2025-11-14T10:39:58-06:00 2024-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2024-01-01 721216797 DIXIE BUSINESS DEVELOPMENT CENTER INC DIXI 2256650809 1814 S RANGE AVENUE B-2 DENHAM SPRINGS LA 70726 WILLIAM JOUBERT EXECUTIVE DIRECTOR 2256650809 2025-10-17 1 1 MATT R WILLIS P00419741 8067473806 2025-10-17 X 2024 2025-03-06 01:10:19Z WILLIAM JOUBERT 1814 S RANGE AVENUE B-2 DENHAM SPRINGS LA 70726 246128 0 X WWW.DIXIEBUSINESSINCUBATOR.ORG X 1992 LA TO ATTRACT AND ASSIST EMERGING BUSINESSES IN THE LOCAL SERVICE AREA BY PROVIDING OFFICE SPACE AND TECHNICAL SERVICES IN AN ENVIRONMENT IN WHICH BUSINESSES CAN DEVELOP, GROW, AND SUCCEED. 8 4 5 0 0 0 33494 14340 240650 229850 0 0 24443 1938 298587 246128 0 0 0 0 87777 97767 0 0 0 137407 176021 225184 273788 73403 -27660 955827 978020 199280 249133 756547 728887 TO ATTRACT AND ASSIST EMERGING BUSINESSES IN THE LOCAL SERVICE AREA BY PROVIDING OFFICE SPACE AND TECHNICAL SERVICES IN AN ENVIRONMENT IN WHICH BUSINESSES CAN DEVELOP, GROW, AND SUCCEED. 0 0 189238 231788 PROVIDED OFFICE SPACE AND SHARED SERVICES TO DEVELOPING SMALL BUSINESSES IN A RURAL AREA. 189238 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 10 0 5 1 0 0 0 0 0 0 0 0 X 8 4 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 X WILLIAM JOUBERT 2256650809 1814 S RANGE AVENUE STE B-2 DENHAM SPRINGS LA 70726 RANDALL PIERCE DIRECTOR 1.00 50.00 X 0 493834 158841 LESLIE FALKS SECRETARY/TREASURER 2.00 4.80 X X 0 40995 0 RICHARD SITMAN PRESIDENT 2.00 6.00 X X 0 38595 0 LELA MAE WILKES VICE PRESIDENT 1.00 X X 0 0 0 DENNIS AUCOIN DIRECTOR 0.25 X 0 0 0 RONALD FOSHEE DIRECTOR 0.50 X 0 0 0 SHANE LACOMBE DIRECTOR 0.25 X 0 0 0 JOHN WARE 010124 - 083124 EXECUTIVE DIRECTOR 32.00 X 30781 0 914 WILLIAM JOUBERT 090124 - 123124 EXECUTIVE DIRECTOR 40.00 X 13340 0 391 44121 573424 160146 0 0 1 0 0 14340 14340 RENTAL INCOME 531120 229850 229850 229850 OTHER REVENUE 531120 1938 1938 1938 246128 231788 0 0 45427 34070 11357 43872 32904 10968 1550 1163 387 6918 5189 1729 4700 4700 14920 14920 4263 3200 1063 2968 742 2226 272 272 55889 41917 13972 38239 28679 9560 REPAIRS & MAINTENANCE 48527 36395 12132 PROPERTY TAXES 6143 4607 1536 DUES & SUBSCRIPTIONS 100 100 273788 189238 84550 0 63555 114930 6000 4885 5218 1709891 858019 887387 851872 955827 978020 24119 47786 155317 129431 8232 59754 11612 12162 199280 249133 X 756547 728887 756547 728887 955827 978020 -27660 0 X X 1 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 990 990 1555254 758382 796872 128428 78736 49692 25219 20901 4318 851872 SECURITY DEPOSITS AND PREPAYMENTS 12162 12162 X 274111 27983 27983 246128 0 246128 301771 27983 27983 273788 0 273788 PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE CENTER WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF AS WELL AS OTHER FACTORS. THE CENTER IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2021. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 0 0 0 0 0 0 0 0 0 RANDALL PIERCE DIRECTOR 0 421696 0 49682 0 22456 0 127043 0 31798 0 652675 0 0 PART II, COLUMN B (III) PART II REPRESENTS COMPENSATION AND BENEFITS PAID BY DIXIE ELECTRIC MEMBERSHIP CORPORATION, A RELATED ORGANIZATION TO DIXIE BUSINESS DEVELOPMENT CENTER, AND THUS, THE RELATED ORGANIZATION'S AMOUNTS ARE REPORTED ON THIS RETURN. HOWEVER, NO COMPENSATION REPORTED ON SCHEDULE J WAS PAID BY THIS ORGANIZATION. DIXIE ELECTRIC MEMBERSHIP CORPORATION DIXIE ELECTRIC MEMBERSHIP CORPORATION CREATED THE DEVELOPMENT CENTER. TO REPAY OPERATING EXPENSES FROM PRIOR YEARS PAID BY DIXIE ELECTRIC. X 181203 129431 0 1 1 129431 FORM 990, PART VI, SECTION A, LINE 4 SECTION 8 TITLE CHANGED TO "EXECUTIVE DIRECTOR" TO REPLACE "GENERAL MANAGER".; SECTION 10 COMPENSATION REVISED TO STATE, "THE DBDC AND DEMCO BOARD OF DIRECTORS SHALL FIX THE POWERS, DUTIES AND COMPENSATION OF THE DBDC EXECUTIVE DIRECTOR. THE POWERS, DUTIES, AND COMPENSATION OF ALL AGENTS AND EMPLOYEES OTHER THAN DBDC EXECUTIVE DIRECTOR SHALL BE FIXED BY THE DBDC EXECUTIVE DIRECTOR, SUBJECT TO THE PROVISONS OF THESE BYLAWS, TO REPLACE THE PREVIOUSLY STATED, "THE POWERS, DUTIES AND COMPENSATION OF ANY AGENTS AND EMPLOYEES SHALL BE FIXED BY THE DBDC AND DEMCO BOARD OF DIRECTOSRS, SUBJECT TO THE PROVISIONS OF THESE BYLAWS.; ARTICLE XII. AMENDED OF BYLAWS UPDATED WITH NEW TITLE "EXECUTIVE DIRECTOR" TO REPLACE PREVIOUSLY STATED "GENERAL MANAGER"., AND "TWO" ADDED BY NUMBER '2". FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER OF DIXIE ELECTRIC MEMBERSHIP CORPORATION, DIXIE BUSINESS DEVELOPMENT CENTER'S PARENT ORGANIZATION, WILL REVIEW AND APPROVE THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ITS BOARD OF DIRECTORS TO COMPLETE AN ANNUAL QUESTIONNAIRE DISCLOSING ANY BUSINESS RELATIONSHIPS BETWEEN THE ORGANIZATION AND EACH OF ITS DIRECTORS AND THEIR FAMILY MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND COMPILED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE IN DENHAM SPRINGS, LA. FORM 990, PART XII, LINE 2C THE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE COMPILATION OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT. DIXIE ELECTRIC MEMBERSHIP CORPORATION PO BOX 15659 BATON ROUGE LA 70895 720170797 PROVIDES ELECTRICAL POWER TO MEMBERS WITHIN RURAL SERVICE AREA LA 501(C)(12) N/A 0 DEMCO FOUNDATION INC PO BOX 15659 BATON ROUGE LA 70895 721417423 PROVIDES CHARITABLE ASSISTANCE TO INDIVIDUALS IN THE DEMCO SERVICE AREA LA 501(C)(3) LINE 7 DIXIE ELECTRIC MEMBERSHIP CORPORATION 0 DEMCO ENERGY SERVICES LLC 16262 WAX RD GREENWELL SPRINGS LA 70739 721351783 PROVIDES SURGE PROTECTION SERVICES IN SOUTHEASTERN LA LA DIXIE ELECTRIC MEMBERSHIP CORPORATION C 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 DIXIE ELECTRIC MEMBERSHIP CORPORATION S N/A - LESS THAN $50,000 DIXIE ELECTRIC MEMBERSHIP CORPORATION E N/A - LESS THAN $50,000 DIXIE ELECTRIC MEMBERSHIP CORPORATION R N/A - LESS THAN $50,000