2013-08-08T15:26:11-05:00 2012-12-31 720464428 HAWTHORN WAYMOUTH & CARROLL LLP 8555 UNITED PLAZA BLVD - NO 200 BATON ROUGE LA 708099982 990 2012-01-01 720780313 LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY LOUI 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 DANIEL L JUNEAU 2259285388 2013-08-08 1 CHARLES R PEVEY P00103577 2259233000 2013-08-06 X 2012 2016-02-24 21:20:13Z DANIEL L JUNEAU 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 3133902 0 X WWW.LABI.ORG X 1975 LA TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA 95 94 32 1100 0 0 1805372 316 165435 1939703 778987 684635 491737 509248 3241531 3133902 0 0 0 0 2835795 2962667 0 0 0 599011 633745 3434806 3596412 -193275 -462510 7149791 6663463 99759 75941 7050032 6587522 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 0 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 0 0 1 6 0 1 32 1 0 0 0 0 1 1 0 X 95 94 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2259285388 3113 VALLEY CREEK DRIVE BATON ROUGE LA 70808 DAN JUNEAU 40.00 X X 348125 0 82127 BOBBY BAROUSSE 1.00 X 0 0 0 MAURA DONAHUE 1.00 X 0 0 0 BRENT WOOD 1.00 X 0 0 0 JAMES LAPEYRE 1.00 X 0 0 0 BRADY BAUDIN 1.00 X 0 0 0 BLAKE COOPER 1.00 X 0 0 0 KEN GARDNER 1.00 X 0 0 0 RANDY GILCHRIST 1.00 X 0 0 0 MICHAEL JOHSON 1.00 X 0 0 0 BONNIE LEMOINE 1.00 X 0 0 0 RELDON OWENS 1.00 X 0 0 0 MIKE WOLFF 1.00 X 0 0 0 WILSON BANTA 1.00 X 0 0 0 CJ BLANCHE 1.00 X 0 0 0 JUDE BURSAVICH 1.00 X 0 0 0 JH CAMPBELL JR 1.00 X 0 0 0 SHARON COLE 1.00 X 0 0 0 STEVE DEIST 1.00 X 0 0 0 CHRIS DICHARRY 1.00 X 0 0 0 ANDY DREHER 1.00 X 0 0 0 ART FAVRE 1.00 X 0 0 0 JOHN FINAN 1.00 X 0 0 0 LANE GRIGSBY 1.00 X 0 0 0 GEORGE GUIDRY 1.00 X 0 0 0 RICHARD HALL 1.00 X 0 0 0 STEPHEN HAMILTON 1.00 X 0 0 0 TOM HAWKINS 1.00 X 0 0 0 MICHAEL OLIVER 1.00 X 0 0 0 MOLLY QUIRK 1.00 X 0 0 0 ROB RIEGER 1.00 X 0 0 0 ROBERT YARBOROUGH 1.00 X 0 0 0 BARRY BROUSSARD 1.00 X 0 0 0 STEVE CRISPINO 1.00 X 0 0 0 TRAVIS DAIGLE 1.00 X 0 0 0 HANK DANOS 1.00 X 0 0 0 GREG HAMER 1.00 X 0 0 0 MONICA MASON 1.00 X 0 0 0 JOE SANFORD JR 1.00 X 0 0 0 ADRIANNE BAUMGARTNER 1.00 X 0 0 0 KEITH DUET 1.00 X 0 0 0 TODD GREGORY 1.00 X 0 0 0 ELLIS SAMPSON 1.00 X 0 0 0 WM MCDONALD 1.00 X 0 0 0 KENNETH ROSS 1.00 X 0 0 0 CLAY ALLEN 1.00 X 0 0 0 ANDREE BEGNEAUD 1.00 X 0 0 0 JS BROWN III 1.00 X 0 0 0 JAMES BULLIARD 1.00 X 0 0 0 DARYL BYRD 1.00 X 0 0 0 CR CLOUTIER 1.00 X 0 0 0 GROVER DUNPHY 1.00 X 0 0 0 ANTHONY EMMONS 1.00 X 0 0 0 BILL FENSTERMAKER 1.00 X 0 0 0 BEN JAMES III 1.00 X 0 0 0 ARTHUR PRICE 1.00 X 0 0 0 CAROL ROSS 1.00 X 0 0 0 GORDON ROUNTREE 1.00 X 0 0 0 CLAIRE SIMON 1.00 X 0 0 0 HARTIE SPENCE JR 1.00 X 0 0 0 CHARLES TRENT 1.00 X 0 0 0 DAVID WELCH 1.00 X 0 0 0 GUS ZEPERNICK 1.00 X 0 0 0 COURTNEY FENET JR 1.00 X 0 0 0 LARRY GRAHAM 1.00 X 0 0 0 MIKE HUBER 1.00 X 0 0 0 STEVE JORDAN 1.00 X 0 0 0 GREG LUNA SR 1.00 X 0 0 0 RONNIE PETREE SR 1.00 X 0 0 0 TIM STINE 1.00 X 0 0 0 TERRY BAUGH 1.00 X 0 0 0 WADE BISHOP 1.00 X 0 0 0 CATHY ENGLE 1.00 X 0 0 0 J WILLIAM KIGHT 1.00 X 0 0 0 ROBERT ANGELICO 1.00 X 0 0 0 JOE ARROYO 1.00 X 0 0 0 JAMES BABST 1.00 X 0 0 0 NEIL BUCKINGHAM 1.00 X 0 0 0 KARL CONNOR 1.00 X 0 0 0 RONALD EVANS 1.00 X 0 0 0 PAUL FLOWER 1.00 X 0 0 0 WAYNE FONTANA 1.00 X 0 0 0 RALPH MILLER 1.00 X 0 0 0 MIKE MITTERKNIGHT 1.00 X 0 0 0 DANA MOORE 1.00 X 0 0 0 E FREDERICK PREIS JR 1.00 X 0 0 0 ROBERT STUART JR 1.00 X 0 0 0 STEVE STUMPF 1.00 X 0 0 0 DENISE EVANS 1.00 X 0 0 0 TOM O'NEAL 1.00 X 0 0 0 SCOTT TERRY 1.00 X 0 0 0 ERIC BARKLEY 1.00 X 0 0 0 EMILE CORDARO 1.00 X 0 0 0 CHRIS GORMAN 1.00 X 0 0 0 CHRIS KINSEY 1.00 X 0 0 0 HARRISON SMITH 1.00 X 0 0 0 DENNIS WIMMERT 1.00 X 0 0 0 TERRY SPRUILL 1.00 X 0 0 0 EDUARDO DOVAL 1.00 X 0 0 0 JODY MONTELARO 1.00 X 0 0 0 THOM ILES 1.00 X 0 0 0 VIRGINIA SAWYER 40.00 X 136567 0 14515 JAMES PATTERSON 40.00 X 112146 0 13194 HONIE SMITH 40.00 X 86247 0 10150 HOYT STRAIN 40.00 X 119988 0 23556 EMILY STICH 40.00 X 108867 0 18456 BRIGITTE NIELAND 40.00 X 98682 0 12521 WANDA ALLPHIN 40.00 X 48094 0 5635 KRISTI WILLIAMS 40.00 X 42909 0 0 1101625 0 180154 5 0 1 0 JOHN P LEBLANC 191 CHAPEL LOOP MANDEVILLE LA 70471 LEGISLATIVE CONSULTING 148250 1 316 316 MEMBERSHIP DUES 900099 1736263 1736263 CONFERENCES & SEMINARS 900099 191220 191220 SUBSCRIPTIONS 511120 12220 12220 1939703 684635 684635 900 0 900 900 900 ADMINISTRATIVE REIMBUR 561000 579304 579304 MISCELLANEOUS 900099 7117 7117 INCOME FROM SUBSIDIARY 900099 -78073 -78073 508348 3133902 2448951 0 684635 1101625 1172450 260766 284467 143359 10000 7300 8215 2348 59046 79307 110053 11783 131380 125346 38819 DUES 19621 LIBRARY 14056 BANK CHARGES 12544 MISCELLANEOUS 3927 3596412 250661 89781 494317 124988 5589 78 4222608 2586646 1229455 1635962 4072676 3776287 793619 715547 303474 320820 7149791 6663463 99759 75941 99759 75941 X 7050032 6587522 7050032 6587522 7149791 6663463 -462510 0 X X 0 1 X 1 0 0 0 0 1736263 521999 521999 590330 -68331 294644 294644 2353987 1559924 794063 1573977 1026722 547255 1635962 715547 C 715547 X 3133903 1 1 3133902 0 3133902 3596413 1 1 3596412 0 3596412 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: LABI AND LABI SERVICE CORPORATION HAVE ADOPTED THE REVISED PROVISIONS OF FASB ASC 740, RELATING TO UNCERTAIN INCOME TAX POSITIONS. THESE STANDARDS REQUIRE MANAGMENT TO PERFORM AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THIS EVALUATION IS REQUIRED TO BE PERFORMED FOR ALL OPEN TAX YEARS, AS DEFINED BY THE VARIOUS STATUTES OF LIMITATIONS, FOR FEDERAL AND STATE INCOME TAX PURPOSES. LABI IS REQUIRED TO FILE A FEDERAL INFORMATION RETURN. THE SERVICE CORPORATION IS REQUIRED TO FILE FEDERAL AND STATE CORPORATE INCOME TAX RETURNS. WITH LIMITED EXCEPTIONS, THE TWO ORGANIZATIONS ARE NO LONGER SUBJECT OT INCOME TAX EXAMINATION FOR ANY TAX YEARS EARLIER THAN 2009 FOR FEDERAL AND STATE PURPOSES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL OTHER INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX PROVISIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS.HESE AMOUNTS HAVE HISTORICALLY BEEN INSIGNIFICANT AND ARE CLASSIFIED AS OTHER EXPENSES WHEN THEY OCCUR. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. X 1 1 X X X 0 1 0 DAN JUNEAU 348125 0 0 0 0 0 61013 0 21114 0 430252 0 35000 0 VIRGINIA SAWYER 136567 0 0 0 0 0 7026 0 7489 0 151082 0 0 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 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 THE ORGANIZTION USES THE MODIFIED CASH BASIS OF ACCOUNTING. REVENUE IS RECOGNIZED WHEN RECEIVED AND EXPENSES ARE RECOGNIZED WHEN PAID. THE ORGANIZATION ALSO CAPITALIZES LONG-LIVED ASSETS AND DEPRECIATES THEM OVER THEIR ESTIMATED USEFUL LIVES. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED 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 N/A C 521928 763943 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 LABI SERVICE CORPORATION Q 579304 CASH RECEIVED LABI SERVICE CORPORATION S 600000 CASH RECEIVED (DIVIDEND)