Louisiana Finance Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720636404 ✦ Baton rouge, LA ✦ Designated as a 501(c)(6)

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Overview

What is Louisiana Finance Association?

Louisiana Finance Association, established in Baton Rouge, Louisiana, is a small nonprofit organization with a single employee. Its primary mission is to support and educate its members who are involved in the personal loan business within the state. The association annually convenes to facilitate this purpose, offering an opportunity for its members to engage, learn, and share insights. The Louisiana Finance Association was founded with the aim of promoting the welfare and education of its members, thereby contributing positively to the personal loan sector in Louisiana.


Official website here: www.louisianafinanceassociation.com

Is Louisiana Finance Association legitimate?

Louisiana Finance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Louisiana Finance Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $78,741
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.louisianafinanceassociation.com

What is the mission statement of Louisiana Finance Association?

The Louisiana Finance Association, established with a focus on its members engaged in the personal loan business, aims to enhance their welfare and fosters their education. Its primary purpose is to promote an environment that supports the professional growth of its members. The association conducts annual conventions for educational purposes, providing a platform for members to engage, learn, and network.


Official website here: www.louisianafinanceassociation.com

Who is the CEO of Louisiana Finance Association?

Kimberly Hallaran is the District Member of Louisiana Finance Association.


Official website here: www.louisianafinanceassociation.com

What is the revenue of Louisiana Finance Association?

Louisiana Finance Association's revenue in 2022 was $265,975.


Official website here: www.louisianafinanceassociation.com

Who are the executives of Louisiana Finance Association and what are their salaries?

The average compensation at Louisiana Finance Association during 2022 was $78,741. There is 1 employee and 100 volunteers at Louisiana Finance Association.


Here are 31 key members and their salaries:


Adam Wirth (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Fontenot (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Desroches (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Chedville (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gray (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryce Lobell (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charle Spedale (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Breazealle (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Walters (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darroll J Bertrand (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne D Gallineau (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Burbank (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gradon Clemons (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inez Jenkins (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Mcduffie (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie M Purvis Jr (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Fenton (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester E Dees (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Bullock (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Medlen (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Culpepper (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fontentot (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Gilmore (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olin Berthelot (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Williams (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Landry Iv (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy P Schmidt (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger E Boynton (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Turner (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Sagrera (District Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Hallaran (Secretary/Treasurer)
  • Compensation: $78,741
  • Related: $0
  • Other: $11,539


Official website here: www.louisianafinanceassociation.com

Where can I find the form 990 for Louisiana Finance Association?

Louisiana Finance Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.louisianafinanceassociation.com

Learn more at the official website: www.louisianafinanceassociation.com

Mission Statement of Louisiana Finance Association

Louisiana Finance Association, established with a vision, aims to foster the prosperity and enrichment of its members engaged in the personal loan sector within Louisiana. Its primary objective is to promote education within this field, ensuring the continuous growth and development of its members. This is achieved through various means, including annual conventions, which serve as a platform for educational gatherings and knowledge sharing. By fostering a conducive environment for learning and growth, Louisiana Finance Association strives to enhance the competence and expertise of its members, thereby contributing positively to the personal loan business in Louisiana.

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Impact




October, 2024

The Louisiana Finance Association (LFA) significantly impacts its members and the personal loan industry in the state. By focusing on the welfare and education of individuals in the personal loan sector, LFA fosters a community that prioritizes professional development and ethical practices.

One of the key initiatives is the annual convention, where members gather to share knowledge, insights, and strategies, strengthening their skills and enhancing the overall competency of the industry. This event not only promotes best practices but also nurtures networking opportunities among professionals, encouraging collaboration and support within the community.

Ultimately, LFA’s efforts contribute to improving the landscape of personal finance in Louisiana, ensuring that its members are well-equipped to serve their clients effectively while upholding the highest standards of service and integrity.




This information is meant to be a general summary of Louisiana Finance Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$265,975 (2022)
Expenses
$341,106 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,143
  • Program Service Revenue: $243,832
  • Gross Receipts: $1,326,274

Assets and Liabilities:

  • Total Assets: $3,281,117
  • Total Liabilities: $0
  • Net Assets: $3,281,117

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$131,354

CONVENTION REVENUES

Revenue

$111,060

OTHER

Revenue

$1,228

LAW BOOK SALES

Revenue

$190

Organization Details

Founding Year

1959

Principal Officer

Kimberly Hallaran

Main Address

PO BOX 40183, BATON ROUGE, LA, 70835

NTEE Category

Code: S41 - Community improvement

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