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← LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY

Form 990 for tax year 2024

Filed by LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY.

Totals

Total revenue
$3,112,666
Total expenses
$3,554,520
Contributions and grants received
$50,000
Grants paid
$0
Program service revenue
$2,065,274
Investment income
$270,734
Other revenue
$726,658
Total assets, end of year
$7,492,734
Total liabilities, end of year
$229,758
Net assets or fund balances, end of year
$7,262,976
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1f · All other contributions, gifts and grants

    $50,000

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $1,591,535 · related or exempt $1,591,535

  • 2b · Program service revenue: CONFERENCES & SEMINARS

    total $473,739 · related or exempt $473,739

  • 3 · Investment income

    total $272,077 · excluded $272,077

  • 7b · Less cost or other basis and sales expenses

    other assets $1,343

  • 7c · Gain or loss

    other assets -$1,343

  • 7d · Net gain or loss

    total -$1,343 · excluded -$1,343

  • 11a · Other revenue: ADMINISTRATIVE REIMBUR

    total $547,392 · related or exempt $547,392

  • 11b · Other revenue: MAGAZINE REVENUE

    total $108,493 · unrelated business $108,493

  • 11c · Other revenue: SPONSORSHIP INCOME

    total $28,299 · related or exempt $28,299

  • 11d · All other revenue

    total $42,474 · related or exempt $42,474

  • 11e · Other revenue, total

    $726,658

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $800,868

  • 7 · Other salaries and wages

    total $1,300,772

  • 8 · Pension plan contributions

    total $67,961

  • 9 · Other employee benefits

    total $114,470

  • 10 · Payroll taxes

    total $129,090

  • 11c · Fees: accounting

    total $12,050

  • 11d · Fees: lobbying

    total $3,672

  • 13 · Office expenses

    total $252,495

  • 14 · Information technology

    total $75,282

  • 16 · Occupancy

    total $69,187

  • 17 · Travel

    total $80,968

  • 19 · Conferences, conventions and meetings

    total $262,513

  • 20 · Interest

    total $652

  • 22 · Depreciation, depletion and amortization

    total $237,058

  • 23 · Insurance

    total $40,159

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $59,736

  • 24b · Other expenses: DUES

    total $47,587

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $141,164 · end of year $115,186

  • 2 · Savings and temporary cash investments

    beginning of year $2,140 · end of year $9,918

  • 4 · Accounts receivable

    beginning of year $43,940 · end of year $20,357

  • 10a · Land, buildings and equipment: cost or other basis

    $7,497,608

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,137,365

  • 10c · Land, buildings and equipment, net

    beginning of year $6,587,231 · end of year $6,360,243

  • 11 · Investments: publicly traded securities

    beginning of year $700,444 · end of year $589,401

  • 12 · Investments: other securities

    beginning of year $427,492 · end of year $397,629

  • 17 · Accounts payable and accrued expenses

    beginning of year $75,537 · end of year $79,758

  • 23 · Secured mortgages and notes payable

    beginning of year $105,266 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $7,721,608 · end of year $7,262,976

Mission and programs · 2024

Mission

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

Activities or mission (Part I)

TO IMPROVE THE BUSINESS CLIMATE OF LOUISIANA

  • 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.

As filed on the 2024 return.

Listed in Part VII

  • Tim Stine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terry Baugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom O'Neal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Art Farve

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Angelico

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Arroyo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Aubrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Ballard

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Bobby Barousse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andree Begneaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Camille Ivy-O'Donnell Bentin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Blake Bourgeois

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roger Boyette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ayres Bradford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jessica Breaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tee Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Camerlinck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jh Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Cavell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Blake Chatelain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melanie Clouatre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Camille Conaway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emile Cordaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom Cox

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Kim Cusimano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charles Dabadie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nicole Daigle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Danos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Decuir

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • John Doggett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Donahue

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Eason

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peyton Farr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Fenstermaker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura Ferrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rick Flick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Gaines

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryan Girouard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pamela Granger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katie Graves

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lane Grigsby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • George H Guidry Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Hanks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Calvin Hart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Huval

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Jordan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Kinsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Manard Lagasse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Raymond Lasseigne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Latiolais

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Danna Leblanc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tandra Lemay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura Lyles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Mann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melissa Mann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jude Melville

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Mockler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jody Montelaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deano Orr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Nicaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Overton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Reldon Owens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frederick Palmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ajay Patel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anthony Pope

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Poole

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Teddy Price

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • E Frederick Preis Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Arthur Price

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Rainwater

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Ross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Phillip Rozeman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matt Saurage

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Slade Simons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christel Slaughter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chuck Spicer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bo Staples

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Craig Stevens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Claire Stevenson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dana Stumpf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Drew Tessier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Toups

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelli Troutman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Uffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Usher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Oric Walker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristen Wall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Kent Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Webb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Zanco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wayne Fontana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Barton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lauren Gibbs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Will Green

    PRESIDENT

    Total calculated
    $462,176
    From this org
    $415,655
    From related orgs
    $0
    Other
    $46,521
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,655
    Bonus
    $0
    Other
    $0
    Deferred
    $17,250
    Nontaxable benefits
    $29,271
    Filer's total
    $462,176
  • Wanda Allphin

    CHIEF FINANCIAL OFFICER

    Total calculated
    $155,604
    From this org
    $129,361
    From related orgs
    $0
    Other
    $26,243
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,361
    Bonus
    $0
    Other
    $0
    Deferred
    $6,850
    Nontaxable benefits
    $19,393
    Filer's total
    $155,604
  • James Patterson

    SENIOR VICE PRESIDENT, GOVT RELATIONS

    Total calculated
    $174,004
    From this org
    $156,000
    From related orgs
    $0
    Other
    $18,004
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,000
    Bonus
    $0
    Other
    $0
    Deferred
    $7,900
    Nontaxable benefits
    $10,104
    Filer's total
    $174,004
  • Ashley Gordon

    VICE PRESIDENT, MARKETING & COMMUNICATIONS

    Total calculated
    $160,014
    From this org
    $123,732
    From related orgs
    $0
    Other
    $36,282
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,732
    Bonus
    $0
    Other
    $0
    Deferred
    $7,149
    Nontaxable benefits
    $29,133
    Filer's total
    $160,014
  • Elena Lacour

    VICE PRESIDENT, MEMBER RELATIONS

    Total calculated
    $133,860
    From this org
    $115,507
    From related orgs
    $0
    Other
    $18,353
    Hours/week
    40
  • Lauren Hadden

    VICE PRESIDENT, GENERAL CO

    Total calculated
    $164,193
    From this org
    $156,219
    From related orgs
    $0
    Other
    $7,974
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,219
    Bonus
    $0
    Other
    $0
    Deferred
    $7,311
    Nontaxable benefits
    $663
    Filer's total
    $164,193
  • Patrick Robinson

    VICE PRESIDENT, GOVERNMENT RELATIONS

    Total calculated
    $141,542
    From this org
    $127,113
    From related orgs
    $0
    Other
    $14,429
    Hours/week
    40

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 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

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • EASTPAC

    527 · TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE · LA

  • WESTPAC

    527 · TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE · LA

  • NORTHPAC

    527 · TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE · LA

  • SOUTHPAC

    527 · TO RECRUIT AND ELECT CONSERVATIVE, PRO-BUSINESS CANDIDATES FOR OFFICE · LA

  • LABI FOUNDATION

    501(C)(3) · TO PARTNER WITH BUSINESS LEADERS TO MAXIMIZE LOUISIANA'S ECONOMIC POTENTIAL · LA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • LABI SERVICE CORPORATION

    C · PUBLICATIONS,SEMINARS, & SPONSORS A GROUP HEALTH INS PROGRAM · LA · 100% owned · share of income $220,137 · share of assets $398,355 · controlled entity

    Directly controlled by LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY

Provenance

Return type
form_990
Tax year
2024
Filed
7 August 2025
IRS schema version
2024v5.2
Source object
202502199349300045

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