Louisiana Chamber Of Commerce Foundation Inc

Organization Overview

Louisiana Chamber Of Commerce Foundation Inc, operating under the name David St Etienne President, is located in New Orleans, LA. The organization was established in 2019. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David St Etienne President 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 12/2023, David St Etienne President generated $3.1m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 89.3% per year over the past 4 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP DRIVE ECONOMIC GROWTH OF OUR STATE BY EMPOWERING AND SUSTAINING THE NIMORITY BUSINESS COMMUNITY THROUGH THE DEVELOPMENT OF LOCAL MINORITY CHAMBERS AND THEIR MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AN ARRAY OF TECHNICAL ASSISTANCE TO EMERGING CHAMBERS OF COMMERCE IN CITIES ACROSS LOUISIANA, INCLUDING BUT NOT LIMITED TO SHREVEPORT, BATON ROUGE, LAKE CHARLES,AND LAFAYETTE. ASSISTANCE INCLUDE TRAINING OF BOARD GOVERNANCE, COMMUNICATIONS, PROGRAM DEVELOPMENT, FINANCES AND TECHNOLOGY, IN ORDER TO EMPOWER AND SUSTAIN THE MINORITY BUSINESS COMMUNITY. WE HAVE LAUNCHED AND SUPPORTED THE GROWTH OF EIGHT CHAMBERS OF COMMERCE WHICH REPRESENT 900+ MINORITY BUSINESSES, ADVOCATED FOR 95,000+ BLACK-OWNED BUSINESSES ACROSS LOUISIANA, PARTNERED WITH THE LOUISIANA ECONOMIC DEVELOPMENT TO EXTEND THE REACH OF THEIR PROGRAMMING TO SUPPORT LOCAL MINORITY AND RURAL BUSINESSES SINCE 2019 AND WORKED WITH THE LOUISIANA STATE TREASURER TO HT=ELP MAKE AVAILABLE GRANTS FOR BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Musheerah Cambrice
Treasurer
$0
Dr Adrian Conrad
Secretary
$0
David St Etienne
President/ce
$0
Kelisha Garrett
Vice Preside
$0
Corey Jack
Officer
$0
Arkebia Johnson
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,090,549
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$3,090,549
Total Program Service Revenue$0
Investment income $3,709
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 $3,094,258

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