2015-11-16T15:38:55-06:00 2014-12-31 720999988 FAULK & WINKLER LLC 6811 JEFFERSON HIGHWAY BATON ROUGE LA 70806 990 2014-01-01 720126959 BATON ROUGE AREA CHAMBER BATO 2253817125 564 LAUREL STREET BATON ROUGE LA 70801 ADAM KNAPP PRESIDENT & CHIEF EXECUTIVE OFFICER 2253817125 2015-11-13 1 JEREMY KLIBERT P00852016 2259276811 X 2014 2016-02-25 16:41:14Z ADAM KNAPP 564 LAUREL STREET BATON ROUGE LA 70801 3415900 0 X WWW.BRAC.ORG X 1948 LA TO PROVIDE LEADERSHIP FOR THE ADVANCEMENT OF ECONOMIC DEVELOPMENT IN THE NINE-PARISH BATON ROUGE AREA. 63 62 41 150 0 0 3126015 3234428 101946 181387 114 85 18385 0 3246460 3415900 14750 16770 0 0 2471896 2942835 0 0 0 913192 888651 3399838 3848256 -153378 -432356 1466740 1523537 1019434 1508587 447306 14950 X THE MISSION OF THE CHAMBER IS TO PROVIDE LEADERSHIP FOR THE ADVANCEMENT OF ECONOMIC VITALITY AND QUALITY OF LIFE FOR ITS MEMBERS AND THE TOTAL COMMUNITY. 0 0 THE BATON ROUGE AREA CHAMBER'S (BRAC) EFFORTS TO LEAD ECONOMIC DEVELOPMENT IN THE NINE-PARISH AREA EXCEEDED GOALS FOR 2014, SECURING $58 MILLION IN NEW ANNUAL PAYROLL FROM 1,104 PERMANENT JOBS WITH 13 PROJECT WINS. IN ADDITION TO RECRUITING AND RETAINING JOBS AND CAPITAL INVESTMENT IN 2014, BRAC COMPLETED 173 VISITS TO EXISTING COMPANIES ACROSS THE REGION. BRAC ACHIEVED CERTIFICATION FOR SEVEN NEW SITES, INCREASING THE REGION'S THREE YEAR TOTAL TO TWENTY-FOUR CERTIFIED SITES - MORE CERTIFIED SITES THAN ANY OTHER METRO IN THE STATE. THESE SUCCESSES LED TO BRAC BEING NAMED ONE OF THE TOP TEN METROS FOR NEW PROJECTS BY SITE SELECTION MAGAZINE FOR ITS EFFORTS IN 2014. BRAC ALSO CONDUCTED LEAD GENERATION, INTERNATIONAL MISSIONS, SITE SELECTOR FAMILIARIZATION TOURS, AND INDUSTRY SECTOR TRADE SHOWS. BRAC LED INITIATIVES TO IMPROVE OUR STRATEGIC COMPETITIVENESS AS A REGION. IN 2014, BRAC SUPPORTED EFFORTS TO RESTRUCTURE THE EBR SCHOOL BOARD, ADVANCE GOVERNMENT CONTRACTING WITH SMALL BUSINESSES, SUPPORT TRANSPORTATION INFRASTRUCTURE PRIORITIES, AND ADVOCATE FOR WORKFORCE SOLUTIONS IN HIGHER EDUCATION. BRAC SUPPORTED THE CREATION OF INNOVATION CATALYST, WHICH IN 2014 RAISED OVER $2 MILLION TO LAUNCH THE CATALYST FUND, A NEW SEED CAPITAL FUND. IN THE AREA OF TALENT, BRAC HOSTED OVER FIFTEEN EXECUTIVE RECRUITMENT TOURS, MAINTAINED A TALENT DATABASE OF OVER FIVE HUNDRED RESUMES, AND PRODUCED TALENT-FOCUSED EVENTS SUCH AS CAPITAL REGION 101 AND A NEW, INTIMATE DINING EXPERIENCE, AROUND THE TABLE. BRAC ALSO DEVELOPED AND LAUNCHED A COMPREHENSIVE WEB PRESENCE FOR THE TALENT DEVELOPMENT PROGRAM, LIVECAPITALIZED.COM, WITH THE GOAL OF INTRODUCING NEWCOMERS TO LIFESTYLE OPTIONS ACROSS THE REGION. BRAC HELD OVER 30 EVENTS IN 2014, RANGING FROM BUSINESS NETWORKING TO EDUCATIONAL PROGRAMS, AND FROM A WEEK-LONG ENTREPRENEURSHIP SUMMIT TO A MAJOR ANNUAL SUMMIT. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 11 0 41 1 0 0 0 0 1 1 0 X 63 62 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ORGANIZATION 2253817150 564 LAUREL STREET BATON ROUGE LA 70801 MICHAEL SONGY CHAIR 1.50 X X 0 0 0 VAN R MAYHALL JR CHAIR-ELECT 1.50 X X 0 0 0 PAT FELDER PAST CHAIR 1.50 X X 0 0 0 LEE JENKINS SECRETARY 1.50 X X 0 0 0 ROBERT SCHNECKENBURGER TREASURER 1.50 X X 0 0 0 PATRICIA MCMURRAY GENERAL COUNSEL 0.30 X 0 0 0 KING ALEXANDER DIRECTOR 0.50 X 0 0 0 LEE CARNEY DIRECTOR 0.50 X 0 0 0 TERI CASSO DIRECTOR 0.50 X 0 0 0 WILLIAM CEFALU DIRECTOR 0.50 X 0 0 0 ASTRID CLEMENTS DIRECTOR 0.50 X 0 0 0 SCOTT WEBSTER DIRECTOR 0.50 X 0 0 0 BARRY KILPATRICK DIRECTOR 0.30 X 0 0 0 JIM ELLIS DIRECTOR 0.50 X 0 0 0 TIM JOHNSON DIRECTOR 0.50 X 0 0 0 STEPHEN LOY DIRECTOR 0.50 X 0 0 0 ANN FORTE' TRAPPEY DIRECTOR 0.50 X 0 0 0 CLAY PINSON DIRECTOR 0.50 X 0 0 0 JOHN SPAIN DIRECTOR 0.50 X 0 0 0 FLYNN FOSTER DIRECTOR 0.50 X 0 0 0 MICHAEL D HUNT DIRECTOR 0.30 X 0 0 0 HUTCH MCCLENDON DIRECTOR 0.30 X 0 0 0 RIC KEARNY DIRECTOR 0.30 X 0 0 0 PHILLIP MEYERS DIRECTOR 0.30 X 0 0 0 CHRIS LOAR DIRECTOR 0.30 X 0 0 0 ANDREA LEWIS MILLER DIRECTOR 0.30 X 0 0 0 FRAN GLADDEN DIRECTOR 0.30 X 0 0 0 TERRY HILL DIRECTOR 0.30 X 0 0 0 DWAYNE HONORE DIRECTOR 0.30 X 0 0 0 MICHAEL HUDSON DIRECTOR 0.30 X 0 0 0 RONALD MASON DIRECTOR 0.30 X 0 0 0 MATTHEW PLAUCHE DIRECTOR 0.30 X 0 0 0 HENRY SCHEXNAYDER DIRECTOR 0.30 X 0 0 0 WILLIAM LOCKWOOD DIRECTOR 0.50 X 0 0 0 STEPHEN TOUPS DIRECTOR 0.30 X 0 0 0 LUTHER WELLS DIRECTOR 0.30 X 0 0 0 THOMAS YURA DIRECTOR 0.30 X 0 0 0 MICHAEL S DEPAUL DIRECTOR 0.30 X 0 0 0 PAUL FAVARON DIRECTOR 0.30 X 0 0 0 TERI FONTENOT DIRECTOR 0.50 X 0 0 0 RALPH BENDER DIRECTOR 0.50 X 0 0 0 MARK NORTHCUTT DIRECTOR 0.50 X 0 0 0 EDUARDO DO VAL DIRECTOR 0.50 X 0 0 0 JOHN OVERTON DIRECTOR 0.50 X 0 0 0 SHANNON BERNARD DIRECTOR 0.30 X 0 0 0 JENNIFER FOWLER DIRECTOR 0.30 X 0 0 0 JOEY LOMBARDO DIRECTOR 0.30 X 0 0 0 JEFFREY MARTIN DIRECTOR 0.30 X 0 0 0 ERIC MCMILLEN DIRECTOR 0.30 X 0 0 0 HUGH RAETZSCH DIRECTOR 0.30 X 0 0 0 MONIQUE SCOTT-SPAULDING DIRECTOR 0.30 X 0 0 0 TEJ SHAH DIRECTOR 0.30 X 0 0 0 MARK SLYTER DIRECTOR 0.30 X 0 0 0 KEITH TILLAGE DIRECTOR 0.30 X 0 0 0 CINDY WALE DIRECTOR 0.30 X 0 0 0 RANDY CANGELOSI DIRECTOR 0.30 X 0 0 0 DENNIS DAWSEY DIRECTOR 0.30 X 0 0 0 DALE DOTY DIRECTOR 0.30 X 0 0 0 CZAINA WALKER DIRECTOR 0.30 X 0 0 0 LEE MEREDITH DIRECTOR 0.30 X 0 0 0 KIM ROBINSON DIRECTOR 0.30 X 0 0 0 JOHN VRANIC DIRECTOR 0.30 X 0 0 0 ADAM L KNAPP PRESIDENT/CEO 38.00 2.00 X X 244849 0 40132 IAIN VASEY EXECUTIVE DIRECTOR OF BUSI 0.00 40.00 X 220945 0 27747 ERIN M WESLEY EXECUTIVE VICE PRESIDENT A 40.00 X 166700 0 32038 MICHAEL DIRESTO SR VP FOR ECON COMP 24.00 16.00 X 117390 0 20966 NADINE DONNER CONTROLLER 40.00 X 118824 0 21227 PHILLIP SMITH STAFF 0.00 40.00 X 112501 0 11601 981209 0 153711 6 0 1 0 0 417833 2816595 3234428 EVENT ADMISSIONS & SPO 900099 161448 161448 STRATEGIC COMPETITIVEN 900099 19939 19939 181387 85 85 3415900 181387 0 85 16770 1010819 1518016 77562 173659 162779 49618 47934 190999 105347 36427 115104 40200 114018 40652 26818 MEMBERSHIP DUES 53169 BAD DEBT EXPENSE 44293 ENTERTAINMENT & HOSTING 21894 AWARDS 2178 3848256 4 896276 812453 679 108955 105368 153224 15872 18314 1487322 1056735 448545 430587 1466740 1523537 203233 276868 453881 297074 362320 934645 1019434 1508587 X 447306 9950 5000 447306 14950 1466740 1523537 -432356 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3234428 291231 291231 388131 -96900 53497 53497 1100229 861817 238412 333596 194918 138678 430587 DUE TO GREATER BATON ROUGE ECONOMIC 934645 934645 X 3962851 546950 546950 3415901 0 3415901 4395206 546950 546950 3848256 0 3848256 PART X, LINE 2: THE CHAMBER FOLLOWS THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE IMPLEMENTATION OF FASB ASC 740 HAD NO IMPACT ON THE STATEMENTS OF FINANCIAL POSITION AND THE STATEMENT OF ACTIVITIES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE CHAMBER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. 0 CAPITAL REGION LEGISLATIVE DELEGATION 3115 OLD FORGE BATON ROUGE LA 70808 5000 TO FURTHER ORGANIZATIONAL GOALS. LOUISIANA INTERNATIONAL FILM FESTIVAL 7117 FLORIDA BLVD BATON ROUGE LA 70806 453653747 501(C)(3) 5000 TO SUPPORT ORGANIZATIONAL ACTIVITIES. 1 X X X X 0 0 0 ADAM L KNAPP PRESIDENT/CEO 228586 0 16263 0 0 0 15176 0 24956 0 284981 0 0 0 IAIN VASEY EXECUTIVE DIRECTOR OF BUSI 220945 0 0 0 0 0 12390 0 15357 0 248692 0 0 0 ERIN M WESLEY EXECUTIVE VICE PRESIDENT A 166700 0 0 0 0 0 10500 0 21538 0 198738 0 0 0 MICHAEL SONGY BOARD MEMBER OF BRAC AND PRESIDENT OF CSRS. 54058 ENGINEERING SERVICES. 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS SENT TO THE BOARD OF DIRECTORS AND REVIEWED BY THE PRESIDENT AND CONTROLLER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY SOLICITING ANNUAL DISCLOSURES AND ENSURING COMPLIANCE AT MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE COMPRISED OF MEMBERS OF THE EXECUTIVE COMMITTEE REVIEWED COMPARABILITY DATA AND INVOLVED INDEPENDENT PERSONS WHEN DETERMINING THE COMPENSATION OF THE PRESIDENT. THE COMPENSATION OF KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT (USING COMPARAILITY DATA) AND IS SUBJECT TO APPROVAL OF THE OPERATING BUDGET BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, TAX RETURNS, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC 564 LAUREL STREET BATON ROUGE LA 70801 721270359 ECONOMIC DEVELOPMENT LA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC N 148632 COST THE GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC O 1325658 COST