LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (EIN 72-0780313)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-07-18
IRS object ID
201721999349300117
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-07-18T09:39:17-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Line18555 UNITED PLAZA BLVD - NO 200AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP708099982ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

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 Line13113 VALLEY CREEK DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70808ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN WAGUESPACKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2259285388PhoneNum
Signature2017-07-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES R PEVEYPreparerPersonNm
PTINP00103577PTIN
Phone2259233000PhoneNum
Preparation2017-07-18PreparationDt
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)
IP2017-07-18IPDt
IP Tm09:39:15IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id278895DD1BD64ADF6EF2C8F72BC3394FA287CEB7AtSubmissionCreationDeviceId
At Submission Filing Device Id24DB9DB9FCC50DF6D5BCD28EC401C9A4340FDFD0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN M WAGUESPACKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13113 VALLEY CREEK DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70808ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,404,610GrossReceiptsAmt
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 Body103VotingMembersGoverningBodyCnt
Voting Members Independent103VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers1195TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$452,000PYContributionsGrantsAmt
CY Contributions Grants$282,000CYContributionsGrantsAmt
PY Program Service Revenue$2,327,813PYProgramServiceRevenueAmt
CY Program Service Revenue$1,973,966CYProgramServiceRevenueAmt
PY Investment Income$522,773PYInvestmentIncomeAmt
CY Investment Income$471,055CYInvestmentIncomeAmt
PY Other Revenue$655,772PYOtherRevenueAmt
CY Other Revenue$677,589CYOtherRevenueAmt
PY Total Revenue$3,958,358PYTotalRevenueAmt
CY Total Revenue$3,404,610CYTotalRevenueAmt
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$2,624,201PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,547,352CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$960,306PYOtherExpensesAmt
CY Other Expenses$1,114,867CYOtherExpensesAmt
PY Total Expenses$3,584,507PYTotalExpensesAmt
CY Total Expenses$3,662,219CYTotalExpensesAmt
PY Revenues Less Expenses$373,851PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$257,609CYRevenuesLessExpensesAmt
Total Assets BOY$5,971,990TotalAssetsBOYAmt
Total Assets EOY$5,623,174TotalAssetsEOYAmt
Total Liabilities BOY$82,612TotalLiabilitiesBOYAmt
Total Liabilities EOY$83,356TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,889,378NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,539,818NetAssetsOrFundBalancesEOYAmt
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 Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee23EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members103GoverningBodyVotingMembersCnt
Independent Voting Member103IndependentVotingMemberCnt
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 Line13113 VALLEY CREEK DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70808ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (109 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN FINAN JR
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ART FAVRE
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
TIM STINE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
SONIA PEREZ
TREASURER1.00Yes (X)Yes (X)$0$0$0
JAMES LAPEYRE JR
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
BOBBY BAROUSSE
DIRECTOR1.00Yes (X)$0$0$0
TERRY BAUGH
DIRECTOR1.00Yes (X)$0$0$0
ADRIANNE BAUMGARTNER
DIRECTOR1.00Yes (X)$0$0$0
ANDREE BEGNEAUD
DIRECTOR1.00Yes (X)$0$0$0
CJ BLACHE
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
JANE BROWN
DIRECTOR1.00Yes (X)$0$0$0
JS BROWN III
DIRECTOR1.00Yes (X)$0$0$0
JAMES BULLIARD
DIRECTOR1.00Yes (X)$0$0$0
JAMIE BURGESSS
DIRECTOR1.00Yes (X)$0$0$0
JH CAMPBELL JR
DIRECTOR1.00Yes (X)$0$0$0
KARL CONNOR
DIRECTOR1.00Yes (X)$0$0$0
EMILE CORDARO
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER DICHARRY
DIRECTOR1.00Yes (X)$0$0$0
MAURA DONAHUE
DIRECTOR1.00Yes (X)$0$0$0
EDUARDO DOVAL
DIRECTOR1.00Yes (X)$0$0$0
KEITH DUET
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL ECHOLS
DIRECTOR1.00Yes (X)$0$0$0
DENISE EVANS
DIRECTOR1.00Yes (X)$0$0$0
RONALD EVANS
DIRECTOR1.00Yes (X)$0$0$0
ART FAVRE
DIRECTOR1.00Yes (X)$0$0$0
COURTNEY FENET JR
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM FENSTERMAKER
DIRECTOR1.00Yes (X)$0$0$0
JOHN FINAN JR
DIRECTOR1.00Yes (X)$0$0$0
WAYNE FONTANA
DIRECTOR1.00Yes (X)$0$0$0
PATRICK FONTENOT
DIRECTOR1.00Yes (X)$0$0$0
JUSTIN FURNACE
DIRECTOR1.00Yes (X)$0$0$0
DAVID GAINES
DIRECTOR1.00Yes (X)$0$0$0
TODD GREGORY
DIRECTOR1.00Yes (X)$0$0$0
LANE GRIGSBY
DIRECTOR1.00Yes (X)$0$0$0
GEORGE GUIDRY JR
DIRECTOR1.00Yes (X)$0$0$0
GREGORY HAMER
DIRECTOR1.00Yes (X)$0$0$0
LESTER HART
DIRECTOR1.00Yes (X)$0$0$0
CHRIS HASKEW
DIRECTOR1.00Yes (X)$0$0$0
TOM HAWKINS
DIRECTOR1.00Yes (X)$0$0$0
MIKE HAYES
DIRECTOR1.00Yes (X)$0$0$0
THOMAS ILES
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN F JONES
DIRECTOR1.00Yes (X)$0$0$0
STEVE JORDAN
DIRECTOR1.00Yes (X)$0$0$0
MARK JOSLIN
DIRECTOR1.00Yes (X)$0$0$0
J WILLIAM KIGHT
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER KINSEY
DIRECTOR1.00Yes (X)$0$0$0
JAMES LAPEYRE JR
DIRECTOR1.00Yes (X)$0$0$0
GARY LITTLEFIELD
DIRECTOR1.00Yes (X)$0$0$0
GREG LUNA
DIRECTOR1.00Yes (X)$0$0$0
FELICIA MANUEL
DIRECTOR1.00Yes (X)$0$0$0
MARTIN MAYER
DIRECTOR1.00Yes (X)$0$0$0
MARJORIE MCKEITHEN
DIRECTOR1.00Yes (X)$0$0$0
JUDE MELVILLE
DIRECTOR1.00Yes (X)$0$0$0
RALPH MILLER
DIRECTOR1.00Yes (X)$0$0$0
MIKE MITTERNIGHT
DIRECTOR1.00Yes (X)$0$0$0
JESSICA MONROE
DIRECTOR1.00Yes (X)$0$0$0
DANNY MONTELARO
DIRECTOR1.00Yes (X)$0$0$0
JODY MONTELARO
DIRECTOR1.00Yes (X)$0$0$0
SPENCER MURPHY
DIRECTOR1.00Yes (X)$0$0$0
MARK MYRTUE
DIRECTOR1.00Yes (X)$0$0$0
TOM O'NEAL
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
NIAL PATEL
DIRECTOR1.00Yes (X)$0$0$0
SONIA PEREZ
DIRECTOR1.00Yes (X)$0$0$0
RONALD PETREE
DIRECTOR1.00Yes (X)$0$0$0
LOULAN PITRE
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
MOLLY QUIRK
DIRECTOR1.00Yes (X)$0$0$0
DAVID ROBERTS
DIRECTOR1.00Yes (X)$0$0$0
KENNETH ROSS
DIRECTOR1.00Yes (X)$0$0$0
GORDON ROUNTREE
DIRECTOR1.00Yes (X)$0$0$0
RENA ROY
DIRECTOR1.00Yes (X)$0$0$0
PHILLIP ROZEMAN
DIRECTOR1.00Yes (X)$0$0$0
DONNA SAURAGE
DIRECTOR1.00Yes (X)$0$0$0
DAVID SHUFFIELD
DIRECTOR1.00Yes (X)$0$0$0
TONY SIMMONS
DIRECTOR1.00Yes (X)$0$0$0
CHRISTEL SLAUGHTER
DIRECTOR1.00Yes (X)$0$0$0
ED SMITH
DIRECTOR1.00Yes (X)$0$0$0
TERRY SPRUILL
DIRECTOR1.00Yes (X)$0$0$0
ERICH STERNBERG
DIRECTOR1.00Yes (X)$0$0$0
TIM STINE
DIRECTOR1.00Yes (X)$0$0$0
DANA STUMPF
DIRECTOR1.00Yes (X)$0$0$0
BRIAN VERRETTE
DIRECTOR1.00Yes (X)$0$0$0
SCOTT VIATOR
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER VOSBURG
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN WAGUESPACK
DIRECTOR1.00Yes (X)$0$0$0
APRIL WEHRS
DIRECTOR1.00Yes (X)$0$0$0
DAVID WELCH
DIRECTOR1.00Yes (X)$0$0$0
JOHN WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM WINDHAM
DIRECTOR1.00Yes (X)$0$0$0
BRENT WOOD
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN WAGUESPACK
PRESIDENT40.00Yes (X)$416,291$0$67,509
WANDA ALLPHIN
VICE PRESIDENT, FINANCE40.00Yes (X)$116,711$0$37,232
CAMILLE CONAWAY
VICE PRESIDENT40.00$150,716$0$33,172Yes (X)
ELENA LACOUR
VICE PRESIDENT40.00$108,821$0$23,444Yes (X)
BRIGITTE NIELAND
VICE PRESIDENT40.00$109,349$0$23,531Yes (X)
JIM PATTERSON
VICE CHAIRMAN40.00$114,976$0$24,079Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,016,864TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$208,967TotalOtherCompensationAmt
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$282,000AllOtherContributionsAmt
Total Contributions$282,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,728,098$1,728,098
CONFERENCES & SEMINARS611430$245,868$245,868
FieldValueIRS element (for citing)
Total Program Service Revenue$1,973,966TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$471,055TotalRevenueColumnAmt
Exclusion$471,055ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$24,175RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$24,175RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,175TotalRevenueColumnAmt
Exclusion$24,175ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMINISTRATIVE REIMBUR561000$611,535$611,535
SPONSORSHIP INCOME900099$22,342$22,342

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,537TotalRevenueColumnAmt
Related Or Exempt Func Income$19,537RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$653,414OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,404,610TotalRevenueColumnAmt
Related Or Exempt Func Income$2,627,380RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$495,230ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$637,743TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,452,467TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$175,247TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$156,029TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$125,866TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,000TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$12,465TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$103,487TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$87,137TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$55,155TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$158,688TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$100,939TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$229,763TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,891TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
FREE ENTERPRISE EXPENSE$255,643
REPAIRS AND MAINTENANCE$43,203
DUES$29,467
EXEC COMMITTEE EXP$3,559

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,470TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,662,219TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$897,857BOYAmt
EOY$1,010,311EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,968BOYAmt
EOY-$1,867EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,291,422LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,750,381LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,762,676BOYAmt
EOY$1,541,041EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,584,505BOYAmt
EOY$2,600,081EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$520,044BOYAmt
EOY$473,608EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$202,940BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,971,990BOYAmt
EOY$5,623,174EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$68,656BOYAmt
EOY$83,356EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,956BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$82,612BOYAmt
EOY$83,356EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,889,378BOYAmt
EOY$5,539,818EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,889,378BOYAmt
EOY$5,539,818EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,971,990BOYAmt
EOY$5,623,174EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$257,609ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$91,952NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1OtherChangesInNetAssetsAmt
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$1,728,098DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$160,268NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$160,268NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$518,429AggregateReportedDuesNtcAmt
Taxable-$358,161TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$294,644OtherCostOrOtherBasisAmt
Book Value$294,644BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,421,835OtherCostOrOtherBasisAmt
Depreciation$1,745,737DepreciationAmt
Book Value$676,098BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,472,132OtherCostOrOtherBasisAmt
Depreciation$906,155DepreciationAmt
Book Value$565,977BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$102,811OtherCostOrOtherBasisAmt
Depreciation$98,489DepreciationAmt
Book Value$4,322BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,541,041TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$473,608BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$473,608TotalBookValueSecuritiesAmt
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$416,291$0$0$0$0$0$0$0$67,509$0$483,800$0$0$0
WANDA ALLPHIN
VICE PRESIDENT, FINANCE$116,711$0$0$0$0$0$0$0$37,232$0$153,943$0$0$0
CAMILLE CONAWAY
VICE PRESIDENT$150,716$0$0$0$0$0$0$0$33,172$0$183,888$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 1.
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$353,564ShareOfTotalIncomeAmt
Share Of EOY Assets$479,453ShareOfEOYAssetsAmt
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$611,535CASH RECEIVED
LABI SERVICE CORPORATION
F$400,000CASH RECEIVED (DIVIDEND)

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