2024-05-06T16:25:41-05:00 2023-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2023-01-01 720243878 LOUISIANA BANKERS ASSOCIATION LOUI 2253873282 5555 BANKERS AVENUE BATON ROUGE LA 70808 GINGER LAURENT CEO 2253873282 2024-05-03 1 GINGER LAURENT 999009999 1 MELANIE GAROFALO CPA P01798804 5048355522 2024-04-30 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z GINGER LAURENT 5555 BANKERS AVENUE BATON ROUGE LA 70808 3409110 0 X WWW.LBA.ORG X 1955 LA BANKING EDUCATION AND MEETINGS 14 14 9 0 11133 0 1238216 1291142 1688604 1916487 41520 97171 105366 102185 3073706 3406985 0 0 0 0 1435606 1484036 0 0 0 1432243 1623722 2867849 3107758 205857 299227 6903944 7558150 1280815 1556218 5623129 6001932 THE MISSION OF THE LOUISIANA BANKERS ASSOCIATION IS TO HELP BANKS GROW AND PROSPER IN LOUISIANA. 0 0 2728981 1974339 BANKING CONVENTION, EDUCATIONAL SEMINARS FOR MEMBERS AND THE PUBLIC, JUDICIAL REPRESENTATION ON BANKING MATTERS 7410 33200 MONTHLY BANKING NEWSLETTER AND BIENNIAL BANKING LAW BOOKS 2736391 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 26 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X PHILLIS BOYD 2253873282 5555 BANKERS AVENUE BATON ROUGE LA 70808 JOSEPH QUINLAN CHAIRMAN 3.00 1.00 X X 0 0 0 MICHAEL VIZARD TREASURER 3.00 1.00 X X 0 0 0 BRENT VIDRINE IMMEDIATE PAST CHAIRMAN 3.00 1.00 X X 0 0 0 RONALD FALGOUST BOARD MEMBER 3.00 1.00 X 0 0 0 BRIAN NORTH CHAIRMAN ELECT 3.00 1.00 X X 0 0 0 ANTHONY KIP BERTRAND BOARD MEMBER 3.00 1.00 X 0 0 0 JOHN COLE BOARD MEMBER 3.00 1.00 X 0 0 0 MARK MARIONNEAUX BOARD MEMBER 3.00 1.00 X 0 0 0 JEFF EHLINGER BOARD MEMBER 3.00 1.00 X 0 0 0 TODD MCDONALD BOARD MEMBER 3.00 1.00 X 0 0 0 DARRYL ELLERBEE JR BOARD MEMBER 3.00 1.00 X 0 0 0 SHIVELY VERRETTE AT-LARGE MEMBER 3.00 1.00 X 0 0 0 PAIGE OLIVER BOARD MEMBER 3.00 1.00 X 0 0 0 SAMUEL WILKINSON BOARD MEMBER 3.00 1.00 X 0 0 0 GINGER LAURENT CEO 40.00 X 291427 0 38053 DAVID BONENO LEGAL COUNSEL 40.00 X 210049 0 27539 JOSEPH GENDRON DIRECTOR OF GR 40.00 X 209831 0 27507 PHILLIS BOYD CONTROLLER 40.00 X 140131 0 7003 MARCY MANUEL EDUCATIONAL COORDINATOR 40.00 X 114579 0 5723 966017 0 105825 5 0 1 0 0 1291142 1291142 EDUCATIONAL PROGRAMS 900099 1496777 1496777 CONVENTION 900099 360184 360184 PUBLICATIONS 541800 43950 33200 10750 COMMISSIONS 900099 12253 12253 OTHER PROGRAMS 900099 3323 3323 1916487 97171 97171 2508 2125 383 383 383 MANAGEMENT FEE 900099 101736 101736 MISCELLANEOUS 900099 66 66 101802 3406985 2007539 11133 97171 329480 275643 53837 902823 779631 123192 84422 79000 5422 89732 30756 58976 77579 65840 11739 19032 14044 4988 8732 7410 1322 51401 43618 7783 15533 15533 986497 986497 2609 2609 63404 51995 11409 36704 30837 5867 IWTP VENDORS EXPENSE 126583 126583 BANK COUNSEL EXPENSE 123771 123771 ADMINISTRATIVE EXPENSES 66423 23100 43323 UTILITIES AND MAINTENA 63322 52828 10494 59711 44838 14873 3107758 2736391 371367 0 1427122 1660336 1999940 2255280 41061 61879 330989 321295 44786 31836 2352397 1098704 1178295 1253693 1881751 1973831 6903944 7558150 129737 339421 1141355 1156715 9723 60082 1280815 1556218 X 5623129 6001932 5623129 6001932 6903944 7558150 X 299227 79576 X X 0 1 X 1 0 0 0 1 1134592 211073 211073 215572 -4499 452076 452076 1500378 782924 717454 399943 315780 84163 1253693 ACCRUED INTEREST RECEIVABLE 18944 INVESTMENT IN SUBSIDIARIES 1954887 1973831 CAPITAL LEASE OBLIGATION 60069 INCOME TAX PAYABLE 13 60082 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ALL TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. ANY PENALTIES OR INTEREST WOULD BE RECOGNIZED IN INCOME TAX EXPENSE. X 1 1 X X X 0 0 0 GINGER LAURENT CEO 251050 0 40000 0 377 0 38053 0 0 0 329480 0 0 0 DAVID BONENO LEGAL COUNSEL 179802 0 30000 0 247 0 27539 0 0 0 237588 0 0 0 JOSEPH GENDRON DIRECTOR OF GR 179584 0 30000 0 247 0 27507 0 0 0 237338 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A REGIONAL DIRECTORS SHALL BE ELECTED BY THE ACTIVE MEMBERS AT AN ANNUAL MEETING FROM A SLATE OF NOMINEES SELECTED IN THE FOLLOWING MANNER: LBA WILL SEND A LETTER TO EACH ACTIVE MEMBER IN THE REGION EXPLAINING THE NOMINATING CRITERIA AND ELECTION PROCESS, AS WELL AS THE EXPECTED DUTIES OF A REGIONAL DIRECTOR. THE CURRENT REGIONAL DIRECTOR ENCOURAGES ALL ACTIVE MEMBERS IN THE REGION TO PARTICIPATE IN NOMINATION PROCESS. FOR EACH REGION FROM WHICH A REGIONAL DIRECTOR IS TO BE NOMINATED, A NOMINATING COMMITTEE WILL BE FORMED CONSISTING OF THE CURRENT (OUTGOING) REGIONAL DIRECTOR, WHO SHALL SERVE AS CHAIR, AND THE THREE MOST RECENT PAST DIRECTORS FROM THAT REGION WHO ARE STILL SERVING AS SENIOR OFFICERS OF ACTIVE MEMBERS IN THAT REGION. EACH NOMINATING COMMITTEE SHALL SELECT A NOMINEE AS A CANDIDATE FOR THE REGIONAL DIRECTOR FOR ITS REGION. FORM 990, PART VI, SECTION A, LINE 7B NOMINEES SHALL BE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL AND RECOMMENDATION TO THE ACTIVE MEMBERS FOR ELECTION. ELECTION OF EACH REGIONAL DIRECTOR SHALL BE BY THE ACTIVE MEMBERS AT THE ANNUAL MEETING, FOLLOWING THE TAKING OF ANY NOMINATIONS FROM THE FLOOR. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE COMPLETED FORM 990 IS RECEIVED BY THE ORGANIZATION, IT IS REVIEWED BY STAFF. THE STAFF THEN FINALIZES A DRAFT AND PLACES THE FINAL DRAFT ON THE AGENDA OF THE NEXT SCHEDULED BOARD MEETING. THE BOARD RECEIVES THE FORM 990 ONE WEEK PRIOR TO THE SCHEDULED MEETING IN ORDER FOR TIMELY REVIEW OF DOCUMENTS PRIOR TO THE ACTUAL MEETING. DURING THE MEETING THE RETURN IS FORMALLY APPROVED BY THE BOARD. UPON APPROVAL, THE FORM 990 IS RELEASED FOR SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY TO ENSURE THE ORGANIZATION IS OPERATING IN A MANNER CONSISTENT WITH ITS EXEMPT PURPOSE. THE PERIODIC REVIEWS INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING SUBJECTS: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM WITH THE ORGANIZATION'S WRITTEN POLICIES, ARE RECORDED CORRECTLY, AND REFLECT REASONABLE INVESTMENTS FOR PAYMENTS OF GOODS AND SERVICES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, A BUDGET COMMITTEE COMPRISED OF APPOINTED BOARD MEMBERS IS RESPONSIBLE FOR REVIEWING AND RECOMMENDING TO THE FULL BOARD THE BONUS AND ANNUAL SALARY FOR THE CEO, COO, THE GENERAL COUNSEL, AND THE DIRECTOR OF GOVERNMENT RELATIONS. THE CEO EVALUATES TOP OFFICERS AND RECEIVES BOARD APPROVAL FOR SALARY INCREASES AND FOR BONUSES. THE STATE BANKERS ASSOCIATION SALARY SURVEY IS USED IN REVIEW AND ASSESSMENTS TO DETERMINE INDUSTRY STANDARDS FOR MINIMUM AND MAXIMUM BASE SALARIES. DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNDISTRIBUTED INCOME OF SUBSIDIARIES 79,576. PART XII LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. LOUISIANA BANKERS PATRICK SPENCERFISC EDUCATION FOUNDATION INC 5555 BANKERS AVE BATON ROUGE LA 70808 721478766 BANKING EDUCATION LA 501(C)(3) LINE 11 LOUISIANA BANKERS ASSOCIATION 1 BANKERS BENEFIT OF LOUISIANA INC (BBOL) 5555 BANKERS AVENUE BATON ROUGE LA 70808 721478783 EMPLOYEE BENEFITS/INSURANCE LA LOUISIANA BANKERS ASSOCIATION C 31251 271035 1.00000 1 LOUISIANA BANKERS SERVICE CORPORATION (LBSC) 5555 BANKERS AVENUE BATON ROUGE LA 70808 721478780 BANKING PRODUCTS LA LOUISIANA BANKERS ASSOCIATION C 114304 1006899 1.00000 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 BANKERS BENEFIT OF LOUISIANA A 2508 FMV BANKERS BENEFIT OF LOUISIANA D 246456 FMV ANNUAL COST REIMBURSEMENT BY LBSC N 83277 FMV LOUISIANA BANKERS PATRICK SPENCERFISC EDUCATION FOUNDATION INC D 23134 FMV LOUISIANA BANKERS SERVICE CORPORATION D 51705 FMV ANNUAL COST REIMBURSEMENT BY BBOL N 18459 FMV LOUISIANA BANKERS SERVICE CORPORATION F 40598 FMV BANKERS BENEFIT OF LOUISIANA F 12866 FMV