Louisiana Shrimp Association

Organization Overview

Louisiana Shrimp Association is located in Grand Isle, LA. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Shrimp Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Louisiana Shrimp Association generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $51.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

LSA PROVIDES FUNDS TO THE SOUTHERN SHRIMP ALLIANCE (A COALITION OF STATES WITH SHRIMP INDUSTRIES) WHEN NEEDED TO SEEK "ANTI-DUMPING LEGISLATION". LSA ALSO HAS A PROJECT MANAGER KEEPING TABS ON FEDRAL AND STATE LEGISLATION AFFECTING THE SHRIMP INDUSTRY AND A NEWSLETTER IS ISSUED TO MEMBERS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$250
Total Program Service Revenue$0
Membership dues$40,103
Investment income $31
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$1,000
Total Revenue$41,384

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