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Nonprofit · EIN 72-1007981

LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC

Tax-exempt · LAFAYETTE, LA 70508

Financials

$588K$536K2022$604K$561K2023$623K$588K2024
Revenue Expenses · by fiscal year end
Financials of LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$623,369$588,239$35,130$1,008,751$83,869$924,882
September 30, 2024990$604,306$561,422$42,884$1,012,294$122,542$889,752
September 30, 2023990$588,136$535,668$52,468$1,001,918$155,050$846,868
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$497,812
Investment income
$125,557
Net gain from sales of assets
-$315
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$144,946
Other salaries and wages
$143,317
Salaries, compensation and benefits (total)
$336,185
Professional fundraising fees
$0
Legal fees
$2,051
Accounting fees
$26,768
Occupancy
$41,304
Travel
$10,099
Depreciation
$2,883
Program services (functional)
$345,896
Management and general (functional)
$242,343

Balance sheet and other

Total assets, start of year
$1,012,294
Total assets, end of year
$1,008,751
Total liabilities, end of year
$83,869
Net assets, end of year
$924,882
Land, buildings and equipment
$14,522
Net assets without donor restrictions
$924,882
Gross receipts
$623,684
Employees
3
Volunteers
8
Year formed
1983
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KAREN ANGELLEEXECUTIVE DIRECTOR
Officer
40$0$143,595$23,966
J DAVID STROTHERCHAIRMAN
Trustee or director, Officer
0$0$0$0
SCOTT HOLLIERVICE CHAIRMAN
Trustee or director, Officer
0$0$0$0
GERALD J DARTEZSECRETARY
Trustee or director, Officer
0$0$0$0
MICHAEL MICHOTDIRECTOR
Trustee or director
0$0$0$0
JOSEPH DAN LAVERGNEDIRECTOR
Trustee or director
0$0$0$0
LOUIS PERRETDIRECTOR
Trustee or director
0$0$0$0
JAMES PLUMLEY JRDIRECTOR
Trustee or director
0$0$0$0
WILLIAM TAYLORDIRECTOR
Trustee or director
0$0$0$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KAREN ANGELLEEXECUTIVE DIRECTOR
Officer
40$0$135,180$25,407
J DAVID STROTHERCHAIRMAN
Trustee or director, Officer
0$0$0$0
SCOTT HOLLIERVICE CHAIRMAN
Trustee or director, Officer
0$0$0$0
GERALD J DARTEZSECRETARY
Trustee or director, Officer
0$0$0$0
MICHAEL MICHOTDIRECTOR
Trustee or director
0$0$0$0
JOSEPH DAN LAVERGNEDIRECTOR
Trustee or director
0$0$0$0
LOUIS PERRETDIRECTOR
Trustee or director
0$0$0$0
JAMES PLUMLEY JRDIRECTOR
Trustee or director
0$0$0$0
WILLIAM TAYLORDIRECTOR
Trustee or director
0$0$0$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KAREN ANGELLEEXECUTIVE DIRECTOR
Officer
40$0$144,000$30,044
J DAVID STROTHERCHAIRMAN
Trustee or director, Officer
0$0$0$0
SCOTT HOLLIERVICE CHAIRMAN
Trustee or director, Officer
0$0$0$0
GERALD J DARTEZSECRETARY
Trustee or director, Officer
0$0$0$0
MICHAEL MICHOTDIRECTOR
Trustee or director
0$0$0$0
JOSEPH DAN LAVERGNEDIRECTOR
Trustee or director
0$0$0$0
LOUIS PERRETDIRECTOR
Trustee or director
0$0$0$0
JAMES TEX PLUMLEY JRDIRECTOR
Trustee or director
0$0$0$0
WILLIAM TAYLORDIRECTOR
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
302 LA RUE FRANCE STE 200, LAFAYETTE, LA 70508-3133
Principal officer (990 for 2024)
KAREN ANGELLE, 302 LA RUE FRANCE SUITE 200, LAFAYETTE, LA 70508
Signed the 990
SCOTT HOLLIER, VICE-CHAIRMAN OF THE BOARD
Phone
(337) 234-2977
Return prepared by
EAG GULF COAST LLC

Mission

TO INVEST MONEYS IN EXISTING, EXPANDING BUSINESSES THAT WILL CREATE OR RETAIN JOBS, PROVIDE A POSITIVE ECONOMIC IMPACT WITHIN ITS COMMUNITY, OR MEET A PUBLIC POLICY GOAL OF THE SMALL BUSINESS ADMINISTRATION (SBA).

990 for the year ended September 30, 2025

Program accomplishments

  • LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY, INC. IS ORGANIZED FOR THE PURPOSE OF FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE STATE OF LOUISIANA BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS. THE PRIMARY OBJECTIVE OF THIS CORPORATION IS TO BENEFIT THE COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY. LOUISIANA CAPITAL MEETS THESE GOALS BY HELPING SMALL BUSINESSES OBTAIN LOANS THROUGH THE SBA.
    Expenses $345,896 · revenue $497,812

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
72-1007981
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1985
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,008,751
Income (IRS master file)
$623,684

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$623,369$588,239$1,008,751XML
990September 2024$604,306$561,422$1,012,294XML
990September 2023$588,136$535,668$1,001,918XML
990September 2022$535,000$570,941$812,930IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 72-1007981).

Questions about LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC

What is the EIN of LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC?
The employer identification number (EIN) of LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC is 72-1007981.
Is LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1985.
Are donations to LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC 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 CAPITAL CERTIFIED DEVELOPMENT COMPANY INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC?
The 990 for the year ended September 30, 2025 names KAREN ANGELLE.
Who are the officers and directors of LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does LOUISIANA CAPITAL CERTIFIED DEVELOPMENT COMPANY INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $623,369, expenses of $588,239 and total assets of $1,008,751 at year end.

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