Form 990 for tax year 2022
Filed by NORTH LOUISIANA ECONOMIC PARTNERSHIP INC.
Totals
- Total revenue
- $3,035,033
- Total expenses
- $2,183,211
- Contributions and grants received
- $2,946,990
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $88,043
- Total assets, end of year
- $2,088,040
- Total liabilities, end of year
- $321,897
- Net assets or fund balances, end of year
- $1,766,143
- Program services expenses (Part IX)
- $1,903,115
- Management and general expenses
- $216,051
- Fundraising expenses
- $64,045
- Program service expenses (Part III)
- $1,903,115
Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$675,494
-
1f · All other contributions, gifts and grants
$2,271,496
-
11a · Other revenue: MISCELLANEOUS INCOME
total $88,043 · excluded $88,043
-
11e · Other revenue, total
$88,043
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $490,500 · program services $416,925 · management and general $73,575
-
7 · Other salaries and wages
total $585,642 · program services $520,668 · management and general $64,974
-
8 · Pension plan contributions
total $77,983 · program services $67,943 · management and general $10,040
-
9 · Other employee benefits
total $62,590 · program services $54,532 · management and general $8,058
-
10 · Payroll taxes
total $60,034 · program services $52,305 · management and general $7,729
-
12 · Advertising and promotion
total $18,248 · program services $18,248
-
13 · Office expenses
total $6,180 · program services $2,038 · management and general $4,142
-
14 · Information technology
total $38,645 · program services $38,645
-
16 · Occupancy
total $21,887 · program services $19,069 · management and general $2,818
-
17 · Travel
total $15,694 · program services $13,670 · management and general $2,024
-
19 · Conferences, conventions and meetings
total $39,678 · program services $39,678
-
22 · Depreciation, depletion and amortization
total $90,879 · program services $79,179 · management and general $11,700
-
23 · Insurance
total $3,746 · management and general $3,746
-
24a · Other expenses: BUSINESS RELATIONS/DEV
total $251,610 · program services $251,610
-
24b · Other expenses: DED TIER I & II CONTRACTS
total $95,242 · program services $95,242
-
24c · Other expenses: PROFESSIONAL SERVICES
total $87,610 · management and general $23,565 · fundraising $64,045
-
24d · Other expenses: OTHER GRANTS
total $64,538 · program services $64,538
-
24e · All other expenses
total $172,505 · program services $168,825 · management and general $3,680
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $478,868 · end of year $1,090,253
-
3 · Pledges and grants receivable
beginning of year $476,249 · end of year $820,619
-
4 · Accounts receivable
beginning of year $11,704 · end of year $16,018
-
9 · Prepaid expenses and deferred charges
beginning of year $17,083 · end of year $31,336
-
10a · Land, buildings and equipment: cost or other basis
$203,052
-
10b · Land, buildings and equipment: accumulated depreciation
$199,470
-
10c · Land, buildings and equipment, net
end of year $3,582
-
15 · Other assets
end of year $126,232
-
17 · Accounts payable and accrued expenses
beginning of year $55,798 · end of year $184,054
-
25 · Other liabilities
end of year $137,843
-
27 · Net assets without donor restrictions
beginning of year $577,501 · end of year $939,677
-
28 · Net assets with donor restrictions
beginning of year $350,605 · end of year $826,466
Mission and programs · 2022
Mission
ECONOMIC DEVELOPMENT ACTIVITIES FOR NORTH LOUISIANA. THE NORTH LOUISIANA ECONOMIC PARTNERSHIP WORKS TO ENSURE THAT COMPANIES IDENTIFY NORTH LOUISIANA AS A DESIRABLE BUSINESS LOCATION AND ENCOURAGES CAPITAL INVESTMENT AND JOB CREATION BY SERVING AS TH LEAD PROMOTER, FACILITATOR, INFORMATION PROVIDER, AND ADOVATE FOR BOTH EXISTING EMPLOYERS AND COMPANIES CONSIDERING THE REGION FOR THE FIRST TIME.
-
THIS IS A NON=-PROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF THE STATE OF LOUISIANA AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERANL REVENUE CODE. ACTIVITIES WITHIN THIS ENTITY ARE PRIMARILY RELATED TO ECONOMIC DEVELOPMENT.
Expenses $1,903,115
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Justyn B DixonJUSTYN B DIXON
PRESIDENT
- Total calculated
- $383,051
- From this org
- $355,500
- From related orgs
- $0
- Other
- $27,551
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $331,500
- Bonus
- not reported
- Other
- $24,000
- Deferred
- $27,551
- Nontaxable benefits
- not reported
- Filer's total
- $383,051
-
Angela WhiteANGELA WHITE
CHIEF OPERAT
- Total calculated
- $145,200
- From this org
- $135,000
- From related orgs
- $0
- Other
- $10,200
- Hours/week
- 40
-
Sheena B BryantSHEENA B BRYANT
EMPLOYEE
- Total calculated
- $108,728
- From this org
- $101,063
- From related orgs
- $0
- Other
- $7,665
- Hours/week
- 40
-
Jerry AllenJERRY ALLEN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Raymond AlleyRAYMOND ALLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Eric BasingerERIC BASINGER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Linda BiernackiLINDA BIERNACKI
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Chap BreardCHAP BREARD
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Lloyd BrownLLOYD BROWN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Christian BurneyCHRISTIAN BURNEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Chad CarterCHAD CARTER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mike CauseyMIKE CAUSEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jack ClampitJACK CLAMPIT
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Charles ColemanCHARLES COLEMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Hardeman CordellHARDEMAN CORDELL
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kevin CrosbyKEVIN CROSBY
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Anne DixonANNE DIXON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Amanda EdgeAMANDA EDGE
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mayor Friday EllisMAYOR FRIDAY ELLIS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Stephen FortsonSTEPHEN FORTSON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jeff HarperJEFF HARPER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tania HilburnTANIA HILBURN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Clay HippCLAY HIPP
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Archer Frierson IIIARCHER FRIERSON III
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
James Moore IIIJAMES MOORE III
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Valarie JamisonVALARIE JAMISON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Bobby JelksBOBBY JELKS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Adam JohnstonADAM JOHNSTON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Rick Bateman JrRICK BATEMAN JR
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kyle KenningtonKYLE KENNINGTON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Greg LottGREG LOTT
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Kyle McInnisKYLE MCINNIS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Earl MeadorDR EARL MEADOR
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mayor O'Landis MillicanMAYOR O'LANDIS MILLICAN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Drew MoutonDREW MOUTON
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Dave NorrisDR DAVE NORRIS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jeff ParkerJEFF PARKER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Michael PastoreMICHAEL PASTORE
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Patrick RamseyPATRICK RAMSEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Steve RandallSTEVE RANDALL
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jackie RichmondJACKIE RICHMOND
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tom SimmsTOM SIMMS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Phillip SmartPHILLIP SMART
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Trey SmithTREY SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Steen TrawickDR STEEN TRAWICK
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Graham WalkerGRAHAM WALKER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303179349302330
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