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Nonprofit · EIN 72-0636404

LOUISIANA FINANCE ASSOCIATION

Tax-exempt · BATON ROUGE, LA 70816

Financials

$290K$356K2023$414K$336K2024
Revenue Expenses · by fiscal year end
Financials of LOUISIANA FINANCE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$414,154$336,174$77,980$3,677,625$0$3,677,625
December 31, 2023990$289,717$356,446-$66,729$3,479,004$0$3,479,004
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$258,022
Investment income
$156,132
Net gain from sales of assets
$33,112
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$97,560
Other salaries and wages
$9,295
Salaries, compensation and benefits (total)
$114,225
Professional fundraising fees
$0
Legal fees
$6,000
Accounting fees
$8,400
Occupancy
$11,536
Depreciation
$54

Balance sheet and other

Total assets, start of year
$3,479,004
Total assets, end of year
$3,677,625
Total liabilities, end of year
$0
Net assets, end of year
$3,677,625
Publicly traded securities
$3,419,406
Net assets without donor restrictions
$3,677,625
Gross receipts
$2,954,123
Employees
2
Volunteers
33
Year formed
1959
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 / weekCompensationOther / benefits
KIMBERLY HALLARANEXEC. DIR./SECRETARY/TREASURER
Officer
40$86,863$11,323
RAY BERGERONBOARD MEMBER
Trustee or director
0.1$0$0
OLIN BERTHELOTBOARD MEMBER
Trustee or director
0.1$0$0
DARROLL BERTRANDBOARD MEMBER
Trustee or director
0.1$0$0
ROGER BOYNTONBOARD MEMBER
Trustee or director
0.1$0$0
BOB CHEDVILLEBOARD MEMBER
Trustee or director
0.1$0$0
GRADON CLEMONSBOARD MEMBER
Trustee or director
0.1$0$0
BART DESROCHESBOARD MEMBER
Trustee or director
0.1$0$0
MIKE FONTENOTBOARD MEMBER
Trustee or director
0.1$0$0
NICOLE FRUGE'-TATEBOARD MEMBER
Trustee or director
0.1$0$0
GARY FULKBOARD MEMBER
Trustee or director
0.1$0$0
DAVID GALLINEAUBOARD MEMBER
Trustee or director
0.1$0$0
NOEL GILMOREBOARD MEMBER
Trustee or director
0.1$0$0
BRIAN GRAYBOARD MEMBER
Trustee or director
0.1$0$0
LINDA BULLOCKBOARD MEMBER (THRU 12/24)
Trustee or director
0.1$0$0
19 more people on this return
NameTitleHours / weekCompensation
ARNIE HEDERMANBOARD MEMBER
Trustee or director
0.1$0
INEZ JENKINSBOARD MEMBER
Trustee or director
0.1$0
DAVID KORNBOARD MEMBER
Trustee or director
0.1$0
DAVID LINKBOARD MEMBER
Trustee or director
0.1$0
BRYCE LOBELLBOARD MEMBER
Trustee or director
0.1$0
JESSIE PURVIS JRBOARD MEMBER
Trustee or director
0.1$0
RANDY SCHMIDTBOARD MEMBER
Trustee or director
0.1$0
CHARLIE SPEDALEBOARD MEMBER
Trustee or director
0.1$0
SHANE TURNERBOARD MEMBER
Trustee or director
0.1$0
DAN WALTERSBOARD MEMBER
Trustee or director
0.1$0
PATRICK WILLIAMSBOARD MEMBER
Trustee or director
0.1$0
ADAM WIRTHBOARD MEMBER
Trustee or director
0.1$0
SHAWN SAGRERABOARD MEMBER
Trustee or director
0.1$0
PAUL LANDRY IVBOARD MEMBER
Trustee or director
0.1$0
LESTER DEESCHAIR
Trustee or director, Officer
1$0
CURTIS BREAZEALEPRESIDENT (THRU 07/24)/BOARD MEMBER
Trustee or director, Officer
1$0
JEANNIE MCDUFFIEPRESIDENT-ELECT (THRU 07/24)/PRESIDENT
Trustee or director, Officer
1$0
KYLE FENTONVP (THRU 07/24)/PRESIDENT-ELECT
Trustee or director, Officer
1$0
MELISSA MEDLENBOARD MEMBER/VP (AS OF 07/24)
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 36 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY HALLARANSECRETARY/TREASURER
Officer
40$78,741$12,046
ANITA FONTENOTDISTRICT MEMBER (THRU 06/2023)
Trustee or director
1$0$0
DWAYNE D GALLINEAUDISTRICT MEMBER (THRU 06/2023)
Trustee or director
1$0$0
GLENN BURBANKDISTRICT MEMBER (THRU 06/2023)
Trustee or director
1$0$0
MIKE CULPEPPERDISTRICT MEMBER (THRU 01/2023)
Trustee or director
1$0$0
ADAM WIRTHDISTRICT MEMBER
Trustee or director
1$0$0
NICOLE FRUGE'-TATEDISTRICT MEMBER
Trustee or director
1$0$0
BART DESROCHESDISTRICT MEMBER
Trustee or director
1$0$0
BOB CHEDVILLEDISTRICT MEMBER
Trustee or director
1$0$0
BRIAN GRAYDISTRICT MEMBER
Trustee or director
1$0$0
BRYCE LOBELLDISTRICT MEMBER
Trustee or director
1$0$0
CHARLIE SPEDALEDISTRICT MEMBER
Trustee or director
1$0$0
DAN WALTERSDISTRICT MEMBER
Trustee or director
1$0$0
DARROLL J BERTRANDDISTRICT MEMBER
Trustee or director
1$0$0
DAVID GALLINEAUDISTRICT MEMBER
Trustee or director
1$0$0
RAY BERGERONDISTRICT MEMBER
Trustee or director
1$0$0
GRADON CLEMONSDISTRICT MEMBER
Trustee or director
1$0$0
INEZ JENKINSDISTRICT MEMBER
Trustee or director
1$0$0
JESSIE M PURVIS JRDISTRICT MEMBER
Trustee or director
1$0$0
LESTER E DEESDISTRICT MEMBER
Trustee or director
1$0$0
LINDA BULLOCKDISTRICT MEMBER
Trustee or director
1$0$0
MELISSA MEDLENDISTRICT MEMBER
Trustee or director
1$0$0
GARY FULKDISTRICT MEMBER
Trustee or director
1$0$0
MIKE FONTENTOTDISTRICT MEMBER
Trustee or director
1$0$0
NOEL GILMOREDISTRICT MEMBER
Trustee or director
1$0$0
OLIN BERTHELOTDISTRICT MEMBER
Trustee or director
1$0$0
PATRICK WILLIAMSDISTRICT MEMBER
Trustee or director
1$0$0
PAUL LANDRY IVDISTRICT MEMBER
Trustee or director
1$0$0
RANDY P SCHMIDTDISTRICT MEMBER
Trustee or director
1$0$0
ROGER E BOYNTONDISTRICT MEMBER
Trustee or director
1$0$0
SHANE TURNERDISTRICT MEMBER
Trustee or director
1$0$0
SHAWN SAGRERADISTRICT MEMBER
Trustee or director
1$0$0
DAVID LINKDISTRICT MEMBER
Trustee or director
1$0$0
CURTIS BREAZEALLEPRESIDENT
Trustee or director, Officer
1$0$0
JEANNIE MCDUFFIEPRESIDENT-ELECT
Trustee or director, Officer
1$0$0
KYLE FENTONVICE PRESIDENT
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
11819 BRICKSOME AVE STE A, BATON ROUGE, LA 70816-0000
Principal officer (990 for 2024)
KIMBERLY HALLARAN, 11918 BRICKSOME AVENUE SUITE A, BATON ROUGE, LA 70816
Signed the 990
KIMBERLY HALLARAN, EXEC. DIR./SECRETARY/TREASURER
Phone
(225) 295-1300
Return prepared by
EAG GULF COAST LLC

Mission

LOUISIANA FINANCE ASSOCIATION WAS FOUNDED WITH THE PURPOSE OF PROMOTING THE WELFARE AND EDUCATION OF ITS MEMBERS ENGAGED IN THE PERSONAL LOAN BUSINESS IN THE STATE OF LOUISIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • ANNUAL CONVENTION - GATHERING OF MEMBERS FOR EDUCATIONAL PURPOSES
  • LOBBYING EFFORTS - WE MAINTAIN A STRONG LEGISLATIVE COMMITTEE, WHOSE FUNCTION IS TO KEEP UP WITH ALL PROPOSED LEGISLATION, SUPPORTING LAWS THAT ARE BENEFICIAL TO OUR INDUSTRY AND OPPOSING THOSE THAT ARE NOT. WE ARE EXTREMELY INVOLVED IN THE POLITICAL PROCESS TO HELP ENSURE THE ELECTION OF THOSE WHO RECOGNIZE THE IMPORTANCE OF OUR INDUSTRY. ADDITIONALLY, WE FUND A POWERFUL FULL TIME LOBBYIST IN BATON ROUGE TO REPRESENT OUR ASSOCIATION AND PROMOTE OUR POLITICAL AGENDA.

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
72-0636404
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,677,625
Income (IRS master file)
$2,954,123

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$414,154$336,174$3,677,625XML
990December 2023$289,717$356,446$3,479,004XML
990December 2022$265,975$341,106$3,281,117IRS
990December 2021–––IRS
990December 2020–––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 72-0636404).

Questions about LOUISIANA FINANCE ASSOCIATION

What is the EIN of LOUISIANA FINANCE ASSOCIATION?
The employer identification number (EIN) of LOUISIANA FINANCE ASSOCIATION is 72-0636404.
Is LOUISIANA FINANCE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1967.
Are donations to LOUISIANA FINANCE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOUISIANA FINANCE ASSOCIATION 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 LOUISIANA FINANCE ASSOCIATION 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 LOUISIANA FINANCE ASSOCIATION 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 LOUISIANA FINANCE ASSOCIATION?
The 990 for the year ended December 31, 2024 names KIMBERLY HALLARAN.
Who are the officers and directors of LOUISIANA FINANCE ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 34 people; 1 received compensation from the organization, the highest $86,863 (KIMBERLY HALLARAN, EXEC. DIR./SECRETARY/TREASURER).
How much revenue does LOUISIANA FINANCE ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $414,154, expenses of $336,174 and total assets of $3,677,625 at year end.

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