2026-08-14T14:23:53-05:00 2025-09-30 923320348 EAG GULF COAST LLC 8550 UNITED PLAZA BLVD 1001 BATON ROUGE LA 70809 990 2024-10-01 581711612 BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA BIOM 3187164108 POST OFFICE BOX 38050 SHREVEPORT LA 711338050 JOHN M MAZUR JR CFO 3187164105 2026-08-14 1 0 TRENT A MILLICAN P00290301 2259224600 2024 2025-03-06 01:10:19Z JOHN F GEORGE MD POST OFFICE BOX 38050 SHREVEPORT LA 711338050 25307433 0 X WWW.BRFLA.ORG X 1986 LA SEE SCHEDULE O 16 15 85 0 0 0 3358540 1150121 19485195 21273594 5435982 2883718 0 0 28279717 25307433 734652 58108 0 0 7959587 7927191 0 0 386272 10935009 12576646 19629248 20561945 8650469 4745488 116055494 120399212 11359758 11115490 104695736 109283722 X SEE SCHEDULE O 0 0 7680459 11940362 FACILITIES/INTERTECH: OPERATED A TEN STORY, 160,000 SQ FT RESEARCH FACILITY HOUSING 56 STATE-OF-THE-ART WET LABS, AN ANIMAL CARE FACILITY, AND RELATED ADMINISTRATIVE OFFICES. THE 56 WET LABS AND ANIMAL FACILITY ARE LEASED TO LSUHSC-S TO SUPPORT ITS BASIC SCIENCE RESEARCH PROGRAM. AS SUPPORT FOR THE ANIMAL IMAGING PROGRAM AT LSUHSC-S. THE RESEARCH FACILITY PROVIDED ESSENTIAL RESEARCH SPACE NEEDED TO SUPPORT THE ACQUISITION OF LSUHSC-S EXTRAMURAL FUNDING. - CONDUCTED ACTIVITIES RELATED TO THE ESTABLISHMENT OF A SCIENCE & TECHNOLOGY BUSINESS PARK INCLUDING SUPPORT FOR SCIENTIFIC ECONOMIC DEVELOPMENT PROJECTS, WORKFORCE DEVELOPMENT AND EDUCATION. PROVIDED FINANCIAL AND PROGRAMMATIC ASSISTANCE TO PROSPECTIVE PARK TENANTS. PROVIDED LAND FOR DEVELOPMENT INCLUDING ENVIRONMENTAL REMEDIATION. MAINTAINED MULTIPLE LEASED PROPERTIES, INCLUDING A 33,000 SQ FT CGMP MANUFACTURING FACILITY AND MULTIPLE INCUBATOR FACILITIES.SEE SCHEDULE O 3276140 3144157 OMICRON TECHNOLOGIES SOLUTIONS WAS CREATED TO CREATE JOBS ANDDISADVANTAGED BUSINESS ENTITY OPPORTUNITIES TO THE NORTHWEST LOUISIANAREGION. OMICRON PROVIDES SERVICES TO EDUCATIONAL AND PUBLIC TRANSPORTATION SYSTEMS TO PROVIDE ACCESS TO FACILITIES AND SPECIAL FARE PROGRAMS. 1438930 946872 EAP: THE ENTREPRENEURIAL ACCELERATOR PROGRAM IS A FINANCIAL ANALYTICS AND SUPPORT GROUP FORMED TO STIMULATE THE CREATION OF ENTREPRENEURIALECOSYSTEM IN NORTHWEST LOUISIANA. THIS IS ACCOMPLISHED THROUGH AVARIETY OF METHODS INCLUDING PROVIDING ENTREPRENEURIAL EDUCATIONALCONTENT TO THE COMMUNITY, ASSISTING LOCAL UNIVERSITIES WITHENTREPRENEURIAL EDUCATION OPPORTUNITIES, AND ESTABLISHING ANDMAINTAINING SYSTEMS WHICH CONNECT ENTREPRENEURS TO RESOURCES ANDPROVIDE ASSISTANCE TO START AND GROW THEIR BUSINESS 3287916 58108 8126921 EDVENTURES SUPPORTS STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) EDUCATION AND TECHNOLOGY-BASED WORKFORCE DEVELOPMENT INITIATIVES THROUGH A VARIETY OF PROGRAMS SERVING STUDENT SIN NORTHWEST LOUISIANA. PROGRAMS INCLUDE THE BOBBIE CATES HICKS SCIENCE AND MEDICINE ACADEMIC RESEARCH TRAINING PROGRAM, BIOTECH MAGNET ACADEMY, BIOSTART SENIOR RESEARCH LABORATORY INTERNSHIPS, COLLEGE NAVIGATOR, AND FIRST ROBOTICS PROGRAMS. EDVENTURES WORKS WITH MULTIPLE REGIONAL PARTNERS INCLUDING CADDO PARISH SCHOOLS, BOSSIER PARISH SCHOOLS, DESOTO PARISH SCHOOLS, AND LSU HEALTH SCIENCES CENTER IN SHREVEPORT TO PROVIDE THESE PROGRAMS. EXPENSES: $ (INCLUDING GRANTS TO OTHERS OF $--), REVENUE: $ SHREVEPORT NEXT PROACTIVELY RECRUITS SMALL TO MID-SIZED BUSINESSES TO RELOCATE TO OR BUILD FACILITIES IN NORTHWEST LOUISIANA, PROMOTING OUR REGION'S ACCESS, AFFORDABILITY, AND OPPORTUNITY FOR BUSINESSES TO CREATE WELL-PAYING, SUSTAINABLE JOBS FOR OUR COMMUNITY. EXPENSES: $366,855 (INCLUDING GRANTS TO OTHERS OF $--), REVENUE: $THE DIGITAL MEDIA INSTITUTE (DMI) IS AN ACCREDITED HIGHER EDUCATIONAL INSTITUTION FOCUSED ON DEGREE AND CERTIFICATE PROGRAMS IN THE DIGITAL ARTS. DMI OFFERS PROGRAMS IN ANIMATION AND DIGITAL EFFECTS, INTERACTIVE SOFTWARE DEVELOPMENT, AND ADVERTISING DESIGN. STUDENTS AT DMI COME FROM A WIDE RANGE OF BACKGROUNDS AND FINANCIAL NEEDS. DMI PROVIDES AND COORDINATES WITH GRANT MAKING ORGANIZATIONS TO FUND SOME NEED BASED SCHOLARSHIPS TO STUDENTS WHO MEET ADMISSIONS REQUIREMENTS BUT MAY NEED ADDITIONAL FINANCIAL ASSISTANCE. DMI ALSO PROVIDES SUMMER CAMP OPPORTUNITIES TO STUDENTS IN MIDDLE SCHOOL AND HIGH SCHOOL TO PROMOTE KNOWLEDGE AND INTEREST IN THE DIGITAL ART SPACE.EXPENSES: $953,437 (INCLUDING GRANTS TO OTHERS OF $31,976), REVENUE: $ 198,916CENTER FOR MOLECULAR IMAGING AND THERAPY DIVISION PROVIDES CLINICAL, TECHNICAL, AND RESEARCH PERSONNEL TO A RELATED ORGANIZATION WHICH PROVIDES MOLECULAR IMAGING SERVICES TO THE NORTHWEST LOUISIANA COMMUNITY. THE BOARD OF MANAGERS FOR COLLABORATION LINK, LLC IS COMPRISED OF TWO MEMBERS APPOINTED BY BRF. BRF IS THE SOLE APPROVER OF COLLABORATION LINK'S BUDGET. 3287916 58108 8126921 15683445 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 1 97 0 1 85 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 3187164108 POST OFFICE BOX 38050 SHREVEPORT LA 711338050 JOHN GEORGE CEO/PRESIDENT 43.00 X X 771949 0 42784 ARLENA ACREE FORMER DIRECTOR 1.00 X 0 0 0 LENNIS S ELSTON CPA PAST-CHAIRMAN 2.00 X X 0 0 0 MALCOLM S MURHCISON DIRECTOR 1.00 X 0 0 0 LINDA C SELL CPA DIRECTOR 2.00 X 0 0 0 RALPH W TREY BAUCUM DIRECTOR 1.00 X 0 0 0 GRAHAM WALKER CHAIRMAN 2.00 X X 0 0 0 PATRICK R JACKSON DIRECTOR 1.00 X 0 0 0 GRADY MORRISON VICE CHAIRMAN 1.00 X X 0 0 0 BART ALEXANDER SECRETARY/TREASURER 1.00 X X 0 0 0 WILLIAM LAVIGNE DIRECTOR 1.00 X 0 0 0 EDWARD J CRAWFORD III DIRECTOR 1.00 X 0 0 0 VERNI HOWARD DIRECTOR 1.00 X 0 0 0 DOUG ROGERS DIRECTOR 1.00 X 0 0 0 KATE GRAY DIRECTOR 1.00 X 0 0 0 JAMES DEAN EXECUTIVE VP AND COO 49.00 X 549975 0 31449 DAVID SMITH EXECUTIVE DIRECTOR 42.00 X 296684 0 25486 DAVID SCHMIDT EXECUTIVE DIRECTOR 39.00 X 200149 0 20212 JOHN MAZUR DIRECTOR OF FINANCE (CFO) 40.00 X 169770 0 18086 STEPHEN LOKITZ DIRECTOR OF IMAGING SCIENC 39.00 X 175638 0 27111 HILARY WOOLEY CORPORATE COUNCIL 46.00 X 165704 0 28330 JULIE MILAM SR. FINANCIAL ANALYST 41.00 X 180019 0 22443 PATRICK MURPHY FACILITIES MANAGER 39.00 X 124436 0 16876 RACHID NAZIH SITE MANAGER 44.00 X 154546 0 28550 DAVID WEST VP OF FINANCIAL SERVICES 40.00 X 187397 0 5746 BRYAN ROUNDTREE PROTOTYPING AND EXPERIMENTATION MGR 40.00 X 150483 0 5063 3126750 0 272136 13 0 1 0 MECHANICAL CONCEPTS LLC PO BOX 3570 SHREVEPORT LA 71133 PROFESSIONAL SERVICES 490635 LSU HEALTH SCIENCES 1501 KINGS HWY SHREVEPORT LA 71103 PROFESSIONAL SERVICES 376678 RED RIVER SANITORS PO BOX 78329 SHREVEPORT LA 711378329 HOUSEKEEPING SERVICE 367211 THE PICARD GROUP LLC 807 RICHARD AVE LAFAYETTE LA 70508 PROFESSIONAL SERVICES 250000 DIVERSIFIED TECHNOLOGIES INC 65 E WACKER PLACE SUITE 1400 CHICAGO IL 60601 PROFESSIONAL SERCVICES 249231 5 1119083 31038 1150121 RENTAL INCOME 531120 11940362 11940362 LOCAL GOVERNMENT OPERATING REVENU 541900 3450001 3450001 OMICRON SERVICES 541900 3144157 3144157 DIGITAL MEDIA INSTITUTE 541900 152981 152981 2586093 2586093 21273594 2883718 0 2883718 2883718 2883718 25307433 24157312 0 0 X 58108 58108 2771090 1505256 1260015 5819 4037588 2401324 1387481 248783 748982 417157 275772 56053 369531 206088 145513 17930 390800 390800 25780 20071 5709 155136 41448 113688 3578077 3096135 451677 30265 264557 251917 12354 286 814050 775520 37252 1278 51327 51327 3305 3305 133183 83999 41417 7767 25896 16470 8356 1070 244247 244247 2988221 2988221 478305 363458 114168 679 UTILITIES 1516351 1516351 REPAIRS AND MAINTENANCE 1395225 1394535 690 SUPPLIES AND OTHER EXPE 500624 248818 235464 16342 EQUIPMENT LEASING 11562 2995 8567 20561945 15683445 4492228 386272 13998806 14405226 1583930 1653474 10731186 9646501 14800639 19119984 65769 66141 232280 655267 94690268 51344822 44134274 43345446 15573475 22277940 522037 173459 7942933 3593947 6470165 5461827 116055494 120399212 2160025 2767190 960752 803492 5711383 2244172 2527598 5300636 11359758 11115490 X 98657258 103058407 6038478 6225315 104695736 109283722 116055494 120399212 X 4745488 -1954 -155548 X X 0 0 0 X 2485483 703194 900112 3358540 1150121 8597450 2817838 2863251 2863246 3130662 3450001 15124998 5303321 3566445 3763358 6489202 4600122 23722448 23722448 871690 -2399853 1096234 4858175 2865680 7291926 31014374 86407378 0.76490 0.82380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 75250 75250 0 5311096 33000 79650 5578417 2613838 2649488 202441 5465767 2566068 47770 2613838 2720373 -154305 2566068 1720623 999750 2720373 1 0 11950126 11950126 66416266 41051484 25364782 16323876 10293338 6030538 43345446 ASSET RETIREMENT LIABILITY 93547 EARNOUT LIABILITY, NET OF CURRENT POSITION 2098200 BUILDING LOAN 3002425 DUE TO RELATED PARTY 106464 5300636 PART V, LINE 4: BRF HAS ACCEPTED FUNDS WITH DONOR RESTRICTIONS FOR THE CREATION OF ENDOWED FUNDS TO SUPPORT CERTAIN ACTIVITIES OF THE ORGANIZATION. BRF MAINTAINS TWO ENDOWMENTS: THE INCOME FROM TWO ENDOWMENTS ARE DEDICATED TO SUPPORT ANY ACTIVITY OF THE ORGANIZATION, THE INCOME FROM THE REMAINING ENDOWMENT IS INTENDED TO SUPPORT THE STAFFING EXPENSE OF THE ENTREPRENEURIAL ACCELERATOR PROGRAM. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DMI HAS PUBLISHED IT'S RACIALLY NONDISCRIMINITORY ON ITS HOMEPAGE VIA A LINK TO CONSUMER INFORMATION. SCHEDULE E, PART I, LINE 6 BRF RECEIVES FINANCIAL ASSISTANCE THROUGH THE FOLLOWING PROGRAMS: THE U.S. DEPARTMENT OF EDUCATION FEDERAL GRANT PROGRAM AND THE DIRECT LOAN PROGRAM. X X X X X 0 0 0 0 0 0 0 1 0 JOHN GEORGE CEO/PRESIDENT 771949 0 0 0 0 0 25298 0 17486 0 814733 0 0 0 JAMES DEAN EXECUTIVE VP AND COO 549975 0 0 0 0 0 16359 0 15090 0 581424 0 0 0 DAVID SMITH EXECUTIVE DIRECTOR 296684 0 0 0 0 0 14794 0 10692 0 322170 0 0 0 DAVID SCHMIDT EXECUTIVE DIRECTOR 200149 0 0 0 0 0 10392 0 9820 0 220361 0 0 0 STEPHEN LOKITZ DIRECTOR OF IMAGING SCIENC 175638 0 0 0 0 0 9839 0 17272 0 202749 0 0 0 JULIE MILAM SR. FINANCIAL ANALYST 180019 0 0 0 0 0 8833 0 13610 0 202462 0 0 0 HILARY WOOLEY CORPORATE COUNCIL 165704 0 0 0 0 0 9551 0 18779 0 194034 0 0 0 DAVID WEST VP OF FINANCIAL SERVICES 187397 0 0 0 0 0 4551 0 1195 0 193143 0 0 0 JOHN MAZUR DIRECTOR OF FINANCE (CFO) 169770 0 0 0 0 0 8497 0 9589 0 187856 0 0 0 RACHID NAZIH SITE MANAGER 154546 0 0 0 0 0 9768 0 18782 0 183096 0 0 0 BRYAN ROUNDTREE PROTOTYPING AND EXPERIMENTATION MGR 150483 0 0 0 0 0 4038 0 1025 0 155546 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE HAS THE SOLE AUTHORITY TO ESTABLISH THE COMPENSATION OF THE PRESIDENT AND STAFF VICE-PRESIDENTS AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY IN CONNECTION WITH THE BUDGETING PROCESS. THE COMMITTEE HAS WRITTEN GUIDELINES FOR EVALUATING THE REASONABLENESS OF COMPENSATION INCLUDING PUBLISHED SURVEYS AND COMPARISONS TO SIMILAR ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, FOR FUNTIONALLY COMPARABLE POSITIONS. MINUTES ARE KEPT OF ALL EXECUTIVE COMMITTEE MEETINGS. THE MINUTES ARE REVIEWED AND APPROVED AT THE NEXT EXECUTIVE COMMITTEE MEETING. PART I, LINE 7 SOME EMPLOYEES ARE ELIGIBLE FOR PERFORMANCE BASED BONUSES CALCULATED AS A PERCENT OF BASE SALARY AS DETERMINED BY MANAGEMENT. LAUREN GREGORSKI DAUGHTER OF BOARD MEMBER 13925 EMPLOYMENT 0 FORM 990, PART I, LINE 1 OUR MISSION IS TO PROMOTE, ENCOURAGE, CARRY ON, AND AID IN THE CONDUCT AND COMMERCIALIZATION OF SCIENTIFIC INVESTIGATIONS AND TECHNOLOGY DEVELOPMENT; THE DEVELOPMENT AND IMPLEMENTATION OF NOVEL BUSINESS IDEAS AND PROCESSES; EDUCATION, TRAINING, AND ALLIED SUPPORTIVE ACTIVITIES; AND THE DEVELOPMENT OF A CULTURAL AND PHYSICAL ENVIRONMENT, ALL OF WHICH SHALL BE DIRECTED TOWARD ASSISTING THE REGION IN ATTRACTING NEW BUSINESSES OR IN RETAINING, STARTING, OR GROWING EXISTING BUSINESSES OR IN ANY OTHER ECONOMIC DEVELOPMENT ACTIVITIES. FORM 990, PART III, LINE 1 OUR MISSION IS TO PROMOTE, ENCOURAGE, CARRY ON, AND AID IN THE CONDUCT AND COMMERCIALIZATION OF SCIENTIFIC INVESTIGATIONS AND TECHNOLOGY DEVELOPMENT; THE DEVELOPMENT AND IMPLEMENTATION OF NOVEL BUSINESS IDEAS AND PROCESSES; EDUCATION, TRAINING, AND ALLIED SUPPORTIVE ACTIVITIES; AND THE DEVELOPMENT OF A CULTURAL AND PHYSICAL ENVIRONMENT, ALL OF WHICH SHALL BE DIRECTED TOWARD ASSISTING THE REGION IN ATTRACTING NEW BUSINESSES OR IN RETAINING, STARTING, OR GROWING EXISTING BUSINESSES OR IN ANY OTHER ECONOMIC DEVELOPMENT ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 1A PER THE BY-LAWS, THE BOARD OF DIRECTORS HAS DELEGATED BROAD AUTHORITY TO THE EXECUTIVE COMMITTEE OF THE BIOMEDICAL RESEARCH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CFO IS RESPONSIBLE FOR THE PREPARATION, REVIEW AND FILING OF FORM 990 AND, IF REQUIRED, FORM 990T AND ALL RELATED FORMS AND SCHEDULES. THE ORGANIZATION DISTRIBUTES THE COMPLETED FORM 990 TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BRF HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL PERSONS WHO MEET THE IRS DEFINITION OF "DISQUALIFIED PERSON." ITS EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS AND OTHER BOARD MEMBERS AND IS RESPONSIBLE FOR MANAGING THIS POLICY. THE POLICY IS REVIEWED ANNUALLY BY THE FULL BOARD. ALL BOARD MEMBERS AND STAFF OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM AT LEAST ANNUALLY AND ARE REQUIRED TO NOTIFY THE COMMITTEE IN WRITING OF ANY PROPOSED CONTRACTS OR TRANSACTIONS INVOLVING A CONFLICT OF INTERESTS. THE DISCLOSURE FORMS AND ACTUAL CONTRACTS AND TRANSACTIONS ARE REVIEWED BY THIS COMMITTEE. PERSONS WHO HAVE A CONFLICT ARE NOT ALLOWED TO PARTICIPATE IN NOR ARE THEY PERMITTED TO HEAR THE DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. THEY CANNOT BE PRESENT WHEN A VOTE IS TAKEN ON THE MATTER. SPECIFIC GUIDELINES EXIST TO ASSIST THE COMMITTEE IN DETERMINING THE FAIR MARKET VALUE OF A TRANSACTION OR CONTRACT INVOLVING A CONFLICTED PERSON. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE HAS THE SOLE AUTHORITY TO ESTABLISH THE COMPENSATION OF THE PRESIDENT AND STAFF VICE-PRESIDENTS AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY IN CONNECTION WITH THE BUDGETING PROCESS. THE COMMITTEE HAS WRITTEN GUIDELINES FOR EVALUATING THE REASONABLENESS OF COMPENSATION INCLUDING PUBLISHED SURVEYS AND COMPARISONS TO SIMILAR ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, FOR FUNTIONALLY COMPARABLE POSITIONS. MINUTES ARE KEPT OF ALL EXECUTIVE COMMITTEE MEETINGS. THE MINUTES ARE REVIEWED AND APPROVED AT THE NEXT EXECUTIVE COMMITTEE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL FULLY COMPLY WITH ALL FEDERAL AND STATE PUBLIC DISCLOSURES REQUIRED WITH RESPECT TO ITS STATUS AS A TAX EXEMPT, NOT-FOR-PROFIT ORGANIZATION. SPECIFICALLY, DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTIONS AND COPIES WILL BE PROVIDED UPON REQUEST IN ACCORDANCE WITH PROCEDURES AND REQUIREMENTS SET FORTH IN CURRENT IRS REGULATIONS AS AMENDED FROM TIME TO TIME. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 3,096,135. MANAGEMENT AND GENERAL EXPENSES 451,677. FUNDRAISING EXPENSES 30,265. TOTAL EXPENSES 3,578,077. FORM 990, PART XI, LINE 9: DISTRIBUTION OF CAPITAL FROM SUBSIDIARY ORGANIZATION -155,548. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE FILING OF THE PREVIOUS FORM 990. 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