Overview
What is North Louisiana Economic Partnership Inc?
North Louisiana Economic Partnership Inc, a 501(c)3 nonprofit organization situated in Shreveport, Louisiana, primarily focuses on economic development activities. With a team of eight dedicated individuals, the organization serves as a promoter, facilitator, information provider, and advocate for both established businesses and companies considering North Louisiana as a potential location. Their mission is to encourage capital investment and job creation by showcasing North Louisiana as an attractive business environment. The North Louisiana Economic Partnership actively works towards ensuring that companies recognize the region's potential and potential benefits, thereby fostering growth and development in the region.
Official website here: www.nlep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating from Charity Navigator.
North Louisiana Economic Partnership Inc has been recognized with a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 95%. This high rating is a testament to the organization’s commitment to transparency and responsible financial management, indicating that it effectively utilizes its resources for its mission.
The organization boasts a fully independent board, which enhances governance and oversight, scoring the maximum points in this area. Additionally, it has demonstrated excellent practices in financial statements and asset management, with no material diversion of assets reported. Its impressive program expense ratio of 85.78% signifies that a substantial portion of its budget is allocated directly to its programs, further indicating a focus on impact.
While the organization performs well overall, the data does not highlight any specific limitations or areas for improvement. The strong financial ratios, including a low fundraising efficiency cost of $0.03, suggest that North Louisiana Economic Partnership Inc is well-positioned to continue its work effectively in the community.
This AI summary has been generated from information found on Charity Navigator.
Is North Louisiana Economic Partnership Inc legitimate?
North Louisiana Economic Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Louisiana Economic Partnership Inc 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: $490,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,642
For more financial information, click here
Official website here: www.nlep.org
What is the mission statement of North Louisiana Economic Partnership Inc?
The North Louisiana Economic Partnership Inc serves a mission to bolster economic development in the unspecified region. They function as a proactive promoter, facilitator, and information provider, advocating for both existing employers and new companies considering the area. Their primary goal is to encourage capital investment and job creation, thereby positioning North Louisiana as an appealing business location. By doing so, they aim to stimulate growth and development within the economic landscape.
Official website here: www.nlep.org
Who is the CEO of North Louisiana Economic Partnership Inc?
Justyn B Dixon is the President of North Louisiana Economic Partnership Inc.
Official website here: www.nlep.org
What is the revenue of North Louisiana Economic Partnership Inc?
North Louisiana Economic Partnership Inc's revenue in 2022 was $3,035,033.
Official website here: www.nlep.org
Who are the executives of North Louisiana Economic Partnership Inc and what are their salaries?
The average compensation at North Louisiana Economic Partnership Inc during 2022 was $134,518. There are 8 employees at North Louisiana Economic Partnership Inc.
Here are 46 key members and their salaries:
- Compensation: $355,500
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- Other: $27,551
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- Other: $10,200
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- Other: $7,665
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Official website here: www.nlep.org
Where can I find the form 990 for North Louisiana Economic Partnership Inc?
North Louisiana Economic Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nlep.org
Learn more at the official website: www.nlep.org
Mission Statement of North Louisiana Economic Partnership Inc
North Louisiana Economic Partnership Inc is dedicated to promoting economic development activities in the region. Their mission is to position North Louisiana as an attractive business location, encouraging capital investment and job creation. They serve as a leading advocate, facilitator, and provider of information for both existing employers and companies considering the region for the first time. The organization's goal is to ensure that companies recognize the potential of North Louisiana as a favorable business environment, thereby contributing to its economic growth.
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Impact
July, 2024
North Louisiana Economic Partnership Inc plays a significant role in driving economic development activities in North Louisiana. By serving as the lead promoter, facilitator, information provider, and advocate for the region, this organization ensures that companies recognize North Louisiana as a desirable business location. Its efforts encourage capital investment and job creation, benefiting both existing employers and companies considering the area for the first time. Through its activities, North Louisiana Economic Partnership Inc helps to improve the community and stimulate economic growth in the region.
This information is meant to be a general summary of North Louisiana Economic Partnership Inc. 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.
- Gross Receipts: $3,035,033
Assets and Liabilities:
- Total Assets: $2,088,040
- Total Liabilities: $321,897
- Net Assets: $1,766,143
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Organization Details
Founding Year
1981
Phone
(318) 677-2536Principal Officer
Justyn B Dixon
Main Address
333 TEXAS STREET SUITE 411, SHREVEPORT, LA, 71101
Website
www.nlep.orgNTEE Category
Code: S300 - Community improvement
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