2017-07-18T09:39:17-05:00 2016-12-31 720464428 HAWTHORN WAYMOUTH & CARROLL LLP 8555 UNITED PLAZA BLVD - NO 200 BATON ROUGE LA 708099982 990 2016-01-01 720780313 LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY LOUI 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 STEPHEN WAGUESPACK PRESIDENT 2259285388 2017-07-18 1 CHARLES R PEVEY P00103577 2259233000 2017-07-18 X 64.238.236.82 2017-07-18 09:39:15 CD P 278895DD1BD64ADF6EF2C8F72BC3394FA287CEB7 24DB9DB9FCC50DF6D5BCD28EC401C9A4340FDFD0 2016 2021-01-29 14:40:06Z STEPHEN M WAGUESPACK 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 3404610 0 X WWW.LABI.ORG X 1975 LA TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA 103 103 23 1195 0 0 452000 282000 2327813 1973966 522773 471055 655772 677589 3958358 3404610 0 0 0 0 2624201 2547352 0 0 0 960306 1114867 3584507 3662219 373851 -257609 5971990 5623174 82612 83356 5889378 5539818 TO 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 PROCESSES 0 0 ISSUE 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. 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 6 0 1 23 1 0 0 0 0 0 0 X 103 103 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 JOHN FINAN JR CHAIRMAN 1.00 X X 0 0 0 ART FAVRE VICE CHAIRMAN 1.00 X X 0 0 0 TIM STINE SECRETARY 1.00 X X 0 0 0 SONIA PEREZ TREASURER 1.00 X X 0 0 0 JAMES LAPEYRE JR IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 CLAY ALLEN DIRECTOR 1.00 X 0 0 0 ROBERT ANGELICO DIRECTOR 1.00 X 0 0 0 JOE ARROYO DIRECTOR 1.00 X 0 0 0 JAMES BABST DIRECTOR 1.00 X 0 0 0 BOBBY BAROUSSE DIRECTOR 1.00 X 0 0 0 TERRY BAUGH DIRECTOR 1.00 X 0 0 0 ADRIANNE BAUMGARTNER DIRECTOR 1.00 X 0 0 0 ANDREE BEGNEAUD DIRECTOR 1.00 X 0 0 0 CJ BLACHE DIRECTOR 1.00 X 0 0 0 BOYD BOUDREAUX DIRECTOR 1.00 X 0 0 0 GREG BOWSER DIRECTOR 1.00 X 0 0 0 AYRES BRADFORD DIRECTOR 1.00 X 0 0 0 JANE BROWN DIRECTOR 1.00 X 0 0 0 JS BROWN III DIRECTOR 1.00 X 0 0 0 JAMES BULLIARD DIRECTOR 1.00 X 0 0 0 JAMIE BURGESSS DIRECTOR 1.00 X 0 0 0 JH CAMPBELL JR DIRECTOR 1.00 X 0 0 0 KARL CONNOR DIRECTOR 1.00 X 0 0 0 EMILE CORDARO DIRECTOR 1.00 X 0 0 0 CHRISTOPHER DICHARRY DIRECTOR 1.00 X 0 0 0 MAURA DONAHUE DIRECTOR 1.00 X 0 0 0 EDUARDO DOVAL DIRECTOR 1.00 X 0 0 0 KEITH DUET DIRECTOR 1.00 X 0 0 0 MICHAEL ECHOLS DIRECTOR 1.00 X 0 0 0 DENISE EVANS DIRECTOR 1.00 X 0 0 0 RONALD EVANS DIRECTOR 1.00 X 0 0 0 ART FAVRE DIRECTOR 1.00 X 0 0 0 COURTNEY FENET JR DIRECTOR 1.00 X 0 0 0 WILLIAM FENSTERMAKER DIRECTOR 1.00 X 0 0 0 JOHN FINAN JR DIRECTOR 1.00 X 0 0 0 WAYNE FONTANA DIRECTOR 1.00 X 0 0 0 PATRICK FONTENOT DIRECTOR 1.00 X 0 0 0 JUSTIN FURNACE DIRECTOR 1.00 X 0 0 0 DAVID GAINES DIRECTOR 1.00 X 0 0 0 TODD GREGORY DIRECTOR 1.00 X 0 0 0 LANE GRIGSBY DIRECTOR 1.00 X 0 0 0 GEORGE GUIDRY JR DIRECTOR 1.00 X 0 0 0 GREGORY HAMER DIRECTOR 1.00 X 0 0 0 LESTER HART DIRECTOR 1.00 X 0 0 0 CHRIS HASKEW DIRECTOR 1.00 X 0 0 0 TOM HAWKINS DIRECTOR 1.00 X 0 0 0 MIKE HAYES DIRECTOR 1.00 X 0 0 0 THOMAS ILES DIRECTOR 1.00 X 0 0 0 MICHAEL JOHNSON DIRECTOR 1.00 X 0 0 0 JOHN F JONES DIRECTOR 1.00 X 0 0 0 STEVE JORDAN DIRECTOR 1.00 X 0 0 0 MARK JOSLIN DIRECTOR 1.00 X 0 0 0 J WILLIAM KIGHT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KINSEY DIRECTOR 1.00 X 0 0 0 JAMES LAPEYRE JR DIRECTOR 1.00 X 0 0 0 GARY LITTLEFIELD DIRECTOR 1.00 X 0 0 0 GREG LUNA DIRECTOR 1.00 X 0 0 0 FELICIA MANUEL DIRECTOR 1.00 X 0 0 0 MARTIN MAYER DIRECTOR 1.00 X 0 0 0 MARJORIE MCKEITHEN DIRECTOR 1.00 X 0 0 0 JUDE MELVILLE DIRECTOR 1.00 X 0 0 0 RALPH MILLER DIRECTOR 1.00 X 0 0 0 MIKE MITTERNIGHT DIRECTOR 1.00 X 0 0 0 JESSICA MONROE DIRECTOR 1.00 X 0 0 0 DANNY MONTELARO DIRECTOR 1.00 X 0 0 0 JODY MONTELARO DIRECTOR 1.00 X 0 0 0 SPENCER MURPHY DIRECTOR 1.00 X 0 0 0 MARK MYRTUE DIRECTOR 1.00 X 0 0 0 TOM O'NEAL DIRECTOR 1.00 X 0 0 0 JOHN OVERTON DIRECTOR 1.00 X 0 0 0 RELDON OWENS DIRECTOR 1.00 X 0 0 0 FREDERICK PALMER DIRECTOR 1.00 X 0 0 0 NIAL PATEL DIRECTOR 1.00 X 0 0 0 SONIA PEREZ DIRECTOR 1.00 X 0 0 0 RONALD PETREE DIRECTOR 1.00 X 0 0 0 LOULAN PITRE DIRECTOR 1.00 X 0 0 0 SCOTT POOLE DIRECTOR 1.00 X 0 0 0 E FREDERICK PREIS JR DIRECTOR 1.00 X 0 0 0 ARTHUR PRICE DIRECTOR 1.00 X 0 0 0 MOLLY QUIRK DIRECTOR 1.00 X 0 0 0 DAVID ROBERTS DIRECTOR 1.00 X 0 0 0 KENNETH ROSS DIRECTOR 1.00 X 0 0 0 GORDON ROUNTREE DIRECTOR 1.00 X 0 0 0 RENA ROY DIRECTOR 1.00 X 0 0 0 PHILLIP ROZEMAN DIRECTOR 1.00 X 0 0 0 DONNA SAURAGE DIRECTOR 1.00 X 0 0 0 DAVID SHUFFIELD DIRECTOR 1.00 X 0 0 0 TONY SIMMONS DIRECTOR 1.00 X 0 0 0 CHRISTEL SLAUGHTER DIRECTOR 1.00 X 0 0 0 ED SMITH DIRECTOR 1.00 X 0 0 0 TERRY SPRUILL DIRECTOR 1.00 X 0 0 0 ERICH STERNBERG DIRECTOR 1.00 X 0 0 0 TIM STINE DIRECTOR 1.00 X 0 0 0 DANA STUMPF DIRECTOR 1.00 X 0 0 0 BRIAN VERRETTE DIRECTOR 1.00 X 0 0 0 SCOTT VIATOR DIRECTOR 1.00 X 0 0 0 JENNIFER VOSBURG DIRECTOR 1.00 X 0 0 0 STEPHEN WAGUESPACK DIRECTOR 1.00 X 0 0 0 APRIL WEHRS DIRECTOR 1.00 X 0 0 0 DAVID WELCH DIRECTOR 1.00 X 0 0 0 JOHN WILLIAMS DIRECTOR 1.00 X 0 0 0 WILLIAM WINDHAM DIRECTOR 1.00 X 0 0 0 BRENT WOOD DIRECTOR 1.00 X 0 0 0 STEPHEN WAGUESPACK PRESIDENT 40.00 X 416291 0 67509 WANDA ALLPHIN VICE PRESIDENT, FINANCE 40.00 X 116711 0 37232 CAMILLE CONAWAY VICE PRESIDENT 40.00 X 150716 0 33172 ELENA LACOUR VICE PRESIDENT 40.00 X 108821 0 23444 BRIGITTE NIELAND VICE PRESIDENT 40.00 X 109349 0 23531 JIM PATTERSON VICE CHAIRMAN 40.00 X 114976 0 24079 1016864 0 208967 6 0 1 0 0 282000 282000 MEMBERSHIP DUES 900099 1728098 1728098 CONFERENCES & SEMINARS 611430 245868 245868 1973966 471055 471055 24175 0 24175 24175 24175 ADMINISTRATIVE REIMBUR 561000 611535 611535 SPONSORSHIP INCOME 900099 22342 22342 19537 19537 653414 3404610 2627380 0 495230 637743 1452467 175247 156029 125866 8000 12465 103487 87137 55155 158688 100939 229763 23891 FREE ENTERPRISE EXPENSE 255643 REPAIRS AND MAINTENANCE 43203 DUES 29467 EXEC COMMITTEE EXP 3559 3470 3662219 897857 1010311 3968 -1867 4291422 2750381 1762676 1541041 2584505 2600081 520044 473608 202940 0 5971990 5623174 68656 83356 13956 0 82612 83356 X 5889378 5539818 5889378 5539818 5971990 5623174 X -257609 -91952 1 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1728098 160268 160268 518429 -358161 294644 294644 2421835 1745737 676098 1472132 906155 565977 102811 98489 4322 1541041 473608 C 473608 X PART X, LINE 2: LOUISIANA 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. X 1 1 X X X 0 0 0 STEPHEN WAGUESPACK PRESIDENT 416291 0 0 0 0 0 0 0 67509 0 483800 0 0 0 WANDA ALLPHIN VICE PRESIDENT, FINANCE 116711 0 0 0 0 0 0 0 37232 0 153943 0 0 0 CAMILLE CONAWAY VICE PRESIDENT 150716 0 0 0 0 0 0 0 33172 0 183888 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LABI 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 7A ALL MEMBERS OF LABI ARE ALLOWED TO VOTE IN THE ELECTION OF MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE 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 11B FORM 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 12C THE 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 15 THE 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 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE 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. EASTPAC 3113 VALLEY CREEK DR BATON ROUGE LA 70808 721133851 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 WESTPAC 3113 VALLEY CREEK DR BATON ROUGE LA 70808 721133848 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 NORTHPAC 3113 VALLEY CREEK DR BATON ROUGE LA 70808 721133849 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 SOUTHPAC 3113 VALLEY CREEK DR BATON ROUGE LA 70808 721133846 TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE LA 527 N/A 0 LABI SERVICE CORPORATION 3113 VALLEY CREEK DR BATON ROUGE LA 70808 721021893 PUBLICATIONS,SEMINARS, & SPONSORS A GROUP HEALTH INS PROGRAM LA LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY C 353564 479453 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 LABI SERVICE CORPORATION Q 611535 CASH RECEIVED LABI SERVICE CORPORATION F 400000 CASH RECEIVED (DIVIDEND)