Form 990 for tax year 2023
Filed by LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY.
Totals
- Total revenue
- $3,188,630
- Total expenses
- $3,329,212
- Contributions and grants received
- $350,000
- Grants paid
- $0
- Program service revenue
- $1,813,617
- Investment income
- $157,321
- Other revenue
- $867,692
- Total assets, end of year
- $7,902,411
- Total liabilities, end of year
- $180,803
- Net assets or fund balances, end of year
- $7,721,608
- 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.
-
1d · Related organizations
$300,000
-
1f · All other contributions, gifts and grants
$50,000
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,349,050 · related or exempt $1,349,050
-
2b · Program service revenue: CONFERENCES & SEMINARS
total $464,567 · related or exempt $464,567
-
3 · Investment income
total $157,321 · excluded $157,321
-
11a · Other revenue: ADMINISTRATIVE REIMBUR
total $479,975 · related or exempt $479,975
-
11b · Other revenue: MAGAZINE REVENUE
total $173,441 · unrelated business $173,441
-
11c · Other revenue: SPONSORSHIP INCOME
total $15,000 · related or exempt $15,000
-
11d · All other revenue
total $199,276 · related or exempt $199,276
-
11e · Other revenue, total
$867,692
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $558,119
-
7 · Other salaries and wages
total $1,276,548
-
8 · Pension plan contributions
total $60,875
-
9 · Other employee benefits
total $89,224
-
10 · Payroll taxes
total $124,759
-
11c · Fees: accounting
total $11,500
-
11d · Fees: lobbying
total $1,023
-
13 · Office expenses
total $279,664
-
14 · Information technology
total $69,744
-
16 · Occupancy
total $40,164
-
17 · Travel
total $47,023
-
19 · Conferences, conventions and meetings
total $270,797
-
20 · Interest
total $10,071
-
22 · Depreciation, depletion and amortization
total $238,888
-
23 · Insurance
total $42,215
-
24a · Other expenses: MISCELLANEOUS
total $71,306
-
24b · Other expenses: CONSULTING
total $70,052
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $49,322
-
24d · Other expenses: DUES
total $17,918
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $123,767 · end of year $141,164
-
2 · Savings and temporary cash investments
beginning of year $3,237 · end of year $2,140
-
4 · Accounts receivable
beginning of year $1,221 · end of year $43,940
-
10a · Land, buildings and equipment: cost or other basis
$7,517,009
-
10b · Land, buildings and equipment: accumulated depreciation
$929,778
-
10c · Land, buildings and equipment, net
beginning of year $6,822,985 · end of year $6,587,231
-
11 · Investments: publicly traded securities
beginning of year $820,283 · end of year $700,444
-
12 · Investments: other securities
beginning of year $335,852 · end of year $427,492
-
17 · Accounts payable and accrued expenses
beginning of year $59,517 · end of year $75,537
-
23 · Secured mortgages and notes payable
beginning of year $307,266 · end of year $105,266
-
27 · Net assets without donor restrictions
beginning of year $7,740,562 · end of year $7,721,608
Mission and programs · 2023
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 2023 return.
Listed in Part VII
-
Tim StineTIM STINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry BaughTERRY BAUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom O'NealTOM O'NEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Art FarveART FARVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert AngelicoROBERT ANGELICO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe ArroyoJOE ARROYO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David AubreyDAVID AUBREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott BallardSCOTT BALLARD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bobby BarousseBOBBY BAROUSSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andree BegneaudANDREE BEGNEAUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Camille Ivy-O'Donnell BentinCAMILLE IVY-O'DONNELL BENTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa BordelonMELISSA BORDELON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ayres BradfordAYRES BRADFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica BreauxJESSICA BREAUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan BrouilletteDAN BROUILLETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tee BrownTEE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jh CampbellJH CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim CarverKIM CARVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David CavellDAVID CAVELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Blake ChatelainBLAKE CHATELAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Camille ConawayCAMILLE CONAWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew ConnollyANDREW CONNOLLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emile CordaroEMILE CORDARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom CoxTOM COX
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kim CusimanoKIM CUSIMANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles DabadieCHARLES DABADIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole DaigleNICOLE DAIGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric DanosERIC DANOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason DecuirJASON DECUIR
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
John DoggettJOHN DOGGETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John DonahueJOHN DONAHUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arthur DupreARTHUR DUPRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael EasonMICHAEL EASON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Meryl Kennedy FarrMERYL KENNEDY FARR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tommy FaucheuxTOMMY FAUCHEUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William FenstermakerWILLIAM FENSTERMAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura FerrellLAURA FERRELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick FlickRICK FLICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David GainesDAVID GAINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan GirouardRYAN GIROUARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tyler GrayTYLER GRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lane GrigsbyLANE GRIGSBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George H Guidry JrGEORGE H GUIDRY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard GuilloryRICHARD GUILLORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike HallMIKE HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryan HanksBRYAN HANKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris HaskewCHRIS HASKEW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy Huggins SrANDY HUGGINS SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HuvalDAVID HUVAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryan JonesBRYAN JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve JordanSTEVE JORDAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher KinseyCHRISTOPHER KINSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Manard LagasseMANARD LAGASSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond LasseigneRAYMOND LASSEIGNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason LatiolaisJASON LATIOLAIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tandra LemayTANDRA LEMAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matthew MannMATTHEW MANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa MannMELISSA MANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jude MelvilleJUDE MELVILLE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Patrick MocklerPATRICK MOCKLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jody MontelaroJODY MONTELARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank NeunerFRANK NEUNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael NicaudMICHAEL NICAUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John OvertonJOHN OVERTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Federick PalmerFEDERICK PALMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ajay PatelAJAY PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd PerryTODD PERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott PooleSCOTT POOLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
E Frederick Preis JrE FREDERICK PREIS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arthur PriceARTHUR PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott RainwaterSCOTT RAINWATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth RossKENNETH ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phillip RozemanPHILLIP ROZEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt SaurageMATT SAURAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nathalie SimonNATHALIE SIMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christel SlaughterCHRISTEL SLAUGHTER
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Chuck SpicerCHUCK SPICER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bo StaplesBO STAPLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig StevensCRAIG STEVENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dana StumpfDANA STUMPF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Drew TessierDREW TESSIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ToupsSTEPHEN TOUPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelli TroutmanKELLI TROUTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Steve UdvarhelyiDR STEVE UDVARHELYI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael UffmanMICHAEL UFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shawn UsherSHAWN USHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Oric WalkerORIC WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristen WallKRISTEN WALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert WebbROBERT WEBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph ZancoJOSEPH ZANCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wayne FontanaWAYNE FONTANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob BartonBOB BARTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lauren GibbsLAUREN GIBBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Will GreenWILL GREEN
PRESIDENT
- Total calculated
- $66,451
- From this org
- $66,451
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Stephen WaguespackSTEPHEN WAGUESPACK
PRESIDENT
- Total calculated
- $166,161
- From this org
- $126,008
- From related orgs
- $0
- Other
- $40,153
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,008
- Bonus
- $0
- Other
- $0
- Deferred
- $6,364
- Nontaxable benefits
- $33,789
- Filer's total
- $166,161
-
Wanda AllphinWANDA ALLPHIN
VICE PRESIDENT, FINANCE
- Total calculated
- $150,243
- From this org
- $126,058
- From related orgs
- $0
- Other
- $24,185
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,058
- Bonus
- $0
- Other
- $0
- Deferred
- $6,834
- Nontaxable benefits
- $17,351
- Filer's total
- $150,243
-
James PattersonJAMES PATTERSON
SENIOR VICE PRESIDENT
- Total calculated
- $175,265
- From this org
- $158,857
- From related orgs
- $0
- Other
- $16,408
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,857
- Bonus
- $0
- Other
- $0
- Deferred
- $8,048
- Nontaxable benefits
- $8,360
- Filer's total
- $175,265
-
Ashley GordonASHLEY GORDON
SENIOR VICE PRESIDENT
- Total calculated
- $140,364
- From this org
- $111,281
- From related orgs
- $0
- Other
- $29,083
- Hours/week
- 40
-
Elena LacourELENA LACOUR
VICE PRESIDENT, MEMBER RELATIONS
- Total calculated
- $127,887
- From this org
- $111,887
- From related orgs
- $0
- Other
- $16,000
- Hours/week
- 40
-
Lauren HaddenLAUREN HADDEN
VICE PRESIDENT, GENERAL COUNSEL
- Total calculated
- $138,720
- From this org
- $133,773
- From related orgs
- $0
- Other
- $4,947
- Hours/week
- 40
-
Andree MillerANDREE MILLER
DIRECTOR OF I/T
- Total calculated
- $141,407
- From this org
- $140,542
- From related orgs
- $0
- Other
- $865
- 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
-
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 $216,640 · share of assets $428,916 · controlled entity
Directly controlled by LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202441929349301104
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