Overview
What is Louisiana Association Of Business And Industry?
The Louisiana Association of Business and Industry (LABI) is a nonprofit organization situated in Baton Rouge, Louisiana, with a strong focus on fostering a conducive business environment in the state. With a mission to champion the principles of the free enterprise system, LABI represents the general interests of the business community by actively engaging in political, legislative, judicial, and regulatory processes. Their primary goal is to enhance economic growth in Louisiana, ensuring a balanced political landscape between businesses, labor, and influential groups. With a team of 22 dedicated individuals, LABI operates issue councils, conducts research, and initiates programs of action, all aimed at improving the overall business climate in the state.
Official website here: www.labi.org
Is Louisiana Association Of Business And Industry legitimate?
Louisiana Association Of Business And Industry is a legitimate nonprofit organization registered as a 501(c)(6) entity. Louisiana Association Of Business And Industry 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: $855,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,341,601
For more financial information, click here
Official website here: www.labi.org
What is the mission statement of Louisiana Association Of Business And Industry?
The Louisiana Association of Business and Industry (LABI) is committed to enhancing the business climate of the state. To achieve this, they actively engage in political, legislative, judicial, and regulatory processes, advocating for the principles of the free enterprise system. Their mission is to foster a climate that encourages economic growth, creating more job opportunities in Louisiana. Furthermore, LABI ensures political balance in government between various influential groups, including business, labor, and others. They accomplish this through issue councils, research, and programs of action, aiming to secure strong economic growth and expansion in the state.
Official website here: www.labi.org
Who is the CEO of Louisiana Association Of Business And Industry?
James Patterson is the Director of Louisiana Association Of Business And Industry.
Official website here: www.labi.org
What is the revenue of Louisiana Association Of Business And Industry?
Louisiana Association Of Business And Industry's revenue in 2022 was $3,851,106.
Official website here: www.labi.org
Who are the executives of Louisiana Association Of Business And Industry and what are their salaries?
The average compensation at Louisiana Association Of Business And Industry during 2022 was $99,870. There are 22 employees and 441 volunteers at Louisiana Association Of Business And Industry.
Here are 101 key members and their salaries:
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Official website here: www.labi.org
Where can I find the form 990 for Louisiana Association Of Business And Industry?
Louisiana Association Of Business And Industry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.labi.org
Learn more at the official website: www.labi.org
Mission Statement of Louisiana Association Of Business And Industry
The Louisiana Association of Business and Industry, often referred to as LABI, is committed to enhancing the business climate in Louisiana. Their mission revolves around fostering conditions conducive to economic growth by advocating for the fundamental principles of the free enterprise system. LABI represents the collective interests of the business community, engaging actively in political, legislative, judicial, and regulatory processes. Through issue councils, research, and programs of action, LABI strives to ensure a robust economic growth in Louisiana, create ample job opportunities, and maintain a political balance between various groups of influence.
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Impact
October, 2024
The Louisiana Association of Business and Industry (LABI) plays a crucial role in enhancing the business climate of Louisiana. By focusing on strong economic growth and job creation, LABI actively engages in research and implements programs aimed at bolstering the state's economy. The organization brings together various stakeholders through issue councils, ensuring a balanced representation of business interests alongside labor and other influential groups in political matters.
LABI's mission emphasizes the principles of the free enterprise system, motivating its involvement in key political, legislative, judicial, and regulatory processes. Through this advocacy, LABI works to create a favorable environment for businesses to thrive, contributing to the overall economic health of Louisiana. By facilitating collaboration among diverse entities, LABI fosters stability and progress in the state's economic landscape, demonstrating its significant impact on community improvement and job expansion.
This information is meant to be a general summary of Louisiana Association Of Business And Industry. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $307,061
- Program Service Revenue: $2,008,511
- Gross Receipts: $3,851,106
Assets and Liabilities:
- Total Assets: $8,107,345
- Total Liabilities: $366,783
- Net Assets: $7,740,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,581,825
CONFERENCES & SEMINARS
Revenue
$426,686
Organization Details
Founding Year
1975
Phone
(225) 928-5388Principal Officer
James Patterson
Main Address
500 MAIN STREET, BATON ROUGE, LA, 70801
Website
www.labi.orgNTEE Category
Code: S41Z - Community improvement
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