2016-07-13T10:58:15-05:00 2015-12-31 720464428 HAWTHORN WAYMOUTH & CARROLL LLP 8555 UNITED PLAZA BLVD - NO 200 BATON ROUGE LA 708099982 990 2015-01-01 720780313 LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY LOUI 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 STEPHEN WAGUESPACK PRESIDENT 2259285388 2016-07-13 1 CHARLES R PEVEY P00103577 2259233000 2016-07-08 X 2015 2016-09-27 15:27:22Z STEPHEN M WAGUESPACK 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 3958358 0 X WWW.LABI.ORG X 1975 LA TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA 96 96 24 1000 0 0 187500 452000 2317296 2327813 415052 522773 651891 655772 3571739 3958358 0 0 0 0 3018782 2624201 0 0 0 908108 960306 3926890 3584507 -355151 373851 5680112 5971990 110032 82612 5570080 5889378 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 1 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 4 0 1 24 1 0 0 0 0 1 1 0 X 96 96 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 JAMES LAPEYRE CHAIRMAN 1.00 X X 0 0 0 JOHN FINAN JR VICE CHAIRMAN 1.00 X X 0 0 0 ART FAVRE SECRETARY 1.00 X X 0 0 0 TIM STINE TREASURER 1.00 X X 0 0 0 BRENT WOOD 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 RON BALLMAN 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 NEIL BUCKINGHAM DIRECTOR 1.00 X 0 0 0 JAMES BULLIARD 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 DOUG CURTIS DIRECTOR 1.00 X 0 0 0 TONY DAVIS DIRECTOR 1.00 X 0 0 0 STEVEN DEIST DIRECTOR 1.00 X 0 0 0 JAMIE DELACRUZ 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 DENISE EVANS DIRECTOR 1.00 X 0 0 0 RON ERICKSON DIRECTOR 1.00 X 0 0 0 RONALD EVANS 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 PAUL FLOWER 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 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 STEPHEN HAMILTON DIRECTOR 1.00 X 0 0 0 ROBERT HAMM 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 MIKE HUBER 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 J WILLIAM KIGHT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KINSEY DIRECTOR 1.00 X 0 0 0 KIRK LANDRY DIRECTOR 1.00 X 0 0 0 LENNY LEMOINE 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 WM MCDONALD DIRECTOR 1.00 X 0 0 0 WILLIAM MCELLIGOTT 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 JODY MONTELARO 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 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 ROBERT RIEGER 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 JOE SANFORD JR 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 HARRISON SMITH DIRECTOR 1.00 X 0 0 0 HARTIE SPENCE JR DIRECTOR 1.00 X 0 0 0 TERRY SPRUILL DIRECTOR 1.00 X 0 0 0 DANA STUMPF DIRECTOR 1.00 X 0 0 0 CHARLES TRENT 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 DAVID WELCH DIRECTOR 1.00 X 0 0 0 JOHN WILLIAMS DIRECTOR 1.00 X 0 0 0 HICKS WINTERS DIRECTOR 1.00 X 0 0 0 BRENT WOOD DIRECTOR 1.00 X 0 0 0 STEPHEN WAGUESPACK PRESIDENT 40.00 X 406197 0 72544 WANDA ALLPHIN VICE PRESIDENT, FINANCE 40.00 X 114293 0 37838 COURTNEY BAKER VICE PRESIDENT 40.00 X 101548 0 18922 CAMILLE CONAWAY VICE PRESIDENT 40.00 X 140430 0 17543 ELENA LACOUR VICE PRESIDENT 40.00 X 130957 0 28454 BRIGITTE NIELAND VICE PRESIDENT 40.00 X 114549 0 25343 JIM PATTERSON VICE CHAIRMAN 40.00 X 115496 0 25565 1123470 0 226209 7 0 1 0 0 452000 452000 MEMBERSHIP DUES 900099 1875578 1875578 CONFERENCES & SEMINARS 611430 452235 452235 2327813 522773 522773 11910 0 11910 11910 11910 ADMINISTRATIVE REIMBUR 561000 623731 623731 SPONSORSHIP INCOME 900099 7500 7500 12631 12631 643862 3958358 2971675 0 534683 630872 1535656 178453 153047 126173 775 7700 8452 67250 98508 102043 61039 210293 69741 227166 25046 REPAIRS AND MAINTENANCE 49276 DUES 24932 AUTO EXPENSE 4347 EXEC COMMITTEE EXP 2217 1521 3584507 110056 897857 111948 0 3641 3968 4984280 3221604 1954884 1762676 2738159 2584505 561021 520044 200403 202940 5680112 5971990 67202 68656 42830 13956 110032 82612 X 5570080 5889378 5570080 5889378 5680112 5971990 X 373851 -54554 1 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1875578 404494 404494 562673 -158179 294644 294644 2421835 1702609 719226 1817417 1069382 748035 450384 449613 771 1762676 520044 C 520044 FINANCIAL OBLIGATION 13956 13956 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 406197 0 0 0 0 0 41276 0 31268 0 478741 0 0 0 WANDA ALLPHIN VICE PRESIDENT, FINANCE 114293 0 0 0 0 0 17095 0 20743 0 152131 0 0 0 CAMILLE CONAWAY VICE PRESIDENT 140430 0 0 0 0 0 0 0 17543 0 157973 0 0 0 ELENA LACOUR VICE PRESIDENT 130957 0 0 0 0 0 18181 0 10273 0 159411 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 11 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 409023 536568 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 623731 CASH RECEIVED LABI SERVICE CORPORATION F 450000 CASH RECEIVED (DIVIDEND)