Nonprofit · EIN 20-1024559
GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION
Tax-exempt · BOSSIER CITY, LA 71111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $550,954 | $507,319 | $43,635 | $1,216,088 | $168,634 | $1,047,454 |
| December 31, 2023 | 990 | $522,973 | $510,994 | $11,979 | $1,288,834 | $285,015 | $1,003,819 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $509,509
- of which government grants
- $408,819
- Membership dues
- $50,690
- Program service revenue
- $0
- Investment income
- $36,945
- Other revenue
- $4,500
Expenses
- Grants and similar amounts paid
- $62,975
- Compensation of officers, directors and key employees
- $145,108
- Other salaries and wages
- $37,862
- Salaries, compensation and benefits (total)
- $261,698
- Professional fundraising fees
- $0
- Legal fees
- $770
- Accounting fees
- $17,137
- Occupancy
- $42,851
- Travel
- $11,400
- Depreciation
- $3,969
Balance sheet and other
- Total assets, start of year
- $1,288,834
- Total assets, end of year
- $1,216,088
- Total liabilities, end of year
- $168,634
- Net assets, end of year
- $1,047,454
- Land, buildings and equipment
- $4,188
- Net assets without donor restrictions
- $1,047,454
- Gross receipts
- $550,954
- Employees
- 2
- Volunteers
- 20
- Year formed
- 1979
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID R ROCKETT JR | EXECUTIVE DIRECTOR Officer | 40 | $145,108 | $38,923 |
| MIKE BOGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BONOMO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAND FALBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN MICHAEL MOORE | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHARLIE COYLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KILEY GRANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IAN MCELROY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM JOHNSTON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GARY HUBBARD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN REYNOLDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGARET SHEHEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON UPDEGRAFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOMMY BOGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROSS BARRETT | SECRETARY TREASURER Trustee or director, Officer | 1 | $0 |
| LANCE MOSLEY | DIRECTOR Trustee or director | 1 | $0 |
| CARLTON GOLDEN | ADVISORY APPOINTEE Trustee or director, Officer | 1 | $0 |
| TIM WILHITE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID R ROCKETT JR | EXECUTIVE DIRECTOR Officer | 40 | $152,745 | $38,555 |
| MIKE BOGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BONOMO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAND FALBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN MICHAEL MOORE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHARLIE COYLE | ADVISORY APPOINTEE Trustee or director, Officer | 1 | $0 | $0 |
| PERCY HUBBARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IAN MCELROY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY HUBBARD | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE WILHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGARET SHEHEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON UPDEGRAFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOMMY BOGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSS BARRETT | SECRETARY TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LANCE MOSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLTON GOLDEN | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIM WILHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 574 BOARDWALK BLVD, BOSSIER CITY, LA 71111-4384
- In care of
- % DONALD M PIERSON JR
- Principal officer (990 for 2024)
- DAVID ROCKETT JR, 574 BOARDWALK BOULEVARD, BOSSIER CITY, LA 71111
- Signed the 990
- DAVID ROCKETT JR, EXECUTIVE DIRECTOR
- Phone
- (318) 742-6043
- Website
- WWW.GBEDF.ORG
- Return prepared by
- HEARD MCELROY & VESTAL LLC
Mission
THE MISSION OF THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS TO MARKET THE BOSSIER COMMUNITY IN NORTHWEST LOUISIANA. BY MARKETING THIS AREA FOR BUSINESS AND TOURISM JOBS, WE HELP BUILD UP THE STATE'S ECONOMY AND IN TURN, KEEP OUR TAX BASE HEALTHY AND GROWING.
Program accomplishments
- SUPPORT PROVIDED TO BARKSDALE FORWARD. BARKSDALE FORWARD WORKS FOR THE DEVELOPMENT AND PROMOTION OF BARKSDALE AIR FORCE BASE BY EDUCATING THE PUBLIC ABOUT THE SOCIAL, CULTURAL, AND ECONOMIC BENEFITS OF BARKSDALE AIR FORCE BASE.
- OTHER PROGRAM SERVICES INCLUDE SUPPORT FOR: BOSSIER CHAMBER, SHREVEPORT-BOSSIER FILM OFFICE, BOSSIER ARTS COUNCIL, FILM PRIZE FOUNDATION, BPCC FOUNDATION, AND VARIOUS OTHER PROJECTS TO SUPPORT THE COMMUNITY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1024559
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,216,088
- Income (IRS master file)
- $550,954
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $550,954 | $507,319 | $1,216,088 | XML |
| 990 | December 2023 | $522,973 | $510,994 | $1,288,834 | XML |
| 990 | December 2022 | $539,196 | $518,357 | $1,318,899 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1024559).
Questions about GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION
- What is the EIN of GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION is 20-1024559.
- Is GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 names DAVID ROCKETT JR.
- Who are the officers and directors of GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $145,108 (DAVID R ROCKETT JR, EXECUTIVE DIRECTOR).
- How much revenue does GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $550,954, expenses of $507,319 and total assets of $1,216,088 at year end.
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