LOUISIANA BANKERS ASSOCIATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LOUISIANA BANKERS ASSOCIATION (EIN 72-0243878)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-03
- IRS object ID
- 201341239349300814
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-03T14:21:20-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721088864 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAPORTE APAC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 VETERANS MEMORIAL BLVD SUITE | AddressLine1 |
| Address Line2 | 600 | AddressLine2 |
| City | METAIRIE | City |
| State | LA | State |
| ZIP Code | 700054958 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 720243878 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA BANKERS ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOUI | NameControl |
| Phone | 2253873282 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5555 BANKERS AVENUE | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT T TAYLOR | Name |
| Title | CEO | Title |
| Phone | 2253873282 | Phone |
| Date Signed | 2013-05-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE S PRENDERGAST MS CPA | Name |
| PTIN | P00151746 | PTIN |
| Phone | 5048355522 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT T TAYLOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5555 BANKERS AVENUE | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3431371 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.LBA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | LA | StateLegalDomicile |
| Activity Or Mission Description | BANKING EDUCATION AND MEETINGS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 10 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 22710 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 11094 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1025646 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1012749 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2024593 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2140515 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 148375 | InvestmentIncomePriorYear |
| Investment Income Current Year | 134152 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 273714 | OtherRevenuePriorYear |
| Other Revenue Current Year | 143955 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3472328 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3431371 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1201795 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1255932 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1719921 | OtherExpensePriorYear |
| Other Expenses Current Year | 1789995 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2921716 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3045927 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 550612 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 385444 | RevenuesLessExpensesCY |
| Total Assets BOY | 5130699 | TotalAssetsBOY |
| Total Assets EOY | 5411626 | TotalAssetsEOY |
| Total Liabilities BOY | 1279219 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1354268 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3851480 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4057358 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE LOUISIANA BANKERS ASSOCIATION IS TO HELP BANKS GROW AND PROSPER IN LOUISIANA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3026902 | Expense |
| Description | BANKING CONVENTION, EDUCATIONAL SEMINARS FOR MEMBERS AND THE PUBLIC, JUDICIAL REPRESENTATION ON BANKING MATTERS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 19025 | Expense |
| Description | MONTHLY BANKING NEWSLETTER, SEMIANNUAL BANKING DIRECTORY, BIENNIAL BANKING LAW BOOKS | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 3045927 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 36 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 10 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILLIS BOYD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2253873282 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5555 BANKERS AVENUE | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DANIEL R DOMINGUE JR | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| DONALD ZORNMAN | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| REGINALD H SMITH JR | ||||||||
| IMMEDIATE PAST CHAIRMAN | 3.00 | 1.00 | X | 0 | 0 | 0 | X | |
| PATRICK O LITTLE | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| RANDALL M WELCH | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| GARY S LITTLEFIELD | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES V TIMPA | ||||||||
| CHAIRMAN | 3.00 | 1.00 | X | 0 | 0 | 0 | X | |
| FRITZ W ANDERSON II | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| MARK P FOLSE | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| DRAKE MILLS | ||||||||
| CHAIRMAN-ELECT | 3.00 | 1.00 | X | 0 | 0 | 0 | X | |
| DANIEL M CALDWELL | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| PAUL A DURAND | ||||||||
| TREASURER | 3.00 | 1.00 | X | 0 | 0 | 0 | X | |
| MICHAEL L WOODS | ||||||||
| BOARD MEMBER | 3.00 | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT TAYLOR | ||||||||
| CEO | 40.00 | 0.00 | 275397 | 0 | 33500 | X | ||
| GINGER LAURENT | ||||||||
| COO | 40.00 | 186610 | 0 | 24722 | X | |||
| DAVID BONENO | ||||||||
| LEGAL COUNSEL | 40.00 | 148047 | 0 | 19292 | X | |||
| JOSEPH GENDRON | ||||||||
| DIRECTOR OF GR | 40.00 | 113923 | 0 | 5690 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 723977 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 83204 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MARRIOTT BUSINESS SERVICES | |||||
| PO BOX 402642 | ATLANTA | GA | 303842642 | CONVENTION | 310851 |
| GETTECHNICAL INC | |||||
| 404A N BURNSIDE AVE | GONZALES | LA | 70737 | SPEAKER FEES | 159635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Membership Dues | 1012749 | MembershipDues |
| Total Contributions | 1012749 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| EDUCATIONAL PROGRAMS | 900099 | 1672285 | 1672285 | |
| CONVENTION | 900099 | 386228 | 386228 | |
| PUBLICATIONS | 541800 | 68546 | 59996 | 8550 |
| OTHER PROGRAMS | 900099 | 13456 | 13456 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2140515 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 134152 | TotalRevenueColumn |
| Exclusion | $134,152 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14160 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14160 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14160 | TotalRevenueColumn |
| Unrelated Business Revenue | 14160 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| COST REIMBURSEMENT | 900099 | 127572 | 127572 |
| MISCELLANEOUS | 900099 | 2223 | 2223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 129795 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3431371 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2261760 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 22710 | UnrelatedBusinessRevenue |
| Exclusion | $134,152 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 520228 | Total |
| Program Services | 520228 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 496778 | Total |
| Program Services | 496778 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105331 | Total |
| Program Services | 105331 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72163 | Total |
| Program Services | 72163 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61432 | Total |
| Program Services | 61432 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23060 | Total |
| Program Services | 23060 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20150 | Total |
| Program Services | 20150 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67402 | Total |
| Program Services | 67402 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28036 | Total |
| Program Services | 28036 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8413 | Total |
| Program Services | 8413 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1404941 | Total |
| Program Services | 1404941 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14610 | Total |
| Program Services | 14610 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65144 | Total |
| Program Services | 65144 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25679 | Total |
| Program Services | 25679 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| OTHER EXPENSES | 4090 | 4090 |
| UTILITIES AND MAINTENA | 44564 | 44564 |
| DUES AND SUBSCRIPTIONS | 20204 | 20204 |
| BOARD MEETINGS | 12315 | 12315 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51387 | Total |
| Program Services | 51387 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3045927 | Total |
| Program Services | 3045927 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 807915 | BOY |
| EOY | 1024456 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1028339 | BOY |
| EOY | 1305055 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167406 | BOY |
| EOY | 157518 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 363457 | BOY |
| EOY | 353592 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50676 | BOY |
| EOY | 79560 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2260292 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 726788 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1564179 | BOY |
| EOY | 1533504 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1148727 | BOY |
| EOY | 957941 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5130699 | BOY |
| EOY | 5411626 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 217587 | BOY |
| EOY | 208755 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 717054 | BOY |
| EOY | 816756 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42806 | BOY |
| EOY | 36310 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 301772 | BOY |
| EOY | 292447 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1279219 | BOY |
| EOY | 1354268 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3851480 | BOY |
| EOY | 4057358 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3851480 | BOY |
| EOY | 4057358 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5130699 | BOY |
| EOY | 5411626 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 385444 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -179566 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 883453 | DuesAssessments |
| Non Ded Lobby Political Current | 218131 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 218131 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 291539 | AggrAmtReportedInDuesNotices |
| Taxable | -$73,408 | TaxableAmount |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 452076 | OtherCostOrOtherBasis |
| Book Value | 452076 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1375190 | OtherCostOrOtherBasis |
| Depreciation | 383068 | Depreciation |
| Book Value | 992122 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 433026 | OtherCostOrOtherBasis |
| Depreciation | 343720 | Depreciation |
| Book Value | 89306 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1533504 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 5021 |
| INVESTMENT IN RETIREMENT TRUST | 334993 |
| INVESTMENT IN SUBSIDIARIES | 617927 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 957941 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCRUED PENSION COST | Description |
| Amount | $292,447 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 292447 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 3251805 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -179566 | OtherRevenues |
| Revenue Not Rptd F990 | -179566 | RevenueNotRptdF990 |
| Revenue Subtotal | 3431371 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3431371 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3045927 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3045927 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3045927 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | UNDISTRIBUTED LOSSES OF SUBSIDIARIES |
| 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 2009, 2010, AND 2011 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT TAYLOR | ||||||||||||||
| CEO | 210000 | 0 | 63000 | 0 | 2397 | 0 | 33500 | 0 | 0 | 0 | 308897 | 0 | 0 | 0 |
| GINGER LAURENT | ||||||||||||||
| COO | 161200 | 0 | 23250 | 0 | 2160 | 0 | 24722 | 0 | 0 | 0 | 211332 | 0 | 0 | 0 |
| DAVID BONENO | ||||||||||||||
| LEGAL COUNSEL | 130000 | 0 | 17850 | 0 | 197 | 0 | 19292 | 0 | 0 | 0 | 167339 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 11 | 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 LOSSES OF SUBSIDIARIES -179,566. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART XII LINE 2C | THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LA BANKERS EDUCATION FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2871 | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70821 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721478766 | EIN |
| Primary Activities | BANKING EDUCATION | PrimaryActivities |
| Legal Domicile State | LA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(2) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA BANKERS ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BANKERS BENEFIT OF LOUISIANA INC (BBOL) | ||||||||||||
| 5555 BANKERS AVENUE | BATON ROUGE | LA | 70808 | 721478783 | EMPLOYEE BENEFITS/INSURANCE | LA | LOUISIANA BANKERS ASSOCIATION | C | 59806 | 104926 | 1.00000 | 1 |
| LOUISIANA BANKERS SERVICE CORPORATION (LBSC) | ||||||||||||
| 5555 BANKERS AVENUE | BATON ROUGE | LA | 70808 | 721478780 | BANKING PRODUCTS | LA | LOUISIANA BANKERS ASSOCIATION | C | 320016 | 829672 | 1.00000 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 1 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| BANKERS BENEFIT OF LOUISIANA | |
| A | 14160 |
| LOUISIANA BANKERS SERVICE CORPORATION | |
| F | 120481 |
| BANKERS BENEFIT OF LOUISIANA | |
| D | 256319 |
| ANNUAL COST REIMBURSEMENT BY LBSC | |
| N | 95730 |
| LOUISIANA BANKERS EDUCATIONAL FOUNDATION | |
| D | 52842 |