2025-08-15T08:42:26-05:00 2024-09-30 923320348 EAG GULF COAST LLC 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2023-10-01 581711612 BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA BIOM 3187164108 POST OFFICE BOX 38050 SHREVEPORT LA 711338050 JAMES D DEAN EXECUTIVE VP & COO 3187164105 2025-08-14 1 0 TRENT A MILLICAN P00290301 2259224600 2025-08-14 2023 2025-03-06 01:10:19Z JOHN F GEORGE MD POST OFFICE BOX 38050 SHREVEPORT LA 711338050 28279717 0 X WWW.BRFLA.ORG X 1986 LA SEE SCHEDULE O 16 15 86 0 0 0 900112 3358540 23453080 19485195 -319979 5435982 0 0 24033213 28279717 131120 734652 0 0 7611879 7959587 0 0 390867 12282568 10935009 20025567 19629248 4007646 8650469 107996382 116055494 12490615 11359758 95505767 104695736 X SEE SCHEDULE O 0 0 6998217 11144260 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 3027321 2953843 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. 1027855 257349 THE DIGITAL MEDIA INSTITUTE (DMI) IS AN ACCREDITED HIGHER EDUCATIONALINSTITUTION FOCUSED ON DEGREE AND CERTIFICATE PROGRAMS IN THE DIGITALARTS. DMI OFFERS PROGRAMS IN ANIMATION AND DIGITAL EFFECTS, INTERACTIVESOFTWARE DEVELOPMENT, AND ADVERTISING DESIGN. STUDENTS AT DMI COME FROMA WIDE RANGE OF BACKGROUNDS AND FINANCIAL NEEDS. DMI PROVIDES ANDCOORDINATES WITH GRANT MAKING ORGANIZATIONS TO FUND SOME NEED BASEDSCHOLARSHIPS TO STUDENTS WHO MEET ADMISSIONS REQUIREMENTS BUT MAY NEEDADDITIONAL FINANCIAL ASSISTANCE. DMI ALSO PROVIDES SUMMER CAMPOPPORTUNITIES TO STUDENTS IN MIDDLE SCHOOL AND HIGH SCHOOL TO PROMOTEKNOWLEDGE AND INTEREST IN THE DIGITAL ART SPACE. 4103513 734652 8488283 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: $103,817 (INCLUDING GRANTS TO OTHERS OF $--), REVENUE: $60,015 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: $356,099 (INCLUDING GRANTS TO OTHERS OF $--), REVENUE: $100,000EAP: 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 BUSINESSEXPENSES: $1,324,644 (INCLUDING GRANTS TO OTHERS OF $--), REVENUE: $379,429CENTER 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. 4103513 734652 8488283 15156906 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 97 0 1 86 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 746068 0 34158 ARLENA ACREE DIRECTOR 1.00 X 0 0 0 LENNIS S ELSTON CPA PAST-CHAIRMAN 2.00 X X 0 0 0 BONNIE MOORE DIRECTOR 1.00 X 0 0 0 TERRY E MOORE 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 ED CRAWFORD 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 CURTIS JOSEPH JR DIRECTOR 1.00 X 0 0 0 BART ALEXANDER SECRETARY/TREASURER 1.00 X 0 0 0 WILLIAM LAVIGNE DIRECTOR 1.00 X 0 0 0 EDWARD J CRAWFORD III DIRECTOR 1.00 X 0 0 0 JAMES DEAN EXECUTIVE VP AND COO 49.00 X 532810 0 32846 DAVID SMITH EXECUTIVE DIRECTOR 42.00 X 285442 0 17609 DAVID SCHMIDT EXECUTIVE DIRECTOR 39.00 X 192906 0 19681 JOHN MAZUR DIRECTOR OF FINANCE (CFO) 40.00 X 150215 0 23741 STEPHEN LOKITZ DIRECTOR OF IMAGING SCIENC 39.00 X 167148 0 28694 HILARY WOOLEY CORPORATE COUNCIL 46.00 X 146086 0 27571 JULIE MILAM SR. FINANCIAL ANALYST 41.00 X 173102 0 24018 PATRICK MURPHY FACILITIES MANAGER 39.00 X 118631 0 16611 RACHID NAZIH SITE MANAGER 44.00 X 133724 0 25440 2646132 0 250369 16 0 1 0 LSU HEALTH SCIENCES 1501 KINGS HWY SHREVEPORT LA 71103 PROFESSIONAL SERVICES 1423436 MECHANICAL CONCEPTS LLC PO BOX 3570 SHREVEPORT LA 71133 PROFESSIONAL SERVICES 497407 RED RIVER SANITORS PO BOX 78329 SHREVEPORT LA 711378329 HOUSEKEEPING SERVICE 372435 JOHNSON CONTROLS INC PO BOX 730068 DALLAS TX TX 75373 PROFESSIONAL SERCVICES 291214 THE PICARD GROUP LLC 807 RICHARD AVE LAFAYETTE LA 70508 PROFESSIONAL SERVICES 280000 5 495159 2863381 3358540 RENTAL INCOME 531120 11144260 11144260 LOCAL GOVERNMENT OPERATING REVENU 541900 3130662 3130662 OMICRON SERVICES 541900 2953843 2953843 DIGITAL MEDIA INSTITUTE 541900 257349 257349 1999081 1999081 19485195 5435982 0 5435982 5435982 5435982 28279717 24921177 0 0 734652 734652 2937747 1595784 1335794 6169 3986827 2457555 1261368 267904 691908 378262 257567 56079 343105 188049 128404 26652 40477 18544 21933 164316 24745 139571 161254 129530 29781 1943 480031 421663 57306 1062 88773 88773 50106 47852 2254 123495 48027 71568 3900 29506 19483 6471 3552 407912 403960 3952 2947869 2941370 6499 512444 361799 150645 SUPPLIES AND OTHER EXPE 3552375 2929017 599752 23606 UTILITIES 1371287 1371287 REPAIRS AND MAINTENANCE 994398 993734 664 EQUIPMENT LEASING 10766 2820 7946 19629248 15156906 4081475 390867 12455875 13998806 2613838 1583930 19235965 10731186 14800639 84429 65769 129618 232280 97452463 53318189 44921056 44134274 15573475 15573475 1293887 522037 4209736 7942933 7478503 6470165 107996382 116055494 2727130 2160025 210318 960752 6155078 5711383 3398089 2527598 12490615 11359758 X 92548224 98657258 2957543 6038478 95505767 104695736 107996382 116055494 X 8650469 539500 X X 0 0 0 X 2403945 2485483 703194 900112 3358540 9851274 2815000 2817838 2863251 2863246 3130662 14489997 5218945 5303321 3566445 3763358 6489202 24341271 24341271 780682 871690 -2399853 1096234 4858175 5206928 29548199 82480300 0.82380 0.95340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 71224 71224 0 2613838 2649488 47770 5311096 2566068 47770 2613838 2720373 -154305 2566068 1720623 999750 2720373 1720623 1720623 1 0 11685727 11685727 68401045 38740375 29660670 17365691 14577814 2787877 44134274 INVESTMENTS IN REGIONAL START-UP COMPANIES 7942933 C 7942933 ASSET RETIREMENT LIABILITY 93547 EARNOUT LIABILITY, NET OF CURRENT POSITION 2434051 2527598 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. 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. 1 LSU HEALTH SCIENCE FOUNDATION 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)(3) 600000 0 DONATION 2 X X X X X X 0 0 0 0 0 0 0 1 0 JOHN GEORGE CEO/PRESIDENT 746068 0 0 0 0 0 19697 0 14461 0 780226 0 0 0 JAMES DEAN EXECUTIVE VP AND COO 532810 0 0 0 0 0 19119 0 13727 0 565656 0 0 0 DAVID SMITH EXECUTIVE DIRECTOR 285442 0 0 0 0 0 15708 0 1901 0 303051 0 0 0 DAVID SCHMIDT EXECUTIVE DIRECTOR 192906 0 0 0 0 0 11574 0 8107 0 212587 0 0 0 JULIE MILAM SR. FINANCIAL ANALYST 173102 0 0 0 0 0 10291 0 13727 0 197120 0 0 0 STEPHEN LOKITZ DIRECTOR OF IMAGING SCIENC 167148 0 0 0 0 0 10876 0 17818 0 195842 0 0 0 JOHN MAZUR DIRECTOR OF FINANCE (CFO) 150215 0 0 0 0 0 9151 0 14590 0 173956 0 0 0 HILARY WOOLEY CORPORATE COUNCIL 146086 0 0 0 0 0 9109 0 18462 0 173657 0 0 0 RACHID NAZIH SITE MANAGER 133724 0 0 0 0 0 7029 0 18411 0 159164 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 COMPENSATION AS DETERMINED BY MANAGEMENT. 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 XI, LINE 9: DISTRIBUTION OF CAPITAL FROM SUBSIDIARY ORGANIZATION 539,500. 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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