Louisiana Infrastructure Technical Assistance Corporation
- Assets
- $359.9k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Baton Rouge, LA
- Founding
- Data as of
- 12/2023
- EIN
- 92-0692643
Organization Overview
Louisiana Infrastructure Technical Assistance Corporation is located in Baton Rouge, LA. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Infrastructure Technical Assistance Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE TECHNICAL ASSISTANCE AND SUPPORT TO LOUISIANA'S MUNICIPAL AND PARISH GOVERNMENTS IN APPLYING FOR FEDERAL AND STATE FUNDING THROUGH GRANTS, LOANS, AND OTHER AVAILABLE SOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOUISIANA INFRASTRUCTURE TECHNICAL ASSISTANCE CORPORATION (LITACORP), A NONPROFIT ORGANIZATION, WAS ESTABLISHED IN OCTOBER 2022 AS A COLLABORATIVE PARTNERSHIP BETWEEN THE LOUISIANA MUNICIPAL ASSOCIATION (LMA) AND THE POLICE JURY ASSOCIATION OF LOUISIANA (PJAL) TO ADVANCE THREE KEY GOALS: 1.) EQUIP POLITICAL SUBDIVISIONS LOCATED IN RURAL AND ECONOMICALLY DISTRESSED AREAS WITH THE TOOLS AND RESOURCES THEY NEED TO IDENTIFY, APPLY FOR, AND ADMINISTER FEDERAL GRANTS FUNDED THROUGH THE INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA). 2.) MINIMIZE BARRIERS FOR POLITICAL SUBDIVISIONS TO ACCESS FEDERAL RESOURCES BY ASSISTING THEM WITH MEETING LOCAL COST SHARE REQUIREMENTS OF FEDERAL GRANT PROGRAMS FUNDED THROUGH IIJA. 3.) ACQUIRE FEDERAL GRANT FUNDS THROUGH IIJA TO CONSTRUCT, IMPROVE, OR REPAIR PUBLIC INFRASTRUCTURE WATER AND SEWER SYSTEMS, ROADS, BRIDGES, RAILWAYS, PORTS, BROADBAND, ETC. IN RURAL AND ECONOMICALLY DISTRESSED COMMUNITIES THROUGHOUT LOUISIANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Johnson Chairman | OfficerTrustee | 0.2 | $0 |
Eugene Oliver Vice Chairman | OfficerTrustee | 0.2 | $0 |
Jennifer Vidrine Secretary | OfficerTrustee | 0.2 | $0 |
Kenny Haymon Treasurer | OfficerTrustee | 0.2 | $0 |
Guy Cormier Director | Trustee | 0.2 | $0 |
John Gallagher Director | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Franklin Associates Llc Contracted - Consulting | 12/30/23 | $412,453 |
The Holland Group Llc Contracted - Consulting | 12/30/23 | $127,725 |
Hunt Guillot & Associates Llc Contracted - Consulting | 12/30/23 | $177,819 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,500,000 |
| 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 | $1,500,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,500,000 |
| 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. | $183,650 |
| Compensation of current officers, directors, key employees. | $650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,700 |
| Fees for services: Accounting | $46,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $989,798 |
| Advertising and promotion | $7,104 |
| Office expenses | $903 |
| Information technology | $9,644 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $12,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,436 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,296,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,885 |
| 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 | $11,000 |
| 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 | $359,885 |
| Accounts payable and accrued expenses | $236,572 |
| 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 | $236,572 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $123,313 |
| 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 | $359,885 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Park First Dallas, TX | $15,328,548 | $21,746,910 |
National Performance Network Inc New Orleans, LA | $11,045,049 | $7,028,211 |
Louisiana Infrastructure Technical Assistance Corporation Baton Rouge, LA | $359,885 | $1,500,000 |
3 Day Startup Inc Austin, TX | $3,775 | $604,302 |
Carole Kneeland Project For Responsible Television Austin, TX | $769,915 | $154,644 |
Harmony Street Society Baton Rouge, LA | $4,541 | $0 |
Art Launch Houston, TX | $3,898 | $0 |
Houston Accueil Houston, TX | $90,518 | $0 |
Dart Music International Austin, TX | $31 | $0 |