Form 990 for tax year 2023
Filed by GREATER BATON ROUGE ECONOMIC PARTNERSHIP.
Totals
- Total revenue
- $4,908,659
- Total expenses
- $5,859,489
- Contributions and grants received
- $4,432,707
- Grants paid
- $63,841
- Program service revenue
- $249,968
- Investment income
- $225,984
- Other revenue
- $0
- Total assets, end of year
- $5,684,240
- Total liabilities, end of year
- $10,124,897
- Net assets or fund balances, end of year
- -$4,440,657
- 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.
-
1b · Membership dues
$3,380,553
-
1e · Government grants (contributions)
$856,729
-
1f · All other contributions, gifts and grants
$195,425
-
2a · Program service revenue: STRATEGIC COMPETITIVEN
total $173,343 · related or exempt $173,343
-
2b · Program service revenue: ECONOMIC DEVELOPMENT
total $76,625 · related or exempt $76,625
-
3 · Investment income
total $225,984 · related or exempt $219,560 · excluded $6,424
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $63,841
-
5 · Compensation of officers, directors and key employees
total $1,434,660
-
7 · Other salaries and wages
total $1,766,457
-
8 · Pension plan contributions
total $86,835
-
9 · Other employee benefits
total $166,309
-
10 · Payroll taxes
total $215,987
-
11b · Fees: legal
total $17,938
-
11c · Fees: accounting
total $55,646
-
11d · Fees: lobbying
total $110,843
-
11g · Fees: other
total $764,030
-
12 · Advertising and promotion
total $9,974
-
13 · Office expenses
total $174,863
-
14 · Information technology
total $53,018
-
16 · Occupancy
total $75,010
-
17 · Travel
total $72,798
-
18 · Travel or entertainment for public officials
total $8
-
19 · Conferences, conventions and meetings
total $452,664
-
20 · Interest
total $41,616
-
22 · Depreciation, depletion and amortization
total $162,412
-
23 · Insurance
total $37,826
-
24a · Other expenses: BAD DEBT
total $96,754
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $705,815 · end of year $738,538
-
3 · Pledges and grants receivable
beginning of year $92,343 · end of year $406,285
-
4 · Accounts receivable
beginning of year $23,608 · end of year $105,317
-
9 · Prepaid expenses and deferred charges
beginning of year $31,208 · end of year $42,878
-
10a · Land, buildings and equipment: cost or other basis
$4,662,329
-
10b · Land, buildings and equipment: accumulated depreciation
$2,183,764
-
10c · Land, buildings and equipment, net
beginning of year $2,632,895 · end of year $2,478,565
-
12 · Investments: other securities
beginning of year $2,012,751 · end of year $1,892,811
-
14 · Intangible assets
end of year $16,496
-
15 · Other assets
beginning of year $0 · end of year $3,350
-
17 · Accounts payable and accrued expenses
beginning of year $257,928 · end of year $349,996
-
19 · Deferred revenue
beginning of year $121,265 · end of year $124,225
-
24 · Unsecured notes and loans payable
beginning of year $958,878 · end of year $912,108
-
25 · Other liabilities
beginning of year $7,650,376 · end of year $8,738,568
-
27 · Net assets without donor restrictions
beginning of year -$3,489,825 · end of year -$4,440,657
Mission and programs · 2023
Mission
THE MISSION OF THE CHAMBER IS TO PROVIDE LEADERSHIP FOR THE ADVANCEMENT OF ECONOMIC VITALITY AND QUALITY OF LIFE FOR ITS MEMBERS AND THE TOTAL COMMUNITY.
Activities or mission (Part I)
TO PROVIDE LEADERSHIP FOR THE ADVANCEMENT OF ECONOMIC DEVELOPMENT IN THE NINE-PARISH BATON ROUGE AREA.
-
THE BATON ROUGE AREA CHAMBER'S (BRAC) EFFORTS TO LEAD ECONOMIC DEVELOPMENT IN THE NINE-PARISH AREA FOR 2023, WE SECURED $47 MILLION IN NEW ANNUAL PAYROLL FROM 1,200 PERMANENT JOBS WITH 12 PROJECT WINS (THE HIGHEST NUMBER OF PROJECT WINS IN CHAMBER HISTORY) AND $403 MILLION IN CAPITAL EXPENDITURES.
Revenue $76,625
-
BRAC LED INITIATIVES TO IMPROVE OUR STRATEGIC COMPETITIVENESS AS A REGION. THE ORGANIZATION SOUGHT TO PRESERVE PARENT CHOICE AND INCREASE ACCOUNTABILITY WITHIN THE SCHOOL SYSTEM WITH THE OBJECTIVE OF ENSURING THE K-12 SYSTEM PREPARES STUDENTS TO COMPETE WITH THE GLOBAL WORKFORCE. IN THE AREA OF TALENT, BRAC HOSTED OVER NINETY-FOUR EXECUTIVE RECRUITMENT TOURS.
Revenue $173,343
As filed on the 2023 return.
Listed in Part VII
-
Adam KnappADAM KNAPP
PRESIDENT/CEO
- Total calculated
- $304,996
- From this org
- $272,401
- From related orgs
- $0
- Other
- $32,595
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $240,528
- Bonus
- $24,748
- Other
- $7,125
- Deferred
- $14,970
- Nontaxable benefits
- $17,625
- Filer's total
- $304,996
-
Aimee LavespereAIMEE LAVESPERE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Amy ProvinceAMY PROVINCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Anthony KimbleANTHONY KIMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Arthur EwingARTHUR EWING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Bob BartonBOB BARTON
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Bobby HamiltonBOBBY HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Brad HollemanBRAD HOLLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Brian HaymonBRIAN HAYMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Brian KellerBRIAN KELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Chad FosterCHAD FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Chelsey Laborde BlankenshipCHELSEY LABORDE BLANKENSHIP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Chris MeyerCHRIS MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Christy ReevesCHRISTY REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Chuck SpicerCHUCK SPICER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Craig NettervilleCRAIG NETTERVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Crystal KingCRYSTAL KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Dai NguyenDAI NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Darylene PughDARYLENE PUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
David J OldreiveDAVID J OLDREIVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
David MullensDAVID MULLENS
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.3 related
-
Dennis ShieldsDENNIS SHIELDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Ed SilveyED SILVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Edgardo TenreiroEDGARDO TENREIRO
TALENT ACTION COLLABORATIVE COUNCIL CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Eduardo JimenezEDUARDO JIMENEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Eric DexterERIC DEXTER
CHAIR ELECT/OPERATIONS COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Eric ThomasERIC THOMAS
ADVOCACY/LEGISLATIVE COUNCIL CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Erin Monroe WesleyERIN MONROE WESLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Evon RoquemoreEVON ROQUEMORE
DIVERSITY/INCLUSION COUNCI
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Flynn FosterFLYNN FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Helena CunninghamHELENA CUNNINGHAM
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Janet BrittonJANET BRITTON
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Jeff KoonceJEFF KOONCE
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jennifer StrongJENNIFER STRONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Jerold LeboldJEROLD LEBOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Joe SciortinoJOE SCIORTINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
John BlountJOHN BLOUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
John EverettJOHN EVERETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
John Patrick Galloway JrJOHN PATRICK GALLOWAY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Johnny MilazzoJOHNNY MILAZZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Kevin FosterKEVIN FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Kevin HallKEVIN HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Klein KirbyKLEIN KIRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Lee ChastantLEE CHASTANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Mark DrennenMARK DRENNEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Matthew ShoriakMATTHEW SHORIAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Meagan CollmanMEAGAN COLLMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Meg MahoneyMEG MAHONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Melissa CarterMELISSA CARTER
SR VP OF MARKETING
- Total calculated
- $99,708
- From this org
- $83,068
- From related orgs
- $0
- Other
- $16,640
- Hours/week
- 24 + 16 related
-
Michael ButurlaMICHAEL BUTURLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Michelle HardyMICHELLE HARDY
INVESTOR DEVELOPMENT COUNCIL CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Mike NizzoMIKE NIZZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Mike SanchezMIKE SANCHEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Nail PatelNAIL PATEL
SECOND CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Nicholas J DaigleNICHOLAS J DAIGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Quintin TaylorQUINTIN TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Raedtha VasquezRAEDTHA VASQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Ralph BenderRALPH BENDER
BUSINESS DEVELOPMENT ADVIS
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Rene RagasRENE RAGAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Rex CabanissREX CABANISS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Robert M Stuart IIIROBERT M STUART III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Scott McCallisterSCOTT MCCALLISTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Shane SandeferSHANE SANDEFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Shelton Dennis BluntSHELTON DENNIS BLUNT
TREASURER
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Trent BondyTRENT BONDY
QUALITY OF PLACE COUNCIL CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Trey RobertsTREY ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
William DawsonWILLIAM DAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
William SheaWILLIAM SHEA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Willie SmithWILLIE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.3 related
-
Achilles WilliamsACHILLES WILLIAMS
CHIEF FINANCIAL OFFICER
- Total calculated
- $0
- Hours/week
- 24 + 16 related
-
Ann TrappeyANN TRAPPEY
CEO
- Total calculated
- $33,502
- From this org
- $30,835
- From related orgs
- $0
- Other
- $2,667
- Hours/week
- 24 + 16 related
-
Morgan D KastnerMORGAN D KASTNER
SR VP OF MARKETING
- Total calculated
- $106,357
- From this org
- $91,616
- From related orgs
- $0
- Other
- $14,741
- Hours/week
- 24 + 16 related
-
Michael DirestoMICHAEL DIRESTO
EXECUTIVE VICE PRESIDENT
- Total calculated
- $222,754
- From this org
- $194,703
- From related orgs
- $0
- Other
- $28,051
- Hours/week
- 24 + 16 related
Schedule J breakdown matched by us
- Base
- $184,153
- Bonus
- $10,000
- Other
- $550
- Deferred
- $11,949
- Nontaxable benefits
- $16,102
- Filer's total
- $222,754
-
Andrew FitzgeraldANDREW FITZGERALD
SR. VICE PRESIDENT-BUSINES
- Total calculated
- $137,621
- From this org
- $121,335
- From related orgs
- $0
- Other
- $16,286
- Hours/week
- 24 + 16 related
-
Brace GodfreyBRACE GODFREY
SR VP OF POLICY
- Total calculated
- $149,987
- From this org
- $112,606
- From related orgs
- $0
- Other
- $37,381
- Hours/week
- 24 + 16 related
-
Emilia P HenryEMILIA P HENRY
SR VP OF INVESTOR DEVELOPM
- Total calculated
- $164,332
- From this org
- $139,674
- From related orgs
- $0
- Other
- $24,658
- Hours/week
- 24 + 16 related
Schedule J breakdown matched by us
- Base
- $139,124
- Bonus
- $0
- Other
- $550
- Deferred
- $8,530
- Nontaxable benefits
- $16,128
- Filer's total
- $164,332
-
Russell RichardsonRUSSELL RICHARDSON
SR VP OF BUSINESS DEVELOPM
- Total calculated
- $215,403
- From this org
- $188,518
- From related orgs
- $0
- Other
- $26,885
- Hours/week
- 24 + 16 related
Schedule J breakdown matched by us
- Base
- $166,968
- Bonus
- $15,000
- Other
- $6,550
- Deferred
- $10,668
- Nontaxable benefits
- $16,217
- Filer's total
- $215,403
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 · Compensation committee
- 3 · Independent compensation consultant
- 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
-
$25,000
LINDA AND JOHN DAVIES 33 FUND
-
COMMUNITY FOUNDATION REALTY INC
$25,000
MUSIC AND ENTERTAINMENT STUDY PROJECT
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.
-
THE GREATER BATON ROUGE ECONOMIC PARTNERSHIP INC
501(C)(3) · ECONOMIC DEVELOPMENT · LA
-
FUTUREPAC LLC
527 · POLITICAL ACTION COMMITTEE · LA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510349349301266
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