Louisiana Human Resources Development Institute
- Assets
- $4.8k
- Revenue
- $858.5k
- Investments
- $0.0
- Employees
- 12
- Location
- Baton Rouge, LA
- Founding
- 08/1992
- Data as of
- 06/2023
- EIN
- 72-1124184
Organization Overview
Louisiana Human Resources Development Institute, operating under the name LA Human Resources Development Institute, is located in Baton Rouge, LA. The organization was established in 1992. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2023, LA Human Resources Development Institute employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Human Resources Development Institute 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 06/2023, LA Human Resources Development Institute generated $858.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $882.1k during the year ending 06/2023. While expenses have increased by 6.9% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IT IS OUR MISSION TO SUPPORT THE GROWTH AND SUSTAINMENT OF A SKILLED AND TRAINED WORKFORCE THROUGH A STRONG RELATIONSHIP AND EFFECTIVE COORDINATION WITH THE LOUISIANA WORKFORCE COMMISSION THE NETWORK OF BUSINESS CAREER SOLUTIONS CENTERS BUSINESSES ORGANIZED LABOR EDUCATIONAL INSTITUTIONS AND OTHER GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RAPID RESPONSE ACTIVITIES NECESSARY TO PLAN AND DELIVER RE-EMPLOYMENT SERVICES TO ENABLE DISLOCATED WORKERS TO TRANSITION TO EMPLOYMENT AS QUICKLY AS POSSIBLE. RAPID RESPONSE IS A PROACTIVE BUSINESS-FOCUSED AND FLEXIBLE STRATEGY DESIGNED FOR TWO MAJOR PURPOSES: 1 HELP GROWING COMPANIES ACCESS AN AVAILABLE POOL OF SKILLED WORKERS FROM OTHER COMPANIES THAT ARE DOWNSIZING OR WHO HAVE BEEN TRAINED IN THE SKILLS COMPANIES NEED TO BE COMPETITIVE. 2 RESPOND TO LAYOFFS AND PLANT CLOSINGS BY QUICKLY COORDINATING SERVICES AND PROVIDING IMMEDIATE AID TO COMPANIES AND THEIR AFFECTED WORKERS. THE ASSISTANCE INCLUDES PROVIDING CORE INTENSIVE RAPID RESPONSE SERVICES ON A STATEWIDE BASIS AT TIMES AND LOCATIONS DETERMINED BY THE LA WORKFORCE COMMISSION THE EMPLOYER AND THE NEEDS OF THE AFFECTED WORKERS. RAPID RESPONSE IS THE METHOD ENSURING THAT WORKERS FACING POTENTIAL LAYOFFS HAVE ACCESS TO READJUSTMENT SERVICES AT THE EARLIEST MOMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aldryce L Gordon Accounting Manager | Officer | 40 | $62,805 |
Janna Taylor Executive Director | Officer | 40 | $59,273 |
Ed Parker Board President | Officer | 0 | $0 |
Dianne D Babin Board Member | Officer | 0 | $0 |
Brenda Williams Board Member | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $855,346 |
| 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 | $855,346 |
| Total Program Service Revenue | $0 |
| Investment income | $3,157 |
| 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 | $858,503 |
| 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. | $132,649 |
| Compensation of current officers, directors, key employees. | $132,649 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $408,691 |
| Pension plan accruals and contributions | $54,102 |
| Other employee benefits | $168,586 |
| Payroll taxes | $41,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,496 |
| Total functional expenses | $882,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,463 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $304 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,767 |
| Accounts payable and accrued expenses | $25,879 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $25,879 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$22,614 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,502 |
| Total liabilities and net assets/fund balances | $4,767 |