Baton Rouge Area Chamber

Organization Overview

Baton Rouge Area Chamber is located in Baton Rouge, LA. The organization was established in 1942. 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. Baton Rouge Area Chamber 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, Baton Rouge Area Chamber generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $5.1m during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LEADERSHIP FOR THE ADVANCEMENT OF ECONOMIC DEVELOPMENT IN THE NINE-PARISH BATON ROUGE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BATON ROUGE AREA CHAMBER'S (BRAC) EFFORTS TO LEAD ECONOMIC DEVELOPMENT IN THE NINE-PARISH AREA FOR 2022, WE SECURED $50 MILLION IN NEW ANNUAL PAYROLL FROM 1,500 PERMANENT JOBS WITH 20 PROJECT WINS (THE HIGHEST NUMBER OF PROJECT WINS IN CHAMBER HISTORY) AND $10 BILLION IN CAPITAL EXPENDITURES.


BRAC LED INITIATIVES TO IMPROVE OUR STRATEGIC COMPETITIVENESS AS A REGION. THE ORGANIZATION SOUGHT TO PRESERVE PARENT CHOICE AND INCREASE ACCOUNTABILITY WITHIN THE SCHOOL SYSTEM WITH THE OBJECTIVE OF ENSURING THE K-12 SYSTEM PREPARES STUDENTS TO COMPETE WITH THE GLOBAL WORKFORCE. IN THE AREA OF TALENT, BRAC HOSTED OVER NINETY-FOUR EXECUTIVE RECRUITMENT TOURS.


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Board, Officers & Key Employees

Name (title)Compensation
Ralph Bender
Past Chair
$0
Helena Cunningham
Chair
$0
David Mullens
First Chair Elect
$0
Flynn Foster
Business Development Advisory Council
$0
Adam Knapp
President/ceo
$360,262
Raedtha Vasquez
Gen Counsel/director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,160,051
Fundraising events$0
Related organizations$0
Government grants $181,003
All other contributions, gifts, grants, and similar amounts not included above$178,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,519,304
Total Program Service Revenue$1,089,634
Investment income $26,459
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,635,397

Grants Awarded

Over the last fiscal year, Baton Rouge Area Chamber has awarded $60,000 in support to 2 organizations.

Grant RecipientAmount

BATON ROUGE AREA FOUNDATION

PURPOSE: LINDA AND JOHN DAVIES 33 FUND

$10,000

TAYLOR PORTER

PURPOSE: ST. GEORGE LEGAL FUND

$50,000
View Grant Profile

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