2014-10-13T14:33:12-05:00 2013-12-31 720464428 HAWTHORN WAYMOUTH & CARROLL LLP 8555 UNITED PLAZA BLVD - NO 200 BATON ROUGE LA 708099982 990 2013-01-01 720780313 LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY LOUI 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 STEPHEN WAGUESPACK PRESIDENT 2259285388 2014-10-13 1 CHARLES R PEVEY P00103577 2259233000 2014-10-13 X 2013 2015-11-30 17:44:51Z STEPHEN M WAGUESPACK 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 3338102 0 X WWW.LABI.ORG X 1975 LA TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA 96 96 32 1957 0 0 316 20000 1939703 2018475 684635 678232 509248 621395 3133902 3338102 0 0 0 0 2962667 3012347 0 0 0 633745 762245 3596412 3774592 -462510 -436490 6663463 5846149 75941 60702 6587522 5785447 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 1 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 5 0 1 32 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 BOBBY BAROUSSE CHAIRMAN 1.00 X 0 0 0 MAURA DONAHUE VICE CHAIR 1.00 X 0 0 0 BRENT WOOD SECRETARY 1.00 X 0 0 0 JAMES LAPEYRE TREASURER 1.00 X 0 0 0 BLAKE COOPER DIRECTOR 1.00 X 0 0 0 DOUGLAS CURTIS DIRECTOR 1.00 X 0 0 0 DAN FEIBUS DIRECTOR 1.00 X 0 0 0 MICHAEL JOHSON DIRECTOR 1.00 X 0 0 0 BONNIE LEMOINE DIRECTOR 1.00 X 0 0 0 RELDON OWENS DIRECTOR 1.00 X 0 0 0 MIKE WOLFF DIRECTOR 1.00 X 0 0 0 WILSON BANTA DIRECTOR 1.00 X 0 0 0 CJ BLACHE DIRECTOR 1.00 X 0 0 0 BOB HAMM DIRECTOR 1.00 X 0 0 0 JH CAMPBELL JR DIRECTOR 1.00 X 0 0 0 JOHNNY JACOBS DIRECTOR 1.00 X 0 0 0 STEVE DEIST DIRECTOR 1.00 X 0 0 0 CHRIS DICHARRY DIRECTOR 1.00 X 0 0 0 KIRK LANDRY DIRECTOR 1.00 X 0 0 0 ART FAVRE DIRECTOR 1.00 X 0 0 0 JOHN FINAN DIRECTOR 1.00 X 0 0 0 LANE GRIGSBY DIRECTOR 1.00 X 0 0 0 GEORGE GUIDRY DIRECTOR 1.00 X 0 0 0 RICHARD HALL DIRECTOR 1.00 X 0 0 0 STEPHEN HAMILTON DIRECTOR 1.00 X 0 0 0 TOM HAWKINS DIRECTOR 1.00 X 0 0 0 WILLIAM MCELLIGOTT DIRECTOR 1.00 X 0 0 0 MOLLY QUIRK DIRECTOR 1.00 X 0 0 0 ROB RIEGER DIRECTOR 1.00 X 0 0 0 SONIA PEREZ DIRECTOR 1.00 X 0 0 0 BARRY BROUSSARD DIRECTOR 1.00 X 0 0 0 DAWN SHARPE-BRACKETT DIRECTOR 1.00 X 0 0 0 TRAVIS DAIGLE DIRECTOR 1.00 X 0 0 0 HANK DANOS DIRECTOR 1.00 X 0 0 0 GREG HAMER DIRECTOR 1.00 X 0 0 0 MICHAEL SOILEAU DIRECTOR 1.00 X 0 0 0 JOE SANFORD JR DIRECTOR 1.00 X 0 0 0 ADRIANNE BAUMGARTNER DIRECTOR 1.00 X 0 0 0 KEITH DUET DIRECTOR 1.00 X 0 0 0 TODD GREGORY DIRECTOR 1.00 X 0 0 0 CHRISTEL SLAUGHTER DIRECTOR 1.00 X 0 0 0 WM MCDONALD DIRECTOR 1.00 X 0 0 0 KENNETH ROSS DIRECTOR 1.00 X 0 0 0 CLAY ALLEN DIRECTOR 1.00 X 0 0 0 ANDREE BEGNEAUD 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 DARYL BYRD DIRECTOR 1.00 X 0 0 0 CR CLOUTIER DIRECTOR 1.00 X 0 0 0 GROVER DUNPHY DIRECTOR 1.00 X 0 0 0 ANTHONY EMMONS DIRECTOR 1.00 X 0 0 0 BILL FENSTERMAKER DIRECTOR 1.00 X 0 0 0 BEN JAMES III DIRECTOR 1.00 X 0 0 0 ARTHUR PRICE DIRECTOR 1.00 X 0 0 0 CAROL ROSS DIRECTOR 1.00 X 0 0 0 GORDON ROUNTREE DIRECTOR 1.00 X 0 0 0 JOHN WILLIAMS DIRECTOR 1.00 X 0 0 0 HARTIE SPENCE JR DIRECTOR 1.00 X 0 0 0 CHARLES TRENT DIRECTOR 1.00 X 0 0 0 DAVID WELCH DIRECTOR 1.00 X 0 0 0 GUS ZEPERNICK DIRECTOR 1.00 X 0 0 0 COURTNEY FENET JR DIRECTOR 1.00 X 0 0 0 LARRY GRAHAM DIRECTOR 1.00 X 0 0 0 MIKE HUBER DIRECTOR 1.00 X 0 0 0 STEVE JORDAN DIRECTOR 1.00 X 0 0 0 GREG LUNA SR DIRECTOR 1.00 X 0 0 0 RONNIE PETREE SR DIRECTOR 1.00 X 0 0 0 TIM STINE DIRECTOR 1.00 X 0 0 0 TERRY BAUGH DIRECTOR 1.00 X 0 0 0 WADE BISHOP DIRECTOR 1.00 X 0 0 0 J WILLIAM KIGHT 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 NEIL BUCKINGHAM DIRECTOR 1.00 X 0 0 0 KARL CONNOR DIRECTOR 1.00 X 0 0 0 RONALD EVANS 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 RALPH MILLER DIRECTOR 1.00 X 0 0 0 MIKE MITTERNIGHT DIRECTOR 1.00 X 0 0 0 DANA MOORE DIRECTOR 1.00 X 0 0 0 E FREDERICK PREIS JR DIRECTOR 1.00 X 0 0 0 ROBERT STUART JR DIRECTOR 1.00 X 0 0 0 STEVE STUMPF DIRECTOR 1.00 X 0 0 0 DENISE EVANS DIRECTOR 1.00 X 0 0 0 TOM O'NEAL DIRECTOR 1.00 X 0 0 0 ERIC BARKLEY DIRECTOR 1.00 X 0 0 0 EMILE CORDARO DIRECTOR 1.00 X 0 0 0 CHRIS KINSEY DIRECTOR 1.00 X 0 0 0 HARRISON SMITH DIRECTOR 1.00 X 0 0 0 DENNIS WIMMERT DIRECTOR 1.00 X 0 0 0 TERRY SPRUILL DIRECTOR 1.00 X 0 0 0 EDUARDO DOVAL DIRECTOR 1.00 X 0 0 0 JODY MONTELARO DIRECTOR 1.00 X 0 0 0 THOMAS ILES DIRECTOR 1.00 X 0 0 0 WANDA ALLPHIN VICE PRESIDENT 40.00 X 116603 0 2640 BRIAN LANDRY VICE PRESIDENT 40.00 X 81738 0 6450 BRIGITTE NIELAND VICE PRESIDENT 40.00 X 99198 0 1500 MIKE ODOM VICE PRESIDENT 40.00 X 128649 0 0 JIM PATTERSON VICE PRESIDENT 40.00 X 113996 0 1500 KRISTI WILLIAMS VICE PRESIDENT 40.00 X 96964 0 1412 STEPHEN WAGUESPACK PRESIDENT 40.00 X 88621 0 600 EMILY STICH VP OF RESEARCH AND PROGRAMS 40.00 X 110681 0 3542 DAN JUNEAU FORMER PRESIDENT 1.00 X 304396 0 50000 1140846 0 67644 5 1 1 0 JOHN P LEBLANC 191 CHAPEL LOOP MANDEVILLE LA 70471 LEGISLATIVE CONSULTING 151900 1 20000 20000 MEMBERSHIP DUES 900099 1794160 1794160 CONFERENCES & SEMINARS 900099 224315 224315 2018475 678232 678232 4725 0 4725 4725 4725 ADMINISTRATIVE REIMBUR 561000 603711 603711 MISCELLANEOUS 900099 12959 12959 616670 3338102 2635145 0 682957 1152471 1200094 239676 275807 144299 1000 7500 9305 78360 109716 76092 61381 133473 188633 30639 REPAIRS AND MAINTENANCE 39514 DUES 14511 AUTO EXPENSE 9578 EXEC COMMITTEE EXP 2543 3774592 89781 55151 124988 30729 78 2821 4804662 2775279 1635962 2029383 3776287 2884694 715547 505359 320820 338012 6663463 5846149 75941 60702 75941 60702 X 6587522 5785447 6587522 5785447 6663463 5846149 -436490 -365585 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1794160 459145 459145 610014 -150869 294644 294644 2353987 1618253 735734 1705646 707413 998233 450385 449613 772 2029383 505359 C 505359 DEFERRED COMPENSATION 139934 CASH SURRENDER VALUE OF LIFE INSURA 198078 338012 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. 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, 2013. X 1 1 X X X 0 1 0 DAN JUNEAU FORMER PRESIDENT 269396 0 0 0 35000 0 50000 0 0 0 354396 0 35000 0 PART I, LINE 4B DAN JUNEAU $50,000 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 XII, LINE 1: MODIFIED CASH BASIS OF ACCOUNTING FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NTO CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR. 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 389812 520524 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 LABI SERVICE CORPORATION Q 603711 CASH RECEIVED LABI SERVICE CORPORATION S 600000 CASH RECEIVED (DIVIDEND)