Louisiana Industrial Development Executives Association
- Assets
- $263.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 72-0997882
Organization Overview
Louisiana Industrial Development Executives Association is located in Baton Rouge, LA. The organization was established in 1994. 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 Industrial Development Executives 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 Industrial Development Executives Association generated $80.7k 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 (4.6%) each year. All expenses for the organization totaled $79.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES ITS MEMBERS AND OTHERS WITH OPPORTUNITIES FOR DIALOGUE, EDUCATION, ADVANCEMENT, AND IMPROVEMENT IN INDUSTRIAL AND ECONOMIC DEVELOPMENT IN LA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Villa President | 0 | $0 | |
Larry Collins Past President | 0 | $0 | |
Kim Wallett Director | 0 | $0 | |
Amanda Edge Director | 0 | $0 | |
Grady Fitzpatrick Director | 0 | $0 | |
Ashley Llewellyn Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $37,184 |
| Membership dues | $38,500 |
| Investment income | $61 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,745 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $52,313 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,319 |
| Total expenses | $79,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,786 |
| Other assets | $0 |
| Total assets | $263,036 |
| Total liabilities | $21,100 |
| Net assets or fund balances | $241,936 |