2025-11-04T15:25:51-06:00 2024-12-31 720999988 FAULK & WINKLER LLC 6811 JEFFERSON HIGHWAY BATON ROUGE LA 70806 990 2024-01-01 680526294 BREC FOUNDATION BREC 2252267381 451 FLORIDA STREET SUITE LL 100 BATON ROUGE LA 70801 BOBBY VARNAU TREASURER 2252267381 2025-11-04 1 0 JEREMY KLIBERT P00852016 2259276811 X 2024 2025-03-06 01:10:19Z BOBBY VARNAU 6201 FLORIDA BLVD BATON ROUGE LA 70806 363185 0 X BRECFOUNDATION.ORG X 2002 LA THE MISSION OF BREC FOUNDATION IS TO RAISE FUNDS FOR PARKS AND RECREATION TO BENEFIT THE HEALTH, WELFARE, AND CULTURE FOR ALL CITIZENS AND VISITORS OF EAST BATON ROUGE PARISH. WE ACT AS GOOD STEWARDS OF FUNDS ENTRUSTED TO US BY OUR DONORS AND ABIDE BY THEIR WISHES AND DIRECTIVES. WE FACILITATE AND SUPPORT INNOVATION, SOUND CORPORATE GOVERNANCE, AND THE DEVELOPMENT OF MEANINGFUL PARTNERSHIPS TO FURTHER OUR MISSION AND PROVIDE OPPORTUNITIES TO OUR MEMBERS. 25 25 1 0 0 0 465717 282211 89595 45406 28487 35568 0 0 583799 363185 114294 245660 0 0 189423 82903 0 0 19755 64244 57515 367961 386078 215838 -22893 1184467 1042914 130241 1801 1054226 1041113 X THE MISSION OF BREC FOUNDATION IS TO RAISE FUNDS FOR PARKS AND RECREATION TO BENEFIT THE HEALTH, WELFARE, AND CULTURE FOR ALL CITIZENS AND VISITORS OF EAST BATON ROUGE PARISH. WE ACT AS GOOD STEWARDS OF FUNDS ENTRUSTED TO US BY OUR DONORS AND ABIDE BY THEIR WISHES AND DIRECTIVES. WE FACILITATE AND SUPPORT INNOVATION, SOUND CORPORATE GOVERNANCE, AND THE DEVELOPMENT OF MEANINGFUL PARTNERSHIPS TO FURTHER OUR MISSION AND PROVIDE OPPORTUNITIES TO OUR MEMBERS. 0 0 333392 245660 45406 PROVIDED FUNDS TO THE RECREATIONAL AND PARKS COMMISSION OF THE PARISH OF EAST BATON ROUGE FOR VARIOUS OTHER PROGRAMS AND FACILITIES AT BREC. 333392 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CARL STAGES 2252267381 6201 FLORIDA BLVD BATON ROUGE LA 70806 ZACH CORBIN PRESIDENT 1.00 X X 0 0 0 WILL CHADWICK SECRETARY 1.00 X X 0 0 0 BOBBY VARNAU TREASURER 1.00 X X 0 0 0 ROY HEIDELBERG IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 JEFF ANDRY DIRECTOR 1.00 X 0 0 0 BRAD ALLEN DIRECTOR 1.00 X 0 0 0 MAXINE CORMIER DIRECTOR 1.00 X 0 0 0 JAMES DUTSCHKE DIRECTOR 1.00 X 0 0 0 JAMES GILMORE DIRECTOR 1.00 X 0 0 0 MARCIA BLANCHARD DIRECTOR 1.00 X 0 0 0 ELLEN MCKNIGHT DIRECTOR 1.00 X 0 0 0 SHANE MORRISON DIRECTOR 1.00 X 0 0 0 ADAM PARKER AT LARGE 1.00 X X 0 0 0 JENNIFER GRAVES ROMERO DIRECTOR 1.00 X 0 0 0 JOSH SMITH DIRECTOR 1.00 X 0 0 0 BOBBY VARNAU DIRECTOR 1.00 X 0 0 0 BYRON WASHINGTON DIRECTOR 1.00 X 0 0 0 MARYBETH WILKERSON DIRECTOR 1.00 X 0 0 0 CARL STAGES EXECUTIVE DIRECTOR 40.00 X X 177692 0 0 KATHERINE CRIFASI DIRECTOR 1.00 X 0 0 0 JOHN GRINTON DIRECTOR 1.00 X 0 0 0 LANDON HESTER DIRECTOR 1.00 X 0 0 0 JACOB ROLAND DIRECTOR 1.00 X 0 0 0 MONICA VELA-VICK DIRECTOR 1.00 X 0 0 0 ROSSIE WASHINTON JR DIRECTOR 1.00 X 0 0 0 177692 0 0 1 0 1 0 0 282211 175000 282211 BREC AGREEMENT 900099 45406 45406 45406 10727 10727 24841 0 24841 24841 24841 363185 45406 0 35568 245660 245660 52104 31262 13026 7816 17768 10661 4442 2665 13031 7818 3258 1955 32100 19260 8025 4815 96 58 24 14 9804 9367 273 164 1473 1473 979 614 365 267 160 67 40 2892 1735 723 434 9759 5855 2440 1464 BANK FEES - PROGRAM 139 83 35 21 OTHER EXPENSES 6 4 2 386078 333392 32931 19755 268146 45011 872589 9836 39705 906485 85609 1184467 1042914 130241 1801 130241 1801 X 256558 226789 797668 814324 1054226 1041113 1184467 1042914 -22893 9780 0 X 0 1 X 1 0 X 84898 178202 137921 465717 282211 1148949 135000 146250 300000 89595 45406 716251 219898 324452 437921 555312 327617 1865200 0 0 0 1865200 8730 22982 6441 31278 10727 80158 8730 22982 6441 31278 10727 80158 228628 347434 444362 586590 338344 1945358 0.95880 0.96090 0.04120 0.03910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110618 4445 115063 105553 5065 110618 107666 352 2465 105553 107612 54 107666 689453 31910 135 33074 688424 0 0 0 COMPENSATED ABSENCES 1801 1801 X 395965 9780 23000 32780 363185 0 363185 409078 23000 23000 386078 0 386078 PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED, BY THE INTERNAL REVENUE SERVICE, NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE FOUNDATION RECEIVED ITS LATEST DETERMINATION LETTER ON MARCH 16, 2007, IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE FOUNDATION WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE (IRC). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS UNDERTAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDIT BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION'S FORM 990, RETURN OF FOUNDATION EXEMPT FROM INCOME TAX, FOR THE YEARS 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS. 0 BREC 6201 FLORIDA BLVD BATON ROUGE LA 70806 726015451 245660 0 PHYSICAL IMPROVEMENTS 0 0 0 0 0 0 0 0 0 CARL STAGES EXECUTIVE DIRECTOR 52104 0 0 0 125588 0 0 0 0 0 177692 0 0 0 X 1 175000 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A OFFICERS SHALL BE ELECTED BY THE BOARD OF DIRECTORS AT THE LAST MEETING OF THE CALENDAR YEAR TO SERVE A TERM OF ONE YEAR. NO PERSON SHALL HOLD THE SAME OFFICE FOR MORE THAN TWO CONSECUTIVE TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE FIRST REVIEWS THE 990, FOLLOWED BY THE EXECUTIVE COMMITTEE THEN THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE PERIODICALLY REMINDED OF THE POLICY AT BOARD MEETINGS, AND ARE ENCOURAGED TO REVIEW THE POLICY. IN ADDITION, PRIOR TO ACQUIRING ANY PURCHASED PRODUCTS OR COMPENSATED SERVICES FROM ANY ORGANIZATION IN WHICH A DIRECTOR IS AN OFFICER, DIRECTOR, EMPLOYEE, SHAREHOLDER, MEMBER OR PARTNER, APPROVAL MUST BE OBTAINED FROM THE BOARD AND THE INTERESTED DIRECOTR SHALL NOT PARTICIPATE IN SUCH APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE CONDUCTS EVALUATION OF EXECUTIVE DIRECTOR ANNUALLY; REVIEWS PAST COMPENSATION/BENEFITS; LOOKS OVER SALARY INFORMATION OF LOCAL COMPARABLE NON-PROFIT POSITIONS; SETS SALARY FOR NEXT YEAR AND AWARDS ANY BONUS WHICH IS APPROVED BY BOARD AS BUDGET AMENDMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX RETURNS ARE LISTED ON GUIDESTAR, OTHER ITEMS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURNS ARE LISTED ON GUIDESTAR, OTHER ITEMS ARE AVAILABLE UPON REQUEST. RECREATION AND PARK COMMISSION FOR THE PARISH OF EAST BATON ROUGE (BREC) 6201 FLORIDA BLVD BATON ROUGE LA 70806 726015451 POLITICAL UNIT THAT DEVELOPS, MAINTAINS, AND OPERATES PUBLIC PARK AND LA 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RECREATION AND PARK COMMISSION FOR THE PARISH OF EAST BATON ROUGE (BREC) C 27000 CASH RECREATION AND PARK COMMISSION FOR THE PARISH OF EAST BATON ROUGE (BREC) S 175000 FMV PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS NAME OF RELATED ORGANIZATION: RECREATION AND PARK COMMISSION FOR THE PARISH OF EAST BATON ROUGE (BREC) PRIMARY ACTIVITY: POLITICAL UNIT THAT DEVELOPS, MAINTAINS, AND OPERATES PUBLIC PARK AND RECREATIONAL FACILITIES