusion$45,100ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$145,833RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$46,701RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$99,132RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$99,132TotalRevenueColumnAmt
Exclusion$99,132ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADMINISTRATIVE REIMBURDesc
Business561000BusinessCd
Total Revenue Column$600,034TotalRevenueColumnAmt
Related Or Exempt Func Income$600,034RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19TotalRevenueColumnAmt
Related Or Exempt Func Income$19RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$600,053OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,640,447TotalRevenueColumnAmt
Related Or Exempt Func Income$2,755,494RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$144,232ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$624,281TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,461,932TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$191,239TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$140,060TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$126,951TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,955TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$10,119TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$149,848TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$57,283TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$102,098TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$72,430TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$247,983TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$42,387TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$32,503TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
FREE ENTERPRISE EXPENSE$44,081
REPAIRS AND MAINTENANCE$27,289
DUES$25,317

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,364,756TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$160,930BOYAmt
EOY$325,827EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$15,416BOYAmt
EOY$1,210,888EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,574BOYAmt
EOY$3,214EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,837,396LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$328,996LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,743,959BOYAmt
EOY$3,508,400EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,274,529BOYAmt
EOY$788,830EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$613,678BOYAmt
EOY$656,384EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,827,086BOYAmt
EOY$6,493,543EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$65,837BOYAmt
EOY$67,742EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,837BOYAmt
EOY$67,742EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,761,249BOYAmt
EOY$6,425,801EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,761,249BOYAmt
EOY$6,425,801EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,827,086BOYAmt
EOY$6,493,543EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$275,691ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$388,861NetUnrlzdGainsLossesInvstAmt
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$1,718,496DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$398,041NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$398,041NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$515,549AggregateReportedDuesNtcAmt
Taxable-$117,508TaxableAmt

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$1,821,338OtherCostOrOtherBasisAmt
Depreciation$112,860DepreciationAmt
Book Value$1,708,478BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,969OtherCostOrOtherBasisAmt
Depreciation$197,875DepreciationAmt
Book Value$32,094BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$886,089OtherCostOrOtherBasisAmt
Depreciation$18,261DepreciationAmt
Book Value$867,828BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,508,400TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$656,384BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$656,384TotalBookValueSecuritiesAmt
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 (2 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
STEPHEN WAGUESPACK
PRESIDENT$513,751$0$0$0$0$0$43,392$0$28,462$0$585,605$0$0$0
CAMILLE CONAWAY
VICE PRESIDENT$157,612$0$0$0$0$0$16,346$0$21,262$0$195,220$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 AND VICE-PRESIDENT OF FINANCE 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.
PART XII, LINE 1THE 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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
EASTPAC
3113 VALLEY CREEK DRBATON ROUGELA70808721133851TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
WESTPAC
3113 VALLEY CREEK DRBATON ROUGELA70808721133848TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
NORTHPAC
3113 VALLEY CREEK DRBATON ROUGELA70808721133849TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0
SOUTHPAC
3113 VALLEY CREEK DRBATON ROUGELA70808721133846TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICELA527N/A0

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 Line13113 VALLEY CREEK DRAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70808ZIPCd
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$262,782ShareOfTotalIncomeAmt
Share Of EOY Assets$569,489ShareOfEOYAssetsAmt
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 Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
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 (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LABI SERVICE CORPORATION
Q$600,034CASH RECEIVED
LABI SERVICE CORPORATION
F$275,000CASH RECEIVED (DIVIDEND)

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