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← PELICAN COMMUNITY CAPITAL

Form 990 for tax year 2023

Filed by PELICAN COMMUNITY CAPITAL.

Totals

Total revenue
$312,655
Total expenses
$312,655
Contributions and grants received
$312,655
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$312,655
Total liabilities, end of year
$312,655
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$312,655
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$312,655

Program services were 100.0% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $312,655

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 24a · Other expenses: Project Expenses

    total $312,655 · program services $312,655 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $312,655

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $312,655

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

As a supporting organization of the Baton Rouge Area Foundation, this entity will provide financial and technical support to the State of Louisiana in pursuit of public and private funding necessary to achieve goals for clean energy projects that enhance the well-being of Louisiana citizens and residents.

Activities or mission (Part I)

To provide financial and technical support to the State of Louisiana in its pursuit of public and private funding necessary to achieve goals for clean energy projects that enhance the well-being of Louisiana citizens and residents.

  • To support the Baton Rouge Area Foundation in its charitable purpose with grants and in regards to the acquisition, management, development and disposition of real estate assets.

    Expenses $312,655 · Revenue $312,655

As filed on the 2023 return.

Listed in Part VII

  • Chris Meyer

    President/Director

    Total calculated
    $521,252
    From this org
    $0
    From related orgs
    $443,088
    Other
    $78,164
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,888 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $13,200 related
    Deferred
    $0 + $37,813 related
    Nontaxable benefits
    $0 + $40,351 related
    Filer's total
    $0 + $521,252 related
  • Edmund J Giering IV

    Secretary/Director

    Total calculated
    $295,738
    From this org
    $0
    From related orgs
    $224,112
    Other
    $71,626
    Hours/week
    5 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,254 related
    Bonus
    $0
    Other
    $0 + $24,858 related
    Deferred
    $0 + $46,727 related
    Nontaxable benefits
    $0 + $24,899 related
    Filer's total
    $0 + $295,738 related

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

None.

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.

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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202443209349303369

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