2017-07-12T13:19:29-05:00 2016-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2016-01-01 720243878 LOUISIANA BANKERS ASSOCIATION LOUI 2253873282 5555 BANKERS AVENUE BATON ROUGE LA 70808 ROBERT T TAYLOR CEO 2253873282 2017-05-08 1 JEANNE M DRISCOLL CPA P00153701 5048355522 64.88.174.3 2017-05-08 10:52:19 CD P 9D1B8F76642B28747488BD92D200AA0427E35E67 45A1BF9BBE325825EF2B17BC0F831DEBDFBB4C31 2016 2021-01-29 14:40:06Z ROBERT T TAYLOR 5555 BANKERS AVENUE BATON ROUGE LA 70808 3071392 0 X WWW.LBA.ORG X 1955 LA BANKING EDUCATION AND MEETINGS 13 13 11 0 19369 3787 987717 1020090 1988676 1863038 16728 30768 146615 155323 3139736 3069219 60000 50000 0 0 1388575 1438485 0 0 0 1665999 1550621 3114574 3039106 25162 30113 6212688 6263540 1485697 1378307 4726991 4885233 THE MISSION OF THE LOUISIANA BANKERS ASSOCIATION IS TO HELP BANKS GROW AND PROSPER IN LOUISIANA. 0 0 3024524 BANKING CONVENTION, EDUCATIONAL SEMINARS FOR MEMBERS AND THE PUBLIC, JUDICIAL REPRESENTATION ON BANKING MATTERS 14582 MONTHLY BANKING NEWSLETTER AND BIENNIAL BANKING LAW BOOKS 3039106 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 31 0 1 11 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X PHILLIS BOYD 2253873282 5555 BANKERS AVENUE BATON ROUGE LA 70808 PATRICK BIGLANE TREASURER 3.00 1.00 X X 0 0 0 THOMAS MARTIN CHAIRMAN 3.00 1.00 X X 0 0 0 PAUL TWEEDY IMMEDIATE PAST CHAIRMAN 3.00 1.00 X X 0 0 0 JOHN FUSILIER BOARD MEMBER 3.00 1.00 X 0 0 0 CHADWICK MCCLUNG BOARD MEMBER 3.00 1.00 X 0 0 0 DAVID MELVILLE III BOARD MEMBER 3.00 1.00 X 0 0 0 DAVID ANDERSON BOARD MEMBER 3.00 1.00 X 0 0 0 JERRY LEDET JR BOARD MEMBER 3.00 1.00 X 0 0 0 ALTON MCREE BOARD MEMBER 3.00 1.00 X 0 0 0 KEN HALE CHAIRMAN ELECT 3.00 1.00 X X 0 0 0 JAMES BARLOW BOARD MEMBER 3.00 1.00 X 0 0 0 BLAKE WILLIAMS BOARD MEMBER 3.00 X 0 0 0 BRIAN H WOODARD BOARD MEMBER 3.00 1.00 X 0 0 0 ROBERT TAYLOR CEO 40.00 X 296118 0 35000 GINGER LAURENT COO 40.00 X 204061 0 27681 DAVID BONENO LEGAL COUNSEL 40.00 X 164089 0 22329 JOSEPH GENDRON DIRECTOR OF GR 40.00 X 162792 0 8130 PHILLIS BOYD CONTROLLER 40.00 X 116376 0 5813 943436 0 98953 5 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 402642 ATLANTA GA 30384 CONVENTION 321769 SSA CONSULTANTS INC 9331 BLUEBONNET BLVD BATON ROUGE LA 70810 EDUCATIONAL EVENTS 106670 2 1020090 1020090 EDUCATIONAL PROGRAMS 900099 1391337 1391337 CONVENTION 900099 378731 378731 PUBLICATIONS 541800 79233 64651 14582 OTHER PROGRAMS 900099 13737 13737 1863038 30768 30768 6960 2173 4787 4787 4787 COST REIMBURSEMENT 900099 149940 149940 MISCELLANEOUS 900099 596 596 150536 3069219 1998992 19369 30768 50000 50000 920200 920200 351199 351199 23269 23269 75174 75174 68643 68643 18435 18435 15482 15482 51377 51377 12468 12468 1157259 1157259 5071 5071 72894 72894 29415 29415 INCOME TAX EXPENSE -1230 -1230 UTILITIES AND MAINTENA 57497 57497 ADMINISTRATIVE EXPENSES 31685 31685 TELEPHONE EXPENSE 23610 23610 76658 76658 3039106 3039106 0 0 1099723 1054504 2053321 2016939 23728 18160 312274 321661 74588 81963 2401560 932698 1464154 1468862 1184900 1301451 6212688 6263540 218106 261257 901849 775997 12972 14379 352770 326674 1485697 1378307 X 4726991 4885233 4726991 4885233 6212688 6263540 X 30113 -764 128893 X X 0 1 X 1 0 0 0 1 868449 243777 103596 347373 356064 -8691 452076 452076 1414897 522639 892258 534587 410059 124528 1468862 ACCRUED INTEREST RECEIVABLE 6731 INVESTMENT IN RETIREMENT TRUST 281755 INVESTMENT IN SUBSIDIARIES 1012965 1301451 ACCRUED PENSION COST 249029 DUE TO SUBSIDIARIES 50000 CAPITAL LEASE OBLIGATION 27514 INCOME TAX PAYABLE 131 326674 X 3200285 131066 131066 3069219 0 3069219 3041278 2173 2173 3039105 0 3039105 PART X, LINE 2: FIN 48 FOOTNOTE: THE ASSOCIATION FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THE ASSOCIATION AND ITS SUBSIDIARIES FILE TAX RETURNS IN THE FEDERAL AND THE STATE OF LOUISIANA TAX JURISDICTIONS AND ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY THE ASSOCIATION AND ITS SUBSIDIARIES. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE ASSOCIATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ASSOCIATION'S TAX RETURNS FOR 2013, 2014, AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNDISTRIBUTED INCOME OF SUBSIDIARIES 128,893. RENTAL EXPENSE 2,173. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 2,173. 1 LOUISIANA BANKERS EDUCATION FOUNDATION 555 BANKERS AVENUE BATON ROUGE LA 70808 721478766 501(C)3 50000 $50,000 FOR ENDOWMENT 1 PART I, LINE 2: LOUISIANA BANKERS EDUCATION FOUNDATION(LBEF) IS CONTROLLED BY LOUISIANA BANKERS ASSOCIATION(LBA). THE TWO ENTITIES HAVE THE SAME BOARD OF DIRECTORS WHO WILL ENSURE THAT THE GRANT IS USED FOR ITS INTENDED PURPOSE. X X X 1 1 X X X 0 0 0 ROBERT TAYLOR CEO 295717 0 0 0 401 0 35000 0 0 0 331118 0 0 0 GINGER LAURENT COO 203776 0 0 0 285 0 27681 0 0 0 231742 0 0 0 DAVID BONENO LEGAL COUNSEL 163882 0 0 0 207 0 22329 0 0 0 186418 0 0 0 JOSEPH GENDRON DIRECTOR OF GR 162600 0 0 0 192 0 8130 0 0 0 170922 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A REGIONAL DIRECTORS SHALL BE ELECTED BY THE ACTIVE MEMBERS AT AN ANNUAL MEETING FROM A SLATE OF NOMINEES SELECTED IN THE FOLLOWING MANNER: LBA WILL SEND A LETTER TO EACH ACTIVE MEMBER IN THE REGION EXPLAINING THE NOMINATING CRITERIA AND ELECTION PROCESS, AS WELL AS THE EXPECTED DUTIES OF A REGIONAL DIRECTOR. THE CURRENT REGIONAL DIRECTOR ENCOURAGES ALL ACTIVE MEMBERS IN THE REGION TO PARTICIPATE IN NOMINATION PROCESS. FOR EACH REGION FROM WHICH A REGIONAL DIRECTOR IS TO BE NOMINATED, A NOMINATING COMMITTEE WILL BE FORMED CONSISTING OF THE CURRENT (OUTGOING) REGIONAL DIRECTOR, WHO SHALL SERVE AS CHAIR, AND THE THREE MOST RECENT PAST DIRECTORS FROM THAT REGION WHO ARE STILL SERVING AS SENIOR OFFICERS OF ACTIVE MEMBERS IN THAT REGION. EACH NOMINATING COMMITTEE SHALL SELECT A NOMINEE AS A CANDIDATE FOR THE REGIONAL DIRECTOR FOR ITS REGION. FORM 990, PART VI, SECTION A, LINE 7B NOMINEES SHALL BE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL AND RECOMMENDATION TO THE ACTIVE MEMBERS FOR ELECTION. ELECTION OF EACH REGIONAL DIRECTOR SHALL BE BY THE ACTIVE MEMBERS AT THE ANNUAL MEETING, FOLLOWING THE TAKING OF ANY NOMINATIONS FROM THE FLOOR. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE COMPLETED FORM 990 IS RECEIVED BY THE ORGANIZATION, IT IS REVIEWED BY STAFF. THE STAFF THEN FINALIZES A DRAFT AND PLACES THE FINAL DRAFT ON THE AGENDA OF THE NEXT SCHEDULED BOARD MEETING. THE BOARD RECEIVES THE FORM 990 ONE WEEK PRIOR TO THE SCHEDULED MEETING IN ORDER FOR TIMELY REVIEW OF DOCUMENTS PRIOR TO THE ACTUAL MEETING. DURING THE MEETING THE RETURN IS FORMALLY APPROVED BY THE BOARD. UPON APPROVAL, THE FORM 990 IS RELEASED FOR SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY TO ENSURE THE ORGANIZATION IS OPERATING IN A MANNER CONSISTENT WITH ITS EXEMPT PURPOSE. THE PERIODIC REVIEWS INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING SUBJECTS: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM WITH THE ORGANIZATION'S WRITTEN POLICIES, ARE RECORDED CORRECTLY, AND REFLECT REASONABLE INVESTMENTS FOR PAYMENTS OF GOODS AND SERVICES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, A BUDGET COMMITTEE COMPRISED OF APPOINTED BOARD MEMBERS IS RESPONSIBLE FOR REVIEWING AND RECOMMENDING TO THE FULL BOARD THE BONUS AND ANNUAL SALARY FOR THE CEO, COO, THE GENERAL COUNSEL, AND THE DIRECTOR OF GOVERNMENT RELATIONS. THE CEO EVALUATES TOP OFFICERS AND RECEIVES BOARD APPROVAL FOR SALARY INCREASES AND FOR BONUSES. THE STATE BANKERS ASSOCIATION SALARY SURVEY IS USED IN REVIEW AND ASSESSMENTS TO DETERMINE INDUSTRY STANDARDS FOR MINIMUM AND MAXIMUM BASE SALARIES. DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNDISTRIBUTED INCOME OF SUBSIDIARIES 128,893. PART XII LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. LA BANKERS EDUCATION FOUNDATION 5555 BANKERS AVE BATON ROUGE LA 70808 721478766 BANKING EDUCATION LA 501(C)(3) LINE 10 LOUISIANA BANKERS ASSOCIATION 1 BANKERS BENEFIT OF LOUISIANA INC (BBOL) 5555 BANKERS AVENUE BATON ROUGE LA 70808 721478783 EMPLOYEE BENEFITS/INSURANCE LA LOUISIANA BANKERS ASSOCIATION C 42880 112819 1.00000 1 LOUISIANA BANKERS SERVICE CORPORATION (LBSC) 5555 BANKERS AVENUE BATON ROUGE LA 70808 721478780 BANKING PRODUCTS LA LOUISIANA BANKERS ASSOCIATION C 258923 756103 1.00000 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 BANKERS BENEFIT OF LOUISIANA A 6960 LOUISIANA BANKERS SERVICE CORPORATION F 6073 BANKERS BENEFIT OF LOUISIANA D 252106 ANNUAL COST REIMBURSEMENT BY LBSC N 113676 LOUISIANA BANKERS EDUCATIONAL FOUNDATION D 22827 LOUISIANA BANKERS SERVICE CORPORATION D 46728 ANNUAL COST REIMBURSEMENT BY BBOL N 36264 LOUISIANA BANKERS EDUCATIONAL FOUNDATION B 50000