Louisiana Associated General Contractors Inc
- Assets
- $4.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Baton Rouge, LA
- Founding
- 07/1951
- Data as of
- 12/2021
- EIN
- 72-0395279
Organization Overview
Louisiana Associated General Contractors Inc is located in Baton Rouge, LA. The organization was established in 1951. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Louisiana Associated General Contractors Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Associated General Contractors Inc 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 12/2021, Louisiana Associated General Contractors Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEMBERSHIP ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES - THE ASSOCIATION PROVIDES FULL SERVICE TO MEMBERS INCLUDING SAFETY, ENVIRONMENTAL, LABOR, EQUIPMENT SERVICES, THEFT PREVENTION, MAN POWER TRAINING, CONSULTATION, SPECIFICATION PLAN ROOMS, GOVERMENT LIASON, AND POLITICAL ACTION
CONFERENCES AND SPECIAL EVENTS - THE ASSOCIATION OFFERS EDUCATIONAL SEMINARS AND CONFERENCES FOR THE MEMBERSHIP THAT PROVIDES FOR BETTER EDUCATION AND MAKES BETTER CONTRACTORS AND ALSO HOLDS SPECIAL EVENTS, WHICH OPENS UP OPPORTUNITIES FOR SOLICITING AND RETAINING MEMBERS, NEW BUSINESS CONTACTS AND INTERACTION AMONG MEMBERS. A PORTION OF THE PROCEEDS ARE THEN USED TO ASSIST CHARITIES IN THE LOCAL AREA.
HIGHWAY PROMOTION - THE ASSOCIATION PROMOTES AND SERVICES HIGHWAY NEEDS IN THE STATE SUCH AS FUNDING, ROAD CONDITIONS, AND MATERIALS.
SPECIAL LEGAL - THE ASSOCIATION DEFENDS THE PUBLIC BID LAWS AND CONTRACTING LAWS OF THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Naquin CEO / Secretary | Officer | 40 | $154,222 |
Jay Winford President | OfficerTrustee | 0 | $0 |
Shane Kirkpatrick Senior Vice President | OfficerTrustee | 0 | $0 |
Ed Scheuermann Vice President | OfficerTrustee | 0 | $0 |
Jonathan Kernion Immediate Past President | OfficerTrustee | 0 | $0 |
Duane Mizell Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,000 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,000 |
| Total Program Service Revenue | $1,853,510 |
| Investment income | $10,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,000 |
| Net Income from Fundraising Events | -$598 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,066,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $677,463 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $102,545 |
| Payroll taxes | $55,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,150 |
| Fees for services: Accounting | $25,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,000 |
| Advertising and promotion | $0 |
| Office expenses | $6,262 |
| Information technology | $20,817 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $156,416 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,067 |
| Insurance | $20,039 |
| All other expenses | $186,275 |
| Total functional expenses | $1,921,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632,507 |
| Savings and temporary cash investments | $1,266,104 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,538 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,318 |
| Net Land, buildings, and equipment | $2,560,860 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,538,327 |
| Accounts payable and accrued expenses | $71,675 |
| Grants payable | $0 |
| Deferred revenue | $614,220 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $685,895 |
| Net assets without donor restrictions | $3,852,432 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,538,327 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisiana Associated General Contractors Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Contractors Educational Trust Fund Baton Rouge, LA PURPOSE: FUNDS ARE USED FOR SCHOLARSHIPS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Association Of Realtors Austin, TX | $94,503,864 | $29,443,210 |
Arlington Convention & Visitors Bureau Inc Arlington, TX | $3,519,065 | $16,656,136 |
Promotional Products Association International Irving, TX | $24,269,680 | $12,861,271 |
Fort Worth Convention And Visitors Bureau Fort Worth, TX | $6,320,777 | $12,812,000 |
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
Community Development Foundation Tupelo, MS | $26,378,062 | $9,486,414 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |
Abilene Chamber Of Commerce Abilene, TX | $4,194,863 | $4,866,648 |
Greater New Orleans Inc New Orleans, LA | $2,019,283 | $4,542,927 |
Better Business Bureau Of Metropolitan Houston Inc Houston, TX | $4,729,521 | $4,975,179 |