Strategic Action Council Ofnorthwest Louisiana Inc is located in Shreveport, LA. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Strategic Action Council Ofnorthwest Louisiana Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strategic Action Council Ofnorthwest Louisiana Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Strategic Action Council Ofnorthwest Louisiana Inc generated $188.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $124.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE COUNCIL IS DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT AND EDUCATION THROUGH THE REGION.
Describe the Organization's Program Activity:
Part 3
THE MINORITY SUPPLIER INSTITUTE ADDRESSES THE INCOME AND OPPORTUNITY GAP THAT BLOCKS ECONOMIC PROGRESS IN NORTHWEST LOUISIANA BY HELPING THE REGION'S MINORITY BUSINESSES GROW AND PROSPER.
THE COMMUNITY DEVELOPMENT COMMITTEE OBTAINS FUNDING AND OVERSEES EFFORTS TO STRENGTHEN THE LOW AND MODERATE INCOME RESIDENTS OF NORTHWEST LOUISIANA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Rockett Board Member | 0 | $0 | |
John Hubbard Board Member | 0 | $0 | |
Vernon Chance Board Member | 0 | $0 | |
Dr Tim Magner Board Member | 0 | $0 | |
Harry Mcinnis Jr Board Member | 0 | $0 | |
Stephanie Barnette Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $188,100 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $188,100 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $76,540 |
Professional fees and other payments to independent contractors | $7,660 |
Occupancy, rent, utilities, and maintenance | $11,010 |
Printing, publications, postage, and shipping | $262 |
Other expenses | $29,270 |
Total expenses | $124,742 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $146,798 |
Other assets | $0 |
Total assets | $147,677 |
Total liabilities | $14,064 |
Net assets or fund balances | $133,613 |
Over the last fiscal year, we have identified 1 grants that Strategic Action Council Ofnorthwest Louisiana Inc has recieved totaling $9,750.
Awarding Organization | Amount |
---|---|
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: FOR THE MINORITY ENTERPRISE LOAN FUND DESIGN AND IMPLEMENTATION WORKPLAN FOR NORTHWEST LOUISIANA | $9,750 |
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