2025-08-07T15:28:31-05:00 2024-12-31 720464428 Hawthorn Waymouth & Carroll LLP 8545 United Plaza Blvd - No 200 Baton Rouge LA 708099982 990 2024-01-01 464858854 LABI Foundation LABI 2259285388 500 Main Street Baton Rouge LA 70801 Will Green President 2259285388 2025-08-07 1 1 Charles R Pevey P00103577 2259233000 2025-07-31 X 2024 2025-03-06 01:10:19Z Will Green 500 Main Street Baton Rouge LA 70801 159600 0 X N/A X 2014 LA To partner with business leaders to educate and help deliver successful strategies to maximize Louisiana's economic potential by offering educational materials and programs on areas of importance in Louisiana. 4 4 0 15 0 0 475000 110000 0 49600 0 0 0 0 475000 159600 300000 0 0 0 0 0 0 0 0 204614 166151 504614 166151 -29614 -6551 46624 40073 0 0 46624 40073 To partner with business leaders to educate and help deliver successful strategies to maximize Louisiana's economic potential by offering educational materials and programs on areas of importance in Louisiana. 0 0 93339 49600 Offered educational materials and programs on issues of importance in the State of Louisiana. These activities include, but are not limited to, panel discussions, conferences, presentations, research and communications that are beneficial to the mission of LABI Foundation. 93339 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X THE ORGANIZATION 2259285388 500 Main Street BATON ROUGE LA 70801 X Maura Donahue President 1.00 X X 0 0 0 Reldon Owens Vice President 1.00 X X 0 0 0 Clay Allen Treasurer 1.00 X X 0 0 0 Christopher Kinsey Director 1.00 X 0 0 0 0 0 0 0 0 0 0 0 110000 110000 Conferences & Seminars 611430 49600 49600 49600 159600 49600 0 0 X 62394 62394 1450 1450 60666 60666 2637 2637 6131 6131 32673 32673 Bank Fees 200 200 166151 93339 72812 0 19104 30452 27520 9621 46624 40073 0 0 X 46624 40073 46624 40073 46624 40073 -6551 0 X X 0 1 X 1 0 X 693092 143655 265000 475000 159600 1736347 693092 143655 265000 475000 159600 1736347 502911 1233436 1736347 0.71040 0.68860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X Part X, Line 2: LABI Foundation has been recognized by the Internal Revenue Service as exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If LABI Foundation was 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. Form 990, Part VI, Section A, line 3 LABI Foundation delegated management duties to the staff of Louisiana Association of Business and Industry. Form 990, Part VI, Section B, line 11b A copy of the Form 990 was provided to the organization's governing body before being filed. Form 990, Part VI, Section B, line 12c In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. Form 990, Part VI, Section C, line 18 LABI Foundation makes its Forms 1023 and 990 available for public inspection upon request. Form 990, Part VI, Section C, line 19 LABI Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Research and Policy Contracts: Program service expenses 60,666. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,666. Form 990, Part XII, Line 1: The organization prepares its financial statements using the modified cash basis method of accounting. Revenue is recognized when cash is received and expenses are incurred when cash is disbursed. Form 990, Part XII, Line 2c: The oversight and selection process used to select the independent accountant did not change from the previous year. Louisiana Association of Business and Industry 500 Main Street Baton Rouge LA 70801 720780313 Membership organization LA 501(c)(6) N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 Louisiana Association of Business and Industry P 62394 Actual Cash Disbursed Louisiana Association of Business and Industry D 9621 Actual Cash Loaned