LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY (EIN 72-0780313)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-12
IRS object ID
201542249349301914
Schema version
2014v5.0
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)
Return2015-08-12T11:38:09-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN720780313EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRYBusinessNameLine1Txt
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
Signature2015-08-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES R PEVEYPreparerPersonNm
PTINP00103577PTIN
Phone2259233000PhoneNum
Preparation2015-08-12PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

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$3,571,739GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.LABI.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1975FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO IMPROVE THE BUSINESS CLIMATE OF LOUISIANAActivityOrMissionDesc
Voting Members Governing Body96VotingMembersGoverningBodyCnt
Voting Members Independent96VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers1111TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,000PYContributionsGrantsAmt
CY Contributions Grants$187,500CYContributionsGrantsAmt
PY Program Service Revenue$2,018,475PYProgramServiceRevenueAmt
CY Program Service Revenue$2,317,296CYProgramServiceRevenueAmt
PY Investment Income$678,232PYInvestmentIncomeAmt
CY Investment Income$415,052CYInvestmentIncomeAmt
PY Other Revenue$621,395PYOtherRevenueAmt
CY Other Revenue$651,891CYOtherRevenueAmt
PY Total Revenue$3,338,102PYTotalRevenueAmt
CY Total Revenue$3,571,739CYTotalRevenueAmt
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$3,012,347PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,018,782CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$762,245PYOtherExpensesAmt
CY Other Expenses$908,108CYOtherExpensesAmt
PY Total Expenses$3,774,592PYTotalExpensesAmt
CY Total Expenses$3,926,890CYTotalExpensesAmt
PY Revenues Less Expenses-$436,490PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$355,151CYRevenuesLessExpensesAmt
Total Assets BOY$5,846,149TotalAssetsBOYAmt
Total Assets EOY$5,680,112TotalAssetsEOYAmt
Total Liabilities BOY$60,702TotalLiabilitiesBOYAmt
Total Liabilities EOY$110,032TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,785,447NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,570,080NetAssetsOrFundBalancesEOYAmt
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
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 Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members96GoverningBodyVotingMembersCnt
Independent Voting Member96IndependentVotingMemberCnt
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 (108 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
BOBBY BAROUSSE
DIRECTOR1.00Yes (X)$0$0$0
MAURA DONAHUE
IMMED. PAST CHAIR1.00Yes (X)$0$0$0Yes (X)
BRENT WOOD
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
JAMES LAPEYRE
VICE CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
BLAKE COOPER
DIRECTOR1.00Yes (X)$0$0$0
DOUGLAS CURTIS
DIRECTOR1.00Yes (X)$0$0$0
DAN FEIBUS
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL JOHSON
DIRECTOR1.00Yes (X)$0$0$0
BONNIE LEMOINE
DIRECTOR1.00Yes (X)$0$0$0
RELDON OWENS
DIRECTOR1.00Yes (X)$0$0$0
MIKE WOLFF
DIRECTOR1.00Yes (X)$0$0$0
WILSON BANTA
DIRECTOR1.00Yes (X)$0$0$0
CJ BLACHE
DIRECTOR1.00Yes (X)$0$0$0
BOB HAMM
DIRECTOR1.00Yes (X)$0$0$0
JH CAMPBELL JR
DIRECTOR1.00Yes (X)$0$0$0
JOHNNY JACOBS
DIRECTOR1.00Yes (X)$0$0$0
STEVE DEIST
DIRECTOR1.00Yes (X)$0$0$0
CHRIS DICHARRY
DIRECTOR1.00Yes (X)$0$0$0
KIRK LANDRY
DIRECTOR1.00Yes (X)$0$0$0
ART FAVRE
TREASURER1.00Yes (X)$0$0$0Yes (X)
JOHN FINAN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
LANE GRIGSBY
DIRECTOR1.00Yes (X)$0$0$0
GEORGE GUIDRY
DIRECTOR1.00Yes (X)$0$0$0
JAIMIE BEEMAN
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN HAMILTON
DIRECTOR1.00Yes (X)$0$0$0
TOM HAWKINS
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM MCELLIGOTT
DIRECTOR1.00Yes (X)$0$0$0
MOLLY QUIRK
DIRECTOR1.00Yes (X)$0$0$0
ROB RIEGER
DIRECTOR1.00Yes (X)$0$0$0
SONIA PEREZ
DIRECTOR1.00Yes (X)$0$0$0
BOYD BOUDREAUX
DIRECTOR1.00Yes (X)$0$0$0
AYRES BRADFORD
DIRECTOR1.00Yes (X)$0$0$0
JANE BROWN
DIRECTOR1.00Yes (X)$0$0$0
TONY DAVIS
DIRECTOR1.00Yes (X)$0$0$0
GREG HAMER
DIRECTOR1.00Yes (X)$0$0$0
PATRICK FONTENOT
DIRECTOR1.00Yes (X)$0$0$0
JOE SANFORD JR
DIRECTOR1.00Yes (X)$0$0$0
ADRIANNE BAUMGARTNER
DIRECTOR1.00Yes (X)$0$0$0
KEITH DUET
DIRECTOR1.00Yes (X)$0$0$0
TODD GREGORY
DIRECTOR1.00Yes (X)$0$0$0
CHRISTEL SLAUGHTER
DIRECTOR1.00Yes (X)$0$0$0
WM MCDONALD
DIRECTOR1.00Yes (X)$0$0$0
KENNETH ROSS
DIRECTOR1.00Yes (X)$0$0$0
CLAY ALLEN
DIRECTOR1.00Yes (X)$0$0$0
ANDREE BEGNEAUD
DIRECTOR1.00Yes (X)$0$0$0
JS BROWN III
DIRECTOR1.00Yes (X)$0$0$0
JAMES BULLIARD
DIRECTOR1.00Yes (X)$0$0$0
DARYL BYRD
DIRECTOR1.00Yes (X)$0$0$0
CR CLOUTIER
DIRECTOR1.00Yes (X)$0$0$0
STEVE HEMPERLEY
DIRECTOR1.00Yes (X)$0$0$0
JOHN F JONES
DIRECTOR1.00Yes (X)$0$0$0
BILL FENSTERMAKER
DIRECTOR1.00Yes (X)$0$0$0
BEN JAMES III
DIRECTOR1.00Yes (X)$0$0$0
ARTHUR PRICE
DIRECTOR1.00Yes (X)$0$0$0
CAROL ROSS
DIRECTOR1.00Yes (X)$0$0$0
GORDON ROUNTREE
DIRECTOR1.00Yes (X)$0$0$0
JOHN WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
HARTIE SPENCE JR
DIRECTOR1.00Yes (X)$0$0$0
CHARLES TRENT
DIRECTOR1.00Yes (X)$0$0$0
DAVID WELCH
DIRECTOR1.00Yes (X)$0$0$0
GUS ZEPERNICK
DIRECTOR1.00Yes (X)$0$0$0
COURTNEY FENET JR
DIRECTOR1.00Yes (X)$0$0$0
LOULAN PITRE
DIRECTOR1.00Yes (X)$0$0$0
MIKE HUBER
DIRECTOR1.00Yes (X)$0$0$0
STEVE JORDAN
DIRECTOR1.00Yes (X)$0$0$0
GREG LUNA SR
DIRECTOR1.00Yes (X)$0$0$0
RONNIE PETREE SR
DIRECTOR1.00Yes (X)$0$0$0
TIM STINE
DIRECTOR1.00Yes (X)$0$0$0
TERRY BAUGH
DIRECTOR1.00Yes (X)$0$0$0
WADE BISHOP
DIRECTOR1.00Yes (X)$0$0$0
J WILLIAM KIGHT
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
NEIL BUCKINGHAM
DIRECTOR1.00Yes (X)$0$0$0
KARL CONNOR
DIRECTOR1.00Yes (X)$0$0$0
RONALD EVANS
DIRECTOR1.00Yes (X)$0$0$0
PAUL FLOWER
DIRECTOR1.00Yes (X)$0$0$0
WAYNE FONTANA
DIRECTOR1.00Yes (X)$0$0$0
RALPH MILLER
DIRECTOR1.00Yes (X)$0$0$0
MIKE MITTERNIGHT
DIRECTOR1.00Yes (X)$0$0$0
PAUL A SALLES
DIRECTOR1.00Yes (X)$0$0$0
E FREDERICK PREIS JR
DIRECTOR1.00Yes (X)$0$0$0
DAN SCHMIT
DIRECTOR1.00Yes (X)$0$0$0
STEVE STUMPF
DIRECTOR1.00Yes (X)$0$0$0
DENISE EVANS
DIRECTOR1.00Yes (X)$0$0$0
TOM O'NEAL
DIRECTOR1.00Yes (X)$0$0$0
BRIAN VERRETTE
DIRECTOR1.00Yes (X)$0$0$0
EMILE CORDARO
DIRECTOR1.00Yes (X)$0$0$0
CHRIS KINSEY
DIRECTOR1.00Yes (X)$0$0$0
HARRISON SMITH
DIRECTOR1.00Yes (X)$0$0$0
SCOTT VIATOR
DIRECTOR1.00Yes (X)$0$0$0
DENNIS WIMMERT
DIRECTOR1.00Yes (X)$0$0$0
TERRY SPRUILL
DIRECTOR1.00Yes (X)$0$0$0
EDUARDO DOVAL
DIRECTOR1.00Yes (X)$0$0$0
JODY MONTELARO
DIRECTOR1.00Yes (X)$0$0$0
THOMAS ILES
DIRECTOR1.00Yes (X)$0$0$0
WANDA ALLPHIN
VICE PRESIDENT40.00$116,976$0$3,967Yes (X)
BRIAN LANDRY
VICE PRESIDENT40.00$83,343$0$6,550Yes (X)
BRIGITTE NIELAND
VICE PRESIDENT40.00$108,265$0$3,300Yes (X)
AMY BENTON
VICE PRESIDENT40.00$20,438$0$0Yes (X)
JIM PATTERSON
VICE PRESIDENT40.00$115,496$0$1,500Yes (X)
STEPHEN WAGUESPACK
PRESIDENT40.00$392,347$0$3,600Yes (X)
WILL GREEN
VICE PRESIDENT40.00$86,926$0$0Yes (X)
RENEE AMAR
VICE PRESIDENT40.00$93,851$0$600Yes (X)
COURTNEY BAKER
VICE PRESIDENT40.00$93,540$0$0Yes (X)
CAMILLE CONWAY
VICE PRESIDENT40.00$170,000$0$0Yes (X)
DAN JUNEAU
FORMER PRESIDENT1.00$139,936$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,421,118TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$19,517TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$187,500AllOtherContributionsAmt
Total Contributions$187,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,934,456$1,934,456
CONFERENCES & SEMINARS611430$382,840$382,840
FieldValueIRS element (for citing)
Total Program Service Revenue$2,317,296TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$415,052TotalRevenueColumnAmt
Exclusion$415,052ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$7,225RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$7,225RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,225TotalRevenueColumnAmt
Exclusion$7,225ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMINISTRATIVE REIMBUR561000$630,008$630,008
EDUCATION & WORKFORCE611430$12,239$12,239
MISCELLANEOUS900099$2,419$2,419
FieldValueIRS element (for citing)
Other Revenue Total$644,666OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,571,739TotalRevenueColumnAmt
Related Or Exempt Func Income$2,961,962RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$422,277ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,281,182TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,191,359TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$155,941TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$249,469TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$140,831TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,869TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,500TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$9,815TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$72,174TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$107,964TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$82,060TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$59,495TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$213,669TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$46,564TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$219,459TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,412TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
REPAIRS AND MAINTENANCE$35,590
DUES$12,736
MISCELLANEOUS$3,411
AUTO EXPENSE$2,309

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$81TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,926,890TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$55,151BOYAmt
EOY$110,056EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,729BOYAmt
EOY$111,948EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,821BOYAmt
EOY$3,641EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,949,322LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,994,438LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,029,383BOYAmt
EOY$1,954,884EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,884,694BOYAmt
EOY$2,738,159EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$505,359BOYAmt
EOY$561,021EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$338,012BOYAmt
EOY$200,403EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,846,149BOYAmt
EOY$5,680,112EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$60,702BOYAmt
EOY$67,202EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$42,830EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$60,702BOYAmt
EOY$110,032EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,785,447BOYAmt
EOY$5,570,080EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,785,447BOYAmt
EOY$5,570,080EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,846,149BOYAmt
EOY$5,680,112EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$355,151ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$139,791NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$7OtherChangesInNetAssetsAmt
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$1,934,456DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$462,953NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$462,953NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$657,715AggregateReportedDuesNtcAmt
Taxable-$194,762TaxableAmt

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$1,659,230DepreciationAmt
Book Value$762,605BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,782,458OtherCostOrOtherBasisAmt
Depreciation$885,595DepreciationAmt
Book Value$896,863BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$450,385OtherCostOrOtherBasisAmt
Depreciation$449,613DepreciationAmt
Book Value$772BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,954,884TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$561,021BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$561,021TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
FINANCIAL OBLIGATION$37,880
DUE TO AFFILIATES$4,950
FieldValueIRS element (for citing)
Total Liability$42,830TotalLiabilityAmt
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. GENERALLY, FEDERAL, STATE, AND LOCAL AUTHORITIES MAY EXAMINE THE COMPANY'S TAX RETURNS FOR THREE YEARS FROM THE FILING DATE, AND THE CURRENT AND PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2014.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 PlanYes (1)SupplementalNonqualRtrPlanInd
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$392,347$0$0$0$0$0$0$0$3,600$0$395,947$0$0$0
CAMILLE CONWAY
VICE PRESIDENT$170,000$0$0$0$0$0$0$0$0$0$170,000$0$0$0
DAN JUNEAU
FORMER PRESIDENT$0$0$0$0$139,936$0$0$0$0$0$139,936$0$139,936$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationDAN JUNEAU $139,936ExplanationTxt

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 11FORM 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 -7.
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
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$630,008CASH RECEIVED
LABI SERVICE CORPORATION
F$350,000CASH RECEIVED (DIVIDEND)

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