Form 990 for tax year 2023
Filed by LOUISIANA CONSTRUCTION EDUCATION FOUNDATION.
Totals
- Total revenue
- $62,328
- Total expenses
- $116,240
- Contributions and grants received
- $0
- Grants paid
- $60,000
- Program service revenue
- $0
- Investment income
- $62,328
- Other revenue
- $0
- Total assets, end of year
- $3,931,994
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,931,994
- Program services expenses (Part IX)
- $60,000
- Management and general expenses
- $56,240
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $60,000
Program services were 51.6% 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.
-
3 · Investment income
total $62,328 · related or exempt $19 · excluded $62,309
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $60,000 · program services $60,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $33,000 · management and general $33,000
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $19,314 · management and general $19,314
-
11g · Fees: other
total $1,541 · management and general $1,541
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $105 · management and general $105
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $85 · management and general $85
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,195 · management and general $2,195
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $16,905 · end of year $19,998
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,737,965
-
10c · Land, buildings and equipment, net
beginning of year $1,737,965 · end of year $1,737,965
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $2,085,761 · end of year $2,174,031
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,102,666 · end of year $2,194,029
-
28 · Net assets with donor restrictions
beginning of year $1,737,965 · end of year $1,737,965
Mission and programs · 2023
Mission
THE MISSION OF THE LOUISIANA CONSTRUCTION EDUCATION FOUNDATION (LCEF) IS TO SECURE FUNDING AND OTHER RESOURCES NECESSARY TO PROVIDE TRAINING FOR CAREERS IN CONSTRUCTION. THE LCEF WILL PARTNER WITH PUBLIC AND PRIVATE TRAINING ENTITIES THAT SUPPORT LOUISIANA'S CONSTRUCTION.
Activities or mission (Part I)
TO SECURE FUNDING AND OTHER RESOURCES NECESSARY TO PROVIDE TRAINING FOR CAREERS IN CONSTRUCTION.
-
TO CONSTANTLY AND CONSISTENTLY WORK TO IMPROVE EXISTING CONSTRUCTION EDUCATION PROGRAMS AND TO IDENTIFY AND DEVELOP NEW CONSTRUCTION EDUCATION PROGRAMS IN CONSTRUCTION SAFETY AND CRAFT AND SUPERVISORY TRAINING THEREBY INFLUENCING AN INCREASE IN THE NUMBER OF HIGHLY QUALIFIED GRADUATES OF CONSTRUCTION EDUCATION AND TRAINING PROGRAMS. LOUISIANA CONSTRUCTION EDUCATION FOUNDATION WILL FUND AND SUPPORT THE IDENTIFICATION, RESEARCH, PROCUREMENT AND DEPLOYMENT OF NEW AND INNOVATIVE PROGRAMS AND TECHNOLOGY TO DELIVER A WIDE RANGE OF EDUCATIONAL OPPORTUNITIES.
Expenses $60,000 · Grants $60,000
As filed on the 2023 return.
Listed in Part VII
-
David Helveston
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Connie Fabre
President/CEO
- Total calculated
- $0
- Hours/week
- 0.1
-
Norisha Kirts
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Glen Redd
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Ken Naquin
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Art Favre
Past Chair
- Total calculated
- $0
- Hours/week
- 0.1
-
Kathy Trahan
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Kenny Freeman
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Milton Graugnard
Board Chair
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Monty Sullivan
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Kyle Zeringue
Director
- Total calculated
- $0
- Hours/week
- 0.1
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.
Grants on this return
-
Associated Builders & Contrac
$60,000
Scholarships for training
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520349349301872
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