LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (EIN 72-0780313)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-08-26
IRS object ID
201932389349300663
Schema version
2018v3.1
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)
Return2019-08-26T09:31:46-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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 Line1451 FLORIDA STREET 11TH FLOORAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN M WAGUESPACKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2259285388PhoneNum
Signature2019-08-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES R PEVEYPreparerPersonNm
PTINP00103577PTIN
Phone2259233000PhoneNum
Preparation2019-08-26PreparationDt
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)
IP2019-08-26IPDt
IP Tm09:26:35IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id94D66FE172DD4BC531A66AF2EA5A3AF367891642AtSubmissionCreationDeviceId
At Submission Filing Device Id70A15014C02C9A4C13D3FB0DAF9477B110B5CD15AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN M WAGUESPACKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1451 FLORIDA STREET 11TH FLOORAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70801ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,462,469GrossReceiptsAmt
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 Employee22TotalEmployeeCnt
Total Volunteers1296TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$156,000PYContributionsGrantsAmt
CY Contributions Grants$93,100CYContributionsGrantsAmt
PY Program Service Revenue$2,222,721PYProgramServiceRevenueAmt
CY Program Service Revenue$2,217,607CYProgramServiceRevenueAmt
PY Investment Income$717,866PYInvestmentIncomeAmt
CY Investment Income$297,554CYInvestmentIncomeAmt
PY Other Revenue$797,770PYOtherRevenueAmt
CY Other Revenue$807,507CYOtherRevenueAmt
PY Total Revenue$3,894,357PYTotalRevenueAmt
CY Total Revenue$3,415,768CYTotalRevenueAmt
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$2,596,305PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,616,737CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,157,665PYOtherExpensesAmt
CY Other Expenses$848,241CYOtherExpensesAmt
PY Total Expenses$3,753,970PYTotalExpensesAmt
CY Total Expenses$3,464,978CYTotalExpensesAmt
PY Revenues Less Expenses$140,387PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$49,210CYRevenuesLessExpensesAmt
Total Assets BOY$5,837,056TotalAssetsBOYAmt
Total Assets EOY$5,827,086TotalAssetsEOYAmt
Total Liabilities BOY$95,004TotalLiabilitiesBOYAmt
Total Liabilities EOY$65,837TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,742,052NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,761,249NetAssetsOrFundBalancesEOYAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee22EmployeeCnt
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 Line1451 FLORIDA STREET 11TH FLOORAddressLine1Txt
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
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
SONIA PEREZ
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
TERRY BAUGH
SECRETARY1.00Yes (X)Yes (X)$0$0$0
TOM O'NEAL
TREASURER1.00Yes (X)Yes (X)$0$0$0
ART FARVE
IMMEDIATE PAST CHAIRMAN1.00Yes (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
CJ BLACHE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT S BOH
DIRECTOR1.00Yes (X)$0$0$0
BOYD 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
JAMIE BURGESSS
DIRECTOR1.00Yes (X)$0$0$0
JH CAMPBELL
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
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
MARLOWE FOSTER
DIRECTOR1.00Yes (X)$0$0$0
FELICIA FREDERICK
DIRECTOR1.00Yes (X)$0$0$0
DAVID GAINSE
DIRECTOR1.00Yes (X)$0$0$0
WILL GREEN
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
STEPHEN HAMILTON
DIRECTOR1.00Yes (X)$0$0$0
BRYAN HANKS
DIRECTOR1.00Yes (X)$0$0$0
CHRIS HASKEW
DIRECTOR1.00Yes (X)$0$0$0
TOM HAWKINS
DIRECTOR1.00Yes (X)$0$0$0
BRYAN JONES
DIRECTOR1.00Yes (X)$0$0$0
STEVE JORDAN
DIRECTOR1.00Yes (X)$0$0$0
MARK JOSLIN
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
GARY LITTLEFIELD
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
ROBERT MILLS
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
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
DEBORAH RANDOLPH
DIRECTOR1.00Yes (X)$0$0$0
DAVID ROBERTS
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
DONNA SAURAGE
DIRECTOR1.00Yes (X)$0$0$0
TONY SIMMONS
DIRECTOR1.00Yes (X)$0$0$0
CHRISTEL SLAUGHTER
DIRECTOR1.00Yes (X)$0$0$0
ERICH STERNBERG
DIRECTOR1.00Yes (X)$0$0$0
DANA STUMPF
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN TOUPS
DIRECTOR1.00Yes (X)$0$0$0
BRIAN VERRETTE
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER VOSBURG
DIRECTOR1.00Yes (X)$0$0$0
JOHN WALTERS
DIRECTOR1.00Yes (X)$0$0$0
PETER WILLSON
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)$456,324$0$69,905
WANDA ALLPHIN
VICE PRESIDENT, FINANCE40.00Yes (X)$130,032$0$35,801
CAMILLE CONAWAY
VICE PRESIDENT40.00$162,307$0$33,803Yes (X)
ELENA LACOUR
VICE PRESIDENT40.00$108,006$0$23,066Yes (X)
JOHN DIEZ
VICE PRESIDENT40.00$122,288$0$11,609Yes (X)
JIM PATTERSON
VICE CHAIRMAN40.00$119,061$0$24,380Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,098,018TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$198,564TotalOtherCompensationAmt
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$93,100AllOtherContributionsAmt
Total Contributions$93,100TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,720,389$1,720,389
CONFERENCES & SEMINARS611430$497,218$497,218
FieldValueIRS element (for citing)
Total Program Service Revenue$2,217,607TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$297,554TotalRevenueColumnAmt
Exclusion$297,554ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$250,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

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

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$203,299RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$203,299TotalRevenueColumnAmt
Exclusion$203,299ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMINISTRATIVE REIMBUR561000$602,433$602,433
SPONSORSHIP INCOME900099$1,775$1,775
FieldValueIRS element (for citing)
Other Revenue Total$604,208OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,415,768TotalRevenueColumnAmt
Related Or Exempt Func Income$2,821,815RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$500,853ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$692,063TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,431,796TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$211,442TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$150,747TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$130,689TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,288TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,800TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$12,230TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$149,173TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$53,278TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$122,667TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$67,952TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$313,887TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$40,338TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$30,227TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
REPAIRS AND MAINTENANCE$24,273
DUES$17,735
FREE ENTERPRISE EXPENSE$6,300
MISCELLANEOUS$93

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,464,978TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$26,213BOYAmt
EOY$160,930EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$15,416EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,110BOYAmt
EOY$18,574EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,350,000BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,983,867LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$239,908LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,830,998BOYAmt
EOY$2,743,959EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,093,674BOYAmt
EOY$2,274,529EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$522,061BOYAmt
EOY$613,678EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,837,056BOYAmt
EOY$5,827,086EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$95,004BOYAmt
EOY$65,837EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$95,004BOYAmt
EOY$65,837EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,742,052BOYAmt
EOY$5,761,249EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,742,052BOYAmt
EOY$5,761,249EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,837,056BOYAmt
EOY$5,827,086EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$49,210ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$68,411NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4OtherChangesInNetAssetsAmt
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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$1,720,389DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$450,985NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$450,985NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$516,117AggregateReportedDuesNtcAmt
Taxable-$65,132TaxableAmt

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$66,160DepreciationAmt
Book Value$1,755,178BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,968OtherCostOrOtherBasisAmt
Depreciation$165,278DepreciationAmt
Book Value$64,690BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,561OtherCostOrOtherBasisAmt
Depreciation$8,470DepreciationAmt
Book Value$24,091BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,743,959TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$613,678BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$613,678TotalBookValueSecuritiesAmt
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 (3 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$456,324$0$0$0$0$0$43,392$0$26,513$0$526,229$0$0$0
WANDA ALLPHIN
VICE PRESIDENT, FINANCE$130,032$0$0$0$0$0$16,622$0$19,179$0$165,833$0$0$0
CAMILLE CONAWAY
VICE PRESIDENT$162,307$0$0$0$0$0$14,490$0$19,313$0$196,110$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 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.
FORM 990, PART XI, LINE 9:ROUNDING -4.
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.
FORM 990, PART XII, LINE 2C:THE 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$366,617ShareOfTotalIncomeAmt
Share Of EOY Assets$545,882ShareOfEOYAssetsAmt
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$602,433CASH RECEIVED
LABI SERVICE CORPORATION
F$275,000CASH RECEIVED (DIVIDEND)

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