Jefferson Business Council is located in Metairie, LA. The organization was established in 1992. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Jefferson Business Council 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, Jefferson Business Council generated $213.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $183.0k during the year ending 12/2021. While expenses have increased by 1.2% 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
THE PURPOSE OF THE JEFFERSON BUSINESS COUNCIL SHALL BE TO TAKE SUCH ACTION AS (CONT'D ON SCH O) WILL ENCOURAGE, PROMOTE, AND ENHANCE THE ECONOMIC POSTURE, SOCIAL WELFARE, AND ENVIRONMENT OF JEFFERSON PARISH AND RIVER REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JEFFERSON BUSINESS COUNCIL (JBC) IS COMPRISED OF THE PARISH'S MOST INFLUENTIAL AND CIVIC MINDED BUSINESS LEADERS. MEMBERS INCLUDE DISTINGUISHED SMALL BUSINESS OWNERS AND THE CHIEF EXECUTIVES OF THE PARISH'S LARGEST EMPLOYERS WHICH COLLECTIVELY HAVE A TREMENDOUS IMPACT ON THE PARISH'S ECONOMIC HEALTH. OUR DIVERSE MEMBERS RANGE FROM MAJOR BANKS, REGIONAL LAW FIRMS, REAL ESTATE DEVELOPERS, AND MANY OTHER LARGE AND SMALL COMPANIES. THE JBC ACCOMPLISHES ITS MISSION IN TWO WAYS: BY PROVIDING A PROACTIVE FORUM FOR BUSINESSES, AND THROUGH ADVOCACY AND LEADERSHIP. WE FOSTER OPEN, FREQUENT COMMUNICATION BETWEEN THE BUSINESS COMMUNITY AND GOVERNMENT OFFICIALS. AS BUSINESS NEED GOVERNMENT (CONT'D ON SCH O) POLICIES THAT UNLEASH THE STRENGTH OF THE PRIVATE SECTOR, WE ASSIST PARISH LEADERS IN DEVELOPING STRATEGIES FOR ECONOMIC DEVELOPMENT AND GROWTH. THE JBC HAS THE MEMBERS, AGENDA, AND DETERMINATION TO ASSURE THE PROSPERITY OF THE REGION'S LARGEST PARISH. SINCE KATRINA, THE JBC HAS BEEN A PRINCIPAL ADVOCATE FOR THE JEFFERSON EDGE 2020 QUALITY OF LIFE INITIATIVE TO ADDRESS THE PARISH'S MOST CRITICAL ISSUES. THESE INCLUDE FLOOD PROTECTION, CRIME, PUBLIC EDUCATION, HEALTHCARE, BEAUTIFICATION, INSURANCE, ECONOMIC DEVELOPMENT, AND THE REDEVELOPMENT OF FAT CITY. THE JEFFERSON PARISH COUNCIL'S ADOPTION OF THE FAT CITY REDEVELOPEMENT PLAN AND THE DRAMATIC TURNOVER IN THE JEFFERSON PARISH SCHOOL BOARD REFLECT THE EFFECTIVENESS OF THE JBC'S LEADERSHIP. THE JBC DOES NOT ENDORSE CANDIDATES FOR ELECTED OFFICE, BUT OCCASIONALLY WILL HOST OPPORTUNITIES TO MEET AND GREET CANDIDATES. THE JBC PARTICIPATES IN THE SOUTHEAST BUSINESS COALITION WHICH INCLUDES THE BUSINESS COUNCILS OF PLAQUEMINES, ST. BERNARD, ORLEANS, AND ST. TAMMANY PARISHES WITH A FOCUS ON REGIONAL ISSUES SUCH AS THE PORTS, HEALTHCARE AND ARMSTRONG INTERNATIONAL AIRPORT. THE JBC HAS STRONG TIES TO BOTH JEDCO AND GNO INC., AND IS A MEMBER ORGANIZATION OF BLUEPRINT LOUISIANA. GENERAL MEMBERSHIP MEETINGS ARE MONTHLY WITH BI-MONTHLY EXECUTIVE COMMITTEE MEETINGS. COMMITTEES ARE FORMED AS NEEDED. FOR EXAMPLE, OUR LEGISLATURE COMMITTEE MONITORS PENDING STATE AND NATIONAL LEGISLATION AFFECTING BUSINESS, INCLUDING TAX ISSUES. MEMBERS ARE ACTIVE IN MANY ORGANIZATIONS WHICH RANGE FROM THE LOUISIANA RECOVERY AUTHORITY, REGIONAL BUSINESS COUNCIL, BUREAU OF GOVERNMENT RESEARCH, AND A MULTITUDE OF OTHER PROMINENT GOVERNMENT BOARDS, COMMISSIONS, AND BUSINESS ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Coulon Executive Director | Officer | 25 | $116,492 |
E Frederick Preis Secretary | OfficerTrustee | 1 | $0 |
Mark Rosa Treasurer | OfficerTrustee | 1 | $0 |
Eric Bosch Chairman | OfficerTrustee | 5 | $0 |
Philip Rebowe Vice Chairman | OfficerTrustee | 1 | $0 |
James Martin Vice Chairman | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $211,750 |
Investment income | $883 |
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 | $213,633 |
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. | $116,492 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,900 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,245 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,075 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $724 |
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 | $9,256 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $714 |
All other expenses | $750 |
Total functional expenses | $182,988 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $378,328 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $378,328 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $94,500 |
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 | $94,500 |
Net assets without donor restrictions | $0 |
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 | $283,828 |
Total liabilities and net assets/fund balances | $378,328 |
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