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Nonprofit · EIN 65-1267691

CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE

Tax-exempt · ALEXANDRIA, LA 71301

Financials

$2.1M$2.2M2023$2.9M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,892,665$2,731,168$161,497$1,438,603$60,330$1,378,273
December 31, 2023990$2,135,545$2,202,826-$67,281$1,465,764$248,988$1,216,776
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,777,716
of which government grants
$885,035
Program service revenue
$50,597
Investment income
$16,725
Other revenue
$47,627

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,311,961
Salaries, compensation and benefits (total)
$1,311,961
Professional fundraising fees
$0
Legal fees
$468,867
Occupancy
$9,000
Travel
$41,261
Depreciation
$26,766
Program services (functional)
$2,121,668
Management and general (functional)
$609,500

Balance sheet and other

Total assets, start of year
$1,465,764
Total assets, end of year
$1,438,603
Total liabilities, end of year
$60,330
Net assets, end of year
$1,378,273
Land, buildings and equipment
$542,034
Net assets without donor restrictions
$1,378,273
Gross receipts
$2,892,665
Employees
15
Year formed
2007
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.

NameTitleHours / weekCompensation
JIM CLINTONPRESIDENT/CE
Former
–$172,627
BLAKE CHATELAINBOARD CHAIR
Officer
–$0
DOUG GODDARDBOARD VICE C
Officer
–$0
JACKIE DAENENTREASURER
Officer
–$0
ODAY LAVERGNESECRETARY
Officer
–$0
10 EXECUTIVE BOARD MEMBERSEXECUTIVE BO
Trustee or director
–$0
31 BOARD MEMBERSBOARD MEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JIM CLINTONPRESIDENT/CE
Key employee
40$182,325
BLAKE CHATELAINBOARD CHAIR
Officer
–$0
DOUG GODDARDBOARD VICE C
Officer
–$0
JACKIE DAENENTREASURER
Officer
–$0
ODAY LAVERGNESECRETARY
Officer
–$0
10 EXECUTIVE BOARD MEMBERSEXECUTIVE BO
Trustee or director
–$0
31 BOARD MEMBERSBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1302 MURRAY ST, ALEXANDRIA, LA 71301-6837
Principal officer (990 for 2024)
CHRIS MASINGILL, 1302 MURRAY ST, ALEXANDRIA, LA 71301
Signed the 990
CHRIS MASINGILL, PRESIDENT CEO
Phone
(318) 441-3400
Return prepared by
KNIGHTMASDEN APAC

Mission

THE MISSION OF CLEDA IS TO ADVANCE THE KNOWLEDGE AND UNDERSTANDING OF ECONOMICS AND TO DEVELOP ECONOMIC PLANNING AND DEVELOPMENT THAT WOULD BRING ABOUT IMPROVED EFFICIENCY, DEVELOPMENT AND ACCELARATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCH O
    Expenses $2,121,668

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
65-1267691
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,438,603
Income (IRS master file)
$2,892,665

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,892,665$2,731,168$1,438,603XML
990December 2023$2,135,545$2,202,826$1,465,764XML
990December 2022$2,175,065$1,953,948$1,463,683IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 65-1267691).

Questions about CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE

What is the EIN of CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE?
The employer identification number (EIN) of CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE is 65-1267691.
Is CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE 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 CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE 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 CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE 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 CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE?
The 990 for the year ended December 31, 2024 names CHRIS MASINGILL.
Who are the officers and directors of CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $172,627 (JIM CLINTON, PRESIDENT/CE).
How much revenue does CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,892,665, expenses of $2,731,168 and total assets of $1,438,603 at year end.

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